One Gas Inc (OGS)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 8,425,570 | 7,770,990 | 7,776,400 | 8,402,120 | 6,028,710 |
| Operating ROA | 4.74% | 4.86% | 4.50% | 3.69% | 5.03% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $399,044K ÷ $8,425,570K
= 4.74%
Operating ROA for One Gas Inc has shown some fluctuation over the past five years. The ratio decreased from 5.03% in December 31, 2020 to 3.69% in December 31, 2021, indicating a decline in the company's operating efficiency in generating profits from its assets during that period. However, there was a modest improvement in operating ROA to 4.50% by December 31, 2022, and further to 4.86% by December 31, 2023. Despite a slight drop to 4.74% by December 31, 2024, the overall trend suggests that the company has been able to enhance its operational performance in utilizing its assets to generate returns.
Peer comparison
Dec 31, 2024