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)
East Aurora, US
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
Kirkland, US
12950 Willows Rd
Lebanon, US
Lucent Dr
Gent, BE
264 De Pintelaan
Dorval, CA
55 Avenue Lindsay
Basel, CH
2 Wielandpl.
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

Revenue (Q2, 2018)

151.1 m

Gross profit (Q2, 2018)

34.2 m

Gross profit margin (Q2, 2018), %


Net income (Q2, 2018)

7.7 m

EBIT (Q2, 2018)

11.7 m

Market capitalization (11-Dec-2017)

1.2 b

Cash (01-Jul-2017)

8.3 m


1.3 b
Astronics Corporation's current market capitalization is $1.2 b.
USDFY, 2014FY, 2015FY, 2016


661 m692.3 m633.1 m

Revenue growth, %


Cost of goods sold

494 m504.3 m473.7 m

Gross profit

167 m187.9 m159.5 m
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018


161.6 m173.2 m200.1 m159.5 m164.4 m155.1 m152.4 m151.1 m

Cost of goods sold

121.5 m123.7 m140.7 m120 m119.6 m116.4 m114.1 m117 m

Gross profit

40.2 m49.5 m59.4 m39.5 m44.8 m38.7 m38.3 m34.2 m

Gross profit Margin, %

USDFY, 2014FY, 2015FY, 2016


21.2 m18.6 m17.9 m

Accounts Receivable

88.9 m95.3 m109.4 m

Prepaid Expenses

12.9 m20.7 m11.2 m


115.1 m115.5 m116.6 m
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018


22.6 m23.8 m22.4 m15.8 m20.4 m13.3 m10.8 m8.3 m

Accounts Receivable

76.3 m98.8 m124.7 m106.2 m106.3 m118.9 m112.8 m120.4 m

Prepaid Expenses

17.6 m18.1 m19.5 m16.4 m11.3 m13.1 m10.7 m14.4 m


120.8 m133.4 m119.8 m118.7 m119.3 m120.7 m122.2 m134.4 m
USDFY, 2014FY, 2015FY, 2016

Net Income

56.2 m67 m48.4 m

Depreciation and Amortization

27.3 m25.3 m25.8 m

Accounts Receivable

(18.9 m)(729 k)(14.6 m)


25.7 m(2.5 m)(2.7 m)
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

10.7 m28.4 m53.1 m11.5 m26.5 m38.5 m11.6 m19.3 m

Depreciation and Amortization

6.1 m12.5 m18.8 m6.5 m13.1 m19.5 m6.3 m12.6 m

Accounts Receivable

18.6 m(3.8 m)(29.8 m)(10.4 m)(10.9 m)(23.7 m)(3.3 m)(7.1 m)


(3.5 m)(16.8 m)(4.8 m)(3.1 m)(4.1 m)(5.1 m)(6 m)(10.5 m)
Y, 2017


114.6 x


297.4 x


-1.1 k x


0.5 x


0.3 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


$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
TelefonixOctober 27, 2017
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

Astronics Corporation's Web-traffic and Trends

Astronics Corporation Online and Social Media Presence

Astronics Corporation Company Life and Culture

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