Symbols / ATRO Stock $80.09 +2.34% Astronics Corporation

Industrials • Aerospace & Defense • United States • NMS
ATRO (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Aerospace & Defense
CEO Mr. Peter J. Gundermann
Exch · Country NMS · United States
Market Cap 2.87B
Enterprise Value 3.25B
Income 45.37M
Sales 886.81M
FCF (ttm) 1.44M
Book/sh 3.93
Cash/sh 0.33
Employees 2,700
Insider 10d —
IPO Mar 17, 1980
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 65.65
Forward P/E 25.15
PEG 1.45
P/S 3.24
P/B 20.40
P/C —
EV/EBITDA 24.99
EV/Sales 3.66
Quick Ratio 1.45
Current Ratio 2.97
Debt/Eq 234.45
LT Debt/Eq —
EPS (ttm) 1.22
EPS next Y 3.19
EPS Growth 154.30%
Revenue Growth 12.00%
EPS Gr Q/Q 168.10%
Rev Gr Q/Q —
Earnings (next) 2026-07-30
Earnings (prior) 2026-02-24
ROA 9.56%
ROE 21.18%
ROIC —
Gross Margin 31.38%
Oper. Margin 11.81%
Profit Margin 5.12%
Shs Outstand 32.06M
Shs Float 33.74M
Insider Own 2.39%
Instit Own 109.68%
Short Float 8.50%
Short Ratio 6.27
Short Interest 2.67M
52W High 83.96
vs 52W High -4.61%
52W Low 27.27
vs 52W Low 193.69%
Beta 1.11
Impl. Vol. 0.39%
Rel Volume 2.89
Avg Volume 589.71K
Volume 1.71M
Target (mean) $86.58
Tgt Median $91.00
Tgt Low $54.88
Tgt High $107.00
# Analysts 5
Recom None
Prev Close $78.26
Price $80.09
Change 2.34%
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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$86.58
Mean price target
2. Current target
$80.09
Latest analyst target
3. DCF / Fair value
$0.81
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$80.09
Low
$54.88
High
$107.00
Mean
$86.58

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-25 main Truist Securities Buy → Buy $107
2025-11-26 init TD Cowen — → Buy $65
2025-10-15 main Truist Securities Buy → Buy $58
2025-10-10 init Craig-Hallum — → Buy $60
2025-07-11 up Truist Securities Hold → Buy $49
2025-06-12 main Truist Securities Hold → Hold $32
2025-04-17 main Truist Securities Hold → Hold $21
2025-03-05 main Truist Securities Hold → Hold $23
2025-01-14 main Truist Securities Hold → Hold $17
2024-10-18 main Truist Securities Hold → Hold $20
2024-08-02 main Truist Securities Hold → Hold $22
2024-07-17 main Truist Securities Hold → Hold $20
2024-05-03 main Truist Securities Hold → Hold $19
2024-03-01 main Truist Securities Hold → Hold $21
2024-01-10 main Truist Securities Hold → Hold $18
2023-07-21 main Truist Securities Hold → Hold $17
2023-05-10 main Truist Securities Hold → Hold $15
2022-07-19 main Truist Securities — → Hold $10
2020-12-01 up Truist Securities Sell → Hold $14
2020-11-20 up Canaccord Genuity Hold → Buy $15
News
RSS: Latest ATRO news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-03 PEABODY MARK A Officer — 10,850 — —
2026-03-03 HEDGES NANCY L Officer — 5,050 $81.35 $410,818
2026-03-03 MULATO JAMES F Divisional Officer — 11,500 $81.35 $935,525
2026-03-03 GUNDERMANN PETER J Chief Executive Officer — 13,550 $81.35 $1,102,292
2026-02-26 BRADY ROBERT T Director — 4,000 $22.93 $91,720
2026-02-19 WEST FAY Director — 1,533 $0.00 $0
2026-02-19 O'BRIEN LINDA Director — 1,533 $0.00 $0
2026-02-19 BRADY ROBERT T Director — 1,533 $0.00 $0
