One Gas Inc (OGS)

Fixed asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 2,083,560 2,371,990 2,578,000 1,808,600 1,530,270
Property, plant and equipment US$ in thousands — — 5,628,840 5,190,840 4,867,060
Fixed asset turnover — — 0.46 0.35 0.31

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $2,083,560K ÷ $—K
= —

The fixed asset turnover ratio of One Gas Inc has shown an improving trend over the years, increasing from 0.31 in December 31, 2020 to 0.46 in December 31, 2022. This indicates that the company is generating more revenue from its fixed assets, which is a positive sign of operational efficiency. However, it is notable that data for December 31, 2023 and December 31, 2024 is unavailable. It would be important to track this ratio in the upcoming years to assess the company's ability to effectively utilize its fixed assets to generate revenue.