Ascent Industries (ACNT) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Ascent Industries Revenue Highlights


Latest Revenue (Y)

$193.18M

Latest Revenue (Q)

$50.19M

Main Segment (Y)

Stainless Steel Pipe

Main Geography (Y)

UNITED STATES

Ascent Industries Revenue by Period


Ascent Industries Revenue by Year

DateRevenueChange
2023-12-31$193.18M-53.35%
2022-12-31$414.15M23.73%
2021-12-31$334.71M30.75%
2020-12-31$256.00M-16.11%
2019-12-31$305.17M8.66%
2018-12-31$280.84M39.62%
2017-12-31$201.15M45.16%
2016-12-31$138.57M-21.03%
2015-12-31$175.46M-12.05%
2014-12-31$199.50M-9.62%
2013-12-31$220.75M11.68%
2012-12-31$197.66M15.88%
2011-12-31$170.58M12.87%
2010-12-31$151.12M45.81%
2009-12-31$103.64M-46.15%
2008-12-31$192.48M7.96%
2007-12-31$178.29M17.26%
2006-12-31$152.05M17.93%
2005-12-31$128.93M29.13%
2004-12-31$99.84M1.04%
2003-12-31$98.81M15.62%
2002-12-31$85.46M-6.19%
2001-12-31$91.10M-20.05%
2000-12-31$113.95M-2.51%
1999-12-31$116.88M8.93%
1998-12-31$107.30M-15.31%
1997-12-31$126.70M-0.08%
1996-12-31$126.80M-13.92%
1995-12-31$147.30M28.65%
1994-12-31$114.50M10.74%
1993-12-31$103.40M-

Ascent Industries generated $193.18M in revenue during NA 2023, up -53.35% compared to the previous quarter, and up 68.79% compared to the same period a year ago.

Ascent Industries Revenue by Quarter

DateRevenueChange
2024-06-30$50.19M13.78%
2024-03-31$44.11M391.09%
2023-12-31$8.98M-83.99%
2023-09-30$56.11M-7.50%
2023-06-30$60.66M-26.42%
2023-03-31$82.45M1.09%
2022-12-31$81.56M-18.58%
2022-09-30$100.17M-13.80%
2022-06-30$116.20M-0.01%
2022-03-31$116.22M21.48%
2021-12-31$95.67M11.01%
2021-09-30$86.18M3.73%
2021-06-30$83.09M19.07%
2021-03-31$69.78M24.82%
2020-12-31$55.90M-5.68%
2020-09-30$59.27M-10.39%
2020-06-30$66.14M-11.46%
2020-03-31$74.70M9.93%
2019-12-31$67.95M-7.73%
2019-09-30$73.64M-6.52%
2019-06-30$78.78M-7.11%
2019-03-31$84.80M16.69%
2018-12-31$72.67M-6.58%
2018-09-30$77.79M8.21%
2018-06-30$71.89M22.94%
2018-03-31$58.48M10.68%
2017-12-31$52.84M-3.22%
2017-09-30$54.60M5.99%
2017-06-30$51.51M22.05%
2017-03-31$42.20M27.70%
2016-12-31$33.05M-3.64%
2016-09-30$34.30M-1.75%
2016-06-30$34.91M-3.87%
2016-03-31$36.31M2.10%
2015-12-31$35.57M-6.61%
2015-09-30$38.08M-24.08%
2015-06-30$50.16M-2.87%
2015-03-31$51.65M6.34%
2014-12-31$48.57M0.24%
2014-09-30$48.45M-17.59%
2014-06-30$58.80M1.65%
2014-03-31$57.84M10.71%
2013-12-31$52.24M-3.96%
2013-09-30$54.40M-3.33%
2013-06-30$56.27M-2.70%
2013-03-31$57.84M8.84%
2012-12-31$53.14M5.70%
2012-09-30$50.27M7.24%
2012-06-30$46.88M-1.04%
2012-03-31$47.37M17.72%
2011-12-31$40.24M-12.88%
2011-09-30$46.19M11.58%
2011-06-30$41.40M-3.14%
2011-03-31$42.74M13.56%
2010-12-31$37.64M-10.24%
2010-09-30$41.93M15.36%
2010-06-30$36.35M3.26%
2010-03-31$35.20M36.21%
2009-12-31$25.84M0.51%
2009-09-30$25.71M1.22%
2009-06-30$25.40M-28.49%
2009-03-31$35.52M-18.32%
2008-12-31$43.49M-3.56%
2008-09-30$45.09M-14.80%
2008-06-30$52.92M-

Ascent Industries generated $50.19M in revenue during Q2 2024, up 13.78% compared to the previous quarter, and up 60.87% compared to the same period a year ago.

