ATI Inc.

ATINYSEIndustrials● Active

$179.44

+$1.97(+1.11%)

Market Cap$24.5B

P/E Ratio—

52W High$183.3

52W Low$70.42

Avg Volume1.9M

Open$178.70

Beta0.98

Overview

ATI Inc. (ATI) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ATI · free cash flow · updated Jun 8, 2026

Core FCF metrics

ATI · FCF · TTM · margin & CAGR

Free cash flow was $333.7M for FY2025 (fiscal year ending 2025-12-28), up 98.5% year-over-year The FCF margin was 7.3%. Five-year CAGR stands at +61.5%.

FY2025 Free Cash Flow$333.7M▲ +98.5% YoY

Trailing 12M (TTM)$552.5Mtrailing 4 quarters sum

FCF Margin7.3%$333.7M ÷ revenue

3-Year CAGR+52.5%FY2022 → FY2025

5-Year CAGR+61.5%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ATI · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$614.3M(281M)$333.7M▲ +98.5%7.3%

FY2024$407.2M(239M)$168.1M▲ +246.4%3.9%

FY2023$85.9M(201M)−$114.8M▼ 222.1%-2.8%

FY2022$224.9M(131M)$94.0M▲ +168.9%2.5%

FY2021$16.1M(153M)−$136.5M▼ 549.0%-4.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ATI · P/FCF · FCF yield · FCF per share

ATI Inc. (ATI) trades at a FCF yield of 2.28% and a price-to-free-cash-flow ratio of 45.0x. FCF per share stands at $3.99, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

2.28%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.99

TTM FCF ÷ Shares Outstanding

Price / FCF

x45.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x46.4

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-28

Cash flow statement summary

ATI · cash flow statement · operating / investing / financing

For FY2025, ATI Inc. generated $614.3M in operating cash flow and spent 281M in capital expenditures, yielding $333.7M in free cash flow.

Operating Activities

+$614.3M

Cash from core business operations

2025-12-28

Investing Activities

−$234.5M

CapEx, acquisitions & investments

2025-12-28

Financing Activities

−$699.9M

Buybacks, dividends & debt

2025-12-28

FCF FormulaOperating CF ($614.3M) − |CapEx| (281M) = FCF ($333.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

ATI vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

ATI Inc.YOU

ATI

$333.7M+98.5%7.3%

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

ATI Inc. (ATI) reported free cash flow of $333.7M for FY2025 (fiscal year ending 2025-12-28), up 98.5% year-over-year. The FCF margin was 7.3%.

Based on available data, ATI Inc. has maintained positive free cash flow for at least 8 fiscal year(s). FCF peaked at $333.7M in FY2025. The 5-year CAGR stands at +61.5%.

ATI Inc.'s FCF yield is 2.28% and price-to-FCF ratio is 45.0x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ATI free cash flow · 8 questions

ATI Inc. free cash flow was $333.7M for FY2025, up 98.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $552.5M.

ATI free cash flowATI FCFATI FCF 2025ATI free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · ATI Inc. · ATI Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026