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ATI INC (ATI) Stock Fundamental Analysis

USA - New York Stock Exchange - NYSE:ATI - US01741R1023 - Common Stock

110.45 USD
+5.72 (+5.46%)
Last: 12/11/2025, 3:01:53 PM
Fundamental Rating

6

Taking everything into account, ATI scores 6 out of 10 in our fundamental rating. ATI was compared to 72 industry peers in the Aerospace & Defense industry. ATI scores excellent on profitability, but there are some minor concerns on its financial health. ATI has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

In the past year ATI was profitable.
In the past year ATI had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ATI reported negative net income in multiple years.
Each year in the past 5 years ATI had a positive operating cash flow.
ATI Yearly Net Income VS EBIT VS OCF VS FCFATI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M -1B -1.5B

1.2 Ratios

Looking at the Return On Assets, with a value of 8.89%, ATI belongs to the top of the industry, outperforming 90.28% of the companies in the same industry.
ATI has a Return On Equity of 26.06%. This is amongst the best in the industry. ATI outperforms 95.83% of its industry peers.
With an excellent Return On Invested Capital value of 13.13%, ATI belongs to the best of the industry, outperforming 90.28% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ATI is in line with the industry average of 8.58%.
The 3 year average ROIC (10.03%) for ATI is below the current ROIC(13.13%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 8.89%
ROE 26.06%
ROIC 13.13%
ROA(3y)6.07%
ROA(5y)-4.33%
ROE(3y)20.77%
ROE(5y)-49.01%
ROIC(3y)10.03%
ROIC(5y)6.93%
ATI Yearly ROA, ROE, ROICATI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300

1.3 Margins

ATI's Profit Margin of 9.71% is fine compared to the rest of the industry. ATI outperforms 77.78% of its industry peers.
In the last couple of years the Profit Margin of ATI has grown nicely.
With an excellent Operating Margin value of 14.33%, ATI belongs to the best of the industry, outperforming 81.94% of the companies in the same industry.
ATI's Operating Margin has improved in the last couple of years.
ATI's Gross Margin of 21.83% is in line compared to the rest of the industry. ATI outperforms 41.67% of its industry peers.
ATI's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 14.33%
PM (TTM) 9.71%
GM 21.83%
OM growth 3Y49.73%
OM growth 5Y7.23%
PM growth 3YN/A
PM growth 5Y6.18%
GM growth 3Y20.05%
GM growth 5Y5.88%
ATI Yearly Profit, Operating, Gross MarginsATI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40

5

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ATI is still creating some value.
The number of shares outstanding for ATI has been increased compared to 1 year ago.
ATI has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ATI has been reduced compared to a year ago.
ATI Yearly Shares OutstandingATI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M
ATI Yearly Total Debt VS Total AssetsATI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

2.2 Solvency

ATI has an Altman-Z score of 4.43. This indicates that ATI is financially healthy and has little risk of bankruptcy at the moment.
ATI has a Altman-Z score (4.43) which is in line with its industry peers.
The Debt to FCF ratio of ATI is 4.13, which is a neutral value as it means it would take ATI, 4.13 years of fcf income to pay off all of its debts.
ATI's Debt to FCF ratio of 4.13 is fine compared to the rest of the industry. ATI outperforms 79.17% of its industry peers.
ATI has a Debt/Equity ratio of 1.00. This is a high value indicating a heavy dependency on external financing.
ATI has a Debt to Equity ratio of 1.00. This is in the lower half of the industry: ATI underperforms 79.17% of its industry peers.
Industry RankSector Rank
Debt/Equity 1
Debt/FCF 4.13
Altman-Z 4.43
ROIC/WACC1.35
WACC9.71%
ATI Yearly LT Debt VS Equity VS FCFATI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

ATI has a Current Ratio of 2.50. This indicates that ATI is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.50, ATI is in line with its industry, outperforming 52.78% of the companies in the same industry.
ATI has a Quick Ratio of 1.18. This is a normal value and indicates that ATI is financially healthy and should not expect problems in meeting its short term obligations.
ATI's Quick ratio of 1.18 is on the low side compared to the rest of the industry. ATI is outperformed by 62.50% of its industry peers.
Industry RankSector Rank
Current Ratio 2.5
Quick Ratio 1.18
ATI Yearly Current Assets VS Current LiabilitesATI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

