Tearsheet

Atmus Filtration Technologies (ATMU)


Market Price (12/27/2025): $53.42 | Market Cap: $4.4 Bil
Sector: Consumer Discretionary | Industry: Automotive Parts & Equipment

Atmus Filtration Technologies (ATMU)


Market Price (12/27/2025): $53.42
Market Cap: $4.4 Bil
Sector: Consumer Discretionary
Industry: Automotive Parts & Equipment

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10%
Trading close to highs
Dist 52W High is -1.0%, Dist 3Y High is -1.0%
Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 25x
1 Low stock price volatility
Vol 12M is 33%
  Key risks
ATMU key risks include [1] significant exposure to trade policy shifts impacting its core Mexico-to-U.S. Show more.
2 Megatrend and thematic drivers
Megatrends include Water Infrastructure, and Sustainable Resource Management. Themes include Water Treatment & Delivery, Wastewater Management, Show more.
  
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10%
1 Low stock price volatility
Vol 12M is 33%
2 Megatrend and thematic drivers
Megatrends include Water Infrastructure, and Sustainable Resource Management. Themes include Water Treatment & Delivery, Wastewater Management, Show more.
3 Trading close to highs
Dist 52W High is -1.0%, Dist 3Y High is -1.0%
4 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 25x
5 Key risks
ATMU key risks include [1] significant exposure to trade policy shifts impacting its core Mexico-to-U.S. Show more.

Valuation, Metrics & Events

ATMU Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

<b>1. Strategic Acquisition of Koch Filter Corporation.</b> On November 24, 2025, Atmus Filtration Technologies announced the acquisition of Koch Filter Corporation for $450 million, a move aimed at expanding its presence in the industrial air filtration market and diversifying its business beyond vehicle applications. This acquisition is anticipated to boost future earnings by 2026 and generate a strong return by 2028.

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<b>2. Strong Third Quarter 2025 Financial Results and Upgraded Guidance.</b> Atmus reported solid third quarter 2025 results on November 7, 2025, surpassing analyst expectations for both earnings and revenue. Following these results, the company raised its full-year 2025 guidance for revenue, adjusted EBITDA margin, and adjusted earnings per share.

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<b>3. Positive Analyst Sentiment and Upgraded Price Targets.</b> In late 2025, several Wall Street analysts reiterated "Moderate Buy" ratings and increased their price targets for ATMU, with some targets reaching $60. This reflects a positive outlook and strong confidence in the company's future performance.

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<b>4. Robust Second Quarter 2025 Earnings Beat.</b> Atmus Filtration Technologies reported its second quarter 2025 results on August 8, 2025, exceeding analyst expectations for both earnings per share and revenue, which contributed to reinforced investor confidence.

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<b>5. Shareholder Value Initiatives Including Increased Dividend.</b> The company continued its share repurchase program, with a significant amount remaining under authorization as of March 2025, and increased its quarterly dividend in August 2025. These actions underscore Atmus's commitment to returning capital to shareholders.

Show more

Stock Movement Drivers

Fundamental Drivers

The 18.8% change in ATMU stock from 9/26/2025 to 12/26/2025 was primarily driven by a 11.6% change in the company's P/E Multiple.
926202512262025Change
Stock Price ($)44.9653.4218.82%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)1680.401724.402.62%
Net Income Margin (%)11.22%11.57%3.14%
P/E Multiple19.6821.9611.59%
Shares Outstanding (Mil)82.5082.000.61%
Cumulative Contribution18.81%

LTM = Last Twelve Months as of date shown

Market Drivers

9/26/2025 to 12/26/2025
ReturnCorrelation
ATMU18.8% 
Market (SPY)4.3%48.8%
Sector (XLY)1.8%34.0%

Fundamental Drivers

The 49.4% change in ATMU stock from 6/27/2025 to 12/26/2025 was primarily driven by a 37.1% change in the company's P/E Multiple.
627202512262025Change
Stock Price ($)35.7453.4249.45%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)1659.501724.403.91%
Net Income Margin (%)11.14%11.57%3.89%
P/E Multiple16.0221.9637.10%
Shares Outstanding (Mil)82.8082.000.97%
Cumulative Contribution49.43%

LTM = Last Twelve Months as of date shown

Market Drivers

6/27/2025 to 12/26/2025
ReturnCorrelation
ATMU49.4% 
Market (SPY)12.6%49.6%
Sector (XLY)11.9%40.9%

