ATO
Atmos Energy Corporation
ATO's fundamentals are mixed: its operating margin rose 4 points to 37%, but free cash flow was negative. At 21x earnings, it's trading right at its usual valuation. Analysts expect earnings growth.
OKLO
Oklo Inc.
There isn't enough reported data to score OKLO yet.
ATO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Weak | |
| Under pressure |
ATO's profitability is currently strong, and its revenue is stable, but its cash flow and balance sheet are under pressure.
OKLO Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| Unavailable | |
| Unavailable |
OKLO's profitability is currently weak. There isn't enough data to rate its revenue, cash flow and balance sheet.
ATO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $155 | -12% |
| Fair | 20x | $171 | -2.6% |
| Forward | 20x | $176 | — |
| Current | 21x | $176 | — |
| Expensive | 23x | $189 | +7.2% |
Historical ranges are pointers, not guarantees.
ATO's PE is in its fair range at 21x. If earnings grow as analysts expect, today's price would be 20x next year's earnings, in its cheap range.
OKLO PE Valuation
OKLO has no meaningful PE right now: it lost money over the past year.
ATO Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Decline | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect ATO's earnings to grow and its profitability to improve, but its revenue to decline.
OKLO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect OKLO's losses to grow, with revenue growing. However, they disagree widely on these estimates.
ATO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.01 | +7.6% |
| Q2 2026 | $8.38 | +16% |
| Q1 2026 | $8.11 | +13% |
| Q4 2025 | $7.67 | +9.9% |
| Q3 2025 | $7.46 | +9.2% |
| Q2 2025 | $7.24 | +6.8% |
| Q1 2025 | $7.16 | +7.8% |
| Q4 2024 | $6.98 | +11% |
| Q3 2024 | $6.83 | +12% |
ATO has the edge over OKLO in the latest year-over-year earnings comparison.
OKLO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.96 | -$0.43 |
| Q2 2026 | -$0.94 | -$0.53 |
| Q1 2026 | -$0.84 | -$0.32 |
OKLO lost $0.96 per share over the past year, a bigger loss than the year before.
ATO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $879.1M | +4.8% |
| Q1 2026 | $2B | +0.6% |
| Q4 2025 | $1.3B | +14% |
| Q3 2025 | $737.5M | +12% |
| Q2 2025 | $838.8M | +20% |
| Q1 2025 | $2B | +18% |
| Q4 2024 | $1.2B | +1.5% |
| Q3 2024 | $657.9M | +12% |
ATO's revenue has grown year over year for 10 quarters in a row: $879M last quarter, up 4.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 36% | +6.4 points |
| Q1 2026 | 39% | +6.7 points |
| Q4 2025 | 38% | -0.7 points |
| Q3 2025 | 30% | +1.6 points |
| Q2 2025 | 30% | -1.3 points |
| Q1 2025 | 32% | -1.2 points |
| Q4 2024 | 39% | +4.6 points |
| Q3 2024 | 28% | +1.9 points |
ATO has the edge over OKLO on profitability, with a higher operating margin.
OKLO Quarterly Revenue
OKLO and ATO do not have enough comparable growth data to identify a winner.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -3816% | N/A |
| Q2 2026 | -6049% | N/A |
ATO has the edge over OKLO on profitability, with a higher operating margin.
ATO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$399.4M | -$28.9M |
| Q1 2026 | -$280.1M | -436% |
| Q4 2025 | -$725.3M | -$116.1M |
| Q3 2025 | -$615.5M | -$138.2M |
| Q2 2025 | -$370.6M | -$68.1M |
| Q1 2025 | $83.3M | -17% |
| Q4 2024 | -$609.2M | -$84.8M |
| Q3 2024 | -$477.3M | +$6.9M |
ATO has burned cash in almost every quarter: −$2B over the past year, against −$1.4B the year before.
OKLO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$199.5M | -$176.4M |
| Q2 2026 | -$141.7M | -$122.3M |
| Q1 2026 | -$50.7M | -$38.1M |
| Q4 2025 | -$60.4M | -$46.8M |
| Q3 2025 | -$23.1M | -$15.1M |
OKLO has burned cash in almost every quarter: −$452M over the past year, against −$69M the year before.
ATO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.9% | +1.6M shares |
| 1 year | +5.1% | +8.2M shares |
| 3 years | +16% | +23.3M shares |
| 5 years | +29% | +37.9M shares |
| Available history | +44% | +51.9M shares |
ATO has the edge over OKLO on shareholder dilution, with a more favorable share count trend.
OKLO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7% | +12.4M shares |
| 1 year | +25% | +38.2M shares |
OKLO has 189M diluted shares, up 25% from a year ago.
ATO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.8x | Elevated |
| Q1 2026 | 3.8x | Elevated |
| Q4 2025 | 3.9x | Elevated |
| Q3 2025 | 3.8x | Elevated |
| Q2 2025 | 3.7x | Elevated |
| Q1 2025 | 3.6x | Elevated |
| Q4 2024 | 3.7x | Elevated |
| Q3 2024 | 3.7x | Elevated |
ATO's net debt is about 3.8 years of its operating earnings (EBITDA), about the same as a year ago.
OKLO Net Leverage
OKLO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
ATO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.0 | Neutral |
| Stochastic | 70.5 | Neutral |
ATO's weekly RSI is 58 (neutral) and its Stochastic is 71 (neutral).
OKLO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.2 | Neutral |
| Stochastic | 13.1 | Oversold |
OKLO's weekly RSI is 30 (neutral) and its Stochastic is 13 (oversold).
ATO PE vs Utilities Sector
| Metric | ATO | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 20x | 2.8% above |
| PE % | 61 | 44 | 17 pts above |
ATO is trading at 21x earnings, in line with the Utilities sector's median of 20x.
OKLO PE vs Utilities Sector
OKLO has no meaningful PE right now: it lost money over the past year.
ATO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $167.1 | 5.3% above |
| 20 week MA | $169.2 | 4% above |
| 50 week MA | $173.7 | 1.3% above |
| 100 week MA | $165.5 | 6.3% above |
| 200 week MA | $142.7 | 23% above |
ATO has the edge over OKLO on trend strength, trading above more of its moving averages.
OKLO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.5 | 17% below |
| 20 week MA | $37.4 | 35% below |
| 50 week MA | $56.6 | 57% below |
| 100 week MA | $59.4 | 59% below |
| 200 week MA | $35.2 | 31% below |
OKLO is in a downtrend: it's below all five of its weekly moving averages, and 31% below its 200-week average.
ATO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $110.1 | $92.8 | -16% |
| 2021 | $92.8 | $102.7 | +11% |
| 2022 | $102.7 | $115.1 | +12% |
| 2023 | $115.1 | $115.9 | +0.7% |
| 2024 | $115.9 | $139.4 | +20% |
| 2025 | $139.4 | $168.1 | +21% |
| 2026 YTD | $168.1 | $175.9 | +4.6% |
ATO has the edge over OKLO on returns for 2026, with the stronger performance.
OKLO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.1 | $9.79 | -2.6% |
| 2022 | $9.79 | $9.88 | +0.9% |
| 2023 | $9.88 | $10.6 | +6.9% |
| 2024 | $10.6 | $22.8 | +116% |
| 2025 | $22.8 | $76.9 | +238% |
| 2026 YTD | $76.9 | $24.5 | -68% |
OKLO is down 68% so far in 2026, after finishing higher in four of the previous five years.