Stock Analysis

AdvanSix Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

NYSE:ASIX
Source: Shutterstock

AdvanSix (NYSE:ASIX) Full Year 2024 Results

Key Financial Results

  • Revenue: US$1.52b (down 1.0% from FY 2023).
  • Net income: US$44.1m (down 19% from FY 2023).
  • Profit margin: 2.9% (down from 3.6% in FY 2023).
  • EPS: US$1.65 (down from US$2.00 in FY 2023).
revenue-and-expenses-breakdown
NYSE:ASIX Revenue and Expenses Breakdown February 24th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

AdvanSix EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 35%.

The primary driver behind last 12 months revenue was the United States segment contributing a total revenue of US$1.30b (86% of total revenue). Notably, cost of sales worth US$1.36b amounted to 90% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$94.0m (86% of total expenses). Explore how ASIX's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Chemicals industry in the US.

Performance of the American Chemicals industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - AdvanSix has 1 warning sign we think you should be aware of.

If you're looking to trade AdvanSix, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.

With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.

Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.

Sponsored Content

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.