One Gas Inc (OGS)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 3,104,550 | 2,765,880 | 2,584,430 | 2,349,530 | 2,233,310 |
| ROE | 7.18% | 8.36% | 8.58% | 8.79% | 8.79% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $222,850K ÷ $3,104,550K
= 7.18%
The return on equity (ROE) of One Gas Inc has exhibited a gradual decline over the past five years. Starting at 8.79% on December 31, 2020, the ROE remained stable in the subsequent year at the same percentage. However, as of December 31, 2022, a slight decrease to 8.58% was observed, followed by a further decline to 8.36% by December 31, 2023. The most significant drop occurred by the end of December 31, 2024, where the ROE decreased to 7.18%. This trend suggests that the company's profitability in generating returns from shareholders' equity has been decreasing over the specified period, which may raise concerns regarding its operational efficiency and ability to create value for its shareholders.
Peer comparison
Dec 31, 2024