Atmos Energy Corporation (ATO)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 52.65% | 64.58% | 75.08% | 73.35% | 66.03% | 62.82% | 59.58% | 56.14% | 59.95% | 61.07% | 63.16% | 68.18% | 69.69% | 70.82% | 71.70% | 77.26% | 76.65% | 76.54% | 76.29% | 71.94% |
| Operating profit margin | 32.54% | 32.34% | 31.40% | 28.99% | 24.96% | 23.09% | 21.99% | 20.68% | 21.92% | 22.40% | 23.08% | 25.16% | 26.56% | 27.61% | 28.75% | 30.42% | 29.21% | 29.14% | 28.61% | 26.29% |
| Pretax margin | 29.67% | 29.64% | 28.81% | 26.81% | 23.38% | 21.46% | 20.47% | 19.11% | 20.28% | 20.44% | 20.96% | 22.85% | 24.04% | 25.44% | 26.60% | 27.95% | 26.47% | 26.30% | 25.56% | 23.45% |
| 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% |
Atmos Energy Corporation's profitability ratios show fluctuating trends over the past few quarters.
- Gross profit margins have varied, ranging from 52.65% to 77.26%. There was a noticeable decrease in the most recent quarter compared to the peak in previous periods. This suggests changes in the cost structure or pricing strategy of the company.
- Operating profit margins have also been inconsistent, with values between 20.68% and 32.54%. The margins have generally increased over the quarters, indicating efficient cost management and operational performance.
- Pretax margins exhibit a similar pattern, fluctuating between 19.11% and 29.67%. The margins have shown a positive trend, possibly due to effective tax planning strategies or revenue generation.
- Net profit margins have fluctuated between 17.06% and 25.09%. The margins have generally shown an upward trajectory, indicating effective management of both operating expenses and taxes, leading to increased profitability.
Overall, while the company has experienced some fluctuations in its profitability ratios, it has shown an overall positive trend in improving its margins over the quarters, reflecting effective cost control and operational efficiency efforts.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.38% | 5.32% | 5.30% | 4.83% | 4.74% | 4.68% | 4.71% | 4.14% | 4.15% | 4.19% | 4.16% | 4.29% | 4.62% | 4.74% | 4.74% | 5.28% | 5.37% | 5.47% | 5.41% | 5.30% |
| Return on assets (ROA) | 4.14% | 4.13% | 4.16% | 3.91% | 3.93% | 3.85% | 3.89% | 3.41% | 3.49% | 3.47% | 3.41% | 3.39% | 3.39% | 3.53% | 3.59% | 3.89% | 3.92% | 4.00% | 3.79% | 3.70% |
| Return on total capital | 7.13% | 7.20% | 7.29% | 6.64% | 6.99% | 6.60% | 6.60% | 5.72% | 5.84% | 5.52% | 5.25% | 5.21% | 5.65% | 5.84% | 5.97% | 6.50% | 6.71% | 6.91% | 7.24% | 7.08% |
| Return on equity (ROE) | 8.58% | 8.43% | 8.60% | 8.21% | 8.15% | 7.91% | 8.13% | 8.10% | 8.22% | 8.11% | 8.07% | 8.41% | 8.42% | 8.78% | 8.92% | 8.88% | 8.86% | 9.20% | 8.84% | 8.69% |
Atmos Energy Corporation's profitability ratios show a consistent performance over the past few quarters. The operating return on assets (Operating ROA) has been relatively stable, averaging around 4.5% to 5.5%, indicating the company's ability to generate operating income relative to its total assets. The Return on Assets (ROA) has also shown a consistent trend, averaging around 3.5% to 4.2%, reflecting the company's overall profitability in generating net income from its assets.
The Return on Total Capital has shown a slightly increasing trend, ranging from 5.5% to 7.3%, highlighting the company's ability to generate returns for both equity and debt holders. The Return on Equity (ROE) has been relatively stable, averaging around 8%, demonstrating the company's ability to generate profits for its shareholders.
Overall, Atmos Energy Corporation's profitability ratios indicate a sound financial performance in terms of generating returns on assets, capital, and equity over the analyzed period.