Atmos Energy (ATO) Return on Capital Employed (2010 - 2026)
Atmos Energy (ATO) posted quarterly Return on Capital Employed of 6.07% for Q1 2026, up 23.0% YoY from 4.94% in Q1 2025, and up 3.7% sequentially from 5.86% in Q4 2025.
Atmos Energy (ATO) Return on Capital Employed (2010 - 2026) Analysis & Trends
Atmos Energy has disclosed Return on Capital Employed across 17 years of filings, most recently posting 6.07% for Q1 2026.
- In Q1 2026, Return on Capital Employed rose 23.0% year-over-year to 6.07%; the TTM figure through Mar 2026 stood at 6.07% (up 23.0% YoY), while the FY2025 annual figure was 6.15%, up 17.0% from the prior year.
- Return on Capital Employed climbed to 6.07% in Q1 2026, from 5.86% in the prior quarter.
- Over the last five years, Return on Capital Employed for ATO reached as high as 6.07% in Q1 2026 and fell as low as 4.73% in Q1 2023.
- The 5-year median for Return on Capital Employed is 5.59% (2024), against an average of 5.42%.
- Annual changes were most pronounced in 2022 — Return on Capital Employed tumbled 65 bps — and 2024, when it surged 86 bps.
- A 5-year view of Return on Capital Employed shows it stood at 5.02% in 2022, then grew by 4 bps to 5.22% in 2023, then grew by 10 bps to 5.74% in 2024, then rose by 2 bps to 5.86% in 2025, then rose by 4 bps to 6.07% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 6.07%, 5.86%, and 5.86% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | 6.07% |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 5.83% |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 8.41% |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 7.27% |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | 5.55% |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 6.27% |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | 4.23% |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 7.69% |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | 5.21% |
| 10 | Rgc Resources | 248.35 Mn | 244.36 Mn | 39.84 Mn | 1.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.07% |
| Dec 31, 2025 | 5.86% |
| Sep 30, 2025 | 5.86% |
| Jun 30, 2025 | 5.82% |
| Mar 31, 2025 | 5.85% |
| Dec 31, 2024 | 5.74% |
| Sep 30, 2024 | 5.69% |
| Jun 30, 2024 | 5.64% |
| Mar 31, 2024 | 5.59% |
| Dec 31, 2023 | 5.22% |
| Sep 30, 2023 | 5.13% |
| Jun 30, 2023 | 4.97% |
| Mar 31, 2023 | 4.73% |
| Dec 31, 2022 | 5.02% |
| Sep 30, 2022 | 5.03% |
| Jun 30, 2022 | 4.98% |
| Mar 31, 2022 | 5.00% |
| Dec 31, 2021 | 5.30% |
| Sep 30, 2021 | 5.67% |
| Jun 30, 2021 | 5.00% |