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Atmos Energy ATO Regulatory cost of removal obligation

Regulatory cost of removal obligation at other companies

National Fuel Gas logo
National Fuel GasNFG
$314.87M+4.9%
RGC Resources logo
RGC ResourcesRGCO
$16.64M+9.8%
Southern Company logo
Southern CompanySO
$2.05B
York Water logo
York WaterYORW
$47.19M+5.3%
OGS
ONE GASOGS
$462.68M-6.9%
Artesian Resources logo
Artesian ResourcesARTNA
$25.97M-13.4%

Other financials

Income statement

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Revenue$2.0B+0.6%
Gross profit$1.2B+14.5%
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$28.76B+21.5%
Enterprise value$38.36B+20.0%
P/E21.4×+0.9×
P/S5.9×+0.8×

Profitability

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Gross margin75.1%+15.5pp
Operating margin35.9%+2.6pp
Net margin27.6%+2.2pp
FCF margin-40.8%+19.0pp

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

Reported directly by Atmos Energy in its filing.

Tagged under the XBRL concept ato:RegulatoryCostOfRemovalLiabilityNoncurrent.

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 regulatory cost of removal obligation?
Atmos Energy (ATO) reported regulatory cost of removal obligation of $509.93M in Q1 2026.
How has Atmos Energy's regulatory cost of removal obligation changed year-over-year?
Atmos Energy's regulatory cost of removal obligation decreased by 3.3% year-over-year, from $527.29M to $509.93M.
What is the long-term trend for Atmos Energy's regulatory cost of removal obligation?
Over 4 years (2021 to 2025), Atmos Energy's regulatory cost of removal obligation has grown at a 3.2% compound annual growth rate (CAGR), from $468.69M to $532.46M.
What does regulatory cost of removal obligation mean?
A liability representing the estimated future costs to remove or retire utility assets, which are collected from customers over the life of the assets. This is a standard regulatory accounting practice for utilities.