ATO financial statements

The full income statement, balance sheet, and cash-flow statement for Atmos Energy Corporation (ATO), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
Revenue	4.70B YoY+12.9%	4.17B YoY-2.6%	4.28B YoY+1.8%	4.20B YoY+23.3%	3.41B YoY+20.8%
Cost of revenue	—	—	1.45B YoY-13.7%	1.68B YoY+62.9%	1.03B YoY+56.7%
Provision for credit losses	30.8M YoY+23.9%	24.8M YoY+11.1%	22.4M YoY+34.9%	16.6M YoY-62.2%	43.8M YoY+76.7%
Operating income	1.56B YoY+15.1%	1.36B YoY+27.0%	1.07B YoY+15.9%	921M YoY+1.8%	905M YoY+9.8%
Interest expense	172M YoY-9.9%	191M YoY+38.9%	137M YoY+33.5%	103M YoY+23.0%	83.6M YoY-1.1%
Other non-operating income	89.7M YoY+26.3%	71.0M YoY+1.8%	69.8M YoY+106.8%	33.7M YoY+1672.8%	-2.15M YoY-129.9%
Pre-tax income	1.48B YoY+19.6%	1.24B YoY+23.6%	1000M YoY+17.3%	852M YoY+4.0%	819M YoY+9.7%
Income tax	279M YoY+44.8%	193M YoY+69.5%	114M YoY+46.8%	77.5M YoY-49.6%	154M YoY+5.8%
	1.20B YoY+14.9%	1.04B YoY+17.7%	886M YoY+14.4%	774M YoY+16.4%	666M YoY+10.7%
Income from continuing operations	—	—	—	—	666M YoY+10.7%
Net income to common	1.20B YoY+15.0%	1.04B YoY+17.7%	885M YoY+14.4%	774M YoY+16.4%	665M YoY+10.7%
	$7.46 YoY+9.2%	$6.83 YoY+12.0%	$6.10 YoY+8.9%	$5.60 YoY+9.4%	$5.12 YoY+4.7%
EPS (basic)	$7.54 YoY+10.4%	$6.83 YoY+12.0%	$6.10 YoY+8.7%	$5.61 YoY+9.6%	$5.12 YoY+4.7%
	159M YoY+4.2%	153M YoY+5.1%	145M YoY+5.3%	138M YoY+6.2%	130M YoY+5.7%
	161M YoY+5.2%	153M YoY+5.2%	145M YoY+5.1%	138M YoY+6.4%	130M YoY+5.7%
Dividends per share	$3.48 YoY+8.1%	$3.22 YoY+8.8%	$2.96 YoY+8.8%	$2.72 YoY+8.8%	$2.50 YoY+8.7%
Balance Sheet	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
	1.05B YoY-7.0%	1.13B YoY+27.8%	886M YoY-70.9%	3.05B YoY+7.4%	2.84B YoY+502.4%
Cash & equivalents	203M YoY-34.1%	307M YoY+1895.2%	15.4M YoY-70.1%	51.6M YoY-55.8%	117M YoY+461.0%
Accounts receivable	376M YoY+2.6%	366M YoY+11.3%	329M YoY-9.6%	364M YoY+6.0%	343M YoY+48.7%
Prepaid expenses	80.5M YoY+7.6%	74.8M YoY+28.9%	58.0M YoY-0.9%	58.6M YoY+20.1%	48.8M YoY+20.9%
Other current assets	302M YoY+4.7%	288M YoY-1.4%	292M YoY-87.2%	2.27B YoY+3.3%	2.20B YoY+1939.7%
	28.2B YoY+12.1%	25.2B YoY+11.9%	22.5B YoY+1.5%	22.2B YoY+13.2%	19.6B YoY+27.7%
Operating lease right-of-use	294M YoY+17.8%	250M YoY+11.7%	223M YoY+4.1%	215M YoY-3.5%	222M YoY-2.1%
Goodwill	731M YoY+0.0%	731M YoY+0.0%	731M YoY+0.0%	731M YoY+0.0%	731M YoY+0.0%
Intangible assets	75.1M YoY-9.3%	82.8M YoY-10.1%	92.2M	0.00	—
