In This Article:
ONE Gas (NYSE:OGS) Full Year 2024 Results
Key Financial Results
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Revenue: US$2.08b (down 12% from FY 2023).
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Net income: US$222.9m (down 3.6% from FY 2023).
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Profit margin: 11% (up from 9.7% in FY 2023). The increase in margin was driven by lower expenses.
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EPS: US$3.92 (down from US$4.16 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ONE Gas Revenues Disappoint
Revenue missed analyst estimates by 13%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Gas Utilities industry in the US.
Performance of the American Gas Utilities industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for ONE Gas (1 is a bit unpleasant!) that you need to take into consideration.
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