ONE GAS INC (OGS) Stock Fundamental Analysis

NYSE:OGS • US68235P1084

85.55 USD
+1.56 (+1.86%)
At close: Feb 19, 2026
85.55 USD
0 (0%)
After Hours: 2/19/2026, 8:24:03 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to OGS. OGS was compared to 14 industry peers in the Gas Utilities industry. While OGS is still in line with the averages on profitability rating, there are concerns on its financial health. OGS is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

4

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.
  • Of the past 5 years OGS 4 years were profitable.
  • The reported operating cash flow has been mixed in the past 5 years: OGS reported negative operating cash flow in multiple years.
OGS Yearly Net Income VS EBIT VS OCF VS FCFOGS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B -2B

1.2 Ratios

  • OGS's Return On Assets of 3.00% is on the low side compared to the rest of the industry. OGS is outperformed by 64.29% of its industry peers.
  • OGS's Return On Equity of 8.01% is on the low side compared to the rest of the industry. OGS is outperformed by 64.29% of its industry peers.
  • OGS has a Return On Invested Capital (4.84%) which is in line with its industry peers.
  • The Average Return On Invested Capital over the past 3 years for OGS is below the industry average of 8.49%.
  • The 3 year average ROIC (4.53%) for OGS is below the current ROIC(4.84%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3%
ROE 8.01%
ROIC 4.84%
ROA(3y)2.82%
ROA(5y)2.84%
ROE(3y)8.04%
ROE(5y)8.34%
ROIC(3y)4.53%
ROIC(5y)4.31%
OGS Yearly ROA, ROE, ROICOGS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8

1.3 Margins

  • OGS's Profit Margin of 10.76% is in line compared to the rest of the industry. OGS outperforms 57.14% of its industry peers.
  • In the last couple of years the Profit Margin of OGS has remained more or less at the same level.
  • Looking at the Operating Margin, with a value of 18.66%, OGS is in line with its industry, outperforming 42.86% of the companies in the same industry.
  • OGS's Operating Margin has been stable in the last couple of years.
  • With a Gross Margin value of 59.02%, OGS perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
  • OGS's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 18.66%
PM (TTM) 10.76%
GM 59.02%
OM growth 3Y3.74%
OM growth 5Y1.4%
PM growth 3Y-2.14%
PM growth 5Y-1.09%
GM growth 3Y3.11%
GM growth 5Y1.42%
OGS Yearly Profit, Operating, Gross MarginsOGS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • OGS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • OGS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
OGS Yearly Shares OutstandingOGS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
OGS Yearly Total Debt VS Total AssetsOGS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • Based on the Altman-Z score of 1.05, we must say that OGS is in the distress zone and has some risk of bankruptcy.
  • With a Altman-Z score value of 1.05, OGS perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
  • A Debt/Equity ratio of 0.98 indicates that OGS is somewhat dependend on debt financing.
  • The Debt to Equity ratio of OGS (0.98) is better than 64.29% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.98
Debt/FCF N/A
Altman-Z 1.05
ROIC/WACC0.7
WACC6.92%
OGS Yearly LT Debt VS Equity VS FCFOGS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B -2B 3B

2.3 Liquidity

  • OGS has a Current Ratio of 0.47. This is a bad value and indicates that OGS is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.47, OGS is doing worse than 85.71% of the companies in the same industry.
  • OGS has a Quick Ratio of 0.47. This is a bad value and indicates that OGS is not financially healthy enough and could expect problems in meeting its short term obligations.
  • OGS has a worse Quick ratio (0.26) than 85.71% of its industry peers.
Industry RankSector Rank
Current Ratio 0.47
Quick Ratio 0.26
OGS Yearly Current Assets VS Current LiabilitesOGS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • OGS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.30%, which is quite good.
  • OGS shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.78% yearly.
EPS 1Y (TTM)13.3%
EPS 3Y2.69%
EPS 5Y3.78%
EPS Q2Q%10.45%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
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 6.04% on average per year.
  • The Revenue is expected to grow by 3.00% on average over the next years.
EPS Next Y7.36%
EPS Next 2Y5.92%
EPS Next 3Y6.36%
EPS Next 5Y6.04%
Revenue Next Year4.58%
Revenue Next 2Y1.18%
Revenue Next 3Y0.94%
Revenue Next 5Y3%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
OGS Yearly Revenue VS EstimatesOGS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B 2B 2.5B
OGS Yearly EPS VS EstimatesOGS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4 5

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 19.31, OGS is valued on the expensive side.
  • OGS's Price/Earnings is on the same level as the industry average.
  • The average S&P500 Price/Earnings ratio is at 27.09. OGS is valued slightly cheaper when compared to this.
  • OGS is valuated rather expensively with a Price/Forward Earnings ratio of 17.99.
  • OGS's Price/Forward Earnings is on the same level as the industry average.
  • OGS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.98.
Industry RankSector Rank
PE 19.31
Fwd PE 17.99
OGS Price Earnings VS Forward Price EarningsOGS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • OGS's Enterprise Value to EBITDA is on the same level as the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 10.15
OGS Per share dataOGS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40 50

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.62
PEG (5Y)5.11
EPS Next 2Y5.92%
EPS Next 3Y6.36%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • OGS has a Yearly Dividend Yield of 3.20%.
  • Compared to an average industry Dividend Yield of 3.61, OGS has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.85, OGS pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.2%

