ATO vs. FTS: Atmos Energy vs. Fortis Stock Comparison
How do Atmos Energy (ATO) and Fortis (FTS) 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
Atmos Energy (ATO) and Fortis (FTS) both fall under the Utilities industry group, but ATO is classified in Gas Utilities while FTS is classified in Electric Utilities.
| Profile Item | ATO | FTS |
|---|---|---|
| Name | Atmos Energy Corporation | Fortis Inc. |
| Country/Region | United States | Canada |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Gas Utilities | Electric Utilities |
| GICS Sub-Industry | Gas Utilities | Electric Utilities |
| Market Capitalization | 29.27 billion USD | 31.00 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 28, 1983 | January 5, 2010 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ATO | FTS |
|---|---|---|
| Total Return (1Y) | 0.43% | 19.13% |
| Total Return (3Y, Annualized) | 18.83% | 17.59% |
| Total Return (5Y, Annualized) | 16.10% | 9.53% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ATO | FTS |
|---|---|---|
| Volatility (1Y, Annualized) | 16.06% | 14.85% |
| Beta (5Y) | 0.55 | 0.40 |
| Max Drawdown (5Y) | -19.08% | -30.13% |
| Avg. Volume (3M) | 1.03M | 879.23K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ATO | FTS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.24 | 1.00 |
| Sortino Ratio (1Y) | -0.34 | 1.53 |
Profitability
ROE (TTM)
Atmos Energy (ATO) at 9.79% is around its peer norm for ROE, while Fortis (FTS) at 7.55% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.
ATO
Utilities industry group
9.79%
- Max
- 17.99%
- Q3
- 12.01%
- ATO
- 9.79%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
FTS
Utilities industry group
7.55%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- FTS
- 7.55%
- Min
- 2.17%
Net Margin (TTM)
Atmos Energy (ATO) at 28.50% retains a top-quartile share of revenue as profit, ahead of Fortis (FTS) at 15.01%, which keeps about the industry-typical share.
ATO
Utilities industry group
28.50%
- Max
- 28.78%
- ATO
- 28.50%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
FTS
Utilities industry group
15.01%
- Max
- 28.78%
- Q3
- 17.30%
- FTS
- 15.01%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Atmos Energy (ATO) at 37.22% operates in the top operating margin quartile, ahead of Fortis (FTS) at 30.69%, which runs around its industry’s norm.
ATO
Utilities industry group
37.22%
- Max
- 53.83%
- ATO
- 37.22%
- Q3
- 31.12%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
FTS
Utilities industry group
30.69%
- Max
- 53.83%
- Q3
- 31.12%
- FTS
- 30.69%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | ATO | FTS |
|---|---|---|
| ROE (TTM) | 9.79% | 7.55% |
| ROA (TTM) | 3.89% | 2.93% |
| Net Margin (TTM) | 28.50% | 15.01% |
| Operating Margin (TTM) | 37.22% | 30.69% |
| Gross Margin (TTM) | 62.21% | 45.52% |
Growth
Revenue Growth
Both Atmos Energy (ATO) at 12.91% and Fortis (FTS) at 5.75% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Atmos Energy (ATO) at 9.22% and Fortis (FTS) at 4.94% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | ATO | FTS |
|---|---|---|
| Revenue Growth (YoY) | 12.91% | 5.75% |
| Revenue Growth (3Y CAGR) | 3.83% | 3.29% |
| EPS Growth (YoY) | 9.22% | 4.94% |
| EPS Growth (3Y CAGR) | 10.03% | 6.94% |
Financial Strength
Current Ratio (MRQ)
Both Atmos Energy (ATO) at 0.81 and Fortis (FTS) at 0.69 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
ATO
Utilities industry group
0.81
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- ATO
- 0.81
- Q1
- 0.66
- Min
- 0.29
FTS
Utilities industry group
0.69
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- FTS
- 0.69
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Atmos Energy (ATO) at 0.68 keeps leverage in the lower industry quartile, while Fortis (FTS) at 1.35 runs a more typical debt-to-equity mix.
ATO
Utilities industry group
0.68
- Max
- 2.63
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- ATO
- 0.68
- Min
- 0.00
FTS
Utilities industry group
1.35
- Max
- 2.63
- Q3
- 1.77
- FTS
- 1.35
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | ATO | FTS |
|---|---|---|
| Current Ratio (MRQ) | 0.81 | 0.69 |
| Debt / Equity (MRQ) | 0.68 | 1.35 |
| Net Debt / EBITDA | 3.74 | 6.22 |
Dividends
Dividend Yield (TTM)
Fortis (FTS) at 4.18% delivers top-quartile income for its industry, while Atmos Energy (ATO) at 2.21% pays a more typical yield — both are credible income propositions, FTS the richer one.
ATO
Utilities industry group
2.21%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- ATO
- 2.21%
- Q1
- 0.66%
- Min
- 0.00%
FTS
Utilities industry group
4.18%
- Max
- 6.66%
- FTS
- 4.18%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Atmos Energy (ATO) at 46.13% pays out a band-typical share of earnings, while Fortis (FTS) at 72.73% distributes more than its industry norm — less retained, thinner cover.
ATO
Utilities industry group
46.13%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- ATO
- 46.13%
- Q1
- 32.38%
- Min
- 0.00%
FTS
Utilities industry group
72.73%
- Max
- 113.04%
- FTS
- 72.73%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | ATO | FTS |
|---|---|---|
| Dividend Yield (TTM) | 2.21% | 4.18% |
| Dividend Payout Ratio (TTM) | 46.13% | 72.73% |
Valuation
P/E Ratio (TTM)
Atmos Energy (ATO) at 20.65 is near its industry’s usual P/E ratio, while Fortis (FTS) at 23.66 sits in the richer quartile — FTS needs stronger growth or earnings quality to justify the premium.
ATO
Utilities industry group
20.65
- Max
- 31.22
- Q3
- 23.30
- ATO
- 20.65
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
FTS
Utilities industry group
23.66
- Max
- 31.22
- FTS
- 23.66
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
Fortis (FTS) at 2.47 is priced about in line with its industry on P/S ratio, while Atmos Energy (ATO) at 5.95 sits in the pricier quartile — ATO costs more per dollar of sales.
ATO
Utilities industry group
5.95
- Max
- 6.35
- ATO
- 5.95
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
FTS
Utilities industry group
2.47
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- FTS
- 2.47
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Atmos Energy (ATO) at 1.92 and Fortis (FTS) at 1.79 are valued close to their industries’ norm against book — neither stands out from peers.
ATO
Utilities industry group
1.92
- Max
- 3.12
- Q3
- 2.21
- ATO
- 1.92
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
FTS
Utilities industry group
1.79
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- FTS
- 1.79
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | ATO | FTS |
|---|---|---|
| P/E Ratio (TTM) | 20.65 | 23.66 |
| P/S Ratio (TTM) | 5.95 | 2.47 |
| P/B Ratio (MRQ) | 1.92 | 1.79 |
| Free Cash Flow Yield (TTM) | -7.59% | -9.42% |