Astec Industries (ASTE) Financials

$35.20 -0.46 (-1.29%)

As of 10:48 AM Eastern

Annual Income Statements for Astec Industries

This table shows Astec Industries' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-0.10	34	4.30
Consolidated Net Income / (Loss)	-0.60	34	4.10
Net Income / (Loss) Continuing Operations	-0.60	34	4.10
Total Pre-Tax Income	4.40	43	14
Total Operating Income	7.50	49	23
Total Gross Profit	264	331	328
Total Revenue	1,275	1,338	1,305
Operating Revenue	1,275	1,338	1,305
Total Cost of Revenue	1,010	1,007	977
Operating Cost of Revenue	1,010	1,007	977
Total Operating Expenses	257	282	305
Selling, General & Admin Expense	248	276	276
Impairment Charge	0.00	0.00	20
Restructuring Charge	9.00	5.80	8.40
Total Other Income / (Expense), net	-3.10	-5.80	-9.30
Interest Expense	2.50	8.90	11
Interest & Investment Income	1.00	2.10	2.00
Other Income / (Expense), net	-1.60	1.00	-0.60
Income Tax Expense	5.00	9.10	9.80
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.50	0.20	-0.20
Basic Earnings per Share	$0.00	$1.47	$0.19
Weighted Average Basic Shares Outstanding	22.79M	22.72M	22.80M
Diluted Earnings per Share	$0.00	$1.47	$0.19
Weighted Average Diluted Shares Outstanding	22.79M	22.78M	22.85M
Weighted Average Basic & Diluted Shares Outstanding	22.65M	22.74M	22.80M
Cash Dividends to Common per Share	$0.49	$0.52	$0.52

This table shows Astec Industries' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	0.70	-1.00	12	13	-6.60	15	3.40	-14	-6.20	21
Consolidated Net Income / (Loss)	0.50	-1.30	12	13	-6.50	15	3.30	-14	-6.20	21
Net Income / (Loss) Continuing Operations	0.50	-1.30	12	13	-6.50	15	3.30	-14	-6.20	21
Total Pre-Tax Income	1.20	2.90	17	16	-7.10	18	4.70	-14	-8.50	31
Total Operating Income	1.90	3.30	18	17	-5.20	19	6.30	-11	-7.20	35
Total Gross Profit	66	71	89	83	70	89	77	81	67	103
Total Revenue	315	350	348	350	303	337	309	346	291	359
Operating Revenue	315	350	348	350	303	337	309	346	291	359
Total Cost of Revenue	250	279	259	267	234	248	232	264	225	256
Operating Cost of Revenue	250	279	259	267	234	248	232	264	225	256
Total Operating Expenses	64	68	72	66	75	70	71	92	74	68
Selling, General & Admin Expense	64	63	68	65	74	70	71	71	66	68
Restructuring Charge	0.10	4.50	3.70	1.10	0.50	0.50	-0.80	0.70	8.40	0.10
Total Other Income / (Expense), net	-0.70	-0.40	-1.10	-1.40	-1.90	-1.40	-1.60	-3.00	-1.30	-3.40
Interest Expense	0.60	0.90	2.00	2.00	2.40	2.50	2.70	3.10	2.60	2.30
Interest & Investment Income	0.30	0.30	0.50	0.50	0.50	0.60	0.60	0.40	0.50	0.50
Other Income / (Expense), net	-0.40	0.20	0.40	0.10	0.00	0.50	0.50	-0.30	0.80	-1.60
Income Tax Expense	0.70	4.20	4.40	2.70	-0.60	2.60	1.40	0.30	-2.30	10
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.20	-0.30	0.00	0.10	0.10	-	-0.10	0.00	0.00	-0.10
Basic Earnings per Share	$0.03	($0.04)	$0.53	$0.58	($0.29)	$0.65	$0.15	($0.61)	($0.27)	$0.92
Weighted Average Basic Shares Outstanding	22.84M	22.79M	22.66M	22.72M	22.75M	22.72M	22.76M	22.80M	22.82M	22.80M
Diluted Earnings per Share	$0.03	($0.04)	$0.53	$0.58	($0.29)	$0.65	$0.15	($0.61)	($0.27)	$0.92
Weighted Average Diluted Shares Outstanding	22.92M	22.79M	22.74M	22.77M	22.75M	22.78M	22.83M	22.80M	22.82M	22.85M
Weighted Average Basic & Diluted Shares Outstanding	22.71M	22.65M	22.72M	22.74M	22.74M	22.74M	22.77M	22.80M	22.80M	22.80M

