Tearsheet

Atmus Filtration Technologies (ATMU)

Market Price (12/5/2025): $52.9 | Market Cap: $4.3 Bil
Sector: Consumer Discretionary | Industry: Automotive Parts & Equipment

Atmus Filtration Technologies (ATMU)

Market Price (12/5/2025): $52.9
Market Cap: $4.3 Bil
Sector: Consumer Discretionary
Industry: Automotive Parts & Equipment

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.9%	Trading close to highs Dist 52W High is -0.1%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10%
2	Low stock price volatility Vol 12M is 33%
3	Megatrend and thematic drivers Megatrends include Water Infrastructure, and Sustainable Resource Management. Themes include Water Treatment & Delivery, Wastewater Management, Show more.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.9%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10%
2	Low stock price volatility Vol 12M is 33%
3	Megatrend and thematic drivers Megatrends include Water Infrastructure, and Sustainable Resource Management. Themes include Water Treatment & Delivery, Wastewater Management, Show more.
4	Trading close to highs Dist 52W High is -0.1%

Valuation, Metrics & Events

	12/5/25	2024	2023	2022	2021
Share Price CYE	$52.90	$38.98	$23.30
Market Cap CYE ($ Bil)	4.3	3.2	1.9	-	-
Total Debt ($ Bil)	0.6	0.6	0.6	0.0	0.0
Total Cash ($ Bil)	0.2	0.2	0.2	0.0	0.0
Enterprise Value ($ Bil)	4.7	3.8	2.5
Valuation Ratios
P/S TTM	2.1	1.9	1.2	0.0	0.0
P/EBIT TTM	12.7	11.8	7.8	0.0	0.0
P/E TTM	18.5	17.6	11.4	0.0	0.0
Sector Ratios
P/S TTM (Sector)	0.8	0.8	0.9	0.8	1.4
P/EBIT TTM (Sector)	7.6	8.0	7.8	6.3	8.3
P/E TTM (Sector)	10.4	11.1	10.7	8.4	10.8

	12/5/25	2024	2023
Share Price CYE	$52.90	$38.98	$23.30
Market Cap CYE ($ Bil)	4.3	3.2	1.9
Total Debt ($ Bil)	0.6	0.6	0.6
Total Cash ($ Bil)	0.2	0.2	0.2
Enterprise Value ($ Bil)	4.7	3.8	2.5
Valuation Ratios
P/S TTM	2.1	1.9	1.2
P/EBIT TTM	12.7	11.8	7.8
P/E TTM	18.5	17.6	11.4
Sector Ratios
P/S TTM (Sector)	0.8	0.8	0.9
P/EBIT TTM (Sector)	7.6	8.0	7.8
P/E TTM (Sector)	10.4	11.1	10.7

	ATMU	S&P 500
REVENUE GROWTH	FAIR
Rev LTM ($ Bil)	1.7
Rev Chg Q	10.9%	7.1%
Rev Chg LTM	3.7%	6.1%
Rev Chg 3Y Avg	3.4%	5.5%
PROFITABILITY	FAIR
Op Inc LTM ($ Bil)	0.3
CFO LTM ($ Bil)	0.2
Net Inc LTM ($ Bil)	0.2
Op Mgn LTM	14.5%	18.8%
CFO/Rev LTM	10.2%	20.5%
Net Inc Mgn	11.6%	13.1%
VALUATION	MODERATE
P/S	2.1	3.2
P/CFO	21.1	15.8
P/FCF	29.0	20.5
P/E	18.5	23.5
STABILITY	VERY GOOD
Debt/Equity	0.17	0.20
Cash/Assets	0.16	0.07

AI Generated Analysis | Feedback

Metric	Value	Date	Source
Worldwide Active or Pending Patents and Patent Applications	over 1,275	12312023	Link
Worldwide Trademark Registrations and Applications	over 600	12312023	Link
Number of Employees	approximately 4,500	12312023	Link
Aftermarket Sales Percentage	approximately 81%	12312023	Link
Largest Customer (Cummins) Revenue Concentration	approximately 17%	12312023	Link
New Products Launched Annually (3-year average)	approximately 300	12312023	Link
Engineers, Scientists, and Technical Specialists	350+	12312023	Link
Technical Centers	5	12312023	Link

Recent
11/07/2025	Earnings Release	Rev: $447 Mil (A) vs. $423 Mil (E) EPS: 0.69 (A) vs. $0.61 (E)
11/25/2025	Dividend	Amount: $0.06 Payment On: 12/10/2025
Upcoming
2/20/2026	Earnings Release	Rev: - EPS: -

ATMU Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

The approximate 18.9% movement in Atmus Filtration Technologies (ATMU) stock from late August 2025 to early December 2025 can be attributed to several significant positive developments for the company. These key points highlight favorable financial performance, strategic growth initiatives, and positive market sentiment. **1. Strong Third Quarter 2025 Earnings Beat and Raised Full-Year Guidance.** Atmus Filtration Technologies reported robust third-quarter results on November 7, 2025, significantly surpassing analyst expectations. The company announced adjusted earnings per share of $0.69, well above the consensus estimate of $0.53, and revenue reached $448 million, an increase of 10.9% year-over-year and exceeding analysts' projection of $413 million. This strong performance led management to raise its full-year 2025 revenue and adjusted earnings forecasts, signaling continued operational strength and positive outlook. **2. Completion of Operational Separation from Cummins Inc.** During the third quarter of 2025, Atmus achieved a significant milestone by completing its operational separation from its former parent company, Cummins Inc., and concluding the associated transition services agreement. This event establishes Atmus as a fully independent entity, which can streamline operations and allow for more focused strategic execution, contributing to investor confidence. **3. Strategic Acquisition of Koch Filter Corporation.** Atmus Filtration Technologies announced the acquisition of Koch Filter Corporation for $450 million around late November 2025. This strategic move is expected to expand Atmus's presence into the industrial air filtration market, diversifying its business beyond traditional on-highway and off-highway vehicle applications. The acquisition broadens the company's product portfolio and market reach, signaling growth opportunities. **4. Positive Analyst Upgrades and Increased Price Targets.** Following these developments, several financial analysts updated their ratings and price targets for ATMU. Notably, on November 26, 2025, JP Morgan upgraded Atmus Filtration Technologies to an "Overweight" rating from "Neutral" and raised its price target to $60 from $53, specifically citing the proposed Koch Filter acquisition as a key factor. Such positive revisions from analysts often drive investor interest and stock price appreciation. **5. Implementation of Share Repurchase Program and Increased Dividend.** In Q3 2025, Atmus initiated a $150 million share repurchase program, buying back $30 million of common stock, and increased its quarterly cash dividend by 10% to $0.055 per share. These actions demonstrate the company's commitment to returning capital to shareholders and reflect confidence in its financial health and future earnings capabilities, which can enhance shareholder value and attract investors.

Show less

Stock Movement Drivers

Fundamental Drivers

The 16.2% change in ATMU stock from 9/4/2025 to 12/4/2025 was primarily driven by a 9.1% change in the company's P/E Multiple.

	9042025	12042025	Change
Stock Price ($)	45.53	52.89	16.17%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1680.40	1724.40	2.62%
Net Income Margin (%)	11.22%	11.57%	3.14%
P/E Multiple	19.93	21.74	9.10%
Shares Outstanding (Mil)	82.50	82.00	0.61%
Cumulative Contribution			16.16%

LTM = Last Twelve Months as of date shown

Market Drivers

9/4/2025 to 12/4/2025

	Return	Correlation
ATMU	16.2%
Market (SPY)	5.4%	49.3%
Sector (XLY)	-49.4%	8.2%

Fundamental Drivers

The 47.2% change in ATMU stock from 6/5/2025 to 12/4/2025 was primarily driven by a 35.0% change in the company's P/E Multiple.

	6052025	12042025	Change
Stock Price ($)	35.93	52.89	47.18%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1659.50	1724.40	3.91%
Net Income Margin (%)	11.14%	11.57%	3.89%
P/E Multiple	16.10	21.74	35.02%
Shares Outstanding (Mil)	82.80	82.00	0.97%
Cumulative Contribution			47.17%

LTM = Last Twelve Months as of date shown

Market Drivers

6/5/2025 to 12/4/2025

	Return	Correlation
ATMU	47.2%
Market (SPY)	15.7%	52.2%
Sector (XLY)	-43.0%	11.4%

Fundamental Drivers

The 23.6% change in ATMU stock from 12/4/2024 to 12/4/2025 was primarily driven by a 10.1% change in the company's P/E Multiple.

