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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2023
Operating revenues $ 4,702,755 $ 4,165,187 $ 4,275,357
Purchased gas cost 1,066,054 933,693 1,452,173
Operation and maintenance expense 902,942 819,137 764,906
Depreciation and amortization expense 734,745 669,972 604,327
Taxes, other than income 439,043 387,023 386,804
Operating income 1,559,971 1,355,362 1,067,147
Other non-operating income 89,741 71,046 69,775
Interest charges 171,678 190,632 137,281
Income before income taxes 1,478,034 1,235,776 999,641
Income tax expense 279,280 192,881 113,779
Net income $ 1,198,754 $ 1,042,895 $ 885,862
Basic net income per share (USD per share) $ 7.54 $ 6.83 $ 6.10
Diluted net income per share (USD per share) $ 7.46 $ 6.83 $ 6.10
Weighted average shares outstanding:      
Basic (in shares) 158,943 152,508 145,121
Diluted (in shares) 160,573 152,666 145,166
Other comprehensive income (loss), net of tax      
Net unrealized holding gains (losses) on available-for-sale securities, net of tax of $(3), $168 and $37 $ (4) $ 582 $ 126
Cash flow hedges:      
Amortization and unrealized gains (losses) on interest rate agreements, net of tax of $1,103, $(15,432) and $43,148 9,304 (53,395) 149,290
Total other comprehensive income (loss) 9,300 (52,813) 149,416
Total comprehensive income 1,208,054 990,082 1,035,278
Distribution segment      
Operating revenues 4,422,355 3,912,134 4,096,661
Depreciation and amortization expense 543,840 491,982 434,721
Interest charges 99,226 117,086 77,185
Income tax expense 150,961 96,041 60,032
Net income 746,781 671,413 580,397
Pipeline and storage segment      
Operating revenues 280,400 253,053 178,696
Depreciation and amortization expense 190,905 177,990 169,606
Interest charges 72,452 73,546 60,096
Income tax expense 128,319 96,840 53,747
Net income 451,973 371,482 305,465
Operating Segments      
Operating revenues 5,490,697 4,853,170 4,884,864
Operating Segments | Distribution segment      
Operating revenues 4,425,397 3,915,141 4,099,690
Purchased gas cost 1,854,323 1,620,515 2,061,920
Operating Segments | Pipeline and storage segment      
Operating revenues 1,065,300 938,029 785,174
Purchased gas cost (1,346) 146 (1,220)
Intersegment eliminations      
Operating revenues (787,942) (687,983) (609,507)
Purchased gas cost (786,923) (686,968) (608,527)
Intersegment eliminations | Distribution segment      
Operating revenues (3,042) (3,007) (3,029)
Intersegment eliminations | Pipeline and storage segment      
Operating revenues $ (784,900) $ (684,976) $ (606,478)