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.

Type
Public
HQ
Cicero, US
Founded
2007
Size (employees)
600 (est)
Website
bwen.com
Broadwind Energy was founded in 2007 and is headquartered in Cicero, US
Report incorrect company information

Key People/Management at Broadwind Energy

Stephanie Kushner

Stephanie Kushner

President and CEO
Eric Blashford

Eric Blashford

President
Daniel Schueller

Daniel Schueller

President
Show more

Broadwind Energy Office Locations

Broadwind Energy has offices in Sanford, Abilene, Manitowoc, Pittsburgh and in 1 other location
Cicero, US (HQ)
3240 S Central Ave
Abilene, US
300 Wall St
Abilene, US
1126 Arnold Blvd
Manitowoc, US
101 S 16th St
Pittsburgh, US
5100 Neville Rd
Sanford, US
1824 Boone Trail Rd
Show all (6)
Report incorrect company information

Broadwind Energy Financials and Metrics

Broadwind Energy Revenue

Embed Graph
Broadwind Energy's revenue was reported to be $146.79 m in FY, 2017
USD

Revenue (Q1, 2018)

30 m

Gross profit (Q1, 2018)

(17 k)

Gross profit margin (Q1, 2018), %

(0.1%)

Net income (Q1, 2018)

(4.8 m)

EBIT (Q1, 2018)

(4.5 m)

Market capitalization (11-Jul-2018)

37.4 m

Closing share price (11-Jul-2018)

2.4

Cash (30-Sep-2017)

41 k
Broadwind Energy's current market capitalization is $37.4 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

215.7 m241.3 m199.2 m180.8 m146.8 m

Revenue growth, %

12%(17%)(9%)

Cost of goods sold

198.4 m222.5 m191.3 m162.7 m138.6 m

Gross profit

17.3 m18.8 m7.9 m18.1 m8.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

62.4 m58.8 m68.4 m60.3 m51.1 m65.2 m49.8 m46.8 m43.4 m42.6 m56.1 m43.4 m29.6 m30 m

Cost of goods sold

56.8 m53.4 m59.2 m56.3 m50.3 m58 m47 m42.8 m39.2 m37.2 m49.7 m39.5 m28.6 m30 m

Gross profit

5.7 m5.4 m9.2 m4 m739 k7.2 m2.8 m4 m4.1 m5.3 m6.4 m3.9 m1 m(17 k)

Gross profit Margin, %

9%9%13%7%1%11%6%8%10%13%11%9%3%0%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

24.9 m12.1 m6.4 m18.7 m

Accounts Receivable

18.7 m20 m9.8 m11.9 m

Inventories

2.3 m1.8 m1.5 m21.2 m

Current Assets

86.3 m77.7 m52.6 m58.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

22.8 m9.6 m10.8 m17 m150 k509 k4.7 m9.7 m7.5 m8.1 m216 k182 k41 k

Inventories

32.6 m39.1 m36.3 m32.8 m45.9 m43.2 m34.1 m18.9 m21 m26.2 m25.8 m21.3 m15.4 m

Current Assets

83.3 m77.7 m76.7 m88.4 m70.2 m67.7 m64.4 m51 m52 m68.9 m52.4 m45.1 m27.2 m

PP&E

72.8 m67.8 m66.3 m64.3 m61.4 m58.7 m53.6 m51.5 m51.3 m51.8 m56 m57.4 m56.5 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(10.5 m)(6.2 m)(21.8 m)319 k

Depreciation and Amortization

14.9 m6.9 m

Inventories

(15 m)1.8 m1.5 m3.1 m

Accounts Payable

11.7 m18.5 m13.8 m989 k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

(2.5 m)(1 m)1.9 m(1.8 m)(5 m)1.6 m(7.6 m)(377 k)(474 k)872 k6.3 m(4.8 m)

Depreciation and Amortization

2.4 m2.4 m

Inventories

(5.3 m)(2.6 m)

Accounts Payable

20.5 m25 m22.2 m17.7 m(655 k)15.8 m15.7 m21.1 m19.5 m3 m
USDY, 2018

Revenue/Employee

49.9 k
Show all financial metrics
Report incorrect company information

Broadwind Energy Online and Social Media Presence

Embed Graph
Report incorrect company information

Broadwind Energy News and Updates

Wind Turbine Tower 2017 Global Market Key Players – Valmont SM, Broadwind Energy, Marmen – Analysis and Forecast to 2022

The report provides in depth study of “Wind Turbine Tower” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization Posted via Industry Today. Follow us on Twitter @IndustryToday
Report incorrect company information

Broadwind Energy Company Life and Culture

Report incorrect company information