Atmos Energy Corporation (ATO) — Cash Flow Reinvestment Rate
Atmos Energy Corporation (ATO) has a Cash Flow Reinvestment Rate of 1.39x as of March 2026, reinvesting $1.00 Billion (capex $1.00 Billion ) from operating cash flow of $723.49 Million. See cash generation quality of Atmos Energy Corporation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Atmos Energy Corporation Cash Flow Reinvestment Rate (1994–2025)
Historical reinvestment intensity for Atmos Energy Corporation across 31 annual periods. For the full cash flow conversion analysis, see ATO operating cash flow.
Annual Cash Flow Reinvestment Rate for Atmos Energy Corporation (1994–2025)
Year-by-year capital reinvestment analysis for Atmos Energy Corporation. See ATO FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 3.48x | $7.12 Billion | $2.05 Billion | $3.56 Billion | ▲ +2.8% |
| 2024 | 3.38x | $5.86 Billion | $1.73 Billion | $2.94 Billion | ▲ +108.8% |
| 2023 | 1.62x | $5.60 Billion | $3.46 Billion | $2.81 Billion | ▼ -35.4% |
| 2022 | 2.50x | $2.45 Billion | $977.58 Million | $2.44 Billion | ▲ +34.3% |
| 2020 | 1.87x | $1.94 Billion | $1.04 Billion | $1.94 Billion | ▲ +6.5% |
| 2019 | 1.75x | $1.70 Billion | $968.77 Million | $1.69 Billion | ▲ +33.4% |
| 2018 | 1.31x | $1.48 Billion | $1.12 Billion | $1.47 Billion | ▼ -1.0% |
| 2017 | 1.33x | $1.15 Billion | $867.09 Million | $1.14 Billion | ▼ -3.1% |
| 2016 | 1.37x | $1.09 Billion | $794.99 Million | $1.09 Billion | ▲ +17.2% |
| 2015 | 1.17x | $976.73 Million | $836.52 Million | $975.13 Million | ▲ +3.1% |
| 2014 | 1.13x | $837.90 Million | $739.99 Million | $835.25 Million | ▼ -17.8% |
| 2013 | 1.38x | $845.03 Million | $613.13 Million | $845.03 Million | ▲ +10.4% |
| 2012 | 1.25x | $732.86 Million | $586.92 Million | $732.86 Million | ▲ +16.8% |
| 2011 | 1.07x | $622.97 Million | $582.84 Million | $622.97 Million | ▲ +43.1% |
| 2010 | 0.75x | $542.64 Million | $726.48 Million | $542.64 Million | ▲ +34.8% |
| 2009 | 0.55x | $509.49 Million | $919.23 Million | $509.49 Million | ▼ -56.5% |
| 2008 | 1.27x | $472.27 Million | $370.93 Million | $472.27 Million | ▲ +77.5% |
| 2007 | 0.72x | $392.44 Million | $547.10 Million | $392.44 Million | ▼ -47.5% |
| 2006 | 1.37x | $425.32 Million | $311.45 Million | $425.32 Million | ▲ +58.6% |
| 2005 | 0.86x | $333.18 Million | $386.94 Million | $333.18 Million | ▲ +22.1% |
| 2004 | 0.70x | $190.85 Million | $270.73 Million | $190.85 Million | ▼ -78.1% |
| 2003 | 3.22x | $159.44 Million | $49.45 Million | $159.44 Million | ▲ +612.9% |
| 2002 | 0.45x | $133.98 Million | $296.23 Million | $133.98 Million | ▼ -67.2% |
| 2001 | 1.38x | $114.57 Million | $83.00 Million | $114.57 Million | ▼ -1.0% |
| 2000 | 1.39x | $75.56 Million | $54.20 Million | $75.56 Million | ▲ +7.0% |
| 1999 | 1.30x | $110.40 Million | $84.70 Million | $110.40 Million | ▼ -11.5% |
| 1998 | 1.47x | $135.00 Million | $91.70 Million | $135.00 Million | ▼ -17.3% |
| 1997 | 1.78x | $122.30 Million | $68.70 Million | $122.30 Million | ▲ +48.0% |
| 1996 | 1.20x | $77.60 Million | $64.50 Million | $77.60 Million | ▲ +11.9% |
| 1995 | 1.08x | $62.90 Million | $58.50 Million | $62.90 Million | ▼ -12.1% |
| 1994 | 1.22x | $50.40 Million | $41.20 Million | $50.40 Million | — |