ATI ATI Inc. Common Stock

NYSE · Aerospace & Defense · View on SEC EDGAR ↗
$219.99
Price · Aug 19, 2026
Fundamentals as of Aug 6, 2026

About ATI Inc. Common Stock Company overview from Wikipedia

ATI Inc. is an American producer of specialty materials headquartered in Dallas, Texas. ATI produces metals including titanium and titanium alloys, nickel-based alloys and superalloys, stainless and specialty steels, zirconium, hafnium, and niobium, tungsten materials, forgings and castings.

Read more

ATI Inc. (previously Allegheny Technologies Incorporated) is an American producer of specialty materials headquartered in Dallas, Texas. ATI produces metals including titanium and titanium alloys, nickel-based alloys and superalloys, stainless and specialty steels, zirconium, hafnium, and niobium, tungsten materials, forgings and castings.

ATI's key markets are aerospace and defense, representing 68% of 2025 revenue, particularly commercial jet engines (over 68% of sales), specialty energy, oil & gas, chemical process industry, and medical.

The company operates from four geographic hubs: Specialty Materials in North and South Carolina; Specialty Rolled Products in Pennsylvania; Forged Products in Wisconsin; and Specialty Alloys & Components in Oregon. In addition, it has plants in Alabama, Florida, New York, Washington, Poland and China.

History

20th century mergers and acquisitions

In 1939, the merger of Allegheny Steel of Pittsburgh and Ludlum Steel of Watervliet, New York created Allegheny Ludlum Corporation; prior to the merger, the companies had manufactured steel for the Chrysler Building and Empire State Building in New York City. Allegheny Steel had produced stainless steel brightwork for the Model A Ford starting in 1930.

Through the 1970s, Allegheny Ludlum periodically cooperated with Ford to build several one-off promotional cars with stainless steel bodies. Three such cars are on display in the Crawford Auto-Aviation Museum.

In 1978, the company acquired Wilkinson Sword and Scripto. A year later, Allegheny Ludlum acquired Kennedy Company, a maker of magnetic tape products for large computer systems for an undisclosed sum. In 1984, Allegheny Ludlum sold off Scripto to the Tokai Corporation of Japan.

In 1986, the company suffered a $198 million operating loss and chairman Robert Buckley, stepped down amid accusations of mismanagement. In 1987, Wilkinson Sword was sold to Swedish Match for $230 million.

In 1987, Allegheny Ludlum became a public company via an initial public offering under chief executive Dick Simmons

In 1993, the company acquired Jessop Steel.

ATI Technologies born 1996

In 1996, it merged with Teledyne to form Allegheny Technologies. The company then spun off several subsidiaries as independent public companies such as Teledyne Technologies and Water Pik Technologies in 1999, to concentrate on its core business of metal and alloy production.

In 1998, the company acquired certain assets of Lukens Washington Steel when it was sold to Bethlehem Steel.

In 1998 ATI bought Teledyne Wah Chang Albany, as well as Oregon Metallurgical Corporation (Oremet). Both companies had plants in the Albany, Oregon area, such as the ATI Specialty Alloys and Components (Wah Chang) zirconium operation in Millersburg, Oregon. The Oremet facility makes high-quality titanium for use in Boeing aircraft.

In 2001 TWCA closed its titanium sponge manufacturing plant in Albany, Oregon; thereafter it would purchase the material on the open market as it continued to produce titanium ingot, slab, and mill products.

In 2004, the company acquired J&L Specialty Steel.

In 2005, the company sold its World Minerals subsidiary to French company Imerys. At the time, it racked up $3.5 billion in sales.

In May 2008 the company invested $260 million in a new plant located in Monroe.

In 2010, the company acquired Ladish for $778 million.

Allegheny Technologies debuted its ATI 425 Titanium Alloy on June 14, 2010, at the land and air-land defense and security exhibition Eurosatory in Paris, France.

In 2012 ATI announced a $325 million investment in a new plant located in Rowley UT. The plant was located adjacent to a US Magnesium plant, for easy interchange of by-products. The Rowley plant uses the Kroll process.

As of August 2016, the firm employed roughly 1,500 people in its Albany region plants.

In August 2016 the firm announced it would idle its plants in Albany and Rowley. The latter plant was idled because other global suppliers, who had entered the market recently, could undercut the Rowley titanium sponge. The Albany plant, which produced mainly for Boeing, was shuttered because of poor demand.

In September 2016 the company said it would shut down its Frackville plant, which produced titanium bar and hair-thin wire in a 55,000-square-foot facility.

In 2019 the firm sold its ATI Cast Products plant in Albany OR to a Cleveland OH company. At the time, the firm employed some 900 people in three plants in the Albany area.

The firm announced in December 2020 the closure of its Albany plant. The plant had been subject to a United Steel Workers certification drive in March 2019.

In March 2021, about 1,300 workers at nine facilities in the northern United States, all member of the United Steelworkers, went on strike over proposed changes to their health care plans. The strike ended in July when the company and USW reached an agreement on a new contract.

In June 2022, the company was officially renamed from Allegheny Technologies Incorporated to ATI. Alongside this, the company's domain was changed from ATImetals.com to ATImaterials.com.

In December 2022 the company closed its Albany plant.

As of September 2023 ATI was "a $3.8 billion company" with more than 6,000 workers in more than 30 locations in the United States and more than a dozen in Europe and Asia.

