Astronics Corporation

Astronics Corporation

ATRO · NASDAQ · Industrials / Aerospace & Defense

58.96USD-1.35 (-2.24%)

Price History

Full chart

Market Stats

Previous Close60.31
Open60.50
Day Range56.66 – 61.38
52-Week Range33.12 – 94.46
Volume928.10K
Market Cap2.97B
P/E (TTM)37.99
Forward P/E27.17
EPS1.82
Dividend Yield0.00%
Beta1.20
50-Day Avg74.03
200-Day Avg63.85

About

Astronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe, South America, and internationally. It operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, systems certification, and other products. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial transport, military, and general aviation markets; suppliers to OEMs; and aircraft operators, such as airlines; suppliers to the aircraft operators; and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace and defense, communications, and mass transit industries, as well as training and simulation devices for commercial and military applications. This segment serves OEMs and prime government contractors for electronics and military products. The company was incorporated in 1968 and is headquartered in East Aurora, New York.

Company Details

  • SectorIndustrials
  • IndustryAerospace & Defense
  • CEOMr. Peter J. Gundermann
  • Employees2.70K
  • Headquarters130 Commerce Way, East Aurora, NY, United States, 14052, USA
  • Websitehttps://www.astronics.com

Leadership

  • Mr. Peter J. GundermannChairman, CEO & President · b. 1963
  • Ms. Nancy L. HedgesVP, CFO, Treasurer & Principal Accounting Officer · b. 1974
  • Mr. Mark A. PeabodyExecutive VP & President of Aerospace Segment · b. 1959
  • Mr. James F. MulatoExecutive Vice President · b. 1961
  • Ms. Julie M. DavisGeneral Counsel & Secretary
  • Mr. James S. KramerExecutive VP & President of Luminescent Systems Inc. · b. 1964
  • Mr. Michael C. KuehnExecutive VP and President of Astronics Connectivity Systems & Certification Corp. · b. 1961

