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Art's-Way Manufacturing Co., Inc. logo

Art's-Way Manufacturing Co., Inc.

ARTW

NASDAQIndustrialsAgricultural - Machinery

Open in GoAI

Previous close

$2.95

−$0.01 · -0.34%

Aug 21, 4:00 PM ET

Pre-market

$2.82

−$0.13 · -4.41%

Aug 24, 5:28 AM ET

ARTW company overview

Historical prices · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

84

Deep Value

Momentum

45

Neutral

Sentiment

69

Bullish

Risk resilience

46

Elevated Risk

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Company profile

Company website

Art's-Way Manufacturing Co., Inc. manufactures and sells agricultural equipment, and specialized modular science and agricultural buildings in the United States and internationally. It operates through two segments, Agricultural Products and Modular Buildings. The Agricultural Products segment offers various specialized farm machinery, including portable and stationary animal feed processing equipment and related attachments; forage equipment, such as forage boxes, bale processors, running gears, and dump boxes; manure spreaders; sugar beet harvesting equipment; dirt work equipment; and after-market service parts. Its Modular Buildings segment produces, sells, and leases swine buildings, complex containment research laboratories, and research facilities for academic research institutions, government research and diagnostic centers, public health institutions, and private research and pharmaceutical companies. This segment also designs, manufactures, delivers, installs, and rents building units. It markets and sells its products through independent farm equipment dealers, and OEM sales channels. Art's-Way Manufacturing Co., Inc. was founded in 1956 and is headquartered in Armstrong, Iowa.

Industry
Agricultural - Machinery
Sector
Industrials
Headquarters
US
CEO
Marc H. McConnell
Listed since
Mar 17, 1980
Employees
97

Market position

Day range

Current $2.95

52-week range

Current $2.95

Open
$2.96
Previous close
$2.96
Volume
20.45K
0.77× average
Average volume
26.72K
Average daily volume
Market cap
15.34M USD
Beta
0.98
Market reference 1
50-day average
$2.532
+16.51% above average
200-day average
$2.4483
+20.49% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
17.71M USD
P/E (TTM)
-335.23×
P/B (TTM)
1.11×
P/S (TTM)
0.59×
EV / EBITDA
6.82×
Earnings yield
9.16%
Free cash flow yield
-13.55%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
25.26%
Operating margin
1.51%
Net margin
-0.08%
Return on equity
7.78%
Return on assets
4.60%
Return on invested capital
1.06%

Financial health

Debt / equity
0.47×
Current ratio
2.3×
Altman Z-score
3.06
Piotroski F-score
1 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends33%21%9%-3%Gross margin, FY2021: 26.42%Gross margin, FY2022: 27.06%Gross margin, FY2023: 28.35%Gross margin, FY2024: 29.84%Gross margin, FY2025: 25.78%Operating margin, FY2021: 2.10%Operating margin, FY2022: 2.36%Operating margin, FY2023: 5.06%Operating margin, FY2024: 1.88%Operating margin, FY2025: 1.26%Net margin, FY2021: 0.85%Net margin, FY2022: 0.38%Net margin, FY2023: 0.88%Net margin, FY2024: 1.25%Net margin, FY2025: 4.50%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 26.42%. Gross margin FY2022 27.06%. Gross margin FY2023 28.35%. Gross margin FY2024 29.84%. Gross margin FY2025 25.78%. Operating margin FY2021 2.10%. Operating margin FY2022 2.36%. Operating margin FY2023 5.06%. Operating margin FY2024 1.88%. Operating margin FY2025 1.26%. Net margin FY2021 0.85%. Net margin FY2022 0.38%. Net margin FY2023 0.88%. Net margin FY2024 1.25%. Net margin FY2025 4.50%.

