ATMOS ENERGY CORP Earnings Per Share Disclosure
| 2025 | 2024 | 2023 | |||||||||||||||
| (In thousands, except per share data) | |||||||||||||||||
| Basic Earnings Per Share | |||||||||||||||||
| Net income | $ | 1,198,754 | $ | 1,042,895 | $ | 885,862 | |||||||||||
| Less: Income allocated to participating securities | 487 | 553 | 542 | ||||||||||||||
| Net income available to common shareholders | $ | 1,198,267 | $ | 1,042,342 | $ | 885,320 | |||||||||||
| Basic weighted average shares outstanding | 158,943 | 152,508 | 145,121 | ||||||||||||||
| Net income per share — Basic | $ | 7.54 | $ | 6.83 | $ | 6.10 | |||||||||||
| Diluted Earnings Per Share | |||||||||||||||||
| Net income available to common shareholders | $ | 1,198,267 | $ | 1,042,342 | $ | 885,320 | |||||||||||
| Effect of dilutive shares | — | — | — | ||||||||||||||
| Net income available to common shareholders | $ | 1,198,267 | $ | 1,042,342 | $ | 885,320 | |||||||||||
| Basic weighted average shares outstanding | 158,943 | 152,508 | 145,121 | ||||||||||||||
| Dilutive shares | 1,630 | 158 | 45 | ||||||||||||||
| Diluted weighted average shares outstanding | 160,573 | 152,666 | 145,166 | ||||||||||||||
| Net income per share — Diluted | $ | 7.46 | $ | 6.83 | $ | 6.10 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Nov 14, 2025 | Showing above |
| 2024 | Nov 18, 2024 | |
| 2023 | Nov 14, 2023 | |
| 2022 | Nov 14, 2022 | |
| 2021 | Nov 12, 2021 | |
| 2020 | Nov 13, 2020 | |
| 2019 | Nov 12, 2019 | |
| 2018 | Nov 13, 2018 | |
| 2017 | Nov 13, 2017 | |
| 2016 | Nov 14, 2016 | |
| 2015 | Nov 6, 2015 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.