Atmos Energy (ATO) Stock Price

Atmos Energy Price

NYSE·CLOSED
172.22USD-0.67 (-0.39 %)
Market closed

Revenue at Atmos Energy has contracted by 1.4% per year over the past 19 years to 4.70 B USD. Earnings per share have grown at 7.7% per year over the last 19 years. Atmos Energy's net margin stands at 25.5%, up from 19.5% several years earlier. Atmos Energy currently offers a dividend yield of about 2.10%. The payout ratio is around 50% of earnings. The dividend has grown at 5.7% per year over the past 19 years. Analysts set a median price target of 183.60 USD, implying 6.6% above the current price. Of 19 analysts, 6 rate the stock a buy — an overall Hold consensus. The stock trades about 10% above its 52-week low.

Atmos Energy stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Atmos Energy over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Atmos Energy stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Atmos Energy's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Atmos Energy Stock Price History
DateAtmos Energy Price
8/4/2026172.22 USD
8/3/2026172.89 USD
7/31/2026172.78 USD
7/30/2026174.26 USD
7/29/2026178.97 USD
7/27/2026179.17 USD
7/23/2026178.04 USD
7/22/2026178.47 USD
7/21/2026175.05 USD
7/20/2026177.33 USD
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7/15/2026174.98 USD
7/14/2026178.45 USD
7/13/2026178.74 USD
7/10/2026176.20 USD
7/9/2026174.72 USD
7/8/2026176.76 USD
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7/6/2026174.29 USD
7/2/2026176.87 USD
7/1/2026173.03 USD
6/30/2026172.27 USD
6/29/2026174.43 USD
6/26/2026175.17 USD
6/25/2026173.67 USD
6/24/2026172.59 USD
6/23/2026171.09 USD
6/22/2026170.32 USD
6/18/2026170.65 USD
6/17/2026168.98 USD
6/16/2026170.46 USD
6/15/2026170.24 USD
6/12/2026168.98 USD
6/11/2026170.30 USD
6/10/2026169.43 USD
6/9/2026167.62 USD
6/8/2026167.89 USD
6/5/2026170.44 USD
6/4/2026167.09 USD
6/3/2026169.50 USD
6/2/2026167.07 USD
6/1/2026168.07 USD
5/29/2026170.81 USD
5/28/2026174.30 USD
5/27/2026175.74 USD
5/26/2026177.89 USD
5/22/2026176.47 USD
5/21/2026175.56 USD
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5/15/2026176.48 USD
5/14/2026180.87 USD
5/13/2026179.95 USD
5/12/2026181.94 USD
5/11/2026182.13 USD
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5/6/2026184.76 USD
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4/30/2026189.98 USD
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4/23/2026187.81 USD
4/22/2026182.49 USD
4/21/2026182.93 USD
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4/15/2026186.26 USD
4/14/2026188.16 USD
4/13/2026187.75 USD
4/10/2026190.36 USD
4/9/2026192.29 USD
4/8/2026189.66 USD
4/7/2026188.70 USD
4/6/2026187.81 USD
4/2/2026188.97 USD
4/1/2026185.49 USD
3/31/2026184.72 USD
3/30/2026185.02 USD
3/27/2026183.19 USD
3/26/2026183.18 USD
3/25/2026181.55 USD
3/24/2026181.57 USD
3/23/2026181.03 USD
3/20/2026180.01 USD
3/19/2026184.90 USD
3/18/2026184.90 USD
3/17/2026186.98 USD
3/16/2026187.82 USD
3/13/2026188.58 USD
3/12/2026186.79 USD
3/11/2026184.30 USD
3/10/2026183.44 USD
