Astronics Historical Income Statement

ATRO Stock

USD 16.04 0.38 2.43%

Historical analysis of Astronics income statement accounts such as Interest Expense of 24.5 M, Selling General Administrative of 126 M or Total Revenue of 723.7 M can show how well Astronics performed in making a profits. Evaluating Astronics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Astronics's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Astronics 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 Astronics is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Astronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.

About Astronics Income Statement Analysis

Astronics 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 Astronics shareholders. The income statement also shows Astronics 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).

Astronics Income Statement Chart

At this time, Astronics' EBITDA is very stable compared to the past year. As of the 28th of November 2024, Cost Of Revenue is likely to grow to about 596.8 M, though Operating Income is likely to grow to (6.3 M).

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Non Operating Income Net Other

Total Revenue

Total revenue comprises all receipts Astronics 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 Astronics minus its cost of goods sold. It is profit before Astronics 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 Astronics. It is also known as Astronics 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 Astronics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Astronics 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 Astronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.At this time, Astronics' EBITDA is very stable compared to the past year. As of the 28th of November 2024, Cost Of Revenue is likely to grow to about 596.8 M, though Operating Income is likely to grow to (6.3 M).

	2021	2022	2023	2024 (projected)
Interest Expense	6.8M	9.4M	23.3M	24.5M
Depreciation And Amortization	34.2M	27.8M	26.1M	27.4M

