Astronics Corporation logo
Astronics Corporation ATRO
$ 76.26 2.32%
report update icon

Quarterly report 2026-Q2
added 08-12-2026

Astronics Corporation Financial Ratios 2025-2008 | ATRO

Brief overview of Astronics Corporation's valuation multiples

The review covers five available annual periods spanning 2017 to 2025.

Market valuation is represented by P/E 95.99x (median 64.11x), EV/EBITDA 34.26x (median 34.26x), P/S 11.74x (median 3.94x). Multiples are on average 49.7% above their own medians. A substantial share of positive expectations may already be priced in.

Earnings yield calculated as 1/P/E is about 1%, showing current profit per unit of share price.

End-period return metrics are ROE 21%, ROA 4.2%, ROCE 54.6%. Current resource returns are convincing and help explain a higher market valuation.

Current PEG is 0.14x; the market pays comparatively little per unit of expected growth.

A shorter cycle, from 437.1 days to 395.6 days, indicates faster release of cash from operations.

Overall assessment

Astronics Corporation's profitability supports higher multiples, although much of the quality is already reflected in price.

Annual Financial Ratios Astronics Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

P/E

96.0 -55.0 -31.9 -11.8 284.9 -4.2 16.3 21.2 64.1 19.1 11.9 20.9 30.9 9.7 10.0 5.6 - -

P/S

11.7 4.3 1.2 0.8 3.9 1.0 1.1 1.2 2.0 1.5 1.2 1.8 2.5 0.8 0.9 - - -

EPS

0.8 -0.1 -0.8 -1.1 0.1 -3.8 1.6 1.4 0.6 1.4 2.3 2.0 1.1 1.1 1.3 1.1 -0.3 -

EV (Enterprise Value)

3.37 B 1.28 B 1.22 B 782 M 780 M 796 M 1.21 B 1.36 B 1.65 B 1.18 B 1.09 B 1.49 B 1.11 B 293 M 278 M 134 M -14.9 M -3.04 M

EBITDA per Share

2.77 1.45 0.59 -0.07 0.01 -2.24 1.43 3.06 2.25 2.95 3.69 3.47 2.01 1.82 1.8 2.13 - -

EV/EBITDA

34.3 25.0 62.9 -345.1 2288.9 28.4 21.9 12.3 20.6 10.7 7.7 11.7 18.5 6.0 6.2 4.6 -13.2 -

PEG

-0.3 0.14 0.07 0.05 -3.58 0.07 1.39 0.15 -1.1 -0.7 0.71 0.32 15.74 -8.46 0.03 - - -

P/B

20.1 3.5 3.4 1.8 1.8 1.8 2.2 2.6 3.8 2.7 2.7 5.2 4.9 1.7 2.1 1.1 - -

P/CF

37.7 29.2 -35.2 -14.9 -82.6 13.0 27.7 25.7 51.9 25.9 13.3 19.9 19.7 28.6 15.9 5.0 - -

ROE %

20.96 -6.33 -10.59 -14.90 0.63 -42.82 13.38 12.11 5.96 14.35 22.31 24.62 15.90 17.48 20.99 19.36 - -

ROA %

4.15 -2.50 -4.17 -5.81 0.26 -18.68 6.65 6.04 2.67 8.01 10.99 9.98 5.55 10.32 12.34 9.91 - -

ROCE %

54.55 10.33 -2.67 -12.52 -11.17 -37.25 1.93 9.85 7.36 14.13 19.56 19.26 10.42 19.89 23.56 31.57 - -

Current Ratio

1.2 1.7 1.6 1.6 1.7 1.8 2.8 2.9 3.1 2.9 2.4 2.3 2.5 2.3 2.8 2.0 - -

DSO

301.1 318.2 84.7 87.1 315.3 87.5 69.9 82.8 77.5 63.1 50.2 49.1 65.4 62.3 57.1 - - -

DIO

119.8 124.3 134.7 136.1 151.3 136.2 86.3 81.3 112.5 89.8 83.6 85.0 123.5 90.1 87.3 - - -

