undamentalytics Newsletter
Sign in

Atlas Energy Solutions Inc. (AESI) stock

Add to watchlist

Add holding +

NYSE: AESI NYSE Oil & Gas Equipment & Services Next results ~February 1, 2027

E Fundamentals grade

Atlas Energy Solutions Inc. is a US-listed company in the oil & gas equipment & services industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Model estimate per share

~$5.7

Justified price-to-book

Base case. Range ~$4.8–$6.9. Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns.

Price vs value

No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.

Atlas Energy Solutions Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Atlas Energy Solutions files

Where Atlas Energy Solutions stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.07bn, down 8.1% on a year earlier, about the same pace as a quarter earlier. That puts it 16 of 18 for growth among the oil & gas equipment & services companies we cover. Free-cash-flow margin fell to -17.2% from -1.6% a year earlier. Operating margin narrowed to -8.3% from 5.9%. The diluted share count is up 6.8% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 1 of our 4 financial-health checks. Our justified price-to-book value is $5.74 a share, against a share price of $8.96.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 1, 2027 (estimated)

Atlas Energy Solutions Inc.'s trailing-twelve-month revenue fell 8.1% year on year, with a free-cash-flow margin of -17.2%. Where it lags: gross margin of 7.1% ranks 21 of 21 oil & gas equipment & services companies we cover.

Current signal Operating margin compressing: TTM operating margin fell to -8.3%, down 14.2pp year over year.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Atlas Energy Solutions Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Revenue shrinking. Revenue fell 8.1% over the last 12 months.
  • Loss-making. Operating margin is -8.3%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 14.2 points on a year ago.
  • Burning cash. Free cash flow was -17.2% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 6.8% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 65% and a beta of 0.8 against the S&P 500.

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
-$0.17 against an average estimate of -$0.09: missed by 88.7%
Revenue
$293m, up 1.6% on a year earlier
Share reaction
+1.3% in the first session after the results on August 3, 2026, against +3.3% for the S&P 500
Guidance given
MWs deployed 180 to 200 (by the end of this year); MWs expected to come online 120 (end of the first quarter of 2027)
Next report
November 2, 2026; average EPS estimate -$0.24

Atlas Energy Solutions' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-10.7%
  • 1 week-8.5%
  • 1 month-31.6%
  • This year-12.6%
  • 1 year-33.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.1B
Operating margin
-8.3%
Net margin
-11.1%
EPS (TTM, diluted)
$-0.95

Growth

Revenue growth
−8.1%
Change in growth rate
+0.3 pts
Share count change
+6.8%

Cash

Free cash flow (TTM)
-$184M
FCF margin
-17.2%
Stock pay % of revenue
3.3%

Earnings

Last results
November 2, 2026
Next results (est.)
February 1, 2027

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Announcement
  3. Agreement
  4. Announcement
  5. Agreement
  6. Results
  7. Guidance
  8. Product

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Atlas Energy Solutions Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 1 valuation models apply; a rating needs 3.

Valuation models

We value Atlas Energy Solutions Inc. as an oil and gas producer, with every model that fits that kind of business. Cost of equity 8.7%: the 10-year Treasury yield (4.9%) plus a beta of 0.83 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Proved-reserve net asset value The SEC standardised measure of the company's proved oil and gas reserves (future net cash flows after tax at SEC average prices, discounted at 10%) less debt and other claims, per share. — Does not apply: no standardised measure of proved reserves in the company's tagged filings
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$0.1 ~$0.0–$0.1 Left out: out of range vs price (0.01x)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$91 ~$63–$140 Left out: out of range vs price (11.10x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$5.7 ~$4.8–$6.9 Included
Combined value Weighted average of the models that apply: the primary model (proved-reserve net asset value) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$5.7 ~$4.8–$6.9 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Atlas Energy Solutions Inc. with oil and gas producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 202320242025Now
Share price$15.65$21.07$9.42$8.23
Market value$1.1bn$2.3bn$1.2bn$1.0bn
+ Net debt (− = net cash)$0$0$0$0
Enterprise value$1.1bn$2.3bn$1.2bn$1.0bn
Multiples
Price / sales 1.8x2.2x1.1x1.0x
Price / earnings 10.5x38.4x——
Price / free cash flow ————
EV / EBITDA 3.6x10.8x7.7x12.0x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.84 −140% $1.1bn +2%
Next $0.01 +101% $1.3bn +18%

Next year's EPS estimate has moved −98.3% in 90 days, across 3 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +71.8% on 90 days ago. In the last 30 days, 0 analysts raised Atlas Energy Solutions Inc.'s forecast and 1 cut it.

Consensus EPS forecast Atlas Energy Solutions Inc., last 90 days
−$1.00 −$0.50 $0.00 $0.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: −$0.49 Current fiscal year, 60 days ago: −$0.82 Current fiscal year, 30 days ago: −$0.82 Current fiscal year, 7 days ago: −$0.83 Current fiscal year, Now: −$0.84 −$0.84 Next fiscal year, 90 days ago: $0.38 Next fiscal year, 60 days ago: $0.08 Next fiscal year, 30 days ago: $0.08 Next fiscal year, 7 days ago: $0.08 Next fiscal year, Now: $0.01 $0.01

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago −$0.49$0.38
60 days ago −$0.82$0.08
30 days ago −$0.82$0.08
7 days ago −$0.83$0.08
Now −$0.84$0.01

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.09 −$0.17 −88.7%
Mar 2026 −$0.20 −$0.36 −84.4%
Dec 2025 −$0.19 −$0.21 −9.3%
Sept 2025 −$0.02 −$0.18 −821.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 3, 2026
  • MWs deployed · oilfield power division by the end of this year 180 to 200
    “Our oilfield power division continues to scale and we expect 180 to 200 MWs deployed by the end of this year.” source
  • MWs expected to come online · behind-the-meter contract end of the first quarter of 2027 about 120
    “In the second quarter we signed our first long-term behind-the-meter contract, for 120 MWs expected to come online at the end of the first quarter of 2027, and we put mobile power on that site immediately to keep the customer running through construction.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

13 analysts, Nov 2026
Buy754%
Hold538%
Sell18%

Monthly trend

  1. Nov 2026345113
  2. Oct 2026345113
  3. Sep 20262441112

Counts of recommendations published by analysts covering Atlas Energy Solutions Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
25.4%
of tradable shares
Days to cover
6.17
at average volume
Short interest, 1 month
−5%
to October 15, 2026
Held by institutions
89%
of shares
Held by insiders
34.3%
of shares
Employees
1,511
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −33.5%

$12.38 on October 31, 2025 to $8.23

ThenNowEffect
Revenue (last 12 months) $1.2bn $1.1bn −8.1%
P/S multiple 1.2x 1.0x −22.7%
Share count 116m 124m −6.4%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202420252026 to date
Return
AESI+35%−55%−13%
Industry peers (median)−9%+3%+19%
S&P 500+25%+18%+11%
Months that ended higher
AESI67%33%36%
S&P 50075%75%46%
Largest fall from a high during the year
AESI−26%−66%−58%
S&P 500−8%−19%−9%

Worst fall since March 9, 2023: 66% from January 28, 2025 to November 24, 2025. Getting back needed a 193% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$8.10 – $19.75
From 52-week high
−58.3%
vs 50-day average
−30.1%
vs 200-day average
−38.7%
Volatility (1 year)
65%
Beta vs S&P 500
0.84

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 6 down
typical move ±7.2%
After a week
2 up, 9 down
typical move ±9.2%
After a month
6 up, 5 down
typical move ±19.5%
Results releasedNext dayS&P 500 next day5 days21 days
August 3, 2026 +1.3% +3.3% +9.2% +17.5%
May 4, 2026 +12.2% +0.4% +10.0% +4.6%
April 6, 2026 −7.5% +0.5% −3.6% +58.2%
April 1, 2026 −7.4% +0.8% −12.3% +30.6%
February 23, 2026 −11.4% −0.3% −14.9% +15.0%
November 3, 2025 −14.1% −1.0% −14.1% −21.6%
August 4, 2025 +0.5% +1.0% −8.2% −11.2%
May 5, 2025 −13.0% −1.4% −8.5% −8.5%
February 24, 2025 −5.9% −1.0% −12.7% −10.1%
January 27, 2025 +4.6% −0.6% −6.9% −18.2%
October 28, 2024 +1.7% +0.5% −0.3% +18.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Atlas Energy Solutions Inc. in five measures