Interest Expense Depreciation And Amortization

Astronics income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Research Development	Net Income From Continuing Ops	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items	Non Operating Income Net Other
Depreciation And Amortization		0.46	0.51	0.46	0.33	0.5	-0.06	-0.06	0.24	0.49	0.51	-0.33	-0.4	-0.36	-0.05	0.36	-0.41	0.2	-0.51	0.47	-0.37	0.18	0.53	-0.6
Interest Expense	0.46		0.64	0.57	0.28	0.65	-0.3	-0.3	-0.14	0.63	0.68	-0.34	-0.34	-0.32	-0.35	0.09	-0.42	-0.27	-0.54	0.54	-0.97	-0.2	0.59	-0.66
Selling General Administrative	0.51	0.64		0.9	0.64	0.96	-0.17	-0.24	-0.08	0.94	1.0	-0.15	0.18	-0.17	0.0	0.74	-0.26	0.08	-0.7	0.62	-0.55	0.39	0.76	-0.48
Total Revenue	0.46	0.57	0.9		0.89	0.98	0.25	0.19	0.33	0.99	0.89	0.21	0.05	0.19	0.3	0.81	0.08	0.01	-0.44	0.52	-0.43	0.3	0.46	-0.16
Gross Profit	0.33	0.28	0.64	0.89		0.8	0.64	0.58	0.66	0.83	0.63	0.53	0.03	0.49	0.62	0.81	0.4	0.11	-0.07	0.28	-0.11	0.26	0.07	0.23
Other Operating Expenses	0.5	0.65	0.96	0.98	0.8		0.07	0.01	0.16	1.0	0.96	0.06	0.07	0.04	0.16	0.77	-0.06	-0.01	-0.57	0.59	-0.52	0.31	0.6	-0.32
Operating Income	-0.06	-0.3	-0.17	0.25	0.64	0.07		0.96	0.92	0.12	-0.19	0.85	-0.09	0.81	0.82	0.31	0.8	0.06	0.62	-0.24	0.42	-0.01	-0.64	0.77
Ebit	-0.06	-0.3	-0.24	0.19	0.58	0.01	0.96		0.95	0.07	-0.26	0.75	-0.29	0.72	0.71	0.26	0.7	0.09	0.54	-0.26	0.41	-0.12	-0.71	0.73
Ebitda	0.24	-0.14	-0.08	0.33	0.66	0.16	0.92	0.95		0.22	-0.09	0.63	-0.41	0.59	0.67	0.35	0.56	0.14	0.37	-0.11	0.27	-0.07	-0.53	0.52
Cost Of Revenue	0.49	0.63	0.94	0.99	0.83	1.0	0.12	0.07	0.22		0.94	0.11	0.06	0.09	0.2	0.78	-0.01	-0.02	-0.53	0.57	-0.5	0.29	0.55	-0.27
Total Operating Expenses	0.51	0.68	1.0	0.89	0.63	0.96	-0.19	-0.26	-0.09	0.94		-0.17	0.15	-0.19	-0.03	0.71	-0.28	0.05	-0.7	0.62	-0.59	0.35	0.77	-0.51
Income Before Tax	-0.33	-0.34	-0.15	0.21	0.53	0.06	0.85	0.75	0.63	0.11	-0.17		0.29	0.99	0.78	0.26	0.98	-0.33	0.63	-0.25	0.42	-0.01	-0.56	0.83
Total Other Income Expense Net	-0.4	-0.34	0.18	0.05	0.03	0.07	-0.09	-0.29	-0.41	0.06	0.15	0.29		0.29	0.22	0.25	0.32	-0.08	0.12	0.03	0.31	0.54	0.22	0.28
Net Income	-0.36	-0.32	-0.17	0.19	0.49	0.04	0.81	0.72	0.59	0.09	-0.19	0.99	0.29		0.7	0.23	0.99	-0.4	0.6	-0.2	0.39	-0.01	-0.55	0.83
Income Tax Expense	-0.05	-0.35	0.0	0.3	0.62	0.16	0.82	0.71	0.67	0.2	-0.03	0.78	0.22	0.7		0.35	0.68	0.14	0.61	-0.45	0.51	-0.01	-0.5	0.6
Research Development	0.36	0.09	0.74	0.81	0.81	0.77	0.31	0.26	0.35	0.78	0.71	0.26	0.25	0.23	0.35		0.17	0.29	-0.41	0.42	0.04	0.6	0.33	0.07
Net Income From Continuing Ops	-0.41	-0.42	-0.26	0.08	0.4	-0.06	0.8	0.7	0.56	-0.01	-0.28	0.98	0.32	0.99	0.68	0.17		-0.37	0.65	-0.25	0.48	0.02	-0.59	0.87
Non Recurring	0.2	-0.27	0.08	0.01	0.11	-0.01	0.06	0.09	0.14	-0.02	0.05	-0.33	-0.08	-0.4	0.14	0.29	-0.37		-0.05	-0.08	0.32	0.39	0.01	-0.01
Tax Provision	-0.51	-0.54	-0.7	-0.44	-0.07	-0.57	0.62	0.54	0.37	-0.53	-0.7	0.63	0.12	0.6	0.61	-0.41	0.65	-0.05		-0.68	0.55	-0.32	-0.81	0.74
Interest Income	0.47	0.54	0.62	0.52	0.28	0.59	-0.24	-0.26	-0.11	0.57	0.62	-0.25	0.03	-0.2	-0.45	0.42	-0.25	-0.08	-0.68		-0.58	0.6	0.77	-0.36
Net Interest Income	-0.37	-0.97	-0.55	-0.43	-0.11	-0.52	0.42	0.41	0.27	-0.5	-0.59	0.42	0.31	0.39	0.51	0.04	0.48	0.32	0.55	-0.58		0.19	-0.62	0.68
Reconciled Depreciation	0.18	-0.2	0.39	0.3	0.26	0.31	-0.01	-0.12	-0.07	0.29	0.35	-0.01	0.54	-0.01	-0.01	0.6	0.02	0.39	-0.32	0.6	0.19		0.49	0.11
Extraordinary Items	0.53	0.59	0.76	0.46	0.07	0.6	-0.64	-0.71	-0.53	0.55	0.77	-0.56	0.22	-0.55	-0.5	0.33	-0.59	0.01	-0.81	0.77	-0.62	0.49		-0.74
Non Operating Income Net Other	-0.6	-0.66	-0.48	-0.16	0.23	-0.32	0.77	0.73	0.52	-0.27	-0.51	0.83	0.28	0.83	0.6	0.07	0.87	-0.01	0.74	-0.36	0.68	0.11	-0.74

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Astronics Account Relationship Matchups

