ASTE · Astec Industries Inc
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Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q3 FY26 earnings call · Nov 5, 2026TL;DR. Astec delivered 49.2% backlog growth, stronger infrastructure order intake, record parts and service bookings, positive cash generation, and $267.2 million of liquidity. Offsetting these positives, adjusted EBITDA guidance was lowered, third-quarter and segment profitability weakened, Materials Solutions orders declined, price-cost pressure persisted, and private and residential markets remained suppressed.
- + Backlog increased 49.2% to $670.5 million, reflecting stronger underlying demand. new
- + Infrastructure Solutions implied orders increased 43.4% year over year and 38% sequentially, driving a 149% book-to-bill ratio. new
- + Astec generated $70.2 million of operating cash flow and $48.0 million of free cash flow year to date.
- + Management reported record parts and service bookings during the first month of Q4. new
- + Total liquidity was $267.2 million, and net leverage remained within the company's target range. new
- + Materials Solutions third-quarter net sales increased 4.1% to $163.4 million. new
- − Full-year 2026 adjusted EBITDA guidance was lowered to $140 million-$150 million from $160 million-$175 million.
- − Materials Solutions implied orders fell 37% year over year and 45.3% sequentially, resulting in an 86% book-to-bill ratio. new
- − Pricing lagged inflation by about two percentage points, creating an estimated impact of about $7 million in Q3. new
- − Private and residential markets remained suppressed by interest-rate sensitivity. new
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Still-open targets the latest release did not restate under the same label.
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $72.9M | Six Months Ended June 30 | — |
| Adjusted EBITDA margin non-GAAP | 9.1% | Six Months Ended June 30 | — |
| Adjusted EPS non-GAAP | $1.47 | Six Months Ended June 30 | — |
| Adjusted income from operations non-GAAP | $58.8M | Six Months Ended June 30 | — |
| Adjusted net income attributable to controlling interest non-GAAP | $34.3M | Six Months Ended June 30 | — |
| Adjusted operating margin non-GAAP | 7.3% | Six Months Ended June 30 | — |
| Backlog | $601.1M | 2Q 2026 | — |
| Backlog - Infrastructure Solutions | $288.6M | 2Q 2026 | — |
| Book-to-bill ratio - Infrastructure Solutions | 89.5% | 2Q 2026 | — |
| Book-to-bill ratio - Materials Solutions | 142.2% | 2Q 2026 | — |
| Capital expenditures | $7.4M | 2Q 2026 | — |
| EBITDA | $59.2M | Six Months Ended June 30 | — |
| EBITDA margin | 7.4% | Six Months Ended June 30 | — |
| Free cash flow non-GAAP | $37.3M | Six months ended June 30, 2026 | — |
| Implied orders - Infrastructure Solutions | $204.3M | 2Q 2026 | — |
| Implied orders - Materials Solutions | $255.7M | 2Q 2026 | — |
| Segment Operating Adjusted EBITDA - Infrastructure Solutions non-GAAP | $32.9M | 2Q 2026 | — |
| Segment Operating Adjusted EBITDA - Materials Solutions non-GAAP | $22.1M | 2Q 2026 | — |
| Segment Operating Adjusted EBITDA margin - Infrastructure Solutions non-GAAP | 14.4% | 2Q 2026 | — |
| Segment Operating Adjusted EBITDA margin - Materials Solutions non-GAAP | 12.3% | 2Q 2026 | — |
| Total liquidity | $265.8M | 2Q 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Farm & Heavy Construction Machinery — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
ASTE
this stock
Astec Industries Inc
|
$814.18M | -18.4% | +8.1% | 70.7 | 2.7% |
|
CAT
Caterpillar Inc
|
$253.34B | -3.4% | +4.3% | 21.7 | 1.7% |
|
DE
Deere & Co
|
$178.85B | +42.5% | -11.7% | 36.9 | 1.9% |
|
SNHIY
Sany Heavy Industries Co., Ltd.
|
$86.82B | — | — | — | 0.0% |
|
PCAR
Paccar Inc
|
$56.34B | -4.6% | -15.5% | 20.4 | 2.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| ASTE | -11.4% | -8.8% | -24.8% | -10.0% | -18.4% |
| SPY | -4.7% | -5.3% | -0.8% | -3.0% | +7.5% |
| vs SPY | -6.7% | -3.5% | -24.0% | -7.0% | -25.9% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.