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. Check Atmos Energy Corporation cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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. Explore ATO long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Atmos Energy Corporation (1994–2025)
Year-by-year capital reinvestment analysis for Atmos Energy Corporation. For live market cap and broader valuation context, see ATO market cap overview.
| 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 | — |