TacticScale

What Atmus Filtration Technologies Does & How It Makes Money (ATMU)

Updated October 2026 · reflects Atmus Filtration Technologies's latest reported financials

Maker of Fleetguard filters for trucks and heavy equipment. It earns revenue by designing, manufacturing and selling filters, coolants and chemicals for commercial vehicles and off-highway equipment in the US and internationally.

Atmus Filtration Technologies's story, moat and numbers — in a 3-minute visual book.

Explore Atmus Filtration Technologies on TacticScale →

How Atmus Filtration Technologies makes money

It earns revenue by designing, manufacturing and selling filters, coolants and chemicals for commercial vehicles and off-highway equipment in the US and internationally. Filters are consumable parts that are replaced regularly, and the company adds service-related offerings such as digital diagnostics and analytics.

What Atmus Filtration Technologies does

Atmus Filtration Technologies designs, manufactures and sells filtration products under the Fleetguard brand in the United States and internationally. Its range covers fuel, lube, air, crankcase ventilation and hydraulic filters, plus coolants and other chemicals. Customers use them in on-highway commercial vehicles and in off-highway equipment for agriculture, construction, mining and power generation. The company also develops the underlying technology, including filtration media, filter element formation and filtration systems integration. On the service side it offers remote digital diagnostic and prognostic platforms and analytics. Founded in 1958, Atmus is headquartered in Nashville, Tennessee.

Products & services

What is Atmus Filtration Technologies worth?

On an owner-earnings DCF, Atmus Filtration Technologies's most-likely value is about $41 versus a recent price near $43 (4% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$20) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.

Verdict: Fairly priced — no edge
Owner-earnings fair value · recent price ≈ $43
Fair value (most likely)
$41
Range
$30–$65
No-growth floor
$20
Price
~$43

Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.

Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →

Sector Consumer Cyclical Industry Auto Parts HQ United States Ticker ATMU Official site

Related companies

Donaldson (DCI) · AMETEK (AME) · Howmet Aerospace (HWM) · Allison Transmission (ALSN) · Air Products and Chemicals (APD)