Cash flow Atmos Energy Corporation

Equities

ATO

US0495601058

Natural Gas Utilities

Market Closed - Nyse Other stock markets 04:00:02 2025-07-08 pm EDT			5-day change	1st Jan Change
151.99 ^USD	-0.52%		-1.08%	+9.13%

Jun. 26	Atmos Energy Prices $500 Million Senior Notes Offering	MT
Jun. 26	Atmos Energy Corporation, Q2 2025 Earnings Call, May 08, 2025

7deda330b27746943400.0565NX4oiRnRZr6Ko_c39aNSatok8_5nQc_WeWEit3s.sczwTUZ3wFS2II2909p2peImPZURtp0tcLrgFAVKjji2x-tUSFzgdJ8C5w

Published financial data: ATMOS ENERGY CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2020	2021	2022	2023	2024
Revenues - (Utility Template)	2.82B	3.41B	4.2B	4.28B	4.17B
Total Revenues	2.82B	3.41B	4.2B	4.28B	4.17B
Fuel & Purchased Power	659M	1.03B	1.68B	1.45B	934M
Operations And Maintenance	630M	679M	710M	765M	819M
Depreciation & Amortization - (IS) - (Collected)	430M	478M	536M	604M	670M
Other Operating Expenses	282M	332M	344M	378M	398M
Total Operating Expenses	2B	2.52B	3.27B	3.2B	2.82B
Operating Income (REIT / Utility Template)	821M	886M	929M	1.08B	1.34B
Interest Expense, Total	-84.47M	-83.55M	-103M	-137M	-191M
Interest and Investment Income	2.93M	2.14M	2.78M	7.21M	22.89M
Net Interest Expenses	-81.54M	-81.41M	-100M	-130M	-168M
Allowance For Equity Funds Used During Construction	23.49M	32.75M	45.5M	64.02M	58.23M
Other Non Operating Income (Expenses)	-16.06M	-17.8M	-15.15M	-11.81M	-1.32M
EBT, Excl. Unusual Items	747M	819M	860M	998M	1.23B
Gain (Loss) on Sale of Investments	-	-	-7.74M	1.41M	3.56M
Other Unusual Items	-	-	-	-	-1.5M
EBT, Incl. Unusual Items	747M	819M	852M	1B	1.24B
Income Tax Expense	145M	154M	77.51M	114M	193M
Earnings From Continuing Operations	601M	666M	774M	886M	1.04B
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	601M	666M	774M	886M	1.04B
Net Income - (IS)	601M	666M	774M	886M	1.04B
Preferred Dividend and Other Adjustments	444K	465K	508K	542K	553K
Net Income to Common Incl Extra Items	601M	665M	774M	885M	1.04B
Net Income to Common Excl. Extra Items	601M	665M	774M	885M	1.04B
Per Share Items
Net EPS - Basic	4.89	5.12	5.61	6.1	6.83
Basic EPS - Continuing Operations	4.89	5.12	5.61	6.1	6.83
Basic Weighted Average Shares Outstanding	123M	130M	138M	145M	153M
Net EPS - Diluted	4.89	5.12	5.6	6.1	6.83
Diluted EPS - Continuing Operations	4.89	5.12	5.6	6.1	6.83
Diluted Weighted Average Shares Outstanding	123M	130M	138M	145M	153M
Normalized Basic EPS	3.8	3.95	3.9	4.3	5.06
Normalized Diluted EPS	3.8	3.94	3.89	4.3	5.05
Dividend Per Share	2.3	2.5	2.72	2.96	3.22
Payout Ratio	46.96	48.67	48.54	48.58	47.27
Supplemental Items
Utility Revenues	2.72B	3.3B	4.09B	4.16B	4.03B
Non Utility Revenues	97.44M	106M	111M	119M	133M
EBITDA	1.25B	1.36B	1.46B	1.68B	2.01B
EBITA	821M	886M	929M	1.08B	1.34B
EBIT	821M	886M	929M	1.08B	1.34B
EBITDAR	-	1.41B	1.51B	1.72B	2.06B
Total Revenues (As Reported)	2.82B	3.41B	4.2B	4.28B	4.17B
Effective Tax Rate - (Ratio)	19.46	18.76	9.1	11.38	15.61
Current Domestic Taxes	14.19M	252K	30.97M	12.28M	19.73M
Total Current Taxes	14.19M	252K	30.97M	12.28M	19.73M
Deferred Domestic Taxes	131M	153M	46.54M	102M	173M
Total Deferred Taxes	131M	153M	46.54M	102M	173M
Normalized Net Income	467M	512M	537M	624M	771M
Interest Capitalized	8.44M	11.41M	12.15M	15.81M	14.66M
Interest on Long-Term Debt	-	-	4.31M	-	-
Non-Cash Pension Expense	16.82M	13.32M	-1.7M	1.64M	2.91M
Supplemental Operating Expense Items
Net Rental Expense, Total	-	42.35M	43.39M	44.09M	48.42M
Imputed Operating Lease Interest Expense	-	5.22M	5.01M	6.97M	10.43M
Imputed Operating Lease Depreciation	-	37.13M	38.38M	37.12M	37.99M
Stock-Based Comp., Other (Total)	9.58M	11.26M	10.74M	10.18M	10.71M
Total Stock-Based Compensation	9.58M	11.26M	10.74M	10.18M	10.71M