In June 2023 ATI announced a $28 million expansion of its Richland WA plant, located in the Horn Rapids Industrial Park. At the same time it announced it would re-start its Albany OR operations. The Richland plant has a furnace, which liquefies the metal with electron beams. The liquid metal flows into hearths where defects are removed. The finished products are billets that weigh up to 44,000 pounds. It also has a vacuum arc remelting process. ATI Additive Manufacturing Products was opened in Margate, Florida in 2024.

Products

Titanium and titanium alloys, nickel-based alloys and superalloys, stainless and specialty steels, zirconium, hafnium, and nobium, forgings and castings.

Environmental record

Allegheny Ludlum's Natrona, Pennsylvania and Brackenridge, Pennsylvania plants contributed to the waste at the ALSCO Park Lindane Dump, an EPA Superfund site. These plants also released chromium into the air, which adversely affected air quality at schools in the Highlands School District.

In 2005, Allegheny Ludlum agreed to pay a $2,375,000 penalty to settle a lawsuit brought by the U.S. Department of Justice on behalf of the United States Environmental Protection Agency in 1995, which alleged that the company had unlawfully discharged oil and other pollutants, such as chromium, zinc, copper, and nickel, into the Allegheny River and Kiskiminetas River in the suburbs of Pittsburgh.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

ATI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$219.99
Market Cap
$29.90B
P/E (TTM)
77.2
EPS (TTM)
$2.85
Revenue (TTM)
$4.59B
Div Yield
ROE
22.1%
Debt/Equity
52W Range
$70 – $244

ATI Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $4.59B
10-point trend, +13.4%
2018-12-31 2025-12-28
EPS $2.85
10-point trend, +77.0%
2018-12-31 2025-12-28
Free Cash Flow $334M
8-point trend, +31.6%
2018-12-31 2025-12-28
Margins 8.8%
8-point trend, +40.9%
2018-12-31 2025-12-28

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
ATI
Peer Median
P/E (TTM)
5-point trend, +177.3%
77.2
49.1
P/S (TTM)
5-point trend, +378.7%
6.5
7.2
P/B
5-point trend, +198.0%
16.6
8.4
Price / FCF
5-point trend, +420.8%
89.6

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
ATI
Peer Median
Gross Margin
5-point trend, +84.5%
21.9%
35.4%
Operating Margin
5-point trend, +232.6%
14.0%
Net Profit Margin
5-point trend, +747.8%
8.8%
12.5%
ROA
5-point trend, +951.1%
7.8%
8.3%
ROE
5-point trend, +449.4%
22.1%
21.3%
ROIC
5-point trend, +208.6%
28.5%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
ATI
Peer Median
Current Ratio
5-point trend, -1.1%
2.7
2.5
Quick Ratio
5-point trend, -18.9%
1.1

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
ATI
Peer Median
Revenue YoY
5-point trend, +19.6%
5.2%
Revenue CAGR 3Y
5-point trend, +19.6%
6.1%
Revenue CAGR 5Y
5-point trend, +19.6%
9.0%
EPS YoY
5-point trend, +196.9%
11.8%
Net Income YoY
5-point trend, +208.9%
9.9%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
ATI
Peer Median
EPS (Diluted)
5-point trend, +196.9%
$2.85

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
ATI
Peer Median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
Payout Ratio
5Y Div CAGR
Ex-dateAmount
Aug. 16, 2016$0.0800
May 25, 2016$0.0800
March 9, 2016$0.0800
Dec. 17, 2015$0.0800
Aug. 17, 2015$0.1800
May 22, 2015$0.1800
March 9, 2015$0.1800
Dec. 12, 2014$0.1800
Aug. 18, 2014$0.1800
June 3, 2014$0.1800
March 10, 2014$0.1800
Dec. 18, 2013$0.1800
Aug. 19, 2013$0.1800
May 20, 2013$0.1800
March 11, 2013$0.1800
Dec. 13, 2012$0.1800
Sept. 17, 2012$0.1800
May 25, 2012$0.1800
March 12, 2012$0.1800
Dec. 16, 2011$0.1800

ATI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 15 analysts
  • Strong Buy 3 20.0%
  • Buy 11 73.3%
  • Hold 1 6.7%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

