Company Overview
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.
Why Investors Should Care
Generates a return on equity of 21.2%, reflecting efficient use of shareholder capital.
Revenue has grown at a 10.6% CAGR over the past five years.
Recent Developments
- Dec 2025 Revenue of $862.13M (+8.4% YoY); net profit $29.36M.
- Trailing 12 Months Year-on-year growth — revenue +12.0%, earnings +154.3%.
- 5-Year Trend Long-term compounding — revenue CAGR 10.6%, profit CAGR -10.8%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 10.56% |
| 1 Year: | 12.00% |
Compounded Profit Growth
| 5 Years: | -10.81% |
| 1 Year: | 154.30% |
Stock Price Performance
| 1 Year: | +153.72% |
| 6 Months: | +37.23% |
| 3 Months: | +22.13% |
| 1 Month: | -4.24% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)47.16 · Neutral
P/E of 71.03 is above the sector median of 30.17 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 21.2%.
- Compounding revenue at 10.6% over 5 years.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 71.0.
- Earnings shrank at -10.8% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ATRO Astronics Corporation R2K | 72.45 | 71.03 | $2.79B | 0.00% | 13.51% | 21.18% | 10.56% | -10.81% |
| 2 | CAT Caterpillar Inc. SPX | 933.34 | 46.39 | $429.89B | 0.72% | 17.98% | 51.33% | 2.29% | 5.24% |
| 3 | GE GE Aerospace SPX | 353.73 | 43.94 | $369.06B | 0.56% | 11.89% | 45.43% | 16.32% | 195.89% |
| 4 | GEV GE Vernova Inc. SPXAI | 1,066.01 | 31.13 | $286.46B | 0.21% | 6.30% | 75.71% | 8.68% | - |
| 5 | RTX RTX Corporation SPX | 193.39 | 36.35 | $260.44B | 1.51% | 8.28% | 11.57% | 2.61% | 2.62% |
| 6 | UNP Union Pacific Corporation SPX | 288.30 | 23.71 | $171.17B | 2.02% | 15.22% | 40.69% | 2.30% | 7.77% |
| 7 | BA The Boeing Company SPX | 217.11 | 86.15 | $171.15B | 0.00% | -9.01% | - | 1.67% | -3.28% |
| 8 | ETN Eaton Corporation plc SPXAI | 415.52 | 40.66 | $161.35B | 1.12% | 11.53% | 20.84% | 4.73% | 10.38% |
| 9 | DE Deere & Company SPX | 584.40 | 33.07 | $157.85B | 1.12% | - | 18.35% | 3.43% | 5.10% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Oct 2016 | Dec 2016 | Apr 2017 | Jul 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Apr 2021 | Jul 2021 | Oct 2021 | Dec 2021 | Apr 2022 | Jul 2022 | Oct 2022 | Dec 2022 | Apr 2023 | Jul 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | 152.40M | 151.11M | 149.64M | - | 179.06M | 208.61M | 212.67M | 202.92M | 208.17M | 189.10M | 177.02M | 198.41M | 157.58M | 123.69M | 106.51M | 114.80M | 105.86M | 111.16M | 111.84M | 116.05M | 116.18M | 129.13M | 131.44M | 158.15M | 156.54M | 174.45M | 162.92M | 195.29M | 185.07M | 198.11M | - | - | 205.94M | 204.68M | 211.45M | 240.07M | 230.62M | 230.62M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 145.09M | 151.85M | 146.94M | 160.10M | 155.49M | - |
| Gross Profit | 38.66M | 36.49M | 38.32M | 34.15M | 32.49M | 32.15M | 37.13M | 49.57M | 46.32M | 47.67M | 52.08M | 40.36M | 36.79M | 26.91M | 35.72M | 26.83M | 15.17M | 19.12M | 14.27M | 15.39M | 17.23M | 18.46M | 19.93M | 15.71M | 14.39M | 21.51M | 27.51M | 32.70M | 20.62M | 39.97M | 47.51M | 55.57M | - | - | 60.85M | 52.83M | 64.51M | 79.97M | 75.13M | 75.13M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 47.71M | 48.07M | 41.46M | 44.51M | 47.90M | - |
