Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 19.88.
Forward PE Ratio (19.88) = Close Price ($166.59) / Consensus Forward EPS ($8.45)
FORWARD PE RATIO
19.88
SECTOR MEDIAN · UTILITIES
17.79
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
+11.75%
vs the sector median at left
Atmos Energy Corporation
Market Cap
$27.81B
Forward PE Ratio
19.88
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Atmos Energy Corporation (ATO) | $27.81B | 19.88 |
| American Water Works Company, Inc. (AWK)vs › | $27.89B | 23.08 |
| DTE Energy Company (DTE)vs › | $28.31B | 17.79 |
| FirstEnergy Corp. (FE)vs › | $26.73B | 17.01 |
| Eversource Energy (ES)vs › | $26.49B | 15.39 |
| Ameren Corporation (AEE)vs › | $29.40B | 19.80 |
| CenterPoint Energy, Inc. (CNP)vs › | $26.20B | 20.98 |
| PPL Corporation (PPL)vs › | $26.00B | 18.00 |
| NRG Energy, Inc. (NRG)vs › | $24.34B | 13.46 |
| Edison International (EIX)vs › | $22.10B | 9.67 |
Trailing P/E
20.0
reported TTM EPS
Forward P/E
19.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $8.45 implies +0.6% EPS growth vs the reported trailing $8.40.
At today's $166.59 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 | $8.45 | $8.31 – $8.51 | 7 | 19.7x |
| 2027-09-30 | $9.03 | $8.87 – $9.16 | 9 | 18.4x |
| 2028-09-30 | $9.79 | $9.66 – $9.99 | 7 | 17.0x |
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.
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