ASTENasdaqConstruction Machinery & EquipFiscal year ends December 31
ASTEC INDUSTRIES INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$38.57+0.35 (+0.92%)
Close on Oct 19, 2026
- Market cap
- $898.35M
- P/E (TTM)
- 45.4
- Dividend yield
- 1.35%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
26.5%+3.3 pts over 5 years
Operating margin
4.7%+0.7 pts over 5 years
Net margin
2.8%−1.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +8.1% | +3.4% | +6.6% | +3.7% | |
| Gross profit | +14.1% | +12.3% | +9.5% | +5.5% | |
| Operating income | +184.1% | +106.4% | +10.2% | +2.8% | |
| Net income | +802.3% | – | -3.3% | +1.7% | |
| EPS, diluted | +784.2% | – | -3.5% | +1.7% | |
| Free cash flow | +728.0% | – | -30.3% | +7.9% | |
| Dividend per share | 0.0% | +2.0% | +3.4% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 8.8% | 7.4% | 5.9% | |
| Return on assets | 6.8% | 5.6% | 3.2% | |
| Current ratio | 3.42 | 3.32 | 2.49 | |
| Debt to equity | 0.02 | 0.00 | 0.51 | |
| Net debt to EBITDA | -0.63× | -2.32× | 2.70× | |
| Interest coverage | 62.5× | 57.9× | 3.6× | |
| Inventory turnover | 2.4× | 2.9× | 2.3× | |
| Capex to revenue | 2.4% | 1.5% | 2.9% | |
| Diluted shares | 23M | 23M | 23M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Astec Industries generated $193.50M from operations and spent $223.20M on capital expenditure, dividends and share buybacks. 70% of that went back into the business.
Generated
$193.50M
Used
$223.20M
Capital expenditure$156.10M70%Dividends$57.00M26%Share buybacks$10.10M5%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.8%
×Asset turnover1.17×
×Equity multiplier1.83×
=Return on equity, FY20255.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.8% | 1.17× | 1.83× | 5.9% |
| FY2024 | 0.3% | 1.24× | 1.63× | 0.7% |
| FY2023 | 2.5% | 1.29× | 1.62× | 5.2% |
| FY2022 | -0.0% | 1.33× | 1.50× | -0.0% |
| FY2021 | 1.4% | 1.25× | 1.36× | 2.4% |
| FY2020 | 4.5% | 1.24× | 1.32× | 7.4% |
| FY2019 | 1.9% | 1.41× | 1.40× | 3.8% |
| FY2018 | -5.2% | 1.34× | 1.37× | -9.5% |
| FY2017 | 3.2% | 1.37× | 1.30× | 5.7% |
| FY2016 | 4.8% | 1.42× | 1.29× | 8.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$38.80M
- Cash generatingOperating cash flow above zero$61.40M
- Return on assets improvedROA up on the prior year0.4% → 3.7%
- Earnings backed by cashOperating cash flow above net income$61.40M vs $38.80M
- Less leverageLong-term debt to assets fell10.1% → 23.4%
- Better liquidityCurrent ratio rose2.66 → 2.49
- No dilutionShare count did not rise23M → 23M
- Gross margin improvedGross margin up on the prior year25.12% → 26.53%
- More efficientAsset turnover rose1.23 → 1.35