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ASTRONICS CORP（ATRO）与INSTEEL INDUSTRIES INC（IIIN）财务数据对比。点击上方公司名可切换其他公司
ASTRONICS CORP的季度营收约是INSTEEL INDUSTRIES INC的1.5倍（$240.1M vs $159.9M），INSTEEL INDUSTRIES INC同比增速更快（23.3% vs 15.1%），ASTRONICS CORP自由现金流更多（$15.8M vs $-2.2M），过去两年ASTRONICS CORP的营收复合增速更高（13.9% vs 12.0%）
Astronics Corporation是一家成立于1968年的美国航空航天电子企业，总部位于纽约州东奥罗拉，在纳斯达克上市，股票代码为ATRO。该公司专注于军用、商用及公务机的照明与电子系统集成业务，同时还提供半导体测试系统，在相关领域拥有较高知名度。
Insteel Industries Inc是美国领先的钢材加固产品制造商，主营焊接钢筋网、工程结构网、钢纤维等产品，主要服务北美地区非住宅建筑、基础设施、预制混凝土构件等领域客户，提供高性能建筑加固解决方案。
ATRO vs IIIN — 直观对比
营收规模更大
ATRO
是对方的1.5倍
$159.9M
营收增速更快
IIIN
高出8.2%
15.1%
自由现金流更多
ATRO
多$18.0M
$-2.2M
两年增速更快
ATRO
近两年复合增速
12.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $240.1M | $159.9M |
| 净利润 | — | $7.6M |
| 毛利率 | 33.3% | 11.3% |
| 营业利润率 | 14.8% | 6.0% |
| 净利率 | — | 4.7% |
| 营收同比 | 15.1% | 23.3% |
| 净利润同比 | — | 602.4% |
| 每股收益（稀释后） | $0.82 | $0.39 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ATROIIIN
| Q4 25 | $240.1M | $159.9M | ||
| Q3 25 | $211.4M | $177.4M | ||
| Q2 25 | $204.7M | $179.9M | ||
| Q1 25 | $205.9M | $160.7M | ||
| Q4 24 | $208.5M | $129.7M | ||
| Q3 24 | $203.7M | $134.3M | ||
| Q2 24 | $198.1M | $145.8M | ||
| Q1 24 | $185.1M | $127.4M |
净利润ATROIIIN
| Q4 25 | — | $7.6M | ||
| Q3 25 | $-11.1M | $14.6M | ||
| Q2 25 | $1.3M | $15.2M | ||
| Q1 25 | $9.5M | $10.2M | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | $-11.7M | $4.7M | ||
| Q2 24 | $1.5M | $6.6M | ||
| Q1 24 | $-3.2M | $6.9M |
毛利率ATROIIIN
| Q4 25 | 33.3% | 11.3% | ||
| Q3 25 | 30.5% | 16.1% | ||
| Q2 25 | 25.8% | 17.1% | ||
| Q1 25 | 29.5% | 15.3% | ||
| Q4 24 | 29.8% | 7.3% | ||
| Q3 24 | 27.1% | 9.1% | ||
| Q2 24 | 28.0% | 10.6% | ||
| Q1 24 | 25.7% | 12.3% |
营业利润率ATROIIIN
| Q4 25 | 14.8% | 6.0% | ||
| Q3 25 | 10.9% | 10.8% | ||
| Q2 25 | 2.3% | 11.0% | ||
| Q1 25 | 6.4% | 8.3% | ||
| Q4 24 | 4.3% | 1.1% | ||
| Q3 24 | 4.1% | 4.5% | ||
| Q2 24 | 3.8% | 6.0% | ||
| Q1 24 | 0.9% | 7.0% |
净利率ATROIIIN
| Q4 25 | — | 4.7% | ||
| Q3 25 | -5.2% | 8.2% | ||
| Q2 25 | 0.6% | 8.4% | ||
| Q1 25 | 4.6% | 6.4% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | -5.8% | 3.5% | ||
| Q2 24 | 0.8% | 4.5% | ||
| Q1 24 | -1.7% | 5.4% |
每股收益（稀释后）ATROIIIN
| Q4 25 | $0.82 | $0.39 | ||
| Q3 25 | $-0.31 | $0.74 | ||
| Q2 25 | $0.04 | $0.78 | ||
| Q1 25 | $0.26 | $0.52 | ||
| Q4 24 | $-0.07 | $0.06 | ||
| Q3 24 | $-0.34 | $0.24 | ||
| Q2 24 | $0.04 | $0.34 | ||
| Q1 24 | $-0.09 | $0.35 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $18.2M | $15.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $140.1M | $358.8M |
