ATINYSESteel Pipe & TubesFiscal year ends December 28

ATI INC

Financials through Q2 FY2026, quarter ended Jun 28, 2026Last filing: 10-Q on Aug 6, 2026

$189.28+3.69 (+1.99%)

Close on Oct 19, 2026

Margins

Share of revenue, fiscal years 2011 to 2025

22.0%+12.1 pts over 5 years

14.0%+57.7 pts over 5 years

8.8%+61.5 pts over 5 years

Compound annual growth to fiscal 2025

Per year	1 year	3 years	5 years	10 years
Revenue	+5.2%	+6.1%	+9.0%	+2.1%
Gross profit	+12.1%	+12.1%	+28.0%	+32.5%
Operating income	+5.3%	+26.6%	–	–
Net income	+9.9%	+7.7%	–	–
EPS, diluted	+11.8%	+8.5%	–	–
Free cash flow	+98.5%	+52.5%	+61.5%	–

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on equity	-37.3%	-120.5%	22.1%
Return on assets	-11.7%	-32.5%	7.8%
Current ratio	2.49	3.16	2.66
Debt to equity	1.39	3.01	0.97
Net debt to EBITDA	-4.43×	-0.80×	1.65×
Interest coverage	-4.3×	-13.6×	5.8×
Inventory turnover	2.5×	2.5×	2.6×
Capex to revenue	6.5%	4.6%	6.1%
Diluted shares	107M	127M	142M

Return on equity split into margin, efficiency and leverage

Net margin8.8%

Asset turnover0.89×

Equity multiplier2.83×

Return on equity, FY202522.1%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2025	8.8%	0.89×	2.83×	22.1%
FY2024	8.4%	0.85×	3.17×	22.8%
FY2023	9.8%	0.89×	3.90×	34.0%
FY2022	8.4%	0.88×	5.04×	37.4%
FY2021	6.6%	0.67×	6.89×	30.6%
FY2020	-52.7%	0.62×	3.70×	-120.5%
FY2019	6.1%	0.74×	2.80×	12.7%
FY2018	5.5%	0.76×	2.95×	12.3%
FY2017	-2.6%	0.68×	3.35×	-5.9%
FY2016	-20.4%	0.57×	3.18×	-37.3%