Ameren Corporation (AEE) vs Atmos Energy Corporation (ATO)
A side-by-side comparison of Ameren Corporation and Atmos Energy Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.
AEE
Ameren Corporation
$109.61UtilitiesDelayed quote: Jul 31, 2026, 4:00 PM EDT
ATO
Atmos Energy Corporation
$172.78UtilitiesAt close: Jul 31, 2026, 4:00 PM ET
Total return — AEE vs ATO
growth of $100 · dividends reinvested · last 30yAEE +959.1%ATO +2401.5%ATO compounded faster
AEE ATO
AEE vs ATO: by the numbers
- •AEE is the larger company ($30.33B vs $28.84B market cap).
- •AEE trades at the lower trailing earnings multiple (19.30 vs 21.25 P/E), one valuation lens rather than an overall verdict.
- •ATO converts more revenue to profit (27.58% vs 17.86% net margin).
- •ATO grew revenue faster over the past five years (8.80% vs 7.86% CAGR).
- •AEE pays the higher dividend yield (2.66% vs 2.24%).
Metrics side by side
Valuation
| Metric | AEE | ATO |
|---|---|---|
| P/E ratio | 19.30 | 21.25 |
| Forward P/E | 20.37 | 20.48 |
| P/S ratio | 3.49 | 5.94 |
| P/B ratio | 2.23 | 1.94 |
| PEG ratio | 0.87 | 2.18 |
| EV / EBITDA | 8.41 | 15.32 |
Profitability
| Metric | AEE | ATO |
|---|---|---|
| Gross margin | 29.58% | 51.43% |
| Operating margin | 24.87% | 35.87% |
| Net margin | 17.86% | 27.58% |
| ROE | 11.42% | 9.03% |
| ROIC | 4.01% | 4.58% |
Dividends
| Metric | AEE | ATO |
|---|---|---|
| Dividend yield | 2.66% | 2.24% |
| Payout ratio | 54.28% | 51.33% |
Growth (annualized)
| Metric | AEE | ATO |
|---|---|---|
| Revenue CAGR (5Y) | 7.86% | 8.80% |
| EPS CAGR (5Y) | 8.79% | 9.05% |
| Total return CAGR (5Y) | 8.62% | 14.67% |
Frequently asked
- Which has the lower trailing P/E, AEE or ATO?
- AEE has the lower trailing P/E: AEE trades at 19.30 and ATO at 21.25. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AEE or ATO?
- Over the past five years, ATO grew revenue faster — AEE at a 7.86% CAGR versus ATO at 8.80%.
- Does AEE or ATO pay a bigger dividend?
- AEE yields 2.66% and ATO yields 2.24% based on trailing dividends and the latest price.
- Is AEE or ATO more profitable?
- ATO runs the higher net margin — AEE at 17.86% versus ATO at 27.58%.
- How have AEE and ATO total returns compared?
- Over the past 10 years, AEE delivered 10.82% and ATO delivered 10.61% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Ameren P/E ratioAtmos Energy P/E ratioAmeren dividend yieldAtmos Energy dividend yieldAmeren ROEAtmos Energy ROEAmeren operating marginAtmos Energy operating marginAmeren revenue growthAtmos Energy revenue growthAmeren free cash flowAtmos Energy free cash flow
Ameren & Atmos Energy appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 31, 2026.