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Atmos Energy ATO Debt-to-assets

Debt-to-assets at other companies

Oneok logo
OneokOKE
0.5×0.0×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
0.4×0.0×
CNP
CenterPoint EnergyCNP
0.4×0.0×
Xcel Energy logo
Xcel EnergyXEL
0.5×0.0×
Williams Companies logo
Williams CompaniesWMB
0.5×0.0×
FirstEnergy logo
FirstEnergyFE
0.5×+0.1×

Other financials

Income statement

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Revenue$2.0B+0.6%
Operating income$764.8M+21.6%
Net income$581.9M+19.8%
EPS (diluted)$3.47+14.5%

Balance sheet

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Cash & equivalents$127.1M-76.7%
Total debt$9.7B+13.9%
Total equity$14.9B+13.5%
Total assets$30.4B+12.6%

Cash flow

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Operating cash flow$723.5M-21.6%
CapEx$1.0B+19.5%
Free cash flow-$280.1M

Valuation

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Market cap$28.39B+24.6%
Enterprise value$38B+23.5%
P/E21.1×+1.0×
P/S5.8×+0.7×

Profitability

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Gross margin75.1%+15.5pp
Operating margin35.9%+2.6pp
Net margin27.6%+2.2pp

Returns & leverage

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Return on equity9.6%+0.4pp
Debt / equity0.7×0.0×
Current ratio-0.3×

Where this comes from

Calculated from Atmos Energy’s reported figures.

Based on the most recent quarter.

The official record: Atmos Energy’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Atmos Energy's debt-to-assets?
Atmos Energy (ATO) reported debt-to-assets of 0.3× in Q1 2026.
How has Atmos Energy's debt-to-assets changed year-over-year?
Atmos Energy's debt-to-assets increased by 1.2% year-over-year, from 0.3× to 0.3×.
What is the long-term trend for Atmos Energy's debt-to-assets?
Over 4 years (2021 to 2025), Atmos Energy's debt-to-assets has grown at a -3.2% compound annual growth rate (CAGR), from 1.5× to 1.3×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.