Price as of close on Nov 3, 2026 · Financials updated Oct 6, 2026
Basics
Sector
Energy
Industry
Oil & Gas Equipment & Services
Country
United States
Market cap
1.0B USD
Enterprise value
2.2B USD
Full-time employees
1,511
Overall health
Drawback:less profitable than most peersless profitable than peers
Drawback:its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback:higher risk than most peers: its share price swings more than most peers’ (beta 1.16 vs a peer median of 0.57) and more debt relative to equity (0.87× vs a peer median of 0.47×)higher risk: bigger price swings (beta 1.16 vs peers 0.57) and more debt vs equity (0.87× vs peers 0.47×)
Paying shareholders without free cash flow. Paid out $0M over the 3 fiscal years to 2025 with -$215M of free cash flow.
Atlas Energy Solutions returned $0M in buybacks and dividends over three fiscal years while its free cash flow totalled -$215M. The money came from its cash pile or from borrowing.
Stock pay outran buybacks. Stock-based pay expense $63M vs $0M spent repurchasing shares over the 3 fiscal years to 2025.
Over three fiscal years Atlas Energy Solutions recorded $63M of stock-based pay expense and spent $0M repurchasing shares (repurchases can include shares withheld to cover employees' taxes). Repurchases were smaller than the stock pay, so they did little to offset new employee shares.Over three fiscal years Atlas Energy Solutions recorded $63M of stock-based pay expense and spent $0M repurchasing shares. Repurchases were smaller than the stock pay, so they did little to offset new employee shares.
Earnings slid into a loss. Loss per share this year after a profit last year.
Atlas Energy Solutions made a loss per share in its latest year after a profit the year before.
Operating margin at a 5-year low.-1.0% in 2025, the weakest of the last 5 years.
Atlas Energy Solutions's operating margin fell to -1.0% in 2025, its lowest in the 5 years of filings we have.
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield-11.6%
SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.49Sector median: 0.0522 · MAD: 0.0351
EBITDA yield4.3%
SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score -1.50Sector median: 0.1209 · MAD: 0.0518
Free cash flow yield-18.1%
SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.26Sector median: 0.0618 · MAD: 0.0491
Revenue and earnings-per-share growth over one year, and revenue growth over three years.
Earnings per share growthUnavailable
Earnings per share turned from a profit to a loss33% base weight · Z-score -1.87Sector median: 0.0107 · MAD: 0.3431
3-year revenue growth31.4%
Yahoo Finance fallback · SEC figure unavailable or out of date · 3 fiscal years to Dec 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score 3.62Sector median: -0.0135 · MAD: 0.0807
Revenue growth-8.1%
SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score -0.78Sector median: 0.0050 · MAD: 0.1101
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Atlas Energy Solutions
Is Atlas Energy Solutions getting weaker?
Its latest SEC filing (Aug 5, 2026) got weaker in some ways: operating margin fell 2.8 points to -8.3%; debt up 55%. Its overall score is unchanged at 24/100 since Oct 28, 2026.
How is Atlas Energy Solutions valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 9/100 against 404 energy peers.Earnings yield -11.6% vs a peer median of 5.2% (weaker than 100% of peers).Earnings yield -11.6% vs peers 5.2% (weaker than 100% of peers).
Is Atlas Energy Solutions growing?
At about the same pace as its peers. Growth scores 58/100 against 404 energy peers.3-year revenue growth 31.4% vs a peer median of -1.3% (stronger than 95% of peers).3-year revenue growth 31.4% vs peers -1.3% (stronger than 95% of peers).Revenue growth -8.1% vs a peer median of 0.5% (weaker than 73% of peers).Revenue growth -8.1% vs peers 0.5% (weaker than 73% of peers).
How profitable is Atlas Energy Solutions?
Less profitable than most of its peers. Profitability scores 6/100 against 404 energy peers.Operating margin -8.3% vs a peer median of 11.7% (weaker than 94% of peers).Operating margin -8.3% vs peers 11.7% (weaker than 94% of peers).
How risky is Atlas Energy Solutions?
Higher risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Current ratio 1.82× vs a peer median of 1.37× (stronger than 69% of peers).Current ratio 1.82× vs peers 1.37× (stronger than 69% of peers).Beta 1.16 vs a peer median of 0.57 (weaker than 91% of peers).Beta 1.16 vs peers 0.57 (weaker than 91% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 5, 2026 · compared with the quarter ended Mar 31, 2026
Got weaker
Operating margin fell 2.8 points to -8.3%
Debt up 55%
Free cash flow turned negative over the last 12 months
Worth watching: Atlas Energy Solutions is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.
Previous quarter
Latest quarter
Change
Revenue (12 months)
1.1B USD
1.1B USD
+0.4%
Net income (12 months)
−98.8M USD
−118.3M USD
+19.8%
Operating margin
-5.5%
-8.3%
−2.8 pts
Free cash flow (12 months)
18.6M USD
−184.1M USD
turned negative
Debt
622.7M USD
966.7M USD
+55.3%
Shares outstanding
124.9M
125.0M
+0.1%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Energy · 117 companies
Valuations in Energy are above their usual range since 2016.
71% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +37% and earnings +10% (medians): prices rose faster than earnings.
Median price-to-sales is −30% vs the whole market, against a usual −35%.
2016Shaded: most expensive fifth of its range2026
Shown for Energy: too few Oil & Gas Equipment & Services companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
37.2%
53.1%
51.1%
22.0%
13.8%
▼ 8.2 pts
Operating margin
27.3%
48.1%
43.2%
10.8%
-1.0%
▼ 12 pts
Net margin
2.5%
45.0%
17.2%
5.7%
-4.6%
▼ 10 pts
Return on assets (ROA)
—
28.9%
8.4%
3.0%
-2.3%
▼ 5.3 pts
Return on equity (ROE)
1.3%
42.4%
12.1%
5.8%
-4.2%
▼ 9.9 pts
Free cash flow margin
1.2%
24.1%
-10.8%
-11.1%
-2.8%
▲ 8.3 pts
Current ratio
—
2.02×
3.44×
1.19×
1.46×
▲ 22%
Quick ratio
—
1.95×
3.37×
1.12×
1.39×
▲ 24%
Debt to equity
—
0.29×
0.21×
0.50×
0.50×
▼ 0.6%
Interest coverage
1.11×
14.72×
34.48×
—
—
—
AESI price history
Price history is added with the daily price update and will appear after the next one.