ATRO

Updated: Jun 18, 2026 10:11 AM

Astronics Corporation

Market Cap: $3.44B P/S: 15x Ownership — Insider: 2.2% | Institutional: 101.1% | Retail: -3.2% INDUSTRIALS AEROSPACE & DEFENSE

Astronics Corporation designs and manufactures products for the aerospace, defense, and electronics industries in the United States, North America, Asia, Europe, South America, and internationally. The company is headquartered in East Aurora, New York.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        20/20 dates (100%)
  ✅ grossProfit                         20/20 dates (100%)
  ✅ netIncome                           20/20 dates (100%)

Plot for ATRO (in M)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -862.13M            -431.06M              0.00M              431.06M              862.13M
               |                   |                   |                   |                    |

  2006-12-31 |                                         |  110.77M
  2007-12-31 |                                         |  158.24M
  2008-12-31 |                                         |  173.72M
  2009-12-31 |                                        |  191.20M
  2010-12-31 |                                         |  51.82M
  2011-12-31 |                                         |  228.16M
  2012-12-31 |                                         |  266.45M
  2013-12-31 |                                         |  339.94M
  2014-12-31 |                                         |  661.04M
  2015-12-31 |                                         |  692.28M
  2016-12-31 |                                         |  633.12M
  2017-12-31 |                                         |  624.46M
  2018-12-31 |                                         |  803.26M
  2019-12-31 |                                         |  772.70M
  2020-12-31 |                                    |  502.59M
  2021-12-31 |                                        |  444.91M
  2022-12-31 |                                       |  534.89M
  2023-12-31 |                                        |  689.21M
  2024-12-31 |                                        |  795.43M
  2025-12-31 |                                         |  862.13M

               |                   |                   |                   |                    |
               -862.13M            -431.06M              0.00M              431.06M              862.13M

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              20/20 dates (100%)
  ✅ sellingGeneralAndAdministrative     20/20 dates (100%)
  ✅ costofGoodsAndServicesSold          20/20 dates (100%)

Plot for ATRO (in M)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M              156.77M             313.54M             470.31M              627.08M
               |                   |                   |                   |                    |

  2006-12-31 |  87.52M
  2007-12-31 |  117.37M
  2008-12-31 |  143.25M
  2009-12-31 |  153.93M
  2010-12-31 |  39.38M
  2011-12-31 |  167.67M
  2012-12-31 |  197.00M
  2013-12-31 |  252.08M
  2014-12-31 |  494.00M
  2015-12-31 |  504.34M
  2016-12-31 |  473.66M
  2017-12-31 |  487.35M
  2018-12-31 |  622.56M
  2019-12-31 |  616.56M
  2020-12-31 |  405.74M
  2021-12-31 |  379.55M
  2022-12-31 |  463.35M
  2023-12-31 |  568.41M
  2024-12-31 |  627.08M
  2025-12-31 |  603.97M

               |                   |                   |                   |                    |
               0.00M              156.77M             313.54M             470.31M              627.08M

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         20/20 dates (100%)
  ✅ shortLongTermDebtTotal              20/20 dates (100%)
  ✅ operatingCashflow                   20/20 dates (100%)

Plot for ATRO (in M)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -378.35M            -189.18M              0.00M              189.18M              378.35M
               |                   |                   |                   |                    |

  2006-12-31 |                                        |  18.45M
  2007-12-31 |                                         |  22.93M
  2008-12-31 |                                         |  14.45M
  2009-12-31 |                                         |  44.78M
  2010-12-31 |                                         |  38.58M
  2011-12-31 |                                         |  33.26M
  2012-12-31 |                                         |  29.98M
  2013-12-31 |                                         |  200.32M
  2014-12-31 |                                         |  183.01M
  2015-12-31 |                                         |  169.79M
  2016-12-31 |                                         |  148.12M
  2017-12-31 |                                         |  271.77M
  2018-12-31 |                                         |  233.98M
  2019-12-31 |                                         |  218.48M
  2020-12-31 |                                         |  178.00M
  2021-12-31 |                                        |  169.78M
  2022-12-31 |                                      |  178.41M
  2023-12-31 |                                      |  197.88M
  2024-12-31 |                                         |  193.87M
  2025-12-31 |                                         |  378.35M

               |                   |                   |                   |                    |
               -378.35M            -189.18M              0.00M              189.18M              378.35M

