Stocks · Industrials · Aircraft Parts & Auxiliary Equipment, NEC

ASTRONICS CORP

ATRO Clue Score56
United States Fiscal year ends December CIK 0000008063
$64.22 -0.36% Close, 9 Oct 2026
Price $64.22 +366.38% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue633.1Operating income74.9Net income48.4EPS, diluted1.40Fiscal year 2017Revenue624.5 −1.4%Operating income32.1Net income19.7 −59.4%EPS, diluted0.58 −58.6%Fiscal year 2018Revenue803.3 +28.6%Operating income63.7Net income46.8 +137.8%EPS, diluted1.41 +143.1%Fiscal year 2019Revenue772.7 −3.8%Operating income1.7Net income52.0 +11.1%EPS, diluted1.60 +13.5%Fiscal year 2020Revenue502.6 −35.0%Operating income−100.7Net income−115.8 −322.6%EPS, diluted−3.76 −335.0%Fiscal year 2021Revenue444.9 −11.5%Operating income−28.7Net income−25.6EPS, diluted−0.82Fiscal year 2022Revenue534.9 +20.2%Operating income−30.0Net income−35.7EPS, diluted−1.11Fiscal year 2023Revenue689.2 +28.8%Operating income−6.7Net income−26.4EPS, diluted−0.80Fiscal year 2024Revenue795.4 +15.4%Operating income26.5Net income−16.2EPS, diluted−0.46Fiscal year 2025Revenue862.1 +8.4%Operating income76.4Net income29.4EPS, diluted0.81
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 633.1 624.5 803.3 772.7 502.6 444.9 534.9 689.2 795.4 862.1
Growth −1.4% +28.6% −3.8% −35.0% −11.5% +20.2% +28.8% +15.4% +8.4%
Operating income 74.9 32.1 63.7 1.7 −100.7 −28.7 −30.0 −6.7 26.5 76.4
Net income 48.4 19.7 46.8 52.0 −115.8 −25.6 −35.7 −26.4 −16.2 29.4
Growth −59.4% +137.8% +11.1% −322.6%
EPS, diluted 1.40 0.58 1.41 1.60 −3.76 −0.82 −1.11 −0.80 −0.46 0.81
Growth −58.6% +143.1% +13.5% −335.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin25.2%Operating margin11.8%Net margin7.6%Free cash flow margin5.7%Fiscal year 2017Gross margin22.0%Operating margin5.1%Net margin3.2%Free cash flow margin3.9%Fiscal year 2018Gross margin22.5%Operating margin7.9%Net margin5.8%Free cash flow margin4.8%Fiscal year 2019Gross margin20.2%Operating margin0.2%Net margin6.7%Free cash flow margin4.0%Fiscal year 2020Gross margin19.3%Operating margin−20.0%Net margin−23.0%Free cash flow margin5.9%Fiscal year 2021Gross margin14.7%Operating margin−6.4%Net margin−5.7%Free cash flow margin−2.6%Fiscal year 2022Gross margin13.4%Operating margin−5.6%Net margin−6.7%Free cash flow margin−6.7%Fiscal year 2023Gross margin25.3%Operating margin−1.0%Net margin−3.8%Free cash flow margin−4.6%Fiscal year 2024Gross margin27.7%Operating margin3.3%Net margin−2.0%Free cash flow margin2.8%Fiscal year 2025Gross margin29.9%Operating margin8.9%Net margin3.4%Free cash flow margin5.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 25.2% 22.0% 22.5% 20.2% 19.3% 14.7% 13.4% 25.3% 27.7% 29.9%
Operating margin 11.8% 5.1% 7.9% 0.2% −20.0% −6.4% −5.6% −1.0% 3.3% 8.9%
Net margin 7.6% 3.2% 5.8% 6.7% −23.0% −5.7% −6.7% −3.8% −2.0% 3.4%
Free cash flow margin 5.7% 3.9% 4.8% 4.0% 5.9% −2.6% −6.7% −4.6% 2.8% 5.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow48.9Capital expenditure−13.0Free cash flow35.8Buybacks−17.6Fiscal year 2017Operating cash flow37.8Capital expenditure−13.5Free cash flow24.3 −32.1%Buybacks−32.4Fiscal year 2018Operating cash flow54.9Capital expenditure−16.3Free cash flow38.6 +58.7%Buybacks0.0Fiscal year 2019Operating cash flow42.7Capital expenditure−12.1Free cash flow30.6 −20.6%Buybacks−50.8Fiscal year 2020Operating cash flow37.3Capital expenditure−7.5Free cash flow29.9 −2.4%Buybacks−7.7Fiscal year 2021Operating cash flow−5.5Capital expenditure−6.0Free cash flow−11.6 −138.7%Buybacks0.0Fiscal year 2022Operating cash flow−28.3Capital expenditure−7.7Free cash flow−36.0Buybacks0.0Fiscal year 2023Operating cash flow−24.0Capital expenditure−7.6Free cash flow−31.6Fiscal year 2024Operating cash flow30.6Capital expenditure−8.4Free cash flow22.1Fiscal year 2025Operating cash flow74.8Capital expenditure−31.7Free cash flow43.1 +94.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 48.9 37.8 54.9 42.7 37.3 −5.5 −28.3 −24.0 30.6 74.8
Capital expenditure −13.0 −13.5 −16.3 −12.1 −7.5 −6.0 −7.7 −7.6 −8.4 −31.7
Free cash flow 35.8 24.3 38.6 30.6 29.9 −11.6 −36.0 −31.6 22.1 43.1
Growth −32.1% +58.7% −20.6% −2.4% −138.7% +94.8%
Buybacks −17.6 −32.4 0.0 −50.8 −7.7 0.0 0.0 n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash17.9Total debt148.1Net cash (debt)−130.2Shareholders’ equity337.4Debt to equity0.44Fiscal year 2017Cash17.9Total debt271.8Net cash (debt)−253.9Shareholders’ equity329.9Debt to equity0.82Fiscal year 2018Cash16.6Total debt234.0Net cash (debt)−217.4Shareholders’ equity386.6Debt to equity0.61Fiscal year 2019Cash31.9Total debt188.2Net cash (debt)−156.3Shareholders’ equity388.9Debt to equity0.48Fiscal year 2020Cash40.4Total debt173.0Net cash (debt)−132.6Shareholders’ equity270.4Debt to equity0.64Fiscal year 2021Cash29.8Total debt163.0Net cash (debt)−133.2Shareholders’ equity256.6Debt to equity0.64Fiscal year 2022Cash13.8Total debt164.0Net cash (debt)−150.2Shareholders’ equity239.9Debt to equity0.68Fiscal year 2023Cash4.8Total debt168.2Net cash (debt)−163.5Shareholders’ equity249.5Debt to equity0.67Fiscal year 2024Cash9.3Total debt168.7Net cash (debt)−159.4Shareholders’ equity256.1Debt to equity0.66Fiscal year 2025Cash18.2Total debt334.5Net cash (debt)−316.3Shareholders’ equity140.1Debt to equity2.39
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 17.9 17.9 16.6 31.9 40.4 29.8 13.8 4.8 9.3 18.2
Total debt 148.1 271.8 234.0 188.2 173.0 163.0 164.0 168.2 168.7 334.5
Net cash (debt) −130.2 −253.9 −217.4 −156.3 −132.6 −133.2 −150.2 −163.5 −159.4 −316.3
Shareholders’ equity 337.4 329.9 386.6 388.9 270.4 256.6 239.9 249.5 256.1 140.1
Debt to equity 0.44 0.82 0.61 0.48 0.64 0.64 0.68 0.67 0.66 2.39