2026-02-19 KIM NEIL Y. Director — 1,533 $0.00 $0
2026-02-19 FRISBY JEFFRY D Director — 1,533 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
862.13
+8.39%
795.43
+15.41%
689.21
+28.85%
534.89
Operating Revenue
862.13
+8.39%
795.43
+15.41%
689.21
+28.85%
534.89
Cost Of Revenue
603.97
+5.04%
575.00
+11.72%
514.67
+11.08%
463.35
Reconciled Cost Of Revenue
603.97
+5.04%
575.00
+11.72%
514.67
+11.08%
463.35
Gross Profit
258.16
+17.12%
220.43
+26.30%
174.53
+143.96%
71.54
Operating Expense
181.75
-6.30%
193.96
+7.04%
181.20
+78.38%
101.58
Research And Development
43.48
-16.53%
52.09
-3.07%
53.74
—
Selling General And Administration
138.27
-2.54%
141.88
+11.30%
127.47
+25.48%
101.58
Total Expenses
785.72
+2.18%
768.96
+10.50%
695.88
+23.18%
564.94
Operating Income
76.41
+188.72%
26.47
+496.73%
-6.67
+77.80%
-30.04
Total Operating Income As Reported
76.41
+188.72%
26.47
+496.73%
-6.67
+77.80%
-30.04
EBITDA
98.25
+92.90%
50.93
+162.09%
19.43
+957.21%
-2.27
Normalized EBITDA
130.89
+114.30%
61.08
+281.61%
16.01
+218.12%
-13.55
Reconciled Depreciation
21.84
-10.74%
24.47
-6.27%
26.10
-6.02%
27.78
EBIT
76.41
+188.72%
26.47
+496.73%
-6.67
+77.80%
-30.04
Total Unusual Items
-32.64
-221.68%
-10.15
-396.12%
3.43
-69.63%
11.28
Total Unusual Items Excluding Goodwill
-32.64
-221.68%
-10.15
-396.12%
3.43
-69.63%
11.28
Special Income Charges
-32.64
-221.68%
-10.15
-396.12%
3.43
-69.63%
11.28
Other Special Charges
32.64
+221.68%
10.15
—
—
Impairment Of Capital Assets
—
—
—
0.00
Net Income
29.36
+281.06%
-16.21
+38.63%
-26.42
+26.09%
-35.75
Pretax Income
31.95
+506.06%
-7.87
+70.10%
-26.31
+11.69%
-29.79
Net Non Operating Interest Income Expense
-12.56
+42.90%
-22.00
+5.70%
-23.33
-147.59%
-9.42
Net Interest Income
-12.56
+42.90%
-22.00
+5.70%
-23.33
-147.59%
-9.42
Other Income Expense
-31.91
-158.66%
-12.34
-434.46%
3.69
-61.87%
9.67
Other Non Operating Income Expenses
0.74
+133.74%
-2.19
-937.93%
0.26
+116.20%
-1.61
Gain On Sale Of Business
0.00
0.00
-100.00%
3.43
-69.63%
11.28
Tax Provision
2.59
-69.02%
8.35
+7489.09%
0.11
-98.15%
5.95
Tax Rate For Calcs
0.00
-61.43%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-2.64
-24.08%
-2.13
-396.12%
0.72
-69.63%
2.37
Net Income Including Noncontrolling Interests
29.36
+281.06%
-16.21
+38.63%
-26.42
+26.09%
-35.75
Net Income From Continuing Operation Net Minority Interest
29.36
+281.06%
-16.21
+38.63%
-26.42
+26.09%
-35.75
Net Income From Continuing And Discontinued Operation
29.36
+281.06%
-16.21
+38.63%
-26.42
+26.09%
-35.75
Net Income Continuous Operations
29.36
+281.06%
-16.21
+38.63%
-26.42
+26.09%
-35.75
Normalized Income
59.36
+824.06%
-8.20
+71.86%
-29.13
+34.78%
-44.66
Net Income Common Stockholders
29.36
+281.06%
-16.21
+38.63%
-26.42
+26.09%
-35.75
Diluted EPS
0.81
+276.09%
-0.46
+42.50%
-0.80
+27.93%
-1.11
Basic EPS
0.83
+280.43%
-0.46
+42.50%
-0.80
+27.93%
-1.11
Basic Average Shares
35.44
+0.55%
35.25
+6.73%
33.03
+2.55%
32.20
Diluted Average Shares
36.46
+3.44%
35.25
+6.48%
33.10
+2.79%
32.20
Diluted NI Availto Com Stockholders
29.36
+281.06%
-16.21
+38.63%
-26.42
+26.09%
-35.75
Gain On Sale Of PPE
—
—
0.00
0.00
