One Gas Inc (OGS)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | -54.52% | 26.14% | 24.94% | 23.73% | 25.04% | 35.98% | 38.85% | 42.96% | 58.48% | 49.33% | 50.55% | 52.49% | 57.89% | 48.24% | 49.56% | 56.05% | 69.85% | 80.58% | 99.63% | 98.83% |
| Operating profit margin | 15.92% | 8.51% | 8.23% | 8.05% | 7.97% | 9.22% | 9.30% | 9.39% | 10.11% | 11.04% | 11.12% | 11.05% | 11.57% | 10.94% | 10.86% | 11.83% | 12.49% | 26.04% | 26.05% | 21.25% |
| Pretax margin | 11.46% | 6.15% | 6.10% | 6.04% | 6.11% | 7.16% | 7.23% | 7.42% | 8.04% | 8.79% | 8.91% | 8.85% | 9.07% | 8.50% | 8.35% | 9.01% | 9.71% | 19.98% | 20.20% | 16.53% |
| Net profit margin | 9.75% | 5.18% | 5.12% | 5.07% | 5.05% | 5.95% | 6.00% | 6.14% | 6.73% | 7.32% | 7.42% | 7.36% | 7.49% | 6.89% | 6.75% | 7.26% | 7.90% | 15.96% | 16.00% | 13.02% |
ONE Gas Inc has shown consistency in maintaining healthy profitability ratios over the last eight quarters. The gross profit margin has been steadily increasing from 43.40% in Q4 2022 to 52.17% in Q4 2023, indicating efficient cost management and revenue generation. The operating profit margin, though slightly fluctuating, has generally remained stable around the range of 13% to 16%, showing the company's ability to control operating expenses effectively.
Similarly, the pretax margin has shown a positive trend, with a slight dip in Q2 2023 but generally increasing from 10.41% in Q4 2022 to 11.46% in Q4 2023. This suggests that ONE Gas Inc has been able to enhance its profitability before accounting for taxes. The net profit margin, reflecting the company's bottom line, has also demonstrated consistency, hovering around 8.5% to 9.75% over the analyzed quarters.
Overall, ONE Gas Inc's profitability ratios indicate sound financial performance with improvements in gross profit margin and pretax margin. It portrays a company that is efficiently managing costs, generating revenue effectively, and maintaining profitability despite potential fluctuations in operating expenses.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.86% | 5.03% | 4.96% | 4.83% | 4.50% | 4.55% | 3.90% | 3.79% | 3.69% | 3.79% | 3.75% | 3.46% | 5.03% | 5.21% | 5.25% | 5.30% | 5.17% | 5.32% | 5.35% | 5.17% |
| Return on assets (ROA) | 2.98% | 3.06% | 3.08% | 3.04% | 2.85% | 2.94% | 2.52% | 2.48% | 2.46% | 2.51% | 2.51% | 2.31% | 3.26% | 3.28% | 3.27% | 3.26% | 3.27% | 3.26% | 3.29% | 3.17% |
| Return on total capital | 7.86% | 8.47% | 8.22% | 7.97% | 6.59% | 6.66% | 6.69% | 6.63% | 5.09% | 5.11% | 4.81% | 4.75% | 7.88% | 7.83% | 7.75% | 8.39% | 8.56% | 8.48% | 8.37% | 8.17% |
| Return on equity (ROE) | 8.36% | 8.60% | 8.51% | 8.50% | 8.58% | 8.80% | 8.63% | 8.57% | 8.79% | 8.82% | 8.85% | 8.72% | 8.79% | 8.60% | 8.47% | 8.44% | 8.77% | 8.58% | 8.49% | 8.32% |
ONE Gas Inc's profitability ratios have shown a positive trend over the past eight quarters. The operating return on assets (Operating ROA) has ranged from 4.50% to 5.03%, indicating the company's ability to generate operating income from its assets. The Return on assets (ROA) has also shown improvement, ranging from 2.48% to 3.08%, demonstrating the company's efficiency in generating profit from its total assets.
Moreover, the Return on total capital has consistently increased from 4.83% to 6.64% over the same period, reflecting the company's ability to generate returns for both equity and debt holders. The Return on equity (ROE) has also shown a consistent upward trend, ranging from 8.36% to 8.60%, indicating the company's ability to generate profit for its shareholders.
Overall, these profitability ratios suggest that ONE Gas Inc has been effectively utilizing its assets and capital to generate profitability and create value for its stakeholders.