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ONE GAS OGS Regulatory Asset for Costs Associated with Manufactured Gas Sites

Regulatory Asset for Costs Associated with Manufactured Gas Sites at other companies

Essential Utilities logo
Essential UtilitiesWTRG
$2.11B+8.7%
WEC Energy Group logo
WEC Energy GroupWEC
$553.6M+2.4%
BKH
Black HillsBKH
$122.6M-5.2%
Dominion Energy logo
Dominion EnergyD
$1.29B+29.5%
Duke Energy logo
Duke EnergyDUK
$17.01B-1.5%
MDU Resources Group logo
MDU Resources GroupMDU
$190.68M+33.0%

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:RegulatoryAssetForCostsAssociatedWithManufacturedGasSites.

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 regulatory asset for costs associated with manufactured gas sites?
ONE GAS (OGS) reported regulatory asset for costs associated with manufactured gas sites of $30.6M in Q1 2026.
How has ONE GAS's regulatory asset for costs associated with manufactured gas sites changed year-over-year?
ONE GAS's regulatory asset for costs associated with manufactured gas sites decreased by 0.6% year-over-year, from $30.8M to $30.6M.
What is the long-term trend for ONE GAS's regulatory asset for costs associated with manufactured gas sites?
Over 4 years (2020 to 2025), ONE GAS's regulatory asset for costs associated with manufactured gas sites has grown at a 12.5% compound annual growth rate (CAGR), from $18.8M to $30.1M.
What does regulatory asset for costs associated with manufactured gas sites mean?
This metric quantifies the regulatory asset created to defer costs related to the investigation and remediation of manufactured gas plant sites. It represents expenditures that are expected to be recovered from customers through future rate adjustments as approved by regulators. It is a vital indicator of how environmental remediation costs are being managed and amortized over time.