Fiscal Period: September	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	20.81M	117M	51.55M	15.4M	307M
Accounts Receivable, Total	191M	251M	330M	264M	307M
Other Receivables	39.59M	91.8M	45.76M	78.69M	72.85M
Accounts Receivable (Summary Subtotal)	231M	343M	376M	343M	380M
Inventory - (Utility Template)	119M	194M	384M	280M	186M
Prepaid Expenses	40.34M	48.77M	58.55M	58.03M	74.78M
Restricted Cash	-	-	-	3.84M	1.52M
Other Current Assets, Total	60.74M	2.14B	2.18B	186M	182M
Total Current Assets	471M	2.84B	3.05B	886M	1.13B
Gross Property Plant And Equipment	16.18B	18.11B	20.45B	23.12B	26.1B
Accumulated Depreciation	-2.6B	-2.82B	-3B	-3.29B	-3.64B
Net Property Plant And Equipment	13.58B	15.29B	17.45B	19.83B	22.45B
Regulatory Assets	372M	352M	368M	365M	397M
Goodwill	731M	731M	731M	731M	731M
Other Intangibles, Total	-	-	-	92.2M	82.84M
Long-Term Investments - (Utility Template)	104M	278M	451M	484M	111M
Deferred Charges Long-Term	-	89.01M	88.5M	10.9M	6.42M
Other Long-Term Assets, Total	98.36M	33.88M	51.18M	118M	280M
Total Assets	15.36B	19.61B	22.19B	22.52B	25.19B
Liabilities
Accounts Payable, Total	183M	225M	259M	218M	342M
Accrued Expenses, Total	193M	309M	354M	256M	278M
Short-Term Borrowings	-	-	185M	242M	-
Current Portion of Long-Term Debt	-	2.4B	2.2B	9.92M	8.21M
Current Portion of Leases	35.88M	38.14M	40.1M	37.39M	35.99M
Current Income Taxes Payable	148M	161M	189M	195M	216M
Deferred Tax Liability Current	20.89M	156M	160M	131M	79.69M
Other Current Liabilities - (Bank / Utility Template)	201M	222M	216M	262M	246M
Total Current Liabilities	782M	3.51B	3.6B	1.35B	1.21B
Long-Term Debt	4.52B	4.91B	5.71B	6.59B	7.81B
Long-Term Leases	210M	213M	235M	243M	272M
Unearned Revenue Non Current	10.06M	9.88M	8.63M	9.16M	7.97M
Pension & Other Post Retirement Benefits	337M	186M	91.6M	66.52M	67.32M
Deferred Tax Liability Non-Current	2.15B	2.26B	2.38B	2.56B	2.77B
Other Non Current Liabilities, Total	551M	616M	741M	827M	900M
Total Liabilities	8.57B	11.7B	12.77B	11.65B	13.04B
Common Stock, Total	629K	662K	704K	742K	776K
Additional Paid In Capital	4.38B	5.02B	5.84B	6.68B	7.47B
Retained Earnings	2.47B	2.81B	3.21B	3.67B	4.22B
Comprehensive Income and Other	-57.59M	69.8M	369M	519M	466M
Total Common Equity	6.79B	7.91B	9.42B	10.87B	12.16B
Total Equity	6.79B	7.91B	9.42B	10.87B	12.16B
Total Liabilities And Equity	15.36B	19.61B	22.19B	22.52B	25.19B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	126M	132M	141M	148M	155M
ECS Total Common Shares Outstanding	126M	132M	141M	148M	155M
Book Value / Share	53.95	59.71	66.85	73.2	78.31
Tangible Book Value	6.06B	7.18B	8.69B	10.05B	11.34B
Tangible Book Value Per Share	48.14	54.19	61.66	67.66	73.06
Total Debt	4.77B	7.56B	8.37B	7.12B	8.13B
Net Debt	4.75B	7.45B	8.32B	7.11B	7.82B
Debt Equivalent of Unfunded Proj. Benefit Obligation	204M	104M	51.28M	5.05M	-52.37M
Debt Equivalent Oper. Leases	-	339M	347M	353M	387M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	6.83M	15.58M	25.88M	34.3M	16.96M
Inventories - Finished Goods, Total	112M	178M	358M	246M	170M
Machinery, Total	15.5B	17.22B	19.36B	21.92B	24.75B
Full Time Employees	4.69K	4.68K	4.79K	5.02K	5.26K
Accumulated Allowance for Doubtful Accounts (Supple)	29.95M	64.47M	49.99M	40.84M	37.06M

