Stock AnalizONE Gas, Inc. OGS
Oil/Gas Transmission · IPO 2014 · data as of November 13, 2026
ONE Gas, Inc. (OGS) is a utility company listed in the US with a market value of about $5.3B. In the twelve months to September 30, 2026 it had revenue of $2.3B and net income of $293M, a net margin of 12.6%.
Its overall Stock Analiz score is 1.8 out of 5 (weak). The strongest part is shareholder returns (3/5); the weakest is financial health (0/5).
Key numbers: a P/E of 17.8, 5-year revenue growth of 10% a year, a 5-year average ROIC of 6%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 43% below the current price.
Score: 1.8 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- Revenue growth above 10% last year
- Profit margin improving
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- Pays a dividend
- Dividend 3 years in a row
Checks not passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.3B | $2.4B | $2.1B | $2.4B | $2.6B | $1.8B | $1.5B | $1.7B | $1.6B | $1.5B | $1.4B |
| Net income | $293M | $264M | $223M | $231M | $222M | $206M | $196M | $187M | $172M | $163M | $140M |
| Free cash flow | -$159M | -$128M | -$335M | $273M | $961M | -$2.0B | -$107M | -$107M | $73M | -$103M | -$18M |
| EPS (diluted) | $4.70 | $4.37 | $3.91 | $4.14 | $4.08 | $3.85 | $3.68 | $3.51 | $3.25 | $3.08 | $2.65 |
| Net margin | 12.6% | 10.9% | 10.7% | 9.8% | 8.6% | 11.4% | 12.8% | 11.3% | 10.5% | 10.6% | 9.8% |
| ROIC | — | 6.2% | 6.2% | 5.6% | 5.5% | 4.3% | 6.5% | 6.9% | 6.5% | 6.4% | 5.8% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 9 analysts is $86.17, 3% above the current price; targets range from $78.00 to $95.00; the consensus rating is “Buy”; expected EPS is $4.98 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is ONE Gas’s P/E ratio?
About 17.8, based on the last twelve months of diluted earnings per share (forward P/E about 13.4).
Is ONE Gas stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 43% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does ONE Gas pay a dividend?
Yes. The dividend yield is about 3.30%, and it has paid dividends for 10 years in our data.
Is ONE Gas a good stock to buy?
We do not give buy or sell advice. ONE Gas scores 1.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.