# Astronics Corporation (ATRO) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Industrials / Aerospace & Defense. Price $76.26, market value $3.3 billion.

## Valuation
- **P/E (trailing): 41.7×** (5-yr avg 53.4×, 3-yr avg 53.4×). Astronics Corporation trades at 41.7× trailing earnings, well below its own five-year average of 53.4×: cheap by its own standards. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 24.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.09**. A PEG of 0.09 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 3.5×**. Each dollar of revenue is priced at 3.5×.
- **Price / book: 16.5×**. The shares trade at 16.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 24.1×**. Enterprise value is 24.1× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 1.9%** (5-yr avg -3.3%). Free cash flow equals 1.9% of the market value, above its five-year average of -3.3%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 2.4%**. The inverse of the P/E: 2.4% of the price is earned each year.

## Profitability
- **Gross margin: 32.5%**. Astronics Corporation keeps 32.5% of revenue after the direct cost of what it sells.
- **Operating margin: 13.4%**. 13.4% of revenue is left after running the business.
- **Net margin: 3.4%**. 3.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 21.0%**. 21.0% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 21.8%**. Return on all capital, debt included, is 21.8%: comfortably above what that capital costs.
- **Return on assets: 11.2%**. Each dollar of assets produces 11.2% of profit.

## Growth
- **Revenue growth (1 yr): 8.4%** (3-yr 17.2%/yr, 5-yr 11.4%/yr). Revenue grew 8.4% over the last year, against 11.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 276.1%**. Earnings per share rose 276.1%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 2.39**. Debt is 2.39 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 2.1×**. It would take 2.1 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 5.33**. A Z-score of 5.33 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Astronics Corporation does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (5 analysts). 5 analysts cover Astronics Corporation; the consensus is buy, with an average price target of $89.55 (+17% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 144.6%** (YTD 76.2%, 3-mo 12.8%). The shares are up 144.6% over twelve months including dividends.
- **From 52-week high: -19.3%** (155.8% above the low). Trading 19% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 1.94** (volatility 57%). Beta of 1.94 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ATRO · Page: https://foliofundamentals.com/stocks/atro

Not investment advice.