Fundamentals grade E
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Atlas Energy Solutions Inc.
$600M $800M $1B $1.2B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $622.7M Revenue (TTM), FY23 Q4: $614M Revenue (TTM), FY24 Q1: $653.2M Revenue (TTM), FY24 Q2: $778.9M Revenue (TTM), FY24 Q3: $925.8M Revenue (TTM), FY24 Q4: $1.1B Revenue (TTM), FY25 Q1: $1.2B Revenue (TTM), FY25 Q2: $1.2B Revenue (TTM), FY25 Q3: $1.1B Revenue (TTM), FY25 Q4: $1.1B Revenue (TTM), FY26 Q1: $1.1B Revenue (TTM), FY26 Q2: $1.1B $1.1B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $622.7M
FY23 Q4 $614M
FY24 Q1 $653.2M
FY24 Q2 $778.9M
FY24 Q3 $925.8M
FY24 Q4 $1.1B
FY25 Q1 $1.2B
FY25 Q2 $1.2B
FY25 Q3 $1.1B
FY25 Q4 $1.1B
FY26 Q1 $1.1B
FY26 Q2 $1.1B
Revenue growth, TTM YoY Atlas Energy Solutions Inc.
-50% 0% 50% 100% FY24 Q2 FY24 Q4 FY25 Q2 FY25 Q4 FY26 Q2 Revenue growth, TTM YoY, FY24 Q2: 28.4% Revenue growth, TTM YoY, FY24 Q3: 48.7% Revenue growth, TTM YoY, FY24 Q4: 72.0% Revenue growth, TTM YoY, FY25 Q1: 77.7% Revenue growth, TTM YoY, FY25 Q2: 49.2% Revenue growth, TTM YoY, FY25 Q3: 20.7% Revenue growth, TTM YoY, FY25 Q4: 3.7% Revenue growth, TTM YoY, FY26 Q1: -8.4% Revenue growth, TTM YoY, FY26 Q2: -8.1% -8.1%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q2 28.4%
FY24 Q3 48.7%
FY24 Q4 72.0%
FY25 Q1 77.7%
FY25 Q2 49.2%
FY25 Q3 20.7%
FY25 Q4 3.7%
FY26 Q1 -8.4%
FY26 Q2 -8.1%
Operating margin (TTM) Atlas Energy Solutions Inc.
-20% 0% 20% 40% 60% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 45.4% Operating margin (TTM), FY23 Q4: 43.2% Operating margin (TTM), FY24 Q1: 35.4% Operating margin (TTM), FY24 Q2: 23.4% Operating margin (TTM), FY24 Q3: 14.3% Operating margin (TTM), FY24 Q4: 10.8% Operating margin (TTM), FY25 Q1: 7.7% Operating margin (TTM), FY25 Q2: 5.9% Operating margin (TTM), FY25 Q3: 3.1% Operating margin (TTM), FY25 Q4: -1.0% Operating margin (TTM), FY26 Q1: -5.5% Operating margin (TTM), FY26 Q2: -8.3% -8.3%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 45.4%
FY23 Q4 43.2%
FY24 Q1 35.4%
FY24 Q2 23.4%
FY24 Q3 14.3%
FY24 Q4 10.8%
FY25 Q1 7.7%
FY25 Q2 5.9%
FY25 Q3 3.1%
FY25 Q4 -1.0%
FY26 Q1 -5.5%
FY26 Q2 -8.3%
FCF margin (TTM) Atlas Energy Solutions Inc.
-30% -20% -10% 0% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -2.8% FCF margin (TTM), FY23 Q4: -10.8% FCF margin (TTM), FY24 Q1: -17.7% FCF margin (TTM), FY24 Q2: -24.2% FCF margin (TTM), FY24 Q3: -15.8% FCF margin (TTM), FY24 Q4: -11.1% FCF margin (TTM), FY25 Q1: -10.5% FCF margin (TTM), FY25 Q2: -1.6% FCF margin (TTM), FY25 Q3: -1.6% FCF margin (TTM), FY25 Q4: -2.8% FCF margin (TTM), FY26 Q1: 1.8% FCF margin (TTM), FY26 Q2: -17.2% -17.2%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -2.8%
FY23 Q4 -10.8%
FY24 Q1 -17.7%
FY24 Q2 -24.2%
FY24 Q3 -15.8%
FY24 Q4 -11.1%
FY25 Q1 -10.5%
FY25 Q2 -1.6%
FY25 Q3 -1.6%
FY25 Q4 -2.8%
FY26 Q1 1.8%
FY26 Q2 -17.2%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 172 483 614 1,056 1,095 1,068
