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Butler National Corporation

Butler National Corporation

BUKS
Butler National CorporationUS flagOther OTC
4.25
USD
-0.06
- -
339.99MMarket Cap
Butler National Corporation
BUKS
(Other OTC)

Recent

price

4.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.59
0.83
0.93
0.83
0.78
0.76
0.72
0.8
0.75
0.91
0.96
0.83
0.95
0.98
1.11
1.24
1.41
Revenue per Share
0.05
0.02
0.03
- -
- -
- -
- -
0.02
0.01
0.06
0.06
0.02
0.14
0.06
0.18
0.19
0.3
Basic EPS, GAAP
0.17
0.05
0.03
0.05
0.08
0.09
0.04
0.09
0.1
0.15
0.15
0.18
0.15
0.27
0.11
0.27
0.36
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.1
0.12
0.15
0.15
0.14
0.14
0.14
0.16
0.17
0.23
0.28
0.27
0.41
0.46
0.68
0.89
1.18
Book Value per Share
0.26
0.29
0.37
0.33
0.34
0.31
0.32
0.35
0.35
0.43
0.46
0.45
0.44
0.5
0.63
0.82
1.02
Tangible Book Value per Share
55
56
57
59
61
62
62
63
64
65
69
74
75
76
70
68
65
Basic Weighted Avg Shares
33
46
53
49
47
47
45
51
48
59
66
61
72
75
78
84
92
Sales/Revenue/Turnover
14.13
6.1
10.41
3.06
4.06
2.8
1.39
6.91
4.4
12.39
12.61
9.6
22.55
11.51
16.89
20.04
27.63
Operating Margin (%)
1
2
2
4
4
4
4
3
3
3
6
6
5
6
6
7
7
Depreciation Expense
3
1
2
- -
- -
- -
- -
2
- -
4
4
1
10
5
13
13
20
Net Income, GAAP
0.32
48.21
17.37
- -
6.03
14.27
10.24
24.92
30.07
19.57
29.13
11.23
21.11
30.81
25.33
24.93
24.71
Effective Tax Rate (%)
8.87
2.72
3.6
-0.3
0.24
0.06
0.05
3.03
0.71
6.56
6.43
2.33
14.5
6.01
15.96
14.95
21.45
Profit Margin (%)
9
9
11
6
6
6
6
7
8
13
19
17
14
15
16
23
31
Working Capital
4
5
9
10
7
7
5
3
2
4
45
43
46
42
37
34
29
LT Debt
16
18
23
24
24
25
26
28
29
34
38
41
41
47
54
65
76
Total Equity
20.26
6.23
15.02
- -
4.73
3.1
1.51
7.03
4.13
15.57
9.25
5.91
13.88
6.41
10.27
12.45
17.72
Return on Invested Capital (%)
27.83
11.53
2.64
- -
4.03
0.85
-1.43
4.39
-1.52
9.33
16.74
4.32
13.49
7.8
16.73
15.03
20.32
Return on Capital (%)
69.97
20.27
24.37
-1.7
1.29
0.31
0.27
15.98
3.23
30.4
25.24
7.29
40.56
13.68
30.13
23.22
29.48
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jul'26
Oct'26
Jan'26
ST Debt
5
6
5
LT Borrowings
29
27
26
LT Finance Leases
4
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
65
64
64
Market Capitalization
110
159
196

Working Capital

FRC

•

in mil. unless spec.
Jul'26
Oct'26
Jan'26
Total Current Assets
55
53
66
Cash, Cash Equivalents & STI
33
30
36
Accounts Receivable, Net
8
8
12
Inventories
11
11
12
Total Current Liabilities
33
27
35
Payables & Accruals
18
11
20
ST Debt
5
6
5
Deferred Revenue
6
8
8

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.07%
11.73%
19.6%
Free Cash Flow
33.95%
36.9%
144.15%
Net Income, GAAP
792.09%
135.66%
0.31%
Sales/Revenue/Turnover
6.35%
5.23%
7.13%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17
20
19
23
78
2025
20
21
21
22
84
2026
20
23
27
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.07
0.03
- -
0.18
2025
0.03
0.05
0.05
- -
0.19
2026
0.06
0.09
0.1
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Butler National Corporation operates primarily in the Aerospace and Professional Services industries, specializing in the design, manufacture, and service of aviation-related products and gaming management services. Its Aerospace segment offers systems integration, engineering, manufacturing, installation, service, overhaul, and repair of aircraft and aircraft-related products, including aerial surveillance products; aerodynamic enhancement products; standby instrument systems; Avcon stability-enhancing fins; ADS-B transponder systems; cargo and sensor-carrying pods and radomes; electronic navigation instruments, radios, and transponders; Garmin flight displays and GPS systems; Collins avionics, sensors, and displays; electrical systems and switching equipment; crew workstations and mission systems; vertical accelerometers and rate gyros; provisions for carrying external stores; and attitude and heading reference systems. The company also provides special mission electronics such as cabling, electronic control systems, hangfire override modules, test equipment, and gun control units for military helicopters and vehicles. In addition, Butler National manufactures electronic switching units extensively used in commercial aviation and offers custom wiring harnesses and electronic signal cabling for ruggedized systems. The company operates through two main business segments: Aerospace Products, which services commercial and defense aircraft worldwide, and Professional Services, which manages gaming and entertainment facilities such as the Boot Hill Casino and Resort in Dodge City, Kansas. Butler National was established in 1960 through a merger and is headquartered in New Century, Kansas. Recent major changes include the acquisition of KC Machine in 2023, which enhanced its manufacturing fabrications capabilities and provided synergy with its Avcon subsidiary's aircraft modification activities. The company opened a new parts fabrication facility and expanded stocking and expedited fabrication of key aerospace components in 2025. It has invested in product development resulting in new FAA Supplemental Type Certificate approvals, including non-halon portable fire extinguishers for Learjets and advancements in gun control housings and tooling for its minigun products. The company has also actively repurchased shares under a new $5 million stock repurchase program authorized through 2027 to maximize shareholder value. Operational adjustments following a hangar incident in mid-2025 included repairing the damaged facility and refining installation projects, such as the King Air B300 airplane door expansion. Butler National serves OEMs, contractors, government agencies, and commercial aviation markets across North America, with strategic operations that integrate aerospace engineering, manufacturing, and professional gaming management services under one corporate entity. Its leadership continues to focus on optimizing production efficiency and expanding its product portfolio to enhance long-term revenue growth and profitability.

Company News

APIChatGPT

  • prnewswire.com

    BUTLER NATIONAL ANNOUNCES CEO TRANSITION AND LEADERSHIP SUCCESSION PLAN

  • prnewswire.com

    AVCON RECEIVES FAA SUPPLEMENTAL TYPE CERTIFICATES FOR SPECIAL MISSION BOMBARDIER CHALLENGER 604, 605, AND 650 PLATFORMS

  • seekingalpha.com

    Butler National: From Gambling To Strong Aerospace Buy (Upgrade)

  • defenseworld.net

    Short Interest in Butler National (OTCMKTS:BUKS) Expands By 90.3%

  • prnewswire.com

    AVCON RECEIVES FAA APPROVAL FOR CESSNA CARAVAN SINGLE CAMERA PORT

  • seekingalpha.com

    Butler National Corporation (BUKS) Q3 2026 Earnings Call Transcript

  • prnewswire.com

    BUTLER NATIONAL CORPORATION ANNOUNCES THIRD QUARTER 2026 FINANCIAL RESULTS

  • defenseworld.net

    Comparing EVE (NYSE:EVEX) & Butler National (OTCMKTS:BUKS)

  • seekingalpha.com

    Butler National: The Strangest Aerospace Stock And Why It's Still A Buy

  • defenseworld.net

    Reviewing Butler National (OTCMKTS:BUKS) and Lockheed Martin (NYSE:LMT)

  • defenseworld.net

    Head-To-Head Contrast: Archer Aviation (NYSE:ACHR) and Butler National (OTCMKTS:BUKS)

  • seekingalpha.com

    Butler National Corporation (BUKS) Q2 2026 Earnings Call Transcript

  • prnewswire.com

    BUTLER NATIONAL CORPORATION ANNOUNCES SECOND QUARTER 2026 FINANCIAL RESULTS

  • defenseworld.net

    New Horizon Aircraft (NASDAQ:HOVR) versus Butler National (OTCMKTS:BUKS) Financial Analysis

  • defenseworld.net

    Head-To-Head Comparison: Lockheed Martin (NYSE:LMT) vs. Butler National (OTCMKTS:BUKS)

  • prnewswire.com

    BUTLER/AVCON NON-HALON AIRCRAFT FIRE EXTINGUISHERS EASA AND CAA APPROVED

  • seekingalpha.com

    Butler National Stock Hits Target: Here's Why I'm Staying Bullish

  • prnewswire.com

    BUTLER NATIONAL - TEMPE EARNS NORTHROP GRUMMAN SILVER AWARD FOR QUARTERLY PERFORMANCE

  • prnewswire.com

    AVCON INDUSTRIES ACQUIRES FAA STC-APPROVED INSTALLATION OF NON-HALON AIRCRAFT FIRE EXTINGUISHERS IN LEARJETS

  • seekingalpha.com

    Butler National: Overlooked Aerospace Company At A Cheap Multiple