Atmos Energy (ATO) Q4 FY25 earnings call

Atmos Energy concluded fiscal 2025 with robust financial and operational performance, extending its streak of EPS and dividend growth. The company introduced a rebased EPS guidance for fiscal 2026, reflecting the positive impact of Texas House Bill 4384, which significantly accelerates capital recovery. A substantial $26 billion 5-year capital plan underscores continued investment in system modernization and safety, supporting anticipated 6-8% annual EPS growth and dividend increases.