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Stocks / United States / ATO · Natural Gas Distribution · NYSE

Atmos Energy Corp. (ATO)

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Atmos Energy Corp. (ATO) reported revenue of $879 million for Q3 FY2026, the quarter ended 30 June 2026, up 4.8% on the same quarter a year earlier. Net income was $243 million, up 30.2% on the year, and diluted earnings per share $1.43. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$879 millionup 4.8%
Net income$243 millionup 30.2%
Diluted EPS$1.43
QuarterQ3 FY2026ended 30 June 2026

Ratios

From the filings

ROE9.2%
ROCE7.3%
Operating margin37.0%
Net margin28.5%
FCF margin-41.1%
Interest cover12.77
Debt to equity0.64
Cash conversion1.44
Share count, 1 year5.3%
Sales CAGR, 3 years3.8%
Profit CAGR, 3 years15.7%
EPS, TTM$8.38

At the close of 21 September 2026

Price$158.27
Market cap$26.7 billion
Stock P/E18.89
Price to book1.75
EV / EBITDA13.85
Dividend yield2.2%
Market cap / sales5.43
52-week high$192.29
52-week low$158.27
Price, 1 year-2.9%
Price CAGR, 3 years12.6%
Price CAGR, 5 years12.3%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on the one borrowings figure Atmos Energy Corp. files, which has finance leases inside it; operating leases are a separate line. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on ATO

Filings20 in twelve months: 11 current reports (8-K), about 4 results of operations; 3 material agreement; 2 other events; 1 officer or director change; 1 regulation fd disclosure
Planned insider sales1 Form 144 notice in twelve months, $77,360; latest 3 December 2025
Options tapeput/call 0.39 by open interest on 23 September 2026; the straddle prices a 3.6% move to 16 October 2026
Holders10 of the followed funds hold it; largest Geode Capital Management; 8 Schedule 13D or 13G filings in twelve months
Insider trading1 sale and 1 purchase on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest4.4 million shares short, 4.64 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue5881,1581,6477026581,1761,9518397371,3431,962879
Cost of revenue3.2339624n/an/a234779n/an/an/an/an/a
Gross profit5848201,023n/an/a9421,171n/an/an/an/an/a
Gross margin99%71%62%n/an/a80%60%n/an/an/an/an/a
Operating income154399551220185459629252219515765320
Operating margin26%34%33%31%28%39%32%30%30%38%39%36%
Interest expense31.851.955.441.242.252.950.041.527.233.448.733.1
Pre-tax income137365512199159431603231213504734303
Tax rate14%15%16%17%16%18%19%19%18%20%21%20%
Net income119311432166134352486186175403582243
Net margin20%27%26%24%20%30%25%22%24%30%30%28%
Diluted EPS$0.77$2.08$2.85$1.08$0.82$2.23$3.03$1.16$1.04$2.44$3.47$1.43
Operating cash flow238245747411331282923496348308723640
Capital expenditure7227706467148088918408679641,0331,0041,039
Free cash flow-484-524101-302-477-60983.3-371-615-725-280-399
Dividends paid111120122125126135138138141160164166
Shares outstanding148m151m151m155m155m159m159m161m162m165m167m169m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 10 fiscal years and the trailing twelve months

FY2016 FY2017 FY2018 FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue2,4552,7603,1162,9022,8213,4074,2024,2754,1654,7034,922
Cost of revenuen/an/a1,1688596591,0331,6831,452n/an/an/a
Gross profit1,745n/a1,9482,0432,1622,3752,5192,823n/an/an/a
Gross margin71.1%n/a62.5%70.4%76.6%69.7%60.0%66.0%n/an/an/a
Operating income6577367287468249059211,0671,3551,5601,819
Operating margin26.8%26.7%23.4%25.7%29.2%26.6%21.9%25.0%32.5%33.2%37.0%
Interest expense11512010710384.583.6103137191172142
Pre-tax income5426046116507478198521,0001,2361,4781,754
Income tax1972218.113914515477.5114193279351
Effective tax rate36.3%36.6%1.3%21.4%19.5%18.8%9.1%11.4%15.6%18.9%20.0%
Net income3503966035116016667748861,0431,1991,402
Net margin14.3%14.4%19.4%17.6%21.3%19.5%18.4%20.7%25.0%25.5%28.5%
Diluted EPS$3.38$3.73$5.43$4.35$4.89$5.12$5.60$6.10$6.83$7.46$8.38
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2016 FY2017 FY2018 FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow7958671,1259691,038-1,0849783,4601,7342,0492,020
Capital expenditure1,0871,1371,4681,6931,9361,9702,4442,8062,9373,5614,040
Free cash flow-292-270-343-725-898-3,054-1,467654-1,203-1,512-2,020
Free cash flow margin-11.9%-9.8%-11.0%-25.0%-31.8%-89.6%-34.9%15.3%-28.9%-32.2%-41.1%
Depreciation and amortisation293320361391430478536604670735778
Share-based compensation14.814.112.911.19.611.310.710.210.712.7n/a
Dividends paid175192215246282324376430493554632
Dividend per share$1.68$1.80$1.94$2.10$2.30$2.50$2.72$2.96$3.22$3.48n/a
Diluted shares, weighted104m106m111m117m123m130m138m145m153m161m169m
Shares outstanding at period end104m106m111m119m126m132m141m148m155m162m169m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2016 FY2017 FY2018 FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Total assets10,01110,75011,87413,36815,35919,60922,19322,51725,19428,25031,586
Cash and equivalents47.526.413.824.620.811751.615.4307203521
Receivables216222253231231343364329366376469
Goodwill727730730731731731731731731731731
Long-term debt2,1893,0672,4943,529n/an/an/an/an/an/an/a
Long-term debt including finance leasesn/an/an/a3,5294,5324,9305,7616,5547,7848,9079,749
Borrowings, as the company tags them2,4603,0853,0853,5604,5607,3607,9606,5607,7858,93510,225
Operating lease liabilitiesn/an/an/an/a201195184194224263n/a
Finance lease liabilitiesn/an/an/an/a8.518.350.448.847.245.5n/a
Shareholders' equity3,4633,8994,7705,7506,7917,9079,41910,87012,15813,55915,258
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a10.8%3.8%6.5%
Profit growth, compoundedn/a14.8%15.7%21.1%
Return on equity, average9.3%8.4%8.5%8.8%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20266 May 2026EDGAR
10-Q31 December 20253 February 2026EDGAR
10-K30 September 202514 November 2025EDGAR
10-Q30 June 20256 August 2025EDGAR
10-Q31 March 20257 May 2025EDGAR
10-Q31 December 20244 February 2025EDGAR
10-K30 September 202418 November 2024EDGAR
10-Q30 June 20247 August 2024EDGAR
10-Q31 March 20248 May 2024EDGAR

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