Manufacturing - Metal Fabrication
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ATI vs GE
Revenue, margins, valuation, and 5-year total return — side by side.
Aerospace & Defense
ATI vs GE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Manufacturing - Metal Fabrication | Aerospace & Defense |
| Market Cap | $22.61B | $319.54B |
| Revenue (TTM) | $4.59B | $48.35B |
| Net Income (TTM) | $426M | $8.66B |
| Gross Margin | 22.5% | 34.8% |
| Operating Margin | 14.5% | 18.5% |
| Forward P/E | 38.5x | 40.4x |
| Total Debt | $1.95B | $20.49B |
| Cash & Equiv. | $417M | $12.39B |
ATI vs GE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| ATI Inc. (ATI) | 100 | 1901.8 | +1801.8% |
| GE Aerospace (GE) | 100 | 935.0 | +835.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: ATI vs GE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
ATI is the clearest fit if your priority is long-term compounding and sleep-well-at-night.
- 9.6% 10Y total return vs GE's 121.3%
- Lower volatility, beta 1.51, current ratio 2.66x
- Lower P/E (38.5x vs 40.4x)
GE carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 1.14, yield 0.4%
- Rev growth 18.5%, EPS growth 36.2%, 3Y rev CAGR 16.3%
- Beta 1.14, yield 0.4%, current ratio 1.04x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 18.5% revenue growth vs ATI's 5.2% | |
| Value | Lower P/E (38.5x vs 40.4x) | |
| Quality / Margins | 17.9% margin vs ATI's 9.3% | |
| Stability / Safety | Beta 1.14 vs ATI's 1.51 | |
| Dividends | 0.4% yield, 2-year raise streak, vs ATI's 0.1% | |
| Momentum (1Y) | +139.9% vs GE's +47.4% | |
| Efficiency (ROA) | 8.4% ROA vs GE's 6.8%, ROIC 14.5% vs 24.7% |
ATI vs GE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
ATI vs GE — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
GE leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
GE is the larger business by revenue, generating $48.4B annually — 10.5x ATI's $4.6B. GE is the more profitable business, keeping 17.9% of every revenue dollar as net income compared to ATI's 9.3%. On growth, GE holds the edge at +24.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $4.6B | $48.4B |
| EBITDAEarnings before interest/tax | $837M | $9.9B |
| Net IncomeAfter-tax profit | $426M | $8.7B |
| Free Cash FlowCash after capex | $552M | $7.5B |
| Gross MarginGross profit ÷ Revenue | +22.5% | +34.8% |
| Operating MarginEBIT ÷ Revenue | +14.5% | +18.5% |
| Net MarginNet income ÷ Revenue | +9.3% | +17.9% |
| FCF MarginFCF ÷ Revenue | +12.0% | +15.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +0.6% | +24.7% |
| EPS Growth (YoY)Latest quarter vs prior year | +26.9% | -1.1% |
Valuation Metrics
ATI leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 37.5x trailing earnings, GE trades at a 35% valuation discount to ATI's 57.9x P/E. On an enterprise value basis, ATI's 29.7x EV/EBITDA is more attractive than GE's 32.8x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $22.6B | $319.5B |
| Enterprise ValueMkt cap + debt − cash | $24.1B | $327.6B |
| Trailing P/EPrice ÷ TTM EPS | 57.92x | 37.48x |
| Forward P/EPrice ÷ next-FY EPS est. | 38.50x | 40.44x |
| PEG RatioP/E ÷ EPS growth rate | — | 3.17x |
| EV / EBITDAEnterprise value multiple | 29.72x | 32.80x |
| Price / SalesMarket cap ÷ Revenue | 4.93x | 6.97x |
| Price / BookPrice ÷ Book value/share | 12.21x | 17.27x |
| Price / FCFMarket cap ÷ FCF | 67.74x | 43.99x |
Profitability & Efficiency
ATI leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
GE delivers a 45.8% return on equity — every $100 of shareholder capital generates $46 in annual profit, vs $23 for ATI. ATI carries lower financial leverage with a 1.02x debt-to-equity ratio, signaling a more conservative balance sheet compared to GE's 1.08x. On the Piotroski fundamental quality scale (0–9), ATI scores 8/9 vs GE's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +22.7% | +45.8% |
| ROA (TTM)Return on assets | +8.4% | +6.8% |
| ROICReturn on invested capital | +14.5% | +24.7% |
| ROCEReturn on capital employed | +15.6% | +9.6% |
| Piotroski ScoreFundamental quality 0–9 | 8 | 6 |
| Debt / EquityFinancial leverage | 1.02x | 1.08x |
| Net DebtTotal debt minus cash | $1.5B | $8.1B |
| Cash & Equiv.Liquid assets | $417M | $12.4B |
| Total DebtShort + long-term debt | $1.9B | $20.5B |
| Interest CoverageEBIT ÷ Interest expense | 6.78x | 11.69x |
Total Returns (Dividends Reinvested)
ATI leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in ATI five years ago would be worth $66,726 today (with dividends reinvested), compared to $47,052 for GE. Over the past 12 months, ATI leads with a +139.9% total return vs GE's +47.4%. The 3-year compound annual growth rate (CAGR) favors ATI at 63.6% vs GE's 56.6% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +38.5% | -4.5% |
| 1-Year ReturnPast 12 months | +139.9% | +47.4% |
| 3-Year ReturnCumulative with dividends | +337.5% | +284.0% |
| 5-Year ReturnCumulative with dividends | +567.3% | +370.5% |
| 10-Year ReturnCumulative with dividends | +962.0% | +121.3% |
| CAGR (3Y)Annualised 3-year return | +63.6% | +56.6% |
Risk & Volatility
Evenly matched — ATI and GE each lead in 1 of 2 comparable metrics.
