One Gas Inc (OGS)

Net profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net income US$ in thousands 231,232 221,742 206,434 196,412 186,749
Revenue US$ in thousands 2,371,990 2,578,000 1,808,600 1,530,270 1,652,730
Net profit margin 9.75% 8.60% 11.41% 12.84% 11.30%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $231,232K ÷ $2,371,990K
= 9.75%

The net profit margin for ONE Gas Inc has exhibited fluctuations over the past five years. In 2023, the net profit margin was 9.75%, representing an increase from the prior year's margin of 8.60%. However, this is still lower compared to the margins in 2021 and 2020, which stood at 11.41% and 12.84%, respectively. In 2019, the net profit margin was comparable to the recent year at 11.30%.

Overall, the trend in ONE Gas Inc's net profit margin shows variations in profitability levels over the years, with a recent uptick in 2023. It is essential for the company to closely monitor and manage its expenses and revenue generation to maintain or improve its profitability in the future.


Peer comparison

Dec 31, 2023