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ASIX

AdvanSix Inc.

ASIX

AdvanSix Inc. • NYSE
$15.39 ▲ 1.99% (+0.30)
Market Cap $413.44 M
52w High $33.00
52w Low $14.10
Dividend Yield 0.64%
P/E 8.02
Volume 315.85K
Outstanding Shares 26.86M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $374.473M ▼ $27.425M ▲ $-2.638M ▼ -0.704% ▼ $-0.1 ▼ $20.921M ▼
Q2-2025 $410.022M ▲ $25.416M ▲ $31.371M ▲ 7.651% ▲ $1.17 ▲ $53.366M ▲
Q1-2025 $377.791M ▲ $23.409M ▲ $23.344M ▲ 6.179% ▲ $0.87 ▲ $49.648M ▲
Q4-2024 $329.062M ▼ $21.733M ▼ $352K ▼ 0.107% ▼ $0.013 ▼ $8.328M ▼
Q3-2024 $398.187M $24.265M $22.266M 5.592% $0.83 $51.602M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $23.696M ▲ $1.688B ▲ $870.115M ▲ $818.232M ▼
Q2-2025 $18.446M ▲ $1.646B ▲ $822.67M ▼ $823.732M ▲
Q1-2025 $8.344M ▼ $1.626B ▲ $831.606M ▲ $794.368M ▲
Q4-2024 $19.564M ▲ $1.595B ▲ $820.27M ▲ $774.65M ▲
Q3-2024 $17.298M $1.51B $743.827M $766.408M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-2.638M ▼ $26.588M ▲ $-26.784M ▲ $5.446M ▼ $5.25M ▼ $66K ▲
Q2-2025 $31.371M ▲ $21.11M ▲ $-31.424M ▲ $20.416M ▲ $10.102M ▲ $-7.155M ▲
Q1-2025 $23.344M ▲ $11.443M ▼ $-36.794M ▲ $14.131M ▲ $-11.22M ▼ $-22.619M ▼
Q4-2024 $352K ▼ $64.165M ▲ $-37.476M ▼ $-24.423M ▼ $2.266M ▼ $29.816M ▲
Q3-2024 $22.266M $57.25M $-32.807M $-19.25M $5.193M $26.76M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Caprolactam
Caprolactam
 $80.00M ▲$60.00M ▼$70.00M ▲$70.00M ▲
Chemical Intermediates
Chemical Intermediates
 $120.00M ▲$80.00M ▼$90.00M ▲$110.00M ▲
Nylon Resins
Nylon Resins
 $90.00M ▲$70.00M ▼$90.00M ▲$80.00M ▼
Ammonium Sulfate Fertilizers
Ammonium Sulfate Fertilizers
 $110.00M ▲$0 ▼$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue grew strongly through the early 2020s, then stepped down from its peak and has been roughly flat over the last two years. The business is still clearly profitable, but earnings are well below the unusually strong period seen in 2021–2022. Margins have tightened meaningfully. The company is now earning far less profit on each dollar of sales than it did at the peak, more in line with pre‑boom levels. This reflects both the cyclical nature of chemicals and likely price pressure in key products. Overall, the income statement shows a company that remains solidly in the black but is operating in a tougher environment than a few years ago, with thinner cushions on pricing and profitability.

Balance Sheet

Balance Sheet The balance sheet looks reasonably steady and gradually stronger over time. Total assets have crept up, and shareholder equity has built steadily, which suggests retained earnings are being reinvested into the business. Debt has moved around but remains at a moderate level relative to the size of the company. It is higher than it was at the earnings peak, but not extreme, and equity has grown alongside it, which helps support the capital structure. Cash on hand is quite low, so the company appears to rely more on ongoing cash generation and credit lines than on a large cash reserve. That’s common in chemicals, but it does reduce flexibility if conditions suddenly worsen.

Cash Flow

Cash Flow Operating cash flow has been consistently positive, though it has cooled from the very strong levels seen in the peak years. The business still generates real cash from operations, just not at the prior high watermark. Free cash flow has recently been close to breakeven, mainly because the company is spending more on capital projects. This fits with its growth and modernization plans, but it means less surplus cash left over in the short term. The pattern suggests a company in an investment phase: using the cash it earns to upgrade plants, expand capacity, and support strategic initiatives, rather than building up large cash balances.

Competitive Edge

Competitive Edge AdvanSix operates from a position of cost and integration strength. Its control of the full value chain around caprolactam and Nylon 6, plus scale at key U.S. plants, gives it a structural cost advantage versus many rivals. The business is also helped by its domestic focus and supportive trade backdrop in several products, which can shield it somewhat from international dumping and pricing shocks. That said, it still faces the usual chemical industry issues: cyclical demand, exposure to feedstock costs, and competitive pricing. Diversification across nylon, chemical intermediates, and plant nutrients adds some balance, as different segments can offset each other over the cycle. But the company remains tied to industrial and agricultural cycles, so earnings swings are likely to continue.

Innovation and R&D

Innovation and R&D Innovation at AdvanSix is less about flashy research labs and more about process, sustainability, and specialty product development. On the sustainability side, its recycled nylon offerings stand out. These “drop‑in” recycled resins that behave like standard materials give customers a way to meet sustainability goals without redesigning products or processes, which can be a commercial edge as regulations and brand pressures grow. Operationally, the company is pushing advanced analytics and data‑driven manufacturing to squeeze more efficiency out of existing assets—using real‑time data and machine learning to cut waste and energy use and improve consistency. Strategically, the expansion into specialty amines and projects like the SUSTAIN program for higher‑value fertilizer conversion show a tilt toward higher‑margin, more differentiated areas. The key risks are execution: integrating acquisitions, hitting project targets, and turning these investments into durable, less‑cyclical earnings.

Summary

AdvanSix today looks like a cyclical chemicals business coming off a boom period, with profits and margins normalizing toward more typical levels. Its financial foundation appears reasonably solid: moderate debt, growing equity, and steady positive operating cash flow, albeit with free cash squeezed by heavier investment spending. The company’s competitive strength lies in its low‑cost, vertically integrated production base, domestic orientation, and a portfolio that spans nylon, intermediates, and fertilizers. These factors help, but do not eliminate, the natural volatility of the sector. On the strategic side, AdvanSix is leaning into sustainability, specialty chemicals, and process innovation. If executed well, these initiatives could gradually shift the mix toward more differentiated, higher‑quality earnings, but they require ongoing capital and careful delivery in an already cyclical environment.

NEWS

November 7, 2025 · 6:30 AM UTC

AdvanSix Announces Third Quarter 2025 Financial Results

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October 14, 2025 · 6:50 AM UTC

AdvanSix to Release Third Quarter Financial Results and Hold Investor Conference Call on November 7

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September 2, 2025 · 4:15 PM UTC

AdvanSix Appoints Dana O'Brien and Daryl Roberts to Board of Directors

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