ATO vs. SBS: Atmos Energy vs. Sabesp Stock Comparison
How do Atmos Energy (ATO) and Sabesp (SBS) 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 Sabesp (SBS) both fall under the Utilities industry group, but ATO is classified in Gas Utilities while SBS is classified in Water Utilities.
Atmos Energy (ATO) trades as ordinary local shares, while Sabesp (SBS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | ATO | SBS |
|---|---|---|
| Name | Atmos Energy Corporation | Companhia de Saneamento Básico do Estado de São Paulo - SABESP ADR |
| Country/Region | United States | Brazil |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Gas Utilities | Water Utilities |
| GICS Sub-Industry | Gas Utilities | Water Utilities |
| Market Capitalization | 29.27 billion USD | 16.96 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 28, 1983 | May 10, 2002 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ATO | SBS |
|---|---|---|
| Total Return (1Y) | 0.43% | -3.72% |
| Total Return (3Y, Annualized) | 18.83% | 28.33% |
| Total Return (5Y, Annualized) | 16.10% | 32.85% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ATO | SBS |
|---|---|---|
| Volatility (1Y, Annualized) | 16.06% | 46.80% |
| Beta (5Y) | 0.55 | 0.76 |
| Max Drawdown (5Y) | -19.08% | -37.59% |
| Avg. Volume (3M) | 1.03M | 11.85M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ATO | SBS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.24 | -0.17 |
| Sortino Ratio (1Y) | -0.34 | -0.22 |
Profitability
ROE (TTM)
Sabesp (SBS) at 16.27% sits in the top ROE quartile, while Atmos Energy (ATO) at 9.79% is closer to the peer norm — stronger capital efficiency for SBS.
ATO
Utilities industry group
9.79%
- Max
- 17.99%
- Q3
- 12.01%
- ATO
- 9.79%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
SBS
Utilities industry group
16.27%
- Max
- 17.99%
- SBS
- 16.27%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
For every dollar of sales, both Atmos Energy (ATO) at 28.50% and Sabesp (SBS) at 17.52% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
ATO
Utilities industry group
28.50%
- Max
- 28.78%
- ATO
- 28.50%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
SBS
Utilities industry group
17.52%
- Max
- 28.78%
- SBS
- 17.52%
- Q3
- 17.30%
- 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 Sabesp (SBS) at 29.28%, 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%
SBS
Utilities industry group
29.28%
- Max
- 53.83%
- Q3
- 31.12%
- SBS
- 29.28%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | ATO | SBS |
|---|---|---|
| ROE (TTM) | 9.79% | 16.27% |
| ROA (TTM) | 3.89% | 8.08% |
| Net Margin (TTM) | 28.50% | 17.52% |
| Operating Margin (TTM) | 37.22% | 29.28% |
| Gross Margin (TTM) | 62.21% | 36.96% |
Growth
Revenue Growth
Both Atmos Energy (ATO) at 12.91% and Sabesp (SBS) at 5.39% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Atmos Energy (ATO) at 9.22% is around its peer norm for EPS growth, while Sabesp (SBS) at -11.79% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | ATO | SBS |
|---|---|---|
| Revenue Growth (YoY) | 12.91% | 5.39% |
| Revenue Growth (3Y CAGR) | 3.83% | 19.98% |
| EPS Growth (YoY) | 9.22% | -11.79% |
| EPS Growth (3Y CAGR) | 10.03% | 40.65% |
Financial Strength
Current Ratio (MRQ)
Atmos Energy (ATO) at 0.81 keeps current ratio within its industry’s typical mid-range, while Sabesp (SBS) at 1.22 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets 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
SBS
Utilities industry group
1.22
- Max
- 1.90
- SBS
- 1.22
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Atmos Energy (ATO) at 0.68 keeps leverage in the lower industry quartile, while Sabesp (SBS) at 0.99 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
SBS
Utilities industry group
0.99
- Max
- 2.63
- Q3
- 1.77
- Median
- 1.35
- SBS
- 0.99
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | ATO | SBS |
|---|---|---|
| Current Ratio (MRQ) | 0.81 | 1.22 |
| Debt / Equity (MRQ) | 0.68 | 0.99 |
| Net Debt / EBITDA | 3.74 | 2.30 |
Dividends
Dividend Yield (TTM)
Sabesp (SBS) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Atmos Energy (ATO) reports a yield of 2.21%, ranking against industry peers normally.
ATO
Utilities industry group
2.21%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- ATO
- 2.21%
- Q1
- 0.66%
- Min
- 0.00%
SBS
Utilities industry group
0.00%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- SBS
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Atmos Energy (ATO) at 46.13% and Sabesp (SBS) at 35.95% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
ATO
Utilities industry group
46.13%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- ATO
- 46.13%
- Q1
- 32.38%
- Min
- 0.00%
SBS
Utilities industry group
35.95%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- SBS
- 35.95%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | ATO | SBS |
|---|---|---|
| Dividend Yield (TTM) | 2.21% | 0.00% |
| Dividend Payout Ratio (TTM) | 46.13% | 35.95% |
Valuation
P/E Ratio (TTM)
Sabesp (SBS) at 11.73 sits in the cheaper P/E ratio quartile, while Atmos Energy (ATO) at 20.65 is closer to its industry’s usual earnings multiple — a discount for SBS, though growth and earnings durability still matter.
ATO
Utilities industry group
20.65
- Max
- 31.22
- Q3
- 23.30
- ATO
- 20.65
- Median
- 19.64
- Q1
- 15.17
- Min
- 3.34
SBS
Utilities industry group
11.73
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- SBS
- 11.73
- Min
- 3.34
P/S Ratio (TTM)
Sabesp (SBS) at 0.41 looks cheap on sales in the lower P/S ratio quartile, while Atmos Energy (ATO) at 5.95 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
ATO
Utilities industry group
5.95
- Max
- 6.35
- ATO
- 5.95
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
SBS
Utilities industry group
0.41
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- SBS
- 0.41
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Atmos Energy (ATO) at 1.92 and Sabesp (SBS) at 1.84 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
SBS
Utilities industry group
1.84
- Max
- 3.12
- Q3
- 2.21
- SBS
- 1.84
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | ATO | SBS |
|---|---|---|
| P/E Ratio (TTM) | 20.65 | 11.73 |
| P/S Ratio (TTM) | 5.95 | 0.41 |
| P/B Ratio (MRQ) | 1.92 | 1.84 |
| Free Cash Flow Yield (TTM) | -7.59% | -62.11% |