Ferro Corporation

Ferro Corporation (NYSE: FOE) is $1B-plus global functional coatings and color solutions company that supplies technology-based performance materials, including glass-based coatings, pigments and colors, and polishing materials. We have nearly 5,000 associates who work at facilities in 26 countries throughout the Americas, Europe, MENA, and Asia Pacific. Our company has a rich history based in glass science. We were founded in 1919 in Cleveland, Ohio, USA, as a porcelain enamel coating materials manufacturer. Today, we're a leading global producer of glass-based coatings, as well as pigments and polishing agents that we sell to manufacturers worldwide in the appliance, automotive, household furnishings, building and renovation, electronics, and industrial industries. The computer or mobile device you’re using to read this probably contains Ferro materials. From your ceramic tile, to your car windshield, to your oven, and even the roof on your home, Ferro's products provide superior functional characteristics to goods that you enjoy and depend on every day. We are growing! We're focused on creating value for our customers and our shareholders, and have been enhancing our operations, acquiring complementary businesses around the world, and expanding our product lines and our footprint into emerging markets. If our posted job opportunities match up with your aspirations to be part of an innovation- and performance-driven team, we hope you'll link with us!

Company Growth (employees)
Type
Public
HQ
Mayfield Heights, US
Founded
1919
Size (employees)
5,125 (est)
Website
ferro.com
Ferro Corporation was founded in 1919 and is headquartered in Mayfield Heights, US

Ferro Corporation Office Locations

Ferro Corporation has an office in Mayfield Heights
Mayfield Heights, US (HQ)
6060 Parkland Blvd, Suite 250

Ferro Corporation Data and Metrics

Ferro Corporation Financial Metrics

Ferro Corporation's revenue was reported to be $320.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

320.6 m

Gross profit (Q1, 2017)

98.8 m

Gross profit margin (Q1, 2017), %

31%

Net income (Q1, 2017)

22.1 m

Market capitalization (22-Aug-2017)

1.6 b

Cash (31-Mar-2017)

92.8 m
Ferro Corporation's current market capitalization is $1.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.6 b1.1 b1.1 b1.1 b

Revenue growth, %

(32%)(3%)7%

Cost of goods sold

1.3 b826.5 m773.7 m794.1 m

Gross profit

329.7 m285.1 m301.7 m351.2 m

Gross profit Margin, %

20%26%28%31%

General and administrative expense

241.7 m

Operating expense total

241.7 m

Interest expense

27.3 m16.3 m15.2 m21.5 m

Pre tax profit

95.7 m(42.8 m)54.8 m62.4 m

Income tax expense

14.9 m(34.2 m)(45.1 m)17.9 m

Net Income

72.4 m86.2 m63.1 m(19.9 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

294.2 m275.8 m262.8 m268.2 m279.4 m277.5 m298 m288.5 m320.6 m

Cost of goods sold

215.8 m203 m192.1 m190.6 m202.3 m193.2 m199.6 m199.5 m221.8 m

Gross profit

78.5 m72.8 m70.6 m77.6 m77 m84.2 m98.4 m89 m98.8 m

Gross profit Margin, %

27%26%27%29%28%30%33%31%31%

General and administrative expense

49.3 m51.7 m49.5 m52.7 m48.4 m52.6 m57.9 m55.6 m59 m

Operating expense total

49.3 m51.7 m49.5 m52.7 m48.4 m52.6 m57.9 m55.6 m59 m

Interest expense

4.7 m3.6 m3.2 m3.1 m3.9 m4.8 m5.4 m5.3 m6.2 m

Pre tax profit

19.1 m2.1 m15.4 m18.1 m19.3 m27.8 m33.3 m26.7 m29.3 m

Income tax expense

5.2 m4.7 m2.5 m5.7 m3.8 m8 m8.5 m6.2 m7.1 m

Net Income

10.4 m47.6 m9 m6.8 m(3.6 m)(9.7 m)19.1 m(8.7 m)22.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

