ASCENT INDUSTRIES (ACNT) Company Report

Ascent Industries Co. (ACNT) announced that its Board of Directors authorized a new stock repurchase program on December 16, 2025.
The program permits the company to repurchase up to 2.0 million shares of its common stock over a two-year period ending December 16, 2027.
This new authorization supersedes a prior stock repurchase program approved on February 18, 2025, under which nearly 75% of the authorized shares had already been repurchased.
As of December 17, 2025, the company had 9.38 million shares outstanding.
A Rule 10b5-1 trading plan was adopted on December 19, 2025, to facilitate purchases up to the 2.0 million shares authorized, effective until March 4, 2026.

Dec 19, 2025, 7:53 PM

8-K

Ascent Industries Authorizes New Stock Repurchase Program

ACNT

Share Buyback

Ascent Industries Co. has authorized a new stock repurchase program for up to 2.0 million shares of its common stock over a two-year period ending December 16, 2027.
This new program supersedes a prior authorization approved on February 18, 2025, under which nearly 75% of the authorized shares had already been repurchased.
Through the end of the third quarter of 2025, Ascent had repurchased approximately 7.2% of its outstanding shares based on its December 31, 2024 share count.
Management views the current valuation as not fully reflecting the business's earnings power, making share repurchases a compelling use of capital.
As of December 17, 2025, Ascent Industries Co. had 9.38 million shares outstanding.

Dec 18, 2025, 1:30 PM

Press Release

Ascent Industries Co. Amends Credit Agreement and Receives Default Waiver

ACNT

Share Buyback

Debt Issuance

Ascent Industries Co. executed a Limited Waiver, Consent and Sixth Amendment to Credit Agreement on December 10, 2025, which included a waiver from lenders for an Event of Default caused by the company exceeding the $12,000,000 share repurchase threshold.
The amendment also included lender consent for Ascent's lease assignment of its Munhall property to Nexteel USA LLC.
Additionally, Ascent Chemicals LLC was added as a new borrower, and several existing borrowers underwent name changes, such as CRI Tolling, LLC becoming Ascent Chemicals Fountain Inn, Inc..
The Aggregate Revolving Credit Commitments under the amended agreement remain at $30,000,000.

Dec 15, 2025, 9:11 PM

8-K

Ascent Industries Co. reports Q3 2025 performance and outlines strategic path

ACNT

Management Change

Share Buyback

Guidance Update

Ascent Industries Co. (ACNT) has rebranded and strategically divested its tubular and metals segments to focus on being a pure-play specialty chemicals company.
The company's new CEO, Bryan Kitchen, and CFO, Ryan Kavalauskas, were installed in February 2024 and have a proven track record.
For continuing operations through Q3 2025, the company reported a 100.2% increase in TTM Adjusted EBITDA and a 171.6% increase in TTM Gross Profit.
Ascent Industries Co. repurchased $54 million worth of outstanding shares, representing 7.2% of total outstanding shares, between Q1 2025 and Q3 2025.
The company targets a 22% Adjusted EBITDA % for its standalone Chemical segment by 2030, up from 4% in 2023.

Dec 9, 2025, 9:14 PM

8-K

Ascent Industries Outlines Strategic Transformation and Growth Initiatives

ACNT

Management Change

Share Buyback

New Projects/Investments

New CEO Brian Kitchen and CFO Ryan Kavalauskas, who joined early 2024, have led Ascent Industries' transformation into a pure-play specialty chemical company by divesting all tubular assets, including the Munhall facility, which eliminates a $2.1 million annual drag as of 2026.
The company reported a 171% or $11 million improvement in gross profit on a trailing 12-month basis since early 2024. Ascent Industries currently holds $58 million in cash with zero debt, providing an approximate $88 million in total investment capacity.
Ascent Industries has been aggressive in returning value to shareholders, having retired 7.2% of its outstanding shares through Q3 of this year. The company secured a $10 million piece of net new business expected to be in full run rate effect in Q1 2026, and aims for a gross margin of 35% and an EBITDA margin of 15%-20% by 2026-2030.

Dec 9, 2025, 5:00 PM

Transcript

Ascent Industries Completes Portfolio Optimization, Reports Financial Improvements and Outlines Growth Strategy

ACNT

M&A

Share Buyback

New Projects/Investments

Ascent Industries has completed its transformation into a pure-play specialty chemical company by divesting all tubular assets, including the last holding within the past month or so.
The company reported significant financial improvements, including a 171% or $11 million improvement in gross profit on a trailing 12-month basis and significant Adjusted EBITDA improvement. They also generated $54 million in proceeds from asset sales and eliminated a $2.1 million annual cost drag from the Munhall facility for 2026.
Ascent Industries has a strong financial position with zero debt and $58 million in cash, providing approximately $88 million in total investment capacity.
The company has been aggressive in returning capital to shareholders, repurchasing approximately 7.2% of its outstanding shares (726,000 shares) through Q3 this year.
Ascent Industries secured a $10 million net new business contract set to reach full run rate in Q1 2026 and is focused on organic growth, aiming for a 35% gross margin and 15%-20% EBITDA margin by 2026-2030.

