Filing Flows › Atmos Energy (ATO) › Q4 FY24
Atmos Energy (ATO) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Nov 18, 2024
Atmos Energy (ATO) reported revenue of $658M for the fourth quarter fiscal 2024 (Q4 FY24), +12% from a year earlier and -6% from the quarter before. Operating margin was 28.1%, net earnings $134M (20.4% of revenue).
Atmos Energy, Q4 FY24: revenue $658M (+12% year over year), operating margin 28.1%, net earnings $134M, operating cash flow $331M. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $658M | -6% | +12% |
| Operating profit | $185M | -16% | +20% |
| Net earnings | $134M | -19% | +13% |
| Operating cash flow | $331M | -20% | +39% |
What changed
Revenue was $657.9M in Q4 FY24, up 12% year over year and down 6% from the previous quarter. Distribution was the largest line at 89% of revenue.
Operating profit was $185.0M, a 28.1% margin (up 1.9 points year over year). Of the extra revenue versus a year earlier, 44% reached operating profit, above the 26% margin then. Total costs grew 9% against revenue growth of 12%. Net earnings were $134.0M, up 13% year over year. The effective tax rate was 15.9%.
Operating cash flow was $330.7M (up 39% year over year), 247% of net earnings. Non-cash charges added back $173.4M of depreciation and amortization. Working capital and other items added $23.2M. Capital expenditures of $808.0M exceeded it, leaving free cash flow of −$477.3M.
Questions
What was Atmos Energy's revenue in the fourth quarter fiscal 2024?
Atmos Energy (ATO) reported revenue of $658M for the fourth quarter fiscal 2024 (Q4 FY24), +12% from a year earlier and -6% from the quarter before.
Was Atmos Energy profitable in the fourth quarter fiscal 2024?
Operating profit was $185M (28.1% of revenue) and net earnings $134M.
Source: Atmos Energy 10-K on SEC EDGAR.