BUKS
Butler National Corporation
Price Chart
Latest Quote
$4.02
| Previous Close | $4.08 |
| Open | $4.03 |
| Day High | $4.08 |
| Day Low | $3.96 |
| Volume | 9,152 |
Stock Information
| Shares Outstanding | 64.07M |
| Total Debt | $34.81M |
| Cash Equivalents | $36.49M |
| Revenue | $91.89M |
| Net Income | $19.71M |
| Sector | Industrials |
| Industry | Aerospace & Defense |
| Market Cap | $257.58M |
| P/E Ratio | 13.40 |
| EPS (TTM) | $0.30 |
| Exchange | OQX |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $256.97M |
| Sales | $91.89M |
| Income | $19.71M |
| Book/sh | $1.19 |
| Cash/sh | $0.57 |
| Employees | 336 |
Financial Ratios
| Quick Ratio | 1.45 |
| Current Ratio | 1.89 |
| Debt/Eq | 45.59 |
| EPS Growth TTM | 98.30% |
Returns & Margins
| ROA | 11.77% |
| ROE | 28.42% |
| Gross Margin | 50.98% |
| Operating Margin | 34.33% |
| Profit Margin | 21.45% |
Ownership
| Insider Ownership | 40.91% |
| Institutional Ownership | 13.82% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 2.80 |
| P/B | 3.38 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $4.07 |
| SMA50 | $3.96 |
| SMA200 | $2.97 |
| RSI | 48.24 |
| ATR | 0.1686 |
| Shares Float | 30.46M |
| Volatility | 0.20 |
| Rel Volume | 0.28 |
Performance History
| Week | -3.60% |
| Month | -0.99% |
| Quarter | +17.89% |
| 6 Months | +68.20% |
| YTD | +31.37% |
| Year | +156.05% |
| 3 Years | +396.30% |
| 5 Years | +605.26% |
| 10 Years | +2015.79% |
Sign up for free to view detailed scoring breakdown â premium is free during our trial period!
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-05 | $4.02 | 9,152 |
| 2026-06-04 | $4.04 | 13,700 |
| 2026-06-03 | $4.08 | 38,400 |
| 2026-06-02 | $4.02 | 78,000 |
| 2026-06-01 | $4.17 | 12,200 |
| 2026-05-29 | $4.17 | 41,300 |
| 2026-05-28 | $4.13 | 17,500 |
| 2026-05-27 | $4.09 | 19,900 |
| 2026-05-26 | $4.14 | 26,500 |
| 2026-05-22 | $3.98 | 23,400 |
| 2026-05-21 | $4.05 | 26,300 |
| 2026-05-20 | $4.00 | 12,300 |
| 2026-05-19 | $4.09 | 33,900 |
| 2026-05-18 | $4.03 | 41,300 |
| 2026-05-15 | $4.05 | 73,200 |
| 2026-05-14 | $4.02 | 63,100 |
| 2026-05-13 | $4.08 | 21,700 |
| 2026-05-12 | $4.05 | 18,100 |
| 2026-05-11 | $4.06 | 38,700 |
| 2026-05-08 | $4.05 | 50,000 |
| 2026-05-07 | $4.11 | 49,400 |
| 2026-05-06 | $4.06 | 60,600 |
| 2026-05-05 | $4.07 | 38,300 |
About Butler National Corporation
Butler National Corporation designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems. It operates through two segments, Aerospace Products and Professional Services. The Aerospace Products segment designs, manufactures, sells, and services structural modifications, design, integration, and installation of electronic equipment, systems and technologies, as well as defense related articles; and operates repair stations. Its products include aerial surveillance, aerodynamic enhancement, avcon stability enhancing fins, airplane nose extension, cargo/sensor carrying pods and radomes, fuel system protection devices, navigation / flight display installations, crew work stations, electrical power systems and switching equipment, enlarged aircraft doors, powered airplane sensor lifts, and specialized cabling and harnesses products; and provisions to allow carrying of external stores. The company also provides modifications on aerial photograph capabilities, aerodynamic improvements, avionics systems, cargo or expanded-sized doors, search and rescue, airborne research capability, extended range fuel tanks, radar systems, intelligence surveillance reconnaissance, special mission modifications, target towing capability, and traffic collision avoidance systems; and cabling, electronic control systems, hangfire override modules, test equipment, and gun control units for apache and blackhawk helicopters, and land and sea based military vehicles. The Professional Services segment manages a gaming, dining, and entertainment facility. It serves owners and operators of private, commercial, business and government aircraft; and commercial weapon manufacturers and suppliers in North America, Europe, the Middle East, Asia, and internationally. The company was incorporated in 1960 and is based in New Century, Kansas.