This table details how cash moves in and out of Astec Industries' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Net Change in Cash & Equivalents	-68	-2.80	28
Net Cash From Operating Activities	-74	28	23
Net Cash From Continuing Operating Activities	-74	28	23
Net Income / (Loss) Continuing Operations	-0.60	34	4.10
Consolidated Net Income / (Loss)	-0.60	34	4.10
Depreciation Expense	28	26	27
Amortization Expense	0.00	0.30	0.30
Non-Cash Adjustments To Reconcile Net Income	21	7.50	31
Changes in Operating Assets and Liabilities, net	-122	-39	-39
Net Cash From Investing Activities	-53	-13	-18
Net Cash From Continuing Investing Activities	-53	-13	-18
Purchase of Property, Plant & Equipment	-41	-34	-21
Acquisitions	-18	0.00	0.00
Purchase of Investments	-1.00	-1.00	-1.10
Sale of Property, Plant & Equipment	5.70	20	2.30
Sale and/or Maturity of Investments	0.60	1.90	0.90
Other Investing Activities, net	0.00	0.00	0.40
Net Cash From Financing Activities	60	-18	24
Net Cash From Continuing Financing Activities	60	-18	24
Repayment of Debt	-140	-246	-179
Repurchase of Common Equity	-10	0.00	0.00
Payment of Dividends	-11	-12	-12
Issuance of Debt	223	241	216
Other Financing Activities, net	-1.60	-1.30	-0.10
Effect of Exchange Rate Changes	-1.40	0.60	-1.80
Cash Interest Paid	1.10	7.00	8.50
Cash Income Taxes Paid	18	14	8.20

This table details how cash moves in and out of Astec Industries' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-30	45	-24	2.00	29	-11	-5.10	5.10	-7.90	36
Net Cash From Operating Activities	-15	-17	-19	17	-16	47	-47	11	23	37
Net Cash From Continuing Operating Activities	-15	-17	-19	17	-16	47	-47	11	23	37
Net Income / (Loss) Continuing Operations	0.50	-1.30	12	13	-6.50	15	3.30	-14	-6.20	21
Consolidated Net Income / (Loss)	0.50	-1.30	12	13	-6.50	15	3.30	-14	-6.20	21
Depreciation Expense	7.30	7.00	6.30	6.20	7.10	6.00	6.50	6.60	7.00	6.70
Amortization Expense	-	-	0.10	0.10	-	0.10	0.10	0.10	-	0.10
Non-Cash Adjustments To Reconcile Net Income	8.60	-9.00	-3.90	7.80	-7.00	11	10	31	-5.60	-4.30
Changes in Operating Assets and Liabilities, net	-31	-14	-34	-11	-9.90	15	-67	-12	27	13
Net Cash From Investing Activities	-8.10	-8.20	12	-9.20	-6.50	-9.00	-5.90	-6.70	-1.40	-4.00
Net Cash From Continuing Investing Activities	-8.10	-8.20	12	-9.20	-6.50	-9.00	-5.90	-6.70	-1.40	-4.00
Purchase of Property, Plant & Equipment	-8.80	-13	-8.00	-9.10	-7.90	-9.10	-5.80	-7.60	-2.60	-4.50
Purchase of Investments	-0.20	-0.20	-0.20	-0.30	-0.30	-0.20	-0.50	-0.20	-0.20	-0.20
Sale and/or Maturity of Investments	0.40	0.10	-	-	1.60	0.20	-	-	0.20	0.30
Net Cash From Financing Activities	-4.70	69	-16	-5.80	53	-49	48	1.10	-30	4.90
Net Cash From Continuing Financing Activities	-4.70	69	-16	-5.80	53	-49	48	1.10	-30	4.90
Repayment of Debt	-17	-98	-44	-84	-52	-66	-17	-35	-61	-67
Payment of Dividends	-2.80	-2.90	-2.90	-3.00	-3.00	-2.90	-2.90	-3.00	-3.00	-3.00
Issuance of Debt	22	173	32	82	108	19	68	39	33	75
Other Financing Activities, net	-0.20	-	-1.40	-0.20	0.10	0.20	-0.40	-	0.10	0.20
Effect of Exchange Rate Changes	-2.10	2.00	-	-	-	-	-	-	1.00	-2.00
Cash Interest Paid	0.50	0.40	1.20	1.40	2.40	2.00	1.50	2.30	2.70	2.00
Cash Income Taxes Paid	5.60	5.40	0.30	5.20	4.80	3.50	0.20	4.20	1.90	1.90

This table presents Astec Industries' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	1,014	1,059	1,044
Total Current Assets	696	720	723
Cash & Equivalents	66	63	91
Short-Term Investments	3.90	5.70	3.00
Accounts Receivable	174	153	167
Inventories, net	393	456	423
Prepaid Expenses	28	28	30
Current Deferred & Refundable Income Taxes	16	15	9.30
Plant, Property, & Equipment, net	174	188	182
Total Noncurrent Assets	144	152	139
Long-Term Investments	15	14	19
Goodwill	45	46	25
Intangible Assets	23	16	11
Noncurrent Deferred & Refundable Income Taxes	32	38	46
Other Noncurrent Operating Assets	30	38	38
Total Liabilities & Shareholders' Equity	1,014	1,059	1,044
Total Liabilities	388	406	406
Total Current Liabilities	274	299	272
Short-Term Debt	9.60	11	13
Accounts Payable	107	117	79
Accrued Expenses	12	17	16
Customer Deposits	70	70	77
Current Employee Benefit Liabilities	35	44	38
Other Current Liabilities	41	40	48
Total Noncurrent Liabilities	114	107	134
Long-Term Debt	78	72	105
Noncurrent Deferred & Payable Income Tax Liabilities	2.10	1.10	2.40
Other Noncurrent Operating Liabilities	33	34	27
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	627	654	638
Total Preferred & Common Equity	627	653	638
Preferred Stock	0.00	0.00	0.00
Total Common Equity	627	653	638
Common Stock	140	143	148
Retained Earnings	528	549	542
Accumulated Other Comprehensive Income / (Loss)	-40	-38	-51
Other Equity Adjustments	-1.10	-0.80	-0.30
Noncontrolling Interest	0.00	0.30	-0.20

