OverviewSuggest Edit

Broadwind Energy is a precision manufacturer of structures, equipment and components for clean tech and other specialized applications. The Company operates through two segments: Towers and Weldments, and Gearing. The Company's Towers and Weldments segment manufactures towers for wind turbines, specifically the large and heavier wind towers that are designed for multiple megawatt wind turbines. The Company's Gearing segment engineers, builds and remanufactures precision gears and gearing systems for oil and gas, wind energy, mining, steel and other industrial applications.

TypePublic
Founded2007
HQCicero, US
Websitebwen.com
Employee Ratings2.9

Latest Updates

Employees (est.) (Dec 2019)521(+23%)
Job Openings23
Revenue (FY, 2019)$178.2 M(+43%)
Share Price (Oct 2020)$4.4 (+4%)
Cybersecurity ratingCMore

Key People/Management at Broadwind Energy

Eric Blashford

Eric Blashford

Chief Operating Officer
Wayne Hanna

Wayne Hanna

President of Brad Foote Gear Works, Inc.
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Broadwind Energy Office Locations

Broadwind Energy has offices in Cicero, Abilene, Manitowoc, Pittsburgh and in 1 other location
Cicero, US (HQ)
3240 S Central Ave
Abilene, US
1126 Arnold Blvd
Abilene, US
300 Wall St
Manitowoc, US
101 S 16th St
Pittsburgh, US
5100 Neville Rd
Sanford, US
1824 Boone Trail Rd
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Broadwind Energy Financials and Metrics

Broadwind Energy Revenue

Broadwind Energy's revenue was reported to be $178.22 m in FY, 2019
USD

Revenue (Q2, 2020)

54.9m

Net income (Q2, 2020)

529.0k

EBIT (Q2, 2020)

1.0m

Market capitalization (16-Oct-2020)

75.0m

Closing stock price (16-Oct-2020)

4.4

Cash (30-Jun-2020)

2.1m

EV

118.7m
Broadwind Energy's current market capitalization is $75 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

185.9m210.7m215.7m241.3m199.2m180.8m146.8m125.4m178.2m

Revenue growth, %

12%(17%)(9%)

Cost of goods sold

178.5m202.3m198.4m222.5m191.3m162.7m138.6m

Gross profit

7.3m8.5m17.3m18.8m7.9m18.1m8.2m
Quarterly
USDQ2, 2011Q3, 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, 2020

Revenue

39.3m47.9m54.4m56.3m55.0m45.5m51.4m60.9m58.8m68.4m60.3m51.1m65.2m49.8m46.8m43.4m42.6m56.1m43.4m29.6m30.0m36.8m31.4m41.7m41.2m46.1m48.6m54.9m

Cost of goods sold

36.4m47.1m51.8m54.2m52.1m42.9m47.6m55.1m53.4m59.2m56.3m50.3m58.0m47.0m42.8m39.2m37.2m49.7m39.5m28.6m30.0m

Gross profit

2.9m801.0k2.6m2.1m2.9m2.6m3.8m5.7m5.4m9.2m4.0m739.0k7.2m2.8m4.0m4.1m5.3m6.4m3.9m1.0m(17.0k)

Gross profit Margin, %

7%2%5%4%5%6%7%9%9%13%7%1%11%6%8%10%13%11%9%3%0%
USDQ2, 2011

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.5 x
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Broadwind Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Broadwind Energy Online and Social Media Presence

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Broadwind Energy News and Updates

Broadwind Energy Announces Q3 2019 Results

CICERO, Ill., Oct. 29, 2019 (GLOBE NEWSWIRE) -- Highlights:

Broadwind Energy Names Daniel E. Schueller as President of Towers and Heavy Fabrications

CICERO, Ill., April 29, 2019 (GLOBE NEWSWIRE) -- Broadwind Energy, Inc. (NASDAQ: BWEN) today announced that Daniel E. Schueller, has been named President of Towers and Heavy Fabrications, effective May 1. Schueller, 56, currently serves as the President of the Gearing segment, Brad Foote Gear Work…

Broadwind Energy Announces $19.5 Million Tower Order

CICERO, Ill., April 22, 2019 (GLOBE NEWSWIRE) -- Broadwind Energy (NASDAQ:BWEN) today announced the receipt of a $19.5 million tower order for production in its Manitowoc, WI tower plant beginning later this year. 
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Broadwind Energy Frequently Asked Questions

  • When was Broadwind Energy founded?

    Broadwind Energy was founded in 2007.

  • Who are Broadwind Energy key executives?

    Broadwind Energy's key executives are Eric Blashford and Wayne Hanna.

  • How many employees does Broadwind Energy have?

    Broadwind Energy has 521 employees.

  • What is Broadwind Energy revenue?

    Latest Broadwind Energy annual revenue is $178.2 m.

  • What is Broadwind Energy revenue per employee?

    Latest Broadwind Energy revenue per employee is $342.1 k.

  • Who are Broadwind Energy competitors?

    Competitors of Broadwind Energy include Far East Smart Energy, Moventas and SEC Energy Products & Services.

  • Where is Broadwind Energy headquarters?

    Broadwind Energy headquarters is located at 3240 S Central Ave, Cicero.

  • Where are Broadwind Energy offices?

    Broadwind Energy has offices in Cicero, Abilene, Manitowoc, Pittsburgh and in 1 other location.

  • How many offices does Broadwind Energy have?

    Broadwind Energy has 6 offices.