ONE Gas (OGS) Operating Income (2012 - 2026)
ONE Gas (OGS) posted quarterly Operating Income of $189.6 million for Q1 2026, up 5.04% year-over-year from $180.5 million in Q1 2025, and up 35.68% quarter-over-quarter from $139.7 million in Q4 2025.
ONE Gas (OGS) Operating Income (2012 - 2026) Analysis & Trends
ONE Gas (OGS) has reported Operating Income for 15 consecutive years, with $189.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Income rose 5.04% year-over-year to $189.6 million; the TTM figure through Mar 2026 stood at $466.6 million (up 7.62% YoY), while the FY2025 annual figure was $457.5 million, up 14.68% from the prior year.
- Operating Income climbed to $189.6 million in Q1 2026 per OGS's latest filing, from $139.7 million in the prior quarter.
- Across five years, Operating Income topped out at $189.6 million in Q1 2026 and bottomed at $47.1 million in Q3 2022.
- Historically, Operating Income has averaged $104.3 million across 5 years, with a median of $103.6 million in 2022.
- Annual changes were most pronounced in 2024 — Operating Income fell 2.26% — and 2025, when it rose 23.75%.
- ONE Gas' Operating Income stood at $103.6 million in 2022, then advanced by 3.43% to $107.1 million in 2023, then gained by 16.03% to $124.3 million in 2024, then climbed by 12.41% to $139.7 million in 2025, then soared by 35.68% to $189.6 million in 2026.
- Business Quant data shows OGS's Operating Income at $189.6 million in Q1 2026, $139.7 million in Q4 2025, and $65.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.88 Bn | 28.36 Bn | - | 320.41 Mn |
| 2 | Nisource | 20.05 Bn | 19.98 Bn | 867.50 Mn | 228.10 Mn |
| 3 | Ugi | 8.27 Bn | 7.80 Bn | 573.00 Mn | -44.00 Mn |
| 4 | New Jersey Resources | 5.61 Bn | 5.57 Bn | 243.61 Mn | 31.89 Mn |
| 5 | Black Hills | 5.58 Bn | 5.50 Bn | - | 97.00 Mn |
| 6 | ONE Gas | 5.13 Bn | 5.10 Bn | 272.01 Mn | 82.67 Mn |
| 7 | Mdu Resources | 4.31 Bn | 4.27 Bn | - | 47.95 Mn |
| 8 | Chesapeake Utilities | 3.31 Bn | 3.29 Bn | 150.20 Mn | 52.90 Mn |
| 9 | Centuri Holdings | 2.28 Bn | 2.24 Bn | 69.14 Mn | 24.15 Mn |
| 10 | Brookfield Infrastructure | 2.23 Bn | 1.47 Bn | 572.00 Mn | 550.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 82.67 Mn |
| Mar 31, 2026 | 189.59 Mn |
| Dec 31, 2025 | 139.73 Mn |
| Sep 30, 2025 | 65.38 Mn |
| Jun 30, 2025 | 71.86 Mn |
| Mar 31, 2025 | 180.50 Mn |
| Dec 31, 2024 | 124.31 Mn |
| Sep 30, 2024 | 59.45 Mn |
| Jun 30, 2024 | 69.28 Mn |
| Mar 31, 2024 | 145.86 Mn |
| Dec 31, 2023 | 107.14 Mn |
| Sep 30, 2023 | 57.20 Mn |
| Jun 30, 2023 | 64.02 Mn |
| Mar 31, 2023 | 149.23 Mn |
| Dec 31, 2022 | 103.58 Mn |
| Sep 30, 2022 | 47.05 Mn |
| Jun 30, 2022 | 58.57 Mn |
| Mar 31, 2022 | 140.76 Mn |
| Dec 31, 2021 | 87.00 Mn |
| Sep 30, 2021 | 41.81 Mn |