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ATI

ATI

ATI Inc. is a global manufacturer of specialty materials and highly engineered components, leveraging advanced materials science and process technologies.

Market cap
$28.99B+174%
Revenue$4.7B+4.6%
Net income$475.8M+14.0%
Free cash flow$526.3M+124%
EPS (diluted)$3.41+18.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 27, 2026 (in 2 months)
Revenue estimate$1.3B
EPS estimate$1.28

Financials

Q2 2026

Income statement

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Revenue$1.3B+10.6%
Gross profit$309.8M+27.8%
Operating income$220.0M+36.6%
Net income$151.0M+50.0%
EPS (diluted)$1.09+55.7%

Balance sheet

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Cash & equivalents$783.0M+145%
Total debt$2.2B+16.0%
Total equity$1.9B+7.6%
Total assets$5.7B+14.3%

Cash flow

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Operating cash flow$131.8M-18.4%
CapEx$68.6M-4.9%
Free cash flow$63.2M-29.3%

Valuation & ratios

Valuation

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Market cap$28.99B+174%
Enterprise value$30.39B+150%
P/E60.9×+35.6×
P/S6.2×+3.8×

Profitability

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Gross margin23.4%+2.3pp
Operating margin15.2%+0.6pp
Net margin10.1%+0.8pp
FCF margin11.2%+5.9pp

Returns & leverage

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Return on equity26.3%-0.7pp
Debt / equity1.2×+0.1×
Current ratio2.3×-0.2×

Segments

By segment

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AA&S$742.6M+28.4%
HPMC$681.2M+2.9%

Competitors

Profile

ATI Inc. is a global manufacturer of specialty materials and highly engineered components, leveraging advanced materials science and process technologies. The company primarily serves the aerospace and defense sectors, providing high-performance alloys and components that withstand extreme heat, corrosion, and stress. Its core value proposition lies in solving complex engineering challenges through the development of nickel-based superalloys, titanium alloys, and advanced metallic powders.

Competitive position

ATI is a world leader in specialty materials for jet engines and a pioneer in iso-thermal forging and nuclear-grade zirconium alloys.

GeographiesUnited States, Asia, Global
Customer segmentsAerospace OEMs, Defense Agencies, Energy Infrastructure, Medical Device Manufacturers
Business modelAdvanced Manufacturing, Materials Science Engineering
SuppliersRaw material suppliers for nickel, titanium, and zirconium, Energy for smelting and forging operations, Chemical precursors
CustomersCommercial aircraft manufacturers, Military aircraft and naval vessel builders, Nuclear power plant operators, Medical implant manufacturers
Listed1993
Employees7.3K
CEOKimberly A. Fields
FilingsSEC EDGAR

FAQ

What is ATI's market cap?
ATI (ATI) has a market capitalization of $29.0B and trades on NYSE.
What is ATI's revenue and profitability?
ATI generated $4.7B in trailing twelve-month revenue with net income of $475.8M, representing a net margin of 10.1%. Gross margin stands at 23.4%, with free cash flow of $526.3M. These figures are based on the Q2 2026 filing.
Who are ATI's competitors?
ATI's key competitors include Howmet Aerospace Inc., Carpenter Technology Corporation, Kaiser Aluminum Corporation, and others. These companies compete in similar markets and product categories.
What subsidiaries does ATI have?
ATI's subsidiaries include Specialty Rolled Products.
Where is ATI headquartered?
ATI is headquartered in United States of America and employs approximately 7,300 people. It has been publicly traded since 1993.