ONE GAS INC (OGS) Stock Fundamental Analysis
NYSE:OGS • US68235P1084
85.77 USD
+0.38 (+0.45%)
At close: Feb 25, 2026
85.77 USD
0 (0%)
After Hours: 2/25/2026, 8:04:00 PM
Taking everything into account, OGS scores 3 out of 10 in our fundamental rating. OGS was compared to 15 industry peers in the Gas Utilities industry. There are concerns on the financial health of OGS while its profitability can be described as average. OGS is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- OGS had positive earnings in the past year.
- In the past year OGS had a positive cash flow from operations.
- OGS had positive earnings in each of the past 5 years.
- OGS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- With a Return On Assets value of 2.98%, OGS is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
- OGS has a Return On Equity of 7.68%. This is in the lower half of the industry: OGS underperforms 73.33% of its industry peers.
- OGS has a Return On Invested Capital (4.77%) which is in line with its industry peers.
- OGS had an Average Return On Invested Capital over the past 3 years of 4.67%. This is in line with the industry average of 6.15%.
- The last Return On Invested Capital (4.77%) for OGS is above the 3 year average (4.67%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 7.68% | ||
| ROIC | 4.77% |
ROA(3y)2.87%
ROA(5y)2.78%
ROE(3y)7.74%
ROE(5y)8.12%
ROIC(3y)4.67%
ROIC(5y)4.28%
1.3 Margins
- Looking at the Profit Margin, with a value of 10.88%, OGS is in line with its industry, outperforming 60.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of OGS has declined.
- OGS has a Operating Margin of 18.85%. This is comparable to the rest of the industry: OGS outperforms 46.67% of its industry peers.
- OGS's Operating Margin has been stable in the last couple of years.
- The Gross Margin of OGS (58.85%) is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of OGS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.85% | ||
| PM (TTM) | 10.88% | ||
| GM | 58.85% |
OM growth 3Y11.55%
OM growth 5Y-1.02%
PM growth 3Y8.17%
PM growth 5Y-3.24%
GM growth 3Y10.68%
GM growth 5Y-1.93%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so OGS is destroying value.
- OGS has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for OGS has been increased compared to 5 years ago.
- The debt/assets ratio for OGS has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.07, we must say that OGS is in the distress zone and has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 1.07, OGS is in line with its industry, outperforming 46.67% of the companies in the same industry.
- OGS has a Debt/Equity ratio of 0.90. This is a neutral value indicating OGS is somewhat dependend on debt financing.
- OGS has a Debt to Equity ratio of 0.90. This is in the better half of the industry: OGS outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.9 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.07 |
ROIC/WACC0.72
WACC6.63%
2.3 Liquidity
- OGS has a Current Ratio of 0.60. This is a bad value and indicates that OGS is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of OGS (0.60) is worse than 80.00% of its industry peers.
- A Quick Ratio of 0.42 indicates that OGS may have some problems paying its short term obligations.
- OGS has a Quick ratio of 0.42. This is amonst the worse of the industry: OGS underperforms 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.42 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 11.76% over the past year.
- OGS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.50% yearly.
- OGS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.50%.
- Measured over the past years, OGS shows a quite strong growth in Revenue. The Revenue has been growing by 9.67% on average per year.
EPS 1Y (TTM)11.76%
EPS 3Y2.22%
EPS 5Y3.5%
EPS Q2Q%5.97%
Revenue 1Y (TTM)16.5%
Revenue growth 3Y-1.99%
Revenue growth 5Y9.67%
Sales Q2Q%9.3%
3.2 Future
- Based on estimates for the next years, OGS will show a small growth in Earnings Per Share. The EPS will grow by 6.33% on average per year.
- The Revenue is expected to grow by 3.00% on average over the next years.
EPS Next Y8.84%
EPS Next 2Y6.65%
EPS Next 3Y6.84%
EPS Next 5Y6.33%
Revenue Next Year4.58%
Revenue Next 2Y1.18%
Revenue Next 3Y0.94%
Revenue Next 5Y3%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 19.63, OGS is valued on the expensive side.
- 60.00% of the companies in the same industry are cheaper than OGS, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 27.05. OGS is valued slightly cheaper when compared to this.
- Based on the Price/Forward Earnings ratio of 18.03, the valuation of OGS can be described as rather expensive.
- Based on the Price/Forward Earnings ratio, OGS is valued a bit more expensive than 60.00% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.03, OGS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.63 | ||
| Fwd PE | 18.03 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of OGS is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates OGS does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.22
PEG (5Y)5.61
EPS Next 2Y6.65%
EPS Next 3Y6.84%
5. Dividend
5.1 Amount
- OGS has a Yearly Dividend Yield of 3.16%. Purely for dividend investing, there may be better candidates out there.
- OGS's Dividend Yield is slightly below the industry average, which is at 3.63.
- Compared to an average S&P500 Dividend Yield of 1.80, OGS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.16% |
5.2 History
- The dividend of OGS has a limited annual growth rate of 3.97%.
- OGS has been paying a dividend for at least 10 years, so it has a reliable track record.
