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Insteel Industries

IIIN

Insteel Industries is the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States.

Market cap
$631.27M-10.7%
Revenue$707.7M+17.1%
Net income$32.1M-9.9%
Free cash flow$51.5M+30.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 15, 2026 (in 2 months)
Revenue estimate$201.3M
EPS estimate$0.47

Financials

Q3 2026

Income statement

See full
Revenue$197.7M+9.9%
Net income$9.0M-12.1%

Balance sheet

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Cash & equivalents$22.9M-57.2%
Total debt$1.6M-15.3%
Total equity$371.4M+4.3%
Total assets$473.9M+0.4%

Cash flow

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Operating cash flow$13.7M-52.1%
CapEx$3.2M+98.2%
Free cash flow$10.5M-61.0%

Valuation & ratios

Valuation

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Market cap$631.27M-10.7%
Enterprise value$609.89M-8.6%
P/E19.7×-4.5×
P/S0.9×-0.3×

Profitability

See full
Net margin4.5%-1.4pp

Returns & leverage

See full
Return on equity8.8%-1.3pp
Debt / equity0.0×
Current ratio3.6×+0.6×

Segments

By product

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Welded Wire Reinforcement$123.7M+5.1%
PC Strand$73.9M+18.8%

By geography

See full
US$197.2M+9.9%

Competitors

By market cap

By revenue growth

Profile

Insteel Industries is the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States. The company specializes in producing high-strength reinforcement solutions that enhance the structural integrity of bridges, buildings, and infrastructure. Its core value proposition centers on being a low-cost producer with a national manufacturing footprint located in close proximity to customers and raw material suppliers.

Competitive position

Insteel is the leading domestic producer in its niche, leveraging a low-cost production model and a significant national footprint to maintain market leadership.

GeographiesUnited States, Canada, Mexico, Central America, South America
Customer segmentsNonresidential construction, Residential construction, Infrastructure developers
Business modelManufacturing, B2B
SuppliersHot-rolled carbon steel wire rod suppliers, Domestic and foreign steel mills
CustomersConcrete pipe manufacturers, Precast concrete producers, Construction distributors, Rebar fabricators
Listed1985
Employees884.0
CEOHoward Osler Woltz
FilingsSEC EDGAR

Questions, answered.

What is Insteel Industries's market cap?
Insteel Industries (IIIN) has a market capitalization of $631.3M and trades on NYSE.
What is Insteel Industries's revenue and profitability?
Insteel Industries generated $707.7M in trailing twelve-month revenue with net income of $32.1M, representing a net margin of 4.5%. Gross margin stands at 14.4%, with free cash flow of $51.5M. These figures are based on the Q3 2026 filing.
Who are Insteel Industries's competitors?
Insteel Industries's key competitors include Nucor Corporation, Commercial Metals Company, NWPX Infrastructure, Inc. Common Stock. These companies compete in similar markets and product categories.
What subsidiaries does Insteel Industries have?
Insteel Industries's subsidiaries include Insteel Wire Products Company, Intercontinental Metals Corporation.
Where is Insteel Industries headquartered?
Insteel Industries is headquartered in United States of America and employs approximately 884 people. It has been publicly traded since 1985.