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.

Revenue
+4.80%
EPS
+23.1%
Free cash flow
−7.79%
Total debt
+14.7%

Quarter to June 2026, against a year earlier

173.44 1.56 −0.89%
Market cap
$29.6B
P/E
20.5×
Fwd P/E
20.4×
Dividend yield
2.31%
F-score
5/9
Altman Z
1.68
Beneish M
−2.62
Dividend safety
48/100

Atmos Energy Corporation (ATO) EV/EBITDA

Alert me on EV/EBITDA

As of 6 November 2026, Atmos Energy Corporation (ATO) trades at a EV/EBITDA of 15.1×. Over the past ten years it has ranged from 4.2× (October 2015) to 17.2× (April 2022); the current reading is higher than 80% of that period. That is above the Utilities Regulated Gas industry median of 12.2× and above the Utilities sector median of 12.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 15.8× 10.79%
FY2024 14.2× 10.62%
FY2023 12.9× (14.11%)
FY2022 15.0× 12.10%
FY2021 13.4× 4.03%
FY2020 12.8× (13.26%)
FY2019 14.8× 21.61%
FY2018 12.2× 5.29%
FY2017 11.6× 8.77%
FY2016 10.6× 152.26%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 15.0× (6.75%)
Mar 2026 16.1× 3.60%
Dec 2025 15.6× (1.31%)
Sep 2025 15.8× 7.58%
42 more quarters

Against its own ten years

Low 4.2× High 17.2×
Ten-year median 13.7×
Current reading's percentile 80

EV/EBITDA against peers

Company EV/EBITDA
UGI UGI Corporation compare 8.3×
OGS ONE Gas, Inc. compare 9.7×
SWX Southwest Gas Corporation compare 12.0×
NJR NewJersey Resources Corporation compare 12.1×
SR Spire Inc. compare 12.2×
NI NiSource, Inc compare 12.3×
BKH Bright Horizon Energy Corporation compare 12.3×
MDU MDU Resources Group, Inc. compare 12.3×
ATO Atmos Energy Corporation 15.1×
Utilities Regulated Gas industry median 12.2×
Utilities sector median 12.3×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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