Atmos Energy Corporation (ATO) — Financial Flexibility Index

Latest as of March 2026: 0.39x

Atmos Energy Corporation (ATO) has a Financial Flexibility Index of 0.39x as of March 2026. Free cash flow of $1.73 Billion (operating CF $723.49 Million minus capex $1.00 Billion) represents 0% of total liabilities ($4.44 Billion). Check strategic asset allocation of Atmos Energy Corporation to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.39x
Free Cash Flow / Total Liabilities

Free Cash Flow

$1.73 Billion
Operating CF − Capex

Total Liabilities

$4.44 Billion
USD

Capital Expenditures

$1.00 Billion
USD

Atmos Energy Corporation Financial Flexibility Index (1994–2025)

Historical Financial Flexibility Index trend for Atmos Energy Corporation across 32 annual periods. See how liquid is Atmos Energy Corporation's working capital to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Atmos Energy Corporation (1994–2025)

Year-by-year free cash flow to debt coverage for Atmos Energy Corporation. For the full company profile including market capitalisation, see Atmos Energy Corporation stock valuation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.37x $5.61 Billion $2.05 Billion $15.35 Billion ▲ +2.0%
2024 0.36x $4.67 Billion $1.73 Billion $13.04 Billion ▼ -33.4%
2023 0.54x $6.27 Billion $3.46 Billion $11.65 Billion ▲ +100.8%
2022 0.27x $3.42 Billion $977.58 Million $12.77 Billion ▲ +254.1%
2021 0.08x $885.29 Million $-1.08 Billion $11.70 Billion ▼ -78.2%
2020 0.35x $2.97 Billion $1.04 Billion $8.57 Billion ▼ -0.7%
2019 0.35x $2.66 Billion $968.77 Million $7.62 Billion ▼ -4.2%
2018 0.36x $2.59 Billion $1.12 Billion $7.10 Billion ▲ +24.7%
2017 0.29x $2.00 Billion $867.09 Million $6.85 Billion ▲ +1.8%
2016 0.29x $1.88 Billion $794.99 Million $6.55 Billion ▼ -6.7%
2015 0.31x $1.81 Billion $836.52 Million $5.88 Billion ▲ +7.7%
2014 0.29x $1.58 Billion $739.99 Million $5.51 Billion ▲ +5.0%
2013 0.27x $1.46 Billion $613.13 Million $5.35 Billion ▲ +6.0%
2012 0.26x $1.32 Billion $586.92 Million $5.14 Billion ▲ +7.1%
2011 0.24x $1.21 Billion $582.84 Million $5.03 Billion ▼ -13.3%
2010 0.28x $1.27 Billion $726.48 Million $4.59 Billion ▼ -18.8%
2009 0.34x $1.43 Billion $919.23 Million $4.19 Billion ▲ +75.3%
2008 0.19x $843.21 Million $370.93 Million $4.33 Billion ▼ -18.6%
2007 0.24x $939.53 Million $547.10 Million $3.93 Billion ▲ +32.1%
2006 0.18x $736.77 Million $311.45 Million $4.07 Billion ▲ +1.8%
2005 0.18x $720.13 Million $386.94 Million $4.05 Billion ▼ -31.5%
2004 0.26x $461.59 Million $270.73 Million $1.78 Billion ▲ +119.6%
2003 0.12x $208.89 Million $49.45 Million $1.77 Billion ▼ -61.4%
2002 0.31x $430.21 Million $296.23 Million $1.41 Billion ▲ +124.8%
2001 0.14x $197.56 Million $83.00 Million $1.45 Billion ▲ +0.3%
2000 0.14x $129.75 Million $54.20 Million $956.29 Million ▼ -40.7%
1999 0.23x $195.10 Million $84.70 Million $852.80 Million ▼ -22.3%
1998 0.29x $226.70 Million $91.70 Million $770.20 Million ▲ +17.3%
1997 0.25x $191.00 Million $68.70 Million $761.00 Million ▲ +20.3%
1996 0.21x $142.10 Million $64.50 Million $681.00 Million ▼ -50.6%
1995 0.42x $121.40 Million $58.50 Million $287.60 Million ▲ +23.1%
1994 0.34x $91.60 Million $41.20 Million $267.10 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities