TPI Compisites is an independent manufacturer of composite wind blades for the high-growth wind energy market supporting global wind turbine manufacturers. The Company's products excel where high strength, light weight, and durability are required. TPI has a great expertise in manufacturing large-scale composite structures of the highest quality at a competitive total delivered cost to its customers.
TPI's advanced composite technology and manufacturing expertise have also been applied to create first-of-their-kind composite solutions in the transportation markets.

Type
Public
HQ
Scottsdale, US
Founded
1968
Size (employees)
6,700 (est)
TPI Composites was founded in 1968 and is headquartered in Scottsdale, US
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TPI Composites Office Locations

TPI Composites has an office in Scottsdale
Scottsdale, US (HQ)
8501 N Scottsdale Rd
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TPI Composites Financials and Metrics

TPI Composites Financials

TPI Composites's revenue was reported to be $930.28 m in FY, 2017
USD

Revenue (FY, 2017)

930.3 m

Gross profit (FY, 2017)

153.3 m

Gross profit margin (FY, 2017), %

16.5%

Net income (FY, 2017)

43.7 m

EBIT (FY, 2017)

72.3 m

Market capitalization (23-Apr-2018)

791.7 m

Cash (31-Dec-2017)

148.1 m

EV

679.1 m
TPI Composites's current market capitalization is $791.7 m.
Annual
USDFY, 2016FY, 2017

Revenue

754.9 m930.3 m

Cost of goods sold

659.7 m776.9 m

Gross profit

95.1 m153.3 m

Gross profit Margin, %

13%16%
Quarterly
USDQ2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

194.3 m198.9 m191.6 m

Cost of goods sold

168.4 m171.6 m167.4 m

Gross profit

25.9 m27.3 m24.2 m

Gross profit Margin, %

13%14%13%
Annual
USDFY, 2016FY, 2017

Cash

119.1 m148.1 m

Accounts Receivable

67.8 m121.6 m

Inventories

53.1 m67.1 m

Current Assets

325.2 m433 m
Quarterly
USDQ2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

31.1 m106.8 m115.5 m130.8 m

Accounts Receivable

87.6 m100.2 m96.6 m117.2 m

Inventories

52.7 m58.8 m51.9 m59.8 m

Current Assets

264.8 m342.8 m358.5 m393 m
Annual
USDFY, 2016FY, 2017

Net Income

13.8 m43.7 m

Depreciation and Amortization

12.9 m20.9 m

Inventories

(5 m)(26.5 m)

Accounts Payable

15 m51.2 m
Quarterly
USDQ2, 2016Q3, 2016Q1, 2017

Net Income

11.6 m16.1 m3.5 m

Depreciation and Amortization

9.7 m

Inventories

52.7 m(6.6 m)51.9 m

Accounts Payable

101.6 m6.3 m123.4 m
USDY, 2017

EV/EBIT

9.4 x

EV/CFO

8.2 x

Revenue/Employee

146.9 k

Financial Leverage

3.6 x
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TPI Composites News and Updates

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