Atkore Inc.

Description

Atkore Inc. engages in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solutions in the United States and internationally. The company offers conduits, cables, and installation accessories. It also designs and manufactures protection and reliability solutions for critical infrastructure, 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, United Poly Systems, Calbond, and Calpipe. It serves various end markets, including new construction; maintenance, repair, and remodel; infrastructure; diversified industrials; alternative power generation; healthcare; data centers; and governments 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.

About

CEO
Mr. William E. Waltz Jr.
Employees
4,816
Instrument type
Common Stock
Sector
Industrials
Industry
Electrical Equipment & Parts
MIC code
XNYS
Address
16100 South Lathrop Avenue, Harvey, IL 60426, United States
Phone
708 339 1610
Website
Chart Image
× Enlarged Chart
Oscillators
Invalid data format
Summary
Invalid data format
Moving Averages
Invalid data format

Earnings

Date Estimate EPS Actual EPS Difference % Surprise
Nov 19, 2025
Aug 4, 2025
May 5, 2025
Feb 4, 2025
Nov 21, 2024 2.47 2.43 -0.04 -1.62%

Earnings estimate

Next Quarter
(Mar 2025)
Current Year
(Sep 2025)
Next Year
(Sep 2026)
Number of analysts 7 7 7
Average estimate 2.07 8.41 9.64
Low estimate 1.71 7.95 8.81
High estimate 2.40 8.85 10.50
Last year EPS 4.08 14.48 8.41
[stock_revenue_estimate]

Growth estimates

Current qtr
-62.290%
Next qtr. (Mar 2025)
-49.070%
Current year (Sep 2025)
-42.100%
Next year (Sep 2026)
13.240%
Next 5 years (per annum)
Past 5 years (per annum)

Analyst Ratings

Date Firm Action Rating Price Target
Dec 17, 2024
Roth MKM
Justin Clare
Initiates Buy Announces $100
Dec 4, 2024
RBC Capital
Deane Dray
Reiterates Sector Perform ▲ Raises $93 → $102
Nov 22, 2024
Loop Capital
Chris Dankert
Maintains Buy ▼ Lowers $130 → $115
Nov 22, 2024
RBC Capital
Deane Dray
Maintains Sector Perform ▼ Lowers $99 → $93
Nov 22, 2024
B. Riley Securities
Alex Rygiel
Downgrade Neutral ▼ Lowers $135 → $84
Sep 20, 2024
Loop Capital
Chris Dankert
Maintains Buy ▼ Lowers $160 → $130
Sep 13, 2024
Keybanc
Jeffrey Hammond
Maintains Overweight ▼ Lowers $125 → $105
Aug 7, 2024
Keybanc
Jeffrey Hammond
Maintains Overweight ▼ Lowers $175 → $125
Aug 7, 2024
B. Riley Securities
Alex Rygiel
Maintains Buy ▼ Lowers $183 → $135
Aug 7, 2024
RBC Capital
Deane Dray
Downgrade Sector Perform ▼ Lowers $175 → $100
Jul 10, 2024
Keybanc
Jeffrey Hammond
Initiates Overweight Announces $175
May 8, 2024
Citigroup
Andrew Kaplowitz
Maintains Neutral ▼ Lowers $200 → $188
Apr 8, 2024
Citigroup
Andrew Kaplowitz
Maintains Neutral ▲ Raises $176 → $200
Mar 22, 2024
RBC Capital
Deane Dray
Reiterates Outperform Maintains $187
Feb 2, 2024
RBC Capital
Deane Dray
Reiterates Outperform Maintains $187
Aug 10, 2023
B. Riley Securities
Alex Rygiel
Maintains Buy ▲ Raises $161 → $186
Aug 9, 2023
RBC Capital
Deane Dray
Maintains Outperform ▲ Raises $178 → $186
Aug 9, 2023
Citigroup
Andrew Kaplowitz
Maintains Neutral ▲ Raises $159 → $163
May 11, 2023
Citigroup
Andrew Kaplowitz
Maintains Neutral ▲ Raises $156 → $159
May 10, 2023
RBC Capital
Deane Dray
Maintains Outperform ▼ Lowers $177 → $163
Feb 2, 2023
Citigroup
Andrew Kaplowitz
Maintains Neutral ▲ Raises $135 → $156
Feb 2, 2023
B. Riley Securities
Alex Rygiel
Maintains Buy ▲ Raises $146 → $161
Feb 2, 2023
RBC Capital
Deane Dray
Maintains Outperform ▲ Raises $139 → $177
Dec 9, 2022
Citigroup
Andrew Kaplowitz
Maintains Neutral ▲ Raises $117 → $135
Nov 21, 2022
RBC Capital
Deane Dray
Maintains Outperform ▲ Raises $110 → $136
Nov 21, 2022
Citigroup
Andrew Kaplowitz
Maintains Neutral ▲ Raises $94 → $117
Oct 19, 2022
Loop Capital
Chris Dankert
Initiates Buy Announces $110
Aug 3, 2022
RBC Capital
Deane Dray
Maintains Outperform ▼ Lowers $151 → $125
Aug 3, 2022
Credit Suisse
John Walsh
Maintains Outperform ▲ Raises $130 → $143
May 4, 2022
RBC Capital
Deane Dray
Maintains Outperform ▲ Raises $123 → $170

