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Dec 29, 2024
ATI Q4 2024 Earnings Report
ATI reported Q4 2024 results, with sales increasing by 10% year-over-year and aerospace and defense sales representing 65% of total sales.
Key Takeaways
ATI Inc. reported strong Q4 2024 results, with sales of $1.17 billion and net income of $137.1 million. The company saw a 10% increase in sales compared to Q4 2023, driven by strong demand in the aerospace and defense markets. Full year sales reached $4.4 billion, the highest since 2012.
Q4 2024 sales increased by 10% compared to Q4 2023, reaching $1.2 billion.
Net income attributable to ATI for Q4 2024 was $137 million, or $0.94 per share.
Aerospace and defense sales accounted for 65% of Q4 2024 sales, up from 63% in Q4 2023.
Full year 2024 sales reached $4.4 billion, the highest since 2012.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
ATI is focused on staying agile as the aerospace and defense supply chain normalizes and geopolitical uncertainties evolve. The company believes it is positioned to deliver growth and margin expansion in 2025 and beyond.
Positive Outlook
- The Company is providing its first quarter and full year 2025 guidance in the table below:
- Q1 2025 Adjusted EBITDA is expected to be between $170M - $180M
- Full Year 2025 Adjusted EBITDA is expected to be between $800M - $840M
- Q1 2025 Adjusted Earnings Per Share is expected to be between $0.55 - $0.61
- Full Year 2025 Adjusted Earnings Per Share is expected to be between $2.80 - $3.00
Challenges Ahead
- Q1 2025 Free Cash Flow is expected to be $240M - $360M
- Full year 2025 capital expenditures are expected to be $260M - $280M
- Changes in global trade policies
- Geopolitical uncertainties evolve
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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