Atkore (ATKR) Company Report

Atkore reported consolidated net sales of $655.5 million for the first quarter ended December 26, 2025, a decrease from $661.6 million in the prior year's first quarter.
Adjusted EBITDA declined to $69.1 million in Q1 2026, compared to $99.2 million in Q1 2025.
Adjusted diluted EPS was $0.83 for Q1 2026, down from $1.63 in Q1 2025.
The company reported negative Free Cash Flow of $(67.3) million for Q1 2026, a significant decrease from positive $33.1 million in Q1 2025.
Net debt decreased to $317.3 million as of December 26, 2025, from $454.9 million as of December 27, 2024.

3 days ago

Presentation

Atkore Reports Q1 2026 Results and Reaffirms FY 2026 Outlook

ATKR

Earnings

Guidance Update

M&A

Atkore achieved net sales of $656 million, Adjusted EBITDA of $69 million, and Adjusted EPS of $0.83 in Q1 2026, with organic volume increasing 2%.
The company reaffirmed its full-year FY 2026 outlook, projecting net sales between $2.95 billion and $3.05 billion, Adjusted EBITDA between $340 million and $360 million, and Adjusted EPS between $5.05 and $5.55.
Atkore completed the divestiture of its TekTube mechanical tube product line and expects to complete the exit of three manufacturing facilities in Q2, aligning with its focus on the electrical infrastructure portfolio.
Organic volume growth in Q1 was driven by metal electrical conduit and plastic pipe conduit, benefiting from healthy non-residential end market demand, with expectations for mid-single-digit volume growth for the full year.

3 days ago

Transcript

Atkore Reports Strong Q1 2026 Results and Reaffirms Full-Year Outlook

ATKR

Earnings

Guidance Update

M&A

Atkore reported strong Q1 2026 financial results, with net sales of $656 million, Adjusted EBITDA of $69 million, and Adjusted EPS of $0.83, all exceeding their outlook range. Organic volume grew 2%, and the company realized over $30 million in productivity savings.
The company reaffirmed its FY 2026 outlook, projecting net sales between $2.95 billion and $3.05 billion, Adjusted EBITDA of $340 million to $360 million, and Adjusted EPS in the range of $5.05 to $5.55. They expect mid-single-digit volume growth for the full year.
Strategic initiatives include the divestiture of the TekTube mechanical tube product line and the planned exit of three manufacturing facilities in Q2, reinforcing a focus on the electrical infrastructure portfolio and the 80/20 Initiative.
Healthy non-residential end market demand, particularly from data centers, is driving growth, with backlogs increasing for these mega projects.

3 days ago

Transcript

Atkore Reports Strong Q1 FY2026 Results and Reaffirms Full-Year Outlook

ATKR

Earnings

Guidance Update

M&A

Atkore reported strong first-quarter fiscal year 2026 results, with net sales of $656 million, Adjusted EBITDA of $69 million, and Adjusted EPS of $0.83, all exceeding their outlook range. Organic volume increased 2%, driven by the electrical segment, and the company achieved over $30 million in productivity savings year-over-year.
The company reaffirmed its full-year fiscal 2026 outlook, projecting net sales between $2.95 billion and $3.05 billion, Adjusted EBITDA between $340 million and $360 million, and Adjusted EPS between $5.05 and $5.55.
Strategic initiatives include the completed divestiture of the TekTube mechanical tube product line and the planned exit of three manufacturing facilities in the second fiscal quarter, expected to generate $10-$12 million in savings. These actions enhance the focus on the electrical infrastructure portfolio.
Market demand remains healthy, particularly in non-residential end markets, with strong growth in metal electrical conduit and plastic pipe conduit. The company anticipates mid-single-digit volume growth for the full year, supported by mega-trends like the $3 trillion investment expected in the data center market over the next five years.

3 days ago

Transcript

Atkore Inc. Announces First Quarter 2026 Results

ATKR

Earnings

Guidance Update

Dividends

Atkore Inc. reported net sales of $655.5 million for the first quarter of fiscal 2026, a 0.9% decrease compared to the prior year.
Net income per diluted share decreased by $0.87 to $0.44, and Adjusted net income per diluted share decreased by $0.80 to $0.83 for the quarter ended December 26, 2025.
Adjusted EBITDA decreased by $30.0 million versus the prior year, reaching $69.1 million for the first quarter of fiscal 2026.
The company maintained its 2026 full-year outlook, with an Adjusted EBITDA midpoint of $350 million and an Adjusted net income per diluted share midpoint of $5.30.
Atkore's Board of Directors approved a quarterly dividend payment of $0.33 per share of common stock, payable on February 27, 2026.