Total Other Finance Cost
12.56
-42.90%
22.00
-5.70%
23.33
+147.59%
9.42
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
706.68
+8.93%
648.76
+2.36%
633.79
+3.05%
615.03
Current Assets
437.74
+2.71%
426.17
+9.34%
389.78
+6.70%
365.29
Cash Cash Equivalents And Short Term Investments
18.18
+95.80%
9.29
+95.23%
4.76
-65.48%
13.78
Cash And Cash Equivalents
18.18
+95.80%
9.29
+95.23%
4.76
-65.48%
13.78
Receivables
204.67
+6.91%
191.45
+11.24%
172.11
+16.45%
147.79
Accounts Receivable
150.83
+8.01%
139.65
+3.46%
134.98
+9.68%
123.07
Gross Accounts Receivable
—
—
—
—
Receivables Adjustments Allowances
-0.85
+64.37%
-2.38
+74.14%
-9.19
-249.54%
-2.63
Other Receivables
54.69
+0.95%
54.17
+16.95%
46.32
+69.37%
27.35
Inventory
196.86
-1.44%
199.74
+4.14%
191.80
+2.03%
187.98
Raw Materials
125.34
-10.39%
139.87
+7.04%
130.67
+2.58%
127.39
Work In Process
38.69
+21.17%
31.93
-0.59%
32.12
+7.44%
29.89
Finished Goods
32.84
+17.53%
27.94
-3.69%
29.01
-5.50%
30.70
Prepaid Assets
—
—
—
—
Restricted Cash
0.00
-100.00%
9.14
+39.44%
6.56
0.00
Other Current Assets
18.03
+8.88%
16.56
+13.72%
14.56
-7.51%
15.74
Total Non Current Assets
268.94
+20.82%
222.59
-8.78%
244.01
-2.29%
249.74
Net PPE
139.35
+33.61%
104.30
-7.98%
113.34
+9.32%
103.69
Gross PPE
275.88
+17.81%
234.18
-8.00%
254.56
+5.51%
241.27
Accumulated Depreciation
-136.53
-5.12%
-129.88
+8.02%
-141.21
-2.63%
-137.59
Properties
0.00
0.00
0.00
0.00
Land And Improvements
8.90
+4.10%
8.55
-0.64%
8.61
+0.33%
8.58
Buildings And Improvements
83.48
+15.71%
72.15
+0.94%
71.48
-3.07%
73.74
Machinery Furniture Equipment
131.61
+4.56%
125.87
-0.67%
126.72
+2.97%
123.07
Construction In Progress
19.62
+390.77%
4.00
-5.26%
4.22
-34.23%
6.42
Other Properties
32.27
+36.68%
23.61
-45.76%
43.53
+47.72%
29.47
Goodwill And Other Intangible Assets
118.28
+7.01%
110.53
-10.59%
123.63
-10.05%
137.45
Goodwill
62.92
+8.38%
58.06
-0.26%
58.21
+0.07%
58.17
Other Intangible Assets
55.35
+5.48%
52.48
-19.78%
65.42
-17.48%
79.28
Other Non Current Assets
11.32
+45.77%
7.76
+10.35%
7.04
-18.25%
8.61
Total Liabilities Net Minority Interest
566.60
+44.30%
392.67
+2.18%
384.27
+2.44%
375.11
Current Liabilities
141.28
-9.53%
156.15
+8.94%
143.33
-5.46%
151.61
Payables And Accrued Expenses
109.40
-11.75%
123.96
+15.59%
107.24
-2.60%
110.10
Payables
42.49
-14.39%
49.64
-22.66%
64.18
-9.10%
70.60
Accounts Payable
41.08
-4.38%
42.96
-29.73%
61.13
-4.77%
64.19
Current Accrued Expenses
66.91
-9.98%
74.33
+72.61%
43.06
+9.01%
39.50
Employee Benefits
27.38
+13.68%
24.09
-17.76%
29.29
+10.10%
26.60
Total Tax Payable
1.41
-78.84%
6.68
+119.31%
3.04
-52.50%
6.41
Income Tax Payable
1.41
-78.84%
6.68
+119.31%
3.04
-52.50%
6.41
Current Debt And Capital Lease Obligation
5.80
+23.53%
4.70
-66.61%
14.06
+57.31%
8.94
Current Debt
—
—
9.00
+99.91%
4.50
Other Current Borrowings
—
—
9.00
+99.91%
4.50
Current Capital Lease Obligation
5.80
+23.53%
4.70
-7.34%
5.07
+14.14%
4.44
Current Deferred Liabilities
26.07
-5.17%
27.49
+24.79%
22.03
-32.36%
32.57
Current Deferred Revenue
26.07
-5.17%
27.49
+24.79%
22.03
-32.36%
32.57
Total Non Current Liabilities Net Minority Interest
425.33
+79.83%
236.51
