Astec Industries
Builds asphalt, concrete, and aggregate-processing equipment for road and materials markets.
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Profile
Builds equipment and parts for asphalt road building, concrete production, and aggregate processing. The business runs through Infrastructure Solutions and Materials Solutions, with sales concentrated in the United States and demand tied to infrastructure, construction, materials, and aftermarket service cycles.
Designs, manufactures, and services equipment used from quarrying and crushing aggregate to laying the road surface. Infrastructure Solutions covers asphalt and concrete plants, plant controls, telematics, pavers, milling machines, thermal systems, recycling, land-clearing, and related heavy equipment.
Materials Solutions supplies crushing, screening, washing, material-handling, and breaking equipment for aggregate and minerals processing. Service, rebuilding, parts, and turnkey processing support extend the business beyond new machine sales, including replacement parts for Astec lines and some competitors' equipment.
Sales are concentrated in the United States, with international markets smaller but present. Execution now runs through the OneASTEC integration model, a multi-year ERP program, and the TerraSource and CWMF integrations. Demand also depends on public and private infrastructure spending, while competition is fragmented across product performance, service, and price.
Company facts
Key statistics
Year to date −2.8% · Average volume (30d) 263.2K
Analysts
Ratings
Target range
Latest analyst notes
No analyst notes in the last 24 months.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 5, 2026Q2 FY26 | $1.04 | $0.94 | −9.6% | $405.5M | $408.1M | +0.6% | −13.80% |
| May 6, 2026Q1 FY26 | $0.88 | $0.54 | −38.6% | $393.2M | $396.3M | +0.8% | −1.12% |
| Feb 25, 2026Q4 FY25 | $0.74 | $1.06 | +43.2% | $374.2M | $400.6M | +7.1% | +1.68% |
| Nov 5, 2025Q3 FY25 | $0.45 | $0.47 | +4.4% | $374.2M | $350.1M | −6.4% | +0.53% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $329.4M | $330.3M | $350.1M | $400.6M | $396.3M | $408.1M | |
| Gross profit | $92.5M | $88.3M | $88.5M | $109.3M | $99.1M | $106.8M | |
| Operating income | $20.5M | $21.4M | $1.1M | $22.8M | $9.0M | $20.4M | |
| Net income | $14.3M | $16.7M | −$4.2M | $12.0M | $1.3M | $10.5M | |
| Diluted EPS | $0.62 | $0.72 | −$0.18 | $0.52 | $0.06 | $0.45 | |
| Gross margin | 28.1% | 26.7% | 25.3% | 27.3% | 25.0% | 26.2% | |
| Operating margin | 6.2% | 6.5% | 0.3% | 5.7% | 2.3% | 5.0% |
Fiscal years (4-quarter sums)FY21 $1.10B · FY22 $1.27B · FY23 $1.34B · FY24 $1.31B · FY25 $1.41B
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $78.6M · Total debt $393.4M · Total assets $1.42B · Shareholders' equity $689.1M
Dividends
Raised for 12 straight years — most recently to $0.13 from $0.12 in Nov 2022. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 10, 2026 | Aug 10 | Aug 28 | $0.13 | |
| May 13, 2026 | May 13 | May 29 | $0.13 | |
| Mar 9, 2026 | Mar 9 | Mar 31 | $0.13 | |
| Nov 10, 2025 | Nov 10 | Nov 26 | $0.13 | |
| Aug 11, 2025 | Aug 11 | Aug 29 | $0.13 | |
| May 13, 2025 | May 13 | May 30 | $0.13 | |
| Mar 10, 2025 | Mar 10 | Mar 31 | $0.13 | |
| Nov 13, 2024 | Nov 13 | Nov 27 | $0.13 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 22.99M · Float 22.64M · 98.5% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 3.48M | 15.12% | 13F | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 1.45M | 6.30% | 13F | Aug 11, 2026 |
| Vanguard Portfolio Management LLC | 1.37M | 5.97% | 13F | Aug 13, 2026 |
| Gamco Investors, Inc. et al | 1.08M | 4.69% | 13F | Aug 12, 2026 |
| Vanguard Capital Management LLC | 1.02M | 4.43% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 3, 2026 | Edward Terrell Jr Gilbert | officer: GC & CORPORATE SECRETARY | −975 | $61.07 |
| Sep 11, 2025 | Barend Snyman | officer: Group President | −2,498 | $47.22 |
Peers
- Deere & Company
Full-road-chain rival through Wirtgen road and quarry brands
- Caterpillar
Roadbuilding equipment rival in paving, milling, and reclamation
- Terex
Materials-processing rival in crushing, washing, and conveying
- Gencor Industries
Direct asphalt-plant rival with burners and thermal systems
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Astec Industries | $43.39 | +0.05% | $997.7M | 51.0 | 11.1 | 0.6 | +23.6% |
| Deere & Company | $630.06 | −0.02% | $170.15B | 35.0 | 30.2 | 3.6 | +7.0% |
| Caterpillar | $799.82 | −0.02% | $368.62B | 34.4 | 27.8 | 4.9 | +24.0% |
| Terex | $63.73 | −0.02% | $7.28B | 32.4 | 11.7 | 1.1 | +50.5% |
| Gencor Industries | $18.88 | +0.05% | $277.2M | 16.3 | 17.6 | 2.5 | −11.5% |
| Median | 33.4 | 22.7 | 3.0 | +15.5% |