ATO (Atmos Energy) Quick Ratio: 0.89 (As of Mar. 2026) — 19% Above Median


ATO Atmos Energy Corp ATO
85 GF Score
Price $172.59
GF Value $155.84
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Atmos Energy Quick Ratio?

Atmos Energy ATO +0.88% 85 Quick Ratio is 0.89 as of Mar. 2026, which is 19% above its 10-year median of 0.75. GuruFocus rates ATO with a GF Score™ of 85/100 and a GF Value™ of $155.84 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 508 Utilities - Regulated companies, Atmos Energy ranks worse than 56.3% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Atmos Energy's quick ratio for the quarter that ended in Mar. 2026 was 0.89.

Atmos Energy has a quick ratio of 0.89. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for Atmos Energy's Quick Ratio or its related term are showing as below:

ATO' s Quick Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.75   Max: 1.8
Current: 0.89

During the past 13 years, Atmos Energy's highest Quick Ratio was 1.80. The lowest was 0.16. And the median was 0.75.

ATO's Quick Ratio is ranked worse than
56.3% of 508 companies
in the Utilities - Regulated industry
Industry Median: 1.005 vs ATO: 0.89

Atmos Energy  (NYSE:ATO) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Atmos Energy Quick Ratio Related Terms


Atmos Energy Quick Ratio Historical Data

* Premium members only.

The historical data trend for Atmos Energy's Quick Ratio 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.

Atmos Energy Quick Ratio Chart

Atmos Energy Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.74 0.45 0.78 0.63

Atmos Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 1.25 0.63 1.02 0.89

ATO vs NI, UGI, SWX: Quick Ratio Comparison

For the Utilities - Regulated Gas subindustry, Atmos Energy's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Atmos Energy's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Atmos Energy's Quick Ratio falls into.


ATO
85GF Score
Atmos Energy Corp ATO
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Atmos Energy Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Atmos Energy's Quick Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Quick Ratio (A: Sep. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1052.695-191.832)/1362.615
=0.63

Atmos Energy's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1262.019-135.871)/1258.488
=0.89

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.89 mean?
Atmos Energy (ATO) has a Quick Ratio of 0.89 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Atmos Energy and its competitors. This is 19% above median its historical median of 0.75. Over the past decade, Atmos Energy's Quick Ratio has ranged from 0.16 to 1.80. According to the industry distribution chart, Atmos Energy ranks #286 out of 508 companies in the Utilities - Regulated industry, placing it in the top 56.3%.
Is Atmos Energy's Quick Ratio too high?
Atmos Energy's current Quick Ratio of 0.89 is 19% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.80. The Utilities - Regulated industry median Quick Ratio is 1.01. Atmos Energy's value of 0.89 is 11.4% below this industry median. Based on the distribution chart, Atmos Energy ranks #286 out of 508 companies in the Utilities - Regulated industry, which is below the industry midpoint. 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 Quick Ratio compare to NI and UGI?
According to the Utilities - Regulated industry distribution chart, Atmos Energy ranks #286 out of 508 companies for Quick Ratio. This places Atmos Energy in the lower half of its industry. The industry median Quick Ratio is 1.01. Atmos Energy's value of 0.89 is 11.4% below this benchmark. Historically, Atmos Energy's own Quick Ratio has ranged from 0.16 to 1.80 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.01, Atmos Energy has consistently been below 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 Quick Ratio for an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.01, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Atmos Energy's current Quick Ratio of 0.89 is 11.4% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Atmos Energy and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atmos Energy's current Quick Ratio is 0.89, which is 19% above median its own 10-year median of 0.75. 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 $155.84, compared to a current price of $172.59 — trading 10.7% above its estimated fair value. The current Quick Ratio is 0.89, which is 19% above median its 10-year median of 0.75 and 11.4% below the Utilities - Regulated industry median of 1.01. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Atmos Energy (ATO), the current Quick Ratio is 0.89 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 10.7% above its estimated GF Value™ of $155.84. GuruFocus considers Atmos Energy to be Modestly Overvalued.

Key valuation signals for ATO:

  • Quick Ratio: 0.89 (19% above median its 10-year median of 0.75)
  • GF Value™: $155.84 vs. price of $172.59 (10.7% above fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 11.4% below the Utilities - Regulated median (#286 of 508)

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 Business Description

Address 5430 LBJ Freeway, Suite 1800, Three Lincoln Centre, Dallas, TX, USA, 75240
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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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$172.59
Price
$155.84
GF Value