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
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%