ATI Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $404.3M | $367.8M | $410.8M | $130.9M | $-38.2M | $-1.57B | $252.5M | $222.4M |
| Depreciation & Amortization | $168.1M | $151.5M | $146.1M | $142.9M | $143.9M | $143.3M | $151.1M | $156.4M |
| Depreciation | $146.6M | $118.8M | $117.4M | — | — | — | — | — |
| Amortization | $7.0M | $7.0M | $7.0M | $8.0M | $8.0M | $8.0M | $10.0M | $10.0M |
| Stock-Based Compensation | $29.0M | $34.1M | $29.1M | $26.0M | $21.1M | $2.9M | — | — |
| Net Cash from Operating Activities | $614.3M | $407.2M | $85.9M | $224.9M | $16.1M | $166.9M | $230.1M | $392.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $280.6M | $239.1M | $200.7M | $130.9M | $152.6M | $136.5M | $168.2M | $139.2M |
| Business Acquisitions | — | — | — | — | — | $0 | $0 | $10.0M |
| Net Cash from Investing Activities | $-234.5M | $-159.6M | $-193.2M | $-126.7M | $-77.3M | $-128.7M | $81.7M | $-145.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | $0 | $0 |
| Stock Repurchases | $470.0M | $260.0M | $85.2M | $139.9M | $0 | $0 | — | — |
| Net Cash from Financing Activities | $-699.9M | $-260.4M | $267.2M | $-201.9M | $103.0M | $116.9M | $-203.0M | $-7.3M |
| Net Change in Cash | $-304.5M | $-22.7M | $159.9M | $-103.7M | $41.8M | $155.1M | $108.8M | $240.4M |
| Free Cash Flow | $333.7M | $168.1M | $-114.8M | $94.0M | $-136.5M | $30.4M | $61.9M | $253.6M |