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   20/20 dates (100%)
  ✅ capitalExpenditures                 20/20 dates (100%)

Plot for ATRO (in M)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -99.87M             -49.94M              0.00M              49.94M               99.87M
               |                   |                   |                   |                    |

  2006-12-31 |                                        |  5.40M
  2007-12-31 |                                         |  9.59M
  2008-12-31 |                                         |  11.51M
  2009-12-31 |                                         |  31.09M
  2010-12-31 |                                         |  16.50M
  2011-12-31 |                                         |  27.91M
  2012-12-31 |                                         |  24.18M
  2013-12-31 |                                         |  49.55M
  2014-12-31 |                                         |  99.87M
  2015-12-31 |                                         |  78.50M
  2016-12-31 |                                         |  48.85M
  2017-12-31 |                                         |  37.78M
  2018-12-31 |                                         |  54.88M
  2019-12-31 |                                         |  42.69M
  2020-12-31 |                                         |  37.34M
  2021-12-31 |                                       |  6.03M
  2022-12-31 |                              |  -28.31M
  2023-12-31 |                               |  -23.95M
  2024-12-31 |                                         |  30.57M
  2025-12-31 |                                         |  74.80M

               |                   |                   |                   |                    |
               -99.87M             -49.94M              0.00M              49.94M               99.87M

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         20/20 dates (100%)
  ✅ totalLiabilities                    20/20 dates (100%)
  ✅ totalShareholderEquity              20/20 dates (100%)

Plot for ATRO (in M)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00M              195.68M             391.36M             587.04M              782.72M
               |                   |                   |                   |                    |

  2006-12-31 |  82.54M
  2007-12-31 |  104.12M
  2008-12-31 |  104.67M
  2009-12-31 |  138.71M
  2010-12-31 |  150.89M
  2011-12-31 |  174.91M
  2012-12-31 |  211.99M
  2013-12-31 |  491.27M
  2014-12-31 |  562.91M
  2015-12-31 |  609.24M
  2016-12-31 |  604.34M
  2017-12-31 |  735.96M
  2018-12-31 |  774.64M
  2019-12-31 |  782.72M
  2020-12-31 |  619.75M
  2021-12-31 |  609.14M
  2022-12-31 |  615.03M
  2023-12-31 |  649.00M
  2024-12-31 |  648.76M
  2025-12-31 |  706.68M

               |                   |                   |                   |                    |
               0.00M              195.68M             391.36M             587.04M              782.72M

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           20/20 dates (100%)
  ✅ shortLongTermDebtTotal              20/20 dates (100%)
  ✅ totalShareholderEquity              20/20 dates (100%)

Plot for ATRO (in M)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -388.86M            -194.43M              0.00M              194.43M              388.86M
               |                   |                   |                   |                    |

  2006-12-31 |                                         |  31.35M
  2007-12-31 |                                         |  49.23M
  2008-12-31 |                                         |  58.26M
  2009-12-31 |                                        |  60.11M
  2010-12-31 |                                         |  77.22M
  2011-12-31 |                                         |  102.86M
  2012-12-31 |                                         |  125.13M
  2013-12-31 |                                         |  200.32M
  2014-12-31 |                                         |  228.18M
  2015-12-31 |                                         |  300.23M
  2016-12-31 |                                         |  337.45M
  2017-12-31 |                                         |  329.93M
  2018-12-31 |                                         |  386.62M
  2019-12-31 |                                         |  388.86M
  2020-12-31 |                             |  270.37M
  2021-12-31 |                                      |  256.60M
  2022-12-31 |                                     |  239.92M
  2023-12-31 |                                      |  249.52M
  2024-12-31 |                                       |  256.10M
  2025-12-31 |                                         |  378.35M

               |                   |                   |                   |                    |
               -388.86M            -194.43M              0.00M              194.43M              388.86M

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        25/25 dates (100%)
  ✅ grossProfit                         25/25 dates (100%)
  ✅ netIncome                           25/25 dates (100%)

Plot for ATRO (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -493.91M            -246.96M              0.00M              246.96M              493.91M
               |                   |                   |                   |                    |

