15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 11.4% per year over the past 5 years.
Operating margin has expanded, at 8.9% in the latest year.
Free cash flow has grown 7.6% per year over the past 5 years.
Financial health
Total debt ($334M) exceeds cash ($18M); net debt is $316M.
Total debt has grown in line with revenue (14.1% vs 11.4% per year).
Total debt is 3.4× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$862M
$29M
29.9%
8.9%
21.0%
4.2%
$43M
$334M
$18M
2024
$795M
-$16M
27.7%
3.3%
-6.3%
-2.5%
$22M
$169M
$9M
2023
$689M
-$26M
25.3%
-1.0%
-10.6%
-4.2%
-$32M
$168M
$5M
2022
$535M
-$36M
13.4%
-5.6%
-14.9%
-5.8%
-$36M
$164M
$14M
2021
$445M
-$26M
14.7%
-6.4%
-10.0%
-4.2%
-$12M
$163M
—
2020
$503M
-$116M
19.3%
-20.0%
-42.8%
-18.7%
$30M
$173M
—
2019
$773M
$52M
20.2%
0.2%
13.4%
6.6%
$31M
$188M
—
2018
$803M
$47M
22.5%
7.9%
12.1%
6.0%
$39M
$234M
$17M
2017
$624M
$20M
22.0%
5.1%
6.0%
2.7%
$24M
$272M
$18M
2016
$633M
$48M
25.2%
11.8%
14.4%
8.0%
—
$148M
$18M
2015
—
$67M
—
—
22.3%
11.0%
—
$170M
$19M
2014
—
$56M
—
—
24.6%
10.0%
—
$183M
$21M
2013
—
$27M
—
—
15.9%
5.6%
$43M
$200M
$55M
2012
—
$22M
—
—
17.5%
10.3%
$7M
$30M
$7M
2011
—
$22M
—
—
21.0%
12.3%
$14M
$33M
$11M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jul '26
$260M
$35M
33.4%
15.6%
17.7%
4.6%
$24M
$310M
$9M
Apr '26
$231M
$26M
32.6%
11.8%
15.8%
3.4%
-$554000
$335M
$12M
Dec '25
$240M
$30M
33.3%
14.8%
21.1%
4.2%
$16M
$334M
$18M
Sep '25
$211M
-$11M
30.5%
10.9%
-10.2%
-1.6%
$21M
$334M
$13M
Jun '25
$205M
$1M
25.8%
2.3%
0.5%
0.2%
-$12M
$159M
$13M
Mar '25
$206M
$10M
29.5%
6.4%
3.6%
1.4%
$19M
$160M
$25M
Dec '24
$209M
-$3M
29.8%
4.3%
-1.1%
-0.4%
$23M
$169M
$9M
Sep '24
$204M
-$12M
27.1%
4.1%
-4.7%
-1.8%
$7M
$179M
$5M
Jun '24
$198M
$2M
28.0%
3.8%
0.6%
0.2%
-$8M
$174M
$3M
Mar '24
$185M
-$3M
25.7%
0.9%
-1.3%
-0.5%
$439000
$162M
$5M
Dec '23
$195M
$7M
20.5%
4.0%
2.8%
1.1%
-$3M
$168M
$5M
Sep '23
$163M
-$17M
12.7%
-8.9%
-7.3%
-2.7%
-$3M
$169M
$4M
Jul '23
$174M
-$12M
18.7%
1.4%
-5.2%
-1.8%
-$4M
$178M
$3M
Apr '23
$157M
-$4M
17.6%
-1.5%
-1.8%
-0.7%
-$21M
$172M
$4M
Dec '22
$158M
-$7M
13.6%
-2.0%
-2.8%
-1.1%
$7M
$164M
$14M
Oct '22
$131M
-$15M
10.9%
-10.9%
-6.3%
-2.5%
-$31M
$159M
$3M
Jul '22
$129M
-$11M
12.2%
-6.5%
-4.4%
-1.9%
-$12M
$136M
$11M
Apr '22
$116M
-$3M
17.2%
-3.6%
-1.2%
-0.5%
-$844000
$137M
$24M
Dec '21
$116M
$2M
15.9%
-7.5%
0.6%
0.3%
$12M
$163M
—
Oct '21
$112M
-$7M
15.4%
-4.0%
-2.9%
-1.2%
-$17M
$183M
—
Valuation over time
How the market has priced ATRO against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 79.4× (Dec '25) to 87.7× (Nov '26).
The price-to-sales ratio has risen from 1.1× (Mar '23) to 3.0× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is ATRO growing its revenue and profit?
Over the past 5 years, Astronics Corp's revenue has grown 11.4% per year. These are computed facts, not advice.
How much debt does ATRO have?
As of FY2025, Astronics Corp reported $334M of total debt against $18M of cash.
What is ATRO's profit margin?
In FY2025, gross margin was 29.9%, operating margin 8.9%, and net margin 3.4%.
What is ATRO's P/E ratio?
Astronics Corp's P/E (TTM) is 32.56 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the ATRO stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 87.7× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.