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ATMOS ENERGY CORP FY 2025 10-K, explained in plain English

ATO · 10-K for the period ending September 30, 2025, filed November 14, 2025 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$4.7B
Gross margin— not reported
Operating income$1.6B
Net income$1.2B
Diluted EPS$7.46
Cash & equivalents$202.7M
Total assets$28.2B
Long-term debt$8.9B

Key takeaway

Atmos Energy reported $4.70 billion in revenue and $1.20 billion in net income for fiscal year 2025, translating to diluted EPS of $7.46.

🔒 4 more takeaways in the full analysis

Beneath the surface

Cash of only $202.7 million against $8.9 billion in debt (per DebtInstrumentCarryingAmount) shows a heavily leveraged balance sheet typical of a capital-intensive regulated utility, with liquidity needs met via credit markets rather than cash reserves.

🔒 3 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 7 more findings — plus insider trades, activist stakes, and 8-K events for ATO.

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