3/9/2026185.24 USD
3/6/2026185.04 USD
3/5/2026185.38 USD
3/4/2026186.77 USD
3/3/2026186.00 USD
3/2/2026187.07 USD
2/27/2026186.79 USD
2/26/2026183.63 USD
2/25/2026182.06 USD
2/24/2026182.02 USD
2/23/2026181.72 USD
2/20/2026180.97 USD
2/19/2026178.97 USD
2/18/2026178.12 USD
2/17/2026180.24 USD
2/13/2026179.25 USD
2/12/2026177.77 USD
2/11/2026175.97 USD
2/10/2026174.17 USD
2/9/2026171.46 USD
2/6/2026171.38 USD
2/5/2026171.50 USD
2/4/2026171.83 USD
2/3/2026168.81 USD
2/2/2026166.52 USD
1/30/2026166.34 USD
1/29/2026166.00 USD
1/28/2026166.00 USD
1/27/2026169.03 USD
1/26/2026168.50 USD
1/23/2026165.34 USD
1/22/2026165.40 USD
1/21/2026168.37 USD
1/20/2026167.66 USD
1/16/2026170.47 USD
1/15/2026170.28 USD
1/14/2026168.72 USD
1/13/2026168.41 USD
1/12/2026167.61 USD
1/9/2026166.79 USD
1/8/2026167.10 USD
1/7/2026166.15 USD
1/6/2026167.54 USD
1/5/2026166.88 USD
1/2/2026169.36 USD
12/31/2025167.63 USD
12/30/2025168.58 USD
12/29/2025168.78 USD
12/26/2025168.13 USD
12/24/2025168.40 USD
12/23/2025167.99 USD
12/22/2025167.34 USD
12/19/2025166.70 USD
12/18/2025169.42 USD
12/17/2025169.17 USD
12/16/2025168.00 USD
12/15/2025170.75 USD
12/12/2025168.37 USD
12/11/2025167.09 USD
12/10/2025166.80 USD
12/9/2025166.28 USD
12/8/2025167.07 USD
12/5/2025171.29 USD
12/4/2025170.95 USD
12/3/2025171.15 USD
12/2/2025170.08 USD
12/1/2025171.72 USD
11/28/2025176.37 USD
11/26/2025175.74 USD
11/25/2025173.34 USD
11/24/2025174.56 USD
11/21/2025175.16 USD
11/20/2025174.77 USD
11/19/2025173.92 USD
11/18/2025175.22 USD
11/17/2025175.68 USD
11/14/2025175.12 USD
11/13/2025177.97 USD
11/12/2025177.83 USD
11/11/2025178.66 USD
11/10/2025177.76 USD
11/7/2025176.91 USD
11/6/2025175.48 USD
11/5/2025172.59 USD
11/4/2025173.95 USD
11/3/2025172.70 USD
10/31/2025171.72 USD
10/30/2025173.35 USD
10/29/2025171.66 USD
10/28/2025174.49 USD
10/27/2025176.35 USD
10/24/2025175.83 USD
10/23/2025175.75 USD
10/22/2025177.10 USD
10/21/2025177.04 USD
10/20/2025177.74 USD
10/17/2025176.42 USD
10/16/2025176.37 USD
10/15/2025179.19 USD
10/14/2025177.65 USD
10/13/2025175.54 USD
10/10/2025177.18 USD
10/9/2025174.93 USD
10/8/2025175.75 USD
10/7/2025174.91 USD
10/6/2025173.32 USD
10/3/2025170.19 USD
10/2/2025168.85 USD
10/1/2025169.38 USD
9/30/2025170.75 USD
9/29/2025169.55 USD
9/28/2025169.55 USD
9/25/2025168.45 USD
9/24/2025166.46 USD
9/23/2025166.34 USD
9/22/2025162.96 USD
9/19/2025162.94 USD
9/18/2025162.44 USD
9/17/2025163.45 USD
9/16/2025163.21 USD
9/15/2025165.81 USD
9/12/2025166.73 USD
9/11/2025166.39 USD
9/10/2025163.91 USD
9/9/2025164.07 USD
9/8/2025163.87 USD
9/5/2025166.06 USD
9/4/2025164.79 USD
9/3/2025165.22 USD
9/2/2025165.46 USD
8/29/2025166.14 USD
8/28/2025165.43 USD
8/27/2025166.25 USD
8/26/2025166.01 USD
8/25/2025165.45 USD
8/22/2025168.29 USD
8/21/2025166.79 USD
8/20/2025166.09 USD
8/19/2025165.81 USD
8/18/2025164.02 USD
8/15/2025165.75 USD
8/14/2025166.13 USD
8/13/2025166.98 USD
8/12/2025165.72 USD
8/11/2025165.04 USD
8/8/2025164.09 USD
8/7/2025162.72 USD
8/6/2025157.02 USD
8/5/2025156.61 USD
Access this data via the Eulerpool API

