Atmos Energy Corporation

Atmos Energy Corporation

ATO
Atmos Energy CorporationUS flagNew York Stock Exchange
169.29
USD
+0.02
- -
28.26BMarket Cap
Atmos Energy Corporation
ATO
(New York Stock Exchange)

Recent

price

169.29

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
51.39
47.52
38.12
42.81
50.62
28.73
23.71
26.01
28.06
24.76
22.98
26.26
30.48
29.46
27.31
29.59
29.98
Revenue per Share
2.24
2.3
2.4
2.69
2.97
3.09
3.38
3.74
5.43
4.36
4.9
5.13
5.62
6.1
6.84
7.54
8.27
Basic EPS, GAAP
7.91
6.46
6.51
6.77
7.51
7.97
7.68
8.17
10.13
8.27
8.45
-8.35
7.09
23.84
11.37
12.89
11.52
Free Cash Flow per Basic Share
1.35
1.37
1.4
1.42
1.5
1.57
1.69
1.81
1.94
2.1
2.3
2.5
2.73
2.97
3.23
3.48
3.71
Dividend per Share
5.3
6.33
7.34
8.57
9.41
10.54
12.2
13.83
16.92
18.37
20.13
21.68
23.3
25.27
27.65
30.59
33.89
Book Value per Share
15.66
16.8
17.95
20.31
24.02
24.07
26.43
29.86
36.39
42.83
49.35
55.29
63.03
69.23
74.38
80.23
86.64
Tangible Book Value per Share
92
90
90
91
98
102
104
106
111
117
123
130
138
145
153
159
163
Basic Weighted Avg Shares
4,720
4,286
3,436
3,875
4,941
2,927
2,455
2,760
3,116
2,902
2,821
3,407
4,202
4,275
4,165
4,703
4,881
Sales/Revenue/Turnover
10.11
10.64
13.14
12.95
12.37
20.92
26.77
26.66
23.36
25.71
29.21
26.56
21.92
24.96
32.54
33.17
35.87
Operating Margin (%)
217
233
247
238
254
275
293
320
361
391
430
478
536
604
670
735
762
Depreciation Expense
206
208
217
243
290
315
350
396
603
511
601
666
774
886
1,043
1,199
1,346
Net Income, GAAP
38.55
36.04
33.82
38.2
39.22
38.28
36.27
36.65
1.32
21.36
19.46
18.76
9.1
11.38
15.61
18.9
19.91
Effective Tax Rate (%)
4.36
4.84
6.31
6.28
5.87
10.76
14.26
14.36
19.36
17.62
21.32
19.53
18.43
20.72
25.04
25.49
27.58
Profit Margin (%)
-291
143
-448
-301
-135
-529
-1,107
-474
-1,436
-751
-311
-672
-555
-467
-74
-310
4
Working Capital
1,810
2,206
1,956
2,456
2,456
2,438
2,189
3,067
2,494
3,529
4,733
5,125
5,945
6,834
8,085
9,238
9,618
LT Debt
2,178
2,255
2,359
2,580
3,086
3,195
3,463
3,899
4,770
5,750
6,791
7,907
9,419
10,870
12,158
13,559
14,909
Total Equity
6.6
6.36
6.18
5.94
6.55
6.24
6.41
6.49
8.94
6.37
6.15
5.38
4.98
5.23
5.91
5.8
6.09
Return on Invested Capital (%)
11.08
10.54
10.05
9.5
10.28
10.26
9.96
9.93
13.48
10.15
10
8.33
7.9
9.01
10.41
10.09
10.32
Return on Capital (%)
46.14
39.25
35.17
33.85
34.21
31.63
29.97
29.04
36.04
25.37
26.01
25.19
25.71
25.75
26.45
26.4
26.14
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
66
11
11
LT Borrowings
8,975
9,622
9,618
LT Finance Leases
263
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
162
165
167
Market Capitalization
27,022
26,887
30,077

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
1,053
1,636
1,262
Cash, Cash Equivalents & STI
203
367
126
Accounts Receivable, Net
214
731
645
Inventories
192
160
136
Total Current Liabilities
1,363
1,447
1,258
Payables & Accruals
867
617
467
ST Debt
66
11
11
Deferred Revenue
56
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.63%
14.87%
11.53%
Free Cash Flow
-14.24%
-34.48%
18.21%
Net Income, GAAP
15.3%
14.81%
14.94%
Sales/Revenue/Turnover
5.57%
11.23%
12.91%
Total Cash Common Dividend
13.24%
14.42%
12.34%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,158
1,647
702
658
4,165
2025
1,176
1,951
839
737
4,703
2026
1,343
1,962
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.08
2.86
1.08
- -
6.84
2025
2.25
3.05
1.17
- -
7.54
2026
2.48
3.5
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.8
0.8
0.82
- -
3.23
2025
0.87
0.87
0.87
- -
3.48
2026
0.99
0.99
- -
- -
- -
Business
Atmos Energy Corporation is a natural gas utility company headquartered in Dallas, Texas, primarily engaged in the distribution of natural gas to approximately three million customers across more than 1,400 communities in eight states, primarily in the southern and central United States. The company’s core products and services include natural gas distribution; marketing and procurement services for industrial, commercial, and municipal customers; and the management of company-owned natural gas pipeline and storage assets, including one of the largest intrastate natural gas pipeline systems in Texas. Atmos Energy's operations span from the Blue Ridge Mountains in the East to the Rocky Mountains in the West, serving a diverse customer base ranging from residential to large industrial clients. Founded in 1906, Atmos Energy has strategically positioned itself in the energy sector by focusing on safety, reliability, and modernization of its natural gas infrastructure. The company invests heavily in system modernization initiatives, including pipeline replacement programs, leak repair prioritization, and the utilization of advanced recompression technologies to reduce emissions. It also actively pursues environmental sustainability through fleet conversions to gas/electric hybrid and compressed natural gas vehicles, renewable natural gas initiatives, and participation in the Low Carbon Resources Initiative to explore emerging low-carbon energy technologies. In the last one to two years, Atmos Energy has executed significant strategic initiatives including a capital expenditure plan of approximately $26 billion for fiscal years 2026 through 2030. This plan allocates nearly $20 billion towards upgrading and modernizing its natural gas distribution system and about $6 billion to transmission system enhancements, aimed at supporting rate base growth projected to increase from $21 billion in fiscal 2025 to $40-44 billion by 2030. The company recently increased its quarterly dividend by 15%, marking its 41st consecutive year of dividend growth, reflecting strong financial performance and consistent shareholder returns. Atmos Energy also reported robust earnings in 2025, with substantial capital spending directed at safety and system reliability, maintaining liquidity of approximately $4.9 billion to support ongoing operations. The company’s sustained focus on innovation, operational efficiency, and environmental responsibility underpins its business expansion and strategic positioning in the natural gas utility industry. Atmos Energy continues to enhance its service capabilities while adhering to regulatory safety standards and advancing toward a low-carbon future through technology investments and sustainability programs. Atmos Energy Corporation operates as an independent publicly traded company listed on the NYSE under the ticker ATO. It maintains a strong presence in the U.S. natural gas market with a commitment to safe, reliable, and affordable energy provision to its broad customer base across multiple states.

Company News

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