ATS Corporation (ATS) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Industrial - Machinery
EV/EBITDA
↑
37.43
↑+153% vs avg
5yr avg: 14.79
30Y Low7.0·High36.8
P/FCF
↑
N/A
—
5yr avg: 37.77
30Y Low8.6·High99.3
P/B Ratio
↓
2.71
+5% vs avg
5yr avg: 2.58
30Y Low1.2·High3.4
ROE
↓
-1.7%
↑-117% vs avg
5yr avg: 9.6%
30Y Low-21%·High20%
Debt/EBITDA
↑
10.50
↑+131% vs avg
5yr avg: 4.54
30Y Low0.0·High10.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ATS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
ATS Corporation currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.4B | $2.4B | $3.3B | $3.8B | $3.3B | $2.0B | $955M | $1.4B | $1.3B | $942M | $763M |
| Enterprise Value | $4.4B | $3.9B | $4.4B | $4.9B | $4.3B | $2.2B | $1.2B | $1.5B | $1.3B | $984M | $916M |
| P/E Ratio → | -163.12 | — | 17.12 | 30.17 | 27.23 | 30.68 | 18.12 | 19.32 | 27.12 | 26.71 | 19.14 |
| P/S Ratio | 1.81 | 0.96 | 1.10 | 1.49 | 1.53 | 1.37 | 0.67 | 1.09 | 1.14 | 0.93 | 0.73 |
| P/B Ratio | 2.71 | 1.43 | 1.97 | 3.40 | 3.38 | 2.70 | 1.56 | 1.73 | 1.68 | 1.37 | 1.17 |
| P/FCF | — | — | — | 80.86 | 20.44 | 12.00 | — | 15.72 | 37.82 | 8.56 | 37.94 |
| P/OCF | 177.96 | 94.78 | 159.96 | 30.05 | 15.40 | 9.05 | 46.94 | 10.68 | 21.36 | 7.37 | 21.33 |
P/E links to full P/E history page with 30-year chart
ATS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
ATS Corporation's enterprise value stands at 37.4x EBITDA, 153% above its 5-year average of 14.8x. The Industrials sector median is 13.8x, placing the stock at a 172% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.55 | 1.46 | 1.92 | 1.97 | 1.55 | 0.82 | 1.19 | 1.13 | 0.97 | 0.88 |
| EV / EBITDA | 37.43 | 24.19 | 9.73 | 14.20 | 14.22 | 11.61 | 7.01 | 9.46 | 10.34 | 9.24 | 7.89 |
| EV / EBIT | 654.78 | 255.92 | 13.99 | 22.01 | 22.96 | 18.25 | 11.99 | 12.40 | 14.46 | 13.56 | 11.91 |
| EV / FCF | — | — | — | 103.99 | 26.37 | 13.58 | — | 17.16 | 37.47 | 8.95 | 45.59 |
ATS Profitability
Margins and return-on-capital ratios measuring operating efficiency
ATS Corporation earns an operating margin of 0.4%, below the Industrials sector average of 4.9%. Operating margins have compressed from 8.6% to 0.4% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -1.7% indicates the company is currently destroying shareholder equity. ROIC of 0.2% represents below-average returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.5% | 25.5% | 28.2% | 28.2% | 28.1% | 26.9% | 25.3% | 26.2% | 25.8% | 24.8% | 24.9% |
| Operating Margin | 0.4% | 0.4% | 10.4% | 8.6% | 8.5% | 8.4% | 6.7% | 9.2% | 7.7% | 7.1% | 7.4% |
| Net Profit Margin | -1.1% | -1.1% | 6.4% | 4.9% | 5.6% | 4.5% | 3.7% | 5.6% | 4.2% | 3.5% | 3.8% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -1.7% | -1.7% | 13.8% | 12.0% | 14.3% | 9.6% | 7.6% | 9.1% | 6.5% | 5.2% | 6.5% |
| ROA | -0.6% | -0.6% | 5.1% | 3.9% | 5.1% | 4.0% | 3.3% | 4.4% | 3.2% | 2.6% | 3.1% |
| ROIC | 0.2% | 0.2% | 9.4% | 8.0% | 9.5% | 9.9% | 8.2% | 10.4% | 8.7% | 7.0% | 7.4% |
| ROCE | 0.3% | 0.3% | 11.3% | 9.4% | 10.8% | 10.1% | 8.0% | 9.5% | 7.6% | 6.8% | 7.8% |
ATS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
ATS Corporation carries a Debt/EBITDA ratio of 10.5x, which is highly leveraged (229% above the sector average of 3.2x). Net debt stands at $1.5B ($1.7B total debt minus $226M cash). Interest coverage of just 0.1x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.99 | 0.99 | 0.76 | 1.11 | 1.12 | 0.56 | 0.77 | 0.44 | 0.42 | 0.48 | 0.50 |
| Debt / EBITDA | 10.50 | 10.50 | 2.82 | 3.62 | 3.65 | 2.13 | 2.80 | 2.22 | 2.61 | 3.09 | 2.79 |
