One Gas, Inc. - Understand $ogs stock

$OGS Market Cap: $4.245 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$2.059B

TTM

Gross Margin

66.87%

TTM

Net Earnings

$216.6M

TTM

Current Assets

$690.5M

Q3 2024

Current Liabilities

$1.388B

Q3 2024

Current Ratio

49.76%

Q3 2024

Total Assets

$8.039B

Q3 2024

Total Liabilities

$3.872B

Q3 2024

Book Value

$4.167B

Q3 2024

Cash

$18.80M

Q3 2024

P/E

19.60

Dec 02, 2024 EST

Free Cash Flow

-$297.1M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$2.372B	$2.578B	$1.809B	$1.530B	$1.653B	$1.634B	$1.540B	$1.427B	$1.548B	$1.819B	$1.690B	$1.377B	$1.621B	$1.817B	$1.839B
YoY Change	-7.99%	42.54%	18.19%	-7.41%	1.16%	6.11%	7.88%	-7.78%	-14.91%	7.63%	22.77%	-15.09%	-10.79%	-1.17%	-15.48%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$2.372B	$2.578B	$1.809B	$1.530B	$1.653B	$1.634B	$1.540B	$1.427B	$1.548B	$1.819B	$1.690B	$1.377B	$1.621B	$1.817B	$1.839B
Cost Of Revenue	$1.135B	$1.459B	$775.0M	$537.4M	$688.0M	$714.6M	$614.5M	$541.8M	$706.0M	$991.9M	$876.9M	$620.3M	$869.5M	$1.063B	$1.123B
Gross Profit	$1.237B	$1.119B	$1.034B	$992.8M	$964.8M	$919.1M	$925.1M	$885.4M	$841.7M	$827.0M	$813.0M	$756.4M	$751.8M	$754.9M	$716.0M
Gross Profit Margin	52.17%	43.4%	57.15%	64.88%	58.38%	56.26%	60.09%	62.04%	54.39%	45.46%	48.11%	54.95%	46.37%	41.54%	38.94%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Selling, General & Admin	$580.1M	$540.5M	$516.1M	$494.4M	$489.1M	$470.6M	$456.5M	$452.7M	$469.6M	$475.9M	$447.9M	$410.5M	$420.0M	$398.4M
YoY Change	7.32%	4.72%	4.39%	1.08%	3.93%	3.09%	0.84%	-3.6%	-1.32%	6.25%	9.11%	-2.26%	5.42%
% of Gross Profit	46.87%	48.3%	49.93%	49.8%	50.69%	51.2%	49.34%	51.13%	55.79%	57.55%	55.09%	54.27%	55.87%	52.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$279.8M	$228.5M	$207.2M	$194.9M	$180.4M	$160.1M	$151.9M	$143.8M	$133.0M	$125.7M	$144.8M	$130.2M	$132.2M	$131.0M	$122.6M
YoY Change	22.48%	10.25%	6.33%	8.04%	12.68%	5.4%	5.63%	8.12%	5.81%	-13.19%	11.21%	-1.51%	0.92%	6.85%	4.97%
% of Gross Profit	22.61%	20.42%	20.05%	19.63%	18.7%	17.42%	16.42%	16.24%	15.8%	15.2%	17.81%	17.21%	17.58%	17.35%	17.12%
Operating Expenses	$859.9M	$769.0M	$723.3M	$689.4M	$669.5M	$630.7M	$608.4M	$596.5M	$602.6M	$601.7M	$592.7M	$540.6M	$552.2M	$529.3M	$505.8M
YoY Change	11.82%	6.31%	4.92%	2.97%	6.15%	3.67%	1.99%	-1.01%	0.15%	1.52%	9.64%	-2.1%	4.33%	4.65%	2.76%
Operating Profit	$377.6M	$350.0M	$310.3M	$303.5M	$295.3M	$288.4M	$316.7M	$288.9M	$239.1M	$225.3M	$220.3M	$215.7M	$199.6M	$225.6M	$210.2M