Risk & Volatility
GE is the less volatile stock with a 1.14 beta — it tends to amplify market swings less than ATI's 1.51 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ATI currently trades 98.2% from its 52-week high vs GE's 87.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.51x | 1.14x |
| 52-Week HighHighest price in past year | $168.14 | $348.48 |
| 52-Week LowLowest price in past year | $66.21 | $205.92 |
| % of 52W HighCurrent price vs 52-week peak | +98.2% | +87.8% |
| RSI (14)Momentum oscillator 0–100 | 52.0 | 45.9 |
| Avg Volume (50D)Average daily shares traded | 1.9M | 5.7M |
Analyst Outlook
GE leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates ATI as "Buy" and GE as "Buy". Consensus price targets imply 26.3% upside for GE (target: $386) vs 5.0% for ATI (target: $173). GE is the only dividend payer here at 0.45% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $173.40 | $386.20 |
| # AnalystsCovering analysts | 29 | 34 |
| Dividend YieldAnnual dividend ÷ price | +0.1% | +0.4% |
| Dividend StreakConsecutive years of raises | 0 | 2 |
| Dividend / ShareAnnual DPS | $0.09 | $1.36 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.1% | +2.4% |
ATI leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). GE leads in 2 (Income & Cash Flow, Analyst Outlook). 1 tied.
ATI vs GE: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is ATI or GE a better buy right now?
For growth investors, GE Aerospace (GE) is the stronger pick with 18.
5% revenue growth year-over-year, versus 5. 2% for ATI Inc. (ATI). GE Aerospace (GE) offers the better valuation at 37. 5x trailing P/E (40. 4x forward), making it the more compelling value choice. Analysts rate ATI Inc. (ATI) a "Buy" — based on 29 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — ATI or GE?
On trailing P/E, GE Aerospace (GE) is the cheapest at 37.
5x versus ATI Inc. at 57. 9x. On forward P/E, ATI Inc. is actually cheaper at 38. 5x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — ATI or GE?
Over the past 5 years, ATI Inc.
(ATI) delivered a total return of +567. 3%, compared to +370. 5% for GE Aerospace (GE). Over 10 years, the gap is even starker: ATI returned +962. 0% versus GE's +121. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — ATI or GE?
By beta (market sensitivity over 5 years), GE Aerospace (GE) is the lower-risk stock at 1.
14β versus ATI Inc. 's 1. 51β — meaning ATI is approximately 33% more volatile than GE relative to the S&P 500. On balance sheet safety, ATI Inc. (ATI) carries a lower debt/equity ratio of 102% versus 108% for GE Aerospace — giving it more financial flexibility in a downturn.
05Which is growing faster — ATI or GE?
By revenue growth (latest reported year), GE Aerospace (GE) is pulling ahead at 18.
5% versus 5. 2% for ATI Inc. (ATI). On earnings-per-share growth, the picture is similar: GE Aerospace grew EPS 36. 2% year-over-year, compared to 11. 8% for ATI Inc.. Over a 3-year CAGR, GE leads at 16. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — ATI or GE?
GE Aerospace (GE) is the more profitable company, earning 19.
0% net margin versus 8. 8% for ATI Inc. — meaning it keeps 19. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: GE leads at 19. 1% versus 13. 8% for ATI. At the gross margin level — before operating expenses — GE leads at 36. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is ATI or GE more undervalued right now?
On forward earnings alone, ATI Inc.
(ATI) trades at 38. 5x forward P/E versus 40. 4x for GE Aerospace — 1. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for GE: 26. 3% to $386. 20.
08Which pays a better dividend — ATI or GE?
In this comparison, GE (0.
4% yield) pays a dividend. ATI does not pay a meaningful dividend and should not be held primarily for income.
09Is ATI or GE better for a retirement portfolio?
For long-horizon retirement investors, ATI Inc.
(ATI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+962. 0% 10Y return). Both have compounded well over 10 years (ATI: +962. 0%, GE: +121. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between ATI and GE?
Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: ATI is a mid-cap quality compounder stock; GE is a large-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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