ATI Inc.(ATI)Earnings, Financials & Key Ratios

ATI•NYSE

$165.08

$22.61B mkt cap·57.9× P/E·Price updated May 6, 2026

SectorIndustrials IndustryMetal Fabrication Sub-IndustryMetal mills, alloys and service centers

AboutATI Inc. manufactures and sells specialty materials and components worldwide. The company operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts. The segment serves aerospace and defense, medical, and energy markets. The AA&S segment produces zirconium and related alloys, including hafnium and niobium, nickel-based alloys, titanium and titanium-based alloys, and specialty alloys in a variety of forms, such as plate, sheet, and precision rolled strip products. It also provides hot-rolling conversion services, including carbon steel products, and titanium products. This segment offers its solutions to the energy, aerospace and defense, automotive, and electronics markets. The company was formerly known as Allegheny Technologies Incorporated. ATI Inc. was founded in 1960 and is headquartered in Dallas, Texas.Show more

Revenue$4.59B+5.2%
EBITDA$812M+10.5%
Net Income$404M+9.9%
EPS (Diluted)2.85+11.8%
Gross Margin21.79%+4.1%
EBITDA Margin17.7%+5.1%
Operating Margin13.84%-0.9%
Net Margin8.81%+4.5%
ROE20.88%-2.5%
ROIC14.47%-4.2%
Debt/Equity1.02+4.8%
Interest Coverage5.73+30.7%

Analysis→Technical→

ATI Key Insights

ATI Inc. (ATI) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Excellent 3Y average ROE of 24.5%
✓Strong Piotroski F-Score: 8/9
✓Momentum leader: RS Rating 88 (top 12%)
✓High quality earnings: Operating CF exceeds net income
✓Share count reduced 3.4% through buybacks
✓Trading near 52-week high

✗Weaknesses

✗Expensive at 12.2x book value

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

ATI Price & Volume

ATI Inc. (ATI) stock price & volume — 10-year historical chart

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ATI Growth Metrics

ATI Inc. (ATI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years2.12%

5 Years9%

3 Years6.14%

TTM2.93%

Profit CAGR

10 Years-

5 Years-

3 Years7.72%

TTM6.72%

EPS CAGR

10 Years-

5 Years-

3 Years8.52%

TTM9.82%

Return on Capital

10 Years3.13%

5 Years11.17%

3 Years14.42%

Last Year15.64%

ATI Recent Earnings

ATI Inc. (ATI) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 11/12 qtrs (92%)●Beat Revenue 6/12 qtrs (50%)

Q2 2026Latest

Apr 30, 2026

EPS

$1.00

Est $0.88

+13.6%

Revenue

$1.2B

Est $1.2B

-3.0%

Q1 2026

Feb 3, 2026

EPS

$0.93

Est $0.89

+4.5%

Revenue

$1.2B

Est $1.2B

-0.8%

Q4 2025

Oct 28, 2025

EPS

$0.85

Est $0.73

+16.0%

Revenue

$1.1B

Est $1.1B

+0.2%

Q3 2025

Jul 31, 2025

EPS

$0.74

Est $0.72

+2.8%

Revenue

$1.1B

Est $1.1B

-0.2%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 30, 2026	$1.00vs $0.88+13.6%	$1.2Bvs $1.2B-3.0%
Q1 2026	Feb 3, 2026	$0.93vs $0.89+4.5%	$1.2Bvs $1.2B-0.8%
Q4 2025	Oct 28, 2025	$0.85vs $0.73+16.0%	$1.1Bvs $1.1B+0.2%
Q3 2025	Jul 31, 2025	$0.74vs $0.72+2.8%	$1.1Bvs $1.1B-0.2%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
HWMHowmet Aerospace Inc.Direct Competitor	102.81B	256.43	69.12	11.06%	18.27%	28.17%	0.57
CRSCarpenter Technology CorporationDirect Competitor	22.76B	458.16	61.75	4.25%	15.82%	24.41%	0.39
MTRNMaterion CorporationDirect Competitor	4.09B	196.46	54.88	6.05%	3.99%	8.17%	0.64
NUENucor CorporationProduct Competitor	53.35B	234.22	31.15	5.73%	6.82%	10.58%	0.32
STLDSteel Dynamics, Inc.Product Competitor	35.04B	241.85	30.27	3.63%	7.22%	15.29%	0.47
CMCCommercial Metals CompanyProduct Competitor	8.01B	72.15	97.50	-1.61%	5.46%	10.15%	0.32
RSReliance Steel & Aluminum Co.Product Competitor	19.24B	376.48	26.93	3.32%	5.43%	11.17%	0.28
CLFCleveland-Cliffs Inc.Product Competitor	6.35B	11.15	-3.72	-3%	-7.94%	-23.38%	1.15

Compare ATI vs Peers

ATI Inc. (ATI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HWM

Most directly comparable listed peer for ATI.

