One Gas Inc (OGS)

Return on equity (ROE)

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
Net income (ttm) US$ in thousands 222,850 216,561 222,482 227,928 231,232 227,531 226,043 225,429 221,742 215,222 211,774 209,792 206,433 204,252 205,078 200,310 196,412 189,243 185,621 184,766
Total stockholders’ equity US$ in thousands 3,104,550 2,812,620 2,826,870 2,829,980 2,765,880 2,646,750 2,654,830 2,651,480 2,584,430 2,446,270 2,453,600 2,449,390 2,349,530 2,315,100 2,317,270 2,296,600 2,233,310 2,200,020 2,191,990 2,189,010
ROE 7.18% 7.70% 7.87% 8.05% 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%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $222,850K ÷ $3,104,550K
= 7.18%

The return on equity (ROE) of One Gas Inc has shown a relatively stable trend over the past five years, starting at 8.44% in March 2020 and reaching a peak of 8.85% in June 2021. However, it has gradually declined since then to 7.18% in December 2024. This indicates a decrease in the company's profitability relative to its shareholders' equity over the period. It is important for the company to closely monitor and address the factors impacting its ROE to ensure sustainable growth and value creation for its investors.