ASTE
IndustrialsAstec Industries, Inc. · Agricultural - Machinery · $1B
What is Astec Industries, Inc.?
Astec Industries designs and manufactures heavy equipment used in road building, construction, and related infrastructure activities. Headquartered in Chattanooga, the company serves customers across the United States and internationally through two core operating segments.
Astec generates revenue by selling specialized equipment and components to asphalt producers, highway contractors, ready-mix concrete producers, and government agencies. Its Infrastructure Solutions segment covers asphalt plants, pavers, milling machines, and concrete systems, while its Materials Solutions segment focuses on crushing, screening, and bulk material handling equipment. The company also provides engineering and environmental permitting services.
Astec Industries was founded in 1986 and is headquartered in Chattanooga, Tennessee.
- Asphalt plants and pavers
- Crushing and screening equipment
- Concrete batch plants and mixers
- Bulk material handling solutions
Is ASTE a Good Stock to Buy?
UQS Score rates ASTE as Below Average overall, reflecting meaningful challenges across several key quality dimensions.
Among the five pillars, Growth stands out as the relative bright spot, suggesting the business has some forward momentum in revenue or earnings expansion. Risk and Valuation both register as Neutral, meaning the stock does not appear to carry extreme downside exposure or an obviously stretched price.
Both the Quality and Moat pillars score Weak, pointing to below-average returns on capital and limited competitive differentiation relative to sector peers.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does ASTE pay dividends?
Yes — Astec Industries, Inc. pays a dividend.
Astec Industries pays a regular dividend, which is relatively uncommon among smaller industrial manufacturers. This signals a degree of financial commitment to returning capital to shareholders. Investors seeking income alongside exposure to infrastructure equipment should review the current yield and payout history on Astec's investor relations page.
When does ASTE report earnings?
Astec Industries reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
Results have reflected the cyclical nature of infrastructure spending and construction activity. Segment performance can vary based on project timing, raw material costs, and government infrastructure budgets.
For the most recent quarter's results and guidance, visit Astec Industries' official investor relations page.
ASTE Price History
-11.4% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Astec Industries, Inc.?
Based on Astec Industries, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
ASTE Long-term Outlook
The Good Growth pillar label suggests Astec may benefit from continued infrastructure investment trends, particularly as road construction and related public works spending remains a policy priority in several of its key markets. However, the Weak Quality and Moat scores temper the longer-term outlook, as the company may struggle to convert growth into durable, above-average returns. Neutral Risk indicates the near-term fundamental picture is not severely stressed, but execution remains a key variable.
Growth drivers
- Government infrastructure spending supporting demand for road-building equipment
- International expansion in construction and materials handling markets
- Product line breadth spanning asphalt, concrete, and crushing equipment
Key risks
- Weak competitive moat leaving pricing power vulnerable to larger rivals
- Cyclical exposure to construction activity and public works budgets
- Below-average quality metrics limiting reinvestment capacity
ASTE vs Peers
Astec Industries competes in the broader industrial equipment space alongside several specialized manufacturers.
Lindsay focuses on irrigation and infrastructure equipment, giving it exposure to agricultural markets that Astec does not serve.
Alamo Group specializes in vegetation management and infrastructure maintenance equipment, with a stronger government and municipal customer base.
Hyster-Yale concentrates on lift trucks and materials handling equipment, competing with Astec primarily in the broader industrial machinery category.
Frequently Asked Questions
What does Astec Industries do?
Astec Industries designs, engineers, and manufactures heavy equipment used in road building and construction. Its two segments — Infrastructure Solutions and Materials Solutions — serve asphalt producers, highway contractors, concrete producers, and government agencies with products ranging from asphalt plants to crushing and screening equipment.
Does ASTE pay dividends?
Yes, Astec Industries pays a regular dividend. This is relatively uncommon among small-cap industrial manufacturers. Investors should check the company's investor relations page for the current dividend rate and payment schedule, as these can change.
When does ASTE report earnings?
