Financial Snapshot

Revenue
$177.8M
TTM
Gross Margin
16.45%
TTM
Net Earnings
$7.457M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
151.02%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
$63.48M
Q2 2024
Book Value
$59.05M
Q2 2024
Cash
Q2 2024
P/E
6.398
Sep 13, 2024 EST
Free Cash Flow
$2.118M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue $203.5M $154.7M $145.6M $198.5M $178.2M $125.4M $146.8M $180.8M $199.2M $225.8M $215.7M $210.7M $185.9M $136.9M $184.8M $207.3M $29.80M $4.000M $2.000M $0.00
YoY Change 31.5% 6.26% -26.64% 11.38% 42.12% -14.58% -18.81% -9.24% -11.78% 4.68% 2.37% 13.37% 35.76% -25.92% -10.85% 595.64% 645.0% 100.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue $203.5M $154.7M $145.6M $198.5M $178.2M $125.4M $146.8M $180.8M $199.2M $225.8M $215.7M $210.7M $185.9M $136.9M $184.8M $207.3M $29.80M $4.000M $2.000M $0.00
Cost Of Revenue $171.0M $166.0M $140.1M $180.5M $162.8M $121.7M $138.6M $162.7M $191.3M $204.9M $198.4M $202.3M $178.5M $135.0M $172.9M $175.7M $25.90M $4.800M $4.000M $0.00
Gross Profit $32.51M $7.241M $5.511M $18.00M $15.41M $3.700M $8.200M $18.10M $7.900M $21.00M $12.35M $6.836M $7.187M $1.946M $11.90M $31.70M $3.900M -$800.0K -$2.000M $0.00
Gross Profit Margin 15.98% 4.68% 3.78% 9.07% 8.65% 2.95% 5.59% 10.01% 3.97% 9.3% 5.72% 3.24% 3.87% 1.42% 6.44% 15.29% 13.09% -20.0% -100.0%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Selling, General & Admin $20.71M $16.59M $17.37M $16.85M $16.09M $13.60M $13.80M $15.80M $18.30M $18.90M $21.41M $21.63M $26.32M $27.40M $32.42M $40.50M $5.700M $1.300M $800.0K $0.00
YoY Change 24.79% -4.49% 3.12% 4.72% 18.28% -1.45% -12.66% -13.66% -3.17% -11.74% -1.02% -17.79% -3.97% -15.48% -19.95% 610.53% 338.46% 62.5%
% of Gross Profit 63.69% 229.14% 315.22% 93.58% 104.37% 367.57% 168.29% 87.29% 231.65% 90.0% 173.46% 316.47% 366.16% 1408.22% 272.36% 127.76% 146.15%
Research & Development $100.0K
YoY Change
% of Gross Profit
Depreciation & Amortization $6.383M $6.060M $6.336M $6.279M $7.497M $9.180M $9.000M $6.910M $9.180M $10.94M $14.86M $16.54M $14.53M $16.46M $22.70M $20.09M $3.520M $330.0K $240.0K
YoY Change 5.33% -4.36% 0.91% -16.25% -18.33% 2.0% 30.25% -24.73% -16.09% -26.36% -10.17% 13.78% -11.72% -27.48% 12.99% 470.74% 966.67% 37.5%
% of Gross Profit 19.64% 83.69% 114.97% 34.88% 48.64% 248.11% 109.76% 38.18% 116.2% 52.1% 120.34% 241.91% 202.23% 845.99% 190.69% 63.38% 90.26%
Operating Expenses $21.37M $17.60M $18.11M $17.58M $17.77M $15.40M $15.60M $16.20M $18.70M $20.90M $25.56M $24.13M $27.62M $71.17M $124.2M $51.10M $7.400M $1.200M $900.0K $0.00
YoY Change 21.44% -2.81% 2.99% -1.07% 15.38% -1.28% -3.7% -13.37% -10.53% -18.22% 5.89% -12.61% -61.2% -42.68% 142.97% 590.54% 516.67% 33.33%
Operating Profit $11.14M -$10.36M -$12.59M $422.0K -$2.357M -$11.70M -$7.400M $1.900M -$10.80M $100.0K -$13.21M -$17.30M -$20.43M -$69.23M -$112.3M -$19.40M -$3.500M -$2.000M -$2.900M $0.00
