ATCO Ltd.

ACO-X.TOTSXUtilities● Active

$70.96

$-1.14(-1.58%)

Market Cap$7.2B

P/E Ratio—

52W High$72.48

52W Low$47.52

Avg Volume234K

Open$71.99

Beta0.43

Free Cash Flow Financials Revenue

ATCO Ltd. (ACO-X.TO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ACO-X.TO · free cash flow · updated Jun 8, 2026

Core FCF metrics

ACO-X.TO · FCF · TTM · margin & CAGR

Free cash flow was $227.0M for FY2025 (fiscal year ending 2025-12-31), up 940.7% year-over-year The FCF margin was 4.4%. Five-year CAGR stands at -14.3%.

FY2025 Free Cash Flow$227.0M▲ +940.7% YoY

Trailing 12M (TTM)$264.0Mtrailing 4 quarters sum

FCF Margin4.4%$227.0M ÷ revenue

3-Year CAGR-24.9%FY2022 → FY2025

5-Year CAGR-14.3%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ACO-X.TO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.93B(1.70B)$227.0M▲ +940.7%4.4%

FY2024$1.66B(1.69B)−$27.0M▼ 147.4%-0.6%

FY2023$1.48B(1.42B)$57.0M▼ 89.3%1.2%

FY2022$1.97B(1.44B)$535.0M▲ +103.4%10.8%

FY2021$1.46B(1.20B)$263.0M▼ 46.3%6.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ACO-X.TO · P/FCF · FCF yield · FCF per share

ATCO Ltd. (ACO-X.TO) trades at a FCF yield of 3.70% and a price-to-free-cash-flow ratio of 30.2x. FCF per share stands at $2.35, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.70%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.35

TTM FCF ÷ Shares Outstanding

Price / FCF

x30.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x73.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ACO-X.TO · cash flow statement · operating / investing / financing

For FY2025, ATCO Ltd. generated $1.93B in operating cash flow and spent 1.70B in capital expenditures, yielding $227.0M in free cash flow.

Operating Activities

+$1.93B

Cash from core business operations

2025-12-31

Investing Activities

−$1.90B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$846.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.93B) − |CapEx| (1.70B) = FCF ($227.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Utilities)

ACO-X.TO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

ATCO Ltd.YOU

ACO-X.TO

$227.0M+940.7%4.4%

Constellation Energy Corporation

CEG

$1.29B+125.6%5.0%

35%

Duke Energy Corporation

Utilities · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

ATCO Ltd. (ACO-X.TO) reported free cash flow of $227.0M for FY2025 (fiscal year ending 2025-12-31), up 940.7% year-over-year. The FCF margin was 4.4%.

Based on available data, ATCO Ltd. has maintained positive free cash flow for at least 7 fiscal year(s). FCF peaked at $535.0M in FY2022. The 5-year CAGR stands at -14.3%.

ATCO Ltd.'s FCF yield is 3.70% and price-to-FCF ratio is 30.2x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ACO-X.TO free cash flow · 8 questions

ATCO Ltd. free cash flow was $227.0M for FY2025, up 940.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $264.0M.

ACO-X.TO free cash flowACO-X.TO FCFACO-X.TO FCF 2025ACO-X.TO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · ATCO Ltd. · ATCO Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026