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Astec Industries Inc (ASTE) stock

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NASDAQ: ASTE Nasdaq Construction Machinery & Heavy Transportation Equipment Next results ~November 5, 2026

C Fundamentals grade

Astec Industries Inc is a US-listed company in the construction machinery & heavy transportation equipment industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 191% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 191% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

Astec Industries Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 1 selling0 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
  • Funds120 adding, 125 cuttingOf 48 active managers that changed their stake, 22 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Astec Industries files

Where Astec Industries stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.56bn, up 18.7% on a year earlier, faster than the 11.5% growth a quarter earlier. Free-cash-flow margin fell to 2.1% from 5.9% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 3 of our 7 financial-health checks.

Our model value for Astec Industries is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Astec Industries Inc's trailing-twelve-month revenue grew 18.7% year on year, with a free-cash-flow margin of 2.1%.

Our discounted-cash-flow model values the business at ~$28 per share in the base case (~$17–$41 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Revenue growth accelerating: TTM revenue growth rose to 18.7% (+7.2pp vs the prior quarter).

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 18.7% over the last 12 months, against a median of 10.1% for construction machinery & heavy transportation equipment companies we cover.
  • Growth speeding up. The growth rate is 7.2 points higher than a quarter earlier.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • High earnings multiple. The shares trade at 48 times the last 12 months' earnings, so expectations are demanding.
  • Below peers: change in share count. Change in share count of 1.2% ranks 16 of 21 construction machinery & heavy transportation equipment companies we cover (median -0.1%).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 6.6% over 90 days.

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
$0.94 against an average estimate of $1.03: missed by 9.2%
Revenue
$408m, up 23.6% on a year earlier
Share reaction
-15.4% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Guidance given
adjusted EBITDA $160m to $175m (full year 2026)
Next report
November 5, 2026; average EPS estimate $0.47

Astec Industries' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.1%
  • 1 week+5.6%
  • 1 month-4.5%
  • This year-6.7%
  • 1 year-12.9%
  • 5 years-28.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.6B
Operating margin
3.4%
Net margin
1.3%
EPS (TTM, diluted)
$0.84

Growth

Revenue growth
+18.7%
Change in growth rate
+7.2 pts
Share count change
+1.2%

Cash

Free cash flow (TTM)
$32.4M
FCF margin
2.1%
Stock pay % of revenue
0.6%

Earnings

Last results
August 5, 2026
Next results (est.)
November 4, 2026

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Dividend
  2. Results
  3. Guidance
  4. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Astec Industries Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 191% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Astec Industries Inc as an operating company, with every model that fits that kind of business. Cost of equity 10%: the 10-year Treasury yield (4.9%) plus a beta of 1.11 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$48 ~$40–$66 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$13 ~$8.4–$18 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$5.8 ~$5.3–$6.6 Left out: out of range vs price (0.15x)
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Astec Industries Inc with Construction Machinery & Heavy Transportation Equipment in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$36.37$60.76$53.07$27.63$38.93$54.20$65.29$38.77$35.93$32.92$42.98$40.09
Market value$841m$1.4bn$1.2bn$633m$883m$1.2bn$1.5bn$884m$818m$752m$993m$931m
+ Net debt (− = net cash)−$15m−$71m−$58m$34m−$47m−$157m−$132m$22m$20m$28m$276m$317m
Enterprise value$826m$1.3bn$1.2bn$667m$836m$1.1bn$1.4bn$905m$838m$780m$1.3bn$1.2bn
Multiples
Price / sales 0.9x1.2x1.0x0.5x0.8x1.2x1.4x0.7x0.6x0.6x0.7x0.6x
Price / earnings 25.6x25.5x32.6x—39.6x27.0x94.8x—24.4x175.0x25.6x47.5x
Price / free cash flow 87.0x13.1x56.4x—9.9x9.8x———n/m48.0x28.7x
EV / EBITDA 11.1x11.9x14.4x—16.3x16.1x27.3x25.6x11.3x15.6x12.4x11.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

31 /100

Weak moat

How hard Astec Industries's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 1.6% of total assets over 10 years.

  • Pricing power 7 / 20

    Gross margin has been a median 22.3%, moving by 3.3 percentage points (standard deviation) across 10 years.

  • Durability 0 / 20

    Operating margin has been a median 1.8%; its worst year was -1.1%.

  • Cash conversion 7 / 20

    Free cash flow was positive in 6 of 10 years, at a median 2.6% of revenue.

