Atmos Energy Corporation (ATO)

Net profit margin

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Net income (ttm)	US$ in thousands	1,042,895	1,027,403	999,646	925,294	885,862	838,981	829,721	797,049	774,398	751,475	725,339	697,094	665,563	682,176	697,556	640,448	601,443	594,516	557,191	532,433
Revenue (ttm)	US$ in thousands	4,165,193	4,094,891	4,056,075	3,949,815	4,275,355	4,410,341	4,564,037	4,672,887	4,201,667	4,047,423	3,836,547	3,505,797	3,407,487	3,314,017	3,201,459	2,860,054	2,821,137	2,789,906	2,782,649	2,899,624
Net profit margin		25.04%	25.09%	24.65%	23.43%	20.72%	19.02%	18.18%	17.06%	18.43%	18.57%	18.91%	19.88%	19.53%	20.58%	21.79%	22.39%	21.32%	21.31%	20.02%	18.36%

September 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,042,895K ÷ $4,165,193K
= 25.04%

Over the past few years, Atmos Energy Corporation has shown a consistent and strong performance in terms of net profit margin. The net profit margin has been steadily increasing from 18.36% in December 2019 to 25.04% in September 2024. This indicates that the company has been effectively managing its expenses relative to its revenue, resulting in a higher percentage of profits generated from its operations.

The upward trend in net profit margin reflects the company's ability to control costs, increase operational efficiency, or potentially raise prices without a significant impact on sales volume. It also suggests that Atmos Energy Corporation has been successful in generating more profits for each dollar of sales over the years, which is a positive sign of financial health and performance.

Overall, the consistent improvement in net profit margin for Atmos Energy Corporation showcases its strength in managing its financial resources and optimizing its profitability over the analyzed period.