ASTE
Astec Ind Inc (ASTE)
NASDAQ
$57.03-$0.80 (-1.39%)
Price as of Jun 23, 2026 3:05 PM EDT
  • $1.3B
    Market Cap
  • 51.36%
    1-Year Change
  • Farm & Heavy Construction Machinery
    Industry

Key Performance

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  • Earnings Score: 40
  • Momentum Score: 90
  • True Yield: N/A
  • Financial Health Score: 0
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Latest Research & News

Astec Industries, Inc. (NASDAQ: ASTE) to Participate in KeyBanc Capital Markets Industrials and Basic Materials Conference on May 27, 2026

Astec Industries announced that its CEO Jaco van der Merwe, CFO Brian Harris, and Senior Vice President of Investor Relations Steve Anderson will participate in one-on-one investor meetings at the KeyBanc Capital Markets Industrials and Basic Materials Conference on May 27, 2026.

05/21/2026, 7:00 AMGlobeNewswire

Astec Industries to Host Virtual Investor Day May 13, 2026

Astec Industries (NASDAQ: ASTE) announced its Investor Day scheduled for May 13, 2026, where CEO Jaco van der Merwe and executive leadership will discuss strategic priorities, operational initiatives, and long-term growth framework. The virtual event will cover topics including profitable growth, aftermarket expansion, innovation, digital solutions, and capital allocation strategies.

04/27/2026, 4:00 PMGlobeNewswire

Astec Announces Quarterly Dividend

Astec Industries (NASDAQ: ASTE) announced a quarterly dividend of $0.13 per share to be paid on May 29, 2026, to shareholders of record as of May 13, 2026. The company manufactures specialized equipment for asphalt road building, aggregate processing, and concrete production.

04/27/2026, 7:00 AMBenzinga

Astec Industries, Inc. Announces the Company’s First Quarter 2026 Conference Call on May 6, 2026, at 8:30 A.M. Eastern Time

Astec Industries announced it will hold a conference call on May 6, 2026, at 8:30 a.m. Eastern Time to discuss first quarter 2026 financial results. The company's leadership team, including President and CEO Jaco van der Merwe and CFO Brian Harris, will host the call. Investors can participate via phone or live webcast.

04/15/2026, 4:00 PMGlobeNewswire

Astec Reports Fourth Quarter and Full Year 2025 Results

Astec Industries announced record fourth quarter net sales of $400.6 million and full year adjusted EBITDA of $140.7 million, up 25.8% year-over-year. The company expects 2026 adjusted EBITDA between $170-190 million. While Infrastructure Solutions faced headwinds in mobile paving and forestry equipment, Materials Solutions showed strong growth with 60.6% revenue increase. The company maintains optimistic outlook supported by federal infrastructure funding and positive customer sentiment.

02/25/2026, 7:00 AMGlobeNewswire

Astec Announces Quarterly Dividend

Astec Industries declared a quarterly dividend of $0.13 per share payable March 31, 2026. The company completed its acquisition of CWMF, LLC for $67.5 million in cash, expecting revenue growth, margin expansion, and EPS accretion with synergies anticipated by end of year one.

02/23/2026, 4:00 PMGlobeNewswire

Mining Equipment Market to Reach USD 194.2 Billion by 2033 Led by Electrification and Automation Trends | Market Minds Advisory

The global mining equipment market is projected to grow from USD 140.8 billion in 2026 to USD 194.2 billion by 2033 at a 4.7% CAGR, driven by electrification, automation, and rising demand for critical minerals like lithium and copper. Surface mining equipment will dominate with 60% market share, while metal mining emerges as the fastest-growing segment. Asia-Pacific leads regional demand, with major OEMs like Caterpillar and Komatsu investing heavily in autonomous systems and electric platforms.

02/10/2026, 2:00 PMGlobeNewswire

Astec Completes Acquisition of CWMF, LLC

Astec Industries completed its acquisition of CWMF, LLC for $67.5 million in cash. The deal is expected to increase gross profit margins, adjusted EBITDA margins, and earnings per share. CWMF, with approximately $50 million in annual revenue, manufactures portable and stationary asphalt plant equipment and strengthens Astec's Infrastructure Solutions segment with enhanced capacity and regional presence in the Midwest, South-Central, and Great Lakes regions.

