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ONE GAS OGS Return on invested capital

Return on invested capital at other companies

Atmos Energy logo
Atmos EnergyATO
6.1%+0.1pp
Spire logo
SpireSR
5.2%-0.8pp
CNP
CenterPoint EnergyCNP
5.9%+0.5pp
New Jersey Resources logo
New Jersey ResourcesNJR
6.8%-1.8pp
Unitil logo
UnitilUTL
5.9%+0.3pp
MDU Resources Group logo
MDU Resources GroupMDU
5.2%+0.2pp

Other financials

Income statement

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Revenue$644.5M+42.5%
Gross profit$279.7M+8.3%
Operating income$82.7M+15.1%
Net income$46.8M+46.1%
EPS (diluted)$0.74+39.6%

Balance sheet

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Cash & equivalents$30.6M-28.4%
Total debt$2.4B+11.5%
Total equity$3.5B+11.1%
Total assets$8.8B+5.4%

Cash flow

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Operating cash flow$211.0M+23.2%
CapEx$173.5M-3.9%
Free cash flow$37.5M+511%

Valuation

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Market cap$5B+13.0%
Enterprise value$7.42B+12.7%
P/E17.4×-0.5×

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 equity8.6%+0.3pp
Debt / equity0.7×0.0×
Current ratio0.5×0.0×

Where this comes from

Calculated from ONE GAS’s reported figures.

Based on trailing twelve months.

The source filing: ONE GAS’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 4:24 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001587732-26-000035

FAQ

What is ONE GAS's return on invested capital?
ONE GAS (OGS) reported return on invested capital of 7% in Q2 2026.
How has ONE GAS's return on invested capital changed year-over-year?
ONE GAS's return on invested capital decreased by 2.0% year-over-year, from 7.1% to 7%.
What is the long-term trend for ONE GAS's return on invested capital?
Over 5 years (2020 to 2025), ONE GAS's return on invested capital has grown at a -0.3% compound annual growth rate (CAGR), from 6.9% to 6.8%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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