Stocks · Industrials · Aerospace & Defense

Astronics Corporation ATRO

$68.41 +0.32% Close, Oct 5, 2026 · NASDAQ · Market cap $2.62B

Strong growth

Next earnings report: Nov 3, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. The diluted share count rose 28.0% in a year.
  2. Operating margin widened to 13.7% from 4.3% a year earlier.
  3. Net debt is 3.0× EBITDA, a high level of leverage.

PromtFinance scores

Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.

Growth94Exceptional

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 30%
  • FCF growth (TTM, YoY)Top 20%
  • Revenue growth, 3-year CAGRTop 17%
  • Revenue growth accelerationTop 18%
Quality69Positive

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 6%
  • Gross marginTop 39%
  • Operating marginTop 27%
  • Cash conversion (OCF / net income)Bottom 36%
  • Accruals (lower is better)Bottom 41%
  • Net debt / EBITDA (lower is better)Bottom 30%
  • Interest coverTop 21%
Value33Weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 48%
  • Free-cash-flow yieldBottom 41%
  • EBITDA / enterprise valueBottom 32%
  • Sales / enterprise valueBottom 34%
Momentum75Positive

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 5%
  • 6-month returnTop 34%
  • 1-year return vs S&P 500Top 8%
  • Distance from 52-week highBottom 45%
  • Trend checklist (0–4)Top 41%
Revisions84Strong

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 27%
  • Consecutive EPS beatsTop 28%
  • Share of analysts rating BuyTop 12%
  • Upside to consensus price targetBottom 37%
Stability52Neutral

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 31%
  • Maximum drawdown, 3 yearsTop 18%
  • Beta vs S&P 500 (lower is better)Top 37%
  • Net debt / EBITDA (lower is better)Bottom 30%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)8.6%14.5%↑
Gross margin25.1%32.5%↑
Operating margin4.3%13.7%↑
FCF margin4.4%6.5%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)14.5%8.6%↑Top 30%
Gross margin32.5%25.1%↑Top 39%
Operating margin13.7%4.3%↑Top 27%
Net margin8.4%-0.5%↑—
Free-cash-flow margin6.5%4.4%↑—
Return on invested capital20.4%—Top 6%
Revenue growth, 3-year CAGR17.2%—Top 17%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
1.31×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-3.2%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.7%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+7.7 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
3.04×
Interest cover (operating income / interest)How many times operating profit covers interest.
11.7×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
0.21%
Shareholder yield
0.21%
Share count change, 1 year
+28.0%
Share count change, 3-year CAGR
+12.6%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jul 4, 2026 (filed Aug 12, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
4
Beats in the last 8 reports
6 of 8
Average EPS surprise, last 4
+15.9%
Average 2-day reaction, last 8
+1.6%
Positive 20 days after report
6 of 8

Analysts

Consensus price target
$83.50
Target vs current price
+22.1%
Analysts with a rating
14
Share rating Buy or Strong Buy
86%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 11, 2026+18.6%-0.7%+23.3%+0.7%—
May 12, 2026+6.5%+3.3%+6.0%+11.6%+20.4%
Feb 24, 2026+21.2%+4.1%+6.6%-13.4%+4.0%
Nov 4, 2025+17.1%-1.6%-1.9%+9.2%+55.4%
Aug 6, 2025-85.7%-1.3%-8.5%+2.7%+38.9%
May 6, 2025+76.2%-1.5%+22.4%+34.7%+51.5%
Mar 4, 2025-131.9%+0.0%+20.4%+21.1%+58.6%
Nov 6, 2024+93.3%+10.7%-9.2%-10.9%-0.8%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 11, 2026$0.70$0.59+18.6%$260.0M
May 12, 2026$0.49$0.46+6.5%$230.6M
Feb 24, 2026$0.63$0.52+21.2%$240.1M
Nov 4, 2025$0.41$0.35+17.1%$211.4M
Aug 6, 2025$0.04$0.28-85.7%$204.7M
May 6, 2025$0.37$0.21+76.2%$205.9M
Mar 4, 2025-$0.06$0.20-131.9%$208.5M
Nov 6, 2024$0.29$0.15+93.3%$203.7M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)36.2×——Top 48%
P/E (forward)25.2×———
EV / EBITDA26.2×——Bottom 32%
EV / Sales3.15×——Bottom 34%
Free-cash-flow yield2.34%——Bottom 41%
Earnings yield2.76%——Top 48%

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
407
50-day average slope (20 days)
-1.8%
200-day average slope (20 days)
+4.1%
Distance from 50-day average
-7.5%
Distance from 200-day average
+3.1%
RSI (14)
43.0
Relative volume
0.38×

Risk and drawdowns

Volatility, 60 days (annualized)
58.2%
Volatility vs own 5-year history
75th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
0.92
Correlation with S&P 500
0.27
Current drawdown from 1-year high
-26.8%
Maximum drawdown, 3 years
-33.3%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jun 14, 2021Oct 7, 2022-62.9%333 days193 days (Jul 18, 2023)
Jul 18, 2023Nov 9, 2023-34.9%81 days169 days (Jul 16, 2024)
Jul 23, 2024Jan 8, 2025-33.3%117 days37 days (Mar 5, 2025)
Aug 14, 2026Sep 17, 2026-30.5%23 daysNot yet recovered
Jun 25, 2026Jul 29, 2026-25.3%23 days10 days (Aug 12, 2026)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$2.62B
P/E (TTM)
36.2
EPS, diluted (TTM)
$1.89
Revenue (TTM)
$942.1M
52-week range
$34.58 – $94.46
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$444.9M$534.9M$689.2M$795.4M$862.1M
Gross profit$65.4M$71.5M$120.8M$168.3M$258.2M
Operating income-$28.7M-$30.0M-$6.7M$26.5M$76.4M
Net income-$25.6M-$35.7M-$26.4M-$16.2M$29.4M
EPS (diluted)-$0.82-$1.11-$0.80-$0.46$0.81
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$203.7M$208.5M$205.9M$204.7M$211.4M$240.1M$230.6M$260.0M
Net income-$11.7M-$2.8M$9.5M$1.3M-$11.1M$29.6M$25.5M$35.1M
EPS (diluted)-$0.34-$0.08$0.26$0.04-$0.31$0.78$0.67$0.75
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow-$5.5M-$28.3M-$23.9M$30.6M$74.8M
Capital expenditure-$6.0M-$7.7M-$7.6M-$8.4M-$31.7M
Free cash flow-$11.6M-$36.0M-$31.6M$22.1M$43.1M
Dividends paid$0$0$0$0$0
Net share buybacks$0$0$21.3M$0$0

Cash outflows are shown as negative numbers.

Cash and short-term investments
$9.0M
Total assets
$760.8M
Total liabilities
$562.6M
Total debt
$353.0M
Net debt
$343.9M
Shareholders’ equity
$198.2M

As of Jul 4, 2026 (filed Aug 12, 2026).

Dividends

Ex-dateAmountPaid
Oct 25, 2012$4.71—
Oct 2, 2008$7.26—
Mar 17, 2003$3.93—
Nov 14, 2001$5.03—
Oct 13, 2000$1.19—
Jan 25, 1995$0.00—
Jan 25, 1994$0.01Feb 28, 1994
Apr 28, 1989$0.04—

Short interest

Shares sold short
3,337,518
Days to cover
5.92
Change vs previous report
-0.2%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Jun 15, 2026
1,253-for-1,000
Oct 11, 2018
591-for-500
Oct 6, 2016
23-for-20
Oct 6, 2015
23-for-20
Sep 3, 2014
601-for-500