3 days ago

Press Release

Atkore Inc. Announces First Quarter 2026 Results

ATKR

Earnings

Guidance Update

Dividends

Atkore Inc. reported net sales of $655.5 million for its fiscal 2026 first quarter, a 0.9% decrease compared to the prior year.
Net income per diluted share was $0.44 and Adjusted net income per diluted share was $0.83 for Q1 2026, representing decreases of $0.87 and $0.80 respectively, versus the prior year.
Adjusted EBITDA for Q1 2026 decreased by $30.0 million to $69.1 million compared to the prior year.
The company is maintaining its fiscal year 2026 outlook, with an Adjusted EBITDA midpoint of $350 million and an Adjusted net income per diluted share midpoint of $5.30.
Atkore's Board of Directors approved a quarterly dividend payment of $0.33 per share payable on February 27, 2026.

3 days ago

8-K

Atkore Expands Strategic Review to Include Potential Sale or Merger and Announces Board Changes

ATKR

M&A

Board Change

Takeover Bid

Atkore Inc. has expanded the scope of its strategic alternatives review to include a potential sale or merger of the entire company, with Citi and J.P. Morgan Securities LLC assisting in the process.
As part of a cooperation agreement with Irenic Capital Management LP, Atkore will appoint Franklin Edmonds to its Board of Directors, expanding the Board to ten directors, nine of whom will be independent.
A Strategic Review Committee will be formed to oversee the review of strategic alternatives, and Bruce M. Taten will serve as a special advisor to this committee.
Bill Waltz, Atkore's President and CEO, has decided to remain in his position through at least the conclusion of the strategic review.

Nov 20, 2025, 10:48 PM

8-K

Atkore Reports Q4 and FY 2025 Results, Announces Strategic Review Expansion, and Provides FY 2026 Outlook

ATKR

Earnings

Guidance Update

M&A

Atkore reported a net loss of $(54) million and Adjusted Diluted EPS of $0.69 for Q4 2025, with net sales of $752 million. For the full fiscal year 2025, the company recorded a net loss of $(15) million and Adjusted Diluted EPS of $6.05 on net sales of $2,850 million.
The company is expanding its strategic alternatives review to include a potential sale or merger of the entire company and is divesting non-core businesses, having already divested Northwest Polymers in February 2025.
For FY 2026, Atkore anticipates Net Sales between $3.0 billion and $3.1 billion, Adjusted EBITDA between $340 million and $360 million, and Adjusted Diluted EPS between $5.05 and $5.55, driven by expected mid-single digit percentage volume growth.
Atkore achieved organic volume growth of 1.4% in Q4 2025 and 0.7% for FY 2025, marking three consecutive years of organic volume growth, and returned ~$144 million to shareholders in FY 2025.

Nov 20, 2025, 1:00 PM

Presentation

Atkore Reports Q4 and Full Year 2025 Results, Expands Strategic Alternatives Review

ATKR

Earnings

M&A

Guidance Update

Atkore reported a net loss of $(54.4) million for Q4 2025 and $(15.2) million for FY 2025, a significant decline from net income of $73.1 million and $472.9 million in the respective prior periods.
The company is expanding its strategic alternatives review to include a potential sale or merger of the entire company, alongside ongoing divestitures of non-core businesses like Northwest Polymers and the High-density polyethylene (HDPE) business.
For FY 2025, Atkore returned approximately $144 million to shareholders through share repurchases and dividend payments.
Atkore achieved organic volume growth of 0.7% for FY 2025, marking three consecutive years of organic volume growth.
The initial FY 2026 outlook projects Net Sales between $3.0 billion and $3.1 billion, Adjusted EBITDA between $340 million and $360 million, and Adjusted Diluted EPS between $5.05 and $5.55.

Nov 20, 2025, 1:00 PM

Presentation

Atkore Announces Q4 and Full-Year 2025 Results and Explores Potential Company Sale

ATKR

Earnings

M&A

Guidance Update

Atkore's Board of Directors has expanded its strategic alternatives to include a potential sale or merger of the entire company, alongside ongoing divestitures of the HDPE business and two other non-core assets, and the closure of three manufacturing facilities. These actions are anticipated to improve the company's financial profile and lead to a return to year-over-year adjusted EBITDA growth in FY2027, with estimated annualized cost reductions of $10 million-$12 million from plant closures.
For Q4 2025, Atkore reported net sales of $752 million and adjusted EBITDA of $71 million (or $82 million excluding one-time items), resulting in a net loss of $54 million due to impairment charges. For the full fiscal year 2025, net sales were $2.9 billion, adjusted EBITDA was $386 million (or $397 million excluding one-time items), and adjusted EPS was $6.05.
Looking ahead to FY2026, Atkore projects net sales between $3.0 billion and $3.1 billion, adjusted EBITDA between $340 million and $360 million, and adjusted EPS in the range of $5.05 to $5.55. The company expects the first quarter of FY2026 to be the softest, with performance ramping up in the back half of the year, driven by growth in construction end markets and a strong recovery in the solar industry.