  • Discipline 16 / 20

    The diluted share count rose 1.1% over five years; stock-based pay has been a median 0.4% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, before the open. Analysts expect revenue of $375m and EPS of $0.47 (range $0.42 to $0.50) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.25 −3% $1.6bn +15%
Next $3.93 +21% $1.7bn +6%

Next year's EPS estimate has moved −6.6% in 90 days, across 4 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −9.7% on 90 days ago. In the last 30 days, 0 analysts raised Astec Industries Inc's forecast and 1 cut it.

Consensus EPS forecast Astec Industries Inc, last 90 days
$3.00 $3.50 $4.00 $4.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $3.60 Current fiscal year, 60 days ago: $3.33 Current fiscal year, 30 days ago: $3.28 Current fiscal year, 7 days ago: $3.28 Current fiscal year, Now: $3.25 $3.25 Next fiscal year, 90 days ago: $4.21 Next fiscal year, 60 days ago: $3.90 Next fiscal year, 30 days ago: $3.98 Next fiscal year, 7 days ago: $3.98 Next fiscal year, Now: $3.93 $3.93

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $3.60$4.21
60 days ago $3.33$3.90
30 days ago $3.28$3.98
7 days ago $3.28$3.98
Now $3.25$3.93

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $1.03 $0.94 −9.2%
Mar 2026 $0.84 $0.54 −35.5%
Dec 2025 $0.83 $1.06 +27.7%
Sept 2025 $0.38 $0.47 +23.7%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 5, 2026
  • adjusted EBITDA full year 2026 $160m to $175m Non-GAAP Lowered
    “As such, we are revising our full year 2026 adjusted EBITDA guidance from the previous range of $170 million to $190 million to $160 million to $175 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

2 analysts, Nov 2026
Buy2100%
Hold00%
Sell00%

Monthly trend

  1. Nov 202622
  2. Oct 202622
  3. Sep 202622

Counts of recommendations published by analysts covering Astec Industries Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
3.2%
of tradable shares
Days to cover
2.58
at average volume
Short interest, 1 month
−2%
to October 15, 2026
Held by institutions
100%
of shares
Held by insiders
1.2%
of shares
Employees
4,468
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −12.9%

$46.04 on October 31, 2025 to $40.09

ThenNowEffect
Revenue (last 12 months) $1.3bn $1.6bn +18.7%
Net margin 3.5% 1.3% −64.0%
P/E multiple 23.0x 47.5x +106.3%
Share count 23m 23m −1.1%

Biggest factor: net margin.

Last 3 years +33.8%

$29.96 on November 3, 2023 to $40.09

ThenNowEffect
Revenue (last 12 months) $1.4bn $1.6bn +14.1%
Net margin 1.8% 1.3% −31.0%
P/E multiple 27.3x 47.5x +73.7%
Share count 23m 23m −2.1%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
ASTE+21%−41%−7%−8%+31%−7%
Industry peers (median)+11%−8%+36%+25%+4%+13%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
ASTE42%33%58%33%58%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
ASTE−36%−56%−46%−35%−18%−41%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 63% from February 10, 2017 to August 27, 2019. Getting back needed a 167% gain, reached on February 24, 2021, 547 days after the low.

Price behaviour

52-week range
$37.96 – $64.66
From 52-week high
−38.0%
vs 50-day average
−1.9%
vs 200-day average
−20.7%
Volatility (1 year)
42%
Beta vs S&P 500
1.39

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±11.2%
After a week
7 up, 5 down
typical move ±13.4%
After a month
5 up, 7 down
typical move ±14.4%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −15.4% −0.4% −17.1% −18.6%
May 6, 2026 −15.5% +1.1% −21.6% −19.7%
February 25, 2026 +6.6% +0.3% +7.1% −9.0%
November 5, 2025 −1.7% −0.7% −3.9% −2.3%
August 6, 2025 +6.2% +0.7% +15.5% +17.4%
April 29, 2025 +2.7% +0.7% +8.1% +12.5%
February 26, 2025 +15.0% −1.5% +14.1% +15.6%
November 6, 2024 +11.6% +3.3% +13.1% +13.6%
August 7, 2024 +1.3% +1.6% +2.6% −2.6%
May 1, 2024 −20.7% +0.6% −19.2% −22.0%
February 28, 2024 +11.8% +0.2% +14.7% +20.7%
November 1, 2023 −25.5% +3.0% −23.8% −19.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Astec Industries Inc in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Astec Industries Inc
$1.2B $1.3B $1.4B $1.5B $1.6B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $1.4B Revenue (TTM), FY23 Q4: $1.3B Revenue (TTM), FY24 Q1: $1.3B Revenue (TTM), FY24 Q2: $1.3B Revenue (TTM), FY24 Q3: $1.3B Revenue (TTM), FY24 Q4: $1.3B Revenue (TTM), FY25 Q1: $1.3B Revenue (TTM), FY25 Q2: $1.3B Revenue (TTM), FY25 Q3: $1.4B Revenue (TTM), FY25 Q4: $1.4B Revenue (TTM), FY26 Q1: $1.5B Revenue (TTM), FY26 Q2: $1.6B $1.6B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $1.4B
FY23 Q4 $1.3B
FY24 Q1 $1.3B
FY24 Q2 $1.3B
FY24 Q3 $1.3B
FY24 Q4 $1.3B
FY25 Q1 $1.3B
FY25 Q2 $1.3B
FY25 Q3 $1.4B
FY25 Q4 $1.4B
FY26 Q1 $1.5B
FY26 Q2 $1.6B
Revenue growth, TTM YoY Astec Industries Inc
-10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 13.4% Revenue growth, TTM YoY, FY23 Q4: 5.0% Revenue growth, TTM YoY, FY24 Q1: -2.4% Revenue growth, TTM YoY, FY24 Q2: -5.0% Revenue growth, TTM YoY, FY24 Q3: -5.0% Revenue growth, TTM YoY, FY24 Q4: -2.5% Revenue growth, TTM YoY, FY25 Q1: 2.0% Revenue growth, TTM YoY, FY25 Q2: 1.2% Revenue growth, TTM YoY, FY25 Q3: 6.7% Revenue growth, TTM YoY, FY25 Q4: 8.1% Revenue growth, TTM YoY, FY26 Q1: 11.5% Revenue growth, TTM YoY, FY26 Q2: 18.7% 18.7%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 13.4%
FY23 Q4 5.0%
FY24 Q1 -2.4%
FY24 Q2 -5.0%
FY24 Q3 -5.0%
FY24 Q4 -2.5%
FY25 Q1 2.0%
FY25 Q2 1.2%
FY25 Q3 6.7%
FY25 Q4 8.1%
FY26 Q1 11.5%
FY26 Q2 18.7%
Operating margin (TTM) Astec Industries Inc
0% 2% 4% 6% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 2.4% Operating margin (TTM), FY23 Q4: 3.6% Operating margin (TTM), FY24 Q1: 2.9% Operating margin (TTM), FY24 Q2: 0.7% Operating margin (TTM), FY24 Q3: 0.6% Operating margin (TTM), FY24 Q4: 1.8% Operating margin (TTM), FY25 Q1: 2.8% Operating margin (TTM), FY25 Q2: 5.3% Operating margin (TTM), FY25 Q3: 5.7% Operating margin (TTM), FY25 Q4: 4.7% Operating margin (TTM), FY26 Q1: 3.7% Operating margin (TTM), FY26 Q2: 3.4% 3.4%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 2.4%
FY23 Q4 3.6%
FY24 Q1 2.9%
FY24 Q2 0.7%
FY24 Q3 0.6%
FY24 Q4 1.8%
FY25 Q1 2.8%
FY25 Q2 5.3%
FY25 Q3 5.7%
FY25 Q4 4.7%
FY26 Q1 3.7%
FY26 Q2 3.4%
FCF margin (TTM) Astec Industries Inc
