CluenexATI Inc ATI
ATI Inc scores average on business quality (4.8 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What ATI Inc does
ATI manufactures high-performance materials like titanium and specialty alloys, selling directly to aerospace and defense primes for critical jet engine and airframe components. The firm focuses on expanding its specialized melted products footprint to capture rising aerospace build rates.
- What it does best
ATI holds a dominant niche in high-temperature specialty alloys for aerospace, generating a 26.6% ROE that outpaces peers like LHX at 9.4%. High switching costs and complex qualification cycles protect this position from rapid displacement.
- The main risk
Operating with $1.3B in net debt creates balance sheet friction, leaving little room for error if aerospace demand cycles downwards.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin stands at 16.8% with an FCF margin near 11%, driven by higher-value alloy mix but capped by industrial cost pressures.
Customer switching costs form the primary moat, supported by a top-quartile ROE of 26.6% that reflects deep integration into aerospace supply chains.
Revenue grew 5.2% to $4.7B, continuing a steady multi-year recovery visible across historical annual summaries.
Total debt sits at $1.7B against $417M in cash, while free cash flow improved to $526M, showing moderate operational strengthening.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
1 sold $501K outside pre-planned sales.
Our sealed record on ATI
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
ATI Inc scores average on the Cluenex quality check (4.8 of 10), measured against its own industry. Profitability is fair, moat weak, growth slow and financial health fair.
In the last 90 days of SEC Form 4 filings: 1 sold $501K outside pre-planned sales.
Nov 3, 2026, before the open.
See ATI today
- Today's verdict on ATI, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “ATI Inc (ATI)”, https://cluenex.com/stocks/ati/, data as of Oct 10, 2026.