Atkore International Group (ATKR) AI Stock Analysis

• Market Cap: $2.16B
• Dividend Yield: 2.06%
• Average Volume (3M): 543.58K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.37
• 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: 511,272
• 30 Day Avg. Volume: 543,583
• 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: 1.17
• Enterprise Value/Revenue: 0.89
• Enterprise Value/Gross Profit: 4.00
• Enterprise Value/Ebitda: 14.69
• 1Y Price Target: $65.33
• Price Target Upside: 2.51% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4
• EPS Forecast (FY): 5.18
• Revenue Forecast (FY): $3.01B

• Rating: 52 Neutral
• Price Target: $64.00 ▲(0.42% 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

Strong Cash Flow Generation

Atkore's ability to generate strong cash flow allows it to return significant capital to shareholders, indicating robust cash generation and financial health.

Strategic Review and Board Expansion

The strategic review and board expansion aim to enhance Atkore's focus on core infrastructure and improve cost structures, potentially leading to better long-term performance.

Improved Leverage Management

Improved leverage management strengthens Atkore's balance sheet, providing greater financial stability and flexibility for future investments.

Negative Factors

Declining Revenue and Profitability

The decline in revenue and profitability indicates operational challenges and reduced market competitiveness, impacting long-term growth prospects.

Net Loss and Impairment Charges

Significant impairment charges and net loss reflect financial strain and asset devaluation, posing risks to Atkore's future profitability and asset management.

Facility Closures

Closing facilities to reduce costs may disrupt operations and supply chain, potentially affecting Atkore's ability to meet market demand and maintain efficiency.

Atkore International Group Business Overview & Revenue Model

Company Description

Atkore International Group (ATKR) is a leading manufacturer and distributor of electrical, mechanical, and plumbing products, primarily serving the construction and industrial sectors. The company specializes in providing a wide range of products including electrical conduit, fittings, and accessories, as well as mechanical and plumbing products. With a focus on innovation and quality, Atkore delivers solutions that enhance electrical safety, efficiency, and sustainability in various applications.

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's financial performance is challenged by declining revenue and profitability, as indicated by a negative growth rate and reduced margins. While the balance sheet shows improved leverage, the lack of return on equity is concerning. Cash flow is a relative strength with positive free cash flow growth.

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: Negative
• Last Price: 63.73
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• 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 Negative. The current price of 63.73 is below the 20-day moving average (MA) of 64.24, below the 50-day MA of 65.31, and below the 200-day MA of 64.39, indicating a bearish trend. The MACD of -0.16 indicates Positive momentum. The RSI at 46.76 is Neutral, neither overbought nor oversold. The STOCH value of 29.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ATKR.

Atkore International Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENS	77 Outperform	$5.35B	16.93	18.22%	0.72%	6.17%	20.86%
POWL	76 Outperform	$4.02B	22.39	32.17%	0.34%	9.08%	19.86%
NVT	76 Outperform	$16.52B	28.22	8.57%	0.84%	5.31%	5.76%
PLPC	69 Neutral	$1.08B	29.26	8.33%	0.35%	15.93%	12.72%
AEIS	67 Neutral	$8.12B	56.60	11.80%	0.20%	17.18%	235.76%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ATKR	52 Neutral	$2.16B	-121.23	-1.11%	2.06%	-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.

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.

Atkore to Cease Operations at Three Facilities

On September 29, 2025, Atkore Inc. announced its decision to cease manufacturing operations at three facilities to cut costs, with plans to halt production by the end of the second quarter of fiscal 2026. The company expects to incur pre-tax cash charges between $5 and $15 million, primarily due to employee-related and shutdown costs, and plans to relocate some production assets to other facilities, potentially facing non-cash impairment charges on remaining assets.

Atkore Secures $373 Million Term Loan Facility

On September 29, 2025, Atkore International, Inc., a subsidiary of Atkore Inc., secured a $373 million senior secured term loan facility through an amendment to its existing credit agreement. This facility, maturing in 2032, is backed by the company’s assets and guaranteed by its subsidiaries, with specific covenants and prepayment conditions. The move is likely to impact Atkore’s financial strategy and leverage, potentially affecting its market positioning and stakeholder interests.