Atmos EnergyATO +0.88%85 EBITDA Margin % is 49.84% as of Mar. 2026, which is 25% above its 10-year median of 39.99. GuruFocus rates ATO with a GF Score™ of 85/100 and a GF Value™ of $155.79 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 499 Utilities - Regulated companies, Atmos Energy ranks better than 88.98% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Atmos Energy's EBITDA for the
three
months ended in Mar. 2026 was $978 Mil. Atmos Energy's Revenue for the
three
months ended in Mar. 2026 was $1,962 Mil. Therefore, Atmos Energy's EBITDA margin for the quarter that ended in Mar. 2026 was 49.84%.
Atmos Energy (NYSE:ATO) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Atmos Energy EBITDA Margin % Related Terms
Atmos Energy EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for Atmos Energy's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Gas subindustry, Atmos Energy's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Atmos Energy EBITDA Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Atmos Energy's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Atmos Energy's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Atmos Energy (ATO) has a EBITDA Margin % of 49.84% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Atmos Energy and its competitors. This is 25% above median its historical median of 39.99. Over the past decade, Atmos Energy's EBITDA Margin % has ranged from 34.63 to 53.13. According to the industry distribution chart, Atmos Energy ranks #55 out of 499 companies in the Utilities - Regulated industry, placing it in the top 11%.
Is Atmos Energy's EBITDA Margin % too high?
Atmos Energy's current EBITDA Margin % of 49.84% is 25% above median its 10-year median of 39.99. Over the past 10 years, this metric has ranged from a low of 34.63 to a high of 53.13. The Utilities - Regulated industry median EBITDA Margin % is 23.94. Atmos Energy's value of 49.84% is 108.2% above this industry median. Based on the distribution chart, Atmos Energy ranks #55 out of 499 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Atmos Energy has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atmos Energy's EBITDA Margin % compare to NI and UGI?
According to the Utilities - Regulated industry distribution chart, Atmos Energy ranks #55 out of 499 companies for EBITDA Margin %. This places Atmos Energy in the top 11% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 23.94. Atmos Energy's value of 49.84% is 108.2% above this benchmark. Historically, Atmos Energy's own EBITDA Margin % has ranged from 34.63 to 53.13 over the past decade. While the company's 10-year median is 39.99 vs. the industry median of 23.94, Atmos Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Utilities - Regulated company?
The median EBITDA Margin % among Utilities - Regulated companies is 23.94, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Atmos Energy's current EBITDA Margin % of 49.84% is 108.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Atmos Energy and its competitors. For the Utilities - Regulated industry, the median EBITDA Margin % is 23.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atmos Energy's current EBITDA Margin % is 49.84%, which is 25% above median its own 10-year median of 39.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atmos Energy stock overvalued right now?
Based on GuruFocus' analysis, Atmos Energy (ATO) is currently considered Modestly Overvalued. The stock's GF Value™ is $155.79, compared to a current price of $172.59 — trading 10.8% above its estimated fair value. The current EBITDA Margin % is 49.84%, which is 25% above median its 10-year median of 39.99 and 108.2% above the Utilities - Regulated industry median of 23.94. Atmos Energy's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Atmos Energy (ATO), the current EBITDA Margin % is 49.84% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Atmos Energy (ATO) Overvalued in 2026?
Based on GuruFocus' analysis, Atmos Energy stock appears to be overvalued.
The current stock price of $172.59 is trading 10.8% above its estimated GF Value™ of $155.79.
GuruFocus considers Atmos Energy to be Modestly Overvalued.
Key valuation signals for ATO:
EBITDA Margin %: 49.84% (25% above median its 10-year median of 39.99)
GF Value™: $155.79 vs. price of $172.59 (10.8% above fair value)
Industry Position: 108.2% above the Utilities - Regulated median (#55 of 499)
No single metric tells the full story. See the ATO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3.3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.
85GF Score
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