Astec Industries, Inc. (ASTE) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Agricultural - Machinery
EV/EBITDA
↓
14.36
↓-25% vs avg
5yr avg: 19.19
30Y Low6.0·High29.1
P/FCF
↓
56.50
↓-68% vs avg
5yr avg: 176.94
30Y Low10.5·High114.5
P/B Ratio
↓
1.80
+14% vs avg
5yr avg: 1.58
30Y Low0.8·High4.1
ROE
↑
5.9%
↓+107% vs avg
5yr avg: 2.8%
30Y Low-16%·High21%
Debt/EBITDA
↑
3.14
↑+71% vs avg
5yr avg: 1.83
30Y Low0.0·High8.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ASTE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Astec Industries, Inc. trades at 31.5x earnings, 62% below its 5-year average of 82.1x, sitting at the 77th percentile of its historical range. Compared to the Industrials sector median P/E of 25.5x, the stock trades at a premium of 24%. On a free-cash-flow basis, the stock trades at 56.5x P/FCF, 68% below the 5-year average of 176.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.2B | $1.0B | $768M | $847M | $927M | $1.6B | $1.3B | $952M | $691M | $1.4B | $1.6B |
| Enterprise Value | $1.5B | $1.3B | $798M | $867M | $952M | $1.5B | $1.2B | $905M | $725M | $1.3B | $1.5B |
| P/E Ratio → | 31.55 | 25.79 | 176.84 | 25.31 | — | 100.39 | 28.23 | 42.86 | — | 35.89 | 28.34 |
| P/S Ratio | 0.86 | 0.71 | 0.59 | 0.63 | 0.73 | 1.45 | 1.29 | 0.81 | 0.59 | 1.14 | 1.36 |
| P/B Ratio | 1.80 | 1.47 | 1.20 | 1.30 | 1.48 | 2.44 | 2.06 | 1.58 | 1.18 | 1.97 | 2.40 |
| P/FCF | 56.50 | 46.75 | 307.14 | — | — | — | 10.50 | 10.69 | — | 62.11 | 14.53 |
| P/OCF | 19.78 | 16.37 | 33.39 | 30.48 | — | 214.82 | 9.36 | 8.47 | — | 32.38 | 11.58 |
P/E links to full P/E history page with 30-year chart
ASTE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Astec Industries, Inc.'s enterprise value stands at 14.4x EBITDA, 25% below its 5-year average of 19.2x. This is roughly in line with the Industrials sector median of 13.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.89 | 0.61 | 0.65 | 0.75 | 1.33 | 1.14 | 0.77 | 0.62 | 1.10 | 1.30 |
| EV / EBITDA | 14.36 | 12.30 | 15.96 | 11.69 | 26.88 | 29.11 | 17.32 | 16.52 | — | 16.04 | 13.36 |
| EV / EBIT | 22.33 | 17.49 | 32.43 | 9.70 | 22.66 | 46.90 | 23.78 | 34.10 | — | 22.36 | 16.84 |
| EV / FCF | — | 58.26 | 319.14 | — | — | — | 9.26 | 10.16 | — | 59.45 | 13.87 |
ASTE Profitability
Margins and return-on-capital ratios measuring operating efficiency
Astec Industries, Inc. earns an operating margin of 4.6%, roughly in line with the Industrials sector average. Operating margins have expanded from 3.6% to 4.6% over the past 3 years, signaling improving operational efficiency. ROE of 5.9% is modest, trailing the sector median of 8.2%. ROIC of 6.2% represents adequate returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 26.5% | 26.5% | 25.1% | 24.7% | 20.7% | 22.8% | 23.2% | 20.5% | 11.4% | 20.5% | 23.1% |
| Operating Margin | 4.6% | 4.6% | 1.8% | 3.6% | 0.6% | 1.8% | 4.0% | 2.5% | -6.4% | 4.7% | 7.6% |
| Net Profit Margin | 2.8% | 2.8% | 0.3% | 2.5% | -0.0% | 1.4% | 4.5% | 1.9% | -5.2% | 3.2% | 4.8% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.9% | 5.9% | 0.7% | 5.2% | -0.0% | 2.4% | 7.4% | 3.8% | -9.5% | 5.7% | 8.7% |
| ROA | 3.2% | 3.2% | 0.4% | 3.2% | -0.0% | 1.8% | 5.6% | 2.7% | -6.9% | 4.4% | 6.8% |
| ROIC | 6.2% | 6.2% | 2.6% | 5.5% | 1.0% | 3.0% | 5.8% | 3.7% | -9.0% | 6.9% | 11.1% |
| ROCE | 7.2% | 7.2% | 3.0% | 6.5% | 1.1% | 2.9% | 6.2% | 4.5% | -10.9% | 8.0% | 13.3% |
ASTE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Astec Industries, Inc. carries a Debt/EBITDA ratio of 3.1x, which is moderately leveraged (roughly in line with the sector average of 3.2x). Net debt stands at $248M ($320M total debt minus $72M cash). Interest coverage of 3.9x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.47 | 0.47 | 0.19 | 0.13 | 0.14 | 0.00 | 0.00 | 0.00 | 0.10 | 0.01 | 0.02 |
| Debt / EBITDA | 3.14 | 3.14 | 2.37 | 1.12 | 2.48 | 0.06 | 0.03 | 0.04 | — | 0.05 | 0.10 |
| Net Debt / Equity | — | 0.36 | 0.05 | 0.03 | 0.04 | -0.20 | -0.24 | -0.08 | 0.06 | -0.08 | -0.11 |
| Net Debt / EBITDA | 2.43 | 2.43 | 0.60 | 0.27 | 0.70 | -2.62 | -2.32 | -0.86 | — | -0.72 | -0.64 |
