Atmos Energy Corporation (ATO) — 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 ATO equity to assets ratio to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Atmos Energy Corporation Capital Reinvestment Ratio (1994–2025)
This chart tracks Atmos Energy Corporation's Capital Reinvestment Ratio across 31 annual periods. Check ATO capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Atmos Energy Corporation (1994–2025)
Year-by-year Capital Reinvestment Ratio for Atmos Energy Corporation from 1994 to 2025. For live market cap and broader valuation context, see ATO company net worth.
| 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 | — |