OverviewSuggest Edit

Core Molding Technologies is a manufacturer of sheet molding compound and molder of fiberglass reinforced plastics. The Company specializes in large-format moldings and offers a wide range of fiberglass processes, including compression molding of SMC, glass mat thermoplastics and bulk molding compounds, as well as spray-up, lay-up, resin transfer and vacuum resin transfer molding. Additionally, it offers liquid molding of dicyclopentadiene. Core serves a wide variety of markets, including the medium and heavy-duty truck, marine, automotive, and other commercial products. 

TypePublic
HQColumbus, US
Websitecoremt.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Dec 2018)2,190(+68%)
Revenue (FY, 2018)$269.5 M(+55%)
Share Price (Nov 2019)$2.9

Key People/Management at Core Molding Technologies

Kevin L. Barnett

Kevin L. Barnett

President and Chief Executive Officer
John P. Zimmer

John P. Zimmer

Ice President, Secretary, Treasurer and Chief Financial Officer
Show more

Core Molding Technologies Office Locations

Core Molding Technologies has offices in Columbus, Cincinnati, Gaffney, Winona and in 3 other locations
Columbus, US (HQ)
800 Manor Park Dr
Cincinnati, US
Cincinnati, OH, USA
Gaffney, US
24 Commerce Dr
Winona, US
1700 Wilkie Dr
Show all (7)

Core Molding Technologies Financials and Metrics

Core Molding Technologies Revenue

Embed Graph
View revenue for all periods
Core Molding Technologies's revenue was reported to be $269.49 m in FY, 2018
USD

Revenue (Q2, 2019)

81.2m

Gross profit (Q2, 2019)

8.5m

Gross profit margin (Q2, 2019), %

10.5%

Net income (Q2, 2019)

209.0k

EBIT (Q2, 2019)

1.3m

Market capitalization (15-Nov-2019)

24.3m

Closing stock price (15-Nov-2019)

2.9

Cash (30-Jun-2019)

533.0k

EV

62.8m
Core Molding Technologies's current market capitalization is $24.3 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2018

Revenue

143.4m162.5m144.1m175.2m199.1m174.9m269.5m

Revenue growth, %

22%14%(12%)

Cost of goods sold

113.5m136.6m120.6m145.0m162.8m147.0m242.3m

Gross profit

29.9m25.8m23.6m30.2m36.3m27.9m27.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

35.3m37.8m44.5m44.5m37.7m34.4m37.4m41.1m46.1m43.6m49.6m54.9m48.0m45.5m39.0m41.3m36.7m47.4m38.5m68.6m64.7m72.3m81.2m

Cost of goods sold

27.6m29.7m36.9m37.5m32.7m28.5m31.1m34.4m38.5m35.4m40.6m43.9m39.7m36.6m32.7m35.8m30.3m40.0m32.7m60.7m59.8m69.1m72.8m

Gross profit

7.7m8.2m7.6m7.0m5.0m5.9m6.4m6.6m7.6m8.1m9.0m11.0m8.3m8.9m6.3m5.6m6.5m7.4m5.8m7.9m4.9m3.1m8.5m

Gross profit Margin, %

22%22%17%16%13%17%17%16%16%19%18%20%17%19%16%14%18%16%15%12%8%4%10%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2018

Cash

4.6m7.8m2.3m2.3m8.9m28.3m1.9m

Accounts Receivable

22.0m14.6m22.1m34.4m36.9m19.6m45.5m

Prepaid Expenses

954.0k1.1m822.0k715.0k610.0k1.5m

Inventories

11.4m10.0m10.8m11.6m13.7m912.0k25.8m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

2.0m4.6m3.4m1.3m1.5m1.4m1.2m4.1m2.7m14.4m20.4m24.3m30.6m31.1m27.5m790.0k533.0k

Accounts Receivable

20.4m24.4m25.0m26.3m20.8m17.1m19.4m27.4m28.4m31.0m35.5m35.4m39.1m32.0m23.9m21.2m22.1m22.7m24.3m38.6m38.7m51.3m48.2m

Prepaid Expenses

1.1m936.2k836.0k1.7m1.2m1.2m1.1m783.0k1.2m1.0m549.0k1.2m1.0m1.2m1.6m1.7m8.4m8.1m4.5m4.4m

Inventories

10.6m10.5m12.4m12.6m12.0m9.3m9.9m10.2m10.9m10.9m12.5m12.8m12.6m11.7m12.1m12.8m19.7m22.6m26.1m24.0m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2018

Net Income

10.5m8.2m6.9m9.6m12.1m7.4m(4.8m)

