Ascent Industries (ACNT) Revenue & Revenue Breakdown


OverviewFinancialsChartTranscripts

Ascent Industries Revenue Highlights


Latest Revenue (Y)

$193.18M

Latest Revenue (Q)

$42.90M

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
2024-09-30$42.90M-14.52%
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$81.56M4.27%
2022-09-30$78.22M-32.69%
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 $42.90M in revenue during Q3 2024, up -14.52% compared to the previous quarter, and up 70.72% 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
Fiberglass and Steel Liquid Storage Tanks and Separation Equipment$411.00K-
Stainless Steel Pipe$222.89M$186.65M
Seamless Carbon Steel Pipe And Tube$48.23M$40.54M
Galvanized Pipe$35.08M$38.70M
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/ServiceSep 24Mar 24Jun 23
Stainless Steel Pipe$22.02M$23.81M$29.00M
Specialty Chemicals$20.88M$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 Sep 24: Stainless Steel Pipe (51.33%), and Specialty Chemicals (48.67%).

Ascent Industries Revenue Breakdown by Country

Annual Revenue by Country

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

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
ASTLAlgoma Steel Group$2.78B$615.40M
ACNTAscent Industries$193.18M$42.90M
MSBMesabi Trust$22.86M$79.00M

ACNT Revenue FAQ


What is Ascent Industries’s yearly revenue?

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.

What is Ascent Industries’s quarterly revenue?

Ascent Industries's quarterly revenue for Q3 2024 was $42.9M, a -14.52% decrease from the previous quarter (Q2 2024), and a -23.55% decrease year-over-year (Q3 2023). The company'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). ACNT'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).

What is Ascent Industries’s revenue growth rate?

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%.

What are Ascent Industries’s revenue streams?

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

What is Ascent Industries’s main source of revenue?

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.