| Operating Income | 17.52M | - | 16.93M | 12.06M | 10.39M | - | 6.63M | 20.13M | 18.34M | - | 22.88M | 10.57M | 5.10M | - | -67.56M | -18.68M | -9.00M | - | -9.51M | -5.92M | -4.50M | - | -4.17M | -8.40M | -14.31M | - | -2.37M | 2.40M | -14.48M | - | 1.67M | 7.55M | - | - | 13.14M | 4.76M | 23.05M | 35.46M | 27.23M | 27.23M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.73M | 10.14M | 28.22M | 41.17M | 33.12M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.15M | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10.17M | 1.85M | -12.32M | 32.24M | 24.79M | - |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 646.00K | 537.00K | -1.23M | 2.63M | -755.00K | - |
| Net Income | 12.07M | 9.88M | 11.59M | 7.68M | 6.06M | -5.65M | 3.29M | 14.03M | 17.00M | 12.48M | 78.15M | 6.73M | 1.21M | -34.06M | -66.96M | -23.58M | -5.25M | -19.98M | -11.91M | -8.10M | -7.17M | 1.60M | -3.10M | -11.01M | -14.86M | -6.78M | -4.42M | -12.00M | -16.98M | 6.98M | -3.18M | 1.53M | - | - | 9.53M | 1.31M | -11.10M | 29.61M | 25.54M | 25.54M |
| Diluted EPS | 0.41 | 0.33 | 0.33 | 0.22 | 0.18 | -0.18 | 0.10 | 0.42 | 0.52 | 0.37 | 2.35 | 0.20 | 0.04 | -1.10 | -2.17 | -0.77 | -0.17 | -0.65 | -0.39 | -0.26 | -0.23 | 0.05 | -0.10 | -0.34 | -0.46 | -0.21 | -0.14 | -0.37 | -0.51 | 0.20 | -0.09 | 0.04 | - | - | 0.26 | 0.04 | -0.31 | 0.78 | 0.67 | 0.67 |
| R&D Expense | 21.60M | - | 22.90M | 23.00M | 23.70M | - | 28.90M | 28.90M | 31.20M | - | 26.70M | 27.70M | 25.60M | - | 26.20M | 22.40M | 16.40M | - | 10.30M | 10.30M | 11.30M | - | 12.20M | 12.60M | 12.00M | - | 12.70M | 12.70M | 14.10M | - | 13.32M | 14.21M | 12.48M | - | 11.07M | 11.57M | 10.21M | - | - | 12.09M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 191.20M | 195.75M | 228.16M | 266.45M | 339.94M | 661.04M | 692.28M | 633.12M | 624.46M | 803.26M | 772.70M | 502.59M | - | 534.89M | 689.21M | 795.43M | 862.13M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 463.35M | 514.67M | 575.00M | 603.97M |
| Gross Profit | 37.27M | 47.57M | 60.50M | 69.44M | 87.86M | 167.04M | 187.94M | 159.47M | 137.11M | 180.70M | 156.14M | 96.84M | - | 71.54M | 174.53M | 220.43M | 258.16M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 101.58M | 181.20M | 193.96M | 181.75M |
| Operating Income | -6.21M | 24.38M | 30.82M | 32.62M | 42.30M | 87.36M | 98.80M | 74.88M | 32.10M | 63.66M | 1.70M | -100.70M | - | -30.04M | -6.67M | 26.47M | 76.41M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.27M | 19.43M | 50.93M | 98.25M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | -29.79M | -26.31M | -7.87M | 31.95M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.95M | 110.00K | 8.35M | 2.59M |
| Net Income | -3.80M | 14.95M | 21.59M | 21.87M | 27.27M | 56.17M | 66.97M | 48.42M | 19.68M | 46.80M | 52.02M | -115.78M | - | -35.75M | -26.42M | -16.21M | 29.36M |
