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| 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% |