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
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%