Atmos' Constructive Regulation and Strong Execution Support Growth
Favorable regulation and large infrastructure investments have driven strong earnings growth and steady dividend increases for Atmos Energy.
Favorable regulation and large infrastructure investments have driven strong earnings growth and steady dividend increases for Atmos Energy.
Constructive regulation allows Atmos to adjust customer rates within six months for about 90% of capital investments. This reduces regulatory lag and, combined with customer growth, allows Atmos to earn returns at or above allowed returns.
Dividend-paying stocks like Atmos are sensitive to interest rates. As interest rates go up, dividend-paying stocks often underperform the broader market.
Metric
|
ATO
|
NJR
|
NI
|
---|---|---|---|
Price/Earnings (Normalized) | 20.44 | 19.48 | 22.23 |
Price/Book Value | 1.77 | 2.13 | 1.98 |
Price/Sales | 5.13 | 2.62 | 2.97 |
Price/Cash Flow | 11.62 | 10.50 | 8.36 |
Metric
|
ATO
|
NJR
|
NI
|
---|---|---|---|
Quick Ratio | 1.08 | 0.18 | 0.29 |
Current Ratio | 1.73 | 0.60 | 0.78 |
Interest Coverage | 7.69 | 3.28 | 2.74 |
Metric
|
ATO
|
NJR
|
NI
|
---|---|---|---|
Return on Assets (Normalized) | 4.16% | 3.51% | 2.64% |
Return on Equity (Normalized) | 8.61% | 11.17% | 10.75% |
Return on Invested Capital (Normalized) | 6.01% | 6.19% | 5.43% |
1-Day Chart
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Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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