AdvanSix Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data AdvanSix Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	1,192	1,475	1,515	1,297	1,158	1,685	1,946	1,534	1,518	1,522
Cost of revenue	1,084	1,248	1,340	1,162	1,024	1,411	1,631	1,369	1,365	1,357
Gross profit	108	227	174	135	134	274	314	165	153	165
Research and development	13.8	12.9	14.8	13.9	11.8	14	12.5	9.8	8.8	8.7
Selling, general and administrative	53.7	72.7	81.2	75.4	70.9	83	87.7	95.5	94	105
Other non-operating income	-0.42	-9.76	-0	-1.3	-0.05	-1	1.84	7.16	-2.03	2.72
Pre-tax income	53.8	145	85.8	53.3	55	185	226	69.2	45.6	54.4
Income tax	19.6	-2.07	19.5	12	8.96	45.3	53.9	14.6	1.43	5.15
Net income	34.1	147	66.2	41.3	46.1	140	172	54.6	44.1	49.3
EPS, basic	1.12	4.81	2.20	1.47	1.64	4.97	6.15	2.00	1.65	1.83
EPS, diluted	1.12	4.72	2.14	1.43	1.64	4.81	5.92	1.95	1.62	1.80
Shares, basic (weighted)	30.5	30.5	30.2	28.1	28	28.2	28	27.3	26.8	26.9
Shares, diluted (weighted)	30.5	31.1	31	28.9	28.2	29	29	28	27.3	27.3

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	14.2	55.4	9.81	7.05	10.6	15.1	31	29.8	19.6	19.8
Receivables	132	196	160	105	124	178	175	165	146	154
Inventory	129	129	137	172	180	150	216	212	212	236
Other current assets	7.69	7.13	3.81	5.12	6.97	6.1	9.24	11.4	8.99	8.64
Total current assets	283	388	311	291	334	350	441	420	387	441
Property, plant and equipment	575	613	672	756	765	768	811	853	918	964
Lease right-of-use assets			0	136	114	136	115	95.8	153	164
Goodwill	15	15	15	15	15	17.6	56.2	56.2	56.2	56.2
Intangible assets						18	49.2	46.2	43.1	40.1
Other non-current assets	32	34.9	36.3	38.6	34.9	22.4	23.2	25.4	37.2	41
Total assets	905	1,050	1,035	1,236	1,263	1,312	1,495	1,496	1,595	1,706
Accounts payable	223	228	232	206	190	221	273	259	229	284
Accrued liabilities	25.4	35	30.4	28.1	41.2	49.7	48.8	44.1	47.3	45.9
Deferred revenue		17.2	22.6	19.7	26.4	2.75	34.4	15.7	37.5	14.5
Short-term debt	0	16.9	0
Total current liabilities	274	297	285	292	287	310	393	359	357	390
Long-term debt	265	248	0
Lease liabilities			0	98.3	85.6	101	77.6	64	111	121
Other non-current liabilities			0.76
Total liabilities	690	674	614	835	819	711	757	757	820	891
Total debt	265	248	200	297	275	135	115
Paid-in capital	243	263	235	181	185	196	175	138	137	143
Retained earnings	-24.7	122	188	229	275	412	568	605	632	663
Treasury stock		0	-0.01	-0.04	-0.04	-0.04	-0.05	-0.06	-0.06	-0.06
Other comprehensive income	-3.04	-9.05	-2.47	-9.45	-16.1	-6.54	-4.2	-4.14	5.97	9
Shareholders' equity			420		444	601	738	739	775	815
Total equity	215	376	420	401	444	601	738	739	775	815
Total liabilities and equity	905	1,050	1,035	1,236	1,263	1,312	1,495	1,496	1,595	1,706
Shares outstanding	30.5	30.5	29.3	27.9	28	28.1	27.4	26.8	26.7	26.9

