Atmos Energy ATO Ratios & Valuation
| TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 135.2%+2.6pp | 132.6%-0.7pp | 133.3%+0.6pp | 132.7%+0.7pp | 132%+1.9pp | |
| Net margin | 103.8%+2.2pp | 101.5%-0.2pp | 101.8%+0.5pp | 101.3%0.0pp | 101.4%+0.7pp | |
| EBITDA margin | 197.5%+2.5pp | 195%-1.7pp | 196.6%+0.2pp | 196.5%+0.3pp | 196.2%+1.8pp | |
| Free cash flow margin | -141.4%-9.8pp | -131.5%-1.9pp | -129.6%-2.6pp | -127%— | —— | |
| Returns | ||||||
| Return on equity | 37.2%+0.4pp | 36.8%+0.2pp | 36.6%+0.3pp | 36.3%0.0pp | 36.3%0.0pp | |
| Return on assets | 18%+0.2pp | 17.8%+0.1pp | 17.7%+0.1pp | 17.6%0.0pp | 17.6%0.0pp | |
| Return on invested capital | 24%+0.1pp | 23.9%-0.1pp | 24%-0.1pp | 24.1%-0.1pp | 24.2%0.0pp | |
| Efficiency | ||||||
| Asset turnover | 0.7×0.0× | 0.7×0.0× | 0.7×0.0× | 0.7×0.0× | 0.7×0.0× | |
| Liquidity | ||||||
| Current ratio | 4.3×-0.3× | 4.6×-0.4× | 5×-0.2× | 5.2×-0.4× | 5.6×0.0× | |
| Quick ratio | 4.3×-0.3× | 4.6×-0.4× | 5×-0.2× | 5.2×-0.4× | 5.6×0.0× | |
| Cash ratio | 1.1×-0.4× | 1.5×-0.2× | 1.7×-0.1× | 1.8×-0.1× | 1.9×+0.2× | |
| Leverage | ||||||
| Debt-to-equity | 2.7×0.0× | 2.7×0.0× | 2.7×0.0× | 2.7×0.0× | 2.6×0.0× | |
| Debt-to-assets | 1.3×0.0× | 1.3×0.0× | 1.3×0.0× | 1.3×0.0× | 1.3×0.0× | |
| Net debt / EBITDA | 15.5×+0.2× | 15.3×+0.2× | 15.1×+0.1× | 15×+0.1× | 14.9×-0.2× | |
| Interest coverage | 39.5×+3.6× | 35.9×+3.2× | 32.7×+2.0× | 30.7×+0.8× | 29.9×+0.5× | |
| Per Share | ||||||
| Book value per share | $342.97+2.1% | $336.02+1.7% | $330.37+1.5% | $325.56+1.1% | $321.93+1.6% | |
| Valuation | ||||||
| Market capitalization | $109.93B+5.8% | $103.91B+5.6% | $98.44B+6.3% | $92.56B+8.5% | $85.31B+8.4% | |
| Enterprise value | $146.37B+5.5% | $138.74B+5.2% | $131.87B+5.8% | $124.68B+7.2% | $116.3B+6.7% | |
| Price / earnings | 88.7×+1.1× | 87.6×+1.7× | 85.9×+2.2× | 83.7×+4.3× | 79.3×+3.6× | |
| Price / sales | 23×+0.8× | 22.2×+0.4× | 21.8×+0.7× | 21.2×+1.1× | 20.1×+1.0× | |
| Price / book | 7.8×+0.2× | 7.6×+0.2× | 7.4×+0.3× | 7.2×+0.4× | 6.8×+0.3× | |
| EV / EBITDA | 62.1×+1.2× | 60.9×+1.3× | 59.6×+1.4× | 58.1×+2.2× | 55.9×+1.6× | |
| EV / sales | 30.7×+1.0× | 29.7×+0.4× | 29.3×+0.7× | 28.6×+1.1× | 27.4×+1.0× | |
| Free cash flow yield | -24.5%-0.9pp | -23.7%+0.1pp | -23.8%+0.2pp | -24%— | —— | |
| Earnings yield | 18%-0.2pp | 18.3%-0.4pp | 18.7%-0.5pp | 19.1%-1.2pp | 20.3%-0.9pp | |
| Dividend yield | 8.3%-0.2pp | 8.5%-0.2pp | 8.7%-0.3pp | 8.9%-0.5pp | 9.5%-0.4pp | |
| PEG ratio | 5.9×-0.3× | 6.2×+0.2× | 6×+0.4× | 5.6×+0.9× | 4.7×+0.7× |
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.
