ONE Gas (OGS) Regulatory Assets (2012 - 2026)
ONE Gas (OGS) reported Regulatory Assets of $384.37 million for Q3 2026, up 16.1% from $331.2 million a year earlier and up 15.1% from the prior quarter.
ONE Gas (OGS) Regulatory Assets (2012 - 2026) Analysis & Trends
At the end of FY2025, ONE Gas posted Regulatory Assets of $305.73 million, down 19.4% from FY2024.
- Regulatory Assets has a five-year compound annual growth rate of -3.6% (FY2020 to FY2025).
- By year, Regulatory Assets came in at $379.22 million in FY2024 (+4.4%), $363.21 million in FY2023 (-40.1%), $606.4 million in FY2022 (-16.3%) and $724.86 million in FY2021 (+97.5%).
- The Q3 2026 figure ranks as the highest quarterly Regulatory Assets since Q3 2024.
- Year over year, Regulatory Assets has now increased in each of the last three quarters, with an average decline of 5.7% over the last eight quarters.
- The high point for year-over-year Regulatory Assets in five years was Q4 2021 (growth of 97.5%); the low point was Q2 2023 (a decline of 83.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $334.07 million (Q2 2026), $313.54 million (Q1 2026) and $305.73 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Regulatory Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 2.96 Bn |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | - |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 7.23 Bn |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 696.00 Mn |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 2.56 Bn |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 4.97 Bn |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 4.88 Bn |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 589.00 Mn |
| 10 | ONE Gas | 5.17 Bn | 5.07 Bn | 317.49 Mn | 384.37 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 384.37 Mn |
| Jun 30, 2026 | 334.07 Mn |
| Mar 31, 2026 | 313.54 Mn |
| Dec 31, 2025 | 305.73 Mn |
| Sep 30, 2025 | 331.20 Mn |
| Jun 30, 2025 | 310.09 Mn |
| Mar 31, 2025 | 305.12 Mn |
| Dec 31, 2024 | 379.22 Mn |
| Sep 30, 2024 | 400.78 Mn |
| Jun 30, 2024 | 390.16 Mn |
| Mar 31, 2024 | 378.54 Mn |
| Dec 31, 2023 | 363.21 Mn |
| Sep 30, 2023 | 366.33 Mn |
| Jun 30, 2023 | 369.53 Mn |
| Mar 31, 2023 | 375.16 Mn |
| Dec 31, 2022 | 606.40 Mn |
| Sep 30, 2022 | 940.62 Mn |
| Jun 30, 2022 | 2.25 Bn |
| Mar 31, 2022 | 2.25 Bn |
| Dec 31, 2021 | 724.86 Mn |
ONE Gas Regulatory Assets 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=regulatory-assets&ticker=OGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "regulatory-assets", "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=regulatory-assets&ticker=OGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();