Fiscal Period: September	2020	2021	2022	2023	2024
Net Income	601M	666M	774M	886M	1.04B
Depreciation, Depletion & Amortization	430M	478M	536M	604M	670M
Total Depreciation, Depletion & Amortization	430M	478M	536M	604M	670M
Amortization of Deferred Charges, Total	11.54M	14.03M	9.14M	3.64M	-
Stock-Based Compensation (CF)	9.58M	11.26M	10.74M	10.18M	10.71M
Change in Accounts Receivable	7.17M	-114M	-34.32M	46.86M	-40.91M
Change In Inventories	18.19M	-66.17M	-180M	112M	76.32M
Change in Accounts Payable	7.36M	104M	40.39M	-133M	-4.56M
Change in Unearned Revenues	-	137M	13.29M	-173M	-
Change in Other Net Operating Assets (Collected)	-166M	-2.44B	-203M	2.06B	-130M
Other Operating Activities	119M	126M	11.41M	43.6M	109M
Net Cash From Discontinued Operations	-	-	-	-	-
Cash from Operations	1.04B	-1.08B	978M	3.46B	1.73B
Capital Expenditure	-1.94B	-1.97B	-2.44B	-2.81B	-2.94B
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	491K	-6.07M	4.17M	-8.32M	-1.71M
Other Investing Activities, Total	9.67M	11.96M	10.29M	19.01M	16.06M
Cash from Investing	-1.93B	-1.96B	-2.43B	-2.8B	-2.92B
Short Term Debt Issued, Total	-	-	185M	2.08B	-
Long-Term Debt Issued, Total	999M	2.8B	799M	892M	1.24B
Total Debt Issued	999M	2.8B	984M	2.97B	1.24B
Short Term Debt Repaid, Total	-465M	-	-	-2.02B	-242M
Long-Term Debt Repaid, Total	-	-	-200M	-2.2B	-9.92M
Total Debt Repaid	-465M	-	-200M	-4.22B	-252M
Issuance of Common Stock	644M	623M	792M	822M	765M
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-282M	-324M	-376M	-430M	-493M
Common & Preferred Stock Dividends Paid	-282M	-324M	-376M	-430M	-493M
Other Financing Activities, Total	-12.16M	47.87M	187M	162M	218M
Cash from Financing	884M	3.14B	1.39B	-697M	1.48B
Net Change in Cash	-3.74M	95.92M	-65.17M	-32.31M	290M
Supplemental Items
Cash Interest Paid	82.3M	81.9M	98.4M	118M	164M
Cash Income Tax Paid (Refund)	-3.07M	8.2M	15.76M	14.97M	15.35M
Net Debt Issued / Repaid	535M	2.8B	784M	-1.25B	988M
Levered Free Cash Flow	-1.04B	-2.91B	-1.54B	411M	-1.39B
Unlevered Free Cash Flow	-998M	-2.87B	-1.49B	493M	-1.27B
Change In Net Working Capital	14.97M	1.95B	169M	-2.01B	-144M

