ONE Gas (OGS) Return on Capital Employed [ROCE] (2014 - 2026)
ONE Gas (OGS) posted Return on Capital Employed [ROCE] of 6.35% for Q3 2026, up 0.02 percentage points from 6.34% a year earlier but down 0.06 percentage points from the prior quarter.
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Analysis
ONE Gas (OGS) Return on Capital Employed [ROCE] (2014 - 2026) Analysis & Trends
For FY2025, ONE Gas' Return on Capital Employed [ROCE] came in at 6.44%, up 0.43 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has increased for four consecutive years, with a five-year change of +0.45 percentage points (FY2020 to FY2025).
- In prior years, ONE Gas' Return on Capital Employed [ROCE] was 6.01% in FY2024 (+0.01 pp), 6.00% in FY2023 (+0.92 pp), 5.07% in FY2022 (+0.10 pp) and 4.98% in FY2021 (-1.01 pp).
- Quarterly Return on Capital Employed [ROCE] has run from a low of 4.26% in Q4 2021 to a high of 6.44% in Q3 2023 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last seven quarters, with an average year-over-year change of +0.20 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q2 2022, with a gain of 1.56 percentage points; the weakest was Q4 2021, with a drop of 1.69 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 6.41% (Q2 2026), 6.27% (Q1 2026) and 6.40% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Wisconsin Electric Power | 99,216.00 Bn | 99,215.99 Bn | 911.30 Mn | 6.20% |
| 2 | Enel Chile | 301.57 Bn | 301.57 Bn | 1.33 Bn | 35.28% |
| 3 | Nextera Energy | 180.93 Bn | 179.04 Bn | - | 4.25% |
| 4 | Southern | 109.04 Bn | 101.70 Bn | 7.31 Bn | 5.18% |
| 5 | Duke Energy | 100.59 Bn | 99.24 Bn | 6.37 Bn | 5.27% |
| 6 | National Grid | 86.94 Bn | 59.27 Bn | - | - |
| 7 | American Electric Power | 69.61 Bn | 68.67 Bn | 4.75 Bn | 5.11% |
| 8 | Entergy | 53.37 Bn | 42.94 Bn | - | 4.74% |
| 9 | Sempra | 51.29 Bn | 84.11 Bn | - | 5.25% |
| 10 | ONE Gas | 5.17 Bn | 5.07 Bn | 317.49 Mn | 6.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.35% |
| Jun 30, 2026 | 6.41% |
| Mar 31, 2026 | 6.27% |
| Dec 31, 2025 | 6.40% |
| Sep 30, 2025 | 6.34% |
| Jun 30, 2025 | 6.19% |
| Mar 31, 2025 | 6.11% |
| Dec 31, 2024 | 5.89% |
| Sep 30, 2024 | 5.83% |
| Jun 30, 2024 | 5.99% |
| Mar 31, 2024 | 5.88% |
| Dec 31, 2023 | 6.17% |
| Sep 30, 2023 | 6.44% |
| Jun 30, 2023 | 6.14% |
| Mar 31, 2023 | 5.92% |
| Dec 31, 2022 | 5.50% |
| Sep 30, 2022 | 4.93% |
| Jun 30, 2022 | 5.37% |
| Mar 31, 2022 | 5.29% |
| Dec 31, 2021 | 4.26% |
API Access
ONE Gas Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=OGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=OGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();