Stocks · Industrials · Manufacturing - Metal Fabrication
ATI Inc. ATI
$192.42 +0.67% Close, Oct 2, 2026 · NYSE · Market cap $26.26B
High qualityStrong trendExpensive vs sector
Next earnings report: Oct 27, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Over the past year the stock returned +131.8%, ahead of the S&P 500 by 116.7 percentage points.
- Earnings beat analyst estimates in each of the last 7 quarters (average surprise over the last four: +13.5%).
- The stock is in an uptrend: above its 200-day average for 358 trading days, with the 50-day average above the 200-day.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 36%
- EPS growth (TTM, YoY)Top 38%
- FCF growth (TTM, YoY)Top 13%
- Revenue growth, 3-year CAGRTop 43%
- Revenue growth accelerationTop 45%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 18%
- Gross marginBottom 37%
- Operating marginTop 22%
- Cash conversion (OCF / net income)Top 42%
- Accruals (lower is better)Top 35%
- Net debt / EBITDA (lower is better)Top 43%
- Interest coverTop 31%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 42%
- Free-cash-flow yieldBottom 38%
- EBITDA / enterprise valueBottom 28%
- Sales / enterprise valueBottom 14%
- P/E vs own 5-year history (lower is better)Bottom 25%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 1%
- 6-month returnTop 20%
- 1-year return vs S&P 500Top 3%
- Distance from 52-week highTop 41%
- Trend checklist (0–4)Top 27%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 30%
- Consecutive EPS beatsTop 17%
- Share of analysts rating BuyTop 33%
- Upside to consensus price targetBottom 48%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 49%
- Maximum drawdown, 3 yearsTop 29%
- Beta vs S&P 500 (lower is better)Bottom 15%
- Net debt / EBITDA (lower is better)Top 43%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 2.9% | 4.6% | ↑ |
| EPS growth (YoY) | 9.8% | 18.4% | ↑ |
| Gross margin | 21.4% | 23.4% | ↑ |
| Operating margin | 14.7% | 15.3% | ↑ |
| FCF margin | 5.2% | 11.2% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 4.6% | 2.9% | ↑ | Bottom 36% |
| EPS growth (TTM, YoY) | 18.4% | 9.8% | ↑ | Top 38% |
| Gross margin | 23.4% | 21.4% | ↑ | Bottom 37% |
| Operating margin | 15.3% | 14.7% | ↑ | Top 22% |
| Net margin | 10.1% | 9.3% | ↑ | — |
| Free-cash-flow margin | 11.2% | 5.2% | ↑ | — |
| Return on invested capital | 12.6% | — | Top 18% | |
| Revenue growth, 3-year CAGR | 6.1% | — | Top 43% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.69×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -5.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.6%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -30.6 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.54×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 7.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 1.06%
- Shareholder yield
- 1.06%
- Share count change, 1 year
- -4.9%
- Share count change, 3-year CAGR
- -3.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 28, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 7
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +13.5%
- Average 2-day reaction, last 8
- +3.0%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $248.00
- Target vs current price
- +28.9%
- Analysts with a rating
- 31
- Share rating Buy or Strong Buy
- 68%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +19.4% | +8.9% | +12.3% | -1.7% | — |
| Apr 30, 2026 | +14.0% | +6.3% | +12.9% | +16.6% | +31.7% |
| Feb 3, 2026 | +4.5% | +5.4% | +11.4% | +28.9% | +20.1% |
| Oct 28, 2025 | +16.0% | +7.4% | +7.5% | +6.5% | +34.7% |
| Jul 31, 2025 | +2.8% | -18.4% | -21.0% | -18.5% | -5.0% |
| May 1, 2025 | +24.1% | +14.5% | +28.3% | +46.7% | +75.7% |
| Feb 4, 2025 | +31.7% | +9.9% | +9.1% | -3.0% | -6.2% |
| Oct 29, 2024 | -9.1% | -10.1% | -15.4% | -4.9% | -11.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $1.23 | $1.03 | +19.4% | $1.26B |
