Atmus Filtration Technologies Inc. (ATMU)
Atmus Filtration Technologies Inc. specializes in the global design, manufacturing, and distribution of advanced filtration products, marketed under its reputable Fleetguard brand. The company's comprehensive portfolio includes essential components such as fuel, lubrication, air, crankcase ventilation, and hydraulic filters, in addition to coolants and fuel additives. These solutions are critical for a wide array of applications, from on-highway and off-highway commercial vehicles to heavy equipment used in agriculture, construction, mining, and power generation. Atmus serves a diverse international customer base spanning North America, Europe, South America, Asia, Australia, and Africa, catering to original equipment manufacturers (OEMs), various dealers/distributors, and direct end-users. Founded in 1958, the company maintains its headquarters in Nashville, Tennessee, and operates as a subsidiary of Cummins Inc.
Sector: Motor Vehicle Parts & Accessories
Industry: Auto - Parts
Atmus Filtration Technologies Inc.
NYSE:ATMUIndustrials · Industrial - Pollution & Treatment Controls
-0.31%$44.61
AH Close$44.61+0.00%vs close
AH Close$44.61+0.00%vs close
Mkt Cap$3.64B
Float79.2M
O/S81.6M
Inst Own-
SI4.3%
Div Yield0.50%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.76B
Net Income$207.4M
Total Assets$1.35B
Free Cash Flow$148.8M
Debt & Equity
Debt 60%
Equity 40%
Total Debt$570M
Total Equity$378.5M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ATMU's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.35B
Liabilities$972.2M
Accounts Receivable$320.1M
Accounts Payable$201.9M
Inventory$282.3M
PP&E (Net)$197.1M
Goodwill$84.7M
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Revenue | $1.76B | $1.67B | $1.63B | $1.56B | $1.44B | $1.23B | $1.28B |
| YoY Growth | 5.7% | 2.5% | 4.2% | 8.6% | 16.7% | -3.8% | - |
| Cost of Revenue | $1.25B | $1.2B | $1.19B | $1.2B | $1.09B | $923.2M | $968.8M |
| Gross Profit | $509.5M | $474.2M | $441.9M | $359.2M | $349.3M | $309.4M | $312.1M |
| Gross Margin | 28.9% | 28.4% | 27.1% | 23.0% | 24.3% | 25.1% | 24.4% |
| Research and Development | $40.7M | $40.6M | $42.5M | $38.6M | $42M | $39M | $39.2M |
| Selling, General, and Administrative | $184.3M | $0 | $0 | $0 | $0 | $112.1M | $116.6M |
| Other | -$4.3M | $167.4M | $151M | $116.7M | $93.8M | -$40.7M | -$26.4M |
| Total Operating Expenses | $220.7M | $208M | $193.5M | $155.3M | $135.8M | $110.4M | $129.4M |
| Operating Income (EBIT) | $288.8M | $266.2M | $248.4M | $203.9M | $213.5M | $199M | $156.3M |
| Operating Margin | 16.4% | 15.9% | 15.3% | 13.1% | 14.8% | 16.1% | 12.2% |
| Interest Expense | $33.4M | $40.6M | $25.8M | $700K | $800K | $400K | $0 |
| Interest Income | $6.3M | $0 | $0 | $0 | $0 | $0 | $200K |
| Other Income (Expense) | -$22.6M | -$31.4M | -$22M | $8.1M | $3.1M | $1.6M | $26.2M |
| Income Before Tax (EBT) | $266.2M | $234.8M | $226.4M | $212M | $216.6M | $200.6M | $182.5M |
| Income Tax Expense | $58.8M | $49.2M | $55.1M | $41.6M | $46.5M | $57.8M | $30.6M |
| Net Income | $207.4M | $185.6M | $171.3M | $170.4M | $170.1M | $142.8M | $151.9M |
| Net Income Margin | 11.8% | 11.1% | 10.5% | 10.9% | 11.8% | 11.6% | 11.9% |
| Supplementary Data | |||||||
| EPS | 2.52 | 2.23 | 2.06 | 2.05 | 2.04 | 1.71 | 1.82 |
| Diluted EPS | 2.50 | 2.22 | 2.05 | 2.05 | 2.04 | 1.71 | 1.82 |
| Weighted Average OS | 82.20M | 83.20M | 83.30M | 83.30M | 83.30M | 83.30M | 83.30M |
| EBITDA | $329.6M | $286M | $255.3M | $197.5M | $205.4M | $222.1M | $177.2M |
| EBITDA Margin | 18.7% | 17.1% | 15.7% | 12.6% | 14.3% | 18.0% | 13.8% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $236.4M | $184.3M | $168M | $0 | $0 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $17.7M |
| Cash and Short-Term Investments | $236.4M | $184.3M | $168M | $0 | $0 | $17.7M |
| Accounts Receivable | $320.1M | $254.2M | $246.8M | $236M | $222.7M | $199.3M |
| Inventory | $282.3M | $266.6M | $250M | $245M | $245.8M | $198.2M |
| Other Current Assets | $53.6M | $49.9M | $28.2M | $0 | $0 | $0 |
| Total Current Assets | $892.4M | $755M | $693M | $500.3M | $482.1M | $439.2M |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $197.1M | $186.2M | $199.4M | $148.4M | $141.1M | $161.5M |
| Goodwill | $84.7M | $84.7M | $84.7M | $84.7M | $84.7M | $84.7M |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $89.2M | $84.9M | $84.8M | $77M | $87M | $85.5M |
