ONE Gas (OGS) Invested Capital (2012 - 2026)
ONE Gas (OGS) reported Invested Capital of $5.9 billion for Q1 2026, up 5.59% year-over-year from $5.6 billion in Q1 2025, and up 1.21% quarter-over-quarter from $5.8 billion in Q4 2025.
ONE Gas (OGS) Invested Capital (2012 - 2026) Analysis & Trends
ONE Gas (OGS) has 15 years of Invested Capital data on file, last reported at $5.9 billion in Q1 2026.
- Invested Capital for Q1 2026 came in at $5.9 billion, up 5.59% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.9 billion (up 5.59% YoY), and the FY2025 annual result was $5.8 billion, up 5.58% from the prior year.
- Invested Capital rose to $5.9 billion in Q1 2026 per OGS's latest filing, from $5.8 billion in the prior quarter.
- Over five years, Invested Capital peaked at $5.9 billion in Q1 2026 and troughed at $4.5 billion in Q3 2023.
- A 5-year average of $5.1 billion and a median of $5.0 billion in 2024 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2022 and 2024: Invested Capital decreased 25.98% in 2022, then rose 15.26% in 2024.
- A 5-year view of Invested Capital shows it stood at $5.2 billion in 2022, then declined by 6.1% to $4.9 billion in 2023, then climbed by 11.44% to $5.5 billion in 2024, then advanced by 5.58% to $5.8 billion in 2025, then grew by 1.21% to $5.9 billion in 2026.
- Business Quant data shows OGS's Invested Capital at $5.9 billion in Q1 2026, $5.8 billion in Q4 2025, and $5.5 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | 24.53 Bn |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 27.39 Bn |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 6.24 Bn |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 5.93 Bn |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 8.29 Bn |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 5.87 Bn |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 5.50 Bn |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 876.68 Mn |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 2.98 Bn |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | 28.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.87 Bn |
| Dec 31, 2025 | 5.80 Bn |
| Sep 30, 2025 | 5.54 Bn |
| Jun 30, 2025 | 5.56 Bn |
| Mar 31, 2025 | 5.56 Bn |
| Dec 31, 2024 | 5.49 Bn |
| Sep 30, 2024 | 5.20 Bn |
| Jun 30, 2024 | 4.97 Bn |
| Mar 31, 2024 | 4.98 Bn |
| Dec 31, 2023 | 4.93 Bn |
| Sep 30, 2023 | 4.51 Bn |
| Jun 30, 2023 | 4.53 Bn |
| Mar 31, 2023 | 4.53 Bn |
| Dec 31, 2022 | 5.25 Bn |
| Sep 30, 2022 | 4.88 Bn |
| Jun 30, 2022 | 4.74 Bn |
| Mar 31, 2022 | 4.73 Bn |
| Dec 31, 2021 | 6.03 Bn |
| Sep 30, 2021 | 6.00 Bn |
| Jun 30, 2021 | 6.40 Bn |