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ATMOS ENERGY CORP (ATO)

NYSE Large Cap

Utilities › Natural Gas Distribution

$188.58
Market Cap: $31.2B
Data as of Dec 31, 2025 (TTM)

Price History

Feb 9, 2026 — Apr 4, 2026

Investment Snapshot

  • Trading 46% above Graham Number — above intrinsic value estimate
  • Piotroski F-Score 7/9 — financially strong with improving fundamentals
  • ROE of 10.0% — below-average profitability
  • Revenue growing at 13% annually

ATMOS ENERGY CORP (ATO) is a Utilities company operating in Natural Gas Distribution, listed on the NYSE , with a market capitalisation of $31.2 billion . Key value metrics: P/E ratio 21.9, P/B ratio 2.18, Piotroski F-Score 7 out of 9 (strong financial health) .

Value Score

Key Metrics

P/E Ratio
21.87
2.18
EPS
$8.62
Div. Yield
1.9%
PEG Ratio
P/S Ratio
EV/EBITDA
ROE
ROA
Gross Margin
Op. Margin
Net Margin
Debt/Equity
Current Ratio

Current vs 5-Year Average

Based on 5 years of SEC filings
Net Margin
↑ +2.1pp avg —
Gross Margin
↑ +2.1pp avg —
Operating Margin
↑ +2.1pp avg —
Return on Equity
↑ +2.1pp avg —
Debt / Equity
↑ +2.1pp avg —

Revenue & Net Income

EPS & Free Cash Flow Per Share

Financial Statements

Metric FY22 FY23 FY24
Revenue $X.XB $X.XB $X.XB
Gross Profit $X.XB $X.XB $X.XB
Operating Income $X.XB $X.XB $X.XB
Net Income $X.XB $X.XB $X.XB
EBITDA $X.XB $X.XB $X.XB
Total Assets $X.XB $X.XB $X.XB
Total Liabilities $X.XB $X.XB $X.XB
Data sourced from SEC EDGAR and Polygon.io. Methodology. View more Utilities stocks →

ATMOS ENERGY CORP — Fundamental Analysis Summary

ATMOS ENERGY CORP (ATO) is currently trading 46% above its Graham Number of $129.43, suggesting the market price exceeds Benjamin Graham's intrinsic value estimate. The stock carries an elevated trailing P/E ratio of 21.9x.

On financial health, ATO shows a strong Piotroski F-Score of 7/9, indicating improving fundamentals across profitability, leverage, and efficiency, and modest return on equity of 10.0% (sector average: 6.7%), and manageable leverage with a debt-to-equity ratio of 0.62.

StockPik's composite Value Score for ATO is 62/100 — an above-average value rating. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.

ATO reports a high gross margin of 69.7% (sector average: 42.5%) and a strong operating margin of 35.0%.

ATO shows revenue growing at 13% year-over-year, with earnings growing at 15%.

ATO pays a modest dividend yield of 1.9%.

Top Value Stocks in Utilities

Symbol Price P/E Score
AWX $2.55 3.3 100
SOJF $25.13 5.2 100
SOJE $17.29 3.5 100
SOJC $21.17 4.3 100
SOJD $19.65 4.0 100
High Piotroski F-Score stocks
Other stocks with F-Score ≥ 7 showing broad financial improvement
How is the Value Score calculated?
Read our full methodology →
How is the Graham Number calculated?
Benjamin Graham's intrinsic value formula, worked examples, and how to use it →
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