-1.84%
240.94
+7.80%
223.50
Long Term Debt And Capital Lease Obligation
372.55
+96.93%
189.18
+3.03%
183.61
+8.36%
169.44
Long Term Debt
334.45
+98.29%
168.67
+5.92%
159.24
-0.16%
159.50
Long Term Capital Lease Obligation
38.10
+85.79%
20.51
-15.87%
24.38
+145.18%
9.94
Non Current Pension And Other Postretirement Benefit Plans
27.38
+13.68%
24.09
-17.76%
29.29
+10.10%
26.60
Non Current Deferred Liabilities
0.64
-55.37%
1.43
+9.72%
1.31
-30.11%
1.87
Non Current Deferred Taxes Liabilities
0.64
-55.37%
1.43
+9.72%
1.31
-30.11%
1.87
Other Non Current Liabilities
24.75
+13.47%
21.82
-18.38%
26.73
+4.48%
25.58
Stockholders Equity
140.07
-45.30%
256.10
+2.64%
249.52
+4.00%
239.92
Common Stock Equity
140.07
-45.30%
256.10
+2.64%
249.52
+4.00%
239.92
Capital Stock
0.39
+1.32%
0.38
+1.88%
0.37
+5.37%
0.35
Common Stock
0.39
+1.32%
0.38
+1.88%
0.37
+5.37%
0.35
Share Issued
38.43
+1.25%
37.96
+1.61%
37.35
+5.41%
35.44
Ordinary Shares Number
35.68
+1.18%
35.26
+2.15%
34.52
+6.94%
32.28
Treasury Shares Number
2.75
+2.10%
2.69
-4.89%
2.83
-10.20%
3.15
Additional Paid In Capital
4.90
-96.60%
144.15
+11.27%
129.54
+31.34%
98.63
Retained Earnings
216.70
+12.74%
192.21
-8.36%
209.75
-12.73%
240.36
Gains Losses Not Affecting Retained Earnings
-4.41
-14.16%
-3.86
+59.02%
-9.43
+1.05%
-9.53
Treasury Stock
77.50
+0.94%
76.78
-4.89%
80.73
-10.20%
89.90
Other Equity Adjustments
-4.41
-14.16%
-3.86
+59.02%
-9.43
+1.05%
-9.53
Total Equity Gross Minority Interest
140.07
-45.30%
256.10
+2.64%
249.52
+4.00%
239.92
Total Capitalization
474.52
+11.71%
424.77
+3.92%
408.75
+2.34%
399.42
Working Capital
296.46
+9.79%
270.02
+9.56%
246.45
+15.33%
213.68
Invested Capital
474.52
+11.71%
424.77
+1.68%
417.75
+3.42%
403.92
Total Debt
378.35
+95.15%
193.87
-1.92%
197.68
+10.82%
178.38
Net Debt
316.27
+98.43%
159.38
-2.50%
163.48
+8.82%
150.22
Capital Lease Obligations
43.90
+74.18%
25.20
-14.40%
29.45
+104.72%
14.38
Net Tangible Assets
21.80
-85.03%
145.56
+15.63%
125.89
+22.85%
102.47
Tangible Book Value
21.80
-85.03%
145.56
+15.63%
125.89
+22.85%
102.47
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
74.80
+144.70%
30.57
+227.62%
-23.95
+15.41%
-28.31
Cash Flow From Continuing Operating Activities
74.80
+144.70%
30.57
+227.62%
-23.95
+15.41%
-28.31
Net Income From Continuing Operations
29.36
+281.06%
-16.21
+38.63%
-26.42
+26.09%
-35.75
Depreciation Amortization Depletion
21.84
-10.74%
24.47
-6.27%
26.10
-6.02%
27.78
Depreciation And Amortization
21.84
-10.74%
24.47
-6.27%
26.10
-6.02%
27.78
Other Non Cash Items
13.89
-25.49%
18.64
+544.01%
2.90
-69.89%
9.61
Pension And Employee Benefit Expense
0.00
-100.00%
3.45
-47.26%
6.55
+45.15%
4.51
Stock Based Compensation
6.80
-20.67%
8.57
-14.32%
10.00
+53.98%
6.50
Provisionand Write Offof Assets
10.01
-27.36%
13.78
-13.88%
16.00
+368.61%
3.42
Asset Impairment Charge
—
—
—
0.00
Deferred Tax
-1.36
-6710.00%
-0.02
-113.70%
0.15
+668.42%
0.02
Deferred Income Tax
-1.36
-6710.00%
-0.02
-113.70%
0.15
+668.42%
0.02
Operating Gains Losses
32.64
+139.99%
13.60
+335.68%
3.12
+146.10%
-6.77
Change In Working Capital
-38.39
-18.97%
-32.26
+42.18%
-55.80
-68.51%
-33.12
