ATO vs CQP
Atmos Energy Corp. and Cheniere Energy Partners, L.p., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ATO | CQP |
|---|---|---|
| Revenue | $4.7B | $10.8B |
| Net income | $1.2B | $3.0B |
| Gross margin | · | 52.2% |
| Net margin | 25.5% | 27.8% |
| Return on equity | 9.3% | · |
| Diluted EPS | $7.46 | · |
| Dividend / share | $3.48 | · |
| Payout ratio | 46.2% | · |
| Free cash flow | $-1.5B | $2.6B |
| Equity | $13.6B | · |
| Net debt / equity | 0.64× | · |
| Current ratio | 0.77× | 0.78× |
| Revenue CAGR 5y | 10.8% | 11.8% |
| Profit CAGR 5y | 14.8% | 20.4% |
CQP bills 2.3× the revenue of ATO, and keeps more of each dollar of revenue as profit (27.8% against 25.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | ATO | CQP |
|---|---|---|
| FY2025 | $4.7B | $10.8B |
| FY2024 | $4.2B | $8.7B |
| FY2023 | $4.3B | $9.7B |
| FY2022 | $4.2B | $17.2B |
| FY2021 | $3.4B | $9.4B |
| FY2020 | $2.8B | $6.2B |
| FY2019 | $2.9B | $6.8B |
| FY2018 | $3.1B | $6.4B |
| FY2017 | $2.8B | $4.3B |
| FY2016 | $2.5B | $1.1B |
Bottom line
| Fiscal year | ATO | CQP |
|---|---|---|
| FY2025 | $1.2B | $3.0B |
| FY2024 | $1.0B | $2.5B |
| FY2023 | $885.9M | $4.3B |
| FY2022 | $774.4M | $2.5B |
| FY2021 | $665.6M | $1.6B |
| FY2020 | $601.4M | $1.2B |
| FY2019 | $511.4M | $1.2B |
| FY2018 | $603.1M | $1.3B |
| FY2017 | $396.4M | $490.0M |
| FY2016 | $350.1M | $-171.0M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$6,055,245,000 | CQP |
| FY2024 | −$4,538,813,000 | CQP |
| FY2023 | −$5,388,643,000 | CQP |
| FY2022 | −$13,004,338,000 | CQP |
| FY2021 | −$6,027,510,000 | CQP |
| FY2020 | −$3,345,863,000 | CQP |
| FY2019 | −$3,936,152,000 | CQP |
| FY2018 | −$3,311,454,000 | CQP |
| FY2017 | −$1,544,265,000 | CQP |
| FY2016 | +$1,354,648,000 | ATO |
| FY2015 | +$2,656,985,000 | ATO |
| FY2014 | +$4,672,218,000 | ATO |
| FY2013 | +$3,607,269,000 | ATO |
| FY2012 | +$3,171,664,000 | ATO |
| FY2011 | +$4,002,547,000 | ATO |
| FY2010 | +$4,261,778,000 | ATO |
| FY2009 | +$4,452,321,000 | ATO |
The higher-revenue side has changed between ATO and CQP over this period. The gap has widened since the earliest year compared.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −2.3 pp | CQP |
| FY2024 | −3.8 pp | CQP |
| FY2023 | −23.3 pp | CQP |
| FY2022 | +3.9 pp | ATO |
| FY2021 | +2.3 pp | ATO |
| FY2020 | +2.1 pp | ATO |
| FY2019 | +0.4 pp | ATO |
| FY2018 | −0.5 pp | CQP |
| FY2017 | +3.0 pp | ATO |
| FY2016 | +29.8 pp | ATO |
| FY2015 | +128.9 pp | ATO |
| FY2014 | +158.5 pp | ATO |
| FY2013 | +102.5 pp | ATO |
| FY2012 | +72.6 pp | ATO |
| FY2011 | +23.7 pp | ATO |
| FY2010 | −22.5 pp | CQP |
| FY2009 | −40.9 pp | CQP |
The higher net margin has changed hands between ATO and CQP over this period.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CQP's net margin has been more volatile than ATO's over the 17 comparable fiscal years — 58.0 percentage points of standard deviation against 7.3.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between ATO and CQP over these 17 fiscal years — ATO led in 11 and CQP in 6.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.