NYSE : IIIN
Insteel Industries Inc. — Financial statements
Industrials · Metal Fabrication · United States
Last price 28.45 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 550.61M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Insteel Industries Inc. (IIIN) reported revenue of 739.51M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year November - October; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 739.51M | 739.51M | 647.71M | 529.20M | 649.19M | 826.83M |
| Cost of Revenue | 663.83M | 663.83M | 554.27M | 479.57M | 583.79M | 629.52M |
| Gross Profit | 75.68M | 75.68M | 93.44M | 49.63M | 65.40M | 197.31M |
| Selling, General & Admin | 37.36M | 37.36M | 39.00M | 29.59M | 30.68M | 36.05M |
| Operating Expenses | 37.36M | 37.36M | 39.00M | 29.59M | 30.68M | 36.05M |
| Operating Income | 38.32M | 38.32M | 54.44M | 20.04M | 34.71M | 161.26M |
| Interest Expense | -63.00K | -63.00K | -52.00K | -89.00K | -87.00K | -91.00K |
| Interest & Investment Income | 872.00K | 872.00K | 2.07M | 5.43M | 3.71M | 326.00K |
| Other Non Operating Income (Expenses) | -88.00K | -88.00K | -17.00K | -37.00K | 3.42M | -568.00K |
| EBT Excluding Unusual Items | 39.05M | 39.05M | 56.43M | 25.35M | 41.76M | 160.93M |
| Merger & Restructuring Charges | -756.00K | -756.00K | -2.63M | -61.00K | 318.00K | |
| Gain (Loss) on Sale of Assets | 480.00K | |||||
| Pretax Income | 38.29M | 38.29M | 53.80M | 25.29M | 41.76M | 161.73M |
| Income Tax Expense | 8.74M | 8.74M | 12.79M | 5.98M | 9.34M | 36.72M |
| Net Income | 29.55M | 29.55M | 41.02M | 19.30M | 32.41M | 125.01M |
| Net Income to Common | 29.55M | 29.55M | 41.02M | 19.30M | 32.41M | 125.01M |
| Shares Outstanding (Basic) | 19.46M | 19.46M | 19.48M | 19.50M | 19.50M | 19.52M |
| Shares Outstanding (Diluted) | 19.52M | 19.52M | 19.56M | 19.57M | 19.57M | 19.63M |
| EPS (Basic) | 1.52 | 1.52 | 2.11 | 0.99 | 1.66 | 6.41 |
| EPS (Diluted) | 1.51 | 1.51 | 2.10 | 0.99 | 1.66 | 6.37 |
| Free Cash Flow | 24.84M | 24.84M | 18.95M | 39.06M | 111.50M | -10.23M |
| Free Cash Flow Per Share | 1.27 | 1.27 | 0.97 | 2.00 | 5.70 | -0.52 |
| Dividend Per Share | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 |
| Gross Margin | 10.23% | 10.23% | 14.43% | 9.38% | 10.07% | 23.86% |
| Operating Margin | 5.18% | 5.18% | 8.40% | 3.79% | 5.35% | 19.50% |
| Profit Margin | 4.00% | 4.00% | 6.33% | 3.65% | 4.99% | 15.12% |
| Free Cash Flow Margin | 3.36% | 3.36% | 2.93% | 7.38% | 17.18% | -1.24% |
| EBITDA | 56.06M | 56.06M | 72.83M | 35.45M | 48.02M | 175.75M |
| EBITDA Margin | 7.58% | 7.58% | 11.24% | 6.70% | 7.40% | 21.26% |
| D&A For EBITDA | 17.73M | 17.73M | 18.39M | 15.41M | 13.30M | 14.49M |
| EBIT | 38.32M | 38.32M | 54.44M | 20.04M | 34.71M | 161.26M |
| EBIT Margin | 5.18% | 5.18% | 8.40% | 3.79% | 5.35% | 19.50% |
| Effective Tax Rate | 22.83% | 22.83% | 23.76% | 23.66% | 22.37% | 22.70% |