5

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 33.62% over the past year.
Measured over the past years, ATI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.34% on average per year.
The Revenue has been growing slightly by 7.75% in the past year.
ATI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.14% yearly.
EPS 1Y (TTM)33.62%
EPS 3Y174.06%
EPS 5Y15.34%
EPS Q2Q%41.67%
Revenue 1Y (TTM)7.75%
Revenue growth 3Y15.93%
Revenue growth 5Y1.14%
Sales Q2Q%7.07%

3.2 Future

ATI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.02% yearly.
Based on estimates for the next years, ATI will show a small growth in Revenue. The Revenue will grow by 7.18% on average per year.
EPS Next Y30.69%
EPS Next 2Y26.41%
EPS Next 3Y23.85%
EPS Next 5Y18.02%
Revenue Next Year7.32%
Revenue Next 2Y7.86%
Revenue Next 3Y7.83%
Revenue Next 5Y7.18%

3.3 Evolution

The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
ATI Yearly Revenue VS EstimatesATI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B
ATI Yearly EPS VS EstimatesATI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 2 4

5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 35.63, which means the current valuation is very expensive for ATI.
69.44% of the companies in the same industry are more expensive than ATI, based on the Price/Earnings ratio.
ATI's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.59.
The Price/Forward Earnings ratio is 27.98, which means the current valuation is very expensive for ATI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ATI indicates a somewhat cheap valuation: ATI is cheaper than 72.22% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.80, ATI is valued at the same level.
Industry RankSector Rank
PE 35.63
Fwd PE 27.98
ATI Price Earnings VS Forward Price EarningsATI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, ATI is valued a bit cheaper than 72.22% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ATI is valued cheaper than 84.72% of the companies in the same industry.
Industry RankSector Rank
P/FCF 32.53
EV/EBITDA 19.19
ATI Per share dataATI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

ATI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ATI has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ATI's earnings are expected to grow with 23.85% in the coming years.
PEG (NY)1.16
PEG (5Y)2.32
EPS Next 2Y26.41%
EPS Next 3Y23.85%

0

5. Dividend

5.1 Amount

ATI does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

ATI INC

NYSE:ATI (12/11/2025, 3:01:53 PM)

