ATMU
Atmus Filtration Technologies Inc.
ATMU's fundamentals are strong, but it looks expensive: trading at 21x earnings, above its usual 18x. Analysts expect earnings growth.
ATMU Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Stable |
ATMU's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
ATMU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 14x | $38.96 | -30% |
| Forward | 17x | $55.82 | — |
| Fair | 18x | $47.60 | -15% |
| Expensive | 21x | $55.50 | -0.6% |
| Current | 21x | $55.82 | — |
Historical ranges are pointers, not guarantees.
ATMU's PE is in its expensive range at 21x. If earnings grow as analysts expect, today's price would be 17x next year's earnings, in its fair range.
ATMU Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for ATMU, with profitability improving.
ATMU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.27 | +21% |
| Q3 2026 | $2.69 | +12% |
| Q2 2026 | $2.61 | +15% |
| Q1 2026 | $2.55 | +15% |
| Q4 2025 | $2.50 | +13% |
| Q3 2025 | $2.41 | +12% |
| Q2 2025 | $2.27 | +9.1% |
| Q1 2025 | $2.22 | +13% |
| Q4 2024 | $2.22 | +8.3% |
ATMU's earnings per share have climbed steadily: $2.69 over the past year, up 12% from the year before, and higher year over year for nine quarters in a row.
ATMU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $510M | +14% |
| Q2 2026 | $527.9M | +16% |
| Q1 2026 | $477.5M | +15% |
| Q4 2025 | $446.6M | +9.8% |
| Q3 2025 | $447.7M | +11% |
| Q2 2025 | $453.5M | +4.8% |
| Q1 2025 | $416.5M | -2.4% |
| Q4 2024 | $406.7M | +1.8% |
ATMU's revenue has grown year over year for six quarters in a row: $510M last quarter, up 14% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 18% | -0.5 points |
| Q2 2026 | 18% | +0.4 points |
| Q1 2026 | 16% | +0.4 points |
| Q4 2025 | 16% | +2.4 points |
| Q3 2025 | 18% | +2.6 points |
| Q2 2025 | 18% | -0.4 points |
| Q1 2025 | 16% | -0.5 points |
| Q4 2024 | 13% | -0.6 points |
ATMU's operating margin was 18% last quarter, down 0.5 points from the same quarter a year ago.
ATMU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $87.2M | +27% |
| Q2 2026 | $64.8M | +100% |
| Q1 2026 | $25.5M | +56% |
| Q4 2025 | $31.2M | +212% |
| Q3 2025 | $68.9M | +27% |
| Q2 2025 | $32.4M | +187% |
| Q1 2025 | $16.3M | +$35.1M |
| Q4 2024 | $10M | -61% |
ATMU generated $209M in free cash flow over the past year, up 64% from the year before.
ATMU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -100K shares |
| 1 year | -1% | -800K shares |
| 3 years | -1.8% | -1.5M shares |
ATMU has 82M diluted shares, down 1% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $20.1M |
| Q2 2026 | $13M |
| Q1 2026 | $7.3M |
| Q4 2025 | $900,000 |
| Q3 2025 | $29.7M |
| Q2 2025 | $20.1M |
| Q1 2025 | $10M |
| Q4 2024 | $10M |
ATMU spent $41M buying back its own shares over the past year, down 41% from the year before.
ATMU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.8x | Healthy |
| Q2 2026 | 2.0x | Moderate |
| Q1 2026 | 2.3x | Moderate |
| Q4 2025 | 1.0x | Healthy |
| Q3 2025 | 1.2x | Healthy |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 1.4x | Healthy |
| Q4 2024 | 1.4x | Healthy |
ATMU's net debt is about 1.8 years of its operating earnings (EBITDA), up from 1.1 years a year ago.
ATMU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.9 | Neutral |
| Stochastic | 63.6 | Neutral |
ATMU's weekly RSI is 62 (neutral) and its Stochastic is 64 (neutral).
ATMU PE vs Industrials Sector
| Metric | ATMU | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 24x | 14% below |
| PE % | 85 | 57 | 28 pts above |
ATMU is trading at 21x earnings, a 14% discount to the Industrials sector's median of 24x.
ATMU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $46.8 | 19% above |
| 20 week MA | $48.4 | 15% above |
| 50 week MA | $52.9 | 5.5% above |
| 100 week MA | $46.6 | 20% above |
ATMU is in an uptrend: it's above all four of its weekly moving averages, and 20% above its 100-week average.
ATMU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2023 | $21.7 | $23.5 | +8.5% |
| 2024 | $23.5 | $38.7 | +65% |
| 2025 | $38.7 | $53.4 | +38% |
| 2026 YTD | $53.4 | $55.8 | +4.5% |
ATMU has finished every year since 2023 higher, and it's up 4.5% so far in 2026.