ATI ATI
- Market cap
- $21.4B
- PE
- 46.0×
- 8y median 23.5×
- Forward PE
- 27.6×
- 10y median 22.3×
- Price to sales
- 4.5×
- EV/EBIT
- 30.0×
- Revenue, 12 months
- $4.7B
- +5% on a year ago
- Net margin
- 10.1%
- Free cash flow yield
- 2.5%
ATI trades at 46.0× trailing earnings, pricier than 77% of the last ten years. Revenue was $4.7B over the last twelve months, up 5% on a year earlier with a 10% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1B−1% | $1.1B+5% | $1B+1% | $1.1B+5% | $1.1B+3% | $1.2B+10% | $1.1B+10% | $1.1B+4% | $1.1B+7% | $1.2B+0% | $1.2B+1% | $1.3B+11% | |
| Cost of revenue | $831M−2% | $858.3M+4% | $845.5M+0% | $867.9M+4% | $826.4M−1% | $924.1M+8% | $908.6M+8% | $897.9M+4% | $870.2M+5% | $903.7M−2% | $888.6M−2% | $951.3M+6% |
| Gross profit | $194.6M+6% | $205.7M+11% | $197.4M+2% | $227.4M+9% | $224.8M+16% | $248.6M+21% | $235.8M+20% | $242.5M+7% | $255.3M+14% | $273.4M+10% | $262.9M+12% | $309.8M+28% |
| SG&A | $69.8M−5% | $92.3M+20% | $82M+2% | $88.9M+4% | $82.4M+18% | $89M−4% | $85M+4% | $82.8M−7% | $94.6M+15% | $102.7M+15% | $92.1M+8% | $95.7M+16% |
| $125.2M+11% | $108.3M−0% | $115.2M+2% | $142.6M+19% | $142.2M+14% | $208.9M+93% | $146.9M+28% | $161M+13% | $162.4M+14% | $170.6M−18% | $163.8M+12% | $220M+37% | |
| Interest expense | $23.8M+14% | $27.8M+42% | $26.6M+34% | $28.4M+33% | $28M+18% | $25.2M−9% | $23M−14% | $25.4M−11% | $26.1M−7% | $36.2M+44% | $23.7M+3% | $23.9M−6% |
| Pre-tax income | $99M+47% | $8.1M−91% | $85.3M−6% | $110.9M+14% | $114.9M+16% | $175M+2061% | $121.5M+42% | $133.3M+20% | $144.6M+26% | $122.9M−30% | $136.6M+12% | $192.9M+45% |
| $4.9M+63% | −$141.1M | $16.9M+293% | $25.3M+584% | $28.3M+478% | $32.9M | $21M+24% | $29.3M+16% | $31M+10% | $22.4M−32% | $16.1M−23% | $38.6M+32% | |
| Net income | $90.2M+17% | $145.7M−25% | $66.1M−22% | $81.9M−9% | $82.7M−8% | $137.1M−6% | $97M+47% | $100.7M+23% | $110M+33% | $96.6M−30% | $118.2M+22% | $151M+50% |
| $0.62+48% | $0.99+183% | $0.46−21% | $0.58−7% | $0.57−8% | $0.94−5% | $0.67+46% | $0.70+21% | $0.78+37% | $0.69−27% | $0.85+27% | $1.09+56% | |
| 150.2M−0% | 149.7M−31% | 147.5M−2% | 146.3M−3% | 146.8M−2% | 145.7M−3% | 144.2M−2% | 143.1M−2% | 140.5M−4% | 139.4M−4% | 138.6M−4% | 138.3M−3% |
Gross profit: 31 periods, Q2 FY08 to Q4 FY15: not printed by the filing, worked out from its own lines.
EPS, diluted: 8 periods, Q3 FY09 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: Q4 FY09: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution. 13 periods, Q4 FY10 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY15 and Q4 FY20: a loss quarter: its basic count, printed 3 months. Q4 FY21: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $1.3B | $1.3B to $1.3B | $1.37 | $1.35 to $1.38 | 6 |
| Q4 FY26 | $1.4B | $1.4B to $1.4B | $1.52 | $1.46 to $1.58 | 5 |
| Q1 FY27 | $1.3B | $1.3B to $1.3B | $1.40 | $1.36 to $1.45 | 1 |
| Q2 FY27 | $1.4B | $1.4B to $1.4B | $1.55 | $1.50 to $1.60 | 1 |
| Q3 FY27 | $1.4B | $1.4B to $1.5B | $1.74 | $1.68 to $1.80 | 1 |
| Q4 FY27 | $1.6B | $1.5B to $1.6B | $1.90 | $1.84 to $1.97 | 1 |
| Q1 FY28 | $1.4B | $1.3B to $1.4B | $1.68 | $1.62 to $1.74 | 2 |
| Q2 FY28 | $1.5B | $1.5B to $1.5B | $1.86 | $1.80 to $1.92 | 2 |
Peers
Companies in Manufacturing - Metal Fabrication nearest ATI's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| ATIATI | $21.4B | 46.0× | 23.5× | 27.6× | 4.5× | +5% | 10.1% |
| BALLBALL | $17.1B | 18.3× | 36.0× | n/m | 1.2× | +16% | 6.6% |
| MASMasco | $15B | 17.4× | 18.1× | n/m | 2.0× | −1% | 11.6% |
| SWKStanley Black & Decker | $15B | 24.2× | 21.0× | n/m | 1.0× | +1% | 4.1% |
| CCKCrown | $12.8B | 16.9× | 19.8× | n/m | 1.0× | +10% | 5.9% |
| MLIMueller Industries | $12B | 14.1× | 15.5× | n/m | 2.6× | +15% | 18.2% |
| VMIValmont Industries | $8.4B | 17.9× | 27.2× | n/m | 2.0× | +4% | 11.7% |
| SSDSimpson Manufacturing | $7.6B | 20.1× | 22.5× | n/m | 3.1× | +6% | 15.6% |
| ACAArcosa | $7.3B | 14.9× | 27.7× | n/m | 2.7× | +10% | 17.9% |
| MTRNMATERION | $4.6B | 51.5× | 34.6× | n/m | 2.2× | +22% | 4.3% |
| GFFGriffon | $4.4B | 24.8× | 18.6× | n/m | 2.0× | +2% | 8.1% |
| Peer median | $10.2B | 18.1× | 21.7× | n/a | 2.0× | +8% | 9.8% |
Investors who own it
Investors we follow who held ATI at the end of Jun 30, 2026, from their 13F filings.
- Polen CapitalPolen Capital1.4% of portfolionew
- Andreas HalvorsenViking Global Investors0.6% of portfoliotrimmed
- Cathie WoodARK Investment Management0.0% of portfoliotrimmed
More on ATI
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #9of 55Industrial stocks with the lowest PEG ratio
- #9of 29Manufacturing metal fabrication stocks with the highest profit margins
Its groups
About
- Industry
- Manufacturing - Metal Fabrication
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .