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MARKETS / NASDAQ / ATRO
NASDAQ · AIRCRAFT PARTS & AUXILIARY EQUIPMENT, NEC · LARGE CAP

Astronics Corp. ATRO

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$862.1M
▲ 8.4% YoY
$29.4M
$43.1M
▲ 94.8% YoY
In brief

What this company does

Astronics Corporation provides electrical power generation, distribution and motion systems, lighting and safety systems, avionics products, systems certification, aircraft structures and automated test systems to the global aerospace, defense and electronics industries. It has principal operations in the United States, Canada, France and Germany, as well as engineering offices in Ukraine and India. As of December 31, 2025, it employed approximately 2,700 full-time employees, of whom approximately 2,100 were in the United States and approximately 600 were outside the United States. It has a concentration of business with one major customer, The Boeing Company, whose purchases accounted for 10.4% of sales in 2025, 10.2% in 2024 and 11.0% in 2023. The company has two reportable segments, Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the global aerospace industry, with product lines that include lighting and safety systems, electrical power generation, distribution and seat motion systems, aircraft structures, avionics products and systems certification. 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.

Written from the business description in ASTRONICS CORP's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 862.1M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 862.1 · Net income 29.4
400M800M-40M-80M200920112013201520172019202120232025
Compound annual growth
+17.2%
+11.4%
+2.2%
+10.4%
−7.9%
+4.6%
−9.6%
−1.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +11.4% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
3 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 8.9% · Net 3.4%
5%10%-10%-20%200920112013201520172019202120232025
ROE
FY2025 · ROE 14.8%
10%20%-10%-20%-30%200920112013201520172019202120232025

Each USD of equity produced 15 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 43.1
20M40M-20M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2022 · Dividends — · Net buybacks 0.0
20M40M201220142016201820202022

Total assetsUSD 706.7M
EquityUSD 140.1M
CashUSD 18.2M
Gross debtUSD 334.5M
Net debtUSD 316.3M
Current ratio3.10×

Net debt stands at 226% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.90.80.70.50.40.50.80.80.60.60.70.70.30.30.20.20.2
Operating income $B0.10.0−0.0−0.0−0.0−0.10.00.10.00.10.10.10.00.00.00.0−0.0
EBITDA $B0.10.10.0−0.00.0−0.10.00.10.10.10.10.10.10.00.00.00.0
Income tax $B0.00.00.00.0−0.00.00.00.00.00.00.00.00.00.00.00.0−0.0
Net income $B0.0−0.0−0.0−0.0−0.0−0.10.10.00.00.00.10.10.00.00.00.0−0.0
Free cash flow $B0.00.0−0.0−0.0−0.00.00.00.00.00.00.10.10.00.00.00.00.0
EPS, diluted $0.81−0.46−0.80−1.11−0.82−3.761.601.410.581.402.221.871.081.001.211.05−0.32
Dividend / sh $·················
Payout %···········000···
ROE %14.8−6.4−10.8−14.4−9.7−35.113.413.15.915.225.328.118.419.224.019.4·
Shares out B············0.01····

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 82 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 13 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityAircraft Parts & Auxiliary Equipment, NEC
Listed onNASDAQ
Incorporated inNew York
Fiscal year endsDecember 31
Data on record since2009

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