Growth Metrics

ONE Gas (OGS) Gross Margin (2017 - 2026)

ONE Gas has reported Gross Margin over the past 9 years, most recently at 121.54% for Q4 2025.

  • Quarterly Gross Margin rose 6336.0% to 121.54% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 76.99% through Dec 2025, up 473.0% year-over-year, with the annual reading at 76.99% for FY2025, 1435.0% up from the prior year.
  • Gross Margin was 121.54% for Q4 2025 at ONE Gas, up from 79.79% in the prior quarter.
  • Over five years, Gross Margin peaked at 121.54% in Q4 2025 and troughed at 36.83% in Q4 2022.
  • The 5-year median for Gross Margin is 69.32% (2021), against an average of 65.33%.
  • Year-over-year, Gross Margin plummeted -8499bps in 2022 and then surged 11348bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 48.15% in 2021, then tumbled by -176bps to 36.83% in 2022, then skyrocketed by 308bps to 76.65% in 2023, then decreased by -24bps to 58.18% in 2024, then surged by 109bps to 121.54% in 2025.
  • Per Business Quant, the three most recent readings for OGS's Gross Margin are 121.54% (Q4 2025), 79.79% (Q3 2025), and 72.17% (Q2 2025).