Advansix stock trades near yearly low as lower nylon demand weighs on earnings

Advansix stock mirrors a weaker phase in the chemical cycle after the US specialty chemicals producer Advansix Inc. (ISIN US00773T1016) reported a decline in revenue and profit for 2023 compared with the prior year, according to the companys annual report published in 2024 on its investor relations site covering the 2023 fiscal year.

Revenue down in 2023

According to the 2023 Form 10-K, Advansix generated revenue of about 1.63 billion dollars in 2023, down from roughly 1.87 billion dollars in 2022 as lower pricing and softer nylon and ammonium sulfate volumes weighed on the top line as detailed in the filing.

The company reported net income of approximately 30 million dollars for 2023, a decrease from around 93 million dollars in 2022, reflecting weaker spreads in its nylon chain and higher costs, again according to the same 10-K disclosure for 2023 and 2022.

EBITDA and cash flow trends in 2023

Advansix disclosed adjusted EBITDA of about 134 million dollars in 2023 versus roughly 207 million dollars in 2022, highlighting the impact of lower selling prices and reduced demand on profitability, as presented in the non-GAAP reconciliation tables of its 2023 annual report covering both years.

Operating cash flow for 2023 came in at around 139 million dollars compared with about 189 million dollars in 2022, according to the consolidated cash flow statement in the same filing, as working-capital movements and lower earnings reduced cash generation year on year for the period 2023 versus 2022.

Nylon and ammonium sulfate portfolio

Advansix generates a large part of its revenue from nylon resin, caprolactam, and ammonium sulfate fertilizers, which are used in engineered plastics, films, fibers, and agricultural applications, as outlined in its business description in the 2023 Form 10-K on the investor relations site for the year ended 2023.

Advansix stock and valuation context

Data from a US exchange quote page for Advansix as of 19 July 2026 show the stock trading close to the lower end of its 52-week range around the low to mid 20 dollar area, with a 52-week high near the low 30 dollar range and a 52-week low in the high teens, implying that Advansix stock continues to price in a subdued earnings environment based on Nasdaq quote information.

On the same date, the companys market capitalization was indicated at roughly 600 million dollars, placing Advansix among smaller US-listed chemicals producers by equity value using the Nasdaq data as of 19 July 2026.