ONE Gas (OGS) Tax Rate (2013 - 2026)

ONE Gas (OGS) reported Tax Rate of 17.06% for Q1 2026, down 76.0% year-over-year from 71.08% in Q1 2025, and down 2.55% quarter-over-quarter from 17.51% in Q4 2025.

ONE Gas (OGS) Tax Rate (2013 - 2026) Analysis & Trends

ONE Gas (OGS) has 14 years of Tax Rate data on file, last reported at 17.06% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 17.06%, down 76.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.45% (up 223.0% YoY), and the FY2025 annual result was 17.8%, up 377.0% from the prior year.
  • Tax Rate slipped to 17.06% in Q1 2026 per OGS's latest filing, from 17.51% in the prior quarter.
  • Over five years, Tax Rate peaked at 18.25% in Q1 2022 and troughed at 9.02% in Q4 2024.
  • A 5-year average of 16.22% and a median of 16.93% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 475 bps in 2024, then soared 849 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 16.93% in 2022, then slipped by 19 bps to 13.76% in 2023, then slumped by 34 bps to 9.02% in 2024, then soared by 94 bps to 17.51% in 2025, then declined by 3 bps to 17.06% in 2026.
  • Business Quant data shows OGS's Tax Rate at 17.06% in Q1 2026, 17.51% in Q4 2025, and 18.24% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Atmos Energy 28.34 Bn 28.21 Bn - 20.68%
2 Nisource 22.33 Bn 24.52 Bn 1.83 Bn 13.36%
3 Ugi 7.49 Bn 6.94 Bn 1.50 Bn 21.21%
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn 23.44%
5 Black Hills 5.49 Bn 5.46 Bn - 11.68%
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn 17.06%
7 Mdu Resources 4.39 Bn 4.33 Bn - 5.46%
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn 45.04%
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn 26.52%
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn -70.00%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.06%
Mar 31, 2026 17.06%
Dec 31, 2025 17.51%
Dec 31, 2025 17.51%
Sep 30, 2025 18.24%
Sep 30, 2025 18.24%
Jun 30, 2025 18.17%
Jun 30, 2025 18.17%
Mar 31, 2025 17.82%
Mar 31, 2025 17.82%
Dec 31, 2024 9.02%
Dec 31, 2024 9.02%
Sep 30, 2024 17.24%
Sep 30, 2024 17.24%
Jun 30, 2024 18.16%
Jun 30, 2024 18.16%
Mar 31, 2024 15.84%
Mar 31, 2024 15.84%
Dec 31, 2023 13.76%
Dec 31, 2023 13.76%