COMP <GO>
ATI vs STLD // OPERATING MARGIN
ATI Inc. (NYSE) VS. Steel Dynamics Inc. (NASDAQ) • 15-METRIC TALLY: ATI 9
— STLD 5
▲ OPERATING MARGIN LEADER: ATI
LAST: $165.59 (-5.38%) • MKT CAP: $23.83B
operating-margins
14.00%
LAST: $250.80 (-1.08%) • MKT CAP: $36.06B
operating-margins
8.10%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ATI VS. STLD)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ATI | STLD | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 22.00% | 13.20% | +8.80 | ATI | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 18.60% | 9.40% | +9.20 | ATI | /roic <GO> |
| EV/EBITDA & P/E Valuation | 30.3x | 17.3x | +13.00 | STLD | /valuation <GO> |
| Free Cash Flow Yield | 1.71% | 1.39% | +0.32 | ATI | /fcf-yield <GO> |
| Operating Margin ACTIVE | 14.00% | 8.10% | +5.90 | ATI | /operating-margins <GO> |
| Net Profit Margin | 8.80% | 6.50% | +2.30 | ATI | /net-margins <GO> |
| Revenue Growth (YoY) | 5.20% | 3.60% | +1.60 | ATI | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.81% | -0.81 | STLD | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 6.33 | 5.95 | +0.38 | ATI | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 6/9 | +2.00 | ATI | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 46.5 | 61.4 | -14.90 | STLD | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.88 | 0.87 | +0.01 | ATI | /macro-sensitivity <GO> |
| Forward P/E Multiple | 54.8x | 28.3x | +26.50 | STLD | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $23.83B | $36.06B | -$12.23B | STLD | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ATI REV | STLD REV | ATI GROSS % | STLD GROSS % | ATI FCF | STLD FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $4.59B | $18.18B | 22.0% | 13.2% | $407.9M | $501.5M |
| FY 2024 | $4.36B | $17.54B | 20.6% | 16.0% | $210.9M | -$23.5M |
| FY 2023 | $4.17B | $18.80B | — | — | -$101.9M | $2.67B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ATI // BETA 0.88
STLD // BETA 0.87