ONE GAS INC (OGS) Stock Fundamental Analysis
NYSE:OGS • US68235P1084
85.68 USD
+0.29 (+0.34%)
Last: Feb 25, 2026, 02:00 PM
Overall OGS gets a fundamental rating of 3 out of 10. We evaluated OGS against 15 industry peers in the Gas Utilities industry. OGS has a medium profitability rating, but doesn't score so well on its financial health evaluation. OGS is quite expensive at the moment. 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.
- Of the past 5 years OGS 4 years had a positive operating cash flow.
1.2 Ratios
- OGS's Return On Assets of 2.98% is on the low side compared to the rest of the industry. OGS is outperformed by 60.00% of its industry peers.
- With a Return On Equity value of 7.68%, OGS is not doing good in the industry: 73.33% of the companies in the same industry are doing better.
- OGS's Return On Invested Capital of 4.77% is in line compared to the rest of the industry. OGS outperforms 53.33% of 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 3 year average ROIC (4.67%) for OGS is below the current ROIC(4.77%), indicating increased profibility in the last year.
| 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
- OGS's Profit Margin of 10.88% is in line compared to the rest of the industry. OGS outperforms 60.00% of its industry peers.
- In the last couple of years the Profit Margin of OGS has declined.
- With a Operating Margin value of 18.85%, OGS perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
- In the last couple of years the Operating Margin of OGS has remained more or less at the same level.
- With a Gross Margin value of 58.85%, OGS perfoms like the industry average, outperforming 46.67% of the companies in the same 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.
- The number of shares outstanding for OGS has been increased compared to 1 year ago.
- Compared to 5 years ago, OGS has more shares outstanding
- Compared to 1 year ago, OGS has an improved debt to assets ratio.
2.2 Solvency
- OGS has an Altman-Z score of 1.07. This is a bad value and indicates that OGS is not financially healthy and even has some risk of bankruptcy.
- OGS's Altman-Z score of 1.07 is in line compared to the rest of the industry. OGS outperforms 46.67% of its industry peers.
- A Debt/Equity ratio of 0.90 indicates that OGS is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.90, OGS is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.9 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.07 |
ROIC/WACC0.72
WACC6.62%
2.3 Liquidity
- A Current Ratio of 0.60 indicates that OGS may have some problems paying its short term obligations.
- OGS has a worse Current ratio (0.60) than 80.00% of its industry peers.
- OGS has a Quick 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.
- OGS's Quick ratio of 0.42 is on the low side compared to the rest of the industry. OGS is outperformed by 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.42 |
3. Growth
3.1 Past
- OGS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.76%, which is quite good.
- The Earnings Per Share has been growing slightly by 3.50% on average over the past years.
- OGS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.50%.
- OGS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.67% yearly.
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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 19.61 indicates a rather expensive valuation of OGS.
- OGS's Price/Earnings ratio is a bit more expensive when compared to the industry. OGS is more expensive than 60.00% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 26.98, OGS is valued a bit cheaper.
- The Price/Forward Earnings ratio is 18.01, which indicates a rather expensive current valuation of OGS.
- Based on the Price/Forward Earnings ratio, OGS is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
- OGS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.01.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.61 | ||
| Fwd PE | 18.01 |
4.2 Price Multiples
- OGS's Enterprise Value to EBITDA ratio is in line with the industry average.
| 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 an expensive valuation of the company.
PEG (NY)2.22
PEG (5Y)5.61
EPS Next 2Y6.65%
EPS Next 3Y6.84%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 3.16%, OGS has a reasonable but not impressive dividend return.
- OGS's Dividend Yield is slightly below the industry average, which is at 3.63.
- Compared to an average S&P500 Dividend Yield of 1.81, 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 paid a dividend for at least 10 years, which is a reliable track record.
- OGS has not decreased their dividend for at least 10 years, which is a reliable track record.
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%
NYSE:OGS (2/25/2026, 2:00:33 PM)
85.68
+0.29 (+0.34%)
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 Cap5.14B
Revenue(TTM)2.43B
Net Income(TTM)264.22M
Analysts76.36
Price Target88.59 (3.4%)
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 | 19.61 | ||
| Fwd PE | 18.01 | ||
| P/S | 2.12 | ||
| P/FCF | N/A | ||
| P/OCF | 8.88 | ||
| P/B | 1.49 | ||
| 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
OCFY11.26%
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
WACC6.62%
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 19.61 and the Price/Book (PB) ratio is 1.49.
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.