Astronics Corporation (ATRO) Income Statement Analysis

See more : RF Acquisition Corp. (RFACU) Income Statement Analysis – Financial Results

Complete financial analysis of Astronics Corporation (ATRO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Astronics Corporation, a leading company in the Aerospace & Defense industry within the Industrials sector.

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Astronics Corporation (ATRO)

Industry: Aerospace & Defense

Sector: Industrials

Website: https://www.astronics.com

About Astronics Corporation

Astronics 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, South America, and internationally. It operates in two segments, Aerospace and Test Systems. The Aerospace segment offers lighting and safety systems, electrical power generation systems, distribution and seat motions systems, aircraft structures, avionics products, system certification, and other products. This segment serves airframe manufacturers (OEM) that build aircraft for the commercial, military, and general aviation markets; suppliers to OEMs; and aircraft operators, such as airlines; suppliers to the aircraft operators; and branches of the U.S. Department of Defense. The Test Systems segment designs, develops, manufactures, and maintains automated test systems that support the aerospace and defense, and communications and mass transit industries; and provides wireless communication testing for the civil land mobile radio market, as well as training and simulation devices for commercial and military applications. It serves OEMs and prime government contractors for electronics and military products. The company was incorporated in 1968 and is headquartered in East Aurora, New York.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985
Revenue	689.21M	534.89M	444.91M	502.59M	772.70M	803.26M	624.46M	633.12M	692.28M	661.04M	339.94M	266.45M	228.16M	51.82M	191.20M	173.72M	158.24M	110.77M	75.35M	34.70M	33.18M	42.94M	85.38M	71.97M	50.60M	46.10M	41.00M	38.40M	28.50M	24.90M	24.00M	23.70M	25.50M	23.60M	22.10M	21.90M	17.50M	17.10M	13.20M
Cost of Revenue	568.41M	463.35M	379.55M	405.74M	616.56M	622.56M	487.35M	473.66M	504.34M	494.00M	252.08M	197.00M	167.67M	39.38M	153.93M	143.25M	117.37M	87.52M	59.85M	30.09M	26.44M	30.69M	64.03M	48.52M	32.40M	28.10M	24.70M	24.70M	17.40M	15.00M	13.70M	14.50M	15.80M	14.60M	15.90M	14.00M	10.10M	9.20M	7.80M
Gross Profit	120.80M	71.54M	65.36M	96.84M	156.14M	180.70M	137.11M	159.47M	187.94M	167.04M	87.86M	69.44M	60.50M	12.44M	37.27M	30.47M	40.87M	23.25M	15.50M	4.61M	6.74M	12.25M	21.35M	23.45M	18.20M	18.00M	16.30M	13.70M	11.10M	9.90M	10.30M	9.20M	9.70M	9.00M	6.20M	7.90M	7.40M	7.90M	5.40M
Gross Profit Ratio	17.53%	13.37%	14.69%	19.27%	20.21%	22.50%	21.96%	25.19%	27.15%	25.27%	25.85%	26.06%	26.51%	24.01%	19.49%	17.54%	25.83%	20.99%	20.57%	13.28%	20.32%	28.53%	25.00%	32.58%	35.97%	39.05%	39.76%	35.68%	38.95%	39.76%	42.92%	38.82%	38.04%	38.14%	28.05%	36.07%	42.29%	46.20%	40.91%
