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ATI Inc.

ATI Inc.

NYSE•ATI
CEO: Mr. Robert S. Wetherbee
Sector: Industrials
Industry: Manufacturing - Metal Fabrication
Listing Date: 1999-11-29
ATI Inc. produces and sells specialty materials and complex components worldwide. It 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, metallic powder alloys, 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 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. ATI Inc. serves to aerospace and defense, energy, automotive, construction and mining, food equipment and appliances, and medical markets. The company was formerly known as Allegheny Technologies Incorporated. ATI Inc. was incorporated in 1996 and is headquartered in Dallas, Texas.
Contact Information
2021 McKinney Avenue, Suite 1100, Dallas, TX, 75201, United States
800-289-7454
www.atimaterials.com
Market Cap
$13.50B
P/E (TTM)
30.7
39.9
Dividend Yield
--
52W High
$103.64
52W Low
$39.23
52W Range
93%
1.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 1.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$1.13B+7.07%
4-Quarter Trend

EPS

$0.80+21.21%
4-Quarter Trend

FCF

$229.50M-649.04%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Quarterly Sales Increased 7% Total sales reached $1,125.5M USD, driven by 21% growth in aerospace & defense market sales this quarter.
Net Income Attributable Jumps Net income attributable to ATI was $110.0M USD this quarter, significantly up from $82.7M last year period.
Operating Cash Flow Soars Cash provided by operations YTD improved dramatically to $298.5M USD versus $26.3M previous year period.
HPMC Margin Expansion Noted HPMC segment EBITDA margin expanded to 24.2% YTD, driven by favorable pricing on nickel-based and specialty alloys.

Risk Factors

Environmental Remediation Exposure Recorded environmental reserves total $15M USD; potential costs could exceed recorded reserves by up to $16M USD.
Litigation Claims Uncertainty Remains Pension annuitization lawsuits are pending judicial review; outcome and range of reasonably possible loss cannot be estimated.
Backlog Slightly Decreased Confirmed order backlog stood at $3.6B USD, slightly lower than $3.9B USD reported in the prior comparable period.
Labor Dispute Potential Exists CBAs cover 35% of workforce; labor disputes could materially impact production at one or more facilities.

Outlook

Share Repurchase Program Active Company utilized $470.0M USD YTD to repurchase common stock under the authorized $700M USD program.
ABL Facility Extended Amended Asset Based Lending facility extended through June 2030, providing $600M USD revolving credit availability.
New Labor Agreement Reached Secured new six-year CBAs with USW covering AA&S employees, extending through February 28, 2031.
Favorable Tax Law Changes Anticipates favorable future cash tax payments due to enacted One Big Beautiful Bill Act provisions.

Peer Comparison

Revenue (TTM)

Huntington Ingalls Industries, Inc.HII
$12.01B
+2.6%
Embraer S.A.ERJ
$6.92B
+22.5%
Pool CorporationPOOL
$5.29B
-0.6%

Gross Margin (Latest Quarter)

Grupo Aeroportuario del Pacífico, S.A.B. de C.V.PAC
82.6%
+27.8 pp
Huntington Ingalls Industries, Inc.HII
69.2%
+57.5 pp
Acuity Brands, Inc.AYI
48.9%
+1.5 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
CRS$16.47B40.022.7%20.7%
RBC$13.66B52.48.4%22.2%
ATI$13.50B30.724.8%38.1%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.4%
Flat Growth
4Q Net Income CAGR
-7.1%
Declining Profitability
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 28, 2025|Filed: Oct 28, 2025|
    Revenue: $1.13B+7.1%
    |
    EPS: $0.80+21.2%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 29, 2025|Filed: Jul 31, 2025|
    Revenue: $1.14B+4.1%
    |
    EPS: $0.72+9.1%
    Meet
  • Form 10-Q - Q1 2025

    Period End: Mar 30, 2025|Filed: May 1, 2025|
    Revenue: $1.14B+9.7%
    |
    EPS: $0.68+30.8%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 29, 2024|Filed: Feb 21, 2025|
    Revenue: $4.36B+4.5%
    |
    EPS: $2.82-12.2%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 29, 2024|Filed: Oct 29, 2024|
    Revenue: $1.05B-43.4%
    |
    EPS: $0.66+11.9%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 6, 2024|
    Revenue: $1.10B+4.7%
    |
    EPS: $0.66+11.9%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: Apr 30, 2024|
    Revenue: $1.04B+0.5%
    |
    EPS: $0.52-23.5%
    Beat
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 23, 2024|
    Revenue: $4.17B+8.8%
    |
    EPS: $3.29+219.4%
    Beat