Atmos Energy Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
4.28 B USD
1.07 B USD
885.32 M USD
Jan 1, 2024
4.17 B USD
1.36 B USD
1.04 B USD
Jan 1, 2025
4.70 B USD
1.56 B USD
1.20 B USD
Jan 1, 2026 (e)
5.17 B USD
2.44 B USD
1.40 B USD
Jan 1, 2027 (e)
5.58 B USD
2.63 B USD
1.49 B USD
Jan 1, 2028 (e)
6.07 B USD
2.86 B USD
1.62 B USD
Jan 1, 2029 (e)
6.89 B USD
3.25 B USD
1.75 B USD
Jan 1, 2030 (e)
7.41 B USD
3.49 B USD
1.90 B USD

Atmos Energy Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 5, 2026, 4:10 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
2.932.452.763.122.902.823.414.204.284.174.705.175.586.076.897.41
-40.77-16.1312.4312.90-6.87-2.7620.7723.301.76-2.5712.8910.027.838.7713.617.44
38.0747.6446.9443.4048.6754.3149.7543.0448.1457.9152.3652.3652.3652.3652.3652.36
1.111.171.301.351.411.531.701.812.062.412.462.712.923.183.613.88
0.610.660.740.730.750.820.900.921.071.361.562.442.632.863.253.49
20.9226.7726.6423.3425.7229.2126.5321.9024.9632.5333.1647.1147.1047.1147.1147.10
0.320.350.400.600.510.600.670.770.891.041.201.401.491.621.751.90
9.0011.1113.1452.27-15.2617.6110.6516.3914.3417.7414.9716.446.888.658.028.46
1.591.711.841.982.152.352.562.783.033.293.614.004.354.72
-29.027.557.028.208.599.308.948.598.638.949.7310.808.758.51
102.71105.28108.56113.83121.36127.03133.69141.94149.80157.82164.87164.87164.87164.87164.87164.87
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Atmos Energy generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Atmos Energy retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Atmos Energy's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Atmos Energy has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Atmos Energy's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Atmos Energy stock margins

The Atmos Energy margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Atmos Energy. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Atmos Energy.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
49.77 %
26.56 %
19.53 %
Jan 1, 2022
43.05 %
21.92 %
18.43 %
Jan 1, 2023
48.14 %
24.96 %
20.71 %
Jan 1, 2024
57.92 %
32.54 %
25.04 %
Jan 1, 2025
52.37 %
33.17 %
25.49 %
Jan 1, 2026 (e)
52.37 %
47.11 %
26.98 %
Jan 1, 2027 (e)
52.37 %
47.11 %
26.75 %
Jan 1, 2028 (e)
52.37 %
47.11 %
26.71 %

Atmos Energy Stock Revenue, EBIT, Earnings per Share

The Atmos Energy earnings per share therefore indicates how much revenue Atmos Energy has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
25.49 USD
6.77 USD
4.98 USD
Jan 1, 2022
29.60 USD
6.49 USD
5.46 USD
Jan 1, 2023
28.54 USD
7.12 USD
5.91 USD
Jan 1, 2024
26.39 USD
8.59 USD
6.61 USD
Jan 1, 2025
28.52 USD
9.46 USD
7.27 USD
Jan 1, 2026 (e)
31.27 USD
14.78 USD
8.44 USD
Jan 1, 2027 (e)
33.72 USD
15.94 USD
9.02 USD
Jan 1, 2028 (e)
36.68 USD
17.34 USD
9.80 USD

