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ONE GAS OGS Approved Debt to Capital Ratio

Approved Debt to Capital Ratio at other companies

PPG Industries logo
PPG IndustriesPPG
60%
Rayonier logo
RayonierRYN
35%+6.0pp
Ball Corporation logo
Ball CorporationBALL
0.4×0.0×
Northrop Grumman logo
Northrop GrummanNOC
0.3×0.0×
Agilent Technologies logo
Agilent TechnologiesA
0.3×0.0×
Akamai Technologies logo
Akamai TechnologiesAKAM
0.2×0.0×

Other financials

Income statement

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Revenue$644.5M+42.5%
Gross profit$279.7M+8.3%
Operating income$189.6M+5.0%
Net income$128.7M+7.7%
EPS (diluted)$2.04+3.0%

Balance sheet

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Cash & equivalents$23.0M-18.4%
Total debt$2.4B+11.5%
Total equity$3.5B+10.7%
Total assets$8.8B+6.0%

Cash flow

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Operating cash flow$176.3M-36.5%
CapEx$156.5M-6.0%
Free cash flow$19.8M-82.2%

Valuation

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Market cap$4.82B+19.3%
Enterprise value$7.24B+16.9%
P/E17.6×+1.0×
P/S1.9×-0.8×

Profitability

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Gross margin43.4%-13.7pp
Operating margin13.6%-3.6pp
Net margin8.6%-2.8pp
FCF margin42.8%+24.8pp

Returns & leverage

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Return on equity8.2%+0.1pp
Debt / equity0.7×0.0×
Current ratio0.6×0.0×

Where this comes from

Reported directly by ONE GAS in its filing.

Tagged under the XBRL concept ogs:ApprovedDebtToCapitalRatio.

The official record: ONE GAS’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ONE GAS's approved debt to capital ratio?
ONE GAS (OGS) reported approved debt to capital ratio of 70% in Q1 2026.
How has ONE GAS's approved debt to capital ratio changed year-over-year?
ONE GAS's approved debt to capital ratio decreased by 0.0% year-over-year, from 70% to 70%.
What is the long-term trend for ONE GAS's approved debt to capital ratio?
Over 2 years (2023 to 2025), ONE GAS's approved debt to capital ratio has grown at a 0.0% compound annual growth rate (CAGR), from 70% to 70%.
What does approved debt to capital ratio mean?
This ratio measures the proportion of the company's total capital structure that is financed through debt, specifically calculated according to regulatory or internal covenant guidelines. It is used to assess the company's financial leverage and adherence to capital structure targets.