ATRO
IndustrialsAstronics Corporation · Aerospace & Defense · $3B
What is Astronics Corporation?
Astronics Corporation designs and manufactures specialized products for the aerospace, defense, and electronics industries. Headquartered in East Aurora, New York, the company serves commercial airlines, military branches, and original equipment manufacturers across global markets.
Astronics operates through two segments: Aerospace and Test Systems. The Aerospace segment produces lighting and safety systems, electrical power generation and distribution equipment, seat motion systems, aircraft structures, and avionics products — serving airframe OEMs, airlines, and the U.S. Department of Defense. The Test Systems segment designs and maintains automated test equipment for aerospace, defense, communications, and mass transit industries, including wireless testing for civil land mobile radio markets and training simulation devices.
Astronics was incorporated in 1968 and is headquartered in East Aurora, New York.
- Aircraft lighting and cabin safety systems
- Electrical power generation and distribution equipment
- Avionics products and system certification services
- Automated test systems for aerospace and defense
- Wireless communication testing and simulation devices
Is ATRO a Good Stock to Buy?
UQS Score rates ATRO as Below Average overall, reflecting a mixed picture across the five quality pillars.
The standout element in ATRO's profile is its Growth pillar, which rates Strong — suggesting the business is expanding at a pace that compares favorably within the industrials sector. Quality lands at a Neutral rating, indicating the company meets baseline standards without distinguishing itself.
The Moat and Risk pillars both rate Weak, pointing to limited competitive insulation and meaningful business or financial vulnerabilities. Valuation is flagged as Elevated, meaning the market may already be pricing in a recovery.
See the exact pillar breakdown and underlying financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does ATRO pay dividends?
No — Astronics Corporation does not currently pay a dividend.
Astronics does not currently pay a dividend. For a company operating in cyclical aerospace and defense markets while pursuing growth, retaining capital for reinvestment in product development, manufacturing capacity, and potential acquisitions is a common strategic choice. Income-focused investors should factor this into their assessment.
When does ATRO report earnings?
Astronics Corporation reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
The company's Strong Growth pillar rating suggests recent revenue trends have been moving in a positive direction relative to sector peers. However, the Weak Risk rating indicates that profitability or balance sheet pressures may temper the headline growth story.
For the most recent quarter's results and guidance, visit Astronics Corporation's investor relations page directly.
ATRO Price History
+347.4% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Astronics Corporation?
Based on Astronics Corporation'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.
ATRO Long-term Outlook
Astronics's Strong Growth pillar points to a business benefiting from aerospace industry recovery and defense spending tailwinds. However, the Weak Risk and Weak Moat ratings suggest the path forward carries meaningful execution and competitive risk. The Elevated Valuation label indicates the market has already priced in a degree of optimism, leaving limited margin for error if growth disappoints.
Growth drivers
- Commercial aerospace recovery driving demand for cabin and power systems
- Defense and government electronics spending supporting Test Systems revenue
- Expansion into wireless and mass transit testing markets
Key risks
- Weak competitive moat leaves ATRO exposed to pricing pressure from larger peers
- Elevated valuation reduces the buffer if growth execution falters
- Cyclical aerospace demand and supply chain vulnerabilities amplify Risk pillar concerns
ATRO vs Peers
Astronics competes in the aerospace components and defense electronics space alongside several specialized industrial companies.
V2X focuses primarily on defense services, logistics, and sustainment — a services-heavy model compared to Astronics's product manufacturing orientation.
Ducommun manufactures structural and electronic components for aerospace and defense, overlapping closely with Astronics's Aerospace segment in serving OEM customers.
BETA Technologies targets electric aviation infrastructure and advanced air mobility — a forward-looking niche that differs from Astronics's established commercial and military product lines.
Frequently Asked Questions
What does Astronics Corporation do?
Astronics designs and manufactures products for the aerospace, defense, and electronics industries. Its two segments cover aircraft lighting, power systems, avionics, and structures under Aerospace, and automated test equipment for defense and communications under Test Systems. Customers include airlines, airframe OEMs, and U.S. military branches.
Does ATRO pay dividends?
Astronics does not currently pay a dividend. The company appears to prioritize reinvesting capital into its operations and product development rather than returning cash to shareholders through distributions. Investors seeking regular income should note this absence.
When does ATRO report earnings?
Astronics reports on a quarterly cadence, as is standard for US-listed companies. For confirmed dates and the latest results, check the investor relations section of Astronics's official website, as our data source does not cover specific upcoming earnings dates.
Is ATRO a good stock to buy?
UQS Score rates ATRO as Below Average overall. While the Growth pillar is Strong, the Weak Moat and Weak Risk ratings highlight real concerns, and the Elevated Valuation suggests limited room for error. Whether it fits your portfolio depends on your risk tolerance and investment goals — the full pillar breakdown is available to Pro members.