Scale Benchmark

vs GE

Larger-name benchmark to compare ATI against a more recognizable public peer.

Peer Set

Compare Top 5

vs HWM, CRS, MTRN, NUE

ATI Income Statement

ATI Inc. (ATI) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Sales/Revenue	3.53B	4.05B	4.12B	2.98B	2.8B	3.84B	4.17B	4.36B	4.59B	4.59B
Revenue Growth %	12.46%	14.79%	1.88%	-27.66%	-6.11%	37.01%	8.8%	4.51%	5.16%	2.93%
Cost of Goods Sold	3.03B	3.42B	3.48B	2.69B	2.47B	3.12B	3.35B	3.45B	3.59B	3.56B
COGS % of Revenue	85.9%	84.42%	84.52%	90.18%	88.07%	81.38%	80.2%	79.06%	78.21%	-
Gross Profit	497M▲ 0%	630.3M▲ 26.8%	638M▲ 1.2%	292.8M▼ 54.1%	334M▲ 14.1%	714.2M▲ 113.8%	826.3M▲ 15.7%	913.5M▲ 10.6%	999.8M▲ 9.4%	1.04B▲ 0%
Gross Margin %	14.1%	15.58%	15.48%	9.82%	11.93%	18.62%	19.8%	20.94%	21.79%	22.53%
Gross Profit Growth %	112.3%	26.82%	1.22%	-54.11%	14.07%	113.83%	15.7%	10.55%	9.45%	-
Operating Expenses	362.4M	268.2M	271.7M	1.6B	216.4M	398.1M	359.9M	304.6M	365.1M	370.5M
OpEx % of Revenue	10.28%	6.63%	6.59%	53.5%	7.73%	10.38%	8.62%	6.98%	7.96%	-
Selling, General & Admin	302.3M	302.1M	340.8M	245.7M	33.1M	159.1M	407.8M	368.6M	343.8M	372.2M
SG&A % of Revenue	8.58%	7.47%	8.27%	8.24%	1.18%	4.15%	9.77%	8.45%	7.49%	-
Research & Development	14.7M	24.9M	20.2M	14.8M	20M	17.7M	22.1M	22.1M	21.3M	0
R&D % of Revenue	0.42%	0.62%	0.49%	0.5%	0.71%	0.46%	0.53%	0.51%	0.46%	-
Other Operating Expenses	45.4M	-58.8M	-89.3M	1.33B	163.3M	221.3M	-70M	-86.1M	0	-1000K
Operating Income	134.6M▲ 0%	362.1M▲ 169.0%	366.3M▲ 1.2%	-1.3B▼ 455.6%	117.6M▲ 109.0%	316.1M▲ 168.8%	466.4M▲ 47.5%	608.9M▲ 30.6%	634.7M▲ 4.2%	664.6M▲ 0%
Operating Margin %	3.82%	8.95%	8.89%	-43.68%	4.2%	8.24%	11.17%	13.96%	13.84%	14.47%
Operating Income Growth %	124.84%	169.02%	1.16%	-455.64%	109.03%	168.79%	47.55%	30.55%	4.24%	-
EBITDA	279.8M	518.5M	517.4M	-1.15B	243M	439.5M	587M	734.7M	812.1M	836.9M
EBITDA Margin %	7.94%	12.81%	12.55%	-38.61%	8.68%	11.46%	14.06%	16.84%	17.7%	18.22%
EBITDA Growth %	171.76%	85.31%	-0.21%	-322.54%	121.1%	80.86%	33.56%	25.16%	10.53%	7.86%
D&A (Non-Cash Add-back)	145.2M	156.4M	151.1M	151.3M	125.4M	123.4M	120.6M	125.8M	177.4M	172.3M
EBIT	194.7M	328.2M	297.2M	47.1M	367.1M	555.1M	418.5M	544.9M	634.7M	672.9M
Net Interest Income	-133.8M	-101M	-99M	-94.4M	-96.9M	-87.4M	-92.8M	-108.2M	-98.6M	-99.3M
Interest Income	0	0	5.9M	1.7M	0	4.7M	13M	16M	12.1M	0
Interest Expense	133.8M	101M	104.9M	96.1M	96.9M	92.1M	105.8M	124.2M	110.7M	99.3M
Other Income/Expense	-221.1M	-114.4M	-129.8M	-179.2M	115.8M	38.5M	-171.2M	-122.8M	-112.4M	-127.2M
Pretax Income	-86.5M▲ 0%	247.7M▲ 386.4%	236.5M▼ 4.5%	-1.48B▼ 726.6%	233.4M▲ 115.8%	354.6M▲ 51.9%	295.2M▼ 16.8%	486.1M▲ 64.7%	522.3M▲ 7.4%	537.4M▲ 0%
Pretax Margin %	-2.45%	6.12%	5.74%	-49.69%	8.34%	9.24%	7.07%	11.14%	11.39%	11.7%
Income Tax	-6.8M	11M	-28.5M	77.7M	26.8M	15.5M	-128.2M	103.4M	103.7M	98.8M
Effective Tax Rate %	7.86%	4.44%	-12.05%	-5.24%	11.48%	4.37%	-43.43%	21.27%	19.85%	18.38%
Net Income	-91.9M▲ 0%	222.4M▲ 342.0%	252.5M▲ 13.5%	-1.57B▼ 722.8%	184.6M▲ 111.7%	323.5M▲ 75.2%	410.8M▲ 27.0%	367.8M▼ 10.5%	404.3M▲ 9.9%	425.5M▲ 0%
Net Margin %	-2.61%	5.5%	6.12%	-52.73%	6.59%	8.43%	9.84%	8.43%	8.81%	9.26%
Net Income Growth %	85.66%	342%	13.53%	-722.81%	111.74%	75.24%	26.99%	-10.47%	9.92%	6.72%
Net Income (Continuing)	-79.7M	236.7M	265M	-1.56B	206.6M	339.1M	423.4M	382.7M	418.6M	438.6M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	105.1M	105.9M	103.1M	120.3M	147.1M	111.3M	107.5M	104.8M	112.2M	115.8M
EPS (Diluted)	-0.83▲ 0%	1.61▲ 294.0%	1.81▲ 12.4%	-12.43▼ 786.7%	1.31▲ 110.5%	2.23▲ 70.2%	2.81▲ 26.0%	2.55▼ 9.3%	2.85▲ 11.8%	3.05▲ 0%
EPS Growth %	86.1%	293.98%	12.42%	-786.74%	110.54%	70.23%	26.01%	-9.25%	11.76%	9.82%
EPS (Basic)	-0.83	1.78	2.01	-12.43	1.45	2.54	3.21	2.82	2.92	-
Diluted Shares Outstanding	110.1M	145.9M	146.5M	126.5M	127.1M	151.2M	150M	146.8M	141.8M	139.4M
Basic Shares Outstanding	110.1M	145.9M	125.8M	126.5M	127.1M	127.5M	128.1M	130.4M	138.6M	135.9M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	3.26%	-