Income statement

2024 2023 2022 2021 2020
Fiscal date 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30
Total reported revenue 3.20B 3.52B 3.91B 2.93B 1.77B
Cost of revenue 2.12B 2.18B 2.27B 1.80B 1.27B
Gross profit 1.08B 1.34B 1.64B 1.13B 491.31M
Operating expense
Research & development
Selling general and admin 397.54M 388.21M 370.04M 293.02M 219.50M
Other operating expenses
Operating income 624.78M 893.49M 1.23B 798.95M 239.56M
Non operating interest income
Income
Expense 35.58M 35.23M 30.68M 32.90M 40.06M
Other income expense -1.96M -7.97M 490,000 13.95M 2.50M
Pretax income 587.24M 850.29M 1.20B 780.00M 202.00M
Tax provision 114.37M 160.39M 290.19M 192.14M 49.70M
Net income 472.87M 689.90M 913.43M 587.86M 152.30M
Basic EPS 12.83 17.51 20.56 12.38 3.15
Diluted EPS 12.69 17.27 20.30 12.19 3.10
Basic average shares 36.39M 38.80M 43.72M 46.57M 48.35M
Diluted average shares 36.39M 38.80M 43.72M 46.57M 48.35M
EBITDA 774.90M 1.03B 1.33B 894.61M 330.53M
Net income from continuing op. 472.87M 689.90M 913.43M 587.86M 152.30M
Minority interests
Preferred stock dividends 6.14M 10.64M 14.46M 11.38M 3.36M

Balance sheet

2024 2023 2022 2021 2020
Fiscal date 2024-09-30 2023-09-30 2022-09-30 2021-09-30 2020-09-30
Total assets 3.02B 2.94B 2.60B 2.21B 1.56B
Current assets
Cash
Cash equivalents
Cash and cash equivalents 351.39M 388.11M 388.75M 576.29M 284.47M
Other short term investments
Accounts receivable 489.93M 559.85M 528.90M 524.93M 298.24M
Other receivables
Inventory 524.70M 493.85M 454.51M 285.99M 199.10M
Prepaid assets 80.65M 34.25M 46.87M
Restricted cash
Assets held for sale
Hedging assets
Other current assets 158.38M 96.67M 80.65M 34.25M 46.87M
Non current assets
Properties 186.06M 125.07M 73.92M 43.54M 38.69M
Land and improvements 29.40M 29.08M 22.11M 23.04M 20.46M
Machinery furniture equipment 654.11M 560.64M 464.34M 400.79M 359.29M
Construction in progress 248.13M 206.31M 99.49M 43.06M 22.74M
Leases 22.81M 15.91M 10.51M 9.72M 9.86M
Accumulated depreciation -500.33M -439.98M -381.76M -340.09M -297.99M
Goodwill 968.43M 1.02B 961.37M 639.30M 631.83M
Investment properties
Financial assets
Intangible assets 340.43M 394.37M 382.71M 241.20M 255.35M
Investments and advances
Other non current assets 9.84M 11.25M 12.89M 31.66M 3.68M
Total liabilities 1.48B 1.47B 1.35B 1.35B 1.18B
Current liabilities
Accounts payable 262.20M 292.73M 244.10M 243.16M 142.60M
Accrued expenses
Short term debt 22.04M 16.23M 13.79M 11.79M 15.79M
Deferred revenue 108.78M 121.58M 99.45M 80.32M 35.80M
Tax payable 2.00M 6.32M 5.52M 72.95M 1.36M
Pensions 44.72M 45.58M 61.27M 57.44M 32.84M
Other current liabilities 71.12M 82.17M 77.78M 59.27M 47.79M
Non current liabilities
Long term debt 929.17M 868.20M 818.51M 788.62M 827.88M
Provision for risks and charges 735,000 1.62M
Deferred liabilities 26.57M 22.35M 15.64M 16.75M 22.53M
Derivative product liabilities
Other non current liabilities 14.90M 11.74M 13.15M 15.06M 11.90M
Shareholders equity
Common stock 350,000 374,000 415,000 461,000 475,000
Retained earnings 1.05B 994.90M 801.98M 388.66M -64.15M
Other shareholders equity -19.09M -33.94M -50.15M -28.73M -42.55M
Total shareholders equity 1.54B 1.47B 1.25B 864.74M 378.41M
Additional paid in capital 509.25M 506.78M 500.12M 506.92M 487.22M
Treasury stock 2.58M 2.58M 2.58M
Minority interest