Balance sheet
Fiscal year November - October; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 37.48M | 37.48M | 38.63M | 111.54M | 125.67M | 48.32M |
| Cash & Short-Term Investments | 37.48M | 37.48M | 38.63M | 111.54M | 125.67M | 48.32M |
| Accounts Receivable | 89.29M | 89.29M | 78.72M | 58.31M | 63.42M | 81.65M |
| Other Receivables | 1.36M | |||||
| Receivables | 89.29M | 89.29M | 78.72M | 59.66M | 63.42M | 81.65M |
| Inventory | 150.83M | 150.83M | 137.78M | 88.84M | 103.31M | 197.65M |
| Prepaid Expenses | 3.78M | 3.78M | 3.91M | 4.50M | 4.04M | 4.56M |
| Other Current Assets | 4.87M | 4.87M | 2.91M | 2.75M | 2.41M | 3.15M |
| Total Current Assets | 286.25M | 286.25M | 261.95M | 267.29M | 298.85M | 335.33M |
| Property, Plant & Equipment | 126.72M | 126.72M | 132.63M | 127.24M | 121.95M | 109.72M |
| Goodwill | 37.76M | 37.76M | 37.76M | 9.74M | 9.74M | 9.74M |
| Other Intangible Assets | 14.93M | 14.93M | 16.55M | 5.34M | 6.09M | 6.85M |
| Long-Term Deferred Charges | 22.00K | 22.00K | 73.00K | 125.00K | 175.00K | 41.00K |
| Other Long-Term Assets | 14.72M | 14.72M | 13.69M | 12.80M | 10.70M | 10.06M |
| Total Assets | 480.39M | 480.39M | 462.65M | 422.55M | 447.51M | 471.75M |
| Accounts Payable | 62.47M | 62.47M | 48.17M | 37.49M | 34.35M | 46.80M |
| Accrued Expenses | 12.82M | 12.82M | 14.58M | 8.67M | 10.62M | 14.80M |
| Current Portion of Leases | 1.60M | 1.60M | 1.85M | 877.00K | 999.00K | 997.00K |
| Current Income Taxes Payable | 30.00K | 30.00K | 1.40M | 187.00K | ||
| Total Current Liabilities | 76.91M | 76.91M | 66.01M | 47.03M | 46.16M | 62.60M |
| Long-Term Leases | 886.00K | 886.00K | 2.05M | 811.00K | 936.00K | 572.00K |
| Long-Term Deferred Tax Liabilities | 10.97M | 10.97M | 11.07M | 11.63M | 7.54M | 7.09M |
| Other Long-Term Liabilities | 12.02M | 12.02M | 11.99M | 12.22M | 11.37M | 11.75M |
| Total Liabilities | 100.78M | 100.78M | 91.12M | 71.70M | 66.01M | 82.00M |
| Common Stock | 19.36M | 19.36M | 19.42M | 19.45M | 19.45M | 19.48M |
| Additional Paid-In Capital | 91.82M | 91.82M | 89.40M | 86.67M | 83.83M | 82.00M |
| Retained Earnings | 268.06M | 268.06M | 262.75M | 245.34M | 278.50M | 289.25M |
| Comprehensive Income & Other | 366.00K | 366.00K | -36.00K | -608.00K | -283.00K | -977.00K |
| Shareholders' Equity | 379.61M | 379.61M | 371.53M | 350.86M | 381.50M | 389.74M |
| Total Liabilities & Equity | 480.39M | 480.39M | 462.65M | 422.55M | 447.51M | 471.75M |
| Total Debt | 2.48M | 2.48M | 3.90M | 1.69M | 1.94M | 1.57M |
| Net Cash (Debt) | 35.00M | 35.00M | 34.73M | 109.85M | 123.73M | 46.75M |
| Net Cash Per Share | 1.79 | 1.79 | 1.78 | 5.61 | 6.32 | 2.38 |
| Filing Date Shares Outstanding | 19.35M | 19.35M | 19.42M | 19.45M | 19.45M | 19.48M |
| Total Common Shares Outstanding | 19.36M | 19.36M | 19.42M | 19.45M | 19.45M | 19.48M |
