ATIATI INC
Steel Pipe & Tubes
- Revenue
- $4.6B
- 5.2% YoY
- Operating margin
- 14.0%
- 0.1% YoY
- EBITDA
- $809M
- 6.4% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.7×
- $1.4B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear152% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear77% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear4% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.8B | $3.8B | $4.2B | $4.4B | $4.6B | 5.2% |
| Operating income | $118M | $287M | $466M | $609M | $641M | 5.3% |
| Net income | −$38M | $131M | $411M | $368M | $404M | 9.9% |
| Operating cash flow | $16M | $225M | $86M | $407M | $614M | 51% |
| Capex | $153M | $131M | $201M | $239M | $281M | 17% |
| Stock-based comp | $21M | $26M | $29M | $34M | $29M | 15% |
| Buybacks | $0 | $140M | $85M | $260M | $470M | 81% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $13M · 6
- Net
- −$13M
Pay vs performance
No pay-versus-performance disclosure yet.