Insteel Industries, Inc.

IIIN

IIINInsteel Industries, Inc. US flag

New York Stock Exchange

28.15

USD

+0.69

- -

547.05MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	337	363	364	409	448	419	389	453	456	473	591	827	649	529	648
+ Sales & Services Revenue	337	363	364	409	448	419	389	453	456	473	591	827	649	529	648
- Cost of Revenue	305	341	325	360	389	333	329	382	426	417	469	630	584	480	554
+ Cost of Goods & Services	305	341	325	360	389	333	329	382	426	417	469	630	584	480	554
Gross Profit	32	22	39	49	58	85	60	71	30	56	122	197	65	50	93
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	20	19	21	23	26	29	26	28	25	31	32	36	31	30	39
+ Selling, General & Admin	20	19	21	23	26	29	26	28	25	31	32	36	31	30	39
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	12	4	19	25	33	57	34	43	6	24	89	161	35	20	54
- Non-Operating (Income) Loss	12	1	1	- -	- -	- -	- -	- -	-2	- -	3	- -	-7	-5	1
+ Interest Expense, Net	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-4	-5	-2
+ Interest Expense	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	4	5	2
+ Other Non-Op (Income) Loss	11	- -	- -	- -	-1	- -	- -	- -	-2	1	3	- -	-3	- -	3
Pretax Income	- -	3	18	25	33	56	34	43	7	24	86	162	42	25	54
- Income Tax Expense (Benefit)	- -	1	6	9	11	19	12	6	2	5	19	37	9	6	13
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	- -	2	12	17	22	37	23	36	6	19	67	125	32	19	41
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	- -	2	12	17	22	37	23	36	6	19	67	125	32	19	41
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	- -	2	12	17	22	37	23	36	6	19	67	125	32	19	41
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	- -	2	12	17	22	37	23	36	6	19	67	125	32	19	41
EBIT	12	4	19	25	33	57	34	43	6	24	89	161	35	20	54
EBITDA	22	13	28	36	44	68	46	55	19	39	104	176	48	35	73
EBITDA Margin (%)	6.44	3.66	7.8	8.72	9.93	16.28	11.81	12.21	4.19	8.19	17.56	21.26	7.4	6.7	11.24
EBITA	12	4	19	25	33	57	34	43	6	24	89	161	35	20	54
Gross Margin (%)	9.42	6.18	10.78	11.93	13.04	20.35	15.37	15.62	6.6	11.8	20.58	23.86	10.07	9.38	14.43
Operating Margin (%)	3.6	0.98	5.1	6.21	7.26	13.52	8.81	9.38	1.22	5.17	15.1	19.5	5.35	3.79	8.4
Profit Margin (%)	-0.11	0.5	3.22	4.07	4.85	8.9	5.8	8	1.23	4.02	11.28	15.12	4.99	3.65	6.33
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.12	0.12	0.37	0.12	0.12	1.11	1.37	1.12	0.12	0.12	1.62	2.11	2.12	2.61	1.12
Depreciation Expense	10	10	10	10	12	12	12	13	14	14	15	14	13	15	18
Basic Weighted Avg Shares	18	18	18	18	18	19	19	19	19	19	19	20	20	20	19
Basic EPS, GAAP	-0.02	0.1	0.65	0.91	1.18	1.99	1.19	1.9	0.29	0.99	3.44	6.41	1.66	0.99	2.11
Basic EPS from Cont Ops	-0.02	0.1	0.65	0.91	1.18	1.99	1.19	1.9	0.29	0.99	3.44	6.41	1.66	0.99	2.11
Diluted Weighted Avg Shares	18	18	18	19	19	19	19	19	19	19	20	20	20	20	20
Diluted EPS, GAAP	-0.02	0.1	0.64	0.89	1.15	1.95	1.17	1.88	0.29	0.98	3.41	6.37	1.66	0.99	2.1
Diluted EPS from Cont Ops	-0.02	0.1	0.64	0.89	1.15	1.95	1.17	1.88	0.29	0.98	3.41	6.37	1.66	0.99	2.1

