Atmos Energy (ATO) Return on Capital Employed (2010 - 2026)
Atmos Energy (ATO) reported 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 17 years of Return on Capital Employed data on file, last reported at 6.07% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 6.07%, up 23.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.07% (up 23.0% YoY), and the FY2025 annual result was 6.15%, up 17.0% from the prior year.
- Return on Capital Employed grew to 6.07% in Q1 2026 per ATO's latest filing, from 5.86% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 6.07% in Q1 2026 and troughed at 4.73% in Q1 2023.
- A 5-year average of 5.42% and a median of 5.59% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2024: Return on Capital Employed sank 65 bps in 2022, then surged 86 bps in 2024.
- 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.
- 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 | 28.34 Bn | 28.21 Bn | - | 6.07% |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 5.83% |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 8.41% |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 7.27% |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 5.55% |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 6.27% |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 4.23% |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 5.21% |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 7.69% |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | 13.38% |
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% |