| Diluted EPS | -0.32 | 1.05 | 1.21 | 1.00 | 1.08 | 1.87 | 2.22 | 1.40 | 0.58 | 1.41 | 1.60 | -3.76 | - | -1.11 | -0.80 | -0.46 | 0.81 |
| R&D Expense | - | 28.30M | 36.10M | 44.90M | 52.80M | 76.70M | 90.30M | 88.90M | 95.00M | 114.30M | 108.90M | 40.20M | 43.30M | 48.30M | 53.74M | 52.09M | 43.48M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 150.89M | 174.91M | 211.99M | 491.27M | 562.91M | 609.24M | 604.34M | 735.96M | 774.64M | 782.72M | 619.75M | - | 615.03M | 633.79M | 648.76M | 706.68M |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 365.29M | 389.78M | 426.17M | 437.74M |
| Cash & Equivalents | 3.04M | 14.95M | 22.71M | 10.92M | 7.38M | 54.63M | 21.20M | 18.56M | 17.90M | 17.91M | 16.62M | - | - | - | 13.78M | 4.76M | 9.29M | 18.18M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 187.98M | 191.80M | 199.74M | 196.86M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 123.07M | 134.98M | 139.65M | 150.83M |
| Total Liabilities | - | - | 73.67M | 72.04M | 86.86M | 319.76M | 334.73M | 309.02M | 266.89M | 406.03M | 388.01M | 393.86M | 349.37M | - | 375.11M | 384.27M | 392.67M | 566.60M |
| Current Liabilities | - | - | 31.29M | 33.48M | 47.97M | 85.24M | 109.22M | 104.23M | 86.56M | 102.89M | 128.09M | 120.64M | 93.74M | - | 151.61M | 143.33M | 156.15M | 141.28M |
| Long Term Debt | - | - | 33.26M | 27.97M | 20.71M | 188.04M | 180.21M | 167.21M | 145.48M | 269.08M | 232.11M | 188.00M | 173.00M | - | 159.50M | 159.24M | 168.67M | 334.45M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 178.38M | 197.68M | 193.87M | 378.35M |
| Total Equity | - | - | 77.22M | 102.86M | 125.13M | 171.51M | 228.18M | 300.23M | 337.45M | 329.93M | 386.62M | 388.86M | 270.37M | - | 239.92M | 249.52M | 256.10M | 140.07M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 35.44M | 37.35M | 37.96M | 38.43M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 31.09M | 16.50M | 27.91M | 24.18M | 49.55M | - | - | - | 37.78M | 54.88M | 42.69M | 37.34M | - | -28.31M | -23.95M | 30.57M | 74.80M |
| Investing Cash Flow | -42.70M | -3.61M | -38.13M | -27.38M | -166.63M | - | - | - | -129.56M | -19.67M | 64.63M | -5.80M | - | 14.39M | -4.11M | -8.43M | -53.75M |
| Financing Cash Flow | 23.52M | -5.13M | -1.56M | -341.00K | 164.25M | - | - | - | 91.42M | -36.13M | -92.18M | -24.58M | - | -1.41M | 25.43M | -14.53M | -22.39M |
| Capital Expenditure | -2.47M | -3.57M | -14.28M | - | - | - | - | - | - | - | - | - | - | -7.67M | -7.64M | -8.43M | -31.67M |
| Free Cash Flow | 28.62M | 12.94M | 13.63M | - | - | - | - | - | - | - | - | - | - | -35.99M | -31.59M | 22.14M | 43.12M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | -15.34M | -2.62M | 7.61M | -1.35M |
| Share Buybacks | - | - | - | - | - | 0 | 0 | 17.62M | 32.38M | 0 | 50.78M | 7.73M | 0 | 0 | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 19.5% | 24.3% | 26.5% | 26.1% | 25.8% | 25.3% | 27.1% | 25.2% | 22.0% | 22.5% | 20.2% | 19.3% | - | 13.4% | 25.3% | 27.7% | 29.9% |
| Operating Margin % | -3.2% | 12.5% | 13.5% | 12.2% | 12.4% | 13.2% | 14.3% | 11.8% | 5.1% | 7.9% | 0.2% | -20.0% | - | -5.6% | -1.0% | 3.3% | 8.9% |