Financials

Income Statement

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue17.10M17.50M21.90M22.10M23.60M25.50M23.70M24.00M24.90M28.50M38.40M41.00M46.10M50.60M71.97M85.38M42.94M33.18M34.70M75.35M110.77M158.24M173.72M191.20M51.82M228.16M266.45M339.94M661.04M692.28M633.12M624.46M803.26M772.70M502.59M444.91M534.89M689.21M795.43M862.13M
Growth (%)-+2.34%+25.14%+0.91%+6.79%+8.05%-7.06%+1.27%+3.75%+14.46%+34.74%+6.77%+12.44%+9.76%+42.23%+18.63%-49.71%-22.72%+4.56%+117.18%+47.00%+42.86%+9.78%+10.06%-72.90%+340.27%+16.78%+27.58%+94.46%+4.73%-8.55%-1.37%+28.63%-3.80%-34.96%-11.48%+20.23%+28.85%+15.41%+8.39%
Cost of Revenue9.20M10.10M14.00M15.90M14.60M15.80M14.50M13.70M15.00M17.40M24.70M24.70M28.10M32.40M48.52M64.03M30.69M26.44M30.09M59.85M87.52M117.37M143.25M153.93M39.38M167.67M197.00M252.08M494.00M504.34M473.66M487.35M622.56M616.56M405.74M379.55M463.35M568.41M627.08M603.97M
Gross Profit7.90M7.40M7.90M6.20M9.00M9.70M9.20M10.30M9.90M11.10M13.70M16.30M18.00M18.20M23.45M21.34M12.25M6.74M4.61M15.50M23.25M40.87M30.47M37.27M12.44M60.50M69.44M87.86M167.04M187.94M159.47M137.11M180.70M156.14M96.84M65.36M71.54M120.80M168.34M258.16M
Gross Margin46.20%42.29%36.07%28.05%38.14%38.04%38.82%42.92%39.76%38.95%35.68%39.76%39.05%35.97%32.58%25.00%28.53%20.32%13.28%20.57%20.99%25.83%17.54%19.49%24.01%26.51%26.06%25.85%25.27%27.15%25.19%21.96%22.50%20.21%19.27%14.69%13.37%17.53%21.16%29.94%
Operating Expense5.60M6.00M7.00M7.70M6.80M6.50M6.30M7.00M7.40M7.70M10.60M10.30M10.90M11.10M13.84M10.87M5.61M5.49M5.48M10.25M13.58M16.41M17.42M43.49M6.03M29.68M36.82M45.55M79.68M89.14M86.33M106.75M117.03M154.44M197.54M94.04M101.58M127.47M141.88M181.75M
Operating Income2.30M1.40M900.00K-1.50M2.20M3.20M2.90M3.30M2.50M3.40M3.10M6.00M7.10M7.10M9.61M10.47M6.64M1.25M-868.00K5.25M9.67M24.46M13.05M-6.22M6.42M30.82M32.63M42.30M87.36M98.80M73.14M30.36M63.66M1.70M-100.70M-28.67M-30.04M-6.67M26.47M76.41M
Operating Margin13.45%8.00%4.11%-6.79%9.32%12.55%12.24%13.75%10.04%11.93%8.07%14.63%15.40%14.03%13.35%12.26%15.46%3.76%-2.50%6.97%8.73%15.46%7.51%-3.25%12.38%13.51%12.24%12.44%13.22%14.27%11.55%4.86%7.93%0.22%-20.04%-6.44%-5.62%-0.97%3.33%8.86%
EBITDA3.60M2.80M2.50M300.00K4.00M5.00M4.80M5.80M5.00M6.00M5.70M8.80M10.20M10.80M13.86M14.92M7.91M2.46M405.00K7.35M12.60M27.86M17.14M2.15M29.26M38.26M39.53M53.36M114.62M124.11M98.93M30.36M98.69M45.83M18.17M-4.68M-2.02M-207.00K16.60M66.34M
EBITDA Margin21.05%16.00%11.42%1.36%16.95%19.61%20.25%24.17%20.08%21.05%14.84%21.46%22.13%21.34%19.25%17.47%18.41%7.42%1.17%9.75%11.37%17.60%9.87%1.12%56.46%16.77%14.84%15.70%17.34%17.93%15.63%4.86%12.29%5.93%3.62%-1.05%-0.38%-0.03%2.09%7.70%
Net Income1.00M-300.00K1.20M-2.00M400.00K1.20M400.00K1.20M1.30M1.80M2.70M3.60M4.30M4.80M6.09M6.50M4.55M1.11M-734.00K2.65M5.74M15.39M8.36M-3.80M4.47M21.59M21.87M27.27M56.17M66.97M48.42M19.68M46.80M52.02M-115.78M-25.58M-35.75M-26.42M-16.21M29.36M
Net Income Margin5.85%-1.71%5.48%-9.05%1.69%4.71%1.69%5.00%5.22%6.32%7.03%8.78%9.33%9.49%8.47%7.61%10.60%3.35%-2.12%3.52%5.18%9.73%4.81%-1.99%8.63%9.46%8.21%8.02%8.50%9.67%7.65%3.15%5.83%6.73%-23.04%-5.75%-6.68%-3.83%-2.04%3.41%
R&D-------------------8.90M10.90M14.80M22.90M27.00M28.30M36.10M44.90M52.80M76.70M90.10M90.20M95.00M114.30M108.90M86.80M85.30M48.30M53.50M52.09M43.48M
R&D as % of Total Revenue-------------------11.81%9.84%9.35%13.18%14.12%54.61%15.82%16.85%15.53%11.60%13.01%14.25%15.21%14.23%14.09%17.27%19.17%9.03%7.76%6.55%5.04%
Interest Expense1.00M01.20M1.50M1.30M1.40M1.10M900.00K500.00K500.00K800.00K0400.00K0678.00K520.00K223.00K390.00K409.00K764.00K911.00K1.42M706.00K2.56M2.58M1.91M1.04M4.09M8.26M4.75M4.35M5.37M9.71M6.14M6.74M6.80M9.42M23.33M22.00M12.56M
Interest Expense % of Total Revenue5.85%0.00%5.48%6.79%5.51%5.49%4.64%3.75%2.01%1.75%2.08%0.00%0.87%0.00%0.94%0.61%0.52%1.18%1.18%1.01%0.82%0.90%0.41%1.34%4.98%0.84%0.39%1.20%1.25%0.69%0.69%0.86%1.21%0.79%1.34%1.53%1.76%3.38%2.77%1.46%

