Astronics Corporation
ATROIndustrialsNASDAQAerospace & Defense
Scan Results
Daily timeframeAstronics Corporation, through its subsidiaries, designs and manufactures products for the aerospace, defense, and electronics industries in the United States, rest of North America, Asia, Europe,. At a $3.05B market cap, Astronics Corporation ranks as a mid-cap company within industrials. It operates in two segments, Aerospace and Test Systems.
Market Cap
$3.05B
Beta
1.11
P/E (TTM)
69.75
P/E (Fwd)
27.23
EPS (TTM)
$1.22
EPS (Fwd)
$3.13
ROE
21.2%
ROA
9.0%
Cash
$11.9M
Total Debt
$379.1M
Free CF
-$2.5M
52W Change
165.0%
Annual Financials
Cash vs Debt
Astronics Corporation carries $379.1M in total debt against $11.9M in cash reserves — debt is roughly 31.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow is running at -$2.5M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 21.2% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 9.0% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $534.9M (2022) to $862.1M (2025), reflecting a 61% increase over the period.
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing ATRO.