ADI vs. ATO
ADI (Analog Devices, Inc.) and ATO (Atmos Energy Corporation) are both stocks. ADI operates in Semiconductors (Technology), while ATO operates in Utilities - Regulated Gas (Utilities). Over the past 10 years, ADI returned 24.34%/yr vs 10.94%/yr for ATO. At a 0.18 correlation, their price movements are largely independent.
Performance
ADI vs. ATO - Performance Comparison
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Returns By Period
In the year-to-date period, ADI achieves a 54.96% return, which is significantly higher than ATO's 2.53% return. Over the past 10 years, ADI has outperformed ATO with an annualized return of 24.34%, while ATO has yielded a comparatively lower 10.94% annualized return.
ADI
- 1D
- 1.37%
- 1M
- 0.35%
- YTD
- 54.96%
- 6M
- 50.45%
- 1Y
- 88.15%
- 3Y*
- 31.61%
- 5Y*
- 22.09%
- 10Y*
- 24.34%
ATO
- 1D
- 1.03%
- 1M
- -3.15%
- YTD
- 2.53%
- 6M
- 2.08%
- 1Y
- 13.57%
- 3Y*
- 15.86%
- 5Y*
- 13.58%
- 10Y*
- 10.94%
ADI vs. ATO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ADI Analog Devices, Inc. | 54.96% | 29.75% | 8.82% | 23.36% | -4.91% | 20.96% | 26.87% | 41.31% | -1.64% | 25.30% |
ATO Atmos Energy Corporation | 2.53% | 23.07% | 23.35% | 6.17% | 9.63% | 12.75% | -12.73% | 23.14% | 10.39% | 18.41% |
Correlation
The correlation between ADI and ATO is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1987 | 0.18 |
The correlation between ADI and ATO shifts across timeframes, from 0.04 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ADI:
$204.91B
ATO:
$28.52B
ADI:
$6.72
ATO:
$8.23
ADI:
62.16
ATO:
20.66
ADI:
3.83
ATO:
2.03
ADI:
16.17
ATO:
5.70
ADI:
6.07
ATO:
0.99
ADI:
$12.74B
ATO:
$4.88B
ADI:
$8.22B
ATO:
$1.61B
ADI:
$6.19B
ATO:
$2.57B
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Return for Risk
ADI vs. ATO — Risk / Return Rank
ADI
ATO
ADI vs. ATO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Analog Devices, Inc. (ADI) and Atmos Energy Corporation (ATO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ADI | ATO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.78 | ||
| Sortino ratioReturn per unit of downside risk | +2.17 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.15 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 5.27 | 1.00 | +4.27 |
| Martin ratioReturn relative to average drawdown | 14.52 | 2.99 | +11.53 |
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Drawdowns
ADI vs. ATO - Drawdown Comparison
The maximum ADI drawdown since its inception was -82.88%, which is greater than ATO's maximum drawdown of -51.94%. Use the drawdown chart below to compare losses from any high point for ADI and ATO.
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Drawdown Indicators
| ADI | ATO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.88% | -51.94% | -30.94% |
Max Drawdown (1Y)Largest decline over 1 year | -15.73% | -12.58% | -3.15% |
Max Drawdown (3Y)Largest decline over 3 years | -32.20% | -16.87% | -15.33% |
Max Drawdown (5Y)Largest decline over 5 years | -32.20% | -19.08% | -13.12% |
Max Drawdown (10Y)Largest decline over 10 years | -33.62% | -32.91% | -0.71% |
Current DrawdownCurrent decline from peak | -4.54% | -11.11% | +6.57% |
Average DrawdownAverage peak-to-trough decline | -33.91% | -8.56% | -25.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.70% | 4.18% | +1.52% |
Volatility
ADI vs. ATO - Volatility Comparison
Analog Devices, Inc. (ADI) has a higher volatility of 14.81% compared to Atmos Energy Corporation (ATO) at 5.26%. This indicates that ADI's price experiences larger fluctuations and is considered to be riskier than ATO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ADI | ATO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.81% | 5.26% | +9.55% |
Volatility (6M)Calculated over the trailing 6-month period | 25.30% | 11.25% | +14.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.01% | 15.54% | +16.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.13% | 18.59% | +14.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.78% | 21.24% | +11.54% |
Dividends
ADI vs. ATO - Dividend Comparison
ADI's dividend yield for the trailing twelve months is around 1.00%, less than ATO's 2.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADI Analog Devices, Inc. | 1.00% | 1.46% | 1.73% | 1.73% | 1.85% | 1.57% | 1.68% | 1.82% | 2.24% | 2.02% | 2.31% | 2.89% |
ATO Atmos Energy Corporation | 2.28% | 2.15% | 2.36% | 2.61% | 2.48% | 2.44% | 2.46% | 1.92% | 2.14% | 2.14% | 2.31% | 2.52% |
Financials
ADI vs. ATO - Financials Comparison
This section allows you to compare key financial metrics between Analog Devices, Inc. and Atmos Energy Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ADI vs. ATO - Profitability Comparison
ADI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Analog Devices, Inc. reported a gross profit of 2.44B and revenue of 3.62B. Therefore, the gross margin over that period was 67.3%.
ATO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Atmos Energy Corporation reported a gross profit of 0.00 and revenue of 1.96B. Therefore, the gross margin over that period was 0.0%.
ADI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Analog Devices, Inc. reported an operating income of 1.38B and revenue of 3.62B, resulting in an operating margin of 38.1%.
ATO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Atmos Energy Corporation reported an operating income of 764.80M and revenue of 1.96B, resulting in an operating margin of 39.0%.
ADI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Analog Devices, Inc. reported a net income of 1.18B and revenue of 3.62B, resulting in a net margin of 32.5%.
ATO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Atmos Energy Corporation reported a net income of 581.90M and revenue of 1.96B, resulting in a net margin of 29.7%.
Frequently Asked Questions
ADI and ATO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ADI has higher volatility (14.81%) compared to ATO (5.26%). In terms of maximum drawdown, ADI dropped -82.88% vs ATO's -51.94%.
ADI currently has the higher Sharpe Ratio (2.59 vs 0.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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