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
17.9 17.9 16.6 31.9 40.4 29.8 13.8 4.8 9.3 18.2
109.4 132.6 182.3 148.0 93.1 107.4 147.8 172.1 191.4 204.7
116.6 150.2 138.7 145.8 157.1 157.6 188.0 191.8 199.7 196.9
122.8 125.8 120.9 112.5 106.7 95.2 90.7 85.4 80.7 107.1
115.2 125.6 125.0 145.0 58.3 58.3 58.2 58.2 58.1 62.9
604.3 736.0 774.6 782.7 619.7 609.1 615.0 633.8 648.8 706.7
Growth +21.8% +5.3% +1.0% −20.8% −1.7% +1.0% +3.1% +2.4% +8.9%
Liabilities
2.6 2.7 1.9 0.2 0.0 0.0 4.5 9.0 0.0 n/a
145.5 269.1 232.1 188.0 173.0 163.0 159.5 159.2 168.7 334.5
calc 148.1 271.8 234.0 188.2 173.0 163.0 164.0 168.2 168.7 334.5
266.9 406.0 388.0 393.9 349.4 352.5 375.1 384.3 392.7 566.6
Equity
305.5 325.2 376.6 428.6 312.8 287.2 240.4 209.8 192.2 216.7
337.4 329.9 386.6 388.9 270.4 256.6 239.9 249.5 256.1 140.1
Growth −2.2% +17.2% +0.6% −30.5% −5.1% −6.5% +4.0% +2.6% −45.3%
Per share and net cash
calc −130.2 −253.9 −217.4 −156.3 −132.6 −133.2 −150.2 −163.5 −159.4 −316.3
n/a n/a n/a n/a n/a 31.9 32.3 n/a n/a n/a
calc n/a n/a n/a n/a n/a 8.05 7.43 n/a n/a n/a

Lines marked calc are worked out here from filed figures; point at one for how.