Pricing Log in Create free account
Friday 6 November 2026 Export IIIN’s income statement to Excel — free account

Insteel Industries, Inc.

IIIN Industrials Metal Fabrication

Insteel Industries, Inc.’s revenue for fiscal 2026 (year ended September 2026) was $739.5 million, up 14.2% from fiscal 2025.

Revenue
+17.9%
EPS
−46.7%
Free cash flow
+215.3%

Quarter to September 2026, against a year earlier

27.09 0.15 +0.56%
Market cap
$521.4M
P/E
17.9×
Fwd P/E
18.8×
Dividend yield
0.44%
F-score
6/9
Altman Z
6.48
Beneish M
−2.25
Dividend safety
42/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Sold, $m 0.11
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — 1 — — — — — 1 — — —
Insider Ownership 5.59%

Capital & Financial Ratios $m

Size
Market Cap 521.38
Revenue ttm 739.51
Net income ttm 29.55
Free cash flow ttm 24.84
Net debt Q (37.48)
Valuation
P/E 17.88
Forward P/E 18.80
Price / sales 0.71
Forward P/S Powerpack
Price / FCF 22.61
Price / book 1.39
Financial health
Current ratio Q 3.72 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 663.34
Growth
Revenue growth Q +17.94% (above 0%: growing)
Operating income growth Q −47.07% (below 0%: shrinking)
EPS, this year +29.14% (at or above 15%: strong)
EPS, next year A +19.49% (at or above 15%: strong)
Revenue, next year A +12.94% (at or above 10%: strong)
EPS, past 5 yrs −15.03% (below 0%: weak)
EPS, next 5 yrs A +10.20%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.7×, against a ten-year median of 1.0×; over the ten years it ranged from 0.5× in 2020 to 1.7× in 2018.
P/E against its own 10 years 46.17%
10-year low 10-year high
P/S against its own 10 years 7.19%
10-year low 10-year high
P/B against its own 10 years 5.43%
10-year low 10-year high
EV/Sales against its own 10 years 9.50%
10-year low 10-year high
EV/FCF against its own 10 years 71.41%
10-year low 10-year high

Dividends

Yield
0.44%
Annual rate
0.12
Payout ratio
7.89%
Growth, 2017–25
0.00%/yr
  1. 0.12 ’17
  2. 0.12 ’18 +0
  3. 0.12 ’19 +0
  4. 0.12 ’20 +0
  5. 0.09 ’21 −25
  6. 0.09 ’22 +0
  7. 0.12 ’23 +33
  8. 0.09 ’24 −25
  9. 0.12 ’25 +33
  10. 1.12 ’26e +833
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 126 112 39 37
Receivables 63 58 79 89
Inventory 103 89 138 151
Other 6 9 7 9
299 267 262 286
2023 2024 2025 2026
Payables 34 37 48 62
ST’ Debt — — — —
Other — — — —
46 47 66 77

Compound Annual Growth %

10y 5y 3y
Sales 5.86% 4.60% 4.44%
Cash Flow (4.20%) (12.12%) (36.37%)
Earnings (2.29%) (15.00%) (3.04%)
Book Value 5.39% 4.68% (0.17%)

Earnings Trends EPS, adjusted, against the consensus

Q4 FY26 Estimate 0.49 Actual 0.43

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q1 FY26 0.33 0.39 Beat by 0.06
Q2 FY26 0.80 0.27 Miss by 0.53
Q3 FY26 0.45 0.46 Beat by 0.01
Q4 FY26 0.49 0.43 Miss by 0.06
Q1 FY27 0.11 — Reports 21 January 2027

EPS $

Dec Mar Jun Sep Year
’26 — — — — —
’26 0.39 0.27 0.46 0.40 1.51
’25 0.06 0.52 0.78 0.74 2.10
’24 0.06 0.35 0.34 0.24 0.99
’23 0.57 0.26 0.54 0.29 1.66
’22 1.18 1.99 1.96 1.24 6.37
’21 0.42 0.76 0.94 1.28 3.41
Fiscal quarters ending in the months shown.

