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
| Type | Public | |
| Founded | 1919 | |
| HQ | Mayfield Heights, US | Map |
| Website | ferro.com | |
| Employee Ratings | More |
Recent NewsAll News
- 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......
- Digital Ceramic Inks Global Market 2018: Key Players – Ferro Corporation, Torrecid Group, Colorobbia Holding S.P.A, Esmalglass-Itaca Grupo, Fritta
- Global Ferro Silicon Nitride Market 2019 Industry Key Players, Share, Trend, Segmentation, Analysis & Forecast To 2025
- Ferro Fluids Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025
Key People/Management at Ferro
Peter Thomas
President, CEO, Chairman
Ben Schlater
Vice President & Chief Financial Officer
Pepe Tortajada
Vice President, Human Resources
Mark Duesenberg
VP, General Counsel and Secretary
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
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
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 277.5m | 298.0m | 288.5m | 320.6m | 348.6m | 350.0m | 405.5m | 416.2m | 395.2m |
Cost of goods sold | 193.2m | 199.6m | 199.5m | 221.8m | 240.3m | 246.4m | 286.8m | 289.6m | 289.7m |
Gross profit | 84.2m | 98.4m | 89.0m | 98.8m | 108.3m | 103.6m | 118.7m | 126.6m | 105.5m |
Gross profit Margin, % | 30% | 33% | 31% | 31% | 31% | 30% | 29% | 30% | 27% |
Annual
| USD | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Cash | 58.4m | 45.6m | 63.6m |
Accounts Receivable | 232.0m | 259.7m | 354.4m |
Inventories | 184.9m | 229.8m | 324.2m |
Current Assets | 553.3m | 582.0m | 825.7m |
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 55.9m | 49.4m | 40.6m | 92.8m | 78.9m | 52.2m | 53.3m | 44.9m | 126.3m |
Accounts Receivable | 261.4m | 278.9m | 282.8m | 289.5m | 330.5m | 337.9m | 393.2m | 395.9m | 381.4m |
Inventories | 195.4m | 207.3m | 211.3m | 250.6m | 272.2m | 286.8m | 358.1m | 381.8m | 377.6m |
Current Assets | 588.5m | 601.8m | 579.0m | 681.4m | 736.2m | 746.5m | 886.9m | 914.8m | 982.6m |
Annual
| USD | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|
Net Income | 63.1m | (19.9m) | 57.8m |
Depreciation and Amortization | 41.1m | 46.8m | 50.1m |
Inventories | 6.6m | (10.3m) | (47.0m) |
Accounts Payable | (14.6m) | 1.2m | 26.2m |
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (9.7m) | 9.4m | 708.0k | 22.1m | 43.4m | 66.3m | 23.6m | 53.5m | 69.6m |
Depreciation and Amortization | 10.7m | 21.9m | 33.6m | 11.4m | 23.2m | 36.0m | 13.4m | 27.0m | 40.2m |
Inventories | (7.7m) | (17.7m) | (44.4m) | (17.1m) | (28.7m) | (31.4m) | (28.8m) | (65.4m) | (58.8m) |
Accounts Payable | 5.6m | 3.2m | (3.2m) | 8.2m | 14.1m | 581.0k | (7.1m) | (1.5m) | 11.1m |
| USD | Y, 2018 |
|---|---|
EV/CFO | 63.2 x |
Debt/Equity | 2.4 x |
Debt/Assets | 0.5 x |
Financial Leverage | 4.9 x |
Ferro Acquisitions / Subsidiaries
| Acquired Company | Date | Deal 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 |
Ferro Revenue Breakdown
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
February 11, 2019
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
January 21, 2019
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
January 21, 2019
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
December 05, 2018
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
December 05, 2018
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
November 30, 2018
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.