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ONE Gas, Inc. (OGS)

NYSE Mid Cap

Utilities › Natural Gas Distribution

$86.15
Market Cap: $5.4B
Data as of Sep 30, 2025 (TTM)

Price History

Feb 9, 2026 — Apr 4, 2026

Investment Snapshot

  • Trading 38% above Graham Number — above intrinsic value estimate
  • Piotroski F-Score 3/9 — signs of financial weakness
  • ROE of 5.7% — below-average profitability
  • Dividend yield of 3.1%

ONE Gas, Inc. (OGS) is a Utilities company operating in Natural Gas Distribution, listed on the NYSE , with a market capitalisation of $5.4 billion . Key value metrics: P/E ratio 27.4, P/B ratio 1.57, Piotroski F-Score 3 out of 9 .

Value Score

Key Metrics

P/E Ratio
27.39
1.57
EPS
$3.15
Div. Yield
3.1%
PEG Ratio
P/S Ratio
EV/EBITDA
ROE
ROA
Gross Margin
Op. Margin
Net Margin
Debt/Equity
Current Ratio

Current vs 5-Year Average

Based on 5 years of SEC filings
Net Margin
↑ +2.1pp avg —
Gross Margin
↑ +2.1pp avg —
Operating Margin
↑ +2.1pp avg —
Return on Equity
↑ +2.1pp avg —
Debt / Equity
↑ +2.1pp avg —

Revenue & Net Income

EPS & Free Cash Flow Per Share

Financial Statements

Metric FY22 FY23 FY24
Revenue $X.XB $X.XB $X.XB
Gross Profit $X.XB $X.XB $X.XB
Operating Income $X.XB $X.XB $X.XB
Net Income $X.XB $X.XB $X.XB
EBITDA $X.XB $X.XB $X.XB
Total Assets $X.XB $X.XB $X.XB
Total Liabilities $X.XB $X.XB $X.XB
Data sourced from SEC EDGAR and Polygon.io. Methodology. View more Utilities stocks →

ONE Gas, Inc. — Fundamental Analysis Summary

ONE Gas, Inc. (OGS) is currently trading 38% above its Graham Number of $62.32, suggesting the market price exceeds Benjamin Graham's intrinsic value estimate. The stock carries an elevated trailing P/E ratio of 27.4x.

On financial health, OGS shows a weak Piotroski F-Score of 3/9, a signal of deteriorating financial health, and modest return on equity of 5.7% (sector average: 6.7%), and manageable leverage with a debt-to-equity ratio of 0.77.

StockPik's composite Value Score for OGS is 43/100 — reflecting current market or financial concerns. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.

OGS reports a solid gross margin of 57.2% (sector average: 42.5%) and a solid operating margin of 17.2%.

OGS shows earnings growing at 19%.

OGS pays a solid dividend yield of 3.1%.

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How is the Value Score calculated?
Read our full methodology →
How is the Graham Number calculated?
Benjamin Graham's intrinsic value formula, worked examples, and how to use it →
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