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.
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Atmos Energy Corporation (ATO) P/B ratio
As of 16 October 2026, Atmos Energy Corporation (ATO) trades at a P/B ratio of 1.8×. Over the past ten years it has ranged from 1.4× (October 2023) to 2.5× (November 2017); the current reading is higher than 46% of that period. That is above the Utilities Regulated Gas industry median of 1.6× and above the Utilities sector median of 1.6×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 2.0× | 15.03% |
| FY2024 | 1.7× | 26.83% |
| FY2023 | 1.4× | (7.95%) |
| FY2022 | 1.5× | 2.95% |
| FY2021 | 1.4× | (16.24%) |
| FY2020 | 1.7× | (25.55%) |
| FY2019 | 2.3× | 7.54% |
| FY2018 | 2.2× | (6.32%) |
| FY2017 | 2.3× | 3.50% |
| FY2016 | 2.2× | 19.57% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 1.9× | (7.84%) |
| Mar 2026 | 2.1× | 8.00% |
| Dec 2025 | 1.9× | (4.59%) |
| Sep 2025 | 2.0× | 9.15% |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| OGS ONE Gas, Inc. compare | 1.3× |
| SR Spire Inc. compare | 1.4× |
| MDU MDU Resources Group, Inc. compare | 1.4× |
| BKH Black Hills Corporation compare | 1.4× |
| SWX Southwest Gas Corporation compare | 1.5× |
| UGI UGI Corporation compare | 1.6× |
| NI NiSource, Inc compare | 1.7× |
| ATO Atmos Energy Corporation | 1.8× |
| NJR NewJersey Resources Corporation compare | 2.0× |
| Utilities Regulated Gas industry median | 1.6× |
| Utilities sector median | 1.6× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on ATO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement