AdvanSix (ASIX) AI Stock Analysis

• Market Cap: $481.29M
• Dividend Yield: 3.81%
• Average Volume (3M): 302.03K
• Price to Earnings (P/E): 9.9
• Beta (1Y): 1.16
• Revenue Growth: -5.05%
• EPS Growth: 35.01%
• Country: US
• Employees: 1,450
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals
• EPS (TTM): 0.03
• Shares Outstanding: 26,872,911
• 10 Day Avg. Volume: 272,148
• 30 Day Avg. Volume: 302,030
• PEG Ratio: 0.87
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 0.31
• P/FCF Ratio: 72.51
• Enterprise Value/Market Cap: 1.76
• Enterprise Value/Revenue: 0.56
• Enterprise Value/Gross Profit: 5.14
• Enterprise Value/Ebitda: 5.87
• 1Y Price Target: $20.00
• Price Target Upside: 11.79% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): 2.02
• Revenue Forecast (FY): $1.54B

• Rating: 64 Neutral
• Price Target: $19.50 ▲(9.00% Upside)
• Action: Reiterated Date: 02/20/26
• Date: Action: Reiterated 02/20/26

The score is driven primarily by middling financial performance (flat revenue, compressed margins, and modest/volatile free cash flow) balanced by a constructive but mixed earnings outlook (cost-savings and cash-improvement plans offset by near-term storm/turnaround and commodity-cost headwinds). Valuation is a notable positive (low P/E and solid yield), while technicals are moderately supportive near-term but still below the long-term trend.

Positive Factors

Record production / operational uptime

Sustained record production reflects improved plant reliability and uptime, which supports consistent supply to crops and industrial customers. Durable operational execution reduces unit costs, underpins margin resilience across cycles, and strengthens customer relationships and contract credibility.

Conservative leverage / liquidity

Maintaining roughly 1.2x net debt/adjusted EBITDA provides material financial flexibility through cyclical troughs. This conservative balance-sheet posture supports the dividend, funds planned turnarounds and capex, and reduces refinancing and liquidity risk while enabling strategic optionality.

Productivity program and capital discipline

A targeted $30M run-rate savings program plus lower, disciplined capex guidance should sustainably improve margins and convertibility of EBITDA to free cash flow. Structural cost reductions and risk-based capital allocation enhance earnings durability and strengthen cash generation over the medium term.

Negative Factors

Prolonged nylon demand trough

Extended weakness in nylon end markets (automotive, construction, packaging) reduces pricing power and volume recovery prospects. Structural softness prolongs pressure on resin segment revenue and margins, delaying normalization of cyclical profits and stressing segment-level cash generation.

Elevated input-cost volatility

High and volatile sulfur and natural gas costs materially compress chemical margins when pass-through is limited. Persistent commodity cost pressure increases operating expense volatility, reduces predictability of free cash flow, and can erode benefits from productivity actions if sustained.

Modest and uneven free cash flow

Low and inconsistent FCF constrains debt reduction, reinvestment and discretionary returns despite decent operating cash flow. Reliance on one‑time items or timing of credits (e.g., 45Q) adds risk; durable cash-generation improvement is required to materially improve financial flexibility.

AdvanSix Business Overview & Revenue Model

Company Description

AdvanSix Inc. manufactures and sells polymer resins in the United States and internationally. It offers Nylon 6, a polymer resin, which is a synthetic material used to produce fibers, filaments, engineered plastics and films. The company also provides caprolactam to manufacture polymer resins; ammonium sulfate fertilizers to distributors, farm cooperatives, and retailers; and acetone that are used in the production of adhesives, paints, coatings, solvents, herbicides, and engineered plastic resins, as well as other intermediate chemicals, including phenol, alpha-methyl styrene, cyclohexanone, methyl ethyl ketoxime, acetaldehyde oxime, 2-pentanone oxime, cyclohexanol, sulfuric acid, ammonia, and carbon dioxide. It offers its products under the Aegis, Capra, Sulf-N, Nadone, Naxol, and EZ-Blox brands. The company sells its products directly, as well as through distributors. AdvanSix Inc. was incorporated in 2016 and is headquartered in Parsippany, New Jersey.

How the Company Makes Money

AdvanSix generates revenue primarily through the sale of its nylon 6 products and related chemical offerings. The company has a diverse customer base that includes industries such as automotive, where nylon is used for components that require durability and heat resistance. Additionally, AdvanSix produces ammonium sulfate, which serves as a fertilizer in the agricultural sector, contributing to its revenue streams. The company's business model relies on both direct sales and long-term contracts with major clients, ensuring stable cash flow. Strategic partnerships with suppliers and distributors also enhance its market reach and operational capabilities, while the focus on innovation and sustainability attracts new clients and retains existing ones, thus supporting continuous revenue growth.

AdvanSix Financial Statement Overview

Summary

Revenue is essentially flat (~$1.52B TTM) and profitability is currently compressed versus prior cycle highs (about ~10% gross margin and ~3.5% net margin). The balance sheet is reasonably positioned with moderate leverage (debt-to-equity ~0.50), but debt has trended up. Cash generation is the main constraint: operating cash flow is solid (~$123M TTM) while free cash flow is modest and uneven (~$34M TTM).

Income Statement

TTM (Trailing-Twelve-Months) revenue is essentially flat versus 2024 (about $1.52B vs. $1.52B), following a multi-year pattern of volatility (strong 2021–2022, then lower/flat 2023–TTM). Profitability is currently modest with ~10% gross margin and ~3.5% net margin in TTM, which is meaningfully below the much stronger 2021–2022 margin profile. Positives include stable EBITDA margin around ~9% in TTM and slightly higher net income versus 2024, but the overall earnings power looks compressed versus prior cycle highs.

