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Atmos Energy Corporation ATO
$ 167.56 0.07%
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Quarterly report 2026-Q3
added 08-05-2026

Atmos Energy Corporation Financial Ratios 2025-2007 | ATO

Brief overview of Atmos Energy Corporation's financial ratios

The comparison uses the five latest available annual observations between 2021 and 2025.

Market valuation is represented by P/E 23.26x (median 21.27x), EV/EBITDA 12.06x (median 10.55x), P/S 5.93x (median 4.16x). On average, multiples differ from their five-year medians by only +14.3%. Valuation is near its familiar historical range.

Current earnings relative to valuation equal about 4.3% on the 1/P/E measure. This is a valuation reference, not an expected payout.

End-period return metrics are ROE 8.8%, ROA 4.2%, ROCE 11.5%. Efficiency ratios are restrained, with capital and assets producing modest returns.

On PEG (3.18x), valuation is stretched relative to growth and requires strong execution.

The time from paying for inputs to receiving cash rose from -85.7 days to 28.8 days. Cash turnover slowed.

Overall assessment

Atmos Energy Corporation's multiples form a balanced picture without a clear discount or premium. Future appeal depends on earnings and return trends.

Annual Financial Ratios Atmos Energy Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

P/E

23.3 21.5 18.7 19.9 21.3 16.5 25.7 17.5 23.3 21.3 20.4 18.0 16.6 14.9 15.2 32.8 23.8 13.5 -

P/S

5.9 5.4 3.9 3.7 4.2 3.5 4.5 3.4 3.3 2.2 1.5 1.1 1.0 0.9 0.7 - - - -

EPS

7.5 6.8 6.1 5.6 5.1 4.9 4.4 5.4 3.7 3.4 3.1 3.0 2.7 2.4 2.3 0.8 1 - -

EV (Enterprise Value)

27.7 B 22.1 B 16.5 B 15.4 B 14 B 9.93 B 20.8 B 17.6 B 16 B 14 B 12.3 B 10.7 B 9.32 B 8.3 B 8.04 B 2.3 B 2.11 B 2.38 B -60.7 M

EBITDA per Share

14.4 13.3 11.5 10.6 10.7 10.2 9.71 9.77 9.87 9.28 8.89 8.87 8.14 7.64 7.75 3.91 4.37 7.03 -

EV/EBITDA

12.1 10.9 9.9 10.6 10.1 12.6 15.1 13.1 12.1 11.1 10.3 9.0 9.2 8.3 7.8 6.4 5.3 3.8 -

PEG

3.18 3.25 5.45 14.01 7.47 5.81 -1.31 0.38 2.25 2.27 5.01 1.66 1.36 3.09 5.61 - - - -

P/B

1.0 0.9 0.7 0.7 0.7 0.6 2.3 2.2 2.4 2.2 2.0 1.7 1.6 1.4 1.4 0.4 0.3 - -

P/CF

13.6 12.9 4.8 15.8 -13.1 9.6 -18.2 -30.7 -34.2 -25.5 -46.3 -54.6 -17.4 -22.1 -78.4 3.3 2.4 6.5 -

ROE %

8.84 8.58 8.15 8.22 8.42 8.86 8.89 12.64 10.17 10.11 9.86 9.39 9.42 9.19 9.20 3.40 4.29 8.79 -

ROA %

4.24 4.14 3.93 3.49 3.39 3.92 3.83 5.08 3.69 3.50 3.47 3.37 3.06 2.89 2.85 1.09 1.47 - -

ROCE %

11.51 11.15 9.82 9.78 11.45 12.13 6.14 7.26 7.47 8.12 7.95 7.96 7.21 7.26 7.36 6.92 8.57 20.85 -

Current Ratio

- - - - - - 0.4 0.3 0.5 0.4 0.5 0.9 0.7 0.6 1.2 - - - -

DSO

28.8 30.4 29.6 30.7 30.7 29.8 29.0 29.7 29.4 33.3 26.4 25.8 28.7 25.1 22.9 - - - -

DIO

- - - - - - 57.8 54.3 74.6 54.4 36.9 30.9 36.9 45.3 35.0 - - - -

DPO

- - 104.6 99.7 116.5 138.7 75.0 42.2 56.6 26.0 11.6 8.5 10.3 37.1 - - - - -

Operating Cycle

28.8 30.4 29.6 30.7 30.7 29.8 86.8 84.0 104.0 87.7 63.3 56.7 65.6 70.3 58.0 - - - -

Cash Conversion Cycle

28.8 30.4 -75.0 -69.0 -85.7 -108.9 11.8 41.8 47.4 61.6 51.7 48.2 55.2 33.2 58.0 - - - -

