Atmos Energy Corporation

ATO Utilities Utilities Regulated Gas

Atmos Energy Corporation’s revenue for fiscal 2025 (year ended September 2025) was $4.7 billion, up 12.9% from fiscal 2024. In the quarter to June 2026, revenue grew 4.80%, EPS grew 23.1%, free cash flow fell 7.79% and total debt rose 14.7%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

167.56 3.61 +2.20%
Market cap
$27.7B
P/E
19.8×
Fwd P/E
20.2×
Dividend yield
2.39%
F-score
5/9
Altman Z
1.68
Beneish M
−2.62
Dividend safety
48/100

Atmos Energy Corporation (ATO) Debt to equity

Alert me on Debt to equity

Atmos Energy Corporation's debt to equity at the end of the quarter to 30 June 2026 was 0.7×, up 0.0× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.6× (fiscal 2023) to 0.9× (fiscal 2021); the current reading is higher than 36% of that period. That is below the Utilities Regulated Gas industry median of 1.2× and below the Utilities sector median of 1.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.7× 2.49%
FY2024 0.6× 5.82%
FY2023 0.6× (27.62%)
FY2022 0.8× (8.82%)
FY2021 0.9× 38.93%
FY2020 0.7× (3.94%)
FY2019 0.7× 7.99%
FY2018 0.6× (28.65%)
FY2017 0.9× 28.03%
FY2016 0.7× (7.71%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.7× 4.75%
Mar 2026 0.6× (4.23%)
Dec 2025 0.7× 1.64%
Sep 2025 0.7× (1.32%)
42 more quarters

Against its own ten years

Low 0.6× High 0.9×
Ten-year median 0.7×
Current reading's percentile 36

Debt to equity against peers

Company Debt to equity
ATO Atmos Energy Corporation 0.7×
OGS ONE Gas, Inc. compare 0.7×
SWX Southwest Gas Corporation compare 0.9×
MDU MDU Resources Group, Inc. compare 0.9×
BKH Black Hills Corporation compare 1.1×
UGI UGI Corporation compare 1.3×
NJR NewJersey Resources Corporation compare 1.4×
NI NiSource, Inc compare 1.5×
SR Spire Inc. compare 1.7×
Utilities Regulated Gas industry median 1.2×
Utilities sector median 1.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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