Insteel Industries

Insteel Industries, Inc. is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. We manufacture and market prestressed concrete strand and welded wire reinforcement, including concrete pipe reinforcement, engineered structural mesh and standard welded wire reinforcement. Our products are sold primarily to manufacturers of concrete products that are used in nonresidential construction.

Approximately 800 employees work at Insteel facilities located in Arizona, Florida, Georgia, Kentucky, Missouri, North Carolina, Pennsylvania, Tennessee and Texas. The Company's common stock is traded on the NASDAQ Global Select Market under the symbol IIIN.

Type
Public
HQ
Mount Airy, US
Founded
1953
Size (employees)
848 (est)+8%
Insteel Industries was founded in 1953 and is headquartered in Mount Airy, US

Insteel Industries Office Locations

Insteel Industries has an office in Mount Airy
Mount Airy, US (HQ)
1373 Boggs Dr

Insteel Industries Data and Metrics

Insteel Industries Financial Metrics

Insteel Industries's revenue was reported to be $418.5 m in FY, 2016 which is a 6% decrease from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

418.5 m

Revenue growth (FY, 2015 - FY, 2016), %

(6%)

Gross profit (FY, 2016)

85.2 m

Gross profit margin (FY, 2016), %

20%

Net income (FY, 2016)

37.2 m

Market capitalization (25-May-2017)

594.2 m

Closing share price (25-May-2017)

31.3

Cash (01-Oct-2016)

58.9 m
Insteel Industries's current market capitalization is $594.2 m.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

363.9 m409 m447.5 m418.5 m

Revenue growth, %

12%9%(6%)

Cost of goods sold

324.7 m360.2 m389.2 m333.4 m

Gross profit

39.2 m48.8 m58.3 m85.2 m

Gross profit Margin, %

11%12%13%20%

Interest income

14 k10 k11 k166 k

Pre tax profit

18 m25.2 m33 m56.3 m

Net Income

11.7 m16.6 m21.7 m37.2 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

15.4 m3.1 m33.3 m58.9 m

Accounts Receivable

41.1 m51.2 m46.8 m47.4 m

Inventories

81.9 m66 m71.2 m

Current Assets

121.2 m142.6 m151.4 m180.5 m

PP&E

83.1 m90.4 m84.2 m88.2 m

Goodwill

7 m7 m7 m

Total Assets

212.6 m256.8 m260.2 m292.9 m

Accounts Payable

30.6 m52.8 m32.2 m42.8 m

Current Liabilities

37.4 m63.2 m45.8 m53.8 m

Common Stock

18.5 m

Additional Paid-in Capital

55.5 m58.9 m61 m67.8 m

Retained Earnings

89 m103.4 m122.9 m139.3 m

Total Equity

200.2 m224.6 m

Financial Leverage

1.3 x1.3 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

11.7 m16.6 m21.7 m37.2 m

Depreciation and Amortization

9.8 m10.3 m11.9 m11.5 m

Accounts Receivable

1 m(2.1 m)4.3 m(607 k)

Inventories

7 m(17 m)15.9 m(5.2 m)

Accounts Payable

1.6 m21.3 m(17.9 m)9 m

Cash From Operating Activities

36.8 m29.2 m35.8 m54.5 m

Capital Expenditures

(5 m)(9 m)(7.2 m)(13 m)

Cash From Investing Activities

(6.3 m)(40.4 m)(3 m)(13 m)

Long-term Borrowings

(16.1 m)(19.2 m)(61 m)(328 k)

Dividends Paid

(6.6 m)(2.2 m)(2.2 m)(20.9 m)

Cash From Financing Activities

(15.1 m)(1.2 m)(2.5 m)(15.9 m)

Interest Paid

20 k30 k143 k

Free Cash Flow

41.9 m38.2 m42.9 m67.5 m
Numbers are in $, USDY, 2016

Revenue/Employee

529.8 k

Financial Leverage

1.3 x

Insteel Industries Market Value History

Insteel Industries Company Life and Culture

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