Astec Industries (ASTE) annual balance sheet covering fiscal 2020 through 2025, as reported to the SEC.
Total assets have grown 10% a year on average since fiscal 2020, from $848.2M to $1.37B.
A balance sheet shows what a company owns and what it owes on a single date. The difference between the two belongs to shareholders.
| Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||||||||||||||
Current assets: | |||||||||||||||||||||
Cash, cash equivalents and restricted cash | |||||||||||||||||||||
72,000 | 90,800 | 63,200 | 66,000 | 134,400 | 158,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash, cash equivalents and restricted cash | 72,000 | 90,800 | 63,200 | 66,000 | 134,400 | 158,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Investments | |||||||||||||||||||||
2,100 | 3,000 | 5,700 | 3,900 | 8,600 | 4,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Investments | 2,100 | 3,000 | 5,700 | 3,900 | 8,600 | 4,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Trade receivables, contract assets and other receivables, net of allowance for credit losses of $3.0 and $3.7, respectively | |||||||||||||||||||||
218,700 | 167,200 | 152,700 | 173,600 | 141,700 | 115,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Trade receivables, contract assets and other receivables, net of allowance for credit losses of $3.0 and $3.7, respectively | 218,700 | 167,200 | 152,700 | 173,600 | 141,700 | 115,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other receivables, net of allowance for credit losses of $0.7, respectively | |||||||||||||||||||||
- | - | - | - | 3,500 | 4,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other receivables, net of allowance for credit losses of $0.7, respectively | - | - | - | - | 3,500 | 4,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Inventories | |||||||||||||||||||||
466,000 | 422,700 | 455,600 | 393,400 | 298,700 | 249,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Inventories | 466,000 | 422,700 | 455,600 | 393,400 | 298,700 | 249,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Prepaid and refundable income taxes | |||||||||||||||||||||
15,000 | 9,300 | 14,600 | 15,900 | 20,500 | 8,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Prepaid and refundable income taxes | 15,000 | 9,300 | 14,600 | 15,900 | 20,500 | 8,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Prepaid expenses and other assets | |||||||||||||||||||||
42,800 | 29,800 | 27,700 | 28,200 | 23,500 | 17,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Prepaid expenses and other assets | 42,800 | 29,800 | 27,700 | 28,200 | 23,500 | 17,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Assets held for sale | |||||||||||||||||||||
- | - | - | 15,400 | 5,100 | 6,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Assets held for sale | - | - | - | 15,400 | 5,100 | 6,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred income tax assets | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income tax assets | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other current assets | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other current assets | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current assets | |||||||||||||||||||||
816,600 | 722,800 | 719,500 | 696,400 | 636,000 | 565,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current assets | 816,600 | 722,800 | 719,500 | 696,400 | 636,000 | 565,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Property and equipment, net of accumulated depreciation of $296.0 and $285.0, respectively | |||||||||||||||||||||
222,300 | 181,900 | 187,600 | 173,600 | 171,700 | 172,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Property and equipment, net of accumulated depreciation of $296.0 and $285.0, respectively | 222,300 | 181,900 | 187,600 | 173,600 | 171,700 | 172,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Investments | |||||||||||||||||||||
21,100 | 18,900 | 13,800 | 15,100 | 12,200 | 13,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Investments | 21,100 | 18,900 | 13,800 | 15,100 | 12,200 | 13,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Goodwill | |||||||||||||||||||||
111,800 | 25,000 | 46,300 | 45,200 | 38,600 | 38,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Goodwill | 111,800 | 25,000 | 46,300 | 45,200 | 38,600 | 38,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Intangible assets, net of accumulated amortization of $85.3 and $70.1, respectively | |||||||||||||||||||||
124,500 | 11,200 | 16,400 | 22,500 | 22,700 | 31,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Intangible assets, net of accumulated amortization of $85.3 and $70.1, respectively | 124,500 | 11,200 | 16,400 | 22,500 | 22,700 | 31,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred income tax assets | |||||||||||||||||||||
25,300 | 45,800 | 37,500 | 32,100 | 16,200 | 15,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income tax assets | 25,300 | 45,800 | 37,500 | 32,100 | 16,200 | 15,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other long-term assets | |||||||||||||||||||||
45,600 | 38,000 | 38,200 | 29,500 | 8,400 | 11,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other long-term assets | 45,600 | 38,000 | 38,200 | 29,500 | 8,400 | 11,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total assets | |||||||||||||||||||||
1,367,200 | 1,043,600 | 1,059,300 | 1,014,400 | 905,800 | 848,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total assets | 1,367,200 | 1,043,600 | 1,059,300 | 1,014,400 | 905,800 | 848,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
LIABILITIES AND EQUITY | |||||||||||||||||||||
Current liabilities: | |||||||||||||||||||||
Current maturities of long-term debt | |||||||||||||||||||||
16,200 | - | 100 | 200 | 100 | 200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Current maturities of long-term debt | 16,200 | - | 100 | 200 | 100 | 200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Short-term debt | |||||||||||||||||||||
12,100 | 13,300 | 11,000 | 9,400 | 2,600 | 1,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Short-term debt | 12,100 | 13,300 | 11,000 | 9,400 | 2,600 | 1,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accounts payable | |||||||||||||||||||||
