NASDAQ : ACNT
Ascent Industries Co. — Financial statements
Materials · Chemicals · United States
Last price 13.75 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 123.88M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Ascent Industries Co. (ACNT) reported revenue of 83.54M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 83.54M | 74.94M | 80.76M | 193.18M | 261.99M | 334.71M |
| Cost of Revenue | 65.90M | 57.73M | 70.07M | 191.65M | 218.71M | 273.95M |
| Gross Profit | 17.64M | 17.21M | 10.69M | 1.53M | 43.29M | 60.77M |
| Selling, General & Admin | 23.43M | 24.09M | 20.90M | 26.71M | 27.64M | 30.14M |
| Research & Development | 241.00K | 71.00K | ||||
| Operating Expenses | 23.67M | 24.16M | 20.90M | 26.71M | 27.64M | 30.14M |
| Operating Income | -6.03M | -6.95M | -10.21M | -25.19M | 15.65M | 30.62M |
| Interest Expense | -417.00K | -4.24M | -2.74M | -1.48M | ||
| Interest & Investment Income | 1.26M | 712.00K | ||||
| Other Non Operating Income (Expenses) | 860.00K | 753.00K | 448.00K | 593.00K | 209.00K | -311.00K |
| EBT Excluding Unusual Items | -3.91M | -5.49M | -10.18M | -28.83M | 13.11M | 28.83M |
| Merger & Restructuring Charges | -640.00K | -731.00K | -662.00K | -855.00K | -1.10M | -1.00M |
| Impairment of Goodwill | -11.39M | |||||
| Asset Writedown | -1.62M | -233.00K | ||||
| Other Unusual Items | 1.73M | 2.28M | 67.00K | -2.10M | ||
| Pretax Income | -2.82M | -5.56M | -10.77M | -41.08M | 12.01M | 25.50M |
| Income Tax Expense | -376.00K | 22.00K | 1.81M | -6.92M | -5.57M | 5.25M |
| Earnings From Continuing Operations | -2.44M | -5.58M | -12.58M | -34.15M | 17.58M | 20.25M |
| Earnings From Discontinued Operations | -2.00M | 6.45M | -1.02M | 7.52M | 4.49M | |
| Net Income | -4.44M | 867.00K | -13.60M | -26.63M | 22.07M | 20.25M |
| Net Income to Common | -4.44M | 867.00K | -13.60M | -26.63M | 22.07M | 20.25M |
| Shares Outstanding (Basic) | 9.30M | 9.64M | 10.11M | 10.14M | 10.23M | 9.34M |
| Shares Outstanding (Diluted) | 9.30M | 9.64M | 10.11M | 10.14M | 10.41M | 9.46M |
| EPS (Basic) | -0.48 | 0.09 | -1.35 | -2.63 | 2.16 | 2.17 |
| EPS (Diluted) | -0.48 | 0.09 | -1.35 | -2.63 | 2.12 | 2.14 |
| Free Cash Flow | -8.40M | -2.06M | 13.57M | 20.19M | 2.19M | 17.56M |
| Free Cash Flow Per Share | -0.90 | -0.21 | 1.34 | 1.99 | 0.21 | 1.86 |
| Gross Margin | 21.12% | 22.97% | 13.24% | 0.79% | 16.52% | 18.15% |
| Operating Margin | -7.22% | -9.28% | -12.64% | -13.04% | 5.97% | 9.15% |
| Profit Margin | -5.31% | 1.16% | -16.84% | -13.79% | 8.42% | 6.05% |
| Free Cash Flow Margin | -10.06% | -2.75% | 16.80% | 10.45% | 0.83% | 5.25% |
| EBITDA | -1.79M | -2.77M | -5.63M | -17.52M | 23.92M | 40.96M |
| EBITDA Margin | -2.15% | -3.69% | -6.97% | -9.07% | 9.13% | 12.24% |
| D&A For EBITDA | 4.24M | 4.19M | 4.58M | 7.67M | 8.27M | 10.34M |
| EBIT | -6.03M | -6.95M | -10.21M | -25.19M | 15.65M | 30.62M |
| EBIT Margin | -7.22% | -9.28% | -12.64% | -13.04% | 5.97% | 9.15% |
