ONE Gas (OGS) Tax Rate (2013 - 2026)
ONE Gas (OGS) posted quarterly Tax Rate of 17.06% for Q1 2026, down 76.0% YoY from 71.08% in Q1 2025, and down 2.55% sequentially from 17.51% in Q4 2025.
ONE Gas (OGS) Tax Rate (2013 - 2026) Analysis & Trends
ONE Gas has disclosed Tax Rate across 14 years of filings, most recently posting 17.06% for Q1 2026.
- In Q1 2026, Tax Rate fell 76.0% year-over-year to 17.06%; the TTM figure through Mar 2026 stood at 17.45% (up 223.0% YoY), while the FY2025 annual figure was 17.8%, up 377.0% from the prior year.
- Tax Rate declined to 17.06% in Q1 2026, from 17.51% in the prior quarter.
- Over the last five years, Tax Rate for OGS reached as high as 18.25% in Q1 2022 and fell as low as 9.02% in Q4 2024.
- The 5-year median for Tax Rate is 16.93% (2022), against an average of 16.22%.
- Annual changes were most pronounced in 2024 — Tax Rate sank 475 bps — and 2025, when it soared 849 bps.
- 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 plunged 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.
- According to Business Quant data, Tax Rate over the past three periods registered 17.06%, 17.51%, and 18.24% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | 20.68% |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 13.36% |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 21.21% |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 23.44% |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | 11.68% |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 17.06% |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | 5.46% |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 26.52% |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | 45.04% |
| 10 | Rgc Resources | 248.35 Mn | 244.36 Mn | 39.84 Mn | 22.58% |
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% |