Astec Industries, Inc. · NASDAQ:ASTE
Astec Industries — Q4 2025 Earnings Presentation
20 slides from Astec Industries's earnings presentation, Feb 25, 2026
Slide 1: Astec Industries Fourth Quarter and Full Year Earnings
Astec Industries Fourth Quarter and Full Year Earnings Astec Industries Fourth Quarter and Full Year Earnings February 25, 2026
Slide 2: Safe Harbor
Safe Harbor Safe Harbor Certain statements contained in this presentation contain forward-looking statements within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the PrivateSecurities Litigation Reform Act of 1995. Such statements relate
Slide 3: Fourth Quarter and Full Year Highlights
Fourth Quarter and Full Year Highlights Fourth Quarter and Full Year Highlights Jaco van der Merwe CEO and President
Slide 4: Highlights
Highlights Highlights Record Q4 net sales. Full year net sales up 8.1% Solid Q4 adjusted EBITDAand 25.8% increase in full year adjusted Fourth Quarter Full Year EBITDAgenerating double digit adjusted EBITDA margin 2026 Adjusted EBITDA guidance range from $170 million to $190 million $400.6M $1,410.4
Slide 5: Over $200 Million of Annual Revenue Acquired
Over $200 Million of Annual Revenue Acquired Over $200 Million of Annual Revenue Acquired TSG new branding CWMF closing day
Slide 6: State of the U.S. Industry
State of the U.S. Industry State of the U.S. Industry Investments in highways, Infrastructure Materials bridges, and street Solutions $347.5 billion approved by Solutions construction supported by Congress for five years IIJA funding and significant beginning 2022 state commitments are expected to d
Slide 7: Q4 25 Implied Orders
Q4 25 Implied Orders Q4 25 Implied Orders CONSOLIDATED INFRASTRUCTURE SOLUTIONS MATERIALS SOLUTIONS Implied Orders ($M) +11.0% Q/Q Implied Orders ($M) +31.0% Q/Q Implied Orders ($M) -6.8% Q/Q 140% $465 140% 160% $419 $258 $222 120% 120% 140% $207 116% 120% 115% 100% $203 $207 120% 141% $312 100% $19
Slide 8: Historical Backlog
Historical Backlog Historical Backlog CONSOLIDATED INFRASTRUCTURE SOLUTIONS MATERIALS SOLUTIONS Backlog ($M) Backlog ($M) Backlog ($M) $514 $450 $420 $403 $381 $306 $220 $294 $190 $276 $126 $125 $114 $256 $260 4Q24 1Q25 2Q25 3Q25 4Q25 4Q24 1Q25 2Q25 3Q25 4Q25 4Q24 1Q25 2Q25 3Q25 4Q25 Backlog prior t
Slide 9: Fourth Quarter and Full Year Financial Results
Fourth Quarter and Full Year Financial Results Fourth Quarter and Full Year Financial Results Brian Harris Chief Financial Officer
Slide 10: 4Q25 Financial Results
4Q25 Financial Results ($M, except per share and percentage data) 4Q25 Financial Results ($M, except per share and percentage data) NETSALES ADJ. EBITDA1 ADJ. EBITDA MARGIN1 ADJ. EPS1 +25.8% +28.6% +8.1% $140.7 $3.33 $1,410.4 13.3% -210 bps $1,305.1 +140 bps $111.8 $2.59 11.2% 10.0% 8.6% (-13.1%) +1
Slide 11: Infrastructure Solutions
Infrastructure Solutions 4Q25 Financial Performance ($M, except percentage data) Infrastructure Solutions 4Q25 Financial Performance ($M, except percentage data) NET SALES SEGMENT OPERATING ADJ. EBITDA SEGMENT OPERATING ADJ. EBITDA MARGIN +2.4% +10.5% $837.4 $857.4 $134.3 21.3% $121.5 -550 bps +120
Slide 12: Materials Solutions
Materials Solutions 4Q25 Financial Performance ($M, except percentage data) Materials Solutions 4Q25 Financial Performance ($M, except percentage data) NETSALES SEGMENT OPERATING ADJ. EBITDA SEGMENT OPERATINGADJ. EBITDA MARGIN +18.2% +49.5% $553.0 $55.6 +530 bps 11.8% $467.7 +210 bps 10.1% $37.2 8.0
Slide 13: Maintain Strong, Flexible Balance Sheet with Ample Liquidity
Maintain Strong, Flexible Balance Sheet with Ample Liquidity Maintain Strong, Flexible Balance Sheet with Ample Liquidity TOTALLIQUIDITY ($M) LIQUIDITY ($M) 12/31/25 $312 $315 Cash and Cash Equivalents $70.0 $239 $248 $228 Available Credit $244.7 Total Available Liquidity $314.7 COMMENTARY • Operati
Slide 14: CONEXPO-CON/AGG - New Products, Advanced Technology
CONEXPO-CON/AGG - New Products, Advanced Technology CONEXPO-CON/AGG - New Products, Advanced Technology Double Barrel 2.0 Phoenix Talon Burner CWMF Honey Badger Peterson 3710E Frontier SF-20 A60 Jaw Crusher Apex Centrifuge Signal (Digital platform) Con-E-Co 327 XRExperience March 3-7, 2026 | Las Veg
Slide 15: Investment Highlights
Trusted source — High-quality solutions and strong global brand recognition Favorable Customer Sentiment — Cautious optimism expressed at recent World of Concrete and National Asphalt Pavement Association trade shows. Strong attendance at both a positive Operational Excellence — Manufacturing invest
Slide 16: Questions and Answers
QUESTIONS AND ANSWERS QUESTIONS AND ANSWERS Steve Anderson SVP of Administration & Investor Relations Phone: 423-553-5934 Email: sanderson@astecindustries.com
Slide 17: Appendix
Appendix Appendix
Slide 18: GAAP vs Non-GAAP Adjusted EPS Reconciliations
GAAP vs Non-GAAP Adjusted EPS Reconciliations (in millions, except per share amounts; unaudited) GAAP vs Non-GAAP Adjusted EPSReconciliations (in millions, except per share amounts; unaudited)
Slide 19: EBITDA and Adjusted EBITDA Reconciliations
EBITDA and Adjusted EBITDA Reconciliations (in millions, except percentage data; unaudited) EBITDA and Adjusted EBITDA Reconciliations (in millions, except percentage data; unaudited)
Slide 20: Free Cash Flow Reconciliations
Free Cash Flow Reconciliations (in millions, except percentage data; unaudited) Free Cash Flow Reconciliations (in millions, except percentage data; unaudited)