One Gas Inc (OGS)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 775,114 | 729,081 | 646,653 | 583,915 | 561,708 |
| Revenue | US$ in thousands | 2,083,560 | 2,371,990 | 2,578,000 | 1,808,600 | 1,530,270 |
| Gross profit margin | 37.20% | 30.74% | 25.08% | 32.29% | 36.71% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $775,114K ÷ $2,083,560K
= 37.20%
The gross profit margin of One Gas Inc has fluctuated over the years based on the available data. It stood at 36.71% as of December 31, 2020, indicating a healthy level of profitability from its core operations. However, this margin declined to 32.29% by December 31, 2021, which could signal potential challenges in managing costs or pricing strategies.
Further, the gross profit margin decreased significantly to 25.08% by December 31, 2022, suggesting potential issues with cost control or revenue generation. However, there was a recovery by December 31, 2023, with the margin improving to 30.74%, indicating the company may have implemented strategies to enhance profitability.
As of December 31, 2024, the gross profit margin rebounded to 37.20%, surpassing the initial level in 2020. This improvement reflects positively on the company's ability to effectively manage costs, boost revenues, or enhance operational efficiencies.
Overall, analyzing the trend in gross profit margin can provide insights into One Gas Inc's operational performance and efficiency in generating profits from its core business activities over the specified period.
Peer comparison
Dec 31, 2024