Atmos Energy (ATO) Debt/Equity Ratio: History & Chart

Atmos Energy Corporation(ATO)

Regulated Gas · Dallas, TX

$163.34+1.30 (+0.80%)

Delayed quote: Sep 16, 2026, 1:25 PM EDT

About Atmos Energy Corporation

Atmos Energy Corporation, alongside its subsidiaries, is a U.S.-based enterprise primarily involved in the regulated distribution of natural gas, as well as operating pipeline and storage facilities. The company functions through two core divisions: Distribution, and Pipeline and Storage. The Distribution division manages the regulated delivery and associated sales of natural gas across eight states. This division supplies natural gas to approximately three million customers, encompassing homeowners, businesses, public agencies, and industrial clients. By September 30, 2021, its extensive infrastructure comprised 71,921 miles of subterranean distribution and transmission lines. Conversely, the Pipeline and Storage division focuses on pipeline and storage activities. It is responsible for transporting natural gas on behalf of other entities and oversees five underground storage facilities located in Texas. Additionally, it offers various support services to the pipeline sector, such as gas parking, lending, and inventory transactions. As of September 30, 2021, this division maintained a network of 5,699 miles of gas transmission lines. Established in 1906, Atmos Energy Corporation maintains its principal office in Dallas, Texas.

Dallas, TX

5,487 employees

www.atmosenergy.com

Utilities / Regulated Gas

Sector: Utilities
Industry: Regulated Gas
CEO: John Kevin Akers

View full financials

ATO Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.67

DEBT TO EQUITY RATIO AVG TTM

0.67

DEBT TO EQUITY RATIO AVG 3Y

0.66

DEBT TO EQUITY RATIO AVG 5Y

0.74

DEBT TO EQUITY RATIO AVG 10Y

0.76

DEBT TO EQUITY RATIO AVG 15Y

0.83

DEBT TO EQUITY RATIO AVG 20Y

0.90

CURRENT VS TTM AVG

+0.32%

CURRENT VS 3Y AVG

+1.91%

CURRENT VS 5Y AVG

-9.49%

CURRENT VS 10Y AVG

-11.22%

CURRENT VS 15Y AVG

-19.14%

CURRENT VS 20Y AVG

-24.90%

SECTOR MEDIAN · UTILITIES

1.71

median of 40 covered companies

CURRENT VS SECTOR MEDIAN

-60.56%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Atmos Energy Corporation (ATO)	$27.26B	0.67	0.67	0.66	0.74
DTE Energy Company (DTE)vs ›	$27.26B	2.29	2.08	1.98	1.93
American Water Works Company, Inc. (AWK)vs ›	$27.44B	1.38	1.42	1.43	1.49
FirstEnergy Corp. (FE)vs ›	$26.33B	2.24	2.06	2.16	2.46
Ameren Corporation (AEE)vs ›	$28.64B	1.59	1.52	1.48	1.44
Eversource Energy (ES)vs ›	$25.51B	1.82	1.91	1.80	1.64
CenterPoint Energy, Inc. (CNP)vs ›	$25.18B	2.14	2.04	1.93	1.84
PPL Corporation (PPL)vs ›	$25.15B	1.32	1.25	1.16	1.11
NRG Energy, Inc. (NRG)vs ›	$22.81B	4.83	7.21	5.09	4.67
Edison International (EIX)vs ›	$21.19B	2.48	2.42	2.31	2.14

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Atmos Energy Corporation (ATO)

$27.26B

0.67

0.66

0.74

DTE Energy Company (DTE)vs ›

$27.26B

2.29

2.08

1.98

1.93

American Water Works Company, Inc. (AWK)vs ›

$27.44B

1.38

1.42

1.43

1.49

FirstEnergy Corp. (FE)vs ›

$26.33B

2.24

2.06

2.16

2.46

Ameren Corporation (AEE)vs ›

$28.64B

1.59

1.52

1.48

1.44

Eversource Energy (ES)vs ›

$25.51B

1.82

1.91

1.80

1.64

CenterPoint Energy, Inc. (CNP)vs ›

$25.18B

2.14

2.04

1.93

1.84

PPL Corporation (PPL)vs ›

$25.15B

1.32

1.25

1.16

1.11

NRG Energy, Inc. (NRG)vs ›

$22.81B

4.83

7.21

5.09

4.67

Edison International (EIX)vs ›

$21.19B

2.48

2.42

2.31

2.14

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Atmos Energy Corporation (ATO)?

The debt to equity ratio for ATO stock is 0.67.

Is Atmos Energy Corporation's debt to equity ratio high or low?

The debt to equity ratio of 0.67 is in line with its 5-year average of 0.74, near the low end of its 5-year range (0.63–0.96).

What is the TTM average debt to equity ratio for Atmos Energy Corporation (ATO)?

The TTM average debt to equity ratio for ATO stock is 0.67.

What is the 3Y average debt to equity ratio for Atmos Energy Corporation (ATO)?

The 3Y average debt to equity ratio for ATO stock is 0.66.

What is the 5Y average debt to equity ratio for Atmos Energy Corporation (ATO)?

The 5Y average debt to equity ratio for ATO stock is 0.74.

What is the 10Y average debt to equity ratio for Atmos Energy Corporation (ATO)?

The 10Y average debt to equity ratio for ATO stock is 0.76.

What is the 15Y average debt to equity ratio for Atmos Energy Corporation (ATO)?

The 15Y average debt to equity ratio for ATO stock is 0.83.

What is the 20Y average debt to equity ratio for Atmos Energy Corporation (ATO)?

The 20Y average debt to equity ratio for ATO stock is 0.90.

