ONE Gas (OGS) Return on Capital Employed [ROCE] (2014 - 2026)
ONE Gas (OGS) posted Return on Capital Employed [ROCE] of 6.41% for Q2 2026, up 0.22 percentage points from 6.19% a year earlier and up 0.14 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).
- The Q2 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] since Q3 2023.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last six quarters, with an average year-over-year change of +0.12 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 6.27% (Q1 2026), 6.40% (Q4 2025) and 6.34% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | 34.35% |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 4.32% |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 5.08% |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 5.10% |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 4.97% |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 3.53% |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 4.60% |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 4.51% |
| 10 | ONE Gas | 4.56 Bn | 4.45 Bn | 321.35 Mn | 6.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 4.14% |
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();