Astronics income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	171.9K	36.4M	34.2M	27.8M	26.1M	27.4M
Interest Expense	6.1M	6.7M	6.8M	9.4M	23.3M	24.5M
Selling General Administrative	143.4M	110.5M	99.1M	101.6M	120.0M	126.0M
Total Revenue	772.7M	502.6M	444.9M	534.9M	689.2M	723.7M
Gross Profit	156.1M	96.8M	65.4M	71.5M	120.8M	126.8M
Other Operating Expenses	759.9M	516.3M	478.6M	564.9M	695.9M	730.7M
Operating Income	12.8M	(18.7M)	(33.7M)	(30.0M)	(6.7M)	(6.3M)
Ebit	(22.1M)	(17.4M)	(38.9M)	(30.0M)	(9.3M)	(8.9M)
Ebitda	(21.9M)	19.0M	(4.7M)	(2.3M)	16.8M	24.1M
Cost Of Revenue	616.6M	405.7M	379.5M	463.4M	568.4M	596.8M
Total Operating Expenses	143.4M	110.5M	99.1M	101.6M	127.5M	133.8M
Income Before Tax	68.3M	(112.4M)	(27.0M)	(29.8M)	(26.3M)	(25.0M)
Total Other Income Expense Net	55.5M	(11.7M)	1.7M	251K	(19.6M)	(18.7M)
Net Income	52.0M	(115.8M)	(25.6M)	(35.7M)	(26.4M)	(25.1M)
Income Tax Expense	16.3M	3.4M	(1.4M)	6.0M	110K	104.5K
Net Income Applicable To Common Shares	52.0M	(115.8M)	(25.6M)	(35.7M)	(32.2M)	(30.6M)
Research Development	108.9M	86.8M	85.3M	48.3M	53.5M	63.4M
Net Income From Continuing Ops	52.0M	(115.8M)	(25.6M)	(35.7M)	(40.2M)	(38.2M)
Tax Provision	16.3M	3.4M	(1.4M)	6.0M	5.1M	7.8M
Net Interest Income	(6.1M)	(6.7M)	(6.8M)	(9.4M)	(21.0M)	(19.9M)
Reconciled Depreciation	33.0M	31.9M	29.0M	27.8M	26.6M	24.0M

Pair Trading with Astronics

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 Astronics 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 Astronics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Astronics Stock

0.68

Boeing Fiscal Year End 29th of January 2025

Pair Corr

Moving against Astronics Stock

0.77	ESLT	Elbit Systems	Pair Corr
0.72	CAE	CAE Inc	Pair Corr
0.7	ERJ	Embraer SA ADR	Pair Corr
0.67	DRS	Leonardo DRS, Common	Pair Corr
0.64	CW	Curtiss Wright	Pair Corr

The ability to find closely correlated positions to Astronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astronics 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 Astronics - 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 Astronics to buy it.

The correlation of Astronics 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 Astronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astronics 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 Astronics 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 Correlation Correlation Matching

When determining whether Astronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Astronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astronics Stock:

How To Invest In Astronics

Details

Is Astronics Stock a good investment?

Details

What is Astronics' Net Worth?

Details

Largest Aerospace & Defense Companies

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Largest Industrials Companies

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To learn how to invest in Astronics Stock, please use our How to Invest in Astronics guide.

You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Is Aerospace & Defense space 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 Astronics. If investors know Astronics 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 Astronics 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

(0.93)

Earnings Share

(0.16)

Revenue Per Share

22.48

Quarterly Revenue Growth

0.25

Return On Assets

0.0218

The market value of Astronics is measured differently than its book value, which is the value of Astronics that is recorded on the company's balance sheet. Investors also form their own opinion of Astronics' value that differs from its market value or its book value, called intrinsic value, which is Astronics' 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 Astronics' market value can be influenced by many factors that don't directly affect Astronics' 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 Astronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Astronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astronics' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Astronics Historical Income Statement

About Astronics Income Statement Analysis

Astronics Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Astronics income statement Correlations

Astronics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Astronics income statement Accounts

Pair Trading with Astronics

Moving together with Astronics Stock

Moving against Astronics Stock

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Total Operating Expenses	+ 1.0	Selling General Administrative
Cost Of Revenue	+ 1.0	Other Operating Expenses
Cost Of Revenue	+ 0.99	Total Revenue
Net Income	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.99	Net Income
Other Operating Expenses	+ 0.98	Total Revenue

Net Interest Income	- 0.97	Interest Expense
Extraordinary Items	- 0.81	Tax Provision
Non Operating Income Net Other	- 0.74	Extraordinary Items
Extraordinary Items	- 0.71	Ebit
Tax Provision	- 0.7	Total Operating Expenses
Tax Provision	- 0.7	Selling General Administrative