Vitreous Glass Inc.

Vitreous Glass Inc.

4.80
USD
-0.10
(-2.04%)
0.40EPS
11.01P/E
28.30MMarket Cap
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
TTM
Revenue per Share
1.13
1.33
1.36
1.28
1.31
1.37
1.35
1.49
1.93
1.53
1.62
1.53
2.22
2.34
Basic EPS, GAAP
0.22
0.33
0.32
0.33
0.31
0.34
0.28
0.37
0.54
0.35
0.4
0.38
0.5
0.56
Free Cash Flow per Basic Share
0.25
0.35
0.33
0.55
0.27
0.37
0.26
0.41
0.7
0.22
0.51
0.34
0.51
0.49
Dividend per Share
0.3
0.3
0.32
0.43
0.34
0.34
0.38
0.3
0.55
0.33
0.42
0.4
0.35
0.41
Book Value per Share
0.78
0.82
0.82
0.73
0.7
0.7
0.61
0.67
0.66
0.68
0.66
0.63
0.79
0.83
Tangible Book Value per Share
0.78
0.82
0.82
0.73
0.7
0.7
0.61
0.67
0.66
0.68
0.66
0.63
0.79
0.83
Basic Weighted Avg Shares
6
6
6
6
6
6
6
6
6
6
6
6
6
6
Sales/Revenue/Turnover
7
8
8
8
8
9
9
9
12
10
10
10
14
15
Operating Margin (%)
26.47
32.96
34.17
34.87
32.07
33.75
28.28
32.92
36.01
29.6
32.35
31.87
28.27
30.7
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
1
2
2
2
2
2
2
2
3
2
3
2
3
4
Effective Tax Rate (%)
25.44
25.45
27.04
26.7
27.31
27.18
26.45
24.84
22.68
23.76
23.05
23.77
22.1
21.63
Profit Margin (%)
19.73
24.57
23.35
26.09
23.32
24.58
20.8
24.74
27.84
22.57
24.89
24.83
22.34
24.01
Working Capital
2
3
2
2
2
3
2
3
3
3
3
2
3
3
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
5
5
5
5
4
4
4
4
4
4
4
4
5
5
Return on Invested Capital (%)
26.7
39.45
40.29
42.06
42.6
48.32
43.1
56.49
77.96
50.3
58.36
56.55
68.67
74.76
Return on Capital (%)
26.97
40.41
38.62
43.06
42.63
48.39
43.25
56.61
77.96
50.3
59.05
57.69
69.27
75.07
Return on Common Equity (%)
27.16
40.7
38.62
43.06
42.63
48.39
43.25
57.57
80.33
51.6
60.32
58.67
69.72
75.07

Capital Structure

CAD

•

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
38
38
39

Working Capital

CAD

•

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
5
4
4
Cash, Cash Equivalents & STI
3
3
3
Accounts Receivable, Net
1
1
1
Inventories
1
1
1
Total Current Liabilities
1
1
1
Payables & Accruals
1
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.26%
3.82%
24.36%
Free Cash Flow
23.57%
30.16%
48.79%
Net Income, GAAP
7.52%
10.5%
31.12%
Sales/Revenue/Turnover
6.63%
11.05%
45.73%
Total Cash Common Dividend
- -
10.83%
-12.41%

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
2
2
2
10
2025
2
4
4
4
14
2026
4
4
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.1
0.1
0.08
0.38
2025
0.06
0.14
0.13
0.16
0.5
2026
0.14
0.13
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.1
0.1
0.1
0.4
2025
0.03
0.13
0.12
0.07
0.35
2026
0.13
0.1
- -
- -
- -

Company Description

CEO
John Patrick Cashion
Full Time Employees
20
Sector
Process industries
Industry
Industrial specialties
Address
212 East Lake Boulevard NE Airdrie AB Canada T4A 0H
IPO Date
Aug 2, 1988
Business
Vitreous Glass Inc. is a Canada-based company engaged in the recycling of post-consumer and industrial waste glass for the fiberglass manufacturing industry. The company cleans, crushes and processes deposit-bearing beverage container glass sourced from Alberta, British Columbia and Saskatchewan into GlasSand, a furnace-ready cullet that serves as a sustainable raw material substitute for mined sand in fiberglass building insulation production; it sells this GlasSand exclusively to fiberglass insulation manufacturers located in Alberta. Founded in 1992 and headquartered in Airdrie, Alberta, Vitreous Glass operates a single processing plant within a 300-kilometer radius of its customers in Western Canada, emphasizing a waterless recycling process that supports the circular economy and reduces landfill waste. Recent developments include the declaration of regular quarterly dividends, such as the October 15, 2025 announcement, alongside grants of deferred share units in August 2025, May 2025, February 2025 and other 2025 dates to align management incentives with shareholder interests.

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