Depreciation and Amortization

3.9m4.5m4.9m5.0m6.0m6.3m9.4m

Inventories

(3.0m)1.4m(862.0k)(808.0k)(1.4m)2.8m(5.8m)

Accounts Payable

2.2m(2.1m)2.3m(275.0k)2.1m(4.7m)7.8m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

5.1m8.0m2.6m5.0m6.1m1.7m5.2m2.1m4.6m7.1m3.2m7.2m9.7m2.9m4.4m5.4m1.7m3.8m4.7m963.0k(839.0k)(3.8m)(3.6m)

Depreciation and Amortization

2.0m2.9m1.2m2.4m3.5m1.2m3.7m1.4m2.7m3.9m1.4m2.9m4.5m1.6m3.1m4.7m1.6m3.2m4.8m4.7m7.1m2.6m5.2m

Inventories

(2.2m)(2.1m)(977.0k)(1.2m)(625.0k)715.0k100.0k637.0k(92.0k)(110.0k)(204.0k)(496.0k)(323.0k)690.0k1.5m2.4m(773.0k)(1.2m)(1.9m)700.0k(2.3m)(350.0k)1.8m

Accounts Payable

1.1m1.9m1.6m3.4m16.0k2.6m1.1m2.1m119.0k295.0k2.5m1.5m2.1m(3.8m)(4.8m)(3.5m)1.6m2.8m3.1m8.9m13.3m7.4m(1.4m)
USDY, 2019

EV/EBIT

49.5 x

EV/CFO

19 x

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

2.1 x
Show all financial metrics

Core Molding Technologies Online and Social Media Presence

Embed Graph

Core Molding Technologies News and Updates

Global Low Density SMC Market 2013-2018 & 2019-2024 - Leading Players are Core Molding Technologies, Continental Structural Plastics, IDI Composites International, Polynt, Premix, and Menzolit

DUBLIN, July 2, 2019 /PRNewswire/ -- The "Low Density SMC Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering. The global low density SMC market is expected to grow with a CAGR of 8.4% from 2019 to 2024. The future of the...

Core Molding Technologies Reports First Quarter 2019 Results

COLUMBUS, Ohio, May 7, 2019 /PRNewswire/ -- Core Molding Technologies, Inc. (NYSE American: CMT) ("Core Molding", "Core" or the "Company") today announced results for the first quarter ended March 31, 2019. Strong sales growth continued in the first quarter of 2019, led by increased...

Core Molding Technologies Appoints Executive Vice President Of Human Resources

COLUMBUS, Ohio, Jan. 7, 2019 /PRNewswire/ -- Core Molding Technologies, Inc. (NYSE American: CMT) announced today that Renee Anderson, SPHR has been appointed Executive Vice President of Human Resources effective January 7, 2019. "Renee's experience in helping organizations implement...

Core Molding Technologies Appoints New Vice President Of Operations

COLUMBUS, Ohio, Sept. 19, 2019 /PRNewswire/ -- Core Molding Technologies, Inc. (NYSE MKT: CMT) announced today that Eric L. Palomaki has been appointed Vice President of Operations effective September 19, 2019. "Eric's experience leading multi-plant operations in the automotive and...

Core Molding Technologies Reports Second Quarter 2018 Results

COLUMBUS, Ohio, Aug. 8, 2018 /PRNewswire/ -- Core Molding Technologies, Inc. (NYSE American: CMT) ("Core Molding" or the "Company") today announced results for the second quarter ended June 30, 2018. The Company recorded significant sales growth in the second quarter and the first half of ...

Core Molding Technologies Frequently Asked Questions

  • Who are Core Molding Technologies key executives?

    Core Molding Technologies's key executives are Kevin L. Barnett and John P. Zimmer.

  • How many employees does Core Molding Technologies have?

    Core Molding Technologies has 2,190 employees.

  • What is Core Molding Technologies revenue?

    Latest Core Molding Technologies annual revenue is $269.5 m.

  • What is Core Molding Technologies revenue per employee?

    Latest Core Molding Technologies revenue per employee is $123.1 k.

  • Who are Core Molding Technologies competitors?

    Competitors of Core Molding Technologies include LG Chem, PTM&W Industries and IDI Composites International.

  • Where is Core Molding Technologies headquarters?

    Core Molding Technologies headquarters is located at 800 Manor Park Dr, Columbus.

  • Where are Core Molding Technologies offices?

    Core Molding Technologies has offices in Columbus, Cincinnati, Gaffney, Winona and in 3 other locations.

  • How many offices does Core Molding Technologies have?

    Core Molding Technologies has 7 offices.