ONE Gas (OGS) Return on Capital Employed (2014 - 2026)

ONE Gas has disclosed Return on Capital Employed across 13 years of filings, most recently posting 6.27% for Q1 2026.

• In Q1 2026, Return on Capital Employed rose 17.0% year-over-year to 6.27%; the TTM figure through Mar 2026 stood at 6.27% (up 17.0% YoY), while the FY2025 annual figure was 6.44%, up 43.0% from the prior year.
• Return on Capital Employed fell to 6.27% in Q1 2026, from 6.4% in the prior quarter.
• Over the last five years, Return on Capital Employed for OGS reached as high as 6.44% in Q3 2023 and fell as low as 4.93% in Q3 2022.
• The 5-year median for Return on Capital Employed is 5.99% (2024), against an average of 5.92%.
• Annual changes were most pronounced in 2022 — Return on Capital Employed surged 156 bps — and 2024, when it slumped 60 bps.
• A 5-year view of Return on Capital Employed shows it stood at 5.5% in 2022, then grew by 12 bps to 6.17% in 2023, then dropped by 4 bps to 5.89% in 2024, then advanced by 9 bps to 6.4% in 2025, then fell by 2 bps to 6.27% in 2026.
• According to Business Quant data, Return on Capital Employed over the past three periods registered 6.27%, 6.4%, and 6.34% for Q1 2026, Q4 2025, and Q3 2025 respectively.