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Astec Industries

OverviewSuggest Edit

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.

TypePublic
Founded1972
HQChattanooga, TN, USMap
Websiteastecindustries.com
Employee Ratings3.3More
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Latest Updates

Employees (est.) (Dec 2019)1,437(-11%)
Revenue (FY, 2020)$1 B(-12%)
Share Price (May 2021)$69.8(-9%)

Key People/Management at Astec Industries

Barry Ruffalo

Barry Ruffalo

President and Chief Executive Officer, Director
Michael Norris

Michael Norris

Senior Vice President, International and Aftermarket Sales
Greg Oswald

Greg Oswald

Senior Vice President, Operational Excellence
Stephen C. Anderson

Stephen C. Anderson

Senior Vice President, Administration and Investor Relations
Jaco van der Merwe

Jaco van der Merwe

Group President
Becky Weyenberg

Becky Weyenberg

Chief Financial Officer
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Astec Industries Office Locations

Astec Industries has offices in Chattanooga, Albuquerque, Enid, Eugene and in 12 other locations
Chattanooga, TN, US (HQ)
1725 Shepherd Rd Chattanooga
Albuquerque, NM, US
Albuquerque, NM, USA
Enid, OK, US
Enid, OK, USA
Eugene, OR, US
86470 Franklin Blvd
Lorain, OH, US
700 W 21st St
Orlando, FL, US
Orlando, FL, USA
Show all (16)

Astec Industries Financials and Metrics

Astec Industries Revenue

Astec Industries's revenue was reported to be $1.02 b in FY, 2020
USD

Revenue (Q1, 2021)

284.4m

Gross profit (Q1, 2021)

68.5m

Gross profit margin (Q1, 2021), %

24.1%

Net income (Q1, 2021)

8.7m

EBIT (Q1, 2021)

9.8m

Market capitalization (7-May-2021)

1.6b

Closing stock price (7-May-2021)

69.8

Cash (31-Mar-2021)

164.6m

EV

1.4b
Astec Industries's current market capitalization is $1.6 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

771.3m955.7m936.3m933.0m975.6m983.2m1.1b1.2b1.2b1.2b1.0b

Revenue growth, %

5%1%17%3%

Cost of goods sold

592.3m736.9m729.3m764.3m882.2m941.6m1.0b930.2m784.3m

Gross profit

179.0m218.8m206.9m218.8m265.3m243.1m135.8m239.4m240.1m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

209.2m177.9m230.2m247.8m214.6m266.6m253.9m227.0m247.8m248.1m213.2m238.7m277.3m220.2m288.7m268.0m211.4m278.7m294.4m247.8m318.4m301.9m252.1m325.5m598.0m256.6m325.8m304.8m255.8m288.8m265.3m231.4m284.4m

Cost of goods sold

162.6m135.9m175.5m185.8m168.2m206.0m197.6m177.6m189.3m192.7m167.4m181.9m215.1m176.9m222.7m205.8m166.2m206.8m220.9m192.4m242.6m236.4m213.0m247.4m518.9m198.3m249.3m221.4m203.9m214.8m205.7m181.0m215.9m

Gross profit

46.7m41.9m54.7m62.0m46.4m60.6m56.2m49.4m58.6m55.4m45.8m56.8m62.2m43.3m66.0m62.2m45.1m72.0m73.5m55.4m75.8m65.5m39.1m78.0m79.1m58.3m76.5m83.5m51.9m74.0m59.6m50.4m68.5m

Gross profit Margin, %

22%24%24%25%22%23%22%22%24%22%21%24%22%20%23%23%21%26%25%22%24%22%16%24%13%23%23%27%20%26%22%22%24%
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

94.6m57.5m80.9m35.6m13.0m25.1m82.4m62.3m25.8m48.9m158.6m

Accounts Receivable

78.0m97.9m85.6m98.9m106.7m114.8m130.6m120.3m115.9m

Prepaid Expenses

1.7m7.0m8.6m15.2m18.8m18.2m17.5m

Inventories

253.0m299.1m308.6m342.3m387.8m384.8m360.4m391.4m355.9m294.5m249.7m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

82.0m81.4m80.2m73.5m51.7m41.6m35.9m35.6m73.2m41.2m46.3m45.0m18.6m13.8m12.5m16.4m14.0m62.4m68.5m52.5m55.4m52.1m66.4m41.9m65.2m25.7m28.6m24.9m26.3m43.9m119.8m108.5m164.6m

Accounts Receivable

82.7m86.5m98.0m101.6m98.7m109.8m116.6m105.1m99.8m99.4m2.3m3.1m2.3m1.7m4.2m1.6m103.6m3.0m3.4m3.3m4.7m5.8m4.7m121.9m133.4m136.0m110.6m136.7m114.9m127.2m141.2m