Fiscal Period: September	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.57	3.17	2.78	3.01	3.52
Return on Total Capital	4.82	4.1	3.49	3.76	4.39
Return On Equity %	9.59	9.06	8.94	8.73	9.06
Return on Common Equity	9.58	9.05	8.93	8.73	9.05
Margin Analysis
Gross Profit Margin %	54.33	49.77	43.05	48.14	57.92
SG&A Margin	0.11	0.56	-0.2	-0.21	0.26
EBITDA Margin %	44.33	40.02	34.87	39.3	48.37
EBITA Margin %	29.1	25.99	22.12	25.17	32.28
EBIT Margin %	29.1	25.99	22.12	25.17	32.28
Income From Continuing Operations Margin %	21.32	19.53	18.43	20.72	25.04
Net Income Margin %	21.32	19.53	18.43	20.72	25.04
Net Avail. For Common Margin %	21.3	19.52	18.42	20.71	25.02
Normalized Net Income Margin	16.54	15.03	12.79	14.59	18.51
Levered Free Cash Flow Margin	-36.84	-85.42	-36.68	9.6	-33.41
Unlevered Free Cash Flow Margin	-35.38	-84.3	-35.37	11.52	-30.55
Asset Turnover
Asset Turnover	0.2	0.19	0.2	0.19	0.17
Fixed Assets Turnover	0.22	0.24	0.26	0.23	0.2
Receivables Turnover (Average Receivables)	14.81	15.41	14.46	14.4	14.58
Inventory Turnover (Average Inventory)	10.11	10.96	8.29	6.68	7.51
Short Term Liquidity
Current Ratio	0.6	0.81	0.85	0.65	0.94
Quick Ratio	0.32	0.13	0.12	0.26	0.57
Operating Cash Flow to Current Liabilities	1.33	-0.31	0.27	2.56	1.44
Days Sales Outstanding (Average Receivables)	24.72	23.68	25.24	25.34	25.1
Days Outstanding Inventory (Average Inventory)	36.19	33.32	44.05	54.65	48.71
Average Days Payable Outstanding	57.08	37.38	34.15	41.16	61.78
Cash Conversion Cycle (Average Days)	3.83	19.62	35.13	38.83	12.03
Long Term Solvency
Total Debt/Equity	70.22	95.65	88.86	65.53	66.86
Total Debt / Total Capital	41.25	48.89	47.05	39.59	40.07
LT Debt/Equity	69.69	64.82	63.12	62.87	66.5
Long-Term Debt / Total Capital	40.94	33.13	33.42	37.98	39.85
Total Liabilities / Total Assets	55.78	59.68	57.56	51.72	51.74
EBIT / Interest Expense	9.72	10.6	9.04	7.84	7.05
EBITDA / Interest Expense	15.28	16.83	14.67	12.56	10.82
(EBITDA - Capex) / Interest Expense	-7.63	-6.74	-9.1	-7.88	-4.59
Total Debt / EBITDA	3.69	5.38	5.55	4.13	3.94
Net Debt / EBITDA	3.68	5.3	5.51	4.12	3.79
Total Debt / (EBITDA - Capex)	-7.4	-13.42	-8.94	-6.59	-9.3
Net Debt / (EBITDA - Capex)	-7.37	-13.22	-8.89	-6.57	-8.95
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-2.78	20.78	23.31	1.75	-2.58
Gross Profit, 1 Yr. Growth %	8.49	10.64	6.67	13.79	17.2
EBITDA, 1 Yr. Growth %	9.66	9.03	7.42	14.71	21.17
