Astronics Corporation

Astronics Corporation is an innovative developer and manufacturer of high performance power management systems and lighting systems for the global aerospace industry and a designer and manufacturer of automated test, training and simulation systems for the global defense industry. Its strategy is to develop and maintain positions of technical leadership in its chosen aerospace and defense markets, to leverage those positions to grow the amount of content and volume of product it sells to these markets and to selectively acquire businesses with similar technical capabilities that could benefit from the leadership position and strategic direction.

Company Growth (employees)
Type
Public
HQ
East Aurora, US
Founded
1968
Size (employees)
2,304 (est)
Astronics Corporation was founded in 1968 and is headquartered in East Aurora, US

Key People/Management at Astronics Corporation

Peter Gundermann

Peter Gundermann

President and Chief Executive Officer
James Kramer

James Kramer

Executive Vice President
Mark Peabody

Mark Peabody

Executive Vice President
David Burney

David Burney

Executive Vice President and Chief Financial Officer

Astronics Corporation Office Locations

Astronics Corporation has offices in East Aurora, Lebanon, Dorval, Gent and in 10 other locations
East Aurora, US (HQ)
130 Commerce Way
Itasca, US
1437 Harmony Ct
Irvine, US
4 Goodyear
Amherst, US
2b 62 NH-101A
Portland, US
4784 SE 17th Ave
Portland, US
15940 SE 72nd Ave
Show all (15)

Astronics Corporation Financials and Metrics

Astronics Corporation Financials

Astronics Corporation's revenue was reported to be $633.1 m in FY, 2016 which is a 9% decrease from the previous period.
USD

Revenue (FY, 2016)

633.1 m

Revenue growth (FY, 2015 - FY, 2016), %

(9%)

Gross profit (FY, 2016)

159.5 m

Gross profit margin (FY, 2016), %

25%

Net income (FY, 2016)

48.4 m

EBIT (FY, 2016)

73.1 m

Market capitalization (17-Oct-2017)

945.4 m

Cash (31-Dec-2016)

17.9 m

EV

1.1 b
Astronics Corporation's current market capitalization is $945.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

339.9 m661 m692.3 m633.1 m

Revenue growth, %

94%5%(9%)

Cost of goods sold

252.1 m494 m504.3 m473.7 m

Gross profit

87.9 m167 m187.9 m159.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

54.6 m21.2 m18.6 m17.9 m

Inventories

85.3 m115.1 m115.5 m116.6 m

Current Assets

211.2 m245.8 m250 m255.1 m

Goodwill

101 m100.2 m115.4 m115.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

27.3 m56.2 m67 m48.4 m

Depreciation and Amortization

11.1 m27.3 m25.3 m25.8 m

Accounts Receivable

3.5 m(19 m)(729 k)(14.6 m)

Inventories

(5.2 m)25.7 m(2.5 m)(2.7 m)
Y, 2016

EV/EBIT

14.7 x

EV/CFO

22 x

EV/FCF

30 x

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.8 x
Show all financial metrics

Astronics Corporation Operating Metrics

Astronics Corporation's Backlog was reported to be $265.6 m in Q2, 2018
FY, 2014Q1, 2016Q2, 2016Q3, 2016FY, 2015Q1, 2017Q2, 2017Q3, 2017FY, 2016Q1, 2018Q2, 2018

Backlog

$370.7 m$378.5 m$352 m$297 m$274.4 m$276.8 m$293.8 m$275.2 m$258 m$252.7 m$265.6 m
Show all operating metrics

Astronics Corporation Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Astronics Luminescent Systems
Custom Control ConceptsApril 03, 2017
Armstrong AerospaceDecember 24, 2014
PGA ELECTRONICDecember 09, 2013
AeroSat CorporationOctober 01, 2013
PECOMay 28, 2013$136 m
Max-VizJuly 31, 2012$10 m
Ballard TechnologyNovember 30, 2011$24 m
DME CorporationJanuary 29, 2009
General Dynamics - Airborne Electronic SystemsFebruary 03, 2005$13 m
Astronics Advanced Electronic SystemsFebruary 01, 2005

Astronics Corporation Market Value History

Astronics Corporation Revenue Breakdown

Traffic Overview of Astronics Corporation

Astronics Corporation Online and Social Media Presence

Astronics Corporation Company Life and Culture

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