ONE Gas (OGS) Interest Coverage Ratio (2013 - 2026)
ONE Gas (OGS) posted quarterly Interest Coverage Ratio of 5.86 for Q1 2026, up 15.88% YoY from 5.06 in Q1 2025, and up 52.88% sequentially from 3.83 in Q4 2025.
ONE Gas (OGS) Interest Coverage Ratio (2013 - 2026) Analysis & Trends
ONE Gas has disclosed Interest Coverage Ratio across 14 years of filings, most recently posting 5.86 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 15.88% year-over-year to 5.86; the TTM figure through Mar 2026 stood at 3.35 (up 16.96% YoY), while the FY2025 annual figure was 3.2, up 18.24% from the prior year.
- Interest Coverage Ratio improved to 5.86 in Q1 2026, from 3.83 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for OGS reached as high as 9.03 in Q1 2022 and fell as low as 1.52 in Q3 2024.
- The 5-year median for Interest Coverage Ratio is 3.59 (2022), against an average of 3.63.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio slumped 45.1% — and 2025, when it increased 22.58%.
- A 5-year view of Interest Coverage Ratio shows it stood at 3.98 in 2022, then retreated by 9.55% to 3.6 in 2023, then dropped by 13.1% to 3.13 in 2024, then gained by 22.58% to 3.83 in 2025, then surged by 52.88% to 5.86 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 5.86, 3.83, and 1.85 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | 15.69 |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 4.28 |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 6.83 |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 8.61 |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | 3.89 |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 5.86 |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | 3.54 |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 5.32 |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | - |
| 10 | Rgc Resources | 248.35 Mn | 244.36 Mn | 39.84 Mn | 7.12 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.86 |
| Dec 31, 2025 | 3.83 |
| Sep 30, 2025 | 1.85 |
| Jun 30, 2025 | 2.04 |
| Mar 31, 2025 | 5.06 |
| Dec 31, 2024 | 3.13 |
| Sep 30, 2024 | 1.52 |
| Jun 30, 2024 | 1.87 |
| Mar 31, 2024 | 4.65 |
| Dec 31, 2023 | 3.60 |
| Sep 30, 2023 | 2.05 |
| Jun 30, 2023 | 2.33 |
| Mar 31, 2023 | 4.96 |
| Dec 31, 2022 | 3.98 |
| Sep 30, 2022 | 2.41 |
| Jun 30, 2022 | 3.59 |
| Mar 31, 2022 | 9.03 |
| Dec 31, 2021 | 6.01 |
| Sep 30, 2021 | 2.72 |
| Jun 30, 2021 | 3.41 |