Astec Historical Income Statement

ASTE Stock  USD 42.05  0.32  0.77%   
Historical analysis of Astec Industries income statement accounts such as Interest Expense of 9.3 M, Selling General Administrative of 250.3 M or Total Revenue of 684.3 M can show how well Astec Industries performed in making a profits. Evaluating Astec Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Astec Industries's future profits or losses.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Astec Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Astec Industries is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astec Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.

About Astec Income Statement Analysis

Astec Industries Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Astec Industries shareholders. The income statement also shows Astec investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Astec Industries Income Statement Chart

Astec Industries Income Statement is one of the three primary financial statements used for reporting Astec's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Astec Industries revenue and expense. Astec Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Astec Industries' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 347.3 M, whereas Total Revenue is forecasted to decline to about 684.3 M.

Total Revenue

Total revenue comprises all receipts Astec Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Astec Industries minus its cost of goods sold. It is profit before Astec Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Astec Industries. It is also known as Astec Industries overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Astec Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Astec Industries current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astec Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.At present, Astec Industries' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 347.3 M, whereas Total Revenue is forecasted to decline to about 684.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense1.1M2.5M8.9M9.3M
Depreciation And Amortization28.2M27.9M25.6M15.3M

Astec Industries income statement Correlations

-0.090.470.580.640.510.610.570.780.490.40.610.320.680.390.490.15-0.080.51-0.020.120.19-0.220.04-0.03-0.16
-0.090.520.00.560.00.010.310.09-0.040.59-0.04-0.34-0.04-0.06-0.15-0.74-0.48-0.14-0.39-0.93-0.110.27-0.970.45-0.44
0.470.520.70.860.71-0.050.150.160.690.98-0.09-0.31-0.04-0.190.67-0.44-0.67-0.3-0.51-0.5-0.48-0.31-0.520.64-0.75
0.580.00.70.640.990.090.030.230.990.710.06-0.140.070.030.92-0.19-0.22-0.22-0.210.12-0.25-0.2-0.020.07-0.37
0.640.560.860.640.580.430.590.570.560.880.4-0.050.410.310.53-0.44-0.320.15-0.34-0.560.01-0.08-0.580.37-0.38
0.510.00.710.990.58-0.03-0.080.111.00.71-0.06-0.21-0.05-0.080.93-0.2-0.28-0.34-0.230.12-0.35-0.23-0.010.12-0.42
0.610.01-0.050.090.43-0.030.920.94-0.03-0.030.990.490.970.93-0.070.070.540.90.18-0.030.850.23-0.08-0.40.54
0.570.310.150.030.59-0.080.920.94-0.10.170.90.360.90.79-0.14-0.060.250.830.02-0.350.690.21-0.38-0.130.27
0.780.090.160.230.570.110.940.940.090.150.920.430.940.770.050.080.260.840.06-0.070.660.13-0.17-0.250.25
0.49-0.040.690.990.561.0-0.03-0.10.090.69-0.05-0.19-0.05-0.060.94-0.19-0.24-0.34-0.20.14-0.33-0.230.030.09-0.39
0.40.590.980.710.880.71-0.030.170.150.69-0.07-0.37-0.05-0.130.67-0.53-0.6-0.32-0.49-0.57-0.42-0.21-0.590.6-0.68
0.61-0.04-0.090.060.4-0.060.990.90.92-0.05-0.070.610.980.92-0.090.120.560.930.250.00.850.25-0.02-0.450.55
0.32-0.34-0.31-0.14-0.05-0.210.490.360.43-0.19-0.370.610.630.5-0.190.350.460.680.510.260.520.280.37-0.610.44
0.68-0.04-0.040.070.41-0.050.970.90.94-0.05-0.050.980.630.85-0.10.20.460.940.26-0.010.770.21-0.02-0.410.46
0.39-0.06-0.190.030.31-0.080.930.790.77-0.06-0.130.920.50.85-0.08-0.030.720.80.240.010.930.35-0.01-0.50.72
0.49-0.150.670.920.530.93-0.07-0.140.050.940.67-0.09-0.19-0.1-0.08-0.17-0.22-0.34-0.290.2-0.35-0.410.150.2-0.39
0.15-0.74-0.44-0.19-0.44-0.20.07-0.060.08-0.19-0.530.120.350.2-0.03-0.170.20.320.510.610.05-0.280.69-0.30.23
-0.08-0.48-0.67-0.22-0.32-0.280.540.250.26-0.24-0.60.560.460.460.72-0.220.20.530.460.410.790.370.47-0.730.97
0.51-0.14-0.3-0.220.15-0.340.90.830.84-0.34-0.320.930.680.940.8-0.340.320.530.30.080.830.180.1-0.450.56
-0.02-0.39-0.51-0.21-0.34-0.230.180.020.06-0.2-0.490.250.510.260.24-0.290.510.460.30.290.290.430.42-0.750.49
0.12-0.93-0.50.12-0.560.12-0.03-0.35-0.070.14-0.570.00.26-0.010.010.20.610.410.080.290.11-0.20.9-0.520.36
0.19-0.11-0.48-0.250.01-0.350.850.690.66-0.33-0.420.850.520.770.93-0.350.050.790.830.290.110.440.06-0.620.82
-0.220.27-0.31-0.2-0.08-0.230.230.210.13-0.23-0.210.250.280.210.35-0.41-0.280.370.180.43-0.20.44-0.3-0.570.45
0.04-0.97-0.52-0.02-0.58-0.01-0.08-0.38-0.170.03-0.59-0.020.37-0.02-0.010.150.690.470.10.420.90.06-0.3-0.460.39
-0.030.450.640.070.370.12-0.4-0.13-0.250.090.6-0.45-0.61-0.41-0.50.2-0.3-0.73-0.45-0.75-0.52-0.62-0.57-0.46-0.72
-0.16-0.44-0.75-0.37-0.38-0.420.540.270.25-0.39-0.680.550.440.460.72-0.390.230.970.560.490.360.820.450.39-0.72
Click cells to compare fundamentals