Income Statement (Annual)
| Metric | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $45,921,000 | $44,472,000 | $41,303,000 | $36,395,000 |
| Cost Of Revenue | $45,921,000 | $44,472,000 | $41,303,000 | $36,395,000 |
| Total Revenue | $83,968,000 | $78,376,000 | $75,182,000 | $71,517,000 |
| Operating Revenue | $83,968,000 | $78,376,000 | $75,182,000 | $71,517,000 |
| Expenses | ||||
| Interest Expense | $2,177,000 | $2,447,000 | $2,743,000 | $2,689,000 |
| Total Expenses | $67,141,000 | $65,137,000 | $66,528,000 | $55,388,000 |
| Other Income Expense | $1,562,000 | $5,659,000 | $616,000 | $2,076,000 |
| Net Non Operating Interest Income Expense | $-1,671,000 | $-2,142,000 | $-2,743,000 | $-2,689,000 |
| Interest Expense Non Operating | $2,177,000 | $2,447,000 | $2,743,000 | $2,689,000 |
| Operating Expense | $21,220,000 | $20,665,000 | $25,225,000 | $18,993,000 |
| Selling And Marketing Expense | $3,717,000 | $5,009,000 | $5,426,000 | $5,117,000 |
| General And Administrative Expense | $17,503,000 | $15,656,000 | $19,799,000 | $13,876,000 |
| Other Non Operating Income Expenses | - | - | $137,000 | - |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $12,551,000 | $12,512,000 | $4,516,000 | $10,368,000 |
| Net Interest Income | $-1,671,000 | $-2,142,000 | $-2,743,000 | $-2,689,000 |
| Interest Income | $506,000 | $305,000 | $0 | - |
| Normalized Income | $11,381,531 | $8,285,859 | $4,184,580 | $8,790,448 |
| Net Income From Continuing And Discontinued Operation | $12,551,000 | $12,512,000 | $4,516,000 | $10,368,000 |
| Total Operating Income As Reported | $16,827,000 | $13,239,000 | $8,654,000 | $16,129,000 |
| Net Income Common Stockholders | $12,551,000 | $12,512,000 | $4,516,000 | $10,368,000 |
| Net Income | $12,551,000 | $12,512,000 | $4,516,000 | $10,368,000 |
| Net Income Including Noncontrolling Interests | $12,551,000 | $12,512,000 | $4,516,000 | $12,240,000 |
| Net Income Continuous Operations | $12,551,000 | $12,512,000 | $4,516,000 | $12,240,000 |
| Pretax Income | $16,718,000 | $16,756,000 | $6,527,000 | $15,516,000 |
| Special Income Charges | $1,562,000 | $5,659,000 | $479,000 | $2,076,000 |
| Interest Income Non Operating | $506,000 | $305,000 | $0 | - |
| Operating Income | $16,827,000 | $13,239,000 | $8,654,000 | $16,129,000 |
| Gross Profit | $38,047,000 | $33,904,000 | $33,879,000 | $35,122,000 |
| Per Share | ||||
| Diluted EPS | $0.19 | $0.18 | $0.06 | $0.14 |
| Basic EPS | $0.19 | $0.18 | $0.06 | $0.14 |
| Other | ||||
| Tax Effect Of Unusual Items | $392,531 | $1,432,859 | $147,580 | $498,448 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $24,077,000 | $19,612,000 | $14,689,000 | $21,410,000 |
| Total Unusual Items | $1,562,000 | $5,659,000 | $479,000 | $2,076,000 |
| Total Unusual Items Excluding Goodwill | $1,562,000 | $5,659,000 | $479,000 | $2,076,000 |
| Reconciled Depreciation | $6,744,000 | $6,068,000 | $5,898,000 | $5,281,000 |
| EBITDA (Bullshit earnings) | $25,639,000 | $25,271,000 | $15,168,000 | $23,486,000 |
| EBIT | $18,895,000 | $19,203,000 | $9,270,000 | $18,205,000 |
| Diluted Average Shares | $67,835,577 | $70,435,752 | $76,456,631 | $75,340,131 |
| Basic Average Shares | $67,819,328 | $70,435,752 | $76,456,631 | $75,340,131 |
| Diluted NI Availto Com Stockholders | $12,551,000 | $12,512,000 | $4,516,000 | $10,368,000 |
| Tax Provision | $4,167,000 | $4,244,000 | $2,011,000 | $3,276,000 |
