Atmos Energy (ATO) FY2023 results: revenue $4.3 billion, up 1.8% on the year
Atmos Energy Corp. (ATO) reported revenue of $4.3 billion for fiscal 2023, the year ended 30 September 2023, up 1.8% on the year before. Net income was $886 million, up 14.4%, and diluted earnings per share $6.10. The figures are the company's own, from the 10-K it filed with the SEC on 14 November 2023.
Revenue
$4.3 billion
+1.8% on the year
FY2016FY2023
Operating margin
25.0%
21.9% a year earlier
FY2016FY2023
Net income
$886 million
+14.4% on the year
FY2016FY2023
Diluted EPS
$6.10
+8.9% on the year
FY2016FY2023
this yearthe year beforeHover a bar for its figure.
$ 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
FY2023
FY2022
FY2021
On the year
Last 8 years
Operating cash flow
3,460
978
-1,084
+253.9%
Capital expenditure
2,806
2,444
1,970
+14.8%
Free cash flow
654
-1,467
-3,054
Free cash flow margin
15.3%
-34.9%
-89.6%
Cash from investing
-2,795
-2,430
-1,964
Cash from financing
-697
1,387
3,144
Depreciation and amortisation
604
536
478
+12.8%
Share-based compensation
10.2
10.7
11.3
-5.3%
Dividends paid
430
376
324
+14.5%
Dividend per share
$2.96
$2.72
$2.50
+8.8%
Diluted shares, weighted
145m
138m
130m
+5.1%
Shares outstanding at period end
148m
141m
132m
+5.4%
Balance sheet
$ million
FY2023
FY2022
FY2021
On the year
Last 8 years
Shareholders' equity
10,870
9,419
7,907
+15.4%
Debt
6,893
8,147
7,331
-15.4%
Operating lease liabilities
194
184
195
+5.5%
Finance lease liabilities
48.8
50.4
18.3
-3.1%
Other liabilities
4,511
4,392
4,158
+2.7%
Total liabilities and equity
22,517
22,193
19,609
+1.5%
Goodwill
731
731
731
0.0%
Intangible assets
92.2
0.0
n/a
Cash and equivalents
15.4
51.6
117
-70.1%
Receivables
329
364
343
-9.6%
Other assets
21,349
21,046
18,418
+1.4%
Total assets
22,517
22,193
19,609
+1.5%
10-K for the year ended 30 September 2023, filed 14 November 2023: the filing.