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

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

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 Price Performance

ASTE traded up $0.32 during midday trading on Wednesday, reaching $58.82. 230,594 shares of the company’s stock were exchanged, compared to its average volume of 185,474. The business’s 50-day moving average price is $50.38 and its 200 day moving average price is $47.53. The stock has a market capitalization of $1.35 billion, a PE ratio of 28.16, a P/E/G ratio of 2.51 and a beta of 1.45. Astec Industries has a 1-year low of $29.65 and a 1-year high of $64.35. 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 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 9th will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, March 9th. Astec Industries’s payout ratio is 25.00%.

More Astec Industries News

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

• Positive Sentiment: Strong results and outlook — Q4 record net sales of $400.6M, adjusted EPS of $1.06 (beat consensus), adjusted EBITDA and full‑year adjusted EBITDA up materially, backlog +22.5% to $514.1M, and management guided 2026 adjusted EBITDA to $170–$190M, supporting growth expectations. Astec Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Shareholder return — Board declared a quarterly dividend of $0.13 per share (record March 9, pay March 31), a modest yield that supports income-oriented holders. Astec Announces Quarterly Dividend
• Neutral Sentiment: Conference call/webcast — Management hosted an investor call to discuss results; slides and replay are available for direction and color on guidance, M&A and segment trends. Webcast/Conference Call
• Neutral Sentiment: Trading interruption — ASTE experienced a temporary LULD pause at market open (09:30 AM); this was a technical regulatory pause rather than a company-specific SEC action. (No external link available)
• Negative Sentiment: GAAP and balance-sheet headwinds — While adjusted metrics were strong, GAAP Q4 diluted EPS and GAAP net income were down year‑over‑year, income from operations fell ~34%, and the company used large cash for acquisitions (≈$248.7M) while long‑term debt rose materially to ~$319.6M — factors that raise leverage and near‑term cash/working-capital scrutiny. Astec Reports Fourth Quarter and Full Year 2025 Results

Hedge Funds Weigh In On Astec Industries

Institutional investors and hedge funds have recently modified their holdings of the company. Invesco Ltd. lifted its stake in shares of Astec Industries by 14.9% in the 4th quarter. Invesco Ltd. now owns 586,160 shares of the industrial products company’s stock valued at $25,392,000 after purchasing an additional 75,989 shares in the last quarter. Summit Global Investments raised its holdings in Astec Industries by 12.7% in the fourth quarter. Summit Global Investments now owns 21,006 shares of the industrial products company’s stock valued at $910,000 after buying an additional 2,371 shares during the period. XTX Topco Ltd grew its stake in Astec Industries by 45.9% during the fourth quarter. XTX Topco Ltd now owns 7,302 shares of the industrial products company’s stock worth $316,000 after buying an additional 2,297 shares during the period. VARCOV Co. acquired a new stake in shares of Astec Industries in the fourth quarter worth $351,000. Finally, Tudor Investment Corp ET AL raised its stake in shares of Astec Industries by 65.7% in the 4th quarter. Tudor Investment Corp ET AL now owns 93,923 shares of the industrial products company’s stock valued at $4,069,000 after acquiring an additional 37,246 shares during the period. Hedge funds and other institutional investors own 93.16% of the company’s stock.

Wall Street Analyst Weigh In

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

Astec Industries Company Profile

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.