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Sep 30, 2024
Atkore Q4 2024 Earnings Report
Atkore's Q4 2024 financial performance was marked by a decrease in net sales and net income compared to the prior year period, driven by lower average selling prices, though partially offset by higher sales volume in certain segments.
Key Takeaways
Atkore Inc. reported a decrease in net sales to $788.3 million and net income to $73.1 million for the fourth quarter of 2024. The decrease was primarily due to lower average selling prices, though partially offset by higher sales volume. The company remains focused on strategic initiatives and capital allocation.
Net sales decreased by $81.6 million to $788.3 million compared to the prior year period.
Net income decreased by $67.8 million to $73.1 million compared to the prior year period.
Adjusted EBITDA decreased by $91.8 million to $140.2 million compared to the prior year period.
Net income per diluted share decreased to $2.02 from $3.63 in the prior year period.
Atkore
Atkore
Atkore Revenue by Segment
Revenue by Segment
Electrical Revenue
CapyFin.comSafety & Infrastructure Revenue
CapyFin.com Forward Guidance
Atkore expects full-year 2025 net sales to be in the range of $2.9 - $3.2 billion, Adjusted EBITDA to be in the range of $475 - $525 million, and Adjusted net income per diluted share to be in the range of $7.80 - $8.90.
Revenue & Expenses
Visualization of income flow from segment revenue to net income