Atmos Energy Corporation (ATO)

Financial leverage ratio

		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
Total assets	US$ in thousands	28,905,700	27,712,500	26,980,400	26,497,100	25,194,500	24,891,300	24,891,300	23,684,200	22,517,000	21,771,500	21,311,900	23,366,200	22,193,000	21,655,500	21,271,100	20,545,800	19,608,700	19,315,400	19,408,800	16,475,900
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
Financial leverage ratio		2.13	2.07	2.05	2.07	2.07	2.04	2.04	2.10	2.07	2.05	2.09	2.38	2.36	2.34	2.37	2.48	2.48	2.48	2.48	2.28

September 30, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $28,905,700K ÷ $13,558,900K
= 2.13

Peer comparison

Sep 30, 2025

Company name

Symbol

Financial leverage ratio

Atmos Energy Corporation

ATO

2.13

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