| 总资产 | $706.7M | $456.1M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ATROIIIN
| Q4 25 | $18.2M | $15.6M | ||
| Q3 25 | $13.5M | $38.6M | ||
| Q2 25 | $13.5M | $53.7M | ||
| Q1 25 | $24.8M | $28.4M | ||
| Q4 24 | $9.3M | $36.0M | ||
| Q3 24 | $5.2M | $111.5M | ||
| Q2 24 | $2.9M | $97.7M | ||
| Q1 24 | $5.3M | $83.9M |
股东权益ATROIIIN
| Q4 25 | $140.1M | $358.8M | ||
| Q3 25 | $108.9M | $371.5M | ||
| Q2 25 | $271.6M | $356.2M | ||
| Q1 25 | $266.8M | $341.4M | ||
| Q4 24 | $256.1M | $331.6M | ||
| Q3 24 | $249.2M | $350.9M | ||
| Q2 24 | $257.9M | $346.0M | ||
| Q1 24 | $251.7M | $340.6M |
总资产ATROIIIN
| Q4 25 | $706.7M | $456.1M | ||
| Q3 25 | $682.2M | $462.6M | ||
| Q2 25 | $646.7M | $471.9M | ||
| Q1 25 | $662.2M | $421.9M | ||
| Q4 24 | $648.8M | $404.7M | ||
| Q3 24 | $651.6M | $422.6M | ||
| Q2 24 | $644.9M | $414.6M | ||
| Q1 24 | $630.0M | $397.2M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $27.6M | $-701.0K |
| 自由现金流经营现金流 - 资本支出 | $15.8M | $-2.2M |
| 自由现金流率自由现金流/营收 | 6.6% | -1.4% |
| 资本支出强度资本支出/营收 | 4.9% | 0.9% |
| 现金转化率经营现金流/净利润 | — | -0.09× |
| 过去12个月自由现金流最近4个季度 | $43.1M | $439.0K |
8季度趋势，按日历期对齐
经营现金流ATROIIIN
| Q4 25 | $27.6M | $-701.0K | ||
| Q3 25 | $34.2M | $-17.0M | ||
| Q2 25 | $-7.6M | $28.5M | ||
| Q1 25 | $20.6M | $-3.3M | ||
| Q4 24 | $26.4M | $19.0M | ||
| Q3 24 | $8.4M | $16.2M | ||
| Q2 24 | $-6.3M | $18.8M | ||
| Q1 24 | $2.0M | $1.4M |
自由现金流ATROIIIN
| Q4 25 | $15.8M | $-2.2M | ||
| Q3 25 | $21.0M | $-18.7M | ||
| Q2 25 | $-12.2M | $26.9M | ||
| Q1 25 | $18.5M | $-5.5M | ||
| Q4 24 | $23.2M | $16.3M | ||
| Q3 24 | $6.5M | $14.5M | ||
| Q2 24 | $-8.1M | $15.5M | ||
| Q1 24 | $439.0K | $-580.0K |
自由现金流率ATROIIIN
| Q4 25 | 6.6% | -1.4% | ||
| Q3 25 | 9.9% | -10.6% | ||
| Q2 25 | -6.0% | 15.0% | ||
| Q1 25 | 9.0% | -3.5% | ||
| Q4 24 | 11.1% | 12.6% | ||
| Q3 24 | 3.2% | 10.8% | ||
| Q2 24 | -4.1% | 10.7% | ||
| Q1 24 | 0.2% | -0.5% |
资本支出强度ATROIIIN
| Q4 25 | 4.9% | 0.9% | ||
| Q3 25 | 6.2% | 1.0% | ||
| Q2 25 | 2.2% | 0.9% | ||
| Q1 25 | 1.0% | 1.4% | ||
| Q4 24 | 1.5% | 2.1% | ||
| Q3 24 | 0.9% | 1.3% | ||
| Q2 24 | 0.9% | 2.2% | ||
| Q1 24 | 0.9% | 1.5% |
现金转化率ATROIIIN
| Q4 25 | — | -0.09× | ||
| Q3 25 | — | -1.17× | ||
| Q2 25 | -5.81× | 1.88× | ||
| Q1 25 | 2.17× | -0.32× | ||
| Q4 24 | — | 17.56× | ||
| Q3 24 | — | 3.48× | ||
| Q2 24 | -4.08× | 2.86× | ||
| Q1 24 | — | 0.20× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
IIIN
| Welded Wire Reinforcement | $108.4M | 68% |
| PC Strand | $51.6M | 32% |
