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Operating Margin for Atmos Energy (ATO)

As of · Reported

Metric

TTM

35.9%

YoY change

+0.63pp

Trough year (2008)

5.9%

Peak year (1985)

100.0%

Operating Margin history chart for Atmos Energy (ATO) from 1985 to 2025

Latest: 33.2%

Operating Margin change chart for Atmos Energy (ATO) from 1985 to 2025

Latest: +0.63pp

Operating Margin history table for Atmos Energy (ATO) from 1985 to 2025

  • 202533.2%+0.63pp
  • 202432.5%+7.58pp
  • 202325.0%+3.04pp
  • 202221.9%-4.64pp
  • 202126.6%-2.65pp
  • 202029.2%+3.50pp
  • 201925.7%+2.35pp
  • 201823.4%-3.29pp
  • 201726.7%-0.12pp
  • 201626.8%+5.86pp
  • 201520.9%+8.54pp
  • 201412.4%-0.58pp
  • 201313.0%-0.04pp
  • 201213.0%+3.05pp
  • 20119.9%-0.17pp
  • 201010.1%+1.11pp
  • 20099.0%+3.08pp
  • 20085.9%-0.83pp
  • 20076.8%+0.54pp
  • 20066.2%-0.81pp
  • 20057.0%+0.39pp
  • 20046.6%-0.08pp
  • 20036.7%-2.70pp
  • 20029.4%+0.38pp
  • 20019.0%-1.00pp
  • 200010.0%+2.20pp
  • 19997.8%-5.46pp
  • 199813.3%+5.97pp
  • 19977.3%-3.10pp
  • 199610.4%+0.83pp
  • 19959.6%+2.68pp
  • 19946.9%-93.08pp
  • 1993100.0%0.00pp
  • 1992100.0%0.00pp
  • 1991100.0%0.00pp
  • 1990100.0%0.00pp
  • 1989100.0%0.00pp
  • 1988100.0%0.00pp
  • 1987100.0%0.00pp
  • 1986100.0%0.00pp
  • 1985100.0%—

Operating Margin values are taken from Atmos Energy's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at Atmos Energy (ATO)

According to Atmos Energy's latest reported financial statements, the company's latest reported operating margin is 35.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of Atmos Energy (ATO) operating margin is 33.17% – expanded 0.6 percentage points year-over-year.

Across the available history, operating margin reached its high of 100.00% in 1985 and its low of 5.93% in 2008.

Atmos Energy Operating Margin by Year

Atmos Energy Operating Margin 2025: 33.2%

In 2025, Atmos Energy reported operating margin of 33.17%, expanded 0.6 percentage points from 2024.

Atmos Energy Operating Margin 2024: 32.5%

Atmos Energy operating margin in 2024 was 32.54%, expanded 7.6 percentage points from 2023.

Atmos Energy Operating Margin 2023: 25.0%

2023's operating margin for Atmos Energy came in at 24.96%, expanded 3.0 percentage points from 2022.

Atmos Energy Operating Margin 2022: 21.9%

Atmos Energy posted operating margin of 21.92% in 2022, contracted 4.6 percentage points from 2021.

Atmos Energy Operating Margin 2021: 26.6%

Atmos Energy operating margin in 2021 was 26.56%.

See more financial history for Atmos Energy (ATO).

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