ATMOS ENERGY CORP ATO
Atmos Energy Corporation, a natural gas-only distributor, is an S&P 500 company headquartered in Dallas and incorporated in Texas and Virginia. We safely deliver reliable, efficient, and abundant natural gas through regulated sales and transportation arrangements to approximately 3.4 million residential, commercial, public authority, and industrial customers in eight states located primarily in the South. We also operate one of the largest intrastate pipelines in Texas based on miles of pipe.
Atmos Energy's vision is to be the safest provider of natural gas services. We will be recognized for exceptional customer service, for being a great employer, and for achieving superior financial results.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.70B | $4.17B | $4.28B | $4.20B | $3.41B | $2.82B | $2.90B | $3.12B | $2.76B | $2.45B |
| Cost of revenue | — | — | $1.45B | $1.68B | $1.03B | $658.9M | $858.8M | $1.17B | — | — |
| Gross profit | — | — | $2.82B | $2.52B | $2.37B | $2.16B | $2.04B | $1.95B | — | $1.71B |
| Total operating expenses | — | — | — | — | — | — | — | — | — | $1.05B |
| Operating income | $1.56B | $1.36B | $1.07B | $921.0M | $905.0M | $824.1M | $746.1M | $727.9M | $735.6M | $657.2M |
| Interest expense | $171.7M | $190.6M | $137.3M | $102.8M | $83.6M | $84.5M | $103.2M | $106.6M | $120.2M | $114.8M |
| Pre-tax income | $1.48B | $1.24B | $999.6M | $851.9M | $819.3M | $746.8M | $650.3M | $611.1M | $604.1M | $542.2M |
| Income tax | $279.3M | $192.9M | $113.8M | $77.5M | $153.7M | $145.4M | $138.9M | $8.1M | $221.4M | $196.6M |
| Net income | $1.20B | $1.04B | $885.9M | $774.4M | $665.6M | $601.4M | $511.4M | $603.1M | $396.4M | $350.1M |
| EPS, basic | 7.54 | 6.83 | 6.10 | 5.61 | 5.12 | 4.89 | 4.36 | 5.43 | 3.73 | 3.38 |
| EPS, diluted | 7.46 | 6.83 | 6.10 | 5.60 | 5.12 | 4.89 | 4.35 | 5.43 | 3.73 | 3.38 |
| Shares, diluted (wtd. avg.) | $160.6M | $152.7M | $145.2M | $138.1M | $129.8M | $122.9M | $117.5M | $111.0M | $106.1M | $103.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $202.7M | $307.3M | $19.2M | $51.6M | $116.7M | $20.8M | $24.6M | $13.8M | $26.4M | $47.5M |
| Receivables | $375.5M | $365.9M | $328.7M | $363.7M | $343.0M | $230.6M | $230.6M | $253.3M | $222.3M | $215.9M |
| Total current assets | $1.05B | $1.13B | $885.8M | $3.05B | $2.84B | $471.3M | $458.0M | $478.9M | $539.6M | $681.7M |
| Goodwill | $731.3M | $731.3M | $731.3M | $731.3M | $731.3M | $731.3M | $730.7M | $730.4M | $730.1M | $727.0M |
| Other intangibles | $75.1M | $82.8M | $92.2M | $0 | — | — | — | — | — | — |
| Total assets | $28.25B | $25.19B | $22.52B | $22.19B | $19.61B | $15.36B | $13.37B | $11.87B | $10.75B | $10.01B |
| Accounts payable | $506.5M | $445.4M | $336.1M | $496.0M | $423.2M | $235.8M | $265.0M | $217.3M | $233.1M | $196.5M |
| Short-term debt | — | $0 | $241.9M | $185.0M | $0 | $0 | $464.9M | $575.0M | $0 | $250.0M |
| Total current liabilities | $1.36B | $1.21B | $1.35B | $3.60B | $3.51B | $782.4M | $1.21B | $1.92B | $1.01B | $1.79B |
| Long-term debt | — | — | — | — | — | — | $3.53B | $2.49B | $3.07B | $2.19B |
| Retained earnings | $4.86B | $4.22B | $3.67B | $3.21B | $2.81B | $2.47B | $2.15B | $1.88B | $1.47B | $1.26B |
| Total equity | $13.56B | $12.16B | $10.87B | $9.42B | $7.91B | $6.79B | $5.75B | $4.77B | $3.90B | $3.46B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.05B | $1.73B | $3.46B | $977.6M | -$1.08B | $1.04B | $968.8M | $1.12B | $867.1M | $795.0M |
| Depreciation and amortisation | $734.7M | $670.0M | $604.3M | $535.7M | $478.0M | $429.8M | $391.5M | $361.1M | $319.6M | $293.1M |
| Stock-based compensation | $12.7M | $10.7M | $10.2M | $10.7M | $11.3M | $9.6M | $11.1M | $12.9M | $14.1M | $14.8M |
| Capital expenditure | $3.56B | $2.94B | $2.81B | $2.44B | $1.97B | $1.94B | $1.69B | $1.47B | $1.14B | $1.09B |
| Investing cash flow | -$3.56B | -$2.92B | -$2.80B | -$2.43B | -$1.96B | -$1.93B | -$1.68B | -$1.46B | -$1.06B | -$1.08B |
| Financing cash flow | $1.41B | $1.48B | -$696.8M | $1.39B | $3.14B | $883.8M | $725.7M | $326.3M | $168.1M | $303.6M |
| Dividends paid | $553.8M | $492.9M | $430.3M | $375.9M | $323.9M | $282.4M | $245.7M | $214.9M | $191.9M | $175.1M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000731802-25-000056.
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