ONE Gas (OGS) Tax Rate (2013 - 2026)
ONE Gas (OGS) posted quarterly 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 reported Tax Rate for 14 consecutive years, with 17.06% the latest figure, recorded in 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 fell to 17.06% in Q1 2026 per OGS's latest filing, from 17.51% in the prior quarter.
- Across five years, Tax Rate topped out at 18.25% in Q1 2022 and bottomed at 9.02% in Q4 2024.
- Historically, Tax Rate has averaged 16.22% across 5 years, with a median of 16.93% in 2022.
- Annual changes were most pronounced in 2024 — Tax Rate tumbled 475 bps — and 2025, when it soared 849 bps.
- ONE Gas' Tax Rate stood at 16.93% in 2022, then dropped by 19 bps to 13.76% in 2023, then tumbled by 34 bps to 9.02% in 2024, then jumped by 94 bps to 17.51% in 2025, then fell 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.88 Bn | 28.36 Bn | - | 19.98% |
| 2 | Nisource | 20.05 Bn | 19.98 Bn | 867.50 Mn | 21.66% |
| 3 | Ugi | 8.27 Bn | 7.80 Bn | 573.00 Mn | 17.39% |
| 4 | New Jersey Resources | 5.61 Bn | 5.57 Bn | 243.61 Mn | 29.25% |
| 5 | Black Hills | 5.58 Bn | 5.50 Bn | - | 11.40% |
| 6 | ONE Gas | 5.13 Bn | 5.10 Bn | 272.01 Mn | 17.58% |
| 7 | Mdu Resources | 4.31 Bn | 4.27 Bn | - | 14.81% |
| 8 | Chesapeake Utilities | 3.31 Bn | 3.29 Bn | 150.20 Mn | 27.43% |
| 9 | Centuri Holdings | 2.28 Bn | 2.24 Bn | 69.14 Mn | 50.03% |
| 10 | Brookfield Infrastructure | 2.23 Bn | 1.47 Bn | 572.00 Mn | -55.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.58% |
| Jun 30, 2026 | 17.58% |
| Jun 30, 2026 | 17.58% |
| Mar 31, 2026 | 17.06% |
| Mar 31, 2026 | 17.06% |
| Mar 31, 2026 | 17.06% |
| Dec 31, 2025 | 17.51% |
| Dec 31, 2025 | 17.51% |
| Dec 31, 2025 | 17.51% |
| Sep 30, 2025 | 18.24% |
| Sep 30, 2025 | 18.24% |
| Sep 30, 2025 | 18.24% |
| Jun 30, 2025 | 18.17% |
| Jun 30, 2025 | 18.17% |
| Jun 30, 2025 | 18.17% |
| Mar 31, 2025 | 17.82% |
| Mar 31, 2025 | 17.82% |
| Mar 31, 2025 | 17.82% |
| Dec 31, 2024 | 9.02% |
| Dec 31, 2024 | 9.02% |