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Side-by-side financial comparison of ASTRONICS CORP (ATRO) and Mechanics Bancorp (MCHB). Click either name above to swap in a different company.

Mechanics Bancorp is the larger business by last-quarter revenue ($458.8M vs $240.1M, roughly 1.9× ASTRONICS CORP). Mechanics Bancorp produced more free cash flow last quarter ($187.1M vs $15.8M). Over the past eight quarters, Mechanics Bancorp's revenue compounded faster (232.1% CAGR vs 13.9%).

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.

Mechanics Bancorp is a U.S.-headquartered bank holding company operating Mechanics Bank as its core subsidiary. It offers retail banking, commercial banking, and wealth management services including deposits, loans, and investment advisory, primarily serving consumers and small-to-medium enterprises across California.

ATRO vs MCHB — Head-to-Head

Bigger by revenue
MCHB
MCHB
1.9× larger
MCHB
$458.8M
$240.1M
ATRO
More free cash flow
MCHB
MCHB
$171.3M more FCF
MCHB
$187.1M
$15.8M
ATRO
Faster 2-yr revenue CAGR
MCHB
MCHB
Annualised
MCHB
232.1%
13.9%
ATRO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ATRO
ATRO
MCHB
MCHB
Revenue
$240.1M
$458.8M
Net Profit
Gross Margin
33.3%
Operating Margin
14.8%
Net Margin
Revenue YoY
15.1%
Net Profit YoY
EPS (diluted)
$0.82

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
ATRO
ATRO
MCHB
MCHB
Q4 25
$240.1M
$458.8M
Q3 25
$211.4M
$255.4M
Q2 25
$204.7M
$49.0M
Q1 25
$205.9M
$45.4M
Q4 24
$208.5M
$29.6M
Q3 24
$203.7M
$147.9M
Q2 24
$198.1M
$42.9M
Q1 24
$185.1M
$41.6M
Net Profit
ATRO
ATRO
MCHB
MCHB
Q4 25
Q3 25
$-11.1M
$55.2M
Q2 25
$1.3M
$-4.4M
Q1 25
$9.5M
$-4.5M
Q4 24
$-123.3M
Q3 24
$-11.7M
$39.9M
Q2 24
$1.5M
$-6.2M
Q1 24
$-3.2M
$-7.5M
Gross Margin
ATRO
ATRO
MCHB
MCHB
Q4 25
33.3%
Q3 25
30.5%
Q2 25
25.8%
Q1 25
29.5%
Q4 24
29.8%
Q3 24
27.1%
Q2 24
28.0%
Q1 24
25.7%
Operating Margin
ATRO
ATRO
MCHB
MCHB
Q4 25
14.8%
Q3 25
10.9%
17.7%
Q2 25
2.3%
-9.8%
Q1 25
6.4%
-10.5%
Q4 24
4.3%
-312.2%
Q3 24
4.1%
37.5%
Q2 24
3.8%
-18.6%
Q1 24
0.9%
-25.4%
Net Margin
ATRO
ATRO
MCHB
MCHB
Q4 25
Q3 25
-5.2%
21.6%
Q2 25
0.6%
-9.0%
Q1 25
4.6%
-9.8%
Q4 24
-416.4%
Q3 24
-5.8%
27.0%
Q2 24
0.8%
-14.5%
Q1 24
-1.7%
-18.0%
EPS (diluted)
ATRO
ATRO
MCHB
MCHB
Q4 25
$0.82
Q3 25
$-0.31
$0.26
Q2 25
$0.04
$-0.23
Q1 25
$0.26
$-0.24
Q4 24
$-0.07
$-6.53
Q3 24
$-0.34
$0.20
Q2 24
$0.04
$-0.33
Q1 24
$-0.09
$-0.40

