One Gas Inc (OGS)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 259,236 | 256,604 | 262,618 | 268,042 | 271,728 | 270,396 | 269,393 | 268,948 | 268,268 | 258,659 | 254,975 | 253,266 | 246,749 | 245,441 | 246,166 | 240,768 | 237,991 | 233,332 | 229,594 | 229,062 |
| Revenue (ttm) | US$ in thousands | 2,083,558 | 2,058,772 | 2,054,190 | 2,098,167 | 2,371,987 | 2,584,278 | 2,607,825 | 2,638,686 | 2,578,005 | 2,353,532 | 2,268,092 | 2,154,763 | 1,808,597 | 1,699,035 | 1,669,752 | 1,627,393 | 1,530,268 | 1,498,702 | 1,502,625 | 1,519,898 |
| Pretax margin | 12.44% | 12.46% | 12.78% | 12.78% | 11.46% | 10.46% | 10.33% | 10.19% | 10.41% | 10.99% | 11.24% | 11.75% | 13.64% | 14.45% | 14.74% | 14.79% | 15.55% | 15.57% | 15.28% | 15.07% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $259,236K ÷ $2,083,558K
= 12.44%
The pretax margin for One Gas Inc has shown a fluctuating trend over the analyzed period. The company's pretax margin ranged from a high of 15.57% in September 2020 to a low of 10.19% in March 2023. It experienced a gradual decline from an average of around 15% in 2020 to around 11% in 2022. However, there was a noticeable improvement in the pretax margin starting from December 2023, reaching 12.78% in June 2024. This indicates that the company has managed to increase its profitability before accounting for taxes in recent periods after facing challenges with its margins in previous years. Further monitoring of the pretax margin will be necessary to assess the company's ongoing financial performance and efficiency.
Peer comparison
Dec 31, 2024