Atmos Energy business model & stock analysis

Atmos Energy Corp is an American company headquartered in Dallas, Texas. It is a leading regional provider of natural gas, serving a customer base of over 3 million across eight states in the USA. The company's name is derived from the atmosphere, which consists of various gases, including natural gas. History Atmos Energy Corp originated in 1906 in Amarillo, Texas, when the Lubbock Gas Company was founded. It went through several mergers and acquisitions in the following decades, including the acquisition of Waco Gas Light Company in 1947 and Citizens Gas Company in Kansas City in 1964. In 1983, the company was renamed Atmos Energy Corporation. Since then, it has become one of the largest natural gas suppliers in the country. Business Model Atmos Energy Corp is divided into different business segments, including Regulated Distribution Operations, Regulated Pipeline and Storage Operations, and Non-Regulated Operations. The Regulated business encompasses supplying natural gas to households, businesses, and government facilities. The Non-Regulated business involves trading, selling, and transporting natural gas to other companies and households. Segments Atmos Energy Corp is divided into three main segments: 1. Regulated Distribution Operations: This segment supplies natural gas to several million households, businesses, and government facilities across eight states in the USA. The company operates a network of natural gas pipelines, enabling it to deliver gas to its customers safely and reliably. It also provides a variety of services, including billing, installation, repair, and maintenance of equipment. 2. Regulated Pipeline and Storage Operations: This segment operates multiple pipelines that transport natural gas from production areas for distribution to its customers. It also operates several natural gas storage facilities to ensure an adequate supply of gas for its customers. 3. Non-Regulated Operations: This segment engages in the trading of natural gas and provides transportation services for other natural gas companies. It also operates several compressor stations that increase the pressure of natural gas to facilitate transport. Products and Services Atmos Energy Corp offers a variety of products and services for households, businesses, and government facilities, including: 1. Natural Gas: Atmos Energy Corp provides high-quality natural gas for heating, cooking, and hot water supply. The company ensures timely and reliable delivery to its customers. 2. Equipment Installation and Repair: Atmos Energy Corp provides a range of installation and repair services for equipment such as heaters, air conditioners, and water heaters. The company has qualified technicians that ensure quick and effective service. 3. Energy Efficiency Programs: Atmos Energy Corp offers a variety of energy efficiency programs to help its customers save energy and reduce their energy costs. This includes programs for smart thermostats, insulation, and high-efficiency appliances. Conclusion Atmos Energy Corp is a leading natural gas provider in the USA, offering a variety of products and services for households, businesses, and government facilities. The company has a long history in the natural gas industry and is divided into different business segments, including Regulated Distribution Operations, Regulated Pipeline and Storage Operations, and Non-Regulated Operations. With its wide range of products and services, experience, and reliability, Atmos Energy Corp is a key player in the US natural gas industry.

Atmos Energy SWOT Analysis

Strengths

Atmos Energy Corp has several strengths that contribute to its success in the market. These include a strong financial position, with consistent revenue growth and a solid balance sheet. The company operates in a regulated industry, which provides stability and predictable cash flows. Atmos Energy also boasts a large and diverse customer base, allowing for revenue diversification and reducing reliance on a single sector or region.

Weaknesses

However, there are some weaknesses that Atmos Energy Corp needs to address. One primary concern is its dependency on natural gas prices, as fluctuations in prices can impact profitability. Additionally, the company faces regulatory risks, as changes in regulations and policies can affect its operations and revenue streams. Another weakness is the potential for weather-related disruptions, such as hurricanes or extreme temperatures, which can damage infrastructure and disrupt service.

Opportunities

Atmos Energy Corp has several opportunities for growth and expansion. The increasing focus on clean energy and environmental sustainability presents an opportunity for the company to invest in renewable energy sources and technologies. Furthermore, the expansion of natural gas infrastructure and the transition towards a low-carbon economy provide potential growth avenues. Additionally, market consolidation and potential acquisitions offer opportunities for further market penetration and expansion of customer base.

Threats

Despite its strengths, Atmos Energy Corp faces certain threats in the market. One major threat is the volatility of natural gas prices, which can impact the company's financial performance. Moreover, intense competition within the industry poses a threat to market share and pricing power. The increasing focus on renewable energy and the shift away from fossil fuels can also pose a long-term threat to the natural gas industry as a whole.

Atmos Energy Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Atmos Energy Employees
Details
Date
Atmos Energy Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Atmos Energy Segments