5.2 History

  • The dividend of OGS has a limited annual growth rate of 5.12%.
  • OGS has paid a dividend for at least 10 years, which is 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)5.12%
Div Incr Years10
Div Non Decr Years10
OGS Yearly Dividends per shareOGS Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

5.3 Sustainability

  • OGS pays out 61.93% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of OGS is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP61.93%
EPS Next 2Y5.92%
EPS Next 3Y6.36%
OGS Yearly Income VS Free CF VS DividendOGS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M -1B -1.5B -2B
OGS Dividend Payout.OGS Dividend Payout, showing the Payout Ratio.OGS Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

ONE GAS INC

NYSE:OGS (2/19/2026, 8:24:03 PM)

After market: 85.55 0 (0%)

85.55

+1.56 (+1.86%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)02-18
Earnings (Next)05-04
Inst Owners96.98%
Inst Owner Change0.74%
Ins Owners0.43%
Ins Owner Change-0.28%
Market Cap5.13B
Revenue(TTM)N/A
Net Income(TTM)254.94M
Analysts76.36
Price Target86.7 (1.34%)
Short Float %4.09%
Short Ratio5.25
Dividend
Industry RankSector Rank
Dividend Yield 3.2%
Yearly Dividend2.57
Dividend Growth(5Y)5.12%
DP61.93%
Div Incr Years10
Div Non Decr Years10
Ex-Date02-20
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.13%
Min EPS beat(2)-0.72%
Max EPS beat(2)4.97%
EPS beat(4)2
Avg EPS beat(4)2.39%
Min EPS beat(4)-0.72%
Max EPS beat(4)5.81%
EPS beat(8)2
Avg EPS beat(8)-1.05%
EPS beat(12)4
Avg EPS beat(12)-0.52%
EPS beat(16)5
Avg EPS beat(16)-0.68%
Revenue beat(2)0
Avg Revenue beat(2)-23.72%
Min Revenue beat(2)-26.36%
Max Revenue beat(2)-21.08%
Revenue beat(4)0
Avg Revenue beat(4)-21.05%
Min Revenue beat(4)-35.86%
Max Revenue beat(4)-0.92%
Revenue beat(8)0
Avg Revenue beat(8)-17.67%
Revenue beat(12)2
Avg Revenue beat(12)-2.82%
Revenue beat(16)6
Avg Revenue beat(16)5.11%
PT rev (1m)0.17%
PT rev (3m)5.22%
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 RankSector Rank
PE 19.31
Fwd PE 17.99
P/S 2.17
P/FCF N/A
P/OCF 8.58
P/B 1.61
P/tB 1.84
EV/EBITDA 10.15
EPS(TTM)4.43
EY5.18%
EPS(NY)4.76
Fwd EY5.56%
FCF(TTM)-2.01
FCFYN/A
OCF(TTM)9.97
OCFY11.66%
SpS39.48
BVpS53.04
TBVpS46.38
PEG (NY)2.62
PEG (5Y)5.11
Graham Number72.71
Profitability
Industry RankSector Rank
ROA 3%
ROE 8.01%
ROCE 6.27%
ROIC 4.84%
ROICexc 4.84%
ROICexgc 5.1%
OM 18.66%
PM (TTM) 10.76%
GM 59.02%
FCFM N/A
ROA(3y)2.82%
ROA(5y)2.84%
ROE(3y)8.04%
ROE(5y)8.34%
ROIC(3y)4.53%
ROIC(5y)4.31%
ROICexc(3y)4.55%
ROICexc(5y)4.32%
ROICexgc(3y)4.86%
ROICexgc(5y)4.55%
ROCE(3y)5.68%
ROCE(5y)5.4%
ROICexgc growth 3Y10.43%
ROICexgc growth 5Y-1.12%
ROICexc growth 3Y9.13%
ROICexc growth 5Y-1.63%
OM growth 3Y3.74%
OM growth 5Y1.4%
PM growth 3Y-2.14%
PM growth 5Y-1.09%
GM growth 3Y3.11%
GM growth 5Y1.42%
F-Score6
Asset Turnover0.28
Health
Industry RankSector Rank
Debt/Equity 0.98
Debt/FCF N/A
Debt/EBITDA 4.13
Cap/Depr 229.42%
Cap/Sales 30.35%
Interest Coverage 3.11
Cash Conversion 79.22%
Profit Quality N/A
Current Ratio 0.47
Quick Ratio 0.26
Altman-Z 1.05
F-Score6
WACC6.92%
ROIC/WACC0.7
Cap/Depr(3y)247.32%
Cap/Depr(5y)244.56%
Cap/Sales(3y)28.5%
Cap/Sales(5y)28.73%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)13.3%
EPS 3Y2.69%
EPS 5Y3.78%
EPS Q2Q%10.45%
EPS Next Y7.36%
EPS Next 2Y5.92%
EPS Next 3Y6.36%
EPS Next 5Y6.04%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%9.3%
Revenue Next Year4.58%
Revenue Next 2Y1.18%
Revenue Next 3Y0.94%
Revenue Next 5Y3%
EBIT growth 1Y15.76%
EBIT growth 3Y8.75%
EBIT growth 5Y6.21%
EBIT Next Year87.36%
EBIT Next 3Y28.77%
EBIT Next 5Y19.47%
FCF growth 1Y-170.83%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-30.21%
OCF growth 3YN/A
OCF growth 5Y3.49%

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 2 / 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 19.31 and the Price/Book (PB) ratio is 1.61.


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 7.36% in the next year.