Atmos Energy Corporation (ATO) — Financial Flexibility Index
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 ATO total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Atmos Energy Corporation Financial Flexibility Index (1994–2025)
Historical Financial Flexibility Index trend for Atmos Energy Corporation across 32 annual periods. For the full cash flow conversion analysis, see Atmos Energy Corporation (ATO) cash conversion ratio.
Annual Financial Flexibility Index for Atmos Energy Corporation (1994–2025)
Year-by-year free cash flow to debt coverage for Atmos Energy Corporation. Explore Atmos Energy Corporation debt service capacity to assess how comfortably operating cash covers total debt obligations.
| 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 | — |