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

ASTEC INDUSTRIES INC is the larger business by last-quarter revenue ($400.6M vs $371.5M, roughly 1.1× MASIMO CORP). ASTEC INDUSTRIES INC runs the higher net margin — 3.0% vs -27.0%, a 30.0% gap on every dollar of revenue. On growth, ASTEC INDUSTRIES INC posted the faster year-over-year revenue change (11.6% vs -26.4%). MASIMO CORP produced more free cash flow last quarter ($50.9M vs $7.4M). Over the past eight quarters, ASTEC INDUSTRIES INC's revenue compounded faster (13.8% CAGR vs -17.7%).

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.

Masimo Corporation is an American health technology and consumer electronics company headquartered in Irvine, California. The company develops patient monitoring devices, non-invasive sensors, and related software platforms used in hospital and home settings. Masimo has also operated in the consumer audio and wearable device markets.

ASTE vs MASI — Head-to-Head

Bigger by revenue
ASTE
ASTE
1.1× larger
ASTE
$400.6M
$371.5M
MASI
Growing faster (revenue YoY)
ASTE
ASTE
+38.0% gap
ASTE
11.6%
-26.4%
MASI
Higher net margin
ASTE
ASTE
30.0% more per $
ASTE
3.0%
-27.0%
MASI
More free cash flow
MASI
MASI
$43.5M more FCF
MASI
$50.9M
$7.4M
ASTE
Faster 2-yr revenue CAGR
ASTE
ASTE
Annualised
ASTE
13.8%
-17.7%
MASI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ASTE
ASTE
MASI
MASI
Revenue
$400.6M
$371.5M
Net Profit
$12.0M
$-100.4M
Gross Margin
27.3%
62.1%
Operating Margin
5.7%
22.5%
Net Margin
3.0%
-27.0%
Revenue YoY
11.6%
-26.4%
Net Profit YoY
-43.1%
-1124.5%
EPS (diluted)
$0.52
$-1.84

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
MASI
MASI
Q4 25
$400.6M
Q3 25
$350.1M
$371.5M
Q2 25
$330.3M
$370.9M
Q1 25
$329.4M
$372.0M
Q4 24
$359.0M
$600.7M
Q3 24
$291.4M
$504.6M
Q2 24
$345.5M
$496.3M
Q1 24
$309.2M
$492.8M
Net Profit
ASTE
ASTE
MASI
MASI
Q4 25
$12.0M
Q3 25
$-4.2M
$-100.4M
Q2 25
$16.7M
$51.3M
Q1 25
$14.3M
$-170.7M
Q4 24
$21.1M
$-349.6M
Q3 24
$-6.2M
$9.8M
Q2 24
$-14.0M
$16.0M
Q1 24
$3.4M
$18.9M
Gross Margin
ASTE
ASTE
MASI
MASI
Q4 25
27.3%
Q3 25
24.1%
62.1%
Q2 25
26.7%
62.9%
Q1 25
28.1%
62.9%
Q4 24
28.7%
40.7%
Q3 24
22.9%
52.2%
Q2 24
23.5%
51.3%
Q1 24
24.9%
49.0%
Operating Margin
ASTE
ASTE
MASI
MASI
Q4 25
5.7%
Q3 25
0.3%
22.5%
Q2 25
6.5%
17.4%
Q1 25
6.2%
21.0%
Q4 24
9.7%
-59.8%
Q3 24
-2.5%
6.0%
Q2 24
-3.1%
5.7%
Q1 24
2.0%
6.9%
Net Margin
ASTE
ASTE
MASI
MASI
Q4 25
3.0%
Q3 25
-1.2%
-27.0%
Q2 25
5.1%
13.8%
Q1 25
4.3%
-45.9%
Q4 24
5.9%
-58.2%
Q3 24
-2.1%
1.9%
Q2 24
-4.1%
3.2%
Q1 24
1.1%
3.8%
EPS (diluted)
ASTE
ASTE
MASI
MASI
Q4 25
$0.52
Q3 25
$-0.18
$-1.84
Q2 25
$0.72
$0.94
Q1 25
$0.62
$-3.12
Q4 24
$0.92
$-6.54
Q3 24
$-0.27
$0.18
Q2 24
$-0.61
$0.29
Q1 24
$0.15
$0.35