Ascent Industries Revenue Breakdown


Ascent Industries Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21
Stainless Steel Pipe$222.89M$186.65M
Fiberglass and Steel Liquid Storage Tanks and Separation Equipment$411.00K-
Galvanized Pipe$35.08M$38.70M
Seamless Carbon Steel Pipe And Tube$48.23M$40.54M
Specialty Chemicals-$67.48M
Fiberglass Steel Liquid Storage Tanks Separation Equipment-$1.34M

Ascent Industries's latest annual revenue breakdown by segment (product or service), as of Dec 22: Stainless Steel Pipe (72.70%), Seamless Carbon Steel Pipe And Tube (15.73%), Galvanized Pipe (11.44%), and Fiberglass and Steel Liquid Storage Tanks and Separation Equipment (0.13%).

Quarterly Revenue by Product

Product/ServiceMar 24Jun 23
Stainless Steel Pipe$23.81M$29.00M
Specialty Chemicals$20.30M$21.36M
Fiberglass And Steel Liquid Storage Tanks And Separation Equipment--
Seamless Carbon Steel Pipe And Tube-$10.30M

Ascent Industries's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Stainless Steel Pipe (53.99%), and Specialty Chemicals (46.01%).

Ascent Industries Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21
Non-US$10.19M$9.38M
UNITED STATES$403.96M$325.33M

Ascent Industries's latest annual revenue breakdown by geography, as of Dec 22: UNITED STATES (97.54%), and Non-US (2.46%).

Ascent Industries Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
SCHNSchnitzer Steel Industries$2.88B$621.06M
ASTLAlgoma Steel Group$2.78B$615.40M
ACNTAscent Industries$193.18M$50.19M
MSBMesabi Trust$22.86M$6.49M

ACNT Revenue FAQ


Ascent Industries's yearly revenue for 2023 was $193.18M, representing a decrease of -53.35% compared to 2022. The company's yearly revenue for 2022 was $414.15M, representing an increase of 23.73% compared to 2021. ACNT's yearly revenue for 2021 was $334.72M, representing an increase of 30.75% compared to 2020.

Ascent Industries's quarterly revenue for Q2 2024 was $50.19M, a 13.78% increase from the previous quarter (Q1 2024), and a -17.27% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $44.11M, a 391.09% increase from the previous quarter (Q4 2023), and a -46.50% decrease year-over-year (Q1 2023). ACNT's quarterly revenue for Q4 2023 was $8.98M, a -83.99% decrease from the previous quarter (Q3 2023), and a -88.99% decrease year-over-year (Q4 2022).

Ascent Industries's revenue growth rate for the last 3 years (2021-2023) was -42.29%, and for the last 5 years (2019-2023) was -36.70%.

Ascent Industries's revenue streams in c 22 are Stainless Steel Pipe, Fiberglass and Steel Liquid Storage Tanks and Separation Equipment, Galvanized Pipe, and Seamless Carbon Steel Pipe And Tube. Stainless Steel Pipe generated $222.89M in revenue, accounting 72.70% of the company's total revenue, up 19.42% year-over-year. Fiberglass and Steel Liquid Storage Tanks and Separation Equipment generated $411K in revenue, accounting 0.13% of the company's total revenue Galvanized Pipe generated $35.08M in revenue, accounting 11.44% of the company's total revenue, down -9.38% year-over-year. Seamless Carbon Steel Pipe And Tube generated $48.23M in revenue, accounting 15.73% of the company's total revenue, up 18.96% year-over-year.

For the fiscal year ending Dec 22, the largest source of revenue of Ascent Industries was Stainless Steel Pipe. This segment made a revenue of $222.89M, representing 72.70% of the company's total revenue.