# ATI Inc. (ATI) · Edgar & Edgarette company card

> Ati (ATI) grew revenue 5.2% in FY2025 to $4.6 billion, operating margin 14.0% against a 6.8% median for steel pipe & tubes, equity 35.4% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1018963 · fiscal year ended 2025-12-28 · 5 audited years read · [page](https://www.pops4.com/boards/company/ATI) · [JSON](https://www.pops4.com/boards/company/ATI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $4.6B |
| Revenue growth, 1 year | 5.2% |
| Revenue growth per year | 6.2% |
| Operating margin | 14.0% (prior year 14.0%) |
| Net margin | 9.1% |
| Operating cash flow | $614M |
| Capital spending | $281M |
| Free cash flow | $334M |
| Cash | $417M |
| Long-term debt | $1.7B |
| Total assets | $5.1B |
| Total equity | $1.8B |
| Equity ÷ assets | 35.4% |
| Return on equity | 23.2% |
| Dividend per share | $0 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 3.89 (safe zone)
- Piotroski F: 8 of 9 (strong)
- Beneish M: -2.72 (below the −1.78 line)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $4.6B (FY2025), total debt $1.7B. Experience: revenue up 5.2% on the year, up 6.2% a year over 3 years; operating margin 14.0%, up from 14.0%. Soundness: equity 35.4% of assets, return on equity 23.2%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $4.3B and $5.2B next year (method v4.1: its own 3-year record of growth weighed at 40% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $4.0B to $5.6B. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, its industry group): operating margin 14.0% against a 6.8% median; growth 5.2% against 5.7%.

Range logged 2026-10-30, receipt e7e7ee340e3d95e3, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2025-12-08 ([filing](https://www.sec.gov/Archives/edgar/data/1018963/000119312525310681/0001193125-25-310681-index.htm))

## Recent filings

- 10-Q · filed 2026-10-29 · [filing](https://www.sec.gov/Archives/edgar/data/1018963/000162828026068145/0001628280-26-068145-index.htm)
- 8-K · filed 2026-10-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1018963/000101896326000004/0001018963-26-000004-index.htm)
- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/1018963/000162828026054233/0001628280-26-054233-index.htm)
- 8-K · filed 2026-08-06 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1018963/000162828026053856/0001628280-26-053856-index.htm)
- 8-K · filed 2026-06-08 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1018963/000119312526261769/0001193125-26-261769-index.htm)
- 8-K · filed 2026-06-03 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1018963/000119312526255755/0001193125-26-255755-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001018963.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1018963

## Cite

POPS4, Edgar & Edgarette: ATI Inc. (ATI) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/ATI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.