Revenue $m

Dec Mar Jun Sep Year
’26 — — — — —
’26 160 173 198 209 740
’25 130 161 180 177 648
’24 122 127 146 134 529
’23 167 159 166 158 649
’22 178 213 227 208 827
’21 120 139 161 171 591
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Dec Mar Jun Sep Year
’26 — — — — —
’26 (1) 5 14 19 37
’25 19 (3) 29 (17) 27
’24 22 1 19 16 58
’23 33 47 24 39 142
’22 14 6 (5) (9) 6
’21 14 15 36 4 70
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Dec Mar Jun Sep Year
’26 — — — — —
’26 (2) 1 10 16 25
’25 16 (6) 27 (14) 24
’24 10 (1) 16 15 39
’23 35 39 13 35 121
’22 13 6 (9) (13) (3)
’21 11 9 31 1 52
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 389 453 456 473 591 827 649 529 648 740 +7.4% 802 847 — +7.0%
Gross margin, % 15.37 15.62 6.60 11.80 20.58 23.86 10.07 9.38 14.43 10.23 (5.1) pt
EBT 34 43 7 24 86 162 42 25 54 38 +1.3%
EBT margin, % 8.79 9.41 1.64 5.11 14.58 19.56 6.43 4.78 8.31 5.18 (3.6) pt
Net income 23 36 6 19 67 125 32 19 41 30 +3.0%
Per share, $
Per share, $ Revenue 20.46 23.75 23.68 24.52 30.53 42.36 33.28 27.14 33.24 38.01 +7.1%
Earnings 1.19 1.90 0.29 0.99 3.44 6.41 1.66 0.99 2.11 1.52 +2.8%
Cash flow 1.10 2.83 0.34 2.92 3.61 0.29 7.29 2.98 1.39 1.88 +6.2%
Capex (1.08) (0.97) (0.55) (0.25) (0.90) (0.46) (1.07) (0.98) (0.16) (0.61) (6.2%)
Free cash flow 0.01 1.86 (0.20) 2.66 2.71 (0.17) 6.23 2.00 1.24 1.28 +65.2%
Book value 11.75 12.67 12.78 13.74 15.61 19.97 19.56 17.99 19.07 19.51 +5.8%
Shares, m 19 19 19 19 19 20 20 20 19 19 +0.3%
Valuation, ×
Valuation, × P/E 21.77 18.25 73.32 18.89 11.06 4.15 19.60 31.09 18.08 19.16 23.5
P/S 1.26 1.46 0.87 0.76 1.25 0.63 0.98 1.15 1.15 0.77 1.0
P/B 2.19 2.74 1.61 1.36 2.44 1.33 1.66 1.73 2.01 1.49 1.9
EV/Sales 1.20 1.39 0.79 0.63 1.10 0.57 0.79 0.95 1.10 0.72 0.9
EV/FCF (390.20) 18.43 (67.77) 5.96 12.78 (99.84) 4.29 13.30 31.57 22.87 (44.9)
Cash, $m
Cash, $m Operating cash flow 21 54 7 56 70 6 142 58 27 37 +6.5%
Capex (21) (18) (10) (5) (17) (9) (21) (19) (3) (12) (6.0%)
Free cash flow 0 36 (4) 51 52 (3) 121 39 24 25 +65.6%
Balance, $m
Balance, $m Working capital 118 123 132 143 178 273 253 220 196 209 +6.6%
Net debt (32) (44) (38) (69) (90) (48) (126) (112) (39) (37) +1.7%
Shareholders’ equity 223 242 246 265 302 390 382 351 372 380 +6.1%
Returns, %
Returns, % ROA 7.83 11.84 1.80 6.03 18.28 28.99 7.05 4.44 9.27 6.27 (1.6) pt
ROIC 11.15 13.44 1.67 7.19 25.42 29.58 8.48 5.22 9.73 6.86 (4.3) pt
ROE 10.07 15.60 2.30 7.44 23.50 36.14 8.41 5.27 11.36 7.87 (2.2) pt
People
People Employees 803 810 834 881 913 964 884 929 1,007 983 +2.3%
Revenue/emp, $m 0.48 0.56 0.55 0.54 0.65 0.86 0.73 0.57 0.64 0.75 +5.0%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Sep 2026 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