| Effective Tax Rate | 20.60% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 28.07M | 57.61M | 16.10M | 1.85M | 1.44M | 2.02M |
| Cash & Short-Term Investments | 28.07M | 57.61M | 16.10M | 1.85M | 1.44M | 2.02M |
| Receivables | 18.64M | 10.04M | 12.23M | 26.60M | 33.20M | 50.13M |
| Inventory | 10.49M | 8.74M | 5.73M | 52.31M | 67.67M | 103.25M |
| Prepaid Expenses | 2.12M | 1.24M | 1.12M | 4.88M | 7.77M | 3.73M |
| Other Current Assets | 5.41M | 5.39M | 47.89M | 3.77M | 60.29M | 855.00K |
| Total Current Assets | 64.72M | 83.02M | 83.07M | 89.41M | 170.38M | 159.98M |
| Property, Plant & Equipment | 24.77M | 25.13M | 45.73M | 57.54M | 64.68M | 74.53M |
| Goodwill | 4.74M | 11.39M | 12.64M | |||
| Other Intangible Assets | 10.01M | 2.83M | 3.44M | 8.50M | 10.00M | 14.38M |
| Long-Term Deferred Tax Assets | 279.00K | 5.81M | 1.35M | |||
| Long-Term Deferred Charges | 301.00K | 401.00K | 309.00K | 104.00K | 203.00K | 302.00K |
| Other Long-Term Assets | 1.51M | 553.00K | 14.70M | 1.94M | 11.05M | 4.17M |
| Total Assets | 106.32M | 111.94M | 147.25M | 163.29M | 269.04M | 266.00M |
| Accounts Payable | 9.12M | 5.49M | 6.84M | 16.42M | 14.11M | 32.32M |
| Accrued Expenses | 3.69M | 4.92M | 3.60M | 5.04M | 5.38M | 8.71M |
| Short-Term Debt | 997.00K | 433.00K | 369.00K | 360.00K | 387.00K | |
| Current Portion of Long-Term Debt | 2.46M | 2.46M | ||||
| Current Portion of Leases | 1.09M | 1.04M | 1.79M | 1.43M | 1.29M | 1.34M |
| Current Income Taxes Payable | 115.00K | 3.21M | ||||
| Current Unearned Revenue | 34.00K | 62.00K | ||||
| Other Current Liabilities | 355.00K | 9.76M | 1.48M | 9.84M | 2.44M | |
| Total Current Liabilities | 14.94M | 12.36M | 22.35M | 24.79M | 33.48M | 50.49M |
| Long-Term Debt | 69.08M | 67.93M | ||||
| Long-Term Leases | 11.74M | 12.30M | 30.99M | 31.04M | 32.11M | 33.47M |
| Long-Term Deferred Tax Liabilities | 241.00K | 320.00K | 2.43M | |||
| Other Long-Term Liabilities | 41.00K | 45.00K | 51.00K | 60.00K | 110.00K | 89.00K |
| Total Liabilities | 26.72M | 24.95M | 53.70M | 55.88M | 134.78M | 154.41M |
| Common Stock | 11.09M | 11.09M | 11.09M | 11.09M | 11.09M | 11.09M |
| Additional Paid-In Capital | 47.79M | 48.28M | 47.34M | 47.33M | 47.02M | 46.06M |
| Retained Earnings | 44.48M | 45.79M | 44.92M | 58.52M | 85.15M | 63.08M |
| Treasury Stock | -23.76M | -18.16M | -9.80M | -9.53M | -8.99M | -8.63M |
| Shareholders' Equity | 79.60M | 86.99M | 93.55M | 107.41M | 134.26M | 111.59M |
| Total Liabilities & Equity | 106.32M | 111.94M | 147.25M | 163.29M | 269.04M | 266.00M |
| Total Debt | 13.83M | 13.78M | 33.14M | 32.83M | 105.34M | 105.20M |
| Net Cash (Debt) | 14.24M | 43.83M | -17.05M | -30.98M | -103.90M | -103.18M |
| Net Cash Per Share | 1.53 | 4.54 | -1.69 | -3.05 | -9.98 | -10.91 |
| Filing Date Shares Outstanding | 9.01M | 9.47M | 10.08M | 10.12M | 10.17M | 10.22M |
| Total Common Shares Outstanding | 9.01M | 9.40M | 10.07M | 10.09M | 10.16M | 10.17M |
| Working Capital | 49.78M | 70.67M | 60.73M | 64.62M | 136.90M | 109.49M |
| Book Value Per Share | 8.83 | 9.25 | 9.29 | 10.64 | 13.21 | 10.98 |
| Tangible Book Value | 64.85M | 84.16M | 90.10M | 98.91M | 112.87M | 84.57M |
| Tangible Book Value Per Share | 7.20 | 8.95 | 8.95 | 9.80 | 11.11 | 8.32 |
| Land | 518.00K | 518.00K | 665.00K | 723.00K | 723.00K | 723.00K |
| Buildings | 1.83M | 1.83M | 1.48M | 1.53M | 1.53M | 53.00K |
| Machinery | 41.18M | 40.12M | 39.04M | 93.76M | 98.22M | 110.13M |
| Construction In Progress | 972.00K | 332.00K | 875.00K | 1.33M | 1.66M | 1.90M |
| Leasehold Improvements | 2.75M | 2.62M | 2.22M | 3.08M | 3.50M | 4.64M |
| Order Backlog | 8.40M | 4.60M | 27.50M | 44.80M | 104.40M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -4.44M | 867.00K | -13.60M | -26.63M | 22.07M | 20.25M |
| Depreciation & Amortization | 4.24M | 4.19M | 4.58M | 7.67M | 8.27M | 10.34M |
| Other Amortization | 179.00K | 258.00K | 105.00K | 99.00K | 99.00K | 95.00K |
| Loss (Gain) From Sale of Assets | 1.00K | 1.00K | 289.00K | 246.00K | -18.00K | -848.00K |
| Asset Writedown & Restructuring Costs | 1.62M | 11.39M | 233.00K | |||
| Loss (Gain) From Sale of Investments | -2.00K | |||||
| Stock-Based Compensation | 1.45M | 1.30M | 760.00K | 1.02M | 1.72M | 931.00K |
| Provision & Write-off of Bad Debts | -1.02M | -569.00K | 51.00K | -180.00K | 478.00K | -398.00K |
| Other Operating Activities | -580.00K | -8.58M | 2.87M | -14.20M | -7.40M | 1.98M |
| Change in Accounts Receivable | -4.13M | -2.58M | 2.76M | 6.78M | -264.00K | -16.18M |
| Change in Inventory | -3.21M | -3.02M | 5.04M | 15.56M | -13.69M | -18.87M |
| Change in Accounts Payable | 2.73M | -1.56M | -3.25M | 1.65M | -6.27M | 10.84M |
| Change in Income Taxes | 21.00K | -149.00K | 1.49M | 3.13M | -7.92M | 9.25M |
| Change in Other Net Operating Assets | -1.29M | 948.00K | -120.00K | 114.00K | -2.34M | 1.45M |
| Operating Cash Flow | -6.15M | -519.00K | 14.69M | 23.08M | 5.58M | 19.05M |
| Capital Expenditures | -2.25M | -1.54M | -1.12M | -2.88M | -3.39M | -1.50M |
| Sale of Property, Plant & Equipment | 99.00K | 1.40M | ||||
| Cash Acquisitions | -13.54M | -32.56M | ||||
| Other Investing Activities | -1.90M | 52.52M | 2.02M | 53.39M | -1.68M | |
| Investing Cash Flow | -17.69M | 50.98M | 905.00K | 50.50M | -4.97M | -32.66M |
| Short-Term Debt Issued | 138.16M | 198.81M | ||||
| Long-Term Debt Issued | 257.51M | 444.33M | 215.53M | |||
| Total Debt Issued | 103.25M | 138.16M | 198.81M | 257.51M | 444.33M | 215.53M |
| Short-Term Debt Repaid | -138.10M | -198.80M | ||||
| Long-Term Debt Repaid | -287.00K | -289.00K | -329.39M | -443.05M | -206.60M | |
| Total Debt Repaid | -103.64M | -138.38M | -199.09M | -329.39M | -443.05M | -206.60M |
| Net Debt Issued (Repaid) | -393.00K | -223.00K | -281.00K | -71.88M | 1.28M | 8.93M |
| Issuance of Common Stock | 813.00K | 415.00K | 175.00K | 10.12M | ||
| Repurchase of Common Stock | -7.94M | -9.14M | -1.04M | -1.29M | -1.34M | |
| Other Financing Activities | -19.00K | -11.00K | -1.29M | -3.66M | ||
| Financing Cash Flow | -7.52M | -8.96M | -1.33M | -73.17M | -1.18M | 15.39M |
| Net Cash Flow | -31.36M | 41.50M | 14.27M | 410.00K | -576.00K | 1.78M |
| Free Cash Flow | -8.40M | -2.06M | 13.57M | 20.19M | 2.19M | 17.56M |
| Free Cash Flow Margin | -10.06% | -2.75% | 16.80% | 10.45% | 0.83% | 5.25% |
| Free Cash Flow Per Share | -0.90 | -0.21 | 1.34 | 1.99 | 0.21 | 1.86 |
| Levered Free Cash Flow | -8.21M | 32.11M | 15.46M | 62.55M | -13.57M | 14.21M |
| Unlevered Free Cash Flow | -8.39M | 31.85M | 15.62M | 65.10M | -11.95M | 15.05M |
| Cash Interest Paid | 141.00K | 174.00K | 277.00K | 4.17M | 2.60M | 1.40M |
| Cash Income Tax Paid | 84.00K | 864.00K | 7.80M | 1.60M | ||
| Change in Working Capital | -5.88M | -6.36M | 5.92M | 27.23M | -30.48M | -13.52M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 123.61M | 151.86M | 112.84M | 96.80M | 88.45M | 166.99M |
| Enterprise Value | 109.37M | 115.27M | 138.19M | 182.56M | 194.92M | 248.07M |
| Last Close Price | 13.72 | 16.19 | 11.18 | 9.56 | 8.67 | 16.43 |
| PE Ratio | 175.16 | 4.01 | 8.25 | |||
| Forward PE | 35.10 | 35.10 | 18.39 | 57.88 | 57.88 | |
| PS Ratio | 1.48 | 2.03 | 1.40 | 0.50 | 0.34 | 0.50 |
| PB Ratio | 1.55 | 1.75 | 1.21 | 0.90 | 0.66 | 1.50 |
| P/TBV Ratio | 1.91 | 1.80 | 1.25 | 0.98 | 0.78 | 1.98 |
| P/FCF Ratio | 8.31 | 4.79 | 40.45 | 9.51 | ||
| P/OCF Ratio | 7.68 | 4.19 | 15.85 | 8.76 | ||
| PEG Ratio | 1.67 | 1.67 | 1.67 | 1.67 | 1.67 | |
| EV/Sales Ratio | 1.31 | 1.54 | 1.71 | 0.94 | 0.74 | 0.74 |
| EV/EBITDA Ratio | 8.15 | 6.06 | ||||
| EV/EBIT Ratio | 12.46 | 8.10 | ||||
| EV/FCF Ratio | 10.18 | 9.04 | 89.13 | 14.13 | ||
| Debt / Equity Ratio | 0.17 | 0.16 | 0.35 | 0.31 | 0.79 | 0.94 |
| Debt / EBITDA Ratio | 3.78 | 2.33 | ||||
| Debt / FCF Ratio | 2.44 | 1.63 | 48.17 | 5.99 | ||
| Net Debt / Equity Ratio | -0.18 | -0.50 | 0.18 | 0.29 | 0.77 | 0.93 |
| Net Debt / EBITDA Ratio | 7.94 | 15.85 | -3.03 | -1.77 | 4.34 | 2.52 |
| Net Debt / FCF Ratio | 1.70 | 21.24 | 1.26 | 1.53 | 47.51 | 5.88 |
| Asset Turnover | 0.73 | 0.58 | 0.52 | 0.89 | 0.98 | 1.42 |
| Inventory Turnover | 7.68 | 7.98 | 2.42 | 3.19 | 2.56 | 2.91 |
| Quick Ratio | 3.13 | 5.47 | 1.27 | 1.15 | 1.03 | 1.03 |
| Current Ratio | 4.33 | 6.72 | 3.72 | 3.61 | 5.09 | 3.17 |
| Return on Equity (ROE) | -2.88% | -6.19% | -12.52% | -28.26% | 14.30% | 21.10% |
| Return on Assets (ROA) | -3.29% | -3.35% | -4.11% | -7.28% | 3.65% | 8.09% |
| Return on Invested Capital (ROIC) | -10.73% | -9.04% | -8.20% | -13.38% | 6.91% | 12.47% |
| Return on Capital Employed (ROCE) | -6.60% | -7.00% | -8.20% | -18.20% | 6.60% | 14.20% |
| Earnings Yield | -3.48% | 0.57% | -12.05% | -27.51% | 24.95% | 12.12% |
| FCF Yield | -6.80% | -1.36% | 12.03% | 20.86% | 2.47% | 10.51% |
| Buyback Yield / Dilution | 7.04% | 4.58% | 0.34% | 2.59% | -10.09% | -3.46% |
| Total Shareholder Return | 7.04% | 4.58% | 0.34% | 2.59% | -10.09% | -3.46% |