Atmos Energy Corporation (ATO)

Net profit margin

		Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Net income	US$ in thousands	885,862	774,398	665,563	601,443	511,406
Revenue	US$ in thousands	4,275,360	4,201,660	3,407,490	2,821,140	2,901,850
Net profit margin		20.72%	18.43%	19.53%	21.32%	17.62%

September 30, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $885,862K ÷ $4,275,360K
= 20.72%

The net profit margin of Atmos Energy Corp. has shown some fluctuations over the past five years. In 2023, the net profit margin increased to 20.71% from 18.42% in 2022, indicating an improvement in the company's ability to generate profit from its revenue. However, it is worth noting that the net profit margin was slightly higher in 2020 at 21.30%. Overall, the company has maintained a relatively healthy net profit margin, demonstrating its efficiency in managing costs and generating net income in relation to its total revenue.