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Ascent Industries Co
NASDAQ:ACNT

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Ascent Industries Co
NASDAQ:ACNT
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Price: 17.71 USD Market Closed
Market Cap: $165.8m

Gross Margin

21.9%
Current
Improving
by 13.2%
vs 3-y average of 8.8%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
21.9%
=
Gross Profit
$22.8m
/
Revenue
$103.8m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
21.9%
=
Gross Profit
$22.8m
/
Revenue
$103.8m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Ascent Industries Co
NASDAQ:ACNT
166m USD
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ZA
Kumba Iron Ore Ltd
JSE:KIO
122.9B ZAR
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BR
Vale SA
BOVESPA:VALE3
370.2B BRL
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LU
ArcelorMittal SA
AEX:MT
39.8B EUR
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AU
Fortescue Metals Group Ltd
ASX:FMG
65.2B AUD
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AU
Fortescue Ltd
XMUN:FVJ
39B EUR
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US
Nucor Corp
NYSE:NUE
41.7B USD
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IN
JSW Steel Ltd
NSE:JSWSTEEL
3T INR
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US
Steel Dynamics Inc
NASDAQ:STLD
27.9B USD
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IN
Tata Steel Ltd
NSE:TATASTEEL
2.5T INR
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CN
Baoshan Iron & Steel Co Ltd
SSE:600019
155.1B CNY
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Market Distribution

Lower than 79% of companies in the United States of America
Percentile
21st
Based on 12 729 companies
21st percentile
21.9%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Ascent Industries Co
Glance View

Market Cap
165.8m USD
Industry
Metals & Mining

Synalloy Corp. engages in the production of stainless steel pipe, fabricator of stainless and carbon steel piping systems, and specialty chemicals. The company is headquartered in Oak Brook, Illinois and currently employs 638 full-time employees. The firm is focused on the production and distribution of industrial tubular products and specialty chemicals. The firm operates through two divisions: Ascent Tubular Products and Ascent Specialty Chemicals. Ascent Tubular division includes American Stainless Tubing, Bristol Tubular Products, and Specialty Pipe & Tube brands. Ascent Tubular division is engaged in manufacturing stainless steel and nickel alloy pipe, separation equipment, heavy wall seamless pipe and tubing. The company serves industries throughout the United States, Canada, Australia, Europe and others. Its Ascent Specialty Chemicals division produces specialty chemicals for the carpet, chemical, paper, metals, mining, agricultural, fiber, paint, textile, automotive, petroleum, cosmetics, mattress, furniture, janitorial and other industries.

ACNT Intrinsic Value
HIDDEN
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
21.9%
=
Gross Profit
$22.8m
/
Revenue
$103.8m
What is Ascent Industries Co's current Gross Margin?

The current Gross Margin for Ascent Industries Co is 21.9%, which is above its 3-year median of 8.8%.

How has Gross Margin changed over time?

Over the last 3 years, Ascent Industries Co’s Gross Margin has decreased from 22.1% to 21.9%. During this period, it reached a low of -1.8% on Mar 31, 2024 and a high of 22.1% on Sep 30, 2022.

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