ONE Gas OGS
NYSE OGS
$78.60 -2.15 (-2.67%)
As of: Sep 9, 2026 · 3:47 PM EDT

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

ONE Gas' (OGS) quarterly Net Margin came in at 11.37% in Q2 2026, up 381.0% year-over-year from 2.36% in Q2 2025, and down 26.5% quarter-over-quarter from 15.47% in Q1 2026.

Analysis

ONE Gas (OGS) Net Margin (2017 - 2026) Analysis & Trends

ONE Gas (OGS) has reported Net Margin for 10 consecutive years, with 11.37% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Margin rose 381.0% year-over-year to 11.37% in Q2 2026; TTM through Jun 2026 was 12.47%, a 184.0% increase from a year earlier, with the FY2025 full-year figure at 10.88%, up 19.0% from the prior year.
  • Net Margin was 11.37% for Q2 2026 at ONE Gas, down from 15.47% in the prior quarter.
  • Over five years, Net Margin peaked at 15.47% in Q1 2026 and troughed at 5.66% in Q3 2024.
  • A 5-year average of 9.73% and a median of 9.08% in 2023 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin slumped 510 bps in 2022 and soared 381 bps in 2026, its largest moves.
  • Over 5 years, Net Margin stood at 8.19% in 2022, then jumped by 42 bps to 11.67% in 2023, then increased by 5 bps to 12.21% in 2024, then increased by 3 bps to 12.52% in 2025, then slipped by 9 bps to 11.37% in 2026.
  • The last three Net Margin figures came in at 11.37% (Q2 2026), 15.47% (Q1 2026), and 12.52% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Atmos Energy 28.05 Bn 27.52 Bn - 27.61%
2 Nisource 19.96 Bn 19.89 Bn 867.50 Mn 3.39%
3 New Jersey Resources 5.39 Bn 5.35 Bn 243.61 Mn 2.32%
4 ONE Gas 4.95 Bn 4.92 Bn 272.01 Mn 11.37%
5 Rgc Resources 220.42 Mn 217.40 Mn 11.98 Mn 3.27%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 11.37%
Mar 31, 2026 15.47%
Dec 31, 2025 12.52%
Sep 30, 2025 6.98%
Jun 30, 2025 7.56%
Mar 31, 2025 12.77%
Dec 31, 2024 12.21%
Sep 30, 2024 5.66%
Jun 30, 2024 7.69%
Mar 31, 2024 13.10%
Dec 31, 2023 11.67%
Sep 30, 2023 7.50%
Jun 30, 2023 8.21%
Mar 31, 2023 9.94%
Dec 31, 2022 8.19%
Sep 30, 2022 6.60%
Jun 30, 2022 7.48%
Mar 31, 2022 10.18%
Dec 31, 2021 10.19%
Sep 30, 2021 7.39%