	12042024	12042025	Change
Stock Price ($)	42.79	52.89	23.60%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1662.60	1724.40	3.72%
Net Income Margin (%)	10.84%	11.57%	6.68%
P/E Multiple	19.75	21.74	10.09%
Shares Outstanding (Mil)	83.20	82.00	1.44%
Cumulative Contribution			23.57%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2024 to 12/4/2025

	Return	Correlation
ATMU	23.6%
Market (SPY)	13.7%	70.1%
Sector (XLY)	-47.0%	27.8%

Fundamental Drivers

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Market Drivers

12/5/2023 to 12/4/2025

	Return	Correlation
ATMU	134.1%
Market (SPY)	53.3%	56.8%
Sector (XLY)	-29.2%	26.7%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
ATMU Return	-	-	-	-	67%	36%	127%
Peers Return	37%	9%	-19%	15%	-25%	12%	17%
S&P 500 Return	16%	27%	-19%	24%	23%	17%	112%
Monthly Win Rates [3]
ATMU Win Rate	-	-	-	57%	67%	70%
Peers Win Rate	63%	53%	38%	47%	35%	58%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
ATMU Max Drawdown	-	-	-	-	-8%	-19%
Peers Max Drawdown	-63%	-9%	-41%	-14%	-37%	-29%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: PATK, VC, CVGI, APTV, MGA.
[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 12/4/2025 (YTD)

How Low Can It Go

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

Unique Key	Event	XLY	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-40.3%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	67.4%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	680 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-33.9%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	51.3%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	82 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-21.9%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	28.1%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	105 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-60.1%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	150.8%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	779 days	1480 days

Compare to

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

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Asset Allocation

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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 Generated 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 Generated 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 Generated 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 Generated Analysis | Feedback

Cummins Inc. (CMI)

AI Generated 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 Generated 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 Generated 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 Generated 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 Generated 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.

Better Bets than Atmus Filtration Technologies (ATMU)

	ATMU	Better Performance than ATMU
Metric	Value	INDUSTRY: Automotive Parts & Equipment
Rev Chg LTM	3.7%	DAN (14.8%), MOD (8.1%), DORM (7.9%), MBLY (7.6%), PATK (6.1%)
Op Mgn LTM	14.5%	ALSN (30.8%), GNTX (19.0%), DORM (16.7%)
CFO/Rev LTM	10.2%	MBLY (35.8%), ALSN (26.2%), GNTX (25.3%), BWA (12.1%), APTV (11.8%)
FCF/Rev LTM	7.4%	MBLY (32.4%), ALSN (20.5%), GNTX (19.4%), BWA (8.9%), APTV (8.4%)
Total Yield	5.9%	MGA (11.8%), LEA (11.4%), ALV (10.4%), ALSN (10.1%), GNTX (8.0%)
P/S	2.1	LEA (0.2), MGA (0.3), BWA (0.7), ALV (0.9), APTV (0.9)
P/Op Inc	14.8	MGA (6.7), BWA (7.1), ALSN (7.6), ALV (8.4), APTV (9.0)

	ATMU	Better Performance than ATMU
Metric	Value	SECTOR: Consumer Discretionary
Rev Chg LTM	3.7%	MELI (36.9%), BKNG (13.0%), AMZN (10.9%), HD (8.5%), TJX (4.1%)
Op Mgn LTM	14.5%	MCD (46.1%), BKNG (34.5%), ABNB (22.6%), ORLY (19.3%), MAR (16.0%)
CFO/Rev LTM	10.2%	MCD (39.9%), AMZN (18.1%), TSLA (16.5%), HD (10.8%), TJX (10.2%)
FCF/Rev LTM	7.4%	MELI (32.9%), BKNG (31.9%), MCD (28.1%), LOW (9.2%), HD (8.6%)
Total Yield	5.9%	LOW (7.6%), HD (6.5%), GM (6.4%), ROST (6.2%), MCD (6.2%)
P/S	2.1	F (0.3), GM (0.3), LOW (1.5), CPNG (1.7), ROST (1.9)
P/Op Inc	14.8	GM (7.1), DHI (8.0), LOW (12.0), LVS (13.0), F (13.2)

	ATMU	Better Performance than ATMU
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	3.7%	NVDA (71.6%), AVGO (28.0%), MSFT (15.6%), GOOGL (13.4%), AAPL (6.0%)
Op Mgn LTM	14.5%	NVDA (58.1%), MSFT (46.3%), AVGO (39.0%), GOOGL (32.2%), AAPL (31.9%)
CFO/Rev LTM	10.2%	MSFT (50.0%), NVDA (46.6%), AVGO (42.4%), GOOGL (39.3%), AAPL (26.6%)
FCF/Rev LTM	7.4%	NVDA (43.6%), AVGO (41.6%), MSFT (26.6%), AAPL (23.5%), GOOGL (19.1%)
Total Yield	5.9%	XOM (10.3%), JNJ (8.4%), BAC (7.7%), JPM (6.7%), BRK-B (6.2%)
P/S	2.1	UNH (0.7), WMT (1.1), XOM (1.4), COST (1.5), CVX (1.6)
P/Op Inc	14.8	MRK (9.4), UNH (11.9), XOM (12.4), TMUS (13.9), QCOM (14.5)

