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NCR Atleos Corporation(NATL)Earnings, Financials & Key Ratios
NATL•NASDAQ
20.4× P/E·Price updated Jun 19, 2026
AboutNCR ATMCo, LLC operates as a financial technology company in the United States, rest of Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Self-Service Banking, Payments and Network, and Telecommunications and Technology. It provides self-directed banking solutions through automated and interactive teller machine technology, including software, services, hardware, and Allpoint network. The company also offers managed network and infrastructure services to enterprise clients across various industries through direct relationships with communications service providers and technology manufacturers. It serves financial institutions, merchants, manufacturers, retailers, and consumers. The company is headquartered in Atlanta, Georgia.Show more
- Revenue$4.35B+0.9%
- EBITDA$755M+67.8%
- Net Income$162M+78.0%
- EPS (Diluted)2.14+74.0%
- Gross Margin24.37%+1.8%
- EBITDA Margin17.34%+66.4%
- Operating Margin10.98%+5.6%
- Net Margin3.72%+76.5%
- ROE48.65%+47.3%
NATL Key Insights
NCR Atleos Corporation (NATL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 24.7%
- ✓High quality earnings: Operating CF exceeds net income
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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NATL Price & Volume
NCR Atleos Corporation (NATL) stock price & volume — 10-year historical chart
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NATL Growth Metrics
NCR Atleos Corporation (NATL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years1.77%
TTM4.1%
Profit CAGR
10 Years-
5 Years-
3 Years14.47%
TTM50.43%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM400%
Return on Capital
10 Years8.63%
5 Years8.63%
3 Years10.15%
Last Year12.55%
NATL Recent Earnings
NCR Atleos Corporation (NATL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (80%)●Beat Revenue 5/12 qtrs (50%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$0.65-25.5%
$0.87
Rev
$1.0B-0.3%
$1.0B
Q1 2026
Feb 26, 2026Metric
Actual
Est
EPS
$1.49+12.9%
$1.32
Rev
$1.2B+0.4%
$1.1B
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$1.09+3.8%
$1.05
Rev
$1.1B-3.3%
$1.1B
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$0.93+9.4%
$0.85
Rev
$1.1B-1.0%
$1.1B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.65vs $0.87-25.5% | $1.0Bvs $1.0B-0.3% |
| Q1 2026 | Feb 26, 2026 | $1.49vs $1.32+12.9% | $1.2Bvs $1.1B+0.4% |
| Q4 2025 | Nov 5, 2025 | $1.09vs $1.05+3.8% | $1.1Bvs $1.1B-3.3% |
| Q3 2025 | Aug 6, 2025 | $0.93vs $0.85+9.4% | $1.1Bvs $1.1B-1.0% |
Based on last 12 quarters of dataView full earnings history →
NATL Peer Comparison
NCR Atleos Corporation (NATL) competitors in Payments, billing and spend management — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 NTCT | 2.84B | 39.67 | 30.52 | 4.47% | 11.12% | 5.96% | 0.02 | |
 CASS | 639.22M | 49.52 | 18.97 | -13.1% | 17.25% | 14.61% | 0.02 | |
 JKHY | 9.14B | 126.23 | 20.23 | 7.21% | 20.64% | 24.03% | ||
 FISV | 25.59B | 47.86 | 7.55 | 3.6% | 15.17% | 12.43% | 1.13 | |
 DBD | 2.92B | 83.81 | 33.00 | 1.46% | 2.84% | 10.08% | 1.06 | |
 PAX | 1.81B | 11.37 | 21.06 | 2.56% | 22.33% | 14.36% | 0.31 | |
 FOUR | 2.73B | 39.42 | 36.50 | 25.5% | 2.29% | 5.13% | 2.36 | |
