NYSE · OGS
ONE Gas, Inc.
Utilities · Regulated Gas
$72.20▲ 0.75% ($0.54)at close
As of 4:00 PM ET
Market cap
$4.53B
P/E
15.82
EPS (TTM)
$4.56
Next earnings
Nov 2, 2026
Valuation
Revenue & margin DCF
Verdict: fairly priced. Price above Base.
The price needs 3.1% revenue growth a year for 10 years. Our scenarios assume 0.6–4.4%.
That's below its past 4-year pace of 7.6%.
Value per share
Base case
$50.91
Price used $72.20 is 42% above this
USD · TTM ending Jun 30, 2026 · Price Sep 29, 8:00 PM UTC
Revenue each value needs
Revenue today $2.3B. The price needs $3.2B by 2036. Base case: $2.5B. At its recent pace: $4.8B. Bear to Bull: $2.5B to $3.6B.
Revenue today $2.3B. The price needs $3.2B by 2036. Base case: $2.5B. At its recent pace: $4.8B. Bear to Bull: $2.5B to $3.6B.
Revenue in 2036
today $2.3B
+$647Mmore than the Base case · 1.3×
Value per share · Base case
$50.91
Price $72.20
42% above this
- 10-yr revenue CAGR
- 0.8%
- Ending operating margin
- 22.5%
- Discount rate
- 6.5%
USD · TTM ending Jun 30, 2026 · Price Sep 29, 8:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
What changed
The stock fell 10.63% over the last year. Revenue declined 0.78% over the trailing twelve months. Operating margin moved from 18.72% to 20.65%. Free cash flow declined 25.42% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 20.65%. A decisive move in revenue — currently down 0.78% — would be the clearest signal to resolve the ambiguity.
Return analysis
Company profile
ONE Gas, Inc., along with its affiliated companies, functions as a regulated natural gas utility across the United States.
Market multiples
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Analyst consensus
5
Buy
10
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Nov 2, 2026
Q3 FY26 · EPS est $0.50 · Revenue est $395.49M
View
Institutional Sentiment
ONE Gas, Inc. · OGS
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.