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Investor Relations

ATI: Creating Value Every Day

What distinguishes ATI as a significant opportunity for value creation? Chief Financial Officer Don Newman shares what gives us confidence -- in our financial growth, increasing returns and expanding cash generation – all toward demonstrating that ATI is proven to perform for our customers and our shareholders. Watch the video.

Corporate Overview

Solving the World’s Challenges Through Materials Science

ATI (NYSE: ATI) is a $4.2 billion global producer of high performance materials and solutions for the global aerospace and defense markets, and critical applications in electronics, medical and specialty energy. We're solving the world's most difficult challenges through materials science. We partner with our customers to deliver extraordinary materials that enable their greatest achievements: their products fly higher and faster, burn hotter, dive deeper, stand stronger and last longer.

Our proprietary process technologies, unique customer partnerships and commitment to innovation deliver materials and solutions for today and the evermore challenging environments of tomorrow. We are proven to perform anywhere.

Why Invest

Long runway for EBITDA growth and margin expansion
  • Well-positioned to support ramping next-gen Commercial Aerospace growth and expanding Defense opportunities
  • Targeting 65% total Aerospace & Defense mix
  • Bolstered by growth in ‘aero-like’ markets including Electronics, Medical, Specialty Energy
Robust 2025 & 2027 Targets
  • By 2025:
    • $4.5B - $4.6B Sales,
    • $0.8B - $0.9B EBITDA
    • 18% - 20% EBITDA Margin
  • By 2027:
    • $5.2B - $5.4B Sales
    • $1.0 - $1.2B EBITDA
    • 19% - 21% EBITDA Margin

  • >90% adj. net income to free cash flow conversion
  • <30% managed working capital as a percent of sales
Disciplined capital allocation strategy
  • Strong balance sheet provides flexibility to increase shareholder value
  • Targeting and investing in organic, 30%+ incremental margin growth opportunities
  • No debt maturities until 2025, pension fully funded
  • Over $350M in share repurchases since 2021
Durable competitive advantage built and reinforced over decades
  • Derived from a unique combination of capabilities and advanced process technologies
  • Built on a foundation of relentlessly innovative ATI people

Q3

2024

Latest Quarterly Results

Earnings Release

Presentation

Webcast

Transcript
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