 PAY | 2.64B | 21.07 | 40.52 | 37.25% | 5.79% | 13.47% | 0.02 |
Compare NATL vs Peers
NCR Atleos Corporation (NATL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NATL Income Statement
NCR Atleos Corporation (NATL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
Sales/Revenue | 3.55B | 4.13B | 4.19B | 4.32B | 4.35B | 4.42B |
Revenue Growth % | - | 16.4% | 1.45% | 3.01% | 0.86% | 4.1% |
Cost of Goods Sold | 2.66B | 3.21B | 3.26B | 3.28B | 3.29B | 3.36B |
COGS % of Revenue | 74.87% | 77.75% | 77.74% | 76.07% | 75.63% | - |
Gross Profit | 892M▲ 0% | 919M▲ 3.0% | 933M▲ 1.5% | 1.03B▲ 10.7% | 1.06B▲ 2.7% | 1.06B▲ 0% |
Gross Margin % | 25.13% | 22.25% | 22.26% | 23.93% | 24.37% | 24.07% |
Gross Profit Growth % | - | 3.03% | 1.52% | 10.72% | 2.71% | - |
Operating Expenses | 644M | 650M | 662M | 584M | 583M | 834M |
OpEx % of Revenue | 18.15% | 15.73% | 15.8% | 13.53% | 13.39% | - |
Selling, General & Admin | 537M | 649M | 585M | 458M | 513M | 518M |
SG&A % of Revenue | 15.13% | 15.71% | 13.96% | 10.61% | 11.78% | - |
Research & Development | 107M | 64M | 77M | 66M | 70M | 73M |
R&D % of Revenue | 3.01% | 1.55% | 1.84% | 1.53% | 1.61% | - |
Other Operating Expenses | 0 | -63M | 0 | 60M | 0 | 1000K |
Operating Income | 248M▲ 0% | 269M▲ 8.5% | 271M▲ 0.7% | 449M▲ 65.7% | 478M▲ 6.5% | 230M▲ 0% |
Operating Margin % | 6.99% | 6.51% | 6.47% | 10.4% | 10.98% | 5.2% |
Operating Income Growth % | - | 8.47% | 0.74% | 65.68% | 6.46% | - |
EBITDA | 407M | 528M | 525M | 450M | 755M | 438M |
EBITDA Margin % | 11.47% | 12.78% | 12.53% | 10.42% | 17.34% | 9.91% |
EBITDA Growth % | - | 29.73% | -0.57% | -14.29% | 67.78% | -19.04% |
D&A (Non-Cash Add-back) | 159M | 259M | 254M | 1M | 277M | 208M |
EBIT | 300M | 188M | 197M | 448M | 459M | 460M |
Net Interest Income | -49M | -31M | -90M | -317M | -264M | -139M |
Interest Income | 0 | 0 | 0 | 10M | 6M | 5M |
Interest Expense | 49M | 31M | 90M | 327M | 270M | 144M |
Other Income/Expense | 3M | -112M | -164M | -310M | -289M | -24M |
Pretax Income | 251M▲ 0% | 157M▼ 37.5% | 107M▼ 31.8% | 139M▲ 29.9% | 189M▲ 36.0% | 206M▲ 0% |
Pretax Margin % | 7.07% | 3.8% | 2.55% | 3.22% | 4.34% | 4.66% |
Income Tax | 64M | 50M | 239M | 47M | 27M | 29M |
Effective Tax Rate % | 25.5% | 31.85% | 223.36% | 33.81% | 14.29% | 14.08% |
Net Income | 186M▲ 0% | 108M▼ 41.9% | -134M▼ 224.1% | 91M▲ 167.9% | 162M▲ 78.0% | 176M▲ 0% |
Net Margin % | 5.24% | 2.61% | -3.2% | 2.11% | 3.72% | 3.98% |
Net Income Growth % | - | -41.94% | -224.07% | 167.91% | 78.02% | 50.43% |
Net Income (Continuing) | 187M | 107M | -132M | 92M | 162M | 177M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 3M | -1M | 3M | 4M | -1M | 0 |
EPS (Diluted) | 2.66▲ 0% | -4.15▼ 256.0% | -1.90▲ 54.2% | 1.23▲ 164.7% | 2.14▲ 74.0% | 2.33▲ 0% |
EPS Growth % | - | -256.01% | 54.22% | 164.74% | 73.98% | 400% |
EPS (Basic) | 2.66 | -4.15 | -1.90 | 1.26 | 2.20 | - |
Diluted Shares Outstanding | 69.8M | 68.4M | 70.6M | 74.2M | 75.6M | 75.6M |
Basic Shares Outstanding | 69.8M | 68.4M | 70.6M | 72.2M | 73.5M | 73.6M |
Dividend Payout Ratio | - | - | - | - | - | - |
NATL Balance Sheet
NCR Atleos Corporation (NATL) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
Total Current Assets | 1.58B | 1.65B | 1.9B | 1.77B | 1.82B | 1.81B |
Cash & Short-Term Investments | 238M | 293M | 339M | 419M | 456M | 433M |