EBITA, 1 Yr. Growth %	9.59	7.9	4.92	15.79	27.06
EBIT, 1 Yr. Growth %	9.59	7.9	4.92	15.79	27.06
Earnings From Cont. Operations, 1 Yr. Growth %	17.61	10.66	16.35	14.39	17.73
Net Income, 1 Yr. Growth %	17.61	10.66	16.35	14.39	17.73
Diluted EPS Before Extra, 1 Yr. Growth %	12.41	4.7	9.38	8.93	11.97
Normalized Net Income, 1 Yr. Growth %	14.84	9.71	4.81	16.12	23.47
Net Property, Plant and Equip., 1 Yr. Growth %	15.23	12.54	14.19	13.61	13.23
Inventory, 1 Yr. Growth %	-12.7	63.07	98.16	-27.02	-33.43
Accounts Receivable, 1 Yr. Growth %	0.49	31.49	31.33	-20	16.48
Total Assets, 1 Yr. Growth %	14.9	27.67	13.18	1.46	11.89
Tangible Book Value, 1 Yr. Growth %	20.73	18.41	21.07	15.64	12.91
Cash From Operations, 1 Yr. Growth %	7.15	-204.46	-190.16	253.91	-49.89
Capital Expenditures, 1 Yr. Growth %	14.3	1.75	24.11	14.79	4.67
Levered Free Cash Flow, 1 Yr. Growth %	28.41	180.03	-47.05	-126.64	-451.67
Unlevered Free Cash Flow, 1 Yr. Growth %	32.3	187.78	-48.27	-133.15	-364.26
Dividend Per Share, 1 Yr. Growth %	9.52	8.7	8.8	8.82	8.78
Common Equity, 1 Yr. Growth %	18.1	16.43	19.13	15.4	11.85
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-4.84	8.36	22.04	12.01	-0.44
Gross Profit, 2 Yr. CAGR %	6.44	9.56	8.64	10.17	15.48
EBITDA, 2 Yr. CAGR %	7.45	9.35	8.23	11.01	17.94
EBITA, 2 Yr. CAGR %	6.62	8.74	6.4	10.22	21.38
EBIT, 2 Yr. CAGR %	6.62	8.74	6.4	10.22	21.38
Earnings From Cont. Operations, 2 Yr. CAGR %	-0.13	14.08	13.47	15.37	16.05
Net Income, 2 Yr. CAGR %	-0.13	14.08	13.47	15.37	16.05
Diluted EPS Before Extra, 2 Yr. CAGR %	-5.08	8.49	7.01	9.15	10.44
Normalized Net Income, 2 Yr. CAGR %	10.54	12.24	6.99	10.32	19.8
Net Property, Plant and Equip., 2 Yr. CAGR %	14.44	13.88	13.36	13.9	13.42
Inventory, 2 Yr. CAGR %	-17.34	19.32	79.76	20.26	-30.3
Accounts Receivable, 2 Yr. CAGR %	-3.47	14.95	31.41	2.5	-3.47
Total Assets, 2 Yr. CAGR %	13.73	21.11	20.21	7.16	6.55
Common Equity, 2 Yr. CAGR %	19.32	17.26	17.77	17.25	13.61
Tangible Book Value, 2 Yr. CAGR %	22.48	19.56	19.74	18.33	14.27
Cash From Operations, 2 Yr. CAGR %	-3.93	5.79	-2.95	78.63	33.17
Capital Expenditures, 2 Yr. CAGR %	14.85	7.84	12.38	19.36	9.62
Levered Free Cash Flow, 2 Yr. CAGR %	42.65	89.63	21.77	-62.44	-5.58
Unlevered Free Cash Flow, 2 Yr. CAGR %	48.61	95.13	22.01	-58.59	-7.79
Dividend Per Share, 2 Yr. CAGR %	8.88	9.11	8.75	8.81	8.8
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	0.74	3.03	13.13	14.86	6.92