Fundamental Drivers

The 36.7% change in ATMU stock from 12/26/2024 to 12/26/2025 was primarily driven by a 21.8% change in the company's P/E Multiple.
1226202412262025Change
Stock Price ($)39.0753.4236.72%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)1662.601724.403.72%
Net Income Margin (%)10.84%11.57%6.68%
P/E Multiple18.0321.9621.78%
Shares Outstanding (Mil)83.2082.001.44%
Cumulative Contribution36.70%

LTM = Last Twelve Months as of date shown

Market Drivers

12/26/2024 to 12/26/2025
ReturnCorrelation
ATMU36.7% 
Market (SPY)15.8%70.0%
Sector (XLY)5.2%63.3%

Fundamental Drivers

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Market Drivers

12/27/2023 to 12/26/2025
ReturnCorrelation
ATMU131.9% 
Market (SPY)48.0%57.5%
Sector (XLY)37.0%50.7%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
ATMU Return---8%67%37%149%
Peers Return16%38%-12%21%26%16%150%
S&P 500 Return16%27%-19%24%23%18%114%

Monthly Win Rates [3]
ATMU Win Rate---50%67%75% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
ATMU Max Drawdown----15%-8%-19% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

ATMU has limited trading history. Below is the Consumer Discretionary sector ETF (XLY) in its place.

Unique KeyEventXLYS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-40.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven67.4%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven680 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-33.9%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven51.3%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven82 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-21.9%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven28.1%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven105 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-60.1%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven150.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven779 days1,480 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

SPDR Select Sector Fund's stock fell -40.3% during the 2022 Inflation Shock from a high on 11/19/2021. A -40.3% loss requires a 67.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Atmus Filtration Technologies (ATMU)

Atmus is one of the global leaders of filtration products for on-highway commercial vehicles and off-highway agriculture, construction, mining and power generation vehicles and equipment. We design and manufacture advanced filtration products, principally under the Fleetguard brand, that enable lower emissions and provide superior asset protection. We estimate that approximately 16% of our net sales in 2022 were generated through first-fit sales to OEMs, where our products are installed as components for new vehicles and equipment, and approximately 84% were generated in the aftermarket, where our products are installed as replacement or repair parts, leading to a strong recurring revenue base. Building on our 65-year history, we continue to grow and differentiate ourselves through our global footprint, comprehensive offering of premium products, technology leadership and multi-channel path to market. --- Our Global Footprint Our global footprint serves end-users in approximately 150 countries, with approximately 49% of our net sales in 2022 from outside of the United States and Canada. We believe that we, together with our joint ventures in China and India, have a leading position in our on-highway and off-highway markets (our “core markets”) based on net sales in 2022. We maintain strong global customer relationships, supported by an established salesforce with work locations in 25 countries as of December 31, 2022. Also, as of December 31, 2022, we operate through 12 distribution centers, nine manufacturing facilities and five technical facilities plus 10 manufacturing facilities and two technical facilities operated by our joint ventures, giving us presence on six continents. Our Premium Products We offer a full spectrum of filtration solutions that enable lower emissions and provide superior asset protection. Our filtration products provide comprehensive and differentiated solutions, which allow our end-users to extend service intervals, reduce maintenance costs and increase uptime. Our products include fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters and coolants and other chemicals. Our broad range of products in each of our core markets enables one-stop shopping, which we believe is a key competitive advantage. Atmus was incorporated in Delaware as FILT Red, Inc. on April 1, 2022, for the purpose of holding Cummins’ filtration business in connection with the separation and this offering. On December 5, 2022, we filed a Certificate of Amendment with the Delaware Secretary of State to change our name from “FILT Red, Inc.” to “Atmus Filtration Technologies Inc.” Prior to the separation, we have had no operations. Our principal executive offices are located at 26 Century Boulevard, Nashville, Tennessee.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe Atmus Filtration Technologies (ATMU):
  • It's a specialized industrial filtration company, similar to a focused business unit within Parker-Hannifin (PH).
  • A leading global filtration company that directly competes with Donaldson Company (DCI).
  • Like GE HealthCare for General Electric, Atmus is the standalone filtration business spun off from Cummins Inc.

AI Analysis | Feedback

  • Engine Filtration Products: Filters for engines, including air, fuel, lubrication, and crankcase ventilation systems, crucial for engine performance and longevity.
  • Drivetrain Filtration Products: Filters designed for transmissions and other drivetrain components, protecting against contamination and ensuring smooth operation.
  • Hydraulic Filtration Products: Filters used in hydraulic systems across various heavy-duty and industrial applications to maintain fluid cleanliness and protect components.
  • Coolant Filtration Products: Products, including filters and additives, that manage the quality and cleanliness of engine coolant systems, preventing corrosion and deposits.
  • Industrial Filtration Products: Specialized filtration solutions for diverse industrial applications, such as power generation, mining, construction, and oil & gas.

AI Analysis | Feedback

Atmus Filtration Technologies (symbol: ATMU) primarily sells its products to other companies (B2B).

Major Customer:

  • Cummins Inc. (symbol: CMI)

According to Atmus Filtration Technologies' Form 10-K for the fiscal year ended December 31, 2023, sales to Cummins Inc. and its affiliates accounted for 42% of Atmus's consolidated net sales for that year. No other single customer accounted for 10% or more of consolidated net sales.

AI Analysis | Feedback

  • Cummins Inc. (CMI)

AI Analysis | Feedback

Steph Disher, Chief Executive Officer and President

Steph Disher became the Chief Executive Officer and President of Atmus Filtration Technologies upon the company's establishment as a standalone public entity in May 2023, following an initial public offering. Prior to her current role, she served as the Vice President of Cummins Filtration and as Managing Director for Cummins South Pacific. Before joining Cummins, Ms. Disher spent 13 years at BP, holding leadership positions in finance, operations, and human resources. Her experience at BP included work in business transformation, mergers and acquisitions (M&A), portfolio rationalization, and target-integration strategy, as well as serving as finance director for BP Solar Asia Pacific. She has extensive global leadership experience across Australia, Asia, and the United States.

Jack Kienzler, Senior Vice President and Chief Financial Officer

Jack Kienzler has served as the Senior Vice President and Chief Financial Officer of Atmus Filtration Technologies since May 2023. Before this, he held various financial roles at Cummins Filtration Inc., including Division CFO from January 2022 to May 2023. Mr. Kienzler also gained significant experience at Cummins Inc. from April 2014 to February 2022, where he was the Executive Director of Investor Relations and Senior Director of Corporate Development. In his corporate development capacity at Cummins, he was responsible for evaluating strategic opportunities, leading deal negotiations, and executing transactions such as acquisitions, joint ventures, minority equity investments, and licensing. Earlier in his career, from 2008 to 2014, he worked at KPMG Transaction Services in the deal advisory group, serving private equity and strategic clients.

Renee Swan, Senior Vice President and Chief People Officer

Renee Swan serves as the Senior Vice President and Chief People Officer at Atmus Filtration Technologies.

Charles Masters, Senior Vice President and President of Power Solutions

Charles Masters holds the position of Senior Vice President and President of Power Solutions at Atmus Filtration Technologies.

Laura Heltebran, Chief Legal Officer and Corporate Secretary

Laura Heltebran is the Chief Legal Officer and Corporate Secretary for Atmus Filtration Technologies.

AI Analysis | Feedback

Atmus Filtration Technologies (ATMU) faces several key risks to its business operations and financial health:

  1. Geopolitical and Trade Policy Risks: Atmus Filtration Technologies is significantly exposed to potential changes in international trade policies, tariffs, and trade barriers. These changes could affect the demand for its products and its competitive position. The company's largest global manufacturing facility, located in Mexico, supplies the U.S. market, making it particularly vulnerable to any protectionist measures or alterations to existing trade agreements between the U.S. and countries like China, Canada, Mexico, and India. Such changes could materially impact operations and financial performance by increasing product costs and affecting competitiveness.
  2. Dependence on Advanced Technology from Suppliers: The company relies heavily on its suppliers for advanced technology essential to maintaining product quality and efficiency. A substantial portion, approximately 60%, of the filtration materials Atmus uses incorporates unique technologies provided by specialized suppliers. This reliance limits Atmus's ability to switch suppliers, which enhances the bargaining power of its suppliers and can influence input pricing and overall profitability.
  3. High Leverage/Debt: Atmus Filtration Technologies carries a notable amount of debt on its balance sheet. As of March 2025, the company had approximately $405.5 million in net debt. While the company has a high return on equity, this elevated debt level increases its sensitivity to volatility in earnings and interest rates, posing a financial risk.

