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Atmos Energy ATO Transportation revenues — Operating revenues

Other product segments

Other gas revenues
$26.39M+121%

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Other financials

Income statement

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Revenue$879.1M+4.8%
Gross profit$1.2B+14.5%
Operating income$320.4M+27.1%
Net income$242.7M+30.2%
EPS (diluted)$1.43+23.3%

Balance sheet

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Cash & equivalents$525.8M-26.3%
Total debt$10.9B+20.9%
Total equity$15.3B+14.0%
Total assets$31.6B+14.0%

Cash flow

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Operating cash flow$639.9M+28.9%
CapEx$1.0B+19.9%
Free cash flow-$399.4M-7.8%

Valuation

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Market cap$28.74B+15.2%
Enterprise value$39.15B+17.7%
P/E20.5×-1.0×
P/S5.8×+0.4×

Profitability

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Gross margin75.1%+15.5pp
Operating margin37%+4.0pp
Net margin28.5%+3.5pp
FCF margin-41.1%+17.8pp

Returns & leverage

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Return on equity9.8%+0.7pp
Debt / equity0.7×0.0×
Current ratio0.8×-0.6×

Where this comes from

Reported directly by Atmos Energy in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Atmos Energy’s 10-K, filed November 14, 2025.

Filed
Nov 14, 2025
Fiscal year
FY2025
Accession
0000731802-25-000056
Line itemYear Ended September 30 / 2025Year Ended September 30 / 2024Year Ended September 30 / 2023
Distribution segment$4,425,397$3,915,141$4,099,690
Pipeline and storage segment1,065,300938,029785,174
Intersegment eliminations(787,942)(687,983)(609,507)
Total operating revenues4,702,7554,165,1874,275,357
Purchased gas cost
Distribution segment1,854,3231,620,5152,061,920
Pipeline and storage segment(1,346)146(1,220)
Intersegment eliminations(786,923)(686,968)(608,527)

ITEM 8. Financial Statements and Supplementary Data.

FAQ

What is Atmos Energy's transportation revenues — operating revenues?
Atmos Energy (ATO) reported transportation revenues — operating revenues of $37.46M in Q3 2025.
How has Atmos Energy's transportation revenues — operating revenues changed year-over-year?
Atmos Energy's transportation revenues — operating revenues increased by 13.0% year-over-year, from $33.15M to $37.46M.
What is the long-term trend for Atmos Energy's transportation revenues — operating revenues?
Over 4 years (2021 to 2025), Atmos Energy's transportation revenues — operating revenues has grown at a 9.2% compound annual growth rate (CAGR), from $105.55M to $149.85M.
What does transportation revenues — operating revenues mean?
This metric captures the total operating revenues derived from the transportation segment of the business. It serves as a primary measure of the segment's top-line financial performance and its contribution to the overall utility operations. This figure encompasses all revenue streams associated with the movement of natural gas through the company's owned or operated pipeline networks.

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