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| Date | Value |
|---|---|
| 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% |