Insteel Industries, Inc. logo

Insteel Industries, Inc.

IIIN

NYSEIndustrialsManufacturing - Metal Fabrication

Previous close

$30.92

+$0.56 · +1.84%

Aug 21, 4:00 PM ET

IIIN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

94

Deep Value

Momentum

37

Weakening

Sentiment

54

Mixed

Risk resilience

63

Moderate Risk

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Company profile

Company website

Insteel Industries, Inc., along with its various subsidiaries, focuses on the manufacturing and commercialization of steel wire reinforcement products specifically for concrete construction applications. The company's primary offerings include prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). Its PC strand is a distinctive seven-wire product designed to introduce compression into precast concrete elements and structures. This strengthens various constructions, such as bridges, parking garages, commercial buildings, and other concrete infrastructure. Additionally, Insteel supplies an engineered welded wire reinforcement (WWR) product utilized in both non-residential and residential construction endeavors. This WWR product line encompasses several types: Engineered structural mesh: A custom-made solution that functions as the main reinforcement for concrete elements and structures, often serving as an alternative to conventional hot-rolled rebar. Concrete pipe reinforcement: Another tailored product, engineered for primary reinforcement in concrete pipes, box culverts, and precast manholes, vital for drainage and sewage systems, water treatment facilities, and related utility applications. Standard welded wire reinforcement: A secondary reinforcement material aimed at preventing cracks in residential and light commercial settings, including driveways, sidewalks, and various slab-on-grade applications. Insteel distributes its products through a network of sales representatives to a diverse customer base, including concrete product manufacturers, rebar fabricators, distributors, and contractors. Its principal markets are located across the United States, Canada, Mexico, and extending into Central and South America. Founded in 1953, Insteel Industries, Inc. is headquartered in Mount Airy, North Carolina.

Industry
Manufacturing - Metal Fabrication
Sector
Industrials
Headquarters
US
CEO
Howard Osler Woltz
Listed since
Mar 17, 1992
Employees
1,007

Market position

Day range

Current $30.92

52-week range

Current $30.92

Open
$30.62
Previous close
$30.36
Volume
121.77K
0.39× average
Average volume
315.99K
Average daily volume
Market cap
598.56M USD
Beta
0.5
Market reference 1
50-day average
$30.762
+0.51% above average
200-day average
$31.4614
-1.72% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
715.21M USD
EV / EBITDA
9.9×
Earnings yield
5.47%
Free cash flow yield
2.53%

Profitability & efficiency

Return on equity
11.04%
Return on assets
8.87%
Return on invested capital
10.41%

Financial health

Current ratio
3.97×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends26%18%10%2%Gross margin, FY2021: 20.58%Gross margin, FY2022: 23.86%Gross margin, FY2023: 10.07%Gross margin, FY2024: 9.38%Gross margin, FY2025: 14.43%Operating margin, FY2021: 15.10%Operating margin, FY2022: 19.50%Operating margin, FY2023: 5.35%Operating margin, FY2024: 3.79%Operating margin, FY2025: 8.40%Net margin, FY2021: 11.28%Net margin, FY2022: 15.12%Net margin, FY2023: 4.99%Net margin, FY2024: 3.65%Net margin, FY2025: 6.33%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 20.58%. Gross margin FY2022 23.86%. Gross margin FY2023 10.07%. Gross margin FY2024 9.38%. Gross margin FY2025 14.43%. Operating margin FY2021 15.10%. Operating margin FY2022 19.50%. Operating margin FY2023 5.35%. Operating margin FY2024 3.79%. Operating margin FY2025 8.40%. Net margin FY2021 11.28%. Net margin FY2022 15.12%. Net margin FY2023 4.99%. Net margin FY2024 3.65%. Net margin FY2025 6.33%.

Income trends

Revenue

647.71M USD+22.39%

Operating income

54.44M USD+171.62%

Net income

41.02M USD+112.48%
Income trends across reported periods907.58M USD584.57M USD261.56M USD−61.45M USDRevenue, FY2021: 590.6M USDRevenue, FY2022: 826.83M USDRevenue, FY2023: 649.19M USDRevenue, FY2024: 529.2M USDRevenue, FY2025: 647.71M USDOperating income, FY2021: 89.16M USDOperating income, FY2022: 161.26M USDOperating income, FY2023: 34.71M USDOperating income, FY2024: 20.04M USDOperating income, FY2025: 54.44M USDNet income, FY2021: 66.61M USDNet income, FY2022: 125.01M USDNet income, FY2023: 32.42M USDNet income, FY2024: 19.31M USDNet income, FY2025: 41.02M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 590.6M USD. Revenue FY2022 826.83M USD. Revenue FY2023 649.19M USD. Revenue FY2024 529.2M USD. Revenue FY2025 647.71M USD. Operating income FY2021 89.16M USD. Operating income FY2022 161.26M USD. Operating income FY2023 34.71M USD. Operating income FY2024 20.04M USD. Operating income FY2025 54.44M USD. Net income FY2021 66.61M USD. Net income FY2022 125.01M USD. Net income FY2023 32.42M USD. Net income FY2024 19.31M USD. Net income FY2025 41.02M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue647.71M USD529.2M USD649.19M USD826.83M USD590.6M USD
Cost of goods sold554.27M USD479.57M USD583.79M USD629.52M USD469.05M USD
Gross profit93.44M USD49.63M USD65.4M USD197.31M USD121.55M USD
Selling, general, and administrative39M USD29.59M USD30.69M USD36.05M USD32.39M USD
Operating expenses39M USD29.59M USD30.69M USD36.05M USD32.39M USD
Interest income2.07M USD5.43M USD3.71M USD326K USD21K USD
Interest expense52K USD89K USD87K USD91K USD96K USD
Depreciation and amortization18.39M USD15.41M USD13.3M USD14.49M USD14.52M USD
Operating income54.44M USD20.04M USD34.71M USD161.26M USD89.16M USD
Net income41.02M USD19.31M USD32.42M USD125.01M USD66.61M USD

Company facts updated Aug 24, 2026.

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