Atmos Energy Corporation ATO

157.21 0.79 0.51% as of 25 Sep
Market cap
$26.4B
P/E
18.5×
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Atmos Energy Corporation (ATO) EV/EBITDA

As of 25 September 2026, Atmos Energy Corporation (ATO) trades at a EV/EBITDA of 14.0×. Over the past ten years it has ranged from 4.2× (October 2015) to 17.2× (April 2022); the current reading is higher than 59% of that period. That is above the Utilities Regulated Gas industry median of 11.5× and above the Utilities sector median of 12.1×.

EV/EBITDA, daily

Annual

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

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 59

EV/EBITDA against peers

Company EV/EBITDA
UGI UGI Corporation compare 8.2×
OGS ONE Gas, Inc. compare 9.0×
SWX Southwest Gas Corporation compare 10.9×
BKH Black Hills Corporation compare 11.3×
SR Spire Inc. compare 11.5×
NI NiSource, Inc compare 11.6×
NJR NewJersey Resources Corporation compare 11.6×
MDU MDU Resources Group, Inc. compare 12.3×
ATO Atmos Energy Corporation 14.0×
Utilities Regulated Gas industry median 11.5×
Utilities sector median 12.1×
Market median 11.0×

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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