Atmos Historical Income Statement

ATO Stock

USD 150.05 0.21 0.14%

Historical analysis of Atmos Energy income statement accounts such as Total Revenue of 2.4 B, Gross Profit of 3.5 B or Operating Income of 1.4 B can show how well Atmos Energy performed in making a profits. Evaluating Atmos Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Atmos Energy's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Atmos Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Atmos Energy is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atmos Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Atmos Stock, please use our How to Invest in Atmos Energy guide.

About Atmos Income Statement Analysis

Atmos Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Atmos Energy shareholders. The income statement also shows Atmos investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Atmos Energy Income Statement Chart

At this time, Atmos Energy's Income Tax Expense is very stable compared to the past year. As of the 24th of November 2024, Depreciation And Amortization is likely to grow to about 703.5 M, while Total Revenue is likely to drop about 2.4 B.

Total Revenue Gross Profit Operating Income Ebitda Total Operating Expenses Tax Provision

Total Revenue

Total revenue comprises all receipts Atmos Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Atmos Energy minus its cost of goods sold. It is profit before Atmos Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Atmos Energy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Atmos Energy is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most accounts from Atmos Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Atmos Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atmos Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Atmos Stock, please use our How to Invest in Atmos Energy guide.At this time, Atmos Energy's Income Tax Expense is very stable compared to the past year. As of the 24th of November 2024, Depreciation And Amortization is likely to grow to about 703.5 M, while Total Revenue is likely to drop about 2.4 B.

	2021	2022	2023	2024 (projected)
Gross Profit	2.5B	2.1B	3.3B	3.5B
Total Revenue	4.2B	4.3B	4.2B	2.4B