| Working Capital | 209.34M | 209.34M | 195.94M | 220.26M | 252.70M | 272.74M |
| Book Value Per Share | 19.61 | 19.61 | 19.13 | 18.04 | 19.61 | 20.01 |
| Tangible Book Value | 326.92M | 326.92M | 317.22M | 335.77M | 365.67M | 373.15M |
| Tangible Book Value Per Share | 16.89 | 16.89 | 16.33 | 17.26 | 18.80 | 19.16 |
| Land | 17.99M | 17.99M | 17.54M | 15.33M | 15.11M | 14.95M |
| Buildings | 65.14M | 65.14M | 64.26M | 60.01M | 56.65M | 55.04M |
| Machinery | 239.10M | 239.10M | 241.19M | 227.23M | 198.53M | 191.79M |
| Construction In Progress | 7.33M | 7.33M | 2.30M | 4.28M | 18.02M | 11.74M |
Cash flow statement
Fiscal year November - October; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 29.55M | 29.55M | 41.02M | 19.30M | 32.41M | 125.01M |
| Depreciation & Amortization | 17.73M | 17.73M | 18.39M | 15.41M | 13.30M | 14.49M |
| Other Amortization | 51.00K | 51.00K | 50.00K | 50.00K | 57.00K | 65.00K |
| Loss (Gain) From Sale of Assets | 81.00K | 81.00K | 127.00K | 99.00K | -3.27M | -480.00K |
| Asset Writedown & Restructuring Costs | 1.00M | |||||
| Stock-Based Compensation | 3.49M | 3.49M | 3.49M | 3.07M | 2.42M | 2.43M |
| Other Operating Activities | -633.00K | -633.00K | -1.20M | 2.66M | -293.00K | -37.00K |
| Change in Accounts Receivable | -10.57M | -10.57M | -20.41M | 5.12M | 18.22M | -13.73M |
| Change in Inventory | -13.05M | -13.05M | -36.47M | 14.47M | 94.35M | -118.61M |
| Change in Accounts Payable | 10.79M | 10.79M | 19.26M | -639.00K | -16.95M | -1.96M |
| Change in Other Net Operating Assets | -809.00K | -809.00K | 1.90M | -1.34M | 1.94M | -1.51M |
| Operating Cash Flow | 36.63M | 36.63M | 27.16M | 58.21M | 142.20M | 5.67M |
| Capital Expenditures | -11.79M | -11.79M | -8.21M | -19.15M | -30.70M | -15.90M |
| Sale of Property, Plant & Equipment | 4.00K | 4.00K | 5.12M | 4.00K | 9.92M | 6.93M |
| Cash Acquisitions | -72.09M | |||||
| Other Investing Activities | -642.00K | -642.00K | -490.00K | -492.00K | -118.00K | 2.93M |
| Investing Cash Flow | -12.43M | -12.43M | -75.67M | -19.64M | -20.90M | -6.04M |
| Long-Term Debt Issued | 18.50M | 18.50M | 291.00K | 298.00K | 323.00K | 266.00K |
| Long-Term Debt Repaid | -18.50M | -18.50M | -291.00K | -298.00K | -323.00K | -266.00K |
| Issuance of Common Stock | 62.00K | 428.00K | 239.00K | 1.65M | ||
| Repurchase of Common Stock | -3.63M | -3.63M | -2.70M | -2.19M | -2.76M | -1.69M |
| Common Dividends Paid | -2.32M | -2.32M | -2.36M | -50.94M | -41.25M | -41.16M |
| Other Financing Activities | -177.00K | |||||
| Financing Cash Flow | -25.35M | -25.35M | -24.40M | -52.70M | -43.95M | -41.20M |
| Net Cash Flow | -1.15M | -1.15M | -72.91M | -14.13M | 77.35M | -41.57M |
| Free Cash Flow | 24.84M | 24.84M | 18.95M | 39.06M | 111.50M | -10.23M |
| Free Cash Flow Margin | 3.36% | 3.36% | 2.93% | 7.38% | 17.18% | -1.24% |
