ATI (ATI) reported capex of $55.2M in Q1 2026.

How has ATI's capex changed year-over-year?

ATI's capex increased by 3.6% year-over-year, from $53.3M to $55.2M.

What is the long-term trend for ATI's capex?

Over 4 years (2021 to 2025), ATI's capex has grown at a 16.4% compound annual growth rate (CAGR), from $152.6M to $280.6M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

ATI ATI CapEx

CapEx at other companies

Howmet AerospaceHWM

$94M-21.0%

Carpenter TechnologyCRS

$68.7M+70.9%

WoodwardWWD

$52.59M+186%

Kaiser AluminumKALU

$19.4M-49.2%

Barnes GroupB

$11.97M-24.2%

Ingles MarketsIMKTA

$536K-15.1%

Segments

By segment

See full

HPMC$28.4M-3.4%

AA&S$24.8M+7.8%

Corporate$2M+122%

Other financials

Income statement

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Revenue$1.2B+0.6%

Gross profit$262.9M+11.5%

Operating income$163.8M+11.5%

Net income$118.2M+21.9%

EPS (diluted)$0.85+26.9%

Balance sheet

See full

Cash & equivalents$401.7M-15.6%

Total debt$1.8B-3.4%

Total equity$1.8B-5.5%

Total assets$5.2B+1.0%

Cash flow

See full

Operating cash flow$128.2M+239%

Free cash flow$73.0M+150%

Valuation

See full

Market cap$26.9B+112%

Enterprise value$28.32B+98.4%

P/E63.2×+32.9×

P/S5.9×+3.0×

Profitability

See full

Gross margin22.5%+1.5pp

Operating margin14.3%0.0pp

Net margin9.3%+0.3pp

FCF margin12%+7.8pp

Returns & leverage

See full

Return on equity23.4%-2.1pp

Debt / equity1×0.0×

Current ratio2.7×+0.1×

Where this comes from

Reported directly by ATI in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: ATI’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ATI's capex?: ATI (ATI) reported capex of $55.2M in Q1 2026.
How has ATI's capex changed year-over-year?: ATI's capex increased by 3.6% year-over-year, from $53.3M to $55.2M.
What is the long-term trend for ATI's capex?: Over 4 years (2021 to 2025), ATI's capex has grown at a 16.4% compound annual growth rate (CAGR), from $152.6M to $280.6M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.