ATI Inc

ATI

Equity

ISIN null / Valor 1019193

New York Stock Exchange, Inc (2026-06-05)

USD 177.47-2.00%

ATI Inc
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Allegheny Technologies Incorporated (ATI Inc.) is a publicly traded specialty materials and components company headquartered in Pittsburgh that produces high‑performance metals—notably titanium, nickel‑based alloys, specialty alloys, powder metallurgy products and flat‑rolled stainless and nickel alloys—and supplies those materials in forms such as sheets, plates, bars, billets, powders, castings and forgings. Its customers are primarily in commercial aerospace and defense, energy and oil & gas, chemical processing, industrial gas turbines and medical devices, and the company provides both mill products and downstream processing and finishing to deliver engineered parts and assemblies. ATI operates integrated mills and fabrication facilities across multiple regions and derives revenue from commercial contracts and long‑term supplier relationships tied to cyclical end markets such as aerospace and energy.

Summarized from source with an LLMView SourceSector: Energy

Key financials

Q4 2025 sales: $1,177.1M; Q4 GAAP net income attributable to ATI: $96.6M ($0.69 diluted EPS). Fiscal 2025 sales: $4,587.4M; fiscal 2025 net income attributable to ATI: $404.3M ($2.85 diluted EPS).

Adjusted / Non‑GAAP results

Q4 2025 adjusted net income attributable to ATI was $129.8M ($0.93 per share). Q4 adjusted EBITDA was $231.9M (19.7% of sales). Fiscal 2025 adjusted EBITDA was $859.3M and adjusted net income was $460.1M ($3.24 per share).

Cash flow and capital returns

Fiscal 2025 operating cash flow: $614.3M (vs. $407.2M in 2024). Adjusted free cash flow for fiscal 2025 was ~$379.8M (up ~53% year‑over‑year). The company repurchased $470M of shares in 2025 and repaid $150M of debentures in Q4.

Segments and markets

High Performance Materials & Components (HPMC): Q4 sales $645.9M, segment EBITDA $155.0M (24.0% margin). Advanced Alloys & Solutions (AA&S): Q4 sales $531.2M, segment EBITDA $98.5M (18.5% margin). Aerospace & defense accounted for 68% of Q4 sales (up from 65% year‑ago).

Special items / pension impact

Q4 2025 adjusted results exclude pre‑tax special items of $22.9M (transformation, start‑up/transaction costs, receivable sales losses) plus an $18.6M pre‑tax pension remeasurement loss. The combined after‑tax impact of these special items was a $33.2M charge, or $0.24 per share.

Balance sheet / working capital

Cash and cash equivalents at 12/28/2025: $416.7M (down from $721.2M a year earlier after buybacks and debt paydown). Managed working capital was $1,532.1M, equal to 32.5% of annualized sales (down ~390 basis points sequentially).

Outlook (guidance)

Q1 2026 guidance: Adjusted EBITDA $216M–$226M; Adjusted EPS $0.83–$0.89. Fiscal 2026 guidance: Adjusted EBITDA $975M–$1,025M; Adjusted EPS $3.99–$4.27; Adjusted free cash flow $430M–$490M.

Summarized from source with an LLMView Source

Key figures

114%1Y

373%3Y

644%5Y

Performance

48.5%1Y

41.1%3Y

42.7%5Y

Volatility