ASTEC INDUSTRIES INC
Close on Oct 19, 2026
- Market cap
- $898.35M
- P/E (TTM)
- 45.4
- Dividend yield
- 1.35%
About Astec Industries
Construction Machinery & Equip, SIC 3531
Astec designs, manufactures, and services equipment and replacement parts used in road construction and bulk material processing. It operates through two segments: Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment supplies asphalt and concrete plants, road paving machinery, industrial burners, forestry equipment, and plant automation software. The Materials Solutions segment produces crushing, screening, washing, rock breaking, and bulk conveying systems for aggregate and mineral operations. Astec serves asphalt and concrete producers, road contractors, mine and quarry operators, demolition firms, port authorities, and government agencies.
The company employs 4,468 workers worldwide, including 3,679 across the United States and Canada. Astec operates manufacturing facilities in the United States, Canada, Brazil, South Africa, India, China, and the United Kingdom, alongside service and distribution sites in Australia, Chile, Thailand, and Sweden. The provided text does not state the location of the company's headquarters.
Summary of the business section of Astec Industries's latest annual report, written by StockData.
Company profile
Company
- Legal name
- ASTEC INDUSTRIES INC
- Headquarters
- Chattanooga, TN
- Address
- 1725 Shepherd Road 37421
- Phone
- (423) 899-5898
- Employees
- 4,468, Dec 31, 2025
- Industry
- Construction Machinery & Equip
- Incorporated in
- Tennessee
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Nashville, Tennessee
Stock & identifiers
- Ticker
- ASTE
- Exchange
- Nasdaq
- Shares outstanding
- 23M, Jul 31, 2026
- Public float
- $947.90M, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Jan 19, 1999; 2-for-1, Sep 13, 1993
- SEC CIK
- 792987
- CUSIP
- 046224101
- ISIN
- US0462241011
- LEI
- 5493002DO2QKHLKB2A48
- EIN
- 62-0873631
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Robert Gerald Putney | VP, Chief Accounting Officer | 2,290 |
| Chad Jeffrey Hartley | Group President | 13,017 |
| Jaco van der Merwe | Chief Executive Officer | 113,376 |
| Brian James Harris | Chief Financial Officer | 15,770 |
| Edward Terrell Gilbert Jr | GC & CORPORATE SECRETARY | 8,887 |
| Michael Paul Norris | GROUP PRESIDENT | 22,448 |
| Barend Snyman | Group President | 18,872 |
| Jamie E. Palm | VP, CAO & Corporate Controller | 7,095 |
| Jeffrey T. Jackson | Director | 12,324 |
| Patrick S. Shannon | Director | 9,799 |
| Mary L. Howell | Director | 20,238 |
| James Murphy Winford Jr | Director | 10,521 |
| Nalin Jain | Director | 12,939 |
| Mark Joseph Gliebe | Director | 12,925 |
| Tracey H. Cook | Director | 20,258 |
| Linda I. Knoll | Director | 14,502 |
| William D. Gehl | Director | 40,626 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Jaco Van Der Merwe | $4.03M | $5.69M | $1.30M | $79 | $201 |
| FY2024 Jaco Van Der Merwe | $3.66M | $3.15M | $840.27K | $61 | $176 |
| FY2023 Barry ARuffalo | $3.53M | $2.08M | $1.37M | $66 | $150 |
| FY2023 Jaco Van Der Merwe | $3.32M | $3.17M | $1.37M | $66 | $150 |
| FY2022 Barry A. Ruffalo | $4.25M | $1.01M | $1.21M | $71 | $114 |
| FY2022 Barry ARuffalo | $4.25M | $1.01M | $1.21M | $71 | $114 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 4,468 individuals, including 3,679 employees in the U.S.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 1, 2025 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 8, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Mar 3, 2020 | Late filing | Notification of late filing |
| Mar 1, 2019 | Late filing | Notification of late filing |
| Mar 6, 2015 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jan 13, 2015 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Dec 16, 2014 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jun 20, 2006 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Sep 30, 2005 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 16, 2005 | Late filing | Notification of late filing |
| Sep 10, 2004 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Dec 22, 1995 | Listing | Registration of securities on an exchange (Form 8-A) |