Is the business good?
How good a business is ASTE?
Astec Industries, Inc. earns 4.3% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
4.3%
Return on invested capital · cost of capital 9.0% · 4.7 points below what the capital costs: growth destroys value
- Operating margin
- 3.7%
Operating margin · Farm & Heavy Construction Machinery median 9.2% · 12 months to Q1 2026
- Cash conversion
- 1.42×
Cash conversion · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- +1.2%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2020 | 4.0% |
| FY2021 | 1.8% |
| FY2022 | 0.59% |
| FY2023 | 3.6% |
| FY2024 | 1.8% |
| FY2025 | 4.7% |
Details›
- Gross margin12 months to Q1 2026
- 26%
- Operating margin12 months to Q1 2026
- 3.7%
- Net margin12 months to Q1 2026
- 1.8%
- Free cash flow margin
- 2.5%
- Revenue, trailing twelve months
- $1.48B
- Free cash flow, trailing twelve months
- $37M
- Net income, trailing twelve months
- $26M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 4.3%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Farm & Heavy Construction Machinery
Ranks #9 of 12 by Smart Score