ATOAtmos Energy
Is it safe?
Strong, no red flags: a safe balance sheet, insiders buying, and steady price behavior.
Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Insiders were net buyers (+$50K, 90 days to Oct 8, 2026). SEC Form 4 filings: officers and directors must report their own trades within two business days.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -33% · now 15% below its 52-week high.
Unless marked, from SEC EDGAR, as of Sep 30, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can ATO take a bad year?
Atmos Energy carries $9.73B of net debt at 3.75× EBITDA: a load its earnings can carry.
Net debt · as at Q3 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.75×
Net debt / EBITDA · 3.65× a year ago · the load is going up
- Altman Z-score
- 1.75
Altman Z-score · distress zone, below 1.8
- Cash runway
- 0.3 years
Cash runway · burning $505M a quarter at the current rate
Details›
- Total debtQ3 2026
- $10.3B
- Cash and short-term investments
- $521M
- Net debt
- $9.73B
- EBITDA, trailing twelve months
- $2.60B
- Operating profit, trailing twelve months
- $1.82B
- Debt / equity
- 0.67×
- Total debt / EBITDA
- 3.95×
- Annualised volatilitytwo years of daily moves
- 16%
- Worst drawdown on file
- −33%
- Below its 52-week high
- 15%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Utilities, Regulated Gas
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