ONE Gas (OGS) FCF Margin (2017 - 2026)
ONE Gas (OGS) recorded FCF Margin of -23.50% in Q3 2026, up 4.29 percentage points from -27.79% a year earlier but down 32.62 percentage points from the prior quarter.
ONE Gas (OGS) FCF Margin (2017 - 2026) Analysis & Trends
On a TTM basis, ONE Gas' FCF Margin came in at -6.86% as of Sep 30, 2026, down 1.77 percentage points year-over-year; for FY2025, it came in at -5.29%, up 10.78 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +1.69 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at -16.07% in FY2024 (-27.57 pp), 11.51% in FY2023 (-25.79 pp), 37.29% in FY2022 (+149.58 pp) and -112.29% in FY2021 (-105.31 pp).
- Quarterly FCF Margin has ranged from -37.12% in Q3 2024 to 308.24% in Q3 2022 over the past five years.
- On a year-over-year basis, FCF Margin rose in six of the last eight quarters, with an average year-over-year change of +4.64 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 349.81 percentage points in Q3 2022, against a drop of 330.37 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.11% (Q2 2026), 2.38% (Q1 2026) and -18.10% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | -16.82% |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | - |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 32.94% |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 0.44% |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 268.27% |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | -32.70% |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | -10.94% |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 425.48% |
| 10 | ONE Gas | 5.17 Bn | 5.07 Bn | 317.49 Mn | -23.50% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -23.50% |
| Jun 30, 2026 | 9.11% |
| Mar 31, 2026 | 2.38% |
| Dec 31, 2025 | -18.10% |
| Sep 30, 2025 | -27.79% |
| Jun 30, 2025 | -2.15% |
| Mar 31, 2025 | 11.85% |
| Dec 31, 2024 | -18.54% |
| Sep 30, 2024 | -37.12% |
| Jun 30, 2024 | -9.31% |
| Mar 31, 2024 | -7.71% |
| Dec 31, 2023 | -13.09% |
| Sep 30, 2023 | -22.13% |
| Jun 30, 2023 | 27.25% |
| Mar 31, 2023 | 30.81% |
| Dec 31, 2022 | -22.24% |
| Sep 30, 2022 | 308.24% |
| Jun 30, 2022 | 9.62% |
| Mar 31, 2022 | -0.58% |
| Dec 31, 2021 | -20.65% |
ONE Gas FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=OGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "OGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=OGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();