ASTE · NASDAQ · Industrial - Machinery

Astec Industries (ASTE)

Builds asphalt, concrete, and aggregate-processing equipment for road and materials markets.

$42.21
vs last close+0.54 (+1.30%)
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Astec Industries, Inc.ASTE
Industrials

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

CEOJaco van der Merwe
ListedJun 18, 1986
ExchangeNASDAQ
HeadquartersChattanooga, TN
CountryUnited States
Employees4,468
CIK0000792987
ISINUS0462241011

Market cap$958.1M
EPS (ttm)$0.8500
P/E (ttm)49.02
ROE2.9%
P/B1.39
P/S0.6161
Dividend yieldDiv yield1.25%
Beta1.38vs XLI 1.35

Price target$36.00−13.6%Average of 12 analysts
ConsensusBuy6 of 12 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

No analyst notes in the last 24 months.

Next report
Nov 4, 26
in 43 days
EPS estimate
$0.51
Revenue estimate
$378.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$1.19$0.88$0.88$0.47$1.06$0.54$0.94Pending
Estimate$0.73$0.46$0.56$0.45$0.74$0.88$1.04$0.51
Surprise+63.0%+91.3%+58.6%+4.4%+43.2%−38.6%−9.6%

RevenueReportedEstimate

Feb '25Apr '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$359.0M$329.4M$330.3M$350.1M$400.6M$396.3M$408.1MPending
Estimate$319.3M$320.4M$354.2M$332.6M$374.2M$393.2M$405.5M$378.6M
Surprise+12.4%+2.8%−6.7%+5.3%+7.1%+0.8%+0.6%
Estimate$0.51
ReportedDue Nov 4, 2026
Estimate$378.6M
ReportedDue Nov 4, 2026
View details

Debt to equity57.10%
Current ratio251.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$291.4M$359.0M$329.4M$330.3M$350.1M$400.6M$396.3M$408.1M
Net income−$6.2M$21.1M$14.3M$16.7M−$4.2M$12.0M$1.3M$10.5M
Net margin0.0%5.9%4.3%5.1%0.0%3.0%0.3%2.6%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$7.2M$34.8M$20.5M$21.4M$1.1M$22.8M$9.0M$20.4M
YoY growthLoss widened+84.1%+225.4%Turned profitTurned profit−34.5%−56.1%−4.7%

Balance sheet, Jun 30, 2026Cash & short-term investments $78.6M · Total debt $393.4M · Total assets $1.42B · Shareholders' equity $689.1M

Revenue
$408.1M
Operating income
$20.4M
Net income
$10.5M
View details

Dividend yield
1.25%
Next ex-date
Nov 10, 26
estimated · in 49 days
Annual dividend
$0.52
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Nov '24Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26
Dividend$0.13$0.13$0.13$0.13$0.13$0.13$0.13$0.13
Annual yield1.39%1.46%1.23%1.23%1.13%0.91%1.06%1.21%
Ex-dateNov 13Mar 10May 13Aug 11Nov 10Mar 9May 13Aug 10
Payment dateNov 27Mar 31May 30Aug 29Nov 26Mar 31May 29Aug 28
View details

Institutions≈ 97.45%22.44M shares
238 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders11.69%2.69M shares
19 holders · as of Sep 2, 2026
Adds to109.14%

23.03M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

These groups come from separate filings that can overlap, so they add to 109.14%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
15.10%3.48Mas of Jun 30, 2026
Stifel, Nicolaus & Company, IncorporatedInstitution
6.95%1.60Mfiled Dec 12, 2017
Dimensional Fund Advisors LPInstitution
6.29%1.45Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
5.96%1.37Mas of Jun 30, 2026
Division of Investment, Department of Treasury, State of New JerseyInsider
5.41%1.25Mfiled Jan 10, 2017

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Mar 3, 2026Edward Terrell Jr Gilbertofficer: GC & CORPORATE SECRETARY−975$61.07
View details

  • 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

Compare

CompanyPriceChange
Astec Industries$42.21+1.30%$958.1M49.011.40.6+23.6%
Deere & Company$699.10+2.10%$184.83B38.033.33.9+7.0%
Caterpillar$804.46−1.47%$376.11B35.128.05.0+24.0%
Terex$58.85−0.12%$6.73B29.910.81.0+50.5%
Gencor Industries$17.94+4.56%$251.5M17.017.82.3+25.3%
Median32.522.93.1+24.6%