Balance Sheet

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets30.30M26.80M26.90M24.10M24.70M25.30M24.70M24.80M23.80M30.80M29.90M30.20M43.70M59.90M67.02M71.05M67.35M45.47M45.24M65.86M82.54M104.12M104.67M138.71M150.89M174.91M211.99M491.27M562.91M609.24M604.34M735.96M774.64M782.72M619.75M609.14M615.03M649.00M648.76M706.68M
Total Liabilities22.10M18.40M18.80M18.00M18.30M17.50M16.50M15.40M13.50M19.10M15.10M12.00M21.00M32.10M32.83M30.38M24.41M22.53M22.58M40.02M51.19M54.89M46.42M78.60M73.67M72.04M86.86M319.76M334.73M309.02M266.89M406.03M388.01M393.86M349.37M352.53M375.11M399.48M392.67M566.60M
Total Equity8.20M8.40M8.10M6.10M6.40M7.80M8.20M9.40M10.30M11.70M14.80M18.20M22.70M27.80M34.19M40.67M42.94M22.94M22.66M25.83M31.35M49.23M58.26M60.11M77.22M102.86M125.13M171.51M228.18M300.23M337.45M329.93M386.63M388.86M270.37M256.60M239.92M249.52M256.10M140.07M
Cash12.20M8.30M2.10M700.00K1.50M3.80M4.00M3.50M3.50M800.00K1.10M700.00K500.00K1.20M45.00K9.18M7.72M11.81M8.48M4.47M222.00K2.82M3.04M14.95M22.71M10.92M7.38M54.63M21.20M18.56M17.90M17.91M16.62M31.91M40.41M29.76M13.78M11.31M9.29M18.18M
Total Debt19.10M15.90M15.50M15.00M14.30M13.60M12.70M11.30M9.20M14.00M7.60M4.50M12.50M16.80M19.02M15.82M13.98M13.38M12.06M18.22M18.45M22.93M14.45M44.78M38.58M33.26M29.98M200.32M183.01M169.79M148.12M271.77M238.76M218.48M178.00M169.78M178.41M197.88M193.87M378.35M
Net Debt6.90M7.60M13.40M14.30M12.80M9.80M8.70M7.80M5.70M13.20M6.50M3.80M12.00M15.60M18.98M6.64M6.26M1.57M3.59M13.74M18.23M20.12M11.41M29.83M15.87M22.34M22.60M145.69M161.81M151.23M130.22M253.85M222.13M186.57M132.59M133.24M164.63M186.57M184.59M360.17M

Cash Flow

Currency: USD1985-12-311986-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow800.00K1.00M-100.00K2.00M3.80M2.40M4.70M3.40M5.60M8.10M6.10M6.30M10.10M2.21M12.69M3.73M1.92M-11.00K4.60M-47.00K8.60M11.51M31.09M16.50M27.91M24.18M49.55M99.87M78.50M48.85M37.78M54.88M42.69M37.34M-5.53M-28.31M-23.95M30.57M74.80M
Investing Cash Flow----1.00M-500.00K-800.00K-1.40M-3.80M-1.00M-12.80M-1.80M-3.10M-10.20M-15.10M-7.69M-2.50M-713.00K-704.00K-2.42M-15.04M-5.46M-10.34M-4.57M-42.70M-3.61M-38.13M-27.38M-166.63M-109.12M-73.59M-14.62M-129.56M-19.67M64.63M-5.80M3.18M14.39M-4.11M-8.43M-53.75M
Financing Cash Flow----600.00K-600.00K-700.00K-800.00K-1.40M-2.40M4.40M-5.90M-3.30M3.60M5.60M4.37M-1.06M-4.46M2.80M-764.00K6.45M1.26M4.33M-6.71M23.52M-5.13M-1.56M-341.00K164.25M-23.11M-6.72M-34.81M91.42M-36.13M-92.18M-24.58M-7.50M-1.41M25.43M-14.53M-22.39M
Capital Expenditure000900.00K400.00K900.00K1.10M3.30M1.60M6.10M4.00M3.10M9.70M14.60M3.98M271.00K397.00K420.00K1.14M2.50M5.40M9.59M4.33M2.47M3.57M14.28M16.72M6.87M40.88M18.64M13.04M13.48M16.32M12.08M7.46M6.03M7.67M7.64M8.43M31.67M
Free Cash Flow800.00K1.00M--800.00K1.60M2.90M1.30M1.40M1.80M-500.00K4.10M3.00M-3.40M-4.50M-1.77M12.42M3.33M1.50M-1.15M2.10M-5.45M-991.00K7.18M28.62M12.94M13.63M7.46M42.68M58.99M59.86M35.82M24.30M38.56M30.61M29.88M-11.56M-35.99M-31.59M22.14M43.12M
Dividends Paid---------------12.00K---------0000000--------
FCF to OCF100.00%100.00%--800.00%80.00%76.32%54.17%29.79%52.94%-8.93%50.62%49.18%-53.97%-44.55%-80.22%97.86%89.36%78.15%10427.27%45.73%11589.36%-11.52%62.41%92.07%78.38%48.83%30.85%86.14%59.07%76.25%73.31%64.33%70.27%71.70%80.02%209.11%127.11%131.91%72.43%57.65%
Dividend Paid to FCF---------------0.10%---------0.00%0.00%0.00%0.00%0.00%0.00%0.00%--------

