HIGHBuilt-inCustomer
68%
aerospace & defense end markets
“10-K Item 1: 'Aerospace & defense, our largest end markets, represent approximately 68% of total sales'”
ATI · Concentration risk · 10-K extracted
ATI (ATI) concentration risks
Updated
The most significant concentration ATI discloses is aerospace & defense end markets at 68%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: ATI’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH1
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMBuilt-inGeographic
42%
international sales
“10-K Item 1: 'International sales represent approximately 42% of our total annual sales'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's disclosed concentration profile is defined by two structural exposures that together describe a specialty materials business anchored to a single dominant end-market with a significant international revenue component. Aerospace and defense end markets represent approximately 68% of total sales, a high share that is structural in character — the company's product portfolio and manufacturing capabilities are deliberately oriented toward serving aerospace and defense customers, and this end-market dominance reflects decades of positioning in advanced materials for jet engines, airframes, and defense applications. The concentration is not accidental; it is the strategic core of the business. The implication for investors is that the company's revenue cycle tracks commercial aviation build rates, defense procurement budgets, and OEM production schedules more than broad industrial demand. International sales represent approximately 42% of total annual sales, a medium-share geographic exposure that is also structural in nature, reflecting where the company's aerospace and defense end-customers have global programs and manufacturing operations. This international share introduces currency translation sensitivity and country-specific operating risks, though the exposure is distributed across the global aerospace supply chain rather than concentrated in any single country or region named in the filing. Taken together, the profile is coherent: a business where the overwhelming majority of revenue traces to aerospace and defense buyers, a meaningful portion of whom are outside the United States. Monitoring commercial aircraft production rates and defense budget dynamics globally are the primary watch items arising from these concentrations.
For the engine’s reasoning on ATI’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Metal Fabrication
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ESAB | ESAB Corporation | 2 | 0 | 1 | 3 |
| ATI● | ATI Inc. | 1 | 1 | 0 | 2 |
| CMC | Commercial Metals Company | 0 | 0 | 0 | 0 |
| CRS | Carpenter Technology Corporatio | 0 | 0 | 0 | 0 |
| GPGI | GPGI, Inc. | 0 | 0 | 0 | 0 |
| MLI | Mueller Industries, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.