ATI Inc.

ATI Industrials Metal Fabrication

ATI Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.6 billion, up 5.16% from fiscal 2024.

Revenue
+26.5%
EPS
+77.5%
Free cash flow
−59.0%
Total debt
−2.59%

Quarter to September 2026, against a year earlier

169.43 9.66 −5.39%
Market cap
$22.9B
P/E
41.3×
Fwd P/E
34.0×
Dividend yield
—
F-score
8/9
Altman Z
4.84
Beneish M
−2.72
Dividend safety
62/100

ATI Inc. (ATI) Operating margin

Alert me on Operating margin

ATI Inc.'s operating margin over the twelve months to 30 September 2026 was 16.5%, up 2.5 percentage points from fiscal 2025 (14.0%). Over the past ten years it has ranged from −43.7% (fiscal 2020) to 14.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Metal Fabrication industry median of 4.86% and above the Industrials sector median of 5.21%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 14.0% 0.01
FY2024 14.0% 2.79
FY2023 11.2% 2.93
FY2022 8.24% 4.04
FY2021 4.20% 47.88
FY2020 −43.7% (52.57)
FY2019 8.89% (0.06)
FY2018 8.95% 5.13
FY2017 3.82% 21.10
FY2016 −17.3% (7.35)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 19.1% 1.65
Jun 2026 17.5% 3.23
Mar 2026 14.2% (0.27)
Dec 2025 14.5% 0.06
43 more quarters

Against its own ten years

Low −43.7% High 14.0%
Ten-year median 8.24%
Current reading's percentile 100

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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