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	122	115	121	143	151	180	160	195	161	197	247	335	299	267	262
+ Cash, Cash Equivalents & STI	- -	- -	15	3	33	59	32	44	38	69	90	48	126	112	39
+ Cash & Cash Equivalents	- -	- -	15	3	33	59	32	44	38	69	90	48	126	112	39
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	42	42	41	51	48	48	41	51	45	54	68	82	63	60	79
+ Accounts Receivable, Net	42	42	41	51	47	47	40	51	44	54	68	82	63	58	79
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	1	- -	1	- -	1	- -	- -	- -	- -	1	- -
+ Inventories	76	66	59	82	66	71	82	94	71	69	79	198	103	89	138
+ Raw Materials	41	39	34	49	38	45	52	61	28	32	50	109	39	37	63
+ Work In Process	4	4	3	4	3	3	3	5	5	4	7	9	6	6	10
+ Finished Goods	32	23	22	29	25	23	27	28	38	34	22	80	58	46	65
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	4	7	6	6	4	3	5	6	6	6	10	8	6	7	7
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	94	93	91	114	109	112	123	134	132	141	144	136	149	155	201
+ Property, Plant & Equip, Net	89	88	83	90	84	88	99	106	105	104	107	110	122	127	133
+ Property, Plant & Equip	170	177	182	193	197	208	222	239	242	246	260	275	290	309	329
- Accumulated Depreciation	80	90	98	103	112	120	123	133	137	142	153	165	168	181	197
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	5	5	8	24	24	24	24	28	27	37	36	27	27	28	68
+ Total Intangible Assets	- -	- -	2	17	17	16	15	18	17	18	17	17	16	15	54
+ Goodwill	- -	- -	- -	7	7	7	7	8	8	10	10	10	10	10	38
+ Other Intangible Assets	- -	- -	2	10	10	9	8	10	9	9	8	7	6	5	17
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	5	5	6	7	7	8	9	10	10	18	19	10	11	13	14
Total Assets	217	209	213	257	260	293	283	330	293	338	391	472	448	423	463
+ Payables & Accruals	42	34	36	62	44	53	42	71	28	52	67	61	44	45	64
+ Accounts Payable	39	30	31	53	32	43	34	60	22	39	49	47	34	37	48
+ Accrued Taxes	1	1	1	1	4	1	1	2	2	3	6	2	2	2	4
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	2	3	4	7	8	9	7	9	4	10	11	11	7	6	12
+ ST Debt	1	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	2
+ ST Borrowings	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	2
+ Other ST Liabilities	4	2	1	2	2	1	- -	1	1	- -	1	1	1	1	- -
+ Deferred Revenue	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	4	2	1	1	2	1	- -	1	1	- -	1	1	1	1	- -
Total Current Liabilities	47	36	37	63	46	54	42	72	28	54	69	63	46	47	66
+ LT Debt	13	11	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	2
+ LT Borrowings	13	11	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	1	2
+ Other LT Liabilities	8	12	14	15	14	15	17	16	19	18	19	19	19	24	23
+ Accrued Liabilities	8	12	14	14	14	15	17	16	19	18	19	19	19	24	23
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Liabilities	21	23	14	15	14	15	17	16	19	19	20	19	20	25	25
Total Liabilities	68	59	52	78	60	68	60	88	47	73	89	82	66	72	91
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	66	68	74	77	79	87	89	92	94	96	98	101	103	106	109
+ Common Stock	18	18	18	18	18	19	19	19	19	19	19	19	19	19	19
+ Additional Paid in Capital	49	50	55	59	61	68	70	73	75	76	79	82	84	87	89
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	84	84	89	103	123	139	136	151	154	171	206	289	279	245	263
+ Other Equity	-2	-2	-2	-2	-2	-2	-1	-1	-2	-2	-2	-1	- -	-1	- -
Equity Before Minority Interest	148	150	161	179	200	225	223	242	246	265	302	390	382	351	372
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	148	150	161	179	200	225	223	242	246	265	302	390	382	351	372
Total Liabilities & Equity	217	209	213	257	260	293	283	330	293	338	391	472	448	423	463
Shares Outstanding	18	18	18	18	18	19	19	19	19	19	19	19	19	19	19
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	2	2	2	2	4
Net Debt	14	11	-15	-3	-33	-59	-32	-44	-38	-69	-90	-48	-126	-112	-39
Net Debt to Equity	9.53	7.67	-9.59	-1.71	-16.61	-26.22	-14.37	-18.18	-15.52	-25.94	-29.76	-12.4	-32.94	-31.79	-10.4
Tangible Common Equity Ratio	68.57	71.68	75.54	67.54	75.3	75.32	77.74	71.8	82.98	77.13	76.25	81.98	84.71	82.4	77.69
Current Ratio	2.62	3.2	3.24	2.26	3.3	3.36	3.79	2.72	5.65	3.67	3.59	5.36	6.47	5.68	3.97
Cash Conversion Cycle	76.15	80.38	76.91	72.78	67.77	75.77	84.97	77.62	72.02	72.42	61.53	89.75	104.61	86.92	87.31

