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Side-by-side financial comparison of ASTRONICS CORP (ATRO) and Forestar Group Inc. (FOR). Click either name above to swap in a different company.
Forestar Group Inc. is the larger business by last-quarter revenue ($273.0M vs $240.1M, roughly 1.1× ASTRONICS CORP). On growth, ASTRONICS CORP posted the faster year-over-year revenue change (15.1% vs 9.0%). ASTRONICS CORP produced more free cash flow last quarter ($15.8M vs $-157.1M). Over the past eight quarters, ASTRONICS CORP's revenue compounded faster (13.9% CAGR vs -9.6%).
Astronics Corporation is an American aerospace electronics corporation founded in 1968, headquartered in East Aurora, New York. It is traded on NASDAQ as Nasdaq: ATRO. It is known for lighting and electronics integrations on military, commercial, and business aircraft and semiconductor test systems.
Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...
ATRO vs FOR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $240.1M | $273.0M |
| Net Profit | — | $15.4M |
| Gross Margin | 33.3% | 20.1% |
| Operating Margin | 14.8% | 7.6% |
| Net Margin | — | 5.6% |
| Revenue YoY | 15.1% | 9.0% |
| Net Profit YoY | — | -6.7% |
| EPS (diluted) | $0.82 | $0.30 |
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.
| Q4 25 | $240.1M | $273.0M | ||
| Q3 25 | $211.4M | $670.5M | ||
| Q2 25 | $204.7M | $390.5M | ||
| Q1 25 | $205.9M | $351.0M | ||
| Q4 24 | $208.5M | $250.4M | ||
| Q3 24 | $203.7M | $551.3M | ||
| Q2 24 | $198.1M | $318.4M | ||
| Q1 24 | $185.1M | $333.8M |
| Q4 25 | — | $15.4M | ||
| Q3 25 | $-11.1M | $86.9M | ||
| Q2 25 | $1.3M | $32.9M | ||
| Q1 25 | $9.5M | $31.6M | ||
| Q4 24 | — | $16.5M | ||
| Q3 24 | $-11.7M | $81.5M | ||
| Q2 24 | $1.5M | $38.7M | ||
| Q1 24 | $-3.2M | $45.0M |
| Q4 25 | 33.3% | 20.1% | ||
| Q3 25 | 30.5% | 22.3% | ||
| Q2 25 | 25.8% | 20.4% | ||
| Q1 25 | 29.5% | 22.6% | ||
| Q4 24 | 29.8% | 22.0% | ||
| Q3 24 | 27.1% | 23.9% | ||
| Q2 24 | 28.0% | 22.5% | ||
| Q1 24 | 25.7% | 24.9% |
| Q4 25 | 14.8% | 7.6% | ||
| Q3 25 | 10.9% | 16.9% | ||
| Q2 25 | 2.3% | 11.2% | ||
| Q1 25 | 6.4% | 11.6% | ||
| Q4 24 | 4.3% | 8.7% | ||
| Q3 24 | 4.1% | 19.7% | ||
| Q2 24 | 3.8% | 16.2% | ||
| Q1 24 | 0.9% | 17.6% |
| Q4 25 | — | 5.6% | ||
| Q3 25 | -5.2% | 13.0% | ||
| Q2 25 | 0.6% | 8.4% | ||
| Q1 25 | 4.6% | 9.0% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | -5.8% | 14.8% | ||
| Q2 24 | 0.8% | 12.2% | ||
| Q1 24 | -1.7% | 13.5% |
| Q4 25 | $0.82 | $0.30 | ||
| Q3 25 | $-0.31 | $1.70 | ||
| Q2 25 | $0.04 | $0.65 | ||
| Q1 25 | $0.26 | $0.62 | ||
| Q4 24 | $-0.07 | $0.32 | ||
| Q3 24 | $-0.34 | $1.59 | ||
| Q2 24 | $0.04 | $0.76 | ||
| Q1 24 | $-0.09 | $0.89 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.2M | $211.7M |
| Total DebtLower is stronger | — | $793.2M |
| Stockholders' EquityBook value | $140.1M | $1.8B |
| Total Assets | $706.7M | $3.2B |
| Debt / EquityLower = less leverage | — | 0.44× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.2M | $211.7M | ||
