ONE Gas, Inc. (OGS) Financial Statements (2026 and earlier)

Company Profile

Business Address 15 EAST FIFTH STREET
TULSA, OK 74103
State of Incorp. OK
Fiscal Year End December 31
Industry (SIC) 4924 - Natural Gas Distribution (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10,62057,99518,8359,6818,8527,993
Cash and cash equivalent10,62057,99518,8359,6818,8527,993
Receivables461,631408,448347,864553,834341,756292,985
Inventory, net of allowances, customer advances and progress billings176,451161,184187,097269,205179,64693,946
Inventory176,451161,184187,097269,205179,64693,946
Regulatory asset49,504101,21075,308275,5721,611,67656,773
Other current assets41,42435,21637,89929,99727,74235,406
Other undisclosed current assets176,254165,82898,20179,31954,89252,766
Total current assets:915,884929,881765,2041,217,6082,224,564539,869
Noncurrent Assets
Operating lease, right-of-use asset 13,30017,50021,00023,300 37,200
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization 7,122,198     
Intangible asset, including goodwill, after accumulated amortization391,739423,904451,572481,791157,953157,953
Goodwill157,953157,953157,953157,953157,953157,953
Intangible asset, excluding goodwill, after accumulated amortization233,786265,951293,619323,838  
Regulated entity, other noncurrent assets256,225278,006287,906330,831724,862366,956
Other noncurrent assets120,026105,025131,100117,326103,90696,877
Other undisclosed noncurrent assets33,7126,671,2556,114,2125,605,5405,190,8354,829,857
Total noncurrent assets:7,937,2007,495,6907,005,7906,558,7886,177,5565,488,843
TOTAL ASSETS:8,853,0848,425,5717,770,9947,776,3968,402,1206,028,712
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities297,670336,929346,849438,845325,589216,113
Taxes payable✕✕✕✕✕67,03563,800
Accounts payable222,102261,321278,056360,493258,554152,313
Accrued liabilities75,56875,60868,79378,352  
Debt1,047,074974,614921,484572,716554,000418,225
Regulatory liability57,27722,52566,90147,8678,09015,761
Other liabilities106,40099,009112,37072,13790,36078,952
Other undisclosed current liabilities23,43725,19929,61757,8542,45468,028
Total current liabilities:1,531,8581,458,2761,477,2211,189,419980,493797,079
Noncurrent Liabilities
Long-term debt and lease obligation2,356,0382,385,2862,160,4012,661,7433,683,3781,613,228
Long-term debt, excluding current maturities2,356,0382,385,2862,160,4012,661,7433,683,3781,582,428
Liabilities, other than long-term debt1,525,0651,477,4611,367,4951,340,8081,388,717759,088
Deferred income tax liabilities963,874891,738752,068698,456695,284 
Liability, pension and other postretirement and postemployment benefits   20,26519,58735,22697,637
Regulatory liability451,620467,563500,478529,441552,928547,563
Other liabilities109,571118,16094,68493,324105,279113,888
Operating lease, liability      30,800
Total noncurrent liabilities:3,881,1033,862,7473,527,8964,002,5515,072,0952,372,316
Total liabilities:5,412,9615,321,0235,005,1175,191,9706,052,5883,169,395
Equity
Equity, attributable to parent3,440,1233,104,5482,765,8772,584,4262,349,5322,233,311
Common stock627599565553536532
Additional paid in capital2,530,1372,294,4692,028,7551,932,7141,790,3621,756,921
Accumulated other comprehensive income (loss)4(126)(1,182)(704)(6,527)(7,777)
Retained earnings909,355809,606737,739651,863565,161483,635
Total equity:3,440,1233,104,5482,765,8772,584,4262,349,5322,233,311
Other undisclosed liabilities and equity      626,006
TOTAL LIABILITIES AND EQUITY:8,853,0848,425,5717,770,9947,776,3968,402,1206,028,712

Income Statement (P&L) ($ in thousands)
A