Atmos Energy Corporation (ATO) vs PG&E Corporation (PCG)
ATO leads on 10 of 15 compared metrics, though PCG is the cheaper stock.
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 June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — ATO vs PCG
growth of $100 · last 30yATO +551.3%PCG -22.2%ATO compounded faster
Log scale — wide-divergence pair
ATO PCG
ATO vs PCG: by the numbers
- •PCG is the larger company ($37.70B vs $28.81B market cap).
- •PCG trades at the lower earnings multiple (13.38 vs 21.23 P/E).
- •ATO converts more revenue to profit (27.58% vs 11.43% net margin).
- •ATO grew revenue faster over the past five years (8.80% vs 6.47% CAGR).
- •ATO pays the higher dividend yield (2.24% vs 0.88%).
Which is better, ATO or PCG?
Metric tally: ATO 10 · PCG 5It depends on what you're optimizing for:
ValuePCG(lower P/E)
GrowthATO(faster 5Y revenue CAGR)
IncomeATO(higher dividend yield)
QualityATO(higher ROIC)
Metrics side by side
Valuation
| Metric | ATO | PCG |
|---|---|---|
| P/E ratio | 21.23 | 13.38● |
| Forward P/E | 19.26 | 9.50● |
| P/S ratio | 5.93 | 1.51● |
| P/B ratio | 1.94 | 1.17● |
| PEG ratio | 2.18● | 7.90 |
| EV / EBITDA | 14.90 | 9.53● |
Profitability
| Metric | ATO | PCG |
|---|---|---|
| Gross margin | 51.43%● | 45.93% |
| Operating margin | 35.87%● | 19.35% |
| Net margin | 27.58%● | 11.43% |
| ROE | 9.03% | 8.88% |
| ROIC | 4.58%● | 3.79% |
Dividends
| Metric | ATO | PCG |
|---|---|---|
| Dividend yield | 2.24%● | 0.88% |
| Payout ratio | 51.33% | 12.71% |
Growth (annualized)
| Metric | ATO | PCG |
|---|---|---|
| Revenue CAGR (5Y) | 8.80%● | 6.47% |
| EPS CAGR (5Y) | 9.05%● | -11.76% |
| FCF CAGR (5Y) | 19.32%● | -13.38% |
| Total return CAGR (5Y) | 14.92%● | 11.67% |
Frequently asked
- Which is better, ATO or PCG?
- It depends on your goal. value: PCG (lower P/E); growth: ATO (faster 5Y revenue CAGR); income: ATO (higher dividend yield); quality: ATO (higher ROIC). Across all compared metrics, ATO leads 10 to 5.
- Is ATO or PCG cheaper?
- On trailing earnings, PCG is cheaper: ATO trades at a 21.23 P/E and PCG at 13.38.
- Which has grown faster, ATO or PCG?
- Over the past five years, ATO grew revenue faster — ATO at a 8.80% CAGR versus PCG at 6.47%.
- Does ATO or PCG pay a bigger dividend?
- ATO yields 2.24% and PCG yields 0.88% based on trailing dividends and the latest price.
- Is ATO or PCG more profitable?
- ATO runs the higher net margin — ATO at 27.58% versus PCG at 11.43%.
- Which has been the better investment, ATO or PCG?
- Over the past 10-year, ATO delivered the higher annualized total return — ATO at 10.99% versus PCG at -11.63%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Atmos Energy P/E ratioPG&E P/E ratioAtmos Energy dividend yieldPG&E dividend yieldAtmos Energy ROEPG&E ROEAtmos Energy operating marginPG&E operating marginAtmos Energy revenue growthPG&E revenue growthAtmos Energy free cash flowPG&E free cash flow
Atmos Energy & PG&E 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 June 25, 2026.