Discontinued — last reported Q4 '25

Other Income & Expense

Allowance for equity funds used during construction

Atmos Energy Allowance for equity funds used during construction remained flat by 0.0% to $18.86M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 29.5%, from $14.56M to $18.86M. Over 4 years (FY 2021 to FY 2025), Allowance for equity funds used during construction shows an upward trend with a 23.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOther Income & Expense
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

An increase indicates higher levels of ongoing capital investment in utility infrastructure, while a decrease may signal project completions or reduced capital spending.

Detailed definition

This represents the non-cash equity component of the allowance for funds used during construction, reflecting the cost o...

Peer comparison

Common among regulated utilities with large capital expenditure programs; peers like Duke Energy or Southern Company report similar AFUDC figures.

Metric ID: nee_allowance_for_equity_funds_used_during_construction

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$32.75M$45.51M$64.02M$58.23M$75.43M
YoY Change+39.0%+40.7%-9.0%+29.5%
Range$32.75M$75.43M
CAGR+23.2%
Avg YoY Growth+25.0%
Median YoY Growth+34.2%

Allowance for equity funds used during construction at Other Companies

Frequently Asked Questions

What is Atmos Energy's allowance for equity funds used during construction?
Atmos Energy (ATO) reported allowance for equity funds used during construction of $18.86M in Q3 2025.
How has Atmos Energy's allowance for equity funds used during construction changed year-over-year?
Atmos Energy's allowance for equity funds used during construction increased by 29.5% year-over-year, from $14.56M to $18.86M.
What is the long-term trend for Atmos Energy's allowance for equity funds used during construction?
Over 4 years (2021 to 2025), Atmos Energy's allowance for equity funds used during construction has grown at a 23.2% compound annual growth rate (CAGR), from $32.75M to $75.43M.
What does allowance for equity funds used during construction mean?
The non-cash accounting return on equity capital invested in construction projects before they become operational.