| Net Margin % | -2.0% | 7.6% | 9.5% | 8.2% | 8.0% | 8.5% | 9.7% | 7.6% | 3.2% | 5.8% | 6.7% | -23.0% | - | -6.7% | -3.8% | -2.0% | 3.4% |
| ROE % | - | 19.4% | 21.0% | 17.5% | 15.9% | 24.6% | 22.3% | 14.4% | 6.0% | 12.1% | 13.4% | -42.8% | - | -14.9% | -10.6% | -6.3% | 21.0% |
| ROCE % | - | 20.4% | 21.8% | 19.9% | 10.4% | 19.3% | 19.6% | 14.5% | 5.1% | 9.8% | 0.3% | -19.1% | - | -6.5% | -1.4% | 5.4% | 13.5% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 8.82% | 2.83M | $204.32M |
| 2 | State Street Corporation | 7.33% | 2.35M | $169.93M |
| 3 | American Century Companies Inc | 5.42% | 1.74M | $125.65M |
| 4 | Vanguard Capital Management LLC | 4.33% | 1.39M | $100.44M |
| 5 | Capital International Investors | 4.02% | 1.29M | $93.21M |
| 6 | Geode Capital Management, LLC | 2.77% | 887.03K | $64.15M |
| 7 | Pertento Partners LLP | 2.54% | 815.33K | $58.96M |
| 8 | Next Century Growth Investors LLC | 2.45% | 786.32K | $56.86M |
| 9 | Dimensional Fund Advisors LP | 2.10% | 673.76K | $48.72M |
| 10 | Shaw D.E. & Co., Inc. | 1.90% | 608.45K | $44.00M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ATRO
Astronics (ATRO) Stock May Be Above Fair Value Despite Its 361% Run
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Astronics Corporation (ATRO) To Provide Low-Voltage Power Distribution System For Vertical Aerospace’s Valo eVTOL Aircraft
Astronics Corporation (NASDAQ:ATRO) is among the 8 Aerospace and Defense Stocks with the Largest 5Y Share Price Returns. On Monday, the company was selected to provide the low-voltage power distribution system for Vertical Aerospace’s Valo …
Vertical Aerospace Selects Astronics as Low-Voltage Power Distribution Supplier for Valo
LONDON & EAST AURORA, N.Y., June 29, 2026--Vertical Aerospace ("Vertical" or the "Company") (NYSE: EVTL), a global aerospace and technology company that is pioneering electric aviation, today announced a long-term agreement with Astronics C…
Analysts See 21% Upside To Astronics Corporation (ATRO)
Astronics Corporation (NASDAQ:ATRO) is among the 8 Best Mid Cap Defense Stocks to Buy. As of the close of business on June 24, the stock is a Strong Buy with an average share price upside potential of 21%. On May 28, TD Cowen analyst Gautam…
ATRO — Frequently Asked Questions
What is the current share price of Astronics Corporation (ATRO)?
As of 2026-07-14 21:23 PDT, Astronics Corporation (ATRO) trades at $72.45 on NasdaqGS. Its 52-week range is $23.95 to $87.15.
What is the market capitalisation of ATRO?
Astronics Corporation (ATRO) has a market capitalisation of $2.79B on NasdaqGS.
What is the P/E ratio of ATRO?
ATRO trades at a trailing price-to-earnings (P/E) ratio of 71.03. The industry average P/E is 30.17. Its price-to-book (P/B) ratio is 21.28.
What is the return on equity (ROE) of ATRO?
ATRO has a return on equity (ROE) of 21.18%. Its return on capital employed (ROCE) is 13.51%.
Is ATRO a good stock to buy?
This page provides a data-driven analysis of Astronics Corporation (ATRO), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.