Atmos Energy (ATO) FY2018 results: revenue $3.1 billion, up 12.9% on the year
Atmos Energy Corp. (ATO) reported revenue of $3.1 billion for fiscal 2018, the year ended 30 September 2018, up 12.9% on the year before. Net income was $603 million, up 52.1%, and diluted earnings per share $5.43. The figures are the company's own, from the 10-K it filed with the SEC on 13 November 2018.
Revenue
$3.1 billion
+12.9% on the year
FY2011FY2018
Operating margin
23.4%
26.7% a year earlier
FY2011FY2018
Net income
$603 million
+52.1% on the year
FY2011FY2018
Diluted EPS
$5.43
+45.6% on the year
FY2011FY2018
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Revenue
3,116
2,760
2,455
+12.9%
Cost of revenue
1,168
n/a
n/a
Gross profit
1,948
n/a
1,708
Gross margin
62.5%
n/a
69.6%
Operating income
728
736
657
-1.0%
Operating margin
23.4%
26.7%
26.8%
Interest expense
107
120
115
-11.3%
Pre-tax income
611
604
542
+1.2%
Income tax
8.1
221
197
-96.4%
Effective tax rate
1.3%
36.6%
36.3%
Net income
603
396
350
+52.1%
Net margin
19.4%
14.4%
14.3%
Diluted EPS
$5.43
$3.73
$3.38
+45.6%
$ 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
FY2018
FY2017
FY2016
On the year
Last 8 years
Operating cash flow
1,125
867
795
+29.7%
Capital expenditure
1,468
1,137
1,087
+29.1%
Free cash flow
-343
-270
-292
Free cash flow margin
-11.0%
-9.8%
-11.9%
Cash from investing
-1,464
-1,056
-1,080
Cash from financing
326
168
304
+94.1%
Depreciation and amortisation
361
320
293
+13.0%
Share-based compensation
12.9
14.1
14.8
-8.5%
Dividends paid
215
192
175
+12.0%
Dividend per share
$1.94
$1.80
$1.68
+7.8%
Diluted shares, weighted
111m
106m
104m
+4.6%
Shares outstanding at period end
111m
106m
104m
+4.9%
Balance sheet
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Shareholders' equity
4,770
3,899
3,463
+22.3%
Debt
3,644
3,515
3,269
+3.7%
Other liabilities
3,460
3,336
3,279
+3.7%
Total liabilities and equity
11,874
10,750
10,011
+10.5%
Goodwill
730
730
727
+0.0%
Cash and equivalents
13.8
26.4
47.5
-47.9%
Receivables
253
222
216
+14.0%
Other assets
10,877
9,771
9,021
+11.3%
Total assets
11,874
10,750
10,011
+10.5%
10-K for the year ended 30 September 2018, filed 13 November 2018: the filing.