This table presents Astec Industries' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	945	1,008	1,010	1,074	1,123	1,107	1,067
Total Current Assets	650	680	676	746	779	779	740
Cash & Equivalents	21	43	45	74	58	63	55
Short-Term Investments	4.20	3.60	4.00	5.70	5.70	5.20	3.60
Accounts Receivable	167	178	165	178	192	218	175
Inventories, net	396	420	430	450	484	455	466
Prepaid Expenses	23	27	24	21	28	24	25
Current Deferred & Refundable Income Taxes	18	9.10	9.10	17	12	13	15
Plant, Property, & Equipment, net	164	177	180	181	185	187	185
Total Noncurrent Assets	131	151	154	147	159	141	142
Long-Term Investments	16	17	17	14	17	17	19
Goodwill	44	46	46	45	46	26	26
Intangible Assets	24	21	19	18	15	14	13
Noncurrent Deferred & Refundable Income Taxes	28	35	37	34	40	43	45
Other Noncurrent Operating Assets	20	33	35	36	42	42	40
Total Liabilities & Shareholders' Equity	945	1,008	1,010	1,074	1,123	1,107	1,067
Total Liabilities	317	373	363	440	473	474	436
Total Current Liabilities	284	272	264	282	310	311	299
Short-Term Debt	9.00	11	12	7.00	9.60	13	13
Accounts Payable	105	112	109	114	118	103	88
Accrued Expenses	11	12	17	17	16	15	15
Customer Deposits	79	68	58	61	80	89	84
Current Employee Benefit Liabilities	35	35	37	44	36	32	39
Other Current Liabilities	45	35	32	39	51	59	60
Total Noncurrent Liabilities	33	101	99	157	162	163	137
Long-Term Debt	1.30	65	62	122	125	125	99
Noncurrent Deferred & Payable Income Tax Liabilities	3.00	2.20	2.40	2.40	1.30	1.60	1.50
Other Noncurrent Operating Liabilities	28	34	34	33	36	36	36
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	628	636	648	635	651	633	631
Total Preferred & Common Equity	628	636	647	635	650	633	631
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	628	636	647	635	650	633	631
Common Stock	139	140	141	142	144	145	146
Retained Earnings	536	537	547	538	550	533	524
Accumulated Other Comprehensive Income / (Loss)	-46	-40	-40	-44	-43	-44	-38
Other Equity Adjustments	-1.10	-1.10	-1.10	-1.00	-0.80	-0.70	-0.50
Noncontrolling Interest	0.40	0.10	0.20	0.30	0.20	0.00	0.00

This table displays calculated financial ratios and metrics derived from Astec Industries' official financial filings.