Astec Industries Account Relationship Matchups

Astec Industries income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization26.2M38.4M28.2M27.9M25.6M15.3M
Interest Expense1.4M700K1.1M2.5M8.9M9.3M
Selling General Administrative207.4M186.4M225.6M214M238.4M250.3M
Total Revenue1.2B1.0B1.1B1.3B1.3B684.3M
Gross Profit246.5M240.1M251.7M264.1M330.8M347.3M
Other Operating Expenses1.1B973.3M1.1B1.3B1.3B652.8M
Operating Income10.7M43M22.1M15.9M48.6M31.7M
Ebit10.7M43M22.1M15.9M56.6M59.4M
Ebitda36.9M81.4M50.3M43.8M82.2M41.3M
Cost Of Revenue923.2M784.3M845.5M1.0B1.0B533.1M
Total Operating Expenses211.1M189M227.1M247.6M276.4M290.2M
Income Before Tax24.2M45.7M16.5M4.4M42.8M28.5M
Total Other Income Expense Net13.5M2.7M(5.6M)(11.5M)(4.8M)(4.6M)
Net Income21.5M46M15.8M(600K)33.5M19.3M
Income Tax Expense2.7M(1.2M)(1.4M)5M9.1M9.5M
Research Development27.2M22.1M26.5M31.5M22M17.5M
Net Income Applicable To Common Shares22.3M46.9M17.8M(100K)(90K)(85.5K)
Minority Interest(132K)500K(100K)(500K)(900K)(855K)
Net Income From Continuing Ops22.2M46.9M17.9M(600K)17.5M19.8M
Non Operating Income Net Other1.5M3.4M(4.5M)(600K)(540K)(513K)
Tax Provision3.0M(1.2M)(1.4M)5M10.7M5.6M
Interest Income1.2M800K500K1M1.8M1.2M
Net Interest Income(175K)100K(1.1M)(1.5M)(5.5M)(5.2M)
Reconciled Depreciation26.2M26.9M30.2M27.9M26.6M30.1M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Astec Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Astec Industries' short interest history, or implied volatility extrapolated from Astec Industries options trading.

Pair Trading with Astec Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Astec Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Astec Industries will appreciate offsetting losses from the drop in the long position's value.

Moving against Astec Stock

  0.88LEV Lion Electric Corp Financial Report 14th of May 2024 PairCorr
  0.87TWI Titan International Financial Report 1st of May 2024 PairCorr
  0.84GP GreenPower Motor Financial Report 12th of July 2024 PairCorr
  0.8LNN Lindsay Financial Report 4th of July 2024 PairCorr
  0.68ZEVYW Lightning eMotorsPairCorr
The ability to find closely correlated positions to Astec Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astec Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Astec Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Astec Industries to buy it.
The correlation of Astec Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Astec Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astec Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Astec Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Astec Industries is a strong investment it is important to analyze Astec Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Astec Industries' future performance. For an informed investment choice regarding Astec Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astec Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Astec Stock refer to our How to Trade Astec Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Astec Stock analysis

When running Astec Industries' price analysis, check to measure Astec Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Astec Industries is operating at the current time. Most of Astec Industries' value examination focuses on studying past and present price action to predict the probability of Astec Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astec Industries' price. Additionally, you may evaluate how the addition of Astec Industries to your portfolios can decrease your overall portfolio volatility.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Is Astec Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astec Industries. If investors know Astec will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astec Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.945
Dividend Share
0.52
Earnings Share
1.47
Revenue Per Share
58.9
Quarterly Revenue Growth
(0.04)
The market value of Astec Industries is measured differently than its book value, which is the value of Astec that is recorded on the company's balance sheet. Investors also form their own opinion of Astec Industries' value that differs from its market value or its book value, called intrinsic value, which is Astec Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astec Industries' market value can be influenced by many factors that don't directly affect Astec Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astec Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Astec Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astec Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.