OverviewSuggest Edit

Allegheny Technologies (ATI) is a company that manufactures integrated specialty materials and components. It operates through 2 segments: High Performance Materials & Components (HPMC) and Advanced Alloys & Solutions (AA&S). The HPMC segment produces specialty materials, parts, and components from metallic powder alloys, made from nickel-based alloys and superalloys, titanium and titanium-based alloys, and materials. The AA&S segment produces nickel-based alloys, specialty alloys, titanium and titanium-based alloys, and stainless steel in a form of plate, sheet, and proprietary PRS (Precision Rolled Strip) products. The company serves energy, aerospace, defense, automotive, and electronics markets.
TypePublic
Founded1996
HQPittsburgh, PA, US
Websiteatimetals.com
Employee Ratings2.9
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2021)6,300(-3%)
Job Openings256
Revenue (FY, 2021)$2.8 B(-6%)
Share Price (May 2022)$25.7
Cybersecurity ratingBMore
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Key People/Management at Allegheny Technologies

Robert S. Wetherbee

Robert S. Wetherbee

Board Chair, President and Chief Executive Officer
Lauren S. McAndrews

Lauren S. McAndrews

Vice President, Environmental Affairs and Sustainability and Assistant General Counsel
Don P. Newman

Don P. Newman

Senior Vice President, Finance and Chief Financial Officer
Elliot S. Davis

Elliot S. Davis

Senior Vice President, Chief Legal and Compliance Officer
Timothy J. Harris

Timothy J. Harris

Senior Vice President, Chief Digital and Information Officer
Kimberly A. Fields

Kimberly A. Fields

Executive Vice President and Chief Operating Officer
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Allegheny Technologies Office Locations

Allegheny Technologies has offices in Pittsburgh, Albany, Appleton, Arlington and in 43 other locations
Pittsburgh, PA, US (HQ)
6 PPG Pl
Albany, OR, US
1600 Old Salem Rd NE
Appleton, WI, US
3500 N Executive Dr
Arlington, VA, US
2345 Crystal Dr #803
Brackenridge, PA, US
100 River Rd
Bridgeview, IL, US
8687 S 77th Ave
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Allegheny Technologies Financials and Metrics

Allegheny Technologies Revenue

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Allegheny Technologies's revenue was reported to be $2.8 b in FY, 2021
USD

Revenue (FY, 2021)

2.8b

Gross profit (FY, 2021)

333.2m

Gross profit margin (FY, 2021), %

11.9%

Net income (FY, 2021)

(16.2m)

EBIT (FY, 2021)

117.6m

Market capitalization (13-May-2022)

3.3b

Closing stock price (13-May-2022)

25.7

Cash (31-Dec-2021)

687.7m

EV

4.4b
Allegheny Technologies's current market capitalization is $3.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

4.0b4.1b3.0b2.8b

Revenue growth, %

2%(28%)

Cost of goods sold

3.4b3.5b2.7b2.5b

Gross profit

630.3m637.8m292.8m333.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

1.0b1.1b1.0b955.5m770.3m598.0m692.5m616.2m725.7m

Cost of goods sold

873.7m902.7m859.0m820.7m695.6m559.9m606.7m573.5m643.2m

Gross profit

131.1m177.7m159.7m134.8m74.7m38.1m85.8m42.7m82.5m

Gross profit Margin, %

13%16%16%14%10%6%12%7%11%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

490.8m645.9m687.7m

Accounts Receivable

554.1m345.8m470.0m

Inventories

1.2b997.1m1.0b

Current Assets

2.3b2.1b2.3b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

639.0m539.1m572.2m541.7m472.5m1.0b

Accounts Receivable

593.4m483.6m388.0m423.9m362.2m502.0m

Inventories

1.2b1.1b1.0b1.0b1.1b1.1b

Current Assets

2.5b2.2b2.1b2.1b2.0b2.7b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

270.1m(1.6b)(16.2m)

Depreciation and Amortization

151.1m143.3m143.9m

Inventories

25.4m158.2m(53.9m)

Accounts Payable

30.1m(230.5m)88.5m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

23.6m(396.3m)(443.3m)(2.4m)(46.8m)8.4m

Depreciation and Amortization

37.3m72.9m108.3m36.1m72.4m108.0m

Inventories

(25.8m)51.8m119.3m(50.8m)(61.9m)(63.4m)

Accounts Payable

(96.5m)(245.4m)(280.5m)34.1m(24.9m)600.0k
USDFY, 2018

Revenue/Employee

459.8k
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Allegheny Technologies Operating Metrics

Allegheny Technologies's Backlog was reported to be $1.6b in Q2, 2021.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

Backlog

$2.2 b$2.59 b$2.38 b$2.34 b$2.3 b$2.1 b$1.5 b$1.44 b$1.4 b$1.5 b$1.6 b

Backlog (HPMC)

$2 b$1.8 b$1 b

Backlog (FRP)

$200 m

Backlog (AA&S)

$500 m$400 m
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Allegheny Technologies Acquisitions / Subsidiaries

Company NameDateDeal Size
Addaero ManufacturingJuly 16, 2018$10 m
Hanard MachineJune 13, 2014$20.5 m
Dynamic FlowformFebruary 10, 2014
LadishMay 09, 2011$897.6 m
J&L Specialty SteelJune 01, 2004$67 m
ALC Funding Corporation
Allegheny Ludlum, LLC
ATI Flat Rolled Products Holdings LLC
ATI Ladish LLC
ATI Operating Holdings, LLC
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Allegheny Technologies Revenue Breakdown

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Allegheny Technologies revenue breakdown by business segment: 58.7% from Advanced Alloys & Solutions and 41.3% from High Perfomance Materials & Components

Allegheny Technologies revenue breakdown by geographic segment: 21.2% from Asia, 17.0% from Europe, 54.8% from US and 7.0% from Other

Allegheny Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Allegheny Technologies Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Allegheny Technologies Online and Social Media Presence

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Allegheny Technologies Company Culture

  • Overall Culture

    C-

    62/100

  • CEO Rating

    C-

    63/100

  • Compensation

    C-

    59/100

  • Diversity

    A

    79/100

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Allegheny Technologies News and Updates

ATI Announces First Quarter 2022 Results

Allegheny Technologies Incorporated (NYSE: ATI) reported first quarter 2022 results, with sales of $834.1 million and net income attributable to ATI of $30.9 million, or $0.23 per share. First quarter 2022 results include a $25.1 million partial non-cash loss on the pending sale of the Sheffield, U…

ATI is proud to be a part of the U.S. Reactor Forging Consortium

ATI is proud to be a part of the U.S. Reactor Forging Consortium (RFC) and to collaborate with NuScale Power to leverage the existing U.S. supply chain in preparation for globally deploying SMR technology.

ATI is proud to be part of Team DEFIANT

As a supplier to the new DEFIANTX program, we're building on our decades-long partnership of technical expertise and supply chain reliability.

ATI Announces Webcast for First Quarter 2022 Results

Allegheny Technologies Incorporated (NYSE: ATI) will provide live Internet listening access to its conference call with the financial community scheduled for Wednesday, May 4, 2022 at 10:30 a.m. ET. The conference call will be conducted after the Company's planned release of first quarter results. …

ATI Accelerating Strategy To Become An Aerospace & Defense Materials Leader

Allegheny Technologies Incorporated (NYSE: ATI) conducted an investor event earlier today, covering a broad array of strategic topics and providing long-term financial targets

ATI Announces Fourth Quarter 2021 Results

Allegheny Technologies Incorporated (NYSE: ATI) reported fourth quarter 2021 results, with sales of $765.4 million and a net loss attributable to ATI of $29.8 million, or $(0.23) per share. Adjusted earnings were $0.25 per share, and adjusted EBITDA was $94.7 million, or 12.4% of sales.
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Allegheny Technologies Frequently Asked Questions

  • When was Allegheny Technologies founded?

    Allegheny Technologies was founded in 1996.

  • Who are Allegheny Technologies key executives?

    Allegheny Technologies's key executives are Robert S. Wetherbee, Lauren S. McAndrews and Don P. Newman.

  • How many employees does Allegheny Technologies have?

    Allegheny Technologies has 6,300 employees.

  • What is Allegheny Technologies revenue?

    Latest Allegheny Technologies annual revenue is $2.8 b.

  • What is Allegheny Technologies revenue per employee?

    Latest Allegheny Technologies revenue per employee is $444.4 k.

  • Who are Allegheny Technologies competitors?

    Competitors of Allegheny Technologies include SPS Technologies, Soucy and ALCONIX.

  • Where is Allegheny Technologies headquarters?

    Allegheny Technologies headquarters is located at 6 PPG Pl, Pittsburgh.

  • Where are Allegheny Technologies offices?

    Allegheny Technologies has offices in Pittsburgh, Albany, Appleton, Arlington and in 43 other locations.

  • How many offices does Allegheny Technologies have?

    Allegheny Technologies has 51 offices.