ATS

Company Overview — What Does ATS Corp /ATS Do?

ATS Corporation, together with its subsidiaries, provides automation solutions worldwide. The company is also involved in planning, designing, building, commissioning, and servicing automated manufacturing and assembly systems, including automation products and test solutions. In addition, it offers pre-automation services comprising discovery and analysis, concept development, simulation, and total cost of ownership modelling; post automation services, including training, process optimization, preventative maintenance, emergency and on-call support, spare parts, retooling, retrofits, and equipment relocation; and contract manufacturing services, as well as after sales and services. Further, the company provides engineering design, prototyping, process verification, specification writing, software and manufacturing process controls development, standard automation products/platforms, equipment design and build, third-party equipment qualification, procurement and integration, automation system installation, product line commissioning, validation, and documentation services. Additionally, it offers value engineering, supply chain management, and integration and manufacturing capabilities, as well as other automation products and solutions; and software and digital solutions comprising connected factory floor management systems to capture, analyze, and use real time machine performance data to troubleshoot, deliver process and product solutions, prevent equipment downtime, drive operational efficiency, and unlock performance for sustainable production improvements. ATS Corporation serves life sciences, transportation and mobility, consumer products, food and beverage, electronics, nuclear, packaging, warehousing and distribution, and energy markets. The company was formerly known as ATS Automation Tooling Systems Inc. and changed its name to ATS Corporation in November 2022. ATS Corporation was founded in 1978 and is headquartered in Cambridge, Canada. ATS Corp /ATS (ATS) is classified as a mid-cap stock in the Industrials sector, specifically within the Machinery industry. The company is led by CEO Andrew P. Hider. With a market capitalization of $2.8B, ATS is one of the notable companies in the Industrials sector.

ATS Corp /ATS (ATS) Stock Rating — Reduce (April 2026)

As of April 2026, ATS Corp /ATS receives a Reduce rating with a composite score of 37.5/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.ATS ranks #3,055 out of 4,446 stocks in our coverage universe. Within the Industrials sector, ATS Corp /ATS ranks #514 of 752 stocks, placing it in the lower half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

ATS Stock Price and 52-Week Range

ATS Corp /ATS (ATS) currently trades at $30.69. The stock gained $0.01 (0.0%) in the most recent trading session. The 52-week high for ATS is $33.01, which means the stock is currently trading -7.0% from its annual peak. The 52-week low is $20.90, putting the stock 46.8% above its annual trough. Recent trading volume was 64K shares, suggesting relatively thin trading activity.

Is ATS Overvalued or Undervalued? — Valuation Analysis

ATS Corp /ATS (ATS) carries a value factor score of 42/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The price-to-book ratio stands at 2.31x, versus the sector average of 2.23x. The price-to-sales ratio is 0.39x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, ATS trades at 79.03x EV/EBITDA, versus 5.70x for the sector.

Overall, ATS's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.

ATS Corp /ATS Profitability — ROE, Margins, and Quality Score

ATS Corp /ATS (ATS) earns a quality factor score of 32/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -6.6%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -2.4% versus the sector average of 3.3%.

On a margin basis, ATS Corp /ATS reports gross margins of 24.7%, compared to 35.8% for the sector. The operating margin is -0.4% (sector: 6.2%). Net profit margin stands at -1.1%, versus 3.9% for the average Industrials stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

ATS Debt, Balance Sheet, and Financial Health

ATS Corp /ATS has a debt-to-equity ratio of 98.0%, compared to the Industrials sector average of 70.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. Total debt on the balance sheet is $1.16B. Cash and equivalents stand at $157M.

ATS has a beta of 1.54, meaning it is more volatile than the broader market — a $10,000 investment in ATS would be expected to move 54.0% more than the S&P 500 on any given day. The stability factor score for ATS Corp /ATS is 52/100, reflecting average volatility within the normal range for its sector.

ATS Corp /ATS Revenue and Earnings History — Quarterly Trend

In TTM 2026, ATS Corp /ATS reported revenue of $1.74B. Net income for the quarter was $-19M. Gross margin was 24.7%. Operating income came in at $-7M.

In FY 2025, ATS Corp /ATS reported revenue of $1.74B. Net income for the quarter was $-19M. Gross margin was 24.7%. Revenue grew -22.2% year-over-year compared to FY 2024. Operating income came in at $-7M.

In FY 2024, ATS Corp /ATS reported revenue of $2.24B and earnings per share (EPS) of $1.98. Net income for the quarter was $143M. Gross margin was 28.2%. Revenue grew 17.5% year-over-year compared to FY 2023. Operating income came in at $233M.

In FY 2023, ATS Corp /ATS reported revenue of $1.91B and earnings per share (EPS) of $1.39. Net income for the quarter was $94M. Gross margin was 28.2%. Operating income came in at $165M.

Over the past 4 quarters, ATS Corp /ATS has experienced revenue contraction from $1.91B to $1.74B. Investors analyzing ATS stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

ATS Dividend Yield and Income Analysis

ATS Corp /ATS (ATS) does not currently pay a dividend. This is common among smaller companies in the Machinery industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.

ATS Momentum and Technical Analysis Profile

ATS Corp /ATS (ATS) has a momentum factor score of 47/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 48/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 2/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

ATS vs Competitors — Industrials Sector Ranking and Peer Comparison

Within the Industrials sector, ATS Corp /ATS (ATS) ranks #514 out of 752 stocks based on the Blank Capital composite score. This places ATS in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.

Comparing ATS against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full ATS vs S&P 500 (SPY) comparison to assess how ATS Corp /ATS stacks up against the broader market across all factor dimensions.

ATS Next Earnings Date

No upcoming earnings date has been announced for ATS Corp /ATS (ATS) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy ATS? — Investment Thesis Summary

The quantitative profile for ATS Corp /ATS suggests caution. The quality score of 32/100 flags below-average profitability.

In summary, ATS Corp /ATS (ATS) earns a Reduce rating with a composite score of 37.5/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on ATS stock.

Related Resources for ATS Investors

Explore more research and tools: ATS vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare ATS head-to-head with peers: ATS vs SOBO, ATS vs TEN, ATS vs GLDD.