Other non-current assets	1.10B YoY+5.2%	1.04B YoY-13.1%	1.20B YoY+2.3%	1.17B YoY+20.4%	975M YoY+21.7%
	1.36B YoY+13.0%	1.21B YoY-10.8%	1.35B YoY-62.5%	3.60B YoY+2.6%	3.51B YoY+348.7%
Accrued liabilities	507M YoY+13.7%	445M YoY+32.5%	336M YoY-32.2%	496M YoY+17.2%	423M YoY+79.5%
Deferred revenue	56.2M YoY-9.5%	62.1M YoY-4.9%	65.3M YoY+16.5%	56.0M YoY+12.7%	49.7M YoY-12.0%
Short-term & current debt	—	0.00 YoY-100.0%	242M YoY+30.8%	185M	0.00
Current lease liability	45.0M YoY+31.1%	34.3M YoY-4.1%	35.8M YoY-7.3%	38.6M YoY+2.5%	37.7M YoY+5.5%
Other current liabilities	836M YoY+11.3%	751M YoY-1.6%	763M YoY+6.0%	720M YoY+4.9%	687M YoY+25.7%
Deferred revenue (non-current)	9.57M YoY+20.1%	7.97M YoY-12.9%	9.16M YoY+6.1%	8.63M YoY-12.7%	9.88M YoY-1.8%
Non-current lease liability	263M YoY+16.9%	224M YoY+15.5%	194M YoY+5.5%	184M YoY-5.4%	195M YoY-3.1%
Deferred tax liabilities	2.92B YoY+12.5%	2.59B YoY+12.5%	2.30B YoY+15.3%	2.00B YoY+17.2%	1.71B YoY+17.1%
Other non-current liabilities	784M YoY+13.4%	692M YoY+15.3%	600M YoY+11.4%	538M YoY+0.2%	537M YoY-16.3%
	13.6B YoY+11.5%	12.2B YoY+11.8%	10.9B YoY+15.4%	9.42B YoY+19.1%	7.91B YoY+16.4%
Common stock	808K YoY+4.1%	776K YoY+4.6%	742K YoY+5.4%	704K YoY+6.3%	662K YoY+5.2%
Additional paid-in capital	8.22B YoY+10.0%	7.47B YoY+11.8%	6.68B YoY+14.5%	5.84B YoY+16.2%	5.02B YoY+14.8%
Retained earnings	4.86B YoY+15.3%	4.22B YoY+15.0%	3.67B YoY+14.2%	3.21B YoY+14.2%	2.81B YoY+13.8%
Accumulated other comprehensive income	475M YoY+2.0%	466M YoY-10.2%	519M YoY+40.5%	369M YoY+428.8%	69.8M YoY+221.2%
Total liabilities & equity	28.2B YoY+12.1%	25.2B YoY+11.9%	22.5B YoY+1.5%	22.2B YoY+13.2%	19.6B YoY+27.7%
	162M YoY+4.1%	155M YoY+4.6%	148M YoY+5.4%	141M YoY+6.4%	132M YoY+5.2%
	162M YoY+4.1%	155M YoY+4.6%	148M YoY+5.4%	141M YoY+6.4%	132M YoY+5.2%
	162M YoY+4.1%	155M YoY+4.6%	148M YoY+5.4%	141M YoY+6.4%	132M YoY+5.2%
Cash Flow	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
	2.05B YoY+18.2%	1.73B YoY-49.9%	3.46B YoY+253.9%	978M YoY+190.2%	-1.08B YoY-204.5%
Depreciation & amortization	735M YoY+9.7%	670M YoY+10.9%	604M YoY+12.8%	536M YoY+12.1%	478M YoY+11.2%
Share-based compensation	12.7M YoY+18.9%	10.7M YoY+5.2%	10.2M YoY-5.3%	10.7M YoY-4.5%	11.3M YoY+17.4%
Deferred income taxes	269M YoY+55.5%	173M YoY+59.6%	108M YoY+101.7%	53.7M YoY-65.5%	155M YoY+0.0%
Change in receivables	1.42M YoY-96.5%	40.9M YoY+187.3%	-46.9M YoY-236.5%	34.3M YoY-69.8%	114M YoY+1685.9%
