NATLNYSECalculating & Accounting Machines (No Electronic Computers)Fiscal year ends December 31
NCR Atleos Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$45.81−0.13 (-0.28%)
Close on Oct 19, 2026
- Market cap
- $3.47B
- P/E (TTM)
- 17.8
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2020 to 2025
Operating margin
11.0%
Net margin
3.7%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.1% | +1.8% | – | – | |
| Operating income | +9.4% | +22.8% | – | – | |
| Net income | +102.5% | +17.8% | – | – | |
| EPS, diluted | +98.1% | +15.2% | – | – | |
| Free cash flow | -7.0% | +3.4% | – | – |
Returns and balance sheet
6 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | 52.1% | |
| Return on assets | – | – | 2.9% | |
| Current ratio | – | – | 0.96 | |
| Debt to equity | – | – | 6.84 | |
| Net debt to EBITDA | – | – | 3.05× | |
| Interest coverage | – | – | 1.8× | |
| Capex to revenue | – | – | 2.7% | |
| Diluted shares | – | – | 76M |
Where the cash went
Fiscal 2021 to 2025, five years combined
NCR Atleos generated $1.78B from operations and spent $478.00M on capital expenditure, dividends and share buybacks. 94% of that went back into the business.
Generated
$1.78B
Used
$478.00M
Capital expenditure$450.00M94%Dividends$00%Share buybacks$28.00M6%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.7%
×Asset turnover0.78×
×Equity multiplier18.01×
=Return on equity, FY202552.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 3.7% | 0.78× | 18.01× | 52.1% |
| FY2024 | 1.9% | 0.77× | 25.66× | 36.5% |
| FY2023 | -3.6% | 0.73× | 3.30× | -8.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$162.00M
- Cash generatingOperating cash flow above zero$356.00M
- Return on assets improvedROA up on the prior year1.4% → 2.9%
- Earnings backed by cashOperating cash flow above net income$356.00M vs $162.00M
- Less leverageLong-term debt to assets fell51.7% → 47.1%
- Better liquidityCurrent ratio rose1.02 → 0.96
- No dilutionShare count did not rise74M → 76M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.75 → 0.79