5 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 58.8% per year over the past 4 years.
Operating margin has contracted, at -1.0% in the latest year.
Financial health
Total debt has grown in line with revenue (59.5% vs 58.8% per year).
Total debt is 4.0× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$1.1B
-$50M
13.8%
-1.0%
-$31M
$604M
—
2024
$1.1B
$60M
22.0%
10.8%
-$118M
$0
—
2023
$614M
$105M
51.1%
43.2%
-$66M
$180M
—
2022
$483M
$217M
53.1%
48.1%
$116M
$149M
—
2021
$172M
$4M
37.2%
27.3%
$2M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$266M
-$47M
2.4%
-12.2%
-$10M
$623M
—
Dec '25
$249M
-$22M
8.1%
-6.0%
-$18M
$604M
—
Sep '25
$260M
-$24M
9.2%
-7.1%
-$1M
$529M
—
Jun '25
$289M
-$6M
18.1%
2.5%
$48M
$534M
—
Mar '25
$298M
$1M
18.3%
5.2%
-$60M
$539M
—
Dec '24
$271M
$14M
18.4%
11.3%
-$6M
$0
—
Sep '24
$304M
$4M
17.4%
5.0%
-$1M
$180M
—
Jun '24
$288M
$15M
21.0%
9.8%
-$55M
$180M
—
Mar '24
$193M
$27M
35.7%
20.6%
-$56M
$180M
—
Dec '23
$141M
$36M
44.6%
34.9%
-$34M
$180M
—
Sep '23
$158M
$29M
50.5%
41.4%
-$43M
$180M
—
Jun '23
$162M
$39M
54.9%
47.4%
$18M
—
—
Mar '23
$153M
$2M
53.7%
48.1%
-$7M
—
—
Dec '22
$150M
$63M
49.9%
44.6%
$15M
$149M
—
Sep '22
$142M
—
52.5%
48.4%
—
—
—
Valuation over time
How the market has priced AESI against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 9.8× (Mar '23) to 18.0× (Nov '25).
The price-to-sales ratio has fallen from 4.4× (Mar '23) to 1.9× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is AESI growing its revenue and profit?
Over the past 4 years, Atlas Energy Solutions Inc.'s revenue has grown 58.8% per year. These are computed facts, not advice.
How much debt does AESI have?
As of FY2025, Atlas Energy Solutions Inc. reported $604M of total debt against — of cash.
What is AESI's profit margin?
In FY2025, gross margin was 13.8%, operating margin -1.0%, and net margin -4.6%.
What is AESI's P/E ratio?
As of Jun '26, Atlas Energy Solutions Inc. traded at a price-to-earnings ratio of about 18.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.