← ONE Gas, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $14.7m | $14.4m | $21.3m | $17.9m | $8.0m | $8.9m | $9.7m | $18.8m | $58.0m | $10.6m | |
| Short-term Investments | — | — | — | — | — | — | — | — | $45.4m | $0 | |
| Cash and cash equivalents | $14.7m | $14.4m | $21.3m | $17.9m | $8.0m | $8.9m | $9.7m | $18.8m | $58.0m | $10.6m | |
| Restricted cash and cash equivalents | — | — | — | — | — | $0 | $8.4m | $20.6m | $20.5m | $23.1m | |
| Cash, cash equivalents, restricted cash and restricted cash equivalents | — | — | — | — | — | $8.9m | $18.1m | $39.4m | $78.5m | $33.7m | |
| Accounts receivable, net | $290.9m | $298.8m | $295.4m | $260.0m | $293.0m | $341.8m | $553.8m | $347.9m | $408.4m | $461.6m | |
| Income taxes receivable | $1.4m | — | — | — | — | — | — | $3.9m | $53.6m | $55.6m | |
| Other current assets | $19.3m | $17.8m | $20.5m | $20.9m | $35.4m | $27.7m | $30.0m | $37.9m | $35.2m | $41.4m | |
| Assets, Current | $568.9m | $589.0m | $543.3m | $506.2m | $539.9m | $2.2b | $1.2b | $765.2m | $929.9m | $915.9m | |
| Total current assets | $568.9m | $589.0m | $543.3m | $506.2m | $539.9m | $2.2b | $1.2b | $765.2m | $929.9m | $915.9m | |
| Property, Plant and Equipment, Net | $5.4b | $5.7b | $6.1b | $6.4b | $6.8b | $7.3b | $7.8b | $8.5b | $6.6b | $7.1b | |
| Goodwill | $158.0m | $158.0m | $158.0m | $158.0m | $158.0m | $158.0m | $158.0m | $158.0m | $158.0m | $158.0m | |
| Other intangible assets, net | — | — | — | — | — | — | $323.8m | $293.6m | $266.0m | $233.8m | |
| Total goodwill and other assets | $642.2m | $610.3m | $641.6m | $636.9m | $621.8m | $986.7m | $929.9m | $870.6m | $849.8m | $815.0m | |
| Operating Lease, Right-of-Use Asset | — | — | $32.0m | $34.2m | $37.2m | — | $23.3m | $21.0m | $17.5m | $13.3m | |
| Other Assets, Noncurrent | $43.8m | $47.2m | $46.2m | $87.9m | $96.9m | $103.9m | $117.3m | $94.6m | $105.0m | $120.0m | |
| Other assets | $43.8m | $47.2m | $46.2m | $87.9m | $96.9m | $103.9m | $117.3m | $131.1m | $105.0m | $120.0m | |
| Additional Financial Items | |||||||||||
| Accrued Liabilities, Current | $22.9m | $30.1m | $30.3m | — | — | — | — | — | — | — | |
| Accumulated depreciation and amortization | $1.7b | $1.7b | $1.8b | $1.9b | $2.0b | $2.1b | $2.2b | $2.3b | $2.5b | $2.6b | |
| Materials and supplies | $34.1m | $39.7m | $44.3m | $55.7m | $52.8m | $54.9m | $70.9m | $77.6m | $91.7m | $97.6m | |
| Natural gas in storage | $125.4m | $130.2m | $107.3m | $104.3m | $93.9m | $179.6m | $269.2m | $187.1m | $161.2m | $176.5m | |
| Regulatory assets, current | $83.1m | $88.2m | $54.4m | $47.4m | $56.8m | $1.6b | $275.6m | $75.3m | $101.2m | $49.5m | |
| Regulatory assets, noncurrent | $440.5m | $405.2m | $437.5m | $391.0m | $367.0m | $724.9m | $330.8m | $287.9m | $278.0m | $256.2m | |
| Securitized utility tariff bonds, excluding current maturities, net of issuance costs | — | — | — | — | — | $0 | $309.3m | $282.5m | $253.6m | $223.0m | |
| Current maturities of securitized utility tariff bonds, net of issuance costs | — | — | — | — | — | $0 | $20.7m | $27.4m | $29.0m | $30.6m | |
| Regulatory liability, current | $11.9m | $18.9m | $48.4m | $45.2m | $15.8m | $8.1m | $47.9m | $66.9m | $22.5m | $57.3m | |
| Customer deposits | $61.2m | $60.8m | $61.2m | $58.0m | $68.0m | $62.5m | $57.9m | $62.2m | $56.2m | $52.9m | |
| Other current liabilities | $9.5m | $21.5m | $18.4m | $84.6m | $79.0m | $90.4m | $72.1m | $112.4m | $99.0m | $106.4m | |
| Deferred income taxes | $1.0b | $599.9m | $652.4m | $682.6m | $656.8m | $695.3m | $698.5m | $752.1m | $891.7m | $963.9m | |
| Regulatory liability, noncurrent | $0 | $519.4m | $520.9m | $503.5m | $547.6m | $552.9m | $529.4m | $500.5m | $467.6m | $451.6m | |
| Employee benefit obligations | $303.5m | $172.9m | $178.7m | $115.7m | $97.6m | $35.2m | $19.6m | $20.3m | ($18.7m) | ($18.6m) | |
