ATS Corporation (ATS) 10-Year Financial Performance & Capital Metrics

ATS • • Industrial / General

IndustrialsIndustrial MachineryIndustrial Automation & RoboticsFactory Automation Systems

AboutATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. In addition, it offers pre-automation services comprising discovery and analysis, concept development, simulation, and total cost of ownership modelling; post automation services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits, and equipment relocation; and contract manufacturing services, as well as after sales and services. Further, the company provides engineering design, prototyping, process verification, specification writing, software and manufacturing process controls development, standard automation products/platforms, equipment design and build, third-party equipment qualification, procurement and integration, automation system installation, product line commissioning, validation, and documentation services. Additionally, it offers value engineering, supply chain management, and integration and manufacturing capabilities, as well as other automation products and solutions; and software and digital solutions comprising connected factory floor management systems to capture, analyze, and use real time machine performance data to troubleshoot, deliver process and product solutions, prevent equipment downtime, drive operational efficiency, and unlock performance for sustainable production improvements. ATS Corporation serves life sciences, transportation and mobility, consumer products, food and beverage, electronics, nuclear, packaging, warehousing and distribution, and energy markets. The company was formerly known as ATS Automation Tooling Systems Inc. and changed its name to ATS Corporation in November 2022. ATS Corporation was founded in 1978 and is headquartered in Cambridge, Canada.Show more

Revenue $2.53B -16.5%
EBITDA $162M -64.5%
Net Income -$28M -114.5%
EPS (Diluted) -0.29 -114.7%
Gross Margin 25.53% -9.5%
EBITDA Margin 6.39% -57.5%
Operating Margin 0.37% -96.5%
Net Margin -1.11% -117.3%
ROE -1.65% -112.0%
ROIC 0.23% -97.5%
Debt/Equity 0.99 +30.1%
Interest Coverage 0.09 -97.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 12.1%

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow

Price & Volume

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Growth Metrics

Revenue CAGR

10Y10.47%

5Y12.12%

3Y5.09%

TTM-5.58%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-103.58%

EPS CAGR

10Y-

5Y-

3Y-

TTM-104.2%

ROCE

10Y Avg8.18%

5Y Avg8.39%

3Y Avg7.02%

Latest0.28%

Peer Comparison

Factory Automation Systems

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ROKRockwell Automation, Inc.	47.35B	421.13	54.91	0.97%	10.41%	23.42%	2.87%	0.98
HIHillenbrand, Inc.	2.24B	31.83	43.01	-15.99%	1.61%	3.03%	0.8%	1.12
EMREmerson Electric Co.	83.23B	148.02	36.64	3%	12.73%	11.3%	3.2%	0.68
PSNParsons Corporation	7.69B	72.22	34.07	24.03%	5.96%	14.52%	6.17%	0.56
EPACEnerpac Tool Group Corp.	2.18B	41.40	24.35	4.65%	14.64%	20.92%	4.21%	0.53
OTISOtis Worldwide Corporation	35.21B	90.35	22.20	0.37%	9.41%		4.08%
TNCTennant Company	1.45B	79.73	18.20	3.47%	4.42%	8.53%	4.73%	0.41
CXTCrane NXT, Co.	2.97B	51.73	16.22	6.86%	9.8%	12.76%	5.68%	0.76

