Atmos Energy Corporation (ATO)

Operating profit margin

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Operating income	US$ in thousands	1,355,360	1,067,150	920,982	904,998	824,099
Revenue	US$ in thousands	4,165,190	4,275,360	4,201,660	3,407,490	2,821,140
Operating profit margin		32.54%	24.96%	21.92%	26.56%	29.21%

September 30, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $1,355,360K ÷ $4,165,190K
= 32.54%

The operating profit margin of Atmos Energy Corporation has shown a generally positive trend over the past five years. In the most recent fiscal year ending on September 30, 2024, the operating profit margin increased significantly to 32.54%, reflecting a strong ability to control operating expenses relative to sales. This improvement marks a notable increase from the previous year's operating profit margin of 24.96%.

Comparing to the fiscal year 2022 and 2021, where the operating profit margins were 21.92% and 26.56% respectively, the company has successfully increased its operational efficiency and profitability. However, it's worth noting that the operating profit margin was highest in the fiscal year 2020 at 29.21%, indicating a slightly lower level of profitability in the most recent period.

Overall, the increasing trend in operating profit margin demonstrates improved operational performance and cost management by Atmos Energy Corporation in recent years, although there has been some fluctuation in profitability levels. This metric suggests that the company is effectively balancing its operating costs with its revenue generation to enhance overall profitability.