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
DateValue
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