| Apr 30, 2026 | $1.00 | $0.88 | +14.0% | $1.15B |
| Feb 3, 2026 | $0.93 | $0.89 | +4.5% | $1.18B |
| Oct 28, 2025 | $0.85 | $0.73 | +16.0% | $1.13B |
| Jul 31, 2025 | $0.74 | $0.72 | +2.8% | $1.14B |
| May 1, 2025 | $0.72 | $0.58 | +24.1% | $1.14B |
| Feb 4, 2025 | $0.79 | $0.60 | +31.7% | $1.17B |
| Oct 29, 2024 | $0.60 | $0.66 | -9.1% | $1.05B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 56.4× | 22.7× | 82th | Bottom 42% |
| P/E (forward) | 38.1× | — | — | — |
| EV / EBITDA | 30.3× | — | — | Bottom 28% |
| EV / Sales | 5.87× | — | — | Bottom 14% |
| Free-cash-flow yield | 2.00% | — | — | Bottom 38% |
| Earnings yield | 1.77% | — | — | Bottom 42% |
P/E over the past five years
Range 11.0× – 248.4× since Sep 30, 2022. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +131.8%
- Earnings per share growth (TTM)
- +18.4%
- Change in P/E multiple
- +145.2%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 358
- 50-day average slope (20 days)
- +0.1%
- 200-day average slope (20 days)
- +5.8%
- Distance from 50-day average
- -4.9%
- Distance from 200-day average
- +15.2%
- RSI (14)
- 48.1
- Relative volume
- 0.88×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 42.8%
- Volatility vs own 5-year history
- 63th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.81
- Correlation with S&P 500
- 0.58
- Current drawdown from 1-year high
- -17.0%
- Maximum drawdown, 3 years
- -38.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 27, 2021 | Dec 1, 2021 | -43.3% | 130 days | 59 days (Feb 25, 2022) |
| Jul 31, 2024 | Apr 8, 2025 | -38.0% | 172 days | 19 days (May 6, 2025) |
| Apr 14, 2022 | Jul 6, 2022 | -30.9% | 55 days | 25 days (Aug 10, 2022) |
| Jul 31, 2023 | Oct 20, 2023 | -25.4% | 58 days | 87 days (Feb 27, 2024) |
| Jul 28, 2025 | Aug 20, 2025 | -25.3% | 17 days | 48 days (Oct 28, 2025) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $26.26B
- P/E (TTM)
- 56.4
- EPS, diluted (TTM)
- $3.41
- Revenue (TTM)
- $4.72B
- 52-week range
- $79.29 – $243.57
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $2.80B | $3.84B | $4.17B | $4.36B | $4.59B |
| Gross profit | $334.0M | $714.2M | $826.3M | $913.5M | $999.8M |
| Operating income | $117.6M | $316.1M | $466.4M | $608.9M | $634.7M |
| Net income | $184.6M | $323.5M | $410.8M | $367.8M | $404.3M |
| EPS (diluted) | $1.31 | $2.23 | $2.81 | $2.55 | $2.85 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.05B | $1.17B | $1.14B | $1.14B | $1.13B | $1.18B | $1.15B | $1.26B |
| Net income | $82.7M | $137.1M | $97.0M | $100.7M | $110.0M | $96.6M | $118.2M | $151.0M |
| EPS (diluted) | $0.57 | $0.94 | $0.67 | $0.70 | $0.78 | $0.69 | $0.85 | $1.09 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $16.1M | $224.9M | $85.9M | $407.2M | $614.3M |
| Capital expenditure | -$152.6M | -$130.9M | -$200.7M | -$239.1M | -$280.6M |
| Free cash flow | -$136.5M | $94.0M | -$114.8M | $168.1M | $333.7M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$4.8M | -$145.6M | -$96.4M | -$286.0M | -$504.1M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $783.0M
- Total assets
- $5.74B
- Total liabilities
- $3.74B
- Total debt
- $2.19B
- Net debt
- $1.41B
- Shareholders’ equity
- $1.88B
As of Jun 28, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Aug 16, 2016 | $0.08 | Sep 8, 2016 |
| May 25, 2016 | $0.08 | Jun 9, 2016 |
| Mar 9, 2016 | $0.08 | Mar 24, 2016 |
| Dec 17, 2015 | $0.08 | Dec 30, 2015 |
| Aug 17, 2015 | $0.18 | Sep 16, 2015 |
| May 22, 2015 | $0.18 | Jun 17, 2015 |
| Mar 9, 2015 | $0.18 | Mar 25, 2015 |
| Dec 12, 2014 | $0.18 | Dec 24, 2014 |
Short interest
- Shares sold short
- 4,335,143
- Days to cover
- 2.79
- Change vs previous report
- +17.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Nov 30, 1999
- 1-for-2
- Jul 2, 1993
- 2-for-1
- Jul 3, 1990
- 3-for-2