		Best Bets In Consumer Discretionary Sector
	ATMU	ABNB	BKNG	MCD	ETSY	LOPE	ALSN	GRMN	CROX	WH	YUM
What You Pay
P/E	18.5	28.2	34.7	25.7	36.2	28.8	10.2	30.2	19.7	18.1	29.2
P/EBIT	12.7	27.4	20.8	17.7	15.9	19.2	7.5	26.7	17.2	10.6	16.9
What You Get
Rev Chg Q	10.9%	9.7%	12.7%	3.0%	2.4%	9.6%	-15.9%	11.7%	3.4%	-3.5%	8.4%
Rev Chg LTM	3.7%	10.2%	13.0%	1.2%	2.0%	7.0%	-4.2%	16.6%	2.0%	3.4%	11.6%
Rev Chg 3Y Avg	�	14.2%	17.8%	4.2%	4.9%	6.5%	4.6%	12.2%	14.5%	-2.5%	6.4%
FCF/Rev 3Y Avg	7.6%	40.2%	35.6%	27.4%	23.8%	21.8%	21.0%	20.5%	19.8%	19.0%	18.9%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 14%, alpha of 2.9%, and sharpe of 0.61

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	Is Atmus Filtration Technologies Stock Built to Withstand a Pullback?	Return
2	Is Atmus Filtration Technologies Stock Outperforming Its Rivals?	Peer Comparison
3	Why Atmus Filtration Technologies Stock Moved: ATMU Stock Has Gained 119% Since 2023 Fiscal End, Primarily Due To Favorable Change In Price To Sales Multiple (P/S)
4	Atmus Filtration Technologies (ATMU) Valuation Ratios Comparison	Financials
5	Atmus Filtration Technologies (ATMU) Operating Cash Flow Comparison	Financials
6	Atmus Filtration Technologies (ATMU) Net Income Comparison	Financials
7	Atmus Filtration Technologies (ATMU) Operating Income Comparison	Financials
8	Atmus Filtration Technologies (ATMU) Revenue Comparison	Financials