AI Analysis | Feedback

The increasing adoption of electric vehicles (EVs) and hydrogen fuel cell technology across the transportation and industrial sectors poses a clear emerging threat. Atmus's core business relies heavily on filtration products designed for internal combustion engines (ICEs), including fuel filters, lube oil filters, and specific air filters for combustion and exhaust systems. As original equipment manufacturers (OEMs) shift towards EV and fuel cell platforms for heavy-duty trucks, buses, construction equipment, and other industrial applications, the demand for these ICE-specific filtration components will significantly diminish, requiring Atmus to pivot its product portfolio and potentially eroding a substantial portion of its established market.

AI Analysis | Feedback

Atmus Filtration Technologies (NYSE: ATMU) operates in a significant global market for filtration products, primarily focusing on heavy-duty applications and industrial sectors. The company estimates the total filtration product market to be approximately $74 billion globally as of 2021. Within this, Atmus's core addressable market segments include on- and off-highway vehicles and equipment, and industrial filtration.

  • Total Addressable Filtration Market (Global): Atmus identifies the total product sales for the global filtration market as approximately $74 billion in 2021. This market is segmented into three main areas:
    • Core On- and Off-Highway Vehicles and Equipment: $13 billion (2021, global).
    • Industrial Filtration Market: $44 billion (2021, global).
    • The broader global filters market was estimated at USD 79.25 billion in 2023 and is projected to reach USD 112.87 billion by 2030, with a compound annual growth rate (CAGR) of 5.2% from 2024 to 2030.
  • Industrial Filtration Market: The global industrial filtration market size was estimated at USD 41.24 billion in 2024 and is predicted to grow to approximately USD 68.46 billion by 2034, expanding at a CAGR of 5.20% from 2025 to 2034. North America's industrial filtration market surpassed USD 16.91 billion in 2024.
  • Automotive Engine Filters (Global): This category, which includes air, oil, and fuel filters, had a global market size of $2,719.15 million in 2021 and is projected to reach $3,366 million by the end of 2025. It is expected to grow to $5,157.93 million by 2033, with a CAGR of 5.48% from 2025 to 2033.
  • Fuel Filters:
    • The global automotive fuel filter market size is expected to be valued at USD 2.93 billion in 2024 and is anticipated to reach approximately USD 5.29 billion by 2034, expanding at a CAGR of 6.1% from 2024 to 2034.
    • The U.S. automotive fuel filter market was valued at USD 779.38 million in 2024 and is projected to reach around USD 1,425.66 million by 2034.
    • The industrial fuel filters market is projected to grow from USD 553.5 million in 2025 to USD 910.3 million by 2035, at a CAGR of 5.1%.
    • The broader global fuel filtration system market, encompassing various applications, is estimated at $15 billion in 2025 and is projected to reach approximately $25 billion by 2033, with a CAGR of 6% from 2025 to 2033.
  • Lubricant (Oil) Filtration: The global lubricant filtration market reached US$ 33.5 billion in 2023 and is expected to reach US$ 54.5 billion by 2031, growing with a CAGR of 6.4% during the forecast period 2024-2031. Another estimate shows the lubricant filtration market growing from $32.21 billion in 2024 to $44.56 billion in 2029 at a CAGR of 6.7%.
  • Hydraulic Filters: The global hydraulic filter market was estimated at USD 3.45 billion in 2022 and is likely to grow at a CAGR of 4.71% during 2023-2028 to reach USD 4.55 billion in 2028. Another projection indicates the global hydraulic filter market is valued at USD 2,421.77 million in 2025 and is expected to reach USD 3,689.57 million by 2035, growing at a CAGR of 4.3%. Asia-Pacific is expected to remain the largest market for hydraulic filters.
  • Engine Air Filters: The global engine air filter market size was valued at USD 5,368.90 million in 2023 and is predicted to reach USD 6,416.30 million by the end of 2032, growing with a CAGR of 2.00% during the forecast period. Asia Pacific is considered the dominating region for engine air filters.

