SequelSEC

ATI INC ATI

Steel Pipe & Tubes · CIK 0001018963 · Fiscal year ends 1228

Revenue
$4.59B
Fiscal year ended 2025-12-28
Operating income
$640.90M
Fiscal year ended 2025-12-28
Free cash flow
Unavailable
Fiscal year ended 2025-12-28

ATI INC (ATI) reported revenue of $4.59B and net income of $404.30M for the fiscal year ended 2025-12-28. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from ATI INC’s SEC filings, each linked to the filing it came from.

Income

ATI INC income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-282024-12-292023-12-312023-01-012022-12-312022-01-022021-12-312020-12-312019-12-312018-12-31
Revenue$4.59B$4.36B$4.17B$3.84B$3.84B$2.80B$2.80B$2.98B$4.12B$4.05B
Cost of revenue$3.58B$3.46B$3.37B$3.12B$3.12B$2.47B$2.47B$2.69B$3.48B$3.42B
Gross profit$1.01B$898.20M$802.60M$714.20M$714.20M$333.20M$333.20M$292.80M$638.00M$630.30M
Operating income$640.90M$608.90M$466.40M$316.10M$287.30M$117.60M$117.60M-$1.30B$366.30M$362.10M
Net income$404.30M$367.80M$410.80M$323.50M$130.90M$184.60M-$38.20M-$1.57B$252.50M$222.40M
Research & development$21.30M$19.60M$20.70M$16.30M$16.30M$16.50M$16.50M$14.10M$17.80M$22.70M
Weighted-average diluted sharesshares 141.80Mshares 146.60Mshares 150.00Mshares 151.20Mshares 151.20Mshares 152.70Mshares 127.10Mshares 126.50Mshares 146.50Mshares 145.90M
Pretax income$522.30M$486.10M$295.20M$354.60M$162.00M$233.40M$10.60M-$1.48B$236.50M$247.70M
Income tax expense$103.70M$103.40M-$128.20M$15.50M$15.50M$26.80M$26.80M$77.70M-$28.50M$11.00M
Diluted EPS$2.85$2.55$2.81$2.23$0.96$1.32$-0.30$-12.43$1.81$1.61
Selling, general & administrative$365.10M$342.30M$328.10M$297.50M$297.50M$226.90M$226.90M$201.00M$267.20M$268.20M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

ATI INC balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-282024-12-292023-12-312023-01-012022-12-312022-01-022021-12-312020-12-312019-12-312018-12-31
Cash & equivalents$416.70M$721.20M$743.90M$584.00M$584.00MUnavailable$687.70M$645.90M$490.80M$382.00M
Total assets$5.10B$5.23B$4.99B$4.45B$4.45B$4.29B$4.29B$4.03B$5.63B$5.50B
Current assets$2.68B$2.94B$2.74B$2.48B$2.48BUnavailable$2.31B$2.07B$2.30B$2.25B
Total liabilities$3.18B$3.28B$3.50B$3.29B$3.29BUnavailable$3.45B$3.39B$3.44B$3.51B
Current liabilities$1.01B$1.21B$977.10M$963.90M$963.90MUnavailable$856.40M$653.30M$849.20M$836.90M
Total equity incl. NCI$1.92B$1.96B$1.48B$1.16B$1.16B$832.70M$832.70M$641.40M$2.19B$1.99B
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$1.40B$1.35B$1.25B$1.20B$1.20BUnavailable$1.05B$997.10M$1.16B$1.21B
Accounts receivable$686.10M$709.20M$625.00M$579.20M$579.20MUnavailable$470.00M$345.80M$554.10M$527.80M
Goodwill$225.20M$227.20M$227.20M$227.20M$227.20MUnavailable$227.90M$240.70M$525.80M$534.70M
Long-term debt$1.72B$1.71B$2.15B$1.71B$1.71BUnavailable$1.71B$1.55B$1.39B$1.54B
Accounts payable$568.20M$609.10M$524.80M$553.30M$553.30MUnavailable$375.50M$290.60M$521.20M$498.80M

Cash flow

ATI INC cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-282024-12-292023-12-312023-01-012022-12-312022-01-022021-12-312020-12-312019-12-312018-12-31
Operating cash flow$614.30M$407.20M$85.90M$224.90M$224.90M$16.10M$16.10M$166.90M$230.10M$392.80M
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow-$234.50M-$159.60M-$193.20M-$126.70M-$126.70M-$77.30M-$77.30M-$128.70M$81.70M-$145.10M
Financing cash flow-$699.90M-$260.40M$267.20M-$201.90M-$201.90M$103.00M$103.00M$116.90M-$203.00M-$7.30M
Net change in cash-$304.50M-$22.70M$159.90M-$103.70M-$103.70M$41.80M$41.80M$155.10M$108.80M$240.40M
Stock-based compensation$29.00M$34.10M$29.10M$26.00M$26.00M$21.10M$21.10M$2.90MUnavailableUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$0$0
Common share repurchases$470.00M$260.00M$85.20M$139.90M$139.90M$0$0$0UnavailableUnavailable
Depreciation & amortization$168.10M$151.50M$146.10M$142.90M$142.90M$143.90M$143.90M$143.30M$151.10M$156.40M

Derived

ATI INC derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-282024-12-292023-12-312023-01-012022-12-312022-01-022021-12-312020-12-312019-12-312018-12-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross margin22.0%20.6%19.2%18.6%18.6%11.9%11.9%9.8%15.5%15.6%
Operating margin14.0%14.0%11.2%8.2%7.5%4.2%4.2%-43.7%8.9%8.9%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue0.6%0.8%0.7%0.7%0.7%0.8%0.8%0.1%UnavailableUnavailable
Current ratio2.66x2.44x2.80x2.57x2.57xUnavailable2.69x3.16x2.71x2.68x
Revenue YoY growth5.2%4.5%8.8%Unavailable37.0%Unavailable-6.1%-27.7%1.9%Unavailable
Net margin8.8%8.4%9.8%8.4%3.4%6.6%-1.4%-52.7%6.1%5.5%
R&D / revenue0.5%0.4%0.5%0.4%0.4%0.6%0.6%0.5%0.4%0.6%
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equity0.90xUnavailableUnavailableUnavailable1.47xUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate19.9%21.3%-43.4%4.4%9.6%11.5%252.8%Unavailable-12.1%4.4%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open ATI in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-04-30View SEC filing
10-K · Filed 2026-02-20View SEC filing
10-Q · Filed 2025-10-28View SEC filing
10-Q · Filed 2025-07-31View SEC filing
10-Q · Filed 2025-05-01View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.