| Free Cash Flow Per Share | 1.27 | 1.27 | 0.97 | 2.00 | 5.70 | -0.52 |
| Levered Free Cash Flow | 19.10M | 19.10M | -1.85M | 30.34M | 104.12M | -34.37M |
| Unlevered Free Cash Flow | 19.09M | 19.09M | -1.87M | 30.35M | 104.11M | -34.37M |
| Cash Interest Paid | 11.00K | 11.00K | ||||
| Cash Income Tax Paid | 10.51M | 10.51M | 10.78M | 3.33M | 7.83M | 41.48M |
| Change in Working Capital | -13.64M | -13.64M | -35.71M | 17.61M | 97.56M | -135.80M |
Ratios
Fiscal year November - October; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 558.16M | 572.23M | 747.08M | 600.46M | 630.78M | 517.49M |
| Enterprise Value | 523.16M | 551.86M | 697.51M | 504.70M | 540.85M | 456.31M |
| Last Close Price | 28.84 | 29.56 | 37.13 | 28.70 | 27.98 | 21.25 |
| PE Ratio | 19.10 | 19.37 | 18.21 | 31.10 | 19.46 | 4.14 |
| Forward PE | 15.42 | 14.08 | 13.67 | 19.30 | 11.47 | 5.84 |
| PS Ratio | 0.75 | 0.77 | 1.15 | 1.14 | 0.97 | 0.63 |
| PB Ratio | 1.47 | 1.51 | 2.01 | 1.71 | 1.65 | 1.33 |
| P/TBV Ratio | 1.71 | 1.75 | 2.35 | 1.79 | 1.73 | 1.39 |
| P/FCF Ratio | 22.47 | 23.04 | 39.42 | 15.37 | 5.66 | |
| P/OCF Ratio | 15.24 | 15.62 | 27.50 | 10.32 | 4.44 | 91.27 |
| PEG Ratio | 1.29 | 1.17 | 1.14 | 1.61 | 0.96 | 0.49 |
| EV/Sales Ratio | 0.71 | 0.75 | 1.08 | 0.95 | 0.83 | 0.55 |
| EV/EBITDA Ratio | 9.33 | 9.84 | 9.58 | 14.23 | 11.26 | 2.60 |
| EV/EBIT Ratio | 13.65 | 14.40 | 12.81 | 25.18 | 15.58 | 2.83 |
| EV/FCF Ratio | 21.06 | 22.22 | 36.81 | 12.92 | 4.85 | |
| Debt / Equity Ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Debt / EBITDA Ratio | 0.04 | 0.04 | 0.05 | 0.05 | 0.04 | 0.01 |
| Debt / FCF Ratio | 0.10 | 0.10 | 0.21 | 0.04 | 0.02 | |
| Net Debt / Equity Ratio | -0.09 | -0.09 | -0.09 | -0.31 | -0.32 | -0.12 |
| Net Debt / EBITDA Ratio | -0.62 | -0.62 | -0.48 | -3.10 | -2.58 | -0.27 |
| Net Debt / FCF Ratio | -1.41 | -1.41 | -1.83 | -2.81 | -1.11 | 4.57 |
| Asset Turnover | 1.57 | 1.57 | 1.46 | 1.22 | 1.41 | 1.92 |
| Inventory Turnover | 4.60 | 4.60 | 4.89 | 4.99 | 3.88 | 4.55 |
| Quick Ratio | 1.65 | 1.65 | 1.78 | 3.64 | 4.10 | 2.08 |
| Current Ratio | 3.72 | 3.72 | 3.97 | 5.68 | 6.47 | 5.36 |
| Return on Equity (ROE) | 7.87% | 7.87% | 11.36% | 5.27% | 8.41% | 36.14% |
| Return on Assets (ROA) | 5.08% | 5.08% | 7.69% | 2.88% | 4.72% | 23.37% |
| Return on Invested Capital (ROIC) | 8.50% | 8.68% | 14.37% | 6.13% | 8.97% | 44.77% |
| Return on Capital Employed (ROCE) | 9.50% | 9.50% | 13.70% | 5.30% | 8.60% | 39.40% |
| Earnings Yield | 5.24% | 5.16% | 5.49% | 3.21% | 5.14% | 24.16% |
| FCF Yield | 4.45% | 4.34% | 2.54% | 6.50% | 17.68% | -1.98% |
| Dividend Yield | 0.42% | 0.41% | 0.31% | 0.39% | 0.37% | 0.45% |
| Payout Ratio | 7.95% | 7.86% | 5.76% | 263.88% | 127.26% | 32.93% |
| Buyback Yield / Dilution | 0.18% | 0.18% | 0.09% | -0.05% | 0.32% | -0.49% |
| Total Shareholder Return | 0.60% | 0.59% | 0.40% | 0.34% | 0.69% | -0.03% |