One Gas (OGS) FY2022 results: revenue $2.6 billion, up 42.5% on the year
One Gas, Inc. (OGS) reported revenue of $2.6 billion for fiscal 2022, the year ended 31 December 2022, up 42.5% on the year before. Net income was $222 million, up 7.4%, and diluted earnings per share $4.08. The figures are the company's own, from the 10-K it filed with the SEC on 23 February 2023.
Revenue
$2.6 billion
+42.5% on the year
FY2016FY2022
Operating margin
13.6%
17.2% a year earlier
FY2016FY2022
Net income
$222 million
+7.4% on the year
FY2016FY2022
Diluted EPS
$4.08
+6.0% on the year
FY2016FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
1,571
-1,536
364
Capital expenditure
609
495
471
+23.1%
Free cash flow
961
-2,031
-107
Free cash flow margin
37.3%
-112.3%
-7.0%
Cash from investing
-614
-501
-470
Cash from financing
-947
2,038
96.0
Share-based compensation
10.7
10.5
9.8
+2.3%
Dividends paid
134
124
114
+8.1%
Dividend per share
$2.48
$2.32
$2.16
+6.9%
Diluted shares, weighted
54m
54m
53m
+1.2%
Shares outstanding at period end
55m
54m
53m
+3.1%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
2,584
2,350
2,233
+10.0%
Debt
3,234
4,177
2,001
-22.6%
Operating lease liabilities
17.4
n/a
30.8
Other liabilities
1,940
1,875
1,764
+3.5%
Total liabilities and equity
7,776
8,402
6,029
-7.4%
Goodwill
158
158
158
0.0%
Intangible assets
324
0.0
n/a
Cash and equivalents
9.7
8.9
8.0
+9.4%
Receivables
554
342
293
+62.1%
Other assets
6,731
7,894
5,570
-14.7%
Total assets
7,776
8,402
6,029
-7.4%
10-K for the year ended 31 December 2022, filed 23 February 2023: the filing.