| Net Debt / Equity | — | 0.86 | 0.66 | 0.97 | 0.98 | 0.35 | 0.35 | 0.16 | -0.02 | 0.06 | 0.24 |
| Net Debt / EBITDA | 9.11 | 9.11 | 2.45 | 3.16 | 3.20 | 1.35 | 1.29 | 0.79 | -0.10 | 0.39 | 1.32 |
| Debt / FCF | — | — | — | 23.13 | 5.93 | 1.57 | — | 1.43 | -0.35 | 0.38 | 7.65 |
| Interest Coverage | 0.09 | 0.09 | 4.46 | 3.44 | 5.71 | 2.86 | 3.17 | 4.41 | 3.33 | 2.74 | 2.86 |
ATS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.69x means ATS Corporation can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.39x to 1.69x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.69 | 1.69 | 1.70 | 1.39 | 1.36 | 1.40 | 2.13 | 1.65 | 2.15 | 2.23 | 1.91 |
| Quick Ratio | 1.41 | 1.41 | 1.42 | 1.15 | 1.11 | 1.17 | 1.96 | 1.51 | 1.99 | 2.06 | 1.78 |
| Cash Ratio | 0.20 | 0.20 | 0.17 | 0.15 | 0.16 | 0.28 | 0.78 | 0.49 | 0.90 | 0.96 | 0.51 |
| Asset Turnover | — | 0.55 | 0.74 | 0.73 | 0.71 | 0.82 | 0.97 | 0.74 | 0.72 | 0.74 | 0.76 |
| Inventory Turnover | 5.89 | 5.89 | 7.36 | 7.21 | 7.55 | 8.49 | 19.25 | 13.60 | 14.13 | 15.84 | 16.90 |
| Days Sales Outstanding | — | 184.35 | 145.48 | 135.34 | 124.55 | 115.13 | 94.41 | 126.87 | 123.72 | 112.21 | 139.94 |
ATS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
ATS Corporation returns 1.3% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 5.8% | 3.3% | 3.7% | 3.3% | 5.5% | 5.2% | 3.7% | 3.7% | 5.2% |
| FCF Yield | — | — | — | 1.2% | 4.9% | 8.3% | — | 6.4% | 2.6% | 11.7% | 2.6% |
| Buyback Yield | 1.3% | 2.4% | 0.7% | 0.9% | 0.0% | 0.0% | 0.5% | 2.9% | 0.0% | 0.0% | 0.8% |
| Total Shareholder Yield | 1.3% | 2.4% | 0.7% | 0.9% | 0.0% | 0.0% | 0.5% | 2.9% | 0.0% | 0.0% | 0.8% |
| Shares Outstanding | — | $98M | $99M | $92M | $93M | $92M | $92M | $94M | $94M | $93M | $93M |
Peer Comparison
Compare ATS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ATSYou | $3B | -163.1 | 37.4 | — | 25.5% | 0.4% | -1.7% | 0.2% | 10.5 |
 ROP | $36B | 24.8 | 14.6 | 14.6 | 69.2% | 28.3% | 7.9% | 6.1% | 3.0 |
 ITRI | $4B | 12.5 | 10.5 | 9.4 | 37.5% | 13.5% | 19.1% | 13.1% | 3.5 |
 NOVT | $5B | 92.7 | 27.0 | 100.4 | 44.4% | 11.9% | 5.2% | 7.4% | 1.9 |
 MKSI | $20B | 68.8 | 26.7 | 40.7 | 40.4% | 14.4% | 11.7% | 6.5% | 5.2 |
 TRMB | $15B | 35.3 | 20.1 | 110.0 | 68.3% | 16.9% | 7.3% | 6.8% | 1.8 |
 KEYS | $61B | 72.7 | 50.7 | 47.5 | 62.1% | 17.6% | 15.4% | 11.5% | 2.4 |
 AEIS | $13B | 91.7 | 51.6 | 106.3 | 37.2% | 10.9% | 11.6% | 12.2% | 2.6 |
 COHU | $2B | -29.9 | — | 207.8 | 34.5% | -13.3% | -9.0% | -5.7% | — |
 ONTO | $14B | 98.6 | 68.8 | 45.5 | 49.7% | 13.2% | 6.8% | 5.7% | 0.1 |
 ROK | $50B | 58.5 | 30.6 | 37.1 | 48.1% | 17.1% | 23.5% | 15.1% | 2.1 |
| Industrials Median | — | 25.5 | 13.8 | 20.7 | 32.7% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonATS — Frequently Asked Questions
Quick answers to the most common questions about buying ATS stock.
What is ATS Corporation's P/E ratio?
ATS Corporation's current P/E ratio is -163.1x. The historical average is 27.7x.
What is ATS Corporation's EV/EBITDA?
ATS Corporation's current EV/EBITDA is 37.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.2x.
What is ATS Corporation's ROE?
ATS Corporation's return on equity (ROE) is -1.7%. The historical average is 4.6%.
Is ATS stock overvalued?
Based on historical data, ATS Corporation is trading at a P/E of -163.1x. Compare with industry peers and growth rates for a complete picture.
What are ATS Corporation's profit margins?
ATS Corporation has 25.5% gross margin and 0.4% operating margin.
How much debt does ATS Corporation have?
ATS Corporation's Debt/EBITDA ratio is 10.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.