Atmos Energy (ATO) Gross Margin (2009 - 2025)

Atmos Energy (ATO) reported Gross Margin of 60.05% for Q1 2025, down 205.0% year-over-year from 57.19% in Q1 2024, and down 25.03% quarter-over-quarter from 80.1% in Q4 2024.

Atmos Energy (ATO) Gross Margin (2009 - 2025) Analysis & Trends

Atmos Energy (ATO) has 17 years of Gross Margin data on file, last reported at 60.05% in Q1 2025.

  • Gross Margin for Q1 2025 came in at 60.05%, down 205.0% year-over-year; the trailing twelve-month figure through Mar 2025 was 88.18% (up 1310.0% YoY), and the FY2023 annual result was 66.03%, up 608.0% from the prior year.
  • Gross Margin slipped to 60.05% in Q1 2025 per ATO's latest filing, from 80.1% in the prior quarter.
  • Over five years, Gross Margin peaked at 99.46% in Q3 2023 and troughed at 47.18% in Q1 2022.
  • A 5-year average of 70.25% and a median of 69.48% in 2022 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 1617 bps in 2022, then surged 2589 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 63.35% in 2021, then fell by 21 bps to 50.25% in 2022, then jumped by 41 bps to 70.75% in 2023, then gained by 13 bps to 80.1% in 2024, then retreated by 25 bps to 60.05% in 2025.
  • Business Quant data shows ATO's Gross Margin at 60.05% in Q1 2025, 80.1% in Q4 2024, and 62.1% in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Atmos Energy 28.34 Bn 28.21 Bn - -
2 Nisource 22.33 Bn 24.52 Bn 1.83 Bn 78.93%
3 Ugi 7.49 Bn 6.94 Bn 1.50 Bn 55.79%
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn 88.02%
5 Black Hills 5.49 Bn 5.46 Bn - -
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn 52.68%
7 Mdu Resources 4.39 Bn 4.33 Bn - -
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn 4.94%
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn 41.08%
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn 60.97%

Historic Data

Download Data
DateValue
Mar 31, 2025 60.05%
Dec 31, 2024 80.10%
Mar 31, 2024 62.10%
Dec 31, 2023 70.75%
Sep 30, 2023 99.46%
Jun 30, 2023 93.28%
Mar 31, 2023 56.77%
Dec 31, 2022 50.25%
Sep 30, 2022 73.57%
Jun 30, 2022 69.48%
Mar 31, 2022 47.18%
Dec 31, 2021 63.35%
Sep 30, 2021 85.26%
Jun 30, 2021 85.65%
Mar 31, 2021 56.50%
Dec 31, 2020 68.48%
Sep 30, 2020 96.20%
Jun 30, 2020 94.71%
Mar 31, 2020 67.49%
Dec 31, 2019 66.09%