Balance Sheet

Leverage appears manageable with TTM debt-to-equity around 0.50 and equity of roughly $815M against total debt of ~$381M. However, leverage has trended up from 2022–2023 levels as debt increased, which reduces flexibility if industry conditions weaken. Returns are positive but moderate in TTM (return on equity ~6.5%), well below the outsized 2021–2022 period—suggesting a less favorable profitability environment rather than balance-sheet stress.

Cash Flow

TTM operating cash flow is solid at about $123M, but free cash flow is relatively light (~$34M), indicating elevated cash needs (e.g., reinvestment or working-capital swings). Cash generation quality is a key watch item: free cash flow is extremely low relative to TTM net income based on the provided ratio, and free cash flow has been uneven over time (very strong in 2021–2022, sharply weaker in 2023–2024). The main positive is that free cash flow improved versus 2024, but consistency remains the concern.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.52B	1.52B	1.53B	1.95B	1.68B
Gross Profit	173.64M	152.94M	165.09M	314.48M	274.12M
EBITDA	142.65M	133.06M	149.72M	297.93M	255.48M
Net Income	49.29M	44.15M	54.62M	171.89M	139.79M
Balance Sheet
Total Assets	1.71B	1.59B	1.50B	1.50B	1.31B
Cash, Cash Equivalents and Short-Term Investments	19.77M	19.56M	29.77M	30.98M	15.10M
Total Debt	380.56M	348.89M	266.01M	230.04M	271.71M
Total Liabilities	890.93M	820.27M	756.78M	757.15M	710.81M
Stockholders Equity	815.22M	774.65M	739.24M	738.18M	601.19M
Cash Flow
Free Cash Flow	6.42M	1.69M	10.17M	184.15M	162.04M
Operating Cash Flow	122.86M	135.41M	117.55M	273.60M	218.85M
Investing Cash Flow	-122.61M	-142.90M	-110.90M	-189.27M	-67.56M
Financing Cash Flow	-47.00K	-2.71M	-7.87M	-68.44M	-146.79M

AdvanSix Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 17.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ASIX, the sentiment is Negative. The current price of 17.89 is below the 20-day moving average (MA) of 17.93, above the 50-day MA of 17.46, and below the 200-day MA of 19.52, indicating a neutral trend. The MACD of 0.22 indicates Positive momentum. The RSI at 50.49 is Neutral, neither overbought nor oversold. The STOCH value of 20.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ASIX.

AdvanSix Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LXU	66 Neutral	$723.76M	-945.28	-0.13%	―	12.49%	95.48%
ASIX	64 Neutral	$481.29M	9.93	6.20%	3.81%	-5.05%	35.01%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
RYAM	56 Neutral	$480.43M	-1.64	-78.11%	―	-9.75%	-386.63%
TROX	51 Neutral	$1.14B	-2.43	-29.57%	8.27%	-7.81%	-334.15%
ASPI	49 Neutral	$678.10M	-4.03	-187.23%	―	147.78%	-137.42%
ORGN	40 Underperform	$22.99M	-0.32	-21.13%	―	-28.47%	16.83%

AdvanSix Corporate Events

AdvanSix Reports 2025 Results and Maintains Dividend Payout

On February 20, 2026, AdvanSix reported fourth-quarter and full-year 2025 results showing modest top-line growth and margin improvement despite challenging market conditions. Full-year 2025 sales were $1.52 billion, essentially flat year on year, while net income rose to $49.3 million and adjusted EBITDA increased to $156.8 million, supported by stronger plant nutrients demand, record ammonia and sulfuric acid production, and disciplined capital spending that lifted free cash flow.

Fourth-quarter 2025 sales climbed 9% to $360 million on an 11% volume increase tied to the prior year’s extended turnaround, though the company posted a small net loss of $2.8 million with adjusted EPS of $0.03. Management highlighted successful completion of 2025 plant turnarounds at the low end of cost expectations and outlined actions to drive improved cash generation in 2026 via fixed-cost savings, tighter turnaround scope and risk-based capital allocation, reinforcing its conservative leverage profile and ongoing dividend program.

Also on February 20, 2026, the board declared a cash dividend of $0.16 per share, payable March 23, 2026 to shareholders of record on March 9, 2026. The payout underscores AdvanSix’s intention to preserve a competitive dividend while navigating cyclical trough conditions in nylon, mixed intermediates pricing and robust yet cost-intensive plant nutrients markets.

The most recent analyst rating on (ASIX) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on AdvanSix stock, see the ASIX Stock Forecast page.

AdvanSix Appoints Jeffrey Bird to Board of Directors

On December 22, 2025, AdvanSix announced that it had appointed Jeffrey J. Bird as an independent member of its Board of Directors, effective January 1, 2026, a move that expands the board to ten members, nine of whom are independent under New York Stock Exchange standards. Bird, currently Interim President and Chief Operating Officer of Envent Corporation and a director at methane-detection specialist Heath Consultants, brings extensive executive experience in global manufacturing and chemicals, as well as deep financial, operational and governance expertise from senior roles at Dril-Quip, Frank’s International, Ascend Performance Materials and Danaher. He will serve on AdvanSix’s Audit Committee and its Health, Safety and Environmental Committee, and the company’s leadership underscored that his appointment is intended to strengthen strategic oversight, reinforce governance around safety and sustainability, and support AdvanSix’s efforts to deliver resilient performance, long-term growth and enhanced shareholder value.

The most recent analyst rating on (ASIX) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on AdvanSix stock, see the ASIX Stock Forecast page.