Cash flow statement

202420232022202120202019201820172016201520142013
Operating Activities
Net Income472.87M689.90M913.43M587.86M152.30M139.05M136.65M84.64M58.80M-4.96M-73.95M-18.58M
Depreciation151.21M135.85M98.33M93.07M89.27M72.35M66.89M54.73M55.02M59.47M58.70M48.41M
Deferred Taxes3.37M12.86M3.05M-43.31M4.48M-796,000-9.01M938,0002.56M-3.65M-36.51M-5.96M
Stock-Based Compensation20.30M21.10M17.25M17.05M13.06M11.80M14.66M12.79M21.13M13.52M8.40M2.20M
Other Non-Cash Items1.08M9.63M7.00M2.29M4.03M-134,0003.57M2.34M3.40M3.63M4.73M5.56M
Accounts Receivable72.73M-30.28M17.75M-219.66M16.92M6.03M-44.42M-13.45M24.54M7.04M-12.12M20.36M
Accounts Payable-37.56M32.30M-28.97M98.44M-5.84M-21.98M31.67M8.67M4.06M-43.71M26.80M-7.71M
Other Assets & Liabilities-26.60M-44.58M-163.92M-104.98M13.34M11.95M-39.45M-20.75M-1.44M64.31M5.24M-17.73M
Operating Cash Flow657.40M826.78M863.92M430.77M287.58M218.26M160.56M129.92M168.05M95.66M-18.72M26.55M
Investing Activities
Capital Expenditures1.56M123,000779,00081,0003.92M80,000349,000100,00075,0001.45M7.40M2.40M
Net Intangibles
Net Acquisitions-6.04M-83.39M-307.81M-43.20M-98.00M39.16M-183.92M-30.55M-39.79M-102.47M
Purchase of Investments
Sale of Investments1.33M4.84M2.74M
Investing Cash Flow-4.48M-83.26M-307.03M-33.49M6.26M-98.24M41.02M-180.71M3.94M-24.33M-24.50M-98.75M
Financing Activities
Long-Term Debt Issuance798.00M426.22M498.75M665.40M
Long-Term Debt Payments-1.96M-1.32M-839.12M-40.00M-99.98M-452.37M-657.30M-23.79M-833.86M-1.12B-251.00M
Other Financing Charges-10.93M-3.20M-155,000-6.12M-4.44M-166,000896,000-11.64M-27,000
Financing Cash Flow-435.28M-506.78M-524.21M-188.46M-61.18M-138.16M-517.08M-83.96M-25.53M-873.77M-739.41M-195.17M
Other Cash Details
End Cash Position351.39M388.11M388.75M576.29M284.47M123.42M126.66M45.72M200.28M80.60M33.36M54.77M
Income Tax Paid66.37M150.93M379.77M155.11M50.99M38.70M41.60M49.81M30.86M4.76M2.21M3.09M
Interest Paid47.10M43.67M30.53M23.73M38.79M49.88M39.90M26.13M49.86M41.46M42.83M42.29M
Free Cash Flow399.17M588.75M651.06M508.43M214.99M174.83M107.20M96.53M139.82M114.22M61.97M20.43M
Error: Invalid format in Holders JSON file.
Atkore Inc. Announces Participation at Upcoming Investor Conferences Article
Atkore Inc. Announces Participation at Upcoming Investor Conferences
HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the “Company”) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today announced that it will participate in the following upcoming conferences: Citi's Global Industrial Tech and Mobility Conference, February 18, 2025, Miami Beach – Bill Waltz, President and Chief Executive Officer, and John Deitzer, Chief Financial Officer, are scheduled to participate in a.
Business Wire Neutral
Feb 6, 2025
Atkore Inc. (ATKR) Q1 2025 Earnings Call Transcript Article
Atkore Inc. (ATKR) Q1 2025 Earnings Call Transcript
Atkore Inc. (NYSE:ATKR ) Q1 2025 Earnings Conference Call February 4, 2025 8:00 AM ET Company Participants Matt Kline - Vice President of Treasury & Investor Relations Bill Waltz - President & Chief Executive Officer John Deitzer - Vice President & Chief Financial Officer John Pregenzer - Chief Operating Officer & President of Electrical Conference Call Participants Andy Kaplowitz - Citigroup Deane Dray - RBC Capital Markets David Tarantino - KeyBanc Capital Markets Chris Dankert - Loop Capital Chris Moore - CJS Securities Operator Good morning. My name is John and I'll be your conference operator today.
Seeking Alpha Neutral
Feb 4, 2025
Johnson Fistel Continues Investigation on Behalf of Atkore (ATKR) Shareholders Article
Johnson Fistel Continues Investigation on Behalf of Atkore (ATKR) Shareholders
SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson Fistel, LLP is investigating whether Atkore Inc. (NYSE: ATKR), any of its executive officers, or others violated securities laws by misrepresenting or failing to disclose material information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws. What if I purchased Atkore securities? If you purchased securities and suffered losses on your investment, join our i.
Business Wire Neutral
Feb 4, 2025
Scroll to Top

Markets

Crypto

how to invest

Who we are