ATMOS ENERGY CORP

10-K & 10-Q Filings

Atmos Energy Corporation is the largest natural-gas-only distributor in the United States, serving over 3.3 million customers in eight states. Its business strategy focuses on modernizing its business and infrastructure while reducing regulatory lag. The company operates through two reportable segments: distribution and pipeline and storage. The distribution segment primarily consists of regulated natural gas distribution and related sales operations, while the pipeline and storage segment includes pipeline and storage operations. Atmos Energy's vision is to be the safest provider of natural gas services, recognized for exceptional customer service, being a great employer, and achieving superior financial results. The company's website is [www.atmosenergy.com], and its ticker symbol is ATO on the NYSE.

12 mos ending Sep 30, 201212 mos ending Sep 30, 201312 mos ending Sep 30, 201412 mos ending Sep 30, 201512 mos ending Sep 30, 201612 mos ending Sep 30, 201712 mos ending Sep 30, 201812 mos ending Sep 30, 201912 mos ending Sep 30, 202012 mos ending Sep 30, 202112 mos ending Sep 30, 202212 mos ending Sep 30, 20233 mos ending Dec 31, 20223 mos ending Dec 31, 2023CAGR %YoY %Revenue (+)
$3438.48
3886.26
4940.92
4142.14
3349.95
2759.74
3115.55
2901.85
2821.14
3407.49
4201.66
4275.36
1484.01
1158.47
2.00%-21.94%Cost of Revenue (-)
$2114.74
2474.21
3358.49
2462.12
1605.05
925.54
1167.85
858.84
658.85
1032.72
1682.66
1452.17
738.25
338.87
-3.36%-54.10%Gross Profit (+)
$1323.74
1412.05
1582.43
1680.02
1744.90
1834.20
1947.70
2043.01
2162.28
2374.77
2519.01
2823.18
745.76
819.60
7.13%9.90%Selling, General & Administrative (-)
$634.69
675.09
717.09
773.83
783.78
787.21
863.48
905.50
908.36
991.80
1062.37
1151.71
278.55
255.88
5.57%-8.14%Depreciation & Amortization (-)
$237.53
235.08
253.99
274.80
293.10
319.45
361.08
391.46
429.83
477.98
535.65
604.33
146.02
164.61
8.86%12.73%Non-recurring Operating Expenses (-)
$5.29
Operating Expenses (-)
$877.50
910.17
971.08
1048.62
1076.88
1106.65
1224.56
1296.95
1338.18
1469.78
1598.02
1756.04
424.57
420.49
6.51%-0.96%Costs & Expenses (Total) (-)
$2992.24
3384.38
4329.57
3510.74
2681.93
2032.19
2392.41
2155.79
1997.04
2502.49
3280.68
3208.21
1162.82
759.36
0.64%-34.70%Operating Income/Loss (+)
$446.24
501.88
611.35
631.39
668.02
727.55
723.13
746.06
824.10
905.00
920.98
1067.15
321.19
399.11
8.25%24.26%Non-operating Income/Expense (+)
$-14.64
-0.20
-5.24
-4.39
-1.59
-3.27
-5.34
7.40
7.17
-2.15
33.74
69.78
21.19
17.89
-15.60%Interest Expense (-)
$141.17
128.38
129.29
116.24
115.95
120.18
106.65
103.15
84.47
83.55
102.81
137.28
36.76
51.88
-0.25%41.12%Earnings before Tax (+)
$290.42
373.30
476.82
510.76
550.48
604.09
611.14
650.31
746.80
819.30
851.91
999.64
305.62
365.12
11.89%19.47%Tax Expense (-)
$98.23
142.60
187.00
195.69
200.37
221.38
8.08
138.90
145.35
153.74
77.51
113.78
33.76
53.82
1.35%59.45%Income/Loss (Continuing Operations) (+)
$192.20
230.70
289.82
315.07
350.10
382.71
603.06
511.41
601.44
665.56
774.40
885.86
271.86
311.29
14.90%14.50%Income/Loss (Discontinued Operations) (+)
$24.52
12.50
2.72
Net Income/Loss (+)
$216.72
243.19
289.82
315.07
350.10
396.42
603.06
511.41
601.44
665.56
774.40
885.86
271.86
311.29