- OGS has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.97%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
- OGS pays out 60.82% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of OGS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP60.82%
EPS Next 2Y6.65%
EPS Next 3Y6.84%
85.77
+0.38 (+0.45%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)02-18 2026-02-18/amc
Earnings (Next)05-04 2026-05-04
Inst Owners96.98%
Inst Owner Change-1.06%
Ins Owners0.43%
Ins Owner Change2.28%
Market Cap5.15B
Revenue(TTM)2.43B
Net Income(TTM)264.22M
Analysts76.36
Price Target88.59 (3.29%)
Short Float %4.09%
Short Ratio5.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.16% |
Yearly Dividend2.62
Dividend Growth(5Y)3.97%
DP60.82%
Div Incr Years10
Div Non Decr Years10
Ex-Date02-20 2026-02-20 (0.68)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.8%
Min EPS beat(2)-1.38%
Max EPS beat(2)4.97%
EPS beat(4)2
Avg EPS beat(4)2.17%
Min EPS beat(4)-1.38%
Max EPS beat(4)5.81%
EPS beat(8)2
Avg EPS beat(8)-1.12%
EPS beat(12)3
Avg EPS beat(12)-0.65%
EPS beat(16)5
Avg EPS beat(16)-0.7%
Revenue beat(2)0
Avg Revenue beat(2)-18.08%
Min Revenue beat(2)-26.36%
Max Revenue beat(2)-9.81%
Revenue beat(4)0
Avg Revenue beat(4)-14.54%
Min Revenue beat(4)-26.36%
Max Revenue beat(4)-0.92%
Revenue beat(8)0
Avg Revenue beat(8)-16.37%
Revenue beat(12)1
Avg Revenue beat(12)-10.98%
Revenue beat(16)5
Avg Revenue beat(16)3.39%
PT rev (1m)0.17%
PT rev (3m)3.03%
EPS NQ rev (1m)-0.05%
EPS NQ rev (3m)1.33%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)0.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-22.3%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.63 | ||
| Fwd PE | 18.03 | ||
| P/S | 2.12 | ||
| P/FCF | N/A | ||
| P/OCF | 8.89 | ||
| P/B | 1.5 | ||
| P/tB | 1.69 | ||
| EV/EBITDA | 10 |
EPS(TTM)4.37
EY5.1%
EPS(NY)4.76
Fwd EY5.55%
FCF(TTM)-2.14
FCFYN/A
OCF(TTM)9.65
OCFY11.25%
SpS40.46
BVpS57.34
TBVpS50.81
PEG (NY)2.22
PEG (5Y)5.61
Graham Number75.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.98% | ||
| ROE | 7.68% | ||
| ROCE | 6.25% | ||
| ROIC | 4.77% | ||
| ROICexc | 4.78% | ||
| ROICexgc | 5.02% | ||
| OM | 18.85% | ||
| PM (TTM) | 10.88% | ||
| GM | 58.85% | ||
| FCFM | N/A |
ROA(3y)2.87%
ROA(5y)2.78%
ROE(3y)7.74%
ROE(5y)8.12%
ROIC(3y)4.67%
ROIC(5y)4.28%
ROICexc(3y)4.69%
ROICexc(5y)4.3%
ROICexgc(3y)4.98%
ROICexgc(5y)4.54%
ROCE(3y)5.99%
ROCE(5y)5.49%
ROICexgc growth 3Y4.31%
ROICexgc growth 5Y1.54%
ROICexc growth 3Y5.01%
ROICexc growth 5Y1.11%
OM growth 3Y11.55%
OM growth 5Y-1.02%
PM growth 3Y8.17%
PM growth 5Y-3.24%
GM growth 3Y10.68%
GM growth 5Y-1.93%
F-Score6
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.9 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.99 | ||
| Cap/Depr | 222.92% | ||
| Cap/Sales | 29.13% | ||
| Interest Coverage | 3.29 | ||
| Cash Conversion | 74.71% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.42 | ||
| Altman-Z | 1.07 |
F-Score6
WACC6.63%
ROIC/WACC0.72
Cap/Depr(3y)232.72%
Cap/Depr(5y)240.78%
Cap/Sales(3y)30.33%
Cap/Sales(5y)28.4%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.76%
EPS 3Y2.22%
EPS 5Y3.5%
EPS Q2Q%5.97%
EPS Next Y8.84%
EPS Next 2Y6.65%
EPS Next 3Y6.84%
EPS Next 5Y6.33%
Revenue 1Y (TTM)16.5%
Revenue growth 3Y-1.99%
Revenue growth 5Y9.67%
Sales Q2Q%9.3%
Revenue Next Year4.58%
Revenue Next 2Y1.18%
Revenue Next 3Y0.94%
Revenue Next 5Y3%
EBIT growth 1Y14.64%
EBIT growth 3Y9.34%
EBIT growth 5Y8.55%
EBIT Next Year75.77%
EBIT Next 3Y26.1%
EBIT Next 5Y20.72%
FCF growth 1Y61.65%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y57.12%
OCF growth 3Y-28.31%
OCF growth 5Y9.69%
ONE GAS INC / OGS FAQ
What is the fundamental rating for OGS stock?
ChartMill assigns a fundamental rating of 3 / 10 to OGS.
Can you provide the valuation status for ONE GAS INC?
ChartMill assigns a valuation rating of 1 / 10 to ONE GAS INC (OGS). This can be considered as Overvalued.
What is the profitability of OGS stock?
ONE GAS INC (OGS) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for OGS stock?
The Price/Earnings (PE) ratio for ONE GAS INC (OGS) is 19.63 and the Price/Book (PB) ratio is 1.5.
Can you provide the expected EPS growth for OGS stock?
The Earnings per Share (EPS) of ONE GAS INC (OGS) is expected to grow by 8.84% in the next year.