Touchstone
Last syncNov 1, 2026, 6:55 PM ET

ATI

Ati Inc Materials Steel Pipe & Tubes Russell 3000
$165.59Close $22.5BMarket cap $94.80 – $231.7852-week range Late-januaryNext report · estimated

Highlights

Strengths

  • Earnings growing EPS +75% year on year, faster than the quarter before (+20 pts)

Cautions

  • Not in an uptrend 5 of 8 trend conditions
  • Far from its high 29% below its 52-week high

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 28, 2025 · filed Oct 29, 2026
Off 12-month high 29%
1wk up 5.6% price change
1mo down 12.6% price change
12-month return up 64% market up 11% · its own up 50%
F-score 9 / 9 Exceptional
Altman Z 6.08 Low risk
P/E 55.7× price / earnings
PEG 4.08 P/E / EPS growth
P/B 12.5× price / book
Earnings yield up 2.7% EBIT / enterprise value
Cheaper than 28% of the market · expensive
Revenue growth up 5% year on year
EPS growth up 75% latest quarter · +20 pts
Sales growth up 26% latest quarter · +16 pts
ROE up 22% return on equity
Free cash margin up 7% $333.7M FCF
D/E 0.97 long-term debt / equity
Net debt / EBITDA 1.6×
Interest cover 5.8×EBIT / interest
Piotroski tests
  • profitable on its assets
  • generating cash from operations
  • profitability improving
  • profits backed by cash
  • reduced long-term debt
  • short-term liquidity improved
  • no new shares issued
  • gross margin widened
  • assets working harder

Repair signals

  • Long-term debt down 8% ($1.9B → $1.7B)
  • Gross margin 20.6% → 22.0%

Trade setup

ATR% 6.1% $10.07 a day · 2×ATR $145.45
RS 71 / 99 vs the universe
Trend 5 / 8 under the 150/200-day, under the 50-day, over 25% off the high
Relative volume 1.0× vs 50-day average
Up/down volume 0.73 50 sessions
Implied move — no scheduled report
Contractions 2 27% → 22%
Pivot $196.09 15.6% below
Volume dry-up 1.2× 10 vs 50 sessions
Trend template · 5 of 8
  • Price above the 150 and 200-day averages: fails
  • 150-day average above the 200-day: passes
  • 200-day average rising for a month: passes
  • 50-day average above the 150 and 200-day: passes
  • Price above the 50-day average: fails
  • At least 30% above the 52-week low: passes
  • Within 25% of the 52-week high: fails
  • RS rank 70 or higher: passes

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Oct 29, 2026
Results reaction Oct 29, 2026+2% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $4.6B +5% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $3.0B FY2021 · $2.8B FY2022 · $3.8B FY2023 · $4.2B FY2024 · $4.4B FY2025 · $4.6B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $404.3M +10% on FY2024
-$2B $0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$1.6B FY2021 · $184.6M FY2022 · $323.5M FY2023 · $410.8M FY2024 · $367.8M FY2025 · $404.3M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $333.7M +99% on FY2024
-$200M $0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $30.4M FY2021 · -$136.5M FY2022 · $94.0M FY2023 · -$114.8M FY2024 · $168.1M FY2025 · $333.7M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 22%
  • Net 9%
  • Free cash 7%
-100% 0% 25% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 10% · Net -53% · Free cash 1% FY2021 · Gross 12% · Net 7% · Free cash -5% FY2022 · Gross 19% · Net 8% · Free cash 2% FY2023 · Gross 19% · Net 10% · Free cash -3% FY2024 · Gross 21% · Net 8% · Free cash 4% FY2025 · Gross 22% · Net 9% · Free cash 7%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $1.3B net debt
  • Cash
  • Long-term debt
$0 $2.5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $645.9M · Long-term debt $1.6B FY2021 · Cash $687.7M · Long-term debt $1.7B FY2022 · Cash $584.0M · Long-term debt $1.7B FY2023 · Cash $743.9M · Long-term debt $2.1B FY2024 · Cash $721.2M · Long-term debt $1.9B FY2025 · Cash $416.7M · Long-term debt $1.7B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 135.93m +7.2% since FY2020
141.39m 126.82m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 126.82m FY2021 · 127.25m FY2022 · 128.27m FY2023 · 126.88m FY2024 · 141.39m FY2025 · 135.93m
  FY2020Dec 31, 2020 FY2021Jan 2, 2022 FY2022Jan 1, 2023 FY2023Dec 31, 2023 FY2024Dec 29, 2024 FY2025Dec 28, 2025
Revenue $3.0B $2.8B $3.8B $4.2B $4.4B $4.6B
Gross margin 10% 12% 19% 19% 21% 22%
Operating income -$1.3B $117.6M $316.1M $466.4M $608.9M $640.9M
Net income -$1.6B $184.6M $323.5M $410.8M $367.8M $404.3M
Net margin -53% 7% 8% 10% 8% 9%
Earnings per share -$12.43 $1.21 $2.14 $2.74 $2.51 $2.85
Free cash flow $30.4M -$136.5M $94.0M -$114.8M $168.1M $333.7M
Free cash margin 1% -5% 2% -3% 4% 7%
Cash $645.9M $687.7M $584.0M $743.9M $721.2M $416.7M
Long-term debt $1.6B $1.7B $1.7B $2.1B $1.9B $1.7B
Shareholders' equity $521.1M $685.6M $1.0B $1.4B $1.9B $1.8B
Shares outstanding 126.82m 127.25m 128.27m 126.88m 141.39m 135.93m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 29, 2026 Quarterly ↗ Sep 27, 2026 32d
Aug 6, 2026 Quarterly ↗ Jun 28, 2026 39d
Apr 30, 2026 Quarterly ↗ Mar 29, 2026 32d
Feb 20, 2026 Annual ↗ Dec 28, 2025 54d
Oct 28, 2025 Quarterly ↗ Sep 28, 2025 30d
Jul 31, 2025 Quarterly ↗ Jun 29, 2025 32d
May 1, 2025 Quarterly ↗ Mar 30, 2025 32d
Feb 21, 2025 Annual ↗ Dec 29, 2024 54d
Oct 29, 2024 Quarterly ↗ Sep 29, 2024 30d
Aug 6, 2024 Quarterly ↗ Jun 30, 2024 37d
Apr 30, 2024 Quarterly ↗ Mar 31, 2024 30d
Feb 23, 2024 Annual ↗ Dec 31, 2023 54d

Current reports

FiledDisclosed
Oct 29, 2026 Results ↗
Aug 6, 2026 Results ↗
Jun 8, 2026 Material agreement · New obligation · Other events ↗
Jun 3, 2026 Other events ↗
Jun 3, 2026 Other events ↗
May 19, 2026 Shareholder vote ↗
Apr 30, 2026 Results ↗
Feb 19, 2026 Other events ↗
Feb 3, 2026 Results ↗
Dec 8, 2025 Director or officer change ↗
Nov 18, 2025 Director or officer change ↗
Oct 28, 2025 Results ↗