One Gas Inc (OGS)

Return on total capital

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
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 403,687 387,399 383,325 379,549 384,492 383,096 372,584 360,974 349,331 328,155 320,312 317,279 307,050 305,135 306,010 297,812 295,288 292,476 288,979 291,650
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — — — — —
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
Return on total capital 13.00% 13.77% 13.56% 13.41% 13.90% 14.47% 14.03% 13.61% 13.52% 13.41% 13.05% 12.95% 13.07% 13.18% 13.21% 12.97% 13.22% 13.29% 13.18% 13.32%

December 31, 2024 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $403,687K ÷ ($—K + $3,104,550K)
= 13.00%

One Gas Inc's return on total capital has shown some fluctuation over the past few years. The ratio started at 13.32% as of March 31, 2020, and remained relatively stable around the 13% range until March 31, 2021, where it dipped to 12.97%. However, it saw a slight recovery in the following quarters, reaching 13.41% by June 30, 2022.

From June 30, 2022, to September 30, 2023, there was a continuous increase in return on total capital, reaching a peak of 14.47%. However, by December 31, 2023, the ratio retreated to 13.90%, showing some volatility in performance.

The final data point available is for December 31, 2024, where the return on total capital stood at 13.00%. Overall, One Gas Inc's return on total capital has shown some variability over the years, signaling fluctuations in the company's efficiency in generating profits from its total invested capital.