Balance Sheet & Financial Strength

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

Metric
ATRO
ATRO
MCHB
MCHB
Cash + ST InvestmentsLiquidity on hand
$18.2M
$1.0B
Total DebtLower is stronger
$192.0M
Stockholders' EquityBook value
$140.1M
$2.9B
Total Assets
$706.7M
$22.4B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATRO
ATRO
MCHB
MCHB
Q4 25
$18.2M
$1.0B
Q3 25
$13.5M
$1.4B
Q2 25
$13.5M
$201.1M
Q1 25
$24.8M
$252.2M
Q4 24
$9.3M
$999.7M
Q3 24
$5.2M
$205.9M
Q2 24
$2.9M
$218.7M
Q1 24
$5.3M
$320.3M
Total Debt
ATRO
ATRO
MCHB
MCHB
Q4 25
$192.0M
Q3 25
$190.1M
Q2 25
$225.3M
Q1 25
$225.2M
Q4 24
$0
Q3 24
$0
Q2 24
$224.9M
Q1 24
$224.9M
Stockholders' Equity
ATRO
ATRO
MCHB
MCHB
Q4 25
$140.1M
$2.9B
Q3 25
$108.9M
$2.8B
Q2 25
$271.6M
$2.4B
Q1 25
$266.8M
$400.8M
Q4 24
$256.1M
$2.3B
Q3 24
$249.2M
$2.3B
Q2 24
$257.9M
$2.2B
Q1 24
$251.7M
$527.3M
Total Assets
ATRO
ATRO
MCHB
MCHB
Q4 25
$706.7M
$22.4B
Q3 25
$682.2M
$22.7B
Q2 25
$646.7M
$7.6B
Q1 25
$662.2M
$7.8B
Q4 24
$648.8M
$16.5B
Q3 24
$651.6M
$9.2B
Q2 24
$644.9M
$9.3B
Q1 24
$630.0M
$9.5B
Debt / Equity
ATRO
ATRO
MCHB
MCHB
Q4 25
0.07×
Q3 25
0.07×
Q2 25
0.09×
Q1 25
0.56×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.10×
Q1 24
0.43×

Cash Flow & Capital Efficiency

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

Metric
ATRO
ATRO
MCHB
MCHB
Operating Cash FlowLast quarter
$27.6M
$193.6M
Free Cash FlowOCF − Capex
$15.8M
$187.1M
FCF MarginFCF / Revenue
6.6%
40.8%
Capex IntensityCapex / Revenue
4.9%
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$43.1M
$263.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATRO
ATRO
MCHB
MCHB
Q4 25
$27.6M
$193.6M
Q3 25
$34.2M
$112.0M
Q2 25
$-7.6M
$-9.8M
Q1 25
$20.6M
$-22.5M
Q4 24
$26.4M
$292.3M
Q3 24
$8.4M
$247.0M
Q2 24
$-6.3M
$-21.8M
Q1 24
$2.0M
$-7.8M
Free Cash Flow
ATRO
ATRO
MCHB
MCHB
Q4 25
$15.8M
$187.1M
Q3 25
$21.0M
$109.1M
Q2 25
$-12.2M
$-9.9M
Q1 25
$18.5M
$-22.6M
Q4 24
$23.2M
$285.9M
Q3 24
$6.5M
$244.5M
Q2 24
$-8.1M
$-22.0M
Q1 24
$439.0K
$-13.9M
FCF Margin
ATRO
ATRO
MCHB
MCHB
Q4 25
6.6%
40.8%
Q3 25
9.9%
42.7%
Q2 25
-6.0%
-20.2%
Q1 25
9.0%
-49.7%
Q4 24
11.1%
965.3%
Q3 24
3.2%
165.4%
Q2 24
-4.1%
-51.3%
Q1 24
0.2%
-33.4%
Capex Intensity
ATRO
ATRO
MCHB
MCHB
Q4 25
4.9%
1.4%
Q3 25
6.2%
1.1%
Q2 25
2.2%
0.2%
Q1 25
1.0%
0.1%
Q4 24
1.5%
21.5%
Q3 24
0.9%
1.7%
Q2 24
0.9%
0.7%
Q1 24
0.9%
14.6%
Cash Conversion
ATRO
ATRO
MCHB
MCHB
Q4 25
Q3 25
2.03×
Q2 25
-5.81×
Q1 25
2.17×
Q4 24
Q3 24
6.18×
Q2 24
-4.08×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ATRO
ATRO

Product Line Electrical Power And Motion$113.8M47%
Product Line Avionics$32.0M13%
Military Aircraft$28.0M12%
General Aviation$22.3M9%
Government And Defense$20.5M9%
Product Line Systems Certification$13.2M6%
Product Line Structures$3.7M2%
Product Line Other$2.3M1%

MCHB
MCHB

Segment breakdown not available.

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