ATRO
Astronics Corporation

Astronics CorporationATRO

Industrials · Aerospace & Defense
54.71USD
+3.46%
Nov 08, 2026
ATRO overview ready
Supplier of certified aircraft cabin electrification 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.
Primary theme is improving
Commercial Aerospace is improving (+6.0pp vs SPY over 21 sessions; 11 of 17 members ahead of SPY).
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.
Unremarkable fundamentals
Primary risk
Exposure to commercial aerospace production cyclicality.
Market Nov 6Filing Jul 4Price action Nov 7Research Aug 14

Conviction Level

PriceAction3.4BusinessPerformance9.0BusinessQuality4.9Valuation4.1ThemeMomentum7.0Accelerating — Revenue growth has accelerated, rising from +12% to +27% year over year. Diluted EPS moved to $0.75 from $0.03; the prior-year base is too small for a meaningful percentage. — Accelerating describes growth momentum measured in recent filed quarters. It is not proof that the acceleration will continue.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
+6.0pp
Theme return
+1.0%
Beating SPY
11 of 17
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$1.8B
Avg Volume (60D)
576.3K
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
+3.4%
Distance from 200DMA
-17.3%
Next Earnings
2026-11-10
P/E
22.3x
EV / EBITDA
13.8x
EV / Sales
2.2x
Market metrics as of Nov 6, 2026
Financial results for the period ended Jul 4, 2026
Filed balance-sheet data as of Jul 4, 2026

Business Performance

Accelerating

Revenue growth has accelerated, rising from +12% to +27% year over year. Diluted EPS moved to $0.75 from $0.03; the prior-year base is too small for a meaningful percentage.

Latest reported: Q2 FY2026, ended Jul 4
Revenue growthAccelerating
+27%
$260M in Q2 FY2026 · YoY
YoY growth, last 4 quarters
  1. +3.8%
  2. +15%
  3. +12%
  4. +27%
Earnings growthGrowing
$0.75
Diluted EPS $0.75 vs $0.03 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginExpanding
15.6%
+13.3 pp YoY · gross margin 33.4% (+7.6 pp)
The share count is rising

Business Quality

4.9 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

All three valuation perspectives agree this company is fair.
Astronics Corporation has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.

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
Exposure to commercial aerospace production cyclicality.

Economic classification

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Business & Markets

Industrials · Aerospace & Defense
What they do

Astronics Corporation designs and manufactures aerospace and defense products, operating through its Aerospace and Test Systems segments to supply aircraft manufacturers and defense customers globally.

How it earns

Primarily transactional revenue from product sales and engineering/certification services to aerospace OEMs and defense clients.

Products & services
Aircraft electrical power generation and distribution systems
Cabin and exterior lighting systems
Passenger-service and seat-motion products
In-seat power and inflight entertainment/connectivity hardware
Aircraft structures and avionics products
Systems certification and engineering services
Defense-oriented test systems
Customers & end markets
Commercial aircraft manufacturers (OEMs)
Airlines undergoing cabin upgrades
Defense contractors and military organizations
Market position

Niche aerospace component and systems supplier with certified products and engineering capabilities.

Demand drivers
High cyclicality

Dependent on commercial aircraft production rates and airline retrofit spending, which fluctuate with economic cycles.