ONE GasFRA:OG9 79 OCF Margin % is 21.20% as of Mar. 2026, which is 4% below its 10-year median of 22.09. 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 better than 53.71% on this metric.
The historical rank and industry rank for ONE Gas's OCF Margin % or its related term are showing as below:
FRA:OG9'
s OCF Margin % Range Over the Past 10 Years
Min: -84.91 Med: 22.09 Max: 60.93
Current: 20.61
During the past 13 years, the highest OCF Margin % of ONE Gas was 60.93%. The lowest was -84.91%. And the median was 22.09%.
FRA:OG9's OCF Margin % is ranked better than 53.71% of 499
companies
in the Utilities - Regulated industry
Industry Median: 18.61
vs FRA:OG9: 20.61
ONE Gas OCF Margin % Related Terms
ONE Gas OCF Margin % Historical Data
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The historical data trend for ONE Gas's OCF 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 OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, ONE Gas's OCF Margin % distribution charts can be found below:
* The bar in red indicates where ONE Gas's OCF 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 OCF Margin % of 21.20% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on ONE Gas and its competitors. This is near median its historical median of 22.09. According to the industry distribution chart, ONE Gas ranks #231 out of 499 companies in the Utilities - Regulated industry, placing it in the top 46.3%.
Is ONE Gas' OCF Margin % too high?
ONE Gas' current OCF Margin % of 21.20% is near median its 10-year median of 22.09. The Utilities - Regulated industry median OCF Margin % is 18.61. ONE Gas' value of 21.20% is 13.9% above this industry median. Based on the distribution chart, ONE Gas ranks #231 out of 499 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, ONE Gas has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does ONE Gas' OCF Margin % compare to SR and MDU?
According to the Utilities - Regulated industry distribution chart, ONE Gas ranks #231 out of 499 companies for OCF Margin %. This puts ONE Gas in the upper half of its industry. The industry median OCF Margin % is 18.61. ONE Gas' value of 21.20% is 13.9% above this benchmark. While the company's 10-year median is 22.09 vs. the industry median of 18.61, ONE Gas has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for an Utilities - Regulated company?
The median OCF Margin % among Utilities - Regulated companies is 18.61, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ONE Gas's current OCF Margin % of 21.20% is 13.9% above 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on ONE Gas and its competitors. For the Utilities - Regulated industry, the median OCF Margin % is 18.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ONE Gas's current OCF Margin % is 21.20%, which is near median its own 10-year median of 22.09. 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 OCF Margin % of 21.20%. 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 OCF Margin % is 21.20%, which is near median its 10-year median of 22.09 and 13.9% above the Utilities - Regulated industry median of 18.61. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For ONE Gas (FRA:OG9), the current OCF Margin % is 21.20% 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:
OCF Margin %: 21.20% (near median its 10-year median of 22.09)
GF Value™: €62.01 vs. price of €68.00 (9.7% above fair value)
Industry Position: 13.9% above the Utilities - Regulated median (#231 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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