| Other deferred credits | $76.1m | $87.8m | $89.6m | $118.3m | $113.9m | $105.3m | $93.3m | $94.7m | $118.2m | $109.6m | |
| Total equity | $1.9b | $2.0b | $2.0b | $2.1b | $2.2b | $2.3b | $2.6b | $2.8b | $3.1b | $3.4b | |
| Total deferred credits and other liabilities | $1.4b | $1.4b | $1.4b | $1.4b | $1.4b | $1.4b | $1.3b | $1.4b | $1.5b | $1.5b | |
| Assets | $4.9b | $5.2b | $5.5b | $5.7b | $6.0b | $8.4b | $7.8b | $7.8b | $8.4b | $8.9b | |
| Total assets | $4.9b | $5.2b | $5.5b | $5.7b | $6.0b | $8.4b | $7.8b | $7.8b | $8.4b | $8.9b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $6.5m | $7.0m | — | $5.7m | $6.0m | $5.2m | $4.9m | |
| Accounts Payable, Current | $132.0m | $143.7m | $174.5m | $120.5m | $152.3m | $258.6m | $360.5m | $278.1m | $261.3m | $222.1m | |
| Long-term Debt, Current Maturities | $7k | $1.2b | $1.3b | $1.3b | $1.6b | $3.7b | $20.7m | $773.0m | $14k | $249.7m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $28.0m | $30.8m | — | $17.4m | $14.3m | $11.4m | $7.6m | |
| Long-term Debt, Excluding Current Maturities | $1.2b | $1.2b | $1.3b | $1.3b | $1.6b | $3.7b | $2.7b | $2.2b | $2.4b | $2.4b | |
| Other long-term debt, noncurrent, net of issuance costs | — | — | — | — | — | $3.7b | $2.4b | $1.9b | $2.1b | $2.1b | |
| Long-Term debt, excluding current maturities, total, net of issuance costs | $1.2b | $1.2b | $1.3b | $1.3b | $1.6b | $3.7b | $2.7b | $2.2b | $2.4b | $2.4b | |
| Long-term debt, current maturities, net of issuance costs | $7k | — | — | — | — | $0 | $20.7m | $773.0m | $14k | $249.7m | |
| Short-term debt | $145.0m | $357.2m | $299.5m | $516.5m | $418.2m | $494.0m | $552.0m | $88.5m | $914.6m | $737.4m | |
| Accrued taxes other than income | $42.6m | $41.3m | $47.6m | $48.0m | $63.8m | $67.0m | $78.4m | $68.8m | $75.6m | $75.6m | |
| Liabilities, Current | $443.9m | $673.3m | $698.9m | $872.7m | $797.1m | $980.5m | $1.2b | $1.5b | $1.5b | $1.5b | |
| Total current liabilities | $443.9m | $673.3m | $698.9m | $872.7m | $797.1m | $980.5m | $1.2b | $1.5b | $1.5b | $1.5b | |
| Deferred Income Tax Liabilities, Net | — | — | — | — | — | $695.3m | $698.5m | $752.1m | $891.7m | $963.9m | |
| Other Liabilities, Noncurrent | $76.1m | $87.8m | $89.6m | $118.3m | $113.9m | $105.3m | $93.3m | $114.9m | $118.2m | $109.6m | |
| Pension and other postemployment benefits | — | — | — | — | — | — | — | $36.5m | $42.9m | $47.0m | |
| Deferred Tax Liabilities, Net | $1.0b | $599.9m | $652.4m | $682.6m | $656.8m | $695.3m | $698.5m | $70.4m | — | — | |
| Total equity and long-term debt | $3.1b | $3.2b | $3.3b | $3.4b | $3.8b | $6.0b | $5.2b | $4.9b | $5.5b | $5.8b | |
| Stockholders’ equity: | |||||||||||
| Common Stock, Value, Issued | $526k | $526k | $526k | $528k | $532k | $536k | $553k | $565k | $599k | $627k | |
| Additional Paid in Capital | $1.7b | $1.7b | $1.7b | $1.7b | $1.8b | $1.8b | $1.9b | $2.0b | $2.3b | $2.5b | |
| Retained Earnings (Accumulated Deficit) | $161.0m | $246.1m | $320.9m | $402.5m | $483.6m | $565.2m | $651.9m | $737.7m | $809.6m | $909.4m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($4.7m) | ($5.5m) | ($4.1m) | ($6.7m) | ($7.8m) | ($6.5m) | ($704k) | ($1.2m) | ($126k) | $4k | |
| Common stock, $0.01 par value: authorized 250,000,000 shares; issued and outstanding 62,692,392 shares at December 31, 2025; issued and outstanding 59,876,861 shares at December 31, 2024 | 526k | 526k | 526k | 528k | 532k | 536k | 553k | 565k | 599k | 627k | |
| Stockholders' Equity Attributable to Parent | $1.9b | $2.0b | $2.0b | $2.1b | $2.2b | $2.3b | $2.6b | $2.8b | $3.1b | $3.4b | |
| Liabilities and Equity | $4.9b | $5.2b | $5.5b | $5.7b | $6.0b | $8.4b | $7.8b | $7.8b | $8.4b | $8.9b | |
| Total liabilities and equity | $4.9b | $5.2b | $5.5b | $5.7b | $6.0b | $8.4b | $7.8b | $7.8b | $8.4b | $8.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.