DATE	DEBT TO EQUITY RATIO
2026-06-30	0.67
2026-03-31	0.65
2025-12-31	0.67
2025-09-30	0.69
2025-06-30	0.67
2025-03-31	0.65
2024-12-31	0.67
2024-09-30	0.67
2024-06-30	0.65
2024-03-31	0.65
2023-12-31	0.67
2023-09-30	0.66
2023-06-30	0.63
2023-03-31	0.64
2022-12-31	0.89
2022-09-30	0.89
2022-06-30	0.86
2022-03-31	0.89
2021-12-31	0.96
2021-09-30	0.96
2021-06-30	0.94
2021-03-31	0.94
2020-12-31	0.71
2020-09-30	0.70
2020-06-30	0.70
2020-03-31	0.72
2019-12-31	0.71
2019-09-30	0.69
2019-06-30	0.66
2019-03-31	0.66
2018-12-31	0.68
2018-09-30	0.76
2018-06-30	0.70
2018-03-31	0.68
2017-12-31	0.75
2017-09-30	0.90
2017-06-30	0.85
2017-03-31	0.84
2016-12-31	0.95
2016-09-30	0.94
2016-06-30	0.90
2016-03-31	0.92
2015-12-31	0.98
2015-09-30	0.91
2015-06-30	0.84
2015-03-31	0.85
2014-12-31	0.98
2014-09-30	0.86
2014-06-30	0.79
2014-03-31	0.79
2013-12-31	1.18
2013-09-30	1.09
2013-06-30	1.01
2013-03-31	1.06
2012-12-31	1.15
2012-09-30	1.07
2012-06-30	1.03
2012-03-31	1.01
2011-12-31	1.14
2011-09-30	1.07
2011-06-30	0.95
2011-03-31	0.91
2010-12-31	1.06
2010-09-30	1.05
2010-06-30	0.94
2010-03-31	0.93
2009-12-31	1.04
2009-09-30	1.03
2009-06-30	0.99
2009-03-31	1.18
2008-12-31	1.19
2008-09-30	1.20
2008-06-30	1.06
2008-03-31	1.00
2007-12-31	1.15
2007-09-30	1.16
2007-06-30	1.22
2007-03-31	1.08
2006-12-31	1.22
2006-09-30	1.56
2006-06-30	1.49
2006-03-31	1.43
2005-12-31	1.62
2005-09-30	1.45
2005-06-30	1.35
2005-03-31	1.39
2004-12-31	1.49
2004-09-30	0.77
2004-06-30	0.94
2004-03-31	0.94
2003-12-31	1.21
2003-09-30	1.16
2003-06-30	1.06
2003-03-31	1.28
2002-12-31	1.54
2002-09-30	1.46

DATE

DEBT TO EQUITY RATIO

2026-06-30

0.67

2026-03-31

0.65

2025-12-31

0.67

2025-09-30

0.69

2025-06-30

0.67

2025-03-31

0.65

2024-12-31

0.67

2024-09-30

0.67

2024-06-30

0.65

2024-03-31

0.65

2023-12-31

0.67

2023-09-30

0.66

2023-06-30

0.63

2023-03-31

0.64

2022-12-31

0.89

2022-09-30

0.89

2022-06-30

0.86

2022-03-31

0.89

2021-12-31

0.96

2021-09-30

0.96

2021-06-30

0.94

2021-03-31

0.94

2020-12-31

0.71

2020-09-30

0.70

2020-06-30

0.70

2020-03-31

0.72

2019-12-31

0.71

2019-09-30

0.69

2019-06-30

0.66

2019-03-31

0.66

2018-12-31

0.68

2018-09-30

0.76

2018-06-30

0.70

2018-03-31

0.68

2017-12-31

0.75

2017-09-30

0.90

2017-06-30

0.85

2017-03-31

0.84

2016-12-31

0.95

2016-09-30

0.94

2016-06-30

0.90

2016-03-31

0.92

2015-12-31

0.98

2015-09-30

0.91

2015-06-30

0.84

2015-03-31

0.85

2014-12-31

0.98

2014-09-30

0.86

2014-06-30

0.79

2014-03-31

0.79

2013-12-31

1.18

2013-09-30

1.09

2013-06-30

1.01

2013-03-31

1.06

2012-12-31

1.15

2012-09-30

1.07

2012-06-30

1.03

2012-03-31

1.01

2011-12-31

1.14

2011-09-30

1.07

2011-06-30

0.95

2011-03-31

0.91

2010-12-31

1.06

2010-09-30

1.05

2010-06-30

0.94

2010-03-31

0.93

2009-12-31

1.04

2009-09-30

1.03

2009-06-30

0.99

2009-03-31

1.18

2008-12-31

1.19

2008-09-30

1.20

2008-06-30

1.06

2008-03-31

1.00

2007-12-31

1.15

2007-09-30

1.16

2007-06-30

1.22

2007-03-31

1.08

2006-12-31

1.22

2006-09-30

1.56

2006-06-30

1.49

2006-03-31

1.43

2005-12-31

1.62

2005-09-30

1.45

2005-06-30

1.35

2005-03-31

1.39

2004-12-31

1.49

2004-09-30

0.77

2004-06-30

0.94

2004-03-31

0.94

2003-12-31

1.21

2003-09-30

1.16

2003-06-30

1.06

2003-03-31

1.28

2002-12-31

1.54

2002-09-30

1.46

Debt to Equity Ratio: 0.67

ATO Debt to Equity Ratio

ATO Average Debt to Equity Ratio Chart

ATO Current vs Average Debt to Equity Ratio Chart

ATO Debt to Equity Ratio Metrics

ATO Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

ATO Debt to Equity Ratio History

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