Astec Industries (NASDAQ:ASTE) Announces Earnings Results, Beats Expectations By $0.32 EPS

Astec Industries (NASDAQ:ASTE) posted its quarterly earnings data on Wednesday. The industrial products company reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.32, FiscalAI reports. Astec Industries had a return on equity of 11.93% and a net margin of 3.50%.The firm had revenue of $400.60 million during the quarter, compared to analyst estimates of $374.21 million.

Here are the key takeaways from Astec Industries’ conference call:

• Astec reported a record fourth quarter with $400.6 million in net sales and full-year Adjusted EBITDA of $140.7 million (upper end of guidance), and provided 2026 Adjusted EBITDA guidance of $170M–$190M.
• Backlog grew to $514 million (up 14.4% sequential, 22.5% YoY) with a consolidated book-to-bill of 116%, while parts sales—high-margin, recurring revenue—rose 19.7% in Q4 and represented 30.7% of 2025 net sales.
• Strategic acquisitions (TerraSource and CWMF, together representing >$200M in annual revenue) are being integrated and expected to be accretive in 2026, with TerraSource fill-rate and cross-selling efforts progressing.
• Demand remains uneven—forestry and mobile paving equipment were challenged and backlogs in those product lines are still at the lower end of historical ranges, and longer-term upside depends on timely renewal of the U.S. surface transportation reauthorization (current bill expires Sept 30, 2026).
• Balance sheet and liquidity are strong with $70M cash, $244.7M available credit (total liquidity $314.7M) and net debt/Adjusted EBITDA around 2x, providing capacity to fund organic investments (CapEx guide $40M–$50M) and further M&A.

Astec Industries Stock Performance

Shares of ASTE stock opened at $62.75 on Thursday. The firm has a 50-day moving average of $50.69 and a 200-day moving average of $47.63. The company has a market cap of $1.44 billion, a P/E ratio of 30.38, a P/E/G ratio of 2.53 and a beta of 1.45. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.58 and a quick ratio of 1.01. Astec Industries has a one year low of $29.65 and a one year high of $64.37.

Astec Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 9th will be issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, March 9th. Astec Industries’s payout ratio is currently 25.00%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Astec Industries from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 7th. Weiss Ratings restated a “hold (c)” rating on shares of Astec Industries in a report on Monday, December 29th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $41.00.

Institutional Investors Weigh In On Astec Industries

Institutional investors have recently added to or reduced their stakes in the company. Millennium Management LLC lifted its position in shares of Astec Industries by 142.3% during the 4th quarter. Millennium Management LLC now owns 347,231 shares of the industrial products company’s stock worth $15,042,000 after buying an additional 203,911 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Astec Industries by 184.2% during the fourth quarter. JPMorgan Chase & Co. now owns 191,498 shares of the industrial products company’s stock valued at $8,296,000 after acquiring an additional 124,111 shares during the last quarter. Invesco Ltd. lifted its holdings in Astec Industries by 29.9% during the second quarter. Invesco Ltd. now owns 494,814 shares of the industrial products company’s stock worth $20,629,000 after acquiring an additional 113,765 shares during the period. Qube Research & Technologies Ltd lifted its holdings in Astec Industries by 256.6% during the third quarter. Qube Research & Technologies Ltd now owns 137,027 shares of the industrial products company’s stock worth $6,595,000 after acquiring an additional 98,601 shares during the period. Finally, Bridgeway Capital Management LLC purchased a new position in Astec Industries in the third quarter worth $3,371,000. 93.16% of the stock is owned by institutional investors.

Key Headlines Impacting Astec Industries

Here are the key news stories impacting Astec Industries this week:

• Positive Sentiment: Record revenue, sales beat and strong backlog — Astec reported record Q4 net sales of $400.6M (up 11.6% YoY), revenue topped street estimates and backlog grew 22.5% to $514.1M, supporting near‑term revenue visibility. Astec Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Adjusted results and revenue mix helped investors — Materials Solutions grew strongly (net sales +60.6% in Q4) and adjusted EPS/adjusted EBITDA metrics were solid, which market commentary framed as an earnings beat on an adjusted basis. Astec Industries (ASTE) Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: Management gave upbeat 2026 adjusted EBITDA guidance — management is targeting $170M–$190M of adjusted EBITDA in 2026, citing backlog, acquisitions and federal infrastructure tailwinds, which supports a constructive near‑term outlook. Astec Industries targets $170M–$190M adjusted EBITDA in 2026
• Neutral Sentiment: Trading halt / LULD pause occurred intraday — the stock experienced a short-lived LULD pause, a procedural market event that can briefly amplify moves. (No external link provided)
• Neutral Sentiment: Multiple call transcripts and coverage — full earnings and call transcripts are available (some outlets emphasized adjusted beats, others highlighted GAAP figures), creating mixed messaging for investors. Astec Q4 2025 Earnings Call Transcript
• Negative Sentiment: GAAP EPS weakness and margin pressure — GAAP diluted EPS was $0.52 in Q4 (down from $0.92 a year ago) and operating income/margins compressed versus the prior year, which could limit valuation upside if trends persist. Astec Q4 2025 Earnings Call Transcript (InsiderMonkey)
• Negative Sentiment: Higher leverage and acquisitive spending — the company recorded ~$248.7M of acquisitions for the year, long‑term debt rose materially (to ~$319.6M), and capex was elevated; higher interest and integration costs could pressure near‑term margins and cash flow. Astec Reports Fourth Quarter and Full Year 2025 Results

About Astec Industries

Astec Industries, Inc is a designer and manufacturer of specialized equipment for infrastructure-related markets. Headquartered in Chattanooga, Tennessee, the company develops, engineers and produces machinery for asphalt road-building, aggregate processing, concrete production, underground mining, landscaping and utility installation. Astec’s product portfolio includes asphalt plants, portable crushers, conveyors, screening plants, mixers, continuous miners and related support equipment.

Organized into multiple operating segments—Roadbuilding; Aggregate & Mining; Energy; and Pavement Preservation & Maintenance—Astec Industries serves contractors and municipalities that build and maintain transportation, energy and utility networks.