Ati IncATI

NYSEMaterialsSteel Pipe & Tubes
Price (close)
$185.48
Market cap
$25.3B
P/E
53.1x
Revenue (TTM)
$4.7B
Net income
$475.8M
Dividend yield
—
1-year total return
139.6%
Net margin
10.1%
Revenue growth
4.6%
Debt / equity
1.17x

What Ati Inc does.

ATI Inc. is a Delaware corporation with its corporate headquarters located at 2021 McKinney Avenue, Suite 1100, Dallas, TX 75201, telephone number (800) 289-7454, Internet website address www.atimaterials.com. Our Internet website and content contained therein or connected thereto are not intended to incorporate into this Annual Report on Form 10-K. References to “ATI,” the “Company,” “the Registrant,” “we,” “our” and “us” and similar terms mean ATI Inc. and its subsidiaries, unless the context otherwise requires.

When used in this Annual Report on Form 10-K, unless the context otherwise requires or unless otherwise specified, any reference to “year” is to the Company’s fiscal year. The Company follows a 4-4-5 or 5-4-4 fiscal calendar, whereby each fiscal quarter consists of thirteen weeks grouped into two four-week months and one five-week month, and its fiscal year ends on the Sunday closest to December 31. Fiscal years 2025, 2024 and 2023 ended on December 28, 2025, December 29, 2024, and December 31, 2023, respectively. All fiscal years presented include 52 weeks of operations.

ATI produces specialty materials, highly differentiated by our materials science expertise and advanced process technologies. Our mission is to solve the world’s challenges through materials science. Aerospace & defense, our largest end markets, represent approximately 68% of total sales, led by products for jet engines and airframes in addition to a wide range of defense applications. Additionally, we have a strong presence the specialty energy market and also serve customers in several other markets including conventional energy, medical, electronics and other industrial markets.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$3.0B$2.8B$3.8B$4.2B$4.4B$4.6B
Net income-$1.6B$184.6M$323.5M$410.8M$367.8M$404.3M
Free cash flow$30.4M-$136.5M$94.0M-$114.8M$168.1M$333.7M

More on ATI.

Figures from Ati Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.