AI Analysis | Feedback

Atmus Filtration Technologies (ATMU) is poised for future revenue growth over the next 2-3 years, driven by several key factors:

  • Strategic Pricing Actions: The company has demonstrated a consistent ability to implement price increases, which have contributed to both sales and gross margin expansion in recent quarters. This indicates that strategic pricing will likely continue to be a driver of revenue growth.
  • Volume Growth and Customer Demand: Atmus has experienced higher sales volumes, suggesting growth in demand from its existing customer base and/or the acquisition of new customers. This organic growth in sales volume is a direct contributor to increased revenue.
  • Expansion into Industrial Filtration: Atmus is strategically allocating capital to foster growth not only within its core business but also through expansion into the industrial filtration market. This push into new market segments represents a significant opportunity for future revenue generation.
  • Operational Independence and Enhanced Distribution: The completion of its full operational separation from Cummins Inc. has granted Atmus complete control over its operations, including a fully integrated distribution network. This independence is expected to lead to greater efficiencies and a more agile approach to the market, indirectly supporting revenue growth.
  • Focus on Technology-Leading and Differentiated Solutions: Atmus emphasizes its commitment to providing "technology leading products" and "differentiated filtration solutions." This continuous innovation and focus on superior product offerings are expected to attract and retain customers, contributing to sustained revenue growth.

AI Analysis | Feedback

Capital Allocation Decisions for Atmus Filtration Technologies (ATMU)

Share Issuance

  • Atmus Filtration Technologies became an independent public company on May 26, 2023, through a pro rata distribution by Cummins Inc.
  • Cummins Inc. shareholders received one share of Atmus common stock for every three shares of Cummins common stock they owned.
  • As of December 31, 2023, Atmus had 84,394,422 shares of common stock outstanding.

Capital Expenditures

  • Capital expenditures for the nine months ended September 30, 2023, were $36 million.
  • For fiscal year 2023, the company reported capital expenditures of $46 million.
  • Atmus projects capital expenditures for fiscal year 2024 to be between $55 million and $65 million, primarily focusing on modernization, capacity expansion, and improving capabilities within their manufacturing footprint.

Trade Ideas

Select ideas related to ATMU. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE11302025BBWIBath & Body WorksDip BuyDB | Insider Buys | Low D/EDip Buy with Strong Insider Buying
Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
13.3%13.3%0.0%
HRB_11262025_Dip_Buyer_FCFYield11262025HRBH&R BlockDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.3%5.3%-0.1%
LRN_11262025_Dip_Buyer_FCFYield11262025LRNStrideDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.4%3.4%-4.4%
ABNB_11212025_Dip_Buyer_FCFYield11212025ABNBAirbnbDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
19.7%19.7%0.0%
MTN_11212025_Dip_Buyer_FCFYield11212025MTNVail ResortsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
1.8%1.8%-1.6%

Recent Active Movers

More From Trefis

Peer Comparisons for Atmus Filtration Technologies

Peers to compare with:

Financials

ATMUHPQHPEIBMCSCOAAPLMedian
NameAtmus Fi.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price53.4223.2624.49305.0978.16273.4065.79
Mkt Cap4.421.932.6284.9309.24,074.4158.8
Rev LTM1,72455,29534,29665,40257,696408,62556,496
Op Inc LTM2503,6241,64411,54412,991130,2147,584
FCF LTM1282,80062711,85412,73396,1847,327
FCF 3Y Avg1272,9781,40011,75313,879100,5037,366
CFO LTM1753,6972,91913,48313,744108,5658,590
CFO 3Y Avg1763,6723,89613,49814,736111,5598,697

Growth & Margins

ATMUHPQHPEIBMCSCOAAPLMedian
NameAtmus Fi.HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM3.7%3.2%13.8%4.5%8.9%6.0%5.2%
Rev Chg 3Y Avg--3.9%6.5%2.6%3.7%1.8%2.6%
Rev Chg Q10.9%4.2%14.4%9.1%7.5%9.6%9.4%
QoQ Delta Rev Chg LTM2.6%1.1%3.7%2.1%1.8%2.1%2.1%
Op Mgn LTM14.5%6.6%4.8%17.7%22.5%31.9%16.1%
Op Mgn 3Y Avg13.6%7.4%7.2%16.4%24.2%30.8%15.0%
QoQ Delta Op Mgn LTM0.7%-0.2%-1.4%0.6%0.4%0.1%0.2%
CFO/Rev LTM10.2%6.7%8.5%20.6%23.8%26.6%15.4%
CFO/Rev 3Y Avg10.6%6.8%12.7%21.4%26.1%28.4%17.1%
FCF/Rev LTM7.4%5.1%1.8%18.1%22.1%23.5%12.8%
FCF/Rev 3Y Avg7.6%5.5%4.6%18.6%24.6%25.6%13.1%

