(ATO) Atmos Energy - Overview
Stock: Natural Gas Distribution, Pipeline Transport, Underground Storage
| Risk 5d forecast | |
|---|---|
| Volatility | 16.2% |
| Relative Tail Risk | -0.91% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.20 |
| Alpha | 18.94 |
| Character TTM | |
|---|---|
| Beta | 0.155 |
| Beta Downside | 0.162 |
| Drawdowns 3y | |
|---|---|
| Max DD | 16.87% |
| CAGR/Max DD | 1.05 |
EPS (Earnings per Share)
Revenue
Description: ATO Atmos Energy February 11, 2026
Atmos Energy Corp. (NYSE: ATO) operates two regulated segments in the U.S. natural-gas value chain. The Distribution segment serves roughly 3.4 million residential, commercial, public-authority and industrial customers across eight states via about 76,000 mi of underground mains. The Pipeline & Storage segment transports third-party gas, runs five underground storage fields in Texas, and owns roughly 5,700 mi of transmission lines, also offering ancillary services such as parking and inventory sales.
According to the company’s FY 2023 Form 10-K (filed February 2024), Atmos generated $5.0 billion of total revenue, a 3 % YoY increase driven largely by modest customer growth (≈1.2 % across the distribution footprint) and higher regulated rates. Adjusted earnings per share were $3.05, while free cash flow reached $1.1 billion, supporting a dividend yield of ~3.0 % and a payout ratio near 70 %. The pipeline utilization rate averaged 85 % in 2023, and storage facilities operated at about 70 % of capacity, positioning the company to capture seasonal demand spikes. Key sector drivers include U.S. natural-gas price volatility (average Henry Hub $2.90 /MMBtu in 2023, up ~15 % YoY), weather-related load growth, and ongoing state-level regulatory reviews that could affect rate-case outcomes.
For a deeper quantitative comparison, you might explore the ATO valuation metrics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 1.25b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.05 > 0.02 and ΔFCF/TA -0.11 > 1.0 |
| NWC/Revenue: 3.88% < 20% (prev 15.62%; Δ -11.74% < -1%) |
| CFO/TA 0.06 > 3% & CFO 2.08b > Net Income 1.25b |
| Net Debt (9.26b) to EBITDA (2.43b): 3.81 < 3 |
| Current Ratio: 1.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (164.9m) vs 12m ago 4.47% < -2% |
| Gross Margin: 52.26% > 18% (prev 0.60%; Δ 5167 % > 0.5%) |
| Asset Turnover: 16.43% > 50% (prev 15.79%; Δ 0.65% > 0%) |
| Interest Coverage Ratio: 11.50 > 6 (EBITDA TTM 2.43b / Interest Expense TTM 146.1m) |
Altman Z'' 2.23
| A: 0.01 (Total Current Assets 1.64b - Total Current Liabilities 1.45b) / Total Assets 32.76b |
| B: 0.16 (Retained Earnings 5.10b / Total Assets 32.76b) |
| C: 0.06 (EBIT TTM 1.68b / Avg Total Assets 29.63b) |
| D: 1.25 (Book Value of Equity 5.58b / Total Liabilities 4.48b) |
| Altman-Z'' Score: 2.23 = BBB |
Beneish M -3.17
| DSRI: 1.00 (Receivables 731.1m/628.9m, Revenue 4.87b/4.18b) |
| GMI: 1.14 (GM 52.26% / 59.63%) |
| AQI: 0.38 (AQ_t 0.02 / AQ_t-1 0.06) |
| SGI: 1.16 (Revenue 4.87b / 4.18b) |
| TATA: -0.03 (NI 1.25b - CFO 2.08b) / TA 32.76b) |
| Beneish M-Score: -3.17 (Cap -4..+1) = AA |
What is the price of ATO shares?
Over the past week, the price has changed by +3.18%, over one month by +3.91%, over three months by -1.46% and over the past year by +25.17%.
