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

ONE Gas has disclosed Gross Margin across 10 years of filings, most recently posting 52.68% for Q1 2026.

• In Q1 2026, Gross Margin rose 748.0% year-over-year to 52.68%; the TTM figure through Mar 2026 stood at 77.92% (up 710.0% YoY), while the FY2025 annual figure was 76.99%, up 244.0% from the prior year.
• Gross Margin declined to 52.68% in Q1 2026, from 121.54% in the prior quarter.
• Over the last five years, Gross Margin for OGS reached as high as 159.17% in Q4 2023 and fell as low as 36.83% in Q4 2022.
• The 5-year median for Gross Margin is 67.29% (2023), against an average of 68.41%.
• Annual changes were most pronounced in 2023 — Gross Margin soared 19601 bps — and 2024, when it slumped 6166 bps.
• A 5-year view of Gross Margin shows it stood at 36.83% in 2022, then soared by 532 bps to 159.17% in 2023, then slumped by 39 bps to 97.52% in 2024, then gained by 25 bps to 121.54% in 2025, then slumped by 57 bps to 52.68% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 52.68%, 121.54%, and 63.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.