Gross Profit Total Revenue

Atmos Energy income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Operating Income	Ebit	Ebitda	Net Income	Income Tax Expense	Depreciation And Amortization	Other Operating Expenses	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Selling And Marketing Expenses	Selling General Administrative	Net Income From Continuing Ops	Non Operating Income Net Other	Discontinued Operations	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Interest Expense		0.37	0.59	0.69	0.69	0.69	0.63	0.6	0.68	0.32	0.14	0.71	0.69	-0.41	0.88	0.33	0.35	0.48	0.01	-0.72	-0.01	-0.44	-0.71	0.45
Total Revenue	0.37		0.79	0.74	0.74	0.78	0.83	0.08	0.84	0.98	0.82	0.68	0.79	-0.68	0.37	0.85	0.94	0.67	0.33	-0.53	-0.53	-0.6	-0.1	0.83
Gross Profit	0.59	0.79		0.95	0.94	0.95	0.96	0.3	0.95	0.82	0.46	0.94	0.96	-0.87	0.78	0.73	0.81	0.79	0.11	-0.49	-0.42	-0.69	-0.43	0.82
Operating Income	0.69	0.74	0.95		1.0	1.0	0.98	0.4	0.97	0.76	0.48	0.89	0.99	-0.83	0.82	0.75	0.8	0.85	0.08	-0.47	-0.31	-0.74	-0.6	0.87
Ebit	0.69	0.74	0.94	1.0		1.0	0.98	0.39	0.97	0.76	0.49	0.88	0.99	-0.83	0.81	0.76	0.81	0.87	0.07	-0.45	-0.3	-0.75	-0.62	0.88
Ebitda	0.69	0.78	0.95	1.0	1.0		0.99	0.38	0.99	0.79	0.54	0.89	1.0	-0.84	0.8	0.77	0.83	0.86	0.12	-0.5	-0.34	-0.75	-0.57	0.89
Net Income	0.63	0.83	0.96	0.98	0.98	0.99		0.25	0.99	0.86	0.61	0.88	0.98	-0.84	0.75	0.79	0.87	0.85	0.19	-0.48	-0.47	-0.74	-0.5	0.9
Income Tax Expense	0.6	0.08	0.3	0.4	0.39	0.38	0.25		0.34	-0.02	-0.22	0.46	0.42	-0.21	0.56	0.1	0.04	0.13	-0.27	-0.59	0.54	-0.17	-0.31	0.09
Depreciation And Amortization	0.68	0.84	0.95	0.97	0.97	0.99	0.99	0.34		0.85	0.61	0.89	0.99	-0.85	0.78	0.77	0.84	0.83	0.22	-0.57	-0.4	-0.75	-0.48	0.89
Other Operating Expenses	0.32	0.98	0.82	0.76	0.76	0.79	0.86	-0.02	0.85		0.85	0.68	0.8	-0.71	0.39	0.82	0.92	0.72	0.29	-0.43	-0.63	-0.63	-0.13	0.84
Cost Of Revenue	0.14	0.82	0.46	0.48	0.49	0.54	0.61	-0.22	0.61	0.85		0.28	0.53	-0.38	0.11	0.64	0.72	0.58	0.3	-0.28	-0.63	-0.48	-0.04	0.66
Total Operating Expenses	0.71	0.68	0.94	0.89	0.88	0.89	0.88	0.46	0.89	0.68	0.28		0.91	-0.78	0.86	0.62	0.67	0.66	0.12	-0.65	-0.31	-0.54	-0.4	0.68
Income Before Tax	0.69	0.79	0.96	0.99	0.99	1.0	0.98	0.42	0.99	0.8	0.53	0.91		-0.83	0.81	0.77	0.82	0.83	0.11	-0.55	-0.34	-0.73	-0.53	0.86
Total Other Income Expense Net	-0.41	-0.68	-0.87	-0.83	-0.83	-0.84	-0.84	-0.21	-0.85	-0.71	-0.38	-0.78	-0.83		-0.6	-0.6	-0.75	-0.75	-0.29	0.29	0.26	0.84	0.31	-0.84
Selling And Marketing Expenses	0.88	0.37	0.78	0.82	0.81	0.8	0.75	0.56	0.78	0.39	0.11	0.86	0.81	-0.6		0.33	0.36	0.58	-0.08	-0.62	-0.18	-0.51	-0.66	0.49
Selling General Administrative	0.33	0.85	0.73	0.75	0.76	0.77	0.79	0.1	0.77	0.82	0.64	0.62	0.77	-0.6	0.33		0.93	0.7	0.21	-0.29	-0.31	-0.42	-0.27	0.88
Net Income From Continuing Ops	0.35	0.94	0.81	0.8	0.81	0.83	0.87	0.04	0.84	0.92	0.72	0.67	0.82	-0.75	0.36	0.93		0.76	0.33	-0.33	-0.45	-0.66	-0.26	0.93
Non Operating Income Net Other	0.48	0.67	0.79	0.85	0.87	0.86	0.85	0.13	0.83	0.72	0.58	0.66	0.83	-0.75	0.58	0.7	0.76		-0.03	-0.15	-0.31	-0.72	-0.63	0.89
Discontinued Operations	0.01	0.33	0.11	0.08	0.07	0.12	0.19	-0.27	0.22	0.29	0.3	0.12	0.11	-0.29	-0.08	0.21	0.33	-0.03		-0.22	-0.29	-0.17	0.26	0.24
Non Recurring	-0.72	-0.53	-0.49	-0.47	-0.45	-0.5	-0.48	-0.59	-0.57	-0.43	-0.28	-0.65	-0.55	0.29	-0.62	-0.29	-0.33	-0.15	-0.22		0.17	0.22	0.05	-0.24
Tax Provision	-0.01	-0.53	-0.42	-0.31	-0.3	-0.34	-0.47	0.54	-0.4	-0.63	-0.63	-0.31	-0.34	0.26	-0.18	-0.31	-0.45	-0.31	-0.29	0.17		0.26	-0.1	-0.33
Interest Income	-0.44	-0.6	-0.69	-0.74	-0.75	-0.75	-0.74	-0.17	-0.75	-0.63	-0.48	-0.54	-0.73	0.84	-0.51	-0.42	-0.66	-0.72	-0.17	0.22	0.26		0.46	-0.74
Net Interest Income	-0.71	-0.1	-0.43	-0.6	-0.62	-0.57	-0.5	-0.31	-0.48	-0.13	-0.04	-0.4	-0.53	0.31	-0.66	-0.27	-0.26	-0.63	0.26	0.05	-0.1	0.46		-0.47
Reconciled Depreciation	0.45	0.83	0.82	0.87	0.88	0.89	0.9	0.09	0.89	0.84	0.66	0.68	0.86	-0.84	0.49	0.88	0.93	0.89	0.24	-0.24	-0.33	-0.74	-0.47

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Atmos Energy Account Relationship Matchups

