Atmos Energy (ATO) Invested Capital (2010 - 2026)
Atmos Energy (ATO) recorded Invested Capital of $25.07 billion in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 12.1% from $22.37 billion a year earlier and up 2.2% from the prior quarter.
Atmos Energy (ATO) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Atmos Energy reported Invested Capital of $22.53 billion, up 12.6% from FY2024.
- Annual Invested Capital has increased for 13 straight fiscal years, with a five-year compound annual growth rate of 14.8% (FY2020 to FY2025).
- Across earlier fiscal years, Invested Capital came in at $20.02 billion in FY2024 (+14.3%), $17.51 billion in FY2023 (+15.3%), $15.18 billion in FY2022 (+18.2%) and $12.84 billion in FY2021 (+13.4%).
- The fiscal Q3 2026 figure is the highest quarterly Invested Capital in data going back to fiscal Q4 2010.
- On a year-over-year basis, Invested Capital has increased for 17 consecutive quarters, with growth averaging 12.8% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 18.4% in fiscal Q1 2023, against a decline of 2.6% in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $24.53 billion (Q2 2026), $23.9 billion (Q1 2026) and $22.53 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | 46.75 Bn |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 86.84 Bn |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 63.51 Bn |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 36.70 Bn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 35.62 Bn |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 45.87 Bn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 25.07 Bn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 25.71 Bn |
| 10 | Dte Energy | 25.35 Bn | 24.83 Bn | - | 39.74 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.07 Bn |
| Mar 31, 2026 | 24.53 Bn |
| Dec 31, 2025 | 23.90 Bn |
| Sep 30, 2025 | 22.53 Bn |
| Jun 30, 2025 | 22.37 Bn |
| Mar 31, 2025 | 21.62 Bn |
| Dec 31, 2024 | 21.27 Bn |
| Sep 30, 2024 | 20.02 Bn |
| Jun 30, 2024 | 20.05 Bn |
| Mar 31, 2024 | 19.14 Bn |
| Dec 31, 2023 | 18.80 Bn |
| Sep 30, 2023 | 17.51 Bn |
| Jun 30, 2023 | 17.25 Bn |
| Mar 31, 2023 | 16.76 Bn |
| Dec 31, 2022 | 16.39 Bn |
| Sep 30, 2022 | 15.18 Bn |
| Jun 30, 2022 | 15.03 Bn |
| Mar 31, 2022 | 14.74 Bn |
| Dec 31, 2021 | 13.84 Bn |
| Sep 30, 2021 | 12.84 Bn |
Atmos Energy Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=ATO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "ATO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=ATO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();