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales/Revenue+	1.04B	1.01B	1.11B	1.25B	1.43B	1.43B	2.18B	2.58B	3.03B	2.53B
Revenue Growth %	0.11%	-0.03%	0.1%	0.12%	0.14%	0%	0.53%	0.18%	0.18%	-0.16%
Cost of Goods Sold+	780.95M	760.25M	826.77M	924.9M	1.07B	1.05B	1.57B	1.85B	2.18B	1.89B
COGS % of Revenue	0.75%	0.75%	0.74%	0.74%	0.75%	0.73%	0.72%	0.72%	0.72%	0.74%
Gross Profit+	258.69M	250.66M	288.16M	328.72M	362.13M	384.26M	612.43M	725.81M	855.5M	646.65M
Gross Margin %	0.25%	0.25%	0.26%	0.26%	0.25%	0.27%	0.28%	0.28%	0.28%	0.26%
Gross Profit Growth %	0.06%	-0.03%	0.15%	0.14%	0.1%	0.06%	0.59%	0.19%	0.18%	-0.24%
Operating Expenses+	181.94M	178.72M	202.7M	213.92M	266.52M	264.65M	425.82M	503.32M	540.11M	637.39M
OpEx % of Revenue	0.17%	0.18%	0.18%	0.17%	0.19%	0.19%	0.2%	0.2%	0.18%	0.25%
Selling, General & Admin	181.94M	178.72M	202.7M	213.92M	239.9M	250.29M	340.58M	393.77M	431.64M	525.93M
SG&A % of Revenue	0.17%	0.18%	0.18%	0.17%	0.17%	0.18%	0.16%	0.15%	0.14%	0.21%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	26.62M	14.36M	85.24M	109.55M	108.47M	111.46M
Operating Income+	76.76M	71.94M	85.46M	114.8M	95.61M	119.61M	186.61M	222.49M	315.39M	9.26M
Operating Margin %	0.07%	0.07%	0.08%	0.09%	0.07%	0.08%	0.09%	0.09%	0.1%	0%
Operating Income Growth %	0.15%	-0.06%	0.19%	0.34%	-0.17%	0.25%	0.56%	0.19%	0.42%	-0.97%
EBITDA+	116.12M	106.5M	122.13M	157.19M	167.01M	190.53M	302.03M	347.98M	456.56M	161.93M
EBITDA Margin %	0.11%	0.11%	0.11%	0.13%	0.12%	0.13%	0.14%	0.14%	0.15%	0.06%
EBITDA Growth %	0.08%	-0.08%	0.15%	0.29%	0.06%	0.14%	0.59%	0.15%	0.31%	-0.65%
D&A (Non-Cash Add-back)	39.36M	34.56M	36.67M	42.39M	71.4M	70.92M	115.42M	125.49M	141.17M	152.67M
EBIT	76.94M	72.59M	87.39M	119.9M	97.68M	121.23M	187.12M	224.45M	317.37M	15.3M
Net Interest Income+	-26.65M	-25.55M	-23.77M	-20.91M	-28.07M	-40.15M	-32.2M	-62.72M	-68.7M	-92.19M
Interest Income	183K	656K	1.92M	5.11M	2.06M	1.62M	508K	1.96M	1.98M	6.05M
Interest Expense	26.84M	26.21M	25.69M	26.02M	30.14M	41.77M	32.71M	64.68M	70.68M	98.24M
Other Income/Expense	-26.65M	-25.55M	-23.77M	-20.91M	-28.07M	-40.15M	-32.2M	-62.72M	-68.7M	-92.19M
Pretax Income+	50.1M	46.38M	61.7M	93.89M	67.54M	79.46M	154.41M	159.77M	246.69M	-82.94M
Pretax Margin %	0.05%	0.05%	0.06%	0.07%	0.05%	0.06%	0.07%	0.06%	0.08%	-0.03%
Income Tax+	10.51M	11.36M	14.49M	23.12M	14.59M	15.35M	33.02M	32.07M	52.51M	-54.96M
Effective Tax Rate %	0.79%	0.75%	0.76%	0.75%	0.78%	0.81%	0.79%	0.8%	0.79%	0.34%
Net Income+	39.55M	34.99M	47.16M	70.74M	52.9M	64.09M	122.1M	127.43M	193.74M	-28.05M
Net Margin %	0.04%	0.03%	0.04%	0.06%	0.04%	0.04%	0.06%	0.05%	0.06%	-0.01%
Net Income Growth %	-0.28%	-0.12%	0.35%	0.5%	-0.25%	0.21%	0.91%	0.04%	0.52%	-1.14%
Net Income (Continuing)	39.6M	35.03M	47.21M	70.76M	52.95M	64.1M	121.39M	127.7M	194.18M	-27.98M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	215K	248K	292K	311K	553.62K	12.01M	4.09M	3.73M	3.28M	3.58M
EPS (Diluted)+	0.43	0.38	0.50	0.75	0.57	0.69	1.32	1.38	1.97	-0.29
EPS Growth %	-0.28%	-0.12%	0.32%	0.5%	-0.24%	0.21%	0.91%	0.05%	0.43%	-1.15%
EPS (Basic)	0.43	0.38	0.50	0.76	0.57	0.70	1.32	1.39	1.98	-0.29
Diluted Shares Outstanding	92.66M	92.81M	94.04M	94.05M	92.46M	92.37M	92.63M	92.24M	98.58M	97.98M
Basic Shares Outstanding	92.18M	92.57M	93.73M	93.54M	92.1M	92.2M	92.21M	91.84M	97.76M	97.98M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Current Assets+	637.16M	661.57M	789.09M	756.99M	691.75M	740.13M	1.15B	1.45B	1.75B	1.91B
Cash & Short-Term Investments	170.03M	286.7M	330.15M	224.54M	251.97M	149.16M	135.28M	159.87M	170.18M	225.95M
Cash Only	170.03M	286.7M	330.15M	224.54M	251.97M	149.16M	135.28M	159.87M	170.18M	225.95M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	398.61M	310.78M	377.92M	435.74M	369.82M	451.09M	744.82M	955.71M	1.21B	1.28B
