Atmos Energy (ATO) FY2015 results: revenue $2.9 billion, down 9.8% on the year
Atmos Energy Corp. (ATO) reported revenue of $2.9 billion for fiscal 2015, the year ended 30 September 2015, down 9.8% on the year before. Net income was $315 million, up 8.7%, and diluted earnings per share $3.09. The figures are the company's own, from the 10-K it filed with the SEC on 6 November 2015.
Revenue
$2.9 billion
-9.8% on the year
FY2009FY2015
Operating margin
20.9%
17.8% a year earlier
FY2009FY2015
Net income
$315 million
+8.7% on the year
FY2009FY2015
Diluted EPS
$3.09
+4.4% on the year
FY2009FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
2,927
3,244
3,875
-9.8%
Gross profit
1,631
1,522
1,412
+7.2%
Gross margin
55.7%
46.9%
36.4%
Operating income
612
577
502
+6.1%
Operating margin
20.9%
17.8%
13.0%
Interest expense
116
129
128
-10.1%
Pre-tax income
495
445
373
+11.3%
Income tax
190
175
143
+8.6%
Effective tax rate
38.3%
39.2%
38.2%
Net income
315
290
243
+8.7%
Net margin
10.8%
8.9%
6.3%
Diluted EPS
$3.09
$2.96
$2.64
+4.4%
$ 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
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
812
733
613
+10.8%
Capital expenditure
964
824
845
+16.9%
Free cash flow
-152
-91.6
-232
Free cash flow margin
-5.2%
-2.8%
-6.0%
Cash from investing
-957
-825
-697
Cash from financing
131
68.2
85.7
+92.1%
Depreciation and amortisation
275
254
235
+8.2%
Share-based compensation
16.0
14.7
17.8
+8.6%
Dividends paid
160
146
128
+9.4%
Dividend per share
$1.56
$1.48
$1.40
+5.4%
Diluted shares, weighted
102m
98m
92m
+4.4%
Shares outstanding at period end
101m
100m
91m
+1.1%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
3,195
3,086
2,580
+3.5%
Debt
2,895
2,653
2,824
+9.2%
Other liabilities
3,003
2,856
2,536
+5.1%
Total liabilities and equity
9,093
8,595
7,940
+5.8%
Fixed assets
n/a
6,726
6,031
Goodwill
726
742
741
-2.1%
Intangible assets
n/a
n/a
0.1
Cash and equivalents
28.7
42.3
66.2
-32.2%
Receivables
213
343
302
-37.9%
Other assets
8,125
741
800
+996.3%
Total assets
9,093
8,595
7,940
+5.8%
10-K for the year ended 30 September 2015, filed 6 November 2015: the filing.