ONE Gas (OGS) EBT Margin (2017 - 2026)
ONE Gas (OGS) posted quarterly 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 reported EBT Margin for 10 consecutive years, with 18.65% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin rose 311.0% year-over-year to 18.65%; the TTM figure through Mar 2026 stood at 14.25% (up 158.0% YoY), while the FY2025 annual figure was 13.24%, up 80.0% from the prior year.
- EBT Margin improved to 18.65% in Q1 2026 per OGS's latest filing, from 15.18% in the prior quarter.
- Across five years, EBT Margin topped out at 18.65% in Q1 2026 and bottomed at 6.84% in Q3 2024.
- Historically, EBT Margin has averaged 11.49% across 5 years, with a median of 9.86% in 2022.
- Annual changes were most pronounced in 2022 — EBT Margin plunged 585 bps — and 2024, when it jumped 377 bps.
- ONE Gas' EBT Margin stood at 9.86% in 2022, then soared by 37 bps to 13.54% in 2023, then decreased by 1 bps to 13.42% in 2024, then advanced by 13 bps to 15.18% in 2025, then grew 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.00 Bn | 28.48 Bn | - | 34.50% |
| 2 | Nisource | 20.17 Bn | 20.10 Bn | 867.50 Mn | 3.51% |
| 3 | Ugi | 8.29 Bn | 7.82 Bn | 573.00 Mn | -12.10% |
| 4 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | 3.28% |
| 5 | Black Hills | 5.59 Bn | 5.51 Bn | - | 10.07% |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | 13.80% |
| 7 | Mdu Resources | 4.32 Bn | 4.28 Bn | - | 6.03% |
| 8 | Chesapeake Utilities | 3.30 Bn | 3.28 Bn | 150.20 Mn | 17.34% |
| 9 | Centuri Holdings | 2.24 Bn | 2.20 Bn | 69.14 Mn | 1.28% |
| 10 | Brookfield Infrastructure | 2.20 Bn | 1.44 Bn | 572.00 Mn | 15.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.80% |
| 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% |