9 analysts · 2026-08-18
Median target $260.00 +18.2%
Mean target $248.44 +12.9%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.10%
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.23 $1.05 0.18%
March 31, 2026 $1.00 $0.89 0.11%
Dec. 31, 2025 $0.93 $0.89 0.04%
Sept. 30, 2025 $0.85 $0.74 0.11%
June 30, 2025 $0.74 $0.72 0.02%
March 31, 2025 $0.72 $0.60 0.12%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
ATI $15.90B 41.0 5.2% 8.8% 22.1% 21.9%
HONA
LHX $56.89B 35.7 9.8% 8.2%
AXON $45.55B 376.1 33.5% 4.5% 4.2% 59.7%
RKLB $37.92B -188.5 38.0% -32.9% -16.4% 34.4%
HEI
CRS $30.60B 58.6 8.6% 17.0% 25.1% 30.6%
CW $20.32B 42.8 12.1% 13.8% 19.4% 37.2%
ARXS
FTAI
WWD 35.1 7.3% 12.4% 18.0%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 16
Annual Income Statement data for ATI
Metric Trend 2025202420232022202120202019201820172016
Revenue 10-point trend, +46.3% $4.59B $4.36B $4.17B $3.84B $2.80B $2.98B $4.12B $4.05B $3.53B $3.13B
Cost of Revenue 10-point trend, +23.0% $3.58B $3.46B $3.37B $3.12B $2.47B $2.69B $3.48B $3.42B $3.03B $2.91B
Gross Profit 10-point trend, +352.0% $1.01B $898M $803M $714M $333M $293M $638M $630M $497M $223M
R&D Expense 10-point trend, +44.9% $21M $20M $21M $16M $16M $14M $18M $23M $13M $15M
SG&A Expense 10-point trend, +51.6% $365M $342M $328M $298M $227M $201M $267M $268M $248M $241M
Operating Income 10-point trend, +218.3% $641M $609M $466M $316M $118M $-1.30B $366M $362M $135M $-542M
Interest Income 10-point trend, +764.3% $12M $16M $13M $5M $700.0K $2M $6M $1M $1M $1M
Other Non-op 10-point trend, +508.3% $15M $14M $1M $-12M $18M $-1M $64M $20M $4M $2M
Pretax Income 10-point trend, +171.2% $522M $486M $295M $355M $233M $-1.48B $236M $248M $-86M $-734M
Income Tax 10-point trend, +197.0% $104M $103M $-128M $16M $27M $78M $-28M $11M $-7M $-107M
Net Income 10-point trend, +163.1% $404M $368M $411M $324M $185M $-1.57B $252M $222M $-92M $-641M
EPS (Basic) 10-point trend, +148.9% $2.92 $2.82 $3.21 $2.54 $1.45 $-12.43 $2.01 $1.78 $-0.83 $-5.97
EPS (Diluted) 10-point trend, +147.7% $2.85 $2.55 $2.81 $2.23 $1.32 $-12.43 $1.81 $1.61 $-0.83 $-5.97
Shares (Basic) 10-point trend, +29.2% 138,600,000 130,400,000 128,100,000 127,500,000 127,100,000 126,500,000 125,800,000 125,200,000 110,100,000 107,300,000
Shares (Diluted) 10-point trend, +32.2% 141,800,000 146,600,000 150,000,000 151,200,000 152,700,000 126,500,000 146,500,000 145,900,000 110,100,000 107,300,000
EBITDA 8-point trend, +283.0% $809M $760M $612M · · $-1.16B $517M $518M $241M $-442M
Balance Sheet 24
Annual Balance Sheet data for ATI
Metric Trend 2025202420232022202120202019201820172016
Cash & Equivalents 9-point trend, +81.5% $417M $721M $744M $584M · $646M $491M $382M $142M $230M
Receivables 9-point trend, +51.8% $686M $709M $625M $579M · $346M $554M $528M $545M $452M
Inventory 9-point trend, +35.3% $1.40B $1.35B $1.25B $1.20B · $997M $1.16B $1.21B $1.18B $1.04B
Other Current Assets 9-point trend, +111.7% $101M $86M $62M $53M · $38M $64M $75M $53M $48M
Current Assets 9-point trend, +51.7% $2.68B $2.94B $2.74B $2.48B · $2.07B $2.30B $2.25B $1.92B $1.77B
PP&E (Net) 9-point trend, -22.3% $1.94B $1.78B $1.67B $1.55B · $1.47B $2.45B $2.48B $2.50B $2.50B
PP&E (Gross) 9-point trend, -4.1% $4.18B $3.91B $3.75B $3.53B · $3.34B $4.54B $4.51B $4.47B $4.36B
Accum. Depreciation 9-point trend, +20.5% $2.24B $2.13B $2.08B $1.98B · $1.87B $2.09B $2.03B $1.98B $1.86B
Goodwill 9-point trend, -64.9% $225M $227M $227M $227M · $241M $526M $535M $531M $642M
