Atkore Inc.ATKR

NYSEIndustrialsMiscellaneous Electrical Machinery, Equipment & Supplies
Price (close)
$94.57
Market cap
$3.2B
P/E
—
Revenue (TTM)
$2.9B
Net income
-$162.7M
Dividend yield
1.40%
1-year total return
59.1%
Net margin
-5.5%
Revenue growth
1.6%
Debt / equity
0.60x

What Atkore Inc. does.

The following discussion of our business contains “forward-looking statements,” as discussed in Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” below. Our business, operations and financial position are subject to various risks as set forth in Part I, Item 1A, “Risk Factors” below. The following information should be read in conjunction with Management’s Discussion and Analysis of Financial Condition and Results of Operations, the Financial Statements and Supplementary Data and related notes and the Risk Factors included elsewhere in this Annual Report on Form 10-K.

Atkore Inc. (collectively with all its subsidiaries referred to in this Annual Report on Form 10-K as “Atkore,” the “Company,” “we,” “us,” and “our”) was incorporated in the State of Delaware on November 4, 2010. Atkore is the sole stockholder of Atkore International, Inc. (“AII”).

We are a leading manufacturer of Electrical products primarily for the non-residential construction and renovation markets, as well as residential markets, and Safety & Infrastructure products for the construction and industrial markets. The Electrical segment manufactures high quality products used in the construction of electrical power systems including conduit, cable, and installation accessories. This segment serves contractors in partnership with the electrical wholesale channel. The Safety & Infrastructure segment designs and manufactures solutions including metal framing, mechanical pipe, perimeter security, and cable management for the protection and reliability of critical infrastructure. These solutions are marketed to contractors, original equipment manufacturers (“OEMs”), and end-users. We believe we hold #1 or #2 positions in the United States by net sales in a significant number of our products. The quality of our products, strength of our brands, our scale and national presence provide what we believe to be a unique set of competitive advantages that position us for profitable growth.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$1.8B$2.9B$3.9B$3.5B$3.2B$2.9B
Net income$152.3M$587.9M$913.4M$689.9M$472.9M-$15.2M
Free cash flow$215.0M$508.4M$651.1M$588.7M$399.2M$295.7M

More on ATKR.

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