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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›OGS›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

ONE Gas, Inc. (OGS) financials

Income statement

ONE Gas, Inc. (OGS) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$1.43B$1.54B$1.63B$1.65B$1.53B$1.81B$2.58B———
Revenue growth—7.9%6.1%1.2%-7.4%18.2%42.5%———
Gross profit$885M$925M————————
Gross margin62.0%60.1%————————
Operating income$289M$317M$288M$295M$304M$310M$350M$378M$399M$457M
Operating margin20.2%20.6%17.7%17.9%19.8%17.2%13.6%———
Net income$140M$163M$172M$187M$196M$206M$222M$231M$223M$264M
Net margin9.8%10.6%10.5%11.3%12.8%11.4%8.6%———
EPS (diluted)$2.65$3.08$3.25$3.51$3.68$3.85$4.08$4.14$3.91$4.37

Cash flow

ONE Gas, Inc. (OGS) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$291M$254M$468M$310M$365M-$1.54B$1.57B$940M$368M$579M
Capital expenditures$309M$356M$394M$417M$471M$495M$609M$667M$703M$707M
Free cash flow-$18.5M-$103M$73.2M-$107M-$107M-$2.03B$961M$273M-$335M-$128M
Share buybacks$24.1M$17.5M$0.00$0.00——————
Dividends paid$73.2M$88.0M$96.6M$105M$114M$124M$134M$144M$149M$161M

Balance sheet

ONE Gas, Inc. (OGS) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$14.7M$14.4M$21.3M$17.9M$7.99M$8.85M$9.68M$18.8M$58.0M$10.6M
Total assets$4.94B$5.21B$5.47B$5.71B$6.03B$8.40B$7.78B$7.77B$8.43B$8.85B
Long-term debt$1.19B$1.19B$1.29B$1.29B$1.58B$3.68B$2.66B$2.16B$2.39B$2.36B
Shareholders' equity$1.89B$1.96B$2.04B$2.13B$2.23B$2.35B$2.58B$2.77B$3.10B$3.44B
Retained earnings$161M$246M$321M$403M$484M$565M$652M$738M$810M$909M
Shares (wtd avg diluted)53.0M53.0M53.0M53.2M53.4M53.7M54.3M55.9M57.0M60.5M

Every figure is extracted from ONE Gas, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is ONE Gas, Inc.'s free cash flow?
-$128M in FY2025 (operating cash flow $579M minus $707M of capital expenditures), from the SEC cash-flow statement.
Does OGS pay a dividend?
Yes — ONE Gas, Inc. paid $161M in cash dividends during FY2025, per its SEC cash-flow statement.
Full OGS analysis — verdict, score & filings →Is OGS a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.