One Gas (OGS) FY2021 results: revenue $1.8 billion, up 18.2% on the year
One Gas, Inc. (OGS) reported revenue of $1.8 billion for fiscal 2021, the year ended 31 December 2021, up 18.2% on the year before. Net income was $206 million, up 5.1%, and diluted earnings per share $3.85. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$1.8 billion
+18.2% on the year
FY2016FY2021
Operating margin
17.2%
19.8% a year earlier
FY2016FY2021
Net income
$206 million
+5.1% on the year
FY2016FY2021
Diluted EPS
$3.85
+4.6% on the year
FY2016FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
-1,536
364
310
Capital expenditure
495
471
417
+5.1%
Free cash flow
-2,031
-107
-107
Free cash flow margin
-112.3%
-7.0%
-6.5%
Cash from investing
-501
-470
-423
Cash from financing
2,038
96.0
109
+2,022.2%
Share-based compensation
10.5
9.8
9.3
+7.1%
Buybacks
n/a
n/a
0.0
Dividends paid
124
114
105
+8.3%
Dividend per share
$2.32
$2.16
$2.00
+7.4%
Diluted shares, weighted
54m
53m
53m
+0.6%
Shares outstanding at period end
54m
53m
53m
+1.0%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
2,350
2,233
2,129
+5.2%
Short-term borrowings
n/a
n/a
0.0
Debt
4,177
2,001
1,300
+108.8%
Operating lease liabilities
n/a
30.8
28.0
Other liabilities
1,875
1,764
2,251
+6.3%
Total liabilities and equity
8,402
6,029
5,708
+39.4%
Goodwill
158
158
158
0.0%
Intangible assets
0.0
n/a
n/a
Cash and equivalents
8.9
8.0
17.9
+10.7%
Receivables
342
293
250
+16.6%
Other assets
7,894
5,570
5,282
+41.7%
Total assets
8,402
6,029
5,708
+39.4%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.