Metric	2022	2023	2024
Growth Metrics	-	-	-
Revenue Growth	16.34%	5.00%	-2.47%
EBITDA Growth	-24.22%	123.37%	-34.17%
EBIT Growth	-59.03%	740.68%	-54.44%
NOPAT Growth	-104.46%	3,841.64%	-82.12%
Net Income Growth	-103.77%	5,716.67%	-87.83%
EPS Growth	-100.00%	0.00%	-87.07%
Operating Cash Flow Growth	-1,098.65%	137.62%	-17.27%
Free Cash Flow Firm Growth	-1,615.68%	110.46%	28.88%
Invested Capital Growth	26.17%	3.89%	-1.67%
Revenue Q/Q Growth	6.99%	-0.94%	1.70%
EBITDA Q/Q Growth	75.13%	24.79%	41.19%
EBIT Q/Q Growth	164.13%	47.18%	156.82%
NOPAT Q/Q Growth	26.95%	86.86%	33.92%
Net Income Q/Q Growth	93.48%	92.57%	305.00%
EPS Q/Q Growth	100.00%	88.46%	337.50%
Operating Cash Flow Q/Q Growth	3.65%	177.44%	-30.30%
Free Cash Flow Firm Q/Q Growth	-10.24%	126.57%	82.73%
Invested Capital Q/Q Growth	5.34%	-2.37%	-3.34%
Profitability Metrics	-	-	-
Gross Margin	20.72%	24.72%	25.12%
EBITDA Margin	2.65%	5.64%	3.81%
Operating Margin	0.59%	3.63%	1.78%
EBIT Margin	0.46%	3.71%	1.73%
Profit (Net Income) Margin	-0.05%	2.52%	0.31%
Tax Burden Percent	-13.64%	78.74%	29.50%
Interest Burden Percent	74.58%	86.29%	61.50%
Effective Tax Rate	113.64%	21.26%	70.50%
Return on Invested Capital (ROIC)	-0.18%	5.96%	1.06%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.75%	-288.67%	-90.38%
Return on Net Nonoperating Assets (RNNOA)	0.09%	-0.70%	-0.42%
Return on Equity (ROE)	-0.09%	5.26%	0.64%
Cash Return on Invested Capital (CROIC)	-23.33%	2.14%	2.74%
Operating Return on Assets (OROA)	0.61%	4.78%	2.15%
Return on Assets (ROA)	-0.06%	3.25%	0.39%
Return on Common Equity (ROCE)	-0.09%	5.26%	0.64%
Return on Equity Simple (ROE_SIMPLE)	-0.10%	5.16%	0.64%
Net Operating Profit after Tax (NOPAT)	-1.02	38	6.84
NOPAT Margin	-0.08%	2.86%	0.52%
Net Nonoperating Expense Percent (NNEP)	0.57%	294.63%	91.44%
Return On Investment Capital (ROIC_SIMPLE)	-0.14%	5.19%	0.91%
Cost of Revenue to Revenue	79.28%	75.28%	74.88%
SG&A Expenses to Revenue	19.43%	20.65%	21.16%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	20.13%	21.09%	23.35%
Earnings before Interest and Taxes (EBIT)	5.90	50	23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	34	76	50
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.43	1.28	1.20
Price to Tangible Book Value (P/TBV)	1.61	1.41	1.27
Price to Revenue (P/Rev)	0.71	0.62	0.59
Price to Earnings (P/E)	0.00	24.89	178.17
Dividend Yield	1.57%	1.42%	1.55%
Earnings Yield	0.00%	4.02%	0.56%
Enterprise Value to Invested Capital (EV/IC)	1.43	1.28	1.20
Enterprise Value to Revenue (EV/Rev)	0.71	0.62	0.59
Enterprise Value to EBITDA (EV/EBITDA)	26.67	11.05	15.52
Enterprise Value to EBIT (EV/EBIT)	152.79	16.83	34.14
Enterprise Value to NOPAT (EV/NOPAT)	0.00	21.81	112.75
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	30.02	33.55
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	60.62	43.48
Leverage & Solvency	-	-	-
Debt to Equity	0.14	0.13	0.19
Long-Term Debt to Equity	0.12	0.11	0.16
Financial Leverage	-0.12	0.00	0.00
Leverage Ratio	1.50	1.62	1.63
Compound Leverage Factor	1.12	1.40	1.00
Debt to Total Capital	12.27%	11.28%	15.65%
Short-Term Debt to Total Capital	1.34%	1.51%	1.76%
Long-Term Debt to Total Capital	10.93%	9.77%	13.89%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.04%	-0.03%
Common Equity to Total Capital	87.73%	88.68%	84.38%
Debt to EBITDA	2.59	1.10	2.38
Net Debt to EBITDA	0.08	0.01	0.11
Long-Term Debt to EBITDA	2.31	0.95	2.11
Debt to NOPAT	-85.75	2.17	17.29
Net Debt to NOPAT	-2.64	0.01	0.82
Long-Term Debt to NOPAT	-76.36	1.88	15.34
Altman Z-Score	3.90	3.85	3.70
Noncontrolling Interest Sharing Ratio	0.04%	0.02%	0.01%
Liquidity Ratios	-	-	-
Current Ratio	2.54	2.41	2.66
Quick Ratio	0.89	0.74	0.96
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-132	14	18
Operating Cash Flow to CapEx	-211.14%	201.45%	126.37%
Free Cash Flow to Firm to Interest Expense	-52.65	1.55	1.66
Operating Cash Flow to Interest Expense	-29.56	3.12	2.15
Operating Cash Flow Less CapEx to Interest Expense	-43.56	1.57	0.45
Efficiency Ratios	-	-	-
Asset Turnover	1.33	1.29	1.24
Accounts Receivable Turnover	8.00	8.20	8.16
Inventory Turnover	2.92	2.37	2.23
Fixed Asset Turnover	7.38	7.41	7.06
Accounts Payable Turnover	10.67	8.99	9.97
Days Sales Outstanding (DSO)	45.65	44.50	44.73
Days Inventory Outstanding (DIO)	125.01	153.80	164.03
Days Payable Outstanding (DPO)	34.21	40.60	36.62
Cash Conversion Cycle (CCC)	136.45	157.71	172.14
Capital & Investment Metrics	-	-	-
Invested Capital	630	654	643
Invested Capital Turnover	2.26	2.08	2.01
Increase / (Decrease) in Invested Capital	131	25	-11
Enterprise Value (EV)	901	835	772
Market Capitalization	899	834	766
Book Value per Share	$27.60	$28.73	$27.97
Tangible Book Value per Share	$24.62	$25.98	$26.38
Total Capital	715	737	756
Total Debt	88	83	118
Total Long-Term Debt	78	72	105
Net Debt	2.70	0.40	5.60
Capital Expenditures (CapEx)	35	14	18
Debt-free, Cash-free Net Working Capital (DFCFNWC)	362	363	371
Debt-free Net Working Capital (DFNWC)	432	432	464
Net Working Capital (NWC)	422	421	451
Net Nonoperating Expense (NNE)	-0.42	4.57	2.74
Net Nonoperating Obligations (NNO)	2.70	0.40	5.60
Total Depreciation and Amortization (D&A)	28	26	27
Debt-free, Cash-free Net Working Capital to Revenue	28.41%	27.10%	28.40%
Debt-free Net Working Capital to Revenue	33.90%	32.25%	35.58%
Net Working Capital to Revenue	33.14%	31.42%	34.56%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.00	$1.47	$0.19
Adjusted Weighted Average Basic Shares Outstanding	22.79M	22.72M	22.80M
Adjusted Diluted Earnings per Share	$0.00	$1.47	$0.19
Adjusted Weighted Average Diluted Shares Outstanding	22.79M	22.78M	22.85M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	22.65M	22.74M	22.80M
Normalized Net Operating Profit after Tax (NOPAT)	12	43	36
Normalized NOPAT Margin	0.91%	3.20%	2.78%
Pre Tax Income Margin	0.35%	3.20%	1.07%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	2.36	5.57	2.11
NOPAT to Interest Expense	-0.41	4.30	0.64
EBIT Less CapEx to Interest Expense	-11.64	4.02	0.41
NOPAT Less CapEx to Interest Expense	-14.41	2.75	-1.06
Payout Ratios	-	-	-
Dividend Payout Ratio	-1,866.67%	35.01%	290.24%
Augmented Payout Ratio	-3,550.00%	35.01%	290.24%

