ONE Gas (OGS) Operations and Maintenance (2013 - 2026)
ONE Gas (OGS) reported Operations and Maintenance of $137.1 million for Q3 2026, down 0.1% from $137.2 million a year earlier and down 1.8% from the prior quarter.
ONE Gas (OGS) Operations and Maintenance (2013 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, ONE Gas' Operations and Maintenance came in at $578.7 million, up 5.5% year-over-year; for FY2025, it was $558.5 million, up 5.3% from FY2024.
- Operations and Maintenance has increased for nine consecutive years, with a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- By year, Operations and Maintenance came in at $530.26 million in FY2024 (+4.3%), $508.4 million in FY2023 (+7.7%), $472.27 million in FY2022 (+5.0%) and $449.68 million in FY2021 (+4.3%).
- The Q3 2026 figure ranks as the lowest quarterly Operations and Maintenance since Q2 2025.
- Year over year, Operations and Maintenance gained in seven of the last eight quarters, with growth averaging 4.9%.
- The high point for year-over-year Operations and Maintenance in five years was Q1 2023 (growth of 10.1%); the low point was Q3 2026 (a decline of 0.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $139.63 million (Q2 2026), $146.95 million (Q1 2026) and $155.02 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | O&M (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | - |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | - |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 1.43 Bn |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 1.85 Bn |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 1.37 Bn |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 35.25 Bn |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 832.88 Mn |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | -1.22 Bn |
| 10 | ONE Gas | 5.17 Bn | 5.07 Bn | 317.49 Mn | 137.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 137.10 Mn |
| Jun 30, 2026 | 139.63 Mn |
| Mar 31, 2026 | 146.95 Mn |
| Dec 31, 2025 | 155.02 Mn |
| Sep 30, 2025 | 137.20 Mn |
| Jun 30, 2025 | 130.99 Mn |
| Mar 31, 2025 | 135.30 Mn |
| Dec 31, 2024 | 144.85 Mn |
| Sep 30, 2024 | 130.74 Mn |
| Jun 30, 2024 | 121.88 Mn |
| Mar 31, 2024 | 132.78 Mn |
| Dec 31, 2023 | 141.48 Mn |
| Sep 30, 2023 | 121.62 Mn |
| Jun 30, 2023 | 118.61 Mn |
| Mar 31, 2023 | 126.68 Mn |
| Dec 31, 2022 | 132.76 Mn |
| Sep 30, 2022 | 113.83 Mn |
| Jun 30, 2022 | 110.58 Mn |
| Mar 31, 2022 | 115.10 Mn |
| Dec 31, 2021 | 129.52 Mn |
ONE Gas Operations and Maintenance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operations-and-maintenance&ticker=OGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operations-and-maintenance", "ticker": "OGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operations-and-maintenance&ticker=OGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();