ONE GasFRA:OG9 79 FCF Margin % is 2.05% as of Mar. 2026. GuruFocus rates FRA:OG9 with a GF Score™ of 79/100 and a GF Value™ of €62.01. The stock has 4 warning signs investors should review. Among 499 Utilities - Regulated companies, ONE Gas ranks worse than 76.95% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. ONE Gas's Free Cash Flow for the
three
months ended in Mar. 2026 was €15 Mil. ONE Gas's Revenue for the
three
months ended in Mar. 2026 was €719 Mil. Therefore, ONE Gas's FCF Margin % for the quarter that ended in Mar. 2026 was 2.05%.
The historical rank and industry rank for ONE Gas's FCF Margin % or its related term are showing as below:
FRA:OG9'
s FCF Margin % Range Over the Past 10 Years
Min: -112.71 Med: -5.98 Max: 37.29
Current: -9.38
During the past 13 years, the highest FCF Margin % of ONE Gas was 37.29%. The lowest was -112.71%. And the median was -5.98%.
FRA:OG9's FCF Margin % is ranked worse than 76.95% of 499
companies
in the Utilities - Regulated industry
Industry Median: 2.36
vs FRA:OG9: -9.38
ONE Gas FCF Margin % Related Terms
ONE Gas FCF Margin % Historical Data
* Premium members only.
The historical data trend for ONE Gas's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Gas subindustry, ONE Gas's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ONE Gas FCF Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, ONE Gas's FCF Margin % distribution charts can be found below:
* The bar in red indicates where ONE Gas's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ONE Gas (FRA:OG9) has a FCF Margin % of 2.05% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on ONE Gas and its competitors. According to the industry distribution chart, ONE Gas ranks #384 out of 499 companies in the Utilities - Regulated industry, placing it in the top 77%.
Is ONE Gas' FCF Margin % too high?
ONE Gas' current FCF Margin % is 2.05%. The Utilities - Regulated industry median FCF Margin % is 2.36. ONE Gas' value of 2.05% is 13.1% below this industry median. Based on the distribution chart, ONE Gas ranks #384 out of 499 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, ONE Gas has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does ONE Gas' FCF Margin % compare to SR and MDU?
According to the Utilities - Regulated industry distribution chart, ONE Gas ranks #384 out of 499 companies for FCF Margin %. This places ONE Gas in the lower half of its industry. The industry median FCF Margin % is 2.36. ONE Gas' value of 2.05% is 13.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Utilities - Regulated company?
The median FCF Margin % among Utilities - Regulated companies is 2.36, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ONE Gas's current FCF Margin % of 2.05% is 13.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on ONE Gas and its competitors. For the Utilities - Regulated industry, the median FCF Margin % is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ONE Gas's current FCF Margin % is 2.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ONE Gas stock overvalued right now?
ONE Gas (FRA:OG9) has a current FCF Margin % of 2.05%. The stock's GF Value™ is €62.01, compared to a current price of €68.00 — trading 9.7% above its estimated fair value. The current FCF Margin % is 2.05% and 13.1% below the Utilities - Regulated industry median of 2.36. ONE Gas' overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For ONE Gas (FRA:OG9), the current FCF Margin % is 2.05% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ONE Gas (FRA:OG9) Overvalued in 2026?
Based on GuruFocus' analysis, ONE Gas stock appears to be overvalued.
The current stock price of €68.00 is trading 9.7% above its estimated GF Value™ of €62.01.
Key valuation signals for FRA:OG9:
FCF Margin %: 2.05%
GF Value™: €62.01 vs. price of €68.00 (9.7% above fair value)
Industry Position: 13.1% below the Utilities - Regulated median (#384 of 499)
No single metric tells the full story. See the FRA:OG9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ONE Gas Inc is a regulated natural gas utility company. It is involved in the distribution and sale of natural gas to residential, commercial, industrial, and transportation consumers through its network of pipelines and service lines. Almost all of the company's revenue is derived from natural gas sales in the states of Oklahoma, Kansas, and Texas. It operates in one reportable business segment: regulated public utilities that deliver natural gas to residential, commercial, and transportation customers.
79GF Score
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