Atkore Inc. ATKR
Atkore Inc. (collectively with all its subsidiaries referred to in this Annual Report on Form 10-K as "Atkore," the "Company," "we," "us," and "our") was incorporated in the State of Delaware on November 4, 2010. Atkore is the sole stockholder of Atkore International, Inc. ("AII").
We are a leading manufacturer of Electrical products primarily for the non-residential construction and renovation markets, as well as residential markets, and Safety & Infrastructure products for the construction and industrial markets. The Electrical segment manufactures high quality products used in the construction of electrical power systems including conduit, cable, and installation accessories. This segment serves contractors in partnership with the electrical wholesale channel. The Safety & Infrastructure segment designs and manufactures solutions including metal framing, mechanical pipe, perimeter security, and cable management for the protection and reliability of critical infrastructure. These solutions are marketed to contractors, original equipment manufacturers ("OEMs"), and end-users. We believe we hold #1 or #2 positions in the United States by net sales in a significant number of our products. The quality of our products, strength of our brands, our scale and national presence provide what we believe to be a unique set of competitive advantages that position us for profitable growth.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- United States
- Europe
- Other Americas
- Asia-Pacific
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $2.50B | $2.82B | $3.15B |
| Europe | $220.8M | $245.8M | $228.9M |
| Other Americas | $80.4M | $92.4M | $94.1M |
| Asia-Pacific | $47.7M | $46.1M | $45.7M |
As the company reported it, from the “SEGMENT INFORMATION - Schedule of Long-lived Assets and Net Sales By Geography (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.85B | $3.20B | $3.52B | $3.91B | $2.93B | $1.77B | $1.92B | $1.84B | $1.50B | $1.52B |
| Cost of revenue | $2.17B | $2.12B | $2.18B | $2.27B | $1.80B | $1.27B | $1.42B | $1.40B | $1.14B | $1.16B |
| Gross profit | $676.1M | $1.08B | $1.34B | $1.64B | $1.13B | $491.3M | $497.2M | $438.1M | $361.3M | $367.6M |
| SG&A | $396.6M | $397.5M | $388.2M | $370.0M | $293.0M | $219.5M | $240.7M | $226.3M | $182.9M | $219.7M |
| Operating income | $23.2M | $624.8M | $893.5M | $1.23B | $799.0M | $239.6M | $223.7M | $179.7M | $156.0M | $125.5M |
| Pre-tax income | -$18.6M | $587.2M | $850.3M | $1.20B | $780.0M | $202.0M | $184.7M | $166.4M | $126.1M | $86.8M |
| Income tax | $3.4M | $114.4M | $160.4M | $290.2M | $192.1M | $49.7M | $45.6M | $29.7M | $41.5M | $28.0M |
| Net income | -$15.2M | $472.9M | $689.9M | $913.4M | $587.9M | $152.3M | $139.1M | $136.6M | $84.6M | $58.8M |
| EPS, basic | -0.45 | 12.83 | 17.51 | 20.56 | 12.38 | 3.15 | 2.91 | 2.59 | 1.33 | 0.94 |
| EPS, diluted | -0.45 | 12.69 | 17.27 | 20.30 | 12.19 | 3.10 | 2.83 | 2.48 | 1.27 | 0.94 |
| Shares, diluted (wtd. avg.) | 34.0M | 36.8M | 39.3M | 44.3M | 47.3M | 48.0M | 47.8M | 54.1M | 66.6M | 62.8M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $506.7M | $351.4M | $388.1M | $388.8M | $576.3M | $284.5M | $123.4M | $126.7M | $45.7M | $200.3M |
| Receivables | $447.0M | $489.9M | $559.9M | $528.9M | $524.9M | $298.2M | $315.4M | $265.1M | $224.4M | $192.1M |
| Inventory | $484.8M | $524.7M | $493.9M | $454.5M | $286.0M | $199.1M | $226.1M | $221.8M | $200.0M | $161.5M |
