Insteel Industries, Inc.

Steel Works, Blast Furnaces & Rolling & Finishing Mills

IIINMixed7 of 11 basics passed

$29.50

+0.00%

Market cap $570M

$29.50

+0.00%

Market cap $570M

Insteel Industries Inc produces and sells prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). PC strand, a high-strength seven-wire cable, is used to strengthen precast concrete in structures like bridges, parking decks, and buildings, enabling longer spans and slimmer designs.

It is a $570M industrial company. Revenue grew 17.1% over the last year, and it keeps 5¢ of every dollar of sales as profit. It trades at 15.7× earnings — around the middle of its own history.

Website: insteel.com
Location: Mount Airy, NC
Employees: 1 007
Sector: Industrials

Share price · 3 years

$33.81 → $29.50-12.7%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $708M
Profit: keeps 5¢ of every $1 sold; $36.4M
Free cash flow: cash left after running the business; -$9.76M
P/E: years of profit in the price; 15.7
EPS: earnings per share, TTM; $1.86
Dividend: pays out 60% of profit; 3.80%
Shares: up 3% since 2016 — dilution; 19.6M
Volatility: beta vs the market — under 1 swings less; 0.53

Revenue, last 10 years

52-week range

Low $24.48$29.50High $38.11

Today's price is 37% of the way from the year's low to its high.

P/E vs its history5y

15.7×median 15.4×

Higher than 52% of past days — around the middle of its own history.

Valuation vs own history

P/E

15.7×

49%

P/S

0.8×

77%

EV/EBITDA

11.7×

67%

P/B

1.5×

82%

FCF yield

1.1%

27%

Share of the last ~5 years that was pricier than today (cheaper than usual). Based on the daily valuation record.

Insider activity · 90 days

-$49.7Knet selling

Purchases$0

Sales$49.7K

Insiders trading, last 14d0 buy · 0 sell

Standing in Industrials

Size$570Mtop 98%
Revenue growth-8%top 94%
Net margin5%top 78%
Return on equity10%top 83%
P/E15.7×top 16%
Dividend yield3.80%top 7%

Ranked against 130 Industrials companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Growth, Profitability, Quality and Moat lag behind.

Valuation62

P/E vs own history52th pct · 12/25
FCF yield-1.7% · 0/25
P/S0.8x · 25/25
EV/EBITDA8.5x · 25/25

Growth46

Revenue CAGR2.3% · 6/25
Net income CAGR-11.4% · 0/25
EPS CAGR ~5Y16.4% · 20/25
Fwd implied growth21.9% · 20/25

Profitability42

ROIC12.3% · 12/25
ROE9.9% · 12/25
Net margin5.1% · 13/25
Operating margin6.6% · 5/25

Health50

Altman Zn/a · 0/25
Current ratio3.57 · 25/25
Interest coverage862.0x · 25/25
Net cash / debtn/a · 0/25

Quality47

Piotroski F6/9 · 15/25
Beneish M-2.07 · 12/25
FCF conversion-27% · 0/25
Margin stabilityσ 5.1% · 20/25

Moat42

ROIC >12% years7/10 yrs · 20/25
Median gross margin14.9% · 0/25
FCF-positive years7/10 yrs · 10/25
Worst-year net marginworst 1.2% · 12/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2022Financial
Best year on record
$125M net income
FY2016Financial
Profitable every year on record
10 consecutive profitable years in our data

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$8 443 today — price return only

$647.7M revenue in FY2025

Revenue up 17.1% year over year

Profitable 10 years in a row

Positive free cash flow 3 years in a row

1 007 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

Revenue growing 17.1% year over year
Interest covered 862.0× by operating earnings

Watch-outs

Negative free cash flow (-$9.8M)

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

7 of 11 checks passed

Revenue growing — the company sells more than a year ago+17.1% YoY
Profitable — makes more than it spends$36.4M TTM
Profit growing — earnings are higher than last year-31.0% YoY
Generates cash — cash left after running and investing-$9.76M TTM
Debt under control — could handle its obligationscurrent ratio 3.57
Established company — not a micro-cap — lower blow-up risk$570M market cap
Not printing shares — share count not ballooning — you keep your slice+0.9% shares over ~5y
Proven track record — years of profitability behind it10/10 profitable years
Financially stable — balance sheet not near distresshealth score 50/100
Pays a dividend — returns cash to shareholdersyield 3.80%
Valuation not extreme — price not wildly above earningsP/E 15.7

Peer comparisonInsteel Industries, Inc. vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
IIIN this company	$570M	15.7	+17.1%	5.1%	Mixed
LRCX Lam Research Corp	$399.2B	54.9	+26.0%	31.3%	Strong
CAT Caterpillar Inc.	$368.0B	33.9	+18.4%	14.5%	Solid
RTX RTX Corporation	$251.3B	32.4	+11.8%	8.3%	Strained
DE Deere & Company	$167.7B	34.4	+8.3%	10.2%	Solid
ETN Eaton Corporation, plc	$167.2B	43.6	+15.5%	12.8%	Mixed
UNP Union Pacific Corp.	$166.8B	22.6	+4.2%	28.8%	Strained

Head-to-head: IIIN vs LRCX · IIIN vs CAT · IIIN vs RTX

References

What covering analysts publish about the company — information only, not a recommendation.

Hold 3Sell 1Strong sell 2

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $708M · net income $36.4M (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2025 revenue flows to profit

RevenueNet income

Revenue (TTM)

$708M

YoY 17.1%

Net income (TTM)

$36.4M

Margin 5.1%

Gross margin

11.8%

Operating margin

6.6%

P/E ratio

15.7

Dividend yield

3.80%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	0.5	0.6	0.8	0.6	0.5	0.6
Gross profit	0.1	0.1	0.2	0.1	0.0	0.1
Operating income (EBIT)	0.0	0.1	0.2	0.0	0.0	0.1
Net income	0.0	0.1	0.1	0.0	0.0	0.0
EPS (diluted)	0.98	3.41	6.37	1.66	0.99	2.10

Cash flowFree cash flow -$9.76M · operating cash flow $1.02M (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

-$9.76M

Margin -1.4%

Operating cash flow (TTM)

$1.02M

FCF margin

-1.4%

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	0.1	0.1	0.0	0.1	0.1	0.0
Capital expenditure	-0.0	-0.0	-0.0	-0.0	-0.0	-0.0
Free cash flow	0.0	0.1	-0.0	0.1	0.0	0.0
FCF margin	10.4%	8.9%	-1.2%	17.2%	7.4%	2.9%

Balance sheetAssets $463M · debt n/a (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $463M of assets is financed

20%

80%

Liabilities $91.1M — borrowed moneyEquity $372M — owners' stake

Debt repayment

0.0 yrs

Years of free cash flow to clear net debt

Interest coverage

862.0x

EBIT ÷ interest expense

ROE

9.9%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	0.1	0.1	0.0	0.1	0.1	0.0
Total assets	0.3	0.4	0.5	0.4	0.4	0.5
Total liabilities	0.1	0.1	0.1	0.1	0.1	0.1
Total debt	—	—	—	—	—	—
Equity	0.3	0.3	0.4	0.4	0.4	0.4
Net debt	—	—	—	—	—	—

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of IIIN on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $29.50 · market cap $570M.