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Atmos EnergyATO -0.85%85 EV-to-EBITDA is 14.78 as of Jul. 31, 2026, which is 6% above its 10-year median of 13.94. GuruFocus rates ATO with a GF Score™ of 85/100 and a GF Value™ of $156.28 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 467 Utilities - Regulated companies, Atmos Energy ranks worse than 80.09% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Atmos Energy's enterprise value is $38,344 Mil.
Atmos Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $2,594 Mil. Therefore, Atmos Energy's EV-to-EBITDA for today is 14.78.
The historical rank and industry rank for Atmos Energy's EV-to-EBITDA or its related term are showing as below:
ATO'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 11 Med: 13.94 Max: 17.28
Current: 14.78
During the past 13 years, the highest EV-to-EBITDA of Atmos Energy was 17.28. The lowest was 11.00. And the median was 13.94.
ATO's EV-to-EBITDA is ranked worse than 80.09% of 467
companies
in the Utilities - Regulated industry
Industry Median: 9.91
vs ATO: 14.78
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Atmos Energy's PE Ratio (TTM) for today is calculated as:
Atmos Energy's share price for today is $172.78.
Atmos Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.130.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Atmos Energy's EV-to-EBITDA 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 EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Atmos Energy's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Atmos Energy's EV-to-EBITDA falls into.
Atmos Energy's current Enterprise Value is $38,344 Mil.
Atmos Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,594 Mil.
* 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 EV-to-EBITDA of 14.78 as of Jul. 31, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Atmos Energy. This is near median its historical median of 13.94. Over the past decade, Atmos Energy's EV-to-EBITDA has ranged from 11.00 to 17.28. According to the industry distribution chart, Atmos Energy ranks #374 out of 467 companies in the Utilities - Regulated industry, placing it in the top 80.1%.
Is Atmos Energy's EV-to-EBITDA too high?
Atmos Energy's current EV-to-EBITDA of 14.78 is near median its 10-year median of 13.94. Over the past 10 years, this metric has ranged from a low of 11.00 to a high of 17.28. The Utilities - Regulated industry median EV-to-EBITDA is 9.91. Atmos Energy's value of 14.78 is 49.1% above this industry median. Based on the distribution chart, Atmos Energy ranks #374 out of 467 companies in the Utilities - Regulated industry, which is in the bottom quartile 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 EV-to-EBITDA compare to NI and UGI?
According to the Utilities - Regulated industry distribution chart, Atmos Energy ranks #374 out of 467 companies for EV-to-EBITDA. This places Atmos Energy in the lower half of its industry. The industry median EV-to-EBITDA is 9.91. Atmos Energy's value of 14.78 is 49.1% above this benchmark. Historically, Atmos Energy's own EV-to-EBITDA has ranged from 11.00 to 17.28 over the past decade. While the company's 10-year median is 13.94 vs. the industry median of 9.91, 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 EV-to-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.91, based on 467 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Atmos Energy's current EV-to-EBITDA of 14.78 is 49.1% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Atmos Energy. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atmos Energy's current EV-to-EBITDA is 14.78, which is near median its own 10-year median of 13.94. 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 $156.28, compared to a current price of $172.78 — trading 10.6% above its estimated fair value. The current EV-to-EBITDA is 14.78, which is near median its 10-year median of 13.94 and 49.1% above the Utilities - Regulated industry median of 9.91. Atmos Energy's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Atmos Energy (ATO), the current EV-to-EBITDA is 14.78 as of Jul. 31, 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 $172.78 is trading 10.6% above its estimated GF Value™ of $156.28.
GuruFocus considers Atmos Energy to be Modestly Overvalued.
Key valuation signals for ATO:
EV-to-EBITDA: 14.78 (near median its 10-year median of 13.94)
GF Value™: $156.28 vs. price of $172.78 (10.6% above fair value)
Industry Position: 49.1% above the Utilities - Regulated median (#374 of 467)
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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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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