| Gain On Sale Of Ppe | $522,000 | $5,659,000 | $479,000 | $75,000 |
| Gain On Sale Of Business | $1,040,000 | $0 | - | - |
| Selling General And Administration | $21,220,000 | $20,665,000 | $25,225,000 | $18,993,000 |
| Other Gand A | $17,503,000 | $15,656,000 | $19,799,000 | $13,876,000 |
| Minority Interests | - | - | $0 | $-1,872,000 |
| Other Special Charges | - | - | - | $-2,001,000 |
| Salaries And Wages | - | - | - | - |
Balance Sheet (Annual)
| Metric | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $55,877,000 | $44,679,000 | $38,059,000 | $32,816,000 |
| Total Assets | $123,298,000 | $113,975,000 | $113,906,000 | $100,809,000 |
| Total Non Current Assets | $75,986,000 | $75,379,000 | $73,744,000 | $73,495,000 |
| Other Non Current Assets | $1,050,000 | $1,219,000 | $1,401,000 | $1,621,000 |
| Non Current Deferred Assets | $2,076,000 | $1,919,000 | $1,473,000 | $1,770,000 |
| Non Current Deferred Taxes Assets | $2,076,000 | $1,919,000 | $1,473,000 | $1,770,000 |
| Goodwill And Other Intangible Assets | $9,237,000 | $9,762,000 | $8,722,000 | $8,018,000 |
| Other Intangible Assets | $9,237,000 | $9,762,000 | $8,722,000 | $8,018,000 |
| Current Assets | $47,312,000 | $38,596,000 | $40,162,000 | $27,826,000 |
| Other Current Assets | $1,771,000 | $1,694,000 | $3,532,000 | $1,361,000 |
| Inventory | $10,924,000 | $9,522,000 | $8,947,000 | $8,872,000 |
| Receivables | $9,391,000 | $9,588,000 | $5,686,000 | $5,106,000 |
| Other Receivables | $2,993,000 | $3,812,000 | $1,893,000 | $1,470,000 |
| Taxes Receivable | $531,000 | $0 | - | - |
| Accounts Receivable | $5,867,000 | $5,776,000 | $3,793,000 | $3,636,000 |
| Allowance For Doubtful Accounts Receivable | $-83,000 | $-47,000 | $-205,000 | $-205,000 |
| Gross Accounts Receivable | $5,950,000 | $5,823,000 | $3,998,000 | $3,841,000 |
| Cash Cash Equivalents And Short Term Investments | $25,226,000 | $17,792,000 | $21,997,000 | $12,487,000 |
| Cash And Cash Equivalents | $25,226,000 | $17,792,000 | $21,997,000 | $12,487,000 |
| Cash Financial | $25,226,000 | $17,792,000 | $21,997,000 | $12,487,000 |
| Prepaid Assets | - | - | - | $1,361,000 |
| Debt | ||||
| Net Debt | $9,931,000 | $20,318,000 | $21,408,000 | $36,089,000 |
| Total Debt | $39,178,000 | $41,508,000 | $46,880,000 | $51,581,000 |
| Long Term Debt And Capital Lease Obligation | $33,770,000 | $36,617,000 | $41,748,000 | $46,310,000 |
| Long Term Debt | $29,870,000 | $33,244,000 | $38,418,000 | $43,411,000 |
| Current Debt And Capital Lease Obligation | $5,408,000 | $4,891,000 | $5,132,000 | $5,271,000 |
| Current Debt | $5,287,000 | $4,866,000 | $4,987,000 | $5,165,000 |
| Other Current Borrowings | $5,287,000 | $4,866,000 | $4,987,000 | $5,165,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $58,184,000 | $59,534,000 | $67,125,000 | $59,975,000 |
| Total Non Current Liabilities Net Minority Interest | $33,770,000 | $36,617,000 | $41,748,000 | $46,310,000 |
| Current Liabilities | $24,414,000 | $22,917,000 | $25,377,000 | $13,665,000 |
| Other Current Liabilities | $502,000 | $193,000 | $214,000 | $211,000 |
| Current Deferred Liabilities | $7,218,000 | $7,768,000 | $7,761,000 | $2,450,000 |
| Payables And Accrued Expenses | $8,623,000 | $8,133,000 | $5,548,000 | $3,822,000 |
| Payables | $8,623,000 | $8,133,000 | $5,548,000 | $3,822,000 |
| Total Tax Payable | $0 | $2,842,000 | $228,000 | $1,049,000 |
| Income Tax Payable | $0 | $2,842,000 | $228,000 | $1,049,000 |
| Accounts Payable | $8,623,000 | $5,291,000 | $5,320,000 | $2,773,000 |
| Non Current Deferred Liabilities | - | - | - | $0 |
| Non Current Deferred Taxes Liabilities | - | - | - | $0 |
| Equity | ||||
| Common Stock Equity | $65,114,000 | $54,441,000 | $46,781,000 | $40,834,000 |
| Total Equity Gross Minority Interest | $65,114,000 | $54,441,000 | $46,781,000 | $40,834,000 |
| Stockholders Equity | $65,114,000 | $54,441,000 | $46,781,000 | $40,834,000 |
| Retained Earnings | $59,527,000 | $46,976,000 | $34,464,000 | $29,948,000 |
| Other | ||||
| Treasury Shares Number | $12,591,818 | $10,875,355 | $3,979,522 | $3,890,426 |
| Ordinary Shares Number | $67,180,527 | $68,770,856 | $76,891,689 | $76,458,146 |
| Share Issued | $79,772,345 | $79,646,211 | $80,871,211 | $80,348,572 |
| Tangible Book Value | $55,877,000 | $44,679,000 | $38,059,000 | $32,816,000 |
| Invested Capital | $100,271,000 | $92,551,000 | $90,186,000 | $89,410,000 |
| Working Capital | $22,898,000 | $15,679,000 | $14,785,000 | $14,161,000 |
| Capital Lease Obligations | $4,021,000 | $3,398,000 | $3,475,000 | $3,005,000 |
| Total Capitalization | $94,984,000 | $87,685,000 | $85,199,000 | $84,245,000 |
| Treasury Stock | $9,458,000 | $7,197,000 | $2,138,000 | $2,077,000 |
| Additional Paid In Capital | $14,247,000 | $13,866,000 | $13,647,000 | $12,160,000 |
| Capital Stock | $798,000 | $796,000 | $808,000 | $803,000 |
| Common Stock | $798,000 | $796,000 | $808,000 | $803,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $3,900,000 | $3,373,000 | $3,330,000 | $2,899,000 |
| Current Deferred Revenue | $7,218,000 | $7,768,000 | $7,761,000 | $2,450,000 |
| Current Capital Lease Obligation | $121,000 | $25,000 | $145,000 | $106,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $2,663,000 | $1,932,000 | $6,722,000 | $1,911,000 |
| Net PPE | $63,623,000 | $62,479,000 | $62,148,000 | $62,086,000 |
| Accumulated Depreciation | $-27,053,000 | $-24,331,000 | $-25,526,000 | $-22,778,000 |
| Gross PPE | $90,676,000 | $86,810,000 | $87,674,000 | $84,864,000 |
| Leases | $4,032,000 | $4,032,000 | $4,032,000 | $4,032,000 |
| Other Properties | $3,367,000 | $2,892,000 | $3,081,000 | $3,240,000 |
| Machinery Furniture Equipment | $21,955,000 | $21,873,000 | $19,428,000 | $16,743,000 |
| Buildings And Improvements | $49,753,000 | $48,190,000 | $47,867,000 | $40,962,000 |
| Land And Improvements | $3,447,000 | $4,224,000 | $4,751,000 | $4,751,000 |
| Construction In Progress | - | - | $0 | $6,417,000 |
| Minority Interest | - | - | - | $0 |
Cash Flow Statement (Annual)
| Metric | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $10,145,000 | $-1,202,000 | $14,427,000 | $1,599,000 |
| Operating Activities | ||||
| Operating Cash Flow | $18,404,000 | $7,538,000 | $20,937,000 | $11,178,000 |
| Cash Flow From Continuing Operating Activities | $18,404,000 | $7,538,000 | $20,937,000 | $11,178,000 |
| Operating Gains Losses | $-1,562,000 | $-5,659,000 | $-479,000 | $-2,076,000 |
| Investing Activities | ||||
| Capital Expenditure | $-8,259,000 | $-8,740,000 | $-6,510,000 | $-9,579,000 |
| Investing Cash Flow | $-5,415,000 | $-1,126,000 | $-5,936,000 | $-9,504,000 |
| Cash Flow From Continuing Investing Activities | $-5,415,000 | $-1,126,000 | $-5,936,000 | $-9,504,000 |