YoY Change	7.9%	12.8%	2.22%	2.8%	2.37%	-8.93%	9.61%	20.83%	6.14%	2.24%	2.15%	8.07%	-11.52%	7.33%	11.33%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$115.3M	$77.51M	$60.30M	$62.51M	$62.68M	$51.31M	$46.07M	$43.74M	$44.57M	$45.84M	$61.37M	$60.79M	-$54.10M	-$52.30M	-$66.40M
YoY Change	48.81%	28.53%	-3.53%	-0.28%	22.17%	11.38%	5.32%	-1.86%	-2.77%	-25.3%	0.94%	-212.37%	3.44%	-21.23%	-8.54%
% of Operating Profit	30.55%	22.15%	19.44%	20.59%	21.23%	17.79%	14.54%	15.14%	18.64%	20.35%	27.85%	28.18%	-27.1%	-23.18%	-31.59%
Other Income/Expense, Net	$9.476M	-$4.183M	-$3.207M	-$3.020M	-$2.976M	-$11.36M	-$14.53M	-$19.87M	-$2.600M	-$1.300M	$2.500M	$1.400M	-$2.800M	$200.0K	$2.700M
YoY Change	-326.54%	30.43%	6.19%	1.48%	-73.8%	-21.8%	-26.9%	664.23%	100.0%	-152.0%	78.57%	-150.0%	-1500.0%	-92.59%	-127.27%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Pretax Income	$271.7M	$268.3M	$246.8M	$238.0M	$229.6M	$225.8M	$256.1M	$225.3M	$192.0M	$178.1M	$161.5M	$156.4M	$142.8M	$173.5M	$146.5M
YoY Change	1.29%	8.72%	3.68%	3.65%	1.7%	-11.86%	13.67%	17.36%	7.79%	10.32%	3.27%	9.5%	-17.69%	18.43%	37.82%
Income Tax	$40.50M	$46.53M	$40.32M	$41.58M	$42.85M	$53.53M	$93.14M	$85.24M	$72.98M	$68.34M	$62.27M	$59.85M	$56.00M	$67.10M	$65.80M
% Of Pretax Income	14.9%	17.34%	16.34%	17.47%	18.66%	23.71%	36.36%	37.83%	38.01%	38.36%	38.57%	38.28%	39.22%	38.67%	44.91%
Net Earnings	$231.2M	$221.7M	$206.4M	$196.4M	$186.7M	$172.2M	$163.0M	$140.1M	$119.0M	$109.8M	$99.20M	$96.51M	$86.80M	$106.4M	$80.70M
YoY Change	4.28%	7.42%	5.1%	5.17%	8.43%	5.67%	16.35%	17.7%	8.42%	10.68%	2.78%	11.19%	-18.42%	31.85%	20.99%
Net Earnings / Revenue	9.75%	8.6%	11.41%	12.84%	11.3%	10.54%	10.59%	9.82%	7.69%	6.04%	5.87%	7.01%	5.35%	5.85%	4.39%
Basic Earnings Per Share	$4.16	$4.09	$3.85	$3.70	$3.53	$3.27	$3.10	$2.67	$2.26	$2.10	$1.90	$1.84
Diluted Earnings Per Share	$4.14	$4.08	$3.85	$3.68	$3.51	$3.25	$3.08	$2.65	$2.24	$2.07	$1.90	$1.84	$1.682M	$2.062M	$1.564M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Cash & Short-Term Investments	$18.84M	$9.681M	$8.852M	$8.000M	$17.90M	$21.30M	$14.40M	$14.70M	$2.400M	$11.90M	$3.200M	$4.000M	$4.500M
YoY Change	94.56%	9.37%	10.65%	-55.31%	-15.96%	47.92%	-2.04%	512.5%	-79.83%	271.88%	-20.0%	-11.11%
Cash & Equivalents	$18.84M	$9.681M	$8.852M	$8.000M	$17.90M	$21.30M	$14.40M	$14.70M	$2.400M	$11.90M	$3.200M	$4.000M	$4.500M
Short-Term Investments
Other Short-Term Assets	$133.8M	$314.0M	$1.639B	$92.20M	$68.30M	$74.90M	$106.0M	$102.4M	$49.70M	$72.20M	$75.90M	$89.80M	$54.00M
YoY Change	-57.4%	-80.85%	1678.11%	34.99%	-8.81%	-29.34%	3.52%	106.04%	-31.16%	-4.87%	-15.48%	66.3%
