YOLFTbeta
Aspen Aerogels Inc

Aspen Aerogels Inc

ASPN · NYSE · Basic Materials / Specialty Chemicals

5.58USD-0.41 (-6.84%)

Price History

Full chart

Market Stats

Previous Close5.99
Open6.00
Day Range5.45 – 6.00
52-Week Range2.30 – 9.35
Volume1.21M
Market Cap439.84M
P/E (TTM)0.00
Forward P/E714.29
EPS-1.42
Dividend Yield0.00%
Beta2.97
50-Day Avg5.19
200-Day Avg4.36

About

Aspen Aerogels, Inc., an aerogel technology company, designs, develops, manufactures, and sells aerogel materials primarily for use in the energy industrial, sustainable insulation materials, and electric vehicle (EV) markets in the United States, Canada, Asia, Europe, and Latin America. It operates through two segments: Thermal Barrier and Energy Industrial. The company offers PyroThin aerogel thermal barriers for use in battery packs in EVs; Pyrogel XTE for refineries and petrochemical facilities; Pyrogel HPS for high temperatures and in demanding thermal applications in refining and chemical processing systems; Pyrogel XTF for protection against fire; Cryogel Z for sub-ambient and cryogenic applications; Spaceloft Subsea for pipe-in-pipe applications in offshore oil production; and Cryogel X201 for cold system designs. It serves EV manufacturers, automotive suppliers, lithium-ion battery manufacturers, and e-mobility and energy storage companies. The company was founded in 2001 and is headquartered in Northborough, Massachusetts.

Company Details

  • SectorBasic Materials
  • IndustrySpecialty Chemicals
  • CEOMr. Donald R. Young
  • Employees854
  • HeadquartersBuilding B, Northborough, MA, United States, 01532, USA
  • Websitehttps://www.aerogel.com

Leadership

  • Mr. Donald R. YoungPresident, CEO & Director · b. 1957
  • Mr. Grant D. ThoeleCFO, Treasurer & Principal Financial and Accounting Officer · b. 1988
  • Mr. Gregg R. LandesChief Operating Officer · b. 1970
  • Mr. Glenn E. Deegan Esq.Chief Administrative Officer, General Counsel & Corporate Secretary · b. 1967
  • Mr. Corby C. WhitakerChief Commercial Officer · b. 1970
  • Mr. Neal BaranoskySenior Director of Corporate of Strategy & Finance
  • Mr. Paul BettsManaging Director of Investment Banking at RBC Capital Markets Inc.

Financials

Income Statement

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue28.62M43.21M45.95M63.45M86.09M102.40M122.52M117.74M111.63M104.36M139.38M100.27M121.62M121.62M238.72M452.70M271.10M
Growth (%)-+51.00%+6.34%+38.09%+35.68%+18.94%+19.65%-3.90%-5.19%-6.51%+33.55%-28.06%+21.29%0.00%+96.28%+89.64%-40.11%
Cost of Revenue32.25M37.52M48.58M71.42M75.36M85.32M97.87M94.43M92.96M91.69M113.09M85.68M111.69M111.69M181.80M269.80M225.10M
Gross Profit-3.63M5.69M-2.63M-7.97M10.73M17.08M24.65M23.31M18.67M12.67M26.28M14.59M9.94M9.94M56.92M182.90M46.00M
Gross Margin-12.70%13.17%-5.71%-12.56%12.46%16.68%20.12%19.80%16.73%12.14%18.86%14.55%8.17%8.17%23.84%40.40%16.97%
Operating Expense11.95M13.19M17.94M25.00M30.70M33.12M30.88M34.53M37.81M46.59M40.44M36.16M50.54M50.54M106.12M128.36M97.39M
Operating Income-15.58M-7.50M-20.57M-32.97M-19.97M-16.04M-6.24M-11.22M-19.14M-33.92M-14.16M-21.57M-40.60M-40.60M-49.20M54.53M-51.39M
Operating Margin-54.45%-17.35%-44.76%-51.96%-23.20%-15.67%-5.09%-9.53%-17.14%-32.50%-10.16%-21.51%-33.38%-33.38%-20.61%12.05%-18.96%
EBITDA-9.95M-2.86M-21.24M-23.29M-6.47M-5.86M3.65M-1.37M-8.38M-23.13M-3.95M-11.37M-31.16M-38.98M-22.31M51.46M5.72B
EBITDA Margin-34.78%-6.62%-46.23%-36.70%-7.52%-5.72%2.98%-1.16%-7.51%-22.16%-2.83%-11.34%-25.62%-32.05%-9.34%11.37%2108.30%
Net Income-18.64M-9.91M-32.83M-56.14M-47.61M-66.32M-6.42M-12.02M-19.32M-34.44M-4.76M-11.85M-27.88M-37.09M-45.81M13.38M-389.55M
Net Income Margin-65.13%-22.94%-71.45%-88.48%-55.30%-64.77%-5.24%-10.21%-17.31%-33.00%-3.41%-11.82%-22.93%-30.50%-19.19%2.95%-143.69%
R&D2.52M2.98M4.08M5.14M5.16M5.98M5.25M5.31M6.18M6.32M8.41M8.73M11.44M11.44M16.36M18.05M6.30B
R&D as % of Total Revenue8.82%6.91%8.89%8.10%5.99%5.84%4.29%4.51%5.54%6.05%6.03%8.71%9.41%9.41%6.85%3.99%2322.04%
Interest Expense3.08M2.58M7.58M21.79M30.60M50.28M182.00K147.00K185.00K524.00K406.00K240.00K229.00K229.00K5.33M11.96M6.06B
Interest Expense % of Total Revenue10.75%5.98%16.49%34.34%35.54%49.10%0.15%0.12%0.17%0.50%0.29%0.24%0.19%0.19%2.23%2.64%2234.45%

Balance Sheet

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets64.73M88.80M-95.30M90.44M145.04M140.07M134.67M123.81M99.02M103.50M97.42M182.95M643.42M703.05M895.14M406.68M
Total Liabilities58.58M146.90M-129.85M152.41M21.33M17.60M19.11M22.87M28.77M44.51M29.57M54.55M195.98M214.99M280.44M171.16M
Total Equity6.15M-58.10M--34.55M-61.97M123.72M122.47M115.56M100.94M70.25M58.99M67.85M128.41M447.44M488.06M614.71M235.52M
Cash27.50M26.80M-1.34M1.57M49.72M32.80M18.09M10.69M3.33M3.63M16.50M76.56M281.33M139.72M220.88M156.86M
Total Debt575.00K8.14M-110.08M138.56M1.20M107.00K39.00K3.75M4.18M8.45M8.31M15.24M119.40M138.77M197.38M143.71M
Net Debt-26.93M-18.66M-108.74M136.98M-49.55M-32.70M-18.05M-6.94M854.00K4.82M-8.19M-61.33M-161.93M-951.00K-23.50M-13.15M

Cash Flow

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-12.97M-15.13M-24.15M-25.88M-13.69M6.65M5.36M-578.00K-4.61M-8.65M-1.05M-9.92M-18.63M-94.40M-42.61M45.55M32.87M
Investing Cash Flow-1.78M-15.71M-31.87M-9.79M-3.33M-13.24M-21.96M-13.22M-6.12M-3.59M-2.11M-3.42M-13.78M-177.97M-175.46M-86.26M-37.45M
Financing Cash Flow30.27M30.13M40.47M25.77M17.25M54.74M-318.00K-924.00K3.33M4.88M3.47M26.20M92.47M478.37M75.48M122.02M-58.13M
Capital Expenditure1.64M11.34M36.30M10.24M3.33M13.24M21.96M13.22M6.12M3.59M2.11M3.42M13.78M177.97M175.46M86.26M37.45M
Free Cash Flow-14.62M-26.47M-60.46M-36.12M-17.02M-6.59M-16.60M-13.79M-10.72M-12.25M-3.17M-13.34M-32.41M-272.37M-218.07M-40.71M-4.58M
Dividends Paid-----0000--1.22M-97.45M---
FCF to OCF112.67%174.98%250.31%139.55%124.32%-99.17%-309.70%2386.51%232.83%141.52%300.38%134.42%173.96%288.53%511.75%-89.38%-13.92%
Dividend Paid to FCF-----0.00%0.00%0.00%0.00%---9.14%--35.78%---

