• Home
  •  / Art's Way Manufacturing

Art's Way Manufacturing

OverviewSuggest Edit

Art’s Way Manufacturing is a manufacturer of specialized agricultural equipment for the farming and livestock industries. Its product line includes grinder mixers, hay and forage equipment, sugar beet harvesters, land and soil grading equipment, grain processing systems, and other farm machinery. At Art’s Way employees work hard to provide outstanding service and support to its customers, from the central office staff to all Sales Representatives located across the U.S. and Canada. The Company offers superior equipment designed to meet the diverse needs of the farmer and rancher and knowledgeable employees.

TypePublic
Founded1956
HQArmstrong, USMap
Websiteartsway-mfg.com
View Jobs (1)

Recent NewsAll News

Latest Updates

Employees (est.) (Nov 2019)121(-5%)
Job Openings1
Revenue (FY, 2019)$22.9 M(+17%)
Share Price (Oct 2020)$2.5 (+3%)
Cybersecurity ratingBMore

Key People/Management at Art's Way Manufacturing

J. Ward McConnell

J. Ward McConnell

Vice Chairman of the Board of Directors,
Marc H. McConnell

Marc H. McConnell

Chairman of the Board, Director
Thomas E. Buffamante

Thomas E. Buffamante

Director
Joseph R. Dancy

Joseph R. Dancy

Director
Show more

Art's Way Manufacturing Office Locations

Art's Way Manufacturing has an office in Armstrong
Show all (1)

Art's Way Manufacturing Financials and Metrics

Art's Way Manufacturing Revenue

Embed Graph
View revenue for all periods
Art's Way Manufacturing's revenue was reported to be $22.89 m in FY, 2019
USD

Revenue (Q3, 2020)

6.5m

Gross profit (Q3, 2020)

924.9k

Gross profit margin (Q3, 2020), %

14.3%

Net income (Q3, 2020)

(423.6k)

EBIT (Q3, 2020)

(513.3k)

Market capitalization (16-Oct-2020)

11.3m

Closing stock price (16-Oct-2020)

2.5

Cash (31-Aug-2020)

4.2k

EV

17.1m
Art's Way Manufacturing's current market capitalization is $11.3 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

27.6m36.5m34.2m36.2m27.9m27.9m21.6m20.7m19.7m22.9m

Revenue growth, %

6%(23%)(23%)

Cost of goods sold

20.6m26.4m25.9m27.4m21.0m21.0m16.2m16.6m16.2m19.0m

Gross profit

7.0m10.0m8.4m8.7m7.0m7.0m5.3m4.1m3.5m3.9m
Quarterly
USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

9.3m6.3m11.7m11.5m8.4m9.3m9.4m6.2m9.5m11.6m7.3m7.8m6.9m6.4m5.7m6.4m4.4m4.7m6.5m5.4m5.3m5.3m4.1m5.7m5.5m5.0m5.4m6.5m

Cost of goods sold

6.5m4.8m8.5m8.1m6.0m6.7m7.6m4.9m7.1m8.9m5.2m5.6m5.6m4.7m4.2m5.2m3.3m3.9m5.1m4.2m4.2m4.1m3.5m4.8m4.5m4.0m4.5m5.5m

Gross profit

2.7m1.5m3.2m3.4m2.4m2.6m1.7m1.3m2.3m2.7m2.1m2.2m1.3m1.7m1.5m1.2m1.1m811.5k1.4m1.1m1.1m1.2m604.8k959.0k1.0m977.2k994.7k924.9k

Gross profit Margin, %

29%23%27%30%28%28%18%21%25%23%28%28%18%27%26%19%25%17%22%21%21%22%15%17%18%19%18%14%
show all
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

118.9k1.5m208.0k511.7k447.3k1.1m212.4k3.5k3.1k

Accounts Receivable

2.0m2.8m3.0m3.0m2.1m1.9m1.5m1.7m

Prepaid Expenses

198.9k309.8k242.1k125.2k59.3k275.8k125.1k70.9k

Inventories

13.2m14.3m14.9m15.1m15.7m13.5m12.0m10.3m8.8m
Quarterly
USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

213.9k316.5k290.7k335.8k3.6m2.1m1.4m85.9k250.4k237.1k902.0k601.7k643.5k629.3k267.5k501.1k750.8k212.8k393.3k92.8k3.6k4.9k3.2k4.4k5.0k3.3k2.9k4.2k

Accounts Receivable

3.3m3.1m7.4m6.2m2.7m2.4m2.5m2.4m3.3m5.0m2.8m2.9m1.9m2.8m1.5m2.7m1.5m1.9m2.4m1.8m2.1m2.1m1.7m2.7m2.5m2.7m2.2m1.7m

Prepaid Expenses

298.0k381.1k323.2k355.7k329.7k337.9k268.8k623.4k613.9k323.7k458.1k449.4k320.7k228.7k257.1k272.9k414.1k432.8k315.1k425.3k188.2k175.7k302.2k266.1k234.5k

Inventories

13.1m14.4m14.7m13.7m14.1m14.8m13.7m15.9m15.9m15.0m16.1m16.0m16.5m14.7m14.5m13.7m13.2m14.0m13.2m11.1m10.7m10.7m10.2m10.1m9.8m9.3m9.5m9.0m
show all
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