Change in inventory	2.25M YoY+102.9%	-76.3M YoY+31.9%	-112M YoY-162.3%	180M YoY+171.8%	66.2M YoY+463.8%
	-3.56B YoY-21.8%	-2.92B YoY-4.6%	-2.80B YoY-15.0%	-2.43B YoY-23.7%	-1.96B YoY-2.0%
Capital expenditure	3.56B YoY+21.3%	2.94B YoY+4.7%	2.81B YoY+14.8%	2.44B YoY+24.1%	1.97B YoY+1.7%
Free cash flow	-1.51B YoY-25.6%	-1.20B YoY-284.1%	654M YoY+144.6%	-1.47B YoY+52.0%	-3.05B YoY-240.2%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Purchases of investments	34.3M YoY+73.9%	19.7M YoY-57.8%	46.8M YoY+65.4%	28.3M YoY-43.3%	49.9M YoY-1.3%
Sales/maturities of investments	22.8M YoY+89.2%	12.1M YoY-9.7%	13.3M YoY-51.6%	27.6M YoY-4.4%	28.9M YoY+54.5%
Other investing activities	-4.37M YoY+72.8%	-16.1M YoY+15.5%	-19.0M YoY-84.7%	-10.3M YoY+13.9%	-12.0M YoY-23.7%
	1.41B YoY-4.9%	1.48B YoY+312.2%	-697M YoY-150.2%	1.39B YoY-55.9%	3.14B YoY+255.7%
Long-term debt issued	1.14B YoY-7.8%	1.24B YoY+55.6%	797M YoY-0.2%	799M YoY-71.4%	2.80B YoY+179.9%
Long-term debt repaid	0.00	0.00 YoY-100.0%	2.20B YoY+1000.0%	200M	0.00
Net short-term debt	0.00 YoY+100.0%	-242M YoY-524.7%	57.0M YoY-69.2%	185M	0.00 YoY+100.0%
Common stock issued	698M YoY-6.9%	750M YoY-7.1%	807M YoY+3.9%	777M YoY+28.0%	607M YoY-2.8%
Common stock repurchased	0.00	0.00	0.00	0.00	0.00
Dividends paid	554M YoY+12.3%	493M YoY+14.5%	430M YoY+14.5%	376M YoY+16.1%	324M YoY+14.7%
Other financing activities	-1.07M YoY+5.8%	-1.13M	0.00 YoY+100.0%	-1.74M	0.00
Net change in cash	-105M YoY-136.3%	290M YoY+996.5%	-32.3M YoY+50.4%	-65.2M YoY-167.9%	95.9M YoY+2663.2%
Interest paid	155M YoY-5.0%	164M YoY+38.7%	118M YoY+19.8%	98.4M YoY+20.1%	81.9M YoY-0.5%
Income taxes paid	4.45M YoY-71.0%	15.3M YoY+2.5%	15.0M YoY-5.0%	15.8M YoY+92.2%	8.20M YoY+367.0%
Valuation Ratios	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
Market cap	27.6B YoY+28.1%	21.6B YoY+37.1%	15.7B YoY+9.6%	14.4B YoY+22.9%	11.7B YoY-2.9%
P/E	23.0× YoY+11.4%	20.7× YoY+10.3%	18.7× YoY+1.2%	18.5× YoY+5.6%	17.5× YoY-12.3%
P/S	5.9× YoY+13.4%	5.2× YoY+45.1%	3.6× YoY+4.4%	3.4× YoY-0.4%	3.4× YoY-19.6%
P/B	2.0× YoY+14.8%	1.8× YoY+19.5%	1.5× YoY-2.6%	1.5× YoY+3.1%	1.5× YoY-16.6%
P/FCF	—	—	33.6×	—	—
	4.3% YoY-10.3%	4.8% YoY-9.3%	5.3% YoY-1.1%	5.4% YoY-5.3%	5.7% YoY+14.0%
	—	—	3.0%	—	—
	2.0% YoY-12.2%	2.3% YoY-16.9%	2.8% YoY+4.6%	2.7% YoY-5.8%	2.8% YoY+17.8%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: ATO's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ATO filings on SEC EDGAR → Not investment advice.