Capital Expenditures for Atmos Energy (ATO)
According to Atmos Energy's latest reported financial statements, the company's current capital expenditures (TTM) is $3.70B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

ATO
Currently viewingCapital ExpendituresSwitch metric
Latest period
$3.70B
YoY change
+21.3%
5Y CAGR
+13.0%
Peak year (2025)
$3.56B
Cumulative capital expenditures
$28.96B
CapEx history chart for Atmos Energy (ATO) from 1994 to 2025
CapEx history table for Atmos Energy (ATO) from 1994 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $3.56B | +21.3% | ||
| 2024 | $2.94B | +4.7% | ||
| 2023 | $2.81B | +14.8% | ||
| 2022 | $2.44B | +24.1% | ||
| 2021 | $1.97B | +1.7% | ||
| 2020 | $1.94B | +14.3% | ||
| 2019 | $1.69B | +15.4% | ||
| 2018 | $1.47B | +29.1% | ||
| 2017 | $1.14B | +4.6% | ||
| 2016 | $1.09B | +11.5% | ||
| 2015 | $975.13M | +16.7% | ||
| 2014 | $835.25M | -1.2% | ||
| 2013 | $845.03M | +15.3% | ||
| 2012 | $732.86M | +17.6% | ||
| 2011 | $622.97M | +14.8% | ||
| 2010 | $542.64M | +6.5% | ||
| 2009 | $509.49M | +7.9% | ||
| 2008 | $472.27M | +20.3% | ||
| 2007 | $392.44M | -7.7% | ||
| 2006 | $425.32M | +27.7% | ||
| 2005 | $333.18M | +74.6% | ||
| 2004 | $190.85M | +19.7% | ||
| 2003 | $159.44M | +19.0% | ||
| 2002 | $133.98M | +16.9% | ||
| 2001 | $114.57M | +51.6% | ||
| 2000 | $75.56M | -31.6% | ||
| 1999 | $110.40M | -18.2% | ||
| 1998 | $135.00M | +10.4% | ||
| 1997 | $122.30M | +57.6% | ||
| 1996 | $77.60M | +23.4% | ||
| 1995 | $62.90M | +24.8% | ||
| 1994 | $50.40M | — |
CapEx values are taken from Atmos Energy's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Atmos Energy (ATO) reported capital expenditures of $3.56B – grew 21.3% year-over-year.
Atmos Energy capital expenditures has grown for 11 consecutive years, with a +13.0% compound annual growth rate over 2020–2025 (5 years).
The dataset's maximum capital expenditures sits at $3.56B (2025); the minimum reading of $50.40M dates to 1994.
Within Utilities, Atmos Energy (ATO) ranks 6th among 8 peers we track. The peer median for capital expenditures is $9.94B.
Atmos Energy Capital Expenditures by Year
Atmos Energy Capital Expenditures 2025: $3.56B
Atmos Energy capital expenditures in 2025 was $3.56B, grew 21.3% from 2024. This figure represents the highest annual value in the available history.
Atmos Energy Capital Expenditures 2024: $2.94B
Atmos Energy capital expenditures in 2024 was $2.94B, edged up 4.7% from 2023.
Atmos Energy Capital Expenditures 2023: $2.81B
Atmos Energy capital expenditures in 2023 was $2.81B, grew 14.8% from 2022.
Atmos Energy Capital Expenditures 2022: $2.44B
Atmos Energy capital expenditures in 2022 was $2.44B, grew 24.1% from 2021.
Atmos Energy Capital Expenditures 2021: $1.97B
Atmos Energy capital expenditures in 2021 was $1.97B.
See more financial history for Atmos Energy (ATO).
Sector peers — CapEx
Companies in the same sector as Atmos Energy, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Duke Energy Corporation (DUK) | $14.02B | Utilities |
| The Southern Company (SO) | $13.39B | Utilities |
| Dominion Energy, Inc. (D) | $12.64B | Utilities |
| Sempra (SRE) | $10.61B | Utilities |
| NextEra Energy, Inc. (NEE) | $9.27B | Utilities |
| Constellation Energy Corporation (CEG) | $2.95B | Utilities |
| GE Vernova Inc. (GEV) | $1.28B | Utilities |
| American Electric Power Company, Inc. (AEP) | $130.00M | Utilities |
Frequently asked questions
What is Atmos Energy's capital expenditures?
- Latest reported capital expenditures for Atmos Energy (ATO) is $3.70B (period ending December 31, 2025).
How has Atmos Energy capital expenditures changed year-over-year?
- Atmos Energy (ATO) capital expenditures changed +21.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Atmos Energy capital expenditures?
- Atmos Energy (ATO) capital expenditures compound annual growth rate is +13.0% over the most recent 5 years available.
When did Atmos Energy capital expenditures hit its highest annual value?
- Atmos Energy capital expenditures reached its highest annual value of $3.56B in 2025.
What was Atmos Energy capital expenditures in 2024?
- Atmos Energy (ATO) capital expenditures in 2024 was $2.94B.
What was Atmos Energy capital expenditures in 2025?
- Atmos Energy (ATO) capital expenditures in 2025 was $3.56B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
ATO Overview
Company profile, financial tools, and key metrics
ATO Revenue Counter
Earns $154.41 every second. See per minute, hour, and day.
ATO Earnings Counter
Earns $39.63 per second net profit. See per minute, hour, and day.
ATO Economic Scale
Exceeds Eswatini's GDP. Compare with world economies.
ATO What If Invested
What if you had invested $1,000? See historical returns from any date.
ATO How It Makes Money
Discover visual breakdown of $4.87B in revenue — where it comes from and where it goes.
ATO Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
ATO Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
ATO Daily Price Character
Steady · 46.8% historical win rate (green days). Streaks & record days.
ATO Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.
ATO Stock Split History
2 splits on record. Dates, ratios, and cumulative multiple.
ATO Dividend Profile
Yield: 2.01%. Safety: 5/8. See full history.
ATO Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
ATO Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.