Valuation

ATMUHPQHPEIBMCSCOAAPLMedian
NameAtmus Fi.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap4.421.932.6284.9309.24,074.4158.8
P/S2.50.41.04.45.410.03.4
P/EBIT15.16.819.925.122.531.321.2
P/E22.08.6572.736.029.941.033.0
P/CFO25.05.911.221.122.537.521.8
Total Yield4.9%14.1%2.3%5.0%5.4%2.8%4.9%
Dividend Yield0.4%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg5.4%10.6%5.5%6.4%6.0%3.1%5.7%
D/E0.10.50.70.20.10.00.2
Net D/E0.10.30.60.20.00.00.1

Returns

ATMUHPQHPEIBMCSCOAAPLMedian
NameAtmus Fi.HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn4.7%-1.8%14.4%0.6%2.7%-1.5%1.7%
3M Rtn18.8%-11.9%2.7%7.9%17.0%7.1%7.5%
6M Rtn49.4%-4.0%34.5%6.6%15.2%36.3%24.9%
12M Rtn36.7%-27.3%14.2%39.2%33.7%6.0%23.9%
3Y Rtn148.7%-3.8%67.7%139.0%79.5%113.4%96.5%
1M Excs Rtn8.8%-5.6%12.9%-2.2%-0.0%-3.7%-1.1%
3M Excs Rtn14.5%-16.2%-1.7%3.6%12.7%2.8%3.2%
6M Excs Rtn37.2%-16.3%22.3%-5.7%3.0%24.0%12.6%
12M Excs Rtn21.5%-42.9%-0.7%25.0%19.9%-8.4%9.6%
3Y Excs Rtn67.4%-83.5%-11.2%59.6%-1.2%28.4%13.6%

Financials

Segment Financials

Revenue by Segment
$ Mil202420232022
Fuel705675613
Other335313305
Lube305307279
Air282268243
Total1,6281,5621,439


Price Behavior

Price Behavior
Market Price$53.42 
Market Cap ($ Bil)4.4 
First Trading Date05/26/2023 
Distance from 52W High-1.0% 
   50 Days200 Days
DMA Price$49.09$41.55
DMA Trendupup
Distance from DMA8.8%28.6%
 3M1YR
Volatility27.8%33.3%
Downside Capture84.73114.45
Upside Capture150.64128.97
Correlation (SPY)49.4%70.0%
ATMU Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta1.291.091.111.391.18-0.10
Up Beta1.310.821.231.571.19-0.03
Down Beta-0.321.221.021.421.15-0.10
Up Capture242%158%139%174%137%68%
Bmk +ve Days12253873141426
Stock +ve Days11223368128329
Down Capture103%80%92%105%111%89%
Bmk -ve Days7162452107323
Stock -ve Days8192954117292

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
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Based On 5-Year Data
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Based On 10-Year Data
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Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity2,023,198
Short Interest: % Change Since 113020258.1%
Average Daily Volume695,067
Days-to-Cover Short Interest2.91
Basic Shares Quantity82,000,000
Short % of Basic Shares2.5%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/7/20253.0%4.7%8.5%
8/8/20256.1%16.9%19.7%
5/2/20252.4%3.3%2.7%
2/21/2025-3.6%-1.5%-4.1%
11/8/20246.8%3.9%-1.3%
8/2/20243.1%8.6%19.6%
5/3/2024-8.0%-2.1%-4.1%
2/14/2024-1.3%0.5%18.1%
...
SUMMARY STATS   
# Positive776
# Negative334
Median Positive3.0%3.9%17.0%
Median Negative-3.6%-2.1%-2.7%
Max Positive6.8%16.9%19.7%
Max Negative-8.0%-5.2%-4.1%

SEC Filings

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Report DateFiling DateFiling
93020251107202510-Q 9/30/2025
6302025808202510-Q 6/30/2025
3312025502202510-Q 3/31/2025
12312024221202510-K 12/31/2024
93020241108202410-Q 9/30/2024
6302024802202410-Q 6/30/2024
3312024503202410-Q 3/31/2024
12312023214202410-K 12/31/2023
93020231103202310-Q 9/30/2023
6302023809202310-Q 6/30/2023
123120225262023424B4 12/31/2022
123120205162023S-1/A 12/31/2020