Earnings

Report DateAug 7, 2014Nov 6, 2014Feb 26, 2015May 7, 2015Aug 6, 2015Nov 5, 2015Feb 25, 2016May 5, 2016Aug 4, 2016Nov 3, 2016Feb 23, 2017May 4, 2017Aug 3, 2017Nov 2, 2017Feb 22, 2018May 3, 2018Aug 2, 2018Nov 1, 2018Feb 21, 2019May 2, 2019Aug 1, 2019Oct 31, 2019Feb 20, 2020Apr 30, 2020Jul 30, 2020Oct 29, 2020Feb 18, 2021Apr 29, 2021Jul 29, 2021Oct 28, 2021Feb 17, 2022Apr 27, 2022Jul 27, 2022Oct 26, 2022Feb 15, 2023May 3, 2023Aug 2, 2023Nov 1, 2023Feb 12, 2024May 1, 2024Aug 7, 2024Nov 6, 2024Feb 12, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 12, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate-0.18-0.15-0.14-0.15-0.11-0.070.03-0.04-0.05-0.10-0.17-0.29-0.23-0.15-0.10-0.26-0.23-0.23-0.08-0.24-0.17-0.10-0.04-0.22-0.20-0.16-0.15-0.20-0.27-0.25-0.29-0.47-0.56-0.55-0.29-0.39-0.36-0.27-0.12-0.090.06-0.080.09-0.07-0.12-0.02-0.21-0.26-0.22-0.09
EPS Actual-0.14-0.10-0.12-0.12-0.12-0.110.07-0.08-0.06-0.13-0.25-0.39-0.23-0.13-0.07-0.29-0.29-0.27-0.28-0.25-0.22-0.09-0.04-0.13-0.21-0.25-0.23-0.22-0.23-0.24-0.50-0.59-0.68-0.75-0.20-0.24-0.22-0.19-0.010.010.210.190.15-0.06-0.04-0.06-0.34-0.28-0.22-
Surprise22.22%33.33%14.29%20.00%-9.09%-57.14%133.33%-100.00%-20.00%-30.00%-47.06%-34.48%0.00%13.33%30.00%-11.54%-26.09%-17.39%-250.00%-4.17%-29.41%10.00%0.00%40.91%-5.00%-56.25%-53.33%-10.00%14.81%4.00%-72.41%-25.53%-21.43%-36.36%31.03%38.46%38.89%29.63%91.67%111.11%250.00%337.50%66.67%14.29%66.67%-200.00%-59.40%-7.69%0.00%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap439.84M
Enterprise Value444.78M
Trailing P/E0.00
Forward P/E714.29
PEG Ratio0.00
Price / Sales2.18
Price / Book2.45
EPS-1.42
Book Value2.32
Revenue (TTM)202.09M
Gross Profit (TTM)32.83M
EBITDA-41.01M
Profit Margin-62.45%
Operating Margin-29.20%
Return on Equity-50.36%
Return on Assets-8.45%
Shares Outstanding82.99M
Shares Float76.76M
Beta2.97
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 9 analystsTarget 7.75
  • Strong Buy
    4
  • Buy
    3
  • Hold
    2

Ownership Breakdown

Institutions
75.01%
Insiders
16.20%
Retail / Other
8.79%

Top Institutional Holders

  • KIM, LLC
    12.28M14.80%
  • OAKTOP CAPITAL MANAGEMENT II LP
    5.17M6.23%
  • BlackRock Inc
    4.74M5.72%
  • Needham Investment Management, LLC
    4.52M5.45%
  • Vanguard Capital Management, LLC
    3.44M4.14%
  • George Kaiser Family Foundation
    3.17M3.82%
  • American Century Companies Inc
    2.51M3.02%
  • State Street Corp
    2.32M2.80%
  • Amvescap Plc.
    2.30M2.77%
  • Rice Hall James & Associates, LLC
    1.64M1.97%
  • Geode Capital Management, LLC
    1.54M1.86%
  • Gagnon Securities LLC
    1.54M1.85%
  • Ameriprise Financial Inc
    1.51M1.82%
  • Dimensional Fund Advisors, Inc.
    1.45M1.74%
  • Marshall Wace Asset Management Ltd
    1.26M1.52%
  • Jacobs Levy Equity Management, Inc.
    1.22M1.47%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    2.64M3.18%
  • Avantis US Small Cap Value ETF
    2.55M3.08%
  • Needham Aggressive Growth Retail
    2.08M2.50%
  • iShares Russell 2000 ETF
    1.74M2.09%