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Companies / Industrials / ASTRONICS CORP
ATRO

ASTRONICS CORP

IndustrialsTransportation Equipment
Ticker ATROEAST AURORA, NYFiscal year ends DecemberBook value per share $4.29Diluted shares 46.2M

Astronics Corporation (NASDAQ: ATRO) is a leading provider of advanced technologies to the global aerospace, defense, and electronics industries. The company operates through two reportable segments: Aerospace and Test Systems. The Aerospace segment designs and manufactures products including lighting and safety… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-07-04
Sales & profitability
$862.13M
+8.4% year over year
Last 12 mo $942.09M
8.86%
+5.5 percentage points
Last 12 mo 13.40%
$29.36M
+281.1% year over year
Last 12 mo $79.12M
20.96%
+27.3 percentage points
Last 12 mo 39.91%
Cash & financing
$74.80M
+144.7% year over year
Last 12 mo $102.51M
$43.12M
+94.8% year over year
Last 12 mo $60.68M
2.39
Was 0.66× a year earlier
Last 12 mo 1.57
36.5M
+4.1% year over year
Last 12 mo 46.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What ASTRONICS CORP does

In the company’s own words

Astronics Corporation (NASDAQ: ATRO) is a leading provider of advanced technologies to the global aerospace, defense, and electronics industries. The company operates through two reportable segments: Aerospace and Test Systems. The Aerospace segment designs and manufactures products including lighting and safety systems, electrical power generation and distribution systems, seat motion systems, aircraft structures, avionics products, and systems certification services. The Test Systems segment designs, develops, manufactures and maintains automated test systems supporting the aerospace and defense, communications, and mass transit industries, as well as training and simulation devices for commercial and military applications.

In 2025, the Aerospace segment generated 75% of sales from the commercial transport market, 15% from military aircraft, 9% from general aviation, and 1% from other markets. The company maintains principal operations in the United States, Canada, France, and Germany, with engineering offices in Ukraine and India. As of December 31, 2025, Astronics employed approximately 2,700 full-time employees, with roughly 2,100 in the United States and 600 internationally.

The company serves a diverse customer base including airframe manufacturers, aircraft operators such as airlines, U.S. Department of Defense branches, and prime government contractors. Boeing represented approximately 10.4% of consolidated sales in 2025. Astronics maintains a consolidated backlog of $674.5 million as of December 31, 2025, with the Aerospace segment representing $600.8 million and Test Systems representing $73.7 million.

The company's strategy focuses on increasing value through internal development and strategic acquisitions. Recent acquisitions include Envoy Aerospace, an FAA Organization Designation Authorization services provider, and Bühler Motor Aviation, a manufacturer of aircraft seat actuation systems. Astronics maintains a robust intellectual property portfolio including patents related to electroluminescence, instrument panels, and cord reels. The company website is www.astronics.com.

Company details
Sector
Industrials
Industry
Transportation Equipment
Headquarters
EAST AURORA, NY
Fiscal year end
December
CIK
8063
SIC
3728

Financial performance, year by year

Fiscal 2013–2025 · USD
$-221.57M$95.79M$413.15M$730.52M$1.05B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns ASTRONICS CORP — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

275
funds hold it
1 of 35
superinvestors hold it
$1.25B
held by funds, at market
38.6%
of shares held by funds
2
bond issues held by funds

Superinvestors in ASTRONICS CORP · what they did last quarter

Polen CapitalDECREASED -7.1%
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · ASTRONICS CORP’s weight in each

0.19%of fund net assets
2.05%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.10%of fund net assets
Small Cap Growth Fund
ANONX · American Century Mutual Funds, Inc.
1.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

By share class

ClassHeld by fundsFundsShares out
ATROCommon Stock, $.01 par value per share38.6%26536.1M
ATROB—148—

ASTRONICS CORP’s bonds, as funds hold them

Funds report holding 2 issues of ASTRONICS CORP’s debt, $36.74M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 0.56%, maturing 2030 to 2031.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do ASTRONICS CORP and its peers compare on margins and cash generation over ten years?”
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