Astronics/$ATRO
1D1W1MYTD1Y5YMAX
Capital at risk
About Astronics
Astronics Corporation is a provider of technologies to the aerospace, defense, and electronics industries, offering high-performance electrical power generation and distribution systems, motion systems, lighting and safety systems, avionics products, systems certification, aircraft structures, and automated test systems. The company operates through two reportable segments, Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the aerospace and defense industry and generates the majority of revenue, while the Test Systems segment designs, develops, manufactures, and maintains automated test systems for the aerospace and defense, communications, and mass transit industries. The company derives the majority of its revenue from the United States.
- Ticker
- $ATRO
- Sector
- Industrials
- Primary listing
- NASDAQ
- Employees
- 2,700
- Headquarters
- East Aurora, United States
- Website
- www.astronics.com
Astronics Metrics
BasicAdvanced
$2.9B
38.03
$1.75
1.20
-
Price and volume
Market cap
$2.9B
Beta
1.2
52-week high
$94.46
52-week low
$32.62
Average daily volume
649K
Financial strength
Current ratio
2.973
Quick ratio
1.456
Long term debt to equity
1.751
Total debt to equity
1.781
Interest coverage (TTM)
11.44%
Profitability
EBITDA (TTM)
148.758
Gross margin (TTM)
32.32%
Net profit margin (TTM)
8.40%
Operating margin (TTM)
13.37%
Effective tax rate (TTM)
4.17%
Revenue per employee (TTM)
$350,000
Management effectiveness
Return on assets (TTM)
11.16%
Return on equity (TTM)
33.68%
Valuation
Price to earnings (TTM)
38.027
Price to revenue (TTM)
3.027
Price to book
14.45
Price to tangible book (TTM)
33.97
Price to free cash flow (TTM)
46.999
Free cash flow yield (TTM)
2.13%
Free cash flow per share (TTM)
1.418
Growth
Revenue change (TTM)
14.49%
Earnings per share change (TTM)
-2,088.01%
3-year revenue growth (CAGR)
14.93%
10-year revenue growth (CAGR)
3.29%
3-year earnings per share growth (CAGR)
21.48%
10-year earnings per share growth (CAGR)
1.18%
What the Analysts think about Astronics
Analyst ratings (Buy, Hold, Sell) for Astronics stock.
Analyst projections of the future price of Astronics stock.
Bulls say / Bears say
Astronics delivered strong operating momentum in Q2 2026, with sales rising 27.0% to a record $260.0 million, record operating income of $40.5 million, and adjusted EBITDA margin expanding to 19.8%; management also raised full-year revenue guidance to $1.02-$1.04 billion. (SEC earnings release)
Demand visibility is strengthening: Q2 bookings reached a record $306.2 million, book-to-bill was 1.18, and backlog reached a third consecutive record of $780.6 million, including approximately $642.2 million expected to convert to revenue over the next twelve months. (SEC 10-Q)
The Test Systems segment has meaningful defense-program upside: the U.S. Army placed a $44.7 million full-rate production order for TS-4549/T radio test sets, with deliveries expected over 20 months and $145 million remaining under the broader program funding. (Astronics)
Astronics remains highly leveraged relative to its cash balance: as of July 4, 2026, net debt was $309.0 million versus only $9.0 million of cash, and management said covenant compliance depends heavily on achieving expected operating results. (SEC 10-Q)
Test Systems profitability is still fragile despite strong revenue growth: the segment reported only $1.0 million of operating profit in the first half, with under-absorption and mix pressure, while approximately $4.1 million of second-quarter revenue carried no margin until production progresses. (SEC 10-Q)
Lufthansa-related litigation is improved but not fully resolved: Astronics still faces potential additional damages in the French case, while either party could seek further appeal of the favorable UK ruling. (Astronics)
Data summarised monthly by Lightyear AI. Last updated on 8 Sept 2026.
Astronics Financial Performance
Revenues and expenses
Astronics Earnings Performance
Company profitability
Upcoming events
No upcoming events
Astronics News
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Funds containing Astronics
AllEURGBPUSD
Fund name | Fund size | $ATRO weighting |
|---|---|---|
iShares Global Aerospace & Defence€DFND | €1.6B | 0.14% |
iShares Global Aerospace & Defence£DFND | £1.4B | 0.14% |
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.08% |
iShares MSCI World Small Cap$WSML | $9B | 0.02% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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