OverviewSuggest Edit

Raven Industries is a company providing a variety of products to customers within the industrial, agricultural, energy, construction, military, and aerospace markets. It operates in three segments: Applied Technology, Engineered Films, and Aerostar. The Applied Technology segment designs, manufactures, sells, and services precision agriculture products and information management tools. The Engineered Films segment produces high-performance plastic films and sheeting for industrial, energy, construction, geomembrane, and agricultural applications. The Aerostar segment develops stratospheric platforms for near-space applications.
TypePublic
Founded1956
HQSioux Falls, SD, US
Websiteravenind.com
Employee Ratings3.7
Overall CultureC

Latest Updates

Employees (est.) (Jan 2021)1,363
Job Openings87
Revenue (FY, 2021)$348.4 M(-8%)
Share Price (Sept 2021)$57.6
Cybersecurity ratingBMore
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Key People/Management at Raven Industries

Daniel A. Rykhus

Daniel A. Rykhus

President and Chief Executive Officer
Nicole Freesemann

Nicole Freesemann

Vice President of Human Resources
Taimur Sharih

Taimur Sharih

Vice President & Chief Financial Officer
Steven Brazones

Steven Brazones

Division Vice President – Raven Applied Technology
Scott Wickersham

Scott Wickersham

Division Vice President – Raven Engineered Films
Margaret Carmody

Margaret Carmody

Executive Director of Organizational Culture, Corporate Communications, and Strategic Marketing
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Raven Industries Office Locations

Raven Industries has offices in Sioux Falls, Ames, Arlington, Baltic and in 17 other locations
Sioux Falls, SD, US (HQ)
205 E 6th St
Ames, IA, US
1115 S Bell Ave
Arlington, VA, US
2231 Crystal Dr #515
Baltic, SD, US
47513 254th St
Brandon, SD, US
609 E Willow St
Brookings, SD, US
2301 Research Park Way #255
Show all (24)

Raven Industries Financials and Metrics

Raven Industries Revenue

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View revenue for all periods
Raven Industries's revenue was reported to be $348.36 m in FY, 2021
USD

Revenue (Q2, 2022)

114.4m

Gross profit (Q2, 2022)

42.2m

Gross profit margin (Q2, 2022), %

36.9%

Net income (Q2, 2022)

6.9m

EBIT (Q2, 2022)

8.3m

Market capitalization (23-Sept-2021)

2.1b

Closing stock price (23-Sept-2021)

57.6

Cash (31-Jul-2021)

13.1m

EV

2.1b
Raven Industries's current market capitalization is $2.1 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Revenue

394.7m378.2m258.2m277.4m377.3m406.7m382.5m348.4m

Revenue growth, %

(4%)(32%)7%36%

Cost of goods sold

275.3m274.9m191.3m199.2m255.8m274.1m258.8m230.6m

Gross profit

119.4m103.2m67.0m78.2m121.6m132.5m123.7m117.8m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q2, 2022

Revenue

67.5m67.6m68.4m67.6m72.5m93.5m86.6m101.3m111.1m102.7m104.8m98.2m98.1m100.5m86.5m85.2m114.4m

Cost of goods sold

49.7m51.4m48.7m48.7m52.7m61.6m60.1m68.0m71.1m68.1m72.2m63.1m66.7m70.2m58.0m55.0m72.3m

Gross profit

17.9m16.2m19.7m18.9m19.8m32.0m26.5m33.3m40.0m34.6m32.7m35.1m31.3m30.3m28.5m30.1m42.2m

Gross profit Margin, %

26%24%29%28%27%34%31%33%36%34%31%36%32%30%33%35%37%
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Cash

25.8m49.4m53.0m51.9m33.8m50.6m40.5m65.8m20.7m32.9m

Accounts Receivable

60.8m56.3m54.6m56.6m38.1m43.1m58.5m54.5m62.6m48.7m

Prepaid Expenses

1.0m936.0k8.7m

Inventories

54.8m46.2m54.9m55.2m45.9m42.3m55.4m54.1m53.9m52.7m
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q2, 2022

Cash

42.1m47.0m44.2m43.5m44.1m48.1m51.1m55.7m48.6m63.4m62.2m66.4m47.5m47.3m32.3m32.8m40.1m46.3m50.5m55.2m36.9m51.3m65.4m68.7m61.4m69.1m77.1m72.6m15.8m13.1m

Accounts Receivable

50.5m43.2m50.7m58.6m49.9m55.5m59.2m49.2m64.0m55.3m52.5m54.5m45.2m39.9m39.3m41.0m38.6m39.6m51.6m46.4m59.6m66.8m61.3m66.2m67.8m60.7m62.1m60.3m53.0m70.6m

Prepaid Expenses

3.1m2.9m1.9m4.9m4.1m2.8m3.6m3.3m4.1m5.8m2.9m6.4m6.5m7.3m8.7m5.1m

Inventories

45.5m50.2m49.9m54.7m50.4m50.0m49.0m54.4m51.4m55.1m51.3m51.8m59.0m54.1m48.6m47.0m45.5m42.8m49.9m50.8m53.5m55.2m56.0m53.2m58.0m61.3m52.0m57.1m51.3m75.7m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Net Income

