ONE Gas (OGS) EBT Margin (2017 - 2026)
ONE Gas (OGS) reported EBT Margin of 18.65% for Q1 2026, up 311.0% year-over-year from 4.54% in Q1 2025, and up 22.91% quarter-over-quarter from 15.18% in Q4 2025.
ONE Gas (OGS) EBT Margin (2017 - 2026) Analysis & Trends
ONE Gas (OGS) has 10 years of EBT Margin data on file, last reported at 18.65% in Q1 2026.
- EBT Margin for Q1 2026 came in at 18.65%, up 311.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.25% (up 158.0% YoY), and the FY2025 annual result was 13.24%, up 80.0% from the prior year.
- EBT Margin grew to 18.65% in Q1 2026 per OGS's latest filing, from 15.18% in the prior quarter.
- Over five years, EBT Margin peaked at 18.65% in Q1 2026 and troughed at 6.84% in Q3 2024.
- A 5-year average of 11.49% and a median of 9.86% in 2022 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2022 and 2024: EBT Margin plunged 585 bps in 2022, then jumped 377 bps in 2024.
- A 5-year view of EBT Margin shows it stood at 9.86% in 2022, then surged by 37 bps to 13.54% in 2023, then retreated by 1 bps to 13.42% in 2024, then gained by 13 bps to 15.18% in 2025, then climbed by 23 bps to 18.65% in 2026.
- Business Quant data shows OGS's EBT Margin at 18.65% in Q1 2026, 15.18% in Q4 2025, and 8.54% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | 37.38% |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 27.65% |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 24.58% |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 30.06% |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 19.30% |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 18.65% |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 14.13% |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | -2.39% |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 32.37% |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | 13.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.65% |
| Dec 31, 2025 | 15.18% |
| Sep 30, 2025 | 8.54% |
| Jun 30, 2025 | 9.24% |
| Mar 31, 2025 | 15.54% |
| Dec 31, 2024 | 13.42% |
| Sep 30, 2024 | 6.84% |
| Jun 30, 2024 | 9.40% |
| Mar 31, 2024 | 15.56% |
| Dec 31, 2023 | 13.54% |
| Sep 30, 2023 | 8.72% |
| Jun 30, 2023 | 9.72% |
| Mar 31, 2023 | 11.79% |
| Dec 31, 2022 | 9.86% |
| Sep 30, 2022 | 7.87% |
| Jun 30, 2022 | 8.92% |
| Mar 31, 2022 | 12.46% |
| Dec 31, 2021 | 11.97% |
| Sep 30, 2021 | 8.98% |
| Jun 30, 2021 | 11.58% |