Logotype for Atmos Energy Corporation

Atmos Energy (ATO) investor relations material

Atmos Energy Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Atmos Energy Corporation
Q4 2025 earnings summary6 Nov, 2025

Executive summary

  • Reported diluted EPS of $7.46 and net income of $1.2 billion for fiscal 2025, marking 23 consecutive years of EPS growth and 41 years of dividend growth.

  • Capital expenditures reached $3.6 billion, with 87% allocated to safety and reliability initiatives.

  • Maintained strong liquidity of $4.9 billion and equity capitalization at 60% as of year-end.

  • Added 57,000 residential, 3,200 commercial, and 29 industrial customers in fiscal 2025, with significant growth in Texas.

  • Achieved $333.6 million in annualized regulatory outcomes and completed major rate cases.

Financial highlights

  • Fiscal 2025 EPS was $7.46, including a $0.12 benefit from Texas House Bill 4384.

  • Net income totaled $1,199 million, up from $1,043 million in 2024.

  • Consolidated capital spending reached $3.6 billion, with 87% dedicated to safety and reliability.

  • Rate base increased 14% to $21 billion as of September 30.

  • Distribution segment operating income increased by $108.9 million to $963.4 million; Pipeline & Storage segment rose by $95.7 million to $596.6 million.

Outlook and guidance

  • Fiscal 2026 EPS guidance set at $8.15–$8.35, with net income guidance of $1,380–$1,400 million.

  • Five-year plan through 2030 targets $26 billion in capital investment, with 85% allocated to safety and reliability.

  • Anticipated EPS growth of 6%-8% annually from the 2026 midpoint, targeting $10.80–$11.20 by 2030.

  • Fiscal 2026 annual dividend set at $4.00, a 14.9%–15% increase, with future growth in line with EPS.

  • Fiscal 2026 capital expenditure guidance is approximately $4.2 billion.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Atmos Energy earnings date

Logotype for Atmos Energy Corporation
Q1 20264 Feb, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Atmos Energy earnings date

Logotype for Atmos Energy Corporation
Q1 20264 Feb, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Atmos Energy Corporation engages in the regulated natural gas distribution, and pipeline and storage businesses in the United States. It distributes natural gas to 1.5 million residential, commercial, public authority, and industrial customers. The company also operates a natural gas intrastate pipeline system and underground storage facilities located in Alabama, Louisiana, Mississippi, and Texas. In addition, it provides wholesale natural gas services to municipalities, local distribution companies, electric cooperatives and power generation plants, industrial end-users, marketers and producers of natural gas, end-users eligible under the Natural Gas Policy Act of 1978 (NGPA), and other non-affiliated local distribution companies.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage