Analyst Ratings

Date	Action	Analyst	Rating	Target
Apr-27-26	Reiterated	Raymond James	Outperform	$30 → $31
Apr-24-26	Reiterated	Robert W. Baird		$29 → $30
Apr-07-26	Upgrade	Barclays	Equal Weight → Overweight
Mar-27-26	Reiterated	Stephens		$26 → $29
Mar-27-26	Upgrade	Stephens & Co.	Equal Weight → Overweight
Jan-26-26	Reiterated	Truist Financial		$29 → $30
Jan-23-26	Reiterated	Piper Sandler	Neutral	$24 → $30
Jan-23-26	Reiterated	RBC Capital	Sector Perform	$29 → $30
Jan-12-26	Reiterated	RBC Capital	Sector Perform	$28 → $29
Dec-22-25	Reiterated	Truist Financial		$27 → $29

Financial Statements

DataTimeframe

Line Item (USD, M)	TTM —	FY 2025 12/31/2025	FY 2024 12/31/2024	FY 2023 12/31/2023
Total Revenue	2,474	2,459	2,105	Upgrade your experience to unlock full historical data
Cost of Goods Sold Incl. D&A	1,004	1,026	1,160
Gross Profit	1,469	1,434	944
Selling, General and Administrative Excl. Other	609	597	555
Research and Development	0	0	0
Other Operating Expense	251	259	255
Operating Income	610	578	134
Interest Expense	952	972	1,075
Unusual Expense	—	—	—
Non-Operating Income (Expense)	0	0	0
Net Income Before Taxes	610	578	134
Income Taxes	117	103	11
Consolidated Net Income	493	475	123
Net Income From Continuing Operations	493	475	123
Net Income	493	475	123
EPS (Recurring)	2.90	2.81	0.73
EPS (Basic, Before Extraordinaries)	2.90	2.81	0.73
EPS (Diluted)	2.88	2.77	0.72
EBITDA	717	680	237
Other After Tax Adjustments	—	—	—
Stock Option Compensation Expense	—	—	—
Price To Earnings Ratio	10.14	9.30	—
Price To Sales Ratio	1.95	1.73	—
Gross Margin	59.38	58.32	44.85
Operating Margin	24.66	23.51	6.37
Net Margin	19.93	19.32	5.84
Shares Outstanding	165	165	152
Market Capitalization	4,818	4,250	—
Operating Lease Expense	—	—	—

Insider Trading

Insider	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Utz John A.	Executive Vice President	Jun 10 '26	Sale	28.82	5,000	144,125	118,156	Jun 11 12:00 AM
Braeger Matthew R	Executive Vice President	Jun 09 '26	Sale	28.17	5,000	140,860	11,777	Jun 10 12:00 AM
DeLoye Dennis	Executive Vice President	May 26 '26	Sale	28.26	14,299	404,090	21,385	May 27 12:00 AM
DeLoye Dennis	Executive Vice President	May 26 '26	Option Exercise	25.55	28,598	730,548	35,684	May 27 12:00 AM
Erickson Randall J.	Executive Vice President	May 04 '26	Sale	27.84	28,311	788,037	139,115	May 05 12:00 AM
Erickson Randall J.	Executive Vice President	May 01 '26	Sale	28.30	2,000	56,590	167,426	May 05 12:00 AM
WILLIAMS JOHN B	Director	Apr 28 '26	Sale	28.18	4,000	112,700	67,420	Apr 29 12:00 AM
KAMERICK EILEEN A	Director	Feb 19 '26	Sale	28.02	6,600	184,932	49,264	Feb 20 12:00 AM
Ahern Patrick Edward	Executive Vice President	Feb 10 '26	Sale	29.03	14,731	427,682	39,401	Feb 11 12:00 AM
Ahern Patrick Edward	Executive Vice President	Feb 10 '26	Option Exercise	26.00	22,386	582,036	50,594	Feb 11 12:00 AM
WILLIAMS JOHN B	Director	Feb 03 '26	Sale	28.05	2,325	65,205	70,959	Feb 04 12:00 AM
Utz John A.	Executive Vice President	Dec 09 '25	Sale	26.41	2,135	56,392	109,842	Dec 10 12:00 AM
Utz John A.	Executive Vice President	Dec 09 '25	Option Exercise	17.38	270	4,692	109,977	Dec 10 12:00 AM
Ahern Patrick Edward	Executive Vice President	Dec 04 '25	Option Exercise	24.00	60,978	1,463,324	54,544	Dec 08 12:00 AM
Ahern Patrick Edward	Executive Vice President	Dec 04 '25	Sale	25.70	30,489	783,567	24,055	Dec 08 12:00 AM


Market Cap	4.80B	Forward P/E	8.99	EPS next Y	3.25	Insider Trans	-0.02%	Shs Float	-	Perf Month	7.47%


Enterprise Value	8.75B	PEG	0.04	EPS next Q	0.73	Inst Own	-	Short Float	-	Perf Quarter	19.18%


Income	495.12M	P/S	1.94	EPS this Y	2.43%	Inst Trans	-	Short Ratio	-	Perf Half Y	9.12%


Sales	2.47B	P/B	0.96	EPS next Y	10.12%	ROA	1.08%	Short Interest	-	Perf YTD	13.35%


Book/sh	30.12	P/C	7.31	EPS next 5Y	10.93%	ROE	10.04%	52W High	29.96 -2.54%	Perf Year	29.03%


Cash/sh	36.04	P/FCF	7.80	EPS past 3/5Y	-	ROIC	6.45%	52W Low	22.48 29.89%	Perf 3Y	-


Dividend Est.	0.95 (3.25%)	EV/EBITDA	12.22	Sales past 3/5Y	20.03% 11.81%	Gross Margin	59.41%	Volatility	1.42% 1.55%	Perf 5Y	-


Dividend TTM	0.95 (3.25%)	EV/Sales	3.54	EPS Y/Y TTM	300.00%	Oper. Margin	24.65%	ATR (14)	0.64	Perf 10Y	-


Dividend Ex-Date	Jun 01, 2026	Quick Ratio	15.52	Sales Y/Y TTM	17.53%	Profit Margin	19.92%	RSI (14)	60.11	Recom	2.40


Dividend Gr. 3/5Y	4.71% 5.25%	Current Ratio	15.52	EPS Q/Q	18.64%	SMA20	3.32%	Beta	1.05	Target Price	30.00


Payout	34.26%	Debt/Eq	0.88	Sales Q/Q	3.78%	SMA50	4.15%	Rel Volume	2.08	Prev Close	28.94


Employees	4,006	LT Debt/Eq	0.78	Earnings	Jul 23	SMA200	9.70%	Avg Volume	1.98M	Price	29.20


IPO Date	Mar 17, 1980	Option/Short	Yes / Yes	EPS/Sales Surpr.	1.45% -0.26%	Net Debt/EBITDA	5.51	Volume	4,116,408	Change	0.90%

ASB