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Atmos Energy ATO Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Operating margin35.9%+2.6pp33.2%-0.7pp33.2%+0.6pp33%+0.7pp33.3%+1.9pp
Net margin27.6%+2.2pp25.7%-0.2pp25.5%+0.5pp25%0.0pp25.3%+0.7pp
EBITDA margin51.5%+2.5pp48.6%-1.7pp48.8%+0.2pp48.6%+0.3pp49%+1.8pp
Free cash flow margin-40.8%-9.8pp-35.1%-1.9pp-33.9%-2.6pp-31.5%-31%
Returns
Return on equity9.6%+0.4pp9.2%+0.2pp9.3%+0.3pp9.1%0.0pp9.2%0.0pp
Return on assets4.7%+0.2pp4.4%+0.1pp4.5%+0.1pp4.4%0.0pp4.5%0.0pp
Return on invested capital6.1%+0.1pp5.9%-0.1pp5.9%-0.1pp6%-0.1pp6.1%0.0pp
Efficiency
Asset turnover0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Liquidity
Current ratio-0.3×1.1×-0.4×0.8×-0.2×1.4×-0.4×1.3×0.0×
Quick ratio-0.3×1.1×-0.4×0.8×-0.2×1.4×-0.4×1.3×0.0×
Cash ratio0.1×-0.4×0.3×-0.2×0.1×-0.1×0.6×-0.1×0.5×+0.2×
Leverage
Debt-to-equity0.7×0.0×0.7×0.0×0.7×0.0×0.7×0.0×0.7×0.0×
Debt-to-assets0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×
Net debt / EBITDA3.8×+0.2×+0.2×+0.1×3.7×+0.1×3.6×-0.2×
Interest coverage11.6×+3.6×10.6×+3.2×9.1×+2.0×8.2×+0.8×+0.5×
Per Share
Book value per share$88.84+8.5%$86.63+7.0%$84.44+6.0%$83.05+4.6%$81.89+6.6%
Valuation
Market capitalization$30.56B+24.6%$27.11B+25.3%$27.41B+27.3%$24.85B+41.2%$24.54B+36.8%
Enterprise value$40.16B+23.5%$36.47B+23.2%$36.55B+24.5%$33.18B+33.8%$32.53B+29.0%
Price / earnings22.7×+1.1×21.7×+1.7×22.9×+2.2×21.5×+4.3×21.6×+3.6×
Price / sales6.3×+0.8×5.6×+0.4×5.8×+0.7×5.4×+1.1×5.5×+1.0×
Price / book+0.2×1.9×+0.2×+0.3×1.9×+0.4×1.9×+0.3×
EV / EBITDA16×+1.2×15.4×+1.3×15.9×+1.4×14.8×+2.2×14.8×+1.6×
EV / sales8.2×+1.0×7.5×+0.4×7.8×+0.7×7.2×+1.1×7.3×+1.0×
Free cash flow yield-6.5%-0.9pp-6.3%+0.1pp-5.8%+0.2pp-5.9%-5.7%
Earnings yield4.4%-0.2pp4.6%-0.4pp4.4%-0.5pp4.7%-1.2pp4.6%-0.9pp
Dividend yield2%-0.2pp2.1%-0.2pp2%-0.3pp2.2%-0.5pp2.1%-0.4pp
PEG ratio1.2×-0.3×1.4×+0.2×1.5×+0.4×1.7×+0.9×1.6×+0.7×

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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.