Atmos Energy Corporation (ATO)
Utilities · NYQ
Price as at 30 Sept 2026, 16:11 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Atmos Energy Corporation trades at $157.32, which is 55% below the $244.12 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 69 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 22.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
ATO dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $3.00 | 3 |
| 2025 | $3.61 | 4 |
| 2024 | $3.29 | 4 |
| 2023 | $3.02 | 4 |
| 2022 | $2.78 | 4 |
| 2021 | $2.56 | 4 |
| 2020 | $2.35 | 4 |
| 2019 | $2.15 | 4 |
| 2018 | $1.98 | 4 |
| 2017 | $1.83 | 4 |
| 2016 | $1.71 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
ATO earnings and analyst estimates
Recommendation mix, 15 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Atmos Energy Corporation
Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It operates through two segments, Distribution, and Pipeline and Storage. The Distribution segment is involved in the regulated natural gas distribution and related sales operations in eight states. This segment distributes natural gas to approximately 3.4 million residential, commercial, public authority, and industrial customers; and owned 76,000 miles of underground distribution and transmission mains. The Pipeline and Storage segment engages in the pipeline and storage operations. This segment transports natural gas for third parties and manages five underground storage facilities in Texas; provides ancillary services customary to the pipeline industry, including parking arrangements, lending, and inventory sales; and owned 5,700 miles of gas transmission lines. Atmos Energy Corporation was founded in 1906 and is based in Dallas, Texas.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
ATO passes 5 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
13 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$408.95M · 0.1% of book
- Ken Griffin, CITADEL ADVISORS LLC$299.13M · 0.0% of book
- Capital Research Global, Capital Research Global Investors$259.89M · 0.0% of book
- Steve Cohen, Point72 Asset Management, L.P.$234.49M · 0.3% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$77.16M · 0.1% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in ATO
We hold 6 disclosed trades in ATO by members of Congress and executive-branch officials. The latest 5:
- Donald J Trump · Executive branchSell · $15,001 - $50,000 · traded 12 Jun 2026 · disclosed 22 Aug 2026
- John Boozman · SenateSell · $1,001 - $15,000 · traded 12 Jun 2026 · disclosed 13 Jul 2026
- Donald J Trump · Executive branchSell · $1,001 - $15,000 · traded 11 May 2026 · disclosed 1 Jul 2026
- Daniel Goldman · HouseSell · $1,001 - $15,000 · traded 6 Mar 2023 · disclosed 17 Apr 2023
- Dean Phillips · HouseBuy · $1,001 - $15,000 · traded 23 Sept 2020 · disclosed 9 Oct 2020
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
ATO peers
The largest companies in the same industry (Utilities - Regulated Gas), then in the same sector.
- NI NiSource Inc.
- UGI UGI Corporation
- SWX Southwest Gas Holdings, Inc.
- OGS ONE Gas, Inc.
- BIPC Brookfield Infrastructure Corporation
- CPK Chesapeake Utilities Corporation
- SPH Suburban Propane Partners, L.P.
- OPAL OPAL Fuels Inc.
Every utilities company we cover is on the Utilities hub.
Common questions
Is Atmos Energy Corporation (ATO) undervalued?
Against our fair value estimate of $244.12, ATO at $157.32 is 55% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own ATO?
13 of the institutions we track reported a position in ATO in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is ATO's P/E ratio?
ATO trades at 22.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Atmos Energy Corporation (ATO) pay a dividend?
Yes. Atmos Energy Corporation yields 2.23% at the current share price. It has paid $4.00 per share over the trailing twelve months. It has paid a dividend in each of the last 37 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its ATO data?
Fundamentals for ATO come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 16:11 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for ATO, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.