Atmos Energy (ATO) FY2013 results: revenue $3.9 billion, up 12.7% on the year
Atmos Energy Corp. (ATO) reported revenue of $3.9 billion for fiscal 2013, the year ended 30 September 2013, up 12.7% on the year before. Net income was $243 million, up 12.2%, and diluted earnings per share $2.64. The figures are the company's own, from the 10-K it filed with the SEC on 13 November 2013.
Revenue
$3.9 billion
+12.7% on the year
FY2009FY2013
Operating margin
13.0%
13.0% a year earlier
FY2009FY2013
Net income
$243 million
+12.2% on the year
FY2009FY2013
Diluted EPS
$2.64
+11.4% on the year
FY2009FY2013
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Revenue
3,875
3,438
4,286
+12.7%
Gross profit
1,412
1,324
1,301
+6.7%
Gross margin
36.4%
38.5%
30.3%
Operating income
502
446
426
+12.5%
Operating margin
13.0%
13.0%
9.9%
Interest expense
128
141
151
-9.1%
Pre-tax income
373
290
296
+28.5%
Income tax
143
98.2
107
+45.2%
Effective tax rate
38.2%
33.8%
36.0%
Net income
243
217
208
+12.2%
Net margin
6.3%
6.3%
4.8%
Diluted EPS
$2.64
$2.37
$2.27
+11.4%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Operating cash flow
613
587
583
+4.5%
Capital expenditure
845
733
623
+15.3%
Free cash flow
-232
-146
-40.1
Free cash flow margin
-6.0%
-4.2%
-0.9%
Cash from investing
-697
-609
-627
Cash from financing
85.7
-44.8
44.0
Depreciation and amortisation
235
238
224
-1.0%
Share-based compensation
17.8
19.2
11.6
-7.3%
Dividends paid
128
126
124
+1.8%
Dividend per share
$1.40
$1.38
$1.36
+1.4%
Diluted shares, weighted
92m
91m
91m
+0.6%
Shares outstanding at period end
91m
n/a
n/a
Balance sheet
$ million
FY2013
FY2012
FY2011
On the year
Last 8 years
Shareholders' equity
2,580
2,359
2,255
+9.4%
Debt
2,824
2,527
2,415
+11.7%
Other liabilities
2,536
2,609
2,613
-2.8%
Total liabilities and equity
7,940
7,496
7,283
+5.9%
Fixed assets
6,031
5,476
5,148
+10.1%
Goodwill
741
741
740
+0.1%
Intangible assets
0.1
0.2
0.2
-26.2%
Securities held for sale or to maturity
n/a
22.6
n/a
Cash and equivalents
66.2
64.2
131
+3.1%
Receivables
302
235
273
+28.8%
Other assets
800
958
990
-16.5%
Total assets
7,940
7,496
7,283
+5.9%
10-K for the year ended 30 September 2013, filed 13 November 2013: the filing.