Astec Q4 sales rise 6.5% to $359.0 million; full-year net income falls to $4.3 million
Astec Industries reported fourth-quarter 2024 net sales of $359.0 million, up 6.5%, and net income attributable to the controlling interest of $21.1 million, up from $14.9 million. For the full year, net sales fell 2.5% to $1,305.1 million and net income fell to $4.3 million from $33.5 million, including a $20.2 million goodwill impairment. The company expects 2025 adjusted EBITDA of $105 million to $125 million, compared with $111.8 million in 2024.
Key points
- Q4 diluted EPS was $0.92, up from $0.65 a year earlier; Q4 adjusted EPS was $1.19, up from $0.90
- Full-year 2024 net sales were $1,305.1 million, down 2.5% from $1,338.2 million
- Full-year 2024 net income was $4.3 million, down from $33.5 million, after a $20.2 million goodwill impairment in Materials Solutions
- 2025 adjusted EBITDA guidance is $105 million to $125 million
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 26, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.