Atmos Energy ATO Ratios & Valuation
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 35.9%+2.7pp | 33.2%0.0pp | 33.2%+0.2pp | 33%-0.3pp | 33.3%-0.6pp | |
| Net margin | 27.6%+1.9pp | 25.7%+0.2pp | 25.5%+0.4pp | 25%-0.3pp | 25.3%-0.6pp | |
| EBITDA margin | 51.5%+2.9pp | 48.6%-0.2pp | 48.8%+0.2pp | 48.6%-0.4pp | 49%-1.3pp | |
| Free cash flow margin | -40.8%-5.7pp | -35.1%-1.2pp | -33.9%-2.4pp | -31.5%-0.6pp | -31%+2.2pp | |
| Returns | ||||||
| Return on equity | 9.6%+0.4pp | 9.2%-0.1pp | 9.3%+0.3pp | 9.1%-0.1pp | 9.2%+0.2pp | |
| Return on assets | 4.7%+0.3pp | 4.4%0.0pp | 4.5%+0.1pp | 4.4%-0.1pp | 4.5%+0.1pp | |
| Return on invested capital | 6.1%+0.3pp | 5.9%-0.1pp | 5.9%-0.1pp | 6%-0.1pp | 6.1%+0.1pp | |
| Efficiency | ||||||
| Asset turnover | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Liquidity | ||||||
| Current ratio | 1×-0.1× | 1.1×+0.4× | 0.8×-0.6× | 1.4×0.0× | 1.3×-0.2× | |
| Quick ratio | 1×-0.1× | 1.1×+0.4× | 0.8×-0.6× | 1.4×0.0× | 1.3×-0.2× | |
| Cash ratio | 0.1×-0.2× | 0.3×+0.1× | 0.1×-0.5× | 0.6×+0.2× | 0.5×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.7×0.0× | 0.7×0.0× | 0.7×0.0× | 0.7×0.0× | 0.7×0.0× | |
| Debt-to-assets | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Net debt / EBITDA | 3.8×-0.1× | 4×0.0× | 4×+0.3× | 3.7×+0.1× | 3.6×-0.1× | |
| Interest coverage | 11.6×+1.0× | 10.6×+1.5× | 9.1×+0.9× | 8.2×+0.2× | 8×+0.6× | |
| Per Share | ||||||
| Book value per share | $88.84+2.6% | $86.63+2.6% | $84.44+1.7% | $83.05+1.4% | $81.89+1.1% | |
| Valuation | ||||||
| Market capitalization | $30.56B+12.7% | $27.11B-1.1% | $27.41B+10.3% | $24.85B+1.3% | $24.54B+13.4% | |
| Enterprise value | $40.16B+10.1% | $36.47B-0.2% | $36.55B+10.2% | $33.18B+2.0% | $32.53B+9.9% | |
| Price / earnings | 22.7×+1.0× | 21.7×-1.2× | 22.9×+1.4× | 21.5×-0.1× | 21.6×+1.6× | |
| Price / sales | 6.3×+0.7× | 5.6×-0.3× | 5.8×+0.5× | 5.4×-0.1× | 5.5×+0.3× | |
| Price / book | 2×+0.2× | 1.9×-0.1× | 2×+0.2× | 1.9×0.0× | 1.9×+0.2× | |
| EV / EBITDA | 16×+0.6× | 15.4×-0.5× | 15.9×+1.2× | 14.8×0.0× | 14.8×+0.7× | |
| EV / sales | 8.2×+0.7× | 7.5×-0.3× | 7.8×+0.6× | 7.2×-0.1× | 7.3×+0.2× | |
| Free cash flow yield | -6.5%-0.2pp | -6.3%-0.5pp | -5.8%0.0pp | -5.9%-0.2pp | -5.7%+0.8pp | |
| Earnings yield | 4.4%-0.2pp | 4.6%+0.2pp | 4.4%-0.3pp | 4.7%0.0pp | 4.6%-0.4pp | |
| Dividend yield | 2%-0.2pp | 2.1%+0.1pp | 2%-0.1pp | 2.2%0.0pp | 2.1%-0.2pp | |
| PEG ratio | 1.2×-0.2× | 1.4×-0.1× | 1.5×-0.2× | 1.7×+0.1× | 1.6×+0.4× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Atmos Energy's profit margins?
- Atmos Energy (ATO) runs a 75.1% gross margin and a 35.9% operating margin, with a 27.6% net margin.
- Where do Atmos Energy's ratios come from?
- Every ratio is computed from Atmos Energy's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
