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
Total Revenue $1.4b $1.5b $1.6b $1.7b $1.5b $1.8b $2.6b $1.1b $778.3m $998.9m
Cost of Revenue $1.2b $1.2b $1.3b $1.4b $1.2b $1.5b $1.5b $756.9m $379.4m $541.4m
Gross Profit (derived) $885.4m $925.1m $288.4m $295.3m $303.5m $310.3m $1.1b $1.2b $1.3b $1.4b
Total operating expenses $616.3m $625.7m $630.7m $669.5m $689.3m $723.3m $769.0m $859.9m $906.2m $971.0m
Operating Income (Loss) $269.1m $299.5m $288.4m $295.3m $303.5m $310.3m $350.0m $377.6m $398.9m $457.5m
Additional Financial Items
Amortization of Intangible Assets $3.5m $30.2m
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0
Operations and maintenance $417.1m $416.5m $411.7m $429.1m $431.1m $449.7m $472.3m $508.4m $530.1m $558.5m
Depreciation and amortization $143.8m $151.9m $160.1m $180.4m $194.9m $207.2m $228.5m $279.8m $296.7m $317.3m
General taxes $55.3m $57.2m $58.9m $60.0m $63.3m $66.4m $68.2m $71.7m $79.4m $95.3m
Income taxes ($85.2m) ($93.1m) ($53.5m) ($42.9m) ($41.6m) ($40.3m) ($46.5m) ($40.5m) ($36.4m) ($57.2m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $225.3m $256.1m $225.8m $229.6m $238.0m $246.8m $268.3m $271.7m $259.2m $321.5m
Income before income taxes $225.3m $256.1m $225.8m $229.6m $238.0m $246.8m $268.3m $271.7m $259.2m $321.5m
Net Income (Loss) Attributable to Parent $140.1m $163.0m $172.2m $186.7m $196.4m $206.4m $221.7m $231.2m $222.8m $264.2m
Earnings Per Share, Basic $2.67 $3.10 $3.27 $3.53 $3.70 $3.85 $4.09 $4.16 $3.92 $4.39
Earnings Per Share, Diluted $2.65 $3.08 $3.25 $3.51 $3.68 $3.85 $4.08 $4.14 $3.91 $4.37
Common Stock, Dividends, Per Share, Declared $1.40 $1.68 $1.84 $2.00 $2.16 $2.32 $2.48 $2.60 $2.64 $2.68
Weighted Average Number of Shares Outstanding, Basic 52.5m 52.5m 52.7m 52.9m 53.1m 53.6m 54.2m 55.6m 56.8m 60.2m
Weighted Average Number of Shares Outstanding, Diluted 53.0m 53.0m 53.0m 53.2m 53.4m 53.7m 54.3m 55.9m 57.0m 60.5m
Other Nonoperating Income (Expense) $19.9m $14.5m ($11.4m) ($3.0m) ($3.0m) ($3.2m) ($4.2m) $9.5m $7.6m $6.8m
Current Income Tax Expense (Benefit) ($1.5m) $750k $289k $29.5m $23.1m ($3.1m) $68.6m $15.7m ($70.1m) $7.7m
Interest Expense $43.7m $46.1m $51.3m $62.7m $62.5m $60.3m $77.5m $115.3m $147.2m $142.8m
Operating Lease, Expense $8.5m $8.4m $8.2m $7.8m
Utilities Operating Expense, Gas and Petroleum Purchased $541.8m $614.5m $714.6m $688.0m $537.4m $775.0m $1.5b $1.1b $778.3m $998.9m
Cost of natural gas $541.8m $614.5m $714.6m $688.0m $537.4m $775.0m $1.5b $1.1b $778.3m $998.9m
Interest expense, net ($43.7m) ($46.1m) ($51.3m) ($62.7m) ($62.5m) ($60.3m) ($77.5m) ($115.3m) ($147.2m) ($142.8m)
Income Tax Expense (Benefit) $85.2m $93.1m $53.5m $42.9m $41.6m $40.3m $46.5m $40.5m $36.4m $57.2m
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component ($8.8m) ($5.9m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.