DPO

25.4 33.0 44.4 39.0 29.5 28.0 21.2 29.7 31.3 19.3 19.6 20.6 36.6 19.6 23.0 - - -

Operating Cycle

421.0 442.4 219.4 223.2 466.6 223.8 156.2 164.2 190.0 152.9 133.8 134.1 188.9 152.4 144.3 - - -

Cash Conversion Cycle

395.6 409.4 174.9 184.2 437.1 195.7 135.0 134.4 158.7 133.6 114.2 113.5 152.3 132.8 121.4 - - -

All numbers in USD currency

Quarterly Financial Ratios Astronics Corporation

2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

EPS

0.03 0.71 -0.08 -0.31 0.04 0.27 0.2 -0.34 0.04 -0.09 -0.21 -0.51 -0.37 -0.14 - -0.46 -0.34 -0.1 0.05 -0.23 -0.26 -0.39 -0.65 -0.17 -0.77 -2.17 -1.1 0.04 0.21 2.4 0.38 0.53 0.43 0.1 -0.18 0.19 0.23 0.35 0.34 0.42 0.51 0.39 0.47 0.84 0.61 0.37 0.73 0.68 0.53 0.3 0.3 0.34 0.25 0.41 0.33 0.29 0.3 0.36 0.36 0.48 0.31 0.43

EBITDA per Share

0.18 0.93 - 0.8 0.29 0.53 - 0.41 0.39 0.23 - -0.34 0.18 0.13 - -0.33 -0.14 0.09 - 0.56 0.29 -0.07 - 0.49 -0.09 -1.93 - 0.92 0.81 0.95 - 1.4 1.2 0.51 - 0.91 0.85 0.8 - 1.28 1.22 0.82 - 1.91 1.6 0.94 - 1.88 1.51 0.86 - 0.9 0.66 0.74 - 0.74 0.75 0.75 - 0.82 0.8 -

ROE %

4.95 4.95 -7.27 -3.23 2.25 2.36 -2.47 -8.02 -10.62 -16.42 -17.00 -20.63 -17.71 -13.70 -11.85 -11.23 -7.81 -6.60 -9.98 -18.00 -17.09 -22.63 -42.82 -44.19 -41.94 -31.49 13.38 25.37 29.45 31.35 12.11 7.16 4.60 3.30 5.96 10.61 12.35 14.46 14.35 16.05 20.70 22.15 22.31 25.76 25.02 24.89 24.62 20.26 16.95 14.19 15.90 16.69 16.46 17.60 17.48 17.99 20.53 20.80 20.99 6.48 4.42 5.06

ROA %

1.54 1.56 -0.42 1.12 0.94 0.98 -0.97 -3.17 -4.06 -6.13 -6.35 -7.72 -6.92 -5.61 -4.90 -4.64 -3.33 -2.78 -4.22 -7.71 -7.38 -9.84 -18.68 -19.81 -18.81 -14.14 6.65 12.61 14.65 15.60 6.04 3.66 2.29 1.52 2.67 5.08 6.25 7.69 8.01 8.66 10.72 11.14 10.99 11.99 10.97 10.40 9.98 8.00 6.43 5.14 5.55 6.92 7.79 9.19 10.32 10.61 12.09 12.24 12.34 3.81 2.60 2.98

ROCE %

41.51 44.69 27.85 31.21 12.96 11.87 6.95 0.72 -1.60 -5.52 -6.18 -12.22 -9.34 -11.98 -10.99 -12.78 -9.06 -9.37 -7.76 -11.09 -16.21 -38.88 -35.22 -33.91 -27.86 -15.07 9.92 14.66 18.55 17.55 11.67 14.82 13.73 13.65 11.94 17.13 20.68 22.24 17.11 29.48 33.66 32.80 27.59 38.88 36.37 32.96 27.12 34.32 27.68 24.28 18.30 24.42 23.43 26.19 19.74 27.41 28.33 30.05 22.65 7.68 7.04 7.93

Current Ratio

1.2 1.3 1.6 1.2 1.7 1.7 1.6 1.6 1.7 1.7 1.6 1.6 1.5 1.6 1.6 1.7 1.8 1.8 1.7 1.7 1.7 1.8 1.8 1.8 1.8 1.8 2.0 2.0 2.0 2.0 2.0 2.0 2.0 2.0 1.8 1.8 1.8 1.8 2.3 2.3 2.3 2.3 2.0 2.0 2.0 2.0 1.7 1.7 1.7 1.7 1.5 1.5 1.5 1.5 2.4 2.4 2.4 2.4 2.4 2.4 2.4 2.4

DSO

94.0 80.8 83.2 81.1 85.0 81.1 85.4 85.1 82.1 78.4 86.8 90.7 84.5 87.5 - 87.5 83.3 88.3 84.6 84.0 80.8 82.7 74.0 79.7 68.7 69.8 68.1 76.3 71.4 72.4 82.0 78.2 79.8 80.2 - 80.9 80.1 72.5 - - - - - - - - - - - - - - - - - - - - - - - -

DIO

122.8 120.8 - 121.6 117.8 122.6 - 124.7 128.1 128.5 - 131.9 131.1 137.2 - 142.4 137.3 153.4 - 150.1 147.4 155.6 - 156.9 148.0 113.4 - 94.9 89.4 83.2 - - - 92.9 - 117.0 - - - - - - - - - - - - - - - - - - - - - - - - - -

DPO

29.1 29.0 - 30.3 27.4 33.5 - 34.8 37.6 41.6 - 47.9 46.1 45.1 - 38.8 36.0 37.1 - 26.6 25.2 24.2 - 26.4 24.9 23.3 - 23.3 22.0 25.3 - - - 29.7 - 32.6 - - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Cycle

- - - 202.7 202.8 212.6 - 209.7 210.2 213.5 - 222.6 215.6 224.7 - 230.0 220.6 241.8 84.6 234.1 228.2 238.2 74.0 236.7 216.6 183.2 68.1 171.2 160.9 155.5 82.0 78.2 79.8 173.1 - 197.9 80.1 72.5 - - - - - - - - - - - - - - - - - - - - - - - -

Cash Conversion Cycle

- - - 172.4 175.4 180.4 - 174.9 172.6 170.1 - 174.7 169.6 179.6 - 191.2 184.6 204.7 84.6 207.5 203.0 214.0 74.0 210.2 191.7 159.8 68.1 147.8 138.9 130.3 82.0 78.2 79.8 143.4 - 165.3 80.1 72.5 - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Astronics Corporation, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