Other Non-current Assets 9-point trend, -3.4% $254M $282M $354M $193M · $259M $356M $245M $243M $263M
Total Assets 10-point trend, -1.4% $5.10B $5.23B $4.99B $4.45B $4.29B $4.03B $5.63B $5.50B $5.19B $5.17B
Accounts Payable 9-point trend, +93.1% $568M $609M $525M $553M · $291M $521M $499M $420M $294M
Accrued Liabilities 8-point trend, -22.2% $240M $250M $257M · · $233M $238M $260M $282M $309M
Current Liabilities 9-point trend, +42.0% $1.01B $1.21B $977M $964M · $653M $849M $837M $713M $709M
Deferred Tax 3-point trend, -17.3% · · · · · · · $13M $10M $16M
Other Non-current Liabilities 9-point trend, +209.8% $258M $150M $165M $208M · $190M $161M $89M $73M $83M
Total Liabilities 9-point trend, -14.6% $3.18B $3.28B $3.50B $3.29B · $3.39B $3.44B $3.51B $3.34B $3.73B
Common Stock 9-point trend, +30.0% $14M $14M $13M $13M · $13M $13M $13M $13M $11M
Retained Earnings 10-point trend, -63.3% $469M $64M $-70M $-481M $-778M $106M $1.68B $1.43B $1.18B $1.28B
Treasury Stock 9-point trend, +1695.4% $503M $83M $184M $87M · $0 $18M $31M $26M $28M
AOCI 10-point trend, +94.5% $-60M $-90M $-83M $-67M $-141M $-1.22B $-1.20B $-1.13B $-1.03B $-1.09B
Stockholders' Equity 9-point trend, +33.2% $1.80B $1.85B $1.37B $1.05B · $521M $2.09B $1.89B $1.74B $1.36B
Liabilities + Equity 9-point trend, -1.4% $5.10B $5.23B $4.99B $4.45B · $4.03B $5.63B $5.50B $5.19B $5.17B
Shares Outstanding 9-point trend, +24.8% 135,934,852 141,387,049 126,879,099 128,273,042 · 126,817,768 126,085,348 125,684,396 125,857,197 108,925,254
Cash Flow 19
Annual Cash Flow data for ATI
Metric Trend 2025202420232022202120202019201820172016
D&A 10-point trend, -1.3% $168M $152M $146M $143M $144M $143M $151M $156M $161M $170M
Stock-based Comp 6-point trend, +900.0% $29M $34M $29M $26M $21M $3M · · · ·
Deferred Tax 10-point trend, +149.7% $60M $90M $-140M $-3M $17M $72M $-39M $700.0K $-11M $-120M
Amort. of Intangibles 10-point trend, -30.0% $7M $7M $7M $8M $8M $8M $10M $10M $10M $10M
Restructuring 4-point trend, +0.0% $49M $22M $31M · · · · · · $49M
Other Non-cash 8-point trend, -108.6% $-47M $-236M $-361M · · $1.52B $-140M $13M $-36M $547M
Operating Cash Flow 10-point trend, +1505.7% $614M $407M $86M $225M $16M $167M $230M $393M $22M $-44M
CapEx 10-point trend, +38.8% $281M $239M $201M $131M $153M $136M $168M $139M $123M $202M
Investing Cash Flow 10-point trend, -17.2% $-234M $-160M $-193M $-127M $-77M $-129M $82M $-145M $-120M $-200M
Debt Issued 10-point trend, -100.0% $0 $0 $425M $0 $676M $391M $350M $7M $8M $388M
Net Debt Issued 8-point trend, -100.0% $0 $0 $425M · · $391M $350M $7M $8M $388M
Stock Issued 4-point trend, +0.00 · · · · · · $0 $0 $398M $0
Stock Repurchased 6-point trend, +470000000.00 $470M $260M $85M $140M $0 $0 · · · ·
Net Stock Activity 6-point trend, -218.1% $-470M $-260M $-85M · · · $0 $0 $398M ·
Dividends Paid 4-point trend, -100.0% · · · · · · $0 $0 $0 $26M
Financing Cash Flow 10-point trend, -316.4% $-700M $-260M $267M $-202M $103M $117M $-203M $-7M $9M $324M
Net Change in Cash 10-point trend, -481.6% $-304M $-23M $160M $-104M $42M $155M $109M $240M $-88M $80M
Taxes Paid 10-point trend, +4136.8% $77M $15M $16M $18M $14M $5M $6M $8M $3M $-2M
Free Cash Flow 8-point trend, +235.7% $334M $168M $-115M · · $30M $62M $254M $-100M $-246M
Profitability 8
Annual Profitability data for ATI
Metric Trend 2025202420232022202120202019201820172016
Gross Margin 8-point trend, +323.7% 21.9% 20.6% 19.2% · · 9.8% 15.5% 15.6% 12.7% 5.2%