Days Sales Outstanding	139.94	112.21	123.72	126.87	94.41	115.13	124.55	135.34	145.48	184.35
Inventory	46.2M	47.98M	58.51M	68M	55.46M	123.16M	207.87M	256.87M	295.88M	320.17M
Days Inventory Outstanding	21.59	23.04	25.83	26.83	18.96	42.98	48.32	50.64	49.6	61.94
Other Current Assets	5.92M	1.49M	2.71M	2.53M	3.81M	3.8M	5.58M	4.2M	5.05M	5.08M
Total Non-Current Assets+	730.3M	713M	753.13M	931.85M	782.22M	1.01B	1.92B	2.09B	2.34B	2.72B
Property, Plant & Equipment	71.06M	69.23M	85.1M	97.67M	138.72M	201.19M	303.41M	357.33M	402.64M	447.34M
Fixed Asset Turnover	14.63x	14.60x	13.10x	12.84x	10.31x	7.11x	7.19x	7.21x	7.53x	5.66x
Goodwill	431.75M	423.25M	459.16M	551.64M	427.33M	530.7M	1.02B	1.12B	1.23B	1.39B
Intangible Assets	177.06M	156.07M	148.87M	213.94M	154.68M	224.55M	568.18M	593.21M	679.55M	758.53M
Long-Term Investments	47.89M	9.25M	0	2.45M	14.21M	4.09M	0	0	18.4M	1.34M
Other Non-Current Assets	0	53.06M	57.01M	62.95M	45.36M	42.32M	18.63M	16.68M	14K	10.71M
Total Assets+	1.37B	1.37B	1.54B	1.69B	1.47B	1.75B	3.07B	3.54B	4.09B	4.62B
Asset Turnover	0.76x	0.74x	0.72x	0.74x	0.97x	0.82x	0.71x	0.73x	0.74x	0.55x
Asset Growth %	0.12%	0.01%	0.12%	0.1%	-0.13%	0.19%	0.75%	0.15%	0.15%	0.13%
Total Current Liabilities+	332.8M	297.19M	366.35M	457.53M	325.06M	527.99M	845.01M	1.04B	1.03B	1.13B
Accounts Payable	178.83M	183.84M	240.09M	254.23M	178.73M	252.21M	501.46M	647.63M	519.9M	665.11M
Days Payables Outstanding	83.58	88.26	106	100.33	61.11	88.02	116.56	127.67	87.15	128.68
Short-Term Debt	7.58M	2.73M	3.06M	20.5M	14.33M	13.03M	1.81M	5.89M	4.24M	27.49M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	146.39M	14.12M	20.99M	13.94M	22.57M	23.1M	24.82M	30.6M	36.27M	29.96M
Current Ratio	1.91x	2.23x	2.15x	1.65x	2.13x	1.40x	1.36x	1.39x	1.70x	1.69x
Quick Ratio	1.78x	2.06x	1.99x	1.51x	1.96x	1.17x	1.11x	1.15x	1.42x	1.41x
Cash Conversion Cycle	77.96	46.98	43.56	53.37	52.26	70.09	56.31	58.31	107.93	117.62
Total Non-Current Liabilities+	384.11M	391.38M	417.1M	441.68M	538.36M	499.49M	1.24B	1.37B	1.38B	1.79B
Long-Term Debt	316.12M	325.95M	315.13M	328.25M	420.11M	342.63M	1.02B	1.16B	1.17B	1.54B
Capital Lease Obligations	0	0	-28.15M	0	33.17M	50.01M	62.86M	73.25M	83.81M	96.7M
Deferred Tax Liabilities	39.74M	38.76M	42.91M	78.58M	61M	62.83M	126.11M	104.46M	81.35M	100.57M
Other Non-Current Liabilities	28.25M	26.67M	30.91M	34.85M	24.09M	44.02M	33.07M	36.2M	38.69M	46.32M
Total Liabilities	716.91M	688.56M	783.45M	899.21M	863.43M	1.03B	2.08B	2.41B	2.4B	2.91B
Total Debt+	323.7M	328.68M	318.19M	348.75M	467.61M	405.67M	1.1B	1.26B	1.29B	1.7B
Net Debt	153.66M	41.98M	-11.96M	124.21M	215.64M	256.52M	966.01M	1.1B	1.12B	1.47B
Debt / Equity	0.50x	0.48x	0.42x	0.44x	0.77x	0.56x	1.12x	1.11x	0.76x	0.99x
Debt / EBITDA	2.79x	3.09x	2.61x	2.22x	2.80x	2.13x	3.65x	3.62x	2.82x	10.50x
Net Debt / EBITDA	1.32x	0.39x	-0.10x	0.79x	1.29x	1.35x	3.20x	3.16x	2.45x	9.11x
Interest Coverage	2.86x	2.74x	3.33x	4.41x	3.17x	2.86x	5.71x	3.44x	4.46x	0.09x
Total Equity+	650.55M	686.01M	758.77M	789.63M	610.54M	724.32M	985.68M	1.13B	1.68B	1.71B
Equity Growth %	0.14%	0.05%	0.11%	0.04%	-0.23%	0.19%	0.36%	0.15%	0.49%	0.02%
Book Value per Share	7.02	7.39	8.07	8.40	6.60	7.84	10.64	12.26	17.08	17.45
Total Shareholders' Equity	650.34M	685.76M	758.48M	789.32M	609.99M	712.31M	981.6M	1.13B	1.68B	1.71B
Common Stock	528.18M	543.32M	548.75M	516.61M	366.66M	418.86M	530.24M	520.63M	865.9M	842.01M
Retained Earnings	40.63M	74.6M	121.37M	191.45M	170.07M	236.96M	416.77M	530.71M	724.5M	660.37M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	68.32M	54.97M	75.83M	69.55M	65.05M	47.6M	22.85M	60.04M	64.16M	166.85M
Minority Interest	215K	248K	292K	311K	553.62K	12.01M	4.09M	3.73M	3.28M	3.58M

