Insteel Industries Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $647.7M | $529.2M | $649.2M | $826.8M | $590.6M | $472.6M | $455.7M | $453.2M |
| Cost of Revenue | $554.3M | $479.6M | $583.8M | $629.5M | $469.1M | $416.8M | $425.7M | $382.4M |
| Gross Profit | $93.4M | $49.6M | $65.4M | $197.3M | $121.5M | $55.8M | $30.1M | $70.8M |
| Gross Margin | 14.4% | 9.4% | 10.1% | 23.9% | 20.6% | 11.8% | 6.6% | 15.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $39.0M | $29.6M | $30.7M | $36.0M | $32.4M | $31.3M | $24.5M | $28.3M |
| Operating Income | $53.9M | $25.4M | $41.8M | $161.8M | $86.2M | $24.3M | $7.6M | $42.7M |
| Operating Margin | 8.3% | 4.8% | 6.4% | 19.6% | 14.6% | 5.1% | 1.7% | 9.4% |
| Interest Expense | $52.0K | $89.0K | $87.0K | $91.0K | $96.0K | $106.0K | $168.0K | $114.0K |
| Pretax Income | $53.8M | $25.3M | $41.8M | $161.7M | $86.1M | $24.2M | $7.5M | $42.6M |
| Income Tax Expense | $12.8M | $6.0M | $9.3M | $36.7M | $19.5M | $5.2M | $1.9M | $6.4M |
| Net Income | $41.0M | $19.3M | $32.4M | $125.0M | $66.6M | $19.0M | $5.6M | $36.3M |
| Net Margin | 6.3% | 3.6% | 5.0% | 15.1% | 11.3% | 4.0% | 1.2% | 8.0% |
| EPS (Basic) | $2.11 | $0.99 | $1.66 | $6.41 | $3.44 | $0.99 | $0.29 | $1.90 |
| EPS (Diluted) | $2.10 | $0.99 | $1.66 | $6.37 | $3.41 | $0.98 | $0.29 | $1.88 |
| Shares Outstanding (Basic) | 19.5M | 19.5M | 19.5M | 19.5M | 19.3M | 19.3M | 19.2M | 19.1M |
| Shares Outstanding (Diluted) | 19.6M | 19.6M | 19.6M | 19.6M | 19.5M | 19.4M | 19.3M | 19.3M |
| Dividends Per Share | $1.12 | $2.62 | $2.12 | $2.12 | $1.62 | $0.12 | $0.12 | $1.12 |