| Capital Expenditure Reported | $-8,259,000 | $-8,740,000 | $-6,510,000 | $-9,579,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-2,261,000 | $-5,059,000 | $-61,000 | $-168,000 |
| Financing Cash Flow | $-5,555,000 | $-10,617,000 | $-5,491,000 | $-11,209,000 |
| Cash Flow From Continuing Financing Activities | $-5,555,000 | $-10,617,000 | $-5,491,000 | $-11,209,000 |
| Net Common Stock Issuance | $-2,261,000 | $-5,059,000 | $-61,000 | $-168,000 |
| Net Other Financing Charges | - | - | - | $-7,659,000 |
| Other | ||||
| Repayment Of Debt | $-5,310,000 | $-5,558,000 | $-5,430,000 | $-4,644,000 |
| Issuance Of Debt | $2,016,000 | $0 | $0 | $1,262,000 |
| Interest Paid Supplemental Data | $2,201,000 | $2,454,000 | $2,752,000 | $2,684,000 |
| Income Tax Paid Supplemental Data | $7,697,000 | $2,075,000 | $2,536,000 | $2,265,000 |
| End Cash Position | $25,226,000 | $17,792,000 | $21,997,000 | $12,487,000 |
| Beginning Cash Position | $17,792,000 | $21,997,000 | $12,487,000 | $22,022,000 |
| Changes In Cash | $7,434,000 | $-4,205,000 | $9,510,000 | $-9,535,000 |
| Common Stock Payments | $-2,261,000 | $-5,059,000 | $-61,000 | $-168,000 |
| Net Issuance Payments Of Debt | $-3,294,000 | $-5,558,000 | $-5,430,000 | $-3,382,000 |
| Net Long Term Debt Issuance | $-3,294,000 | $-5,558,000 | $-5,430,000 | $-3,382,000 |
| Long Term Debt Payments | $-5,310,000 | $-5,558,000 | $-5,430,000 | $-4,644,000 |
| Long Term Debt Issuance | $2,016,000 | $0 | $0 | $1,262,000 |
| Net Business Purchase And Sale | $1,500,000 | $0 | - | - |
| Sale Of Business | $1,500,000 | $0 | - | - |
| Net PPE Purchase And Sale | $1,344,000 | $7,614,000 | $574,000 | $75,000 |
| Sale Of PPE | $1,344,000 | $7,614,000 | $574,000 | $75,000 |
| Change In Working Capital | $-82,000 | $-5,144,000 | $9,213,000 | $-5,833,000 |
| Change In Other Working Capital | $-392,000 | $-109,000 | $5,214,000 | $-5,032,000 |
| Change In Other Current Liabilities | $371,000 | $281,000 | $288,000 | $320,000 |
| Change In Payables And Accrued Expense | $690,000 | $-2,205,000 | $6,537,000 | $1,766,000 |
| Change In Accrued Expense | $731,000 | $-4,790,000 | $4,811,000 | $49,000 |
| Change In Payable | $-41,000 | $2,585,000 | $1,726,000 | $1,717,000 |
| Change In Account Payable | $3,332,000 | $-29,000 | $2,547,000 | $880,000 |
| Change In Tax Payable | $-3,373,000 | $2,614,000 | $-821,000 | $837,000 |
| Change In Income Tax Payable | $-3,373,000 | $2,614,000 | $-821,000 | $837,000 |
| Change In Prepaid Assets | $-77,000 | $1,838,000 | $-2,171,000 | $141,000 |
| Change In Inventory | $-1,402,000 | $-1,047,000 | $-75,000 | $-304,000 |
| Change In Receivables | $728,000 | $-3,902,000 | $-580,000 | $-2,724,000 |
| Changes In Account Receivables | $-91,000 | $-1,983,000 | $-157,000 | $-1,675,000 |
| Other Non Cash Items | $529,000 | - | $783,000 | $807,000 |
| Stock Based Compensation | $381,000 | $207,000 | $709,000 | $1,392,000 |
| Deferred Tax | $-157,000 | $-446,000 | $297,000 | $174,000 |
| Deferred Income Tax | $-157,000 | $-446,000 | $297,000 | $174,000 |
| Depreciation Amortization Depletion | $6,744,000 | $6,068,000 | $5,898,000 | $5,281,000 |
| Depreciation And Amortization | $6,744,000 | $6,068,000 | $5,898,000 | $5,281,000 |
| Gain Loss On Sale Of PPE | $-522,000 | $-5,659,000 | $-479,000 | $-75,000 |
| Gain Loss On Sale Of Business | $-1,040,000 | $0 | - | - |
| Net Income From Continuing Operations | $12,551,000 | $12,512,000 | $4,516,000 | $12,240,000 |