NYSE : AESI
Atlas Energy Solutions Inc. — Financial statements
Energy · Oil & Gas Equipment & Services · United States
Last price 9.22 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.15B
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Financial statements
Atlas Energy Solutions Inc. (AESI) reported revenue of 1.07B 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 | 1.07B | 1.10B | 1.06B | 613.96M | 482.72M | 172.40M |
| Cost of Revenue | 817.85M | 784.50M | 725.20M | 260.40M | 198.92M | 84.66M |
| Gross Profit | 249.95M | 310.81M | 330.76M | 353.56M | 283.81M | 87.75M |
| Selling, General & Admin | 146.11M | 130.63M | 86.99M | 48.16M | 24.32M | 17.07M |
| Amortization of Goodwill & Intangibles | 25.11M | 23.55M | 12.32M | |||
| Operating Expenses | 345.67M | 319.10M | 198.08M | 87.98M | 51.81M | 40.75M |
| Operating Income | -95.71M | -8.29M | 132.68M | 265.58M | 231.99M | 47.00M |
| Interest Expense | -65.39M | -59.37M | -43.08M | -17.45M | -15.80M | -30.29M |
| Interest & Investment Income | 2.24M | 1.37M | 4.43M | 9.76M | 43.00K | 14.00K |
| Other Non Operating Income (Expenses) | 625.00K | 727.00K | 551.00K | 430.00K | 2.63M | 291.00K |
| EBT Excluding Unusual Items | -158.23M | -65.56M | 94.58M | 258.32M | 218.86M | 17.01M |
| Merger & Restructuring Charges | 904.00K | -8.20M | -19.23M | -451.00K | ||
| Gain (Loss) on Sale of Assets | -19.67M | |||||
| Other Unusual Items | -3.42M | 3.36M | -11.92M | |||
| Pretax Income | -157.76M | -68.18M | 75.78M | 257.87M | 218.86M | 5.09M |
| Income Tax Expense | -39.43M | -17.88M | 15.84M | 31.38M | 1.86M | 831.00K |
| Earnings From Continuing Operations | -118.33M | -50.30M | 59.94M | 226.49M | 217.01M | 4.26M |
| Minority Interest in Earnings | -66.50M | |||||
| Net Income | -118.33M | -50.30M | 59.94M | 159.99M | 217.01M | 4.26M |
| Preferred Dividends & Other Adjustments | 54.56M | |||||
| Net Income to Common | -118.33M | -50.30M | 59.94M | 105.43M | 217.01M | 4.26M |
| Shares Outstanding (Basic) | 124.34M | 122.44M | 108.23M | 70.45M | 456.49M | 456.49M |
| Shares Outstanding (Diluted) | 124.34M | 122.44M | 109.18M | 71.03M | 456.49M | 456.49M |
| EPS (Basic) | -0.95 | -0.41 | 0.55 | 1.50 | 0.48 | 0.01 |
| EPS (Diluted) | -0.95 | -0.41 | 0.55 | 1.48 | 0.48 | 0.01 |
| Free Cash Flow | -184.12M | -30.93M | -117.52M | -66.46M | 116.42M | 1.99M |
| Free Cash Flow Per Share | -1.48 | -0.25 | -1.08 | -0.94 | 0.26 | 0.00 |
| Dividend Per Share | 0.25 | 0.75 | 0.90 | 0.55 | ||
| Gross Margin | 23.41% | 28.38% | 31.32% | 57.59% | 58.79% | 50.90% |
| Operating Margin | -8.96% | -0.76% | 12.57% | 43.26% | 48.06% | 27.26% |
| Profit Margin | -11.08% | -4.59% | 5.68% | 17.17% | 44.95% | 2.47% |
| Free Cash Flow Margin | -17.24% | -2.82% | -11.13% | -10.82% | 24.12% | 1.15% |
| EBITDA | 108.54M | 179.62M | 246.60M | 306.92M | 260.51M | 71.60M |