Financial Ratios of other stocks in the Aerospace industry

Issuer Price % 24h Market Cap Country
НПО Наука НПО Наука
NAUK
- - - russiaRussia
Cubic Corporation Cubic Corporation
CUB
- 0.32 % $ 2.38 B usaUSA
Frontline Ltd. Frontline Ltd.
FRO
$ 46.12 1.54 % $ 10.3 B bermudaBermuda
Корпорация ИРКУТ Корпорация ИРКУТ
IRKT
- - - russiaRussia
Объединенная авиастроительная корпорация Объединенная авиастроительная корпорация
UNAC
- - - russiaRussia
EHang Holdings Limited EHang Holdings Limited
EH
$ 4.69 2.85 % $ 688 K chinaChina
РКК Энергия РКК Энергия
RKKE
- - - russiaRussia
CAE CAE
CAE
- - $ 7.75 B canadaCanada
CPI Aerostructures, Inc. CPI Aerostructures, Inc.
CVU
$ 5.16 1.38 % $ 61.3 M usaUSA
Innovative Solutions and Support Innovative Solutions and Support
ISSC
$ 24.78 7.74 % $ 435 M usaUSA
Mercury Systems Mercury Systems
MRCY
$ 82.42 2.59 % $ 4.9 B usaUSA
Aerojet Rocketdyne Holdings Aerojet Rocketdyne Holdings
AJRD
- 1.42 % $ 4.62 B usaUSA
Lockheed Martin Corporation Lockheed Martin Corporation
LMT
$ 525.28 0.26 % $ 122 B usaUSA
General Dynamics Corporation General Dynamics Corporation
GD
$ 359.39 0.49 % $ 96.7 B usaUSA
AAR Corp. AAR Corp.
AIR
$ 126.54 0.7 % $ 4.5 B usaUSA
Air Industries Group Air Industries Group
AIRI
$ 2.61 2.68 % $ 12.5 M usaUSA
Astrotech Corporation Astrotech Corporation
ASTC
$ 7.37 2.65 % $ 12.3 M usaUSA
AeroVironment AeroVironment
AVAV
$ 144.65 1.25 % $ 7.1 B usaUSA
The Boeing Company The Boeing Company
BA
$ 212.25 0.81 % $ 161 B usaUSA
B.O.S. Better Online Solutions Ltd. B.O.S. Better Online Solutions Ltd.
BOSC
$ 4.64 0.22 % $ 28.6 M israelIsrael
BWX Technologies BWX Technologies
BWXT
$ 157.59 0.02 % $ 14.4 B usaUSA
Coda Octopus Group Coda Octopus Group
CODA
$ 10.17 1.5 % $ 114 M usaUSA
Ducommun Incorporated Ducommun Incorporated
DCO
$ 168.32 1.08 % $ 2.52 B usaUSA
Embraer S.A. Embraer S.A.
ERJ
- - $ 11 B brasilBrasil
Elbit Systems Ltd. Elbit Systems Ltd.
ESLT
$ 703.28 0.29 % $ 32.1 B israelIsrael
HEICO Corporation HEICO Corporation
HEI
$ 325.48 0.09 % $ 45.3 B usaUSA
Hexcel Corporation Hexcel Corporation
HXL
$ 91.98 0.11 % $ 7.31 B usaUSA
Intevac Intevac
IVAC
- - $ 107 K usaUSA
Kaman Corporation Kaman Corporation
KAMN
- - $ 1.3 B usaUSA
Kratos Defense & Security Solutions Kratos Defense & Security Solutions
KTOS
$ 47.82 0.67 % $ 7.78 B usaUSA
L3Harris Technologies L3Harris Technologies
LHX
$ 256.45 0.48 % $ 48.1 B usaUSA
Northrop Grumman Corporation Northrop Grumman Corporation
NOC
$ 514.98 0.84 % $ 73.9 B usaUSA
National Presto Industries National Presto Industries
NPK
$ 147.72 2.4 % $ 1.06 B usaUSA
Park Aerospace Corp. Park Aerospace Corp.
PKE
$ 31.28 1.62 % $ 625 M usaUSA
AMMO AMMO
POWW
$ 2.17 1.4 % $ 254 M usaUSA
RADA Electronic Industries Ltd. RADA Electronic Industries Ltd.
RADA
- -0.4 % $ 491 M israelIsrael
Sturm, Ruger & Company Sturm, Ruger & Company
RGR
$ 38.49 3.41 % $ 625 M usaUSA
Raytheon Technologies Corporation Raytheon Technologies Corporation
RTX
$ 200.79 0.67 % $ 269 B usaUSA
SIFCO Industries SIFCO Industries
SIF
$ 21.35 0.9 % $ 129 M usaUSA
Virgin Galactic Holdings Virgin Galactic Holdings
SPCE
$ 3.04 2.7 % $ 156 M usaUSA
Spirit AeroSystems Holdings Spirit AeroSystems Holdings
SPR
- - $ 4.61 B usaUSA
Smith & Wesson Brands Smith & Wesson Brands
SWBI
$ 12.89 5.05 % $ 573 K usaUSA
TAT Technologies Ltd. TAT Technologies Ltd.
TATT
$ 39.97 2.47 % $ 483 M israelIsrael
TransDigm Group Incorporated TransDigm Group Incorporated
TDG
$ 1 162.05 0.36 % $ 67.6 B usaUSA
Triumph Group Triumph Group
TGI
- 0.62 % $ 2.01 B usaUSA
Textron Textron
TXT
$ 79.07 0.16 % $ 14.1 B usaUSA
AgEagle Aerial Systems AgEagle Aerial Systems
UAVS
$ 1.06 2.78 % $ 26.6 M usaUSA
Vectrus Vectrus
VEC
- -0.94 % $ 375 M usaUSA
VSE Corporation VSE Corporation
VSEC
$ 203.91 0.66 % $ 4.31 B usaUSA