Income trends

Revenue

22.98M USD-6.22%

Operating income

289K USD-37.27%

Net income

1.03M USD+236.72%
Income trends across reported periods33.3M USD21.23M USD9.15M USD−2.92M USDRevenue, FY2021: 24.97M USDRevenue, FY2022: 25.65M USDRevenue, FY2023: 30.28M USDRevenue, FY2024: 24.5M USDRevenue, FY2025: 22.98M USDOperating income, FY2021: 523.41K USDOperating income, FY2022: 604.72K USDOperating income, FY2023: 1.53M USDOperating income, FY2024: 460.7K USDOperating income, FY2025: 289K USDNet income, FY2021: 212.63K USDNet income, FY2022: 97.8K USDNet income, FY2023: 266.97K USDNet income, FY2024: 307.38K USDNet income, FY2025: 1.03M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 24.97M USD. Revenue FY2022 25.65M USD. Revenue FY2023 30.28M USD. Revenue FY2024 24.5M USD. Revenue FY2025 22.98M USD. Operating income FY2021 523.41K USD. Operating income FY2022 604.72K USD. Operating income FY2023 1.53M USD. Operating income FY2024 460.7K USD. Operating income FY2025 289K USD. Net income FY2021 212.63K USD. Net income FY2022 97.8K USD. Net income FY2023 266.97K USD. Net income FY2024 307.38K USD. Net income FY2025 1.03M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue22.98M USD24.5M USD30.28M USD25.65M USD24.97M USD
Cost of goods sold17.05M USD17.19M USD21.7M USD18.71M USD18.37M USD
Gross profit5.92M USD7.31M USD8.58M USD6.94M USD6.6M USD
Research and development228K USD432.59K USD598.07K USD580.54K USD505.09K USD
Selling, general, and administrative5.63M USD6.42M USD6.45M USD5.75M USD5.57M USD
Operating expenses5.63M USD6.85M USD7.05M USD6.33M USD6.07M USD
Interest expense366.68K USD599.4K USD590.01K USD404.19K USD313.49K USD
Depreciation and amortization792.11K USD989.82K USD804.82K USD661.02K USD613.41K USD
Operating income289K USD460.7K USD1.53M USD604.72K USD523.41K USD
Net income1.03M USD307.38K USD266.97K USD97.8K USD212.63K USD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.03

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.10.01-0.08-0.17Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Oct 4, 2024: actual -0.005, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 0.06, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 9, 2025: actual -0.01, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 10, 2025: actual 0.06, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 14, 2025: actual 0.05, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 12, 2026: actual -0.13, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 14, 2026: actual 0.04, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 15, 2026: actual 0.033, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates8.17M7.03M5.89M4.75MQ4 '24No estimateQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25MetQ1 '26No estimateQ2 '26No estimateQ3 '26No estimate
Q4 2024, reported Oct 4, 2024: actual 5.88M USD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 6.17M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 9, 2025: actual 5.14M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Jul 10, 2025: actual 6.34M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 14, 2025: actual 6.43M USD, estimate 6.43M USD, surprise 0.00%, Met estimate. Q1 2026, reported Feb 12, 2026: actual 5.07M USD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported Apr 14, 2026: actual 6.64M USD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Jul 15, 2026: actual 7.85M USD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.20

1991 complete year0.0% since 1989

Corporate action history

Dividend

Ex-dividend Feb 10, 2015

$0.05

Semi-Annual

Record Feb 12, 2015 · Payment Mar 2, 2015

Dividend

Ex-dividend Nov 21, 2013

$0.10

Annual

Record Nov 25, 2013 · Payment Nov 29, 2013

Dividend

Ex-dividend Nov 15, 2012

$0.10

Annual

Record Nov 19, 2012 · Payment Nov 30, 2012

Dividend

Ex-dividend Nov 9, 2011

$0.06

Annual

Record Nov 11, 2011 · Payment Nov 30, 2011

Dividend

Ex-dividend Nov 9, 2010

$0.06

Annual

Record Nov 12, 2010 · Payment Nov 30, 2010

Dividend

Ex-dividend Nov 12, 2009

$0.06

Annual

Record Nov 16, 2009 · Payment Nov 30, 2009

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ETFs holding ARTW

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
50.1K
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Dimensional - US Core Equity 2 ETF logoDimensional - US Core Equity 2 ETFDFAC
Market value
14.04K
Weight
0.00%
AUM
49.31B USD
Expense ratio
0.17%
Price / 1D
$45.61+0.46%
Dimensional - US Sustainability Core 1 ETF logoDimensional - US Sustainability Core 1 ETFDFSU
Market value
13.11K
Weight
0.00%
AUM
2.35B USD
Expense ratio
0.15%
Price / 1D
$48.20+0.52%
Dimensional - US Core Equity 1 ETF logoDimensional - US Core Equity 1 ETFDCOR
Market value
12.86K
Weight
0.00%
AUM
3.51B USD
Expense ratio
0.14%
Price / 1D
$84.54+0.42%

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