Stocktoria

ASPEN AEROGELS INC ASPN

NYSE · stock · Wholesale-Lumber & Other Construction Materials · website · IPO 2014-06-13

ASPEN AEROGELS INC (ASPN) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $271.1M at a -143.7% net margin.

Chart by TradingView
19/100
Stocktoria Quality Score · grade D
4/9
Piotroski F — financial health
-10.32
Altman Z″ — distress risk · distress
Dividend yield · no dividend

Quality score trend · recomputed for each fiscal year

Piotroski F /9
1 2 2 4 2 2 2 4 7 4 2016201720182019202020212022202320242025
Altman Z″
-2.75 -6.53 -14.32 -13.87 -13.84 -6.02 1.35 0.55 2.50 -10.32 2016201720182019202020212022202320242025

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$6.15 as of 2026-08-01 · -10.1% 1y
$2.83$8.1452-wk
Market cap USD$467M
Net margin 5y avg-47.3%
Return on equity 5y avg-44%
Beta2.99
Employees854

Analyst price target

$6.35 +3.3% vs last
· 5 analysts
target range $4.00 – $8.00

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Revenue trend · last 10y · up

How it ranks in Wholesale Trade · percentile among 112 companies

Piotroski Fstronger than 32%
Net marginstronger than 10%
Return on equitystronger than 5%
Revenue growthstronger than 7%

Percentile vs other Wholesale Trade companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 4/9 tests passed

Altman Z″ components · distress zone

ComponentValue
Working capital / assets0.443
Retained earnings / assets-2.581
EBIT / assets-0.93
Equity / liabilities1.376

Sector peers · similar-size Wholesale Trade companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
ASPNASPEN AEROGELS INC4/9-10.32-40.1%
CAPSCapstone Holding Corp.2/9-14.93+2.3%
OLOXOLENOX INDUSTRIES INC.3/9-17.39
BCCBOISE CASCADE Co5/96.1121.5-4.8%
QXOQXO, Inc.3/93.11+11925%
MCKMCKESSON CORP6/90.5818.8+12.4%
CAHCARDINAL HEALTH INC6/9-0.0332.5+14.2%

All Wholesale Trade companies →

About ASPEN AEROGELS INC

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.

FAQ

Is ASPN financially healthy?

ASPEN AEROGELS INC's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.

Does ASPN pay a dividend?

No, ASPEN AEROGELS INC does not currently pay a dividend.

How profitable is ASPN?

In FY2025, ASPEN AEROGELS INC had a net margin of -143.7% and a return on equity of -165.4%.

What is the analyst price target for ASPN?

The average Wall-Street price target for ASPEN AEROGELS INC is $6.35, about 3.3% above the recent price, from 5 analysts.

Is ASPN a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on ASPEN AEROGELS INC: a Piotroski F-score of 4/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.