• Atmos Energy average return on tangible equity for 2024 was 9.6, a 4.01% increase from 2023.
• Atmos Energy average return on tangible equity for 2023 was 9.23, a 2.33% increase from 2022.
• Atmos Energy average return on tangible equity for 2022 was 9.45, a 6.62% decline from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.