Allegheny Income Before Tax from 2010 to 2024

ATI Stock  USD 60.17  0.05  0.08%   
Allegheny Technologies' Income Before Tax is decreasing with very volatile movements from year to year. Income Before Tax is estimated to finish at about 310 M this year. For the period between 2010 and 2024, Allegheny Technologies, Income Before Tax quarterly trend regression had median of  162,000,000 and r-value of (0.08). View All Fundamentals
 
Income Before Tax  
First Reported
1996-03-31
Previous Quarter
110.9 M
Current Value
114.9 M
Quarterly Volatility
298.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Allegheny Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allegheny Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 144.3 M, Interest Expense of 67.3 M or Selling General Administrative of 182.7 M, as well as many indicators such as Price To Sales Ratio of 1.47, Dividend Yield of 0.0098 or PTB Ratio of 2.76. Allegheny financial statements analysis is a perfect complement when working with Allegheny Technologies Valuation or Volatility modules.
  
Check out the analysis of Allegheny Technologies Correlation against competitors.

Latest Allegheny Technologies' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Allegheny Technologies Incorporated over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Allegheny Technologies income statement and is an important metric when analyzing Allegheny Technologies profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Allegheny Technologies' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Allegheny Technologies' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Very volatile
   Income Before Tax   
       Timeline  

Allegheny Income Before Tax Regression Statistics

Arithmetic Mean(46,569,333)
Coefficient Of Variation(1,091)
Mean Deviation360,313,778
Median162,000,000
Standard Deviation508,092,196
Sample Variance258157.7T
Range1.9B
R-Value(0.08)
Mean Square Error276207T
R-Squared0.01
Significance0.78
Slope(9,164,571)
Total Sum of Squares3614207.5T

Allegheny Income Before Tax History

2024310 M
2023295.2 M
2022162 M
202110.6 M
2020-1.5 B
2019241.6 M
2018247.7 M

About Allegheny Technologies Financial Statements

Investors use fundamental indicators, such as Allegheny Technologies' Income Before Tax, to determine how well the company is positioned to perform in the future. Although Allegheny Technologies' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Before Tax295.2 M310 M

Currently Active Assets on Macroaxis

When determining whether Allegheny Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Allegheny Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Allegheny Technologies Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Allegheny Technologies Incorporated Stock:
Check out the analysis of Allegheny Technologies Correlation against competitors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allegheny Technologies. If investors know Allegheny will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allegheny Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Earnings Share
2.6
Revenue Per Share
33.577
Quarterly Revenue Growth
0.025
Return On Assets
0.0557
The market value of Allegheny Technologies is measured differently than its book value, which is the value of Allegheny that is recorded on the company's balance sheet. Investors also form their own opinion of Allegheny Technologies' value that differs from its market value or its book value, called intrinsic value, which is Allegheny Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allegheny Technologies' market value can be influenced by many factors that don't directly affect Allegheny Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allegheny Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegheny Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegheny Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.