Earnings

Report DateMar 31, 2000Mar 31, 2001Mar 31, 2003Jan 29, 2004Apr 28, 2004Jul 22, 2004Oct 28, 2004Feb 10, 2005Apr 27, 2005Aug 4, 2005Nov 8, 2005Feb 9, 2006May 11, 2006Aug 3, 2006Nov 9, 2006Mar 13, 2007May 8, 2007Aug 2, 2007Nov 2, 2007Feb 14, 2008May 1, 2008Aug 1, 2008Oct 30, 2008Feb 12, 2009May 4, 2009Jul 30, 2009Nov 5, 2009Feb 9, 2010May 5, 2010Jul 29, 2010Nov 4, 2010Feb 8, 2011May 4, 2011Aug 9, 2011Nov 3, 2011Feb 6, 2012May 1, 2012Aug 7, 2012Nov 6, 2012Feb 5, 2013May 6, 2013Jul 31, 2013Nov 5, 2013Feb 13, 2014May 7, 2014Jul 30, 2014Nov 4, 2014Feb 19, 2015May 12, 2015Aug 5, 2015Nov 10, 2015Feb 17, 2016May 4, 2016Aug 3, 2016Nov 8, 2016Feb 17, 2017May 4, 2017Aug 2, 2017Nov 7, 2017Feb 26, 2018May 9, 2018Aug 3, 2018Nov 5, 2018Feb 21, 2019May 8, 2019Aug 5, 2019Nov 5, 2019Feb 26, 2020May 6, 2020Jul 31, 2020Oct 30, 2020Feb 23, 2021May 6, 2021Aug 6, 2021Nov 8, 2021Mar 2, 2022May 6, 2022Aug 10, 2022Nov 15, 2022Mar 2, 2023May 9, 2023Aug 3, 2023Nov 8, 2023Feb 28, 2024May 2, 2024Aug 1, 2024Nov 6, 2024Feb 26, 2025May 6, 2025Aug 6, 2025Nov 4, 2025Feb 24, 2026May 12, 2026Aug 11, 2026Nov 3, 2026
EPS Estimate----------------0.080.090.100.120.160.120.150.120.110.080.050.030.030.080.100.120.120.160.150.160.170.170.170.150.160.170.170.200.250.240.420.360.400.370.570.370.320.300.350.450.250.300.250.450.260.290.400.360.280.300.20-0.84-0.05-0.20-0.17-0.11-0.10-0.15-0.13-0.070.07-0.20-0.33-0.18-0.14-0.030.060.220.050.140.200.280.250.320.350.500.470.610.76
EPS Actual0.170.180.070.070.030.01-0.05-0.080.080.020.100.130.150.240.230.100.210.200.180.090.120.230.080.170.050.050.090.100.120.080.160.150.170.150.200.200.180.150.130.140.210.150.180.160.320.470.430.460.270.430.600.360.280.360.300.330.280.190.150.420.080.360.430.370.400.160.030.160.06-0.14-0.14-0.65-0.32-0.28-0.21-0.23-0.10-0.25-0.26-0.21-0.25-0.17-0.110.200.070.160.290.480.370.320.410.630.490.70-
Surprise----------------162.50%122.22%80.00%-25.00%-25.00%91.67%-46.67%41.67%-54.55%-37.50%80.00%233.33%300.00%0.00%60.00%25.00%41.67%-6.25%33.33%25.00%5.88%-11.76%-23.53%-6.67%31.25%-11.76%5.88%-20.00%28.00%95.83%2.38%27.78%-32.50%16.22%5.26%-2.70%-12.50%20.00%-14.29%-26.67%12.00%-36.67%-40.00%-6.67%-69.23%24.14%7.50%2.78%42.86%-46.67%-85.00%119.05%220.00%30.00%17.65%-490.91%-220.00%-86.67%-61.54%-228.57%-242.86%-25.00%21.21%-16.67%-78.57%-466.67%-283.33%-9.09%40.00%14.29%45.00%73.78%48.00%0.00%17.14%26.00%4.26%14.75%-
Timing----------------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap2.97B
Enterprise Value3.32B
Trailing P/E37.99
Forward P/E27.17
PEG Ratio1.46
Price / Sales3.16
Price / Book14.09
EPS1.82
Book Value4.61
Revenue (TTM)942.09M
Gross Profit (TTM)304.51M
EBITDA148.76M
Profit Margin8.40%
Operating Margin14.80%
Return on Equity33.68%
Return on Assets11.16%
Shares Outstanding36.11M
Shares Float40.33M
Beta1.20
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 3 analystsTarget 100.50
  • Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
90.08%
Insiders
1.93%
Retail / Other
7.99%