| Q3 25 | $13.5M | $379.2M | ||
| Q2 25 | $13.5M | $189.2M | ||
| Q1 25 | $24.8M | $174.3M | ||
| Q4 24 | $9.3M | $132.0M | ||
| Q3 24 | $5.2M | $481.2M | ||
| Q2 24 | $2.9M | $359.2M | ||
| Q1 24 | $5.3M | $416.2M |
| Q4 25 | — | $793.2M | ||
| Q3 25 | — | $802.7M | ||
| Q2 25 | — | $872.8M | ||
| Q1 25 | — | $872.5M | ||
| Q4 24 | — | $806.8M | ||
| Q3 24 | — | $706.4M | ||
| Q2 24 | — | $706.1M | ||
| Q1 24 | — | $705.7M |
| Q4 25 | $140.1M | $1.8B | ||
| Q3 25 | $108.9M | $1.8B | ||
| Q2 25 | $271.6M | $1.7B | ||
| Q1 25 | $266.8M | $1.6B | ||
| Q4 24 | $256.1M | $1.6B | ||
| Q3 24 | $249.2M | $1.6B | ||
| Q2 24 | $257.9M | $1.5B | ||
| Q1 24 | $251.7M | $1.5B |
| Q4 25 | $706.7M | $3.2B | ||
| Q3 25 | $682.2M | $3.1B | ||
| Q2 25 | $646.7M | $3.1B | ||
| Q1 25 | $662.2M | $3.0B | ||
| Q4 24 | $648.8M | $3.0B | ||
| Q3 24 | $651.6M | $2.8B | ||
| Q2 24 | $644.9M | $2.7B | ||
| Q1 24 | $630.0M | $2.6B |
| Q4 25 | — | 0.44× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.48× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.6M | $-157.0M |
| Free Cash FlowOCF − Capex | $15.8M | $-157.1M |
| FCF MarginFCF / Revenue | 6.6% | -57.5% |
| Capex IntensityCapex / Revenue | 4.9% | 0.0% |
| Cash ConversionOCF / Net Profit | — | -10.19× |
| TTM Free Cash FlowTrailing 4 quarters | $43.1M | $93.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.6M | $-157.0M | ||
| Q3 25 | $34.2M | $256.3M | ||
| Q2 25 | $-7.6M | $15.8M | ||
| Q1 25 | $20.6M | $-19.8M | ||
| Q4 24 | $26.4M | $-450.0M | ||
| Q3 24 | $8.4M | $119.2M | ||
| Q2 24 | $-6.3M | $-61.7M | ||
| Q1 24 | $2.0M | $-59.2M |
| Q4 25 | $15.8M | $-157.1M | ||
| Q3 25 | $21.0M | $255.6M | ||
| Q2 25 | $-12.2M | $15.0M | ||
| Q1 25 | $18.5M | $-20.5M | ||
| Q4 24 | $23.2M | — | ||
| Q3 24 | $6.5M | $118.4M | ||
| Q2 24 | $-8.1M | $-62.3M | ||
| Q1 24 | $439.0K | $-59.8M |
| Q4 25 | 6.6% | -57.5% | ||
| Q3 25 | 9.9% | 38.1% | ||
| Q2 25 | -6.0% | 3.8% | ||
| Q1 25 | 9.0% | -5.8% | ||
| Q4 24 | 11.1% | — | ||
| Q3 24 | 3.2% | 21.5% | ||
| Q2 24 | -4.1% | -19.6% | ||
| Q1 24 | 0.2% | -17.9% |
| Q4 25 | 4.9% | 0.0% | ||
| Q3 25 | 6.2% | 0.1% | ||
| Q2 25 | 2.2% | 0.2% | ||
| Q1 25 | 1.0% | 0.2% | ||
| Q4 24 | 1.5% | 0.0% | ||
| Q3 24 | 0.9% | 0.1% | ||
| Q2 24 | 0.9% | 0.2% | ||
| Q1 24 | 0.9% | 0.2% |
| Q4 25 | — | -10.19× | ||
| Q3 25 | — | 2.95× | ||
| Q2 25 | -5.81× | 0.48× | ||
| Q1 25 | 2.17× | -0.63× | ||
| Q4 24 | — | -27.27× | ||
| Q3 24 | — | 1.46× | ||
| Q2 24 | -4.08× | -1.59× | ||
| Q1 24 | — | -1.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATRO
| Product Line Electrical Power And Motion | $113.8M | 47% |
| Product Line Avionics | $32.0M | 13% |
| Military Aircraft | $28.0M | 12% |
| General Aviation | $22.3M | 9% |
| Government And Defense | $20.5M | 9% |
| Product Line Systems Certification | $13.2M | 6% |
| Product Line Structures | $3.7M | 2% |
| Product Line Other | $2.3M | 1% |
FOR
| D.R.Horton Inc. | $183.8M | 67% |
| Other | $89.2M | 33% |
