ADES Holding Company Financials: Revenue, Profit, Balance Sheet & Cash Flow

ADES Holding Company Score & Ratio Trend

Date	Score	P/E	P/B	D/E	Price
Oct 2026	19,810	20.6	2.37	3.03	374.70

Line Item	Jun 2026	Mar 2026	Dec 2025	Jun 2025
Revenue	2,153,329,000.0	2,390,736,000.0	1,986,061,000.0	1,578,826,000.0
Net Profit	128,531,000.0	236,442,000.0	220,685,000.0	188,603,000.0
EPS	0.1	0.2	—	0.2

Line Item	Dec 2025	Dec 2024	Dec 2023
Revenue	6,688,959,000.0	6,199,022,000.0	4,331,903,000.0
Net Profit	818,016,000.0	802,498,000.0	442,097,000.0
EPS	0.7	0.7	0.6

Line Item	Dec 2025	Dec 2024	Dec 2023
Total Assets	31,411,709,000.0	21,628,690,000.0	19,422,452,000.0
Total Liabilities	24,598,715,000.0	15,090,706,000.0	13,645,545,000.0
Total Equity	6,780,163,000.0	6,492,791,000.0	5,748,240,000.0

What it owns — Dec 2025

Cash & short-term investments 7.8%Receivables 5.4%Inventory 3.0%Fixed assets (tangible) 81.2%Other assets 2.5%

How it's funded — Dec 2025

Short-term debt 7.3%Long-term debt 57.2%Payables 6.8%Other liabilities 7.1%Shareholders' equity 21.7%

Line Item	Dec 2025	Dec 2024	Dec 2023
Assets
Cash & short-term investments	2,458.4	847.1	432.3
Receivables	1,690.8	533.6	524.7
Inventory	947.5	527.3	331.9
Fixed assets (tangible)	25,491.9	18,061.8	16,793.4
Intangible assets	6.2	4.0	0.4
Long-term investments	34.0	25.4	0.0
Other assets	782.9	1,629.6	1,339.8
Liabilities & equity
Short-term debt	2,290.2	1,331.3	1,180.1
Long-term debt	17,959.5	10,725.4	9,169.6
Payables	2,134.0	736.6	1,639.1
Other liabilities	2,215.1	2,297.4	1,656.7
Shareholders' equity	6,813.0	6,538.0	5,776.9
Net tangible assets	6,774.0	6,488.8	5,747.9

Line Item	Dec 2025	Dec 2024	Dec 2023
Operating Activities	2,980,723,000.0	2,995,912,000.0	2,282,704,000.0
Investing Activities	-2,732,219,000.0	-3,182,435,000.0	-3,736,485,000.0
Financing Activities	1,465,758,000.0	498,428,000.0	1,886,063,000.0