Atmos Energy Revenue by Segment (1/2)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Distribution Segment
Distribution
Natural Gas Distribution Segment
Regulated Distribution Segment
Nonregulated Segment
Pipeline and Storage
Pipeline and Storage Segment
Regulated Pipeline Segment
Regulated Transmission and Storage Segment
Intersegment Elimination
Natural Gas Marketing Segment
Eliminations
Details
Date
Distribution Segment
Distribution
Natural Gas Distribution Segment
Regulated Distribution Segment
Nonregulated Segment
Pipeline and Storage
Pipeline and Storage Segment
Regulated Pipeline Segment
Regulated Transmission and Storage Segment
Intersegment Elimination
Natural Gas Marketing Segment
Eliminations
Jan 1, 2013
0.00 USD
0.00 USD
2.40 B USD
0.00 USD
1.60 B USD
0.00 USD
0.00 USD
0.00 USD
268.90 M USD
-380.85 M USD
0.00 USD
0.00 USD
Jan 1, 2014
0.00 USD
0.00 USD
0.00 USD
3.06 B USD
2.07 B USD
0.00 USD
0.00 USD
318.46 M USD
0.00 USD
-506.38 M USD
0.00 USD
0.00 USD
Jan 1, 2015
0.00 USD
0.00 USD
0.00 USD
2.76 B USD
1.47 B USD
0.00 USD
0.00 USD
370.11 M USD
0.00 USD
-464.02 M USD
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
2.29 B USD
1.07 B USD
0.00 USD
0.00 USD
408.83 M USD
0.00 USD
-417.11 M USD
0.00 USD
0.00 USD
Jan 1, 2017
2.65 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
457.03 M USD
0.00 USD
0.00 USD
-346.47 M USD
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
3.00 B USD
0.00 USD
0.00 USD
0.00 USD
115.14 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
-410.64 M USD
Jan 1, 2020
0.00 USD
2.63 B USD
0.00 USD
0.00 USD
0.00 USD
609.34 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Atmos Energy Revenue by Segment (2/2)

  • 3 Years

  • 5 Years

  • Max

Distribution
Pipeline and Storage
Details
Date
Distribution
Pipeline and Storage
Jan 1, 2013
0.00 USD
0.00 USD
Jan 1, 2014
0.00 USD
0.00 USD
Jan 1, 2015
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
Jan 1, 2019
2.64 M USD
408.00 M USD
Jan 1, 2020
0.00 USD
0.00 USD

Atmos Energy Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Atmos Energy historical P/E ratio, EBIT multiple, and P/S ratio

Atmos Energy annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Atmos Energy shares outstanding

The number of shares of Atmos Energy was 164.87 M in 2025. This indicates how many shares Atmos Energy is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
133.69 M Stocks
Jan 1, 2022
141.94 M Stocks
Jan 1, 2023
149.80 M Stocks
Jan 1, 2024
157.82 M Stocks
Jan 1, 2025
164.87 M Stocks
Jan 1, 2026 (e)
164.87 M Stocks
Jan 1, 2027 (e)
164.87 M Stocks
Jan 1, 2028 (e)
164.87 M Stocks

Atmos Energy stock splits

In Atmos Energy's history, there have been no stock splits.

Atmos Energy Dividend History

37 years of dividend payments · 10 consecutive increases

YearAnnual DividendYoY ChangePayments
20261.00USDYTD
Feb 23, 20261.00USD 0.0%1/1
20253.61USD 9.9%
Feb 25, 20250.87USD 0.0%1/4
May 27, 20250.87USD 0.0%2/4
Aug 25, 20250.87USD 0.0%3/4
Nov 24, 20251.00USD 14.9%4/4
20243.29USD 8.6%
20233.03USD 8.8%
20222.78USD 8.8%
20212.56USD 8.7%
20202.35USD 9.3%
20192.15USD 8.6%
20181.98USD 7.9%
20171.84USD 7.3%

Atmos Energy dividend history and estimates

In 2025, Atmos Energy paid a dividend amounting to 3.61 USD. Dividend means that Atmos Energy distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
2.56 USD
0.00 USD
Jan 1, 2022
2.78 USD
0.00 USD
Jan 1, 2023
3.03 USD
0.00 USD
Jan 1, 2024
3.29 USD
0.00 USD
Jan 1, 2025
3.61 USD
0.00 USD
Jan 1, 2026 (e)
2.00 USD
2.00 USD
Jan 1, 2027 (e)
0.00 USD
4.35 USD
Jan 1, 2028 (e)
0.00 USD
4.72 USD

Atmos Energy dividend payout ratio

In 2025, Atmos Energy had a payout ratio of 49.65%. The payout ratio indicates the percentage of the company's profits that Atmos Energy distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
51.32 %
Jan 1, 2022
50.95 %
Jan 1, 2023
51.18 %
Jan 1, 2024
49.71 %
Jan 1, 2025
49.65 %
Jan 1, 2026 (e)
47.41 %
Jan 1, 2027 (e)
48.18 %
Jan 1, 2028 (e)
48.18 %

