Atmos Energy Corp
Research Atmos Energy Corp (ATO) on Bullrun: valuation model: 12.1% undervalued, market cap USD 28.32B, P/E 19.9, dividend yield 2.4%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerATO
- ExchangeNYSE
- CountryUnited States
- SectorUtilities
- IndustryUtilities-Regulated Gas
- CurrencyUSD
- Valuation signal12.1% undervalued
- Market capUSD 28.32B
- P/E19.9
- Dividend yield2.4%
- Financial periodQ2 2026
- RevenueUSD 879.06M
- Net incomeUSD 242.69M
- Free cash flow-USD 399.43M
- Gross margin73.7%
Valuation Snapshot
Bullrun's latest valuation model marks Atmos Energy Corp as 12.1% undervalued; latest market cap is USD 28.32B; P/E is 19.9; dividend yield is 2.4%.
Peer valuation comparison
Latest P/E is 19.95x versus a Utilities sector median of 17.14x (16.4% above).
Latest dividend yield is 2.39% versus a Utilities sector median of 3.61% (33.8% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 4.70B | USD 1.20B | -USD 1.51B | 59.9% | 7.46 | USD 202.69M | USD 9.63B | USD 13.56B |
| FY2024 | USD 4.17B | USD 1.04B | -USD 1.20B | 59.9% | 6.83 | USD 307.34M | USD 0 | USD 12.16B |
| FY2023 | USD 4.28B | USD 885.86M | USD 653.77M | 66.0% | 6.1 | USD 15.40M | USD 241.93M | USD 10.87B |
| FY2022 | USD 4.20B | USD 774.40M | -USD 1.47B | 60.0% | 5.6 | USD 51.55M | USD 184.97M | USD 9.42B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 28.32B | 19.9 | 2.4% | 4 |
| 2025 | 2025-12-31 | USD 27.73B | 21.8 | 2.2% | 3.61 |
| 2024 | 2024-12-31 | USD 22.11B | 19.9 | 2.4% | 3.3 |
| 2023 | 2023-12-29 | USD 17.48B | 18.9 | 2.6% | 3.03 |
| 2022 | 2022-12-30 | USD 15.80B | 19.8 | 2.5% | 2.78 |
| 2021 | 2021-12-31 | USD 14.19B | 19.7 | 2.5% | 2.57 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 4 USD, yield 2.4%.
| Year | Dividends/share |
|---|---|
| FY2025 | 3.48 USD |
| FY2024 | 3.22 USD |
| FY2023 | 2.96 USD |
| FY2022 | 2.72 USD |
About Atmos Energy Corp
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. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately 3.4 million residential, commercial, public authority, and industrial customers;
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Frequently asked questions
Is Atmos Energy Corp overvalued or undervalued?
Bullrun's valuation model currently marks Atmos Energy Corp as 12.1% undervalued.
What is Atmos Energy Corp's market cap?
Atmos Energy Corp's market capitalization is USD 28.32B.
What is Atmos Energy Corp's P/E ratio?
Atmos Energy Corp's price-to-earnings (P/E) ratio is 19.9.
Does Atmos Energy Corp pay a dividend?
Atmos Energy Corp has a dividend yield of 2.4%.
What does Atmos Energy Corp 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. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately 3.4 million residential, commercial, public authority, and industrial customers; and owned 76,000 miles of underground distribution and transmission mains.