Monday 2 November 2026 Export ATO’s income statement to Excel — free account

Atmos Energy Corporation

Atmos Energy Corporation’s revenue for fiscal 2025 (year ended September 2025) was $4.7 billion, up 12.9% from fiscal 2024.

Revenue: +4.80%
EPS: +23.1%
Free cash flow: −7.79%
Total debt: +14.7%

Quarter to June 2026, against a year earlier

174.58 2.17 +1.26%

Follow ATO

Alert me

Market cap: $29.1B
P/E: 20.6×
Fwd P/E: 20.4×
Dividend yield: 2.29%
F-score: 5/9
Altman Z: 1.68
Beneish M: −2.62
Dividend safety: 48/100

Overview Business Profile Earnings & Analysis Segments Filings

Atmos Energy Corporation (ATO) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Distribution segment	4,362	92.75%
Pipeline and storage segment	1,132	24.07%
Gross margin		77.33%
Operating margin		33.17%
Pre-tax margin		31.43%

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Distribution segment	4,362 92.75%	3,847 92.36%	4,052 94.77%	4,007 95.37%	3,253 95.47%	2,604 92.31%	2,756 94.99%	3,000 96.30%	2,649 95.99%	2,340 95.32%
Pipeline and storage segment	1,132 24.07%	999 23.98%	824 19.28%	721 17.16%	661 19.39%	647 22.92%	632 21.77%	508 16.30%	457 16.56%	427 17.40%
Natural Gas Marketing	—	—	—	—	—	—	—	—	0 0.00%	0 0.00%
Eliminations	(791) (16.82%)	(681) (16.34%)	(601) (14.05%)	(526) (12.53%)	(506) (14.86%)	(430) (15.23%)	(486) (16.76%)	(393) (12.60%)	(346) (12.55%)	(312) (12.72%)
Revenue	4,703	4,165	4,275	4,202	3,407	2,821	2,902	3,116	2,760	2,455

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Distribution segment	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Pipeline and storage segment	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Natural Gas Marketing	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Distribution customers	Q3 FY2026	3.4M	3.3M	+3.03%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024
Distribution customers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.