NCR Atleos Corp (NATL)

NCR Atleos Corporation, a financial technology company, engages in the provision of self-directed banking solutions to financial institutions, merchants, manufacturers, retailers, and consumers in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through three segments: Self-Service Banking; Network; and Telecommunications & Technology (T&T). It offers solutions, including a line of automated teller machine (ATM) hardware and software, as well as elated installation, maintenance, and managed and professional services; and ATM as a service to manage and run for financial institutions that include back office, cash management, software management, and ATM deployment. The company also provides network of ATMs and multi-functioning financial services kiosks for financial institutions, financial technology companies, neobanks, and retailers; Allpoint network which provides cash withdrawal and deposit access to credit unions, banks, digital banks, fintechs, stored-value debit card issuers, and other consumer financial services providers; and ATM branding solutions to financial institutions, ATM management and services to retailers and other businesses, and LibertyX solution which gives consumers the ability to buy and sell Bitcoin. In addition, it offers managed network and infrastructure services to enterprise clients across various industries through communications service providers and technology manufacturers; and professional, field, and remote services for modern network technologies, including software-defined wide area networking, network functions virtualization, wireless local area networks, optical networking, and edge networks. NCR Atleos Corporation was founded in 1884 and is headquartered in Atlanta, Georgia.

Ticker
NATL
Exchange
NYSE
Sector
Technology
Industry
Software - Application
Market cap
$3.49B
52-week range
$33.31 - $48.60

Valuation

Share price
$47.18 (close of Nov 6, 2026)
P/E (TTM)
13.03x
Price to book
6.19x
Price to free cash flow
11.28x
Enterprise value
$5.87B
Book value per share
$7.62

Price performance

PeriodChange
1 day+0.40%
5 days+2.97%
1 month+3.31%
3 months+1.38%
6 months+5.36%
Year to date+23.80%
1 year+34.84%
3 years+92.18%
All time+105.13%

Short interest

As of
Oct 15, 2026
Short % of float
5.50%
Shares short
3.05M
Days to cover
3.28
Change since prior report
-17.21%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
40.30%
Return on invested capital
13.67%
Return on assets
2.86%
Return on capital employed
12.68%
Gross margin
24.37%
Net margin
3.72%
EBITDA margin
17.34%
Revenue growth
1.14%
Net income growth
102.50%
Free cash flow growth
-7.00%

Cash flow and balance sheet

Free cash flow yield (TTM)
8.86%
Current ratio
0.90x
Net debt to EBITDA
2.77x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$4.35B
Cost of revenue
$3.29B
Gross profit
$1.06B
EBITDA
$755.00M
Net income
$162.00M
Earnings per share
$2.20
Research and development
$70.00M
Interest expense
$270.00M
Shares outstanding
73.50M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$4.35B$1.06B$162.00M$2.20
2024-12-31$4.30B$1.02B$80.00M$1.11
2023-12-31$4.19B$928.00M-$150.00M-$2.12
2022-12-31$4.12B$908.00M$99.00M$1.40
2021-12-31$3.55B$892.00M$186.00M$2.63

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3124.37%3.72%40.30%13.67%
2024-12-3123.69%1.86%35.87%12.01%
2023-12-3122.17%-3.58%-67.57%3.93%
2022-12-3122.03%2.40%3.05%5.08%
2021-12-3125.13%5.24%7.97%4.85%

Cash and debt by year

Period endCashDebt
2025-12-31$456.00M$2.67B
2024-12-31$419.00M$2.86B
2023-12-31$339.00M$2.94B
2022-12-31$293.00M-
2021-12-31$238.00M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$239.00M$34.00M
2024-12-31$257.00M$38.00M
2023-12-31$247.00M$68.00M
2022-12-31$216.00M$66.00M
2021-12-31$369.00M$82.00M

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-11-04Sep 2026-
2026-08-05Jun 2026$1.05
2026-05-06Mar 2026$0.89
2026-02-26Dec 2025$1.22
2025-11-05Sep 2025$0.90
2025-08-06Jun 2025$0.69
2025-05-07Mar 2025$0.41
2025-03-03Dec 2024$0.94

Filings and sources

Company website
ncratleos.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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