	Title
0	ARTICLES

Trade Ideas

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

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE	11302025	BBWI	Bath & Body Works	Dip Buy	DB \| 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	9.2%	9.2%	0.0%
HRB_11262025_Dip_Buyer_FCFYield	11262025	HRB	H&R Block	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.4%	2.4%	0.0%
LRN_11262025_Dip_Buyer_FCFYield	11262025	LRN	Stride	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-4.1%	-4.1%	-4.1%
ABNB_11212025_Dip_Buyer_FCFYield	11212025	ABNB	Airbnb	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	5.1%	5.1%	0.0%
MTN_11212025_Dip_Buyer_FCFYield	11212025	MTN	Vail Resorts	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.8%	2.8%	-1.6%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE	11302025	BBWI	Bath & Body Works	Dip Buy	DB \| 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	9.2%	9.2%	0.0%
HRB_11262025_Dip_Buyer_FCFYield	11262025	HRB	H&R Block	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.4%	2.4%	0.0%
LRN_11262025_Dip_Buyer_FCFYield	11262025	LRN	Stride	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-4.1%	-4.1%	-4.1%
ABNB_11212025_Dip_Buyer_FCFYield	11212025	ABNB	Airbnb	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	5.1%	5.1%	0.0%
MTN_11212025_Dip_Buyer_FCFYield	11212025	MTN	Vail Resorts	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.8%	2.8%	-1.6%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
USAR	USA Rare Earth	1.8	24.7%	58557.7%
PATH	UiPath	9.9	24.4%	45.4%
ASTS	AST SpaceMobile	17.6	18.2%	244.3%
FLNC	Fluence Energy	3.1	17.6%	47.0%
SAIC	Science Applications International	4.8	16.3%	-7.7%
AEVA	Aeva Technologies	0.9	16.0%	234.3%
AXGN	Axogen	1.5	16.0%	99.4%
SANA	Sana Biotechnology	1.3	15.9%	217.8%
OKLO	Oklo	15.6	15.6%	425.9%
RGTI	Rigetti Computing	9.0	15.4%	97.0%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
HOV	Hovnanian Enterprises	0.7	-22.5%	-22.4%
SYM	Symbotic	6.6	-17.4%	155.1%
BBW	Build-A-Bear Workshop	0.6	-15.5%	7.1%
DJCO	Daily Journal	0.6	-11.9%	-22.5%
PVH	PVH	3.7	-11.9%	-26.9%
SNOW	Snowflake	78.7	-11.4%	52.0%
QURE	uniQure	1.2	-10.8%	28.8%
MBX	MBX Biosciences	1.0	-10.0%	65.7%
WLY	John Wiley & Sons	1.8	-8.6%	-18.7%
LUMN	Lumen Technologies	8.7	-8.3%	65.3%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TLRY	Tilray Brands	7.7	601.0%	-45.7%
HPP	Hudson Pacific Properties	6.1	591.8%	-36.1%
AEVA	Aeva Technologies	0.9	50.8%	234.3%
MPLT	MapLight Therapeutics	0.8	41.2%
USAR	USA Rare Earth	1.8	40.6%	58557.7%
PATH	UiPath	9.9	36.0%	45.4%
EVEX	Eve	1.6	34.4%	-7.4%
TMC	TMC The Metals	2.9	33.8%	596.4%
TE	T1 Energy	0.8	33.1%
INDI	Indie Semiconductor	0.9	32.1%	13.8%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.0	-52.7%	-69.4%
CTEV	Claritev	0.6	-32.7%
SYM	Symbotic	6.6	-30.7%	155.1%
FULC	Fulcrum Therapeutics	0.5	-22.6%	86.4%
HOV	Hovnanian Enterprises	0.7	-22.0%	-22.4%
VTYX	Ventyx Biosciences	0.6	-19.9%	265.3%
SIG	Signet Jewelers	3.5	-17.8%	7.2%
CMCL	Caledonia Mining	0.5	-17.8%	175.7%
QURE	uniQure	1.2	-17.7%	28.8%
URGN	UroGen Pharma	1.2	-17.5%	128.0%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
LXP	LXP Industrial Trust	2.8	406.1%	25.7%
OLMA	Olema Pharmaceuticals	2.4	237.1%	374.1%
COGT	Cogent Biosciences	5.4	178.2%	404.0%
CDTX	Cidara Therapeutics	5.9	119.6%	720.3%
SGML	Sigma Lithium	1.1	113.2%	-11.1%
IRWD	Ironwood Pharmaceuticals	0.6	99.5%	-15.8%
ALMS	Alumis	0.6	82.4%	5.6%
NPCE	NeuroPace	0.6	80.5%	51.7%
BW	Babcock & Wilcox Enterprises	0.7	80.5%	311.6%
CBLL	CeriBell	0.7	75.4%	-26.0%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
CCOI	Cogent Communications	0.9	-53.0%	-74.0%
UP	Wheels Up Experience	0.5	-48.0%	-60.0%
TLRY	Tilray Brands	7.7	-41.8%	-45.7%
AMSC	American Superconductor	1.4	-41.4%	34.0%
CTEV	Claritev	0.6	-41.2%
BTDR	Bitdeer Technologies	2.5	-40.7%	-41.6%
FRMI	Fermi	11.1	-40.2%
JANX	Janux Therapeutics	1.0	-39.3%	-69.4%
ARDT	Ardent Health	1.2	-39.1%	-48.1%
SMR	NuScale Power	3.4	-35.9%	27.4%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
USAR	USA Rare Earth	1.8	24.7%	58557.7%
PATH	UiPath	9.9	24.4%	45.4%
ASTS	AST SpaceMobile	17.6	18.2%	244.3%
FLNC	Fluence Energy	3.1	17.6%	47.0%
SAIC	Science Applications International	4.8	16.3%	-7.7%
AEVA	Aeva Technologies	0.9	16.0%	234.3%
AXGN	Axogen	1.5	16.0%	99.4%
SANA	Sana Biotechnology	1.3	15.9%	217.8%
OKLO	Oklo	15.6	15.6%	425.9%
RGTI	Rigetti Computing	9.0	15.4%	97.0%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
HOV	Hovnanian Enterprises	0.7	-22.5%	-22.4%
SYM	Symbotic	6.6	-17.4%	155.1%
BBW	Build-A-Bear Workshop	0.6	-15.5%	7.1%
DJCO	Daily Journal	0.6	-11.9%	-22.5%
PVH	PVH	3.7	-11.9%	-26.9%
SNOW	Snowflake	78.7	-11.4%	52.0%
QURE	uniQure	1.2	-10.8%	28.8%
MBX	MBX Biosciences	1.0	-10.0%	65.7%
WLY	John Wiley & Sons	1.8	-8.6%	-18.7%
LUMN	Lumen Technologies	8.7	-8.3%	65.3%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TLRY	Tilray Brands	7.7	601.0%	-45.7%
HPP	Hudson Pacific Properties	6.1	591.8%	-36.1%
AEVA	Aeva Technologies	0.9	50.8%	234.3%
MPLT	MapLight Therapeutics	0.8	41.2%
USAR	USA Rare Earth	1.8	40.6%	58557.7%
PATH	UiPath	9.9	36.0%	45.4%
EVEX	Eve	1.6	34.4%	-7.4%
TMC	TMC The Metals	2.9	33.8%	596.4%
TE	T1 Energy	0.8	33.1%
INDI	Indie Semiconductor	0.9	32.1%	13.8%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.0	-52.7%	-69.4%
CTEV	Claritev	0.6	-32.7%
SYM	Symbotic	6.6	-30.7%	155.1%
FULC	Fulcrum Therapeutics	0.5	-22.6%	86.4%
HOV	Hovnanian Enterprises	0.7	-22.0%	-22.4%
VTYX	Ventyx Biosciences	0.6	-19.9%	265.3%
SIG	Signet Jewelers	3.5	-17.8%	7.2%
CMCL	Caledonia Mining	0.5	-17.8%	175.7%
QURE	uniQure	1.2	-17.7%	28.8%
URGN	UroGen Pharma	1.2	-17.5%	128.0%

