Atkore International Group (ATKR) AI Stock Analysis

• Market Cap: $2.31B
• Dividend Yield: 2.02%
• Average Volume (3M): 332.41K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.29
• Revenue Growth: -10.98%
• EPS Growth: -103.99%
• Country: US
• Employees: 5,264
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 0.69
• Shares Outstanding: 33,750,640
• 10 Day Avg. Volume: 356,679
• 30 Day Avg. Volume: 332,413
• PEG Ratio: 1.36
• Price to Book (P/B): 1.53
• Price to Sales (P/S): 0.75
• P/FCF Ratio: 7.22
• Enterprise Value/Market Cap: 1.19
• Enterprise Value/Revenue: 0.96
• Enterprise Value/Gross Profit: 4.32
• Enterprise Value/Ebitda: 15.88
• 1Y Price Target: $66.33
• Price Target Upside: -5.69% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 52 Neutral
• Price Target: $72.00 ▲(2.37% Upside)

Atkore's overall stock score reflects significant challenges in financial performance, particularly in profitability and valuation. The earnings call provided some positive insights into strategic growth and cash flow generation, but the technical analysis suggests potential bearish momentum. The company's efforts to manage leverage and explore strategic alternatives are positive steps, but the negative P/E ratio and recent losses weigh heavily on the score.

Positive Factors

Consistent organic volume growth

Three consecutive years of organic volume growth show durable end-market demand and execution on core products. Sustained volume gains support operational leverage, steady revenue base, and help offset cyclical construction swings, underpinning long-term revenue stability.

Improved leverage profile

A materially lower debt-to-equity ratio and reported balance sheet improvement reduce refinancing and solvency risk. Stronger leverage gives the company more financial flexibility for capex, buybacks, or strategic transactions and improves resilience to industry downturns.

Solid free cash flow and capital returns

Positive free cash flow growth and demonstrated capital returns reflect durable cash-generation ability. Reliable FCF supports deleveraging, targeted reinvestment in core electrical infrastructure, and gives management optionality for restructuring or strategic M&A over the medium term.

Negative Factors

Declining revenue and margin compression

Sustained revenue declines and a sharp drop in gross margin indicate worsening price-cost dynamics or loss of product mix advantage. Persistent margin erosion reduces reinvestment capacity and long-term returns, risking competitiveness unless structural cost or pricing issues are resolved.

Significant impairment charges and net loss

Large noncash impairments signal prior overinvestment or weaker-than-expected cash flows in certain businesses. They reduce book value and may indicate permanent asset underperformance, undermining investor confidence and limiting capacity to finance growth without further restructuring.

Operational restructuring and strategic uncertainty

Facility closures and an ongoing strategic review create execution and transition risk. While aimed at improving returns, such actions can disrupt supply, raise one-time costs, and create management distraction; outcomes of the strategic review could materially change long-term strategy and operations.

Atkore International Group Business Overview & Revenue Model

Company Description

Atkore Inc. manufactures and sells electrical, safety, and infrastructure products in the United States and internationally. The company offers electrical products, including conduits cables, and installation accessories. It also provides safety and infrastructure solutions, such as metal framing, mechanical pipe, perimeter security, and cable management. The company offers its products under the Allied Tube & Conduit, AFC Cable Systems, Kaf-Tech, Heritage Plastics, Unistrut, Power-Strut, Cope, US Tray, FRE Composites, Calbond, and Calpipe brands. It serves a group of end markets, including new construction; maintenance, repair, and remodel, as well as infrastructure; diversified industrials; alternative power generation; healthcare; data centers; and government through electrical, industrial, and mechanical contractors, as well as original equipment manufacturers. The company was formerly known as Atkore International Group Inc. and changed its name to Atkore Inc. in February 2021. Atkore Inc. was founded in 1959 and is headquartered in Harvey, Illinois.

How the Company Makes Money

Atkore International Group generates revenue through the sale of its core products across several sectors, including electrical, mechanical, and plumbing. Key revenue streams include the manufacturing and distribution of electrical conduit systems, fittings, and accessories, which cater to commercial, industrial, and residential construction markets. Additionally, Atkore's mechanical and plumbing products contribute significantly to its earnings. The company benefits from strategic partnerships with distributors and wholesalers, ensuring a broad reach in the marketplace. Factors such as the increasing demand for construction materials, infrastructure development, and a focus on sustainable building practices further enhance Atkore's revenue potential.

Atkore International Group Financial Statement Overview

Summary

Atkore International Group faces challenges with declining revenue and profitability, as reflected in the income statement. While the balance sheet shows improved leverage, the lack of return on equity is concerning. Cash flow remains a relative strength, with positive free cash flow growth. The company needs to address its profitability issues to improve its financial health.

Income Statement

Atkore International Group's income statement shows a concerning trend with declining revenue and profitability. The revenue has decreased over the past few years, with a negative growth rate of -1.26% in the latest year. Gross profit margin has also decreased from 41.90% in 2022 to 23.72% in 2025, indicating reduced efficiency in production or increased costs. The net profit margin turned negative in 2025, reflecting a net loss, which is a significant concern for profitability. The EBIT and EBITDA margins have also declined sharply, suggesting operational challenges.