93,500 | 79,200 | 116,900 | 107,200 | 82,200 | 52,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts payable | 93,500 | 79,200 | 116,900 | 107,200 | 82,200 | 52,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Customer deposits | |||||||||||||||||||||
83,700 | 77,300 | 70,200 | 69,500 | 60,200 | 34,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Customer deposits | 83,700 | 77,300 | 70,200 | 69,500 | 60,200 | 34,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued product warranty | |||||||||||||||||||||
19,300 | 16,100 | 16,500 | 11,900 | 10,500 | 10,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued product warranty | 19,300 | 16,100 | 16,500 | 11,900 | 10,500 | 10,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued employee related liabilities | |||||||||||||||||||||
51,200 | 38,200 | 44,100 | 35,300 | 30,600 | 20,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued employee related liabilities | 51,200 | 38,200 | 44,100 | 35,300 | 30,600 | 20,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued loss reserves | |||||||||||||||||||||
- | - | 2,700 | 1,900 | 1,900 | 3,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued loss reserves | - | - | 2,700 | 1,900 | 1,900 | 3,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other current liabilities | |||||||||||||||||||||
52,000 | 47,600 | 37,500 | 38,600 | 35,200 | 47,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other current liabilities | 52,000 | 47,600 | 37,500 | 38,600 | 35,200 | 47,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current liabilities | |||||||||||||||||||||
328,000 | 271,700 | 299,000 | 274,000 | 223,300 | 170,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current liabilities | 328,000 | 271,700 | 299,000 | 274,000 | 223,300 | 170,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Long-term debt | |||||||||||||||||||||
319,600 | 105,000 | 72,000 | 78,100 | 200 | 400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Long-term debt | 319,600 | 105,000 | 72,000 | 78,100 | 200 | 400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred income tax liabilities | |||||||||||||||||||||
6,700 | 2,400 | 1,100 | 2,100 | 1,400 | 500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income tax liabilities | 6,700 | 2,400 | 1,100 | 2,100 | 1,400 | 500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other long-term liabilities | |||||||||||||||||||||
31,300 | 26,900 | 33,500 | 33,300 | 29,600 | 34,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other long-term liabilities | 31,300 | 26,900 | 33,500 | 33,300 | 29,600 | 34,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total liabilities | |||||||||||||||||||||
685,600 | 406,000 | 405,600 | 387,500 | 254,500 | 205,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total liabilities | 685,600 | 406,000 | 405,600 | 387,500 | 254,500 | 205,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Shareholders' equity: | |||||||||||||||||||||
Preferred stock – authorized 2,000,000 shares of $1.00 par value; none issued | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Preferred stock – authorized 2,000,000 shares of $1.00 par value; none issued | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Common stock – authorized 40,000,000 shares of $0.20 par value; issued and outstanding – 22,994,624 as of June 30, 2026 and 22,877,530 as of December 31, 2025 | |||||||||||||||||||||
4,600 | 4,600 | 4,500 | 4,500 | 4,500 | 4,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Common stock – authorized 40,000,000 shares of $0.20 par value; issued and outstanding – 22,994,624 as of June 30, 2026 and 22,877,530 as of December 31, 2025 | 4,600 | 4,600 | 4,500 | 4,500 | 4,500 | 4,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Additional paid-in capital | |||||||||||||||||||||
149,600 | 142,900 | 138,400 | 135,800 | 130,600 | 127,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Additional paid-in capital | 149,600 | 142,900 | 138,400 | 135,800 | 130,600 | 127,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accumulated other comprehensive loss | |||||||||||||||||||||
-40,600 | -51,100 | -38,100 | -40,100 | -32,400 | -33,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accumulated other comprehensive loss | -40,600 | -51,100 | -38,100 | -40,100 | -32,400 | -33,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Company stock held by deferred compensation programs, at cost | |||||||||||||||||||||
200 | 300 | 800 | 1,100 | 1,200 | 1,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Company stock held by deferred compensation programs, at cost | 200 | 300 | 800 | 1,100 | 1,200 | 1,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Company stock held by deferred compensation programs, at cost | |||||||||||||||||||||
200 | 300 | 800 | 1,100 | 1,200 | 1,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Company stock held by deferred compensation programs, at cost | 200 | 300 | 800 | 1,100 | 1,200 | 1,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Retained earnings | |||||||||||||||||||||
568,300 | 541,700 | 549,400 | 527,800 | 549,300 | 545,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Retained earnings | 568,300 | 541,700 | 549,400 | 527,800 | 549,300 | 545,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Shareholders' equity | |||||||||||||||||||||
681,700 | 637,800 | 653,400 | 626,900 | 650,800 | 642,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Shareholders' equity | 681,700 | 637,800 | 653,400 | 626,900 | 650,800 | 642,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Noncontrolling interest | |||||||||||||||||||||
-100 | -200 | 300 | - | 500 | 500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Noncontrolling interest | -100 | -200 | 300 | - | 500 | 500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total equity | |||||||||||||||||||||
681,600 | 637,600 | 653,700 | 626,900 | 651,300 | 643,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total equity | 681,600 | 637,600 | 653,700 | 626,900 | 651,300 | 643,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total liabilities and equity | |||||||||||||||||||||
1,367,200 | 1,043,600 | 1,059,300 | 1,014,400 | 905,800 | 848,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total liabilities and equity | 1,367,200 | 1,043,600 | 1,059,300 | 1,014,400 | 905,800 | 848,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||