ASTE · Astec Industries Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.41B | $1.31B | $1.34B | $1.27B | $1.10B | $1.02B |
| Cost of Revenue | $1.04B | $977.20M | $1.01B | $1.01B | $845.50M | $784.30M |
| Gross Profit | $374.20M | $327.90M | $330.80M | $264.10M | $251.70M | $240.10M |
| R&D | $26.90M | $23.80M | $22.00M | $31.50M | $26.50M | $22.10M |
| SG&A | $308.70M | $276.10M | $276.40M | $216.10M | $200.60M | $166.90M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $36.30M | $26.80M | $25.60M | $26.90M | $30.20M | $26.90M |
| Operating Income | $65.90M | $23.20M | $48.60M | $7.50M | $22.10M | $43.00M |
| Interest Expense | $18.50M | $10.70M | $8.90M | $2.50M | $1.10M | $700.0K |
| Income Tax | $14.30M | $9.80M | $9.10M | $5.00M | ($1.40M) | ($1.20M) |
| Net Income | $38.80M | $4.30M | $33.50M | ($100.0K) | $17.80M | $46.90M |
| EPS - Basic | $1.70 | $0.19 | $1.47 | $0.00 | $0.78 | $2.08 |
| EPS - Diluted | $1.68 | $0.19 | $1.47 | $0.00 | $0.78 | $2.05 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $72.00M | $90.80M | $63.20M | $66.00M | $134.40M | $158.60M |
| Accounts Receivable | $218.70M | $167.20M | $152.70M | $167.10M | $144.10M | $115.90M |
| Inventory | $466.00M | $422.70M | $455.60M | $393.40M | $303.00M | $249.70M |
| Accounts Payable | $93.50M | $79.20M | $116.90M | $107.20M | $83.50M | $52.70M |
| Current Assets | $816.60M | $722.80M | $719.50M | $696.40M | $641.70M | $565.80M |
| Total Assets | $1.37B | $1.04B | $1.06B | $1.01B | $911.30M | $848.20M |
| Current Liabilities | $328.00M | $271.70M | $299.00M | $274.00M | $225.30M | $170.30M |
| Long-term Debt | $319.60M | $105.00M | $72.00M | $78.10M | $200.0K | $400.0K |
| Total Liabilities | $685.60M | $406.00M | $405.60M | $387.50M | $256.50M | $205.20M |
| Stockholders' Equity | $681.70M | $637.80M | $653.40M | $626.90M | $654.30M | $642.50M |
| Retained Earnings | $568.30M | $541.70M | $549.40M | $527.80M | $552.80M | $545.20M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $61.40M | $23.00M | $27.80M | ($73.90M) | $7.40M | $141.50M |
| Investing Cash Flow | ($287.80M) | ($18.00M) | ($12.90M) | ($53.20M) | ($18.40M) | ($20.90M) |
| Financing Cash Flow | $206.10M | $24.40M | ($18.30M) | $60.10M | ($12.10M) | ($10.40M) |
| CapEx | $40.70M | $20.50M | $34.10M | $40.70M | $20.10M | $15.40M |
| Free Cash Flow | $20.70M | $2.50M | ($6.30M) | ($114.60M) | ($12.70M) | $126.10M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 26.5% | 25.1% | 24.7% | 20.7% | 22.9% | 23.4% |
| Operating margin | 4.7% | 1.8% | 3.6% | 0.6% | 2.0% | 4.2% |
| EBITDA margin | 7.2% | 3.8% | 5.5% | 2.7% | 4.8% | 6.8% |
| Net margin | 2.8% | 0.3% | 2.5% | -0.0% | 1.6% | 4.6% |
| Free cash flow margin | 1.5% | 0.2% | -0.5% | -9.0% | -1.2% | 12.3% |
| FCF / Net income | 0.53 | 0.58 | -0.19 | 1146.00 | -0.71 | 2.69 |
| R&D / Revenue | 1.9% | 1.8% | 1.6% | 2.5% | 2.4% | 2.2% |
| SG&A / Revenue | 21.9% | 21.2% | 20.7% | 17.0% | 18.3% | 16.3% |
| Effective tax rate | 26.9% | 69.5% | 21.4% | 102.0% | -8.5% | -2.6% |
| Return on assets | 2.8% | 0.4% | 3.2% | -0.0% | 2.0% | 5.5% |
| Return on equity | 5.7% | 0.7% | 5.1% | -0.0% | 2.7% | 7.3% |
| Return on invested capital | 4.8% | 1.6% | 5.3% | 0.5% | 3.4% | 6.7% |
| Liquidity | ||||||
| Current ratio | 2.49 | 2.66 | 2.41 | 2.54 | 2.85 | 3.32 |
| Quick ratio | 1.07 | 1.10 | 0.88 | 1.11 | 1.50 | 1.86 |
| Cash ratio | 0.22 | 0.33 | 0.21 | 0.24 | 0.60 | 0.93 |
| Leverage | ||||||
| Debt / Equity | 0.47 | 0.16 | 0.11 | 0.12 | 0.00 | 0.00 |
| Debt / Assets | 0.23 | 0.10 | 0.07 | 0.08 | 0.00 | 0.00 |
| Debt / EBITDA | 3.13 | 2.10 | 0.97 | 2.27 | 0.00 | 0.01 |
