ATKR
Atkore Inc

Atkore IncATKR

Industrials · Electrical Equipment & Parts
94.96USD
+0.04%
Nov 08, 2026
ATKR overview ready
Supplier of Electrical Conduit and Cable Management for Grid Expansion
Atkore is a component supplier and enabling picks-and-shovels participant: its conduit, fittings, cable-management, cable, framing, and related electrical products are installed in projects that require new electrical capacity and protected wiring pathways.
Primary theme is lagging
Power / Grid is lagging (-16.9pp vs SPY over 21 sessions; 8 of 32 members ahead of SPY).
No clear price read
Longer-term context reads early recovery, with a near-term setup of breakout attempt.
Demanding valuation
The price embeds expectations that run ahead of the growth it delivers per turn of revenue multiple.
Unremarkable fundamentals
Primary risk
Decline in infrastructure and construction spending.
Market Oct 16Filing Jun 26Price action Oct 25Research Sep 30

Conviction Level

PriceAction8.3BusinessPerformance5.0BusinessQuality7.5Valuation2.8ThemeMomentum1.0Mixed — Revenue growth has accelerated across 4 consecutive quarters, rising from -4.6% to +8.1% year over year. Diluted EPS fell 98% year over year to $0.02. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
Power / GridLagging
vs SPY
−16.9pp
Theme return
−21.9%
Beating SPY
8 of 32
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

No clear price read
Longer-term context reads early recovery, with a near-term setup of breakout attempt.
EntryEarly recovery

The structure is repairing early: weekly fast averages are being reclaimed and the daily chart is recovering constructively — an early-recovery entry profile.

Key Financials

Market Cap
$3.2B
Avg Volume (60D)
784.6K
60 sessions
Revenue Growth YoY
-11.0%
FY2025 vs FY2024
Gross Margin
+20.0%
Trailing twelve months
Operating Margin
+1.3%
Trailing twelve months
Free Cash Flow Yield
+1.8%
Next Earnings
2026-11-19
P/E
N/M
EV / EBITDA
21.7x
EV / Sales
1.2x
Market metrics as of Oct 16, 2026
Financial results for the period ended Jun 26, 2026
Filed balance-sheet data as of Jun 26, 2026

Business Performance

Mixed

Revenue growth has accelerated across 4 consecutive quarters, rising from -4.6% to +8.1% year over year. Diluted EPS fell 98% year over year to $0.02.

Latest reported: Q3 FY2026, ended Jun 26
Revenue growthAccelerating
+8.1%
$795M in Q3 FY2026 · YoY
YoY growth, last 4 quarters
  1. -4.6%
  2. -0.9%
  3. +4.2%
  4. +8.1%
Earnings growthDeclining
-98%
Diluted EPS $0.02 vs $1.25 a year earlier · GAAP
Diluted EPS YoY (GAAP), last 4 quarters
  1. n/a
  2. -66%
  3. n/a
  4. -98%
Operating marginStable
8.1%
-0.6 pp YoY · gross margin 22.2% (-1.2 pp)

Business Quality

7.5 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

Two of the three valuation perspectives say expensive; peers is the dissenting view.
Atkore Inc has an Expensive valuation stance because the price embeds expectations that run ahead of the growth it delivers per turn of revenue multiple.

Company Research

Thesis
Atkore is a component supplier and enabling picks-and-shovels participant: its conduit, fittings, cable-management, cable, framing, and related electrical products are installed in projects that require new electrical capacity and protected wiring pathways.
Opportunity
Moderate opportunity
Physical electrical products and connection infrastructure required to route, protect, distribute, and safely energize new utility, industrial, renewable-generation, and large-load capacity additions.
Key risk
Decline in infrastructure and construction spending.

Economic classification

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Business & Markets

Industrials · Electrical Equipment & Parts
What they do

Atkore Inc manufactures and sells electrical, mechanical, safety, and infrastructure products primarily in the United States and internationally through two segments: Electrical and Safety & Infrastructure.

How it earns

Revenue is generated through transactional sales of physical electrical and infrastructure products to industrial, utility, and construction customers.

Products & services
Metal electrical conduit and fittings
Plastic pipe conduit and fittings
Electrical cable and flexible conduit
International cable management systems
Mechanical tubes and pipes
Metal framing and fittings
Construction services
Perimeter security
Cable management solutions
Customers & end markets
Utility companies
Industrial construction firms
Renewable energy developers
Infrastructure project contractors
Market position

A component supplier positioned as a picks-and-shovels participant in electrical conduit and cable management markets.

Demand drivers
Medium cyclicality

Demand is linked to infrastructure and construction cycles, which can fluctuate with economic and regulatory conditions.

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