OverviewSuggest Edit
Ferro is a producer of specialty materials and chemicals that are sold to a range of manufacturers. It offers frits, porcelain, and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings. Ferro's products are used in appliances, automobiles, building and renovation, electronics, household furnishings, industrial products, packaging, and sanitary applications.
| Type | Public | |
| Founded | 1919 | |
| HQ | Mayfield Heights, OH, US | Map |
| Website | ferro.com | |
| Employee Ratings | More | |
| Overall Culture | C+ | More |
Recent NewsAll News
- Worldwide Ferroalloys Industry to 2028 - Featuring Jindal, Glencore and Ferro Alloys Among Others
- Worldwide PVC Pipes Industry to 2026 - Featuring Hebei Bosoar Pipe, Pipelife Austria and Plasticos Ferro Among Others
- Ferro Corp. (FOE) falls -0.2320% for June 10
- Monteverde & Associates PC Announces an Investigation of Ferro Corp
Key People/Management at Ferro
Peter Thomas
Chairman, President, Chief Executive Officer
Ben Schlater
Group Vice President, Chief Financial Officer
Mark Duesenberg
Vice President, General Counsel and Secretary
Barry Misquitta
Chief Commercial Officer
Matthias Bell
Group Vice President, Global Operations
Ferro Office Locations
Ferro has offices in Mayfield Heights, Cleveland, Edison, Independence and in 39 other locations
Mayfield Heights, OH, US (HQ)
6060 Parkland Blvd #250
Cleveland, OH, US
4150 E 56th St
Edison, NJ, US
54 Kellogg Ct
Independence, OH, US
7500 E Pleasant Valley Rd
King of Prussia, PA, US
416 E Church Rd
Norcross, GA, US
6369 Peachtree St
Ferro Financials and Metrics
Ferro Revenue
Ferro's revenue was reported to be $958.95 m in FY, 2020 which is a 5.8% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2021) | 288.4m |
Gross profit (Q1, 2021) | 95.1m |
Gross profit margin (Q1, 2021), % | 33% |
Net income (Q1, 2021) | 108.4m |
Market capitalization (12-Nov-2021) | 1.8b |
Closing stock price (12-Nov-2021) | 21.4 |
Cash (31-Mar-2021) | 128.4m |
EV | 2.0b |
Ferro's current market capitalization is $1.8 b.
Annual
Annual
Annual
| USD | FY, 2018 |
|---|---|
EV/CFO | 11.1 x |
Revenue/Employee | 266.1k |
Debt/Equity | 2.1 x |
Debt/Assets | 0.5 x |
Financial Leverage | 4.7 x |
P/E Ratio | 16.7 |
Ferro Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Quimicer, S.A. | October 01, 2018 | $37.4 m |
| UWiZ Technology Co., Ltd. | September 25, 2018 | $26.9 m |
| Ernst Diegel Gmbh | August 31, 2018 | $14 m |
| MRA Laboratories, Inc. | July 12, 2018 | $16 m |
| PT Ferro Materials Utama | June 29, 2018 | $2.7 m |
| Endeka Group | October 02, 2017 | $84 m |
| Gardenia Química | August 03, 2017 | |
| Dip-Tech | August 02, 2017 | $77 m |
| Smalti per Ceramiche, s.r.l. | April 24, 2017 | |
| S.P.C. Group s.r.l. | April 24, 2017 |
Ferro Revenue Breakdown
Ferro revenue breakdown by business segment: 36.6% from Color Solutions and 63.4% from Functional Coatings
Ferro revenue breakdown by geographic segment: 35.6% from United States, 41.3% from EMEA, 14.7% from Asia Pacific and 8.4% from Latin America
Ferro Cybersecurity Score
Ferro Environment, Social & Governance (ESG) Ratings
Ferro Online and Social Media Presence
Ferro's Trends
Ferro Company Culture
Overall Culture
C+
68/100
CEO Rating
C
66/100
Compensation
B
74/100
Ferro News and Updates
October 29, 2021
Worldwide Ferroalloys Industry to 2028 - Featuring Jindal, Glencore and Ferro Alloys Among Others
DUBLIN, Oct. 29, 2021 /PRNewswire/ -- The "Ferroalloys Market Size, Share & Trends Analysis Report By Product (Ferrochrome, Ferromanganese), By Application (Carbon & Low Alloy Steel, Stainless Steel), By Region, and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets...…
August 25, 2021
Worldwide PVC Pipes Industry to 2026 - Featuring Hebei Bosoar Pipe, Pipelife Austria and Plasticos Ferro Among Others
Dublin, Aug. 25, 2021 (GLOBE NEWSWIRE) -- The "PVC Pipes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The global PVC pipes market reached a volume of 21.32 Million Tons in 2020. Looking forward,…
June 10, 2021
Ferro Corp. (FOE) falls -0.2320% for June 10
Ferro Corp. (NYSE: FOE) shares fell -0.2320% to end trading Thursday at $21.47 per share - a net change of $-0.05. Shares traded between $21.58 and $21.45 throughout the day.
May 15, 2021
Monteverde & Associates PC Announces an Investigation of Ferro Corp
Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Ferro Corp. ("FOE" or the "Company")…
May 11, 2021
Paint maker Ferro to be acquired by Prince International in $2.1 billion all-cash deal
Ferro Corp. shares FOE, -0.23% soared 22% in premarket trade Tuesday, after the paint maker said it has agreed to be acquired by Prince International Corp. for $2.1 billion in cash. Under the terms of the deal, Prince, a unit of American Securities LLC, will pay $22 per Ferro share, equal to a 25.1%…
May 06, 2021
Ferro Schedules Conference Call for First Quarter 2021 Results
Ferro Corporation (NYSE: FOE) today announced the following details for its first quarter 2021 conference call.
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 Mark Duesenberg.
How many employees does Ferro have?
Ferro has 5,615 employees.
What is Ferro revenue?
Latest Ferro annual revenue is $959 m.
What is Ferro revenue per employee?
Latest Ferro revenue per employee is $170.8 k.
Who are Ferro competitors?
Competitors of Ferro include Celanese, Huntsman Corporation and Eastman.
Where is Ferro headquarters?
Ferro headquarters is located at 6060 Parkland Blvd #250, Mayfield Heights.
Where are Ferro offices?
Ferro has offices in Mayfield Heights, Cleveland, Edison, Independence and in 39 other locations.
How many offices does Ferro have?
Ferro has 57 offices.
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