Insteel Industries, Inc. vs peers in Metal Fabrication (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
ESAB ESAB Corporation $4.9B 31.1× 18.2× +13.28% (above 0%: growing) −28.06% (below 0%: shrinking) −22.04% (below 0%: shrinking) 39.25% 11.15% Compare
GPGI CompoSecure, Inc. $4.0B — (loss-making) 15.1× −100.00% (below 0%: shrinking) n/m 0.00% 0.00% 0.00% Compare
WOR Worthington Enterprises, Inc. $3.0B 18.2× 16.3× +13.23% (above 0%: growing) +23.94% (above 0%: growing) +97.40% (above 0%: growing) 26.43% 3.79% Compare
PRLB Proto Labs, Inc. $1.5B 43.3× 47.5× +14.00% (above 0%: growing) +63.33% (above 0%: growing) −34.32% (below 0%: shrinking) 44.49% 9.36% Compare
RYZ Ryerson Holding Corporation $1.4B — (loss-making) — (loss-making) +87.50% (above 0%: growing) n/m −378.17% (below 0%: shrinking) 17.16% 2.36% Compare
IIIN Insteel Industries, Inc. $521.4M 17.9× 18.8× +17.94% (above 0%: growing) −46.67% (below 0%: shrinking) +215.30% (above 0%: growing) 10.05% 4.75%
MEC Mayville Engineering Company, Inc. $332.8M — (loss-making) — (loss-making) +18.05% (above 0%: growing) n/m −196.11% (below 0%: shrinking) 11.01% 2.55% Compare
TG Tredegar Corporation $246.0M 7.4× 12.1× +19.82% (above 0%: growing) +240.00% (above 0%: growing) +16.12% (above 0%: growing) 13.42% 3.81% Compare
AP Ampco-Pittsburgh Corporation $122.9M — (loss-making) 5.9× −9.01% (below 0%: shrinking) n/m −44.03% (below 0%: shrinking) 21.61% 4.93% Compare
Median of peers $1.4B 24.6× 15.7× +13.64% +43.64% −28.18% 19.39% 3.80%

All 18 Metal Fabrication stocks →

Pay and ownership Proxy statement filed 2 January 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 3.45m 3.80m 274.64
2024 2.10m 1.72m 212.31
2023 2.15m 2.30m 207.28
2022 2.50m 1.51m 157.60
2021 2.48m 4.04m 219.98

Ownership

Directors and executive officers, together 6.20%
BlackRock, Inc. and affiliates 16.40%
The Vanguard Group 6.60%
Dimensional Fund Advisors LP Building One 6.40%
Global X Management Co LLC 5.10%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Insteel Industries, Inc. (IIIN) Latest News

29 Oct

Impact 4 · · The Motley Fool

24 Oct

Impact 4 · · Simply Wall St.
Impact 3 · · StockStory

23 Oct

Impact 3 · · StockStory

22 Oct

Impact 4 · · Moby
Impact 4 · · The Motley Fool transcript
Impact 4 · · Business Wire
Impact 3 · · MarketBeat
Impact 3 · · StockStory
Impact 3 · · Zacks
Impact 3 · · Associated Press

21 Oct

Impact 3 · · StockStory

19 Oct

Impact 3 · · Zacks

15 Oct

Impact 3 · · Zacks

2 Oct

Impact 3 · · Zacks

17 Sep

Impact 3 ·

4 Sep

Impact 3 ·

21 Aug

Impact 3 ·

23 Jul

Impact 3 · · The Motley Fool transcript

17 Jul

Impact 3 · · Moby transcript

16 Jul

Impact 3 · transcript
Impact 3 · · MarketBeat
Impact 3 ·
Impact 3 ·

14 Jul

Impact 3 ·

3 Jun

Impact 3 · · StockStory

18 May

Impact 4 · · GuruFocus.com

26 Apr

Impact 3 · · Insider Monkey

23 Apr

Impact 3 · · StockStory

17 Apr

Impact 3 ·
stockrow.com/IIIN · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com