ATI Balance Sheet

ATI Inc. (ATI) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Total Current Assets	1.92B	2.25B	2.3B	2.07B	2.31B	2.48B	2.74B	2.94B	2.68B	2.8B
Cash & Short-Term Investments	141.6M	382M	490.8M	645.9M	687.7M	584M	743.9M	721.2M	416.7M	401.7M
Cash Only	141.6M	382M	490.8M	645.9M	687.7M	584M	743.9M	721.2M	416.7M	401.7M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	545.3M	579M	592.6M	384.7M	523.9M	643.3M	684.1M	784.8M	758.9M	664.4M
Days Sales Outstanding	56.46	52.23	52.47	47.09	68.3	61.21	59.83	65.67	60.38	61.6
Inventory	1.18B	1.21B	1.16B	997.1M	1.05B	1.2B	1.25B	1.35B	1.4B	1.58B
Days Inventory Outstanding	141.76	129.39	121.02	135.33	154.88	139.8	136.03	143.2	142.76	148.73
Other Current Assets	52.7M	0	0	0	0	53.4M	62.2M	86M	101.2M	158.2M
Total Non-Current Assets	3.27B	3.26B	3.33B	1.97B	1.98B	1.97B	2.25B	2.29B	2.42B	2.43B
Property, Plant & Equipment	2.5B	2.48B	2.45B	1.47B	1.53B	1.55B	1.67B	1.78B	1.94B	1.95B
Fixed Asset Turnover	1.41x	1.63x	1.68x	2.03x	1.83x	2.48x	2.51x	2.45x	2.36x	2.43x
Goodwill	531.4M	534.7M	525.8M	240.7M	227.9M	227.2M	227.2M	227.2M	225.2M	225.2M
Intangible Assets	0	0	0	87.9M	65.9M	0	0	43.7M	35.9M	0
Long-Term Investments	0	0	0	0	0	0	0	900K	100K	1.2M
Other Non-Current Assets	242.6M	245.4M	355.7M	171.1M	156.2M	192.9M	354.3M	236.9M	217.8M	1.01B
Total Assets	5.19B▲ 0%	5.5B▲ 6.1%	5.63B▲ 2.4%	4.03B▼ 28.4%	4.29B▲ 6.2%	4.45B▲ 3.7%	4.99B▲ 12.1%	5.23B▲ 4.9%	5.1B▼ 2.5%	5.23B▲ 0%
Asset Turnover	0.68x	0.74x	0.73x	0.74x	0.65x	0.86x	0.84x	0.83x	0.90x	0.90x
Asset Growth %	0.3%	6.1%	2.41%	-28.39%	6.2%	3.74%	12.14%	4.92%	-2.5%	-0.76%
Total Current Liabilities	712.6M	836.9M	849.2M	653.3M	856.4M	963.9M	977.1M	1.21B	1.01B	1.05B
Accounts Payable	420.1M	498.8M	521.2M	290.6M	375.5M	553.3M	524.8M	609.1M	568.2M	654.9M
Days Payables Outstanding	50.64	53.29	54.6	39.44	55.58	64.69	57.22	64.47	57.81	57.65
Short-Term Debt	10.1M	6.6M	11.5M	17.8M	131.3M	41.7M	31.9M	180.4M	53.4M	33.2M
Deferred Revenue (Current)	0	71.4M	78.7M	111.8M	116.2M	149.1M	163.6M	169.4M	146.4M	477.3M
