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 September 13, 2026. Differences are shown without an overall score or investment verdict.
AEE
Ameren Corporation
$103.02UtilitiesDelayed quote: Sep 15, 2026, 4:00 PM EDT
ATO
Atmos Energy Corporation
$162.04UtilitiesDelayed quote: Sep 15, 2026, 4:00 PM EDT
Total return — AEE vs ATO
growth of $100 · dividends reinvested · last 10yAEE +179.8% (+10.8%/yr)ATO +173.9% (+10.6%/yr)AEE compounded faster over this window
AEE ATO
AEE vs ATO: by the numbers
- •AEE is the larger company ($28.51B vs $27.05B market cap).
- •AEE trades at the lower trailing earnings multiple (18.14 vs 19.29 P/E), one valuation lens rather than an overall verdict.
- •ATO converts more revenue to profit (28.50% vs 17.86% net margin).
- •ATO grew revenue faster over the past five years (8.23% vs 7.86% CAGR).
- •AEE pays the higher dividend yield (2.78% vs 2.45%).
Metrics side by side
Valuation
| Metric | AEE | ATO |
|---|---|---|
| P/E ratio | 18.14 | 19.29 |
| Forward P/E | 19.11 | 19.17 |
| P/S ratio | 3.26 | 5.50 |
| P/B ratio | 2.08 | 1.77 |
| EV / EBITDA | 13.21 | 14.16 |
Profitability
| Metric | AEE | ATO |
|---|---|---|
| Gross margin | 29.58% | 52.37% |
| Operating margin | 24.87% | 36.97% |
| Net margin | 17.86% | 28.50% |
| ROE | 11.42% | 9.19% |
| ROIC | 4.04% | 4.81% |
Dividends
| Metric | AEE | ATO |
|---|---|---|
| Dividend yield | 2.78% | 2.45% |
| Payout ratio | 51.41% | 47.62% |
Growth (annualized)
| Metric | AEE | ATO |
|---|---|---|
| Revenue CAGR (5Y) | 7.86% | 8.23% |
| EPS CAGR (5Y) | 8.79% | 9.05% |
| Total return CAGR (5Y) | 6.91% | 14.66% |
Frequently asked
- Which has the lower trailing P/E, AEE or ATO?
- AEE has the lower trailing P/E: AEE trades at 18.14 and ATO at 19.29. 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 8.23%.
- Does AEE or ATO pay a bigger dividend?
- AEE yields 2.78% and ATO yields 2.45% 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 28.50%.
- How have AEE and ATO total returns compared?
- Over the past 10 years, AEE delivered 11.28% and ATO delivered 11.14% 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 September 13, 2026.