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	- -	2	12	17	22	37	23	36	6	19	67	125	32	19	41
+ Depreciation & Amortization	10	10	10	10	12	12	12	13	14	14	15	14	13	15	18
+ Non-Cash Items	5	1	5	- -	- -	3	4	-1	2	- -	2	2	-1	6	3
+ Stock-Based Compensation	3	2	2	3	2	2	2	2	2	2	2	2	2	3	3
+ Deferred Income Taxes	- -	1	4	- -	- -	1	3	-3	2	- -	- -	- -	- -	4	-1
+ Asset Impairment Charge	4	- -	- -	- -	1	- -	- -	- -	- -	- -	1	- -	- -	- -	1
+ Other Non-Cash Adj	-2	-2	-1	-3	-3	- -	-1	- -	-2	-1	-1	-1	-4	-1	- -
+ Chg in Non-Cash Work Cap	-17	- -	10	2	2	4	-17	6	-15	23	-13	-136	98	18	-36
+ (Inc) Dec in Accts Receiv	-17	- -	1	-2	4	-1	7	-11	7	-6	-14	-14	18	5	-20
+ (Inc) Dec in Inventories	-12	11	7	-17	16	-5	-11	-12	23	5	-10	-119	94	14	-36
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	12	-10	2	21	-18	9	-12	28	-43	20	12	-2	-17	-1	19
+ Inc (Dec) in Other	-1	-1	- -	- -	-1	1	-2	1	-3	3	-1	-2	2	-1	2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-3	13	37	29	36	56	21	54	7	56	70	6	142	58	27
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10	- -	- -
+ Disp of Fixed Prod Assets	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	-2	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	-2	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-2	-2	-2
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-2	-2	-2
+ Net Change in LT Investment	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	-37	- -	- -	-34	- -	- -	- -	-3	- -	-18	- -	- -	- -	- -	-72
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-37	- -	- -	-34	- -	- -	- -	-3	- -	-18	- -	- -	- -	- -	-72
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	-6	-8	-5	-6	-2	-13	-21	-19	-10	-5	-18	-6	-31	-20	-4
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-41	-8	-6	-40	-3	-13	-21	-22	-10	-23	-18	-6	-21	-20	-76
+ Dividends Paid	-2	-2	-7	-2	-2	-21	-26	-21	-2	-2	-31	-41	-41	-51	-22
+ Net Cash From Debt	1	-2	-11	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash From Debt	53	91	5	19	61	- -	- -	- -	44	- -	- -	- -	- -	- -	- -
+ Repayments of Debt	-52	-93	-16	-19	-61	- -	- -	- -	-44	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	- -	-1	3	1	- -	3	-1	1	-1	- -	- -	1	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-2	-5	-15	-1	-3	-18	-27	-20	-3	-3	-31	-41	-44	-53	-24
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-46	- -	15	-12	30	26	-27	12	-6	31	21	-42	77	-14	-73
EBITDA	22	13	28	36	44	68	46	55	19	39	104	176	48	35	73
EBITDA Margin (%)	6.44	3.66	7.8	8.72	9.93	16.28	11.81	12.21	4.19	8.19	17.56	21.26	7.4	6.7	11.24
Free Cash Flow	-3	13	35	29	34	56	21	54	7	56	70	6	142	58	27
Net Cash Paid for Acquisitions	37	- -	- -	34	- -	- -	- -	3	- -	18	- -	- -	- -	- -	72
Free Cash Flow to Firm	-7	14	35	29	35	56	21	54	7	56	70	6	142	58	27
Free Cash Flow to Equity	-2	11	25	29	36	56	21	54	7	56	70	6	152	58	27
Free Cash Flow per Basic Share	-0.17	0.74	1.95	1.6	1.86	3	1.1	2.83	0.34	2.92	3.61	0.29	7.29	2.98	1.39
Price/Free Cash Flow	-37.34	9.96	4.88	8.43	5.25	8.34	16.96	9.38	44.22	4.78	8.41	76.47	4	10.1	27.61
Cash Flow to Net Income	7.51	7.27	3.14	1.76	1.65	1.51	0.92	1.49	1.18	2.96	1.05	0.05	4.39	3.02	0.66
Capital Expenditures	- -	- -	-2	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -