Atmos Energy Corporation (ATO)
Net profit margin
Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 1,042,900 | 885,862 | 774,398 | 665,563 | 601,443 |
Revenue | US$ in thousands | 4,165,190 | 4,275,360 | 4,201,660 | 3,407,490 | 2,821,140 |
Net profit margin | 25.04% | 20.72% | 18.43% | 19.53% | 21.32% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,042,900K ÷ $4,165,190K
= 25.04%
The net profit margin of Atmos Energy Corporation has shown a generally positive trend over the past five years, increasing from 21.32% in 2020 to 25.04% in 2024. This indicates that the company has been able to improve its efficiency in generating profits relative to its revenue. The 25.04% net profit margin in 2024 suggests that for every dollar of revenue generated by the company, it was able to retain $0.25 as profit after accounting for all expenses. This indicates strong profitability and effective cost management by Atmos Energy Corporation. Overall, the increasing trend in net profit margin reflects positively on the company's financial performance and operational effectiveness over the period analyzed.
Peer comparison
Sep 30, 2024