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
DateValue
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%