Ati Inc (ATI) Financial Statements
Industry: Steel Pipe & Tubes
In fiscal 2025, Ati reported revenue of $4.59B, up 5.2% from $4.36B the year before. Net income was $404.3M (a 8.8% net margin), or $2.85 per diluted share. Gross margin was 22.0% and operating margin was 14.0%. Operating activities generated $614.3M of cash, leaving $333.7M of free cash flow. At fiscal year end, Ati held $5.10B in total assets against $3.18B in total liabilities, including $416.7M of cash and equivalents.
Open the full interactive Ati financials → Quarterly statements, key ratios, valuation history and price charts.
Ati Key Stats
| Share Price | $189.81 |
|---|---|
| Market Cap | $26.25B |
| P/E Ratio | 66.6 |
| Revenue YoY Growth | +5.2% |
| 52-Week Range | $80.33 – $231.78 |
| Shares Outstanding | 136.3 million (basic, 2026 Q2) |
Ati Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.98B | $2.80B | $3.84B | $4.17B | $4.36B | $4.59B |
| Cost of Goods Sold | $2.69B | $2.47B | $3.12B | $3.37B | $3.46B | $3.58B |
| Gross Profit | $292.8M | $333.2M | $714.2M | $802.6M | $898.2M | $1.01B |
| Operating Income | -$1.30B | $117.6M | $287.3M | $466.4M | $608.9M | $640.9M |
| Pre-Tax Income | -$1.48B | $10.6M | $162.0M | $295.2M | $486.1M | $522.3M |
| Income Tax | $77.7M | $26.8M | $15.5M | -$128.2M | $103.4M | $103.7M |
| Net Income | -$1.57B | -$38.2M | $130.9M | $410.8M | $367.8M | $404.3M |
| Diluted EPS | -$12.43 | -$0.30 | $0.96 | $2.81 | $2.55 | $2.85 |
Ati Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.13B | $1.18B | $1.15B | $1.26B |
| Net Income | $110.0M | $96.6M | $118.2M | $151.0M |
| Diluted EPS | $0.78 | $0.68 | $0.85 | $1.09 |
Ati Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $645.9M | $687.7M | $584.0M | $743.9M | $721.2M | $416.7M |
| Current Assets | $2.07B | $2.31B | $2.48B | $2.74B | $2.94B | $2.68B |
| Total Assets | $4.03B | $4.29B | $4.45B | $4.99B | $5.23B | $5.10B |
| Current Liabilities | $653.3M | $856.4M | $963.9M | $977.1M | $1.21B | $1.01B |
| Total Long-Term Debt | $1.55B | $1.71B | $1.71B | $2.15B | $1.71B | $1.72B |
| Total Liabilities | $3.39B | $3.45B | $3.29B | $3.50B | $3.28B | $3.18B |
| Shareholders' Equity | $521.1M | $685.6M | $1.05B | $1.37B | $1.85B | $1.80B |
Ati Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $166.9M | $16.1M | $224.9M | $85.9M | $407.2M | $614.3M |
| Cash From Investing | -$128.7M | -$77.3M | -$126.7M | -$193.2M | -$159.6M | -$234.5M |
| Cash From Financing | $116.9M | $103.0M | -$201.9M | $267.2M | -$260.4M | -$699.9M |
| Free Cash Flow | $30.4M | -$136.5M | $94.0M | -$114.8M | $168.1M | $333.7M |
Figures from Ati's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Ati financials page for every line item.
Ati Company Profile
| Ticker | ATI |
|---|---|
| Exchange | NYSE |
| Industry | Steel Pipe & Tubes |
| Headquarters | Dallas, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 28 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001018963 |
Frequently Asked Questions
What was Ati's revenue in fiscal 2025?
Ati (ATI) reported revenue of $4.59B for fiscal 2025.
What is Ati's annual revenue history?
Ati's annual revenue by fiscal year: 2020: $2.98B; 2021: $2.80B; 2022: $3.84B; 2023: $4.17B; 2024: $4.36B; 2025: $4.59B.
What was Ati's net income in fiscal 2025?
Ati reported net income of $404.3M for fiscal 2025.
What was Ati's earnings per share (EPS) in fiscal 2025?
Ati's diluted EPS was $2.85 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Ati generate in fiscal 2025?
Ati generated $333.7M of free cash flow in fiscal 2025.
What was Ati's revenue last quarter?
In its most recent reported quarter (2026 Q2), Ati reported revenue of $1.26B.
How much debt does Ati have?
Ati reported $1.72B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Ati are outstanding?
Ati reported a weighted average of 136.3 million basic shares outstanding in 2026 Q2.
What is Ati's market cap?
Based on its latest closing price, Ati (ATI) has a market capitalization of about $26.25B.
When does Ati's fiscal year end?
Ati's fiscal year end, as registered with the SEC, is December 28.
Where is Ati headquartered?
Ati lists its business address in Dallas, Texas in its SEC filings.