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BUKS Stock Analysis - BUTLER NATIONAL CORP AI Rating

BUKS OTC Services-Miscellaneous Amusement & Recreation DE CIK: 0000015847
Recently Updated • Analysis: Mar 21, 2026 • SEC Data: 2026-01-31
AI Rating
BUY
78% Confidence

📊 BUKS Key Takeaways

Revenue: $70.3M
Net Margin: 23.3%
Free Cash Flow: $19.8M
Current Ratio: 1.88x
Debt/Equity: 0.34x
EPS: $0.25
AI Rating: BUY with 78% confidence

Investment Thesis

Butler National demonstrates strong fundamental health with robust profitability metrics (23.3% net margin, 29.9% operating margin) and healthy cash generation (19.8M free cash flow on 70.3M revenue). The company maintains a solid balance sheet with moderate leverage (0.34x debt/equity) and strong liquidity (1.88x current ratio), supported by substantial cash reserves of 36.5M.

BUKS Strengths

  • + Excellent profitability with net margin of 23.3% and operating margin of 29.9%
  • + Strong free cash flow generation at 19.8M (28.1% FCF margin) provides financial flexibility
  • + Conservative capital structure with 0.34x debt/equity ratio and 14.0x interest coverage
  • + Solid liquidity position with 1.88x current ratio and 36.5M cash reserves
  • + Positive revenue growth of 7.1% year-over-year with EPS growth of 5.6%
  • + High returns on equity (21.5%) and assets (11.6%) demonstrate efficient capital deployment

BUKS Risks

  • ! Modest revenue growth rate of 7.1% may indicate limited expansion opportunities in the amusement and recreation sector
  • ! Relatively small market capitalization as OTC-listed company may limit liquidity and institutional interest
  • ! Dependence on discretionary consumer spending in amusement/recreation sector creates economic cycle vulnerability

Key Metrics to Watch

BUKS Financial Metrics

Revenue
$70.3M
Net Income
$16.4M
EPS (Diluted)
$0.25
Free Cash Flow
$19.8M
Total Assets
$141.0M
Cash Position
$36.5M

💡 AI Analyst Insight

The 28.1% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.

BUKS Profitability Ratios

Gross Margin 34.5%
Operating Margin 29.9%
Net Margin 23.3%
ROE 21.5%
ROA 11.6%
FCF Margin 28.1%

BUKS vs Default Sector

How BUTLER NATIONAL CORP compares to Default sector averages

Net Margin
BUKS 23.3%
vs
Sector Avg 12.0%
BUKS Sector
ROE
BUKS 21.5%
vs
Sector Avg 15.0%
BUKS Sector
Current Ratio
BUKS 1.9x
vs
Sector Avg 1.8x
BUKS Sector
Debt/Equity
BUKS 0.3x
vs
Sector Avg 0.7x
BUKS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

BUKS Balance Sheet & Liquidity

Current Ratio
1.88x
Quick Ratio
1.54x
Debt/Equity
0.34x
Debt/Assets
45.8%
Interest Coverage
13.97x
Long-term Debt
$25.6M

BUKS 5-Year Financial Trend

BUKS 5-year financial data: Year 2021: Revenue $65.9M, Net Income $4.2M, EPS $0.06. Year 2022: Revenue $73.5M, Net Income $1.4M, EPS $0.02. Year 2023: Revenue $75.2M, Net Income $10.4M, EPS $0.14. Year 2024: Revenue $78.4M, Net Income $4.5M, EPS $0.06. Year 2025: Revenue $84.0M, Net Income $12.5M, EPS $0.18.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: BUTLER NATIONAL CORP's revenue has grown significantly by 27% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.18 reflects profitable operations.

BUKS Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
28.1%
Free cash flow / Revenue

BUKS Quarterly Performance

Quarterly financial performance data for BUTLER NATIONAL CORP including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $21.2M $2.2M $0.05
Q2 2026 $21.4M $2.2M $0.05
Q1 2026 $19.8M $2.2M $0.03
Q3 2025 $19.0M $2.4M $0.03
Q2 2025 $19.6M $3.6M $0.05
Q1 2025 $17.2M N/A $0.01
Q3 2024 $19.0M N/A $0.03
Q2 2024 $19.3M N/A $0.03

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

BUKS Capital Allocation

Operating Cash Flow
$24.5M
Cash generated from operations
Stock Buybacks
$5.5M
Shares repurchased (TTM)
Capital Expenditures
$4.7M
Investment in assets
Dividends
None
No dividend program

BUKS SEC Filings

Access official SEC EDGAR filings for BUTLER NATIONAL CORP (CIK: 0000015847)

📋 Recent SEC Filings

Date Form Document Action
Mar 19, 2026 4 xslF345X06/primary_doc.xml View →
Mar 18, 2026 4 xslF345X06/wk-form4_1773871189.xml View →
Mar 18, 2026 4 xslF345X06/wk-form4_1773871037.xml View →
Mar 18, 2026 4 xslF345X06/wk-form4_1773866925.xml View →
Mar 12, 2026 8-K buks-20260312.htm View →

Frequently Asked Questions about BUKS

What is the AI rating for BUKS?

BUTLER NATIONAL CORP (BUKS) has an AI rating of BUY with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are BUKS's key strengths?

Excellent profitability with net margin of 23.3% and operating margin of 29.9%. Strong free cash flow generation at 19.8M (28.1% FCF margin) provides financial flexibility.

What are the risks of investing in BUKS?

Modest revenue growth rate of 7.1% may indicate limited expansion opportunities in the amusement and recreation sector. Relatively small market capitalization as OTC-listed company may limit liquidity and institutional interest.

What is BUKS's revenue and growth?

BUTLER NATIONAL CORP reported revenue of $70.3M.

Does BUKS pay dividends?

BUTLER NATIONAL CORP does not currently pay dividends.

Where can I find BUKS SEC filings?

Official SEC filings for BUTLER NATIONAL CORP (CIK: 0000015847) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BUKS's EPS?

BUTLER NATIONAL CORP has a diluted EPS of $0.25.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2026-01-31 | Powered by Claude AI