Full text
Earnings transcript
Read the complete earnings call transcript.
ATI
ATI Inc.
$212.86
-2.37
(-1.1%)
| Exchange: | NYSE |
| Market Cap: | 29.049B |
| Shares Outstanding: | 88.047M |
Delayed data
About The Company
| Sector: | Industrials | |||||
| Industry: | Manufacturing – Metal Fabrication | |||||
| CEO: | Kimberly A. Fields | |||||
| Full Time Employees: | 7600 | |||||
| Address: |
| |||||
| Website: | https://www.atimaterials.com |
Globally, ATI Inc. stands as a premier manufacturer and supplier of specialized materials and complex components. The enterprise’s operations are strategically divided into two primary divisions: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment is responsible for creating a diverse range of advanced substances, including titanium and its numerous alloys, nickel- and cobalt-based alloys (such as superalloys), sophisticated powdered alloys, and other distinctive specialty materials. These are offered in elongated product forms like ingots, billets, bars, rods, wires, various structural shapes, rectangular sections, and seamless tubing. Additionally, this division engineers precision forgings, finished components, and custom-machined parts, primarily catering to the aerospace, defense, medical, and energy industries. In contrast, the AA&S segment focuses on producing zirconium and its associated alloys, which include hafnium and niobium, alongside nickel-based alloys, titanium and its specific alloys, and other unique high-performance alloys. These are commonly supplied as plates, sheets, and meticulously rolled strip products. This segment further extends its services to include hot-rolling conversion for materials like carbon steel and titanium products. The offerings from AA&S find critical applications across the energy, aerospace and defense, automotive, and electronics sectors. Formerly known as Allegheny Technologies Incorporated, ATI Inc. was established in 1960 and currently maintains its corporate headquarters in Dallas, Texas.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 4,173,700 | 4,362,100 | 4,587,400 |
| Gross Profit | 826,300 | 913,500 | 999,800 |
| EBITDA | 539,100 | 670,700 | 810,399.999 |
| Operating Income | 466,400 | 608,900 | 634,700 |
| Net Income | 410,800 | 367,800 | 404,300 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 4,985,100 | 5,230,600 | 5,099,600 |
| Total Liabilities | 3,504,600 | 3,275,400 | 3,182,900 |
| Total Stockholders Equity | 1,373,000 | 1,850,400 | 1,804,500 |
| Total Debt | 2,179,600 | 1,895,300 | 1,749,400 |
| Cash and Cash Equivalents | 743,900 | 721,200 | 416,700 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 85,900 | 407,200 | 614,300 |
| Capital Expenditure | -200,700 | -239,100 | -280,600 |
| Free Cash Flow | -114,800 | 168,100 | 333,700 |
| Net Income | 410,800 | 382,700 | 404,300 |
| Net Change in Cash | 159,900 | -22,700 | -304,500 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 6,626,759.234 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 6,857,210.155 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 6,749,100 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 1,076,665.960 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 1,114,107.891 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 1,096,542.967 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 1,173,436.130 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 1,226,779.872 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 1,201,755.008 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 411,455.263 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 425,763.954 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 419,051.398 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 8.480 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 8.650 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 8.280 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 3 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 2 | Research Access | Research Access | Research Access | Research Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Revenue Performance: ATI has demonstrated consistent revenue growth as per the latest income statements, reflecting strong operational execution and market demand for its products within the industry segment, as evidenced by revenue product segments data.
- Solid Free Cash Flow: The cash flow statements indicate a healthy free cash flow yield (TTM), suggesting ATI's ability to generate cash after capital expenditures, which supports financial flexibility for reinvestment or debt management.
- Industry Positioning: ATI benefits from a favorable position within its sector, with performance metrics (perf1y, perf5y) showing outperformance compared to industry averages (industry_perf1y, industry_perf5y), highlighting competitive strength.
Log in with Research Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates ATI intrinsic value between $16.85 – $43.43 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
[intrinsic_calculator]
Common questions about ATI valuation
Is ATI Inc. (ATI) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for ATI Inc. (ATI) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is ATI a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether ATI trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is ATI’s P/E ratio?
You can see ATI’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for ATI?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is ATI a good long-term investment?
Whether ATI fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
ATI
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
-1.1
Trading Metrics:
| Open: | 217 | Previous Close: | 215.23 | |
| Day Low: | 211.66 | Day High: | 217.84 | |
| Year Low: | 74.45 | Year High: | 243.57 | |
| Price Avg 50: | 201.37 | Price Avg 200: | 154.71 | |
| Volume: | 1.278M | Average Volume: | 1.719M |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's freeATI full analysis
Welcome to MARKETSNAP’s SWOT analysis for ATI, also known by its ticker symbol ATI. If you’re not familiar with this company, let me give you the quick rundown. ATI, or Allegheny Technologies Incorporated, is a key player in the specialty materials and components space, operating primarily in the aerospace and defense industries, as well as other high-performance sectors. They’re known for producing advanced alloys and materials that go into everything from jet engines to medical devices. Based in the U.S.,…
