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Atmos Energy ATO Construction work in progress

Construction work in progress at other companies

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Other financials

Income statement

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Revenue$2.0B+0.6%
Gross profit$1.2B+14.5%
Operating income$764.8M+21.6%
Net income$581.9M+19.8%
EPS (diluted)$3.47+14.5%

Balance sheet

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Cash & equivalents$127.1M-76.7%
Total debt$9.7B+13.9%
Total equity$14.9B+13.5%
Total assets$30.4B+12.6%

Cash flow

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Operating cash flow$723.5M-21.6%
CapEx$1.0B+19.5%
Free cash flow-$280.1M

Valuation

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Market cap$28.76B+21.5%
Enterprise value$38.36B+20.0%
P/E21.4×+0.9×
P/S5.9×+0.8×

Profitability

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Gross margin75.1%+15.5pp
Operating margin35.9%+2.6pp
Net margin27.6%+2.2pp
FCF margin-40.8%+19.0pp

Returns & leverage

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Return on equity9.6%+0.4pp
Debt / equity0.7×0.0×
Current ratio-0.3×

Where this comes from

Reported directly by Atmos Energy in its filing.

Tagged under the XBRL concept us-gaap:PublicUtilitiesPropertyPlantAndEquipmentConstructionWorkInProgress.

The official record: Atmos Energy’s 10-K, filed November 14, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Atmos Energy's construction work in progress?
Atmos Energy (ATO) reported construction work in progress of $1.24B in Q3 2025.
How has Atmos Energy's construction work in progress changed year-over-year?
Atmos Energy's construction work in progress increased by 16.1% year-over-year, from $1.06B to $1.24B.
What is the long-term trend for Atmos Energy's construction work in progress?
Over 4 years (2021 to 2025), Atmos Energy's construction work in progress has grown at a 18.5% compound annual growth rate (CAGR), from $626.55M to $1.24B.
What does construction work in progress mean?
This represents the cumulative costs incurred for utility infrastructure projects that are currently under construction but not yet placed into service. It is a critical indicator of future rate base expansion and the company's ability to execute on its capital expenditure program.