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
- IndustryDeep Sea Foreign Transportation of Freight1
- Headquarters1T1
- Incorporated inMarshall Islands3
- Business address2600-200 Granville Street, Vancouver, A1 V6C 1S43
- Filer categoryNon-accelerated filer3
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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
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
No quarterly figures reported.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| 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 shares7 | 267.1M shares7 | ||||||
| Shares (weighted, diluted) | 265.9M shares7 | 290.8M shares7 |
No quarterly figures reported.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash | $195.0M6 | $304.3M7 | $288.6M8 | $280.0M2 | $385.3M2 | $1.4B2 | ||
| Receivables | $56.2M7 | $98.6M8 | $49.8M2 | $76.5M2 | ||||
| Inventory | $46.4M7 | $50.0M8 | $29.2M2 | $35.2M2 | ||||
| Current assets | $280.7M5 | $584.3M6 | $547.7M7 | $593.2M8 | $682.4M2 | $1.7B2 | ||
| Property, plant and equipment | $7.0B7 | $7.2B8 | $9.0B2 | $11.8B2 | ||||
| Goodwill | $75.3M7 | $75.3M8 | $75.3M2 | $75.3M2 | ||||
| Intangible assets | $90.1M7 | $75.7M8 | $61.0M8 | $26.5M2 | ||||
| Total assets | $7.9B5 | $9.3B6 | $10.6B7 | $11.3B8 | $13.7B2 | $17.2B2 | ||
| Short-term debt | $551.0M7 | $238.4M8 | $129.4M2 | $103.6M2 | ||||
| Current liabilities | $769.5M5 | $854.6M6 | $1.2B7 | $1.0B8 | $1.1B2 | $1.6B2 | ||
| Long-term debt | $2.7B5 | $3.2B6 | $3.7B7 | $3.5B8 | $3.2B2 | $2.7B2 | ||
| Total liabilities | $4.7B5 | $5.7B6 | $6.8B7 | $6.9B8 | $9.0B2 | $12.0B2 | ||
| Retained earnings | $7.5M7 | $420.0M8 | $554.8M2 | $1.0B2 | ||||
| Shareholders’ equity | $1.9B5 | $2.5B6 | $3.2B7 | $3.6B8 | $3.5B2 | $4.1B2 | $4.4B2 | $4.9B2 |
| Shares outstanding | 215.7M shares9 | 246.3M shares5 | 247.0M shares6 | 281.6M shares7 | 204.3M shares8 | 204.3M shares2 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $525.1M5 | $783.0M6 | $694.2M7 | $944.0M8 | $856.3M8 | $1.0B8 | ||
| Depreciation and amortization | $366.7M8 | $327.4M2 | $375.1M2 | $508.0M2 | ||||
| Stock-based compensation | $11.2M8 | $23.5M2 | $17.7M2 | $16.3M2 | ||||
| Capital spending | $319.2M5 | $332.5M6 | $783.5M7 | $1.6B8 | $1.2B2 | $3.0B2 | $3.3B2 | |
| Free cash flow | $205.9M | $450.5M | -$89.3M | -$633.0M | -$363.2M | -$2.0B | ||
| Cash from investing | -$1.7B8 | -$1.0B8 | -$2.9B8 | |||||
| Dividends paid | $49.9M5 | $101.8M6 | $120.0M7 | $124.6M8 | $119.3M2 | $148.0M2 | $152.3M2 | |
| Cash from financing | $734.2M8 | $130.5M8 | $2.0B8 | |||||
| Dividend per share | $0.506 | $0.507 | $0.508 | $0.508 | $0.258 |
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
| Item | Latest | A year before | Change |
|---|---|---|---|
| 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
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $1.4B2 Dec 31, 2024 | $385.3M2 Dec 31, 2023 | +254.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $75.3M2 Dec 31, 2024 | $75.3M2 Dec 31, 2023 | 0% |
| 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
Filings
94 filings to the SEC since October 2021: 4 annual reports, 12 large holders, 78 other. The latest 20:
- Nov 10, 202515-12G EDGAR
- Nov 6, 20256-K/A EDGAR
- Oct 30, 20256-K EDGAR
- Oct 8, 20256-K EDGAR
- Aug 14, 20256-K EDGAR
- Aug 13, 20256-K EDGAR
- Jul 11, 20256-K EDGAR
- Jun 18, 20256-K EDGAR
- May 13, 20256-K EDGAR
- May 9, 20256-K EDGAR
- May 5, 20256-K EDGAR
- Mar 20, 20256-K EDGAR
- Mar 14, 202520-F EDGAR
- Feb 12, 20256-K EDGAR
- Nov 27, 20246-K EDGAR
- Nov 27, 20246-K EDGAR
- Aug 9, 20246-K EDGAR
- Aug 9, 20246-K EDGAR
- May 14, 20246-K EDGAR
- 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.
- David L. SokolSC 13D/A, 3 filings Aug 5, 2022 to Nov 2, 202210
- Dennis R. WashingtonSC 13D/A, 3 filings Aug 5, 2022 to Nov 2, 202211
- FAIRFAX FINANCIAL HOLDINGS LTD/ CANSC 13D/A, 6 filings Apr 8, 2022 to Nov 2, 202212
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
| Class | Symbol | Exchange |
|---|---|---|
| Series D Preferred Shares, par value of $0.01 per share | ATCO-PD | New York Stock Exchange |
| Series H Preferred Shares, par value of $0.01 per share | ATCO-PH | New York Stock Exchange |
| 7.125% Notes due 2027 | ATCOL | The Nasdaq Stock Market LLC |
From the cover page of the 20-F filed Mar 14, 2025 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARAtlas Corp. filings on SEC EDGAR
- 2SEC EDGARAtlas Corp. 10-K for fiscal 2024
- 3SEC EDGARAtlas Corp. filings on SEC EDGAR
- 4
- 5SEC EDGARAtlas Corp. 10-K for fiscal 2018
- 6SEC EDGARAtlas Corp. 10-K for fiscal 2019
- 7SEC EDGARAtlas Corp. 10-K for fiscal 2020
- 8SEC EDGARAtlas Corp. 10-K for fiscal 2021
- 9SEC EDGARAtlas Corp. 10-K for fiscal 2019
- 10
- 11
- 12