  2020-03-31 |                                    |  157.58M
  2020-06-30 |                                       |  123.69M
  2020-09-30 |                                        |  106.51M
  2020-12-31 |                                       |  114.80M
  2021-03-31 |                                        |  105.86M
  2021-06-30 |                                        |  111.16M
  2021-09-30 |                                        |  111.84M
  2021-12-31 |                                         |  116.05M
  2022-03-31 |                                        |  116.18M
  2022-06-30 |                                        |  129.13M
  2022-09-30 |                                        |  131.44M
  2022-12-31 |                                        |  158.15M
  2023-03-31 |                                        |  156.54M
  2023-06-30 |                                        |  174.45M
  2023-09-30 |                                      |  493.91M
  2023-12-31 |                                         |  195.29M
  2024-03-31 |                                        |  185.07M
  2024-06-30 |                                         |  198.11M
  2024-09-30 |                                        |  203.70M
  2024-12-31 |                                        |  208.54M
  2025-03-31 |                                         |  205.94M
  2025-06-30 |                                         |  204.68M
  2025-09-30 |                                        |  211.45M
  2025-12-31 |                                         |  240.07M
  2026-03-31 |                                         |  230.62M

               |                   |                   |                   |                    |
               -493.91M            -246.96M              0.00M              246.96M              493.91M

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              25/25 dates (100%)
  ✅ sellingGeneralAndAdministrative     25/25 dates (100%)
  ✅ costofGoodsAndServicesSold          25/25 dates (100%)

Plot for ATRO (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M              103.27M             206.55M             309.82M              413.09M
               |                   |                   |                   |                    |

  2020-03-31 |  121.86M
  2020-06-30 |  96.86M
  2020-09-30 |  91.33M
  2020-12-31 |  95.69M
  2021-03-31 |  91.58M
  2021-06-30 |  95.76M
  2021-09-30 |  94.61M
  2021-12-31 |  97.59M
  2022-03-31 |  96.24M
  2022-06-30 |  113.42M
  2022-09-30 |  117.05M
  2022-12-31 |  136.64M
  2023-03-31 |  129.03M
  2023-06-30 |  141.76M
  2023-09-30 |  413.09M
  2023-12-31 |  155.32M
  2024-03-31 |  137.56M
  2024-06-30 |  142.55M
  2024-09-30 |  160.96M
  2024-12-31 |  158.49M
  2025-03-31 |  145.09M
  2025-06-30 |  151.85M
  2025-09-30 |  146.94M
  2025-12-31 |  160.10M
  2026-03-31 |  155.49M

               |                   |                   |                   |                    |
               0.00M              103.27M             206.55M             309.82M              413.09M

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ operatingCashflow                   25/25 dates (100%)

Plot for ATRO (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -379.39M            -189.69M              0.00M              189.69M              379.39M
               |                   |                   |                   |                    |

  2020-03-31 |                                         |  362.18M
  2020-06-30 |                                         |  197.79M
  2020-09-30 |                                        |  194.10M
  2020-12-31 |                                         |  178.00M
  2021-03-31 |                                        |  177.86M
  2021-06-30 |                                         |  180.00M
  2021-09-30 |                                       |  203.53M
  2021-12-31 |                                         |  169.78M
  2022-03-31 |                                         |  154.06M
  2022-06-30 |                                        |  153.91M
  2022-09-30 |                                      |  174.94M
  2022-12-31 |                                         |  178.41M
  2023-03-31 |                                       |  185.62M
  2023-06-30 |                                        |  208.38M
  2023-09-30 |                                        |  198.62M
  2023-12-31 |                                        |  197.88M
  2024-03-31 |                                         |  191.18M
  2024-06-30 |                                        |  201.84M
  2024-09-30 |                                         |  205.46M
  2024-12-31 |                                         |  193.87M
  2025-03-31 |                                         |  196.06M
  2025-06-30 |                                        |  195.81M
  2025-09-30 |                                         |  379.39M
  2025-12-31 |                                         |  378.35M
  2026-03-31 |                                         |  379.11M

               |                   |                   |                   |                    |
               -379.39M            -189.69M              0.00M              189.69M              379.39M

