What Happened
Aerospace And Defense Demand Drives Higher Margins
ATI Inc. is generating strong free cash flow, supported by higher adjusted EBITDA and improved operating performance. The company reported first-half 2026 adjusted free cash flow of $143.2 million, up from a $50.2 million cash outflow during the same period in the previous year. This growth is expected to continue, driven by strong demand across aerospace and defense markets. ATI has raised its adjusted free cash flow guidance for 2026 to $550-$600 million, citing higher margins and improved operational efficiency. This article was originally published on Zacks Investment Research.