This table displays calculated financial ratios and metrics derived from Astec Industries' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	18.10%	31.25%	19.47%	9.99%	-3.84%	-3.63%	-11.12%	-1.29%	-3.86%	6.47%
EBITDA Growth	-35.77%	362.50%	105.04%	811.54%	-78.41%	142.86%	-45.08%	-118.14%	-68.42%	56.86%
EBIT Growth	-75.81%	130.17%	246.15%	504.65%	-446.67%	454.29%	-62.22%	-163.22%	-23.08%	71.13%
NOPAT Growth	-91.48%	65.91%	293.50%	1,306.91%	-559.79%	1,187.80%	-65.73%	-152.15%	-38.46%	44.63%
Net Income Growth	-94.44%	86.87%	195.12%	438.46%	-1,400.00%	1,246.15%	-72.73%	-206.06%	4.62%	40.94%
EPS Growth	-92.31%	90.70%	194.44%	441.18%	-1,066.67%	1,725.00%	-71.70%	-205.17%	6.90%	41.54%
Operating Cash Flow Growth	-365.63%	14.07%	-100.00%	151.70%	-9.40%	372.51%	-144.79%	-34.73%	238.04%	-21.46%
Free Cash Flow Firm Growth	-531.24%	-278.02%	-65.18%	46.11%	35.21%	93.63%	50.78%	39.44%	99.42%	506.44%
Invested Capital Growth	24.60%	26.17%	22.12%	13.23%	12.10%	3.89%	8.62%	4.61%	-0.69%	-1.67%
Revenue Q/Q Growth	-0.94%	11.01%	-0.57%	0.60%	-13.40%	11.25%	-8.30%	11.74%	-15.66%	23.20%
EBITDA Q/Q Growth	238.46%	19.32%	132.38%	-2.87%	-91.98%	1,242.11%	-47.45%	-132.09%	113.95%	6,566.67%
EBIT Q/Q Growth	134.88%	133.33%	414.29%	-3.33%	-129.89%	473.08%	-64.95%	-261.76%	41.82%	618.75%
NOPAT Q/Q Growth	166.53%	-286.86%	972.48%	11.28%	-125.34%	542.09%	-72.51%	-269.33%	32.71%	561.78%
Net Income Q/Q Growth	112.82%	-360.00%	1,030.77%	9.09%	-149.24%	329.23%	-77.85%	-524.24%	55.71%	438.71%
EPS Q/Q Growth	117.65%	-233.33%	1,425.00%	9.43%	-150.00%	324.14%	-76.92%	-506.67%	55.74%	440.74%
Operating Cash Flow Q/Q Growth	53.87%	-14.77%	-12.28%	186.98%	-197.60%	385.89%	-200.86%	123.19%	106.42%	62.67%
Free Cash Flow Firm Q/Q Growth	-1.49%	-12.69%	20.81%	40.50%	-22.02%	88.93%	-512.23%	26.78%	98.83%	7,866.79%
Invested Capital Q/Q Growth	3.21%	5.34%	3.02%	1.09%	2.18%	-2.37%	7.71%	-2.64%	-2.99%	-3.34%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	20.78%	20.29%	25.64%	23.69%	22.96%	26.42%	24.87%	23.53%	22.92%	28.66%
EBITDA Margin	2.79%	3.00%	7.01%	6.77%	0.63%	7.56%	4.33%	-1.24%	0.21%	11.14%
Operating Margin	0.60%	0.94%	5.06%	4.94%	-1.72%	5.61%	2.04%	-3.10%	-2.47%	9.69%
EBIT Margin	0.48%	1.00%	5.17%	4.97%	-1.72%	5.75%	2.20%	-3.18%	-2.20%	9.25%
Profit (Net Income) Margin	0.16%	-0.37%	3.48%	3.77%	-2.14%	4.42%	1.07%	-4.05%	-2.13%	5.85%
Tax Burden Percent	41.67%	-44.83%	73.33%	83.02%	91.55%	85.14%	70.21%	102.19%	72.94%	66.88%
Interest Burden Percent	80.00%	82.86%	91.67%	91.38%	136.54%	90.21%	69.12%	124.55%	132.81%	94.58%
Effective Tax Rate	58.33%	144.83%	26.67%	16.98%	0.00%	14.86%	29.79%	0.00%	0.00%	33.12%
Return on Invested Capital (ROIC)	0.56%	-0.95%	8.37%	9.06%	-2.56%	9.95%	2.75%	-4.19%	-3.32%	13.04%
ROIC Less NNEP Spread (ROIC-NNEP)	0.83%	-1.19%	9.80%	13.17%	-121.73%	-66.95%	-0.61%	-25.60%	-6.68%	-62.75%
Return on Net Nonoperating Assets (RNNOA)	-0.14%	0.14%	-0.86%	-0.58%	-0.46%	-0.16%	-0.03%	-1.22%	-0.36%	-0.29%
Return on Equity (ROE)	0.42%	-0.82%	7.51%	8.48%	-3.02%	9.79%	2.72%	-5.40%	-3.69%	12.75%
Cash Return on Invested Capital (CROIC)	-22.16%	-23.33%	-18.26%	-8.05%	-8.18%	2.14%	-3.83%	-6.78%	1.45%	2.74%
Operating Return on Assets (OROA)	0.61%	1.33%	7.06%	6.91%	-2.30%	7.43%	2.68%	-3.89%	-2.63%	11.48%
Return on Assets (ROA)	0.20%	-0.49%	4.74%	5.24%	-2.87%	5.70%	1.30%	-4.96%	-2.55%	7.26%
Return on Common Equity (ROCE)	0.42%	-0.81%	7.51%	8.48%	-3.02%	9.79%	2.72%	-5.40%	-3.69%	12.75%
Return on Equity Simple (ROE_SIMPLE)	-1.47%	0.00%	1.16%	3.79%	2.76%	0.00%	3.83%	-0.36%	-0.32%	0.00%
Net Operating Profit after Tax (NOPAT)	0.79	-1.48	13	14	-3.64	16	4.42	-7.49	-5.04	23
NOPAT Margin	0.25%	-0.42%	3.71%	4.10%	-1.20%	4.77%	1.43%	-2.17%	-1.73%	6.48%
Net Nonoperating Expense Percent (NNEP)	-0.27%	0.24%	-1.42%	-4.11%	119.17%	76.90%	3.35%	21.41%	3.35%	75.80%
Return On Investment Capital (ROIC_SIMPLE)	-	-0.21%	-	-	-	2.18%	-	-	-	3.08%
