Which has the lower trailing P/E, ATO or PCG?

PCG has the lower trailing P/E: ATO trades at 19.96 and PCG at 9.73. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ATO or PCG?

Over the past five years, ATO grew revenue faster — ATO at a 8.23% CAGR versus PCG at 5.72%.

Does ATO or PCG pay a bigger dividend?

ATO yields 2.39% and PCG yields 1.31% based on trailing dividends and the latest price.

Is ATO or PCG more profitable?

ATO runs the higher net margin — ATO at 28.50% versus PCG at 12.25%.

How have ATO and PCG total returns compared?

Over the past 10 years, ATO delivered 11.12% and PCG delivered -13.81% annualized total return. Past performance doesn't predict future results.

Atmos Energy Corporation (ATO) vs PG&E Corporation (PCG)

A side-by-side comparison of Atmos Energy Corporation and PG&E Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 3, 2026. Differences are shown without an overall score or investment verdict.

ATO

Atmos Energy Corporation

$28.23B

$169.12UtilitiesDelayed quote: Sep 3, 2026, 4:00 PM EDT

PCG

PG&E Corporation

$37.41B

$13.96UtilitiesDelayed quote: Sep 3, 2026, 4:00 PM EDT

Total return — ATO vs PCG

growth of $100 · dividends reinvested · last 10y

ATO +190.0% (+11.2%/yr)PCG -77.1% (-13.7%/yr)ATO compounded faster over this window

Log scale — wide-divergence pair

ATO PCG

ATO vs PCG: by the numbers

•PCG is the larger company ($37.41B vs $28.23B market cap).
•PCG trades at the lower trailing earnings multiple (9.73 vs 19.96 P/E), one valuation lens rather than an overall verdict.
•ATO converts more revenue to profit (28.50% vs 12.25% net margin).
•ATO grew revenue faster over the past five years (8.23% vs 5.72% CAGR).
•ATO pays the higher dividend yield (2.39% vs 1.31%).

Metrics side by side

Valuation

Metric	ATO	PCG
P/E ratio	19.96	9.73
Forward P/E	19.84	8.06
P/S ratio	5.77	1.18
P/B ratio	1.86	0.90
EV / EBITDA	14.68	9.74

Profitability

Metric	ATO	PCG
Gross margin	52.37%	19.59%
Operating margin	36.97%	19.99%
Net margin	28.50%	12.25%
ROE	9.19%	9.34%
ROIC	4.81%	3.83%

Dividends

Metric	ATO	PCG
Dividend yield	2.39%	1.31%
Payout ratio	53.05%	14.83%

Growth (annualized)

Metric	ATO	PCG
Revenue CAGR (5Y)	8.23%	5.72%
EPS CAGR (5Y)	9.05%	N/A
FCF CAGR (5Y)	N/A	5.43%
Total return CAGR (5Y)	14.05%	7.89%

Frequently asked

Which has the lower trailing P/E, ATO or PCG?: PCG has the lower trailing P/E: ATO trades at 19.96 and PCG at 9.73. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ATO or PCG?: Over the past five years, ATO grew revenue faster — ATO at a 8.23% CAGR versus PCG at 5.72%.
Does ATO or PCG pay a bigger dividend?: ATO yields 2.39% and PCG yields 1.31% based on trailing dividends and the latest price.
Is ATO or PCG more profitable?: ATO runs the higher net margin — ATO at 28.50% versus PCG at 12.25%.
How have ATO and PCG total returns compared?: Over the past 10 years, ATO delivered 11.12% and PCG delivered -13.81% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ATO analysis Full PCG analysis Interactive comparison tool

Dig into the metrics

Atmos Energy P/E ratio PG&E P/E ratio Atmos Energy dividend yield PG&E dividend yield Atmos Energy ROE PG&E ROE Atmos Energy operating margin PG&E operating margin Atmos Energy revenue growth PG&E revenue growth Atmos Energy free cash flow PG&E free cash flow

Atmos Energy & PG&E appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest Operating Margin Stocks Lowest P/E Ratio Stocks

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 3, 2026.