ATI - NYSE

ATI Inc.

ATI·NYSE

$179.94

+0.82%

IndustrialsManufacturing - Metal Fabrication

ATI Inc. manufactures and sells specialty materials and components worldwide. The company operates in two segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces various materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, advanced powder alloys and other specialty materials, in long product forms, such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, as well as precision forgings, components, and machined parts. The segment serves aerospace and defense, medical, and energy markets. The AA&S segment produces zirconium and related alloys, including hafnium and niobium, nickel-based alloys, titanium and titanium-based alloys, and specialty alloys in a variety of forms, such as plate, sheet, and precision rolled strip products. It also provides hot-rolling conversion services, including carbon steel products, and titanium products. This segment offers its solutions to the energy, aerospace and defense, automotive, and electronics markets. The company was formerly known as Allegheny Technologies Incorporated. ATI Inc. was founded in 1960 and is headquartered in Dallas, Texas.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$24.56B

EPS2.9200

P/E Ratio61.62

Earnings Date07/30/2026

5.10B

Assets

-3%

3Y+15.0%

5Y+26.0%

10Y-1.0%

3.18B

Total Liabilities

-3%

3Y-3.0%

5Y-6.0%

10Y-15.0%

1.92B

Total Equity

-2%

3Y+66.0%

5Y+199.0%

10Y+33.0%

ATI Inc. Funding & Solvency Profile

ATI · NYSE

Current Assets

Cash & Cash Equivalents416.70M

Net Receivables758.90M

Inventory1.40B

Other Current Assets101.20M

Total Current Assets3 B

Non-Current Assets

Property, Plant & Equipment1.94B

Goodwill & Intangible Assets261.10M

Long-Term Investments100.00K

Other Non-Current Assets217.80M

Total Non-Current Assets2 B

Total Assets

5.10B

Financial Health Analysis

Current Ratio

2.66x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

1.66x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

2 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

53% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

ATI Inc. Balance Sheet

ATI • NYSE

ATI Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	416.7M	721.2M	743.9M	584M	687.7M	645.9M	490.8M	382M	141.6M	229.6M	149.8M	269.5M	1B	304.6M	380.6M	432.3M	708.8M	469.9M	623.3M	502.3M
Cash & Short-Term Investments	416.7M	721.2M	743.9M	584M	687.7M	645.9M	490.8M	382M	141.6M	229.6M	149.8M	269.5M	1B	304.6M	380.6M	432.3M	708.8M	469.9M	623.3M	502.3M
Net Receivables	758.9M	784.8M	684.1M	643.3M	523.9M	384.7M	592.6M	579M	545.3M	452.1M	400.3M	603.6M	528.2M	613.3M	709.1M	545.4M	392M	530.5M	652.2M	610.9M
Accounts Receivables	758.9M	709.2M	625M	579.2M	470M	345.8M	554.1M	527.8M	545.3M	452.1M	400.3M	603.6M	528.2M	613.3M	709.1M	545.4M	392M	530.5M	652.2M	610.9M
Other Receivables	0.0	75.6M	59.1M	64.1M	53.9M	38.9M	38.5M	51.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	1.4B	1.4B	1.2B	1.2B	1B	997.1M	1.2B	1.2B	1.2B	1B	1.3B	1.5B	1.3B	1.5B	1.4B	1B	825.5M	887.6M	916.1M	798.7M
