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Astronics Corporation logo

Astronics Corporation

ATRO

NASDAQIndustrialsAerospace & Defense

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$78.00

+$1.94 · +2.55%

Aug 21, 4:00 PM ET

ATRO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

46

Fair Value

Momentum

68

Gaining

Sentiment

58

Mixed

Risk resilience

51

Elevated Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

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.

Industry
Aerospace & Defense
Sector
Industrials
Headquarters
US
CEO
Peter J. Gundermann
Listed since
Mar 17, 1980
Employees
2,700

Market position

Day range

Current $78.00

52-week range

Current $78.00

Open
$76.87
Previous close
$76.06
Volume
528.59K
0.76× average
Average volume
696.59K
Average daily volume
Market cap
3B USD
Beta
1.2
Market reference 1
50-day average
$76.2395
+2.31% above average
200-day average
$60.1284
+29.72% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.1B USD
P/E (TTM)
38.24×
P/B (TTM)
18.31×
P/S (TTM)
3.18×
EV / EBITDA
31.65×
Earnings yield
1.69%
Free cash flow yield
2.48%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
32.54%
Operating margin
13.66%
Net margin
8.40%
Return on equity
20.96%
Return on assets
4.15%
Return on invested capital
12.29%

Financial health

Debt / equity
1.78×
Current ratio
3.1×
Altman Z-score
5.35
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends34%19%4%-10%Gross margin, FY2021: 14.69%Gross margin, FY2022: 13.37%Gross margin, FY2023: 17.53%Gross margin, FY2024: 21.16%Gross margin, FY2025: 29.94%Operating margin, FY2021: -6.44%Operating margin, FY2022: -5.62%Operating margin, FY2023: -0.97%Operating margin, FY2024: 3.33%Operating margin, FY2025: 8.86%Net margin, FY2021: -5.75%Net margin, FY2022: -6.68%Net margin, FY2023: -3.83%Net margin, FY2024: -2.04%Net margin, FY2025: 3.41%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 14.69%. Gross margin FY2022 13.37%. Gross margin FY2023 17.53%. Gross margin FY2024 21.16%. Gross margin FY2025 29.94%. Operating margin FY2021 -6.44%. Operating margin FY2022 -5.62%. Operating margin FY2023 -0.97%. Operating margin FY2024 3.33%. Operating margin FY2025 8.86%. Net margin FY2021 -5.75%. Net margin FY2022 -6.68%. Net margin FY2023 -3.83%. Net margin FY2024 -2.04%. Net margin FY2025 3.41%.

Income trends

Revenue

862.13M USD+8.39%

Operating income

76.41M USD+188.72%

Net income

29.36M USD+45.57M USD
Income trends across reported periods951.92M USD592.77M USD233.62M USD−125.53M USDRevenue, FY2021: 444.91M USDRevenue, FY2022: 534.89M USDRevenue, FY2023: 689.21M USDRevenue, FY2024: 795.43M USDRevenue, FY2025: 862.13M USDOperating income, FY2021: −28.67M USDOperating income, FY2022: −30.04M USDOperating income, FY2023: −6.67M USDOperating income, FY2024: 26.47M USDOperating income, FY2025: 76.41M USDNet income, FY2021: −25.58M USDNet income, FY2022: −35.75M USDNet income, FY2023: −26.42M USDNet income, FY2024: −16.22M USDNet income, FY2025: 29.36M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 444.91M USD. Revenue FY2022 534.89M USD. Revenue FY2023 689.21M USD. Revenue FY2024 795.43M USD. Revenue FY2025 862.13M USD. Operating income FY2021 −28.67M USD. Operating income FY2022 −30.04M USD. Operating income FY2023 −6.67M USD. Operating income FY2024 26.47M USD. Operating income FY2025 76.41M USD. Net income FY2021 −25.58M USD. Net income FY2022 −35.75M USD. Net income FY2023 −26.42M USD. Net income FY2024 −16.22M USD. Net income FY2025 29.36M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue862.13M USD795.43M USD689.21M USD534.89M USD444.91M USD
Cost of goods sold603.97M USD627.08M USD568.41M USD463.35M USD379.55M USD
Gross profit258.16M USD168.34M USD120.8M USD71.54M USD65.36M USD
Research and development43.48M USD————
Selling, general, and administrative121.25M USD141.88M USD127.47M USD101.58M USD99.05M USD
Operating expenses181.75M USD141.88M USD127.47M USD101.58M USD94.04M USD
Interest expense12.56M USD22M USD———
Depreciation and amortization21.84M USD24.47M USD26.1M USD27.78M USD29.01M USD
Operating income76.41M USD26.47M USD−6.67M USD−30.04M USD−28.67M USD
Net income29.36M USD−16.22M USD−26.42M USD−35.75M USD−25.58M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
-26.66%
11 comparable reports
Latest EPS result
0.7
Estimate 0.59 · Beat by 18.64%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.780.480.18-0.13Q1 '25MissQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 4, 2025: actual -0.064, estimate 0.2, surprise -131.91%, Miss. Q2 2025, reported May 6, 2025: actual 0.37, estimate 0.21, surprise +76.19%, Beat. Q3 2025, reported Aug 6, 2025: actual 0.04, estimate 0.28, surprise -85.71%, Miss. Q4 2025, reported Nov 4, 2025: actual 0.41, estimate 0.35, surprise +17.14%, Beat. Q1 2026, reported Feb 24, 2026: actual 0.63, estimate 0.52, surprise +21.15%, Beat. Q2 2026, reported May 12, 2026: actual 0.49, estimate 0.46, surprise +6.52%, Beat. Q3 2026, reported Aug 11, 2026: actual 0.7, estimate 0.59, surprise +18.64%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 0.718, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates278.08M245.8M213.51M181.23MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 4, 2025: actual 208.54M USD, estimate 194.91M USD, surprise +6.99%, Beat. Q2 2025, reported May 6, 2025: actual 205.94M USD, estimate 191.92M USD, surprise +7.30%, Beat. Q3 2025, reported Aug 6, 2025: actual 204.68M USD, estimate 208.29M USD, surprise -1.74%, Miss. Q4 2025, reported Nov 4, 2025: actual 211.45M USD, estimate 212.5M USD, surprise -0.50%, Miss. Q1 2026, reported Feb 24, 2026: actual 240.07M USD, estimate 237.16M USD, surprise +1.23%, Beat. Q2 2026, reported May 12, 2026: actual 230.62M USD, estimate 225.52M USD, surprise +2.26%, Beat. Q3 2026, reported Aug 11, 2026: actual 259.96M USD, estimate 245.3M USD, surprise +5.97%, Beat. Q4 2026, reported Nov 3, 2026: actual —, estimate 267.39M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$107

