One Gas Inc (OGS)

Pretax margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before tax but after interest (EBT) US$ in thousands 259,236 271,727 268,268 246,750 237,991
Revenue US$ in thousands 2,083,560 2,371,990 2,578,000 1,808,600 1,530,270
Pretax margin 12.44% 11.46% 10.41% 13.64% 15.55%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $259,236K ÷ $2,083,560K
= 12.44%

The pretax margin of One Gas Inc has shown some fluctuations over the years. It stood at 15.55% on December 31, 2020, then decreased to 13.64% by December 31, 2021. Subsequently, the pretax margin decreased further to 10.41% by December 31, 2022. However, there was a slight improvement in the pretax margin to 11.46% by December 31, 2023, and it increased to 12.44% by December 31, 2024. It is important to continue monitoring this trend to understand the factors influencing these fluctuations and their implications for the financial health and profitability of One Gas Inc.