Prepaids	0.0	0.0	0.0	0.0	48.8M	38.3M	64.3M	74.6M	42M	42.4M	45.9M	105.1M	73.7M	56.1M	95.5M	112.9M	71.3M	41.4M	38.3M	49.4M
Other Current Assets	101.2M	86M	62.2M	53.4M	0.0	0.0	0.0	0.0	52.7M	47.8M	0.0	136.2M	0.0	56.1M	0.0	0.0	0.0	41.4M	18.8M	76M
Total Current Assets	2.7B	2.9B	2.7B	2.5B	2.3B	2.1B	2.3B	2.2B	1.9B	1.8B	1.9B	2.5B	3B	2.5B	2.6B	2.1B	2B	1.9B	2.2B	2B
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	1.9B	1.8B	1.7B	1.5B	1.5B	1.5B	2.5B	2.5B	2.5B	2.5B	2.9B	3B	2.9B	2.6B	2.4B	2B	1.9B	1.6B	1.2B	867.6M
Goodwill	225.2M	227.2M	227.2M	227.2M	227.9M	240.7M	525.8M	534.7M	531.4M	641.9M	651.4M	780.4M	727.9M	740.1M	737.7M	206.8M	207.8M	190.9M	209.8M	206.5M
Intangible Assets	35.9M	43.7M	0.0	0.0	65.9M	87.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	182.4M	169.6M	134.9M	125.2M	0.0
Goodwill & Intangible Assets	261.1M	270.9M	227.2M	227.2M	293.8M	328.6M	525.8M	534.7M	531.4M	641.9M	651.4M	780.4M	0.0	0.0	737.7M	389.2M	377.4M	325.8M	335M	206.5M
Long-Term Investments	100K	900K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	71.5M	0.0	0.0	63.1M	281.6M	42.1M	119M
Other Non-Current Assets	217.8M	236.9M	354.3M	192.9M	156.2M	171.1M	355.7M	245.4M	242.6M	262.7M	304.5M	347.4M	1.1B	1.1B	370.9M	0.0	0.0	0.0	230.3M	95.4M
Total Non-Current Assets	2.4B	2.3B	2.2B	2B	2B	2B	3.3B	3.3B	3.3B	3.4B	3.9B	4.1B	3.9B	3.7B	3.5B	2.4B	2.3B	2.2B	1.8B	1.3B
Total Assets	5.1B	5.2B	5B	4.4B	4.3B	4B	5.6B	5.5B	5.2B	5.2B	5.8B	6.6B	6.9B	6.2B	6B	4.5B	4.3B	4.2B	4.1B	3.3B
LIABILITIES
CURRENT LIABILITIES
Total Payables	568.2M	609.1M	524.8M	553.3M	375.5M	290.6M	521.2M	498.8M	420.1M	294.3M	380.8M	618.9M	475.3M	523.9M	490.7M	394.1M	308.6M	356.7M	388.4M	355.1M
Accounts Payable	568.2M	609.1M	524.8M	553.3M	375.5M	290.6M	521.2M	498.8M	420.1M	294.3M	380.8M	556.7M	471.8M	499.9M	490.7M	394.1M	308.6M	278.5M	388.4M	355.1M
Other Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	62.2M	3.5M	24M	0.0	0.0	0.0	78.2M	0.0	0.0
Accrued Expenses	122.8M	0.0	0.0	0.0	0.0	0.0	0.0	260.1M	282.4M	309.3M	301.8M	323.2M	315.8M	330.5M	320.3M	249.9M	258.8M	322M	294.7M	264.3M
Short Term Debt	53.4M	180.4M	31.9M	41.7M	131.3M	17.8M	11.5M	6.6M	10.1M	105.1M	3.9M	17.8M	419.9M	17.1M	27.3M	141.4M	33.5M	15.2M	20.9M	23.7M
Deferred Revenue	146.4M	169.4M	163.6M	149.1M	116.2M	111.8M	78.7M	71.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	115.5M	249.6M	256.8M	219.8M	233.4M	233.1M	237.8M	0.0	0.0	0.0	0.0	0.0	3.5M	24M	23.5M	5.6M	23.7M	78.2M	0.0	0.0
Total Current Liabilities	1B	1.2B	977.1M	963.9M	856.4M	653.3M	849.2M	836.9M	712.6M	708.7M	686.5M	897.7M	1.2B	871.5M	861.8M	791M	624.6M	693.9M	704M	643.1M
NON-CURRENT LIABILITIES
Long Term Debt	1.8B	1.7B	2.1B	1.7B	1.7B	1.6B	1.4B	1.5B	1.5B	1.8B	1.5B	1.5B	1.5B	1.5B	1.5B	921.9M	1B	494.6M	507.3M	529.9M
Deferred Revenue (Non-Current)	91.3M	0.0	0.0	0.0	0.0	0.0	0.0	7.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	12.9M	9.7M	15.6M	75.6M	143.1M	206.6M	0.0	9.8M	68.6M	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	190.8M	352M	379.8M	618.2M	884.5M	1.2B	1.2B	1.1B	1.1B	1.2B	1.3B	1.3B	958.8M	1.3B	1.1B	582.7M	594.2M	952.9M	660.8M	604.6M
