ATI Inc (ATI)
NYSE · Industrials · analysed November 9, 2026
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ATI Inc. is a global manufacturer of advanced specialty materials and complex components, specializing in titanium and titanium alloys, nickel-based superalloys, and precision forgings and castings. With industrial roots dating back to the early 20th century, the modern corporate entity was established in 1996 through the merger of Allegheny Ludlum and Teledyne. The company is currently focused on expanding its high-margin aerospace and defense operations, which represent the majority of its revenue, while investing in titanium and nickel production and downstream machining capacity to meet multi-year demand for next-generation commercial aircraft engines and defense programs.
Executive summary
ATI Inc. has successfully pivoted its product portfolio toward high-margin aerospace and defense applications, which now generate roughly 70% of total revenue. Operating as a qualified supplier of mission-critical nickel superalloys and premium titanium, the company benefits from strong pricing power, multi-year backlogs, and multi-year OEM certification barriers. With full-year 2026 earnings projected to expand more than 55% alongside rising jet-engine production rates, near-term operational momentum remains robust despite broader industrial multiple volatility.
Key figures
- Market cap
- $23.7B
- P/E, trailing
- 43.6
- P/E, next 12 months
- 28.7
- Revenue growth, fiscal year to Dec 2025
- 5.2%
- Net margin, fiscal year to Dec 2025
- 8.8%
Market cap and P/E as found on November 9, 2026.