| Total current assets | $1.60B | $1.52B | $1.54B | $1.45B | $1.42B | $828.7M | $699.5M | $647.1M | $505.8M | $582.9M |
| Property, plant and equipment | $594.3M | $652.1M | $559.0M | $390.2M | $275.6M | $243.9M | $260.7M | $213.1M | $208.6M | $202.7M |
| Goodwill | $294.5M | $314.0M | $311.1M | $289.3M | $199.0M | $188.2M | $186.2M | $170.1M | $147.7M | $115.8M |
| Other intangibles | $160.8M | $340.4M | $394.4M | $382.7M | $241.2M | $255.3M | $285.7M | $291.9M | $344.3M | $254.9M |
| Total assets | $2.85B | $3.02B | $2.94B | $2.60B | $2.21B | $1.56B | $1.44B | $1.32B | $1.22B | $1.16B |
| Accounts payable | $241.2M | $262.2M | $292.7M | $244.1M | $243.2M | $142.6M | $150.7M | $156.5M | $125.6M | $114.1M |
| Short-term debt | $3.7M | $0 | — | — | — | $0 | $0 | $26.6M | $4.2M | $1.3M |
| Total current liabilities | $524.5M | $510.9M | $564.6M | $501.9M | $524.9M | $276.2M | $287.5M | $272.7M | $211.8M | $204.8M |
| Long-term debt | $756.8M | $764.8M | $762.7M | $760.5M | $758.4M | $803.7M | $845.3M | $877.7M | $571.9M | $629.0M |
| Total liabilities | $1.45B | $1.48B | $1.47B | $1.35B | $1.35B | $1.18B | $1.20B | $1.20B | $854.2M | $907.3M |
| Retained earnings | $889.4M | $1.05B | $994.9M | $802.0M | $388.7M | -$64.2M | -$200.4M | -$317.4M | -$42.4M | -$113.1M |
| Total equity | $1.40B | $1.54B | $1.47B | $1.25B | $864.7M | $378.4M | $232.9M | $122.1M | $360.9M | $257.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $402.8M | $549.0M | $807.6M | $786.8M | $572.9M | $248.8M | $209.7M | $145.7M | $121.7M | $156.6M |
| Depreciation and amortisation | $124.5M | $121.0M | $115.5M | $84.4M | $78.6M | $74.5M | $72.3M | $66.9M | $54.7M | $55.0M |
| Stock-based compensation | $23.6M | $20.3M | $21.1M | $17.2M | $17.0M | $13.1M | $11.8M | $14.7M | $12.8M | $21.1M |
| Capital expenditure | $107.1M | $149.9M | $218.9M | $135.8M | $64.5M | $33.8M | $34.9M | $38.5M | $25.1M | $16.8M |
| Investing cash flow | -$85.6M | -$154.3M | -$302.1M | -$442.8M | -$98.0M | -$27.5M | -$133.1M | $2.5M | -$205.8M | -$12.9M |
| Financing cash flow | -$160.5M | -$435.3M | -$506.8M | -$524.2M | -$184.5M | -$61.2M | -$78.2M | -$65.9M | -$67.8M | -$23.9M |
| Buybacks | $100.0M | $381.0M | $491.0M | $500.2M | $135.1M | $15.0M | $24.4M | $411.8M | $13.9M | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-25-054049.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.52B | $1.50B | $1.84B | $1.92B | $1.77B | $2.93B | $3.91B | $3.52B | $3.20B | $2.85B |
| Gross profit | $367.6M | $361.3M | $438.1M | $497.2M | $491.3M | $1.13B | $1.64B | $1.34B | $1.08B | $676.1M |
| Net income | $58.8M | $84.6M | $136.6M | $139.1M | $152.3M | $587.9M | $913.4M | $689.9M | $472.9M | -$15.2M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Material agreement signed Item 1.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Material agreement signed Item 1.01
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 3690
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| ENS | EnerSys | $5.99B | 21.6x | 3.7% |
| NOVT | NOVANTA INC | $5.32B | 95.8x | 3.3% |
| QS | QuantumScape Corp | $2.49B | — | — |
| SPB | Spectrum Brands Holdings, Inc. | $1.84B | 20.7x | -5.2% |
| RUN | Sunrun Inc. | $1.83B | 4.4x | 45.1% |
| ENR | ENERGIZER HOLDINGS, INC. | $1.55B | 6.8x | 2.3% |
| AMPX | Amprius Technologies, Inc. | $1.19B | — | 205.1% |
| EMAT | Evolution Metals & Technologies Corp. | $889.2M | — | — |