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ATIATI Inc.
$183.26$25.1B
Overview & Verdict
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ATI logoATI Inc.(ATI)Earnings, Financials & Key Ratios

ATI•NYSE
$183.26
64.3× P/E·Price updated Jul 7, 2026
SectorIndustrialsIndustryMetal FabricationSub-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%

ATI Price & Volume

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

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Structural Margin Gains Offset Aerospace Supply Volatility

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Stable
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Aerospace OEM production bottlenecks

Key Thesis Takeaways

  • ATI is successfully executing a strategic pivot toward high-performance aerospace materials, evidenced by a gross margin expansion to 22.8% in 2026Q1.
  • While the company has improved its financial resilience by reducing its debt-to-equity ratio to 0.97, investors should monitor the inherent volatility in cash flow caused by OEM production bottlenecks.
  • Future performance remains contingent on balancing aggressive capital returns, such as the $250 million share repurchase in 2025Q2, against the working capital demands of its specialized metallurgical manufacturing operations.

Verdict Logic

while the company has successfully deleveraged to a 0.97 debt-to-equity ratio, the current P/E of 69.26 appears to price in significant growth that may be hampered by ongoing aerospace supply chain bottlenecks.

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
Metric
Actual
Est
EPS
$1.00+14.0%
$0.88
Rev
$1.2B-3.0%
$1.2B
Q1 2026
Feb 3, 2026
Metric
Actual
Est
EPS
$0.93+4.5%
$0.89
Rev
$1.2B-0.8%
$1.2B
Q4 2025
Oct 28, 2025
Metric
Actual
Est
EPS
$0.85+16.0%
$0.73
Rev
$1.1B+0.2%
$1.1B
Q3 2025
Jul 31, 2025
Metric
Actual
Est
EPS
$0.74+2.8%
$0.72
Rev
$1.1B-0.2%
$1.1B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 30, 2026
$1.00vs $0.88+14.0%
$1.2Bvs $1.2B-3.0%
Q1 2026Feb 3, 2026
$0.93vs $0.89+4.5%
$1.2Bvs $1.2B-0.8%
Q4 2025Oct 28, 2025
$0.85vs $0.73+16.0%
$1.1Bvs $1.1B+0.2%
Q3 2025Jul 31, 2025
$0.74vs $0.72+2.8%
$1.1Bvs $1.1B-0.2%
Based on last 12 quarters of dataView full earnings history →

Latest ATI News

Recent stock market news and headlines for ATI Inc. (ATI)

Seeking Alpha·Jun 28, 2026
Beyond The SpaceX IPO: 3 Top Aerospace And Infrastructure Stocks

This article examines whether the recent post-SpaceX IPO volatility has created more attractive investment opportunities beyond the market's most talked-about stock as investors reassess valuation, lockup, and execution risks. I highlight three overlooked companies benefiting from long-term aerospace, defense, and communications trends, emphasizing their strong growth potential relative to peers. The article explores different layers of the aerospace ecosystem, including advanced materials, electronics, and communications infrastructure, to show how investors can benefit without relying on a single high-profile company.

Zacks Investment Research·Jun 26, 2026
ATI (ATI) Upgraded to Strong Buy: Here's What You Should Know

ATI (ATI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Zacks Investment Research·Jun 26, 2026
New Strong Buy Stocks for June 26th

ATI, HLIT, LYB, LZRFY and HCI have been added to the Zacks Rank #1 (Strong Buy) List on June 26th, 2026.

Zacks Investment Research·Jun 24, 2026
Here's Why ATI (ATI) Fell More Than Broader Market

In the closing of the recent trading day, ATI (ATI) stood at $197.59, denoting a -1.01% move from the preceding trading day.

Zacks Investment Research·Jun 24, 2026
ATI Expands Aerospace Inspection and Manufacturing Capacity in Mexico

ATI expands aerospace manufacturing and inspection capacity in Mexico, aiming to boost throughput, cut lead times and support rising engine demand.

Peers Comparison

Key metrics vs top competitors for ATI Inc. (ATI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ATI logoATIATI Inc.Current
$183.26$25.09B64.305.16%8.81%20.88%0.05%
HWM logoHWMHowmet Aerospace Inc.
$275.43$110.2B74.2411.06%20.23%33.12%—
CRS logoCRSCarpenter Technology Corporation
$590.35$29.33B79.564.25%15.82%24.41%—
MTRN logoMTRNMaterion Corporation
$247.20$5.14B69.056.05%3.99%8.17%—
NUE logoNUENucor Corporation
$227.42$51.8B30.245.73%6.82%10.58%—
STLD logoSTLDSteel Dynamics, Inc.
$221.76$31.98B27.753.63%7.22%15.29%—

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 SEC Filings & Documents

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

8-K Announcements

6
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

3
FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 21, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 30, 2026·SEC

FY 2025

Oct 28, 2025·SEC

FY 2025

Jul 31, 2025·SEC

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ATI Frequently Asked Questions

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

Growth & Financials
What is ATI Inc.'s revenue?

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

How fast is ATI Inc. growing?

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

Is ATI profitable?

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

Dividend & Returns
Does ATI pay dividends?

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

What is ATI's return on equity?

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

What is ATI Inc.'s free cash flow?

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.

What if you invested $1,000 in ATI back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →