5 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 →
Growth & profitability
Revenue has grown 5.2% per year over the past 4 years.
Net income has grown slower than revenue (-3.4% vs 5.2% per year).
Operating margin has expanded, at 11.0% in the latest year.
Free cash flow has declined 10.3% per year over the past 4 years.
Financial health
Total debt ($2.7B) exceeds cash ($456M); net debt is $2.2B.
Total debt has grown faster than revenue (55.0% vs 5.2% per year).
Operating income covered interest expense 1.8× in the latest year.
Total debt is 3.5× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$4.4B
$162M
0.0%
11.0%
$239M
$2.7B
$456M
2024
$4.3B
$80M
0.0%
10.2%
$257M
$2.9B
$419M
2023
$4.2B
-$150M
0.0%
6.3%
$247M
$3.1B
$339M
2022
$4.1B
$99M
0.0%
6.3%
$216M
$717M
$293M
2021
$3.5B
$186M
0.0%
7.0%
$369M
—
$238M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$1.0B
$22M
0.0%
8.1%
-$36M
$2.7B
$433M
Dec '25
$1.2B
$83M
0.0%
13.5%
$194M
$2.7B
$456M
Sep '25
$1.1B
$26M
0.0%
9.8%
-$5M
$2.8B
$412M
Jun '25
$1.1B
$39M
0.0%
10.8%
-$44M
$2.8B
$357M
Mar '25
$979M
$14M
0.0%
9.5%
$94M
$2.8B
$352M
Dec '24
$1.1B
$54M
0.0%
14.5%
$62M
$2.9B
$419M
Sep '24
$1.1B
$21M
0.0%
10.6%
$85M
$2.9B
$395M
Jun '24
$1.1B
$30M
0.0%
10.0%
-$14M
$2.9B
$374M
Mar '24
$1.1B
-$8M
0.0%
6.9%
$124M
$2.9B
$343M
Dec '23
$1.1B
-$175M
0.0%
2.7%
-$30M
$3.1B
$339M
Sep '23
$1.1B
-$61M
0.0%
8.5%
$99M
—
$423M
Jun '23
$1.0B
$52M
0.0%
7.6%
$73M
$214M
$337M
Mar '23
$986M
$36M
0.0%
6.7%
$105M
—
$282M
Dec '22
$1.1B
$7M
0.0%
8.5%
$15M
$717M
$293M
Sep '22
$1.0B
$64M
0.0%
10.0%
$201M
—
$257M
Jun '22
$1.1B
$20M
0.0%
3.9%
—
—
$259M
Valuation over time
How the market has priced NATL against its own fundamentals since 2023-10 —
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 16.4× (Oct '23) to 19.8× (Jun '26).
The price-to-sales ratio has risen from 0.4× (Oct '23) to 0.7× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is NATL growing its revenue and profit?
Over the past 4 years, Ncr Atleos Corp's revenue has grown 5.2% per year, and net income declined 3.4% per year. These are computed facts, not advice.
How much debt does NATL have?
As of FY2025, Ncr Atleos Corp reported $2.7B of total debt against $456M of cash; operating income covered interest expense 1.8×.
What is NATL's profit margin?
In FY2025, gross margin was —, operating margin 11.0%, and net margin 3.7%.
What is NATL's P/E ratio?
As of Jun '26, Ncr Atleos Corp traded at a price-to-earnings ratio of about 19.8× (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.