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ATI ATI Contract Assets

Contract Assets at other companies

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Kaiser AluminumKALU
$72.3M+4.6%
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HexcelHXL
$41.6M+2.2%
Rogers Corporation logo
Rogers CorporationROG
$27.1M+6.7%
Celestica logo
CelesticaCLS
$325.4M+10.9%

Other financials

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

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Market cap$31.03B+209%
Enterprise value$32.43B+179%
P/E65.2×+41.1×
P/S6.6×+4.4×

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×

Where this comes from

Reported directly by ATI in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The source filing: ATI’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 3:36 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001628280-26-054233
Line itemJune 28,2026December 28,2025
Current Assets:
Cash and cash equivalents$783.0$416.7
Accounts receivable, net646.6686.1
Short-term contract assets95.972.8
Inventories, net1,667.51,403.2
Prepaid expenses and other current assets87.4101.2
Total Current Assets3,280.42,680.0
Property, plant and equipment, net1,980.71,940.6

Item 1. Financial Statements

FAQ

What is ATI's contract assets?
ATI (ATI) reported contract assets of $95.9M in Q2 2026.
How has ATI's contract assets changed year-over-year?
ATI's contract assets increased by 11.0% year-over-year, from $86.4M to $95.9M.
What is the long-term trend for ATI's contract assets?
Over 5 years (2020 to 2025), ATI's contract assets has grown at a 13.4% compound annual growth rate (CAGR), from $38.9M to $72.8M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

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