Gross profit 64 256 314 232 151 76
EBITDA 71 259 305 213 149 85
Operating income 47 232 265 114 −11 −88
Net income 4 217 105 60 −50 −118
Diluted EPS — — $1.48 $0.55 −$0.41 −$0.95
Growth (year on year)
Revenue — +180.0% +27.2% +72.0% +3.7% −8.1%
EBITDA — +267.1% +17.5% −30.3% −29.8% −57.9%
Operating income — +393.6% +14.3% −57.0% −109.6% −229.1%
Net income — +>999% −51.4% −43.1% −183.9% —
Diluted EPS — — — −62.8% −174.5% —
Margins
Gross margin 37.2% 53.1% 51.1% 22.0% 13.8% 7.1%
EBITDA margin 41.0% 53.8% 49.7% 20.1% 13.6% 8.0%
Operating margin 27.3% 48.1% 43.2% 10.8% −1.0% −8.3%
Net margin 2.5% 45.0% 17.2% 5.7% −4.6% −11.1%
Free-cash-flow margin 1.2% 24.1% −10.8% −11.1% −2.8% −17.2%
Cash flow
Cash from operations 21 206 299 256 117 55
Capital spending 19 90 365 374 148 239
Free cash flow 2 116 −66 −118 −31 −184
Stock-based pay 0 1 7 22 33 36
Free cash flow after stock pay 2 116 −74 −140 −64 −220
Balance sheet
Total debt — 149 180 511 604 967
Diluted shares — — 71m 109m 122m 124m
Returned to shareholders
Buybacks — — 0 0 0 —
Total returned — — 0 0 0 —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 4 checks passed · June 30, 2026
What it owns · $2.6bn
Short-term assets $479mLonger-term assets $2.1bn
What it owes, and who funded it · $2.6bn
Short-term liabilities $263mLonger-term liabilities $1.2bnShareholders' equity $1.1bn
  • Short-term assets cover short-term liabilities $479m of assets due within a year against $263m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $479m short-term assets against $1.2bn of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Debt is 87% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $55m of operating cash flow against $967m of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Atlas Energy Solutions Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Buybacks, last 3 fiscal years
$200,000
Diluted share count
+6.8%
year over year
Sales & admin spending
13.6%
of revenue
Days sales outstanding
74 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in oil & gas equipment & services
Last 12 months unless stated AESI PUMP NOA TISI FET TDW Median
Revenue, last 12 months $1.1bn $1.2bn $919m $894m $874m $1.3bn $1.2bn
Revenue growth, last 12 months −8.1% −6.0% 8.0% 2.6% 10.6% −1.0% 3.7%
Revenue growth, 3-year average 20.7% −9.2% 26.2% 0.8% 5.5% 19.6% 2.0%
Revenue growth, latest quarter 1.6% 20.9% — −7.8% 20.7% 0.3% 7.3%
Gross margin 7.1% 24.3% 12.6% 24.7% 30.6% −1.9% 21.1%
Operating margin −8.3% 0.5% 8.5% 0.8% 7.4% 18.4% 7.3%
Operating margin, 3-year average 7.0% −3.9% 7.2% 0.5% −0.4% 21.0% 7.2%
Net margin −11.1% 0.2% 2.6% −3.7% 3.5% 18.3% 2.6%
Cash from operations / revenue 5.1% 16.1% 20.6% 1.4% 7.8% 23.1% 11.7%
Free-cash-flow margin −17.2% −7.9% −1.7% 0.1% 7.1% 20.1% 2.0%
Free-cash-flow margin, 3-year average −14.3% 1.1% 1.6% −0.6% 8.1% 18.4% 4.0%
Stock pay / revenue 3.3% 1.7% −0.0% 0.2% 1.2% 1.0% 1.1%
Change in share count 6.8% 21.0% −2.4% 1.5% −6.0% −3.7% 1.0%