Balance Sheet

The balance sheet reflects a moderate financial position. The debt-to-equity ratio has improved from 0.93 in 2021 to 0.62 in 2024, indicating better leverage management. However, the return on equity has decreased significantly from 73.09% in 2022 to 0% in 2025, highlighting a decline in profitability relative to shareholder equity. The equity ratio remains stable, suggesting a balanced asset financing structure, but the lack of return on equity is a notable weakness.

Cash Flow

Cash flow analysis shows some positive aspects, with a 12.95% growth in free cash flow in 2025, indicating improved cash generation capabilities. The operating cash flow to net income ratio is not available for 2025 due to negative net income, but previous years show a healthy ratio, suggesting efficient cash conversion. The free cash flow to net income ratio is also unavailable for 2025, but historical data indicates a strong cash flow relative to net income.

Breakdown	TTM	Dec 2025	Dec 2025	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	2.85B	―	2.85B	3.20B	3.52B	3.91B
Gross Profit	634.17M	―	634.17M	1.02B	1.28B	1.60B
EBITDA	172.66M	―	174.52M	774.03M	1.02B	1.33B
Net Income	-15.18M	―	-15.18M	472.87M	689.90M	913.43M
Balance Sheet
Total Assets	2.85B	―	2.85B	3.02B	2.94B	2.60B
Cash, Cash Equivalents and Short-Term Investments	506.70M	―	506.70M	351.38M	388.11M	388.75M
Total Debt	904.83M	―	928.09M	951.20M	890.76M	832.30M
Total Liabilities	1.45B	―	1.45B	1.48B	1.47B	1.35B
Stockholders Equity	1.40B	―	1.40B	1.54B	1.47B	1.25B
Cash Flow
Free Cash Flow	297.69M	―	295.65M	399.17M	588.75M	651.06M
Operating Cash Flow	404.80M	―	402.76M	549.03M	807.63M	786.84M
Investing Cash Flow	-85.55M	―	-85.55M	-154.34M	-302.15M	-442.80M
Financing Cash Flow	-162.49M	―	-160.45M	-435.28M	-506.78M	-524.21M

Atkore International Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 70.33
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ATKR, the sentiment is Positive. The current price of 70.33 is above the 20-day moving average (MA) of 69.21, above the 50-day MA of 66.26, and above the 200-day MA of 65.42, indicating a bullish trend. The MACD of 1.43 indicates Positive momentum. The RSI at 55.06 is Neutral, neither overbought nor oversold. The STOCH value of 29.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ATKR.

Atkore International Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENS	79 Outperform	$6.68B	21.16	18.22%	0.67%	6.17%	20.86%
POWL	78 Outperform	$5.38B	29.85	32.17%	0.32%	9.08%	19.86%
NVT	76 Outperform	$18.42B	31.45	8.57%	0.84%	5.31%	5.76%
AEIS	73 Outperform	$9.96B	69.39	11.80%	0.18%	17.18%	235.76%
PLPC	69 Neutral	$1.22B	32.87	8.33%	0.35%	15.93%	12.72%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ATKR	52 Neutral	$2.31B	-133.78	-1.11%	2.02%	-10.98%	-103.99%

Atkore International Group Corporate Events

Atkore Announces Strategic Review with Irenic Capital

On November 20, 2025, Atkore Inc. announced a cooperation agreement with Irenic Capital Management to expand its Board of Directors and form a Strategic Review Committee. This agreement includes appointing Franklin S. Edmonds, Jr. to the Board and considering strategic alternatives, including a potential sale or merger of the company, to maximize shareholder value. The cooperation agreement also involves Irenic withdrawing its director nomination notice for the 2026 Annual Meeting and agreeing to certain standstill and voting commitments. The strategic review aims to strengthen Atkore’s business by focusing on its core electrical infrastructure and improving cost structures, with no set deadline for completion. The appointment of Franklin Edmonds and Bruce Taten as a special advisor is expected to provide valuable insights during this process.

The most recent analyst rating on (ATKR) stock is a Hold with a $61.00 price target. To see the full list of analyst forecasts on Atkore International Group stock, see the ATKR Stock Forecast page.

Atkore Reports Q4 2025 Financial Results with Net Loss

Atkore Inc. reported its financial results for the fourth quarter and fiscal year 2025, revealing a decline in net sales and a net loss compared to the previous year. The company faced a net loss of $54.4 million for the fourth quarter, largely due to non-cash impairments and increased costs, while net sales decreased to $752.0 million. For the fiscal year, net sales were $2,850.4 million with a net loss of $15.2 million, reflecting challenges such as pricing normalization and higher raw material costs. Despite these setbacks, Atkore returned $144 million to shareholders through share repurchases and dividends and took steps to enhance financial flexibility by refinancing debt. The company remains optimistic about future market demand in key electrical sectors and has expanded its strategic review to maximize shareholder value.

The most recent analyst rating on (ATKR) stock is a Hold with a $61.00 price target. To see the full list of analyst forecasts on Atkore International Group stock, see the ATKR Stock Forecast page.