AEE vs. ATO: Ameren vs. Atmos Energy Stock Comparison
How do Ameren (AEE) and Atmos Energy (ATO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Ameren (AEE) and Atmos Energy (ATO) both fall under the Utilities industry group, but AEE is classified in Multi-Utilities while ATO is classified in Gas Utilities.
| Profile Item | AEE | ATO |
|---|---|---|
| Name | Ameren Corporation | Atmos Energy Corporation |
| Country/Region | United States | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Multi-Utilities | Gas Utilities |
| GICS Sub-Industry | Multi-Utilities | Gas Utilities |
| Market Capitalization | 31.24 billion USD | 29.27 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1998 | December 28, 1983 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AEE | ATO |
|---|---|---|
| Total Return (1Y) | 11.92% | 0.43% |
| Total Return (3Y, Annualized) | 17.94% | 18.83% |
| Total Return (5Y, Annualized) | 9.71% | 16.10% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AEE | ATO |
|---|---|---|
| Volatility (1Y, Annualized) | 17.76% | 16.06% |
| Beta (5Y) | 0.40 | 0.55 |
| Max Drawdown (5Y) | -27.46% | -19.08% |
| Avg. Volume (3M) | 1.74M | 1.03M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AEE | ATO |
|---|---|---|
| Sharpe Ratio (1Y) | 0.43 | -0.24 |
| Sortino Ratio (1Y) | 0.62 | -0.34 |
Profitability
ROE (TTM)
Both Ameren (AEE) at 11.78% and Atmos Energy (ATO) at 9.79% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
AEE
Utilities industry group
11.78%
- Max
- 17.99%
- Q3
- 12.01%
- AEE
- 11.78%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
ATO
Utilities industry group
9.79%
- Max
- 17.99%
- Q3
- 12.01%
- ATO
- 9.79%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
For every dollar of sales, both Ameren (AEE) at 18.59% and Atmos Energy (ATO) at 28.50% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
AEE
Utilities industry group
18.59%
- Max
- 28.78%
- AEE
- 18.59%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
ATO
Utilities industry group
28.50%
- Max
- 28.78%
- ATO
- 28.50%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both Ameren (AEE) at 31.23% and Atmos Energy (ATO) at 37.22% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
AEE
Utilities industry group
31.23%
- Max
- 53.83%
- AEE
- 31.23%
- Q3
- 31.12%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
ATO
Utilities industry group
37.22%
- Max
- 53.83%
- ATO
- 37.22%
- Q3
- 31.12%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | AEE | ATO |
|---|---|---|
| ROE (TTM) | 11.78% | 9.79% |
| ROA (TTM) | 3.12% | 3.89% |
| Net Margin (TTM) | 18.59% | 28.50% |
| Operating Margin (TTM) | 31.23% | 37.22% |
| Gross Margin (TTM) | 52.47% | 62.21% |
Growth
Revenue Growth
Ameren (AEE) at 15.43% sits in the top revenue growth quartile, while Atmos Energy (ATO) at 12.91% is closer to the peer norm — faster top-line expansion for AEE.
EPS Growth
Ameren (AEE) at 21.04% sits in the top EPS growth quartile, while Atmos Energy (ATO) at 9.22% is closer to the peer norm — faster per-share earnings growth for AEE.
Growth Metrics
| Metric | AEE | ATO |
|---|---|---|
| Revenue Growth (YoY) | 15.43% | 12.91% |
| Revenue Growth (3Y CAGR) | 3.41% | 3.83% |
| EPS Growth (YoY) | 21.04% | 9.22% |
| EPS Growth (3Y CAGR) | 8.92% | 10.03% |
Financial Strength
Current Ratio (MRQ)
Both Ameren (AEE) at 0.74 and Atmos Energy (ATO) at 0.81 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
AEE
Utilities industry group
0.74
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- AEE
- 0.74
- Q1
- 0.66
- Min
- 0.29
ATO
Utilities industry group
0.81
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- ATO
- 0.81
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Atmos Energy (ATO) at 0.68 keeps leverage in the lower industry quartile, while Ameren (AEE) at 1.57 runs a more typical debt-to-equity mix.
AEE
Utilities industry group
1.57
- Max
- 2.63
- Q3
- 1.77
- AEE
- 1.57
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
ATO
Utilities industry group
0.68
- Max
- 2.63
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- ATO
- 0.68
- Min
- 0.00
Financial Strength Metrics
| Metric | AEE | ATO |
|---|---|---|
| Current Ratio (MRQ) | 0.74 | 0.81 |
| Debt / Equity (MRQ) | 1.57 | 0.68 |
| Net Debt / EBITDA | 5.55 | 3.74 |
Dividends
Dividend Yield (TTM)
Atmos Energy (ATO) at 2.21% pays a yield in its industry’s typical range, while Ameren (AEE) at 0.63% falls in the bottom quartile of its peers.
AEE
Utilities industry group
0.63%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- AEE
- 0.63%
- Min
- 0.00%
ATO
Utilities industry group
2.21%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- ATO
- 2.21%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Ameren (AEE) at 51.48% and Atmos Energy (ATO) at 46.13% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
AEE
Utilities industry group
51.48%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- AEE
- 51.48%
- Q1
- 32.38%
- Min
- 0.00%
ATO
Utilities industry group
46.13%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- ATO
- 46.13%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | AEE | ATO |
|---|---|---|
| Dividend Yield (TTM) | 0.63% | 2.21% |
| Dividend Payout Ratio (TTM) | 51.48% | 46.13% |
Valuation
P/E Ratio (TTM)
Both Ameren (AEE) at 19.63 and Atmos Energy (ATO) at 20.65 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
AEE
Utilities industry group
19.63
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- AEE
- 19.63
- Q1
- 15.17
- Min
- 3.34
ATO
Utilities industry group
20.65
- Max
- 31.22
- Q3
- 23.30
- ATO
- 20.65
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
Both Ameren (AEE) at 3.63 and Atmos Energy (ATO) at 5.95 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
AEE
Utilities industry group
3.63
- Max
- 6.35
- AEE
- 3.63
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
ATO
Utilities industry group
5.95
- Max
- 6.35
- ATO
- 5.95
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Ameren (AEE) at 2.20 and Atmos Energy (ATO) at 1.92 are valued close to their industries’ norm against book — neither stands out from peers.
AEE
Utilities industry group
2.20
- Max
- 3.12
- Q3
- 2.21
- AEE
- 2.20
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
ATO
Utilities industry group
1.92
- Max
- 3.12
- Q3
- 2.21
- ATO
- 1.92
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | AEE | ATO |
|---|---|---|
| P/E Ratio (TTM) | 19.63 | 20.65 |
| P/S Ratio (TTM) | 3.63 | 5.95 |
| P/B Ratio (MRQ) | 2.20 | 1.92 |
| Free Cash Flow Yield (TTM) | -8.06% | -7.59% |