Gross Profit, 3 Yr. CAGR %	5.76	7.82	8.59	10.33	12.47
EBITDA, 3 Yr. CAGR %	6.12	7.98	8.7	10.34	13.89
EBITA, 3 Yr. CAGR %	4.13	7.04	7.45	9.44	14.93
EBIT, 3 Yr. CAGR %	4.13	7.04	7.45	9.44	14.93
Earnings From Cont. Operations, 3 Yr. CAGR %	16.26	3.34	14.83	13.78	16.15
Net Income, 3 Yr. CAGR %	14.91	3.34	14.83	13.78	16.15
Diluted EPS Before Extra, 3 Yr. CAGR %	10.75	-1.92	8.78	7.65	10.08
Normalized Net Income, 3 Yr. CAGR %	7.32	10.26	9.75	9.95	14.58
Net Property, Plant and Equip., 3 Yr. CAGR %	13.62	13.8	13.98	13.44	13.67
Inventory, 3 Yr. CAGR %	-14.36	3.67	41.3	33.11	-1.26
Accounts Receivable, 3 Yr. CAGR %	-1.09	7	20.17	11.37	6.96
Total Assets, 3 Yr. CAGR %	12.63	18.2	18.41	13.6	8.71
Common Equity, 3 Yr. CAGR %	20.32	18.35	17.88	16.98	15.42
Tangible Book Value, 3 Yr. CAGR %	24.13	21.11	20.06	18.35	16.49
Cash From Operations, 3 Yr. CAGR %	6.18	-1.21	0.3	49.38	16.94
Capital Expenditures, 3 Yr. CAGR %	19.4	10.3	13.01	13.17	14.25
Levered Free Cash Flow, 3 Yr. CAGR %	39.51	78.62	23.94	-26.63	-21.81
Unlevered Free Cash Flow, 3 Yr. CAGR %	47.01	85.23	25.35	-20.97	-23.77
Dividend Per Share, 3 Yr. CAGR %	8.51	8.82	9.01	8.77	8.8
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-0.73	6.78	8.77	6.53	7.5
Gross Profit, 5 Yr. CAGR %	6.57	7.71	6.9	8.75	11.3
EBITDA, 5 Yr. CAGR %	7.17	7.54	6.96	9.18	12.05
EBITA, 5 Yr. CAGR %	6.04	6.15	5.03	8.3	12.41
EBIT, 5 Yr. CAGR %	6.04	6.15	5.03	8.3	12.41
Earnings From Cont. Operations, 5 Yr. CAGR %	14.5	14.01	15.14	7.99	15.32
Net Income, 5 Yr. CAGR %	13.8	13.71	14.33	7.99	15.32
Diluted EPS Before Extra, 5 Yr. CAGR %	10.31	8.98	9.24	2.36	9.44
Normalized Net Income, 5 Yr. CAGR %	8.56	8.61	7.31	10.31	13.66
Net Property, Plant and Equip., 5 Yr. CAGR %	12.82	13.08	13.52	13.84	13.76
Inventory, 5 Yr. CAGR %	-13.77	0.93	15.21	10.01	6.51
Accounts Receivable, 5 Yr. CAGR %	-5.56	7.31	10.82	5.18	10.09
Total Assets, 5 Yr. CAGR %	11.1	14.39	15.6	13.65	13.51
Common Equity, 5 Yr. CAGR %	16.28	17.95	19.29	17.91	16.15
Tangible Book Value, 5 Yr. CAGR %	19.84	21.27	22.35	19.99	17.71
Cash From Operations, 5 Yr. CAGR %	5.04	6.4	2.43	25.2	12.34
Capital Expenditures, 5 Yr. CAGR %	14.97	12.62	16.54	13.84	11.64
Levered Free Cash Flow, 5 Yr. CAGR %	34.02	41.21	32.12	-4.28	11.44
Unlevered Free Cash Flow, 5 Yr. CAGR %	41.86	44.73	36.45	1.74	11.02
Dividend Per Share, 5 Yr. CAGR %	8.07	8.27	8.61	8.82	8.92