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Companies / Industrials / ATI Inc.
ATI

ATI Inc.

IndustrialsPrimary Metals
Ticker ATIDALLAS, TXFiscal year ends DecemberBook value per share $13.55Diluted shares 138.5M

ATI Inc. (NYSE: ATI) operates as a global specialty materials manufacturer headquartered in Dallas, Texas, with its corporate website at www.atimaterials.com. The company produces advanced specialty materials and components designed to solve complex engineering challenges across demanding applications and extreme… From the company’s description.

Fiscal year 2025 · ends 12-28Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-28
Sales & profitability
$4.59BFY2025
+5.2% year over year
Last 12 mo $4.72B
13.97%FY2025
No change, year over year
Last 12 mo 15.20%
$418.60MFY2025
+9.4% year over year
Last 12 mo $488.90M
24.57%FY2025
+4.7 percentage points
Last 12 mo 25.35%
Cash & financing
$614.30MFY2025
+50.9% year over year
Last 12 mo $805.30M
$333.70MFY2025
+98.5% year over year
Last 12 mo $526.30M
0.97FY2025
Was 1.02× a year earlier
Last 12 mo 1.17
141.8MFY2025
−3.3% year over year
Last 12 mo 138.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What ATI Inc. does

In the company’s own words

ATI Inc. (NYSE: ATI) operates as a global specialty materials manufacturer headquartered in Dallas, Texas, with its corporate website at www.atimaterials.com. The company produces advanced specialty materials and components designed to solve complex engineering challenges across demanding applications and extreme environments.

ATI operates through two primary business segments: High Performance Materials & Components (HPMC), which accounts for 53% of revenues, and Advanced Alloys & Solutions (AA&S), representing 47% of revenues. HPMC manufactures high-performance specialty materials, precision forgings, machined components, and advanced metallic powder alloys from nickel-based superalloys, titanium alloys, and other specialty materials. This segment derives approximately 92% of its revenue from aerospace and defense markets, with nearly 68% specifically from commercial jet engine applications. AA&S produces nickel-based alloys, titanium alloys, and specialty alloys in plate, sheet, and strip forms, serving aerospace and defense markets alongside specialty energy, conventional energy, electronics, and industrial applications.

The company generated total revenues of $4.6 billion in fiscal year 2025. Aerospace and defense represents the largest end market, accounting for approximately 68% of total sales, followed by specialty energy and conventional energy markets. ATI maintains a global workforce of approximately 7,600 active employees, with 15% located outside the United States across 15 countries. The company operates manufacturing facilities in the United States and internationally, including precision forging and machining capabilities in Poland and a joint venture in China for specialty rolled products.

ATI maintains long-term supply agreements with major aerospace original equipment manufacturers including Boeing, Airbus, Embraer, GE Aerospace, Rolls-Royce, Pratt & Whitney, and Safran Aircraft Engines. The company's backlog of confirmed orders totaled approximately $3.7 billion at fiscal year-end 2025. ATI's competitive advantages derive from its materials science expertise, advanced process technologies, integrated manufacturing capabilities spanning melting through finished components, and proprietary alloy formulations. The company holds hundreds of U.S. patents and maintains valuable intellectual property in specialty alloy development and advanced manufacturing processes. Approximately 35% of ATI's workforce is covered by collective bargaining agreements, predominantly with the United Steel Workers union.

Company details
Sector
Industrials
Industry (SIC)
Primary Metals
Headquarters
DALLAS, TX
Fiscal year end
December
CIK
1018963
SIC
3317

Financial performance, year by year

Fiscal 2013–2025 · USD
$-2.19B$-304.64M$1.58B$3.46B$5.34B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns ATI Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

524
funds hold it
1 of 35
superinvestors hold it
$11.83B
held by funds, at market
46.6%
of shares held by funds
5
bond issues held by funds

Superinvestors in ATI Inc. · what they did last quarter

Polen CapitalNEW
Polen Capital Management
1.4%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · ATI Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.74%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.04%of fund net assets
0.88%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.33%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.76%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

ATI Inc.’s bonds, as funds hold them

Funds report holding 5 issues of ATI Inc.’s debt, $657.93M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 6.08%, maturing 2027 to 2033.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do ATI Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of ATI Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in ATI Inc.'s last four quarterly filings that the numbers alone won't show?”
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