Current Atmos Energy forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
1.69 %
Buy
31.58 % (6)
Hold
68.42 % (13)
Sell
0.00 % (0)
12M Price Target
183.60
Last Price
172.22
Currency
USD
12M Return Potential
6.61 %
LTM Return
0 %

Atmos Energy Analyst Rating Actions

DateFirmActionRatingReliability
7/17/2026
Truist Securities
Truist Securities
MaintainedHold
7/14/2026
JP Morgan
JP Morgan
MaintainedOverweight80
7/14/2026
Barclays
Barclays
MaintainedEqual Weight33
7/2/2026
Argus Research
Argus Research
MaintainedBuy
5/29/2026
Mizuho
Mizuho
MaintainedNeutral31
5/18/2026
Truist Securities
Truist Securities
MaintainedHold
5/15/2026
TD Cowen
TD Cowen
MaintainedHold60
5/8/2026
Citigroup
Citigroup
MaintainedNeutral48
4/21/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
4/8/2026
Barclays
Barclays
MaintainedEqual Weight33

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Atmos Energy Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
8/5/20261.34USD-941.71 MUSD-2026 Q3
5/6/20263.40USD-2.24 BUSD-2026 Q2
2/3/20262.44USD-1.40 BUSD-2026 Q1
11/14/20251.01USD-728.51 MUSD-2025 Q4
11/6/20240.80USD-791.34 MUSD-2024 Q4
5/1/20242.66USD-1.70 BUSD-2024 Q2
2/5/20242.09USD-1.64 BUSD-2024 Q1
11/7/20230.62USD-717.03 MUSD-2023 Q4
8/1/20231.24USD-896.01 MUSD-2023 Q3
5/2/20232.73USD-1.72 BUSD-2023 Q2
...

EESG©

Eulerpool ESG Scorecard© for the Atmos Energy stock

49/100
25
Environment
39
Social
82
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees23
Percentage of women in management
Percentage of Asian employees2
Share of Asian management
Percentage of Hispanic/Latino employees20
Hispano/Latino Management share
Percentage of Black employees13
Black Management Share
Percentage of white employees64
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Atmos Energy shareholder structure

% Name
12.62209%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
10.54882%
BLACKROCK, INC.
BLACKROCK, INC.
7.58577%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
7.18921%
Capital International Investors
Capital International Investors
6.87424%
STATE STREET CORP
STATE STREET CORP
6.51980%
State Street Investment Management (US)
State Street Investment Management (US)
...

Atmos Energy Beneficial Ownership Filings (SEC 13D/G)

Free Float
99.5%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
12.37%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
10.00%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
9.00%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
7.73%
STATE STREET CORPORATION
STATE STREET CORPORATION
SEC ↗
7.53%
Vanguard Capital Management
Vanguard Capital Management
SEC ↗
6.50%
Wellington Management Group LLP
Wellington Management Group LLP
SEC ↗
5.62%
Vanguard Portfolio Management
Vanguard Portfolio Management
SEC ↗
5.60%
52-0556948
52-0556948
SEC ↗
5.10%
Franklin Resources, Inc. (13-2670991)
Franklin Resources, Inc. (13-2670991)
SEC ↗
4.91%
Aristotle Capital Management, LLC
Aristotle Capital Management, LLC
SEC ↗

Atmos Energy Executives and Management Board

16 members · avg. age 63 · 31 % women

JA

Mr. John Akers (62)

President, Chief Executive Officer, Director · since 2017

9.95 M USD

Management

CF

Mr. Christopher Forsythe (54)

Chief Financial Officer, Senior Vice President

3.06 M USD
JP

Ms. Jessica Bateman Pulliam (48)

Senior Vice President, General Counsel, Corporate Secretary

2.80 M USD
JM

Mr. John McDill (61)

Senior Vice President - Utility Operations

2.32 M USD
KH

Ms. Karen Hartsfield (55)

Senior Advisor

2.31 M USD
JR

Mr. John Robbins (55)

Senior Vice President - Human Resources

1.71 M USD

Board of Directors

KC

Mr. Kim Cocklin (74)

Independent Non-Executive Chairman of the Board · since 2006

389,196.00 USD
RS

Mr. Richard Sampson (74)

Independent Director

324,583.00 USD
NQ

Ms. Nancy Quinn (72)

Independent Director

305,016.00 USD
FY

Mr. Franklin Yoho (66)

