Earnings summaries and quarterly performance for ASTEC INDUSTRIES.
Executive leadership at ASTEC INDUSTRIES.
Jaco van der Merwe
Detailed
Chief Executive Officer
CEO
BS
Barend Snyman
Detailed
Group President — Infrastructure Solutions
BH
Brian Harris
Detailed
Chief Financial Officer
MN
Michael Norris
Detailed
Group President — Materials Solutions
TG
Terrell Gilbert
Detailed
General Counsel, Chief Compliance Officer and Corporate Secretary
Board of directors at ASTEC INDUSTRIES.
Research analysts who have asked questions during ASTEC INDUSTRIES earnings calls.
SF
Steve Ferazani
Sidoti & Company
5 questions for ASTE
Also covers: AROC, BRC, CMCO +16 more
David Macgregor
Longbow Research
2 questions for ASTE
Also covers: AOS, BECN, CRH +16 more
Steven Ramsey
Thompson Research Group
2 questions for ASTE
Also covers: ALTG, AMWD, BLDR +15 more
Alex Hantman
Sidoti & Company
1 question for ASTE
Also covers: AAON, ACA, BODI +8 more
Brian Sponheimer
Gabelli Funds
1 question for ASTE
Also covers: GTX, HRI, HY +3 more
Joseph Grabowski
Robert W. Baird & Co.
1 question for ASTE
Also covers: BRC, LECO, MIDD +1 more
MD
Mircea Dobre
Robert W. Baird & Co.
1 question for ASTE
Also covers: AGCO, ALG, CAT +15 more
Recent press releases and 8-K filings for ASTE.
Astec Industries Reports Strong Q4 and Full-Year 2025 Results, Issues 2026 Guidance
ASTE
Earnings
Guidance Update
M&A
- Astec Industries reported record fourth-quarter net sales of $400.6 million and full-year 2025 net sales growth of 8.1%, with Adjusted EBITDA reaching $140.7 million for the year, representing a 140 basis point increase in margin to 10%.
- The company provided full-year 2026 Adjusted EBITDA guidance in the range of $170 million to $190 million, based on expected organic and inorganic contributions.
- Backlog increased to $514 million, showing sequential year-over-year growth of 14.4% and 22.5% respectively, driven by organic and inorganic activity.
- Strategic acquisitions of TerraSource and CWMF are contributing to growth, with CWMF expected to be accretive from day one.
- Optimism for 2026 is fueled by positive customer sentiment, stability from federal infrastructure funding, healthy state and local budgets, and multiyear demand from data center construction.
6 days ago
Astec Industries Reports Q4 and Full Year 2025 Results
ASTE
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Astec Industries reported record Q4 net sales of $400.6 million and full year net sales of $1,410.4 million, representing an 8.1% increase for the full year 2025.
- Full year adjusted EBITDA increased by 25.8% to $140.7 million, achieving a 10.0% adjusted EBITDA margin, and adjusted EPS grew by 28.6% to $3.33.
- The company provided 2026 Adjusted EBITDA guidance in the range of $170 million to $190 million.
- Backlog increased by 22.5% to $514.1 million, with a consolidated book-to-bill ratio of 140% for Q4 2025.
6 days ago
Astec Industries Reports Strong Q4 and Full Year 2025 Results, Provides 2026 Guidance
ASTE
Earnings
Guidance Update
M&A
- Astec Industries reported record fourth quarter net sales of $400.6 million and an 8.1% increase in full year net sales for 2025. Full year Adjusted EBITDA reached $140.7 million, at the high end of guidance, with a 10% margin, a 140 basis point increase over the prior year.
- The company issued a full year 2026 Adjusted EBITDA guidance range of $170 million-$190 million, driven by internal initiatives, positive customer sentiment, and federal infrastructure funding.
- Backlog grew to $514 million, representing sequential and year-over-year increases of 14.4% and 22.5% respectively, with a consolidated book-to-bill ratio of 116%.
- Recent acquisitions, including CWMF, are expected to contribute to growth and be accretive from day one, while strong demand from data center construction and a focus on the parts business are also noted as growth opportunities.
6 days ago
Astec Industries Reports Strong Q4 and Full Year 2025 Results, Issues Positive 2026 Guidance
ASTE
Earnings
Guidance Update
M&A
- Astec Industries reported record fourth quarter net sales of $400.6 million and a full year 2025 net sales increase of 8.1%.
- Full year 2025 Adjusted EBITDA reached $140.7 million, with an Adjusted EBITDA margin of 10%, a 140 basis point increase over the prior year. Adjusted earnings per share for the full year were $3.33, up 28.6%.
- The company provided a full year 2026 Adjusted EBITDA guidance range of $170 million-$190 million.
- Backlog grew to $514 million, an increase of 14.4% sequentially and 22.5% year-over-year, with a consolidated book-to-bill ratio of 116% in Q4 2025.
