NATLNCR Atleos Corp
Calculating & Accounting Machines (no Electronic Computers)
- Revenue
- $4.4B
- 1.1% YoY
- Operating margin
- 11.0%
- 8.2% YoY
- EBITDA
- $755M
- 4.3% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 3.0×
- $2.3B 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 cashClear220% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear8% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear35% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $3.5B | $4.1B | $4.2B | $4.3B | $4.4B | 1.1% |
| Operating income | $248M | $258M | $263M | $437M | $478M | 9.4% |
| Net income | $186M | $99M | −$150M | $80M | $162M | 102% |
| Operating cash flow | $449M | $274M | $355M | $344M | $356M | 3.5% |
| Capex | $80M | $58M | $108M | $87M | $117M | 34% |
| Stock-based comp | $82M | $66M | $68M | $38M | $34M | 11% |
| Buybacks | — | — | $0 | $0 | $28M |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.