Butler National (BUKS) Stock Price

Butler National Price

OTC·CLOSED
4.32USD-0.05 (-1.15 %)
Market closed

Over the last 19 years Butler National grew revenue by 9.4% annually, reaching 83.97 M USD. Earnings per share have grown at 18.8% per year over the last 19 years. For Butler National, the net margin of 14.9% is up versus 2.3% a few years ago. The stock trades about 192% above its 52-week low.

Butler National stock price

Volume
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Stock Price

How to Read This Chart

This chart tracks the historical stock price of Butler National over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Butler National stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Butler National's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Butler National Stock Price History
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Access this data via the Eulerpool API

Butler National Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
48.26 M USD
2.12 M USD
341,000.00 USD
Jan 1, 2019
58.71 M USD
5.28 M USD
3.85 M USD
Jan 1, 2020
65.87 M USD
8.31 M USD
4.23 M USD
Jan 1, 2021
61.48 M USD
5.90 M USD
1.43 M USD
Jan 1, 2022
71.52 M USD
16.13 M USD
10.37 M USD
Jan 1, 2023
75.18 M USD
8.65 M USD
4.52 M USD
Jan 1, 2024
78.38 M USD
13.24 M USD
12.51 M USD
Jan 1, 2025
83.97 M USD
16.83 M USD
12.55 M USD

Butler National Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 12, 2026, 10:04 AM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
2010201120122013201420152016201720182019202020212022202320242025
32.0046.0054.0050.0047.0047.0044.0050.0048.0058.0065.0061.0071.0075.0078.0083.00
77.7843.7517.39-7.41-6.00-6.3813.64-4.0020.8312.07-6.1516.395.634.006.41
50.0054.3540.7436.0034.0431.9131.8232.0033.3336.2141.5437.7049.3044.0042.3145.78
16.0025.0022.0018.0016.0015.0014.0016.0016.0021.0027.0023.0035.0033.0033.0038.00
2.001.001.001.003.004.001.0010.004.0012.0012.00
-50.0033.33-75.00900.00-60.00200.00
55.5056.1156.6059.0160.8962.2663.4763.4664.3964.5168.6274.1575.3476.4670.4467.84
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Butler National generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Butler National retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Butler National's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Butler National has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Butler National's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Butler National stock margins

The Butler National margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Butler National. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Butler National.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
33.58 %
4.40 %
0.71 %
Jan 1, 2019
36.47 %
8.99 %
6.56 %
Jan 1, 2020
41.70 %
12.61 %
6.43 %
Jan 1, 2021
38.99 %
9.60 %
2.33 %
Jan 1, 2022
49.11 %
22.55 %
14.50 %
Jan 1, 2023
45.06 %
11.51 %
6.01 %
Jan 1, 2024
43.26 %
16.89 %
15.96 %
Jan 1, 2025
45.31 %
20.04 %
14.95 %

Butler National Stock Revenue, EBIT, Earnings per Share

The Butler National earnings per share therefore indicates how much revenue Butler National has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
0.75 USD
0.03 USD
0.01 USD
Jan 1, 2019
0.91 USD
0.08 USD
0.06 USD
Jan 1, 2020
0.96 USD
0.12 USD
0.06 USD
Jan 1, 2021
0.83 USD
0.08 USD
0.02 USD
Jan 1, 2022
0.95 USD
0.21 USD
0.14 USD
Jan 1, 2023
0.98 USD
0.11 USD
0.06 USD
Jan 1, 2024
1.11 USD
0.19 USD
0.18 USD
Jan 1, 2025
1.24 USD
0.25 USD
0.19 USD

Butler National business model & stock analysis

Butler National Corp is a diversified American company based in Olathe, Kansas, that has been active in various industries for over 50 years. It was founded in 1968 by Clark Butler and has grown into an impressive company over time. The company operates multiple subsidiaries in various sectors, including aviation, construction engineering, telecommunications, and casino operations. Butler National has been listed on the NASDAQ exchange since 1989 and currently employs around 200 people. The history of Butler National has its roots in aviation. Butler National Aviation was founded in 1968 and began with aircraft maintenance and repair. Over time, the company acquired other aviation industry companies, including Avcon Industries and Professional Aircraft Accessories. Butler National Aviation is now a leading provider of maintenance and repair services for business aircraft, including the Learjet, Citation, and Gulfstream series. It has a fleet of service vehicles and mobile workshops to provide quick and effective support to customers throughout North America. However, the company has expanded its business scope and now operates a variety of other subsidiaries, including Butler National Telecom, BNBuilders, Butler National Service Corporation, and Butler National Gaming. Butler National Telecom offers telecommunications and IT solutions for businesses and public institutions. The company designs, installs, and maintains networks, IT infrastructure, and security systems. It has secured several important contracts with government agencies and companies and is recognized as an expert in this field. BNBuilders is a construction engineering company specializing in design-build projects. It provides comprehensive planning and construction services for commercial and public construction projects, from the design phase to completion. The company has demonstrated its expertise in carrying out complex, high-tech projects such as hospitals, airports, and research facilities. Butler National Service Corporation is a facility management company that offers services such as building management, catering, maintenance, and cleaning. It serves customers in various industries, including government agencies, healthcare, and retail. Butler National Gaming operates casinos in Kansas and California, offering gaming and entertainment options. The company aims to provide its customers with a good time while ensuring compliance with all applicable laws and regulations. Another core area of the company is the production of instruments and components for the aerospace industry. Subsidiary Butler Avionics manufactures various products such as autopilots, navigation devices, and other devices used in aircraft and spacecraft. Butler National Corp is a company with a proven track record and a broad portfolio of products and services. It has become a significant player in various industries through smart acquisitions and organic growth. The company takes pride in having a quality assurance philosophy that permeates all aspects of its business processes and is committed to providing excellent service to its customers.