Other Current Liabilities	0	0	237.8M	233.1M	233.4M	219.8M	256.8M	249.6M	115.5M	361.4M
Current Ratio	2.69x	2.68x	2.71x	3.16x	2.69x	2.57x	2.80x	2.44x	2.66x	2.66x
Quick Ratio	1.04x	1.24x	1.35x	1.64x	1.47x	1.33x	1.53x	1.32x	1.27x	1.27x
Cash Conversion Cycle	147.59	128.33	118.89	142.97	167.59	136.32	138.63	144.4	145.33	152.68
Total Non-Current Liabilities	2.63B	2.67B	2.59B	2.74B	2.6B	2.32B	2.53B	2.07B	2.18B	2.3B
Long-Term Debt	1.53B	1.54B	1.39B	1.55B	1.71B	1.71B	2.15B	1.71B	1.81B	1.79B
Capital Lease Obligations	0	0	0	0	0	0	0	0	88.1M	88.1M
Deferred Tax Liabilities	9.7M	12.9M	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	1.09B	1.12B	1.2B	1.19B	884.5M	618.2M	379.8M	352M	190.8M	1.41B
Total Liabilities	3.34B	3.51B	3.44B	3.39B	3.45B	3.29B	3.5B	3.28B	3.18B	3.35B
Total Debt	1.54B	1.54B	1.4B	1.57B	1.84B	1.75B	2.18B	1.9B	1.95B	1.83B
Net Debt	1.4B	1.16B	908.1M	921.9M	1.16B	1.16B	1.44B	1.17B	1.53B	1.43B
Debt / Equity	0.84x	0.77x	0.64x	2.44x	2.21x	1.51x	1.47x	0.97x	1.02x	1.02x
Debt / EBITDA	5.51x	2.97x	2.70x	-	7.58x	3.98x	3.71x	2.58x	2.40x	2.18x
Net Debt / EBITDA	5.00x	2.24x	1.76x	-	4.75x	2.65x	2.45x	1.60x	1.89x	1.89x
Interest Coverage	1.46x	3.25x	2.83x	0.49x	3.79x	6.03x	3.96x	4.39x	5.73x	6.78x
Total Equity	1.84B▲ 0%	1.99B▲ 8.0%	2.19B▲ 10.1%	641.4M▼ 70.8%	832.7M▲ 29.8%	1.16B▲ 39.0%	1.48B▲ 27.9%	1.96B▲ 32.1%	1.92B▼ 2.0%	1.89B▲ 0%
Equity Growth %	27.66%	7.98%	10.12%	-70.76%	29.83%	38.97%	27.94%	32.06%	-1.97%	15.25%
Book Value per Share	16.75	13.65	14.97	5.07	6.55	7.65	9.87	13.32	13.52	13.53
Total Shareholders' Equity	1.74B	1.89B	2.09B	521.1M	685.6M	1.05B	1.37B	1.85B	1.8B	1.77B
Common Stock	12.7M	12.7M	12.7M	12.7M	12.7M	13.1M	13.2M	14.3M	14.3M	14.3M
Retained Earnings	1.18B	1.42B	1.68B	106.5M	72.7M	-480.9M	-70.1M	64.3M	468.7M	586.9M
Treasury Stock	-26.1M	-30.6M	-18.2M	0	-4.8M	-87M	-184M	-82.6M	-502.7M	0
Accumulated OCI	-1.03B	-1.13B	-1.2B	-1.22B	-991.7M	-67.4M	-83.2M	-89.5M	-60.4M	-62.9M
Minority Interest	105.1M	105.9M	103.1M	120.3M	147.1M	111.3M	107.5M	104.8M	112.2M	115.8M

