---
title: "Atmos Energy: Competitors"
description: "Atmos Energy compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how the peer group is chosen."
canonical: https://www.getswoopr.com/stocks/companies/atmos-energy/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Atmos Energy: Competitors & Industry Structure



## Direct Answer

SEC EDGAR classifies Atmos Energy under SIC code 4924 (Natural Gas Distribution). Among Swoopr's S&P 500 Equal Weight companies, 10 others share that classification; by latest reported revenue, Atmos Energy ranks 3 of 11. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does Atmos Energy Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| [Cheniere Energy Inc. (LNG)](https://www.getswoopr.com/stocks/companies/cheniere-energy-inc/) | $20.0 billion FY2025 | 27.2% | 45.6% | 34.0% |
| [Venture Global Inc. (VG)](https://www.getswoopr.com/stocks/companies/venture-global-inc/) | $13.8 billion FY2025 | 176.9% | 37.4% | 19.8% |
| **Atmos Energy (ATO)** | $4.7 billion FY2025 | 12.9% | 33.2% | 25.5% |
| [ONE Gas Inc. (OGS)](https://www.getswoopr.com/stocks/companies/one-gas-inc/) | $2.6 billion FY2022 | n/a | 13.6% | 8.6% |
| [Spire Inc. (SR)](https://www.getswoopr.com/stocks/companies/spire-inc/) | $2.5 billion FY2025 | -4.5% | 21.2% | 11.0% |
| [National Fuel Gas Company (NFG)](https://www.getswoopr.com/stocks/companies/national-fuel-gas-company/) | $2.3 billion FY2025 | 17.1% | 35.7% | 22.8% |
| [New Fortress Energy Inc. (NFE)](https://www.getswoopr.com/stocks/companies/new-fortress-energy-inc/) | $1.5 billion FY2025 | -36.2% | -74.5% | -121.8% |
| [NewJersey Resources Corporation (NJR)](https://www.getswoopr.com/stocks/companies/newjersey-resources-corporation/) | $1.4 billion FY2025 | 9.9% | 37.7% | 24.8% |
| [Excelerate Energy Inc. (EE)](https://www.getswoopr.com/stocks/companies/excelerate-energy-inc/) | $1.2 billion FY2025 | 44.3% | 21.7% | 13.6% |
| [Stabilis Solutions Inc. (SLNG)](https://www.getswoopr.com/stocks/companies/stabilis-solutions-inc/) | $68 million FY2025 | -6.9% | n/a | -2.0% |
| [Clean Energy Technologies Inc. (CETY)](https://www.getswoopr.com/stocks/companies/clean-energy-technologies-inc/) | $2 million FY2025 | -10.8% | -118.4% | -315.0% |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

![Bar chart of operating margin for Atmos Energy and 7 peers: Cheniere Energy Inc. (LNG) 45.6%, Venture Global Inc. (VG) 37.4%, Atmos Energy (ATO) 33.2%, ONE Gas Inc. (OGS) 13.6%, Spire Inc. (SR) 21.2%, National Fuel Gas Company (NFG) 35.7%, New Fortress Energy Inc. (NFE) -74.5%, NewJersey Resources Corporation (NJR) 37.7%.](https://www.getswoopr.com/images/charts/atmos-energy-competitors-peer-margins.webp)
*Operating margin of Atmos Energy against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.*

## How Does Atmos Energy Rank Among All SEC Filers in Its Industry Code?

11 companies with annual reports in Swoopr's SEC dataset share SIC code 4924 (Natural Gas Distribution), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

| Measure | Atmos Energy | Median of filers | Rank |
| --- | --- | --- | --- |
| Revenue | $4.7 billion | $2.3 billion | 3 of 11 |
| Revenue growth | 12.9% | 11.4% | 5 of 10 |
| Operating margin | 33.2% | 27.4% | 5 of 10 |
| Net margin | 25.5% | 13.6% | 2 of 11 |

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

## Where These Numbers Come From

Every figure on this page is a value Atmos Energy reported in its own SEC filings, read from the SEC's XBRL data (accession 0000731802-25-000056 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are Atmos Energy's competitors?

Companies sharing Atmos Energy's SEC classification (SIC code 4924 (Natural Gas Distribution)) include Cheniere Energy Inc. (LNG), Venture Global Inc. (VG), ONE Gas Inc. (OGS), Spire Inc. (SR), National Fuel Gas Company (NFG). Its 10-K names the competitors it considers most relevant.

### How does Atmos Energy compare with its peers on margins?

Atmos Energy's fiscal 2025 operating margin was 33.2%, against a peer median of 21.7%.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

### How does Atmos Energy rank among all companies in its SEC industry?

Among 11 SEC filers under SIC code 4924, Atmos Energy ranks 3 by latest revenue, and 5 of 10 by operating margin (33.2% against a median of 27.4%).

## References

- [SEC EDGAR: ATMOS ENERGY CORP Form 10-K filed November 14, 2025](https://www.sec.gov/Archives/edgar/data/731802/000073180225000056/ato-20250930.htm)
- [SEC EDGAR: ATMOS ENERGY CORP annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=731802&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Atmos Energy company dossier](https://www.getswoopr.com/stocks/companies/atmos-energy/)
- [Atmos Energy financial metrics](https://www.getswoopr.com/stocks/companies/atmos-energy/metrics/)
- [Atmos Energy financial risk indicators](https://www.getswoopr.com/stocks/companies/atmos-energy/risks/)
- [Atmos Energy peer comparison](https://www.getswoopr.com/stocks/companies/atmos-energy/competitors/)
- [Atmos Energy business model and revenue mix](https://www.getswoopr.com/stocks/companies/atmos-energy/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)





**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**



Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