Median of all 35 companies we cover in oil & gas equipment & services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

35 oil & gas equipment & services companies
Measure Company Peer median Rank
Revenue growth Growth -8.1% 3.7% 32 of 35
Change in growth rate Growth +0.3pp +1.5pp 22 of 34
Gross margin Profitability 7.1% 21.5% 21 of 21
Operating margin Profitability -8.3% 7.2% 30 of 32
Net margin Profitability -11.1% 2.6% 33 of 35
Free-cash-flow margin Cash generation -17.2% 2.0% 34 of 35
Stock pay as % of revenue Cash generation 3.3% 1.1% 30 of 32
Long-term debt as % of assets Balance sheet 35.8% 22.6% 24 of 32
Change in share count Balance sheet 6.8% 1.0% 25 of 31
Days sales outstanding Balance sheet 74 days 74 days 15 of 26

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Sand Logistics $1B 94.7% ▼ 1.8%
Power $58.6M 5.3% —
Products and services
Line of business Revenue YoY
Services $559M ▲ 3.4%
Products $478M ▼ 7.3%
Rental Revenue $58.6M —
Shortfall Revenues $23.9M ▲ 82.4%

These categories overlap or exclude eliminations, so shares aren't shown.

From Atlas Energy Solutions Inc.'s 10-K filed February 24, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.8B
Institutions reporting
281
Shares held vs prior quarter
▲ 19.7%
Positions opened / closed
72 / 30

Top buyers and sellers, Q2 2026: 164 institutions bought and 103 sold ; the biggest buyer was Two Sigma Investments, LP (+3.2M shares) and the biggest seller Cooperman Leon G (−4.1M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $219M 13.2M 12.5% ▲ 14.6%
Encompass Capital Advisors LLC $109M 6.5M 6.2% ▼ 28.4%
Vanguard Portfolio Management LLC $83.6M 5.0M 4.8% ▲ 3.8%
UBS Group AG $63.8M 3.8M 3.6% ▲ 62.8%
State Street Corp $63.4M 3.8M 3.6% ▲ 13.7%
Vanguard Capital Management LLC $59.1M 3.6M 3.4% ▲ 0.7%
Two Sigma Investments, LP $53.3M 3.2M 3.0% New
Barrow Hanley Mewhinney & Strauss LLC $44M 2.7M 2.5% ▼ 15.8%
Ensign Peak Advisors, Inc $41.7M 2.5M 2.4% New
Voya Investment Management LLC $36.1M 2.2M 2.1% ▲ 16012.1%
Webs Creek Capital Management LP $35M 2.1M 2.0% New
Geode Capital Management, LLC $34.3M 2.1M 2.0% ▲ 10.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Atlas Energy Solutions Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $3.3M 4 trades by 2 insiders · 0% under pre-set plans
Net ▼ $3.3M net selling
Insider Date Trade Shares Price Value
Scholla Chris 10% owner March 6, 2026 Sell 8,912 $11.79 $105,072
Shepard Gregory M 10% owner February 18, 2026 Sell 130,000 $11.98 $1.6M
Shepard Gregory M 10% owner February 17, 2026 Sell 100,000 $11.75 $1.2M
Scholla Chris 10% owner November 18, 2025 Sell 52,150 $8.82 $459,963

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 3 trades and filings

In the last 12 months, 1 member of Congress disclosed 0 purchases and 1 sale of Atlas Energy Solutions Inc. shares.

  • Chip Roy(R-TX 21):Sale (partial), $100,001 - $250,000, traded May 13, 2026, filed June 10, 2026
  • Chip Roy(R-TX 21):Sale (partial), $100,001 - $250,000, traded May 20, 2024, filed June 10, 2024
  • Chip Roy(R-TX 21):Sale (partial), $250,001 - $500,000, traded March 12, 2024, filed April 11, 2024

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 1, 2027 estimated from the company's past filing pattern, not announced

  • November 2, 2026
  • August 3, 2026
  • May 4, 2026
  • April 6, 2026
  • April 1, 2026
  • February 23, 2026

Recent SEC filings

Data status

When each part of this page on Atlas Energy Solutions Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Atlas Energy Solutions Inc. in brief

What does Atlas Energy Solutions Inc. do?
Atlas Energy Solutions Inc. is a US-listed company in the oil & gas equipment & services industry. Its financial year ends in December.
What is Atlas Energy Solutions Inc.'s stock ticker?
Atlas Energy Solutions Inc. trades under the ticker AESI on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Atlas Energy Solutions Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Atlas Energy Solutions Inc. reported revenue of $1.1B, 8.1% lower than a year earlier, according to its SEC filings.
What is Atlas Energy Solutions Inc.'s free cash flow?
Atlas Energy Solutions Inc.'s free-cash-flow margin is -17.2% of revenue over the trailing twelve months, ranking 34 of the 35 oil & gas equipment & services companies we cover.
Who are Atlas Energy Solutions Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Encompass Capital Advisors LLC and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Atlas Energy Solutions Inc.'s market cap?
On November 2, 2026, Atlas Energy Solutions Inc.'s market capitalisation was about $1B and net debt of $0. Market figures come from third-party market data and may be delayed.
How much debt does Atlas Energy Solutions Inc. have?
Atlas Energy Solutions Inc.'s debt-to-equity ratio is 86.9%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Atlas Energy Solutions Inc.'s competitors?
In our Oil & Gas Equipment & Services peer group, the companies closest to Atlas Energy Solutions Inc. are Propetro Holding Corp., North American Construction Group Ltd., Team Inc, Forum Energy Technologies, Inc. and Tidewater Inc. The side-by-side comparison below sets their revenue, margins and growth against Atlas Energy Solutions Inc.'s.
Are insiders buying or selling Atlas Energy Solutions Inc. stock?
Over the last 12 months, Atlas Energy Solutions Inc.'s directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Atlas Energy Solutions Inc.'s next earnings date?
Around February 1, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Atlas Energy Solutions Inc. announces its own schedule.