Astec Industries, Inc. is a company dedicated to the creation, production, and global distribution of specialized machinery and essential components. These products primarily support road construction and various other heavy building and civil engineering endeavors, serving both domestic and international markets. Its operations are structured into two distinct divisions: Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions division provides an extensive range of equipment vital for asphalt production, concrete handling, and overall construction support. This encompasses asphalt and concrete plants, storage tanks, heating and cooling units, various paving and material transfer vehicles, dust control systems, soil stabilization and remediation machinery, wood processing equipment like chippers and grinders, and advanced control systems. Furthermore, it delivers comprehensive engineering and environmental compliance services. Its clientele spans asphalt manufacturers, heavy civil and road construction contractors, ready-mix concrete suppliers, companies engaged in construction and demolition waste recycling, and government entities. Conversely, the Materials Solutions division specializes in designing and producing robust machinery for material processing. This includes crushing, screening, and vibrating equipment, along with mobile, modular, and portable plant configurations. It also provides bulk material handling and conveying systems, plant automation solutions, and specialized mineral processing equipment. This segment augments its product offerings with expert consulting and engineering support. Astec Industries, Inc. was established in 1972 and maintains its corporate headquarters in Chattanooga, Tennessee.
CEO: Jaco G. van der Merwe. Company website
Astec Industries, Inc. (ASTE) trades at $41.40, up 1.05% on the day, as of Sep 20, 2026 14:59 UTC.
Astec Industries, Inc. has a market capitalisation of $951.89M, calculated from the live ASTE share price and shares outstanding.
ASTE trades at a trailing P/E of 48.71, from earnings per share of $0.85 over the last twelve months.
Astec Industries, Inc. generated revenue of $1.56B over the trailing twelve months, which puts the stock at 0.61 times sales.
Yes. Astec Industries, Inc. pays a dividend yielding 1.06% on the current share price.
ASTE has traded between $39.99 and $65.69 over the past 52 weeks, and the last price is 37.0% below that high.
Yes. Astec Industries, Inc. keeps 1.26% of revenue as net income over the trailing twelve months.
Wall Street analysts rate ASTE Buy, with an average price target of $36.00, 13.0% below the current price.
Astec Industries, Inc. is classified under the Industrials sector and the Industrial - Machinery industry, and is domiciled in US.
Jaco G. van der Merwe is the chief executive of Astec Industries, Inc., which employs 4,468 people.
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