ATI Cash Flow Statement

ATI Inc. (ATI) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Cash from Operations	22.4M	392.8M	230.1M	166.9M	16.1M	224.9M	85.9M	407.2M	614.3M	614.3M
Operating CF Margin %	0.64%	9.71%	5.58%	5.6%	0.57%	5.86%	2.06%	9.34%	13.39%	-
Operating CF Growth %	151.26%	1653.57%	-41.42%	-27.47%	-90.35%	1296.89%	-61.81%	374.04%	50.86%	1137.5%
Net Income	-79.7M	236.7M	265M	-1.56B	206.6M	339.1M	423.4M	382.7M	404.3M	425.5M
Depreciation & Amortization	160.8M	156.4M	151.1M	143.3M	143.9M	142.9M	146.1M	151.5M	168.1M	127.3M
Stock-Based Compensation	0	0	0	2.9M	21.1M	26M	29.1M	34.1M	29M	15.1M
Deferred Taxes	-1.4M	2.1M	-40.9M	69.9M	1M	-100K	-138.2M	86.4M	59.1M	50.1M
Other Non-Cash Items	150.9M	-17.1M	-50.5M	1.35B	48.8M	111.3M	3M	-68.6M	6.5M	-123M
Working Capital Changes	-208.2M	14.7M	-94.6M	163.3M	-405.3M	-394.3M	-377.5M	-178.9M	-52.7M	147.2M
Change in Receivables	-93.2M	16M	-52.1M	208.4M	-126M	-128.5M	-46.1M	-85M	27.1M	163.6M
Change in Inventory	-139.2M	-108.5M	25.4M	158.2M	-53.9M	-190.8M	-51.8M	-118.5M	-52.8M	-191M
Change in Payables	125.8M	153.7M	30.1M	-230.5M	88.5M	156.1M	-29.8M	87.6M	-43.4M	86M
Cash from Investing	-119.6M	-145.1M	81.7M	-128.7M	-77.3M	-126.7M	-193.2M	-159.6M	-234.5M	-237.5M
Capital Expenditures	-122.7M	-139.2M	-168.2M	-136.5M	-152.6M	-130.9M	-200.7M	-239.1M	-280.6M	-72.1M
CapEx % of Revenue	3.48%	3.44%	4.08%	4.58%	5.45%	3.41%	4.81%	5.48%	6.12%	-
Acquisitions	0	-10M	158.1M	0	53.1M	300K	-300K	48M	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	3.1M	4.1M	91.8M	7.8M	22.2M	3.9M	7.8M	31.5M	46.1M	-165.4M
Cash from Financing	9.2M	-7.3M	-203M	116.9M	103M	-201.9M	267.2M	-260.4M	-699.9M	-681.2M
Debt Issued (Net)	-342.9M	-5.2M	-152.7M	179.5M	181.8M	-28.7M	385.8M	-34.5M	-182.6M	-96M
Equity Issued (Net)	393M	-6.5M	-9.9M	-7.8M	-4.8M	-145.6M	-96.4M	-286M	-470M	-496.9M
Dividends Paid	0	0	0	0	0	0	0	0	-13.2M	0
Share Repurchases	-4.8M	-6.5M	-9.9M	-7.8M	-4.8M	-145.6M	-96.4M	-286M	-470M	-415.8M
Other Financing	-40.9M	4.4M	-40.4M	-54.8M	-74M	-27.6M	-22.2M	60.1M	-34.1M	-88.3M
Net Change in Cash	-88M▲ 0%	240.4M▲ 373.2%	108.8M▼ 54.7%	155.1M▲ 42.6%	41.8M▼ 73.0%	-103.7M▼ 348.1%	159.9M▲ 254.2%	-22.7M▼ 114.2%	-304.5M▼ 1241.4%	-74.1M▲ 0%
Free Cash Flow	-100.3M▲ 0%	253.6M▲ 352.8%	61.9M▼ 75.6%	30.4M▼ 50.9%	-136.5M▼ 549.0%	94M▲ 168.9%	-114.8M▼ 222.1%	168.1M▲ 246.4%	333.7M▲ 98.5%	552.5M▲ 0%
FCF Margin %	-2.85%	6.27%	1.5%	1.02%	-4.88%	2.45%	-2.75%	3.85%	7.27%	12.03%
FCF Growth %	59.21%	352.84%	-75.59%	-50.89%	-549.01%	168.86%	-222.13%	246.43%	98.51%	195.61%
FCF per Share	-0.91	1.74	0.42	0.24	-1.07	0.62	-0.77	1.15	2.35	2.35
FCF Conversion (FCF/Net Income)	-0.24x	1.77x	0.91x	-0.11x	0.09x	0.70x	0.21x	1.11x	1.52x	1.30x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