-10% -5% 0% 5% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -5.5% FCF margin (TTM), FY23 Q4: -0.5% FCF margin (TTM), FY24 Q1: -2.5% FCF margin (TTM), FY24 Q2: -2.8% FCF margin (TTM), FY24 Q3: 0.6% FCF margin (TTM), FY24 Q4: 0.2% FCF margin (TTM), FY25 Q1: 5.4% FCF margin (TTM), FY25 Q2: 5.9% FCF margin (TTM), FY25 Q3: 3.3% FCF margin (TTM), FY25 Q4: 1.5% FCF margin (TTM), FY26 Q1: 2.5% FCF margin (TTM), FY26 Q2: 2.1% 2.1%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -5.5%
FY23 Q4 -0.5%
FY24 Q1 -2.5%
FY24 Q2 -2.8%
FY24 Q3 0.6%
FY24 Q4 0.2%
FY25 Q1 5.4%
FY25 Q2 5.9%
FY25 Q3 3.3%
FY25 Q4 1.5%
FY26 Q1 2.5%
FY26 Q2 2.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 738 737 909 936 933 976 983 1,147 1,185 1,172 1,170 1,024 1,096 1,275 1,338 1,305 1,410 1,555
Gross profit 152 175 212 208 207 215 219 265 243 136 239 238 250 264 331 328 374 399
EBITDA 29 68 78 74 78 76 74 112 81 −59 51 67 50 35 74 50 102 106
Operating income 10 49 58 51 56 52 50 87 56 −86 25 41 20 8 49 23 66 53
Net income 3 32 41 41 39 34 33 55 38 −60 22 46 16 −0 34 4 39 20
Diluted EPS $0.14 $1.42 $1.76 $1.77 $1.69 $1.49 $1.42 $2.38 $1.63 −$2.64 $0.98 $2.01 $0.69 $0.00 $1.47 $0.19 $1.68 $0.84
Growth (year on year)
Revenue −24.2% −0.1% +23.3% +3.0% −0.3% +4.6% +0.8% +16.7% +3.3% −1.1% −0.2% −12.4% +6.9% +16.3% +5.0% −2.5% +8.1% +18.7%
EBITDA −73.6% +137.8% +14.2% −4.5% +5.1% −2.4% −2.6% +51.2% −27.4% −171.9% — +31.4% −25.7% −29.3% +109.6% −32.6% +104.4% +10.8%
Operating income −89.2% — +18.6% −12.5% +8.9% −7.2% −3.3% +74.4% −36.3% −255.6% — +61.4% −50.9% — — −52.3% — −23.2%
Net income −95.1% — +25.1% +0.7% −4.4% −11.7% −4.8% +68.2% −31.5% −259.8% — — −65.7% — — −87.2% — −57.3%
Diluted EPS −95.0% — +23.9% +0.6% −4.5% −11.8% −4.7% +67.6% −31.5% −262.0% — — −65.7% — — −87.1% — −57.8%
Margins
Gross margin 20.7% 23.7% 23.3% 22.2% 22.2% 22.1% 22.3% 23.1% 20.5% 11.6% 20.5% 23.2% 22.8% 20.7% 24.7% 25.1% 26.5% 25.7%
EBITDA margin 3.9% 9.2% 8.5% 7.9% 8.4% 7.8% 7.5% 9.8% 6.9% −5.0% 4.4% 6.6% 4.6% 2.8% 5.5% 3.8% 7.2% 6.8%
Operating margin 1.3% 6.7% 6.4% 5.5% 6.0% 5.3% 5.1% 7.6% 4.7% −7.4% 2.1% 4.0% 1.8% 0.6% 3.6% 1.8% 4.7% 3.4%
Net margin 0.4% 4.4% 4.5% 4.4% 4.2% 3.5% 3.3% 4.8% 3.2% −5.2% 1.9% 4.5% 1.4% −0.0% 2.5% 0.3% 2.8% 1.3%
Free-cash-flow margin 4.3% 6.9% −0.4% 0.3% −2.3% −0.6% 1.0% 9.4% 1.8% −4.9% 7.6% 12.3% −1.2% −9.0% −0.5% 0.2% 1.5% 2.1%
Cash flow
Cash from operations 49 62 32 29 6 19 31 135 42 −30 113 142 7 −74 28 23 61 81
Capital spending 17 11 36 26 28 25 21 27 20 27 23 15 20 41 34 21 41 48
Free cash flow 32 51 −4 3 −22 −6 10 107 22 −57 89 126 −13 −115 −6 3 21 32
Stock-based pay 1 2 3 1 1 1 1 3 3 2 3 5 6 7 4 5 7 9
Free cash flow after stock pay 30 48 −7 1 −23 −7 8 105 19 −60 87 121 −19 −121 −10 −3 14 23
Balance sheet
Cash 40 95 58 81 36 13 25 82 62 26 49 159 134 66 63 91 72 77
Total debt 0 0 0 0 1 11 10 11 4 60 2 2 3 88 83 118 348 393
Net debt (negative = net cash) −40 −95 −58 −81 −35 −2 −15 −71 −58 34 −47 −157 −132 22 20 28 276 317
Diluted shares 23m 23m 23m 23m 23m 23m 23m 23m 23m 23m 23m 23m 23m 23m 23m 23m 23m 23m
Returned to shareholders
Dividends — 0 0 23 7 9 9 9 9 10 10 10 10 11 12 12 12 12
Buybacks — — — — — — — 0 0 24 0 0 0 10 0 0 — —
Total returned — 0 0 23 7 9 9 9 9 34 10 10 10 21 12 12 12 12