Inventory	$264.7M	$340.1M	$234.5M	$146.7M	$160.0M	$151.6M	$169.8M	$159.5M	$175.5M	$212.8M	$166.1M	$103.0M	$133.1M
Prepaid Expenses
Receivables	$347.9M	$553.8M	$341.8M	$293.0M	$260.0M	$295.4M	$298.8M	$290.9M	$216.3M	$326.7M	$357.0M	$260.3M	$272.9M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.400M	$38.90M	$43.80M	$0.00	$0.00	$0.00
Total Short-Term Assets	$765.2M	$1.218B	$2.225B	$539.9M	$506.2M	$543.3M	$589.0M	$568.9M	$482.8M	$667.5M	$602.2M	$457.1M	$464.5M
YoY Change	-37.16%	-45.27%	312.03%	6.66%	-6.83%	-7.76%	3.53%	17.83%	-27.67%	10.84%	31.74%	-1.59%
Property, Plant & Equipment	$6.156B	$5.652B	$5.222B	$4.904B	$4.599B	$4.284B	$4.008B	$3.732B	$3.512B	$3.294B	$3.045B	$2.827B	$2.610B
YoY Change	8.92%	8.24%	6.47%	6.63%	7.37%	6.89%	7.4%	6.26%	6.62%	8.17%	7.71%	8.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$398.0M	$424.9M	$797.9M	$426.6M	$444.7M	$483.7M	$452.3M	$484.3M	$482.1M	$530.0M	$41.50M	$49.30M	$53.30M
YoY Change	-6.32%	-46.75%	87.03%	-4.07%	-8.06%	6.94%	-6.61%	0.46%	-9.04%	1177.11%	-15.82%	-7.5%
Total Long-Term Assets	$7.006B	$6.559B	$6.178B	$5.489B	$5.202B	$4.925B	$4.618B	$4.374B	$4.152B	$3.982B	$3.244B	$3.034B	$2.821B
YoY Change	6.82%	6.17%	12.55%	5.51%	5.62%	6.66%	5.58%	5.34%	4.28%	22.73%	6.92%	7.56%
Total Assets	$7.771B	$7.776B	$8.402B	$6.029B	$5.708B	$5.469B	$5.207B	$4.943B	$4.635B	$4.649B	$3.847B	$3.491B	$3.286B
YoY Change
Accounts Payable	$278.1M	$360.5M	$258.6M	$152.3M	$120.5M	$174.5M	$143.7M	$132.0M	$107.5M	$159.1M	$169.5M	$137.3M	$132.9M
YoY Change	-22.87%	39.43%	69.77%	26.39%	-30.95%	21.43%	8.86%	22.79%	-32.43%	-6.14%	23.45%	3.31%
Accrued Expenses	$74.79M	$84.05M	$73.84M	$70.80M	$54.50M	$96.90M	$90.20M	$84.40M	$87.60M	$89.60M	$37.20M	$30.00M	$29.80M
YoY Change	-11.02%	13.84%	4.29%	29.91%	-43.76%	7.43%	6.87%	-3.65%	-2.23%	140.86%	24.0%	0.67%
Deferred Revenue
YoY Change
Short-Term Debt	$88.50M	$552.0M	$494.0M	$418.2M	$516.5M	$299.5M	$357.2M	$145.0M	$12.50M	$42.00M	$445.0M	$294.1M	$235.4M
YoY Change	-83.97%	11.74%	18.13%	-19.03%	72.45%	-16.15%	146.34%	1060.0%	-70.24%	-90.56%	51.31%	24.94%
Long-Term Debt Due	$800.4M	$20.72M						$0.00	$0.00	$0.00	$0.00	$200.0K	$300.0K
YoY Change	3763.75%										-100.0%	-33.33%
Total Short-Term Liabilities	$1.477B	$1.189B	$980.5M	$797.1M	$872.7M	$698.9M	$673.3M	$443.9M	$304.2M	$392.4M	$769.1M	$578.7M	$538.5M
YoY Change	24.2%	21.31%	23.01%	-8.66%	24.87%	3.8%	51.68%	45.92%	-22.48%	-48.98%	32.9%	7.47%
Long-Term Debt	$2.160B	$2.662B	$3.683B	$1.582B	$1.286B	$1.286B	$1.193B	$1.192B	$1.192B	$1.201B	$1.029B	$1.029B	$913.9M
