Atmos Energy (ATO) Net Margin (2009 - 2026)

Atmos Energy (ATO) posted quarterly Net Margin of 29.65% for Q1 2026, up 476.0% YoY from 5.15% in Q1 2025, and down 1.2% sequentially from 30.01% in Q4 2025.

Atmos Energy (ATO) Net Margin (2009 - 2026) Analysis & Trends

Atmos Energy has disclosed Net Margin across 17 years of filings, most recently posting 29.65% for Q1 2026.

  • In Q1 2026, Net Margin rose 476.0% year-over-year to 29.65%; the TTM figure through Mar 2026 stood at 27.58% (up 223.0% YoY), while the FY2025 annual figure was 25.49%, up 45.0% from the prior year.
  • Net Margin retreated to 29.65% in Q1 2026, from 30.01% in the prior quarter.
  • Over the last five years, Net Margin for ATO reached as high as 30.01% in Q4 2025 and fell as low as 9.91% in Q3 2022.
  • The 5-year median for Net Margin is 23.21% (2023), against an average of 22.67%.
  • Annual changes were most pronounced in 2022 — Net Margin sank 629 bps — and 2023, when it soared 1026 bps.
  • A 5-year view of Net Margin shows it stood at 18.32% in 2022, then soared by 47 bps to 26.87% in 2023, then gained by 11 bps to 29.92% in 2024, then increased by 0 bps to 30.01% in 2025, then slipped by 1 bps to 29.65% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 29.65%, 30.01%, and 23.71% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Atmos Energy 28.80 Bn 28.68 Bn - 29.65%
2 Nisource 22.46 Bn 24.65 Bn 1.83 Bn 21.99%
3 Ugi 7.39 Bn 6.84 Bn 1.50 Bn 19.37%
4 New Jersey Resources 5.67 Bn 5.53 Bn 826.91 Mn 23.01%
5 Black Hills 5.61 Bn 5.58 Bn - 17.05%
6 ONE Gas 4.80 Bn 4.77 Bn 438.14 Mn 15.47%
7 Mdu Resources 4.26 Bn 4.20 Bn - -0.02%
8 Chesapeake Utilities 2.94 Bn 2.94 Bn 102.40 Mn 23.79%
9 Centuri Holdings 2.87 Bn 2.82 Bn 35.76 Mn -1.31%
10 Rgc Resources 248.35 Mn 244.36 Mn 39.84 Mn 19.24%

Historic Data

Download Data
DateValue
Mar 31, 2026 29.65%
Dec 31, 2025 30.01%
Sep 30, 2025 23.71%
Jun 30, 2025 22.23%
Mar 31, 2025 24.89%
Dec 31, 2024 29.92%
Sep 30, 2024 20.37%
Jun 30, 2024 23.60%
Mar 31, 2024 26.23%
Dec 31, 2023 26.87%
Sep 30, 2023 20.17%
Jun 30, 2023 20.79%
Mar 31, 2023 23.21%
Dec 31, 2022 18.32%
Sep 30, 2022 9.91%
Jun 30, 2022 15.75%
Mar 31, 2022 19.70%
Dec 31, 2021 24.61%
Sep 30, 2021 8.57%
Jun 30, 2021 16.91%