Cost of Revenue to Revenue	79.22%	79.71%	74.36%	76.31%	77.04%	73.58%	75.13%	76.47%	77.08%	71.34%
SG&A Expenses to Revenue	20.15%	18.06%	19.52%	18.43%	24.51%	20.67%	23.09%	20.58%	22.51%	18.94%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	20.18%	19.35%	20.58%	18.74%	24.68%	20.82%	22.83%	26.63%	25.39%	18.97%
Earnings before Interest and Taxes (EBIT)	1.50	3.50	18	17	-5.20	19	6.80	-11	-6.40	33
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	8.80	11	24	24	1.90	26	13	-4.30	0.60	40
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.10	1.43	1.44	1.57	1.66	1.28	1.52	1.06	1.15	1.20
Price to Tangible Book Value (P/TBV)	1.24	1.61	1.61	1.74	1.85	1.41	1.67	1.13	1.23	1.27
Price to Revenue (P/Rev)	0.58	0.71	0.69	0.74	0.78	0.62	0.76	0.52	0.57	0.59
Price to Earnings (P/E)	0.00	0.00	115.82	40.73	59.94	24.89	39.77	0.00	0.00	178.17
Dividend Yield	1.59%	1.57%	1.56%	1.43%	1.40%	1.42%	1.20%	1.76%	1.63%	1.55%
Earnings Yield	0.00%	0.00%	0.86%	2.46%	1.67%	4.02%	2.51%	0.00%	0.00%	0.56%
Enterprise Value to Invested Capital (EV/IC)	1.11	1.43	1.43	1.56	1.63	1.28	1.48	1.06	1.15	1.20
Enterprise Value to Revenue (EV/Rev)	0.56	0.71	0.70	0.75	0.81	0.62	0.80	0.56	0.59	0.59
Enterprise Value to EBITDA (EV/EBITDA)	34.31	26.67	20.04	15.17	18.02	11.05	16.13	19.86	21.65	15.52
Enterprise Value to EBIT (EV/EBIT)	0.00	152.79	49.63	25.31	32.36	16.83	27.09	72.51	86.62	34.14
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	94.50	37.99	53.25	21.81	34.73	0.00	149.17	112.75
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	30.02	0.00	0.00	23.10	33.55
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	60.62	0.00	0.00	78.50	43.48
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.02	0.14	0.12	0.11	0.20	0.13	0.21	0.22	0.18	0.19
Long-Term Debt to Equity	0.00	0.12	0.10	0.10	0.19	0.11	0.19	0.20	0.16	0.16
Financial Leverage	-0.17	-0.12	-0.09	-0.04	0.00	0.00	0.05	0.05	0.05	0.00
Leverage Ratio	1.44	1.50	1.51	1.52	1.60	1.62	1.66	1.65	1.69	1.63
Compound Leverage Factor	1.15	1.24	1.38	1.39	2.18	1.46	1.15	2.06	2.25	1.54
Debt to Total Capital	1.61%	12.27%	10.68%	10.22%	16.89%	11.28%	17.14%	17.91%	15.02%	15.65%
Short-Term Debt to Total Capital	1.41%	1.34%	1.55%	1.62%	0.92%	1.51%	1.22%	1.71%	1.70%	1.76%
Long-Term Debt to Total Capital	0.20%	10.93%	9.13%	8.60%	15.97%	9.77%	15.92%	16.20%	13.32%	13.89%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.06%	0.00%	0.01%	0.03%	0.04%	0.04%	0.03%	0.00%	0.00%	-0.03%
Common Equity to Total Capital	98.32%	87.73%	89.31%	89.75%	83.07%	88.68%	82.83%	82.09%	84.98%	84.38%
Debt to EBITDA	0.53	2.59	1.64	1.09	2.13	1.10	2.09	3.79	3.17	2.38
Net Debt to EBITDA	-1.58	0.08	0.28	0.12	0.58	0.01	0.84	1.44	0.97	0.11
Long-Term Debt to EBITDA	0.07	2.31	1.40	0.92	2.02	0.95	1.94	3.42	2.81	2.11
Debt to NOPAT	-7.36	-85.75	7.74	2.74	6.30	2.17	4.49	-9.05	21.84	17.29
Net Debt to NOPAT	21.71	-2.64	1.32	0.30	1.72	0.01	1.80	-3.44	6.65	0.82
Long-Term Debt to NOPAT	-0.93	-76.36	6.62	2.30	5.96	1.88	4.17	-8.18	19.37	15.34
Altman Z-Score	3.84	3.89	4.08	4.33	3.90	3.76	3.62	3.17	3.37	3.73
Noncontrolling Interest Sharing Ratio	0.06%	0.04%	0.05%	0.06%	0.06%	0.02%	0.02%	0.02%	0.02%	0.01%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.29	2.54	2.50	2.56	2.64	2.41	2.51	2.50	2.47	2.66
Quick Ratio	0.68	0.89	0.82	0.81	0.91	0.74	0.82	0.92	0.78	0.96
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-117	-132	-105	-62	-76	-8.41	-51	-38	-0.44	34
Operating Cash Flow to CapEx	-179.52%	-211.11%	0.00%	185.56%	-208.97%	517.78%	-870.37%	157.97%	1,607.14%	813.33%
Free Cash Flow to Firm to Interest Expense	-195.35	-146.75	-52.30	-31.12	-31.64	-3.36	-19.07	-12.16	-0.17	14.86
Operating Cash Flow to Interest Expense	-24.83	-19.00	-9.60	8.35	-6.79	18.64	-17.41	3.52	8.65	15.91
Operating Cash Flow Less CapEx to Interest Expense	-38.67	-28.00	-3.60	3.85	-10.04	15.04	-19.41	1.29	8.12	13.96
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.28	1.33	1.36	1.39	1.34	1.29	1.22	1.22	1.20	1.24