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	35.76M	127.9M	59.69M	127.6M	20.35M	216.16M	216.16M	127.8M	20.78M	25.77M
Operating CF Margin %	0.03%	0.13%	0.05%	0.1%	0.01%	0.15%	0.1%	0.05%	0.01%	0.01%
Operating CF Growth %	-0.56%	2.58%	-0.53%	1.14%	-0.84%	9.62%	0%	-0.41%	-0.84%	0.24%
Net Income	39.6M	35.03M	47.21M	70.76M	52.95M	121.39M	121.39M	127.7M	193.74M	-27.98M
Depreciation & Amortization	39.36M	34.56M	36.67M	42.39M	71.4M	115.42M	115.42M	125.49M	141.17M	152.67M
Stock-Based Compensation	2.64M	6.81M	8.28M	9.85M	6.25M	1.36M	1.36M	5.09M	11.25M	10.56M
Deferred Taxes	-232K	1.9M	866K	13.72M	-951K	-35.61M	-35.61M	-37.54M	-29.91M	-84.55M
Other Non-Cash Items	-14.79M	-6.94M	-6.37M	-11.59M	3.27M	27.89M	27.89M	16.47M	-19.83M	-16.97M
Working Capital Changes	-30.81M	56.54M	-26.96M	2.46M	-112.57M	-14.3M	-14.3M	-109.41M	-275.64M	-7.97M
Change in Receivables	0	0	0	0	0	0	0	-209.41M	-50.52M	-57.76M
Change in Inventory	0	0	0	0	0	0	0	-48.41M	-12.2M	1.56M
Change in Payables	0	0	0	0	0	0	0	129.24M	-69.92M	42.13M
Cash from Investing+	8.87M	-17.81M	-23.38M	-192.06M	-109.8M	-797.47M	-797.47M	-109.02M	-341.98M	-268.44M
Capital Expenditures	-15.66M	-17.9M	-25.98M	-40.92M	-45.45M	-36.31M	-36.31M	-56.1M	-54.43M	-33.95M
CapEx % of Revenue	0.02%	0.02%	0.02%	0.03%	0.03%	0.03%	0.02%	0.02%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	22.32M	84K	2.59M	5.21M	-10.98M	-16.14M	-16.14M	-22.73M	-34.03M	-55.1M
Cash from Financing+	16M	7.1M	3.33M	-41.22M	222.31M	531.53M	531.53M	4.88M	330.92M	290.28M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	8.69M	12.44M	4.14M	5.41M	5.99M	-35.19M	-35.19M	4.51M	-26.08M	24.76M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	20.1M	110M	33.71M	86.68M	-36.22M	162.9M	162.9M	47.5M	-67.68M	-52.26M
FCF Margin %	0.02%	0.11%	0.03%	0.07%	-0.03%	0.11%	0.07%	0.02%	-0.02%	-0.02%
FCF Growth %	-0.68%	4.47%	-0.69%	1.57%	-1.42%	5.5%	0%	-0.71%	-2.42%	0.23%
FCF per Share	0.22	1.19	0.36	0.92	-0.39	1.76	1.76	0.51	-0.69	-0.53
FCF Conversion (FCF/Net Income)	0.90x	3.65x	1.27x	1.80x	0.38x	3.37x	1.77x	1.00x	0.11x	-0.92x
Interest Paid	16.62M	23.22M	21.75M	26.24M	30.36M	30.8M	30.8M	58.45M	68.53M	95.15M
Taxes Paid	10.08M	10.79M	10.23M	10.47M	10.81M	24.13M	24.13M	58.4M	49.51M	61.94M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	6.48%	5.24%	6.53%	9.14%	7.56%	9.6%	14.28%	12.04%	13.77%	-1.65%
Return on Invested Capital (ROIC)	7.38%	7.04%	8.69%	10.37%	8.24%	9.93%	9.55%	7.98%	9.4%	0.23%
Gross Margin	24.88%	24.8%	25.85%	26.22%	25.33%	26.87%	28.06%	28.16%	28.21%	25.53%
Net Margin	3.8%	3.46%	4.23%	5.64%	3.7%	4.48%	5.59%	4.94%	6.39%	-1.11%
Debt / Equity	0.50x	0.48x	0.42x	0.44x	0.77x	0.56x	1.12x	1.11x	0.76x	0.99x
Interest Coverage	2.86x	2.74x	3.33x	4.41x	3.17x	2.86x	5.71x	3.44x	4.46x	0.09x
FCF Conversion	0.90x	3.65x	1.27x	1.80x	0.38x	3.37x	1.77x	1.00x	0.11x	-0.92x
Revenue Growth	11.06%	-2.76%	10.29%	12.44%	14.05%	0.02%	52.63%	18.08%	17.67%	-16.47%

Revenue by Geography

	2025
UNITED STATES	1.04B
UNITED STATES Growth	-
Other Europe	599.08M
Other Europe Growth	-
All Other Countries	427.39M
All Other Countries Growth	-
GERMANY	251.14M
GERMANY Growth	-
ITALY	87.84M
ITALY Growth	-

Frequently Asked Questions

Growth & Financials

ATS Corporation (ATS) reported $2.69B in revenue for fiscal year 2025. This represents a 352% increase from $595.4M in 2012.

ATS Corporation (ATS) saw revenue decline by 16.5% over the past year.

ATS Corporation (ATS) reported a net loss of $4.6M for fiscal year 2025.

Dividend & Returns

ATS Corporation (ATS) has a return on equity (ROE) of -1.7%. Negative ROE indicates the company is unprofitable.

ATS Corporation (ATS) generated $220.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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ATS Corporation (ATS) 10-Year Financial Performance & Capital Metrics

ATS • • Industrial / General

IndustrialsIndustrial MachineryIndustrial Automation & RoboticsFactory Automation Systems

Revenue $2.53B -16.5%
EBITDA $162M -64.5%
Net Income -$28M -114.5%
EPS (Diluted) -0.29 -114.7%
Gross Margin 25.53% -9.5%
EBITDA Margin 6.39% -57.5%
Operating Margin 0.37% -96.5%
Net Margin -1.11% -117.3%
ROE -1.65% -112.0%
ROIC 0.23% -97.5%
Debt/Equity 0.99 +30.1%
Interest Coverage 0.09 -97.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y sales CAGR of 12.1%

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y10.47%

5Y12.12%

3Y5.09%

TTM-5.58%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-103.58%

EPS CAGR

10Y-

5Y-

3Y-

TTM-104.2%

ROCE

10Y Avg8.18%

5Y Avg8.39%

3Y Avg7.02%

Latest0.28%

Peer Comparison

Factory Automation Systems

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
ROKRockwell Automation, Inc.	47.35B	421.13	54.91	0.97%	10.41%	23.42%	2.87%	0.98
HIHillenbrand, Inc.	2.24B	31.83	43.01	-15.99%	1.61%	3.03%	0.8%	1.12
EMREmerson Electric Co.	83.23B	148.02	36.64	3%	12.73%	11.3%	3.2%	0.68
PSNParsons Corporation	7.69B	72.22	34.07	24.03%	5.96%	14.52%	6.17%	0.56
EPACEnerpac Tool Group Corp.	2.18B	41.40	24.35	4.65%	14.64%	20.92%	4.21%	0.53
OTISOtis Worldwide Corporation	35.21B	90.35	22.20	0.37%	9.41%		4.08%
TNCTennant Company	1.45B	79.73	18.20	3.47%	4.42%	8.53%	4.73%	0.41
CXTCrane NXT, Co.	2.97B	51.73	16.22	6.86%	9.8%	12.76%	5.68%	0.76

