Atmos Energy (ATO) Gross Margin (2009 - 2025)
Atmos Energy (ATO) posted quarterly Gross Margin of 60.05% for Q1 2025, down 205.0% YoY from 57.19% in Q1 2024, and down 25.03% sequentially from 80.1% in Q4 2024.
Atmos Energy (ATO) Gross Margin (2009 - 2025) Analysis & Trends
Atmos Energy has disclosed Gross Margin across 17 years of filings, most recently posting 60.05% for 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 declined to 60.05% in Q1 2025, from 80.1% in the prior quarter.
- Over the last five years, Gross Margin for ATO reached as high as 99.46% in Q3 2023 and fell as low as 47.18% in Q1 2022.
- The 5-year median for Gross Margin is 69.48% (2022), against an average of 70.25%.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 1617 bps — and 2023, when it surged 2589 bps.
- 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.
- According to Business Quant data, Gross Margin over the past three periods registered 60.05%, 80.1%, and 62.1% for Q1 2025, Q4 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | - |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 78.93% |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 55.79% |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 88.02% |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | - |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 52.68% |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | - |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 41.08% |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | 4.94% |
| 10 | Rgc Resources | 248.35 Mn | 244.36 Mn | 39.84 Mn | 87.64% |
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% |