Is the business good?
How good a business is AESI?
Atlas Energy Solutions Inc. earns −2.6% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
−2.6%
Return on invested capital · cost of capital 9.0% · 12 points below what the capital costs: growth destroys value
- Operating margin
- −5.5%
Operating margin · Oil & Gas Equipment & Services median 10% · 12 months to Q1 2026
- Share count, year on year
- +4.1%
Share count, year on year · shareholders own a smaller slice than a year ago
- Gross margin
- 9.6%
Gross margin
| Year | Operating margin |
|---|---|
| FY2021 | 27% |
| FY2022 | 48% |
| FY2023 | 43% |
| FY2024 | 11% |
| FY2025 | −1.0% |
Details›
- Gross margin12 months to Q1 2026
- 9.6%
- Operating margin12 months to Q1 2026
- −5.5%
- Net margin12 months to Q1 2026
- −9.3%
- Free cash flow margin
- 1.8%
- Revenue, trailing twelve months
- $1.06B
- Free cash flow, trailing twelve months
- $19M
- Net income, trailing twelve months
- −$99M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- −2.6%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Oil & Gas Equipment & Services
Ranks #23 of 27 by Smart Score