Atmos Historical Income Statement

ATO
 Stock
  

USD 113.89  0.71  0.62%   

Historical analysis of Atmos Energy income statement accounts such as Consolidated Income of 634.4 M, Cost of Revenue of 1.2 B or Earning Before Interest and Taxes EBIT of 929 M can show how well Atmos Energy Corp performed in making a profits. Evaluating Atmos Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Atmos Energy's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Atmos Energy Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Atmos Energy Corp is a good buy for the upcoming year.
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About Atmos Income Statement Analysis

Atmos Energy Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Atmos Energy shareholders. The income statement also shows Atmos investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Atmos Energy Income Statement Chart

Atmos Energy Corp Income Statement is one of the three primary financial statements used for reporting Atmos's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Atmos Energy Corp revenue and expense. Atmos Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Atmos Energy Direct Expenses is quite stable at the moment as compared to the past year. The company's current value of Direct Expenses is estimated at 1.74 Billion. Cost of Revenue is expected to rise to about 1.2 B this year, although the value of Consolidated Income will most likely fall to about 634.4 M.

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income Available to Non-controlling Interests.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Atmos Energy Corp financial statement analysis. It represents the amount of money remaining after all of Atmos Energy Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Revenues

Revenues refers to the total amount of money received by Atmos Energy for goods sold or services provided during a certain time period. It also includes all of Atmos Energy Corp sales as well as any other increase in Atmos Energy Corp equity.Revenues are reported on Atmos Energy Corp income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
Most accounts from Atmos Energy income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Atmos Energy Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please continue to Trending Equities.Atmos Energy Direct Expenses is quite stable at the moment as compared to the past year. The company's current value of Direct Expenses is estimated at 1.74 Billion. Cost of Revenue is expected to rise to about 1.2 B this year, although the value of Consolidated Income will most likely fall to about 634.4 M.
 2019 2020 2021 2022 (projected)
Consolidated Income601.44 M665.56 M765.4 M634.44 M
Direct Expenses658.85 M1.03 B1.19 B1.74 B

Atmos Energy income statement Correlations

Atmos Energy Account Relationship Matchups

Atmos Energy income statement Accounts

201720182019202020212022 (projected)
Direct Expenses1.17 B858.84 M658.85 M1.03 B1.19 B1.74 B
Consolidated Income603.06 M511.41 M601.44 M665.56 M765.4 M634.44 M
Cost of Revenue1.17 B858.84 M658.85 M1.03 B929.45 M1.16 B
Earning Before Interest and Taxes EBIT717.79 M753.46 M831.27 M902.85 M1.04 B928.96 M
Earning Before Interest and Taxes USD717.79 M753.46 M831.27 M902.85 M1.04 B928.96 M
Gross Profit1.95 B2.04 B2.16 B2.37 B2.73 B2.45 B
Interest Expense106.65 M103.15 M84.47 M83.55 M75.2 M88.52 M
Net Income603.06 M511.41 M601.44 M665.56 M765.4 M634.44 M
Net Income Common Stock603.06 M511.41 M601.44 M665.56 M765.4 M634.44 M
Net Income Common Stock USD603.06 M511.41 M601.44 M665.56 M765.4 M634.44 M
Operating Expenses1.22 B1.3 B1.34 B1.47 B1.69 B1.53 B
Operating Income727.93 M746.06 M824.1 M905 M1.04 B926.38 M
Revenues3.12 B2.9 B2.82 B3.41 B3.07 B3.03 B
Revenues USD3.12 B2.9 B2.82 B3.41 B3.07 B3.03 B
Selling General and Administrative Expense263.89 M275.19 M278.75 M312.78 M359.7 M325.15 M
Weighted Average Shares111.01 M117.2 M122.79 M129.78 M149.25 M139.64 M
Weighted Average Shares Diluted111.01 M117.46 M122.87 M129.83 M149.31 M139.84 M
Income Tax Expense8.08 M138.9 M145.35 M153.74 M176.8 M176.65 M

Atmos Energy Investors Sentiment

The influence of Atmos Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Atmos. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Atmos Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Atmos Energy's short interest history, or implied volatility extrapolated from Atmos Energy options trading.

Pair Trading with Atmos Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atmos Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atmos Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atmos Energy

0.81NJRNewjersey Resources Corp Fiscal Year End 17th of November 2022 PairCorr
The ability to find closely correlated positions to Atmos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atmos Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atmos Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atmos Energy Corp to buy it.
The correlation of Atmos Energy is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atmos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atmos Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Atmos Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. Note that the Atmos Energy Corp information on this page should be used as a complementary analysis to other Atmos Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Atmos Energy Corp price analysis, check to measure Atmos Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atmos Energy is operating at the current time. Most of Atmos Energy's value examination focuses on studying past and present price action to predict the probability of Atmos Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atmos Energy's price. Additionally, you may evaluate how the addition of Atmos Energy to your portfolios can decrease your overall portfolio volatility.
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Is Atmos Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atmos Energy. If investors know Atmos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atmos Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Atmos Energy Corp is measured differently than its book value, which is the value of Atmos that is recorded on the company's balance sheet. Investors also form their own opinion of Atmos Energy's value that differs from its market value or its book value, called intrinsic value, which is Atmos Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atmos Energy's market value can be influenced by many factors that don't directly affect Atmos Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atmos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Atmos Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atmos Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.