TPI Composites

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.

Company Growth (employees)
Type
Public
HQ
Scottsdale, US
Founded
1968
Size (employees)
6,700 (est)+20%
TPI Composites was founded in 1968 and is headquartered in Scottsdale, US

TPI Composites Office Locations

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

TPI Composites Data and Metrics

TPI Composites Financial Metrics

TPI Composites's revenue was reported to be $191.6 m in Q1, 2017
USD

Revenue (Q1, 2017)

191.6 m

Gross profit (Q1, 2017)

24.2 m

Gross profit margin (Q1, 2017), %

13%

Net income (Q1, 2017)

3.5 m

EBIT (Q1, 2017)

9.7 m

Market capitalization (17-Aug-2017)

677.6 m

Cash (31-Mar-2017)

115.5 m
TPI Composites's current market capitalization is $677.6 m.
USDFY, 2016

Revenue

754.9 m

Cost of goods sold

659.7 m

Gross profit

95.1 m

Gross profit Margin, %

13%

General and administrative expense

33.9 m

Operating expense total

33.9 m

EBIT

43.1 m

EBIT margin, %

6%

Interest expense

(17.6 m)

Interest income

344 k

Pre tax profit

20.8 m

Income tax expense

(7 m)

Net Income

13.8 m
USDQ2, 2016Q3, 2016Q1, 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%

General and administrative expense

5.3 m14.1 m8.3 m

Operating expense total

5.3 m14.1 m8.3 m

EBIT

17.5 m8.1 m9.7 m

EBIT margin, %

9%4%5%

Interest expense

(4.1 m)(4.7 m)(3 m)

Interest income

28 k27 k19 k

Pre tax profit

13.5 m3.1 m5.6 m

Income tax expense

(2 m)(309 k)(2.1 m)

Net Income

11.6 m2.8 m3.5 m
USDFY, 2016

Cash

119.1 m

Accounts Receivable

67.8 m

Inventories

53.1 m

Current Assets

325.2 m

PP&E

91.2 m

Goodwill

2.8 m

Total Assets

437.2 m

Accounts Payable

112.3 m

Current Liabilities

236.6 m

Total Liabilities

330.7 m

Additional Paid-in Capital

292.8 m

Retained Earnings

(182.8 m)

Total Equity

106.5 m

Financial Leverage

4.1 x
USDQ2, 2016Q3, 2016Q1, 2017

Cash

31.1 m106.8 m115.5 m

Accounts Receivable

87.6 m100.2 m96.6 m

Inventories

52.7 m58.8 m51.9 m

Current Assets

264.8 m342.8 m358.5 m

PP&E

73.6 m78.6 m103.5 m

Total Assets

352.6 m439.1 m477.9 m

Accounts Payable

101.6 m107.3 m123.4 m

Current Liabilities

235.8 m241.3 m273.3 m

Additional Paid-in Capital

291.2 m295.3 m

Retained Earnings

(182.7 m)(180.5 m)(180 m)

Total Equity

(183.6 m)109.8 m112.1 m

Financial Leverage

-1.9 x4 x4.3 x
USDFY, 2016

Net Income

13.8 m

Depreciation and Amortization

12.9 m

Accounts Receivable

5.1 m

Inventories

(5 m)

Accounts Payable

15 m

Cash From Operating Activities

53.8 m

Purchases of PP&E

(30.5 m)

Cash From Investing Activities

(30.5 m)

Cash From Financing Activities

51.3 m

Interest Paid

11.1 m

Income Taxes Paid

8.5 m
USDQ2, 2016Q3, 2016Q1, 2017

Net Income

11.6 m2.8 m3.5 m

Accounts Receivable

87.6 m100.2 m96.6 m

Inventories

52.7 m58.8 m51.9 m

Accounts Payable

101.6 m107.3 m123.4 m
USDY, 2017

Revenue/Employee

34.2 k

Financial Leverage

4.3 x

TPI Composites Market Value History

Traffic Overview of TPI Composites

TPI Composites Company Life and Culture

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