Astec Industries designs, engineers, manufactures, and markets equipment and components primarily for the road building, aggregate processing, geothermal, water, oil and gas, and wood processing industries. The Company strives to apply creative thinking and state-of-the-art technology to traditionally low-tech industries.


Employee Rating

3.8More
TypePublic
HQChattanooga, US
Founded1972
Size (employees)1,712 (est)+10%
Websiteastecindustries.com
Astec Industries was founded in 1972 and is headquartered in Chattanooga, US
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Key People/Management at Astec Industries

Benjamin G. Brock

Benjamin G. Brock

President and CEO, Astec Industries, Inc.
James B. Baker

James B. Baker

Managing Partner, River Associates Investments, LLC.
Daniel K. Frierson

Daniel K. Frierson

Chairman and CEO, Dixie Group, Inc.
Charles F. Potts

Charles F. Potts

Chairman of Heritage Construction Materials
William B. Sansom

William B. Sansom

Chairman & CEO, the H.T. Hackney Company
Glen R. Tellock

Glen R. Tellock

President and CEO, Lakeside Foods, Inc.
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Astec Industries Office Locations

Astec Industries has offices in Chattanooga, Prairie du Chien, Yankton, Tacoma and in 16 other locations
Chattanooga, (HQ)
1725 Shepherd Rd
Show all (20)
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Astec Industries Financials and Metrics

Astec Industries Revenue

Astec Industries's revenue was reported to be $1.18 b in FY, 2017 which is a 3.3% increase from the previous period.
USD

Revenue (Q3, 2018)

256.6m

Gross profit (Q3, 2018)

58.3m

Gross profit margin (Q3, 2018), %

22.7%

Net income (Q3, 2018)

6.9m

EBIT (Q3, 2018)

7.2m

Market capitalization (12-Dec-2018)

727.0m

Closing stock price (12-Dec-2018)

31.9

Cash (30-Sep-2018)

25.7m

EV

728.6m
Astec Industries's current market capitalization is $727 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

933.0m975.6m983.2m1.1b1.2b

Revenue growth, %

5%1%17%3%

Cost of goods sold

764.3m882.2m941.6m

Gross profit

218.8m265.3m243.1m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

213.2m238.7m277.3m220.2m288.7m268.0m211.4m278.7m294.4m247.8m318.4m301.9m252.1m325.5m598.0m256.6m

Cost of goods sold

167.4m181.9m215.1m176.9m222.7m205.8m166.2m206.8m220.9m192.4m242.6m236.4m213.0m247.4m518.9m198.3m

Gross profit

45.8m56.8m62.2m43.3m66.0m62.2m45.1m72.0m73.5m55.4m75.8m65.5m39.1m78.0m79.1m58.3m

Gross profit Margin, %

21%24%22%20%23%23%21%26%25%22%24%22%16%24%13%23%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

35.6m13.0m25.1m82.4m62.3m

Accounts Receivable

98.9m106.7m114.8m

Prepaid Expenses

15.2m

Inventories

342.3m387.8m384.8m360.4m391.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

46.3m45.0m18.6m13.8m12.5m16.4m14.0m62.4m68.5m52.5m55.4m52.1m66.4m41.9m65.2m25.7m

Accounts Receivable

2.3m3.1m2.3m1.7m4.2m1.6m3.0m3.4m3.3m4.7m5.8m4.7m

Inventories

339.8m361.2m364.1m370.4m388.7m382.8m384.5m389.5m379.5m399.7m372.6m381.3m399.3m411.2m394.8m429.2m

Current Assets

521.6m545.4m536.4m531.6m568.2m566.7m556.0m599.9m607.0m590.6m606.3m611.1m609.9m632.2m642.2m624.4m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

39.2m34.2m32.0m55.0m37.6m

Depreciation and Amortization

20.7m20.8m25.8m

Inventories

(6.5m)30.8m(19.6m)

Accounts Payable

(11.4m)8.8m630.0k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

6.5m9.5m14.5m1.8m14.9m11.7m28.5m17.7m18.1m6.8m15.1m29.4m(2.7m)20.2m(20.6m)(13.6m)

