ONE Gas (OGS) Total Debt (2012 - 2026)
ONE Gas (OGS) posted quarterly Total Debt of $2.6 billion for Q1 2026, up 7.91% year-over-year from $2.4 billion in Q1 2025, and down 10.25% quarter-over-quarter from $2.9 billion in Q4 2025.
ONE Gas (OGS) Total Debt (2012 - 2026) Analysis & Trends
ONE Gas (OGS) has reported Total Debt for 15 consecutive years, with $2.6 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Total Debt rose 7.91% year-over-year to $2.6 billion; the TTM figure through Mar 2026 stood at $2.6 billion (up 7.91% YoY), while the FY2025 annual figure was $2.9 billion, up 20.99% from the prior year.
- Total Debt fell to $2.6 billion in Q1 2026 per OGS's latest filing, from $2.9 billion in the prior quarter.
- Across five years, Total Debt topped out at $5.1 billion in Q1 2022 and bottomed at $1.9 billion in Q1 2024.
- Historically, Total Debt has averaged $2.7 billion across 5 years, with a median of $2.4 billion in 2025.
- Annual changes were most pronounced in 2023 — Total Debt sank 48.07% — and 2025, when it gained 27.79%.
- ONE Gas' Total Debt stood at $2.4 billion in 2022, then increased by 12.69% to $2.7 billion in 2023, then slipped by 10.02% to $2.4 billion in 2024, then grew by 20.99% to $2.9 billion in 2025, then declined by 10.25% to $2.6 billion in 2026.
- Business Quant data shows OGS's Total Debt at $2.6 billion in Q1 2026, $2.9 billion in Q4 2025, and $2.4 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.01 Bn | 28.49 Bn | - | 10.25 Bn |
| 2 | Nisource | 20.22 Bn | 20.15 Bn | 867.50 Mn | 16.71 Bn |
| 3 | Ugi | 8.25 Bn | 7.77 Bn | 573.00 Mn | 6.71 Bn |
| 4 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | 3.48 Bn |
| 5 | Black Hills | 5.58 Bn | 5.50 Bn | - | 4.40 Bn |
| 6 | ONE Gas | 5.16 Bn | 5.12 Bn | 272.01 Mn | 2.87 Bn |
| 7 | Mdu Resources | 4.33 Bn | 4.28 Bn | - | 2.58 Bn |
| 8 | Chesapeake Utilities | 3.30 Bn | 3.28 Bn | 150.20 Mn | 1.74 Bn |
| 9 | Centuri Holdings | 2.24 Bn | 2.20 Bn | 69.14 Mn | 717.74 Mn |
| 10 | Brookfield Infrastructure | 2.20 Bn | 1.43 Bn | 572.00 Mn | 28.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.87 Bn |
| Mar 31, 2026 | 2.59 Bn |
| Dec 31, 2025 | 2.89 Bn |
| Sep 30, 2025 | 2.38 Bn |
| Jun 30, 2025 | 2.37 Bn |
| Mar 31, 2025 | 2.40 Bn |
| Dec 31, 2024 | 2.39 Bn |
| Sep 30, 2024 | 2.38 Bn |
| Jun 30, 2024 | 1.88 Bn |
| Mar 31, 2024 | 1.88 Bn |
| Dec 31, 2023 | 2.65 Bn |
| Sep 30, 2023 | 2.64 Bn |
| Jun 30, 2023 | 2.35 Bn |
| Mar 31, 2023 | 2.65 Bn |
| Dec 31, 2022 | 2.35 Bn |
| Sep 30, 2022 | 2.95 Bn |
| Jun 30, 2022 | 3.68 Bn |
| Mar 31, 2022 | 5.10 Bn |
| Dec 31, 2021 | 3.68 Bn |
| Sep 30, 2021 | 3.68 Bn |