Atmos Energy Corporation (ATO) scored on five pillars from its reported financial statements, and ranked against 52 Utilities companies.
Atmos Energy Corporation (ATO) scores 5.5 out of 10 as of , computed from its reported financial statements. That reads as solid quality. The reading rests on growth, and efficiency is what holds it back.
Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.
We cannot judge Atmos Energy Corporation yet, because fewer than five years had both a return on capital and a cost of capital we could measure. This is not a “no”.
Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →
On the filings behind it, Atmos Energy Corporation earns 5.5 out of 10 for business quality as of October 17, 2026. That is solid quality on our scale. A solid reading is a respectable business with clear strengths and at least one area that falls short of the best in its field. The figure is a weighted average of five pillars, each scored from 0 to 10 against sector-aware benchmarks from reported statements.
Set against 52 Utilities companies, Atmos Energy Corporation lands at the 90th percentile, among the top tenth of the group. For reference, the middle of the group scores 3.9 and a company needs 4.4 to reach its top quarter, which leaves Atmos Energy Corporation well above the median.
Profitability scores 5.3 out of 10, which reads as average. The median across 49 Utilities companies is 4.8, so Atmos Energy Corporation is above its peers on this pillar and ranks at the 66th percentile. Profitability in the middle of the range is neither a moat nor a warning: margins and returns look like those of an ordinary business in this line of work.
Atmos Energy Corporation’s solvency score is 6.4 out of 10 (average). Against a median of 2.9 among 49 Utilities companies, that is well above the group and the 96th percentile. Leverage in the middle of the range is rarely a problem in good years, and it is worth watching how quickly it would tighten in a weak one.
On growth, Atmos Energy Corporation scores 6.9, an average reading. Its peers have a median of 4.9 across 47 Utilities companies, which places it well above them, at the 89th percentile. A middling growth reading is typical of a mature company whose next step depends on reinvestment rather than on its market growing for it.
On efficiency, Atmos Energy Corporation scores 2.7, a weak reading. Its peers have a median of 3.0 across 51 Utilities companies, which places it in line with them, at the 32nd percentile. A low efficiency score is worth reading alongside profitability: earnings that do not convert into cash are worth less than they look.
Predictability scores 5.4 out of 10, which reads as average. The median across 51 Utilities companies is 3.5, so Atmos Energy Corporation is well above its peers on this pillar and ranks at the 96th percentile. Middling predictability suggests some volatility in the record, enough to read the other pillars with a little caution.
This is a lopsided profile. Growth scores 6.9 but efficiency only 2.7, a gap of 4.2 points, so the overall hides a business that is excellent in one respect and weak in another. A growth lead says the business is expanding faster than it is doing anything else well, which is worth checking against predictability. An efficiency shortfall means profit is not turning into cash as readily as it could.
Every scored pillar is at or above the median of Utilities companies, so there is no catch-up left to lift the overall. The risk runs the other way: a one point fall in profitability, the heaviest of them, would take the score from 5.5 to about 5.3. All five pillars could be scored, so the overall uses the full set of weights out of 100: profitability 25, solvency 20, growth 20, efficiency 15, predictability 20.
These are the Utilities companies closest to Atmos Energy Corporation in market value. Each has its own page scored on the same five pillars, so the comparison is like for like.
How much profit the company generates from its capital and sales.
The company’s ability to service debt and meet its obligations.
How fast revenue, earnings and cash flow are compounding.
How well assets and earnings convert into cash and output.
How stable and consistent results have been over time.
Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.
This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.
Educational only. Not investment advice.
On this reading Atmos Energy Corporation scores 5.5 out of 10, which reads as solid quality. Its strongest pillar is growth, its weakest is efficiency. Quality is not the same as a good investment: the score says nothing about the price you would pay.
Atmos Energy Corporation ranks at the 90th percentile of the 52 Utilities companies Lemma publishes a score for. The median there is 3.9 and the top quarter starts at 4.4, against Atmos Energy Corporation’s 5.5.
Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.
This page last changed on October 17, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for ATO are in the app.
No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.
Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.
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