Balance Sheet & Financial Strength

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

Metric
ASTE
ASTE
MASI
MASI
Cash + ST InvestmentsLiquidity on hand
$74.1M
$312.3M
Total DebtLower is stronger
$559.1M
Stockholders' EquityBook value
$681.7M
$810.0M
Total Assets
$1.4B
$1.8B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASTE
ASTE
MASI
MASI
Q4 25
$74.1M
Q3 25
$71.8M
$312.3M
Q2 25
$91.6M
$149.6M
Q1 25
$95.4M
$130.8M
Q4 24
$93.8M
$177.6M
Q3 24
$58.9M
$158.5M
Q2 24
$68.4M
$129.6M
Q1 24
$63.8M
$157.6M
Total Debt
ASTE
ASTE
MASI
MASI
Q4 25
Q3 25
$559.1M
Q2 25
$613.7M
Q1 25
$651.0M
Q4 24
$765.2M
Q3 24
$772.6M
Q2 24
$781.6M
Q1 24
$876.0M
Stockholders' Equity
ASTE
ASTE
MASI
MASI
Q4 25
$681.7M
Q3 25
$668.9M
$810.0M
Q2 25
$674.9M
$1.0B
Q1 25
$653.2M
$946.4M
Q4 24
$637.8M
$1.1B
Q3 24
$631.4M
$1.5B
Q2 24
$633.3M
$1.4B
Q1 24
$650.3M
$1.4B
Total Assets
ASTE
ASTE
MASI
MASI
Q4 25
$1.4B
Q3 25
$1.3B
$1.8B
Q2 25
$1.1B
$2.4B
Q1 25
$1.1B
$2.3B
Q4 24
$1.0B
$2.6B
Q3 24
$1.1B
$3.1B
Q2 24
$1.1B
$2.9B
Q1 24
$1.1B
$3.0B
Debt / Equity
ASTE
ASTE
MASI
MASI
Q4 25
Q3 25
0.69×
Q2 25
0.59×
Q1 25
0.69×
Q4 24
0.73×
Q3 24
0.53×
Q2 24
0.57×
Q1 24
0.64×

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
MASI
MASI
Operating Cash FlowLast quarter
$36.1M
$56.8M
Free Cash FlowOCF − Capex
$7.4M
$50.9M
FCF MarginFCF / Revenue
1.8%
13.7%
Capex IntensityCapex / Revenue
7.2%
1.6%
Cash ConversionOCF / Net Profit
3.01×
TTM Free Cash FlowTrailing 4 quarters
$20.7M
$191.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASTE
ASTE
MASI
MASI
Q4 25
$36.1M
Q3 25
$-8.1M
$56.8M
Q2 25
$12.9M
$69.4M
Q1 25
$20.5M
$31.1M
Q4 24
$36.6M
$50.5M
Q3 24
$22.5M
$25.6M
Q2 24
$10.9M
$74.5M
Q1 24
$-47.0M
$45.8M
Free Cash Flow
ASTE
ASTE
MASI
MASI
Q4 25
$7.4M
Q3 25
$-12.3M
$50.9M
Q2 25
$9.0M
$65.6M
Q1 25
$16.6M
$28.5M
Q4 24
$32.1M
$46.0M
Q3 24
$19.9M
$16.9M
Q2 24
$3.3M
$66.9M
Q1 24
$-52.8M
$37.6M
FCF Margin
ASTE
ASTE
MASI
MASI
Q4 25
1.8%
Q3 25
-3.5%
13.7%
Q2 25
2.7%
17.7%
Q1 25
5.0%
7.7%
Q4 24
8.9%
7.7%
Q3 24
6.8%
3.3%
Q2 24
1.0%
13.5%
Q1 24
-17.1%
7.6%
Capex Intensity
ASTE
ASTE
MASI
MASI
Q4 25
7.2%
Q3 25
1.2%
1.6%
Q2 25
1.2%
1.0%
Q1 25
1.2%
0.7%
Q4 24
1.3%
0.7%
Q3 24
0.9%
1.7%
Q2 24
2.2%
1.5%
Q1 24
1.9%
1.7%
Cash Conversion
ASTE
ASTE
MASI
MASI
Q4 25
3.01×
Q3 25
Q2 25
0.77×
1.35×
Q1 25
1.43×
Q4 24
1.73×
Q3 24
2.61×
Q2 24
4.66×
Q1 24
-13.82×
2.42×

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%

MASI
MASI

Segment breakdown not available.

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