Cash Only | 238M | 293M | 339M | 419M | 456M | 433M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 437M | 502M | 714M | 588M | 550M | 575M |
Days Sales Outstanding | 44.94 | 44.35 | 62.18 | 49.72 | 46.11 | 48.78 |
Inventory | 467M | 419M | 333M | 307M | 342M | 366M |
Days Inventory Outstanding | 64.15 | 47.61 | 37.31 | 34.12 | 37.91 | 40.54 |
Other Current Assets | 435M | 435M | 271M | 452M | 476M | 441M |
Total Non-Current Assets | 4B | 4.12B | 3.85B | 3.79B | 3.84B | 3.83B |
Property, Plant & Equipment | 528M | 497M | 614M | 618M | 688M | 693M |
Fixed Asset Turnover | 6.72x | 8.31x | 6.83x | 6.99x | 6.33x | 6.65x |
Goodwill | 1.91B | 1.95B | 1.95B | 1.95B | 1.96B | 1.96B |
Intangible Assets | 815M | 729M | 635M | 550M | 498M | 474M |
Long-Term Investments | 351M | 0 | 9M | 19M | 0 | 14M |
Other Non-Current Assets | 88M | 631M | 382M | 364M | 412M | 418M |
Total Assets | 5.58B▲ 0% | 5.77B▲ 3.5% | 5.74B▼ 0.5% | 5.55B▼ 3.3% | 5.67B▲ 2.1% | 5.64B▲ 0% |
Asset Turnover | 0.64x | 0.72x | 0.73x | 0.78x | 0.77x | 0.78x |
Asset Growth % | - | 3.46% | -0.54% | -3.29% | 2.09% | -0.47% |
Total Current Liabilities | 1.63B | 1.37B | 1.75B | 1.7B | 1.9B | 1.85B |
Accounts Payable | 389M | 350M | 500M | 562M | 617M | 597M |
Days Payables Outstanding | 53.44 | 39.77 | 56.02 | 62.46 | 68.39 | 63.54 |
Short-Term Debt | 208M | 108M | 76M | 81M | 86M | 80M |
Deferred Revenue (Current) | 332M | 356M | 325M | 315M | 0 | 395M |
Other Current Liabilities | 541M | 473M | 695M | 597M | 1.2B | 1.17B |
Current Ratio | 0.97x | 1.20x | 1.08x | 1.04x | 0.96x | 0.98x |
Quick Ratio | 0.68x | 0.90x | 0.89x | 0.86x | 0.78x | 0.78x |
Cash Conversion Cycle | 55.66 | 52.2 | 43.47 | 21.37 | 15.63 | 25.78 |
Total Non-Current Liabilities | 1.62B | 1.14B | 3.71B | 3.59B | 3.37B | 3.39B |
Long-Term Debt | 1.18B | 717M | 2.94B | 2.85B | 139M | 146M |
Capital Lease Obligations | 67M | 59M | 109M | 110M | 0 | 120M |
Deferred Tax Liabilities | 182M | 201M | 34M | 40M | 41M | 185M |
Other Non-Current Liabilities | 120M | 164M | 626M | 581M | 3.19B | 3.21B |
Total Liabilities | 3.24B | 2.51B | 5.45B | 5.29B | 5.27B | 5.25B |
Total Debt | 1.46B | 884M | 3.12B | 3.05B | 225M | 226M |
Net Debt | 1.22B | 591M | 2.78B | 2.63B | -231M | -207M |
Debt / Equity | 0.62x | 0.27x | 10.88x | 11.54x | 0.56x | 0.57x |
Debt / EBITDA | 3.58x | 1.67x | 5.95x | 6.77x | 0.30x | 0.52x |
Net Debt / EBITDA | 3.00x | 1.12x | 5.30x | 5.84x | -0.31x | -0.47x |
Interest Coverage | 6.12x | 6.06x | 2.19x | 1.37x | 1.70x | 3.19x |
Total Equity | 2.34B▲ 0% | 3.26B▲ 39.6% | 287M▼ 91.2% | 264M▼ 8.0% | 402M▲ 52.3% | 396M▲ 0% |
Equity Growth % | - | 39.64% | -91.2% | -8.01% | 52.27% | 161.29% |
Book Value per Share | 33.47 | 47.69 | 4.07 | 3.56 | 5.32 | 5.24 |
Total Shareholders' Equity | 2.33B | 3.26B | 284M | 260M | 403M | 396M |
Common Stock | 0 | 0 | 1M | 1M | 1M | 1M |
Retained Earnings | 0 | 0 | 181M | 231M | 299M | 306M |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -98M | -63M | 86M | -19M | 38M | 23M |
Minority Interest | 3M | -1M | 3M | 4M | -1M | 0 |
NATL Cash Flow Statement
NCR Atleos Corporation (NATL) cash flow — operating, investing & free cash flow history
| Metric | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|
Cash from Operations | 449M | 274M | 355M | 344M | 356M | 224M |
Operating CF Margin % | 12.65% | 6.63% | 8.47% | 7.97% | 8.18% | - |
Operating CF Growth % | - | -38.98% | 29.56% | -3.1% | 3.49% | -350.76% |
