ATIATI Inc.

$212.65

Is it safe?

Can ATI take a bad year?

ATI Inc. carries $1.41B of net debt at 1.58× EBITDA: a load its earnings can carry.

$1.41B

Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
1.58×

Net debt / EBITDA · 1.92× a year ago · the load is coming down

Altman Z-score
6.97

Altman Z-score · safe zone, above 3

Debt / equity
1.17×

Debt / equity

Details
Total debtQ2 2026
$2.19B
Cash and short-term investments
$783M
Net debt
$1.41B
EBITDA, trailing twelve months
$892M
Operating profit, trailing twelve months
$717M
Debt / equity
1.17×
Total debt / EBITDA
2.46×
Annualised volatilitytwo years of daily moves
45%
Worst drawdown on file
−82%
Below its 52-week high
−8.3%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.