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales/Revenue+	1.04B	1.01B	1.11B	1.25B	1.43B	1.43B	2.18B	2.58B	3.03B	2.53B
Revenue Growth %	0.11%	-0.03%	0.1%	0.12%	0.14%	0%	0.53%	0.18%	0.18%	-0.16%
Cost of Goods Sold+	780.95M	760.25M	826.77M	924.9M	1.07B	1.05B	1.57B	1.85B	2.18B	1.89B
COGS % of Revenue	0.75%	0.75%	0.74%	0.74%	0.75%	0.73%	0.72%	0.72%	0.72%	0.74%
Gross Profit+	258.69M	250.66M	288.16M	328.72M	362.13M	384.26M	612.43M	725.81M	855.5M	646.65M
Gross Margin %	0.25%	0.25%	0.26%	0.26%	0.25%	0.27%	0.28%	0.28%	0.28%	0.26%
Gross Profit Growth %	0.06%	-0.03%	0.15%	0.14%	0.1%	0.06%	0.59%	0.19%	0.18%	-0.24%
Operating Expenses+	181.94M	178.72M	202.7M	213.92M	266.52M	264.65M	425.82M	503.32M	540.11M	637.39M
OpEx % of Revenue	0.17%	0.18%	0.18%	0.17%	0.19%	0.19%	0.2%	0.2%	0.18%	0.25%
Selling, General & Admin	181.94M	178.72M	202.7M	213.92M	239.9M	250.29M	340.58M	393.77M	431.64M	525.93M
SG&A % of Revenue	0.17%	0.18%	0.18%	0.17%	0.17%	0.18%	0.16%	0.15%	0.14%	0.21%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	26.62M	14.36M	85.24M	109.55M	108.47M	111.46M
Operating Income+	76.76M	71.94M	85.46M	114.8M	95.61M	119.61M	186.61M	222.49M	315.39M	9.26M
Operating Margin %	0.07%	0.07%	0.08%	0.09%	0.07%	0.08%	0.09%	0.09%	0.1%	0%
Operating Income Growth %	0.15%	-0.06%	0.19%	0.34%	-0.17%	0.25%	0.56%	0.19%	0.42%	-0.97%
EBITDA+	116.12M	106.5M	122.13M	157.19M	167.01M	190.53M	302.03M	347.98M	456.56M	161.93M
EBITDA Margin %	0.11%	0.11%	0.11%	0.13%	0.12%	0.13%	0.14%	0.14%	0.15%	0.06%
EBITDA Growth %	0.08%	-0.08%	0.15%	0.29%	0.06%	0.14%	0.59%	0.15%	0.31%	-0.65%
D&A (Non-Cash Add-back)	39.36M	34.56M	36.67M	42.39M	71.4M	70.92M	115.42M	125.49M	141.17M	152.67M
EBIT	76.94M	72.59M	87.39M	119.9M	97.68M	121.23M	187.12M	224.45M	317.37M	15.3M
Net Interest Income+	-26.65M	-25.55M	-23.77M	-20.91M	-28.07M	-40.15M	-32.2M	-62.72M	-68.7M	-92.19M
Interest Income	183K	656K	1.92M	5.11M	2.06M	1.62M	508K	1.96M	1.98M	6.05M
Interest Expense	26.84M	26.21M	25.69M	26.02M	30.14M	41.77M	32.71M	64.68M	70.68M	98.24M
Other Income/Expense	-26.65M	-25.55M	-23.77M	-20.91M	-28.07M	-40.15M	-32.2M	-62.72M	-68.7M	-92.19M
Pretax Income+	50.1M	46.38M	61.7M	93.89M	67.54M	79.46M	154.41M	159.77M	246.69M	-82.94M
Pretax Margin %	0.05%	0.05%	0.06%	0.07%	0.05%	0.06%	0.07%	0.06%	0.08%	-0.03%
Income Tax+	10.51M	11.36M	14.49M	23.12M	14.59M	15.35M	33.02M	32.07M	52.51M	-54.96M
Effective Tax Rate %	0.79%	0.75%	0.76%	0.75%	0.78%	0.81%	0.79%	0.8%	0.79%	0.34%
Net Income+	39.55M	34.99M	47.16M	70.74M	52.9M	64.09M	122.1M	127.43M	193.74M	-28.05M
Net Margin %	0.04%	0.03%	0.04%	0.06%	0.04%	0.04%	0.06%	0.05%	0.06%	-0.01%
Net Income Growth %	-0.28%	-0.12%	0.35%	0.5%	-0.25%	0.21%	0.91%	0.04%	0.52%	-1.14%
Net Income (Continuing)	39.6M	35.03M	47.21M	70.76M	52.95M	64.1M	121.39M	127.7M	194.18M	-27.98M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	215K	248K	292K	311K	553.62K	12.01M	4.09M	3.73M	3.28M	3.58M
EPS (Diluted)+	0.43	0.38	0.50	0.75	0.57	0.69	1.32	1.38	1.97	-0.29
EPS Growth %	-0.28%	-0.12%	0.32%	0.5%	-0.24%	0.21%	0.91%	0.05%	0.43%	-1.15%
EPS (Basic)	0.43	0.38	0.50	0.76	0.57	0.70	1.32	1.39	1.98	-0.29
Diluted Shares Outstanding	92.66M	92.81M	94.04M	94.05M	92.46M	92.37M	92.63M	92.24M	98.58M	97.98M
Basic Shares Outstanding	92.18M	92.57M	93.73M	93.54M	92.1M	92.2M	92.21M	91.84M	97.76M	97.98M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Current Assets+	637.16M	661.57M	789.09M	756.99M	691.75M	740.13M	1.15B	1.45B	1.75B	1.91B
Cash & Short-Term Investments	170.03M	286.7M	330.15M	224.54M	251.97M	149.16M	135.28M	159.87M	170.18M	225.95M
Cash Only	170.03M	286.7M	330.15M	224.54M	251.97M	149.16M	135.28M	159.87M	170.18M	225.95M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	398.61M	310.78M	377.92M	435.74M	369.82M	451.09M	744.82M	955.71M	1.21B	1.28B
