One Gas Inc (OGS)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 399,044 | 377,590 | 349,957 | 310,258 | 303,516 |
| Revenue | US$ in thousands | 2,083,560 | 2,371,990 | 2,578,000 | 1,808,600 | 1,530,270 |
| Operating profit margin | 19.15% | 15.92% | 13.57% | 17.15% | 19.83% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $399,044K ÷ $2,083,560K
= 19.15%
One Gas Inc's operating profit margin has shown variability over the past five years. The margin decreased from 19.83% as of December 31, 2020, to 17.15% by December 31, 2021, indicating a decline in profitability relative to revenue. However, there was a further decrease to 13.57% by December 31, 2022, suggesting potential operational challenges or cost pressures within the company.
Nevertheless, there was a notable improvement in the operating profit margin to 15.92% by December 31, 2023, which may indicate successful efforts to enhance operational efficiency or reduce costs. The margin then increased to 19.15% by December 31, 2024, suggesting a rebound in profitability back to levels experienced in 2020.
Overall, the fluctuation in One Gas Inc's operating profit margin over the years reflects the dynamic nature of the company's operational performance and profitability, highlighting the importance of closely monitoring financial metrics to gauge business health and efficiency.
Peer comparison
Dec 31, 2024