Operating Margin 8-point trend, +171.5% 14.0% 14.0% 11.2% · · -43.7% 8.9% 8.9% 2.3% -19.5%
Net Margin 8-point trend, +143.1% 8.8% 8.4% 9.8% · · -52.7% 6.2% 5.5% -2.6% -20.4%
Pretax Margin 8-point trend, +148.6% 11.4% 11.1% 7.1% · · -49.7% 5.9% 6.1% -2.5% -23.4%
EBITDA Margin 8-point trend, +225.1% 17.6% 17.4% 14.7% · · -38.9% 12.6% 12.8% 6.8% -14.1%
ROA 8-point trend, +166.7% 7.8% 7.2% 8.7% · · -32.5% 4.6% 4.2% -1.8% -11.7%
ROE 8-point trend, +159.3% 22.1% 22.8% 34.0% · · -120.4% 13.0% 12.3% -5.9% -37.3%
ROIC 8-point trend, +173.7% 28.5% 25.9% 48.7% · · -263.1% 19.6% 18.4% 4.2% -38.6%
Liquidity & Solvency 2
Annual Liquidity & Solvency data for ATI
Metric Trend 2025202420232022202120202019201820172016
Current Ratio 8-point trend, +6.8% 2.7 2.4 2.8 · · 3.2 2.7 2.7 2.7 2.5
Quick Ratio 8-point trend, +13.9% 1.1 1.2 1.4 · · 1.5 1.2 1.1 1.0 1.0
Efficiency 3
Annual Efficiency data for ATI
Metric Trend 2025202420232022202120202019201820172016
Asset Turnover 8-point trend, +54.7% 0.9 0.9 0.9 · · 0.6 0.7 0.8 0.7 0.6
Inventory Turnover 8-point trend, +0.9% 2.6 2.7 2.8 · · 2.5 2.9 2.9 2.8 2.6
Receivables Turnover 8-point trend, -10.6% 6.6 6.5 6.9 · · 6.6 7.6 7.5 7.1 7.4
Per Share 6
Annual Per Share data for ATI
Metric Trend 2025202420232022202120202019201820172016
Book Value / Share 8-point trend, +6.7% $13.27 $13.09 $10.82 · · $4.11 $16.58 $15.00 $13.82 $12.44
Revenue / Share 8-point trend, +10.7% $32.35 $29.76 $27.82 · · $23.57 $28.14 $27.74 $32.02 $29.21
Cash Flow / Share 8-point trend, +1163.6% $4.33 $2.78 $0.57 · · $1.32 $1.57 $2.69 $0.20 $-0.41
Cash / Share 8-point trend, +45.4% $3.07 $5.10 $5.86 · · $5.09 $3.89 $3.04 $1.13 $2.11
Dividend Paid / Share 3-point trend, -100.0% · · · · · · · $0 $0 $0
EPS (TTM) 8-point trend, +147.7% $2.85 $2.55 $2.81 · · $-12.43 $1.81 $1.61 $-0.83 $-5.97
Growth Rates 7
Annual Growth Rates data for ATI
Metric Trend 2025202420232022202120202019201820172016
Revenue YoY 5-point trend, +184.5% 5.2% 4.5% 8.8% 37.0% -6.1% · · · · ·
Revenue CAGR 3Y 3-point trend, -48.2% 6.1% 15.9% 11.9% · · · · · · ·
Revenue CAGR 5Y 9.0% · · · · · · · · ·
EPS YoY 3-point trend, -93.9% 11.8% -9.2% 192.7% · · · · · · ·
EPS CAGR 3Y 43.7% · · · · · · · · ·
Net Income YoY 3-point trend, -95.4% 9.9% -10.5% 213.8% · · · · · · ·
Net Income CAGR 3Y 45.6% · · · · · · · · ·
Valuation (TTM) 13
Annual Valuation (TTM) data for ATI
Metric Trend 2025202420232022202120202019201820172016
Revenue TTM 8-point trend, +46.3% $4.59B $4.36B $4.17B · · $2.98B $4.12B $4.05B $3.53B $3.13B
Net Income TTM 8-point trend, +163.1% $404M $368M $411M · · $-1.57B $252M $222M $-92M $-641M
Market Cap 8-point trend, +816.2% $15.90B $7.84B $5.77B · · $2.13B $2.60B $2.74B $3.04B $1.74B
P/E 8-point trend, +1637.9% 41.0 21.7 16.2 · · -1.3 11.4 13.5 -29.1 -2.7
P/S 8-point trend, +526.0% 3.5 1.8 1.4 · · 0.7 0.6 0.7 0.9 0.6
P/B 8-point trend, +588.1% 8.8 4.2 4.2 · · 4.1 1.2 1.5 1.7 1.3
P / Tangible Book 4-point trend, +32.7% 10.1 4.8 5.0 · · 7.6 · · · ·
P / Cash Flow 8-point trend, +165.2% 25.9 19.3 67.2 · · 12.7 11.3 7.0 135.6 -39.7
P / FCF 8-point trend, +775.1% 47.6 46.6 -50.3 · · 70.0 42.1 10.8 -30.3 -7.1
Dividend Yield 4-point trend, -100.0% · · · · · · 0.00% 0.00% 0.00% 1.5%
Earnings Yield 8-point trend, +106.5% 2.4% 4.6% 6.2% · · -74.1% 8.8% 7.4% -3.4% -37.5%
Payout Ratio 4-point trend, +100.0% · · · · · · 0.00% 0.00% 0.00% -4.0%
Annual Payout 4-point trend, -100.0% · · · · · · $0 $0 $0 $26M

