ATKR Atkore Inc.

Overview and Growth

In fiscal 2025, Atkore Inc. recorded $2.85B of revenue, net loss of $15.18M, and an operating cash inflow of $402.76M. Revenue of $2.85B sets the scale for evaluating how effectively sales translated into profit and cash during the year. The top line contracted 11.0% from $3.20B in fiscal 2024; this top-line contraction left the company with a smaller revenue base. The company reported diluted EPS of -$0.45, adding a shareholder-level measure to the absolute income figures considered below. The per-share result recorded a 103.5% decrease from fiscal 2024 diluted EPS of $12.69. Asset turnover was 1.0x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

The first profit layer was $676.09M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 23.7%, so that share of each revenue unit remained after the cost of revenue reported for the period. The reported operating result was $23.17M, capturing profitability after direct costs and the operating expenses reflected in the statements. The operating result equaled 0.8% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. After all below-operating-line items, the company recorded a net loss of $15.18M for the fiscal year. Measured against revenue, the bottom-line deficit represented 0.5% after all recognized items. The company reported a pretax loss of $18.59M, before the effect of income taxes. Measured against revenue, the pretax deficit represented 0.7%. The company recognized an income-tax benefit of $3.42M, increasing after-tax earnings relative to the pretax result. The net loss equaled 1.1% of period-end equity, showing the deficit relative to book capital.

Liquidity and Capital Structure

At period end, the $2.85B asset base was financed through $1.45B of liabilities and $1.40B of equity. At period end, current assets of $1.60B compared with current liabilities of $524.52M, defining the company’s short-term resource position. At 3.05x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Reported cash and equivalents were $506.70M, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 96.6% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. The company carried $760.53M of total debt at period end, which frames its leverage and debt-service burden. The debt-to-equity relationship was 0.54x, showing how much debt the company carried for each unit of book equity. Debt represented 26.7% of total assets, placing borrowing in the context of the company’s full resource base. Relative to total assets, liabilities measured 51.0%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 17.8%, comparing reported cash and equivalents with the full positive asset balance. The asset base changed 5.6% from $3.02B in fiscal 2024, leaving current total assets lower year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $402.76M, a reported cash inflow that can be compared directly with net income and capital spending. Capital expenditures used $107.11M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Relative to operating cash flow, capital expenditures measured 26.6%, connecting investment intensity with the company’s cash-generation base. The combination of operating cash flow and capital spending produced $295.65M of positive free cash flow for the period. The free-cash-flow margin was 10.4%, measuring cash remaining after capital spending against revenue. Measured against total assets, free cash flow represented 10.4%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Sep 30, 2025. Analysis generated Oct 21, 2026.