13.65%14.50%Net Income/Loss (Common) (+)
$216.72
243.19
289.82
315.07
350.10
396.42
603.06
511.41
601.44
665.56
774.40
885.86
271.86
311.29
13.65%14.50%EPS (Basic)
$2.39
2.68
2.96
3.09
3.38
3.73
5.43
4.36
4.89
5.12
5.61
6.10
1.92
2.08
8.89%8.33%EPS (Diluted)
$2.37
2.64
2.96
3.09
3.38
4.35
4.89
5.12
5.60
6.10
1.91
2.08
8.97%8.90%Weighted Avg Shares (Basic)
90.15
90.53
97.61
101.89
103.52
106.10
111.01
117.20
122.79
129.78
137.83
145.12
141.82
149.80
4.42%5.62%Weighted Avg Shares (Diluted)
91.17
91.71
97.61
101.89
103.52
106.10
111.01
117.46
122.87
129.83
138.10
145.17
141.94
149.80
4.32%5.54%Cash
$
28.65
47.53
26.41
13.77
24.55
20.81
116.72
51.55
19.25
171.60
285.44
66.35%Receivables
$
295.16
300.01
222.26
253.29
230.57
230.59
342.97
363.71
328.65
826.42
646.40
-21.78%Other Assets (Current)
$827.96
683.27
775.84
307.17
334.15
290.97
211.79
202.91
219.85
2379.03
2632.43
537.87
2629.75
747.87
-3.85%-71.56%Assets (Current)
$827.96
683.27
775.84
630.99
681.69
539.65
478.85
458.03
471.26
2838.72
3047.69
885.77
3627.76
1679.72
0.62%-53.70%Property, Plant & Equipment (Net)
$5475.60
6030.65
6725.91
Accumulated Depreciation
$1658.87
1691.36
1721.79
Goodwill & Intangibles
$
742.03
742.70
743.41
730.13
730.42
730.71
731.26
731.26
731.26
823.46
731.26
821.29
12.31%Other Assets
$1192.11
1226.48
350.93
7719.26
8585.80
9479.82
10665.17
12178.88
14156.52
16038.69
18414.04
20807.74
19007.14
21183.23
29.69%11.45%Assets (Non-current)
$6667.71
7257.14
7818.86
8461.96
9329.20
10209.95
11395.58
12909.59
14887.77
16769.95
19145.30
21631.20
19738.40
22004.53
11.29%11.48%Assets (Total)
$7495.68
7940.40
8594.70
9092.94
10010.89
10749.60
11874.44
13367.62
15359.03
19608.66
22192.99
22516.97
23366.16
23684.24
10.52%1.36%Liabilities (Current)
$1275.95
978.49
910.65
1154.82
1788.28
1013.44
1915.13
1209.44
782.40
3510.36
3602.60
1352.59
3531.89
1170.48
0.53%-66.86%Other Liabilities
$3860.48
4381.51
4597.82
4743.32
4759.55
5837.49
5189.35
6407.96
7785.43
8191.42
9171.30
10294.31
9997.99
11240.55
9.33%12.43%Liabilities (Non-current)
$3860.48
4381.51
4597.82
4743.32
4759.55
5837.49
5189.35
6407.96
7785.43
8191.42
9171.30
10294.31
9997.99
11240.55
9.33%12.43%Liabilities (Total)
$5136.43
5359.99
5508.47
5898.15
6547.83
6850.93
7104.49
7617.40
8567.83
11701.77
12773.90
11646.90
13529.89
12411.03
7.73%-8.27%Retained Earnings
$660.93
775.27
917.97
1073.03
1262.53
1467.02
1878.12
2152.01
2471.01
2812.67
3211.16
3666.67
3378.47
3858.07
16.85%14.20%AOCI
$-47.61
38.88
-12.39
-109.33
-188.02
-105.25
-83.65
-114.58
-57.59
69.80
369.11
518.53
391.33
468.59
19.74%Shareholder's Equity
$2359.24
2580.41
3086.23
3194.80
3463.06
3898.67
4769.95
5750.22
6791.20
7906.89
9419.09
10870.06
9836.27
11273.21
14.90%14.61%Liabilities & Equity
$7495.68
7940.40
8594.70
9092.94
10010.89
10749.60
11874.44
13367.62
15359.03
19608.66
22192.99
22516.97
23366.16
23684.24
10.52%1.36%Net Income/Loss
$216.72
243.19
289.82
315.07
350.10
396.42
603.06
511.41
601.44
665.56
774.40
885.86
271.86
311.29
13.65%14.50%Depreciation & Amortization
$254.72
246.09
264.37
281.93
298.76
326.10
368.95
400.92
441.37
492.01
544.80
607.97
146.02
164.61
8.23%12.73%Increase/Decrease in Working Capital
$2.99
24.21
29.25
-19.99
63.21
73.27
-134.86
76.69
133.68
2379.41
363.76
-1912.13
