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AstroNova, Inc.

ALOT NASDAQ Categories PDF
Technology · Computer Hardware
West Warwick, RI 02893, United States IPO 1981 astronovainc.com Updated Jun 26, 7:47pm
Price
$28.47
Market Cap
$221.2M
Employees
441
Beta
1.00
Avg Volume
117,895
CEO
Jorik E. Ittmann
Business Description

AstroNova, Inc., established in 1969 and headquartered in West Warwick, Rhode Island, is a global enterprise specializing in the design, development, manufacturing, and distribution of advanced printing technologies and sophisticated data acquisition and analysis systems. The company extends its reach across the United States, Europe, Asia, Canada, Central and South America, and other international markets. Its business is structured into two primary divisions: Product Identification (PI) and Test & Measurement (T&M). The Product Identification segment provides an array of digital color label printers, encompassing both tabletop and production-ready units under the QuickLabel brand, as well as digital color label mini-presses and inline printing systems branded TrojanLabel. This segment also supplies essential consumables like label materials, tags, inks, toners, and thermal transfer ribbons via its GetLabels brand. Additionally, PI develops and licenses specialized software for label design and management, complemented by comprehensive training and support services. Its diverse customer base includes brand owners, label converters, commercial printers, and packaging manufacturers across sectors such as chemicals, cosmetics, food and beverage, medical products, and pharmaceuticals. The Test & Measurement segment delivers airborne printing solutions, such as the ToughWriter, which produces hard copies of critical flight data including navigation maps, arrival/departure procedures, itineraries, weather maps, and air traffic control information. This segment also manufactures ToughSwitch Ethernet switches for device connectivity, various TMX data acquisition systems, the Daxus DXS-100 distributed data acquisition platform, and SmartCorder DDX100 portable systems for facility maintenance and field testing. Furthermore, it offers the Everest EV-500 digital strip chart recording system, primarily utilized in telemetry applications. Key industries served by T&M include aerospace and defense, automotive, commercial airlines, energy, manufacturing, and transportation. The company, incorporated in 1969, adopted its current name, AstroNova, Inc., in May 2016, having previously operated as Astro-Med, Inc.

Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 25, 2026 1:04am (2d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
-91.84
Stock Price: $28.47
EPS (Diluted): -0.31
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
0.91
Stock Price: $28.47
Total Equity: $76.86M
Shares: 7,653,000
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
24.74
Market Cap: $221.25M
Total Debt: $39.99M
Cash: $4.07M
EBITDA: $4.34M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$107.4M
Market Cap: $221.25M
Total Debt: $39.99M
Cash: $4.07M
P/S Ratio (Price per dollar of revenue)
API
Stock Price / Revenue Per Share
0.46
Stock Price: $28.47
Revenue: $150.52M
Shares: 7,653,000
EV/Sales (Total value vs revenue — works when P/E can't)
API
0.71
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
33.1%
Gross Profit: $49.81M
Revenue: $150.52M
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
1.0%
Operating Income: $1.56M
Revenue: $150.52M
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
-1.6%
Net Income: -$2.38M
Revenue: $150.52M
ROE (Profit from shareholder equity)
CALC
Net Income / Total Equity
-3.1%
Net Income: -$2.38M
Total Equity: $76.86M
ROIC (Profit from all invested capital)
CALC
NOPAT / Invested Capital
1.3%
Operating Income: $1.56M
Tax Rate: 6.3%
Equity: $76.86M
Total Debt: $39.99M
Cash: $4.07M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
1.84
Current Assets: $70.70M
Current Liabilities: $38.37M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.52
Short-Term Debt: $21.55M
Long-Term Debt: $18.44M
Total Debt: $39.99M
Total Equity: $76.86M
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$19.67
Revenue: $150.52M
Shares: 7,653,000
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$10.04
Total Equity: $76.86M
Shares: 7,653,000
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$1.49
Operating CF: $11.74M
CapEx: -$332,000
Shares: 7,653,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $28.47
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: -$2.38M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares ALOT against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 25, 2026 1:04am (2d ago)
Metric 2022 2023 2024 2025 2026
Revenue $117.5M $142.5M $148.1M $151.3M $150.5M
Cost of Revenue $73.7M $94.4M $96.5M $98.5M $100.7M
Gross Profit $43.7M $48.2M $51.6M $52.7M $49.8M
Operating Expenses $39.5M $42.7M $42.8M $48.0M $48.2M
Operating Income $4.3M $5.4M $8.8M $4.8M $1.6M
Net Income $6.4M $2.7M $4.7M -$14.5M -$2.4M
EBITDA $11.7M $9.0M $13.0M -$4.3M $4.3M
EPS $0.89 $0.36 $0.63 $-1.93 $-0.31
EPS (Diluted) — — — — —
Balance Sheet (Annual)
Last updated: Jun 25, 2026 1:04am (2d ago)
Metric 2022 2023 2024 2025 2026
Cash & Equivalents $5.3M $3.9M $4.5M $5.1M $4.1M
Total Current Assets $63.8M $79.8M $76.7M $77.9M $70.7M
Total Assets $115.0M $139.2M $133.3M $145.6M $137.6M
Current Liabilities $20.0M $37.5M $29.8M $46.3M $38.4M
Long-Term Debt $8.2M $12.0M $10.1M $19.0M $18.4M
Total Liabilities $33.9M $54.8M $43.0M $69.8M $60.7M
Total Equity $81.0M $84.4M $90.3M $75.8M $76.9M
Retained Earnings $56.5M $59.2M $63.9M $49.4M $47.0M
Cash Flow (Annual)
Last updated: Jun 25, 2026 1:04am (2d ago)
Metric 2022 2023 2024 2025 2026
Operating Cash Flow $1.4M -$2.9M $12.4M $4.8M $11.7M
Capital Expenditure -$1.8M $-229,000 $-875,000 -$1.2M $-332,000
Free Cash Flow $-402,000 -$3.2M $11.5M $3.7M $11.4M
Acquisitions (net) $0 -$17.0M $0 -$19.1M $113,000
Debt Repayment — — — — —
Dividends Paid — — — — —
Stock Buybacks $-386,000 $0 $0 $0 $0
Net Change in Cash -$6.2M -$1.3M $581,000 $523,000 $-978,000
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 7:47pm (13h ago)
Metric 2030 2031 2032 2033
Revenue $136.0M
$136.0M – $136.0M
 $115.8M
$115.8M – $115.8M
 $117.5M
$117.5M – $117.5M
 $125.0M
$125.0M – $125.0M
EBITDA $6.8M
$6.8M – $6.8M
 $5.8M
$5.8M – $5.8M
 $5.9M
$5.9M – $5.9M
 $6.3M
$6.3M – $6.3M
Net Income $3.5M
$3.5M – $3.5M
 $841,830
$841,830 – $841,830
 $7.6M
$7.6M – $7.6M
 $2.7M
$2.7M – $2.7M
EPS — — — —
Growth Trends (YoY %)
Last updated: Jun 25, 2026 1:04am (2d ago)
Metric 2023 2024 2025 2026
Revenue Growth +21.3% +3.9% +2.2% -0.5%
Gross Profit Growth +10.1% +7.2% +2.2% -5.6%
Operating Income Growth +27.9% +61.6% -45.9% -67.2%
Net Income Growth -58.6% +76.4% -408.7% +83.6%
EBITDA Growth -23.1% +44.8% -133.0% +201.0%
Dividend History (Last 20)
Last updated: Jun 25, 2026 1:04am (2d ago)
Date Dividend Declaration Record Payment
2020-03-25 $0.07 2020-03-10 2020-03-26 2020-04-02
2019-12-18 $0.07 2019-12-03 2019-12-19 2019-12-26
2019-09-13 $0.07 2019-08-26 2019-09-16 2019-09-24
2019-06-18 $0.07 2019-06-04 2019-06-19 2019-06-26
2019-03-27 $0.07 2019-03-15 2019-03-28 2019-04-04
2018-12-13 $0.07 2018-11-19 2018-12-14 2018-12-21
2018-09-13 $0.07 2018-08-21 2018-09-14 2018-09-21
2018-06-14 $0.07 2018-06-04 2018-06-15 2018-06-29
2018-03-21 $0.07 2018-03-12 2018-03-22 2018-03-30
2017-12-12 $0.07 2017-11-20 2017-12-13 2018-01-02
2017-09-14 $0.07 2017-08-21 2017-09-15 2017-09-22
2017-06-07 $0.07 2017-05-18 2017-06-09 2017-06-27
2017-03-21 $0.07 2017-03-13 2017-03-23 2017-03-30
2016-12-12 $0.07 2016-11-29 2016-12-14 2017-01-03
2016-09-14 $0.07 2016-08-25 2016-09-16 2016-09-23
2016-06-08 $0.07 2016-05-17 2016-06-10 2016-06-28
2016-03-09 $0.07 2016-02-23 2016-03-11 2016-03-30
2015-12-16 $0.07 2015-12-02 2015-12-18 2016-01-04
2015-09-09 $0.07 2015-08-19 2015-09-11 2015-10-02
2015-06-10 $0.07 2015-05-21 2015-06-12 2015-06-30
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for ALOT — it's generated by the pipeline (market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30