| EBITDA Margin | 10.17% | 16.40% | 23.35% | 49.99% | 53.97% | 41.53% |
| D&A For EBITDA | 204.26M | 187.91M | 113.92M | 41.33M | 28.52M | 24.60M |
| EBIT | -95.71M | -8.29M | 132.68M | 265.58M | 231.99M | 47.00M |
| EBIT Margin | -8.96% | -0.76% | 12.57% | 43.26% | 48.06% | 27.26% |
| Effective Tax Rate | 20.90% | 12.17% | 0.85% | 16.33% | ||
| Revenue as Reported | 1.07B | 1.10B | 1.06B | 613.96M | 482.72M | 172.40M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 168.22M | 40.63M | 71.70M | 210.17M | 82.01M | 40.40M |
| Cash & Short-Term Investments | 168.22M | 40.63M | 71.70M | 210.17M | 82.01M | 40.40M |
| Receivables | 217.51M | 180.78M | 165.97M | 71.17M | 74.39M | 29.42M |
| Inventory | 64.41M | 61.73M | 40.55M | 21.86M | 16.41M | 10.41M |
| Prepaid Expenses | 28.92M | 23.97M | 10.80M | 15.40M | 5.22M | 2.65M |
| Other Current Assets | 400.00K | 400.00K | 85.00K | 700.00K | 1.40M | |
| Total Current Assets | 479.06M | 307.51M | 289.42M | 318.69M | 178.73M | 84.27M |
| Property, Plant & Equipment | 1.63B | 1.58B | 1.50B | 938.81M | 564.75M | 458.32M |
| Goodwill | 152.90M | 152.90M | 69.00M | |||
| Other Intangible Assets | 169.55M | 182.24M | 105.87M | 1.77M | ||
| Long-Term Deferred Charges | 6.30M | 800.00K | ||||
| Other Long-Term Assets | 128.38M | 1.18M | 3.46M | 2.42M | 1.22M | 460.00K |
| Total Assets | 2.56B | 2.23B | 1.97B | 1.26B | 751.00M | 543.85M |
| Accounts Payable | 84.28M | 69.20M | 119.24M | 60.88M | 31.64M | 12.18M |
| Accrued Expenses | 97.08M | 72.40M | 53.11M | 18.05M | 20.25M | 8.36M |
| Current Portion of Long-Term Debt | 52.51M | 40.68M | 43.74M | 20.59M | 15.56M | |
| Current Portion of Leases | 15.07M | 6.77M | 9.43M | 1.41M | 4.29M | 300.00K |
| Current Income Taxes Payable | 8.68M | 4.62M | 3.37M | |||
| Current Unearned Revenue | 4.03M | 1.40M | 7.75M | 2.00M | ||
| Other Current Liabilities | 9.70M | 11.92M | 5.16M | 8.88M | 11.90M | 2.24M |
| Total Current Liabilities | 262.68M | 211.06M | 243.06M | 92.59M | 88.67M | 40.64M |
| Long-Term Debt | 914.22M | 538.24M | 466.99M | 172.82M | 126.59M | 159.71M |
| Long-Term Leases | 67.47M | 36.11M | 9.94M | 3.76M | 21.23M | 335.00K |
| Long-Term Deferred Tax Liabilities | 189.89M | 221.62M | 206.87M | 121.53M | 1.91M | 1.91M |
| Other Long-Term Liabilities | 8.02M | 12.47M | 9.23M | 3.16M | 1.25M | 2.56M |
| Total Liabilities | 1.44B | 1.02B | 936.10M | 393.86M | 239.64M | 205.15M |
| Common Stock | 1.25M | 1.24M | 1.10M | 1.00M | 511.36M | 407.14M |
| Additional Paid-In Capital | 1.23B | 1.26B | 1.04B | 908.08M | ||
| Retained Earnings | -122.66M | -50.30M | -41.26M | -87.26M | ||
| Comprehensive Income & Other | 18.82M | |||||
| Shareholders' Equity | 1.11B | 1.21B | 1.04B | 867.82M | 511.36M | 338.70M |
| Total Liabilities & Equity | 2.56B | 2.23B | 1.97B | 1.26B | 751.00M | 543.85M |
| Total Debt | 1.05B | 621.80M | 530.10M | 177.99M | 172.70M | 175.91M |
| Net Cash (Debt) | -881.05M | -581.17M | -458.39M | 32.19M | -90.69M | -135.51M |
| Net Cash Per Share | -7.09 | -4.75 | -4.20 | 0.45 | -0.20 | -0.30 |
| Filing Date Shares Outstanding | 125.00M | 124.16M | 121.74M | 100.03M | 456.49M | 456.49M |
| Total Common Shares Outstanding | 125.00M | 124.11M | 110.22M | 100.03M | 456.49M | 456.49M |
| Working Capital | 216.39M | 96.45M | 46.35M | 226.09M | 90.06M | 43.63M |
| Book Value Per Share | 8.90 | 9.74 | 9.40 | 8.68 | 1.12 | 0.74 |
| Tangible Book Value | 790.55M | 873.78M | 861.69M | 866.06M | 511.36M | 338.70M |
| Tangible Book Value Per Share | 6.32 | 7.04 | 7.82 | 8.66 | 1.12 | 0.74 |
| Land | 8.90M | 8.90M | 8.40M | 3.20M | 3.01M | 3.01M |
| Buildings | 54.23M | 54.43M | 46.74M | 32.56M | 25.40M | 24.76M |
| Machinery | 1.58B | 1.51B | 870.32M | 542.10M | 255.77M | 239.12M |
| Construction In Progress | 64.01M | 46.08M | 485.51M | 248.00M | 111.71M | 18.52M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -118.33M | -50.30M | 59.94M | 159.99M | 217.01M | 4.26M |
| Depreciation & Amortization | 209.12M | 192.77M | 116.81M | 41.33M | 28.52M | 24.60M |
| Other Amortization | 9.11M | 7.21M | 4.61M | 1.40M | 999.00K | 8.06M |
| Loss (Gain) From Sale of Assets | -2.21M | 19.67M | ||||
| Stock-Based Compensation | 35.54M | 33.23M | 22.38M | 7.41M | 678.00K | 129.00K |
| Provision & Write-off of Bad Debts | 685.00K | 4.78M | 25.00K | 28.00K | ||
| Other Operating Activities | -34.83M | -23.52M | 10.50M | 95.81M | 586.00K | -7.07M |
| Change in Accounts Receivable | -34.03M | -10.90M | -13.11M | 3.04M | -44.98M | -17.81M |
| Change in Inventory | -9.95M | -11.85M | -11.36M | -5.47M | -6.65M | -981.00K |
| Change in Accounts Payable | 893.00K | -25.29M | 22.80M | 5.32M | 7.42M | 6.22M |
| Change in Unearned Revenue | -669.00K | -7.27M | -2.47M | -2.00M | 2.00M | |
| Change in Other Net Operating Assets | -747.00K | 8.49M | 26.65M | -9.83M | 4.44M | 1.95M |
| Operating Cash Flow | 54.60M | 117.35M | 256.46M | 299.03M | 206.01M | 21.36M |
| Capital Expenditures | -238.72M | -148.27M | -373.98M | -365.49M | -89.59M | -19.37M |
| Cash Acquisitions | -22.66M | -204.17M | -153.43M | |||
| Other Investing Activities | 5.54M | 7.62M | 14.70M | |||
| Investing Cash Flow | -250.19M | -344.82M | -512.71M | -365.49M | -89.59M | -19.37M |
| Long-Term Debt Issued | 236.81M | 238.50M | 178.20M | |||
| Long-Term Debt Repaid | -96.91M | -20.57M | -18.57M | -29.55M | -173.29M | |
| Net Debt Issued (Repaid) | 331.75M | 139.90M | 217.93M | -18.57M | -29.55M | 4.91M |
| Issuance of Common Stock | 253.07M | 303.43M | 12.61M | |||
| Repurchase of Common Stock | -3.53M | -2.75M | -2.07M | |||
| Common Dividends Paid | -30.94M | -92.28M | -96.89M | -77.16M | -45.02M | -10.00M |