ATI Key Ratios

ATI Inc. (ATI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	-5.59%	11.6%	12.07%	-110.96%	25.05%	32.51%	31.15%	21.41%	20.88%	22.73%
Return on Invested Capital (ROIC)	3.19%	8.49%	8.79%	-41.89%	4.97%	11%	13.36%	15.11%	14.47%	14.47%
Gross Margin	14.1%	15.58%	15.48%	9.82%	11.93%	18.62%	19.8%	20.94%	21.79%	22.53%
Net Margin	-2.61%	5.5%	6.12%	-52.73%	6.59%	8.43%	9.84%	8.43%	8.81%	9.26%
Debt / Equity	0.84x	0.77x	0.64x	2.44x	2.21x	1.51x	1.47x	0.97x	1.02x	1.02x
Interest Coverage	1.46x	3.25x	2.83x	0.49x	3.79x	6.03x	3.96x	4.39x	5.73x	6.78x
FCF Conversion	-0.24x	1.77x	0.91x	-0.11x	0.09x	0.70x	0.21x	1.11x	1.52x	1.30x
Revenue Growth	12.46%	14.79%	1.88%	-27.66%	-6.11%	37.01%	8.8%	4.51%	5.16%	2.93%

ATI SEC Filings & Documents

ATI Inc. (ATI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 30, 2026·SEC

Material company update

Feb 19, 2026·SEC

Material company update

Feb 3, 2026·SEC

10-K Annual Reports

FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 21, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

FY 2026

Apr 30, 2026·SEC

FY 2025

Oct 28, 2025·SEC

FY 2025

Jul 31, 2025·SEC

ATI Frequently Asked Questions

ATI Inc. (ATI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

ATI Inc. (ATI) reported $4.59B in revenue for fiscal year 2025. This represents a 20% increase from $3.82B in 1996.

ATI Inc. (ATI) grew revenue by 5.2% over the past year. This is steady growth.

Yes, ATI Inc. (ATI) is profitable, generating $425.5M in net income for fiscal year 2025 (8.8% net margin).

Dividend & Returns

ATI Inc. (ATI) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.

ATI Inc. (ATI) has a return on equity (ROE) of 20.9%. This is excellent, indicating efficient use of shareholder capital.

ATI Inc. (ATI) generated $552.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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