ATI vs V2x
ATI and V2x are similar in size: $4.59bn and $4.48bn of revenue in their latest fiscal years. ATI grew faster (5.2% against 3.7%). ATI kept more of each dollar of sales as profit: a net margin of 8.8% against 1.7%. ATI carries less debt relative to equity (96.9% against 101.2%).
| Latest fiscal year | ATIATI, 2025 | V2xVVX, 2025 |
|---|---|---|
| Revenue | $4.59bn | $4.48bn |
| Revenue growth | 5.2% | 3.7% |
| Net income | $404m | $77.9m |
| Operating margin | 14.0% | 4.3% |
| Net margin | 8.8% | 1.7% |
| Return on equity | 22.1% | 7.4% |
| Free cash flow | $334m | $170m |
| Cash | $417m | $369m |
| Total debt | $1.75bn | $1.10bn |
| Debt to equity | 96.9% | 101.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $470m | $30.0m |
| Employees | 7,600 | 16,200 |
| Market value | $24.56bn | $2.55bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 37 (Weak) | 41 (Weak) |
| Insider trades, 12 months | 0 buys, 55 sales | 0 buys, 6 sales |