ATI Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.59B | $4.36B | $4.17B | $3.84B | $2.80B | $2.98B | $4.12B | $4.05B |
| Cost of Revenue | $3.58B | $3.46B | $3.37B | $3.12B | $2.47B | $2.69B | $3.48B | $3.42B |
| Gross Profit | $1.01B | $898.2M | $802.6M | $714.2M | $333.2M | $292.8M | $638.0M | $630.3M |
| Gross Margin | 22.0% | 20.6% | 19.2% | 18.6% | 11.9% | 9.8% | 15.5% | 15.6% |
| Operating Expenses | ||||||||
| Research & Development | $21.3M | $19.6M | $20.7M | $16.3M | $16.5M | $14.1M | $17.8M | $22.7M |
| SG&A Expense | $365.1M | $342.3M | $328.1M | $297.5M | $226.9M | $201.0M | $267.2M | $268.2M |
| Operating Income | $640.9M | $608.9M | $466.4M | $287.3M | $117.6M | $-1.30B | $366.3M | $362.1M |
| Operating Margin | 14.0% | 14.0% | 11.2% | 7.5% | 4.2% | -43.7% | 8.9% | 8.9% |
| Interest Expense | $110.7M | $124.2M | $105.8M | $92.1M | $97.6M | $96.1M | $104.9M | $102.1M |
| Pretax Income | $522.3M | $486.1M | $295.2M | $162.0M | $10.6M | $-1.48B | $236.5M | $247.7M |
| Income Tax Expense | $103.7M | $103.4M | $-128.2M | $15.5M | $26.8M | $77.7M | $-28.5M | $11.0M |
| Net Income | $404.3M | $367.8M | $410.8M | $130.9M | $-38.2M | $-1.57B | $252.5M | $222.4M |
| Net Margin | 8.8% | 8.4% | 9.8% | 3.4% | -1.4% | -52.7% | 6.1% | 5.5% |
| EPS (Basic) | $2.92 | $2.82 | $3.21 | $1.03 | $-0.30 | $-12.43 | $2.01 | $1.78 |
| EPS (Diluted) | $2.85 | $2.55 | $2.81 | $0.96 | $-0.30 | $-12.43 | $1.81 | $1.61 |
| Shares Outstanding (Basic) | 138.6M | 130.4M | 128.1M | 127.5M | 127.1M | 126.5M | 125.8M | 125.2M |
| Shares Outstanding (Diluted) | 141.8M | 146.6M | 150.0M | 151.2M | 127.1M | 126.5M | 146.5M | 145.9M |
| Dividends Per Share | — | — | — | — | — | — | — | $0.00 |