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TGSTransportadora de Gas del Sur S.A.
$31.60$4.8B
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  3. Financial Ratios
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Transportadora de Gas del Sur S.A. (TGS) Quarterly Financial Ratios

Last 13 quarters of trend data · Energy · Oil & Gas Integrated

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Transportadora de Gas del Sur S.A.'s quarterly P/E stands at 0.0x, down 12.2% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has expanded 31.3% YoY to 1.0x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →14.240.010.010.010.020.010.010.010.010.01—0.030.01
—-12.2%+10.4%-46.6%+305.7%+42.4%—-48.0%-48.3%-62.9%———
P/S Ratio3.500.000.000.000.000.000.000.000.000.000.000.000.00
—-13.3%-22.9%-9.7%+44.6%+61.4%+3.9%+21.3%-21.7%-10.9%———
P/B Ratio2.230.000.000.000.000.000.000.000.000.000.000.000.00
—-7.6%-24.1%-19.9%-8.7%-6.4%+61.8%-46.9%-65.6%-63.9%———
P/FCF25.860.020.050.0130.0711.120.010.010.01—0.020.020.04
—-99.8%+342.5%+48.1%+274993.5%—-46.4%-63.7%-73.6%————
EV / EBITDA7.150.990.700.800.980.750.440.630.480.722.600.530.37
—+31.3%+58.9%+26.5%+102.0%+4.3%-83.0%+19.0%+30.0%+124.0%———
EV / EBIT9.101.020.880.952.060.790.470.950.500.50—0.950.37
—+29.0%+86.4%-0.2%+314.3%+57.4%—+0.3%+32.7%+1.1%———

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Transportadora de Gas del Sur S.A.'s operating margin was 51.5% in Q1 2026, up 8.0 pp QoQ and up 7.5 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 42.9% lags the current quarter, suggesting the recent improvement is above-trend.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin53.6%58.2%54.3%51.6%52.0%57.4%54.0%49.9%56.8%46.7%35.5%32.1%36.1%
—+1.6%+0.4%+3.2%-8.5%+22.9%+52.0%+55.7%+57.7%+14.6%———
Operating Margin43.3%51.5%43.5%40.8%35.7%44.0%54.8%41.7%48.7%34.4%25.1%23.9%27.2%
—+17.2%-20.5%-2.1%-26.6%+27.6%+118.5%+74.7%+79.1%+12.5%———
Net Margin24.7%33.0%25.9%26.6%11.7%33.4%35.9%20.7%32.9%29.5%-3.2%6.7%21.8%
—-1.2%-27.7%+28.3%-64.4%+13.3%+1209.0%+207.3%+51.5%+139.9%———

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE18.3%4.8%5.0%4.2%1.6%4.5%7.1%3.8%7.9%5.4%-0.6%3.0%11.9%
—+5.8%-29.6%+11.5%-79.8%-16.9%+1307.2%+24.9%-34.2%-18.3%———
ROA11.1%2.8%3.1%2.9%1.1%3.0%4.6%2.5%5.0%3.2%-0.3%1.9%7.8%
—-5.5%-33.3%+16.5%-78.5%-5.6%+1471.8%+26.4%-35.2%-26.0%———
ROIC19.3%4.3%4.9%3.9%2.9%3.7%6.6%4.6%6.9%3.4%2.3%6.1%8.6%
—+16.2%-25.4%-16.2%-57.4%+8.3%+182.1%-24.5%-20.1%-64.6%———

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Transportadora de Gas del Sur S.A.'s Debt/EBITDA ratio is 5.1x, down from 5.4x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 72.2% YoY to 5.11x, strengthening the short-term liquidity position.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.530.440.530.280.270.230.240.250.270.320.490.340.32
—+88.0%+126.2%+12.5%+0.1%-26.9%-52.0%-26.3%-16.8%-5.8%———
Debt / EBITDA1.535.135.393.513.983.261.982.682.103.1510.552.171.56
—+57.4%+172.2%+30.7%+89.6%+3.5%-81.2%+23.7%+34.4%+115.3%———
Current Ratio5.005.115.003.723.352.972.732.671.053.013.563.253.93
—+72.2%+83.1%+39.3%+218.0%-1.4%-23.2%-17.8%-73.2%-34.2%———
Quick Ratio4.565.084.563.673.312.942.722.641.042.973.493.213.87
—+72.7%+67.6%+38.8%+219.6%-1.0%-22.1%-17.6%-73.2%-34.1%———
Interest Coverage8.348.587.269.284.7411.7415.216.7914.8814.50-0.049.9526.88
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Download Financial Ratios Data

Includes 30+ ratios · 13 years · Updated daily

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TGS — Frequently Asked Questions

Quick answers to the most common questions about buying TGS stock.

What is Transportadora de Gas del Sur S.A.'s quarterly P/E ratio trend?

Transportadora de Gas del Sur S.A.'s current P/E is 14.2x. The average P/E over the last 4 quarters is 0.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Transportadora de Gas del Sur S.A.'s margins change by quarter?

Transportadora de Gas del Sur S.A.'s current operating margin is 43.3%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at TGS quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Transportadora de Gas del Sur S.A.'s business trajectory between earnings reports.