vs

Side-by-side financial comparison of ATI INC (ATI) and Simon Property Group (SPG). Click either name above to swap in a different company.

Simon Property Group is the larger business by last-quarter revenue ($1.8B vs $1.2B, roughly 1.6× ATI INC). Simon Property Group runs the higher net margin — 197.6% vs 10.3%, a 187.3% gap on every dollar of revenue. On growth, Simon Property Group posted the faster year-over-year revenue change (13.2% vs 0.6%). Simon Property Group produced more free cash flow last quarter ($948.8M vs $74.6M). Over the past eight quarters, Simon Property Group's revenue compounded faster (11.4% CAGR vs 2.5%).

ATI Technologies Inc. was a Canadian semiconductor technology corporation based in Markham, Ontario, that specialized in the development of graphics processing units and chipsets. Founded in 1985, the company listed publicly in 1993 and was acquired by AMD in 2006. As a major fabless semiconductor company, ATI conducted research and development in-house and outsourced the manufacturing and assembly of its products. With the decline and eventual bankruptcy of 3dfx in 2000, ATI and its chief ri...

Simon Media Properties, LLC, doing business as Simon Property Group, Inc., is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. As of December 31, 2024, it owned interests in 232 properties.

ATI vs SPG — Head-to-Head

Bigger by revenue
SPG
SPG
1.6× larger
SPG
$1.8B
$1.2B
ATI
Growing faster (revenue YoY)
SPG
SPG
+12.6% gap
SPG
13.2%
0.6%
ATI
Higher net margin
SPG
SPG
187.3% more per $
SPG
197.6%
10.3%
ATI
More free cash flow
SPG
SPG
$874.2M more FCF
SPG
$948.8M
$74.6M
ATI
Faster 2-yr revenue CAGR
SPG
SPG
Annualised
SPG
11.4%
2.5%
ATI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ATI
ATI
SPG
SPG
Revenue
$1.2B
$1.8B
Net Profit
$118.2M
$3.5B
Gross Margin
22.8%
Operating Margin
14.2%
49.7%
Net Margin
10.3%
197.6%
Revenue YoY
0.6%
13.2%
Net Profit YoY
21.9%
358.7%
EPS (diluted)
$0.85
$9.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATI
ATI
SPG
SPG
Q1 26
$1.2B
Q4 25
$1.2B
$1.8B
Q3 25
$1.1B
$1.6B
Q2 25
$1.1B
$1.5B
Q1 25
$1.1B
$1.5B
Q4 24
$1.2B
$1.6B
Q3 24
$1.1B
$1.5B
Q2 24
$1.1B
$1.5B
Net Profit
ATI
ATI
SPG
SPG
Q1 26
$118.2M
Q4 25
$96.6M
$3.5B
Q3 25
$110.0M
$702.7M
Q2 25
$100.7M
$643.7M
Q1 25
$97.0M
$477.9M
Q4 24
$137.1M
$771.8M
Q3 24
$82.7M
$546.7M
Q2 24
$81.9M
$569.4M
Gross Margin
ATI
ATI
SPG
SPG
Q1 26
22.8%
Q4 25
23.2%
Q3 25
22.7%
Q2 25
21.3%
Q1 25
20.6%
Q4 24
21.2%
Q3 24
21.4%
Q2 24
20.8%
Operating Margin
ATI
ATI
SPG
SPG
Q1 26
14.2%
Q4 25
14.5%
49.7%
Q3 25
14.4%
50.8%
Q2 25
14.1%
49.7%
Q1 25
12.8%
49.4%
Q4 24
17.8%
52.8%
Q3 24
13.5%
51.9%
Q2 24
13.0%
51.7%
Net Margin
ATI
ATI
SPG
SPG
Q1 26
10.3%
Q4 25
8.2%
197.6%
Q3 25
9.8%
43.9%
Q2 25
8.8%
43.0%
Q1 25
8.5%
32.4%
Q4 24
11.7%
48.8%
Q3 24
7.9%
36.9%
Q2 24
7.5%
39.0%
EPS (diluted)
ATI
ATI
SPG
SPG
Q1 26
$0.85
Q4 25
$0.70
$9.34
Q3 25
$0.78
$1.86
Q2 25
$0.70
$1.70
Q1 25
$0.67
$1.27
Q4 24
$0.94
$2.04
Q3 24
$0.57
$1.46
Q2 24
$0.58
$1.51