YoY Change	-18.84%	-27.74%	132.77%	23.04%	0.05%	7.73%	0.08%	0.06%	-0.8%	16.76%	-0.01%	12.59%
Other Long-Term Liabilities	$615.4M	$642.4M	$693.4M	$759.1M	$737.5M	$789.2M	$780.1M	$379.6M	$345.5M	$366.8M	$66.00M	$79.60M	$86.90M
YoY Change	-4.19%	-7.37%	-8.65%	2.93%	-6.55%	1.17%	105.51%	9.87%	-5.81%	455.76%	-17.09%	-8.4%
Total Long-Term Liabilities	$2.776B	$3.304B	$4.377B	$2.342B	$2.024B	$2.075B	$1.973B	$1.572B	$1.537B	$1.568B	$1.095B	$1.109B	$1.001B
YoY Change	-15.99%	-24.51%	86.92%	15.71%	-2.46%	5.13%	25.53%	2.26%	-1.97%	43.22%	-1.24%	10.77%
Total Liabilities	$5.005B	$5.192B	$6.053B	$3.795B	$3.579B	$3.426B	$3.247B	$3.055B	$2.793B	$2.855B	$2.608B	$2.337B	$2.127B
YoY Change	-3.6%	-14.22%	59.47%	6.05%	4.46%	5.52%	6.29%	9.35%	-2.17%	9.5%	11.6%	9.84%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding	55.60M shares	54.21M shares	53.58M shares	53.13M shares	52.90M shares	52.69M shares	52.53M shares	52.45M shares	52.58M shares	52.36M shares	52.32M shares	52.32M shares
Diluted Shares Outstanding	55.86M shares	54.34M shares	53.67M shares	53.37M shares	53.24M shares	53.03M shares	52.98M shares	52.96M shares	53.25M shares	52.95M shares	52.32M shares	52.32M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $4.2446 Billion

About ONE Gas, Inc.

ONE Gas, Inc. engages in the provision of natural gas distribution services. The company is headquartered in Tulsa, Oklahoma and currently employs 3,900 full-time employees. The company went IPO on 2014-01-16. The firm operates through a single segment, regulated public utilities, which delivers natural gas to residential, commercial and transportation customers. The firm provides natural gas distribution services to approximately 2.3 million customers. The firm has three divisions: Oklahoma Natural Gas, Kansas Gas Service and Texas Gas Service. The company primarily serves residential, commercial and transportation customers in all three states. The Company’s natural gas distribution markets in terms of customers are Oklahoma City and Tulsa, Oklahoma; Kansas City, Wichita and Topeka, Kansas; and Austin and El Paso, Texas. The company distributes natural gas to approximately 89%, 71% and 13% of the natural gas distribution customers in Oklahoma, Kansas and Texas, respectively.

Industry: Natural Gas Distribution Peers: ATMOS ENERGY CORP Brookfield Infrastructure Corp CHESAPEAKE UTILITIES CORP SPIRE INC NATIONAL FUEL GAS CO NEW JERSEY RESOURCES CORP SOUTH JERSEY INDUSTRIES INC Southwest Gas Holdings, Inc. UGI CORP /PA/