Debt-to-Equity Ratio
Higher than 9% of Utilities sector peers
Updated 1639h ago
Sector Performance
9th percentileATO
0.65x
Sector Median
1.47x
Sector Avg
1.76x
Deep Analysis
Atmos Energy’s debt-to-equity ratio of 0.65x means the company uses $0.65 of debt for every $1 of shareholder equity, a measure of financial leverage.
This is well below the sector median of 1.47x, placing Atmos in the 9th percentile among utility peers — indicating it carries less debt than 91% of them. Trend data is not available: the year-over-year change is N/A, and the quarter-over-quarter change is N/A, so no directional insight can be drawn. The combination of a very low debt level with no trend information suggests a conservative capital structure that reduces financial risk, but the absence of historical context limits the ability to assess whether this positioning is stable or shifting. This metric supports the overall NEUTRAL verdict: the low leverage is a defensive positive, but without trend data to confirm improving or deteriorating conditions, it neither strengthens nor weakens a balanced outlook on the stock.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about ATO?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
How does ATO's Debt-to-Equity Ratio compare to its sector?
ATO's Debt-to-Equity Ratio of 0.65x compares to a Utilities sector median of 1.47x, placing it in the 9th percentile.
Who are ATO's closest peers by Debt-to-Equity Ratio?
The closest Utilities peers by Debt-to-Equity Ratio include: AWK (1.42x), NEP (1.52x), PEG (1.40x), PNW (1.56x), PPL (1.35x).
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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0.65x
Sector Median
1.47x
Sector Avg
1.76x
How ATO's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.