Astec Industries follows a standard quarterly earnings cadence for US-listed companies. Specific dates are not covered by our data source. For upcoming earnings dates, refer to Astec's investor relations page or a financial calendar service.
Is ASTE a good stock to buy?
UQS Score rates ASTE as Below Average, driven by Weak Quality and Moat scores. The Growth pillar is a relative positive, and Risk and Valuation are both Neutral. Whether it fits your portfolio depends on your risk tolerance and investment goals. Pro members can view the full pillar breakdown.
Is ASTE overvalued?
The UQS Valuation pillar for ASTE is rated Neutral, suggesting the stock is neither clearly cheap nor obviously expensive relative to its fundamentals. This does not mean it is a bargain — the Weak Quality score means investors should weigh what they are paying for carefully.
How does ASTE compare to its competitors?
Compared to peers like Alamo Group and Lindsay Corporation, Astec has a broader product range spanning asphalt, concrete, and materials handling equipment. However, its Weak Moat score suggests it has less competitive differentiation than some rivals. The UQS competitor comparison tool provides a side-by-side pillar view for Pro members.
What is ASTE's market cap bracket?
Astec Industries is classified as a small-cap company. Small-cap industrials can offer growth exposure but often carry higher volatility and less analyst coverage than large-cap peers in the same sector.
Who founded Astec Industries?
Astec Industries was founded in 1986. Detailed founding history, including founder names and early company milestones, is publicly available through the company's official website and corporate history disclosures.
Is ASTE a long-term quality investment?
As a long-term quality indicator, ASTE's Below Average UQS Score — driven by Weak Quality and Moat pillars — raises questions about its ability to sustain above-average returns over time. The Good Growth label offers some optimism, but durable long-term quality typically requires stronger fundamentals across all five pillars.
What is the main competitive advantage of Astec Industries?
Astec's breadth of product offerings across road building, asphalt, concrete, and materials handling gives it a degree of cross-selling capability with infrastructure contractors. However, the UQS Moat pillar rates this advantage as Weak, indicating limited pricing power or structural barriers relative to sector peers.
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Pro Analysis
ASTE — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 21, 2026 | 46.6 | 33.4 | 21.0 | 75.6 | 52.7 | 66.5 | -0.3 |
| May 20, 2026 | 46.9 | 33.4 | 21.0 | 75.6 | 52.7 | 68.5 | +0.1 |
| May 19, 2026 | 46.8 | 33.4 | 21.0 | 75.6 | 52.7 | 67.9 | -0.1 |
| May 17, 2026 | 46.9 | 33.4 | 21.0 | 75.6 | 52.7 | 68.4 | +0.2 |
| May 16, 2026 | 46.7 | 33.1 | 21.0 | 75.6 | 52.7 | 67.8 | +0.5 |
| May 15, 2026 | 46.2 | 33.1 | 21.0 | 75.6 | 52.7 | 64.4 | -0.2 |
| May 14, 2026 | 46.4 | 33.1 | 21.0 | 75.6 | 52.7 | 65.8 | +0.4 |
| May 13, 2026 | 46.0 | 32.5 | 21.0 | 75.6 | 52.7 | 64.0 | +0.4 |
| May 12, 2026 | 45.6 | 32.5 | 21.0 | 75.6 | 52.7 | 61.4 | 0.0 |
| May 11, 2026 | 45.6 | 32.5 | 21.0 | 75.6 | 52.7 | 61.2 | -0.2 |
ASTE — Pillar Breakdown
Quality
— 33.4/100 (25%)Astec Industries, Inc. currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 75.6/100 (20%)Astec Industries, Inc. is growing rapidly with strong revenue and earnings expansion.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 52.7/100 (15%)Astec Industries, Inc. has some risk factors including moderate leverage or solvency concerns.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 67.0/100 (15%)Astec Industries, Inc. trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 21/100 (25%)Astec Industries, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for ASTE.
Score Composition
Financial Data
More Stock Analysis
How is the ASTE UQS Score Calculated?
The UQS (Unified Quality Score) for Astec Industries, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Astec Industries, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Astec Industries, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.