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Allegheny Technologies

OverviewSuggest Edit

Allegheny Technologies (ATI) is a global manufacturer of technically advanced specialty materials and complex components. The company produces nickel-based alloys and superalloys, titanium and titanium-based alloys, specialty alloys, stainless steel, zirconium and other related alloys in many mill product forms. Its capabilities range from alloy development to melting and hot-working, through highly engineered finished components.
TypePublic
Founded1996
HQPittsburgh, PA, USMap
Websiteatimetals.com
Employee Ratings3.1More
Overall CultureD+More
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Latest Updates

Employees (est.) (Dec 2020)6,500(-19%)
Job Openings77
Revenue (FY, 2020)$3 B(-27%)
Share Price (Jul 2021)$21.3(+6%)
Cybersecurity ratingBMore

Key People/Management at Allegheny Technologies

Robert S. Wetherbee

Robert S. Wetherbee

President and Chief Executive Officer, Director
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, General Counsel, Chief Compliance Officer and Corporate Secretary
Timothy J. Harris

Timothy J. Harris

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

Kimberly A. Fields

Executive Vice President, Advanced Alloys & Solutions and High Performance Materials & Components
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Allegheny Technologies Office Locations

Allegheny Technologies has offices in Pittsburgh, Albany, Arlington, Billerica and in 43 other locations
Pittsburgh, PA, US (HQ)
6 PPG Pl
Albany, OR, US
1600 Old Salem Rd NE
Albany, OR, US
530 34th Ave SW
Arlington, VA, US
2345 Crystal Dr #803
Billerica, MA, US
12 Suburban Park Dr
Brackenridge, PA, US
100 River Rd
Show all (52)

Allegheny Technologies Financials and Metrics

Allegheny Technologies Revenue

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Allegheny Technologies's revenue was reported to be $2.98 b in FY, 2020
USD

Revenue (Q1, 2021)

692.5m

Gross profit (Q1, 2021)

85.8m

Gross profit margin (Q1, 2021), %

12.4%

Net income (Q1, 2021)

(2.4m)

EBIT (Q1, 2021)

31.8m

Market capitalization (29-Jul-2021)

2.7b

Closing stock price (29-Jul-2021)

21.3

Cash (31-Mar-2021)

541.7m

EV

3.8b
Allegheny Technologies's current market capitalization is $2.7 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

3.7b3.1b3.5b4.0b4.1b3.0b

Revenue growth, %

(16%)12%15%

Cost of goods sold

3.7b3.0b3.1b3.4b3.5b2.7b

Gross profit

60.3m162.5m449.0m630.3m637.8m292.8m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

757.5m810.5m770.5m865.9m880.2m869.1m979.0m1.0b1.0b1.0b1.1b1.0b955.5m770.3m692.5m

Cost of goods sold

790.7m762.3m720.3m753.1m767.9m775.8m830.4m835.8m859.8m873.7m902.7m859.0m820.7m695.6m559.9m606.7m

Gross profit

(33.2m)48.2m50.2m112.8m112.3m93.3m148.6m173.7m160.4m131.1m177.7m159.7m134.8m74.7m85.8m

Gross profit Margin, %

(4%)6%7%13%13%11%15%17%16%13%16%16%14%10%12%
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Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

149.8m229.6m141.6m382.0m490.8m

Accounts Receivable

400.3m452.1m545.3m527.8m554.1m

Prepaid Expenses

45.9m47.8m52.7m74.6m64.3m

Inventories

45.9m1.0b1.2b1.2b1.2b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

156.9m322.3m188.4m159.8m154.6m124.9m109.9m122.4m153.5m217.0m281.2m511.3m539.1m572.2m541.7m

Accounts Receivable

442.4m492.5m454.0m504.6m538.6m525.9m606.4m621.9m588.3m565.1m581.4m596.7m593.4m483.6m423.9m

Prepaid Expenses

35.1m43.3m40.8m46.3m30.7m52.2m86.1m80.2m1.2b92.7m140.4m108.1m

Inventories

1.2b1.1b1.1b1.1b1.1b1.1b1.2b1.3b1.2b1.3b1.2b1.2b1.2b1.1b1.0b
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Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(365.9m)(627.1m)(79.7m)236.7m270.1m(1.6b)

Depreciation and Amortization

189.9m170.3m160.8m156.4m151.1m143.3m

Inventories

201.2m234.7m(139.2m)(108.5m)25.4m158.2m

Accounts Payable

(211.3m)(51.2m)125.8m153.7m30.1m(230.5m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(98.1m)(113.6m)(640.8m)21.1m34.5m(84.9m)60.5m136.1m191.7m16.3m94.8m210.1m23.6m(396.3m)(443.3m)(2.4m)

Depreciation and Amortization

44.1m87.8m130.2m40.3m80.6m120.7m39.8m78.7m117.1m38.7m77.6m114.6m37.3m72.9m108.3m36.1m

Inventories

105.3m177.3m192.7m(14.9m)(39.2m)(64.1m)(108.4m)(151.8m)(137.2m)(43.3m)(36.6m)12.2m(25.8m)51.8m119.3m(50.8m)

Accounts Payable

(43.2m)(37.3m)(60.2m)47.2m58.2m56.2m79.8m84.3m71.0m(43.5m)(77.5m)(75.2m)(96.5m)(245.4m)(280.5m)34.1m
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USDFY, 2015

Revenue/Employee

404.3k

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.6 x
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Allegheny Technologies Operating Metrics

Allegheny Technologies's Backlog was reported to be $2.3b in Q3, 2019.
FY, 2015FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Backlog

$1.5 b$1.7 b$1.84 b$1.8 b$1.81 b$2.1 b$2.05 b$2.19 b$2.17 b$2.2 b$2.59 b$2.38 b$2.34 b

Backlog (HPMC)

$1.3 b$1.6 b$1.9 b$2 b

Backlog (FRP)

$200 m$100 m$200 m$200 m
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Allegheny Technologies Acquisitions / Subsidiaries

Company NameDateDeal Size
Addaero ManufacturingJuly 16, 2018
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
ATI Flat Rolled Products Holdings
ATI Ladish
ATI Operating Holdings
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Allegheny Technologies Revenue Breakdown

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Allegheny Technologies revenue breakdown by business segment: 57.7% from High Perfomance Materials & Components and 42.3% from Flat Rolled Products

Allegheny Technologies revenue breakdown by geographic segment: 58.0% from US, 21.7% from Europe, 14.9% from Asia and 5.4% from Other

Allegheny Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

Learn more about our premium products
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Allegheny Technologies Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Allegheny Technologies Online and Social Media Presence

Allegheny Technologies's Trends

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Allegheny Technologies Company Culture

  • Overall Culture

    D+

    62/100

  • CEO Rating

    C

    65/100

  • Compensation

    C-

    60/100

  • Diversity

    A-

    78/100

Learn more on Comparably

Allegheny Technologies News and Updates

August 14, 2018

Allegheny Technologies CEO Richard Harshman to retire, after 41 years at the company

Allegheny Technologies Inc. said Tuesday that Richard Harshman plans to retire after over seven years in the role, and 41 years at the company, to spend more time with his family. The specialty materials and components company said it appointed Robert Wetherbee, who joined ATI in April 214, as CEO,…

 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 6,500 employees.

  • What is Allegheny Technologies revenue?

    Latest Allegheny Technologies annual revenue is $3 b.

  • What is Allegheny Technologies revenue per employee?

    Latest Allegheny Technologies revenue per employee is $458.8 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, Arlington, Billerica and in 43 other locations.

  • How many offices does Allegheny Technologies have?

    Allegheny Technologies has 52 offices.