Atmos Energy Corporation (ATO)
Return on total capital
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,404,292 | 1,605,867 | 1,578,965 | 1,493,531 | 1,426,408 | 1,393,911 | 1,339,169 | 1,211,536 | 1,136,922 | 1,079,805 | 1,062,232 | 1,012,533 | 954,719 | 916,784 | 888,211 | 882,504 | 902,853 | 927,710 | 934,703 | 878,514 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 13,558,900 | 13,385,800 | 13,138,000 | 12,780,500 | 12,157,700 | 12,183,100 | 12,183,100 | 11,273,200 | 10,870,100 | 10,602,400 | 10,205,200 | 9,836,270 | 9,419,090 | 9,268,170 | 8,983,230 | 8,289,540 | 7,906,890 | 7,773,760 | 7,820,920 | 7,213,160 |
| Return on total capital | 10.36% | 12.00% | 12.02% | 11.69% | 11.73% | 11.44% | 10.99% | 10.75% | 10.46% | 10.18% | 10.41% | 10.29% | 10.14% | 9.89% | 9.89% | 10.65% | 11.42% | 11.93% | 11.95% | 12.18% |
September 30, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,404,292K ÷ ($—K + $13,558,900K)
= 10.36%
Peer comparison
Sep 30, 2025
Company name
Symbol
Return on total capital
Atmos Energy Corporation
ATO
10.36%
NewJersey Resources Corporation
NJR
23.27%
Spire Inc
SR
15.80%
UGI Corporation
UGI
17.19%