Net Income | 187M | 107M | -132M | 92M | 162M | 176M |
Depreciation & Amortization | 159M | 259M | 254M | 287M | 277M | 278M |
Stock-Based Compensation | 82M | 66M | 68M | 38M | 34M | 25M |
Deferred Taxes | 19M | -28M | 74M | -19M | -1M | -1M |
Other Non-Cash Items | 0 | 0 | 3M | 20M | -30M | -103M |
Working Capital Changes | 2M | -130M | 88M | -74M | -86M | -220M |
Change in Receivables | 0 | -78M | -52M | 102M | 36M | 76M |
Change in Inventory | -136M | -10M | 53M | -77M | -97M | -77M |
Change in Payables | 0 | 0 | 0 | 0 | 49M | 58M |
Cash from Investing | -2.49B | -417M | -316M | -135M | -116M | -104M |
Capital Expenditures | -111M | -97M | -132M | 0 | -117M | -152M |
CapEx % of Revenue | 3.13% | 2.35% | 3.15% | 3.22% | 2.69% | 3.44% |
Acquisitions | -2.35B | -78M | -1M | 0 | -17M | 4M |
Investments | - | - | - | - | - | - |
Other Investing | -36M | -242M | -173M | -139M | 17M | 44M |
Cash from Financing | 2.35B | 183M | 31M | -134M | -253M | -215M |
Debt Issued (Net) | 1.18B | -538M | 3.15B | -107M | -206M | -155M |
Equity Issued (Net) | 0 | 0 | 0 | 0 | -17M | -40M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | 0 | -28M | -44M |
Other Financing | 1.17B | 721M | -3.12B | -27M | -30M | -20M |
Net Change in Cash | 300M▲ 0% | 29M▼ 90.3% | 87M▲ 200.0% | 55M▼ 36.8% | 3M▼ 94.5% | -85M▲ 0% |
Free Cash Flow | 338M▲ 0% | 177M▼ 47.6% | 223M▲ 26.0% | 205M▼ 8.1% | 239M▲ 16.6% | 82M▲ 0% |
FCF Margin % | 9.52% | 4.28% | 5.32% | 4.75% | 5.49% | 1.86% |
FCF Growth % | - | -47.63% | 25.99% | -8.07% | 16.59% | -55.91% |
FCF per Share | 4.84 | 2.59 | 3.16 | 2.76 | 3.16 | 1.08 |
FCF Conversion (FCF/Net Income) | 2.41x | 2.54x | -2.65x | 3.78x | 2.20x | 0.47x |
Interest Paid | 17M | 55M | 36M | 271M | 0 | 0 |
Taxes Paid | 42M | 32M | 69M | 54M | 0 | 0 |
NATL Key Ratios
NCR Atleos Corporation (NATL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
Return on Equity (ROE) | 3.86% | -7.55% | 33.03% | 48.65% | 47.54% |
Return on Invested Capital (ROIC) | 5.45% | 5.87% | 11.3% | 23.42% | 21.44% |
Gross Margin | 22.25% | 22.26% | 23.93% | 24.37% | 24.07% |
Net Margin | 2.61% | -3.2% | 2.11% | 3.72% | 3.98% |
Debt / Equity | 0.27x | 10.88x | 11.54x | 0.56x | 0.57x |
Interest Coverage | 6.06x | 2.19x | 1.37x | 1.70x | 3.19x |
FCF Conversion | 2.54x | -2.65x | 3.78x | 2.20x | 0.47x |
Revenue Growth | 16.4% | 1.45% | 3.01% | 0.86% | 4.1% |
Related:NATL Dividend History·NATL Revenue History·NATL Price History·NATL P/E History·NATL Financial Ratios·NATL Institutional Holders
NATL SEC Filings & Documents
NCR Atleos Corporation (NATL) SEC filings — annual & quarterly reports (10-K, 10-Q)
NATL Frequently Asked Questions
NCR Atleos Corporation (NATL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
NCR Atleos Corporation (NATL) reported $4.42B in revenue for fiscal year 2025. This represents a 25% increase from $3.55B in 2021.
NCR Atleos Corporation (NATL) grew revenue by 0.9% over the past year. Growth has been modest.
Yes, NCR Atleos Corporation (NATL) is profitable, generating $176.0M in net income for fiscal year 2025 (3.7% net margin).
Dividend & Returns
NCR Atleos Corporation (NATL) has a return on equity (ROE) of 48.6%. This is excellent, indicating efficient use of shareholder capital.
NCR Atleos Corporation (NATL) generated $82.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.