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Atmos Energy ATO Price / book

Price / book at other companies

Oneok logo
OneokOKE
2.5×-0.4×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
2.7×+0.2×
CNP
CenterPoint EnergyCNP
2.5×+0.3×
Xcel Energy logo
Xcel EnergyXEL
2.1×0.0×
Williams Companies logo
Williams CompaniesWMB
6.2×+1.7×
FirstEnergy logo
FirstEnergyFE
2.3×+0.5×

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$28.32B+24.6%
Enterprise value$37.92B+23.5%
P/E21×+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 price / book?
Atmos Energy (ATO) reported price / book of 2× in Q1 2026.
How has Atmos Energy's price / book changed year-over-year?
Atmos Energy's price / book increased by 9.8% year-over-year, from 1.9× to 2×.
What is the long-term trend for Atmos Energy's price / book?
Over 4 years (2021 to 2025), Atmos Energy's price / book has grown at a 3.2% compound annual growth rate (CAGR), from 6.6× to 7.4×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.