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	34.1	147	66.2	41.3	46.1	140	172	54.6	44.1	49.3
Depreciation and amortization	40.3	48.5	53.2	56.8	60.8	65.3	69.4	73	76.2	79.7
Stock-based compensation	1.33	7.74	10.1	8.35	4.9	11.3	10.3	8.31	7.85	6.82
Deferred income tax	11.5	-7.51	9.53	8.45	17.6	4.71	16.2	-9.31	-8.99	7.81
Change in inventory	21.3	-0.23	-7.97	-35.6	-8.38	31.2	-57	3.29	-0.56	-24.1
Change in payables	23.8	8.09	2.28	-20.3	-1.34	15.7	55.9	-20.8	-30.6	52.9
Cash from operations	114	135	173	120	112	219	274	118	135	123
Capital expenditures	-84	-86.4	-109	-150	-82.9	-56.8	-89.4	-107	-134	-116
Acquisitions				0	0	-9.52	-97.5	0	0
Cash from investing	-86.4	-93.2	-112	-153	-84.1	-67.6	-189	-111	-143	-123
Debt issued	270	0	0
Debt repaid	-3.38	0	-267	0	0
Stock issued		0	0	0.02	0	0.55	1.3	0.88	0.86	0.27
Share buybacks	0	0	-38.5	-62.2	-1.06	-0.65	-33.7	-46.2	-10.4	-1.66
Dividends paid				0	0	-3.52	-15.1	-16.7	-17.1	-17.2
Cash from financing	-13.2	-0.13	-107	30	-24.2	-147	-68.4	-7.87	-2.72	-0.05
Net change in cash	14.2	41.2	-45.6	-2.76	3.56	4.49	15.9	-1.22	-10.2	0.2
Free cash flow	29.7	48.2	64.2	-29.9	28.9	162	184	10.2	1.69	6.42
Interest paid	1.86	7.24	5.86	5.2	7.29	4.46	2.24	7.09	10.8	6.76
Income taxes paid	13	13	7.32	6.99	2.01	31	56.2	7.59	16.6	15.1

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $15.80 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	5.6%	Gross profit / revenue.
Pre-tax margin	-1.3%	Pre-tax income / revenue.
Net margin	-1.1%	Net income / revenue.
FCF margin	-1.7%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	5.5%	Cash from operations / revenue.
Return on equity (ROE)	-2.2%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	-1.1%	Net income / average total assets.
SG&A / revenue	6.4%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	0.4%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	7.1%	Capital expenditures / revenue.
D&A / revenue	5.3%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	0.3%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	-7.9%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	5.6%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	7.8%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	-19.4%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	4.3%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	11.6%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-34.1%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	1.4%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	11.1%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-32.8%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	1.9%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-9.3%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-23.4%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	1.9%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	279.5%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	-67.3%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	-26.0%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	5.2%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	3.4%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	12.9%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	7.0%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	4.5%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	6.2%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.3%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-2.0%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-0.6%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.28x	Current assets / current liabilities.
Quick ratio	0.59x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.02x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	52.4%	Total liabilities / total assets.
Working capital	$93.1M	Current assets - current liabilities.
Goodwill and intangibles / assets	5.7%	(Goodwill + intangible assets) / total assets.
Tangible book value	$702.2M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.93x	Revenue / average total assets.
Fixed asset turnover	1.62x	Revenue / average property, plant and equipment.
Inventory turnover	7.58x	Cost of revenue / average inventory.
Days inventory	48 days	365 x average inventory / cost of revenue.
Receivables turnover	8.32x	Revenue / average receivables.
Days sales outstanding	44 days	365 x average receivables / revenue.
Days payables	60 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	32 days	Days inventory + days sales outstanding - days payables.
Capex / operating cash flow	130.3%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	-$0.64	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$56.51	Revenue / diluted weighted shares.
FCF per share	-$0.93	Free cash flow / diluted weighted shares.
Operating cash flow per share	$3.08	Cash from operations / diluted weighted shares.
Book value per share	$29.51	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$26.00	Tangible book value / shares outstanding.
Cash per share	$0.27	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$426.6M	Share price x shares outstanding.
Enterprise value	$419.4M	Market cap + total debt - cash - short-term investments.
P/S	0.27x	Market cap / revenue.
P/B	0.54x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	0.61x	Market cap / tangible book value, when positive.
P/OCF	5.02x	Market cap / cash from operations, when positive.
EV/Sales	0.27x	Enterprise value / revenue.
FCF yield	-6.0%	Free cash flow / market cap.
Earnings yield	-4.2%	Net income / market cap (the inverse of P/E).
Dividend yield	4.0%	Dividends paid over the period / market cap.
Shareholder yield	4.4%	(Dividends paid + share buybacks) / market cap.

What was AdvanSix Inc.'s revenue in fiscal 2025?

AdvanSix Inc. reported revenue of $1.52B for fiscal 2025, 0.3% higher than the year before.

Was AdvanSix Inc. profitable in fiscal 2025?

Yes. Net income was $49.3M, a net margin of 3.2%.

How much free cash flow did AdvanSix Inc. generate in fiscal 2025?

Cash from operations of $122.9M minus capital expenditures of $116.4M left free cash flow of $6.4M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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