Independent Director

305,000.00 USD
RG

Mr. Rafael Garza (65)

Independent Director

298,056.00 USD
KC

Ms. Kelly Compton (68)

Independent Director

289,196.00 USD

Atmos Energy Supply Chain

Atmos Energy Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
17 companies
#Nameβ 1YTrend
1
Southwest Gas Holdings
Supplier·Gas Utilities·US
0.34
-0.50
0.68
0.69
0.67
0.72
0.88
2
ConocoPhillips
Supplier·Oil, Gas & Consumable Fuels·US
-0.23
0.56
0.76
0.89
0.77
0.62
1.38
3
CenterPoint Energy, Inc.
Supplier·Multi-Utilities·US
0.94
0.98
0.92
0.86
0.86
0.60
0.94
4
Devon Energy Corporation
Supplier·Oil, Gas & Consumable Fuels·US
-0.15
0.35
0.72
0.90
0.75
0.59
5
Mitsubishi
Supplier·Trading Companies & Distributors·JP
0.61
-0.25
0.70
0.90
0.72
0.56
1.84
#Nameβ 1YTrend
1
Noranda Aluminum Hldg
Customer·Metals & Mining·US
0.55
0.71
-0.66
-0.78
-0.40
2
AT&T Inc.
Supplier·Diversified Telecommunication Services·US
0.36
0.37
-0.31
-0.42
-0.58
-0.49
-0.84
3
0.44
0.79
-0.53
-0.80
-0.78
-0.19
4
Georg Fischer
Supplier·Machinery·CH
0.14
0.55
-0.57
-0.80
-0.78
-0.18
5
Primoris Services
Supplier·Construction & Engineering·US
0.45
0.89
-0.19
0.31
-0.14
-0.16
-0.37

Frequently asked questions about Atmos Energy

The business model of Atmos Energy Corp is focused on the distribution and transportation of natural gas. As a regulated utility, the company operates through three segments: distribution, pipeline, and storage. Atmos Energy serves residential, commercial, industrial, and municipal customers, delivering natural gas to over three million customers across eight states in the United States. With a strong emphasis on safety, reliability, and customer service, Atmos Energy ensures the efficient delivery of natural gas to meet the energy needs of its customers. This allows the company to generate revenue and provide value to its shareholders.

Atmos Energy Corp is primarily active in the energy industry, specifically specializing in natural gas distribution, transmission, storage, and marketing.

The main competitors of Atmos Energy Corp in the market include Dominion Energy, CenterPoint Energy, and ONE Gas.

Atmos Energy Corp is a leading natural gas distribution company headquartered in the United States. Founded in 1906 as the West Texas Utilities Company, Atmos Energy has grown over the years to become one of the largest gas utility providers in the country. The company operates in eight states, serving over 3 million customers. With a rich history spanning more than a century, Atmos Energy has established a reputation for providing reliable and safe natural gas services to residential, commercial, and industrial customers. Continually striving for excellence, Atmos Energy focuses on delivering innovative solutions and building strong relationships within the communities it serves.

Atmos Energy Corp has achieved several significant milestones throughout its history. The company's accomplishments include expanding its natural gas distribution system to serve more than 3 million customers across 8 states in the United States. Atmos Energy Corp has also made substantial investments in infrastructure, enabling the delivery of reliable and affordable natural gas to its customers. The company has a strong commitment to safety and has implemented various initiatives to enhance the well-being of its workforce and communities. Additionally, Atmos Energy Corp has consistently delivered strong financial performance, contributing to its reputation as a leading provider of natural gas services.

Atmos Energy Corp is primarily present in the United States.

Atmos Energy Corp represents a set of core values and corporate philosophy that drive their operations. The company prioritizes safety, integrity, customer service, environmental stewardship, and community involvement. With a commitment to ensuring the safety of their employees and the public, Atmos Energy Corp maintains strict safety protocols throughout their gas distribution system. They also uphold the highest standards of integrity, promoting honesty, fairness, and ethical behavior. Their customer-centric approach focuses on delivering reliable and efficient natural gas services while fostering strong relationships with customers. Atmos Energy Corp actively supports environmental sustainability initiatives and actively engages in community outreach programs to give back to the communities they serve.

Analysts currently set an average price target of 182.25 USD for the Atmos Energy stock (median: 183.60 USD), implying +5.8 % versus the latest price. The consensus is based on 19 analyst ratings.

