Atmos Energy Corp. ATO
Oil/Gas Transmission · data as of November 13, 2026
Atmos Energy Corp. (ATO) is a utility company listed in the US with a market value of about $29.8B. In the twelve months to June 30, 2026 it had revenue of $4.9B and net income of $1.4B, a net margin of 28.5%.
Its overall Stock Analiz score is 2.2 out of 5 (weak). The strongest part is shareholder returns (3/5); the weakest is value (2/5).
Key numbers: a P/E of 21.0, 5-year revenue growth of 11% a year, a 5-year average ROIC of 5%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 53% below the current price.
Score: 2.2 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- Revenue growth above 10% last year
- Profit margin improving
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- Interest covered more than 5 times
- Liabilities below 60% of assets
Checks not passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.9B | $4.7B | $4.2B | $4.3B | $4.2B | $3.4B | $2.8B | $2.9B | $3.1B | $2.8B | $2.5B |
| Net income | $1.4B | $1.2B | $1.0B | $886M | $774M | $666M | $601M | $511M | $603M | $396M | $350M |
| Free cash flow | -$2.0B | -$1.5B | -$1.2B | $654M | -$1.5B | -$3.1B | -$898M | -$725M | -$343M | -$270M | -$292M |
| EPS (diluted) | $8.40 | $7.46 | $6.83 | $6.10 | $5.60 | $5.12 | $4.89 | $4.35 | $5.43 | $3.73 | $3.38 |
| Net margin | 28.5% | 25.5% | 25.0% | 20.7% | 18.4% | 19.5% | 21.3% | 17.6% | 19.4% | 14.4% | 14.3% |
| ROIC | — | 5.5% | 5.7% | 5.3% | 4.7% | 4.7% | 5.7% | 6.3% | 9.1% | 6.7% | 7.1% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 11 analysts is $182.73, 4% above the current price; targets range from $167.00 to $201.00; the consensus rating is “Hold”; expected EPS is $9.10 for the fiscal year ending September 30, 2027.
Frequently asked questions
What is Atmos Energy’s P/E ratio?
About 21.0, based on the last twelve months of diluted earnings per share (forward P/E about 15.9).
Is Atmos Energy stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 53% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Atmos Energy pay a dividend?
Yes. The dividend yield is about 2.28%, and it has paid dividends for 10 years in our data.
Is Atmos Energy a good stock to buy?
We do not give buy or sell advice. Atmos Energy scores 2.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
Similar companies
Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.