Atmos Energy (ATO) Gross Margin (2009 - 2025)
Atmos Energy (ATO) posted quarterly 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 reported Gross Margin for 17 consecutive years, with 60.05% the latest figure, recorded in Q1 2025.
- In Q1 2025, Gross Margin fell 205.0% year-over-year to 60.05%; the TTM figure through Mar 2025 stood at 88.18% (up 1310.0% YoY), while the FY2023 annual figure was 66.03%, up 608.0% from the prior year.
- Gross Margin fell to 60.05% in Q1 2025 per ATO's latest filing, from 80.1% in the prior quarter.
- Across five years, Gross Margin topped out at 99.46% in Q3 2023 and bottomed at 47.18% in Q1 2022.
- Historically, Gross Margin has averaged 70.25% across 5 years, with a median of 69.48% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 1617 bps — and 2023, when it surged 2589 bps.
- Atmos Energy's Gross Margin stood at 63.35% in 2021, then retreated by 21 bps to 50.25% in 2022, then surged by 41 bps to 70.75% in 2023, then advanced by 13 bps to 80.1% in 2024, then decreased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.11 Bn | 28.59 Bn | - | - |
| 2 | Nisource | 20.23 Bn | 20.16 Bn | 867.50 Mn | 64.62% |
| 3 | Ugi | 8.24 Bn | 7.77 Bn | 573.00 Mn | 43.05% |
| 4 | Black Hills | 5.62 Bn | 5.54 Bn | - | - |
| 5 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | 69.77% |
| 6 | ONE Gas | 5.18 Bn | 5.15 Bn | 272.01 Mn | 66.08% |
| 7 | Mdu Resources | 4.32 Bn | 4.27 Bn | - | - |
| 8 | Chesapeake Utilities | 3.32 Bn | 3.30 Bn | 150.20 Mn | 74.39% |
| 9 | Brookfield Infrastructure | 2.20 Bn | 1.44 Bn | 572.00 Mn | 60.85% |
| 10 | Centuri Holdings | 2.20 Bn | 2.16 Bn | 69.14 Mn | 7.19% |
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% |