Accounts Receivable Turnover	7.53	8.00	8.30	8.21	7.83	8.20	7.02	6.77	7.26	8.16
Inventory Turnover	2.78	2.92	2.70	2.63	2.45	2.37	2.17	2.21	2.12	2.23
Fixed Asset Turnover	7.19	7.38	7.81	7.95	7.84	7.41	7.19	7.05	7.01	7.06
Accounts Payable Turnover	10.31	10.67	9.85	9.88	9.46	8.99	8.54	9.24	9.59	9.97
Days Sales Outstanding (DSO)	48.47	45.65	43.97	44.45	46.61	44.50	51.96	53.93	50.24	44.73
Days Inventory Outstanding (DIO)	131.20	125.01	135.31	138.57	148.80	153.80	168.19	165.09	172.58	164.03
Days Payable Outstanding (DPO)	35.39	34.21	37.06	36.95	38.60	40.60	42.75	39.52	38.06	36.62
Cash Conversion Cycle (CCC)	144.28	136.45	142.22	146.07	156.81	157.71	177.41	179.51	184.76	172.14
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	598	630	649	656	670	654	705	686	665	643
Invested Capital Turnover	2.21	2.26	2.26	2.21	2.13	2.08	1.92	1.93	1.92	2.01
Increase / (Decrease) in Invested Capital	118	131	118	77	72	25	56	30	-4.60	-11
Enterprise Value (EV)	662	901	928	1,023	1,090	835	1,040	725	762	772
Market Capitalization	692	899	915	1,014	1,055	834	986	672	728	766
Book Value per Share	$27.45	$27.60	$28.06	$28.50	$27.91	$28.73	$28.57	$27.82	$27.69	$27.97
Tangible Book Value per Share	$24.49	$24.62	$25.11	$25.63	$25.14	$25.98	$25.90	$26.09	$26.00	$26.38
Total Capital	638	715	712	721	764	737	785	772	743	756
Total Debt	10	88	76	74	129	83	135	138	112	118
Total Long-Term Debt	1.30	78	65	62	122	72	125	125	99	105
Net Debt	-30	2.70	13	8.20	35	0.40	54	53	34	5.60
Capital Expenditures (CapEx)	8.30	8.10	-12	9.00	7.80	9.00	5.40	6.90	1.40	4.50
Debt-free, Cash-free Net Working Capital (DFCFNWC)	350	362	373	375	392	363	414	412	395	371
Debt-free Net Working Capital (DFNWC)	375	432	419	424	471	432	478	481	454	464
Net Working Capital (NWC)	366	422	408	412	464	421	468	468	441	451
Net Nonoperating Expense (NNE)	0.29	-0.18	0.81	1.16	2.86	1.19	1.12	6.51	1.16	2.27
Net Nonoperating Obligations (NNO)	-30	2.70	13	8.20	35	0.40	54	53	34	5.60
Total Depreciation and Amortization (D&A)	7.30	7.00	6.40	6.30	7.10	6.10	6.60	6.70	7.00	6.80
Debt-free, Cash-free Net Working Capital to Revenue	29.36%	28.41%	28.04%	27.51%	28.99%	27.10%	31.87%	31.85%	30.75%	28.40%
Debt-free Net Working Capital to Revenue	31.46%	33.90%	31.51%	31.07%	34.87%	32.25%	36.78%	37.13%	35.34%	35.58%
Net Working Capital to Revenue	30.70%	33.14%	30.68%	30.21%	34.35%	31.42%	36.04%	36.11%	34.36%	34.56%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.03	($0.04)	$0.53	$0.58	($0.29)	$0.65	$0.15	($0.61)	($0.27)	$0.92
Adjusted Weighted Average Basic Shares Outstanding	22.84M	22.79M	22.66M	22.72M	22.75M	22.72M	22.76M	22.80M	22.82M	22.80M
Adjusted Diluted Earnings per Share	$0.03	($0.04)	$0.53	$0.58	($0.29)	$0.65	$0.15	($0.61)	($0.27)	$0.92
Adjusted Weighted Average Diluted Shares Outstanding	22.92M	22.79M	22.74M	22.77M	22.75M	22.78M	22.83M	22.80M	22.82M	22.85M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	22.71M	22.65M	22.72M	22.74M	22.74M	22.74M	22.77M	22.80M	22.80M	22.80M
Normalized Net Operating Profit after Tax (NOPAT)	1.40	5.46	16	15	-3.29	17	3.86	7.14	0.84	23
Normalized NOPAT Margin	0.44%	1.56%	4.49%	4.36%	-1.09%	4.90%	1.25%	2.07%	0.29%	6.50%
Pre Tax Income Margin	0.38%	0.83%	4.74%	4.54%	-2.34%	5.19%	1.52%	-3.97%	-2.92%	8.75%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.50	3.89	9.00	8.70	-2.17	7.76	2.52	-3.55	-2.46	14.43
NOPAT to Interest Expense	1.32	-1.64	6.45	7.18	-1.52	6.44	1.64	-2.42	-1.94	10.12
EBIT Less CapEx to Interest Expense	-11.33	-5.11	15.00	4.20	-5.42	4.16	0.52	-5.77	-3.00	12.48
NOPAT Less CapEx to Interest Expense	-12.51	-10.64	12.45	2.68	-4.77	2.84	-0.36	-4.64	-2.48	8.16
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-119.57%	-1,866.67%	152.70%	47.35%	67.43%	35.01%	47.39%	-513.04%	-590.00%	290.24%
Augmented Payout Ratio	-185.87%	-3,550.00%	152.70%	47.35%	67.43%	35.01%	47.39%	-513.04%	-590.00%	290.24%

