One Gas Inc (OGS)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 222,850 | 231,232 | 221,742 | 206,434 | 196,412 |
| Total assets | US$ in thousands | 8,425,570 | 7,770,990 | 7,776,400 | 8,402,120 | 6,028,710 |
| ROA | 2.64% | 2.98% | 2.85% | 2.46% | 3.26% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $222,850K ÷ $8,425,570K
= 2.64%
The return on assets (ROA) of One Gas Inc has shown variations over the past five years, ranging from a high of 3.26% on December 31, 2020, to a low of 2.46% on December 31, 2021. Despite some fluctuations, the ROA has generally remained within a relatively narrow range, with a gradual increase to 2.98% by December 31, 2023, before slightly decreasing to 2.64% as of December 31, 2024. This suggests that the company has been moderately effective in generating profits relative to its total assets, with some room for improvement in optimizing asset utilization for future growth and profitability.
Peer comparison
Dec 31, 2024