Stocktoria

ASTRONICS CORP ATRO

Nasdaq · stock · Aircraft Parts & Auxiliary Equipment, NEC · website · IPO 1972-04-20 · LEI

ASTRONICS CORP statistics & valuation

Market cap$3.1B
P / E105.2×
P / S3.6×
P / B22.0×
Net margin3.4%
Return on equity21.0%
Net debt$316.3M
Net debt / EBITDA3.2×
Enterprise value USD$3.4B
EV / EBITDA34.6×
Earnings yield EBIT/EV2.2%
Return on capital13.5%
Graham number -90.5%$8.37

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($8.37); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
7.60% 3.20% 5.80% 6.70% -23.00% -5.70% -6.70% -3.80% -2.00% 3.40% 2016201720182019202020212022202320242025
Gross margin (%)
25.20% 22.00% 22.50% 20.20% 19.30% 14.70% 13.40% 25.30% 27.70% 29.90% 2016201720182019202020212022202320242025
Operating margin (%)
11.80% 5.10% 7.90% 0.20% -20.00% -6.40% -5.60% -1.00% 3.30% 8.90% 2016201720182019202020212022202320242025
Return on equity (%)
14.40% 6.00% 12.10% 13.40% -42.80% -10.00% -14.90% -10.60% -6.30% 21.00% 2016201720182019202020212022202320242025
Shares outstanding
34.5M 33.7M 33.1M 32.5M 30.8M 31.1M 32.2M 33.1M 35.0M 36.5M 2016201720182019202020212022202320242025
Net debt ($)
$127.6M $251.2M $215.5M $188.0M $173.0M $163.0M $145.7M $154.5M $159.4M $316.3M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
8.00% 2.70% 6.00% 6.60% -18.70% -4.20% -5.80% -4.20% -2.50% 4.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.43× 0.82× 0.60× 0.48× 0.64× 0.64× 0.66× 0.64× 0.66× 2.39× 2016201720182019202020212022202320242025
EPS ($)
$1.40 $0.58 $1.41 $1.60 -$3.76 -$0.82 -$1.11 -$0.80 -$0.46 $0.81 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

ASTRONICS CORP trades at about 108.5× earnings — above its 10-year norm (10-year range 7.8×–74.6×, median 15.8×).

7.8× 108.5×

Shaded band = 10-year range (7.8×–74.6×); dot = today's 108.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin29.9%27.7%25.3%13.4%14.7%19.3%20.2%22.5%22.0%25.2%
Operating margin8.9%3.3%-1.0%-5.6%-6.4%-20.0%0.2%7.9%5.1%11.8%
Net margin3.4%-2.0%-3.8%-6.7%-5.7%-23.0%6.7%5.8%3.2%7.6%
Return on assets4.2%-2.5%-4.2%-5.8%-4.2%-18.7%6.6%6.0%2.7%8.0%
Return on equity21.0%-6.3%-10.6%-14.9%-10.0%-42.8%13.4%12.1%6.0%14.4%
Debt / equity2.39×0.66×0.64×0.66×0.64×0.64×0.48×0.60×0.82×0.43×
Current ratio3.102.732.722.412.873.382.842.923.062.95

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.