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ACNT

Ascent Industries Co.

ACNT

Ascent Industries Co. • NASDAQ
$14.17 ▼ -0.91% (-0.13)
Market Cap $132.70 M
52w High $14.73
52w Low $10.76
Dividend Yield 0%
P/E -44.28
Volume 17.37K
Outstanding Shares 9.36M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $19.697M ▲ $6.182M ▼ $-2.087M ▼ -10.596% ▼ $-0.22 ▼ $939.999K ▲
Q2-2025 $18.652M ▼ $7.553M ▲ $6.286M ▲ 33.701% ▲ $0.64 ▲ $-832K ▼
Q1-2025 $24.732M ▼ $5.812M ▼ $-2.293M ▼ -9.271% ▼ $-0.23 ▼ $543K ▼
Q4-2024 $40.671M ▼ $7.344M ▲ $-1.027M ▲ -2.525% ▲ $-0.1 ▲ $1.887M ▼
Q3-2024 $42.901M $5.963M $-6.152M -14.34% $-0.61 $3.884M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $58.042M ▼ $119.889M ▼ $32.801M ▼ $87.088M ▼
Q2-2025 $60.479M ▲ $122.58M ▼ $32.864M ▼ $89.716M ▼
Q1-2025 $14.272M ▼ $152.542M ▲ $61.386M ▲ $91.156M ▼
Q4-2024 $16.108M ▲ $147.25M ▼ $53.705M ▼ $93.545M ▼
Q3-2024 $8.547M $148.616M $53.911M $94.705M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-125K ▲ $1.311M ▲ $-2.516M ▼ $-1.232M ▲ $-2.437M ▼ $695K ▲
Q2-2025 $-3.451M ▼ $-1.396M ▼ $54.529M ▲ $-6.926M ▼ $46.207M ▲ $-1.54M ▼
Q1-2025 $-1.002M ▼ $-700K ▼ $-570K ▲ $-566K ▲ $-1.836M ▼ $-1.022M ▼
Q4-2024 $84K ▲ $8.823M ▲ $-611K ▼ $-651K ▲ $7.561M ▲ $8.212M ▲
Q3-2024 $-6.378M $3.428M $2.286M $-762K $4.952M $2.605M

Revenue by Products

Product Q1-2024Q2-2024Q3-2024Q4-2024
Specialty Chemicals
Specialty Chemicals
 $20.00M ▲$20.00M ▲$20.00M ▲$40.00M ▲
Stainless Steel Pipe
Stainless Steel Pipe
 $20.00M ▲$30.00M ▲$20.00M ▼$50.00M ▲
Fiberglass And Steel Liquid Storage Tanks And Separation Equipment
Fiberglass And Steel Liquid Storage Tanks And Separation Equipment
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has come down sharply from its peak a few years ago, and profits have moved from solidly positive to modest losses more recently. Margins are thin, which is common in industrial and specialty materials, but here it means results swing quickly with changes in demand and pricing. The pattern shows a business that can be profitable in good conditions but is currently in a downturn or transition phase where earnings are under pressure and volatility is high.

Balance Sheet

Balance Sheet The balance sheet has become smaller, reflecting asset sales and the shift away from legacy tubular operations. Debt has been pared back meaningfully, and the company now carries some cash, which improves flexibility. Equity has also declined, which suggests prior losses and divestitures have reduced the capital base. Overall, the company looks leaner and less leveraged than before, but with less asset backing and a narrower platform than it once had.

Cash Flow

Cash Flow Despite recent accounting losses, the business has consistently generated positive operating cash flow, though at modest levels. Free cash flow has generally been positive as well, helped by relatively light investment spending in most years. This points to a business that, for now, covers its day‑to‑day needs and modest reinvestment from internal cash, but does not yet show the kind of robust cash generation that would easily fund major expansion or large shocks without careful management.

Competitive Edge

Competitive Edge Ascent is repositioning itself from a more commoditized steel and tubular profile to a niche specialty chemicals role. Its edge comes from speed, customization, and close collaboration with customers rather than sheer scale. By focusing on tailored formulations and serving overlooked niches, it aims to be a critical, hard‑to‑replace supplier for select industries. The flip side is that it operates as a relatively small player in markets where larger competitors have more resources, and the transition away from its legacy businesses reduces diversification while the new positioning is still being proven out.

Innovation and R&D

Innovation and R&D Innovation is centered on flexible, customer‑driven problem solving rather than headline‑grabbing breakthrough technologies. The “Chemicals‑as‑a‑Service” approach, rapid formulation cycles, and custom manufacturing capabilities are the main innovation engines. The company is trying to build a deeper portfolio of proprietary, branded solutions and to use its technical teams as an extension of customers’ R&D. Future progress will depend on how well it can scale this model, win new contracts in targeted niches, and potentially integrate acquisitions that add unique technologies or know‑how.

Summary

Ascent Industries is in the middle of a major strategic shift, moving from a legacy steel and tubular footprint to a focused specialty chemicals platform. Financially, it has downsized, reduced debt, and maintained modest but positive cash generation, even as revenue and earnings have weakened in recent years. Strategically, it is betting on agility, customization, and tight customer relationships as its main competitive tools. The opportunity is a higher‑margin, more defensible niche chemicals portfolio; the risk is that the company is now smaller, less diversified, and still in the process of proving that its new focus can deliver durable, less volatile profitability over time.

NEWS

November 17, 2025 · 8:00 AM UTC

Ascent Industries Eliminates $2.1M in Costs, Further Strengthening Earnings Profile as Pure-Play Specialty Chemicals Platform

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November 4, 2025 · 4:05 PM UTC

Ascent Industries Co. Delivers Strongest Earnings Since 2022; Gross Profit Nearly Doubles Year-Over-Year

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October 27, 2025 · 4:30 PM UTC

Ascent Industries Sets Third Quarter 2025 Earnings Conference Call for November 4, 2025, at 5:00 p.m. ET

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