Financials Atmos Energy Corporation

Equities

ATO

US0495601058

Natural Gas Utilities

Market Closed - Nyse 04:00:02 2024-04-12 pm EDT 5-day change 1st Jan Change
114 USD -0.34% Intraday chart for Atmos Energy Corporation -1.93% -1.65%

Valuation

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 13,462 11,792 11,536 14,248 15,727 17,194 - -
Enterprise Value (EV) 1 17,432 16,303 18,750 22,344 22,594 24,967 25,886 26,937
P/E ratio 26.2 x 19.5 x 17.2 x 18.2 x 17.4 x 17.2 x 16 x 14.7 x
Yield 1.84% 2.41% 2.83% 2.67% 2.79% 2.82% 3.06% 3.31%
Capitalization / Revenue 4.64 x 4.18 x 3.39 x 3.39 x 3.68 x 3.6 x 3.32 x 3.12 x
EV / Revenue 6.01 x 5.78 x 5.5 x 5.32 x 5.28 x 5.23 x 5 x 4.89 x
EV / EBITDA 15.3 x 13 x 13.6 x 15.3 x 13.5 x 12.5 x 11.4 x 10.5 x
EV / FCF -24.1 x -18.2 x -6.14 x -15.2 x 34.6 x -20.6 x -24.2 x -24.3 x
FCF Yield -4.16% -5.51% -16.3% -6.56% 2.89% -4.84% -4.14% -4.12%
Price to Book 2.36 x 1.77 x 1.48 x 1.52 x 1.41 x 1.45 x 1.36 x 1.27 x
Nbr of stocks (in thousands) 118,201 123,355 130,791 139,892 148,462 150,840 - -
Reference price 2 113.9 95.59 88.20 101.8 105.9 114.0 114.0 114.0
Announcement Date 11/6/19 11/11/20 11/10/21 11/9/22 11/8/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,902 2,821 3,407 4,202 4,275 4,778 5,173 5,508
EBITDA 1 1,138 1,254 1,383 1,457 1,671 1,996 2,269 2,573
EBIT 1 746.1 824.1 905 921 1,067 1,325 1,507 1,702
Operating Margin 25.71% 29.21% 26.56% 21.92% 24.96% 27.72% 29.13% 30.9%
Earnings before Tax (EBT) 1 650.3 746.8 819.3 851.9 999.6 1,188 1,306 1,448
Net income 1 511.4 601.4 665.6 774.4 885.9 1,001 1,117 1,248
Net margin 17.62% 21.32% 19.53% 18.43% 20.72% 20.94% 21.58% 22.66%
EPS 2 4.350 4.890 5.120 5.600 6.100 6.610 7.134 7.735
Free Cash Flow 1 -724.7 -897.7 -3,054 -1,467 653.8 -1,210 -1,072 -1,110
FCF margin -24.97% -31.82% -89.62% -34.91% 15.29% -25.31% -20.71% -20.15%
FCF Conversion (EBITDA) - - - - 39.11% - - -
FCF Conversion (Net income) - - - - 73.8% - - -
Dividend per Share 2 2.100 2.300 2.500 2.720 2.960 3.219 3.489 3.777
Announcement Date 11/6/19 11/11/20 11/10/21 11/9/22 11/8/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: September 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 568.4 1,013 1,650 816.4 722.6 1,484 1,541 662.7 587.6 1,158 1,820 815.9 813.9 - -
EBITDA 215.7 403.7 518.5 288.8 245.6 467.2 571 - - - - - - - -
EBIT 1 90.96 275.9 385.1 154.6 105.4 321.2 422.6 169.3 154.1 399.1 522.4 241.3 200.8 - -
Operating Margin 16% 27.24% 23.34% 18.93% 14.59% 21.64% 27.43% 25.54% 26.22% 34.45% 28.71% 29.57% 24.67% - -
Earnings before Tax (EBT) 1 59.54 264.7 361.4 141.7 84.12 305.6 402.7 154.1 137.3 365.1 474.3 188.1 160.3 - -
Net income 1 48.72 249.2 325 128.5 71.64 271.9 357.7 137.8 118.5 311.3 406.2 159.9 131.4 - -
Net margin 8.57% 24.61% 19.7% 15.75% 9.91% 18.32% 23.21% 20.79% 20.17% 26.87% 22.32% 19.6% 16.14% - -
EPS 2 0.3700 1.860 2.370 0.9200 0.5100 1.910 2.480 0.9400 0.8000 2.080 2.661 1.030 0.8452 - -
Dividend per Share 2 0.6250 0.6800 0.6800 0.6800 0.7400 0.7400 0.7400 0.7400 0.7400 0.8050 0.8081 0.8081 0.8081 0.8788 0.8788
Announcement Date 11/10/21 2/8/22 5/4/22 8/3/22 11/9/22 2/7/23 5/3/23 8/2/23 11/8/23 2/6/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 3,970 4,511 7,214 8,096 6,867 7,773 8,692 9,743
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.49 x 3.598 x 5.216 x 5.558 x 4.109 x 3.894 x 3.831 x 3.787 x
Free Cash Flow 1 -725 -898 -3,054 -1,467 654 -1,210 -1,072 -1,110
ROE (net income / shareholders' equity) 9.72% 9.59% 9.06% 8.94% 8.73% 8.71% 8.87% 8.97%
ROA (Net income/ Total Assets) 4.05% 4.04% 3.81% 3.71% 3.96% 4.21% 4.08% 4.18%
Assets 1 12,621 14,882 17,484 20,901 22,355 23,787 27,389 29,891
Book Value Per Share 2 48.20 53.90 59.70 66.90 74.90 78.50 83.80 89.70
Cash Flow per Share - 8.450 -8.350 7.080 23.80 - - -
Capex 1 1,693 1,936 1,970 2,444 2,806 2,971 3,160 3,416
Capex / Sales 58.36% 68.61% 57.8% 58.18% 65.63% 62.18% 61.09% 62.02%
Announcement Date 11/6/19 11/11/20 11/10/21 11/9/22 11/8/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
11
Last Close Price
114 USD
Average target price
122.2 USD
Spread / Average Target
+7.24%
Consensus
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  4. Financials Atmos Energy Corporation