241.17
257.89
6.93%Share-based Compensation
$19.22
17.81
25.53
27.49
14.76
14.06
12.86
11.12
9.58
11.26
10.74
10.18
-5.62%Adjustments to Reconcile Net Income
$370.20
369.93
450.17
521.44
444.89
470.67
521.60
457.36
436.56
-1749.81
203.19
2573.88
-82.96
-66.01
19.28%20.43%Net Cash (Operating)
$586.92
613.13
739.99
836.52
794.99
867.09
1124.66
968.77
1038.00
-1084.25
977.58
3459.74
188.90
245.28
17.50%29.85%Capital Expenditure
$604.63
692.01
835.25
975.13
1086.95
1082.96
1467.59
1693.48
1935.68
1969.54
2444.42
2805.97
795.66
769.65
14.97%-3.27%Net Cash (Investing)
$-609.26
-696.91
-837.58
-974.75
-1079.73
-1056.31
-1463.57
-1683.66
-1925.52
-1963.65
-2429.96
-2795.28
-792.51
-764.38
3.55%Increase/Decrease in Debt
$97.11
285.59
-165.87
248.32
371.88
252.84
128.03
359.36
534.54
2797.35
783.77
-1345.78
612.29
656.34
7.19%Increase/Decrease in Equity
$1.61
0.05
394.48
22.97
132.85
125.28
414.65
702.17
636.11
608.22
784.01
814.48
215.91
248.85
76.17%15.25%Interest Expenses
$
148.46
156.61
151.33
154.75
156.67
169.99
Dividends Paid
$125.80
128.12
146.25
160.02
175.13
191.93
214.91
245.72
282.44
323.90
375.91
430.35
104.55
119.90
11.83%14.68%Net Cash (Financing)
$-44.84
85.75
73.65
124.63
303.62
168.09
326.27
725.67
883.78
3143.82
1387.20
-696.77
723.65
785.29
8.52%Cash Taxes Paid
$
10.01
-0.61
1.80
7.79
5.26
-6.10
Increase/Decrease in Cash
$-67.18
1.96
-23.94
-13.61
18.88
-21.13
-12.64
10.78
-3.74
95.92
-65.17
-32.31
120.04
266.20
121.75%Cash (Beginning)
$131.42
64.24
66.20
42.26
28.65
47.53
26.41
13.77
24.55
20.81
116.72
51.55
51.55
19.25
-8.16%-62.66%Cash (Ending)
$64.24
66.20
42.26
28.65
47.53
26.41
13.77
24.55
20.81
116.72
51.55
19.25
171.60
285.44
-10.38%66.35%NOPAT
$295.31
488.42
371.59
629.17
658.56
721.21
713.57
586.70
663.70
735.18
837.19
945.68
285.71
340.27
11.16%19.10%Gross Margin %
38.50%
36.33%
32.03%
40.56%
52.09%
66.46%
62.52%
70.40%
76.65%
69.69%
59.95%
66.03%
50.25%
70.75%
Operating Margin %
12.98%
12.91%
12.37%
15.24%
19.94%
26.36%
23.21%
25.71%
29.21%
26.56%
21.92%
24.96%
21.64%
34.45%
NOPAT Margin %
8.59%
12.57%
7.52%
15.19%
19.66%
26.13%
22.90%
20.22%
23.53%
21.58%
19.93%
22.12%
19.25%
29.37%
Net Margin %
6.30%
6.26%
5.87%
7.61%
10.45%
14.36%
19.36%
17.62%
21.32%
19.53%
18.43%
20.72%
18.32%
26.87%
Tax Rate %
33.82%
2.68%
39.22%
0.35%
1.42%
0.87%
1.32%
21.36%
19.46%
18.76%
9.10%
11.38%
11.05%
14.74%
ROA
3.94%
6.15%
4.32%
6.92%
6.58%
6.71%
6.01%
4.39%
4.32%
3.75%
3.77%
4.20%
1.22%
1.44%
ROE
12.52%
18.93%
12.04%
19.69%
19.02%
18.50%
14.96%
10.20%
9.77%
9.30%
8.89%
8.70%
2.90%
3.02%
ROIC
5.39%
8.10%
4.98%
84.71%
88.59%
98.78%
97.69%
80.29%
90.76%
100.54%
114.49%
114.84%
39.07%
41.43%
Asset Turnover
0.46
0.49
0.57
0.46
0.33
0.26
0.26
0.22
0.18
0.17
0.19
0.19
0.06
0.05
Equity Multiplier
3.18
3.08
2.78
2.85
2.89
2.76
2.49
2.32
2.26
2.48
2.36
2.07
2.38
2.10
Interest Coverage Ratio
3.38
3.90
4.17
4.32
4.64
4.25
Dividend Payout Ratio %
42.60%
26.23%
39.36%
25.43%
26.59%
26.61%
30.12%
41.88%
42.56%
44.06%
44.90%
45.51%
36.59%
35.24%
Total Payout
$27.08
-9.06
74.24
40.07
-174.86
-29.52
-157.80
-815.81
-888.20
-3081.66
-1191.87
961.64
-723.65
-785.29
38.34%-8.52%Payout Ratio %
9.17%
-1.86%
19.98%
6.37%
-26.55%
-4.09%
-22.11%
-139.05%
-133.83%
-419.17%
-142.37%
101.69%
-253.28%
-230.78%