Depreciation and Amortization

18.0m12.8m7.0m13.9m20.8m

Inventories

361.2m364.1m370.4m388.7m382.8m3.6m389.5m379.5m399.7m372.6m(20.9m)399.3m(19.8m)(3.4m)(37.8m)

Accounts Payable

59.4m57.6m53.0m66.2m52.5m(14.6m)56.2m54.5m53.5m73.8m7.7m60.1m9.3m4.2m14.0m
USDY, 2018

EV/EBIT

100.8 x

EV/CFO

-35.5 x

Financial Leverage

1.4 x
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Astec Industries Revenue Breakdown

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Astec Industries revenue breakdown by business segment: 19.2% from Energy Group, 34.1% from Aggregate and Mining Group and 46.7% from Infrastructure Group

Astec Industries revenue breakdown by geographic segment: 21.3% from Foreign and 78.7% from United States

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Astec Industries Online and Social Media Presence

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Astec Industries News and Updates

Astec Industries Appoints Tracey H. Cook to Board of Directors

CHATTANOOGA, Tenn., Nov. 19, 2018 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) today announced that Tracey H. Cook, President, AMECO Business Line (“AMECO”) of Fluor Corporation, has been appointed to the Company’s Board of Directors and will also serve as a member of the Board’s Audi…

Astec Industries, Inc. to Attend Baird’s 2018 Global Industrial Conference

CHATTANOOGA, Tenn., Nov. 02, 2018 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announces today that it will present at the Baird 2018 Global Industrial Conference in Chicago, IL., Tuesday, November 6, 2018. Benjamin G. Brock, President and Chief Executive Officer, David C. Silvious, C…

Wolf Popper LLP Reminds Investors of Investigations Into Astec Industries, Inc. and Microchip Technology Inc.

NEW YORK, Oct. 18, 2018 /PRNewswire/ -- On September 14, 2018, Wolf Popper LLP filed a class action complaint on behalf of investors in Microchip Technology Inc. (NASDAQ: MCHP). If you are a member of the Class, you may file a motion to be appointed lead plaintiff no later than November...

Crushing, Screening, & Mineral Processing Equipment 2018 Global Market Key Players – Sandvik AB, Terex Corporation, SBM, Thyssenkrupp, Astec Industries – Analysis and Forecast to 2023

WiseGuyRerports.com Presents “Global Crushing, Screening, & Mineral Processing Equipment Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Astec Industries, Inc. (NASDAQ: ASTE) Announces the Company’s Third Quarter Conference Call October 23, 2018 at 10:00 A.M. Eastern Time

CHATTANOOGA, Tenn., Oct. 16, 2018 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:  ASTE) to participate in a conference call to review the company’s Third Quarter financial results.

Mechanical Drive for Mining Global Market 2018-2025: AsiaTrak, Astec Industries, ASV, Bell Equipment, BEML

Wiseguyreports.Com Publish New Market Research Report On -“Mechanical Drive for Mining Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2018 - 2025” Posted via Industry Today. Follow us on Twitter @IndustryToday
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Astec Industries Company Life and Culture

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Astec Industries Frequently Asked Questions

  • When was Astec Industries founded?

    Astec Industries was founded in 1972.

  • Who are Astec Industries key executives?

    Astec Industries's key executives are Benjamin G. Brock, James B. Baker and Daniel K. Frierson.

  • How many employees does Astec Industries have?

    Astec Industries has 1,712 employees.

  • What is Astec Industries revenue?

    Latest Astec Industries annual revenue is $1.2 b.

  • What is Astec Industries revenue per employee?

    Latest Astec Industries revenue per employee is $692 k.

  • Who are Astec Industries competitors?

    Competitors of Astec Industries include Caterpillar, Volvo Construction Equipment and Gencor Industries.

  • Where is Astec Industries headquarters?

    Astec Industries headquarters is located at 1725 Shepherd Rd, Chattanooga.

  • Where are Astec Industries offices?

    Astec Industries has offices in Chattanooga, Prairie du Chien, Yankton, Tacoma and in 16 other locations.

  • How many offices does Astec Industries have?

    Astec Industries has 20 offices.