28.3 m140.5 m58.4 m45.6 m

Accounts Receivable

287.9 m236.7 m232 m259.7 m

Inventories

190.2 m158.4 m184.9 m229.8 m

Current Assets

555.4 m613.8 m553.3 m582 m

PP&E

297.1 m212.6 m260.4 m262 m

Goodwill

63.5 m93.7 m145.7 m148.3 m

Total Assets

1 b1.1 b1.2 b1.3 b

Accounts Payable

153.9 m129.2 m120.4 m127.7 m

Current Liabilities

313.7 m236.8 m218.2 m246 m

Total Liabilities

1 b

Additional Paid-in Capital

318.1 m317.4 m314.9 m306.6 m

Retained Earnings

(14.7 m)71.4 m135.5 m114.7 m

Total Equity

273.8 m336 m324.3 m255 m

Financial Leverage

3.7 x3.3 x3.8 x5 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

50.2 m95.3 m105.2 m211.4 m69.5 m55.9 m49.4 m40.6 m92.8 m

Accounts Receivable

263.6 m229.9 m231.5 m242.5 m252.1 m261.4 m278.9 m282.8 m289.5 m

Inventories

160.1 m157.8 m153.3 m158 m193.1 m195.4 m207.3 m211.3 m250.6 m

Current Assets

641.5 m619.4 m557.2 m677.2 m591.7 m588.5 m601.8 m579 m681.4 m

PP&E

212.8 m201.8 m193.1 m194.5 m258.9 m258.8 m252.5 m249.5 m258 m

Goodwill

63.6 m62.4 m91.6 m93 m126.9 m150.6 m141.2 m142.9 m148.2 m

Total Assets

1.1 b1 b1 b1.2 b1.2 b1.2 b1.3 b1.2 b1.4 b

Accounts Payable

149.2 m134.9 m126 m125.8 m130.1 m130.4 m129.9 m123.3 m139.9 m

Current Liabilities

291 m274.5 m201.9 m212.9 m236.6 m233.4 m233.8 m226.5 m256.8 m

Additional Paid-in Capital

315.5 m316.1 m311.9 m314.1 m314.6 m306.8 m307.1 m304.8 m303.3 m

Retained Earnings

12.5 m60 m82.4 m89 m84.9 m125.5 m144.5 m135.6 m136.6 m

Total Equity

304.9 m341.1 m309.3 m328.1 m312.2 m303.5 m320.9 m316.2 m286.3 m

Financial Leverage

3.5 x3 x3.3 x3.5 x3.8 x4.1 x3.9 x3.9 x4.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

72.4 m86.2 m63.1 m(19.9 m)

Depreciation and Amortization

50 m38.5 m41.1 m46.8 m

Accounts Receivable

16.2 m20.2 m(21.9 m)

Inventories

18.1 m(13 m)6.6 m(10.3 m)

Accounts Payable

(28 m)5.9 m(14.6 m)1.2 m

Cash From Operating Activities

18.5 m60.5 m51.2 m62.6 m

Cash From Investing Activities

17.2 m75.2 m(244.6 m)(150.8 m)

Cash From Financing Activities

(36.7 m)(18.1 m)119.7 m82 m

Interest Paid

26.8 m28.5 m16.2 m17.5 m

Income Taxes Paid

5.8 m9.4 m21.4 m19.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

10.4 m47.6 m9 m6.8 m(3.6 m)(9.7 m)19.1 m(8.7 m)22.1 m

Accounts Receivable

242.5 m252.1 m261.4 m278.9 m282.8 m289.5 m

Inventories

158 m193.1 m195.4 m207.3 m211.3 m250.6 m

Accounts Payable

125.8 m130.1 m130.4 m129.9 m123.3 m139.9 m
USDY, 2017

Revenue/Employee

62.5 k

Financial Leverage

4.8 x

Ferro Corporation Market Value History

Traffic Overview of Ferro Corporation

Ferro Corporation Company Life and Culture

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