| Deferred Tax Assets | $14M | $18.5M | $14.2M | $14.3M | $0 | $0 |
| Other Long-Term Assets | $73.3M | $61M | $12.5M | $42.7M | $53.4M | $16M |
| Total Long-Term Assets | $458.3M | $435.3M | $395.6M | $367.1M | $366.2M | $347.7M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.35B | $1.19B | $1.09B | $867.4M | $848.3M | $786.9M |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $201.9M | $193.1M | $174.2M | $145.9M | $140.1M | $172.6M |
| Short-Term Debt | $30M | $22.5M | $7.5M | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $21.7M | $10.3M | $13.5M | $14.1M | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $136.3M | $37.2M | $71.4M | $18.2M | $28.8M | $13.4M |
| Total Current Liabilities | $368.2M | $344.9M | $375M | $331M | $319.9M | $256.3M |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $540M | $570M | $592.5M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $500K | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $1.4M | $1.4M | $7.3M | $0 | $0 |
| Other Long-Term Liabilities | $64M | $20M | $20M | $50.3M | $65.9M | $62.8M |
| Total Long-Term Liabilities | $604M | $618M | $632.9M | $80.8M | $91.2M | $83M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $972.2M | $962.9M | $1.01B | $411.8M | $411.1M | $339.3M |
| Stockholders' Equity | ||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $511.4M | $478.8M | $477.9M |
| Retained Earnings | $454.6M | $264.5M | $87.2M | $0 | $0 | $0 |
| Comprehensive Income & Other | -$68.1M | -$79M | -$56.2M | -$55.8M | -$41.6M | -$30.3M |
| Other Stockholders' Equity | -$76.1M | -$37.1M | -$6.5M | -$55.8M | -$41.6M | -$30.3M |
| Total Equity | $378.5M | $227.4M | $80.7M | $455.6M | $437.2M | $447.6M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.35B | $1.19B | $1.09B | $867.4M | $848.3M | $786.9M |
| Supplementary Data | ||||||
| Total Debt | $570M | $631.6M | $625.9M | $32.6M | $35.1M | $28.5M |
| Net Debt | $333.6M | $447.3M | $457.9M | $32.6M | $35.1M | $28.5M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Operating Activities | |||||||
| Net Income | $207.4M | $185.6M | $171.3M | $170.4M | $170.1M | $142.8M | $151.9M |
| Depreciation & Amortization | $30M | $24.8M | $21.5M | $21.6M | $21.6M | $21.1M | $20.9M |
| Deferred Income Tax | $18.7M | -$7.7M | -$10M | -$12.7M | -$2.7M | $3.4M | $0 |
| Stock-Based Compensation | $12.4M | $11.9M | $7.2M | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||
| Accounts Receivable | -$55.2M | -$16.8M | -$10.1M | -$18.3M | -$7.8M | -$6.8M | -$700K |
| Inventory | -$7.1M | -$25.4M | -$4.3M | -$9.7M | -$43.5M | $6.1M | $7.5M |
| Accounts Payable | -$2.3M | -$39.3M | $4.4M | $18.5M | $20.5M | $21.5M | $0 |
| Other Working Capital | $900K | -$16.6M | $21.6M | -$11M | $61.3M | $46M | -$6.6M |
| Total Working Capital Change | -$63.7M | -$98.1M | $11.6M | -$20.5M | $30.5M | $66.8M | $200K |
| Other Non-Cash Items | -$2.1M | -$11.1M | -$12.6M | $6.9M | -$9.6M | -$21M | $30.6M |
| Net Cash from Operating | $202.7M | $105.4M | $189M | $165.7M | $209.9M | $213.1M | $203.6M |
| Investing Activities | |||||||
| Capital Expenditures | -$53.9M | -$48.6M | -$45.8M | -$37.5M | -$33.4M | -$26.5M | -$20M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | -$1M | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $1M | -$1.5M |
| Net Cash from Investing | -$53.9M | -$48.6M | -$45.8M | -$37.5M | -$33.4M | -$26.5M | -$21.5M |
| Financing Activities | |||||||
| Debt Repaid | $22.5M | $7.5M | -$600M | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | -$60.7M | -$20M | $0 | $0 | -$170.4M | -$186.6M | $0 |
| Dividends Paid | -$17.3M | -$8.3M | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$1.2M | $0 | $4.3M | -$128.2M | $170.4M | $0 | -$182.1M |
| Net Cash from Financing | -$101.7M | -$35.8M | $24.8M | -$128.2M | -$176.5M | -$186.6M | -$182.1M |
| Forex Effect | $5M | -$4.7M | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $52.1M | $16.3M | $168M | $0 | $0 | $0 | $0 |
| Supplementary Data | |||||||
| Operating Cash Flow | $202.7M | $105.4M | $189M | $165.7M | $209.9M | $213.1M | $203.6M |
| Capital Expenditure | -$53.9M | -$48.6M | -$45.8M | -$37.5M | -$33.4M | -$26.5M | -$20M |
| Free Cash Flow | $148.8M | $56.8M | $143.2M | $128.2M | $176.5M | $186.6M | $183.6M |
| Cash at Beginning | $184.3M | $168M | $0 | $0 | $0 | $0 | $0 |
| Cash at End | $236.4M | $184.3M | $168M | $0 | $0 | $0 | $0 |