Atmos Energy (ATO) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter declined compared to the immediately preceding period, but increased relative to the same quarter one year earlier. The sequential decrease contrasts with the year-over-year growth, reflecting a mixed performance.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q4
Revenue for the quarter declined compared to the immediately preceding period, but increased relative to the same quarter one year earlier. The sequential decrease contrasts with the year-over-year growth, reflecting a mixed performance.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$657.9M
Revenue reported for this quarter.
Quarter-over-quarter
-6.2%
Change from the immediately preceding quarter.
Year-over-year
+12.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $1.2B | -21.9% |
| Mar 31, 2024 | $1.6B | +6.9% |
| Jun 30, 2024 | $701.5M | +5.9% |
| Sep 30, 2024 | $657.9M | +12.0% |
Revenue performance
The reported revenue moved lower from the prior quarter, while showing an improvement over the comparable quarter last year.
Quarterly comparison
Sequentially, revenue fell from the previous quarter's level. On an annual basis, revenue rose compared to the same quarter a year ago.
What to watch
The revenue trend over the past four quarters shows a pattern of alternating highs and lows, with the latest quarter being the lowest but still above the prior year's same quarter.