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Dec 31, 2021

Atmos Q1 2022 Earnings Report

Atmos Energy reported earnings for the fiscal 2022 first quarter and affirmed fiscal 2022 guidance.

Key Takeaways

Atmos Energy Corporation reported a consolidated net income of $249.2 million, or $1.86 per diluted share, for the three months ended December 31, 2021. The company affirms its fiscal 2022 earnings per diluted share guidance of $5.40 to $5.60 and capital expenditures in the range of $2.4 billion to $2.5 billion.

Earnings per diluted share was $1.86 for the three months ended December 31, 2021.

Consolidated net income was $249.2 million for the three months ended December 31, 2021.

Capital expenditures totaled $684.2 million for the three months ended December 31, 2021, with approximately 88 percent related to system safety and reliability investments.

The company's Board of Directors has declared a quarterly dividend of $0.68 per common share, representing an 8.8% increase over fiscal 2021.

Total Revenue
$1.01B
Previous year: $914M
+10.8%
EPS
$1.86
Previous year: $1.71
+8.8%
Capital Expenditures
$684M
Previous year: $457M
+49.8%
Operating Cash Flow
$61.8M
Equity Capitalization Ratio
51%
Previous year: 58.5%
-12.8%
Gross Profit
$483M
Previous year: $488M
-1.0%
Cash and Equivalents
$264M
Previous year: $458M
-42.3%
Total Assets
$20.5B
Previous year: $16.5B
+24.7%

Atmos

Atmos

Atmos Revenue by Segment

Forward Guidance

Earnings per diluted share for fiscal 2022 is expected to be in the previously announced range of $5.40 to $5.60. Capital expenditures are expected to be in the range of $2.4 billion to $2.5 billion in fiscal 2022.

Revenue & Expenses

Visualization of income flow from segment revenue to net income