AstronicsATRO +2.68%56 Gross Margin % is 32.58% as of Mar. 2026, which is 47% above its 10-year median of 22.23. GuruFocus rates ATRO with a GF Score™ of 56/100 and a GF Value™ of $19.45 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 342 Aerospace & Defense companies, Astronics ranks better than 58.77% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Astronics's Gross Profit for the
three
months ended in Mar. 2026 was $75.1 Mil. Astronics's Revenue for the
three
months ended in Mar. 2026 was $230.6 Mil. Therefore, Astronics's Gross Margin % for the quarter that ended in Mar. 2026 was 32.58%.
The historical rank and industry rank for Astronics's Gross Margin % or its related term are showing as below:
ATRO'
s Gross Margin % Range Over the Past 10 Years
Min: 13.37 Med: 22.23 Max: 30.72
Current: 30.72
During the past 13 years, the highestGross Margin % of Astronics was 30.72%. The lowest was 13.37%. And the median was 22.23%.
ATRO's Gross Margin % is ranked better than 58.77% of 342
companies
in the Aerospace & Defense industry
Industry Median: 26.65
vs ATRO: 30.72
Astronics had a gross margin of 32.58% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Astronics was 14.50% per year.
Astronics (NAS:ATRO) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Astronics had a gross margin of 32.58% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Astronics Gross Margin % Related Terms
Astronics Gross Margin % Historical Data
* Premium members only.
The historical data trend for Astronics's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ATRO vs HAWK, VOYG, VVX: Gross Margin % Comparison
For the Aerospace & Defense subindustry, Astronics's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Astronics Gross Margin % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Astronics's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Astronics's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Astronics (ATRO) has a Gross Margin % of 32.58% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Astronics and its competitors. This is 47% above median its historical median of 22.23. Over the past decade, Astronics' Gross Margin % has ranged from 13.37 to 30.72. According to the industry distribution chart, Astronics ranks #141 out of 342 companies in the Aerospace & Defense industry, placing it in the top 41.2%.
Is Astronics' Gross Margin % too high?
Astronics' current Gross Margin % of 32.58% is 47% above median its 10-year median of 22.23. Over the past 10 years, this metric has ranged from a low of 13.37 to a high of 30.72. The Aerospace & Defense industry median Gross Margin % is 26.65. Astronics' value of 32.58% is 22.3% above this industry median. Based on the distribution chart, Astronics ranks #141 out of 342 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Astronics has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astronics' Gross Margin % compare to HAWK and VOYG?
According to the Aerospace & Defense industry distribution chart, Astronics ranks #141 out of 342 companies for Gross Margin %. This puts Astronics in the upper half of its industry. The industry median Gross Margin % is 26.65. Astronics' value of 32.58% is 22.3% above this benchmark. Historically, Astronics' own Gross Margin % has ranged from 13.37 to 30.72 over the past decade. While the company's 10-year median is 22.23 vs. the industry median of 26.65, Astronics has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.65, based on 342 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Astronics's current Gross Margin % of 32.58% is 22.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Astronics and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astronics's current Gross Margin % is 32.58%, which is 47% above median its own 10-year median of 22.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astronics stock overvalued right now?
Based on GuruFocus' analysis, Astronics (ATRO) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.45, compared to a current price of $84.86 — trading 336.3% above its estimated fair value. The current Gross Margin % is 32.58%, which is 47% above median its 10-year median of 22.23 and 22.3% above the Aerospace & Defense industry median of 26.65. Astronics' overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Astronics (ATRO), the current Gross Margin % is 32.58% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Astronics (ATRO) Overvalued in 2026?
Based on GuruFocus' analysis, Astronics stock appears to be overvalued.
The current stock price of $84.86 is trading 336.3% above its estimated GF Value™ of $19.45.
GuruFocus considers Astronics to be Significantly Overvalued.
Key valuation signals for ATRO:
Gross Margin %: 32.58% (47% above median its 10-year median of 22.23)
GF Value™: $19.45 vs. price of $84.86 (336.3% above fair value)
Industry Position: 22.3% above the Aerospace & Defense median (#141 of 342)
No single metric tells the full story. See the ATRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Astronics Corporation is a provider of technologies to the aerospace, defense, and electronics industries, offering high-performance electrical power generation and distribution systems, motion systems, lighting and safety systems, avionics products, systems certification, aircraft structures, and automated test systems. The company operates through two reportable segments, Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the aerospace and defense industry and generates the majority of revenue, while the Test Systems segment designs, develops, manufactures, and maintains automated test systems for the aerospace and defense, communications, and mass transit industries. The company derives the majority of its revenue from the United States.
56GF Score
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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