MARKETS / NYSE / OGS
NYSE · NATURAL GAS DISTRIBUTION · LARGE CAP

ONE Gas, Inc. OGS

14 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY11 YEARS OF DIVIDEND GROWTH
Dividend streak
11 yrs
Raised every year since 2015
EPS · FY25
$4.37
Dividend / sh · FY25
$2.68
Payout · FY25
61%
ROE · FY25
8.1%
Net margin · FY25
Dividend coverage
1.6×
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Result
Revenue, FY2025 · full 14-year series below
Revenue Net income
0.81.62.43.20.3201220152018202120242025
0.81.62.43.20.32016201920222025

Per share
USD 4.37
Diluted EPS, FY2025
EPS Dividend
2462.684.37201220152018202120242025
2462.684.372016201920222025

Earnings covered the dividend 1.6 times — the rest stayed in the company.

Profitability
8.1%
Return on equity, FY2025
ROE
2.557.5108.1%201220152018202120242025
2.557.5108.1%2016201920222025
Operating margin
Net margin
Return on assets3.1%

Each USD of equity produced 8 cents of profit this year.

Returned to shareholders
USD 160.7M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 160.7M
Net buybacks
Share of profit60.8%
Consecutive raises11 years

USD 160.7M in dividends — 61% of the year's profit went back to shareholders.

Growth
+10.9% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+16.0%
+10.9%
Net income
+6.0%
+6.1%
+8.3%
EPS, diluted
+2.3%
+3.5%
+6.9%
Dividend / share
+2.6%
+4.4%
+8.4%
Returned to shareholders
+6.3%
+7.0%
+7.2%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.06B
Shares outstanding, FY2025
0.000.06201220152018202120242025
0.050.062016201920222025
Change, 5 years+17.9%
Change, 10 years+20.0%

The share count grew 18% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 8.9B
total assets, end of FY2025
Total assetsUSD 8.9B
EquityUSD 3.4B
CashUSD 10.6M
Gross debtUSD 2.6B
Net debtUSD 2.6B
Current ratio0.60×

Net debt stands at 75% of equity.

History
14 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
Revenue $B
·
·
·
2.6
1.8
1.5
1.7
1.6
1.5
1.4
·
·
·
·
Operating income $B
0.5
0.4
0.4
0.3
0.3
0.3
0.3
0.3
0.3
0.3
0.2
0.2
0.2
0.2
EBITDA $B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Income tax $B
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.1
0.1
0.1
0.1
0.1
0.1
0.1
Net income $B
0.3
0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.2
0.1
0.1
0.1
0.1
0.1
EPS, diluted $
4.37
3.91
4.14
4.08
3.85
3.68
3.51
3.25
3.08
2.65
2.24
2.07
1.90
1.84
Dividend / sh $
2.68
2.64
2.60
2.48
2.32
2.16
2.00
1.84
1.68
1.40
1.20
0.84
0.00
0.00
Payout %
61
67
62
60
60
58
56
56
54
52
53
40
0
0
ROE %
8.1
7.6
8.6
9.0
9.0
9.0
9.0
8.6
8.5
7.5
6.5
7.2
8.3
8.4
Shares out B
0.06
0.06
0.06
0.06
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.05
0.00
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
40 of 40
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed