AdvanSix Inc. ASIX
On October 1, 2016, Honeywell International Inc. ("Honeywell") completed the separation of AdvanSix. The separation was completed by Honeywell distributing (the "Distribution") all of the then outstanding shares of common stock of AdvanSix on October 1, 2016 (the "Distribution Date") through a dividend in kind of AdvanSix common stock, par value $0.01 per share, to holders of Honeywell common stock as of the close of business on the record date of September 16, 2016 who held their shares through the Distribution Date.
AdvanSix Inc. is an integrated chemistry company that produces essential materials for diverse end markets. Our value chain of our five U.S.-based manufacturing facilities plays a critical role in global supply chains and enables us to innovate and deliver essential products for our customers across building and construction, fertilizers, agrochemicals, plastics, solvents, packaging, paints, coatings, adhesives, electronics and other end markets. Guided by our core values of Safety, Integrity, Accountability and Respect, AdvanSix strives to deliver best-in-class customer experiences and differentiated products in the industries of nylon solutions, plant nutrients and chemical intermediates. Our key product lines are as follows:
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.52B | $1.52B | $1.53B | $1.95B | $1.68B | $1.16B | $1.30B | $1.51B | $1.48B | $1.19B |
| Cost of revenue | $1.36B | $1.36B | $1.37B | $1.63B | $1.41B | $1.02B | $1.16B | $1.34B | $1.25B | $1.08B |
| Gross profit | $164.9M | $152.9M | $165.1M | $314.5M | $274.1M | $133.7M | $135.5M | $174.5M | $227.1M | $107.6M |
| R&D | $8.7M | $8.8M | $9.8M | $12.5M | $14.0M | $11.8M | $13.9M | $14.8M | $12.9M | $13.8M |
| SG&A | $104.8M | $94.0M | $95.5M | $87.7M | $83.0M | $70.9M | $75.4M | $81.2M | $72.7M | $53.7M |
| Interest expense | $8.5M | $11.3M | $7.5M | $2.8M | $5.0M | $7.8M | $5.5M | $7.5M | — | — |
| Pre-tax income | $54.4M | $45.6M | $69.2M | $225.8M | $185.1M | $55.0M | $53.3M | $85.8M | $144.6M | $53.8M |
| Income tax | $5.1M | $1.4M | $14.6M | $53.9M | $45.3M | $9.0M | $12.0M | $19.5M | $2.1M | $19.6M |
| Net income | $49.3M | $44.1M | $54.6M | $171.9M | $139.8M | $46.1M | $41.3M | $66.2M | $146.7M | $34.1M |
| EPS, basic | 1.83 | 1.65 | 2.00 | 6.15 | 4.97 | 1.64 | 1.47 | 2.20 | 4.81 | 1.12 |
| EPS, diluted | 1.80 | 1.62 | 1.95 | 5.92 | 4.81 | 1.64 | 1.43 | 2.14 | 4.72 | 1.12 |
| Shares, diluted (wtd. avg.) | 27.3M | 27.3M | 28.0M | 29.0M | 29.0M | 28.2M | 28.9M | 31.0M | 31.1M | 30.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $19.8M | $19.6M | $29.8M | $31.0M | $15.1M | $10.6M | $7.0M | $9.8M | $55.4M | $14.2M |
| Inventory | $236.5M | $212.4M | $211.8M | $215.5M | $149.6M | $180.1M | $171.7M | $137.2M | $129.2M | $129.0M |
| Total current assets | $440.6M | $387.1M | $419.8M | $440.9M | $349.9M | $333.5M | $290.5M | $311.1M | $387.8M | $282.5M |
| Property, plant and equipment | — | — | — | $811.1M | $768.0M | $765.5M | $755.9M | $672.2M | $612.6M | $575.4M |
| Goodwill | $56.2M | $56.2M | $56.2M | $56.2M | $17.6M | $15.0M | $15.0M | $15.0M | $15.0M | $15.0M |
| Other intangibles | $40.1M | $43.1M | $46.2M | $49.2M | $18.0M | — | — | — | — | — |
| Total assets | $1.71B | $1.59B | $1.50B | $1.50B | $1.31B | $1.26B | $1.24B | $1.03B | $1.05B | $905.0M |
| Accounts payable | $284.0M | $228.8M | $259.1M | $272.7M | $221.2M | $190.2M | $205.9M | $231.7M | $227.7M | $222.9M |
| Short-term debt | — | — | — | — | — | — | — | $0 | $16.9M | $0 |
| Total current liabilities | $390.0M | $357.1M | $358.9M | $393.5M | $309.8M | $287.0M | $291.7M | $284.7M | $296.8M | $274.0M |
| Long-term debt | — | — | — | $115.0M | $135.0M | $275.0M | $297.0M | $0 | $248.3M | $264.8M |
| Total liabilities | $890.9M | $820.3M | $756.8M | $757.2M | $710.8M | $819.3M | $835.1M | $614.3M | $673.9M | $689.6M |
| Retained earnings | $663.0M | $631.5M | $605.1M | $567.5M | $411.5M | $275.2M | $229.2M | $187.8M | $122.0M | -$24.7M |
| Total equity | $815.2M | $774.6M | $739.2M | $738.2M | $601.2M | $444.1M | $400.9M | $420.3M | $376.3M | $215.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $122.9M | $135.4M | $117.5M | $273.6M | $218.8M | $111.8M | $120.4M | $173.4M | $134.6M | $113.7M |
| Depreciation and amortisation | $79.7M | $76.2M | $73.0M | $69.4M | $65.3M | $60.8M | $56.8M | $53.2M | $48.5M | $40.3M |
| Stock-based compensation | $6.8M | $7.9M | $8.3M | $10.3M | $11.3M | $4.9M | $8.3M | $10.1M | $7.7M | $1.3M |
| Capital expenditure | $116.4M | $133.7M | $107.4M | $89.4M | $56.8M | $82.9M | $150.3M | $109.2M | $86.4M | $84.0M |
| Investing cash flow | -$122.6M | -$142.9M | -$110.9M | -$189.3M | -$67.6M | -$84.1M | -$153.1M | -$112.2M | -$93.2M | -$86.4M |
| Financing cash flow | -$47.0K | -$2.7M | -$7.9M | -$68.4M | -$146.8M | -$24.2M | $30.0M | -$106.8M | -$127.0K | -$13.2M |
| Dividends paid | $17.2M | $17.1M | $16.7M | $15.1M | $3.5M | $0 | $0 | — | — | — |
| Buybacks | $1.7M | $10.4M | $46.2M | $33.7M | $652.0K | $1.1M | $62.2M | $38.5M | $0 | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001673985-26-000022.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.19B | $1.48B | $1.51B | $1.30B | $1.16B | $1.68B | $1.95B | $1.53B | $1.52B | $1.52B |
| Gross profit | $107.6M | $227.1M | $174.5M | $135.5M | $133.7M | $274.1M | $314.5M | $165.1M | $152.9M | $164.9M |
| Net income | $34.1M | $146.7M | $66.2M | $41.3M | $46.1M | $139.8M | $171.9M | $54.6M | $44.1M | $49.3M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Other event Item 8.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Other event Item 8.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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