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% year-over-year from 4.94% in Q1 2025, and up 3.7% quarter-over-quarter from 5.86% in Q4 2025.
Atmos Energy (ATO) Return on Capital Employed (2010 - 2026) Analysis & Trends
Atmos Energy (ATO) has reported Return on Capital Employed for 17 consecutive years, with 6.07% the latest figure, recorded in 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 improved to 6.07% in Q1 2026 per ATO's latest filing, from 5.86% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 6.07% in Q1 2026 and bottomed at 4.73% in Q1 2023.
- Historically, Return on Capital Employed has averaged 5.42% across 5 years, with a median of 5.59% in 2024.
- Annual changes were most pronounced in 2022 — Return on Capital Employed sank 65 bps — and 2024, when it surged 86 bps.
- Atmos Energy's Return on Capital Employed stood at 5.02% in 2022, then increased by 4 bps to 5.22% in 2023, then increased by 10 bps to 5.74% in 2024, then gained by 2 bps to 5.86% in 2025, then gained by 4 bps to 6.07% in 2026.
- Business Quant data shows ATO's Return on Capital Employed at 6.07% in Q1 2026, 5.86% in Q4 2025, and 5.86% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.94 Bn | 28.41 Bn | - | 6.24% |
| 2 | Nisource | 20.10 Bn | 20.03 Bn | 867.50 Mn | 5.70% |
| 3 | Ugi | 8.16 Bn | 7.69 Bn | 573.00 Mn | 8.26% |
| 4 | Black Hills | 5.61 Bn | 5.53 Bn | - | 5.78% |
| 5 | New Jersey Resources | 5.56 Bn | 5.52 Bn | 243.61 Mn | 7.84% |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | 6.41% |
| 7 | Mdu Resources | 4.31 Bn | 4.26 Bn | - | 4.32% |
| 8 | Chesapeake Utilities | 3.30 Bn | 3.28 Bn | 150.20 Mn | 7.66% |
| 9 | Centuri Holdings | 2.22 Bn | 2.18 Bn | 69.14 Mn | 4.96% |
| 10 | Brookfield Infrastructure | 2.20 Bn | 1.43 Bn | 572.00 Mn | 13.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.24% |
| 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% |