ONE Gas (OGS) EBITDA Margin (2017 - 2026)
ONE Gas' (OGS) quarterly EBITDA Margin came in at 20.08% in Q2 2026, up 313.0% year-over-year from 4.86% in Q2 2025, and down 11.9% quarter-over-quarter from 22.8% in Q1 2026.
Analysis
ONE Gas (OGS) EBITDA Margin (2017 - 2026) Analysis & Trends
ONE Gas (OGS) has reported EBITDA Margin for 10 consecutive years, with 20.08% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 313.0% year-over-year to 20.08% in Q2 2026; TTM through Jun 2026 was 20.65%, a 193.0% increase from a year earlier, with the FY2025 full-year figure at 18.85%, down 30.0% from the prior year.
- EBITDA Margin was 20.08% for Q2 2026 at ONE Gas, down from 22.8% in the prior quarter.
- Over five years, EBITDA Margin peaked at 22.8% in Q1 2026 and troughed at 12.66% in Q4 2022.
- A 5-year average of 17.32% and a median of 17.35% in 2024 frame the typical range for EBITDA Margin.
- Across the five-year window, EBITDA Margin sank 636 bps in 2022 and surged 502 bps in 2023, its largest moves.
- Over 5 years, EBITDA Margin stood at 12.66% in 2022, then jumped by 40 bps to 17.68% in 2023, then increased by 11 bps to 19.71% in 2024, then climbed by 3 bps to 20.27% in 2025, then decreased by 1 bps to 20.08% in 2026.
- The last three EBITDA Margin figures came in at 20.08% (Q2 2026), 22.8% (Q1 2026), and 20.27% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.05 Bn | 27.52 Bn | - | 36.45% |
| 2 | Nisource | 19.96 Bn | 19.89 Bn | 867.50 Mn | 16.99% |
| 3 | New Jersey Resources | 5.39 Bn | 5.35 Bn | 243.61 Mn | 9.13% |
| 4 | ONE Gas | 4.95 Bn | 4.92 Bn | 272.01 Mn | 20.08% |
| 5 | Rgc Resources | 220.42 Mn | 217.40 Mn | 11.98 Mn | 6.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.08% |
| Mar 31, 2026 | 22.80% |
| Dec 31, 2025 | 20.27% |
| Sep 30, 2025 | 17.25% |
| Jun 30, 2025 | 16.96% |
| Mar 31, 2025 | 19.30% |
| Dec 31, 2024 | 19.71% |
| Sep 30, 2024 | 17.46% |
| Jun 30, 2024 | 19.56% |
| Mar 31, 2024 | 19.23% |
| Dec 31, 2023 | 17.68% |
| Sep 30, 2023 | 17.03% |
| Jun 30, 2023 | 16.08% |
| Mar 31, 2023 | 14.46% |
| Dec 31, 2022 | 12.66% |
| Sep 30, 2022 | 13.09% |
| Jun 30, 2022 | 13.65% |
| Mar 31, 2022 | 14.49% |
| Dec 31, 2021 | 14.65% |
| Sep 30, 2021 | 15.26% |