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Atmos Energy Corporation (ATO)
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Atmos Energy Corporation (ATO) Operating Margin: 35.87%

Is Atmos Energy Corporation’s operating margin high or low?

Atmos Energy Corporation's operating margin of 35.87% is 28% above its 5-year average of 28.06%, near the high end of its 5-year range (21.92%–35.87%).

As of Sunday, June 14, 2026. 9.18% above its 12-month average of 32.86%.

ATO Operating Margin Chart

ATO Operating Margin
33.17%+1.94% 1Y
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ATO Average Operating Margin Chart

ATO Current vs Average Operating Margin Chart

ATO Operating Margin Metrics

OPERATING MARGIN

35.87%

OPERATING MARGIN AVG TTM

32.86%

OPERATING MARGIN AVG 3Y

28.15%

OPERATING MARGIN AVG 5Y

28.06%

OPERATING MARGIN AVG 10Y

26.53%

OPERATING MARGIN AVG 15Y

21.88%

OPERATING MARGIN AVG 20Y

18.34%

CURRENT VS TTM AVG

+9.18%

CURRENT VS 3Y AVG

+27.44%

CURRENT VS 5Y AVG

+27.83%

CURRENT VS 10Y AVG

+35.23%

CURRENT VS 15Y AVG

+63.91%

CURRENT VS 20Y AVG

+95.61%

ATO Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Atmos Energy Corporation (ATO)$28.37B35.87%32.86%28.15%28.06%
CenterPoint Energy, Inc. (CNP)$28.06B22.51%22.79%20.65%18.82%
FirstEnergy Corp. (FE)$27.20B18.72%18.20%17.33%17.48%
CMS Energy Corporation (CMS)$22.73B19.53%20.00%17.70%17.60%
WEC Energy Group, Inc. (WEC)$36.95B23.97%24.63%22.69%22.49%
Alliant Energy Corporation (LNT)$18.88B23.01%22.88%22.81%22.43%
Consolidated Edison, Inc. (ED)$39.71B17.33%17.62%16.92%18.31%
Public Service Enterprise Group Incorporated (PEG)$39.72B25.47%23.68%23.56%18.18%
Exelon Corporation (EXC)$47.28B21.03%19.98%18.97%16.56%
Xcel Energy Inc. (XEL)$49.45B19.85%18.69%17.68%17.58%

Operating Efficiency

Gross Margin

51.4%

Operating Margin

35.9%

Atmos Energy Corporation Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Atmos Energy Corporation Operating Margin FAQ

What is the operating margin for Atmos Energy Corporation (ATO)?
The operating margin for ATO stock is 35.87%.
Is Atmos Energy Corporation's operating margin high or low?
Atmos Energy Corporation's operating margin of 35.87% is 28% above its 5-year average of 28.06%, near the high end of its 5-year range (21.92%–35.87%).
What is the TTM average operating margin for Atmos Energy Corporation (ATO)?
The TTM average operating margin for ATO stock is 32.86%.
What is the 3Y average operating margin for Atmos Energy Corporation (ATO)?
The 3Y average operating margin for ATO stock is 28.15%.
What is the 5Y average operating margin for Atmos Energy Corporation (ATO)?
The 5Y average operating margin for ATO stock is 28.06%.
What is the 10Y average operating margin for Atmos Energy Corporation (ATO)?
The 10Y average operating margin for ATO stock is 26.53%.
What is the 15Y average operating margin for Atmos Energy Corporation (ATO)?
The 15Y average operating margin for ATO stock is 21.88%.
What is the 20Y average operating margin for Atmos Energy Corporation (ATO)?
The 20Y average operating margin for ATO stock is 18.34%.

Atmos Energy Corporation Operating Margin History

DATEOPERATING MARGIN
2025-09-3033.17%
2024-09-3032.54%
2023-09-3024.96%
2022-09-3021.92%
2021-09-3026.56%
2020-09-3029.21%
2019-09-3025.71%
2018-09-3023.36%
2017-09-3026.66%
2016-09-3026.77%
2015-09-3020.92%
2014-09-3012.37%
2013-09-3012.95%
2012-09-3012.99%
2011-09-309.94%
2010-09-3010.11%
2009-09-309.00%
2008-09-305.93%
2007-09-306.76%
2006-09-306.22%
2005-09-307.03%
2004-09-306.63%
2003-09-306.71%
2002-09-309.41%
2001-09-309.03%
2000-09-3010.04%
1999-09-307.84%
1998-09-3013.30%
1997-09-307.33%
1996-09-3010.43%

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
5,260 employees
Utilities / Regulated Gas
Sector
Utilities
Industry
Regulated Gas
CEO
John Kevin Akers