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 7 checks passed · June 30, 2026
What it owns · $1.4bn
Short-term assets $816mLonger-term assets $599m
What it owes, and who funded it · $1.4bn
Short-term liabilities $324mLonger-term liabilities $402mShareholders' equity $689m
  • Short-term assets cover short-term liabilities $816m of assets due within a year against $324m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $816m short-term assets against $402m of longer-dated liabilities.
  • More cash than debt $77m of cash against $382m of debt.
  • Debt below 40% of shareholders' equity Debt is 55% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 0% to 55% over five years.
  • A year's operating cash flow covers at least 20% of debt $81m of operating cash flow against $382m of debt.
  • Operating profit covers interest at least five times over Operating income of $53m against $29m of interest.

From Astec Industries Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$12M
Returned to shareholders
37%
of free cash flow
Diluted share count
+1.2%
year over year
Total shareholder yield
1.3%
dividends 1.3% + buybacks 0.0% of market value
Dividend payout ratio
61%
of net income paid out
Sales & admin spending
22.2%
of revenue

Competitors: side by side with peers

Closest by revenue in construction machinery & heavy transportation equipment
Last 12 months unless stated ASTE WNC BLBD TRN MTW GBX Median
Revenue, last 12 months $1.6bn $1.5bn $1.6bn $2.1bn $2.3bn $2.5bn $2.1bn
Revenue growth, last 12 months 18.7% −7.3% 13.5% −2.4% 8.9% −24.0% 10.1%
Revenue growth, 3-year average 4.5% −16.4% 14.0% −8.6% 2.0% −14.5% 4.3%
Revenue growth, latest quarter 23.6% 24.8% 29.9% 17.8% 10.3% −22.2% 17.8%
Gross margin 25.7% 0.9% 20.6% 24.6% 18.7% 13.6% 21.4%
Operating margin 3.4% −10.4% 11.8% 34.5% 3.1% 5.8% 5.9%
Operating margin, 3-year average 3.2% −0.6% 10.9% 23.4% 2.5% 8.7% 8.6%
Net margin 1.3% −9.1% 17.5% 15.4% 0.9% 3.2% 3.2%
Cash from operations / revenue 5.2% −8.1% 11.2% 19.3% 4.8% 1.6% 8.9%
Free-cash-flow margin 2.1% −9.0% 9.5% 16.8% 3.0% −9.7% 7.0%
Free-cash-flow margin, 3-year average 1.7% 0.6% 8.6% 15.0% 0.3% −4.0% 5.9%
Stock pay / revenue 0.6% 0.7% 0.5% 1.1% 0.4% 0.6% 0.6%
Change in share count 1.2% −2.6% −0.1% −1.9% 2.3% −1.1% −0.1%

Median of all 23 companies we cover in construction machinery & heavy transportation equipment. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

23 construction machinery & heavy transportation equipment companies
Measure Company Peer median Rank
Revenue growth Growth 18.7% 10.1% 7 of 23
Change in growth rate Growth +7.2pp +4.6pp 8 of 23
Gross margin Profitability 25.7% 21.4% 9 of 23
Operating margin Profitability 3.4% 5.8% 15 of 21
Net margin Profitability 1.3% 3.2% 16 of 23
Free-cash-flow margin Cash generation 2.1% 7.0% 16 of 23
Stock pay as % of revenue Cash generation 0.6% 0.6% 9 of 20
Long-term debt as % of assets Balance sheet 25.8% 24.0% 13 of 18
Change in share count Balance sheet 1.2% -0.1% 16 of 21

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Infrastructure Group $857M 60.8% ▲ 2.4%
Material Solutions $553M 39.2% ▲ 18.2%
Geography
Region Revenue YoY
United States $1.1B ▲ 11.3%
Outside the US $280M ▼ 3.3%
Foreign $280M ▼ 3.3%
Canada $69.8M ▲ 3.6%
Australia and Oceana $41.9M ▼ 19.9%
Africa $39.6M ▼ 2.2%
Brazil $35.9M ▲ 9.1%
Other European Countries $24.6M ▲ 3.8%
South America Excluding Brazil $22.1M ▲ 24.2%
Other Asian Countries $13.5M ▲ 9.8%
Mexico $9.2M ▼ 61.3%
Japan and South Korea $7.2M —
West Indies $5.5M ▲ 44.7%
Middle East $3.6M ▲ 100.0%
Post Soviet States Excluding Russia $3M ▼ 58.3%
India $2.4M ▲ 300.0%
Central America $1.9M ▼ 66.1%

These categories overlap or exclude eliminations, so shares aren't shown.

From Astec Industries Inc's 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.4B
Institutions reporting
230
Shares held vs prior quarter
▲ 3.2%
Positions opened / closed
29 / 44

Top buyers and sellers, Q2 2026: 120 institutions bought and 125 sold ; the biggest buyer was Assenagon Asset Management S.A (+287K shares) and the biggest seller Jane Street Group, LLC (−151K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $213M 3.5M 15.4% ▲ 2.3%
Dimensional Fund Advisors LP $88.6M 1.4M 6.4% ▲ 1.0%
Vanguard Portfolio Management LLC $84M 1.4M 6.1% ▲ 1.3%
GAMCO Investors, Inc. Et Al $66M 1.1M 4.8% ▼ 2.2%
Vanguard Capital Management LLC $62.3M 1.0M 4.5% ▲ 2.1%
State Street Corp $56.3M 921K 4.1% ▲ 5.4%
Mirae Asset Global Etfs Holdings Ltd. $50.4M 824K 3.6% ▲ 8.4%
Invesco Ltd. $48.8M 797K 3.5% ▲ 10.1%
Ack Asset Management LLC $42.2M 690K 3.1% ▼ 12.2%
Harvey Partners, LLC $41.2M 674K 3.0% ▲ 0.3%
Geode Capital Management, LLC $37M 605K 2.7% ▲ 5.4%
First Eagle Investment Management, LLC $33.2M 543K 2.4% ▲ 108.7%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Astec Industries Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $59,543 1 trade by 1 insider · 0% under pre-set plans
Net ▼ $59,543 net selling
Insider Date Trade Shares Price Value
Gilbert Edward Terrell Jr GC & CORPORATE SECRETARY March 3, 2026 Sell 975 $61.07 $59,543

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 6, 2026
  • February 25, 2026
  • November 5, 2025
  • August 6, 2025
  • April 29, 2025

Recent SEC filings

Data status

When each part of this page on Astec Industries Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Astec Industries Inc in brief

What does Astec Industries Inc do?
Astec Industries Inc is a US-listed company in the construction machinery & heavy transportation equipment industry. Its financial year ends in December.
What is Astec Industries Inc's stock ticker?
Astec Industries Inc trades under the ticker ASTE on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Astec Industries Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Astec Industries Inc reported revenue of $1.6B, 18.7% higher than a year earlier, according to its SEC filings.
What is Astec Industries Inc's free cash flow?
Astec Industries Inc's free-cash-flow margin is 2.1% of revenue over the trailing twelve months, ranking 16 of the 23 construction machinery & heavy transportation equipment companies we cover.
Who are Astec Industries Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Dimensional Fund Advisors LP and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Astec Industries Inc's market cap?
On November 2, 2026, Astec Industries Inc's market capitalisation was about $931M, with a price-to-earnings ratio of 47.5 and net debt of $317M. Market figures come from third-party market data and may be delayed.
Does Astec Industries Inc pay a dividend?
Yes: Astec Industries Inc paid $12M in dividends over the trailing twelve months, a dividend yield of 1.30% and a payout ratio of 61.2%.
How much debt does Astec Industries Inc have?
Astec Industries Inc's debt-to-equity ratio is 55.4%, from its latest balance sheet (0.0% five years earlier). The financial health section below sets out its other solvency checks.
Who are Astec Industries Inc's competitors?
In our Construction Machinery & Heavy Transportation Equipment peer group, the companies closest to Astec Industries Inc are Wabash National Corp, Blue Bird Corp, Trinity Industries Inc, Manitowoc Co Inc and Greenbrier Companies Inc. The side-by-side comparison below sets their revenue, margins and growth against Astec Industries Inc's.
Are insiders buying or selling Astec Industries Inc stock?
Over the last 12 months, Astec Industries Inc's directors and officers reported 0 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
When is Astec Industries Inc's next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Astec Industries Inc announces its own schedule.