Atmos Energy (ATO) Net Margin (2009 - 2026)
Atmos Energy (ATO) reported Net Margin of 29.65% for Q1 2026, up 476.0% year-over-year from 5.15% in Q1 2025, and down 1.2% quarter-over-quarter from 30.01% in Q4 2025.
Atmos Energy (ATO) Net Margin (2009 - 2026) Analysis & Trends
Atmos Energy (ATO) has 17 years of Net Margin data on file, last reported at 29.65% in Q1 2026.
- Net Margin for Q1 2026 came in at 29.65%, up 476.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 27.58% (up 223.0% YoY), and the FY2025 annual result was 25.49%, up 45.0% from the prior year.
- Net Margin declined to 29.65% in Q1 2026 per ATO's latest filing, from 30.01% in the prior quarter.
- Over five years, Net Margin peaked at 30.01% in Q4 2025 and troughed at 9.91% in Q3 2022.
- A 5-year average of 22.67% and a median of 23.21% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 629 bps in 2022, then soared 1026 bps in 2023.
- 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.
- Business Quant data shows ATO's Net Margin at 29.65% in Q1 2026, 30.01% in Q4 2025, and 23.71% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | 29.65% |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 21.99% |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 19.37% |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 23.01% |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 17.05% |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 15.47% |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | -0.02% |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | -1.31% |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 23.79% |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | -12.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |