NYSE$ATI
ATI Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
ATI reported strong growth and profit margin expansion as aerospace recovery accelerated.
Allegheny Technologies Incorporated 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. Generated $261 million of fourth quarter operating cash flow.
- Sales of $765.4 million, 16% higher than the fourth quarter 2020
- Operating income more than doubled compared to third quarter 2021
- Adjusted net income of $33.6 million, and adjusted EPS of $0.25 excluding $66 million debt extinguishment charge and restructuring adjustments
- Generated $261 million of fourth quarter operating cash flow
Headline financials
Revenue & EPS history
ATI · Revenue · Quarterly
$765M
Revenue by segment
ATI · $314M total across 1 segment · Q4 2021
- HPMC$314M+41.1%100.0%
Forward guidance
Looking ahead to the first quarter, we anticipate strong year-over-year revenue and earnings growth primarily driven by the ongoing commercial aerospace recovery and our business transformation efforts. We expect normal seasonal cash outflows, including deploying working capital to meet increased demand requirements
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
+2.5%
Avg return
Earnings day
+5.3%
Avg return
5 days after
+9.2%
Avg return
30 days after
60%
43 / 72 earnings
Positive
+28.8%
Q4 2016
Best reaction
-19.8%
Q3 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +6.7% | +6.2% | +19.8% | |
| Q4 2025 | +4.3% | +9.7% | +26.6% | |
| Q3 2025 | +7.1% | +7.9% | +9.4% | |
| Q1 2025 | +14.5% | +26.5% | +46.5% | |
| Q4 2024 | +9.9% | +8.3% | -1.2% | |
| Q3 2024 | -14.3% | -15.5% | -4.9% | |
| Q2 2024 | -2.6% | +2.2% | -1.7% | |
| Q1 2024 | +13.4% | +12.1% | +17.9% | |
| Q4 2023 | -4.2% | -4.5% | +20.5% | |
| Q3 2023 | +11.7% | +13.9% | +15.3% | |
| Q2 2023 | -5.9% | -5.1% | -1.7% | |
| Q1 2023 | -3.1% | -0.7% | +2.1% | |
| Q4 2022 | +9.1% | +8.4% | +16.4% | |
| Q3 2022 | -12.1% | -6.5% | +0.1% | |
| Q2 2022 | +14.5% | +17.3% | +17.3% | |
| Q1 2022 | -4.7% | -8.3% | -2.1% | |
| Q4 2021 | +19.4% | +22.0% | +38.5% | |
| Q3 2021 | +7.8% | +8.6% | +1.5% | |
| Q2 2021 | -6.3% | -1.3% | -8.7% | |
| Q1 2021 | -3.2% | -2.0% | +1.9% | |
| Q4 2020 | -6.5% | +0.1% | +8.0% | |
| Q3 2020 | +11.4% | +21.2% | +72.8% | |
| Q2 2020 | +3.6% | +2.9% | -1.0% | |
| Q1 2020 | +3.9% | +15.1% | +54.0% | |
| Q4 2019 | +13.5% | +14.1% | -4.8% | |
| Q3 2019 | +16.0% | +18.9% | +20.2% | |
| Q2 2019 | -6.7% | -9.0% | -26.9% | |
| Q1 2019 | -4.9% | -2.3% | -14.5% | |
| Q4 2018 | +3.8% | +4.6% | +12.6% | |
| Q3 2018 | -6.7% | -5.8% | -2.8% | |
| Q2 2018 | +6.6% | +5.1% | -4.0% | |
| Q1 2018 | +4.5% | +4.2% | +8.6% | |
| Q4 2017 | +2.0% | +1.1% | -5.5% | |
| Q3 2017 | +2.8% | +3.8% | -6.1% | |
| Q2 2017 | +9.3% | +10.4% | +21.2% | |
| Q1 2017 | +4.7% | +1.4% | -11.2% | |
| Q4 2016 | +28.8% | +28.5% | +13.5% | |
| Q3 2016 | -19.8% | -23.5% | +1.1% | |
| Q2 2016 | +18.7% | +17.7% | +11.1% | |
| Q1 2016 | -0.5% | — | — | |
| Q4 2015 | +9.1% | — | — | |
| Q3 2015 | -19.8% | — | — | |
| Q2 2015 | -18.0% | — | — | |
| Q1 2015 | +13.2% | — | — | |
| Q4 2014 | +1.7% | — | — | |
| Q3 2014 | -2.5% | — | — | |
| Q2 2014 | -7.8% | — | — | |
| Q1 2014 | -0.1% | — | — | |
| Q4 2013 | -3.4% | — | — | |
| Q3 2013 | +2.4% | — | — | |
| Q2 2013 | -1.1% | — | — | |
| Q1 2013 | -1.3% | — | — | |
| Q4 2012 | -1.2% | — | — | |
| Q3 2012 | -13.5% | — | — | |
| Q2 2012 | +0.7% | — | — | |
| Q1 2012 | +7.6% | — | — | |
| Q4 2011 | -0.9% | — | — | |
| Q3 2011 | +3.8% | — | — | |
| Q2 2011 | -9.3% | — | — | |
| Q1 2011 | -0.6% | — | — | |
| Q4 2010 | -3.2% | — | — | |
| Q3 2010 | +5.2% | — | — | |
| Q2 2010 | +1.2% | — | — | |
| Q1 2009 | +10.3% | — | — | |
| Q1 2010 | +0.6% | — | — | |
| Q4 2009 | +1.6% | — | — | |
| Q3 2009 | +3.7% | — | — | |
| Q3 2008 | +3.7% | — | — | |
| Q4 2008 | +12.4% | — | — | |
| Q2 2009 | +12.4% | — | — | |
| Q2 2008 | +12.4% | — | — | |
| Q4 2007 | +12.4% | — | — |
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