Forward PE Ratio: 21.05
The forward PE ratio is 21.05 as of Thursday, July 9, 2026.
Forward PE Ratio (21.05) = Close Price ($174.72) / Consensus Forward EPS ($8.41)
ATO Forward PE Ratio Metrics
FORWARD PE RATIO
21.05
ATO Competitors' Forward PE Ratio
Atmos Energy Corporation
Market Cap
$29.16B
Forward PE Ratio
21.05
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Atmos Energy Corporation (ATO) | $29.16B | 21.05 |
| Edison International (EIX)vs › | $28.72B | 12.22 |
| NRG Energy, Inc. (NRG)vs › | $29.64B | N/A |
| CenterPoint Energy, Inc. (CNP)vs › | $28.34B | 23.07 |
| Eversource Energy (ES)vs › | $27.80B | 15.87 |
| FirstEnergy Corp. (FE)vs › | $27.55B | 17.61 |
| Ameren Corporation (AEE)vs › | $30.93B | 21.03 |
| DTE Energy Company (DTE)vs › | $31.05B | 19.62 |
| PPL Corporation (PPL)vs › | $26.83B | 18.44 |
| American Water Works Company, Inc. (AWK)vs › | $25.49B | 21.68 |
Trailing vs Forward
Trailing P/E
21.8
reported TTM EPS
Forward P/E
21.1
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.41 implies +3.4% EPS growth vs the reported trailing $8.13.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $174.72 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-09-30 | $8.41 | $8.27 – $8.52 | 9 | 20.8x |
| 2027-09-30 | $8.98 | $8.77 – $9.16 | 9 | 19.5x |
| 2028-09-30 | $9.73 | $9.54 – $9.93 | 7 | 18.0x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
Forward PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Forward PE Ratio FAQ
- What is the forward PE ratio for Atmos Energy Corporation (ATO)?
- The forward PE ratio for ATO stock is 21.05.
Related Metrics
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.
- Sector
- Utilities
- Industry
- Regulated Gas
- CEO
- John Kevin Akers