ATRO
Astronics Corporation

Astronics CorporationATRO

Industrials · Aerospace & Defense
69.70USD
+1.57%
Sep 23, 2026
ATRO overview ready
Certified supplier of aircraft electrical power, lighting, and connectivity systems
Astronics is a certified aerospace component and systems supplier whose Aerospace business provides aircraft electrical-power distribution and generation, cabin and exterior lighting, passenger-service and seat-motion products, in-seat power, inflight entertainment/connectivity hardware, data systems, structures, and engineering/certification services.
Narrative not measured
Commercial Aerospace Production and Fleet ModernizationAircraft Cabin Electrification, Connectivity and Interior RetrofitsComponent supplier
No clear price read
Longer-term context reads extended trend, with a near-term setup of constructive pullback.
Demanding valuation
Astronics Corporation carries a Expensive valuation stance that the scored components do not clearly support.
Unremarkable fundamentals
Primary risk
Cyclicality of aerospace and defense spending.
Market Sep 22Filing Jul 4Price action Sep 22Research Aug 14

Conviction Level

NarrativeHeatThemeHeat6.3PriceAction1.4Valuation3.3CompanyPosition7.3
Price
Loading price history…

Price Action

No clear price read
Longer-term context reads extended trend, with a near-term setup of constructive pullback.
EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap
$2.3B
Avg Volume (60D)
667.0K
60 sessions
Revenue Growth YoY
+8.4%
FY2025 vs FY2024
Gross Margin
+32.5%
Trailing twelve months
Operating Margin
+13.4%
Trailing twelve months
Free Cash Flow Yield
+2.7%
Distance from 200DMA
+9.7%
Next Earnings
2026-11-05
P/E
28.4x
EV / EBITDA
17.1x
EV / Sales
2.7x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jul 4, 2026
Filed balance-sheet data as of Jul 4, 2026

Fundamentals & Valuation

One of the two valuation perspectives says expensive; peers is the dissenting view.
Astronics Corporation carries a Expensive valuation stance that the scored components do not clearly support. Treat it as unresolved.

Company Research

Thesis
Astronics is a certified aerospace component and systems supplier whose Aerospace business provides aircraft electrical-power distribution and generation, cabin and exterior lighting, passenger-service and seat-motion products, in-seat power, inflight entertainment/connectivity hardware, data systems, structures, and engineering/certification services.
Opportunity
Moderate opportunity
Airframe production ramps and airline cabin-upgrade cycles driving certified in-seat power, connectivity hardware, passenger-service systems, lighting, seating and related engineering/certification demand.
Key risk
Cyclicality of aerospace and defense spending.

Narrative & Theme

Commercial Aerospace Production and Fleet Modernization
Part of Aircraft Cabin Electrification, Connectivity and Interior Retrofits, with strong fit.
ATRO has direct revenue exposure to a real commercial-aerospace demand system rather than generic industrial adjacency: new aircraft production raises line-fit content demand, while airline cabin refreshes and fleet utilization support retrofit, certification, connectivity and passenger-power spending.
Narrative HeatNeutral6.3 / 10
This reading is no longer current (last measured 2026-09-04). It is kept until the next scheduled measurement replaces it.
Theme HeatNeutral6.3 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Industrials · Aerospace & Defense
What they do

Astronics Corporation designs and manufactures aerospace, defense, and electronics products through its subsidiaries, operating primarily in Aerospace and Test Systems segments across multiple global regions.

How it earns

The company generates revenue primarily through transactional sales of aerospace and defense components and systems to OEMs and other customers.

Products & services
Lighting and safety systems
Electrical power generation and distribution systems
Seat motion systems
Aircraft structures
Avionics products
Systems certification
Customers & end markets
Airframe manufacturers (OEMs)
Commercial aerospace industry
Defense sector
Market position

Niche supplier specializing in aerospace and defense systems components and certification services.

Demand drivers
High cyclicality

The company’s end markets in aerospace and defense are sensitive to economic cycles and capital spending trends.