Stock Analysis
ATI Inc.ATI
P/E 53.11×· 5Y range 18.87–6,791.28×· 60th percentile of history
Sector: Industrials · Industry: Steel Pipe & Tubes
AnalystsStrong Buy15 analystsP/E 53.1× sits at the 60th percentile of its 5.065023956194388-year history.
Cash covers 36% of debt · Q2 2026.
PMP Verdict
High quality, fairly valued
Strengths
- Quality87
- Profitability80
Risks
- Growth45
Strong fundamentals at a reasonable valuation.
Bull Case
- ✓Piotroski F-Score 9/9 — high earnings quality
- ✓Altman Z 5.3 — safe-zone balance sheet
- ✓ROE 23.8% — efficient capital deployment
- ✓Revenue CAGR 13.1% — durable top-line growth
What's happening with ATI
Profile
Strong earnings quality, profitability and financial health; moat, valuation and growth lag behind.
How is each axis scored?
- Valuation27/100 · Weak
- P/E vs own history (60th pct)5/25
- FCF yield (2.1%)5/25
- P/S (5.4x)12/25
- EV/EBIT (37.2x)5/25
- Growth45/100 · Weak
- Revenue CAGR (13.1%)20/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (46.4%)25/25
- Profitability80/100 · Strong
- ROIC (16.6%)20/25
- ROE (23.8%)20/25
- Net margin (10.1%)20/25
- Operating margin (15.2%)20/25
- Financial Health80/100 · Strong
- Altman Z (5.27)25/25
- Current ratio (2.33)25/25
- Interest coverage (6.3x)18/25
- Net cash / debt (D/A 25%)12/25
- Quality87/100 · Strong
- Piotroski F (9/9)25/25
- Beneish M (-2.81)25/25
- FCF conversion (111%)25/25
- Margin stability (σ 12.0%)12/25
- Moat16/100 · Weak
- ROIC >12% years (4/10 yrs)6/25
- Median gross margin (15.5%)0/25
- FCF-positive years (6/10 yrs)10/25
- Worst-year net margin (worst -52.7%)0/25
Risk Flags
- ⚠4 loss-making years in recent history
About ATI Inc.
ATI Inc supplies specialty metals to various end markets, including aerospace and defense, oil and gas, automotive, and electrical energy, among many others. Show more
The company's operating segment includes High-Performance Materials and Components and Advanced Alloys and Solutions. The majority of revenue is from the High-Performance Materials segment. The High-Performance Materials segment is focused on a wide range of high-performance specialty materials, parts, and components for several the majority of end markets, including the aerospace & defense, medical, and energy markets. Geographically, it operates in the United States, China, the United Kingdom, Germany, France, Canada, and Others, the majority is from the United States.
Headquarters: DALLAS, TX · Employees: 7,600 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
27EP/E (TTM)53.1xD
Grade D: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 18.9x–6791.3x · 60th pct
P/FCF48.4xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield2.1%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -15.9%–3.6% · 87th pct
P/S (TTM)5.36xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 0.6x–6.7x · 88th pct
EV/EBIT37.2xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 15.1x–44.5x · 89th pct
EV/Sales5.7xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E36.3xD
Grade D: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio12.65xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio3.03D
Grade D: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
80AROIC16.6%A
Grade A: MoatNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE23.8%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA9.0%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin10.1%A
Grade A: HighNet Income / Revenue
Operating Margin15.2%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin23.4%D
Grade D: LowGross Profit / Revenue
FCF Margin11.2%C
Grade C: AverageFCF / Revenue
True FCF Margin10.6%C
Grade C: AverageTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
45D+Revenue CAGR13.1%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth46.4%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+7.3%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income6.0%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.6%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
80AAltman Z-Score5.27A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio2.33xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio1.08xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage6.3xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment2.7yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT2.0xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity1.10xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.36xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
87APiotroski F-Score9/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.81A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion110.6%A
Grade A: StrongFCF / Net Income
Margin Stability12.0%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue5.9%C
Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.89xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Harris Timothy J Filed | Harris Timothy J | SellOpen market sale | -9000 | |
Harris Timothy J Filed | Harris Timothy J | SellOpen market sale | -16500 | |
Harris Timothy J Filed | Harris Timothy J | SellOpen market sale | -16500 | |
Morehouse David J Filed | Morehouse David J | SellOpen market sale | -2485 | |
Harris Timothy J Filed | Harris Timothy J | SellOpen market sale | -16500 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Harris Timothy J Filed | Harris Timothy J | SellOpen market sale | -16500 | |
Fields Kimberly A Filed | Fields Kimberly A | SellOpen market sale | -4598 | |
Fields Kimberly A Filed | Fields Kimberly A | SellOpen market sale | -9116 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
16EROIC >12% Years4/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)15.5%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years6/10 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-52.7%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$3.49
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$5.75
Cash & short-term investments per share (Finnhub)
Book Value / Share$13.78
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$2.19B
Total debt obligations (short + long term)
Cash & Equiv.$783.00M
Cash and short-term investments
Net Debt$1.41B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$2.00B
Shareholders' equity (book value)
Asset / Liability1.53xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$25.27B
Current Market Capitalization
Beta1.07B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: ATI Inc. (ATI)
ATI is down 1.97% at the last close. ATI Inc. meets 9 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 5.27 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.81 suggests a low likelihood of earnings manipulation.
- Takes ~2.7 years to repay net debt from free cash flow.
- ATI Inc. posted a net loss in 4 of 10 available completed fiscal years (2016–2025).
- At a valuation score of 27/100, ATI trades at a premium to its historical multiples (P/E 53.1).
- Return on equity of 23.8% is well above the market average.
See how ATI ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all ATI moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Sep 29 | Regular | 188.58 | +4.38% | 2.18 |
Frequently Asked Questions about ATI
What is the current ATI Inc. (ATI) stock price?
ATI is trading at $185.59 at the last market close, down 1.97% on the session. PreMarketPrice tracks ATI pre-market, intraday and after-hours prices.
Is ATI stock a buy right now?
PreMarketPrice's quantitative model rates ATI Inc.'s financial health at 80/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is ATI stock overvalued?
ATI Inc. trades at a trailing P/E of 53.1 and our valuation score rates it 27/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does ATI Inc. report earnings?
No confirmed earnings date is currently scheduled for ATI. The Earnings section lists recent reports and updates as dates are announced.
What sector does ATI Inc. operate in?
ATI Inc. operates in the Industrials sector, within the Steel Pipe & Tubes industry. The Related Stocks section lists sector peers for comparison.
What does ATI Inc. do?
ATI Inc supplies specialty metals to various end markets, including aerospace and defense, oil and gas, automotive, and electrical energy, among many others.
About ATI Inc. (ATI) Stock
ATI Inc. (ATI) is a US-listed stock operating in the Industrials sector, specifically the Steel Pipe & Tubes industry. As of the latest update, ATI Inc. is trading at $185.59, down 1.97% on the day with a market capitalization of $25.3 billion. The financial health score for ATI is 80/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for ATI stock.
ATI Stock Analysis & Key Metrics
On PreMarketPrice, you can track ATI Inc. (ATI) across multiple dimensions:
- Pre-market price & movement: Real-time ATI stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for ATI with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for ATI Inc. across multiple reporting periods.
- Financial health score: A composite score of 80/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for ATI.
- Sector peers: Compare ATI against 4 other industrials stocks on key financial metrics.
Is ATI a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate ATI Inc. (ATI) as an investment. The financial health score of 80/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.ATI Inc. (ATI) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.