| Interest coverage | 3.6x | 2.2x | 5.5x | 3.0x | 20.1x | 61.4x |
| Equity multiplier | 2.01 | 1.64 | 1.62 | 1.62 | 1.39 | 1.32 |
| Liabilities / Assets | 0.50 | 0.39 | 0.38 | 0.38 | 0.28 | 0.24 |
| Efficiency | ||||||
| Asset turnover | 1.03 | 1.25 | 1.26 | 1.26 | 1.20 | 1.21 |
| Inventory turnover | 2.22 | 2.31 | 2.21 | 2.57 | 2.79 | 3.14 |
| Days sales outstanding | 57d | 47d | 42d | 48d | 48d | 41d |
| Days inventory outstanding | 164d | 158d | 165d | 142d | 131d | 116d |
| Days payable outstanding | 33d | 30d | 42d | 39d | 36d | 25d |
| Cash conversion cycle | 188d | 175d | 164d | 151d | 143d | 133d |
| Valuation | ||||||
| P / E | 25.8x | 176.8x | 25.3x | - | 88.8x | 28.2x |
| P / B | 1.5x | 1.2x | 1.3x | 1.5x | 2.4x | 2.1x |
| P / S | 0.7x | 0.6x | 0.6x | 0.7x | 1.4x | 1.3x |
| EV / EBITDA | 12.2x | 15.6x | 11.5x | 27.3x | 27.8x | 16.7x |
| Growth | ||||||
| Revenue growth (YoY) | 8.1% | -2.5% | 5.0% | 16.2% | 7.1% | -12.4% |
| Revenue CAGR (3y) | 3.4% | 6.0% | 9.3% | 2.9% | -1.5% | -4.7% |
| Revenue CAGR (5y) | 6.6% | 2.2% | 3.1% | 1.5% | -0.9% | 0.8% |
| Gross profit growth (YoY) | 14.1% | -0.9% | 25.3% | 4.9% | 4.8% | 0.3% |
| Operating income growth (YoY) | 184.1% | -52.3% | 548.0% | -66.1% | -48.6% | 71.6% |
| Net income growth (YoY) | 802.3% | -87.2% | - | - | -62.0% | 110.3% |
| EPS growth (YoY) | 784.2% | -87.1% | - | - | -62.0% | 109.2% |
| EPS CAGR (3y) | - | -37.5% | -10.5% | - | - | 7.9% |
| EPS CAGR (5y) | -3.9% | -28.0% | - | - | -20.0% | 7.6% |
| FCF growth (YoY) | 728.0% | - | 94.5% | -802.4% | - | 41.6% |
| FCF CAGR (5y) | -30.3% | -51.1% | - | - | - | - |
| Book value growth (YoY) | 6.9% | -2.4% | 4.2% | -4.2% | 1.8% | 6.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.45B totalInfrastructure Group$857.40M · 59.1%
Material Solutions$553.00M · 38.1%
Elimination Of Intersegment Revenues$40.90M · 2.8%
Product / service
$801.50M totalEquipment Sales$510.70M · 63.7%
Parts And Component Sales$231.00M · 28.8%
Service And Equipment Installation Revenue$28.30M · 3.5%
Cargo And Freight$25.70M · 3.2%
Other Revenues$2.50M · 0.3%
Used Equipment Sales$2.30M · 0.3%
Extended Warranty Revenue$1.00M · 0.1%
Geographic
$1.42B totalUS$800.50M · 56.5%
Foreign$280.20M · 19.8%
CA$69.80M · 4.9%
Non Us$56.90M · 4.0%
Australia And Oceana$41.90M · 3.0%
Africa$39.60M · 2.8%
BR$35.90M · 2.5%
Other European Countries$24.60M · 1.7%
South America Excluding Brazil$22.10M · 1.6%
Other Asian Countries$13.50M · 1.0%
MX$9.20M · 0.6%
Japan And South Korea$7.20M · 0.5%
West Indies$5.50M · 0.4%
Middle East$3.60M · 0.3%
Post Soviet States Excluding Russia$3.00M · 0.2%
IN$2.40M · 0.2%
Central America$1.90M · 0.1%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.21
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Construction Machinery & Equip
Comparing ASTEC INDUSTRIES INC against the 5 most active filers in the same SIC group.
Dividends
$0.52/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 13, 2026 | $0.1300 |
| Mar 9, 2026 | $0.1300 |
| Nov 10, 2025 | $0.1300 |
| Aug 11, 2025 | $0.1300 |
| May 13, 2025 | $0.1300 |
| Mar 10, 2025 | $0.1300 |
| Nov 13, 2024 | $0.1300 |
| Aug 12, 2024 | $0.1300 |
| May 10, 2024 | $0.1300 |
| Mar 8, 2024 | $0.1300 |
| Nov 9, 2023 | $0.1300 |
| Aug 10, 2023 | $0.1300 |
| May 11, 2023 | $0.1300 |
| Mar 9, 2023 | $0.1300 |
| Nov 10, 2022 | $0.1300 |
| Aug 11, 2022 | $0.1200 |
| May 12, 2022 | $0.1200 |
| Mar 9, 2022 | $0.1200 |
| Nov 9, 2021 | $0.1200 |
| Aug 10, 2021 | $0.1100 |
| May 10, 2021 | $0.1100 |
| Mar 10, 2021 | $0.1100 |
| Nov 12, 2020 | $0.1100 |
| Aug 28, 2020 | $0.1100 |