ATMOS ENERGY CORP(ATO)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #243 of 2,879 stocksTOP 10%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
ATO Stock Analysis & AI Quality Score
AI stock analysis and institutional research for ATMOS ENERGY CORP (ATO), a Energy sector company. 13F Pro's AI-powered ranking engine scores ATO at 72.0/100 on a 32-signal composite quality model, placing it at rank #243 of 2,879 stocks — the top 10% of the AI-ranked universe. ATO scores in the top quartile across profitability (88.8), institutional flow (85.1), revenue growth (83.2). Areas of concern include free cash flow (13.6), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), ATMOS ENERGY CORP reports quarterly revenue of $2.0B, net income of $581.9M, an operating margin of 39.0%. Top institutional holders of ATO by reported 13-F value include BlackRock,, STATE STREET, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. ATO trades on the NYSE exchange and files with the SEC under CIK 731802. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ATO daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for ATMOS ENERGY CORP directly from SEC EDGAR. ATMOS ENERGY CORP's 13F Pro composite quality score has ranged between 8 and 73 since 2021, currently 72.0 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
What's Driving ATO's Business? Latest 10-Q Breakdown
AI-extracted from ATMOS ENERGY CORP's 10-Q filed 2026-05-06 — Q2 FY2026 (six months ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net income of $984.9M (+18% YoY) driven by $135.3M in implemented rate increases and $93.6M benefit from Texas infrastructure legislation, offset partly by higher depreciation.
Biggest Revenue Drivers
Total revenue: $3,304.987B+5.7% YoY
Rate adjustments of $130.7M, consumption growth net of WNA of $14.6M, and customer growth in Mid-Tex offset by depreciation and compliance costs.
GRIP rate adjustments of $40.6M, higher capacity contracted by tariff customers, and through-system activities from increased spreads.
Largest Expense Items
Lower natural gas prices; substantially recovered through purchased gas cost adjustment mechanisms.
Increased capital investments in system safety, reliability, and modernization.
Increased compliance and system monitoring offset partially by efficiency; includes $29.0M benefit from Texas infrastructure legislation.
Margins: Operating income increased 17.6% to $1,279.6M, driven by timely rate recovery mechanisms and infrastructure spending benefits. Gross margin expanded despite higher depreciation due to rate adjustments outpacing operating cost growth, with regulatory lag minimization mechanisms reducing timing pressures.
Watch Items from the Filing
- Two NTSB fatal incidents under investigation: Jackson, Mississippi (Jan 2024, final report issued Mar 2026) and Avondale, Louisiana (Dec 2024, preliminary report Dec 2024). Company cooperating with NTSB and regulators.
- Operations concentrated in eight-state service area with 80%+ of pipeline segment revenue from Texas; limited geographic diversification may amplify Texas regulatory or economic risks.
- Equity capitalization at 60.9% (vs 60.3% prior year); forward equity sales agreements provide $890.1M in liquidity. Ongoing equity issuances support capital plan execution.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q2 2026
$2.0B
Net Income
Q2 2026
$581.9M
Free Cash Flow
Q2 2026
$-280.1M
Operating Margin
Q2 2026
39.0%
ROIC
Q2 2026
3.1%
D/E Ratio
Q2 2026
0.64
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+12.9% YoYNet Income
+14.9% YoYOperating Income
+15.1% YoYEPS (Diluted)
+9.2% YoYTotal Assets
+12.1% YoYTotal Debt
+14.6% YoYOp. Cash Flow
+18.2% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $4.70B +12.9% | $4.17B -2.6% | $4.28B +1.8% | $4.20B +23.3% | $3.41B +20.8% | $2.82B |
| Net Income | $1.20B +14.9% | $1.04B +17.7% | $885.9M +14.4% | $774.4M +16.4% | $665.6M +10.7% | $601.4M |
| Operating Income | $1.56B +15.1% | $1.36B +27.0% | $1.07B +15.9% | $921.0M +1.8% | $905.0M +9.8% | $824.1M |
| EPS (Diluted) | $7.46 +9.2% | $6.83 +12.0% | $6.10 +8.9% | $5.60 +9.4% | $5.12 +4.7% | $4.89 |
| Total Assets | $28.25B +12.1% | $25.19B +11.9% | $22.52B +1.5% | $22.19B +13.2% | $19.61B +27.7% | $15.36B |
| Total Debt | $8.92B +14.6% | $7.79B +14.5% | $6.80B -16.6% | $8.15B +11.1% | $7.33B +61.8% | $4.53B |
| Operating Cash Flow | $2.05B +18.2% | $1.73B -49.9% | $3.46B +253.9% | $977.6M +190.2% | $-1.08B -204.5% | $1.04B |
Get alerted when ATO's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for ATMOS ENERGY CORP including:
Top Institutional Holders of ATO
BlackRock, Inc.
$3.2B17,451,963 shSTATE STREET CORP
$2.1B11,372,750 shVANGUARD CAPITAL MANAGEMENT LLC
$2.0B10,735,547 shWELLINGTON MANAGEMENT GROUP LLP
$1.8B9,651,472 shVANGUARD PORTFOLIO MANAGEMENT LLC
$1.7B9,285,633 shCapital International Investors
$1.4B7,326,778 shAristotle Capital Management, LLC
$899.0M4,866,481 shGEODE CAPITAL MANAGEMENT, LLC
$798.1M4,336,996 shBANK OF AMERICA CORP /DE/
$775.7M4,199,433 shCapital Research Global Investors
$740.8M4,010,550 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $3.2B | 17,451,963 |
| STATE STREET CORP | $2.1B | 11,372,750 |
| VANGUARD CAPITAL MANAGEMENT LLC | $2.0B | 10,735,547 |
| WELLINGTON MANAGEMENT GROUP LLP | $1.8B | 9,651,472 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1.7B | 9,285,633 |
| Capital International Investors | $1.4B | 7,326,778 |
| Aristotle Capital Management, LLC | $899.0M | 4,866,481 |
| GEODE CAPITAL MANAGEMENT, LLC | $798.1M | 4,336,996 |
| BANK OF AMERICA CORP /DE/ | $775.7M | 4,199,433 |
| Capital Research Global Investors | $740.8M | 4,010,550 |
More Energy Companies
View all Energy →Put ATO on your watchlist
Track score changes the day ATMOS ENERGY CORP files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is ATO a good stock to buy?
13F Pro's AI-powered analysis of ATMOS ENERGY CORP (ATO) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Energy sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ATO are available on the ATO stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ATO?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ATO. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of ATMOS ENERGY CORP's investment landscape.