Peer Comparisons for Atmus Filtration Technologies

Peers to compare with:

Financials

	ATMU	PATK	VC	CVGI	APTV	MGA	Median
Name	Atmus Fi.	Patrick .	Visteon	Commerci.	Aptiv	Magna In.
Mkt Price	52.89	106.97	100.57	1.63	76.44	48.95	64.66
Mkt Cap	4.3	3.5	2.7	0.1	16.6	13.8	3.9
Rev LTM	1,724	3,873	3,759	677	19,794	41,790	3,816
Op Inc LTM	250	258	341	-4	2,089	1,988	300
FCF LTM	128	183	366	-22	1,657	2,036	275
FCF 3Y Avg	127	290	258	19	1,341	1,133	274
CFO LTM	175	301	495	-10	2,342	3,526	398
CFO 3Y Avg	176	372	384	37	2,165	3,218	378

Growth & Margins

	ATMU	PATK	VC	CVGI	APTV	MGA	Median
Name	Atmus Fi.	Patrick .	Visteon	Commerci.	Aptiv	Magna In.
Rev Chg LTM	3.7%	6.1%	-4.0%	-13.8%	-1.0%	-2.0%	-1.5%
Rev Chg 3Y Avg	-	-7.3%	3.0%	-11.0%	7.7%	4.0%	3.0%
Rev Chg Q	10.9%	6.1%	-6.4%	-11.2%	3.1%	1.8%	2.4%
QoQ Delta Rev Chg LTM	2.6%	1.5%	-1.6%	-3.1%	0.8%	0.4%	0.6%
Op Mgn LTM	14.5%	6.7%	9.1%	-0.6%	10.6%	4.8%	7.9%
Op Mgn 3Y Avg	13.6%	7.2%	7.9%	2.3%	9.8%	4.6%	7.6%
QoQ Delta Op Mgn LTM	0.7%	-0.3%	0.1%	-0.1%	0.1%	-0.0%	0.0%
CFO/Rev LTM	10.2%	7.8%	13.2%	-1.4%	11.8%	8.4%	9.3%
CFO/Rev 3Y Avg	10.6%	10.0%	9.9%	4.6%	11.0%	7.6%	10.0%
FCF/Rev LTM	7.4%	4.7%	9.7%	-3.3%	8.4%	4.9%	6.1%
FCF/Rev 3Y Avg	7.6%	7.9%	6.7%	2.2%	6.8%	2.7%	6.7%

Valuation

	ATMU	PATK	VC	CVGI	APTV	MGA	Median
Name	Atmus Fi.	Patrick .	Visteon	Commerci.	Aptiv	Magna In.
Mkt Cap	4.3	3.5	2.7	0.1	16.6	13.8	3.9
P/S	2.1	0.9	0.9	0.1	0.9	0.3	0.9
P/EBIT	12.7	14.3	8.8	-19.8	9.6	7.1	9.2
P/E	18.5	27.8	10.6	-1.5	18.5	12.9	15.7
P/CFO	21.1	11.1	6.6	-5.8	8.0	3.8	7.3
Total Yield	5.9%	5.2%	9.4%	-68.2%	5.4%	11.8%	5.6%
Dividend Yield	0.5%	1.6%	0.0%	0.0%	0.0%	4.1%	0.2%
FCF Yield 3Y Avg	5.4%	13.3%	8.0%	-4.2%	6.5%	8.6%	7.2%
D/E	0.2	0.5	0.1	2.3	0.4	0.6	0.5
Net D/E	0.1	0.5	-0.1	1.5	0.4	0.5	0.4

Returns

	ATMU	PATK	VC	CVGI	APTV	MGA	Median
Name	Atmus Fi.	Patrick .	Visteon	Commerci.	Aptiv	Magna In.
1M Rtn	15.6%	2.4%	-4.4%	7.2%	-5.5%	1.0%	1.7%
3M Rtn	16.2%	-5.8%	-19.6%	-2.4%	-5.0%	9.0%	-3.7%
6M Rtn	47.2%	19.0%	22.3%	19.0%	16.7%	38.3%	20.6%
12M Rtn	23.6%	18.2%	5.6%	-29.1%	35.5%	12.1%	15.1%
3Y Rtn	-	195.4%	-31.7%	-76.4%	-24.8%	-6.6%	-24.8%
1M Excs Rtn	14.3%	1.1%	-5.7%	6.0%	-6.7%	-0.2%	0.5%
3M Excs Rtn	9.1%	-11.2%	-25.2%	-17.2%	-10.8%	2.0%	-11.0%
6M Excs Rtn	31.7%	3.6%	6.8%	3.5%	1.3%	22.8%	5.2%
12M Excs Rtn	8.4%	7.4%	-7.4%	-46.0%	22.9%	-0.1%	3.7%
3Y Excs Rtn	-	136.2%	-101.7%	-148.3%	-98.2%	-81.5%	-98.2%

Comparison Analyses

	Title
0	Is Atmus Filtration Technologies Stock Outperforming Its Rivals?

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Filing Date	11/7/2025	2/21/2025	2/14/2024	5/26/2023	2/14/2024	5/16/2023
Key Financials
Total Revenue	1,724	1,670	1,628	1,562	1,439	1,233
EBITDA	320	300	274	234	239	222
Operating Income	250	232	215	176	181	158
Net Income	200	186	171	170	170	143
EPS	2.42	2.23	2.06	2.05	2.04	1.71
Growth Rates
Total Revenue Growth	3.7%	2.5%	4.2%	8.6%	16.7%	-
EBITDA Growth	8.0%	9.7%	16.8%	-2.0%	7.6%	-
Operating Income Growth	7.8%	8.0%	22.1%	-2.9%	14.4%	-
Net Income Growth	10.6%	8.3%	0.5%	0.2%	19.1%	-
Margins
EBITDA Margin	18.6%	18.0%	16.8%	15.0%	16.6%	18.0%
Operating Income Margin	14.5%	13.9%	13.2%	11.3%	12.6%	12.8%
Net Income Margin	11.6%	11.1%	10.5%	10.9%	11.8%	11.6%
Cash & Debt
Total Cash	218	184	168	0	0	�
Total Debt	618	632	626	33	10	0
Net Debt / (Cash)	400	447	458	33	10	�
Cash Flows
Net Cash from Operations	175	105	189	166	210	213
Free Cash from Operations	128	57	143	128	176	187
Returns to Shareholders
Dividends	17	8	-0	-0	-0	-0
Share Repurchases	70	20	-0	-0	-0	-0

