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) Gross margin

Atmos Energy Corporation's gross margin over the twelve months to 30 June 2026 was 80.3%, up 3.0 percentage points from fiscal 2025 (77.3%). Over the past ten years it has ranged from 55.7% (fiscal 2015) to 77.6% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Utilities Regulated Gas industry median of 63.1% and above the Utilities sector median of 62.0%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 77.3% (0.25)
FY2024 77.6% 11.55
FY2023 66.0% 6.08
FY2022 60.0% (9.74)
FY2021 69.7% (6.96)
FY2020 76.7% 6.25
FY2019 70.4% 7.88
FY2018 62.5% (3.94)
FY2017 66.5% (3.14)
FY2016 69.6% 13.87

Quarterly

Period Gross margin Change (points)
Jun 2026 99.1% 33.08
Mar 2026 66.0% (11.96)
Dec 2025 78.0% (22.19)
Sep 2025 100.1% 6.56
42 more quarters

Against its own ten years

Low 55.7% High 77.6%
Ten-year median 69.6%
Current reading's percentile 91

Gross margin against peers

Company Gross margin
SWX Southwest Gas Corporation compare 85.2%
ATO Atmos Energy Corporation 80.3%
NI NiSource, Inc compare 77.7%
SR Spire Inc. compare 65.4%
BKH Black Hills Corporation compare 65.2%
OGS ONE Gas, Inc. compare 63.1%
MDU MDU Resources Group, Inc. compare 58.7%
NJR NewJersey Resources Corporation compare 57.2%
UGI UGI Corporation compare 51.3%
Utilities Regulated Gas industry median 63.1%
Utilities sector median 62.0%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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