ONE Gas (OGS) Invested Capital (2012 - 2026)
ONE Gas (OGS) posted quarterly Invested Capital of $5.9 billion for Q1 2026, up 5.59% YoY from $5.6 billion in Q1 2025, and up 1.21% sequentially from $5.8 billion in Q4 2025.
ONE Gas (OGS) Invested Capital (2012 - 2026) Analysis & Trends
ONE Gas has disclosed Invested Capital across 15 years of filings, most recently posting $5.9 billion for Q1 2026.
- In Q1 2026, Invested Capital rose 5.59% year-over-year to $5.9 billion; the TTM figure through Mar 2026 stood at $5.9 billion (up 5.59% YoY), while the FY2025 annual figure was $5.8 billion, up 5.58% from the prior year.
- Invested Capital advanced to $5.9 billion in Q1 2026, from $5.8 billion in the prior quarter.
- Over the last five years, Invested Capital for OGS reached as high as $5.9 billion in Q1 2026 and fell as low as $4.5 billion in Q3 2023.
- The 5-year median for Invested Capital is $5.0 billion (2024), against an average of $5.1 billion.
- Annual changes were most pronounced in 2022 — Invested Capital decreased 25.98% — and 2024, when it rose 15.26%.
- 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.
- According to Business Quant data, Invested Capital over the past three periods registered $5.9 billion, $5.8 billion, and $5.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | 24.53 Bn |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 27.39 Bn |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 6.24 Bn |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 5.93 Bn |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | 8.29 Bn |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 5.87 Bn |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | 5.50 Bn |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 2.98 Bn |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | 876.68 Mn |
| 10 | Rgc Resources | 248.35 Mn | 244.36 Mn | 39.84 Mn | 141.93 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 |