- Recent acquisitions, including TerraSource and CWMF, are expected to contribute to growth, with CWMF being accretive from day one as of January 1, 2026.
6 days ago
Astec Industries Reports Strong Fourth Quarter and Full Year 2025 Results
ASTE
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Astec Industries reported record net sales of $400.6 million for Q4 2025 and $1,410.4 million for the full year 2025.
- For Q4 2025, adjusted EPS was $1.06 and adjusted EBITDA was $44.7 million. Full year 2025 adjusted EBITDA increased 25.8% to $140.7 million.
- The company's backlog grew 22.5% to $514.1 million at the end of Q4 2025.
- Astec expects full year 2026 adjusted EBITDA to be in the $170 million to $190 million range.
- Full year 2025 operating cash flow was $61.4 million and free cash flow was $20.7 million.
6 days ago
Astec Industries Reports Fourth Quarter and Full Year 2025 Results
ASTE
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Astec Industries reported record net sales of $400.6 million for the fourth quarter of 2025 and $1,410.4 million for the full year 2025.
- The company's Adjusted EPS reached $1.06 in Q4 2025 and $3.33 for the full year 2025.
- Adjusted EBITDA was $44.7 million for Q4 2025 and $140.7 million for the full year 2025, an increase of 25.8% compared to the prior year.
- Astec anticipates full year 2026 adjusted EBITDA to be in the $170 million to $190 million range.
- For the full year 2025, operating cash flow was $61.4 million and free cash flow was $20.7 million.
6 days ago
Astec Completes Acquisition of CWMF, LLC
ASTE
M&A
New Projects/Investments
- Astec Industries (ASTE) completed its acquisition of CWMF, LLC on January 2, 2026, for a purchase price of $67.5 million in cash.
- CWMF, a manufacturer of portable and stationary asphalt plant equipment, has annual revenue of approximately $50 million.
- Astec anticipates the acquisition will lead to revenue growth potential, margin expansion, and be EPS accretive, with synergies expected by the end of year one.
- The expected proforma net leverage ratio for Astec is 1.5 - 2.5x net debt/adjusted EBITDA.
Jan 2, 2026, 1:45 PM
ASTE Reports Strong Q3 2025 Results and Raises FY 2025 Adjusted EBITDA Outlook
ASTE
Earnings
Guidance Update
M&A
- ASTE reported net sales of $350.1 million, adjusted EBITDA of $27.1 million, and adjusted EPS of $0.47 for the third quarter of 2025.
- The company's consolidated backlog reached $450 million in Q3 2025, with a book-to-bill ratio of 102%.
- ASTE raised its 2025 fiscal year Adjusted EBITDA outlook to a range of $132 million to $142 million, an increase from the previous $123 million.
- The adjusted EBITDA margin increased by 170 basis points to 7.7%, marking the best Q3 adjusted EBITDA margin since 2017, partly due to the successful integration of TerraSource.
Nov 5, 2025, 1:30 PM
Astec Industries Reports Strong Q3 2025 Results and Raises Full-Year Guidance
ASTE
Earnings
Guidance Update
M&A
- Astec Industries posted a solid third quarter 2025, with adjusted EBITDA increasing 55.7% to $27.1 million and adjusted earnings per share rising 30.6% to $0.47 compared to Q3 2024. Net sales also increased by 20.1%.
- The company's backlog at quarter end reached $449.5 million, a sequential increase of $68.7 million, with $64.1 million attributed to the PeraSource acquisition completed on July 1.
- Astec raised the lower end of its full-year adjusted EBITDA guidance from $123 million to $132 million, while maintaining the upper range at $142 million.
- PeraSource's integration is progressing well, with its margins being accretive in Q3 2025, and most synergies are expected to materialize in 2026.
- The company notes improved customer sentiment due to recent interest rate movements and ongoing federal highway bill funding, though demand for forestry and mobile paving equipment remains soft.
Nov 5, 2025, 1:30 PM
Astec Industries Reports Q3 2025 Results, TerraSource Acquisition Impact, and Updated Guidance
ASTE
Earnings
Guidance Update
M&A
- Astec Industries, Inc. reported net sales of $350.1 million for the third quarter ended September 30, 2025, representing a 20.1% increase compared to the prior year.
- The company's adjusted EBITDA grew 55.7% to $27.1 million, and adjusted EPS was $0.47 for Q3 2025.
- A net loss of $4.2 million was recorded, primarily influenced by $8.3 million in acquisition transaction costs and $6.2 million in amortization of acquired intangible assets following the acquisition of TerraSource Holdings, LLC on July 1, 2025.
- Astec updated its full-year adjusted EBITDA guidance, increasing the lower end of the range from $123 million to $132 million.
Nov 5, 2025, 12:02 PM
Quarterly earnings call transcripts for ASTEC INDUSTRIES.
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