1.2m2.7m1.6m935.2k(557.8k)(1.4m)

Depreciation and Amortization

720.2k853.0k704.5k906.7k929.2k672.0k702.3k960.6k1.0m

Inventories

546.7k(130.6k)769.6k(166.8k)(609.8k)1.7m1.6m900.9k1.5m

Accounts Payable

(666.9k)312.6k151.9k68.4k(352.3k)(26.4k)203.8k128.4k403.3k
Quarterly
USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

826.0k193.5k1.1m2.1m819.3k1.3m1.4m(258.3k)(5.2k)553.1k168.2k399.8k(395.8k)81.0k24.4k(605.9k)(962.0k)(1.3m)(437.2k)(1.2m)(1.7m)

Depreciation and Amortization

560.9k190.7k377.6k634.0k199.0k370.0k558.3k213.0k441.2k633.1k229.5k459.4k692.7k202.0k409.6k516.9k170.8k342.4k516.6k189.7k408.8k681.9k289.1k549.3k774.1k227.5k459.4k648.1k

Inventories

(659.2k)1.1m(559.9k)435.5k201.1k(492.1k)(855.8k)(998.2k)(945.8k)103.5k(1.0m)(882.0k)(1.4m)1.0m1.2m1.5m296.0k(425.9k)348.9k898.2k437.3k489.2k48.4k151.8k494.2k(535.9k)(754.2k)(244.1k)

Accounts Payable

(309.9k)1.1m1.4m368.1k438.5k208.4k234.6k250.7k223.9k192.2k171.5k64.3k351.1k107.4k94.3k622.4k80.6k923.7k870.4k255.8k384.2k172.9k(7.6k)134.0k233.2k349.3k(8.1k)223.7k
show all
USDQ3, 2011

Debt/Equity

0.5 x

Debt/Assets

0.2 x

Financial Leverage

1.9 x
Show all financial metrics

Art's Way Manufacturing Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

Learn more about about our premium products
SecurityScorecard logo

Art's Way Manufacturing Online and Social Media Presence

Art's Way Manufacturing's Trends

Embed Graph

Art's Way Manufacturing News and Updates

July 10, 2019

Art's Way Manufacturing Announces Second Quarter And Year To Date Fiscal 2019 Financial Results

ARMSTRONG, Iowa, July 10, 2019 /PRNewswire/ -- Art's Way Manufacturing Co., Inc. (NASDAQ: ARTW), a diversified manufacturer and distributor of equipment serving agricultural, research and steel cutting needs, announces its financial results for the second quarter and year to date fiscal...

Art's Way Manufacturing Blogs

October 10, 2018

ART’S WAY MANUFACTURING ANNOUNCES FIRST QUARTER FISCAL 2018 FINANCIAL RESULTS

FOR IMMEDIATE RELEASE March 29, 2018                                                 ART’S WAY MANUFACTURING ANNOUNCES FIRST QUARTER FISCAL 2018 FINANCIAL RESULTS Conference Call Scheduled for March 30, 2018 ARMSTRONG, IOWA, March 29, 2018 – Art’s Way Manufacturing Co., Inc. (NASDAQ: ARTW), a divers…
October 10, 2018

ART’S WAY MANUFACTURING ANNOUNCES FISCAL 2017 FINANCIAL RESULTS

FOR IMMEDIATE RELEASE February 1, 2018                                                 ART’S WAY MANUFACTURING ANNOUNCES FISCAL 2017 FINANCIAL RESULTS Conference Call Scheduled for February 2, 2018 ARMSTRONG, IOWA, February 1, 2018 – Art’s Way Manufacturing Co., Inc. (NASDAQ: ARTW), a diversified, i…
October 10, 2018

ART’S WAY MANUFACTURING ANNOUNCES THIRD QUARTER AND YEAR TO DATE FISCAL 2017 FINANCIAL RESULTS

FOR IMMEDIATE RELEASE October 4, 2017                                                 ART’S WAY MANUFACTURING ANNOUNCES THIRD QUARTER AND YEAR TO DATE FISCAL 2017 FINANCIAL RESULTS Conference Call Scheduled for October 6, 2017 ARMSTRONG, IOWA, October 4, 2017 – Art’s Way Manufacturing Co., Inc. (NAS…
Show more

 Art's Way Manufacturing Frequently Asked Questions

  • When was Art's Way Manufacturing founded?

    Art's Way Manufacturing was founded in 1956.

  • Who are Art's Way Manufacturing key executives?

    Art's Way Manufacturing's key executives are J. Ward McConnell, Marc H. McConnell and Thomas E. Buffamante.

  • How many employees does Art's Way Manufacturing have?

    Art's Way Manufacturing has 121 employees.

  • What is Art's Way Manufacturing revenue?

    Latest Art's Way Manufacturing annual revenue is $22.9 m.

  • What is Art's Way Manufacturing revenue per employee?

    Latest Art's Way Manufacturing revenue per employee is $189.2 k.

  • Who are Art's Way Manufacturing competitors?

    Competitors of Art's Way Manufacturing include Darling Irrigation, Big Dutchman and Zimmerer Kubota.

  • Where are Art's Way Manufacturing offices?

    Art's Way Manufacturing has an office in Armstrong.

  • How many offices does Art's Way Manufacturing have?

    Art's Way Manufacturing has 1 office.