One Gas Inc (OGS)

Net profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 222,850 231,232 221,742 206,434 196,412
Revenue US$ in thousands 2,083,560 2,371,990 2,578,000 1,808,600 1,530,270
Net profit margin 10.70% 9.75% 8.60% 11.41% 12.84%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $222,850K ÷ $2,083,560K
= 10.70%

The trend in One Gas Inc's net profit margin over the years displays a gradual decrease from 12.84% as of December 31, 2020, to 11.41% in 2021, further declining to 8.60% in 2022. However, there was a slight improvement in the net profit margin in 2023 at 9.75% and a subsequent increase to 10.70% as of December 31, 2024. This fluctuation in net profit margin indicates varying levels of profitability relative to revenue across the years, with a notable recovery in profitability in the most recent period evaluated.