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Side-by-side financial comparison of ASTRONICS CORP (ATRO) and TREX CO INC (TREX). Click either name above to swap in a different company.
ASTRONICS CORP is the larger business by last-quarter revenue ($240.1M vs $161.1M, roughly 1.5× TREX CO INC). On growth, ASTRONICS CORP posted the faster year-over-year revenue change (15.1% vs -3.9%). TREX CO INC produced more free cash flow last quarter ($22.1M vs $15.8M). Over the past eight quarters, ASTRONICS CORP's revenue compounded faster (13.9% CAGR vs -34.3%).
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.
Trex Company, Inc. is a manufacturer of wood-alternative composite decking, residential railing, and other outdoor items made from recycled materials. Its headquarters is in Winchester, Virginia.
ATRO vs TREX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $240.1M | $161.1M |
| Net Profit | — | $2.3M |
| Gross Margin | 33.3% | 30.2% |
| Operating Margin | 14.8% | 2.2% |
| Net Margin | — | 1.4% |
| Revenue YoY | 15.1% | -3.9% |
| Net Profit YoY | — | -76.4% |
| EPS (diluted) | $0.82 | $0.03 |
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 | $161.1M | ||
| Q3 25 | $211.4M | $285.3M | ||
| Q2 25 | $204.7M | $387.8M | ||
| Q1 25 | $205.9M | $340.0M | ||
| Q4 24 | $208.5M | $167.6M | ||
| Q3 24 | $203.7M | $233.7M | ||
| Q2 24 | $198.1M | $376.5M | ||
| Q1 24 | $185.1M | $373.6M |
| Q4 25 | — | $2.3M | ||
| Q3 25 | $-11.1M | $51.8M | ||
| Q2 25 | $1.3M | $75.9M | ||
| Q1 25 | $9.5M | $60.4M | ||
| Q4 24 | — | $9.8M | ||
| Q3 24 | $-11.7M | $40.6M | ||
| Q2 24 | $1.5M | $87.0M | ||
| Q1 24 | $-3.2M | $89.1M |
| Q4 25 | 33.3% | 30.2% | ||
| Q3 25 | 30.5% | 40.5% | ||
| Q2 25 | 25.8% | 40.8% | ||
| Q1 25 | 29.5% | 40.5% | ||
| Q4 24 | 29.8% | 32.7% | ||
| Q3 24 | 27.1% | 39.9% | ||
| Q2 24 | 28.0% | 44.7% | ||
| Q1 24 | 25.7% | 45.4% |
| Q4 25 | 14.8% | 2.2% | ||
| Q3 25 | 10.9% | 24.7% | ||
| Q2 25 | 2.3% | 26.4% | ||
| Q1 25 | 6.4% | 24.0% | ||
| Q4 24 | 4.3% | 9.2% | ||
| Q3 24 | 4.1% | 23.2% | ||
| Q2 24 | 3.8% | 31.1% | ||
| Q1 24 | 0.9% | 31.9% |
| Q4 25 | — | 1.4% | ||
| Q3 25 | -5.2% | 18.1% | ||
| Q2 25 | 0.6% | 19.6% | ||
| Q1 25 | 4.6% | 17.8% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | -5.8% | 17.4% | ||
| Q2 24 | 0.8% | 23.1% | ||
| Q1 24 | -1.7% | 23.8% |
| Q4 25 | $0.82 | $0.03 | ||
| Q3 25 | $-0.31 | $0.48 | ||
| Q2 25 | $0.04 | $0.71 | ||
| Q1 25 | $0.26 | $0.56 | ||
| Q4 24 | $-0.07 | $0.10 | ||
| Q3 24 | $-0.34 | $0.37 | ||
| Q2 24 | $0.04 | $0.80 | ||
| Q1 24 | $-0.09 | $0.82 |
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 | $3.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $140.1M | $1.0B |
| Total Assets | $706.7M | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.2M | $3.8M | ||
| Q3 25 | $13.5M | $11.4M | ||
| Q2 25 | $13.5M | $5.5M | ||
| Q1 25 | $24.8M | $5.0M | ||
| Q4 24 | $9.3M | $1.3M | ||
| Q3 24 | $5.2M | $12.8M | ||
| Q2 24 | $2.9M | $1.2M | ||
| Q1 24 | $5.3M | $3.1M |
| Q4 25 | $140.1M | $1.0B | ||
| Q3 25 | $108.9M | $1.0B | ||
| Q2 25 | $271.6M | $989.3M | ||
| Q1 25 | $266.8M | $910.1M | ||
| Q4 24 | $256.1M | $850.1M | ||
| Q3 24 | $249.2M | $887.9M | ||
| Q2 24 | $257.9M | $894.9M | ||
| Q1 24 | $251.7M | $804.1M |
| Q4 25 | $706.7M | $1.5B | ||
| Q3 25 | $682.2M | $1.5B | ||
| Q2 25 | $646.7M | $1.5B | ||
| Q1 25 | $662.2M | $1.6B | ||
| Q4 24 | $648.8M | $1.3B | ||
| Q3 24 | $651.6M | $1.3B | ||
| Q2 24 | $644.9M | $1.3B | ||
| Q1 24 | $630.0M | $1.3B |
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 | $65.5M |
| Free Cash FlowOCF − Capex | $15.8M | $22.1M |
| FCF MarginFCF / Revenue | 6.6% | 13.7% |
| Capex IntensityCapex / Revenue | 4.9% | 26.9% |
| Cash ConversionOCF / Net Profit | — | 28.45× |
| TTM Free Cash FlowTrailing 4 quarters | $43.1M | $134.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.6M | $65.5M | ||
| Q3 25 | $34.2M | $196.9M | ||
| Q2 25 | $-7.6M | $249.8M | ||
| Q1 25 | $20.6M | $-154.0M | ||
| Q4 24 | $26.4M | $-8.5M | ||
| Q3 24 | $8.4M | $132.8M | ||
| Q2 24 | $-6.3M | $193.7M | ||
| Q1 24 | $2.0M | $-174.0M |
| Q4 25 | $15.8M | $22.1M | ||
| Q3 25 | $21.0M | $142.9M | ||
| Q2 25 | $-12.2M | $203.0M | ||
| Q1 25 | $18.5M | $-233.5M | ||
| Q4 24 | $23.2M | $-89.3M | ||
| Q3 24 | $6.5M | $54.5M | ||
| Q2 24 | $-8.1M | $158.2M | ||
| Q1 24 | $439.0K | $-211.8M |
| Q4 25 | 6.6% | 13.7% | ||
| Q3 25 | 9.9% | 50.1% | ||
| Q2 25 | -6.0% | 52.3% | ||
| Q1 25 | 9.0% | -68.7% | ||
| Q4 24 | 11.1% | -53.3% | ||
| Q3 24 | 3.2% | 23.3% | ||
| Q2 24 | -4.1% | 42.0% | ||
| Q1 24 | 0.2% | -56.7% |
| Q4 25 | 4.9% | 26.9% | ||
| Q3 25 | 6.2% | 18.9% | ||
| Q2 25 | 2.2% | 12.1% | ||
| Q1 25 | 1.0% | 23.4% | ||
| Q4 24 | 1.5% | 48.2% | ||
| Q3 24 | 0.9% | 33.5% | ||
| Q2 24 | 0.9% | 9.4% | ||
| Q1 24 | 0.9% | 10.1% |
| Q4 25 | — | 28.45× | ||
| Q3 25 | — | 3.80× | ||
| Q2 25 | -5.81× | 3.29× | ||
| Q1 25 | 2.17× | -2.55× | ||
| Q4 24 | — | -0.87× | ||
| Q3 24 | — | 3.27× | ||
| Q2 24 | -4.08× | 2.23× | ||
| Q1 24 | — | -1.95× |
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% |
TREX
Segment breakdown not available.
