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Side-by-side financial comparison of ASTEC INDUSTRIES INC (ASTE) and COMMERCE BANCSHARES INC (CBSH). Click either name above to swap in a different company.

COMMERCE BANCSHARES INC is the larger business by last-quarter revenue ($475.7M vs $400.6M, roughly 1.2× ASTEC INDUSTRIES INC). COMMERCE BANCSHARES INC runs the higher net margin — 29.8% vs 3.0%, a 26.8% gap on every dollar of revenue. On growth, ASTEC INDUSTRIES INC posted the faster year-over-year revenue change (11.6% vs 11.1%). Over the past eight quarters, ASTEC INDUSTRIES INC's revenue compounded faster (13.8% CAGR vs 7.1%).

Astec International plc, better known as Astec Power or just Astec, was an international electronics company originally based in Hong Kong that manufactured power supply units and electric power conversion hardware. It was a major vendor of power supply units for computer systems, and for a time it was the largest global manufacturer of power supplies.

Commerce Bancshares, Inc. is a regional bank holding company headquartered in Missouri, with principal offices in Kansas City and St. Louis. It is the corporate parent of Commerce Bank, which offers a diversified line of financial services, including business and personal banking, wealth management and investments through its affiliated companies.

ASTE vs CBSH — Head-to-Head

Bigger by revenue
CBSH
CBSH
1.2× larger
CBSH
$475.7M
$400.6M
ASTE
Growing faster (revenue YoY)
ASTE
ASTE
+0.5% gap
ASTE
11.6%
11.1%
CBSH
Higher net margin
CBSH
CBSH
26.8% more per $
CBSH
29.8%
3.0%
ASTE
Faster 2-yr revenue CAGR
ASTE
ASTE
Annualised
ASTE
13.8%
7.1%
CBSH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ASTE
ASTE
CBSH
CBSH
Revenue
$400.6M
$475.7M
Net Profit
$12.0M
$141.6M
Gross Margin
27.3%
Operating Margin
5.7%
Net Margin
3.0%
29.8%
Revenue YoY
11.6%
11.1%
Net Profit YoY
-43.1%
10.5%
EPS (diluted)
$0.52
$0.96

