ATCO Ltd. (TSX:ACO.X)
Canada · Delayed Price · Currency is CAD 85.30
-1.16 (-1.34%)
Nov 6, 2026, 4:00 PM EST
ATCO Ltd. Cash Flow Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 180 | 150 | 430 | 432 | 370 | 246 |
Depreciation & Amortization | 1,404 | 1,357 | 759 | 750 | 665 | 668 |
Other Amortization | 56 | 56 | 52 | 20 | 52 | 49 |
Loss (Gain) on Equity Investments | -19 | -23 | 1 | -94 | -95 | -75 |
Asset Writedown | - | - | - | 41 | - | - |
Change in Accounts Receivable | 190 | 190 | -100 | 44 | -120 | -110 |
Change in Inventory | -20 | -20 | -32 | -34 | -9 | 12 |
Change in Accounts Payable | -101 | -101 | 47 | -138 | 281 | 115 |
Change in Other Net Operating Assets | -40 | -26 | -23 | -65 | -5 | -13 |
Other Operating Activities | 1,055 | 901 | 1,063 | 1,009 | 1,257 | 972 |
Operating Cash Flow | 2,705 | 2,484 | 2,197 | 1,965 | 2,396 | 1,864 |
Operating Cash Flow Growth | 10.91% | 13.06% | 11.81% | -17.99% | 28.54% | 1.14% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -1,866 | -1,702 | -1,691 | -1,423 | -1,435 | -1,200 |
Sale of Property, Plant & Equipment | 20 | 20 | 1 | 4 | 5 | 30 |
Cash Acquisitions | -30 | -33 | -40 | -691 | -41 | -84 |
Divestitures | - | - | - | - | 8 | - |
Sale (Purchase) of Intangibles | -230 | -138 | -113 | -142 | -148 | -146 |
Investment in Securities | -23 | -27 | -19 | -307 | -8 | -27 |
Other Investing Activities | 114 | -19 | 64 | -26 | 123 | 44 |
Investing Cash Flow | -2,015 | -1,899 | -1,798 | -2,585 | -1,496 | -1,383 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | - | - | - | 206 |
Long-Term Debt Issued | - | 2,460 | 1,038 | 2,021 | 724 | 534 |
Total Debt Issued | 735 | 2,460 | 1,038 | 2,021 | 724 | 740 |
Short-Term Debt Repaid | - | - | - | - | -206 | - |
Long-Term Debt Repaid | - | -1,012 | -549 | -1,072 | -520 | -280 |
Lease Payments | -36 | -34 | -26 | -21 | -18 | -19 |
Total Debt Repaid | -611 | -1,012 | -549 | -1,072 | -726 | -280 |
Net Debt Issued (Repaid) | 124 | 1,448 | 489 | 949 | -2 | 460 |
Issuance of Common Stock | 23 | - | 3 | 11 | - | - |
Repurchase of Common Stock | -10 | -3 | - | -67 | -23 | -7 |
Common Dividends Paid | -233 | -227 | -220 | -215 | -211 | -205 |
Other Financing Activities | -956 | -927 | -860 | -801 | -717 | -734 |
Financing Cash Flow | -1,052 | 291 | -588 | -123 | -953 | -486 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 2 | 7 | -5 | -2 | -2 | -7 |
Net Cash Flow | -360 | 883 | -194 | -745 | -55 | -12 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 839 | 782 | 506 | 542 | 961 | 664 |
Free Cash Flow Growth | 42.20% | 54.55% | -6.64% | -43.60% | 44.73% | -26.47% |
Free Cash Flow Margin | 15.34% | 15.20% | 10.24% | 11.43% | 19.30% | 15.48% |
Free Cash Flow Per Share | 7.41 | 6.94 | 4.51 | 4.78 | 8.41 | 5.80 |
Levered Free Cash Flow | -384.13 | -328.25 | -675 | -574.75 | -72.13 | -332.38 |
Unlevered Free Cash Flow | -12.88 | 19.25 | -332.5 | -262.25 | 200.38 | -59.25 |
Free Cash Flow After Leases | 803 | 748 | 480 | 521 | 943 | 645 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 592 | 555 | 533 | 485 | 426 | 401 |
Cash Income Tax Paid | 39 | 63 | 50 | 52 | 42 | 51 |
Change in Working Capital | 29 | 43 | -108 | -193 | 147 | 4 |