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Astronics ATRO Debt-to-equity

Debt-to-equity at other companies

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BoeingBA
10.4×
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0.0×
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Raytheon TechnologiesRTX
0.6×-0.1×
Honeywell International logo
Honeywell InternationalHON
2.8×+0.8×
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Crane Co.CR
0.6×+0.4×
Loar Holdings logo
Loar HoldingsLOAR
0.8×+0.6×

Other financials

Income statement

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Revenue$230.6M+12.0%
Gross profit$75.1M+23.5%
Operating income$27.2M+107%
Net income$25.5M+168%
EPS (diluted)$0.67+158%

Balance sheet

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Cash & equivalents$11.9M-54.3%
Total debt$379.1M+93.4%
Total equity$161.7M-39.4%
Total assets$747.1M+12.8%

Cash flow

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Operating cash flow$10.6M-48.6%
CapEx$11.2M+430%
Free cash flow-$554.0K-103%

Valuation

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Market cap$3.46B+179%
Enterprise value$3.83B+169%
P/E76.4×
P/S3.9×+2.4×

Profitability

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Gross margin30.7%+2.1pp
Operating margin10.2%+5.6pp
Net margin5.1%+4.7pp
FCF margin4.9%+4.0pp

Returns & leverage

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Return on equity21.2%+20.0pp
Current ratio+0.2×

Where this comes from

Calculated from Astronics’s reported figures.

Based on the most recent quarter.

The official record: Astronics’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Astronics's debt-to-equity?
Astronics (ATRO) reported debt-to-equity of 2.3× in Q1 2026.
How has Astronics's debt-to-equity changed year-over-year?
Astronics's debt-to-equity increased by 219.0% year-over-year, from 0.7× to 2.3×.
What is the long-term trend for Astronics's debt-to-equity?
Over 5 years (2020 to 2025), Astronics's debt-to-equity has grown at a 29.9% compound annual growth rate (CAGR), from 0.7× to 2.7×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.