All numbers in USD currency

Quarterly Financial Ratios Atmos Energy Corporation

2026-Q3 2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3

EPS

1.44 3.49 2.48 2.48 - 1.17 3.05 2.25 - 1.08 2.85 2.08 - 0.94 2.48 1.92 - 0.92 2.37 1.86 - 0.78 2.3 1.71 0.53 0.96 1.71 1.47 0.49 0.68 1.47 1.38 0.35 0.64 1.38 2.89 0.34 0.67 2.89 1.19 0.33 0.69 1.38 1 0.23 0.55 1.35 3.73 0.23 0.45 0.96 0.95 0.08 0.43 0.96 0.89 0.09 0.34 0.89 0.75 0.02 -0.01 0.75 -

EBITDA per Share

5.42 6.94 4.36 4.36 - 2.75 5.1 4.09 - 2.52 4.73 3.76 - 2.19 3.97 3.29 - 2.06 3.79 3.02 - 2.8 3.87 3.26 3.42 2.85 3.26 2.95 3.26 2.67 2.95 2.92 3.24 2.7 2.92 3.04 3.09 2.78 3.11 2.73 2.92 2.62 2.73 2.57 2.74 1.76 2.63 2.49 2.8 1.69 2.65 2.52 2.49 1.6 2.55 2.37 2.21 1.56 2.37 2.19 2.29 0.98 2.26 0.94

ROE %

11.14 10.94 10.73 10.66 7.84 9.20 11.53 10.59 7.84 9.14 11.28 10.33 7.57 8.96 11.27 10.77 8.01 9.33 10.95 10.35 7.34 10.36 12.06 12.07 11.97 11.87 11.77 11.66 11.70 11.73 11.76 11.79 15.73 13.70 12.57 16.50 13.00 13.07 13.31 10.04 9.80 9.55 9.25 8.86 8.90 8.93 8.65 8.60 8.68 8.21 8.23 8.44 8.49 8.53 8.35 8.39 8.09 7.84 6.49 6.12 2.96 -0.03 3.04 -0.14

ROA %

5.39 5.29 5.18 5.15 3.80 4.47 5.59 5.11 3.78 4.41 5.43 4.79 3.47 5.00 5.58 4.43 3.27 3.27 4.54 4.34 3.12 4.54 5.43 5.57 5.49 5.41 5.33 5.25 5.26 5.25 5.24 5.23 6.77 5.78 5.11 6.70 5.10 5.10 5.16 3.48 3.38 3.30 3.20 3.09 3.08 3.10 3.01 3.01 2.95 2.77 2.73 2.69 2.69 2.70 2.63 2.61 2.49 2.41 1.99 1.86 0.91 -0.01 0.94 -0.05

ROCE %

14.44 14.22 13.88 13.87 10.27 12.07 14.93 13.69 10.09 11.69 14.02 12.54 9.00 10.67 13.36 12.55 9.28 11.00 13.94 13.79 10.46 11.86 12.07 11.61 11.59 11.66 11.73 11.71 12.00 12.24 12.57 12.86 13.75 14.40 15.69 16.56 16.93 17.01 17.11 17.88 18.10 17.99 17.75 17.83 17.98 18.37 18.35 18.29 18.67 17.90 17.80 18.33 18.31 17.32 17.43 17.38 17.14 17.91 15.85 15.68 11.01 1.39 6.40 1.47

DSO

57.8 32.0 49.7 37.6 - 57.7 30.2 38.6 - 64.2 34.4 38.4 - 58.8 40.0 36.6 - 31.6 29.9 38.6 - 47.8 28.9 36.1 9.0 42.7 33.2 34.7 8.6 43.3 36.9 38.0 8.7 41.1 38.6 36.5 8.8 38.5 - - - - - - - - - - - - - - - - - - - - - - - - - -

DPO

- - - - - - - - - - - - - - - - - - - 52.0 - - - 37.3 16.8 - - 40.7 14.3 - - 29.0 8.8 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Cycle

- - - 37.6 - 57.7 30.2 38.6 - 64.2 34.4 38.4 - 58.8 40.0 36.6 - 31.6 29.9 38.6 - 47.8 28.9 36.1 9.0 42.7 33.2 34.7 8.6 43.3 36.9 38.0 8.7 41.1 38.6 36.5 8.8 38.5 - - - - - - - - - - - - - - - - - - - - - - - - - -

Cash Conversion Cycle

- - - 37.6 - 57.7 30.2 38.6 - 64.2 34.4 38.4 - 58.8 40.0 36.6 - 31.6 29.9 -13.4 - 47.8 28.9 -1.2 -7.8 42.7 33.2 -6.0 -5.8 43.3 36.9 9.1 -0.2 41.1 38.6 36.5 8.8 38.5 - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Atmos Energy Corporation, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

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