(ATO) Atmos Energy - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0495601058

Stock:

Total Rating 48
Risk 66
Buy Signal 0.20
Risk 5d forecast
Volatility 15.5%
Relative Tail Risk -0.61%
Reward TTM
Sharpe Ratio 1.32
Alpha 21.55
Character TTM
Beta 0.131
Beta Downside 0.225
Drawdowns 3y
Max DD 16.87%
CAGR/Max DD 1.27

EPS (Earnings per Share)

EPS (Earnings per Share) of ATO over the last years for every Quarter: "2020-12": 1.71, "2021-03": 2.3, "2021-06": 0.78, "2021-09": 0.37, "2021-12": 1.86, "2022-03": 2.37, "2022-06": 0.92, "2022-09": 0.51, "2022-12": 1.91, "2023-03": 2.48, "2023-06": 0.94, "2023-09": 0.8, "2023-12": 2.08, "2024-03": 2.85, "2024-06": 1.08, "2024-09": 0.83, "2024-12": 2.23, "2025-03": 3.03, "2025-06": 1.16, "2025-09": 1.07, "2025-12": 2.44,

Revenue

Revenue of ATO over the last years for every Quarter: 2020-12: 914.48, 2021-03: 1319.073, 2021-06: 605.553, 2021-09: 568.384, 2021-12: 1012.786, 2022-03: 1649.819, 2022-06: 816.429, 2022-09: 722.628, 2022-12: 1484.009, 2023-03: 1540.973, 2023-06: 662.733, 2023-09: 587.642, 2023-12: 1158.467, 2024-03: 1647.227, 2024-06: 701.549, 2024-09: 657.944, 2024-12: 1175.999, 2025-03: 1950.502, 2025-06: 838.774, 2025-09: 737.48, 2025-12: 1342.585,

Description: ATO Atmos Energy

Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately 3.4 million residential, commercial, public authority, and industrial customers; and owned 76,000 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage facilities in Texas; provides ancillary services customary to the pipeline industry, including parking arrangements, lending, and inventory sales; and owned 5,700 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is based in Dallas, Texas.

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 -0.60 > 1.0
NWC/Revenue: 3.88% < 20% (prev 15.62%; Δ -11.74% < -1%)
CFO/TA 0.07 > 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: 17.30% > 50% (prev 15.79%; Δ 1.51% > 0%)
Interest Coverage Ratio: 11.50 > 6 (EBITDA TTM 2.43b / Interest Expense TTM 146.1m)

Altman Z'' 1.38

A: 0.01 (Total Current Assets 1.64b - Total Current Liabilities 1.45b) / Total Assets 29.80b
B: 0.17 (Retained Earnings 5.10b / Total Assets 29.80b)
C: 0.06 (EBIT TTM 1.68b / Avg Total Assets 28.15b)
D: 0.36 (Book Value of Equity 5.58b / Total Liabilities 15.52b)
Altman-Z'' Score: 1.38 = BB

Beneish M -4.00

DSRI: 1.00 (Receivables 731.1m/628.9m, Revenue 4.87b/4.18b)
GMI: 1.14 (GM 52.26% / 59.63%)
AQI: -1.13 (AQ_t -0.07 / AQ_t-1 0.06)
SGI: 1.16 (Revenue 4.87b / 4.18b)
TATA: -0.03 (NI 1.25b - CFO 2.08b) / TA 29.80b)
Beneish M-Score: -4.07 (Cap -4..+1) = AAA

What is the price of ATO shares?

As of March 01, 2026, the stock is trading at USD 186.79 with a total of 966,129 shares traded.
Over the past week, the price has changed by +3.79%, over one month by +11.12%, over three months by +6.50% and over the past year by +27.61%.

Is ATO a buy, sell or hold?

Atmos Energy has received a consensus analysts rating of 3.60. Therefor, it is recommend to hold ATO.
  • 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 180.1 -3.6%
Analysts Target Price 180.1 -3.6%

ATO Fundamental Data Overview February 28, 2026

P/E Trailing = 23.9102
P/E Forward = 21.5517
P/S = 6.2389
P/B = 2.0249
P/EG = 2.7754
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 = 39.65b USD (30.38b + Debt 9.63b - CCE 367.0m)
Interest Coverage Ratio = 11.50 (Ebit TTM 1.68b / Interest Expense TTM 146.1m)
EV/FCF = -24.35x (Enterprise Value 39.65b / FCF TTM -1.63b)
FCF Yield = -4.11% (FCF TTM -1.63b / Enterprise Value 39.65b)
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 = 1.33 (Enterprise Value 39.65b / Total Assets 29.80b)
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 = 4.44% (Net Income 1.25b / Total Assets 29.80b)
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 = 4.91% (E(30.38b)/V(40.01b) * Re(6.40%) + D(9.63b)/V(40.01b) * Rd(0.28%) * (1-Tc(0.20)))
Discount Rate = 6.40% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 4.91%
[DCF] Fair Price = 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 | Chg7d=+0.000 | Chg30d=+0.004 | Revisions Net=+2 | Analysts=6
EPS current Year (2026-09-30): EPS=8.23 | Chg7d=+0.000 | Chg30d=+0.062 | Revisions Net=+4 | Growth EPS=+10.3% | Growth Revenue=+11.7%
EPS next Year (2027-09-30): EPS=8.79 | Chg7d=+0.000 | Chg30d=+0.061 | Revisions Net=+1 | Growth EPS=+6.8% | Growth Revenue=+15.1%
[Analyst] Revisions Ratio: +0.50 (3 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 3.8% (Discount Rate 7.9% - Earnings Yield 4.2%)
[Growth] Growth Spread = -16.6% (Analyst -12.8% - Implied 3.8%)

Additional Sources for ATO Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle