ASTE ASTEC INDUSTRIES INC

Overview and Growth

ASTEC INDUSTRIES INC generated $1.41B of revenue in fiscal 2025, with net income of $38.80M and an operating cash inflow of $61.40M. Revenue of $1.41B sets the scale for evaluating how effectively sales translated into profit and cash during the year. The top line expanded 8.1% from $1.31B in fiscal 2024, increasing the company’s operating scale. Diluted earnings per share were $1.68, translating the period’s attributable earnings into the amount reported for each diluted share. Diluted EPS increased by 784.2% from $0.19 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis.

Profitability

Gross profit was $374.20M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross profit represented 26.5% of revenue, showing how much of the top line remained after direct costs. Operations produced $65.90M of income after the reported operating expense base, before the remaining non-operating and tax effects. The operating result equaled 4.7% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. The bottom-line result was net income of $38.80M, after the operating, financing, tax, and other items recognized for the period. Net margin was 2.8%, meaning that this portion of revenue remained as net income after all recognized expenses. The earnings statement records $53.10M of pretax income, the profit base against which the reported tax provision can be assessed. Pretax income represented 3.8% of revenue, placing earnings before tax in the context of the company’s operating scale. The company recognized $14.30M of income tax for the period, completing the transition from pretax income to net income. The income-tax provision equaled 26.9% of pretax income, showing the tax burden absorbed by the year’s earnings.

Liquidity and Capital Structure

Total assets were $1.37B, supported by $685.60M of liabilities and $681.60M of shareholder equity. Current assets were $816.60M against $328.00M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 2.49x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $72.00M in cash and equivalents, a narrower liquidity measure than total current assets. Cash and equivalents represented 22.0% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Borrowings totaled $335.80M, adding a fixed financing obligation alongside the company’s equity capital. Debt equaled 0.49x of book equity, describing the relative scale of borrowing and shareholder capital. Relative to total assets, debt measured 24.6%, showing how much of the asset base was matched by borrowing. The liabilities-to-assets relationship was 50.1%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 5.3% of total assets, showing the liquid cash component within the company’s broader resource base.

Cash Flow and Earnings Quality

Cash flow from operations was $61.40M, a reported cash inflow that can be compared directly with net income and capital spending. Against net income, operating cash flow measured 1.58x, showing the relationship between accrual earnings and operating cash. Capital expenditures used $40.70M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Relative to operating cash flow, capital expenditures measured 66.3%, connecting investment intensity with the company’s cash-generation base. The combination of operating cash flow and capital spending produced $20.70M of positive free cash flow for the period. Relative to revenue, free cash flow equaled 1.5%, showing how much sales converted into cash after investment. Measured against total assets, free cash flow represented 1.5%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.