19 analysts currently rate the Atmos Energy stock: 6 recommend buying, 13 holding and 0 selling. For 2026, analysts expect Atmos Energy to generate revenue of 5.17 B USD and earnings per share of 8.47 USD.

Converted at the current exchange rate, the Atmos Energy share trades at 149.43 EUR (172.22 USD).

The Atmos Energy share (ATO) is listed on 6 stock exchanges, including: NYSE (ATO), XETRA (AEO.DE), Frankfurt (AEO.F), München (AEO.MU), Düsseldorf (AEO.DU), SIX (Zürich) (AEOCHF.SW).

Atmos Energy Corp is a leading US company in the energy industry. The company offers a wide range of products and services to meet customers' energy needs. Its business model is based on various divisions that cover the entire spectrum of the energy industry. These divisions and the products and services offered are described in more detail below. Natural Gas Division: Atmos Energy Corp operates in the natural gas sector and provides customers with high-quality natural gas. The company offers various products and services in the natural gas sector, including: - Supply: Atmos Energy Corp is a reliable supplier of natural gas to households, businesses, and companies in various regions of the USA. - Infrastructure: The company maintains an extensive network of pipelines, compression stations, storage facilities, and other facilities to ensure the safe and efficient supply of natural gas. - Customer service: Atmos Energy Corp provides customer service and technical support to ensure that customers can make optimal use of their energy supply. Regulated utility companies: Atmos Energy Corp operates regulated utility companies in various US states. These companies offer the following products and services: - Supply: Atmos Energy Corp's regulated utility companies provide energy to households, businesses, and communities. - Infrastructure: The companies operate and maintain an extensive network of pipelines, regulators, meters, and other facilities needed for energy supply. - Customer service: The companies offer customer service and technical support to ensure that customers can make optimal use of their energy supply. Non-regulated energy providers: Atmos Energy Corp also operates as a non-regulated energy provider and offers products and services that give customers greater control over their energy supply. These products and services include: - Customer service: Atmos Energy Corp provides customer service and technical support to ensure that customers can make optimal use of their energy supply. - Energy procurement: The company procures non-regulated energy through the buying and selling of energy in various markets. - Energy efficiency: Atmos Energy Corp helps customers improve their energy efficiency and reduce energy costs. In summary, Atmos Energy Corp offers a wide range of products and services to meet its customers' energy needs. The company's various divisions include regulated utility companies, non-regulated energy providers, and the natural gas division. The company operates an extensive network of pipelines, compression stations, storage facilities, and other facilities to ensure the safe and efficient supply of energy. Atmos Energy Corp is a reliable supplier of natural gas to households, businesses, and communities in various regions of the USA. The company provides customer service and technical support to ensure that customers can make optimal use of their energy supply. Additionally, Atmos Energy Corp helps customers reduce their energy costs through energy procurement and energy efficiency measures.

The expected revenue of Atmos Energy is 5.17 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Atmos Energy is 1.40 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Atmos Energy is currently 20.34. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Atmos Energy stock.

The price-to-sales ratio (P/S) of Atmos Energy is currently 5.49. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Atmos Energy stock.

The Eulerpool Quality Score for Atmos Energy is 4/10.

The ISIN of Atmos Energy is US0495601058. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Atmos Energy is 868746. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Atmos Energy is ATO. The ticker symbol is used to trade Atmos Energy shares on the stock exchange.

Over the past 12 months, Atmos Energy paid a dividend of 3.61 USD . This corresponds to a dividend yield of about 2.10 %. For the coming 12 months, Atmos Energy is expected to pay a dividend of 4.35 USD.

The current dividend yield of Atmos Energy is 2.10 %.

Atmos Energy pays a dividend, distributed in the months of , , , .

Atmos Energy paid dividends every year for the past 36 years.

For the upcoming 12 months, dividends amounting to 4.35 USD are expected. This corresponds to a dividend yield of 2.51 %.

Atmos Energy is assigned to the 'Utilities' sector.

To receive the latest dividend of Atmos Energy from amounting to 1 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Atmos Energy distributed 3.22 USD as dividends.

The dividends of Atmos Energy are distributed in USD.

All fundamentals and in-depth analysis of Atmos Energy

Our stock analysis for Atmos Energy stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Atmos Energy. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.