Growth & profitability
- Revenue has grown 9.0% per year over the past 5 years.
- Operating margin has expanded, at 14.0% in the latest year.
- Free cash flow has grown 61.5% per year over the past 5 years.
ATI Financials Ati Inc
15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $4.6B | $404M | 22.0% | 14.0% | $334M | — | $417M |
| 2024 | $4.4B | $368M | 20.6% | 14.0% | $168M | — | $721M |
| 2023 | $4.2B | $411M | 19.2% | 11.2% | -$115M | — | $744M |
| 2023 | $3.8B | $324M | 18.6% | 8.2% | $94M | — | $584M |
| 2022 | $3.8B | $131M | 18.6% | 7.5% | $94M | — | $584M |
| 2022 | $2.8B | $185M | 11.9% | 4.2% | -$137M | — | — |
| 2021 | $2.8B | -$38M | 11.9% | 4.2% | -$137M | — | $688M |
| 2020 | $3.0B | -$1.6B | 9.8% | -43.7% | $30M | — | $646M |
| 2019 | $4.1B | $253M | 15.5% | 8.9% | $62M | — | $491M |
| 2018 | $4.0B | $222M | 15.6% | 8.9% | $254M | — | $382M |
| 2017 | $3.5B | -$92M | 14.1% | 3.8% | -$100M | — | $142M |
| 2016 | $3.1B | -$641M | 7.1% | -17.3% | -$246M | — | $230M |
| 2015 | — | -$378M | — | — | -$13M | — | $150M |
| 2014 | — | -$3M | — | — | -$170M | — | $270M |
| 2013 | — | $154M | — | — | -$244M | — | $1.0B |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $1.2B | $118M | 22.8% | 14.2% | $73M | — | $402M |
| Dec '25 | $1.2B | $97M | 23.2% | 14.5% | $223M | — | $417M |
| Sep '25 | $1.1B | $110M | 22.7% | 14.4% | $167M | — | $372M |
| Jun '25 | $1.1B | $101M | 21.3% | 14.1% | $89M | — | $320M |
| Mar '25 | $1.1B | $97M | 20.6% | 12.8% | -$146M | — | $476M |
| Dec '24 | $1.2B | $137M | 21.2% | 17.8% | $334M | — | $721M |
| Sep '24 | $1.1B | $83M | 21.4% | 13.5% | -$42M | — | $407M |
| Jun '24 | $1.1B | $82M | 20.8% | 13.0% | $41M | — | $426M |
| Mar '24 | $1.0B | $66M | 18.9% | 11.0% | -$165M | — | $394M |
| Dec '23 | $1.1B | $146M | 19.3% | 10.2% | $364M | — | $744M |
| Oct '23 | $1.0B | $90M | 19.0% | 12.2% | -$158M | — | — |
| Sep '23 | $1.0B | $76M | 19.0% | 12.2% | -$158M | — | $433M |
| Jul '23 | $1.0B | $90M | 20.0% | 11.5% | $25M | — | — |
| Jun '23 | $1.0B | $76M | 20.0% | 11.5% | $25M | — | $267M |
| Apr '23 | $1.0B | $85M | 18.6% | 10.8% | -$346M | — | — |
| Mar '23 | $1.0B | $70M | 18.6% | 10.8% | -$346M | — | $196M |
| Jan '23 | $1.0B | $193M | 18.4% | 10.8% | $294M | — | $584M |
| Dec '22 | $1.0B | $77M | 18.4% | 10.8% | $294M | — | $584M |
| Oct '22 | $1.0B | $77M | 0.0% | 11.0% | — | — | — |
| Sep '22 | $1.0B | $61M | 17.8% | 11.0% | $77M | — | $329M |
Valuation over time
How the market has priced ATI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has risen from 16.6× (Mar '23) to 67.4× (Jun '26).
- The price-to-sales ratio has risen from 1.4× (Mar '23) to 5.9× (Jun '26).
P/E
P/S
Frequently asked questions
Is ATI growing its revenue and profit?
Over the past 5 years, Ati Inc's revenue has grown 9.0% per year. These are computed facts, not advice.
How much debt does ATI have?
As of FY2025, Ati Inc reported — of total debt against $417M of cash.
What is ATI's profit margin?
In FY2025, gross margin was 22.0%, operating margin 14.0%, and net margin 8.8%.
What is ATI's P/E ratio?
As of Jun '26, Ati Inc traded at a price-to-earnings ratio of about 67.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.