For the year ending 2025-12-31, ASTE had -$18.8M decrease in cash & cash equivalents over the period. $20.7M in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 38.8 |
| Depreciation and amortization | 36.3 |
| Amortization of acquisition-related inventory fair value step-up | 7.4 |
| Provision for credit losses | 2.1 |
| Provision for warranties | 23.9 |
| Deferred compensation expense (benefit) | 0.1 |
| Share-based compensation | 7.1 |
| Deferred tax provision (benefit) | 0.4 |
| Gain on sale of property and equipment, net | 0.2 |
| Goodwill impairment | 0 |
| Other impairment charges | 0 |
| Amortization of debt issuance costs | 1.2 |
| Distributions to deferred compensation programs' participants | 1.1 |
| Purchase of trading securities, net | 0.2 |
| Receivables and other contract assets | 28.4 |
| Inventories | -11.8 |
| Prepaid expenses | 2.2 |
| Other assets | 0.5 |
| Accounts payable | -2.1 |
| Accrued employee related liabilities | 9.7 |
| Other accrued liabilities | -4.7 |
| Accrued product warranty | 21.8 |
| Customer deposits | -12.7 |
| Income taxes payable/prepaid | -3.5 |
| Net cash provided by operating activities | 61.4 |
| Acquisitions, net of cash acquired | 248.7 |
| Expenditures for property and equipment | 40.7 |
| Proceeds from sale of property and equipment | 0.8 |
| Proceeds from insurance | 0.7 |
| Purchase of investments | 0.9 |
| Sale of investments | 1 |
| Net cash used in investing activities | -287.8 |
| Payment of dividends | 11.9 |
| Proceeds from borrowings on credit facilities and bank loans | 459.1 |
| Repayments of borrowings on credit facilities and bank loans | 230.1 |
| Payment of debt issuance costs | 10.4 |
| Sale of company stock by deferred compensation programs, net | -0.1 |
| Withholding tax paid upon vesting of share-based compensation awards | 0.7 |
| Net cash provided by (used in) financing activities | 206.1 |
| Effect of exchange rates on cash | 1.5 |
| (decrease) increase in cash and cash equivalents and restricted cash | -18.8 |
| Cash, cash equivalents and restricted cash, beginning of period | 90.8 |
| Cash, cash equivalents and restricted cash, end of period | 72 |
ASTEC INDUSTRIES INC (ASTE)
ASTEC INDUSTRIES INC (ASTE)