Astec Industries, Inc.
astecindustries.comWhat Do They Do?
Sells asphalt and concrete plants and road-building equipment to producers and contractors, plus aggregate-processing equipment to mining and quarry operators.
10-K for FY2025, filed Feb 25, 2026The Infrastructure Solutions segment designs, engineers, manufactures and markets a complete line of asphalt plants, concrete plants and…View ↗
Asphalt and concrete plants and their related equipment are sold to asphalt or concrete producers, respectively, or domestic and foreign…View ↗
Crushing - Our complete line of primary, secondary, tertiary and quaternary crushers are used to crush large, over-sized material in…View ↗
The principal purchasers of materials processing equipment include distributors, highway and heavy equipment contractors, sand and gravel…View ↗
How Do They Make Money?
Customers buy equipment and replacement parts. Many equipment orders require down payments, with other terms allowing payment shortly after shipment, typically 30 days; installation is priced separately, and service is billed by the hour or at cost plus a margin.
10-K for FY2025, filed Feb 25, 2026Our products are marketed both domestically and internationally primarily to asphalt and concrete producers; highway and heavy equipment…View ↗
Revenue Recognition - Revenue is generally recognized when the Company satisfies a performance obligation by transferring control of goods…View ↗
Service and Equipment Installation Revenue - Purchasers of certain of the Company's equipment often contract with the Company to provide…View ↗
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10-K for FY2025, filed Feb 25, 2026
FY2025 revenue by reportable segment ↗
$1.4B
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10-K for FY2025, filed Feb 25, 2026
$1.4B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Infrastructure Solutions
Sold outright
10-K for FY2025, filed Feb 25, 2026 |
63%
FY2022: 63%
|
Infrastructure Solutions, FY2025
$893.4M Sources
|
Sold outright |
|
Materials Solutions
Sold outright
10-K for FY2025, filed Feb 25, 2026 |
40%
FY2022: 40%
|
Materials Solutions, FY2025
$557.9M Sources
|
Sold outright |
Who Are Their Customers?
Asphalt and concrete producers, road and utility contractors, and aggregate, mining and recycling operators buy equipment, parts and services through company sales staff, dealers, independent distributors and international sales sites.
10-K for FY2025, filed Feb 25, 2026Our products are marketed both domestically and internationally primarily to asphalt and concrete producers; highway and heavy equipment…View ↗
We market our products domestically and internationally through direct and dealer support sales staff, domestic and international…View ↗
Asphalt and concrete plants and their related equipment are sold to asphalt or concrete producers, respectively, or domestic and foreign…View ↗
The principal purchasers of materials processing equipment include distributors, highway and heavy equipment contractors, sand and gravel…View ↗
Materials Solutions equipment and aftermarket sales and service programs are primarily marketed through an extensive network of dealers via…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 3 cents of every revenue dollar as net income in FY2025 and turned 1 cent into free cash flow.
10-K for FY2025, filed Feb 25, 2026
$65.9MView ↗
10-K for FY2025, filed Feb 25, 2026
$38.8MView ↗
10-K for FY2025, filed Feb 25, 2026
$20.7MView ↗
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 5, 2026
Open tableView ↗
Growing. Revenue grew 29% in 4 years, from $1.1B in FY2021 to $1.4B in FY2025, about 7% a year.
Who Do They Compete With?
Competes with Asphalt Drum Mixers, Diamond Z, Morbark, ALmix, Doppstadt, Stephens Manufacturing, Ammann Group, Dynapac, Tigercat Industries, Bandit Industries, EDGE Innovate, The Vince Hagan, Benninghoven, ERIE Strayer, Vogele, Bomag, Gencor Industries, Weiler, Caterpillar, and LeeBoy
10-K for FY2025, filed Feb 25, 2026Asphalt Drum Mixers LLC (part of Fayat Group)View ↗
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