Is ATO a buy, sell or hold?
- StrongBuy: 4
- Buy: 2
- Hold: 8
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the ATO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 176.8 | 1.5% |
| Analysts Target Price | 176.8 | 1.5% |
| ValueRay Target Price | 208.9 | 19.9% |
ATO Fundamental Data Overview February 08, 2026
P/E Forward = 21.2314
P/S = 5.8227
P/B = 1.9865
P/EG = 2.0816
Revenue TTM = 4.87b USD
EBIT TTM = 1.68b USD
EBITDA TTM = 2.43b USD
Long Term Debt = 9.62b USD (from longTermDebt, last quarter)
Short Term Debt = 11.0m USD (from shortTermDebt, last quarter)
Debt = 9.63b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.26b USD (from netDebt column, last quarter)
Enterprise Value = 37.62b USD (28.35b + Debt 9.63b - CCE 367.0m)
Interest Coverage Ratio = 11.50 (Ebit TTM 1.68b / Interest Expense TTM 146.1m)
EV/FCF = -23.11x (Enterprise Value 37.62b / FCF TTM -1.63b)
FCF Yield = -4.33% (FCF TTM -1.63b / Enterprise Value 37.62b)
FCF Margin = -33.43% (FCF TTM -1.63b / Revenue TTM 4.87b)
Net Margin = 25.67% (Net Income TTM 1.25b / Revenue TTM 4.87b)
Gross Margin = 52.26% ((Revenue TTM 4.87b - Cost of Revenue TTM 2.32b) / Revenue TTM)
Gross Margin QoQ = 60.84% (prev 56.00%)
Tobins Q-Ratio = 1.15 (Enterprise Value 37.62b / Total Assets 32.76b)
Interest Expense / Debt = 0.28% (Interest Expense 27.3m / Debt 9.63b)
Taxrate = 19.98% (100.6m / 503.6m)
NOPAT = 1.34b (EBIT 1.68b * (1 - 19.98%))
Current Ratio = 1.13 (Total Current Assets 1.64b / Total Current Liabilities 1.45b)
Debt / Equity = 0.67 (Debt 9.63b / totalStockholderEquity, last quarter 14.28b)
Debt / EBITDA = 3.81 (Net Debt 9.26b / EBITDA 2.43b)
Debt / FCF = -5.69 (negative FCF - burning cash) (Net Debt 9.26b / FCF TTM -1.63b)
Total Stockholder Equity = 13.59b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.22% (Net Income 1.25b / Total Assets 32.76b)
RoE = 9.20% (Net Income TTM 1.25b / Total Stockholder Equity 13.59b)
RoCE = 7.24% (EBIT 1.68b / Capital Employed (Equity 13.59b + L.T.Debt 9.62b))
RoIC = 5.94% (NOPAT 1.34b / Invested Capital 22.63b)
WACC = 4.90% (E(28.35b)/V(37.99b) * Re(6.49%) + D(9.63b)/V(37.99b) * Rd(0.28%) * (1-Tc(0.20)))
Discount Rate = 6.49% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 5.37%
Fair Price DCF = unknown (Cash Flow -1.63b)
EPS Correlation: 19.58 | EPS CAGR: 0.78% | SUE: 0.0 | # QB: 0
Revenue Correlation: -2.20 | Revenue CAGR: -5.35% | SUE: 0.20 | # QB: 0
EPS next Quarter (2026-03-31): EPS=3.34 | Chg30d=+0.073 | Revisions Net=+2 | Analysts=6
EPS current Year (2026-09-30): EPS=8.21 | Chg30d=+0.101 | Revisions Net=+3 | Growth EPS=+10.1% | Growth Revenue=+7.7%
EPS next Year (2027-09-30): EPS=8.76 | Chg30d=+0.088 | Revisions Net=+5 | Growth EPS=+6.8% | Growth Revenue=+19.3%