ONE Gas annual free cash flow
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2024
2025
ONE Gas Free Cash Flow (FCF) History (OGS)
ONE Gas reported −$128.4M in free cash flow for fiscal 2025, an increase of $206.4M from the previous fiscal year, with a free cash flow margin of −5.29%.
View full ONE Gas company overviewONE Gas free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$128.4M | $206.4M | — | −5.29% |
| 2024 | 2024-12-31 | −$334.8M | −$607.7M | — | −16.07% |
| 2023 | 2023-12-31 | $272.9M | −$688.5M | −71.61% | +11.51% |
| 2022 | 2022-12-31 | $961.4M | $2.99B | — | +37.29% |
| 2021 | 2021-12-31 | −$2.03B | −$1.92B | — | −112.29% |
| 2020 | 2020-12-31 | −$106.8M | $132,000 | — | −6.98% |
| 2019 | 2019-12-31 | −$107.0M | −$180.2M | — | −6.47% |
| 2018 | 2018-12-31 | $73.2M | $175.8M | — | +4.48% |
| 2017 | 2017-12-31 | −$102.6M | −$84.1M | — | −6.66% |
| 2016 | 2016-12-31 | −$18.5M | −$132.1M | — | −1.29% |
| 2015 | 2015-12-31 | $113.6M | $164.0M | — | — |
| 2014 | 2014-12-31 | −$50.4M | $87.4M | — | — |
| 2013 | 2013-12-31 | −$137.9M | −$62.4M | — | — |
| 2012 | 2012-12-31 | −$75.4M | — | — | — |
ONE Gas quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $37.5M | $46.6M | — | +9.11% |
| Q1 2026 | 2026-03-31 | $19.8M | −$91.1M | −82.16% | +2.38% |
| Q4 2025 | 2025-12-31 | −$124.8M | −$7.8M | — | −18.10% |
| Q3 2025 | 2025-09-30 | −$105.4M | $21.0M | — | −27.79% |
| Q2 2025 | 2025-06-30 | −$9.1M | $23.8M | — | −2.15% |
| Q1 2025 | 2025-03-31 | $110.9M | $169.4M | — | +11.85% |
| Q4 2024 | 2024-12-31 | −$116.9M | −$37.7M | — | −18.54% |
| Q3 2024 | 2024-09-30 | −$126.4M | −$52.0M | — | −37.12% |
| Q2 2024 | 2024-06-30 | −$33.0M | −$141.4M | — | −9.31% |
| Q1 2024 | 2024-03-31 | −$58.5M | −$376.5M | — | −7.71% |
| Q4 2023 | 2023-12-31 | −$79.3M | $102.7M | — | −13.09% |
| Q3 2023 | 2023-09-30 | −$74.3M | −$1.18B | — | −22.13% |
| Q2 2023 | 2023-06-30 | $108.5M | $67.2M | +162.73% | +27.25% |
| Q1 2023 | 2023-03-31 | $318.0M | $323.7M | — | +30.81% |
| Q4 2022 | 2022-12-31 | −$182.0M | −$59.3M | — | −22.24% |
| Q3 2022 | 2022-09-30 | $1.11B | $1.22B | — | +308.24% |
| Q2 2022 | 2022-06-30 | $41.3M | $77.3M | — | +9.62% |
| Q1 2022 | 2022-03-31 | −$5.7M | $1.75B | — | −0.58% |
| Q4 2021 | 2021-12-31 | −$122.6M | −$39.4M | — | −20.65% |
| Q3 2021 | 2021-09-30 | −$113.9M | −$46.6M | — | −41.58% |
| Q2 2021 | 2021-06-30 | −$36.0M | −$10.6M | — | −11.41% |
| Q1 2021 | 2021-03-31 | −$1.76B | −$1.83B | — | −281.21% |
| Q4 2020 | 2020-12-31 | −$83.3M | $6.5M | — | −17.20% |
| Q3 2020 | 2020-09-30 | −$67.3M | $6.7M | — | −27.52% |
| Q2 2020 | 2020-06-30 | −$25.5M | −$43.3M | — | −9.32% |
| Q1 2020 | 2020-03-31 | $69.2M | $30.2M | +77.53% | +13.10% |
| Q4 2019 | 2019-12-31 | −$89.7M | −$5.5M | — | −19.82% |
| Q3 2019 | 2019-09-30 | −$74.1M | −$7.4M | — | −29.80% |
| Q2 2019 | 2019-06-30 | $17.8M | −$69.6M | −79.60% | +6.14% |
| Q1 2019 | 2019-03-31 | $39.0M | −$97.7M | −71.48% | +5.90% |
| Q4 2018 | 2018-12-31 | −$84.2M | $71.7M | — | −18.12% |
| Q3 2018 | 2018-09-30 | −$66.7M | $4.6M | — | −27.99% |
| Q2 2018 | 2018-06-30 | $87.4M | $54.6M | +166.25% | +29.89% |
| Q1 2018 | 2018-03-31 | $136.7M | $44.9M | +48.95% | +21.41% |
| Q4 2017 | 2017-12-31 | −$155.9M | −$78.3M | — | −33.72% |
| Q3 2017 | 2017-09-30 | −$71.3M | $1.1M | — | −28.83% |
| Q2 2017 | 2017-06-30 | $32.8M | $15.0M | +84.20% | +11.74% |
| Q1 2017 | 2017-03-31 | $91.8M | −$21.9M | −19.24% | +16.67% |
| Q4 2016 | 2016-12-31 | −$77.6M | −$41.3M | — | — |
| Q3 2016 | 2016-09-30 | −$72.4M | −$5.1M | — | — |
| Q2 2016 | 2016-06-30 | $17.8M | −$13.1M | −42.40% | — |
| Q1 2016 | 2016-03-31 | $113.6M | −$72.5M | −38.97% | — |
| Q4 2015 | 2015-12-31 | −$36.3M | $39.6M | — | — |
| Q3 2015 | 2015-09-30 | −$67.3M | $20.4M | — | — |
| Q2 2015 | 2015-06-30 | $31.0M | $34.2M | — | — |
| Q1 2015 | 2015-03-31 | $186.2M | $69.8M | +59.99% | — |
| Q4 2014 | 2014-12-31 | −$75.8M | $31.8M | — | — |
| Q3 2014 | 2014-09-30 | −$87.7M | $37.5M | — | — |
| Q2 2014 | 2014-06-30 | −$3.3M | −$3.2M | — | — |
| Q1 2014 | 2014-03-31 | $116.4M | $21.4M | +22.47% | — |
| Q4 2013 | 2013-12-31 | −$107.6M | — | — | — |
| Q3 2013 | 2013-09-30 | −$125.2M | — | — | — |
| Q2 2013 | 2013-06-30 | −$53,000 | — | — | — |
| Q1 2013 | 2013-03-31 | $95.0M | — | — | — |
ONE Gas free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from −$106.8M to −$128.4M, a net decrease of $21.5M. ONE Gas's latest reported quarter, Q2 2026, generated $37.5M in free cash flow, an increase of $46.6M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review ONE Gas filings at SEC.gov ↗