Insteel Industries, Inc.
31.13+0.27 (+0.88%)
Oct 29, 4:00:02 PM EDT · NYSE · IIIN · USD
Report date
≈ Jan 15, 2026 (in 77 days)EPS
0.71 (0.71 ~ 0.71)Revenue
179.81M (166.20M ~ 193.43M)Key Stats
Market Cap
604.43MP/E (TTM)
14.82Basic EPS (TTM)
2.10Dividend Yield
0%Recent Filings
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.
8-K
Strong Q3 earnings surge
Insteel Industries reported third-quarter fiscal 2025 net earnings of $15.2 million, or $0.78 per share, up sharply from $6.6 million last year, fueled by 23.4% higher net sales to $179.9 million on 10.5% shipment growth from acquisitions and 11.7% price hikes. Gross margin widened to 17.1%, while operating cash flow hit $28.2 million, leaving the company debt-free with $53.7 million in cash. Acquisitions boost volumes, yet raw material shortages and doubled Section 232 tariffs pressure costs ahead.
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