Total Non-Current Liabilities	2.2B	2.1B	2.5B	2.3B	2.6B	2.7B	2.6B	2.7B	2.6B	3B	2.9B	2.9B	2.7B	2.8B	2.6B	1.6B	1.6B	1.5B	1.2B	1.1B
Capital Lease Obligations	88.1M	0.0	0.0	0.0	0.0	0.0	77.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	3.2B	3.3B	3.5B	3.3B	3.5B	3.4B	3.4B	3.5B	3.3B	3.7B	3.6B	3.9B	3.9B	3.7B	3.5B	2.4B	2.3B	2.2B	1.9B	1.8B
SHAREHOLDERS' EQUITY
Treasury Stock	-502.7M	-82.6M	-184M	-87M	-4.8M	0.0	-18.2M	-30.6M	-26.1M	-28M	-21.3M	-44.3M	-79.6M	-111.3M	-162.7M	-188M	-208.6M	-244.8M	-75.4M	0.0
Common Stock	14.3M	14.3M	13.2M	13.1M	12.7M	12.7M	12.7M	12.7M	12.7M	11M	11M	11M	11M	11M	11M	10.2M	10.2M	10.2M	10.2M	10.1M
Additional Paid-In Capital	1.9B	1.9B	1.7B	1.7B	1.6B	1.6B	1.6B	1.6B	1.6B	1.2B	1.2B	1.2B	1.2B	1.2B	1.2B	658.9M	653.6M	651.8M	693.7M	637M
Retained Earnings	468.7M	64.3M	-70.1M	-480.9M	72.7M	106.5M	1.7B	1.4B	1.2B	1.3B	1.9B	2.4B	2.5B	2.4B	2.4B	2.2B	2.2B	2.3B	1.8B	1.2B
Accumulated Other Comprehensive Income/Loss	-60.4M	-89.5M	-83.2M	-67.4M	-991.7M	-1.2B	-1.2B	-1.1B	-1B	-1.1B	-1B	-931.4M	-713.2M	-1B	-941.6M	-665.1M	-673.5M	-746.5M	-235.7M	-310.8M
Total Stockholders' Equity	1.8B	1.9B	1.4B	1B	685.6M	521.1M	2.1B	1.9B	1.7B	1.4B	2.1B	2.6B	2.9B	2.5B	2.5B	2B	2B	2B	2.2B	1.5B
Total Equity	1.9B	2B	1.5B	1.2B	832.7M	641.4M	2.2B	2B	1.8B	1.4B	2.2B	2.7B	3B	2.6B	2.6B	2.1B	2.1B	2B	2.2B	1.5B
Minority Interest	112.2M	104.8M	107.5M	111.3M	147.1M	120.3M	103.1M	105.9M	105.1M	89.6M	101.6M	110.9M	100.5M	107.5M	96.3M	88.6M	77.4M	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	5.1B	5.2B	5B	4.4B	4.3B	4B	5.6B	5.5B	5.2B	5.2B	5.8B	6.6B	6.9B	6.2B	6B	4.5B	4.3B	4.2B	4.1B	3.3B
Total Investments	100K	900K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Debt	1.9B	1.9B	2.2B	1.7B	1.8B	1.6B	1.4B	1.5B	1.5B	1.9B	1.5B	1.5B	1.9B	1.5B	1.5B	1.1B	1.1B	509.8M	528.2M	553.6M
Net Debt	1.5B	1.2B	1.4B	1.2B	1.2B	921.9M	908.1M	1.2B	1.4B	1.6B	1.3B	1.3B	920.5M	1.2B	1.1B	631M	362.3M	39.9M	-95.1M	51.3M
Shares Outstanding	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661	135,863,661

SEC Filings

ATI - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 19, 2026	May 14, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 30, 2026	March 29, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 30, 2026	April 30, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 24, 2026	May 14, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 20, 2026	December 28, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 19, 2026	February 18, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 03, 2026	February 03, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 08, 2025	December 04, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 18, 2025	November 18, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 28, 2025	October 28, 2025	2025	View Filing

Showing 1 to 10 of 593 filings

Related Guides

Blog Categories

Continue your ATI research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.