Astec Industries, Inc. (ASTE)

Astec Industries Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,310	1,305	1,338	1,275	1,096	1,024
Revenue Growth (YoY)	1.17%	-2.47%	5.00%	16.34%	6.94%	-12.41%
Cost of Revenue	959.4	976.7	1,007	1,010	846	786.8
Gross Profit	350.7	328.4	331.1	264.1	249.5	237.6
Selling, General & Admin	217.8	216.5	218.1	189.4	191.2	166.4
Research & Development	23.8	23.8	22	31.5	26.5	22.1
Operating Expenses	242.5	241.2	241.7	222.1	218.4	188.5
Operating Income	108.2	87.2	89.4	42	31.1	49.1
Interest Expense	-9	-10.7	-8.9	-2.5	-1.1	-0.7
Interest & Investment Income	3.2	2	2.1	1	0.5	0.8
Currency Exchange Gain (Loss)	-1.2	-1.2	0.7	-0.9	-0.5	1.3
Other Non Operating Income (Expenses)	2.7	0.6	0.1	0.2	-	0.5
EBT Excluding Unusual Items	103.9	77.9	83.4	39.8	30	51
Merger & Restructuring Charges	-36.9	-43	-34.8	-31.7	-16.3	-9.9
Impairment of Goodwill	-	-20.2	-	-	-	-1.6
Gain (Loss) on Sale of Investments	-	-	0.2	-0.9	-0.3	-
Gain (Loss) on Sale of Assets	0.1	1.1	3.1	0.7	0.6	7.8
Asset Writedown	-	-	-1.2	-3.5	-0.2	-2.8
Legal Settlements	-1.9	-1.9	-7.9	-	-	-
Pretax Income	65.2	13.9	42.8	4.4	13.8	44.5
Income Tax Expense	19.3	9.8	9.1	5	-2.1	-1.5
Earnings From Continuing Operations	45.9	4.1	33.7	-0.6	15.9	46
Minority Interest in Earnings	-	0.2	-0.2	0.5	-0.1	-
Net Income	45.9	4.3	33.5	-0.1	15.8	46
Net Income to Common	45.9	4.3	33.5	-0.1	15.8	46
Net Income Growth	-	-87.16%	-	-	-65.65%	106.28%
Shares Outstanding (Basic)	23	23	23	23	23	23
Shares Outstanding (Diluted)	23	23	23	23	23	23
Shares Change (YoY)	0.93%	0.32%	-0.04%	-0.69%	0.31%	0.90%
EPS (Basic)	2.01	0.19	1.47	-0.00	0.70	2.04
EPS (Diluted)	2.01	0.19	1.47	-0.00	0.69	2.01
EPS Growth	-	-87.17%	-	-	-65.67%	105.10%
Free Cash Flow	77.6	2.5	-6.3	-114.6	-12.7	126.1
Free Cash Flow Per Share	3.38	0.11	-0.28	-5.03	-0.55	5.51
Dividend Per Share	0.520	0.520	0.520	0.490	0.450	0.440
Dividend Growth	-	-	6.12%	8.89%	2.27%	-
Gross Margin	26.77%	25.16%	24.74%	20.72%	22.78%	23.19%
Operating Margin	8.26%	6.68%	6.68%	3.29%	2.84%	4.79%
Profit Margin	3.50%	0.33%	2.50%	-0.01%	1.44%	4.49%
Free Cash Flow Margin	5.92%	0.19%	-0.47%	-8.99%	-1.16%	12.31%
EBITDA	134.3	114	115	69.9	61.3	76
EBITDA Margin	10.25%	8.73%	8.59%	5.49%	5.60%	7.42%
D&A For EBITDA	26.1	26.8	25.6	27.9	30.2	26.9
EBIT	108.2	87.2	89.4	42	31.1	49.1
EBIT Margin	8.26%	6.68%	6.68%	3.29%	2.84%	4.79%
Effective Tax Rate	29.60%	70.50%	21.26%	113.64%	-	-
Advertising Expenses	-	2.1	1.8	2.1	1.5	2.6

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q