ONE Gas (OGS) FCF Margin (2017 - 2026)
ONE Gas (OGS) reported FCF Margin of 2.38% for Q1 2026, down 948.0% year-over-year from 0.28% in Q1 2025, and up 113.14% quarter-over-quarter from 18.1% in Q4 2025.
ONE Gas (OGS) FCF Margin (2017 - 2026) Analysis & Trends
ONE Gas (OGS) has 10 years of FCF Margin data on file, last reported at 2.38% in Q1 2026.
- FCF Margin for Q1 2026 came in at 2.38%, down 948.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.44% (down 213.0% YoY), and the FY2025 annual result was 5.29%, up 1078.0% from the prior year.
- FCF Margin improved to 2.38% in Q1 2026 per OGS's latest filing, from 18.1% in the prior quarter.
- Over five years, FCF Margin peaked at 308.24% in Q3 2022 and troughed at 37.12% in Q3 2024.
- A 5-year average of 12.43% and a median of 7.71% in 2024 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2023: FCF Margin surged 34981 bps in 2022, then tumbled 33037 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 22.24% in 2022, then soared by 41 bps to 13.09% in 2023, then plunged by 42 bps to 18.54% in 2024, then advanced by 2 bps to 18.1% in 2025, then surged by 113 bps to 2.38% in 2026.
- Business Quant data shows OGS's FCF Margin at 2.38% in Q1 2026, 18.1% in Q4 2025, and 27.79% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | -14.27% |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | -15.63% |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 18.40% |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 60.95% |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 11.34% |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 2.38% |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 18.77% |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | -7.64% |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | -9.59% |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | 22.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | -41.58% |
| Jun 30, 2021 | -11.41% |