Analysis for ATO
- 📈 Growth — 28/30
- 💰 Profitability — 16/20
- 🏦 Financial Health — 17/20
- 💵 Valuation — 14/20
- ⚠️ Risk — 5/10
Overall Score: 80/100
Summary:
📈 Growth & Financial Trajectory
Over the eight quarters Atmos Energy shows scale growth. Starting from about $701.5M in 2024-Q3 to roughly $1.962B in 2026-Q2, net income rises from about $165.6M to $581.9M. The progression is upward with higher earnings and cash flow generation, including a rise in operating cash flow.
💰 Margins & Cash Flow
- Operating income oscillates but stays positive, spanning roughly $0.22B to $0.76B per quarter, indicating solid margins for a regulated utility.
- Net cash flow from operating activities increases to about $723.5M in 2026-Q2; investing cash flow is negative around -$1.0B that quarter, reflecting ongoing capex.
🛡️ Balance Sheet & Liquidity
Total assets near $30.38B, with equity around $14.91B and liabilities about $15.47B; current assets and current liabilities are near parity (~$1.26B), supporting liquidity. Debt levels align with typical utility capital structures, giving a balanced balance sheet.
⚠️ Key Drivers & Risks
- Drivers: Stable regulated cash flows; continued network investment.
- Risks: Regulatory/rate changes; interest-rate sensitivity and weather-driven demand, plus valuation sensitivity to rate assumptions.