Prepaid Expenses

15.1m12.3m16.8m19.3m34.2m12.8m17.9m15.0m14.5m15.7m13.9m12.1m

Inventories

224.3m242.1m272.7m281.2m290.5m313.4m322.1m341.0m322.0m318.7m339.8m361.2m364.1m370.4m388.7m382.8m384.5m389.5m379.5m399.7m372.6m381.3m399.3m411.2m394.8m429.2m366.8m360.9m356.9m294.8m263.2m261.5m244.2m
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

32.4m39.9m40.2m39.2m34.2m32.0m55.0m37.6m(60.7m)22.2m46.9m

Depreciation and Amortization

18.0m19.3m23.0m20.7m20.8m25.8m27.9m26.2m26.9m

Inventories

7.4m(32.0m)(40.1m)(6.5m)30.8m(19.6m)30.8m61.3m44.7m

Accounts Payable

7.4m9.0m(6.4m)(11.4m)8.8m630.0k9.8m(13.0m)(8.6m)
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

19.1m26.5m10.1m24.2m32.0m12.2m22.6m29.5m13.2m24.3m6.5m9.5m14.5m1.8m14.9m11.7m28.5m17.7m18.1m6.8m15.1m29.4m(2.7m)20.2m(20.6m)(13.6m)14.2m37.6m40.5m20.5m29.8m31.5m8.7m

Depreciation and Amortization

9.6m14.2m4.6m9.4m14.3m5.9m11.7m17.5m5.4m11.0m18.0m12.8m7.0m13.9m20.8m6.6m13.1m19.7m6.3m12.6m19.4m2.6m

Inventories

(20.1m)(457.0k)21.3m30.2m41.3m(18.2m)(26.9m)(46.2m)(13.4m)(10.1m)361.2m364.1m370.4m388.7m382.8m3.6m389.5m379.5m399.7m372.6m(20.9m)399.3m(19.8m)(3.4m)(37.8m)(10.9m)(5.2m)(1.3m)(315.0k)31.4m43.2m

Accounts Payable

1.1m3.0m7.6m5.0m1.1m967.0k(3.3m)(5.7m)4.6m(434.0k)59.4m57.6m53.0m66.2m52.5m(14.6m)56.2m54.5m53.5m73.8m7.7m60.1m9.3m4.2m14.0m4.0m(2.0m)(8.9m)7.8m(7.7m)(8.0m)15.8m
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USDQ2, 2010

Financial Leverage

1.3 x
Show all financial metrics

Astec Industries Revenue Breakdown

Embed Graph

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

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

Astec Industries Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

Learn more about our premium products
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Astec Industries Online and Social Media Presence

Astec Industries's Trends

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Astec Industries News and Updates

January 06, 2021

Astec Industries to participate at Sidoti & Company LLC Virtual Investor Conference

CHATTANOOGA, Tenn., Jan. 06, 2021 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announces today that it will participate in the Sidoti & Company Virtual Investor Conference on Wednesday, January 13, 2021. Barry A. Ruffalo, President, Chief Executive Officer and Stephen C. Anderson,…
November 05, 2020

Astec Industries to present at Baird Global Industrials Conference 2020

CHATTANOOGA, Tenn., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announces today it will present during the Baird Global Industrials Conference 2020 on Tuesday, November 10, 2020. Barry A. Ruffalo, President, Chief Executive Officer, Becky A. Weyenberg, Chief Financial O…
March 04, 2020

Astec Industries Reports Fourth Quarter and Full Year 2019 Results

Fourth Quarter 2019 Highlights (all comparisons are made to the prior year fourth quarter):
October 29, 2019

Astec Industries Reports Third Quarter 2019 Results

Highlights:
September 16, 2019

Astec Industries, Inc. to Attend Sidoti & Company Fall 2019 Conference

CHATTANOOGA, Tenn., Sept. 16, 2019 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announces today it will present at the Sidoti & Company Fall 2019 Conference in New York City, New York on Wednesday, September 25, 2019. Barry A. Ruffalo, President and Chief Executive Officer and Ste…
May 03, 2019

Astec Industries, Inc. to Attend Oppenheimer 14th Annual Industrial Growth Conference

CHATTANOOGA, Tenn., May 03, 2019 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announces today it will attend the Oppenheimer 14th Annual Industrial Growth Conference in New York, NY on Tuesday, May 7, 2019. Richard J. Dorris, Chief Operating Officer and Interim Chief Executive Officer…
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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 Barry Ruffalo, Michael Norris and Greg Oswald.

  • How many employees does Astec Industries have?

    Astec Industries has 1,437 employees.

  • What is Astec Industries revenue?

    Latest Astec Industries annual revenue is $1 b.

  • What is Astec Industries revenue per employee?

    Latest Astec Industries revenue per employee is $712.9 k.

  • Who are Astec Industries competitors?

    Competitors of Astec Industries include Komatsu, Caterpillar and Gencor Industries.

  • Where is Astec Industries headquarters?

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

  • Where are Astec Industries offices?

    Astec Industries has offices in Chattanooga, Albuquerque, Enid, Eugene and in 12 other locations.

  • How many offices does Astec Industries have?

    Astec Industries has 16 offices.