One Gas Inc (OGS)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 406,471 | 387,066 | 345,774 | 307,051 | 298,445 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,104,550 | 2,765,880 | 2,584,430 | 2,349,530 | 2,233,310 |
| Return on total capital | 13.09% | 13.99% | 13.38% | 13.07% | 13.36% |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $406,471K ÷ ($—K + $3,104,550K)
= 13.09%
One Gas Inc has maintained a relatively stable return on total capital over the years, ranging from 13.07% to 13.99%. The return on total capital indicates the efficiency of the company in generating profit from all of its capital, including both debt and equity. Despite slight fluctuations, the company has managed to consistently generate returns above 13%, demonstrating its ability to effectively utilize its capital to generate profits. This suggests that the company is efficiently managing its financial resources and generating a satisfactory return for its investors. Monitoring this ratio over time can provide valuable insights into the company's financial performance and efficiency in utilizing its capital.
Peer comparison
Dec 31, 2024