IIIN
Insteel Industries Inc.33.32
+0.52+1.59%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
646.96MP/E (TTM)
15.87Basic EPS (TTM)
2.10Dividend Yield
0%Recent Filings
8-K
10-K
FY2025 results
Insteel Industries posted FY2025 net sales of $647.7 million, up 22.4% year-over-year, fueled by 14.8% higher shipments from acquisitions and 6.7% average selling price gains to offset raw material costs. Gross profit surged 88.3% to $93.4 million (14.4% of sales), driven by wider spreads and volume, though Q4 momentum built on Q3 with steady nonresidential demand offsetting residential softness. Acquisitions of EWP and OWP added $72.1 million in assets, boosting WWR shipments while restructuring charges hit $2.3 million for facility closures; net earnings climbed 112.5% to $41.0 million ($2.10 diluted EPS). Cash from operations fell to $27.2 million amid inventory builds, yet $38.6 million in cash and $98.7 million revolver availability signal solid liquidity. Acquisitions accelerated growth. Foreign competition threatens quarterly import pressures.
8-K
Strong Q4 earnings surge
Insteel Industries posted Q4 net earnings of $14.6 million, up sharply from $4.7 million last year, fueled by 32.1% higher sales to $177.4 million from better pricing and shipment gains via acquisitions. Gross margins widened to 16.1%, yet cash from operations dipped to a $17.0 million use amid working capital swings. Acquisitions boosted volumes; residential construction lags. Cautiously optimistic for 2026 amid macro risks.
8-K
Quarterly dividend declared
Insteel Industries declared a regular quarterly cash dividend of $0.03 per share on August 19, 2025, payable September 26 to shareholders of record on September 12. This steady payout underscores the company's commitment to returning value amid its steel wire reinforcing operations. Dividends remain subject to board discretion and market risks.
10-Q
Q3 FY2025 results
Insteel Industries posted solid Q3 FY2025 results, with net sales climbing 23.4% year-over-year to $179.9 million on 10.5% higher shipments and 11.7% better pricing, fueled by acquisitions and stronger construction demand; gross margin doubled to 17.1% as spreads widened amid raw material recovery. Welded wire reinforcement, now over 65% of sales, drove the surge, while earnings hit $15.2 million or $0.78 diluted EPS—up 131%—despite $843,000 in restructuring charges from integrating buys. Cash from operations reached $44.2 million YTD, funding $72.1 million in acquisitions like EWP (closed October 2024 for $67.0 million cash, adding $25.9 million goodwill and $12.3 million intangibles amortized over 1-20 years) and OWP, leaving $53.7 million in cash and $98.7 million revolver availability with no debt. Acquisitions expand Midwest and Texas footprints, promising synergies. Yet raw material volatility poses ongoing risks.
ATI
ATI Inc.
108.66-0.06
AWI
Armstrong World Industries Inc
184.66-0.14
CMC
Commercial Metals Company
71.02-0.25
GIFI
Gulf Island Fabrication, Inc.
11.92+0.00
INHD
Inno Holdings Inc.
0.11-0.02
NWPX
NWPX Infrastructure, Inc.
62.74-0.29
RYI
Ryerson Holding Corporation
24.49+0.71
STLD
Steel Dynamics, Inc.
169.13+0.18
VATE
INNOVATE Corp.
4.49+0.17
WOR
Worthington Enterprises, Inc.
56.29-1.45