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-282024-12-292023-12-312023-01-012022-12-31
Revenue $4.59B$4.36B$4.17B$3.84B$3.84B
Gross Margin % 21.9%20.6%19.2%18.6%
Operating Margin % 14.0%14.0%11.2%7.5%
Net Income $404M$368M$411M$324M$131M
Diluted EPS $2.85$2.55$2.81$2.23$0.96
Balance Sheet
2025-12-282024-12-292023-12-312023-01-012022-12-31
Current Ratio 2.72.42.82.6
Quick Ratio 1.11.21.41.2
Cash Flow
2025-12-282024-12-292023-12-312023-01-012022-12-31
Free Cash Flow $334M$168M$-115M$94M

Latest News Recent headlines mentioning this company

My Metrics Your personal watchlist — selected rows from Full Fundamentals

📊

Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

Institutional owners (13F) 848 filers · $16.4B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
176 (-3 vs prior Q) 49 (0 vs prior Q) 289 (+57 vs prior Q) 233 (+32 vs prior Q) +9.7M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD PORTFOLIO MANAGEMENT LLC $1,225,937,363 6,219,875 7.45% Shares
VANGUARD CAPITAL MANAGEMENT LLC $1,214,612,588 6,162,418 7.38% Shares
Capital World Investors $1,034,626,978 5,249,249 6.29% Shares
STATE STREET CORP $1,032,271,633 5,237,299 6.28% Shares
Capital Research Global Investors $1,003,985,098 5,093,768 6.10% Shares
FMR LLC $866,720,839 4,397,366 5.27% Shares
Capital International Investors $733,172,380 3,719,485 4.46% Shares
GEODE CAPITAL MANAGEMENT, LLC $445,002,295 2,257,101 2.71% Shares
Qube Research & Technologies Ltd $422,587,919 2,144,028 2.57% Shares
NORGES BANK $342,931,136 1,739,884 2.08% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $292,335,566 1,483,184 1.78% Shares
Point72 Asset Management, L.P. $244,472,591 1,240,348 1.49% Shares
VIKING GLOBAL INVESTORS LP $227,429,748 1,153,880 1.38% Shares
DIMENSIONAL FUND ADVISORS LP $201,819,560 1,023,946 1.23% Shares
DENDUR CAPITAL LP $198,873,900 1,009,000 1.21% Shares
BNP PARIBAS FINANCIAL MARKETS $181,904,181 922,903 1.11% Shares
VANGUARD FIDUCIARY TRUST CO $173,702,850 881,293 1.06% Shares
MILLENNIUM MANAGEMENT LLC $172,513,746 875,260 1.05% Shares
Fisher Asset Management, LLC $171,944,620 872,372 1.05% Shares
Artemis Investment Management LLP $165,858,270 841,493 1.01% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $165,521,821 839,786 1.01% Shares
AMERIPRISE FINANCIAL INC $163,740,579 830,753 1.00% Shares
POLEN CAPITAL MANAGEMENT LLC $161,471,378 819,236 0.98% Shares
BOWEN HANES & CO INC $151,730,053 1,043,105 0.92% Shares
AMERICAN CENTURY COMPANIES INC $150,940,911 765,808 0.92% Shares
Assenagon Asset Management S.A. $129,517,761 657,117 0.79% Shares
TWO SIGMA INVESTMENTS, LP $125,487,854 636,671 0.76% Shares
Freestone Grove Partners LP $115,716,030 587,093 0.70% Shares
Balyasny Asset Management L.P. $101,305,064 513,978 0.62% Shares
Holocene Advisors, LP $98,076,960 497,600 0.60% Shares
1832 Asset Management L.P. $90,564,099 459,483 0.55% Shares
NEUBERGER BERMAN GROUP LLC $88,083,661 446,898 0.54% Shares
Square Wave Capital, LLC $87,670,080 444,800 0.53% Shares
DSM CAPITAL PARTNERS LLC $86,930,561 441,048 0.53% Shares
LOOMIS SAYLES & CO L P $86,358,971 438,148 0.53% Shares
CITADEL ADVISORS LLC $85,156,858 432,049 0.52% Shares
FRONTIER CAPITAL MANAGEMENT CO LLC $82,775,691 419,968 0.50% Shares
BANK OF NOVA SCOTIA $82,247,859 417,290 0.50% Shares
ENVESTNET ASSET MANAGEMENT INC $77,146,675 391,409 0.47% Shares
Amundi $76,596,214 388,616 0.47% Shares
ALLIANCEBERNSTEIN L.P. $75,984,086 522,371 0.46% Shares
RHUMBLINE ADVISERS $74,225,622 376,589 0.45% Shares
GOLDMAN SACHS GROUP INC $71,734,151 363,948 0.44% Shares
GAMCO INVESTORS, INC. ET AL $70,561,800 358,000 0.43% Shares
ING GROEP NV $65,102,130 330,300 0.40% Shares
CANADA PENSION PLAN INVESTMENT BOARD $63,372,775 321,526 0.39% Shares
PRINCIPAL FINANCIAL GROUP INC $60,780,122 308,372 0.37% Shares
Retirement Systems of Alabama $56,542,865 286,874 0.34% Shares
Clearbridge Investments, LLC $55,264,081 280,386 0.34% Shares
Swiss National Bank $54,478,440 276,400 0.33% Shares
Gotham Asset Management, LLC $53,132,641 269,572 0.32% Shares
California Public Employees Retirement System $51,029,190 258,900 0.31% Shares
Jain Global LLC $49,275,000 250,000 0.30% Put option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $48,979,350 248,500 0.30% Call option
SEGALL BRYANT & HAMILL, LLC $47,824,147 242,639 0.29% Shares
JANE STREET GROUP, LLC $47,537,564 241,185 0.29% Shares
BlackRock, Inc. $47,114,784 239,040 0.29% Shares
BARROW HANLEY MEWHINNEY & STRAUSS LLC $45,990,723 233,337 0.28% Shares
BLAIR WILLIAM & CO/IL $45,716,557 231,946 0.28% Shares
BANK OF AMERICA CORP /DE/ $41,757,409 211,859 0.25% Shares
Capital International, Inc./CA/ $41,518,721 210,648 0.25% Shares
D. E. Shaw & Co., Inc. $41,266,827 209,370 0.25% Shares
KLCM Advisors, Inc. $40,893,323 207,475 0.25% Shares
LPL Financial LLC $40,559,533 205,781 0.25% Shares
SCHRODER INVESTMENT MANAGEMENT GROUP $40,551,112 205,104 0.25% Shares
Driehaus Capital Management LLC $40,429,940 205,124 0.25% Shares
HAWK RIDGE CAPITAL MANAGEMENT LP $40,346,370 204,700 0.25% Shares
JANE STREET GROUP, LLC $38,533,050 195,500 0.23% Call option
PANAGORA ASSET MANAGEMENT INC $37,157,686 188,522 0.23% Shares
Rokos Capital Management LLP $35,655,956 180,935 0.22% Shares
Yaupon Capital Management LP $35,518,208 180,204 0.22% Shares
PRUDENTIAL FINANCIAL INC $35,479,183 180,006 0.22% Shares
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND $35,257,248 178,880 0.21% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $35,136,623 178,268 0.21% Shares
Schonfeld Strategic Advisors LLC $35,034,720 177,751 0.21% Shares
STATE OF WISCONSIN INVESTMENT BOARD $34,411,492 174,589 0.21% Shares
Voleon Capital Management LP $30,414,698 154,311 0.18% Shares
Jain Global LLC $29,565,000 150,000 0.18% Call option
TUDOR INVESTMENT CORP ET AL $29,296,550 148,638 0.18% Shares
FIRST TRUST ADVISORS LP $29,213,176 148,215 0.18% Shares
MARSHALL WACE, LLP $28,813,458 146,187 0.18% Shares
BARCLAYS PLC $24,431,728 123,956 0.15% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $23,238,090 117,900 0.14% Put option
Sanctuary Advisors, LLC $23,145,776 117,432 0.14% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $22,947,915 157,761 0.14% Shares
VANGUARD ASSET MANAGEMENT, Ltd $22,730,360 115,324 0.14% Shares
Epoch Investment Partners, Inc. $22,683,648 115,087 0.14% Shares
Bridgewater Associates, LP $22,654,674 114,940 0.14% Shares
CITADEL ADVISORS LLC $22,489,110 114,100 0.14% Call option
ALGERT GLOBAL LLC $22,228,938 112,780 0.14% Shares
Aventail Capital Group, LP $21,856,813 110,892 0.13% Shares
RAYMOND JAMES FINANCIAL INC $20,995,092 106,520 0.13% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $20,838,003 105,723 0.13% Shares
CIBC WORLD MARKETS CORP $20,363,473 177,444 0.12% Shares
FACT Capital, LP $19,647,716 99,684 0.12% Shares
CITIGROUP INC $19,631,160 99,600 0.12% Shares
WORLDQUANT MILLENNIUM ADVISORS LLC $19,097,216 96,891 0.12% Shares
Oribel Capital Management, LP $19,020,150 96,500 0.12% Shares
Oribel Capital Management, LP $19,020,150 96,500 0.12% Put option
Brevan Howard Capital Management LP $18,971,466 96,253 0.12% Shares

