One Gas Inc (OGS)

Gross profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Gross profit (ttm) US$ in thousands 770,846 742,240 857,123 918,484 992,183 834,582 689,010 669,896 646,653 622,271 611,729 599,995 583,915 580,929 576,007 564,856 561,708 551,341 545,941 545,171
Revenue (ttm) US$ in thousands 2,083,558 2,058,772 2,054,190 2,098,167 2,371,987 2,584,278 2,607,825 2,638,686 2,578,005 2,353,532 2,268,092 2,154,763 1,808,597 1,699,035 1,669,752 1,627,393 1,530,268 1,498,702 1,502,625 1,519,898
Gross profit margin 37.00% 36.05% 41.73% 43.78% 41.83% 32.29% 26.42% 25.39% 25.08% 26.44% 26.97% 27.85% 32.29% 34.19% 34.50% 34.71% 36.71% 36.79% 36.33% 35.87%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $770,846K ÷ $2,083,558K
= 37.00%

The gross profit margin of One Gas Inc has shown some fluctuations over the provided periods. It started at 35.87% as of March 31, 2020, increasing gradually to reach a peak of 43.78% as of March 31, 2024. However, the margin decreased in the following quarters, reaching a low of 25.08% by December 31, 2022.

From early 2023, there was a mixed trend with some fluctuations, but with an overall increasing pattern up to December 31, 2024, where it stood at 37.00%. Overall, the gross profit margin of One Gas Inc demonstrates variability, indicating changes in its cost of goods sold relative to its revenue over time.