AdvanSix (ASIX) financial statements
AdvanSix reported revenue of $1.5B in fiscal 2025, up 2.8% a year over 9 years.
Net income was $49M.
Free cash flow was $6M, and the company returned $17M in dividends and $2M in net buybacks.
The diluted share count fell 10% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from AdvanSix's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B | $1.5B | $1.5B | $1.3B | $1.2B | $1.7B | $1.9B | $1.5B | $1.5B | $1.5B |
| Cost of revenue | $1.1B | $1.2B | $1.3B | $1.2B | $1.0B | $1.4B | $1.6B | $1.4B | $1.4B | $1.4B |
| Gross profit | $108M | $227M | $174M | $135M | $134M | $274M | $314M | $165M | $153M | $165M |
| Research and development | $14M | $13M | $15M | $14M | $12M | $14M | $12M | $10M | $9M | $9M |
| Selling, general and admin | $54M | $73M | $81M | $75M | $71M | $83M | $88M | $96M | $94M | $105M |
| Pre-tax income | $54M | $145M | $86M | $53M | $55M | $185M | $226M | $69M | $46M | $54M |
| Income tax | $20M | -$2M | $20M | $12M | $9M | $45M | $54M | $15M | $1M | $5M |
| Net income | $34M | $147M | $66M | $41M | $46M | $140M | $172M | $55M | $44M | $49M |
| EPS (diluted) | $1.12 | $4.72 | $2.14 | $1.43 | $1.64 | $4.81 | $5.92 | $1.95 | $1.62 | $1.80 |
| Diluted shares | 31M | 31M | 31M | 29M | 28M | 29M | 29M | 28M | 27M | 27M |
| Gross margin | 9.0% | 15.4% | 11.5% | 10.4% | 11.6% | 16.3% | 16.2% | 10.8% | 10.1% | 10.8% |
| Net margin | 2.9% | 9.9% | 4.4% | 3.2% | 4.0% | 8.3% | 8.8% | 3.6% | 2.9% | 3.2% |
Balance sheet
Fiscal years, from AdvanSix's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $14M | $55M | $10M | $7M | $11M | $15M | $31M | $30M | $20M | $20M |
| Inventory | $129M | $129M | $137M | $172M | $180M | $150M | $216M | $212M | $212M | $236M |
| Total current assets | $283M | $388M | $311M | $291M | $334M | $350M | $441M | $420M | $387M | $441M |
| Property, plant and equipment | $575M | $613M | $672M | $756M | $765M | $768M | $811M | $853M | $918M | $964M |
| Goodwill | $15M | $15M | $15M | $15M | $15M | $18M | $56M | $56M | $56M | $56M |
| Total assets | $905M | $1.1B | $1.0B | $1.2B | $1.3B | $1.3B | $1.5B | $1.5B | $1.6B | $1.7B |
| Total current liabilities | $274M | $297M | $285M | $292M | $287M | $310M | $393M | $359M | $357M | $390M |
| Long-term debt | $265M | $248M | $0 | — | — | — | — | — | — | — |
| Total liabilities | $690M | $674M | $614M | $835M | $819M | $711M | $757M | $757M | $820M | $891M |
| Shareholders' equity | $215M | $376M | $420M | $401M | $444M | $601M | $738M | $739M | $775M | $815M |
| Net debt | $251M | $210M | -$10M | -$7M | -$11M | -$15M | -$31M | -$30M | -$20M | -$20M |
Cash flow
Fiscal years, from AdvanSix's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $114M | $135M | $173M | $120M | $112M | $219M | $274M | $118M | $135M | $123M |
| Capital spending | $84M | $86M | $109M | $150M | $83M | $57M | $89M | $107M | $134M | $116M |
| Free cash flow | $30M | $48M | $64M | -$30M | $29M | $162M | $184M | $10M | $2M | $6M |
| Stock-based compensation | $1M | $8M | $10M | $8M | $5M | $11M | $10M | $8M | $8M | $7M |
| Dividends paid | — | — | — | $0 | $0 | $4M | $15M | $17M | $17M | $17M |
| Share buybacks (net) | $0 | $0 | -$39M | -$62M | -$1M | -$652,000 | -$34M | -$46M | -$10M | -$2M |
| Net borrowing | $267M | $0 | -$267M | $0 | $0 | — | — | — | — | — |
| Free cash flow margin | 2.5% | 3.3% | 4.2% | -2.3% | 2.5% | 9.6% | 9.5% | 0.7% | 0.1% | 0.4% |
| Dividends per share | — | — | — | — | — | $0.12 | $0.52 | $0.59 | $0.63 | $0.63 |
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Open ASIX in InvestinglyQuestions
What was AdvanSix's revenue in 2025?
$1.5B in fiscal 2025, from its 10-K filing.
How much free cash flow does AdvanSix generate?
$6M in fiscal 2025 (operating cash flow minus capital spending).
From AdvanSix's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.