Company insiders 51 insiders · 25 officers · 25 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Kimberly A Fields Chair, President and CEO July 28, 2026 S 125,564 0 25 $-33,680,556
HASSEY L PATRICK Chairman and CEO Feb. 24, 2011 A 657,705 0 0 $0
James Robert Foster SVP, Finance and CFO July 1, 2026 M 57,824 0 0 $0
Donald P Newman EVP and CFO Jan. 6, 2025 F 249,111 0 0 $0
Patrick J Decourcy Senior VP, Finance and CFO Feb. 28, 2019 F 107,576 0 0 $0
Dale G Reid Exec VP, Finance and CFO Feb. 28, 2013 A 97,906 0 0 $0
Vaishali S. Bhatia SVP, General Counsel and CCO March 20, 2026 F 58,420 0 0 $0
Michael Benjamin Miller VP Chief Accounting Officer March 2, 2026 F 7,639 0 0 $0
Robert S Wetherbee Executive Chairman Feb. 10, 2026 S 269,623 0 10 $-21,213,951
Timothy J Harris Senior VP and CDIO Jan. 5, 2026 M 163,187 0 4 $-4,105,354
Tina Killough Busch SVP, CHRO Nov. 21, 2025 S 21,274 0 1 $-242,289
Jimmy Williams Jr. SVP, CTO Jan. 3, 2025 F 11,620 0 0 $0
Netta Washington EVP, HPMC May 1, 2024 A 11,894 0 0 $0
Elliot S Davis Chief Legal & Compl. Officer Feb. 29, 2024 S 123,927 0 0 $0
Karl D Schwartz VP, Controller & CAO Sept. 12, 2022 S 62,833 0 0 $0
Kevin B Kramer Sr. VP, CCMO April 14, 2022 S 160,338 0 0 $0
Elizabeth C Powers Senior VP, CHRO Feb. 28, 2022 F 167,578 0 0 $0
John D Sims EVP, HPMC Segment Feb. 27, 2020 F 183,909 0 0 $0
Richard J Harshman Executive Chairman Feb. 28, 2019 S 515,861 0 0 $0
Hunter R Dalton EVP, Strat Growth Initiatives Jan. 28, 2016 D 160,884 0 0 $0
Terry L Dunlap EVP, Flat-Rolled Products Oct. 24, 2014 S 96,190 0 0 $0
David M Hogan EVP, Engineered Products Seg. Feb. 22, 2012 A 54,612 0 0 $0
Jon D Walton EVP, HR, CLCO and Corp Sec Feb. 24, 2011 A 183,732 0 0 $0
Lynn D Davis Grp Pres, ATI Primary Ti Op Jan. 31, 2011 A 66,409 0 0 $0
Jack W Shilling EVP, Corp Development and CTO Feb. 21, 2007 A 18,807 0 0 $0
David J Morehouse Director March 9, 2026 S 38,168 0 2 $-1,019,464
Jean Lydon-Rodgers Director Nov. 19, 2025 A 631 0 0 $0
Elizabeth Hefley Lund Director Nov. 19, 2025 A 631 0 0 $0
Ruby Sharma Director May 20, 2025 A 6,380 0 0 $0
Marianne Kah Director May 20, 2025 A 34,170 0 0 $0
Herbert J Carlisle Director May 20, 2025 A 36,651 0 0 $0
Carolyn Corvi Director May 20, 2025 A 70,241 0 0 $0
Brett J Harvey Director May 20, 2025 A 98,866 0 0 $0
James C Diggs Director Sept. 8, 2023 S 46,591 0 0 $0
John R Pipski Director May 15, 2020 F 53,420 0 0 $0
CREEL DIANE C Director May 15, 2020 F 0 0 $0
James E Rohr Director May 12, 2020 A 66,968 0 0 $0
Barabara S Jeremiah Director Jan. 24, 2019 S 33,833 0 0 $0
John D Turner Director Dec. 5, 2018 G 43,419 0 0 $0
Louis J Thomas Director May 10, 2016 A 26,239 0 0 $0
Michael Joyce Director May 2, 2013 A 18,114 0 0 $0
Kent H Bowen Director May 9, 2008 A 4,650 0 0 $0
Craig W Mcclelland Director May 2, 2007 A 6,464 0 0 $0
Robert P Bozzone Director May 2, 2007 A 1,585,031 0 0 $0
Jr Charles J Queenan Director Jan. 3, 2005 A 358,401 0 0 $0
Frank V Cahouet Director July 1, 2004 A 0 0 $0
David P Hess May 19, 2026 A 34,945 0 0 $0
Leroy M Ball May 19, 2026 A 34,737 0 0 $0
Gary J Vroman Feb. 28, 2013 A 27,241 0 0 $0
Douglas A Kittenbrink Jan. 26, 2009 F 36,412 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 2 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Richard P. Simmons ×4 filings Jan. 31, 2006 Initial filing SEC
