Atmos Energy Corporation (ATO) — Capital Reinvestment Ratio
Latest as of March 2026:
1.39x
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 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
1.39x
Capex / Operating Cash Flow
Operating Cash Flow
$723.49 Million
USD
Capital Expenditures
$1.00 Billion
USD
Data as of
Mar 2026
Most recent filing
Atmos Energy Corporation Capital Reinvestment Ratio (1994–2025)
This chart tracks Atmos Energy Corporation's Capital Reinvestment Ratio across 31 annual periods.
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 market cap.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow