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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
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Company details
Market cap
$28B
Div yield
2.3%
Dividend
$4.00/yr
EPS (FY26 guide)
$8.40-8.50
Revenue (FY25)
$4.7B
Rev. growth
+13%
Customers
~3.4M
Capex plan (26-30)
~$26B
In plain English
Atmos Energy is the largest pure natural-gas utility in the US: it owns the underground mains that pipe gas to ~3.4 million homes and businesses across eight states (it is the #1 gas distributor in Texas, Louisiana and Mississippi) plus a big intrastate Texas pipeline (APT). It buys none of the gas it delivers for profit — it earns a regulated return on the pipes it builds, and is pouring ~$26B into safety and reliability through 2030.
In simple terms
What Atmos Energy really sells
Atmos Energy is the largest pure natural-gas utility in the US: it owns the underground mains that pipe gas to ~3.4 million homes and businesses across eight states (it is the #1 gas distributor in Texas, Louisiana and Mississippi) plus a big intrastate Texas pipeline (APT). It buys none of the gas it delivers for profit — it earns a regulated return on the pipes it builds, and is pouring ~$26B into safety and reliability through 2030.
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