Athena Technology Acquisition Ii's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Athena Technology Acquisition Ii (ATEKU) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Athena Technology Acquisition Ii vs Its Competitors
- TTM: Trailing 12-month revenue of 4M vs 3,031M combined for tracked competitors (0.1% combined share).
- Scale: Athena Technology Acquisition Ii ranks #8 of 17 companies by market capitalization in the Environmental Services industry, holding 0.1% of industry market cap.
- Peer differentiation: Revenue per employee of $1.23M compares with $1.89M for the peer group (0.7x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
Athena Technology Acquisition Ii vs. its Competitors, Q2 2026
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Athena Technology Acquisition Ii and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Athena Technology Acquisition Corp Ii | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (6) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Athena Technology Acquisition Ii's competitor groups requires a Commercial License.
Athena Technology Acquisition Ii's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Athena Technology Acquisition Corp Ii | - | - | - | Yes |
| Competitors combined (2) | ||||
| Similar-Size Competitors (10) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
ATEKU Stock Performance relative to its Competitors
ATEKU Stock Performance relative to Similar-Size Competitors
Athena Technology Acquisition Ii's Comment on Competition and Industry Peers
Publicly Traded Peers of Athena Technology Acquisition Corp Ii
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Athena Technology Acquisition Corp Ii | - | 3.70 |
| Equity Residential | 24,437.67 | 3,030.82 |
| Strategic Acquisitions Inc | 18.34 | 0.08 |
| SUBTOTAL | 24,456.01 | 3,034.60 |
Sources: Athena Technology Acquisition Corp Ii's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Athena Technology Acquisition Corp Ii versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Athena Technology Acquisition Ii's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Equity Residential | Named by the company | 85% |
| Strategic Acquisitions Inc | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Athena Technology Acquisition Ii's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Athena Technology Acquisition Ii's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Athena Technology Acquisition Corp Ii | - | 1,232,220 | -107,924 |
| Equity Residential | 24,438 | 1,894,260 | 562,004 |
| Strategic Acquisitions Inc | 18 | 42,456 | -37,956 |
| PEERS TOTAL | 24,456 | 1,891,948 | 561,255 |
Athena Technology Acquisition Ii's Position in Industry Market Structure
Market-capitalization share and concentration across all 14 companies in Athena Technology Acquisition Ii's industry classification, broader than the peer set above. Market cap in millions of $.Athena Technology Acquisition Ii ranks #8 of 14 companies by market capitalization in its industry, holding 0.05 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 2,623, indicating a highly concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Waste Management Inc | 83,071 | 36.93 % |
| 2 | Republic Services Inc | 65,504 | 29.12 % |
| 3 | Waste Connections Inc | 39,642 | 17.62 % |
| 4 | Clean Harbors inc | 16,600 | 7.38 % |
| 5 | Gfl Environmental Inc | 1,234 | 5.2% |
| 6 | Casella Waste Systems Inc | 1,234 | 5.2% |
| 7 | Perma Fix Environmental Services Inc | 1,234 | 5.2% |
| 8 | Athena Technology Acquisition Corp Ii | 123 | 0.05 % |
| 9 | Quest Resource Holding Corporation | 1,234 | 5.2% |
| 10 | Avalon Holdings Corporation | 1,234 | 5.2% |
Market cap and industry share for the rest of Athena Technology Acquisition Ii's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-25.
Athena Technology Acquisition Ii's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 3 | Waste Connections Inc | 39,642 | -8.97 % |
| 4 | Clean Harbors inc | 16,600 | 35.70 % |
| 5 | Gfl Environmental Inc | 14,458 | -10.28 % |
| 6 | Casella Waste Systems Inc | 5,197 | -6.76 % |
| 7 | Perma Fix Environmental Services Inc | 1,234 | 12.3% |
| 8 | Athena Technology Acquisition Corp Ii | 123 | - |
| 9 | Quest Resource Holding Corporation | 1,234 | 12.3% |
| 10 | Avalon Holdings Corporation | 1,234 | 12.3% |
| 11 | Oio Group | 1,234 | 12.3% |
| 12 | Vivakor Inc | 1,234 | 12.3% |
| 13 | Strategic Environmental and Energy Resources Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Athena Technology Acquisition Ii's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Athena Technology Acquisition Ii's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2021 | 2022 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | - | - | - | - |
| Operating Margin | - | 59.18 % | - | - |
| Return on Invested Capital | - | 0.88 % | 22.84 % | 6.97 % |
| P/E | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Athena Technology Acquisition Ii's BCG Growth-Share Matrix
Relative market share (vs Athena Technology Acquisition Ii's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Athena Technology Acquisition Ii falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue -1.6% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution. A caveat worth reading alongside this chart: Waste Management Inc alone holds 37% of this industry's market cap. In an industry this dominated by one leader, the framework will place nearly every OTHER company in "Dog" or "Question Mark" purely because relative share is measured against that leader, regardless of how strong those other companies actually are on their own fundamentals. Check the Profitability, Valuation and Financial Strength sections above before treating this quadrant label as a verdict.
Athena Technology Acquisition Ii's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Low | Industry HHI of 2,623 (see Industry Market Structure & Concentration above) |
| Supplier Power | Not covered on this page | See Athena Technology Acquisition Ii's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Athena Technology Acquisition Ii's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Athena Technology Acquisition Ii's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Athena Technology Acquisition Ii falls in the Medium attractiveness / Low strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Athena Technology Acquisition Ii's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Return on equity 16.9 points below the industry aggregate.
- Low relative market share vs the industry leader (0.00x).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
- A meaningful share of tracked competitors (100.00 %) show financial-distress signals, a possible opening to gain share.
Threats
- Industry dominated by Waste Management Inc, holding 36.93 % of industry market cap.
- Tracked peer group's revenue run-rate is broadly decelerating (-9.4% annualized).
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Athena Technology Acquisition Ii's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Athena Technology Acquisition Corp Ii | 0.01 | 0.10 | - |
| Equity Residential | 0.08 | 0.08 | 0.42 |
| Strategic Acquisitions Inc | 5.55 | 7.82 | - |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Athena Technology Acquisition Ii's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Athena Technology Acquisition Corp Ii | Q2 2026 | - | - |
| Equity Residential | Q2 2026 | -10.7 % | -40.8 % |
| Strategic Acquisitions Inc | Q2 2026 | - | - |
| PEERS TOTAL | -10.7 % | -40.8 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Athena Technology Acquisition Ii's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Athena Technology Acquisition Corp Ii | Q2 2026 | - | - |
| Equity Residential | Q2 2026 | +4.8 % | -80.8 % |
| Strategic Acquisitions Inc | Q2 2026 | - | - |
Athena Technology Acquisition Ii's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Athena Technology Acquisition Corp Ii | - | - | - |
| Equity Residential | 4.35% | 3.91% | 8.16% |
| Strategic Acquisitions Inc | - | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Athena Technology Acquisition Ii's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Athena Technology Acquisition Corp Ii | - | - |
| Equity Residential | 27.68 | 8.06 |
| Strategic Acquisitions Inc | - | 215.96 |
| PEERS AVERAGE | 27.21 | 8.06 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.