Utilities
Price
$176.87
+2.22%Market Cap
$29.52B
Day High
$176.88
Day Low
$173.06
ATO delivered strong Q2 FY2026 results with net income rising 19.8% YoY to $581.9M and operating margin expanding ~670 basis points to 39.0%, driven by disciplined cost management even as revenue grew only modestly by 0.6%.
Key risk: Declining Cash Position and Liquidity Pressure
Cash and equivalents fell sharply by 76.9% YoY to just $125.7M, while the current ratio stands at a thin 1.003x. This near-parity between current assets ($1.26B) and current liabilities ($1.26B) leaves limited liquidity buffer for unexpected near-term obligations.