Ascent Industries Co. (ACNT)

From the record

Ascent Industries Co.'s filings since 2017 show 8 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2020-08-26); an auditor change (8-K item 4.01, 4 times, the latest 2025-06-04); a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2024-03-18) (its current reports).

From the record

Ascent Industries Co.'s 10 filed years say what it did: revenue went from $139 million in fiscal 2016 to $75 million in fiscal 2025, down 6.6% a year; it rose in 4 of 9 years; the deepest fall was 78% from fiscal 2021 to fiscal 2025; net income was positive in 5 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Ascent Industries Co.'s diluted share count shrank about 2.5% a year, and dividends and buybacks returned about 31% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 4 purchases of their own stock on the open market in the year to 2026-09-30, buying about $144 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Ascent Industries Co. earned about 1 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 15 cents per dollar of everything the company owns. Leverage: it owed about 22 cents per dollar of assets, and net share issuance: its share count shrank 4.6% over the year (the filed statements).

From the record

Ascent Industries Co.'s standing among 15 graded names in its industry family: revenue of $75 million in fiscal 2025 ranks in the bottom 25% by size; a net margin of 1.2% ranks in the top 23%; revenue growth of -34.1% a year over the last 3 filed years ranks in the bottom 10% (its annual reports).

From the record

Ascent Industries Co.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Kitchen, John Bryan (Chief Executive Officer, as filed), filing under that title since 2024-02-15, 2.7 years (bottom 38% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 2.8 years (bottom 23%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (top 46%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Ascent Industries Co.'s room to grow, from the newest filed statements (fiscal 2025): cash of $58 million against no long-term debt tagged leaves 51.5% of its assets as net cash, top 9% of its family; cash from operations less capital spending is -2.8% of revenue (bottom 37%); a gross margin of 23% (bottom 42%); research spending of 0.1% of revenue (bottom 5%) (its annual report).

From the record

Ascent Industries Co.'s growth drivers, from the filed years to fiscal 2025: revenue grew -34.1% a year over the last three filed years against -6.6% over all 10, slowing (bottom 4% of its family); the newest year grew -7.2% (bottom 12%); research spending grew -29.9% a year (bottom 6%); capital spending grew -23.1% a year (bottom 19%) (its annual reports). Ascent Industries Co. reported 2 product lines in fiscal 2025: Custom Manufacturing at $53 million (70%), Core Technology at $22 million (30%); 1 of 2 grew against the year before (its annual report).

From the record

Ascent Industries Co.'s newest year against its own record: revenue of $75 million in fiscal 2025 came in 67.1% above the $45 million its prior three years' pace pointed to (top 12% of its family); net income of $867 thousand against a prior three-year average of $6 million (top 4%); a net margin of 1.2% against -7.4% before (top 21%) (its annual reports).