Market cap
$461 Mln
Revenue (TTM)
$202 Mln
P/E Ratio
--
P/B Ratio
2.4
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 31.58 | -36.11 | -49.12 | 2.07 | 13.57 |
| EBIT | 26.65 | -285.53 | 59.82 | -37.88 | -221.84 |
| Net Profit | 1.80 | -156.89 | 59.54 | -38.46 | -223.56 |
| EPS | 1.98 | -154.68 | 59.99 | -2.83 | -17.83 |
| Book Value | -- | -- | -61.53 | -32.08 | 2.58 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 693.55 | 402.78 | -59.40 | 2,091.64 | 5.97 |
| Net Margin
| -- | -22.24 | -62.45 | -- | -- |
| Return on equity
| -33.00 | -28.06 | -58.98 | -91.64 | 2.43 |
| Return on Capital
| -23.74 | -21.41 | -- | -65.40 | 1.86 |
| Return on Assets
| -21.66 | -18.77 | -23.06 | -59.85 | 1.67 |
| Debt to Equity (x)
| -- | -- | 0.35 | 0.61 | 0.32 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
--
|
-65.40
|
1.86
|
-7.68
|
-10.44
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-58.98
Lower than Peers by 75.38
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
-58.98
|
-91.64
|
2.43
|
-9.79
|
-12.88
|
|
Peer Median
|
16.40
|
--
|
--
|
--
|
--
|
ROA
-23.06
Lower than Peers by 29.11
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
-23.06
|
-59.85
|
1.67
|
-6.80
|
-8.98
|
|
Peer Median
|
6.06
|
--
|
--
|
--
|
--
|
EBIT Margin
-59.40
Lower than Peers by 67.84
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
-59.40
|
2,091.64
|
5.97
|
-16.96
|
-33.38
|
|
Peer Median
|
8.44
|
--
|
--
|
--
|
--
|
Net Margin
-62.45
Lower than Peers by 68.49
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
-62.45
|
-143.69
|
2.95
|
-19.19
|
-30.50
|
|
Peer Median
|
6.04
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-49.12
Lower than Peers by 56.20
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
-49.12
|
-0.40
|
0.90
|
0.96
|
--
|
|
Peer Median
|
7.08
|
--
|
--
|
--
|
--
|
EBIT Growth
59.82
Higher than Peers by 50.48
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
59.82
|
20,864.60
|
166.81
|
0.29
|
--
|
|
Peer Median
|
9.34
|
--
|
--
|
--
|
--
|
Net Profit Growth
59.54
Higher than Peers by 46.30
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
59.54
|
-3,012.54
|
129.20
|
-23.50
|
-33.03
|
|
Peer Median
|
13.24
|
--
|
--
|
--
|
--
|
EPS Growth
59.99
Higher than Peers by 32.66
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
59.99
|
-30.24
|
1.25
|
0.13
|
0.12
|
|
Peer Median
|
27.33
|
--
|
--
|
--
|
--
|
Book Value Growth
-38.20
Lower than Peers by 52.23
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
-38.20
|
--
|
--
|
--
|
--
|
|
Peer Median
|
14.02
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.35
Lower than Peers by 0.15
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
0.35
|
0.61
|
0.32
|
0.28
|
0.27
|
|
Peer Median
|
0.50
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.23
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
0.23
|
0.15
|
0.04
|
0.00
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.52
Higher than Peers by 0.87
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
2.52
|
3.90
|
3.72
|
3.41
|
4.68
|
|
Peer Median
|
1.65
|
--
|
--
|
--
|
--
|
Quick Ratio
2.24
Higher than Peers by 0.92
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
2.24
|
3.29
|
3.29
|
2.91
|
4.40
|
|
Peer Median
|
1.31
|
--
|
--
|
--
|
--
|
Interest Coverage
-9.80
Lower than Peers by 18.98
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
-9.80
|
0.94
|
2.26
|
-7.60
|
-177.29
|
|
Peer Median
|
9.18
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
19.93
Higher than Peers by 1.64
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
19.93
|
13.01
|
24.10
|
29.32
|
47.15
|
|
Peer Median
|
18.29
|
--
|
--
|
--
|
--
|
Asset Turnover
0.37
Lower than Peers by 0.55
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
0.37
|
0.42
|
0.57
|
0.35
|
0.29
|
|
Peer Median
|
0.92
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
--
|
97.26
|
72.25
|
97.42
|
116.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
--
|
69.61
|
58.71
|
62.01
|
56.45
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
--
|
46.73
|
64.61
|
106.30
|
118.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
--
|
120.13
|
66.35
|
53.13
|
55.23
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
--
|
-0.60
|
73.72
|
-24.12
|
-15.64
|
|
Peer Median
|
25.15
|
--
|
--
|
--
|
--
|
Price / Book Value
2.45
Lower than Peers by 2.00
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
2.45
|
0.99
|
1.60
|
2.26
|
1.30
|
|
Peer Median
|
4.45
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.22
|
--
|
--
|
--
|
--
|
EV/EBITDA
65.37
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
65.37
|
0.04
|
18.70
|
-49.49
|
-10.73
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
461
Lower than Peers by 206
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Aspen Aerogels (ASPN)
|
461
|
--
|
--
|
--
|
--
|
|
Peer Median
|
667
|
--
|
--
|
--
|
--
|