37.18% upside
Past 12 months12-month forecastHigh $107Average $107Low $107

Rating distribution

14 ratings
Strong buy00%
Buy1286%
Hold17%
Sell17%
Strong sell00%

Recent analyst actions

2 institutions
TD CowenmaintainBuy

ATRO news

zacks.com

Astronics Corporation (ATRO) Is Up 20.19% in One Week: What You Should Know

Does Astronics Corporation (ATRO) have what it takes to be a top stock pick for momentum investors? Let's find out.

Read source
seekingalpha.com

Astronics: Strong Q2, Expanding Margins, And Record Backlog Make It A Buy

Astronics is a buy, supported by strong Q2 results, record bookings, and expanding margins in specialized aerospace niches. ATRO delivered 27% YoY revenue growth, record net income, and raised full-year guidance to…

Read source
zacks.com

Why Astronics (ATRO) Might be Well Poised for a Surge

Astronics Corporation (ATRO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Read source
zacks.com

Astronics (ATRO) Is a Great Choice for 'Trend' Investors, Here's Why

Astronics (ATRO) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading…

Read source
fool.com

Why Astronics Stock Popped Today

Business is going great at Astronics right now -- but what about the stock price?

Read source
zacks.com

Astronics Corporation Q2 Earnings Call Points to Further Margin Gains

ATRO raises 2026 revenue guidance to $1.02B-$1.04B as record bookings, margin gains and the Army radio test ramp support second-half momentum.

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.0073

1988 complete year-1.0% since 1984

Corporate action history

Dividend

Ex-dividend Oct 25, 2012

$4.7124

Annual

Dividend

Ex-dividend Oct 2, 2008

$7.26

Annual

Dividend

Ex-dividend Mar 17, 2003

$3.927

Annual

Dividend

Ex-dividend Nov 14, 2001

$5.0332

Annual

Dividend

Ex-dividend Oct 13, 2000

$1.188

Annual

Dividend

Ex-dividend Jan 25, 1995

$0.0026

Annual

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ETFs holding ATRO

Funds reporting this stock among their holdings, ordered by reported position size.

State Street SPDR S&P Aerospace & Defense ETF logoState Street SPDR S&P Aerospace & Defense ETFXAR
Market value
125.77M
Weight
2.03%
AUM
6.19B USD
Expense ratio
0.35%
Price / 1D
$272.74+0.35%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
80.52M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
62.73M
Weight
0.08%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Gabelli Commercial Aerospace and Defense ETF logoGabelli Commercial Aerospace and Defense ETFGCAD
Market value
57.61M
Weight
2.31%
AUM
24.9M USD
Expense ratio
0.90%
Price / 1D
$53.44-0.27%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
29.17M
Weight
0.03%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares U.S. Aerospace & Defense ETF logoiShares U.S. Aerospace & Defense ETFITA
Market value
24.59M
Weight
0.17%
AUM
14.27B USD
Expense ratio
0.37%
Price / 1D
$237.34-0.09%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
22.78M
Weight
0.15%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$387.37+1.24%
Schwab U.S. Small-Cap ETF logoSchwab U.S. Small-Cap ETFSCHA
Market value
13.94M
Weight
0.06%
AUM
23.1B USD
Expense ratio
0.03%
Price / 1D
$34.83+0.52%

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