ATI Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Revenue	4,587	4,362	4,174	3,836	2,800
Revenue Growth (YoY)	5.17%	4.51%	8.80%	37.01%	-6.11%
Cost of Revenue	3,580	3,449	3,347	3,122	2,466
Gross Profit	1,007	913.5	826.3	714.2	334
Selling, General & Admin	399.7	368.6	407.8	159.1	-33.1
Operating Expenses	399.7	368.6	407.8	159.1	-33.1
Operating Income	607.3	544.9	418.5	555.1	367.1
Interest Expense	-98.6	-124.2	-105.8	-92.1	-97.6
Interest & Investment Income	-	16	13	4.7	0.7
Earnings From Equity Investments	-	-1	-1.6	12.6	0.1
Other Non Operating Income (Expenses)	14.6	3.8	2.6	2.3	1.4
EBT Excluding Unusual Items	523.3	439.5	326.7	482.6	271.7
Merger & Restructuring Charges	1.9	-22.1	-31.4	4.8	10.5
Gain (Loss) on Sale of Assets	-2.9	68.7	-0.1	-105.2	16.7
Legal Settlements	-	-	-	-28.5	-
Other Unusual Items	-	-	-	0.9	-65.5
Pretax Income	522.3	486.1	295.2	354.6	233.4
Income Tax Expense	103.7	103.4	-128.2	15.5	26.8
Earnings From Continuing Operations	418.6	382.7	423.4	339.1	206.6
Minority Interest in Earnings	-14.3	-14.9	-12.6	-15.6	-22
Net Income	404.3	367.8	410.8	323.5	184.6
Net Income to Common	404.3	367.8	410.8	323.5	184.6
Net Income Growth	9.92%	-10.47%	26.99%	75.24%	-
Shares Outstanding (Basic)	139	130	128	128	127
Shares Outstanding (Diluted)	142	147	150	151	153
Shares Change (YoY)	-3.27%	-2.27%	-0.79%	-0.98%	20.71%
EPS (Basic)	2.92	2.82	3.21	2.54	1.45
EPS (Diluted)	2.85	2.55	2.81	2.23	1.31
EPS Growth	11.80%	-9.26%	26.05%	69.49%	-
Free Cash Flow	333.7	168.1	-114.8	94	-136.5
Free Cash Flow Per Share	2.35	1.15	-0.77	0.62	-0.89
Gross Margin	21.95%	20.94%	19.80%	18.62%	11.93%
Operating Margin	13.24%	12.49%	10.03%	14.47%	13.11%
Profit Margin	8.81%	8.43%	9.84%	8.43%	6.59%
Free Cash Flow Margin	7.27%	3.85%	-2.75%	2.45%	-4.88%
EBITDA	775.4	670.7	539.1	678.5	492.5
EBITDA Margin	16.90%	15.38%	12.92%	17.69%	17.59%
D&A For EBITDA	168.1	125.8	120.6	123.4	125.4
EBIT	607.3	544.9	418.5	555.1	367.1
EBIT Margin	13.24%	12.49%	10.03%	14.47%	13.11%
Effective Tax Rate	19.85%	21.27%	-	4.37%	11.48%

Updated Feb 3, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q