Butler National SWOT Analysis

Strengths

Butler National Corp has a strong track record in the aviation industry, with over 50 years of experience. This extensive experience has allowed the company to develop a deep understanding of the market and establish valuable relationships with key stakeholders.

The company's diverse portfolio of aviation services, including aircraft maintenance and modification, FAA-compliant regulatory support, and professional pilot training, provides a competitive advantage. This broad range of offerings enables Butler National Corp to cater to the various needs of its clients and maintain multiple revenue streams.

Weaknesses

One weakness of Butler National Corp is its dependency on the aviation industry. This reliance makes the company vulnerable to fluctuations in the market, regulatory changes, and economic downturns. Any major disruptions in the aviation industry can significantly impact the company's financial performance.

Additionally, the company's limited geographical presence may restrict its growth opportunities. Operating primarily within the United States, Butler National Corp may miss out on potential customers and partnerships in international markets.

Opportunities

The growing demand for air travel presents an opportunity for Butler National Corp to expand its customer base and increase its market share. By capitalizing on this trend and offering high-quality aviation services, the company can attract new clients and strengthen its position in the industry.

Furthermore, advancements in technology, such as the development of unmanned aerial vehicles (UAVs) and electric aircraft, open up new avenues for growth. By investing in research and development and staying at the forefront of technological innovations, Butler National Corp can position itself as a leader in these emerging segments.

Threats

Intense competition within the aviation industry poses a threat to Butler National Corp. Competitors with larger resources and established market presence may offer similar services at lower prices, potentially jeopardizing the company's market share.

External factors, such as stringent regulatory requirements and geopolitical instability, can also pose challenges to the company's operations. Adapting to and complying with changing regulations may require significant investments and additional resources.

Butler National Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Butler National historical P/E ratio, EBIT multiple, and P/S ratio

Butler National annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Butler National shares outstanding

The number of shares of Butler National was 67.84 M in 2025. This indicates how many shares Butler National is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
64.39 M Stocks
Jan 1, 2019
64.51 M Stocks
Jan 1, 2020
68.62 M Stocks
Jan 1, 2021
74.15 M Stocks
Jan 1, 2022
75.34 M Stocks
Jan 1, 2023
76.46 M Stocks
Jan 1, 2024
70.44 M Stocks
Jan 1, 2025
67.84 M Stocks
Price targets and forecasts for Butler National are not yet available.

Butler National shareholder structure

% Name
11.05631%
Veradace Capital Management, L.L.C.
Veradace Capital Management, L.L.C.
11.05614%
Zeff Capital, L.P.
Zeff Capital, L.P.
6.47153%
Daly (Joseph Patrick)
Daly (Joseph Patrick)
6.26515%
EssigPR, Inc.
EssigPR, Inc.
6.10431%
Wagoner (R Warren)
Wagoner (R Warren)
3.60194%
Reedy (Christopher J)
Reedy (Christopher J)

Butler National Executives and Management Board

CR

Mr. Christopher Reedy

(59)

President, Chief Executive Officer, Secretary · since 2000

Compensation1.03 M USD
JY

Mr. Jeffrey Yowell

(57)

Executive Chairman of the Board · since 2024

Compensation110,333.00 USD
JD

Mr. Joseph Daly

(63)

Lead Independent Director

Compensation57,000.00 USD
LL

Lt. Gen. (Retd.) Michael Loh

(62)

Independent Director

Compensation45,000.00 USD
JB

Ms. Julie Bowen

(41)

Independent Director

Compensation2,247.00 USD

Frequently asked questions about Butler National

Butler National Corp operates as a diversified service company providing products and services to various industries. The company offers management services to aviation companies, including modifications, maintenance, and support for aircraft. In addition, Butler National Corp provides oil and gas products and services, including drilling and exploration services. The company also offers gaming solutions, focusing on casino management and consulting services. With its diversified business model, Butler National Corp caters to the aviation, oil and gas, and gaming industries, providing a wide range of products and services to meet their specific needs.