Company / Working Capital
ONE Gas Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$616.0M
FY2025
5-year range
-$712.0M / $1.2B
FY2021-FY2025
Trend
-16.6%
vs FY2024
Sector context
#50 of 73
Utilities
What the data says
At -$616M, ONE Gas's working capital ranks #50 of 73 in the Utilities sector. Working Capital has fluctuated over the past 10 years, ranging from -$712M in FY2023 to $1.2B in FY2021.
Based on SEC 10-K filings.
-$616M in FY2025.
Improved from -$712M to -$616M over the past 2 years.
Utilities sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#50 of 73 in UtilitiesTop 68% of 73This company -$616.0M Sector average -$608.9M
▼
-1.2% below sector average
Key checks
Key Insights
- In FY2025, working capital decreased 16.6% year-over-year.
- Ranks #50 out of 73 companies in the Utilities sector.
- Peak working capital was recorded in FY2021.
- Lowest working capital in the period was in FY2023.
Company context
Key Data Points
- Altman Z-Score 0.38 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$616.0M | -16.6% |
| FY2024 | -$528.4M | +25.8% |
| FY2023 | -$712.0M | -2625.9% |
| FY2022 | $28.2M | -97.7% |
| FY2021 | $1.2B | +583.7% |
| FY2020 | -$257.2M | +29.8% |
| FY2019 | -$366.5M | -135.6% |
| FY2018 | -$155.6M | -84.5% |
| FY2017 | -$84.3M | -167.5% |
| FY2016 | $125.0M | -30.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026