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATI
ATI
SPG
SPG
Cash + ST InvestmentsLiquidity on hand
$401.7M
$823.1M
Total DebtLower is stronger
$1.8B
$28.4B
Stockholders' EquityBook value
$1.9B
$5.2B
Total Assets
$5.2B
$40.6B
Debt / EquityLower = less leverage
0.95×
5.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATI
ATI
SPG
SPG
Q1 26
$401.7M
Q4 25
$416.7M
$823.1M
Q3 25
$372.2M
$1.6B
Q2 25
$319.6M
$1.2B
Q1 25
$475.8M
$1.4B
Q4 24
$721.2M
$1.4B
Q3 24
$406.6M
$2.5B
Q2 24
$425.6M
$2.5B
Total Debt
ATI
ATI
SPG
SPG
Q1 26
$1.8B
Q4 25
$1.7B
$28.4B
Q3 25
$1.7B
$25.8B
Q2 25
$1.7B
$25.4B
Q1 25
$1.7B
$24.8B
Q4 24
$1.7B
$24.3B
Q3 24
$1.9B
$25.4B
Q2 24
$1.9B
$25.3B
Stockholders' Equity
ATI
ATI
SPG
SPG
Q1 26
$1.9B
Q4 25
$1.8B
$5.2B
Q3 25
$1.7B
$2.3B
Q2 25
$1.7B
$2.5B
Q1 25
$1.9B
$2.6B
Q4 24
$1.9B
$2.9B
Q3 24
$1.8B
$2.7B
Q2 24
$1.4B
$2.9B
Total Assets
ATI
ATI
SPG
SPG
Q1 26
$5.2B
Q4 25
$5.1B
$40.6B
Q3 25
$5.0B
$33.6B
Q2 25
$5.0B
$33.3B
Q1 25
$5.2B
$32.5B
Q4 24
$5.2B
$32.4B
Q3 24
$5.1B
$33.3B
Q2 24
$4.9B
$33.4B
Debt / Equity
ATI
ATI
SPG
SPG
Q1 26
0.95×
Q4 25
0.95×
5.46×
Q3 25
1.00×
10.98×
Q2 25
0.98×
10.36×
Q1 25
0.91×
9.50×
Q4 24
0.93×
8.25×
Q3 24
1.04×
9.37×
Q2 24
1.37×
8.59×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATI
ATI
SPG
SPG
Operating Cash FlowLast quarter
$1.2B
Free Cash FlowOCF − Capex
$74.6M
$948.8M
FCF MarginFCF / Revenue
6.5%
53.0%
Capex IntensityCapex / Revenue
14.2%
Cash ConversionOCF / Net Profit
0.34×
TTM Free Cash FlowTrailing 4 quarters
$554.1M
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATI
ATI
SPG
SPG
Q1 26
Q4 25
$315.8M
$1.2B
Q3 25
$229.5M
$890.3M
Q2 25
$161.5M
$1.2B
Q1 25
$-92.5M
$827.2M
Q4 24
$380.9M
$1.1B
Q3 24
$24.0M
$892.9M
Q2 24
$101.1M
$1.1B
Free Cash Flow
ATI
ATI
SPG
SPG
Q1 26
$74.6M
Q4 25
$223.1M
$948.8M
Q3 25
$167.0M
$685.0M
Q2 25
$89.4M
$971.3M
Q1 25
$-145.8M
$597.0M
Q4 24
$333.6M
$867.7M
Q3 24
$-41.8M
$706.5M
Q2 24
$40.9M
$874.8M
FCF Margin
ATI
ATI
SPG
SPG
Q1 26
6.5%
Q4 25
19.0%
53.0%
Q3 25
14.8%
42.8%
Q2 25
7.8%
64.8%
Q1 25
-12.7%
40.5%
Q4 24
28.4%
54.8%
Q3 24
-4.0%
47.7%
Q2 24
3.7%
60.0%
Capex Intensity
ATI
ATI
SPG
SPG
Q1 26
Q4 25
7.9%
14.2%
Q3 25
5.6%
12.8%
Q2 25
6.3%
16.3%
Q1 25
4.7%
15.6%
Q4 24
4.0%
13.8%
Q3 24
6.3%
12.6%
Q2 24
5.5%
12.9%
Cash Conversion
ATI
ATI
SPG
SPG
Q1 26
Q4 25
3.27×
0.34×
Q3 25
2.09×
1.27×
Q2 25
1.60×
1.89×
Q1 25
-0.95×
1.73×
Q4 24
2.78×
1.41×
Q3 24
0.29×
1.63×
Q2 24
1.23×
1.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATI
ATI

Segment breakdown not available.

SPG
SPG

Real Estate Segment$1.7B95%
Other$86.3M5%

Related Comparisons