ONE Gas (OGS) Equity Ratio (2012 - 2026)
ONE Gas (OGS) reported Equity Ratio of 0.4 for Q1 2026, up 4.45% year-over-year from 0.38 in Q1 2025, and up 2.81% quarter-over-quarter from 0.39 in Q4 2025.
ONE Gas (OGS) Equity Ratio (2012 - 2026) Analysis & Trends
ONE Gas (OGS) has 15 years of Equity Ratio data on file, last reported at 0.4 in Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.4, up 4.45% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.4 (up 4.45% YoY), and the FY2025 annual result was 0.39, up 5.46% from the prior year.
- Equity Ratio advanced to 0.4 in Q1 2026 per OGS's latest filing, from 0.39 in the prior quarter.
- Over five years, Equity Ratio peaked at 0.4 in Q1 2026 and troughed at 0.29 in Q1 2022.
- A 5-year average of 0.36 and a median of 0.36 in 2024 frame the typical range for Equity Ratio.
- The sharpest annual moves came in 2023 and 2024: Equity Ratio gained 24.08% in 2023, then fell 1.76% in 2024.
- A 5-year view of Equity Ratio shows it stood at 0.33 in 2022, then increased by 7.1% to 0.36 in 2023, then climbed by 3.52% to 0.37 in 2024, then climbed by 5.46% to 0.39 in 2025, then increased by 2.81% to 0.4 in 2026.
- Business Quant data shows OGS's Equity Ratio at 0.4 in Q1 2026, 0.39 in Q4 2025, and 0.37 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | 0.49 |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 0.33 |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 0.34 |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 0.33 |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 0.37 |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 0.40 |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 0.38 |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 0.37 |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 0.40 |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.39 |
| Sep 30, 2025 | 0.37 |
| Jun 30, 2025 | 0.38 |
| Mar 31, 2025 | 0.38 |
| Dec 31, 2024 | 0.37 |
| Sep 30, 2024 | 0.35 |
| Jun 30, 2024 | 0.36 |
| Mar 31, 2024 | 0.36 |
| Dec 31, 2023 | 0.36 |
| Sep 30, 2023 | 0.36 |
| Jun 30, 2023 | 0.36 |
| Mar 31, 2023 | 0.36 |
| Dec 31, 2022 | 0.33 |
| Sep 30, 2022 | 0.33 |
| Jun 30, 2022 | 0.29 |
| Mar 31, 2022 | 0.29 |
| Dec 31, 2021 | 0.28 |
| Sep 30, 2021 | 0.28 |
| Jun 30, 2021 | 0.28 |