110.45

+5.72 (+5.46%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)10-28 2025-10-28/bmo
Earnings (Next)02-02 2026-02-02/amc
Inst Owners97.5%
Inst Owner Change-2.74%
Ins Owners0.46%
Ins Owner Change-1.52%
Market Cap15.01B
Revenue(TTM)4.58B
Net Income(TTM)444.80M
Analysts82.67
Price Target117.54 (6.42%)
Short Float %2.06%
Short Ratio1.88
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.27%
Min EPS beat(2)2.42%
Max EPS beat(2)14.11%
EPS beat(4)4
Avg EPS beat(4)16.08%
Min EPS beat(4)2.42%
Max EPS beat(4)27.48%
EPS beat(8)7
Avg EPS beat(8)9.24%
EPS beat(12)11
Avg EPS beat(12)7.09%
EPS beat(16)15
Avg EPS beat(16)24.27%
Revenue beat(2)0
Avg Revenue beat(2)-1.65%
Min Revenue beat(2)-2.03%
Max Revenue beat(2)-1.27%
Revenue beat(4)2
Avg Revenue beat(4)1.76%
Min Revenue beat(4)-2.03%
Max Revenue beat(4)6.42%
Revenue beat(8)4
Avg Revenue beat(8)-0.2%
Revenue beat(12)5
Avg Revenue beat(12)-0.52%
Revenue beat(16)9
Avg Revenue beat(16)1.81%
PT rev (1m)11.09%
PT rev (3m)18.52%
EPS NQ rev (1m)0.95%
EPS NQ rev (3m)7.25%
EPS NY rev (1m)2.62%
EPS NY rev (3m)6.12%
Revenue NQ rev (1m)-0.66%
Revenue NQ rev (3m)-2.04%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-0.32%
Valuation
Industry RankSector Rank
PE 35.63
Fwd PE 27.98
P/S 3.27
P/FCF 32.53
P/OCF 21.55
P/B 8.79
P/tB 10.13
EV/EBITDA 19.19
EPS(TTM)3.1
EY2.81%
EPS(NY)3.95
Fwd EY3.57%
FCF(TTM)3.4
FCFY3.07%
OCF(TTM)5.13
OCFY4.64%
SpS33.73
BVpS12.56
TBVpS10.91
PEG (NY)1.16
PEG (5Y)2.32
Graham Number29.6
Profitability
Industry RankSector Rank
ROA 8.89%
ROE 26.06%
ROCE 16.67%
ROIC 13.13%
ROICexc 14.49%
ROICexgc 15.47%
OM 14.33%
PM (TTM) 9.71%
GM 21.83%
FCFM 10.07%
ROA(3y)6.07%
ROA(5y)-4.33%
ROE(3y)20.77%
ROE(5y)-49.01%
ROIC(3y)10.03%
ROIC(5y)6.93%
ROICexc(3y)12.78%
ROICexc(5y)9.01%
ROICexgc(3y)14.09%
ROICexgc(5y)10%
ROCE(3y)12.74%
ROCE(5y)8.81%
ROICexgc growth 3Y44.81%
ROICexgc growth 5Y12.7%
ROICexc growth 3Y48.17%
ROICexc growth 5Y14.31%
OM growth 3Y49.73%
OM growth 5Y7.23%
PM growth 3YN/A
PM growth 5Y6.18%
GM growth 3Y20.05%
GM growth 5Y5.88%
F-Score8
Asset Turnover0.92
Health
Industry RankSector Rank
Debt/Equity 1
Debt/FCF 4.13
Debt/EBITDA 2.09
Cap/Depr 142.86%
Cap/Sales 5.13%
Interest Coverage 250
Cash Conversion 84.78%
Profit Quality 103.71%
Current Ratio 2.5
Quick Ratio 1.18
Altman-Z 4.43
F-Score8
WACC9.71%
ROIC/WACC1.35
Cap/Depr(3y)128.93%
Cap/Depr(5y)117.62%
Cap/Sales(3y)4.57%
Cap/Sales(5y)4.75%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.62%
EPS 3Y174.06%
EPS 5Y15.34%
EPS Q2Q%41.67%
EPS Next Y30.69%
EPS Next 2Y26.41%
EPS Next 3Y23.85%
EPS Next 5Y18.02%
Revenue 1Y (TTM)7.75%
Revenue growth 3Y15.93%
Revenue growth 5Y1.14%
Sales Q2Q%7.07%
Revenue Next Year7.32%
Revenue Next 2Y7.86%
Revenue Next 3Y7.83%
Revenue Next 5Y7.18%
EBIT growth 1Y28.08%
EBIT growth 3Y73.58%
EBIT growth 5Y8.45%
EBIT Next Year49.93%
EBIT Next 3Y24.41%
EBIT Next 5Y17.92%
FCF growth 1Y349.76%
FCF growth 3YN/A
FCF growth 5Y21.86%
OCF growth 1Y10047.1%
OCF growth 3Y192.98%
OCF growth 5Y11.97%

ATI INC / ATI FAQ

Can you provide the ChartMill fundamental rating for ATI INC?

ChartMill assigns a fundamental rating of 6 / 10 to ATI.


What is the valuation status of ATI INC (ATI) stock?

ChartMill assigns a valuation rating of 5 / 10 to ATI INC (ATI). This can be considered as Fairly Valued.


What is the profitability of ATI stock?

ATI INC (ATI) has a profitability rating of 8 / 10.


What is the valuation of ATI INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for ATI INC (ATI) is 35.63 and the Price/Book (PB) ratio is 8.79.


What is the earnings growth outlook for ATI INC?

The Earnings per Share (EPS) of ATI INC (ATI) is expected to grow by 30.69% in the next year.