One Return On Assets from 2010 to 2024

OGS Stock  USD 76.88  0.84  1.10%   
One Gas Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets will likely drop to 0.02 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit One Gas earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.02896944
Current Value
0.0226
Quarterly Volatility
0.00319326
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check One Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among One Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 183.9 M, Interest Expense of 65.9 M or Total Revenue of 1.9 B, as well as many indicators such as Price To Sales Ratio of 1.46, Dividend Yield of 0.0369 or PTB Ratio of 1.33. One financial statements analysis is a perfect complement when working with One Gas Valuation or Volatility modules.
  
Check out the analysis of One Gas Correlation against competitors.
For more information on how to buy One Stock please use our How to Invest in One Gas guide.

Latest One Gas' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of One Gas over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. One Gas' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in One Gas' overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

One Return On Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.03
Coefficient Of Variation11.50
Mean Deviation0
Median0.03
Standard Deviation0
Sample Variance0.00001
Range0.0101
R-Value0.16
Mean Square Error0.000011
R-Squared0.03
Significance0.56
Slope0.0001
Total Sum of Squares0.0001

One Return On Assets History

2024 0.0226
2023 0.029
2022 0.0285
2021 0.0246
2020 0.0326
2019 0.0327
2018 0.0315

About One Gas Financial Statements

One Gas shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although One Gas investors may analyze each financial statement separately, they are all interrelated. The changes in One Gas' assets and liabilities, for example, are also reflected in the revenues and expenses on on One Gas' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets 0.03  0.02 

Thematic Opportunities

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Additional Tools for One Stock Analysis

When running One Gas' price analysis, check to measure One Gas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy One Gas is operating at the current time. Most of One Gas' value examination focuses on studying past and present price action to predict the probability of One Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move One Gas' price. Additionally, you may evaluate how the addition of One Gas to your portfolios can decrease your overall portfolio volatility.