ASIX AdvanSix Inc.

Overview and Growth

AdvanSix Inc. generated $1.52B of revenue in fiscal 2025, with net income of $49.29M and an operating cash inflow of $122.86M. At $1.52B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $1.52B in fiscal 2024, revenue recorded a 0.3% year-over-year increase. Diluted earnings per share were $1.80, translating the period’s attributable earnings into the amount reported for each diluted share. Against diluted EPS of $1.62 in fiscal 2024, the current result was 11.1% higher. The company employed $1.71B of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 0.89x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Gross profit was $164.94M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross profit represented 10.8% of revenue, showing how much of the top line remained after direct costs. After all reported below-operating-line items, the company recorded net income of $49.29M for the fiscal year. Net margin was 3.2%, meaning that this portion of revenue remained as net income after all recognized expenses. Before income taxes, the company reported $54.43M of earnings, providing a bridge between the operating result and final net income. Pretax income represented 3.6% of revenue, placing earnings before tax in the context of the company’s operating scale. The company recognized $5.14M of income tax for the period, completing the transition from pretax income to net income. The income-tax provision equaled 9.5% of pretax income, showing the tax burden absorbed by the year’s earnings. The relationship between net income and period-end equity was 6.0%, indicating the profitability achieved on book capital. Net income represented 2.9% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

Total assets were $1.71B, supported by $890.93M of liabilities and $815.22M of shareholder equity. At period end, current assets of $440.61M compared with current liabilities of $389.95M, defining the company’s short-term resource position. At 1.13x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $19.77M in cash and equivalents, a narrower liquidity measure than total current assets. Measured only with cash and equivalents, coverage of current liabilities was 5.1%, excluding receivables and other current assets. The liabilities-to-assets relationship was 52.2%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 1.2%, comparing reported cash and equivalents with the full positive asset balance. Total assets were 7.0% higher than fiscal 2024 assets of $1.59B, measuring the company’s own balance-sheet change. Reported equity changed 5.2% from $774.65M in fiscal 2024, placing the current capital base higher year over year. The reported cash balance changed 1.0% from $19.56M in fiscal 2024, ending higher year over year.

Cash Flow and Earnings Quality

The company reported $122.86M of operating cash flow, a cash inflow that shows the cash generated by operations. Against net income, operating cash flow measured 2.49x, showing the relationship between accrual earnings and operating cash. Capital spending was $116.44M, absorbing part of the cash generated from operations before free cash flow. Capital spending absorbed 94.8% of operating cash flow, quantifying the share of cash from operations directed to investment. After capital spending, free cash flow was $6.42M, leaving cash available for debt reduction, shareholder returns, or further investment. Free cash flow represented 0.4% of revenue, linking post-investment cash generation with the company’s operating scale. Free cash flow equaled 0.4% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.