As of Oct 22, 2026, ATO's PEG ratio of 1.26 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 20.48 measured against EPS growth of 16.3%. When benchmarked against the trailing 4-quarter average of 1.74, ATO's PEG ratio reflects a 28% decrease.
Atmos Energy's ten years historical PEG ratio averages out to 2.0. Compared to historical data, ATO's 1.26 PEG ratio represents a decrease of 37%. ATO hit its maximum PEG ratio of 7.36 during the Dec 2021 quarter over the last ten years. The Dec 2017 quarter marked the lowest reading at 0.3, indicating the most attractive growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 2.18 | 22.65 | 10.4% |
| 2024 | 1.69 | 20.31 | 12% |
| 2023 | 2 | 17.37 | 8.7% |
| 2022 | 1.89 | 18.16 | 9.6% |
| 2021 | 3.67 | 17.23 | 4.7% |
| 2020 | 1.6 | 19.55 | 12.2% |
| 2019 | N/A | 26.12 | -19.7% |
| 2018 | 0.38 | 17.29 | 45.6% |
| 2017 | 2.16 | 22.48 | 10.4% |
| 2016 | 2.34 | 22.03 | 9.4% |
| 2015 | 4.28 | 18.83 | 4.4% |
| 2014 | 1.55 | 16.11 | 10.4% |
| 2013 | 1.31 | 15.89 | 12.1% |
| 2012 | 3.12 | 14.97 | 4.8% |
| 2011 | 5.27 | 14.23 | 2.7% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 1.24 | 20.29 | 16.3% |
| Mar 2026 | 1.61 | 22.47 | 14% |
| Dec 2025 | 1.94 | 21.55 | 11.1% |
| Sep 2025 | 2.18 | 22.65 | 10.4% |
| Jun 2025 | 2.71 | 21.11 | 7.8% |
| Mar 2025 | 2.46 | 21.44 | 8.7% |
| Dec 2024 | 1.69 | 19.9 | 11.8% |
| Sep 2024 | 1.69 | 20.31 | 12% |
| Jun 2024 | 1.03 | 17.23 | 16.7% |
| Mar 2024 | 1.22 | 17.93 | 14.7% |
| Dec 2023 | 1.78 | 18.51 | 10.4% |
| Sep 2023 | 2 | 17.37 | 8.7% |
| Jun 2023 | 3.46 | 20.06 | 5.8% |
| Mar 2023 | 2.37 | 19.44 | 8.2% |
| Dec 2022 | 2.6 | 19.77 | 7.6% |
ATO's PEG ratio today comes in under the 3, 5 and 10-year averages.
With a PEG of 1.26, ATO ranks higher than the Utilities sector and the industry average but lower than its peers average. But in comparison with the Utilities sector average of 1.21, Atmos Energy's PEG is only 4.1% higher.
Relative to its peers, ATO's PEG ratio is below CNP's and OGS's yet above NFG's. At 1.26, Atmos Energy's PEG ratio sits lower than the peer group average of 1.74.
According to Oct 22, 2026 figures, ATO's PEG ratio stands at 1.26.
ATO shows a 3-year average PEG ratio of 1.78.
ATO shows a 5-year average PEG ratio of 2.51.
ATO's PEG ratio topped out at 7.36 during the Dec 2021 quarter - the highest in ten years.
At present, ATO's PEG ratio runs 37% lower than its 10-year historical average.
To calculate the PEG ratio, take the company's PE ratio and divide by its EPS growth rate (YoY TTM). As of Oct 22, 2026, Atmos Energy carries a PE ratio of 20.48. Earnings grew at 16.3% over the TTM period ending Jun 2026. Applying the formula, this yields a PEG ratio of 1.26. PEG RATIO(1.26) = PE RATIO(20.48) / EPS GROWTH(16.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.