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/7/2025	8/8/2025	5/2/2025	2/21/2025	11/8/2024	8/2/2024	5/3/2024	2/14/2024	11/3/2023	8/9/2023	5/26/2023	5/26/2023
Key Financials Quarterly
Total Revenue	448	454	416	407	404	433	427	400	396	414	419	385
Ebitda	88	93	72	67	70	89	74	63	65	71	74	47
Operating Income	74	74	56	47	55	72	58	47	51	56	61	30
Net Income	55	60	45	40	44	56	46	35	38	46	53	36
EPS	0.67	0.73	0.54	0.48	0.53	0.67	0.55	0.42	0.45	0.55	0.63	0.43
Key Financials TTM
Total Revenue TTM	1,724	1,680	1,660	1,670	1,663	1,655	1,636	1,628	1,614	1,619	1,598	1,562
Ebitda TTM	320	302	298	300	296	291	273	274	257	262	258	234
Operating Income TTM	250	232	229	232	232	228	212	215	197	204	201	176
Net Income TTM	200	188	185	186	180	174	164	171	172	185	188	170
Growth Rates Quarterly
Total Revenue Growth	10.9%	4.8%	-2.4%	1.8%	1.9%	4.6%	1.9%	3.8%	-1.2%	5.2%	9.4%	-
EBITDA Growth	25.1%	4.4%	-2.4%	6.2%	7.8%	25.1%	-0.4%	34.8%	-7.3%	6.5%	47.2%	-
Operating Income Growth	33.4%	3.6%	-4.3%	-0.8%	8.7%	28.1%	-4.3%	58.0%	-12.0%	6.5%	69.8%	-
Net Income Growth	25.1%	6.6%	-1.8%	15.2%	16.5%	21.6%	-13.7%	-3.3%	-25.4%	-6.1%	51.4%	-
Margins Quarterly
EBITDA Margin	19.6%	20.4%	17.4%	16.5%	17.4%	20.5%	17.4%	15.8%	16.4%	17.1%	17.8%	12.2%
Operating Income Margin	16.4%	16.4%	13.4%	11.6%	13.6%	16.6%	13.6%	11.9%	12.8%	13.5%	14.5%	7.8%
Net Income Margin	12.2%	13.2%	10.7%	9.9%	10.8%	13.0%	10.7%	8.7%	9.5%	11.2%	12.6%	9.3%
Cash & Debt
Total Cash	218	191	183	184	197	160	149	168	139	140	110	0
Total Debt	618	624	630	632	637	634	629	626	627	677	688	33
Net Debt / (Cash)	400	433	446	447	440	474	480	458	488	537	578	33
Cash Flows Quarterly
FCF from Operations	82	44	29	20	71	23	-8	42	58	46	43	78
Cash Flows TTM
FCF from Operations TTM	175	164	142	105	127	115	138	189	225	215	206	166
Returns to Shareholders Quarterly
Dividends	4	4	4	4	4	0	0	0	0	0	0	0
Share Repurchases	30	20	10	10	10	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	56.2%	53.5%	39.3%	33.1%	40.9%	47.3%	37.9%	30.5%	31.9%	31.4%	32.1%	21.4%
Return on Invested Capital (ROIC) TTM
ROIC TTM	48.8%	42.4%	40.7%	41.0%	41.2%	37.0%	33.7%	35.5%	31.6%	29.8%	27.7%	29.0%

Price Behavior

Price Behavior

Market Price	$52.89
Market Cap ($ Bil)	4.3
First Trading Date	05/26/2023
Distance from 52W High	-0.1%
	50 Days	200 Days
DMA Price	$46.53	$40.43
DMA Trend	up	up
Distance from DMA	13.7%	30.8%
	3M	1YR
Volatility	26.9%	33.3%
Downside Capture	90.50	117.70
Upside Capture	139.72	123.90
Correlation (SPY)	50.4%	70.1%

ATMU Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.29	1.09	1.11	1.39	1.18	-0.10
Up Beta	1.31	0.82	1.23	1.57	1.19	-0.03
Down Beta	-0.32	1.22	1.02	1.42	1.15	-0.10
Up Capture	242%	158%	139%	174%	137%	68%
Bmk +ve Days	12	25	38	73	141	426
Stock +ve Days	11	22	33	68	128	329
Down Capture	103%	80%	92%	105%	111%	89%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	8	19	29	54	117	292

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

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 Date	11142025
Short Interest: Shares Quantity	1,887,155
Short Interest: % Change Since 10312025	0.7%
Average Daily Volume	808,849
Days-to-Cover Short Interest	2.33
Basic Shares Quantity	82,000,000
Short % of Basic Shares	2.3%

Returns Analyses

	Title
0	Is Atmus Filtration Technologies Stock Built to Withstand a Pullback?

SEC Filings

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Report Date	Filing Date	Filing
9302025	11072025	10-Q 9/30/2025
6302025	8082025	10-Q 6/30/2025
3312025	5022025	10-Q 3/31/2025
12312024	2212025	10-K 12/31/2024
9302024	11082024	10-Q 9/30/2024
6302024	8022024	10-Q 6/30/2024
3312024	5032024	10-Q 3/31/2024
12312023	2142024	10-K 12/31/2023
9302023	11032023	10-Q 9/30/2023
6302023	8092023	10-Q 6/30/2023
12312022	5262023	424B4 12/31/2022
12312020	5162023	S-1/A 12/31/2020

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4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
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Atmus Filtration Technologies (ATMU)

Market Price (12/5/2025): $52.9 | Market Cap: $4.3 BilSector: Consumer Discretionary | Industry: Automotive Parts & Equipment

Atmus Filtration Technologies (ATMU)

Market Price (12/5/2025): $52.9Market Cap: $4.3 BilSector: Consumer DiscretionaryIndustry: Automotive Parts & Equipment

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Market Price (12/5/2025): $52.9 | Market Cap: $4.3 Bil
Sector: Consumer Discretionary | Industry: Automotive Parts & Equipment

Market Price (12/5/2025): $52.9
Market Cap: $4.3 Bil
Sector: Consumer Discretionary
Industry: Automotive Parts & Equipment