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| Date | Value |
|---|---|
| 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% |