profit from every $100 of sales.

Atmos Energy
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $24.76 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Atmos Energy sold, what it kept, and what it did with the cash.
Sales went from $4.20 billion in 2022 to $4.70 billion in 2025, with $1.20 billion of profit last year.
Atmos Energy vs. similar companies
Atmos Energy grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Atmos Energy | 24.8× · Fair price | ||
NiSource | 23.5× · Fair price | ||
Southwest Gas Holdings | 15.3× · Fair price | ||
ONE Gas | 19.6× · Fair price | ||
Centuri Holdings | 102.2× · Very expensive |
Compare Atmos Energy with Cheniere Energy Partners, L.P. · Cheniere Energy
AI analysis
An AI analyst reads Atmos Energy's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,821 | 3,407 | 4,202 | 4,275 | 4,165 | 4,703 | |
| – | – | 1,809 | 2,058 | 2,412 | 2,734 | |
| 824 | 905 | 921 | 1,067 | 1,355 | 1,560 | |
| 1,261 | 1,381 | 1,490 | 1,741 | 2,096 | 2,384 | |
| 601 | 666 | 774 | 886 | 1,043 | 1,199 | |
| 4.89 | 5.12 | 5.60 | 6.10 | 6.83 | 7.46 | |
| – | – | 43.1% | 48.1% | 57.9% | 58.1% | |
| 29.2% | 26.6% | 21.9% | 25.0% | 32.5% | 33.2% | |
| 21.3% | 19.5% | 18.4% | 20.7% | 25.0% | 25.5% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 15,359 | 19,609 | 22,193 | 22,517 | 25,194 | 28,250 |
| Cash | 21 | 117 | 52 | 15 | 307 | 203 |
| Total debt | 4,770 | 7,573 | 8,370 | 7,123 | 8,129 | 9,304 |
| Total liabilities | – | – | 12,774 | 11,647 | 13,037 | 14,691 |
| 6,791 | 7,907 | 9,419 | 10,870 | 12,158 | 13,559 | |
| 123 | 130 | 138 | 145 | 153 | 161 | |
| 5.7% | 4.6% | 4.2% | 5.0% | 5.6% | 5.7% | |
| 8.9% | 8.4% | 8.2% | 8.1% | 8.6% | 8.8% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,038 | -1,084 | 978 | 3,460 | 1,734 | 2,049 | |
| 1,936 | 1,970 | 2,444 | 2,806 | 2,937 | 3,561 | |
| -898 | -3,054 | -1,467 | 654 | -1,203 | -1,512 | |
| Dividends paid | 282 | 324 | 376 | 430 | 493 | 554 |
| – | – | – | – | – | – | |
| 10 | 11 | 11 | 10 | 11 | 13 |
Valuation
- 24.8×
- 21.1×
- 2.81
- 2.0×
- 6.3×
- –
- 16.3×
- -5.1%
- 4.0%
- 2.1%
Profitability
- 58.1%
- 33.2%
- 25.5%
- 52.3%
- 4.8%
- 4.8%
- 9.6%
- 4.4%
- 6.0%
- –
Growth
- +10.8%
- +8.8%
- −25.6%
- +9.0%
- +5.2%
Financial health
- 3.7×
- 0.65
- 31.7%
- 12.6×
- 1.00
- 0.89
- 0.16
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $179.00
- Range
- $167.00 – $195.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 3.47 | 3.37 | +3.0% |
| Feb 4, 2026 | 2.44 | 2.44 | +0.0% |
| Nov 5, 2025 | 1.07 | 0.99 | +8.1% |
| Aug 6, 2025 | 1.16 | 1.14 | +1.8% |
| May 7, 2025 | 3.03 | 2.89 | +4.8% |
| Feb 4, 2025 | 2.23 | 2.20 | +1.4% |
| Nov 6, 2024 | 0.86 | 0.80 | +7.5% |
| Aug 7, 2024 | 1.08 | 1.05 | +2.9% |
Paid per share, each year
$1.59 in 2015 → $3.61 in 2025
How safe it looks
46.2% of its profit
Room to growStretchedMore than it earns: -36.6%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Atmos Energy
Is Atmos Energy a good stock to buy?
A business with weak numbers at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Atmos Energy AI analysis
What does Atmos Energy do?
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. It is in Regulated Gas, based in Dallas, TX, United States, with 5,487 employees.
Does Atmos Energy pay a dividend?
Yes. At today's price the dividend is 2.1% a year, about 46% of its yearly profit. In 2025 it paid out $554 million in dividends.
Is Atmos Energy stock halal?
Questionable. Atmos Energy sits in a grey zone: its debt is 31% of its market value, between 30% and 33%. How we check
How has Atmos Energy stock done over the past year?
Down 1.7% over the past twelve months, to $175.65. It traded between $156.24 and $192.29 and is 8.7% below its high.
Who are Atmos Energy's competitors?
The largest listed companies in the same industry are NiSource, Southwest Gas Holdings, ONE Gas and Centuri Holdings. The peers table on this page compares their profit, growth and price with Atmos Energy's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