Days Sales Outstanding	139.94	112.21	123.72	126.87	94.41	115.13	124.55	135.34	145.48	184.35
Inventory	46.2M	47.98M	58.51M	68M	55.46M	123.16M	207.87M	256.87M	295.88M	320.17M
Days Inventory Outstanding	21.59	23.04	25.83	26.83	18.96	42.98	48.32	50.64	49.6	61.94
Other Current Assets	5.92M	1.49M	2.71M	2.53M	3.81M	3.8M	5.58M	4.2M	5.05M	5.08M
Total Non-Current Assets+	730.3M	713M	753.13M	931.85M	782.22M	1.01B	1.92B	2.09B	2.34B	2.72B
Property, Plant & Equipment	71.06M	69.23M	85.1M	97.67M	138.72M	201.19M	303.41M	357.33M	402.64M	447.34M
Fixed Asset Turnover	14.63x	14.60x	13.10x	12.84x	10.31x	7.11x	7.19x	7.21x	7.53x	5.66x
Goodwill	431.75M	423.25M	459.16M	551.64M	427.33M	530.7M	1.02B	1.12B	1.23B	1.39B
Intangible Assets	177.06M	156.07M	148.87M	213.94M	154.68M	224.55M	568.18M	593.21M	679.55M	758.53M
Long-Term Investments	47.89M	9.25M	0	2.45M	14.21M	4.09M	0	0	18.4M	1.34M
Other Non-Current Assets	0	53.06M	57.01M	62.95M	45.36M	42.32M	18.63M	16.68M	14K	10.71M
Total Assets+	1.37B	1.37B	1.54B	1.69B	1.47B	1.75B	3.07B	3.54B	4.09B	4.62B
Asset Turnover	0.76x	0.74x	0.72x	0.74x	0.97x	0.82x	0.71x	0.73x	0.74x	0.55x
Asset Growth %	0.12%	0.01%	0.12%	0.1%	-0.13%	0.19%	0.75%	0.15%	0.15%	0.13%
Total Current Liabilities+	332.8M	297.19M	366.35M	457.53M	325.06M	527.99M	845.01M	1.04B	1.03B	1.13B
Accounts Payable	178.83M	183.84M	240.09M	254.23M	178.73M	252.21M	501.46M	647.63M	519.9M	665.11M
Days Payables Outstanding	83.58	88.26	106	100.33	61.11	88.02	116.56	127.67	87.15	128.68
Short-Term Debt	7.58M	2.73M	3.06M	20.5M	14.33M	13.03M	1.81M	5.89M	4.24M	27.49M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	146.39M	14.12M	20.99M	13.94M	22.57M	23.1M	24.82M	30.6M	36.27M	29.96M
Current Ratio	1.91x	2.23x	2.15x	1.65x	2.13x	1.40x	1.36x	1.39x	1.70x	1.69x
Quick Ratio	1.78x	2.06x	1.99x	1.51x	1.96x	1.17x	1.11x	1.15x	1.42x	1.41x
Cash Conversion Cycle	77.96	46.98	43.56	53.37	52.26	70.09	56.31	58.31	107.93	117.62
Total Non-Current Liabilities+	384.11M	391.38M	417.1M	441.68M	538.36M	499.49M	1.24B	1.37B	1.38B	1.79B
Long-Term Debt	316.12M	325.95M	315.13M	328.25M	420.11M	342.63M	1.02B	1.16B	1.17B	1.54B
Capital Lease Obligations	0	0	-28.15M	0	33.17M	50.01M	62.86M	73.25M	83.81M	96.7M
Deferred Tax Liabilities	39.74M	38.76M	42.91M	78.58M	61M	62.83M	126.11M	104.46M	81.35M	100.57M
Other Non-Current Liabilities	28.25M	26.67M	30.91M	34.85M	24.09M	44.02M	33.07M	36.2M	38.69M	46.32M
Total Liabilities	716.91M	688.56M	783.45M	899.21M	863.43M	1.03B	2.08B	2.41B	2.4B	2.91B
Total Debt+	323.7M	328.68M	318.19M	348.75M	467.61M	405.67M	1.1B	1.26B	1.29B	1.7B
Net Debt	153.66M	41.98M	-11.96M	124.21M	215.64M	256.52M	966.01M	1.1B	1.12B	1.47B
Debt / Equity	0.50x	0.48x	0.42x	0.44x	0.77x	0.56x	1.12x	1.11x	0.76x	0.99x
Debt / EBITDA	2.79x	3.09x	2.61x	2.22x	2.80x	2.13x	3.65x	3.62x	2.82x	10.50x
Net Debt / EBITDA	1.32x	0.39x	-0.10x	0.79x	1.29x	1.35x	3.20x	3.16x	2.45x	9.11x
Interest Coverage	2.86x	2.74x	3.33x	4.41x	3.17x	2.86x	5.71x	3.44x	4.46x	0.09x
Total Equity+	650.55M	686.01M	758.77M	789.63M	610.54M	724.32M	985.68M	1.13B	1.68B	1.71B
Equity Growth %	0.14%	0.05%	0.11%	0.04%	-0.23%	0.19%	0.36%	0.15%	0.49%	0.02%
Book Value per Share	7.02	7.39	8.07	8.40	6.60	7.84	10.64	12.26	17.08	17.45
Total Shareholders' Equity	650.34M	685.76M	758.48M	789.32M	609.99M	712.31M	981.6M	1.13B	1.68B	1.71B
Common Stock	528.18M	543.32M	548.75M	516.61M	366.66M	418.86M	530.24M	520.63M	865.9M	842.01M
Retained Earnings	40.63M	74.6M	121.37M	191.45M	170.07M	236.96M	416.77M	530.71M	724.5M	660.37M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	68.32M	54.97M	75.83M	69.55M	65.05M	47.6M	22.85M	60.04M	64.16M	166.85M
Minority Interest	215K	248K	292K	311K	553.62K	12.01M	4.09M	3.73M	3.28M	3.58M