Change In Receivables
-8.10
+63.14%
-21.98
+31.03%
-31.87
+23.47%
-41.65
Changes In Account Receivables
-8.10
+63.14%
-21.98
+31.03%
-31.87
+23.47%
-41.65
Change In Inventory
-4.43
+79.42%
-21.55
-62.24%
-13.28
+61.00%
-34.06
Change In Prepaid Assets
—
—
—
0.26
Change In Payables And Accrued Expense
-26.08
-396.62%
8.79
+585.75%
-1.81
-104.01%
45.17
Change In Accrued Expense
-15.03
-168.34%
21.99
+374.47%
4.63
+288.43%
1.19
Change In Payable
-11.05
+16.24%
-13.20
-104.76%
-6.44
-114.65%
43.98
Change In Account Payable
-3.11
+82.40%
-17.69
-293.62%
-4.50
-116.14%
27.84
Change In Other Working Capital
4.80
-36.83%
7.60
+292.09%
-3.96
-183.96%
4.71
Change In Other Current Liabilities
-4.57
+10.77%
-5.12
-5.02%
-4.88
+33.10%
-7.29
Investing Cash Flow
-53.75
-537.73%
-8.43
-105.26%
-4.11
-128.54%
14.39
Cash Flow From Continuing Investing Activities
-53.75
-537.73%
-8.43
-105.26%
-4.11
-128.54%
14.39
Capital Expenditure
-31.67
-275.81%
-8.43
-10.27%
-7.64
+0.42%
-7.67
Capital Expenditure Reported
-31.67
-275.81%
-8.43
-10.27%
-7.64
+0.42%
-7.67
Net Business Purchase And Sale
-22.07
0.00
-100.00%
3.54
-83.97%
22.06
Purchase Of Business
-22.07
0.00
0.00
—
Gain Loss On Sale Of Business
0.00
0.00
+100.00%
-3.43
+69.63%
-11.28
Financing Cash Flow
-22.39
-54.12%
-14.53
-157.13%
25.43
+1901.35%
-1.41
Cash Flow From Continuing Financing Activities
-22.39
-54.12%
-14.53
-157.13%
25.43
+1901.35%
-1.41
Net Issuance Payments Of Debt
14.25
+469.46%
2.50
-70.56%
8.50
+749.90%
1.00
Issuance Of Debt
411.14
+8.94%
377.39
+170.08%
139.73
+11.05%
125.83
Repayment Of Debt
-396.89
-5.87%
-374.89
-185.67%
-131.23
-5.13%
-124.83
Long Term Debt Issuance
411.14
+8.94%
377.39
+170.08%
139.73
+11.05%
125.83
Long Term Debt Payments
-396.89
-5.87%
-374.89
-185.67%
-131.23
-5.13%
-124.83
Net Long Term Debt Issuance
14.25
+469.46%
2.50
-70.56%
8.50
+749.90%
1.00
Net Common Stock Issuance
0.00
0.00
-100.00%
21.27
0.00
Common Stock Payments
—
—
—
0.00
Repurchase Of Capital Stock
—
—
—
0.00
Proceeds From Stock Option Exercised
-26.14
-10744.40%
-0.24
-109.73%
2.48
+2452.58%
0.10
Net Other Financing Charges
-10.51
+37.42%
-16.79
-146.60%
-6.81
-171.38%
-2.51
Changes In Cash
-1.35
-117.71%
7.61
+390.27%
-2.62
+82.91%
-15.34
Effect Of Exchange Rate Changes
1.10
+322.92%
-0.49
-416.03%
0.16
+124.34%
-0.64
Beginning Cash Position
18.43
+62.89%
11.31
-17.89%
13.78
-53.70%
29.76
End Cash Position
18.18
-1.35%
18.43
+62.89%
11.31
-17.89%
13.78
Free Cash Flow
43.12
+94.79%
22.14
+170.07%
-31.59
+12.21%
-35.99
Interest Paid Supplemental Data
8.98
-53.34%
19.24
+8.76%
17.69
+132.60%
7.61
Income Tax Paid Supplemental Data
11.61
+228.10%
3.54
+80.09%
1.96
—
Change In Income Tax Payable
-7.94
-276.48%
4.50
+330.79%
-1.95
-112.08%
16.13
Change In Tax Payable
-7.94
-276.48%
4.50
+330.79%
-1.95
-112.08%
16.13
Common Stock Issuance
0.00
0.00
-100.00%
21.27
0.00
Earnings Losses From Equity Investments
—
—
—
0.00
Issuance Of Capital Stock
0.00
0.00
-100.00%
21.27
0.00
Sale Of Business
0.00
0.00
-100.00%
3.54
-83.97%
22.06
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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