| Debt / FCF | — | 11.52 | 12.00 | — | — | — | -1.24 | -0.53 | — | -2.67 | -0.66 |
| Interest Coverage | 3.87 | 3.87 | 2.30 | 10.04 | 16.80 | 28.27 | 70.14 | 18.97 | -81.28 | 69.12 | 63.43 |
ASTE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Astec Industries, Inc.'s current ratio of 2.49x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.07x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 2.41x to 2.49x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.49 | 2.49 | 2.66 | 2.41 | 2.54 | 2.85 | 3.32 | 2.93 | 2.96 | 3.37 | 3.42 |
| Quick Ratio | 1.07 | 1.07 | 1.10 | 0.88 | 1.11 | 1.51 | 1.86 | 1.23 | 1.08 | 1.18 | 1.28 |
| Cash Ratio | 0.22 | 0.22 | 0.34 | 0.23 | 0.24 | 0.64 | 0.96 | 0.29 | 0.15 | 0.36 | 0.49 |
| Asset Turnover | — | 1.03 | 1.25 | 1.26 | 1.26 | 1.21 | 1.21 | 1.46 | 1.37 | 1.33 | 1.36 |
| Inventory Turnover | 2.22 | 2.22 | 2.31 | 2.21 | 2.57 | 2.83 | 3.15 | 3.16 | 2.91 | 2.41 | 2.45 |
| Days Sales Outstanding | — | 56.60 | 49.36 | 45.63 | 54.27 | 48.38 | 42.97 | 38.98 | 41.74 | 36.96 | 35.21 |
ASTE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Astec Industries, Inc. returns 1.0% to shareholders annually primarily through dividends. The payout ratio of 30.7% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 3.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.0% | 1.2% | 1.5% | 1.4% | 1.2% | 0.6% | 0.8% | 1.0% | 1.4% | 0.7% | 0.6% |
| Payout Ratio | 30.7% | 30.7% | 276.7% | 35.2% | — | 64.6% | 21.7% | 44.5% | — | 24.4% | 16.7% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.2% | 3.9% | 0.6% | 4.0% | — | 1.0% | 3.5% | 2.3% | — | 2.8% | 3.5% |
| FCF Yield | 1.8% | 2.1% | 0.3% | — | — | — | 9.5% | 9.4% | — | 1.6% | 6.9% |
| Buyback Yield | 0.0% | 0.0% | 0.1% | 0.2% | 1.1% | 0.0% | 0.0% | 0.0% | 3.5% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.0% | 1.2% | 1.6% | 1.6% | 2.3% | 0.6% | 0.8% | 1.1% | 4.9% | 0.7% | 0.6% |
| Shares Outstanding | — | $23M | $23M | $23M | $23M | $23M | $23M | $23M | $23M | $23M | $23M |
Peer Comparison
Compare ASTE with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ASTEYou | $1B | 31.5 | 14.4 | 56.5 | 26.5% | 4.6% | 5.9% | 6.2% | 3.1 |
 CMI | $94B | 33.3 | 20.0 | 39.5 | 25.3% | 11.5% | 23.0% | 16.1% | 1.6 |
 TEX | $4B | 18.9 | 9.7 | 12.8 | 19.4% | 8.8% | 11.3% | 8.6% | 4.4 |
 AGCO | $9B | 12.1 | 10.1 | 11.5 | 24.8% | 6.9% | 16.9% | 8.3% | 2.6 |
 MTW | $489M | 68.1 | 8.2 | — | 18.1% | 2.6% | 1.1% | 3.9% | 4.8 |
 VMC | $37B | 35.6 | 18.3 | 33.0 | 27.3% | 20.1% | 13.0% | 8.8% | 2.3 |
 MLM | $36B | 31.9 | 19.2 | 37.0 | 30.0% | 23.3% | 11.7% | 7.6% | 2.5 |
 CX | $2B | 2.0 | 2.7 | 1.9 | 31.4% | 10.0% | 7.4% | 6.3% | 2.6 |
 ROAD | $7B | 71.4 | 22.7 | 47.4 | 15.6% | 8.5% | 13.7% | 10.3% | 4.4 |
 GVA | $6B | 38.9 | 17.1 | 18.7 | 16.1% | 5.9% | 16.8% | 10.8% | 3.8 |
 CAT | $417B | 47.6 | 33.4 | 40.6 | 32.3% | 16.6% | 43.5% | 15.9% | 3.2 |
| Industrials Median | — | 25.5 | 13.8 | 20.7 | 32.7% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonASTE — Frequently Asked Questions
Quick answers to the most common questions about buying ASTE stock.
What is Astec Industries, Inc.'s P/E ratio?
Astec Industries, Inc.'s current P/E ratio is 31.5x. The historical average is 42.5x. This places it at the 77th percentile of its historical range.
What is Astec Industries, Inc.'s EV/EBITDA?
Astec Industries, Inc.'s current EV/EBITDA is 14.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.7x.
What is Astec Industries, Inc.'s ROE?
Astec Industries, Inc.'s return on equity (ROE) is 5.9%. The historical average is 6.6%.
Is ASTE stock overvalued?
Based on historical data, Astec Industries, Inc. is trading at a P/E of 31.5x. This is at the 77th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Astec Industries, Inc.'s dividend yield?
Astec Industries, Inc.'s current dividend yield is 0.97% with a payout ratio of 30.7%.
What are Astec Industries, Inc.'s profit margins?
Astec Industries, Inc. has 26.5% gross margin and 4.6% operating margin.
How much debt does Astec Industries, Inc. have?
Astec Industries, Inc.'s Debt/EBITDA ratio is 3.1x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.