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	35.76M	127.9M	59.69M	127.6M	20.35M	216.16M	216.16M	127.8M	20.78M	25.77M
Operating CF Margin %	0.03%	0.13%	0.05%	0.1%	0.01%	0.15%	0.1%	0.05%	0.01%	0.01%
Operating CF Growth %	-0.56%	2.58%	-0.53%	1.14%	-0.84%	9.62%	0%	-0.41%	-0.84%	0.24%
Net Income	39.6M	35.03M	47.21M	70.76M	52.95M	121.39M	121.39M	127.7M	193.74M	-27.98M
Depreciation & Amortization	39.36M	34.56M	36.67M	42.39M	71.4M	115.42M	115.42M	125.49M	141.17M	152.67M
Stock-Based Compensation	2.64M	6.81M	8.28M	9.85M	6.25M	1.36M	1.36M	5.09M	11.25M	10.56M
Deferred Taxes	-232K	1.9M	866K	13.72M	-951K	-35.61M	-35.61M	-37.54M	-29.91M	-84.55M
Other Non-Cash Items	-14.79M	-6.94M	-6.37M	-11.59M	3.27M	27.89M	27.89M	16.47M	-19.83M	-16.97M
Working Capital Changes	-30.81M	56.54M	-26.96M	2.46M	-112.57M	-14.3M	-14.3M	-109.41M	-275.64M	-7.97M
Change in Receivables	0	0	0	0	0	0	0	-209.41M	-50.52M	-57.76M
Change in Inventory	0	0	0	0	0	0	0	-48.41M	-12.2M	1.56M
Change in Payables	0	0	0	0	0	0	0	129.24M	-69.92M	42.13M
Cash from Investing+	8.87M	-17.81M	-23.38M	-192.06M	-109.8M	-797.47M	-797.47M	-109.02M	-341.98M	-268.44M
Capital Expenditures	-15.66M	-17.9M	-25.98M	-40.92M	-45.45M	-36.31M	-36.31M	-56.1M	-54.43M	-33.95M
CapEx % of Revenue	0.02%	0.02%	0.02%	0.03%	0.03%	0.03%	0.02%	0.02%	0.02%	0.01%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	22.32M	84K	2.59M	5.21M	-10.98M	-16.14M	-16.14M	-22.73M	-34.03M	-55.1M
Cash from Financing+	16M	7.1M	3.33M	-41.22M	222.31M	531.53M	531.53M	4.88M	330.92M	290.28M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	8.69M	12.44M	4.14M	5.41M	5.99M	-35.19M	-35.19M	4.51M	-26.08M	24.76M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	20.1M	110M	33.71M	86.68M	-36.22M	162.9M	162.9M	47.5M	-67.68M	-52.26M
FCF Margin %	0.02%	0.11%	0.03%	0.07%	-0.03%	0.11%	0.07%	0.02%	-0.02%	-0.02%
FCF Growth %	-0.68%	4.47%	-0.69%	1.57%	-1.42%	5.5%	0%	-0.71%	-2.42%	0.23%
FCF per Share	0.22	1.19	0.36	0.92	-0.39	1.76	1.76	0.51	-0.69	-0.53
FCF Conversion (FCF/Net Income)	0.90x	3.65x	1.27x	1.80x	0.38x	3.37x	1.77x	1.00x	0.11x	-0.92x
Interest Paid	16.62M	23.22M	21.75M	26.24M	30.36M	30.8M	30.8M	58.45M	68.53M	95.15M
Taxes Paid	10.08M	10.79M	10.23M	10.47M	10.81M	24.13M	24.13M	58.4M	49.51M	61.94M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	6.48%	5.24%	6.53%	9.14%	7.56%	9.6%	14.28%	12.04%	13.77%	-1.65%
Return on Invested Capital (ROIC)	7.38%	7.04%	8.69%	10.37%	8.24%	9.93%	9.55%	7.98%	9.4%	0.23%
Gross Margin	24.88%	24.8%	25.85%	26.22%	25.33%	26.87%	28.06%	28.16%	28.21%	25.53%
Net Margin	3.8%	3.46%	4.23%	5.64%	3.7%	4.48%	5.59%	4.94%	6.39%	-1.11%
Debt / Equity	0.50x	0.48x	0.42x	0.44x	0.77x	0.56x	1.12x	1.11x	0.76x	0.99x
Interest Coverage	2.86x	2.74x	3.33x	4.41x	3.17x	2.86x	5.71x	3.44x	4.46x	0.09x
FCF Conversion	0.90x	3.65x	1.27x	1.80x	0.38x	3.37x	1.77x	1.00x	0.11x	-0.92x
Revenue Growth	11.06%	-2.76%	10.29%	12.44%	14.05%	0.02%	52.63%	18.08%	17.67%	-16.47%

Revenue by Geography

	2025
UNITED STATES	1.04B
UNITED STATES Growth	-
Other Europe	599.08M
Other Europe Growth	-
All Other Countries	427.39M
All Other Countries Growth	-
GERMANY	251.14M
GERMANY Growth	-
ITALY	87.84M
ITALY Growth	-

Frequently Asked Questions

Growth & Financials

ATS Corporation (ATS) reported $2.69B in revenue for fiscal year 2025. This represents a 352% increase from $595.4M in 2012.

ATS Corporation (ATS) saw revenue decline by 16.5% over the past year.

ATS Corporation (ATS) reported a net loss of $4.6M for fiscal year 2025.

Dividend & Returns

ATS Corporation (ATS) has a return on equity (ROE) of -1.7%. Negative ROE indicates the company is unprofitable.

ATS Corporation (ATS) generated $220.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.