ATROB (Astronics) 5-Year Share Buyback Ratio : -2.90% (As of Dec. 2024)

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What is Astronics 5-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

5-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past five years. It is calculated as the annualized percentage change in shares outstanding from five years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Astronics's current 5-Year Share Buyback Ratio was -2.90%.

ATROB's 5-Year Share Buyback Ratio is ranked worse than
51.18% of 211 companies
in the Aerospace & Defense industry
Industry Median: -2.7 vs ATROB: -2.90

Competitive Comparison of Astronics's 5-Year Share Buyback Ratio

For the Aerospace & Defense subindustry, Astronics's 5-Year Share Buyback Ratio, along with its competitors' market caps and 5-Year Share Buyback Ratio 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's 5-Year Share Buyback Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Astronics's 5-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Astronics's 5-Year Share Buyback Ratio falls into.

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Astronics 5-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from five years ago to the current year. The annualized percentage change is calculated with least-square regression based on the latest six years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Astronics (OTCPK:ATROB) 5-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Astronics 5-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Astronics's 5-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Astronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Astronics Corp (OTCPK:ATROB) » Definitions » 5-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

ATRO:USA AC1:Germany AC1:Germany

Address

130 Commerce Way, East Aurora, NY, USA, 14052

Website

https://www.astronics.com

Astronics Corp supplies products to the aerospace, defense, and electronics industries. The company has two reportable segments namely Aerospace and Test Systems. The aerospace segment serves three primary markets: military, commercial transport, and General Aviation. The Test Systems segment serves the aerospace, defense, and semiconductor markets. The company generates a majority of its revenue from the Aerospace segment. Geographically, it generates a majority of its revenue from the United States.