Atmos Energy Beats Q4 Earnings Estimates, Provides Long-Term Guidance

By Zacks Equity Research | November 06, 2025, 1:08 PM

Atmos Energy ATO posted fourth-quarter fiscal 2025 earnings of $1.07 per share, which beat the Zacks Consensus Estimate of $1.01 by 5.9%. The bottom line improved 24.4% from the year-ago quarter’s 86 cents.

For fiscal 2025, Atmos Energy’s earnings per share were $7.46 on net income of $1.2 billion.

Highlights of ATO’s Release

Operating income in the fiscal fourth quarter was $219.5 million compared with $185 million in the year-ago quarter.

In fiscal 2025, new rates worth $333.6 million were implemented and in year-to-date fiscal 2026, rates worth $146.3 million were implemented.

ATO reported net income of $175 million in the fiscal fourth quarter compared with $134 million in the year-ago quarter.

Atmos Energy Corporation Price, Consensus and EPS Surprise

Atmos Energy Corporation Price, Consensus and EPS Surprise

Atmos Energy Corporation price-consensus-eps-surprise-chart | Atmos Energy Corporation Quote

ATO’s Segmental Details

Distribution: Net income totaled $55 million, highlighting a 34.1% increase from $41 million in the year-ago quarter.

Pipeline and Storage: Income amounted to $120 million, reflecting a 29% increase from $93 million reported in the year-ago quarter.

ATO’s Financial Highlights

As of Sept. 30, 2025, Atmos Energy reported a strong balance sheet with approximately $4.9 billion in available liquidity.

During fiscal 2025, issued two tranches of long-term debt having a combined value of $1.15 billion.

In fiscal 2025, the company invested nearly $3.56 billion, with 87% of the amount allocated for improving the safety and reliability of its distribution and transportation systems.

ATO’s Guidance

Atmos Energy initiates fiscal 2026 guidance in the range of $8.15-$8.45 per share. The Zacks Consensus Estimate is pegged at $7.91 per share, lower than the company’s guided range.

ATO also anticipates its fiscal 2026 capital expenditure to be $4.2 billion.

ATO's board of directors has declared a quarterly dividend of $1.00 per common share. The indicated annual dividend for fiscal 2026 is $4.00, which represents a 14.9% increase over fiscal 2025.

ATO plans to invest $26 billion from fiscal 2026 to 2030 to further strengthen its existing operations.

ATO’s Zacks Rank

The company currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Recent Releases

ONE Gas, Inc. OGS reported third-quarter 2025 operating earnings per share (EPS) of 44 cents, in line with the Zacks Consensus Estimate.

OGS’ long-term (three to five years) earnings growth rate is 5.81%. The Zacks Consensus Estimate for 2025 EPS is pinned at $4.36, reflecting year-over-year growth of 11.51%.

Sempra Energy SRE reported third-quarter 2025 adjusted EPS of $1.11, which beat the Zacks Consensus Estimate of 93 cents by 19.4%. 

SRE’s long-term earnings growth rate is 7.16%. The Zacks Consensus Estimate for 2025 EPS is pinned at $4.53, reflecting a year-over-year decline of 2.58%.

Southwest Gas Holdings Inc. SWX recorded third-quarter 2025 operating earnings of 6 cents per share, which missed the Zacks Consensus Estimate of 9 cents by 33.3%. 

SWX’s long-term earnings growth rate is 9.66%. The Zacks Consensus Estimate for 2025 EPS is pinned at $3.63, reflecting year-over-year growth of 14.87%.

 

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Sempra Energy (SRE): Free Stock Analysis Report
 
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This article originally published on Zacks Investment Research (zacks.com).

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