Private company

Atlas Corp.

Deep Sea Foreign Transportation of Freight company1

In its 2025 annual report (Form 20-F) the company says: “Atlas Corp. is a Republic of the Marshall Islands corporation incorporated under the Marshall Islands Business Corporations Act on October 1, 2019 for the purpose of facilitating a holding company reorganization.”4

Last updated Oct 21, 2026.

Overview

$2.3BRevenue, fiscal 20242
$672.3MNet income, fiscal 20242
  • IndustryDeep Sea Foreign Transportation of Freight1
  • Headquarters1T1
  • Incorporated inMarshall Islands3
  • Business address2600-200 Granville Street, Vancouver, A1 V6C 1S43
  • Filer categoryNon-accelerated filer3

Atlas Corp. is a Republic of the Marshall Islands corporation incorporated under the Marshall Islands Business Corporations Act on October 1, 2019 for the purpose of facilitating a holding company reorganization. On February 28, 2020, after the reorganization, Atlas completed the acquisition of all the issued and outstanding common shares of Apple Bidco Limited, which owns 100% of APR Energy. Atlas Corp. is a holding company and its sole assets are its interests in Seaspan and APR Energy and their respective subsidiaries. On December 31, 2024, Atlas completed the sale of the assets of its power generation business which was held by APR Energy (the “APR Asset Sale”). Following the closing of the APR Asset Sale, APR Energy’s operations have ceased and the mobile power generation segment is reported as discontinued operations. We maintain our principal executive offices at 23 Berkeley Squar…4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

54.1%Operating margin2
29.2%Net margin2
35.1%Revenue growth, 20242
13.7%Return on equity2
0.56×Debt to equity2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Other costs71¢$1.6B
  • Income tax0¢$1.4M
  • Profit29¢$672.3M

Out of $2.3B in revenue.2

Financial statements

Revenue56782$2.3B in 2024+110% since 2018
0$1.0B$2.0B$3.0B2018: $1.1B$1.1B20182019: $1.1B$1.1B2019+3%2020: $1.4B$1.4B2020+26%2021: $1.6B$1.6B2021+16%2022: $1.5B$1.5B2022−6%2023: $1.7B$1.7B2023+10%2024: $2.3B$2.3B2024+35%
Operating income56782$1.2B in 2024+165% since 2018
0$500.0M$1.0B$1.5B2018: $469.9M$469.9M20182019: $687.0M$687.0M2019+46%2020: $458.6M$458.6M2020−33%2021: $762.2M$762.2M2021+66%2022: $702.1M$702.1M2022−8%2023: $782.1M$782.1M2023+11%2024: $1.2B$1.2B2024+59%
Net income56782$672.3M in 2024+141% since 2018
0$200.0M$400.0M$600.0M$800.0M2018: $278.8M$278.8M20182019: $439.1M$439.1M2019+57%2020: $192.6M$192.6M2020−56%2021: $400.5M$400.5M2021+108%2022: $622.3M$622.3M2022+55%2023: $403.0M$403.0M2023−35%2024: $672.3M$672.3M2024+67%
Fiscal year20172018201920202021202220232024
Revenue$1.1B5$1.1B6$1.4B7$1.6B8$1.5B2$1.7B2$2.3B2
Operating expenses$884.4M8$840.9M2$920.7M2$1.1B2
Operating income$469.9M5$687.0M6$458.6M7$762.2M8$702.1M2$782.1M2$1.2B2
Interest$212.1M5$218.9M6$191.6M7$197.1M8$235.4M8$375.6M8
Income before tax$433.5M7$624.7M8$416.5M2$664.1M2
Income tax$600.0K5$1.2M6$16.6M7$33.0M8$2.0M2$2.0M2$1.4M2
Net income$278.8M5$439.1M6$192.6M7$400.5M8$622.3M2$403.0M2$672.3M2
Earnings per share$1.345$1.726$0.527$1.367$2.107
Earnings per share (diluted)$1.315$1.676$0.507$1.267$1.967
Shares (weighted, basic)246.3M shares7267.1M shares7
Shares (weighted, diluted)265.9M shares7290.8M shares7

Compare Atlas Corp. with another company

Corporate structure

Atlas Corp. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Atlas Corp.

  • David L. Sokol Filed SC 13D/A on Atlas Corp., latest Nov 2, 2022 (3 filings since Aug 5, 2022)
  • Dennis R. Washington Filed SC 13D/A on Atlas Corp., latest Nov 2, 2022 (3 filings since Aug 5, 2022)
  • FAIRFAX FINANCIAL HOLDINGS LTD/ CAN Filed SC 13D/A on Atlas Corp., latest Nov 2, 2022 (6 filings since Apr 8, 2022)
  • Atlas Corp. 1T

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Atlas Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$15.2B2 Dec 31, 2024$12.1B2 Dec 31, 2023+25.9%
Accumulated depreciation$3.4B2 Dec 31, 2024$3.0B2 Dec 31, 2023+13.5%
Property and equipment, net$11.8B2 Dec 31, 2024$9.0B2 Dec 31, 2023+30.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$1.4B2 Dec 31, 2024$385.3M2 Dec 31, 2023+254.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$75.3M2 Dec 31, 2024$75.3M2 Dec 31, 20230%
Intangible assets, net (excluding goodwill)$61.0M8 Dec 31, 2023$75.7M8 Dec 31, 2022−19.4%
Finite-lived intangibles, gross$161.6M2 Dec 31, 2024$158.6M2 Dec 31, 2023+1.9%
Accumulated amortization$135.1M2 Dec 31, 2024$119.7M2 Dec 31, 2023+12.9%
Finite-lived intangibles, net$26.5M2 Dec 31, 2024$38.9M2 Dec 31, 2023−31.9%

Inventory

ItemLatestA year beforeChange
Inventory, total$35.2M2 Dec 31, 2024$29.2M2 Dec 31, 2023+20.5%

Filings

94 filings to the SEC since October 2021: 4 annual reports, 12 large holders, 78 other. The latest 20:

  1. Nov 10, 202515-12G EDGAR
  2. Nov 6, 20256-K/A EDGAR
  3. Oct 30, 20256-K EDGAR
  4. Oct 8, 20256-K EDGAR
  5. Aug 14, 20256-K EDGAR
  6. Aug 13, 20256-K EDGAR
  7. Jul 11, 20256-K EDGAR
  8. Jun 18, 20256-K EDGAR
  9. May 13, 20256-K EDGAR
  10. May 9, 20256-K EDGAR
  11. May 5, 20256-K EDGAR
  12. Mar 20, 20256-K EDGAR
  13. Mar 14, 202520-F EDGAR
  14. Feb 12, 20256-K EDGAR
  15. Nov 27, 20246-K EDGAR
  16. Nov 27, 20246-K EDGAR
  17. Aug 9, 20246-K EDGAR
  18. Aug 9, 20246-K EDGAR
  19. May 14, 20246-K EDGAR
  20. May 10, 20246-K EDGAR

The 94 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Atlas Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAtlas Corp.1
  • CIK0001794846
  • Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
  • Incorporated inRepublic of the Marshall Islands4
  • Fiscal year endsDecember 311
  • Industry code (SIC)4412 Deep Sea Foreign Transportation of Freight1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address2600-200 Granville Street, Vancouver, A1 V6C 1S41
  • Phone604-638-25751
  • Shares outstanding204,328,277 shares as of Dec 31, 20244
  • AuditorKPMG LLP, Vancouver, BC, Canada PCAOB ID 85; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceNov 22, 20191
  • Filings177 in all: 6-K (68), EFFECT (18), POS AM (16), SC 13D/A (16), S-8 POS (10), 25-NSE (7), 20-F (6), F-3DPOS (6)1
    All 25 form types

    CORRESP (4), F-3ASR (3), POSASR (3), 424B3 (2), F-4 (2), F-4/A (2), S-8 (2), SC 13E3/A (2), UPLOAD (2), 15-12G (1), 424B7 (1), 6-K/A (1), 8-A12B (1), 8-K12B (1), CERT (1), SC 13D (1), SC 13E3 (1)

  • Latest filingsAnnual report (20-F) Mar 14, 2025

Securities registered for trading

ClassSymbolExchange
Series D Preferred Shares, par value of $0.01 per shareATCO-PDNew York Stock Exchange
Series H Preferred Shares, par value of $0.01 per shareATCO-PHNew York Stock Exchange
7.125% Notes due 2027ATCOLThe Nasdaq Stock Market LLC

From the cover page of the 20-F filed Mar 14, 2025 (Section 12(b) of the Exchange Act).4