Atmos Energy (ATO) FY2024 results: revenue $4.2 billion, down 2.6% on the year
Atmos Energy Corp. (ATO) reported revenue of $4.2 billion for fiscal 2024, the year ended 30 September 2024, down 2.6% on the year before. Net income was $1.0 billion, up 17.7%, and diluted earnings per share $6.83. The figures are the company's own, from the 10-K it filed with the SEC on 18 November 2024.
Revenue
$4.2 billion
-2.6% on the year
FY2017FY2024
Operating margin
32.5%
25.0% a year earlier
FY2017FY2024
Net income
$1.0 billion
+17.7% on the year
FY2017FY2024
Diluted EPS
$6.83
+12.0% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
1,734
3,460
978
-49.9%
Capital expenditure
2,937
2,806
2,444
+4.7%
Free cash flow
-1,203
654
-1,467
Free cash flow margin
-28.9%
15.3%
-34.9%
Cash from investing
-2,923
-2,795
-2,430
Cash from financing
1,479
-697
1,387
Depreciation and amortisation
670
604
536
+10.9%
Share-based compensation
10.7
10.2
10.7
+5.2%
Dividends paid
493
430
376
+14.5%
Dividend per share
$3.22
$2.96
$2.72
+8.8%
Diluted shares, weighted
153m
145m
138m
+5.2%
Shares outstanding at period end
155m
148m
141m
+4.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
12,158
10,870
9,419
+11.8%
Debt
7,870
6,893
8,147
+14.2%
Operating lease liabilities
224
194
184
+15.5%
Finance lease liabilities
47.2
48.8
50.4
-3.2%
Other liabilities
4,895
4,511
4,392
+8.5%
Total liabilities and equity
25,194
22,517
22,193
+11.9%
Goodwill
731
731
731
0.0%
Intangible assets
82.8
92.2
0.0
-10.1%
Cash and equivalents
307
15.4
51.6
+1,895.2%
Receivables
366
329
364
+11.3%
Other assets
23,707
21,349
21,046
+11.0%
Total assets
25,194
22,517
22,193
+11.9%
10-K for the year ended 30 September 2024, filed 18 November 2024: the filing.