Atmos Energy (ATO) FCF Margin (2009 - 2026)

Atmos Energy (ATO) reported FCF Margin of 14.27% for Q1 2026, down 1854.0% year-over-year from 0.81% in Q1 2025, and up 73.58% quarter-over-quarter from 54.02% in Q4 2025.

Atmos Energy (ATO) FCF Margin (2009 - 2026) Analysis & Trends

Atmos Energy (ATO) has 18 years of FCF Margin data on file, last reported at 14.27% in Q1 2026.

  • FCF Margin for Q1 2026 came in at 14.27%, down 1854.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 40.8% (down 1169.0% YoY), and the FY2025 annual result was 32.15%, down 326.0% from the prior year.
  • FCF Margin rose to 14.27% in Q1 2026 per ATO's latest filing, from 54.02% in the prior quarter.
  • Over five years, FCF Margin peaked at 135.25% in Q1 2023 and troughed at 92.73% in Q3 2022.
  • A 5-year average of 32.71% and a median of 44.18% in 2025 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2022 and 2024: FCF Margin soared 15211 bps in 2022, then plunged 12913 bps in 2024.
  • A 5-year view of FCF Margin shows it stood at 40.89% in 2022, then declined by 11 bps to 45.26% in 2023, then decreased by 14 bps to 51.8% in 2024, then fell by 4 bps to 54.02% in 2025, then surged by 74 bps to 14.27% in 2026.
  • Business Quant data shows ATO's FCF Margin at 14.27% in Q1 2026, 54.02% in Q4 2025, and 83.46% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Atmos Energy 28.34 Bn 28.21 Bn - -14.27%
2 Nisource 22.33 Bn 24.52 Bn 1.83 Bn -15.63%
3 Ugi 7.49 Bn 6.94 Bn 1.50 Bn 18.40%
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn 60.95%
5 Black Hills 5.49 Bn 5.46 Bn - 11.34%
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn 2.38%
7 Mdu Resources 4.39 Bn 4.33 Bn - 18.77%
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn -7.64%
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn -9.59%
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn 22.74%

Historic Data

Download Data
DateValue
Mar 31, 2026 -14.27%
Dec 31, 2025 -54.02%
Sep 30, 2025 -83.46%
Jun 30, 2025 -44.18%
Mar 31, 2025 4.27%
Dec 31, 2024 -51.80%
Sep 30, 2024 -72.54%
Jun 30, 2024 -43.11%
Mar 31, 2024 6.11%
Dec 31, 2023 -45.26%
Sep 30, 2023 -82.41%
Jun 30, 2023 -51.20%
Mar 31, 2023 135.25%
Dec 31, 2022 -40.89%
Sep 30, 2022 -92.73%
Jun 30, 2022 -30.28%
Mar 31, 2022 4.41%
Dec 31, 2021 -61.45%
Sep 30, 2021 -94.54%
Jun 30, 2021 -44.33%