ASTEC INDUSTRIES INC
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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FY2024 · Filed Feb 26, 2025
ASTE$37.63+5.4%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net sales | $1,305.1 | $1,338.2 | $1,274.5 |
| Cost of sales | 977.2 | 1,007.4 | 1,010.4 |
| Gross profit | 327.9 | 330.8 | 264.1 |
| Selling, general and administrative expenses | 276.1 | 276.4 | 247.6 |
| Goodwill impairment | 20.2 | — | — |
| Restructuring, impairment and other asset charges, net | 8.4 | 5.8 | 9.0 |
| Income from operations | 23.2 | 48.6 | 7.5 |
| Other expenses, net: | |||
| Interest expense | (10.7) | (8.9) | (2.5) |
| Interest income | 2.0 | 2.1 | 1.0 |
| Other (expenses) income, net | (0.6) | 1.0 | (1.6) |
| Income before income taxes | 13.9 | 42.8 | 4.4 |
| Income tax provision | 9.8 | 9.1 | 5.0 |
| Net income (loss) | 4.1 | 33.7 | (0.6) |
| Net loss (income) attributable to noncontrolling interest | 0.2 | (0.2) | 0.5 |
| Net income (loss) attributable to controlling interest | $4.3 | $33.5 | $(0.1) |
| Per share data: | |||
| Earnings per common share - Basic | $0.19 | $1.47 | $— |
| Earnings per common share - Diluted | $0.19 | $1.47 | $— |
| Weighted average shares outstanding - Basic | 22,799,071 | 22,719,900 | 22,790,717 |
| Weighted average shares outstanding - Diluted | 22,853,451 | 22,781,369 | 22,790,717 |
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