ONE Gas (OGS) Regulatory Liabilities (2017 - 2026)
ONE Gas (OGS) recorded Regulatory Liabilities of $431.16 million in Q3 2026, down 6.6% from $461.74 million a year earlier and down 0.5% from the prior quarter.
Powered by 
Analysis
ONE Gas (OGS) Regulatory Liabilities (2017 - 2026) Analysis & Trends
At the end of FY2025, ONE Gas reported Regulatory Liabilities of $451.62 million, down 3.4% from FY2024.
- Annual Regulatory Liabilities has declined for four straight years, with a five-year compound annual growth rate of -3.8% (FY2020 to FY2025).
- Across earlier years, Regulatory Liabilities came in at $467.56 million in FY2024 (-6.6%), $500.48 million in FY2023 (-5.5%), $529.44 million in FY2022 (-4.2%) and $552.93 million in FY2021 (+1.0%).
- The Q3 2026 figure is the lowest quarterly Regulatory Liabilities in data going back to Q4 2017.
- On a year-over-year basis, Regulatory Liabilities has declined for 18 consecutive quarters, with an average decline of 5.2% over the last eight quarters.
- Peak year-over-year performance for Regulatory Liabilities in the last five years was growth of 1.0% in Q1 2022, against a decline of 6.6% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $433.14 million (Q2 2026), $441.04 million (Q1 2026) and $451.62 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Regulatory Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 1.87 Bn |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | - |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 13.32 Bn |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 5.47 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 | 8.75 Bn |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 3.90 Bn |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 29.00 Mn |
| 10 | ONE Gas | 5.17 Bn | 5.07 Bn | 317.49 Mn | 431.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 431.16 Mn |
| Jun 30, 2026 | 433.14 Mn |
| Mar 31, 2026 | 441.04 Mn |
| Dec 31, 2025 | 451.62 Mn |
| Sep 30, 2025 | 461.74 Mn |
| Jun 30, 2025 | 454.46 Mn |
| Mar 31, 2025 | 457.13 Mn |
| Dec 31, 2024 | 467.56 Mn |
| Sep 30, 2024 | 483.29 Mn |
| Jun 30, 2024 | 485.17 Mn |
| Mar 31, 2024 | 487.48 Mn |
| Dec 31, 2023 | 500.48 Mn |
| Sep 30, 2023 | 509.44 Mn |
| Jun 30, 2023 | 512.63 Mn |
| Mar 31, 2023 | 516.63 Mn |
| Dec 31, 2022 | 529.44 Mn |
| Sep 30, 2022 | 536.61 Mn |
| Jun 30, 2022 | 538.72 Mn |
| Mar 31, 2022 | 542.62 Mn |
| Dec 31, 2021 | 552.93 Mn |
API Access
ONE Gas Regulatory Liabilities 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-liabilities&ticker=OGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "regulatory-liabilities", "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-liabilities&ticker=OGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();