50.6m52.5m42.9m31.8m4.8m20.2m41.0m51.9m34.6m18.8m

Depreciation and Amortization

9.3m13.1m14.2m17.4m17.1m15.4m14.8m15.1m16.2m17.4m

Inventories

(11.5m)8.6m1.1m891.0k(1.2m)

Accounts Payable

(233.0k)(2.9m)
Quarterly
USDQ1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q2, 2022

Net Income

15.7m28.2m39.6m19.0m30.6m41.4m14.0m22.3m34.6m11.0m18.8m25.6m4.9m9.1m7.5m5.5m10.0m15.8m12.3m20.6m32.6m22.1m35.9m48.9m13.2m22.0m31.9m3.9m16.5m

Depreciation and Amortization

2.0m4.2m6.5m2.9m6.0m9.6m3.2m6.7m10.3m4.1m8.4m12.5m4.4m8.8m13.2m4.2m7.6m11.5m3.6m7.2m11.0m3.7m7.4m11.3m4.1m8.1m12.1m4.2m9.1m

Inventories

(1.8m)(6.5m)6.2m97.0k4.4m4.7m(2.9m)(8.2m)(5.3m)(188.0k)4.0m2.8m(4.5m)(559.0k)4.8m(980.0k)391.0k3.0m(7.5m)(8.5m)(9.2m)134.0k(792.0k)1.9m(4.1m)(7.3m)1.9m(4.0m)(23.0m)

Cash From Operating Activities

11.0m26.3m37.7m28.2m44.5m58.0m14.9m29.7m37.2m18.2m31.0m45.7m9.0m23.7m35.2m11.1m25.6m38.7m7.7m19.9m30.8m13.6m38.7m52.3m8.8m26.2m47.1m11.9m(5.1m)
USDQ1, 2012

Financial Leverage

1.3 x
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Raven Industries Revenue Breakdown

Embed Graph

Raven Industries revenue breakdown by business segment: 33.0% from Applied Technology, 56.4% from Engineered Films and 10.6% from Aerostar

Raven Industries revenue breakdown by geographic segment: 89.0% from United States and 11.0% from Other

Raven Industries Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Raven Industries Online and Social Media Presence

Embed Graph

Raven Industries Company Culture

  • Overall Culture

    C

    67/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A+

    100/100

Learn more on Comparably

Raven Industries News and Updates

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Raven Industries, Inc. - RAVN

NEW YORK, July 2, 2021 /PRNewswire/ -- 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...

SHAREHOLDER ALERT: WeissLaw LLP Investigates Raven Industries, Inc.

NEW YORK, June 21, 2021 (GLOBE NEWSWIRE) -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Raven Industries, Inc. (“Raven” or the “Company”) (NASDAQ: RAVN) in connection with the proposed acquisition of the Company by CNH…

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Raven Industries, Inc. Buyout

WILMINGTON, Del., June 21, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Raven Industries, Inc. (“Raven”) (NASDAQ GS: RAVN) regarding possible breaches of fiduciary duties and other violations of law related to Raven’s agreement to be acquired by CNH Industrial (N…

Global Digital Agriculture Market Report 2021 with Coverage of Farmers Edge Inc., Bayer AG (Bayer Crop Science), Trimble Inc., Raven Industries

Dublin, May 31, 2021 (GLOBE NEWSWIRE) -- The "Global Digital Agriculture Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)" report has been added to ResearchAndMarkets.com's offering.

Fish Farming Management Software Market to Witness Excellent Growth by 2025 | Trimble, AgJunction, Raven Industries , AG Leader Technology

Global Fish Farming Management Software Market Report 2018 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. Posted via Industry Today. Follow us on Twitter @IndustryTo…
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Raven Industries Frequently Asked Questions

  • When was Raven Industries founded?

    Raven Industries was founded in 1956.

  • Who are Raven Industries key executives?

    Raven Industries's key executives are Daniel A. Rykhus, Nicole Freesemann and Taimur Sharih.

  • How many employees does Raven Industries have?

    Raven Industries has 1,363 employees.

  • What is Raven Industries revenue?

    Latest Raven Industries annual revenue is $348.4 m.

  • What is Raven Industries revenue per employee?

    Latest Raven Industries revenue per employee is $255.6 k.

  • Who are Raven Industries competitors?

    Competitors of Raven Industries include AeroVironment, Park Aerospace and Hexcel.

  • Where is Raven Industries headquarters?

    Raven Industries headquarters is located at 205 E 6th St, Sioux Falls.

  • Where are Raven Industries offices?

    Raven Industries has offices in Sioux Falls, Ames, Arlington, Baltic and in 17 other locations.

  • How many offices does Raven Industries have?

    Raven Industries has 24 offices.