Dec 9, 2025, 5:00 PM

Transcript

Ascent Industries Reports Strong Q3 2025 Results with Significant Margin Expansion

ACNT

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

Ascent Industries (ACNT) reported strong Q3 2025 results, its first full quarter operating as a pure-play specialty chemical company, with revenue growing 6% sequentially to $19.7 million.
Profitability significantly improved, with gross profit rising 20% to $5.8 million and gross margins expanding 400 basis points to 29.7%. Adjusted EBITDA for the quarter was $1.4 million, achieving a 7% positive margin.
The company ended the quarter with a strong balance sheet, holding $58 million in cash and no debt. It also saw 49% of $25 million in Q2 projects convert to customer commitments in Q3, adding $18.2 million in new selling projects to its pipeline.
ACNT has approximately 50% capacity utilization, providing substantial runway for organic growth to reach $120 million to $130 million in top-line revenue with minimal additional capital.

Nov 4, 2025, 10:00 PM

Transcript

Ascent Industries Co. Reports Q3 2025 Results with Strongest Earnings Since 2022

ACNT

Earnings

M&A

Share Buyback

Ascent Industries Co. reported net sales of $19.7 million for Q3 2025, a 5.7% decrease compared to Q3 2024.
Gross profit nearly doubled year-over-year to $5.8 million (29.7% gross profit margin) in Q3 2025, up from $3.0 million (14.4% gross profit margin) in Q3 2024.
The company significantly reduced its net loss to ($0.1) million, or ($0.01) diluted loss per share, in Q3 2025, compared to a net loss of ($7.8) million, or ($0.77) diluted loss per share, in Q3 2024.
Adjusted EBITDA increased to $1.4 million (7.0% Adjusted EBITDA margin) in Q3 2025, from ($0.7) million ((3.4)% Adjusted EBITDA margin) in the prior year period.
Ascent completed its first full quarter as a pure-play specialty chemicals company following the sale of Bristol Metals, LLC and American Stainless Tubing, Inc. assets earlier in 2025.

Nov 4, 2025, 9:11 PM

8-K

Ascent Industries Co. Completes Transformation to Pure-Play Specialty Chemical Company, Reports Strong Financial Improvements and Growth Pipeline

ACNT

M&A

Revenue Acceleration/Inflection

Share Buyback

Ascent Industries Co. has completed its strategic transformation into a pure-play specialty chemical company by divesting its stainless steel tubular assets in April and July 2025. The sale of a final non-operational asset in Munn Hall, Pennsylvania, is anticipated by year-end 2025, expected to contribute a $2.1 million annualized EBITDA uplift.
The company reported significant financial improvements, including a $20 million turnaround in adjusted EBITDA in 2024 and a 24% reduction in costs in the first half of 2025 compared to the first half of 2024.
Ascent Industries Co. maintains a strong balance sheet with zero debt and approximately $60 million in cash at the close of the quarter, providing $90 million in total investment capacity for organic and purposeful inorganic growth.
Organic growth is a key focus, with an active selling project pipeline of $45 million at the end of Q1 2025, growing by an additional $25 million by the end of Q2 2025. The company also repurchased and retired approximately 6% of its outstanding shares in Q2 2025.

Sep 16, 2025, 3:30 PM

Transcript

Ascent Industries Details Pure-Play Specialty Chemicals Strategy and Growth Outlook

ACNT

M&A

Revenue Acceleration/Inflection

New Projects/Investments

Ascent Industries has transformed into a pure-play specialty chemicals company after divesting its tubular asset business, generating $65 million in proceeds. The company reported $60 million in cash and $30 million in borrowing capacity at the close of Q2 2025.
In 2024, Ascent achieved a $19.9 million turnaround and generated over $17 million in cash. The pure-play specialty chemical revenue was about $81 million at year-end 2024, with a focus on improving gross margins by deselecting poor quality business.
The company is focused on organic growth, with a $70 million selling project pipeline in the first half of 2025 expected to drive growth into 2026. Ascent aims to grow its top line from $75-80 million to $120-130 million within its existing asset base.
Ascent is actively seeking accretive M&A opportunities, targeting non-distressed assets at up to an 8x multiple pre-synergies. Long-term financial targets include 30-35% gross margins and 15% adjusted EBITDA margins.