Frequently Asked Questions About Astec Industries' Financials

When does Astec Industries's fiscal year end?

According to the most recent income statement we have on file, Astec Industries' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Astec Industries' net income changed over the last 2 years?

Astec Industries' net income appears to be on an upward trend, with a most recent value of $4.10 million in 2024, falling from -$600 thousand in 2022. The previous period was $33.70 million in 2023.

What is Astec Industries's operating income?

Astec Industries's total operating income in 2024 was $23.20 million, based on the following breakdown:

Total Gross Profit: $327.90 million
Total Operating Expenses: $304.70 million

How has Astec Industries revenue changed over the last 2 years?

Over the last 2 years, Astec Industries' total revenue changed from $1.27 billion in 2022 to $1.31 billion in 2024, a change of 2.4%.

How much debt does Astec Industries have?

Astec Industries' total liabilities were at $406 million at the end of 2024, a 0.1% increase from 2023, and a 4.8% increase since 2022.

How much cash does Astec Industries have?

In the past 2 years, Astec Industries' cash and equivalents has ranged from $63.20 million in 2023 to $90.80 million in 2024, and is currently $90.80 million as of their latest financial filing in 2024.

How has Astec Industries' book value per share changed over the last 2 years?

Over the last 2 years, Astec Industries' book value per share changed from 27.60 in 2022 to 27.97 in 2024, a change of 1.3%.

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This page (NASDAQ:ASTE) was last updated on 4/25/2025 by MarketBeat.com Staff

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Astec Industries (ASTE) Financials

Frequently Asked Questions About Astec Industries' Financials

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Astec Industries (ASTE) Financials

Annual Income Statements for Astec Industries

Quarterly Income Statements for Astec Industries

Annual Cash Flow Statements for Astec Industries

Quarterly Cash Flow Statements for Astec Industries

Annual Balance Sheets for Astec Industries

Quarterly Balance Sheets for Astec Industries

Annual Metrics and Ratios for Astec Industries

Quarterly Metrics and Ratios for Astec Industries

Frequently Asked Questions About Astec Industries' Financials

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