Is ATRO overvalued?
The UQS Valuation pillar for ATRO is rated Elevated, which indicates the current market price may reflect optimistic expectations relative to the company's fundamental profile. This does not guarantee the stock will decline, but it does suggest investors are paying a premium compared to sector norms.
How does ATRO compare to its competitors?
Among peers like Ducommun and V2X, Astronics occupies a niche in aircraft cabin systems and defense test equipment. Its Strong Growth rating may differentiate it from slower-moving peers, but its Weak Moat suggests it lacks the pricing power or switching-cost advantages that stronger competitors may hold.
What is ATRO's market cap bracket?
Astronics Corporation is classified as a mid-cap company. This places it in a tier that typically offers more growth potential than large-caps but carries more operational and liquidity risk than the largest industrials players in the aerospace and defense sector.
Who founded Astronics Corporation?
Astronics Corporation was incorporated in 1968. Detailed founding history, including the names of original founders, is publicly available through the company's official corporate history and SEC filings.
Is ATRO a long-term quality investment?
As a long-term quality indicator, ATRO's Below Average UQS Score reflects a profile with meaningful gaps — particularly in Moat and Risk. The Strong Growth rating is encouraging, but durable long-term quality typically requires stronger competitive insulation and financial resilience. Pro members can view the complete analysis to assess fit for long-term portfolios.
What is the main competitive advantage of Astronics?
Astronics's competitive positioning stems from its specialized engineering capabilities in aircraft power systems, lighting, and defense test equipment — areas requiring deep technical expertise and regulatory certification. However, the UQS Moat pillar rates Weak, suggesting these advantages may not yet translate into durable pricing power or high customer switching costs.
What sector does ATRO belong to?
Astronics Corporation belongs to the Industrials sector, specifically within aerospace and defense manufacturing and electronics. The company's products serve both commercial aviation and government defense programs, giving it exposure to two distinct demand cycles within the broader industrials landscape.
Is ATRO a growth stock or value stock?
Based on UQS pillar labels, ATRO leans toward a growth profile — its Growth pillar rates Strong. However, the Elevated Valuation rating means it does not screen as a traditional value opportunity. It occupies a middle ground where growth expectations are high but fundamental quality metrics remain mixed.
Unlock Full ATRO Analysis
Sign in to unlock the detailed analysis behind the UQS Score.
- ✓View exact scores across all five UQS pillars
- ✓Access underlying financial metrics driving each rating
- ✓Compare ATRO against aerospace and defense peers
- ✓Track pillar changes as new earnings data arrives
- ✓Screen for stronger-rated alternatives in the Industrials sector
Pro Analysis
ATRO — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 23, 2026 | 53.8 | 60.5 | 39.0 | 86.3 | 41.2 | 36.6 | 0.0 |
| May 22, 2026 | 53.8 | 60.5 | 39.0 | 86.3 | 41.2 | 36.8 | +0.1 |
| May 21, 2026 | 53.7 | 60.5 | 39.0 | 86.3 | 41.2 | 36.1 | -0.2 |
| May 20, 2026 | 53.9 | 60.5 | 39.0 | 86.3 | 41.2 | 36.9 | +0.1 |
| May 19, 2026 | 53.8 | 60.5 | 39.0 | 86.3 | 41.2 | 36.7 | -0.1 |
| May 16, 2026 | 53.9 | 60.5 | 39.0 | 86.3 | 41.2 | 37.0 | +0.1 |
| May 15, 2026 | 53.8 | 60.5 | 39.0 | 86.3 | 41.2 | 36.4 | 0.0 |
| May 14, 2026 | 53.8 | 60.5 | 39.0 | 86.3 | 41.2 | 36.6 | +3.3 |
| May 13, 2026 | 50.5 | 52.4 | 39.0 | 86.3 | 32.4 | 36.9 | -0.1 |
| May 12, 2026 | 50.6 | 52.4 | 39.0 | 86.3 | 32.4 | 37.2 | 0.0 |
ATRO — Pillar Breakdown
Quality
— 60.5/100 (25%)Astronics Corporation shows solid profitability with healthy returns on capital and reasonable margins.
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
— 86.3/100 (20%)Astronics Corporation 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
— 41.2/100 (15%)Astronics Corporation 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
— 36.6/100 (15%)Astronics Corporation has a mixed valuation — some metrics suggest fair value while others appear stretched.
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
— 39/100 (25%)Astronics Corporation possesses some competitive advantages but faces meaningful competition. 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 ATRO.
Score Composition
Financial Data
More Stock Analysis
How is the ATRO UQS Score Calculated?
The UQS (Unified Quality Score) for Astronics Corporation 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 Astronics Corporation'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 Astronics Corporation 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.