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

Atmos Energy (ATO) posted quarterly FCF Margin of 14.27% for Q1 2026, down 1854.0% YoY from 0.81% in Q1 2025, and up 73.58% sequentially from 54.02% in Q4 2025.

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

Atmos Energy has disclosed FCF Margin across 18 years of filings, most recently posting 14.27% for Q1 2026.

  • In Q1 2026, FCF Margin fell 1854.0% year-over-year to 14.27%; the TTM figure through Mar 2026 stood at 40.8% (down 1169.0% YoY), while the FY2025 annual figure was 32.15%, down 326.0% from the prior year.
  • FCF Margin advanced to 14.27% in Q1 2026, from 54.02% in the prior quarter.
  • Over the last five years, FCF Margin for ATO reached as high as 135.25% in Q1 2023 and fell as low as 92.73% in Q3 2022.
  • The 5-year median for FCF Margin is 44.18% (2025), against an average of 32.71%.
  • Annual changes were most pronounced in 2022 — FCF Margin soared 15211 bps — and 2024, when it slumped 12913 bps.
  • 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.
  • According to Business Quant data, FCF Margin over the past three periods registered 14.27%, 54.02%, and 83.46% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Atmos Energy 28.80 Bn 28.68 Bn - -14.27%
2 Nisource 22.46 Bn 24.65 Bn 1.83 Bn -15.63%
3 Ugi 7.39 Bn 6.84 Bn 1.50 Bn 18.40%
4 New Jersey Resources 5.67 Bn 5.53 Bn 826.91 Mn 60.95%
5 Black Hills 5.61 Bn 5.58 Bn - 11.34%
6 ONE Gas 4.80 Bn 4.77 Bn 438.14 Mn 2.38%
7 Mdu Resources 4.26 Bn 4.20 Bn - 18.77%
8 Chesapeake Utilities 2.94 Bn 2.94 Bn 102.40 Mn -9.59%
9 Centuri Holdings 2.87 Bn 2.82 Bn 35.76 Mn -7.64%
10 Rgc Resources 248.35 Mn 244.36 Mn 39.84 Mn 24.69%

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%