Atkore International ( (ATKR) ) has released its Q4 earnings. Here is a breakdown of the information Atkore International presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Atkore International is a leading manufacturer in the electrical products sector, catering to commercial, industrial, and telecommunications markets, known for its sustainable solutions in electrification and digital transformation. In its latest earnings report, Atkore announced a challenging fiscal year 2025, with net sales declining to $2.85 billion from $3.2 billion in the previous year, and a net loss of $15.2 million compared to a net income of $472.9 million in fiscal 2024. The company faced significant impairments and reduced operating income, impacting its financial performance.
Key financial metrics revealed a decrease in adjusted EBITDA by nearly 50% to $386.4 million, primarily due to lower operating income and asset impairments. The Electrical segment saw an 8.1% drop in net sales, while the Safety & Infrastructure segment experienced a 4% increase. Despite these challenges, Atkore managed to provide $402.8 million in cash from operating activities and returned $144 million to shareholders through share repurchases and dividends.
Looking ahead, Atkore’s management remains optimistic, projecting net sales between $3.0 billion and $3.1 billion for fiscal 2026, with adjusted EBITDA expected to range from $340 million to $360 million. The company is focused on maximizing shareholder value through strategic reviews and is well-positioned to meet anticipated market demand growth in key electrical end markets.