Richard P. Simmons --------------------------------- S.S. OR Feb. 6, 2002 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 117 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PYZ · Invesco Exchange-Traded Fund Trust 7.71% 26,404 SH Aug. 8, 2026 Daily
RSHO · Tema ETF Trust 5.15% 80,642 NS May 31, 2026 N-PORT
XMMO · Invesco Exchange-Traded Fund Trust 3.97% 1,315,532 SH Aug. 8, 2026 Daily
NRSH · Tidal Trust I 2.98% 5,272 NS April 30, 2026 N-PORT
PDP · Invesco Exchange-Traded Fund Trust 2.58% 170,546 SH Aug. 8, 2026 Daily
ITA · iShares Trust 2.08% 1,395,460 SH Aug. 8, 2026 Daily
RFG · Invesco Exchange-Traded Fund Trust 1.98% 31,141 SH Aug. 8, 2026 Daily
PPA · Invesco Exchange-Traded Fund Trust 1.80% 689,318 SH Aug. 8, 2026 Daily
IJK · iShares Trust 1.63% 798,143 SH Aug. 8, 2026 Daily
IVOG · VANGUARD ADMIRAL FUNDS 1.41% 134,657 SH Aug. 8, 2026 Daily
PAMC · Pacer Funds Trust 1.40% 5,693 NS April 30, 2026 N-PORT
FFSM · FIDELITY COVINGTON TRUST 1.31% 108,711 NS April 30, 2026 N-PORT
DRIV · Global X Funds 1.30% 35,333 NS May 31, 2026 N-PORT
PAVE · Global X Funds 1.29% 996,615 NS May 31, 2026 N-PORT
DFEN · Direxion Shares ETF Trust 1.26% 29,602 NS April 30, 2026 N-PORT
IFRA · iShares Trust 1.10% 225,769 SH Aug. 8, 2026 Daily
NUSC · Nushares ETF Trust 1.07% 88,785 NS April 30, 2026 N-PORT
CGMM · Capital Group Equity ETF Trust I 0.98% 156,492 NS May 31, 2026 N-PORT
XJH · iShares Trust 0.96% 18,444 SH Aug. 8, 2026 Daily
FWD · AB Active ETFs, Inc. 0.92% 151,971 NS May 31, 2026 N-PORT
QVMM · Invesco Exchange-Traded Fund Trust … 0.89% 17,259 SH Aug. 8, 2026 Daily
IWP · iShares Trust 0.86% 782,263 SH Aug. 8, 2026 Daily
LSEQ · Harbor ETF Trust 0.86% 846 NS April 30, 2026 N-PORT
FTC · First Trust Exchange-Traded AlphaDE… 0.85% 69,393 NS April 30, 2026 N-PORT
CGGO · Capital Group Global Growth Equity … 0.84% 541,413 NS May 31, 2026 N-PORT
AFMC · First Trust Exchange-Traded Fund VI… 0.84% 7,759 NS May 31, 2026 N-PORT
IJH · iShares Trust 0.84% 4,708,687 SH Aug. 8, 2026 Daily
VBK · VANGUARD INDEX FUNDS 0.74% 1,807,995 SH Aug. 8, 2026 Daily
IVOO · VANGUARD ADMIRAL FUNDS 0.74% 220,423 SH Aug. 8, 2026 Daily
AVMV · AMERICAN CENTURY ETF TRUST 0.72% 25,763 NS May 31, 2026 N-PORT
PTMC · Pacer Funds Trust 0.62% 15,650 NS April 30, 2026 N-PORT
BKMC · BNY Mellon ETF Trust 0.54% 21,691 NS April 30, 2026 N-PORT
SMDX · Tidal Trust III 0.53% 4,274 NS April 30, 2026 N-PORT
HGRO · ETF Opportunities Trust 0.53% 3,305 NS April 30, 2026 N-PORT
TEXN · iShares Trust 0.52% 391 SH Aug. 8, 2026 Daily
MVV · ProShares Trust 0.51% 4,693 NS May 31, 2026 N-PORT
AVIE · AMERICAN CENTURY ETF TRUST 0.51% 301 NS May 31, 2026 N-PORT
SCHA · SCHWAB STRATEGIC TRUST 0.50% 653,092 NS May 31, 2026 N-PORT
PRFZ · Invesco Exchange-Traded Fund Trust 0.49% 61,780 SH Aug. 8, 2026 Daily
ESML · iShares Trust 0.48% 61,875 SH Aug. 8, 2026 Daily
GQQQ · EA Series Trust 0.46% 3,828 NS May 29, 2026 N-PORT
SMLF · iShares Trust 0.46% 87,025 SH Aug. 8, 2026 Daily
SCHM · SCHWAB STRATEGIC TRUST 0.44% 367,384 NS May 31, 2026 N-PORT
FEX · First Trust Exchange-Traded AlphaDE… 0.44% 42,228 NS April 30, 2026 N-PORT
FAD · First Trust Exchange-Traded AlphaDE… 0.43% 13,134 NS April 30, 2026 N-PORT
MIDU · Direxion Shares ETF Trust 0.42% 2,250 NS April 30, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.42% 54,452 NS April 30, 2026 N-PORT
SMMD · iShares Trust 0.40% 67,687 SH Aug. 8, 2026 Daily
IMCG · iShares Trust 0.40% 72,998 SH Aug. 8, 2026 Daily
VIS · VANGUARD WORLD FUND 0.36% 165,689 SH Aug. 8, 2026 Daily