01/02/2026, 8:45 AMGlobeNewswire

Astec Completes Acquisition of CWMF, LLC

Astec Industries has completed its acquisition of CWMF, LLC for $67.5 million in cash. CWMF is a manufacturer of portable and stationary asphalt plant equipment. Astec expects the acquisition to increase gross profit margins, adjusted EBITDA margins, and earnings per share, with synergies anticipated by the end of year one and a proforma net leverage ratio of 1.5-2.5x.

01/02/2026, 8:45 AMBenzinga

Astec Enters into Definitive Agreement to Acquire CWMF Corporation

Astec Industries announced it will acquire CWMF Corporation, a manufacturer of asphalt plant equipment with approximately $50 million in annual revenues. The acquisition is expected to close in Q1 2026 and be immediately accretive to Astec's financial performance.

12/04/2025, 9:00 AMBenzinga

Astec (ASTE) Q2 EPS Jumps 59%

Astec Industries reported Q2 2025 earnings with improved profitability and cash flow, despite declining revenue. The company beat non-GAAP EPS expectations and completed the TerraSource acquisition, while experiencing softened demand in infrastructure equipment.

08/06/2025, 8:28 PMThe Motley Fool

Astec Announces Quarterly Dividend

Astec Industries announced a quarterly dividend of $0.13 per share, to be paid on August 29, 2025, to shareholders of record as of August 11, 2025.

07/28/2025, 4:01 PMBenzinga

Peers

Statistics

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Day Range
$55.30
$58.06
$57.83
1-Year Range
$37.91
$65.02
$57.83
Latest Close$57.83
Change
+$1.71 (+2.96%)
Volume186,547
Market Cap$1.3B
Shares Outstanding23.0M
P/E (TTM)51.93
Diluted EPS (TTM)$1.11
Enterprise Value$1.6B

Information as of 06/22/2026

Company Profile

$1.3B
Market Cap
$25.8M
Net Income
Sector: Industrials
Industry: Farm & Heavy Construction Machinery
1725 Shepherd Road, Chattanooga, TN, United States, 37421
423 899 5898

Astec Industries, Inc. designs, engineers, manufactures, markets, and services equipment and components used primarily in road building and related construction activities worldwide. The company operates in two segments, Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment offers asphalt plants, cold central plant recycles systems, and soil remediation plants; concrete batch plants, liquid asphalt terminals, and thermal fluid heaters; asphalt pavers, material transfer vehicles, and milling machines; and industrial automation controls and telematics platforms, as well as engineering and environmental permitting, various plants components, polymer plants, heat recovery units, industrial and asphalt burners and systems, wood chippers and grinders, and blower trucks and trailers,. The Materials Solutions segment offers jaw, cone, heavy-duty, and mining-application crushers; horizontal and vertical shaft impactors; incline, multi-frequency and high frequency, horizontal, and dewatering screens; washing and classifying plants, fines recovery systems, and water clarification systems; radial and telescoping conveyors, pugmills, truck unloaders, hopper feeders ship loaders and unloaders, and bulk receptions feeders; and Rock breaker systems, hydraulic breakers, compactors, and pulverizers. It provides its products to asphalt or concrete producers; highway and heavy equipment contractors; utility contractors; sand and gravel producers; construction, demolition, recycle and crushing contractors; forestry and environmental recycling contractors; mine and quarry operators; port and inland terminal authorities; power stations; and domestic and foreign government agencies. The company was incorporated in 1972 and is headquartered in Chattanooga, Tennessee.

Key Executives

  • Jaco van der Merwe
  • Brian J. Harris
  • Michael Norris
  • Barend Snyman
  • Chad Hartley

Current Ownership Distribution

  • Institutions391.2M (70.06%)
  • Mutual Funds163.9M (29.36%)
  • Insiders3.2M (0.58%)
  • Other0 (0.00%)