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

ONE Gas (OGS) has reported Gross Margin for 10 consecutive years, with 66.08% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin fell 301.0% year-over-year to 66.08% in Q2 2026; TTM through Jun 2026 was 58.38%, a 292.0% increase from a year earlier, with the FY2025 full-year figure at 58.85%, down 380.0% from the prior year.
• Gross Margin was 66.08% for Q2 2026 at ONE Gas, up from 52.68% in the prior quarter.
• Over five years, Gross Margin peaked at 69.09% in Q2 2025 and troughed at 34.13% in Q1 2022.
• A 5-year average of 55.85% and a median of 57.92% in 2025 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin tumbled 1565 bps in 2022 and surged 1752 bps in 2023, its largest moves.
• Over 5 years, Gross Margin stood at 38.32% in 2022, then jumped by 46 bps to 55.84% in 2023, then rose by 4 bps to 58.18% in 2024, then slipped by 1 bps to 57.66% in 2025, then grew by 15 bps to 66.08% in 2026.
• The last three Gross Margin figures came in at 66.08% (Q2 2026), 52.68% (Q1 2026), and 57.66% (Q4 2025), per Business Quant data.