OverviewSuggest Edit

Ferro is a producer of specialty materials and chemicals that are sold to a range of manufacturers. The Company offers frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings. Its products are used in appliances, automobiles, building and renovation, electronics, household furnishings, industrial products, packaging, and sanitary applications. ... Show more
TypePublic
Founded1919
HQMayfield Heights, US
Websiteferro.com
Employee Ratings2.8

Latest Updates

Employees (est.) (Dec 2017)5,682(+11%)
Job Openings28
Revenue (FY, 2017)$1.4 B(+22%)
Share Price (Feb 2019)$17.4 (+3%)

Key People/Management at Ferro

Peter Thomas

Peter Thomas

President, CEO, Chairman
Ben Schlater

Ben Schlater

Vice President & Chief Financial Officer
Pepe Tortajada

Pepe Tortajada

Vice President, Human Resources
Mark Duesenberg

Mark Duesenberg

VP, General Counsel and Secretary
Julio Garcia

Julio Garcia

Vice President, Europe and Performance Coatings
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Ferro Office Locations

Ferro has offices in Mayfield Heights, King of Prussia, Orrville, Independence and in 59 other locations
Mayfield Heights, US (HQ)
6060 Parkland Blvd, Suite 250
Cleveland, US
4150 E 56th St
Edison, US
54 Kellogg Ct
Independence, US
7500 E Pleasant Valley Rd
King of Prussia, US
416 E Church Rd
Norcross, US
6369 Peachtree St
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Ferro Financials and Metrics

Ferro Revenue

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Ferro's revenue was reported to be $1.40 b in FY, 2017 which is a 22% increase from the previous period.
USD

Revenue (Q3, 2018)

395.2m

Gross profit (Q3, 2018)

105.5m

Gross profit margin (Q3, 2018), %

26.7%

Net income (Q3, 2018)

16.1m

Market capitalization (15-Feb-2019)

1.4b

Closing stock price (15-Feb-2019)

17.4

Cash (30-Sep-2018)

126.3m

EV

2.3b
Ferro's current market capitalization is $1.4 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

1.1b1.1b1.4b

Revenue growth, %

(3%)7%22%

Cost of goods sold

773.7m794.1m980.5m

Gross profit

301.7m351.2m416.2m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

277.5m298.0m288.5m320.6m348.6m350.0m405.5m416.2m395.2m

Cost of goods sold

193.2m199.6m199.5m221.8m240.3m246.4m286.8m289.6m289.7m

Gross profit

84.2m98.4m89.0m98.8m108.3m103.6m118.7m126.6m105.5m

Gross profit Margin, %

30%33%31%31%31%30%29%30%27%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

58.4m45.6m63.6m

Accounts Receivable

232.0m259.7m354.4m

Inventories

184.9m229.8m324.2m

Current Assets

553.3m582.0m825.7m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

55.9m49.4m40.6m92.8m78.9m52.2m53.3m44.9m126.3m

Accounts Receivable

261.4m278.9m282.8m289.5m330.5m337.9m393.2m395.9m381.4m

Inventories

195.4m207.3m211.3m250.6m272.2m286.8m358.1m381.8m377.6m

Current Assets

588.5m601.8m579.0m681.4m736.2m746.5m886.9m914.8m982.6m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

63.1m(19.9m)57.8m

Depreciation and Amortization

41.1m46.8m50.1m

Inventories

6.6m(10.3m)(47.0m)

Accounts Payable

(14.6m)1.2m26.2m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(9.7m)9.4m708.0k22.1m43.4m66.3m23.6m53.5m69.6m

Depreciation and Amortization

10.7m21.9m33.6m11.4m23.2m36.0m13.4m27.0m40.2m

Inventories

(7.7m)(17.7m)(44.4m)(17.1m)(28.7m)(31.4m)(28.8m)(65.4m)(58.8m)

Accounts Payable

5.6m3.2m(3.2m)8.2m14.1m581.0k(7.1m)(1.5m)11.1m
USDY, 2018

EV/CFO

63.2 x

Debt/Equity

2.4 x

Debt/Assets

0.5 x

Financial Leverage

4.9 x
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Ferro Operating Metrics

FY, 2015FY, 2016FY, 2017

Countries

32 32 34

Manufacturing Facilities

36 41 51
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Ferro Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
AL Salomi for Frits and Glazes
Cappelle Pigments NV
DC Ferro Co Ltd
Dip-Tech Digital Printing Technologies Ltd.
Endeka Ceramics, S.A.U.
Ernst Diegel Gmbh
ESFEL SA
ESL ElectroScience
Ferer Dis Ticaret Ve Kimyasallar AS
Ferro Argentina SA
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Ferro Revenue Breakdown

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Ferro revenue breakdown by business segment: 25.6% from Color Solutions, 31.8% from Performance Colors and Glass and 42.5% from Performance Coatings

Ferro revenue breakdown by geographic segment: 48.9% from Europe, 25.5% from United States, 11.5% from Latin America and 14.0% from Asia Pacific

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Ferro News and Updates

Ceramic Inks 2019 Global Market Key Players - Arrow Systems Inc., Xennia Technology, Vaanix Industries Pvt Ltd., Zschimmer & Schwarz Group, Electronics for Imaging, Inc., Colorobbia Espana S.A., Ferro Corporation......

Ceramic Inks – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Digital Ceramic Inks Global Market 2018: Key Players – Ferro Corporation, Torrecid Group, Colorobbia Holding S.P.A, Esmalglass-Itaca Grupo, Fritta

Digital Ceramic Inks -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024 Posted via Industry Today. Follow us on Twitter @IndustryToday

Global Ferro Silicon Nitride Market 2019 Industry Key Players, Share, Trend, Segmentation, Analysis & Forecast To 2025

Market Analysis Research Report On “Global Ferro Silicon Nitride Market 2019 Industry Growth, Size, Trends, Share, Opportunities And Forecast To 2025 ” To Their Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Ferro Fluids Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025

Persistence Market Research announced the addition of the “Ferro Fluids Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025" report to their offering. Posted via Industry Today. Follow us on Twitter @IndustryToday

Ferro Manganese Market Size, Share, Development by 2023

Ferro Manganese mainly has many applications, which include Deoxidizer, Alloying element additive and other. Deoxidizer is the main application, the production of Deoxidizer is 3795 K MT in 2016 and occupied 78.11% market share. Posted via Industry Today. Follow us on Twitter @IndustryToday

Valuable Foresights on How Ferro Aluminum Market will Grow During 2015 - 2025

Ferro Aluminum Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday
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Ferro Company Life and Culture

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Ferro Frequently Asked Questions

  • When was Ferro founded?

    Ferro was founded in 1919.

  • Who are Ferro key executives?

    Ferro's key executives are Peter Thomas, Ben Schlater and Pepe Tortajada.

  • How many employees does Ferro have?

    Ferro has 5,682 employees.

  • What is Ferro revenue?

    Latest Ferro annual revenue is $1.4 b.

  • What is Ferro revenue per employee?

    Latest Ferro revenue per employee is $245.8 k.

  • Who are Ferro competitors?

    Competitors of Ferro include Eastman Chemical Company, Huntsman Corporation and GuardTop.

  • Where is Ferro headquarters?

    Ferro headquarters is located at 6060 Parkland Blvd, Suite 250, Mayfield Heights.

  • Where are Ferro offices?

    Ferro has offices in Mayfield Heights, King of Prussia, Orrville, Independence and in 59 other locations.

  • How many offices does Ferro have?

    Ferro has 68 offices.