Top Institutional Holders

  • BlackRock Inc
    2.83M6.57%
  • State Street Corp
    2.35M5.46%
  • American Century Companies Inc
    1.44M3.34%
  • Vanguard Capital Management, LLC
    1.39M3.23%
  • Capital Research & Mgmt Co - Division 3
    1.32M3.08%
  • Pertento Partners LLP
    993.64K2.31%
  • Geode Capital Management, LLC
    887.03K2.06%
  • Next Century Growth Investors LLC
    743.09K1.73%
  • Dimensional Fund Advisors, Inc.
    676.93K1.57%
  • Capital World Investors
    576.67K1.34%
  • Point72 Asset Management, L.P.
    567.24K1.32%
  • Emerald Advisers, LLC
    513.98K1.20%
  • The Goldman Sachs Group Inc
    455.05K1.06%
  • Ameriprise Financial Inc
    450.67K1.05%
  • Morgan Stanley - Brokerage Accounts
    447.54K1.04%

Top Fund Holders

  • American Funds SMALLCAP World A
    1.85M4.30%
  • Stt Strt® SPDR® S&P® Arspc & Dfnc ETF
    1.66M3.85%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.16M2.69%
  • iShares Russell 2000 ETF
    825.07K1.92%
  • American Century Small Cap Growth Inv
    768.49K1.79%

Dividends

20121×
1.34Oct 25, 2012
20081×
1.63Oct 2, 2008
20031×
0.88Mar 17, 2003
20011×
1.13Nov 14, 2001
20001×
0.27Oct 13, 2000
19951×
0.00Jan 25, 1995
19941×
0.00Jan 25, 1994
19891×
0.01Apr 28, 1989
19882×
0.01Nov 1, 19880.01May 2, 1988
19872×
0.01Nov 2, 19870.00May 1, 1987
19862×
0.00Nov 3, 19860.01May 6, 1986
19852×
0.01Nov 4, 19850.00Apr 30, 1985
19842×
0.00Oct 30, 19840.00May 8, 1984

Stock Splits

  • Jun 15, 20261253:1000
  • Oct 11, 20181182:1000
  • Oct 6, 2016115:100
  • Oct 6, 2015115:100
  • Sep 3, 20141202:1000
  • Oct 8, 20131249:1000
  • Oct 25, 2012115:100
  • Oct 14, 199811:10
  • Oct 1, 19965:4
  • May 26, 19875:4
  • May 27, 19865:4
  • May 28, 19855:4
  • May 29, 19845:4
  • Jun 13, 19835:4