ATI Inc (ATI) stock
ATINYSESteel Pipe & TubesFiscal year ends December 28
Financials through Q3 FY2026, quarter ended Sep 27, 2026Last filing: 10-Q on Oct 29, 2026Score 11/30125% above fair value
$190.16+2.63 (+1.40%)
Close on Nov 12, 2026Market cap $25.83BP/E 47.5Yield –
ATI operating margin
Operating margin is operating income as a percentage of revenue.
ATI's operating margin for the twelve months ending Sep 27, 2026 was 16.5%. For fiscal 2025 it was 14.0%, against 14.0% the year before. The highest annual figure on record is 21.1% in fiscal 2007.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 28, 2025 | 14.0% | +0.0 |
| FY2024 | Dec 29, 2024 | 14.0% | +2.8 |
| FY2023 | Dec 31, 2023 | 11.2% | +2.9 |
| FY2022 | Dec 31, 2022 | 8.2% | +4.0 |
| FY2021 | Dec 31, 2021 | 4.2% | +47.9 |
| FY2020 | Dec 31, 2020 | -43.7% | −52.6 |
| FY2019 | Dec 31, 2019 | 8.9% | −0.1 |
| FY2018 | Dec 31, 2018 | 8.9% | +5.1 |
| FY2017 | Dec 31, 2017 | 3.8% | +21.1 |
| FY2016 | Dec 31, 2016 | -17.3% | −7.4 |
| FY2015 | Dec 31, 2015 | -9.9% | −12.4 |
| FY2014 | Dec 31, 2014 | 2.5% | +4.8 |
| FY2013 | Dec 31, 2013 | -2.3% | −8.8 |
| FY2012 | Dec 31, 2012 | 6.5% | −2.1 |
| FY2011 | Dec 31, 2011 | 8.6% | +4.0 |
| FY2010 | Dec 31, 2010 | 4.6% | +1.5 |
| FY2009 | Dec 31, 2009 | 3.0% | −13.3 |
| FY2008 | Dec 31, 2008 | 16.4% | −4.8 |
| FY2007 | Dec 31, 2007 | 21.1% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 27, 2026 | 19.1% | +4.7 |
| Q2 FY2026 | Jun 28, 2026 | 17.4% | +3.3 |
| Q1 FY2026 | Mar 29, 2026 | 14.2% | +1.4 |
| Q4 FY2025 | Dec 28, 2025 | 14.5% | −3.3 |
| Q3 FY2025 | Sep 28, 2025 | 14.4% | +0.9 |
| Q2 FY2025 | Jun 29, 2025 | 14.1% | +1.1 |
| Q1 FY2025 | Mar 30, 2025 | 12.8% | +1.8 |
| Q4 FY2024 | Dec 29, 2024 | 17.8% | +7.6 |
| Q3 FY2024 | Sep 29, 2024 | 13.5% | +1.3 |
| Q2 FY2024 | Jun 30, 2024 | 13.0% | +1.5 |
| Q1 FY2024 | Mar 31, 2024 | 11.0% | +0.2 |
| Q4 FY2023 | Dec 31, 2023 | 10.2% | −0.6 |
| Q3 FY2023 | Sep 30, 2023 | 12.2% | +1.2 |
| Q2 FY2023 | Jun 30, 2023 | 11.5% | +9.7 |
| Q1 FY2023 | Mar 31, 2023 | 10.8% | +1.6 |
| Q4 FY2022 | Dec 31, 2022 | 10.8% | +2.0 |
| Q3 FY2022 | Sep 30, 2022 | 11.0% | +6.8 |
| Q2 FY2022 | Jun 30, 2022 | 1.8% | +3.6 |
| Q1 FY2022 | Mar 31, 2022 | 9.2% | +4.6 |
| Q4 FY2021 | Dec 31, 2021 | 8.8% | +174.1 |
| Q3 FY2021 | Sep 30, 2021 | 4.1% | +5.7 |
| Q2 FY2021 | Jun 30, 2021 | -1.8% | +33.7 |
| Q1 FY2021 | Mar 31, 2021 | 4.6% | −2.6 |
| Q4 FY2020 | Dec 31, 2020 | -165.3% | −175.0 |
| Q3 FY2020 | Sep 30, 2020 | -1.6% | −10.9 |
| Q2 FY2020 | Jun 30, 2020 | -35.5% | −45.7 |
| Q1 FY2020 | Mar 31, 2020 | 7.2% | +0.9 |
| Q4 FY2019 | Dec 31, 2019 | 9.7% | +2.5 |
| Q3 FY2019 | Sep 30, 2019 | 9.3% | −0.0 |
| Q2 FY2019 | Jun 30, 2019 | 10.2% | −0.8 |
| Q1 FY2019 | Mar 31, 2019 | 6.3% | −2.0 |
| Q4 FY2018 | Dec 31, 2018 | 7.2% | −1.8 |
| Q3 FY2018 | Sep 30, 2018 | 9.3% | +17.8 |
| Q2 FY2018 | Jun 30, 2018 | 11.0% | +4.3 |
| Q1 FY2018 | Mar 31, 2018 | 8.3% | +0.6 |
| Q4 FY2017 | Dec 31, 2017 | 9.0% | −0.3 |
| Q3 FY2017 | Sep 30, 2017 | -8.5% | – |
| Q2 FY2017 | Jun 30, 2017 | 6.7% | – |
| Q1 FY2017 | Mar 31, 2017 | 7.7% | – |
| Q4 FY2016 | Dec 31, 2016 | 9.3% | – |
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