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   25/25 dates (100%)
  ✅ capitalExpenditures                 25/25 dates (100%)

Plot for ATRO (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -34.90M             -17.45M              0.00M              17.45M               34.90M
               |                   |                   |                   |                    |

  2020-03-31 |                                         |  23.25M
  2020-06-30 |                                         |  18.30M
  2020-09-30 |                             |  -10.04M
  2020-12-31 |                                         |  5.82M
  2021-03-31 |                                 |  -6.86M
  2021-06-30 |                                         |  4.53M
  2021-09-30 |                      |  -16.16M
  2021-12-31 |                                         |  12.97M
  2022-03-31 |                                         |  1.16M
  2022-06-30 |                             |  -10.65M
  2022-09-30 |        |  -28.81M
  2022-12-31 |                                         |  10.83M
  2023-03-31 |                   |  -19.18M
  2023-06-30 |                                       |  2.23M
  2023-09-30 |                                        |  2.23M
  2023-12-31 |                                       |  -1.67M
  2024-03-31 |                                         |  2.04M
  2024-06-30 |                                  |  -6.26M
  2024-09-30 |                                         |  8.37M
  2024-12-31 |                                         |  26.42M
  2025-03-31 |                                         |  20.64M
  2025-06-30 |                                |  -7.63M
  2025-09-30 |                                         |  34.90M
  2025-12-31 |                                         |  27.62M
  2026-03-31 |                                         |  11.16M

               |                   |                   |                   |                    |
               -34.90M             -17.45M              0.00M              17.45M               34.90M

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         25/25 dates (100%)
  ✅ totalLiabilities                    25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for ATRO (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               0.00M              212.51M             425.01M             637.52M              850.03M
               |                   |                   |                   |                    |

  2020-03-31 |  850.03M
  2020-06-30 |  658.53M
  2020-09-30 |  637.46M
  2020-12-31 |  619.75M
  2021-03-31 |  605.96M
  2021-06-30 |  602.50M
  2021-09-30 |  610.31M
  2021-12-31 |  609.14M
  2022-03-31 |  588.47M
  2022-06-30 |  582.28M
  2022-09-30 |  598.89M
  2022-12-31 |  615.03M
  2023-03-31 |  616.41M
  2023-06-30 |  653.59M
  2023-09-30 |  630.87M
  2023-12-31 |  649.00M
  2024-03-31 |  629.96M
  2024-06-30 |  644.86M
  2024-09-30 |  651.60M
  2024-12-31 |  648.76M
  2025-03-31 |  662.24M
  2025-06-30 |  646.69M
  2025-09-30 |  682.19M
  2025-12-31 |  706.68M
  2026-03-31 |  747.14M

               |                   |                   |                   |                    |
               0.00M              212.51M             425.01M             637.52M              850.03M

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for ATRO (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -379.39M            -189.69M              0.00M              189.69M              379.39M
               |                   |                   |                   |                    |

  2020-03-31 |                                  |  362.18M
  2020-06-30 |                                       |  292.36M
  2020-09-30 |                                        |  289.85M
  2020-12-31 |                                       |  270.37M
  2021-03-31 |                                        |  260.30M
  2021-06-30 |                                        |  254.85M
  2021-09-30 |                                        |  251.66M
  2021-12-31 |                                         |  256.60M
  2022-03-31 |                                        |  260.08M
  2022-06-30 |                                        |  250.68M
  2022-09-30 |                                       |  237.09M
  2022-12-31 |                                        |  239.92M
  2023-03-31 |                                        |  238.92M
  2023-06-30 |                                        |  230.40M
  2023-09-30 |                                     |  232.41M
  2023-12-31 |                                         |  249.52M
  2024-03-31 |                                        |  251.72M
  2024-06-30 |                                         |  257.88M
  2024-09-30 |                                        |  249.20M
  2024-12-31 |                                        |  256.10M
  2025-03-31 |                                         |  266.76M
  2025-06-30 |                                         |  271.57M
  2025-09-30 |                                        |  379.39M
  2025-12-31 |                                         |  378.35M
  2026-03-31 |                                         |  379.11M

               |                   |                   |                   |                    |
               -379.39M            -189.69M              0.00M              189.69M              379.39M

Price History

Volume

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