Research & Development	53.50M	48.30M	85.30M	86.80M	108.90M	114.30M	95.00M	90.20M	90.30M	76.70M	52.80M	44.90M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	127.47M	101.58M	99.05M	110.53M	143.36M	117.03M	90.52M	86.33M	89.14M	79.68M	45.55M	36.82M	27.18M	6.03M	24.11M	17.42M	16.41M	13.58M	10.25M	5.48M	5.49M	5.61M	10.87M	9.59M	7.40M	7.80M	7.50M	8.00M	5.10M	4.90M	4.50M	4.40M	4.70M	5.00M	5.90M	5.40M	4.60M	4.30M	3.30M
Other Expenses	-53.50M	-1.61M	-2.16M	-4.97M	-6.06M	-1.67M	-2.89M	-2.02M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.25M	3.70M	3.10M	2.80M	2.60M	2.60M	2.50M	2.50M	1.90M	1.80M	1.80M	1.80M	1.60M	1.40M	1.30M	800.00K
Operating Expenses	127.47M	101.58M	99.05M	110.53M	143.36M	117.03M	90.52M	86.33M	89.14M	79.68M	45.55M	36.82M	27.18M	6.03M	24.11M	17.42M	16.41M	13.58M	10.25M	5.48M	5.49M	5.61M	10.87M	13.84M	11.10M	10.90M	10.30M	10.60M	7.70M	7.40M	7.00M	6.30M	6.50M	6.80M	7.70M	7.00M	6.00M	5.60M	4.10M
Cost & Expenses	695.88M	564.94M	478.60M	516.27M	759.92M	739.59M	577.87M	559.98M	593.48M	573.68M	297.63M	233.82M	194.84M	45.41M	178.04M	160.67M	133.78M	101.10M	70.10M	35.56M	31.93M	36.30M	74.91M	62.36M	43.50M	39.00M	35.00M	35.30M	25.10M	22.40M	20.70M	20.80M	22.30M	21.40M	23.60M	21.00M	16.10M	14.80M	11.90M
Interest Income	0.00	9.42M	6.80M	6.74M	6.14M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	100.00K	32.00K	22.00K	12.00K	50.00K	15.00K	29.00K	127.00K	190.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	23.33M	9.42M	6.80M	6.74M	6.14M	9.71M	5.37M	4.35M	4.75M	8.26M	4.09M	1.04M	1.91M	2.58M	2.56M	706.00K	1.42M	911.00K	764.00K	409.00K	390.00K	223.00K	520.00K	678.00K	0.00	400.00K	0.00	800.00K	500.00K	500.00K	900.00K	1.10M	1.40M	1.30M	1.50M	1.20M	0.00	1.00M	600.00K
Depreciation & Amortization	26.10M	27.78M	34.20M	36.35M	33.05M	35.03M	26.40M	25.79M	25.31M	27.25M	11.06M	6.91M	4.94M	4.88M	7.34M	4.14M	3.44M	2.93M	2.37M	1.27M	1.21M	1.27M	4.45M	4.25M	3.70M	3.10M	2.80M	2.60M	2.60M	2.50M	2.50M	1.90M	1.80M	1.80M	1.80M	1.60M	1.40M	1.30M	800.00K
EBITDA	16.79M	-2.27M	-4.68M	18.97M	61.98M	98.70M	30.36M	98.97M	124.11M	114.62M	53.36M	39.53M	38.26M	29.26M	2.15M	17.14M	27.86M	12.60M	7.00M	405.00K	2.46M	7.91M	14.92M	13.86M	10.80M	10.20M	8.80M	5.70M	6.00M	5.00M	5.80M	4.80M	5.00M	4.00M	300.00K	2.50M	2.80M	3.60M	2.10M
EBITDA Ratio	2.44%	-0.73%	-1.54%	2.63%	-2.83%	7.93%	10.06%	11.55%	14.27%	13.22%	12.44%	12.24%	15.70%	12.33%	17.55%	9.94%	17.69%	11.38%	9.75%	1.26%	7.42%	18.41%	17.47%	19.25%	21.34%	22.13%	21.46%	10.16%	21.05%	20.08%	23.75%	24.89%	18.82%	16.95%	0.90%	11.42%	16.00%	18.71%	11.36%
Operating Income	-6.67M	-30.04M	-33.69M	-18.65M	12.78M	63.66M	30.36M	73.14M	98.80M	87.36M	42.31M	32.63M	30.82M	6.42M	-6.22M	13.05M	24.46M	9.67M	5.25M	-868.00K	1.25M	6.64M	10.47M	9.61M	7.10M	7.10M	6.00M	3.10M	3.40M	2.50M	3.30M	2.90M	3.20M	2.20M	-1.50M	900.00K	1.40M	2.30M	1.30M
Operating Income Ratio	-0.97%	-5.62%	-7.57%	-3.71%	1.65%	7.93%	4.86%	11.55%	14.27%	13.22%	12.44%	12.24%	13.51%	12.38%	-3.25%	7.51%	15.46%	8.73%	6.97%	-2.50%	3.76%	15.46%	12.26%	13.35%	14.03%	15.40%	14.63%	8.07%	11.93%	10.04%	13.75%	12.24%	12.55%	9.32%	-6.79%	4.11%	8.00%	13.45%	9.85%
Total Other Income/Expenses	-19.64M	251.00K	1.71M	-11.71M	66.60M	-11.38M	-7.11M	-4.35M	-4.75M	-8.26M	-4.09M	-1.04M	-1.81M	-2.55M	-1.52M	-764.00K	-1.46M	-907.00K	2.14M	-314.00K	-200.00K	-223.00K	-569.00K	-936.00K	-200.00K	-400.00K	-400.00K	1.00M	-400.00K	-500.00K	-800.00K	-2.20M	-1.10M	-1.30M	-1.30M	-900.00K	-1.60M	-500.00K	-100.00K
Income Before Tax	-26.31M	-29.79M	-26.96M	-112.41M	68.30M	52.28M	24.99M	68.79M	94.05M	79.11M	38.21M	31.58M	29.02M	5.85M	-7.75M	12.29M	23.00M	8.76M	4.80M	-1.18M	1.05M	6.42M	9.95M	8.93M	6.90M	6.70M	5.60M	4.10M	3.00M	2.00M	2.50M	700.00K	2.10M	900.00K	-2.80M	0.00	-200.00K	1.80M	1.20M
Income Before Tax Ratio	-3.82%	-5.57%	-6.06%	-22.37%	8.84%	6.51%	4.00%	10.86%	13.59%	11.97%	11.24%	11.85%	12.72%	11.29%	-4.05%	7.07%	14.53%	7.91%	6.37%	-3.41%	3.16%	14.94%	11.66%	12.41%	13.64%	14.53%	13.66%	10.68%	10.53%	8.03%	10.42%	2.95%	8.24%	3.81%	-12.67%	0.00%	-1.14%	10.53%	9.09%
Income Tax Expense	110.00K	5.95M	-1.38M	3.37M	16.29M	5.48M	5.31M	20.36M	27.08M	22.94M	10.95M	9.71M	7.42M	1.38M	-3.94M	3.93M	7.61M	3.02M	2.14M	-448.00K	267.00K	2.37M	3.45M	2.84M	2.10M	2.40M	2.00M	1.40M	1.20M	700.00K	1.00M	200.00K	900.00K	500.00K	-800.00K	-300.00K	100.00K	800.00K	400.00K
Net Income	-26.42M	-35.75M	-25.58M	-115.78M	52.02M	46.80M	19.68M	48.42M	66.97M	56.17M	27.27M	21.87M	21.59M	4.47M	-3.80M	8.36M	15.39M	5.74M	2.65M	-734.00K	1.11M	4.55M	6.50M	6.10M	4.80M	4.30M	3.60M	2.70M	1.80M	1.30M	1.20M	400.00K	1.20M	400.00K	-2.00M	1.20M	-300.00K	1.00M	800.00K
Net Income Ratio	-3.83%	-6.68%	-5.75%	-23.04%	6.73%	5.83%	3.15%	7.65%	9.67%	8.50%	8.02%	8.21%	9.46%	8.63%	-1.99%	4.81%	9.73%	5.18%	3.52%	-2.12%	3.35%	10.60%	7.61%	8.47%	9.49%	9.33%	8.78%	7.03%	6.32%	5.22%	5.00%	1.69%	4.71%	1.69%	-9.05%	5.48%	-1.71%	5.85%	6.06%
EPS	-0.80	-1.11	-0.82	-3.76	1.62	1.45	0.60	1.44	1.99	1.70	0.71	0.58	0.71	0.60	-0.15	0.36	0.66	0.31	0.12	-0.04	0.06	0.25	0.35	0.34	0.34	0.31	0.26	0.15	0.13	0.10	0.09	0.02	0.10	0.03	-0.15	0.09	-0.02	0.07	0.06
EPS Diluted	-0.80	-1.11	-0.82	-3.76	1.60	1.41	0.58	1.40	1.93	1.63	0.68	0.55	0.66	0.58	-0.15	0.34	0.62	0.30	0.12	-0.04	0.04	0.24	0.30	0.32	0.32	0.29	0.24	0.15	0.12	0.10	0.09	0.02	0.10	0.03	-0.15	0.09	-0.02	0.07	0.06
Weighted Avg Shares Out	33.10M	32.16M	31.06M	30.80M	32.03M	32.35M	32.87M	33.54M	33.63M	33.00M	38.29M	37.56M	30.58M	25.04M	24.79M	23.64M	23.34M	18.40M	18.45M	17.55M	18.21M	18.45M	18.71M	18.09M	14.18M	13.99M	14.09M	12.93M	13.67M	13.65M	13.86M	15.40M	12.60M	15.40M	13.59M	13.57M	13.86M	14.43M	12.32M
Weighted Avg Shares Out (Dil)	33.10M	32.16M	31.06M	30.80M	32.46M	33.14M	33.72M	34.54M	34.71M	34.48M	40.21M	39.78M	32.53M	26.06M	24.79M	24.60M	24.74M	19.20M	18.45M	18.84M	18.21M	19.12M	21.44M	18.99M	15.05M	15.05M	15.12M	14.06M	14.97M	13.65M	13.86M	15.40M	12.60M	15.40M	13.59M	13.57M	13.86M	14.43M	12.32M

Astronics Corporation to Webcast Presentation at the Sidoti Small Cap Conference

November 27, 2024businesswire.com

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) to Webcast Presentation at the Sidoti Small Cap Conference.

Astronics Stock Plunges On Convertible Note Offering: But Why?

November 26, 2024seekingalpha.com

Astronics Corporation's $150 million convertible note offering led to a 15% stock price drop, reflecting shareholder concerns about potential dilution and future cash flow generation. The proceeds will repay a term loan maturing in 2027 and part of an upsized...

Astronics Corporation Announces Pricing of $150 Million Convertible Senior Notes Offering

November 26, 2024businesswire.com

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (NASDAQ: ATRO) Announces Pricing of $150 Million Convertible Senior Notes Offering.

Astronics Corporation Announces $150 Million Convertible Senior Notes Offering

November 25, 2024businesswire.com

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (NASDAQ: ATRO) Announces $150 Million Convertible Senior Notes Offering.

Why I Still Believe In Astronics Despite Recent Underperformance

November 22, 2024seekingalpha.com

Astronics' stock has underperformed, with a 10% decline since my strong buy rating, despite improved earnings and operational metrics in the third quarter. Third-quarter sales grew 25%, driven by the Aerospace and Test Systems segments, with significant margin improvements despite...

All You Need to Know About Astronics (ATRO) Rating Upgrade to Strong Buy

November 20, 2024zacks.com

Astronics (ATRO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

New Strong Buy Stocks for November 20th

November 20, 2024zacks.com

ATRO, AS, BAM, SHOP and FIHL have been added to the Zacks Rank #1 (Strong Buy) List on November 20, 2024.

Astronics Corporation (ATRO) Q3 2024 Earnings Call Transcript

November 6, 2024seekingalpha.com

Astronics Corporation (NASDAQ:ATRO ) Q3 2024 Earnings Conference Call November 6, 2024 4:45 AM ET Company Participants Craig Mychajluk - Investor Relations Peter Gundermann - Chairman, President and Chief Executive Officer David Burney - Executive Vice President and Chief Financial...

Astronics Corporation (ATRO) Beats Q3 Earnings and Revenue Estimates

November 6, 2024zacks.com

Astronics Corporation (ATRO) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to loss of $0.18 per share a year ago.