TORVANTA
Other · S&P 500 · data as of 2026-10-05

ATI stock analysis: ATI

ATI (ATI) is an S&P 500 company in Other. It grades weakest on value.

The model's view of ATI · subscribers

Where ATI ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with ATI · updated 2026-10-05 · from prices and SEC filings

ATI price performance

ATI against the S&P 500, one year
+0%+100%+200%ATI +144%S&P 500 +18%2025-09-292026-10-05
Year to date+68.3%S&P 500 +14.5% · ahead by 53.8 pts
1 year+137.6%S&P 500 +17.0% · ahead by 120.5 pts
3 years+387.2%S&P 500 +89.3% · ahead by 298.0 pts
5 years+1034.5%S&P 500 +91.3% · ahead by 943.2 pts

Total returns with dividends reinvested.

ATI factor grades

Each grade compares ATI with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

DValueP/E 56.6x (industry 20.1x)FCF yield 2.0% (industry 6.0%)
B-GrowthRevenue growth +5% (industry +8%)EPS growth +18% (industry +10%)
BProfitabilityOperating margin 15.2% (industry 9.6%)ROIC 39.7% (industry 10.1%)
B+Momentum12-month change +138%From 52-wk high -17%

ATI in plain numbers

ATI key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$26.3B
Revenue growth (y/y)+5%
Free-cash-flow yield2.0%
Dividend yieldn/a
Next earnings (expected)2026-10-27
Valuation measures
Market value$26.3B
Enterprise value$25.9B
P/E (trailing)56.6x
Forward P/E (Torvanta estimate)51.0x
PEG (Torvanta estimate)4.64
Price / sales5.6x
Price / book14.0x
EV / revenue5.5x
EV / EBITDA29.0x
Financial highlights
Revenue, last 12 months$4.7B
Net income, last 12 months$475.8M
EPS, last 12 months (GAAP)$3.41
Gross margin23.4%
Operating margin15.2%
Net margin10.1%
Return on equity26.3%
Return on invested capital39.7%
Cash$783.0M
Total debt$383.6M
Debt / equity0.20x
Free cash flow, last 12 months$526.3M
Current ratio2.33x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

ATI earnings trends

Revenue vs earnings
$0$315.3M$630.5M$945.8M$1.3BSep 2024 Revenue: $1.1BDec 2024 Revenue: $1.2BMar 2025 Revenue: $1.1BJun 2025 Revenue: $1.1BSep 2025 Revenue: $1.1BDec 2025 Revenue: $1.2BMar 2026 Revenue: $1.2BJun 2026 Revenue: $1.3BSep 2024 Net income: $82.7MDec 2024 Net income: $137.1MMar 2025 Net income: $97.0MJun 2025 Net income: $100.7MSep 2025 Net income: $110.0MDec 2025 Net income: $96.6MMar 2026 Net income: $118.2MJun 2026 Net income: $151.0MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 7.9%Net margin: 11.7%Net margin: 8.5%Net margin: 8.8%Net margin: 9.8%Net margin: 8.2%Net margin: 10.3%Net margin: 12.0%0%6%12%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$0.3$0.6$0.8$1.1Sep 2024 EPS (GAAP, diluted): $0.6Dec 2024 EPS (GAAP, diluted): $0.9Mar 2025 EPS (GAAP, diluted): $0.7Jun 2025 EPS (GAAP, diluted): $0.7Sep 2025 EPS (GAAP, diluted): $0.8Dec 2025 EPS (GAAP, diluted): $0.7Mar 2026 EPS (GAAP, diluted): $0.9Jun 2026 EPS (GAAP, diluted): $1.1Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +37% · Dec 2025 -27% · Mar 2026 +27% · Jun 2026 +56%

From the company's 10-Q and 10-K filings with the SEC.

ATI financials (from SEC filings)

Fiscal yearFY2019FY2020FY2021FY2024FY2025
Revenue$4.1B$3.0B$2.8B$4.4B$4.6B
Net income$257.6M-$1.6B-$38.2M$367.8M$404.3M
EPS (GAAP)$1.85$-12.43$-0.33$2.55$2.84
Free cash flow$61.9M$30.4M-$136.5M$168.1M$333.7M

ATI earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-06$1.09+56%+11%+10.6%
2026-04-30$0.85+27%+1%+4.9%
2026-02-03$0.69-27%+0%+6.0%
2025-10-28$0.78+37%+7%+12.0%
2025-07-31$0.70+21%+4%-16.6%
2025-05-01$0.67+46%+10%+20.2%

Companies similar to ATI

CompanyMarket valueP/ERevenue growthOperating margin12-month change
ATI ATI$26.3B56.6x+5%15.2%+138%
ROIV ROIV$25.8Bn/a-68%n/a+121%compare
SN SN$25.7B51.0xn/a11.2%+86%compare
NVT NVT$27.1B45.8x+46%17.1%+72%compare
ENTG ENTG$25.5B83.5x+3%16.0%+70%
FTI FTI$27.5B24.4x+10%16.0%+85%
MTSI MTSI$25.1B104.6x+28%18.1%+158%

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Frequently asked questions

Is ATI stock a buy?

Torvanta does not tell individuals what to buy. Its grades for ATI are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is ATI's P/E ratio?

ATI trades at about 56.6 times its last 12 months of GAAP earnings reported to the SEC, and about 51.0 times Torvanta's own estimate of the next 12 months.

When does ATI report earnings next?

Based on its filing history, Torvanta expects ATI to report around 2026-10-27.

How has ATI performed against the S&P 500?

Over the past year ATI returned +137.6%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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