| Other Financing Activities | -12.29M | -101.53M | -1.19M | -13.07M | -233.00K | -5.17M |
| Financing Cash Flow | 285.00M | 196.41M | 117.78M | 194.62M | -74.81M | 2.34M |
| Net Cash Flow | 89.41M | -31.07M | -138.47M | 128.16M | 41.61M | 4.33M |
| Free Cash Flow | -184.12M | -30.93M | -117.52M | -66.46M | 116.42M | 1.99M |
| Free Cash Flow Margin | -17.24% | -2.82% | -11.13% | -10.82% | 24.12% | 1.15% |
| Free Cash Flow Per Share | -1.48 | -0.25 | -1.08 | -0.94 | 0.26 | 0.00 |
| Levered Free Cash Flow | -118.40M | -32.80M | -184.67M | -144.66M | 61.89M | 16.44M |
| Unlevered Free Cash Flow | -85.34M | -1.81M | -161.76M | -134.85M | 70.87M | 27.31M |
| Cash Interest Paid | 57.13M | 48.77M | 38.47M | 15.21M | 14.90M | 19.16M |
| Cash Income Tax Paid | 914.00K | 2.27M | 11.40M | 468.00K | 14.00K | |
| Change in Working Capital | -44.51M | -46.82M | 22.52M | -6.95M | -41.77M | -8.62M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.15B | 1.17B | 2.44B | 1.72B | ||
| Enterprise Value | 2.03B | 1.71B | 2.86B | 2.62B | ||
| Last Close Price | 9.22 | 9.42 | 21.07 | 15.65 | ||
| PE Ratio | 40.78 | 16.34 | ||||
| Forward PE | 240.95 | 12.59 | 6.35 | |||
| PS Ratio | 1.08 | 1.07 | 2.31 | 2.81 | ||
| PB Ratio | 1.04 | 0.97 | 2.36 | 1.99 | ||
| P/TBV Ratio | 1.46 | 1.34 | 2.84 | 1.99 | ||
| P/OCF Ratio | 21.11 | 9.95 | 9.53 | 5.76 | ||
| PEG Ratio | 6.07 | 4.04 | ||||
| EV/Sales Ratio | 1.90 | 1.56 | 2.71 | 4.27 | ||
| EV/EBITDA Ratio | 18.74 | 9.52 | 11.60 | 8.55 | ||
| EV/EBIT Ratio | 21.57 | 9.88 | ||||
| Debt / Equity Ratio | 0.94 | 0.51 | 0.51 | 0.20 | 0.34 | 0.52 |
| Debt / EBITDA Ratio | 4.82 | 2.22 | 1.60 | 0.53 | 0.63 | 2.46 |
| Debt / FCF Ratio | 1.48 | 88.62 | ||||
| Net Debt / Equity Ratio | 0.79 | 0.48 | 0.44 | -0.04 | 0.18 | 0.40 |
| Net Debt / EBITDA Ratio | 8.12 | 3.24 | 1.86 | -0.10 | 0.35 | 1.89 |
| Net Debt / FCF Ratio | -4.79 | -18.79 | -3.90 | 0.48 | 0.78 | 68.27 |
| Asset Turnover | 0.45 | 0.52 | 0.65 | 0.61 | 0.75 | 0.32 |
| Inventory Turnover | 13.63 | 15.34 | 23.24 | 13.61 | 14.84 | 8.54 |
| Quick Ratio | 1.47 | 1.05 | 0.98 | 3.04 | 1.76 | 1.72 |
| Current Ratio | 1.82 | 1.46 | 1.19 | 3.44 | 2.02 | 2.07 |
| Return on Equity (ROE) | -9.93% | -4.48% | 6.30% | 32.84% | 51.06% | 1.27% |
| Return on Assets (ROA) | -2.49% | -0.25% | 5.13% | 16.49% | 22.40% | 5.51% |
| Return on Invested Capital (ROIC) | -5.02% | -0.51% | 9.01% | 32.45% | 42.74% | 8.33% |
| Return on Capital Employed (ROCE) | -4.20% | -0.40% | 7.70% | 22.70% | 35.00% | 9.30% |
| Earnings Yield | -10.32% | -4.31% | 2.45% | 9.29% | ||
| FCF Yield | -15.98% | -2.65% | -4.81% | -3.86% | ||
| Dividend Yield | 7.97% | 4.06% | 3.19% | |||
| Payout Ratio | 161.64% | 48.23% | 20.75% | 234.85% | ||
| Buyback Yield / Dilution | -7.12% | -12.14% | -53.69% | 84.44% | 0.00% | -2.84% |
| Total Shareholder Return | -7.12% | -4.17% | -49.63% | 87.63% | -2.84% |