Atmos Energy income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	84.5M	83.6M	102.8M	137.3M	190.6M	200.2M
Total Revenue	2.8B	3.4B	4.2B	4.3B	4.2B	2.4B
Gross Profit	2.2B	2.4B	2.5B	2.1B	3.3B	3.5B
Operating Income	824.1M	905.0M	921.0M	1.1B	1.4B	1.4B
Ebit	831.3M	902.9M	954.7M	1.1B	1.4B	1.5B
Ebitda	1.3B	1.4B	1.5B	1.7B	2.1B	2.2B
Net Income	601.4M	665.6M	774.4M	885.3M	1.0B	1.1B
Income Tax Expense	145.4M	153.7M	77.5M	113.8M	192.9M	202.5M
Depreciation And Amortization	429.8M	478.0M	535.7M	604.3M	670.0M	703.5M
Other Operating Expenses	2.0B	2.5B	3.3B	3.2B	2.8B	2.2B
Cost Of Revenue	658.9M	1.0B	1.7B	2.2B	819.1M	778.2M
Total Operating Expenses	1.3B	1.5B	1.6B	991.1M	2.0B	2.1B
Income Before Tax	746.8M	819.3M	851.9M	999.6M	1.2B	1.3B
Total Other Income Expense Net	(77.3M)	(85.7M)	(69.1M)	(67.5M)	(119.6M)	(113.6M)
Net Income Applicable To Common Shares	601.4M	665.6M	774.4M	885.3M	1.0B	1.1B
Selling General Administrative	630.3M	908.4M	991.8M	1.1B	1.2B	840.7M
Net Income From Continuing Ops	601.4M	665.6M	774.4M	885.9M	1.0B	531.7M
Non Operating Income Net Other	7.4M	7.2M	(2.1M)	33.7M	38.8M	40.7M
Tax Provision	145.4M	153.7M	77.5M	113.8M	192.9M	115.3M
Interest Income	84.5M	83.6M	102.8M	7.2M	22.9M	21.7M
Net Interest Income	(84.5M)	(83.6M)	(102.8M)	(137.3M)	(167.7M)	(176.1M)
Reconciled Depreciation	429.8M	478.0M	535.7M	604.3M	670.0M	521.1M

Pair Trading with Atmos Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atmos Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atmos Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atmos Stock

0.93	NI	NiSource	Pair Corr
0.79	BKH	Black Hills	Pair Corr
0.8	CPK	Chesapeake Utilities	Pair Corr

Moving against Atmos Stock

0.71	NFE	New Fortress Energy	Pair Corr
0.6	ES	Eversource Energy	Pair Corr

The ability to find closely correlated positions to Atmos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atmos Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atmos Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atmos Energy to buy it.

The correlation of Atmos Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atmos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atmos Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Atmos Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Atmos Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atmos Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atmos Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atmos Energy Stock:

How To Invest In Atmos

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Is Atmos Stock a good investment?

Details

What is Atmos Energy's Net Worth?

Details

Largest Gas Utilities Companies

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Largest Utilities - Regulated Gas Companies

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To learn how to invest in Atmos Stock, please use our How to Invest in Atmos Energy guide.

You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Is Gas Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atmos Energy. If investors know Atmos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atmos Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.148

Earnings Share

6.83

Revenue Per Share

27.161

Quarterly Revenue Growth

0.059

Return On Assets

0.0358

The market value of Atmos Energy is measured differently than its book value, which is the value of Atmos that is recorded on the company's balance sheet. Investors also form their own opinion of Atmos Energy's value that differs from its market value or its book value, called intrinsic value, which is Atmos Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atmos Energy's market value can be influenced by many factors that don't directly affect Atmos Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Atmos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atmos Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atmos Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Atmos Historical Income Statement

About Atmos Income Statement Analysis

Atmos Energy Income Statement Chart

Total Revenue

Gross Profit

Operating Income

Total Operating Expenses

Tax Provision

Atmos Energy income statement Correlations

Atmos Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Atmos Energy income statement Accounts

Pair Trading with Atmos Energy

Moving together with Atmos Stock

Moving against Atmos Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Income Before Tax	+ 1.0	Ebitda
Income Before Tax	+ 0.99	Operating Income
Income Before Tax	+ 0.99	Ebit

Total Other Income Expense Net	- 0.87	Gross Profit
Total Other Income Expense Net	- 0.85	Depreciation And Amortization
Reconciled Depreciation	- 0.84	Total Other Income Expense Net
Total Other Income Expense Net	- 0.84	Net Income
Total Other Income Expense Net	- 0.84	Ebitda
Total Other Income Expense Net	- 0.83	Income Before Tax