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Side-by-side financial comparison of ASTRONICS CORP (ATRO) and Perella Weinberg Partners (PWP). Click either name above to swap in a different company.
ASTRONICS CORP is the larger business by last-quarter revenue ($240.1M vs $219.2M, roughly 1.1× Perella Weinberg Partners). On growth, ASTRONICS CORP posted the faster year-over-year revenue change (15.1% vs -2.9%). Perella Weinberg Partners produced more free cash flow last quarter ($30.5M vs $15.8M). Over the past eight quarters, Perella Weinberg Partners's revenue compounded faster (46.5% 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.
PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.
ATRO vs PWP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $240.1M | $219.2M |
| Net Profit | — | $13.8M |
| Gross Margin | 33.3% | — |
| Operating Margin | 14.8% | 8.5% |
| Net Margin | — | 6.3% |
| Revenue YoY | 15.1% | -2.9% |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.82 | $0.11 |
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 | $219.2M | ||
| Q3 25 | $211.4M | $164.6M | ||
| Q2 25 | $204.7M | $155.3M | ||
| Q1 25 | $205.9M | $211.8M | ||
| Q4 24 | $208.5M | $225.7M | ||
| Q3 24 | $203.7M | $278.2M | ||
| Q2 24 | $198.1M | $272.0M | ||
| Q1 24 | $185.1M | $102.1M |
| Q4 25 | — | $13.8M | ||
| Q3 25 | $-11.1M | $6.0M | ||
| Q2 25 | $1.3M | $2.7M | ||
| Q1 25 | $9.5M | $17.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-11.7M | $16.4M | ||
| Q2 24 | $1.5M | $-66.0M | ||
| Q1 24 | $-3.2M | $-35.8M |
| 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% | — |
| Q4 25 | 14.8% | 8.5% | ||
| Q3 25 | 10.9% | 5.4% | ||
| Q2 25 | 2.3% | 5.8% | ||
| Q1 25 | 6.4% | 5.5% | ||
| Q4 24 | 4.3% | — | ||
| Q3 24 | 4.1% | 12.9% | ||
| Q2 24 | 3.8% | -30.2% | ||
| Q1 24 | 0.9% | -52.4% |
| Q4 25 | — | 6.3% | ||
| Q3 25 | -5.2% | 3.6% | ||
| Q2 25 | 0.6% | 1.8% | ||
| Q1 25 | 4.6% | 8.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | -5.8% | 5.9% | ||
| Q2 24 | 0.8% | -24.3% | ||
| Q1 24 | -1.7% | -35.1% |
| Q4 25 | $0.82 | $0.11 | ||
| Q3 25 | $-0.31 | $0.08 | ||
| Q2 25 | $0.04 | $0.04 | ||
| Q1 25 | $0.26 | $0.24 | ||
| Q4 24 | $-0.07 | — | ||
| Q3 24 | $-0.34 | $0.24 | ||
| Q2 24 | $0.04 | $-1.21 | ||
| Q1 24 | $-0.09 | $-0.91 |
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 | $255.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $140.1M | $-127.4M |
| Total Assets | $706.7M | $797.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.2M | $255.9M | ||
| Q3 25 | $13.5M | $185.5M | ||
| Q2 25 | $13.5M | $145.0M | ||
| Q1 25 | $24.8M | $111.2M | ||
| Q4 24 | $9.3M | $407.4M | ||
| Q3 24 | $5.2M | $335.1M | ||
| Q2 24 | $2.9M | $185.3M | ||
| Q1 24 | $5.3M | $156.7M |
| Q4 25 | $140.1M | $-127.4M | ||
| Q3 25 | $108.9M | $-302.4M | ||
| Q2 25 | $271.6M | $-318.4M | ||
| Q1 25 | $266.8M | $-323.1M | ||
| Q4 24 | $256.1M | $-421.4M | ||
| Q3 24 | $249.2M | $-360.8M | ||
| Q2 24 | $257.9M | $-283.0M | ||
| Q1 24 | $251.7M | $161.9M |
| Q4 25 | $706.7M | $797.6M | ||
| Q3 25 | $682.2M | $650.2M | ||
| Q2 25 | $646.7M | $606.7M | ||
| Q1 25 | $662.2M | $570.5M | ||
| Q4 24 | $648.8M | $876.8M | ||
| Q3 24 | $651.6M | $810.9M | ||
| Q2 24 | $644.9M | $645.5M | ||
| Q1 24 | $630.0M | $583.6M |
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 | $34.8M |
| Free Cash FlowOCF − Capex | $15.8M | $30.5M |
| FCF MarginFCF / Revenue | 6.6% | 13.9% |
| Capex IntensityCapex / Revenue | 4.9% | 2.0% |
| Cash ConversionOCF / Net Profit | — | 2.52× |
| TTM Free Cash FlowTrailing 4 quarters | $43.1M | $-34.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.6M | $34.8M | ||
| Q3 25 | $34.2M | $59.2M | ||
| Q2 25 | $-7.6M | $56.1M | ||
| Q1 25 | $20.6M | $-176.5M | ||
| Q4 24 | $26.4M | $223.4M | ||
| Q3 24 | $8.4M | $200.3M | ||
| Q2 24 | $-6.3M | $90.0M | ||
| Q1 24 | $2.0M | $-206.3M |
| Q4 25 | $15.8M | $30.5M | ||
| Q3 25 | $21.0M | $57.6M | ||
| Q2 25 | $-12.2M | $55.3M | ||
| Q1 25 | $18.5M | $-177.6M | ||
| Q4 24 | $23.2M | $207.0M | ||
| Q3 24 | $6.5M | $199.3M | ||
| Q2 24 | $-8.1M | $83.7M | ||
| Q1 24 | $439.0K | $-214.8M |
| Q4 25 | 6.6% | 13.9% | ||
| Q3 25 | 9.9% | 35.0% | ||
| Q2 25 | -6.0% | 35.6% | ||
| Q1 25 | 9.0% | -83.8% | ||
| Q4 24 | 11.1% | 91.7% | ||
| Q3 24 | 3.2% | 71.6% | ||
| Q2 24 | -4.1% | 30.8% | ||
| Q1 24 | 0.2% | -210.3% |
| Q4 25 | 4.9% | 2.0% | ||
| Q3 25 | 6.2% | 0.9% | ||
| Q2 25 | 2.2% | 0.5% | ||
| Q1 25 | 1.0% | 0.5% | ||
| Q4 24 | 1.5% | 7.3% | ||
| Q3 24 | 0.9% | 0.4% | ||
| Q2 24 | 0.9% | 2.3% | ||
| Q1 24 | 0.9% | 8.3% |
| Q4 25 | — | 2.52× | ||
| Q3 25 | — | 9.85× | ||
| Q2 25 | -5.81× | 20.50× | ||
| Q1 25 | 2.17× | -10.18× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 12.23× | ||
| Q2 24 | -4.08× | — | ||
| Q1 24 | — | — |
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% |
PWP
Segment breakdown not available.
