Atmos Energy Corporation Capital Reinvestment Ratio
Atmos Energy Corporation capital reinvestment ratio. Atmos Energy Corporation (ATO) has a Capital Reinvestment Ratio of 1.39x as of March 2026, meaning it reinvests 1% of its operating cash flow ($723.49 Million) in capital expenditures ($1.00 Billion). See cash generation quality of Atmos Energy Corporation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Atmos Energy Corporation (1994–2025)
Capital reinvestment ratio of Atmos Energy Corporation from 1994 to 2025. This chart tracks Atmos Energy Corporation's Capital Reinvestment Ratio across 31 annual periods. See Atmos Energy Corporation financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Atmos Energy Corporation Capital Reinvestment Ratio by Year (1994–2025)
Atmos Energy Corporation capital reinvestment ratio by year from 1994 to 2025. For the full cash flow conversion analysis, see Atmos Energy Corporation cash conversion from operations.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.74x | $2.05 Billion | $3.56 Billion | ▲ +2.6% |
| 2024 | 1.69x | $1.73 Billion | $2.94 Billion | ▲ +108.9% |
| 2023 | 0.81x | $3.46 Billion | $2.81 Billion | ▼ -67.6% |
| 2022 | 2.50x | $977.58 Million | $2.44 Billion | ▲ +34.1% |
| 2020 | 1.86x | $1.04 Billion | $1.94 Billion | ▲ +6.7% |
| 2019 | 1.75x | $968.77 Million | $1.69 Billion | ▲ +34.0% |
| 2018 | 1.30x | $1.12 Billion | $1.47 Billion | ▼ -0.5% |
| 2017 | 1.31x | $867.09 Million | $1.14 Billion | ▼ -4.1% |
| 2016 | 1.37x | $794.99 Million | $1.09 Billion | ▲ +17.3% |
| 2015 | 1.17x | $836.52 Million | $975.13 Million | ▲ +3.3% |
| 2014 | 1.13x | $739.99 Million | $835.25 Million | ▼ -18.1% |
| 2013 | 1.38x | $613.13 Million | $845.03 Million | ▲ +10.4% |
| 2012 | 1.25x | $586.92 Million | $732.86 Million | ▲ +16.8% |
| 2011 | 1.07x | $582.84 Million | $622.97 Million | ▲ +43.1% |
| 2010 | 0.75x | $726.48 Million | $542.64 Million | ▲ +34.8% |
| 2009 | 0.55x | $919.23 Million | $509.49 Million | ▼ -56.5% |
| 2008 | 1.27x | $370.93 Million | $472.27 Million | ▲ +77.5% |
| 2007 | 0.72x | $547.10 Million | $392.44 Million | ▼ -47.5% |
| 2006 | 1.37x | $311.45 Million | $425.32 Million | ▲ +58.6% |
| 2005 | 0.86x | $386.94 Million | $333.18 Million | ▲ +22.1% |
| 2004 | 0.70x | $270.73 Million | $190.85 Million | ▼ -78.1% |
| 2003 | 3.22x | $49.45 Million | $159.44 Million | ▲ +612.9% |
| 2002 | 0.45x | $296.23 Million | $133.98 Million | ▼ -67.2% |
| 2001 | 1.38x | $83.00 Million | $114.57 Million | ▼ -1.0% |
| 2000 | 1.39x | $54.20 Million | $75.56 Million | ▲ +7.0% |
| 1999 | 1.30x | $84.70 Million | $110.40 Million | ▼ -11.5% |
| 1998 | 1.47x | $91.70 Million | $135.00 Million | ▼ -17.3% |
| 1997 | 1.78x | $68.70 Million | $122.30 Million | ▲ +48.0% |
| 1996 | 1.20x | $64.50 Million | $77.60 Million | ▲ +11.9% |
| 1995 | 1.08x | $58.50 Million | $62.90 Million | ▼ -12.1% |
| 1994 | 1.22x | $41.20 Million | $50.40 Million | — |