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASTE
ASTE
CBSH
CBSH
Q1 26
$475.7M
Q4 25
$400.6M
$449.4M
Q3 25
$350.1M
$441.0M
Q2 25
$330.3M
$445.8M
Q1 25
$329.4M
$428.1M
Q4 24
$359.0M
$422.1M
Q3 24
$291.4M
$421.4M
Q2 24
$345.5M
$414.5M
Net Profit
ASTE
ASTE
CBSH
CBSH
Q1 26
$141.6M
Q4 25
$12.0M
$140.7M
Q3 25
$-4.2M
$141.5M
Q2 25
$16.7M
$152.5M
Q1 25
$14.3M
$131.6M
Q4 24
$21.1M
$136.1M
Q3 24
$-6.2M
$138.0M
Q2 24
$-14.0M
$139.6M
Gross Margin
ASTE
ASTE
CBSH
CBSH
Q1 26
Q4 25
27.3%
Q3 25
24.1%
Q2 25
26.7%
Q1 25
28.1%
Q4 24
28.7%
Q3 24
22.9%
Q2 24
23.5%
Operating Margin
ASTE
ASTE
CBSH
CBSH
Q1 26
Q4 25
5.7%
40.8%
Q3 25
0.3%
41.9%
Q2 25
6.5%
44.0%
Q1 25
6.2%
39.2%
Q4 24
9.7%
41.2%
Q3 24
-2.5%
42.4%
Q2 24
-3.1%
43.4%
Net Margin
ASTE
ASTE
CBSH
CBSH
Q1 26
29.8%
Q4 25
3.0%
31.3%
Q3 25
-1.2%
32.1%
Q2 25
5.1%
34.2%
Q1 25
4.3%
30.7%
Q4 24
5.9%
32.2%
Q3 24
-2.1%
32.8%
Q2 24
-4.1%
33.7%
EPS (diluted)
ASTE
ASTE
CBSH
CBSH
Q1 26
$0.96
Q4 25
$0.52
$0.86
Q3 25
$-0.18
$1.06
Q2 25
$0.72
$1.14
Q1 25
$0.62
$0.98
Q4 24
$0.92
$0.83
Q3 24
$-0.27
$1.01
Q2 24
$-0.61
$1.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASTE
ASTE
CBSH
CBSH
Cash + ST InvestmentsLiquidity on hand
$74.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$681.7M
$4.3B
Total Assets
$1.4B
$35.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASTE
ASTE
CBSH
CBSH
Q1 26
Q4 25
$74.1M
Q3 25
$71.8M
Q2 25
$91.6M
Q1 25
$95.4M
Q4 24
$93.8M
Q3 24
$58.9M
Q2 24
$68.4M
Stockholders' Equity
ASTE
ASTE
CBSH
CBSH
Q1 26
$4.3B
Q4 25
$681.7M
$3.8B
Q3 25
$668.9M
$3.8B
Q2 25
$674.9M
$3.6B
Q1 25
$653.2M
$3.5B
Q4 24
$637.8M
$3.3B
Q3 24
$631.4M
$3.4B
Q2 24
$633.3M
$3.1B
Total Assets
ASTE
ASTE
CBSH
CBSH
Q1 26
$35.7B
Q4 25
$1.4B
$32.9B
Q3 25
$1.3B
$32.3B
Q2 25
$1.1B
$32.3B
Q1 25
$1.1B
$32.4B
Q4 24
$1.0B
$32.0B
Q3 24
$1.1B
$31.5B
Q2 24
$1.1B
$30.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASTE
ASTE
CBSH
CBSH
Operating Cash FlowLast quarter
$36.1M
Free Cash FlowOCF − Capex
$7.4M
FCF MarginFCF / Revenue
1.8%
Capex IntensityCapex / Revenue
7.2%
Cash ConversionOCF / Net Profit
3.01×
TTM Free Cash FlowTrailing 4 quarters
$20.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASTE
ASTE
CBSH
CBSH
Q1 26
Q4 25
$36.1M
$645.1M
Q3 25
$-8.1M
$129.0M
Q2 25
$12.9M
$111.2M
Q1 25
$20.5M
$138.6M
Q4 24
$36.6M
$577.9M
Q3 24
$22.5M
$431.7M
Q2 24
$10.9M
$147.4M
Free Cash Flow
ASTE
ASTE
CBSH
CBSH
Q1 26
Q4 25
$7.4M
$592.4M
Q3 25
$-12.3M
$113.3M
Q2 25
$9.0M
$100.5M
Q1 25
$16.6M
$126.0M
Q4 24
$32.1M
$531.7M
Q3 24
$19.9M
$419.1M
Q2 24
$3.3M
$138.9M
FCF Margin
ASTE
ASTE
CBSH
CBSH
Q1 26
Q4 25
1.8%
131.8%
Q3 25
-3.5%
25.7%
Q2 25
2.7%
22.5%
Q1 25
5.0%
29.4%
Q4 24
8.9%
126.0%
Q3 24
6.8%
99.5%
Q2 24
1.0%
33.5%
Capex Intensity
ASTE
ASTE
CBSH
CBSH
Q1 26
Q4 25
7.2%
11.7%
Q3 25
1.2%
3.6%
Q2 25
1.2%
2.4%
Q1 25
1.2%
2.9%
Q4 24
1.3%
10.9%
Q3 24
0.9%
3.0%
Q2 24
2.2%
2.1%
Cash Conversion
ASTE
ASTE
CBSH
CBSH
Q1 26
Q4 25
3.01×
4.59×
Q3 25
0.91×
Q2 25
0.77×
0.73×
Q1 25
1.43×
1.05×
Q4 24
1.73×
4.25×
Q3 24
3.13×
Q2 24
1.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASTE
ASTE

Infrastructure Group$208.7M52%
Material Solutions$105.3M26%
Parts And Component Sales$58.3M15%
Other$15.3M4%
Service And Equipment Installation Revenue$6.9M2%
Cargo And Freight$6.1M2%

CBSH
CBSH

Segment breakdown not available.

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