ASTEC INDUSTRIES INC (ASTE)
Industrials · road construction and material processing equipment manufacturing · NASDAQ
Astec Industries manufactures equipment and automation systems for road construction and material processing, with a growing digital ecosystem and recent acquisitions expanding its market reach into crushing and screening applications.
What ASTEC INDUSTRIES INC does
Astec Industries designs, manufactures, and services equipment and components for asphalt and concrete road construction, from aggregate crushing and quarrying to road surface application. The company also produces material processing equipment, industrial automation controls, telematics platforms, and equipment for mining, recycling, demolition, energy, and forestry sectors, serving road builders, contractors, aggregates producers, and government agencies globally.
Themes: ["road construction equipment","asphalt and concrete","material processing and crushing","industrial automation / controls","aftermarket parts and service","digital ecosystem / IoT"]
Fundamentals
- Price$55.66 as of 2026-07-09 close
- Market cap$1.3B as of 2026-07-10
- 1-year return+36.4% as of 2026-07-09 close
- P/E49.71 as of 2026-07-10
- Net margin+1.8% as of 2026-07-10
- Gross margin+25.8% as of 2026-07-10
- ROE+3.8% as of 2026-07-10
- Debt / equity0.58 as of 2026-07-10
- Revenue growth (YoY)+11.5% as of 2026-07-10
- Revenue CAGR (3y)+3.4% SEC XBRL
- Beta1.36 as of 2026-07-10
Dividend: yield +0.9%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Acquisition integration risk: recent material acquisitions of TerraSource (July 2025) and CWMF (January 2026) with associated goodwill and intangible assets of $282.1M representing 20% of total assets","ERP system transformation: multi-year standardized enterprise resource planning rollout across disparate legacy systems could disrupt operations","Cyclical end-market exposure: revenue heavily dependent on road construction and infrastructure spending cycles; Q1 2026 net income declined 91% YoY to $1.3M despite 20% sales growth, with operating income falling 56% due to SG&A deleverage"]
Competitors & peers
- Caterpillar (CAT)
- John Deere (DE)
- Terex (TEX)
- Volvo CE
- Atlas Copco
- Wirtgen Group
- JCB
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.