Atmos Energy Corporation (ATO)
Profitability ratios
Return on sales
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 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% | 70.40% | 69.40% | 66.85% |
| Operating profit margin | 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% | 25.71% | 25.73% | 25.14% |
| Pretax margin | 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% | 22.41% | 22.19% | 21.40% |
| Net profit margin | 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% | 17.62% | 16.94% | 16.19% |
Atmos Energy Corp. has shown an improving trend in profitability ratios over the quarters. The gross profit margin has been consistently increasing, indicating the company's ability to control production costs and generate revenue. The operating profit margin, which reflects efficiency in managing operating expenses, has also been on an upward trajectory. Furthermore, the company's pretax margin and net profit margin have demonstrated steady growth, indicating effective cost management and revenue generation.
Overall, Atmos Energy Corp.'s profitability ratios suggest a positive trend of improving operational efficiency and profitability over the quarters considered. The company's ability to maintain and increase its profit margins indicates a strong financial performance and effective management of its resources.
Return on investment
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 5.58% | 5.80% | 5.91% |
| Return on assets (ROA) | 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% | 3.83% | 3.82% | 3.81% |
| Return on total capital | 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% | 8.12% | 8.10% | 8.19% |
| Return on equity (ROE) | 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% | 8.89% | 8.72% | 8.76% |
Atmos Energy Corp.'s profitability ratios show a consistent performance trend over the quarters. The operating return on assets (Operating ROA) has been relatively stable, ranging from 4.14% to 4.83%. This indicates the company's ability to generate operating income relative to its total assets.
The return on assets (ROA) has also remained steady, fluctuating between 3.41% and 3.93%. This ratio reflects the company's overall efficiency in generating profits from its assets. The Return on total capital has shown a similar pattern, ranging from 5.20% to 6.09%, demonstrating the company's ability to generate returns for both equity and debt holders.
Atmos Energy Corp.'s return on equity (ROE) has been quite consistent as well, fluctuating between 8.07% and 8.22%. This ratio highlights the company's effectiveness in generating returns for its shareholders.
Overall, the profitability ratios of Atmos Energy Corp. indicate a stable and satisfactory performance in terms of generating profits from its assets and equity.