Slide 1: Third Quarter 2025 Earnings Presentation and Business Update
Third Quarter 2025 Earnings Presentation and Business Update August 5, 2025
Slide 2: Cautionary Statements
Cautionary Statements This presentation is provided for general informational purposes only and it does not include every item which may be of interest, nor does it purport to present full and fair disclosure with respect to Atkore Inc. (the “Company” or “Atkore”) or its operational and financial in
Slide 3: Q3 2025 Results & Business Updates
Q3 2025 Results & Business Updates Net Sales Net Income/(Loss) Adjusted EBITDA1 Diluted EPS/(Loss) Per Share Adjusted Diluted EPS1 $M $M $M $/share $/share +5% 123 3.33 822 206 3.80 702 735 186% 186% -14% -20% 43 1.25 116 2.04 100 1.63 Includes Includes impairment impact impairment impact -50 -1.46
Slide 4: Q3 Income Statement Summary
Q3 Income Statement Summary Y/Y Y/Y % ($’s in millions) Q3 2025 Q3 2024 Change Change Net Sales $735.0 $822.4 ($87.3) (10.6%) Operating Income $63.8 $168.5 ($104.6) (62.1%) Net (Loss)/Income $43.0 $123.4 ($80.5) (65.2%) Adjusted EBITDA1 $99.9 $206.1 ($106.2) (51.5%) Adjusted EBITDA Margin2 13.6% 25.
Slide 5: Consolidated Atkore Bridges
Consolidated Atkore Bridges Q3 Net Sales Bridge Net Sales % Change 2025 $822M $15 $3 $735M $101 $4 Volume/Mix 1.9% Price (12.2%) Divestiture (0.5%) Other1 0.2% 2024 Volume/Mix Price Divestiture Other1 2025 Total (10.6%) Adjusted EBITDA Bridge2 Adjusted Diluted EPS Bridge2 $11 $3.80 $206M $11 $100M $
Slide 6: Key Product Area Trends & Portfolio Update
Key Product Area Trends & Portfolio Update FY 2025 YTD Net Sales Year-over-Year Volume/Mix % Change Product Area Trends & Portfolio Updates by Key Product Area1 FY 2025 YTD vs. FY 2024 YTD vs. Metal Framing, FY 2024 YTD FY 2023 YTD Cable Management & 25% Growth attributable to ongoing focus on const
Slide 7: Segment Results
Segment Results Electrical Safety & Infrastructure Y/Y ($’s in millions) Y/Y ($’s in millions) Q3 2025 Q3 2024 Q3 2025 Q3 2024 Change Change Net Sales $521.3 $606.0 (14.0%) Net Sales $214.0 $217.0 (1.4%) Adjusted EBITDA $81.2 $182.6 (55.5%) Adjusted EBITDA $30.7 $30.0 2.3% Adjusted EBITDA Margin 15.
Slide 8: Cash & Balance Sheet Summary
Cash & Balance Sheet Summary Atkore’s strong balance sheet enables continued execution of our capital deployment model with cash generated by the business, further supported by our recently refinanced asset-based lending agreement FY25 YTD Cash Bridge Debt Maturity Profile $M $M $14 $192 $85 $400 $3
Slide 9: Updated FY 2025 Outlook
Updated FY 2025 Outlook Outlook Items for Updates to FY 2025 Q4 2025 Outlook FY 2025 Outlook Consolidated Atkore Outlook Midpoint Outlook Summary Net Sales $720M – $750M $2.8B – $2.9B ($0.05B) Adjusted EBITDA1 $75M – $95M $390M – $410M – Adjusted Diluted EPS1 $1.05 – $1.35 $6.25 – $6.75 + $0.20 Inte
Slide 10: Direct Tariff Impacts Believed to be a Net Benefit
Direct Tariff Impacts Believed to be a Net Benefit Certain tariffs provide Atkore with a direct opportunity to reclaim volume while other tariffs provide direct and indirect challenges to the broader market Anticipated Tariff Impact by Key Product Area Key Product Area Initial Perspective Presented
Slide 11: Atkore's Strategic Focus – Today and Tomorrow
Atkore’s Strategic Focus – Today and Tomorrow Prioritize portfolio of domestically manufactured electrical infrastructure Atkore provides comprehensive products solutions to deploy, isolate, and protect critical electrical infrastructure for the long-term Drive operational excellence with the Atkore
Slide 12: Appendix
Appendix © Atkore 12
Slide 13: Segment Information
Segment Information Three months ended June 27, 2025 June 28, 2024 Adjusted Adjusted Adjusted EBITDA Adjusted EBITDA (in thousands) Net sales EBITDA Margin Net sales EBITDA Margin Electrical $ 521,308 $ 81,235 15.6 % $ 605,962 $ 182,568 30.1 % Safety & Infrastructure 213,963 30,731 14.4 % 217,024 30
Slide 14: Adjusted Diluted EPS Reconciliation
Adjusted Diluted EPS Reconciliation (Adjusted Net Income Per Diluted Share) Consolidated Atkore Inc. Three months ended June 27, March 28, June 28, (in thousands, except per share data) 2025 2025 2024 Net income $ 42,962 $ (50,057) $ 123,417 Stock-based compensation 7,246 7,713 4,488 Intangible asse
Slide 15: Net Income to Adjusted EBITDA Reconciliation
Net Income to Adjusted EBITDA Reconciliation Consolidated Atkore Inc. Three months ended June 27, March 28, June 28, (in thousands) 2025 2025 2024 Net (loss) income $ 42,962 $ (50,057) $ 123,417 Interest expense, net 8,873 8,261 9,944 Income tax (benefit) expense 12,128 (16,452) 34,531 Depreciation
Slide 16: Total Debt to Net Debt and Leverage Ratio
Total Debt to Net Debt and Leverage Ratio Consolidated Atkore Inc. December 27, September 30, March 29, ($ in thousands) June 27, 2025 March 28, 2025 June 28, 2024 2024 2024 2024 Short-term debt and current maturities of long-term debt $ — $ — $ — $ — $ — $ — Long-term debt 764,387 765,913 765,375 7
Slide 17: Free Cash Flow Reconciliation
Free Cash Flow Reconciliation Consolidated Atkore Inc. Nine months ended June 27, June 28, (in thousands) 2025 2024 Net cash provided by operating activities $ 192,359 $ 349,957 Capital expenditures (84,920) (105,098) Free Cash Flow $ 107,439 $ 244,859 © Atkore 17
Slide 18: Glossary of Terms
Glossary of Terms Abbreviations listed in alphanumeric order Abbreviation Description Abbreviation Description 1H First Half IRA Inflation Reduction Act 2H Second Half LDD% Low Double Digit Percentage ABS Atkore Business System LSD% Low Single Digit Percentage Adj. Adjusted M Million AI Artificial I
Slide 19: atkore.com
A Atkore A Atkore atkore.com BUILDING BETTER TOGETHER 19