YoY Change -207.56% -17.77% -3084.36% -117.9% -79.85% 58.11% -489.47% -117.59% -10900.0% -100.76% -23.63% -15.33% -70.49% -38.33% 478.62% 454.29% 75.0% -31.03%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Interest Expense -$3.201M -$3.218M -$1.129M -$1.984M -$2.309M -$1.500M -$800.0K -$600.0K -$800.0K -$700.0K -$985.0K -$1.711M -$1.117M -$1.172M -$2.174M -$2.100M -$900.0K -$400.0K -$200.0K
YoY Change -0.53% 185.03% -43.09% -14.08% 53.93% 87.5% 33.33% -25.0% 14.29% -28.93% -42.43% 53.18% -4.69% -46.09% 3.52% 133.33% 125.0% 100.0%
% of Operating Profit -28.74% -470.14% -31.58% -700.0%
Other Income/Expense, Net -$3.249M $12.01M $15.47M -$1.861M -$2.191M $2.400M $0.00 $0.00 $400.0K $100.0K $2.893M -$584.0K -$245.0K -$686.0K $4.280M -$200.0K $0.00 $0.00 $0.00
YoY Change -127.06% -22.36% -931.06% -15.06% -191.29% -100.0% 300.0% -96.54% -595.38% 138.37% -64.29% -116.03% -2240.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Pretax Income $7.890M $1.652M $2.872M -$1.439M -$4.548M -$24.20M -$8.200M $1.300M -$12.30M -$2.000M -$10.32M -$17.88M -$20.67M -$69.91M -$108.0M -$24.20M -$4.400M -$2.700M -$3.100M $0.00
YoY Change 377.6% -42.48% -299.58% -68.36% -81.21% 195.12% -730.77% -110.57% 515.0% -80.61% -42.3% -13.51% -70.43% -35.25% 346.17% 450.0% 62.96% -12.9%
Income Tax $241.0K -$1.000K $25.00K $48.00K $38.00K -$200.0K -$5.000M $0.00 $0.00 -$200.0K $72.00K $26.00K $68.00K -$160.0K -$947.0K $1.100M -$1.000M $0.00 $0.00 $0.00
% Of Pretax Income 3.05% -0.06% 0.87% 0.0%
Net Earnings $7.649M $1.653M $2.847M -$1.487M -$4.523M -$24.10M -$3.600M $300.0K -$21.80M -$6.200M -$10.50M -$17.90M -$21.90M -$85.20M -$110.1M -$25.30M -$3.400M -$2.700M -$3.100M $0.00
YoY Change 362.73% -41.94% -291.46% -67.12% -81.23% 569.44% -1300.0% -101.38% 251.61% -40.95% -41.34% -18.26% -74.3% -22.62% 335.18% 644.12% 25.93% -12.9%
Net Earnings / Revenue 3.76% 1.07% 1.96% -0.75% -2.54% -19.22% -2.45% 0.17% -10.94% -2.75% -4.87% -8.5% -11.78% -62.24% -59.58% -12.2% -11.41% -67.5% -155.0%
Basic Earnings Per Share $0.36 $0.09 $0.15 -$0.09 -$0.28 -$0.73 -$1.27 -$1.89 -$8.02
Diluted Earnings Per Share $0.36 $0.08 $0.15 -$0.09 -$0.28 -$1.555M -$238.4K $19.87K -$1.483M -$421.8K -$0.73 -$1.27 -$1.89 -$8.01 -$11.35M -$2.811M -$653.8K -$794.1K -$1.348M $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Cash & Short-Term Investments $1.099M $12.73M $900.0K $3.400M $2.400M $1.200M $100.0K $21.90M $12.60M $20.10M $26.10M $500.0K $13.30M $15.30M $4.700M $15.30M $5.800M $100.0K $200.0K
YoY Change -91.37% 1314.67% -73.53% 41.67% 100.0% 1100.0% -99.54% 73.81% -37.31% -22.99% 5120.0% -96.24% -13.07% 225.53% -69.28% 163.79% 5700.0% -50.0%
Cash & Equivalents
Short-Term Investments $0.00 $3.200M $6.200M $8.000M $1.100M
Other Short-Term Assets $3.500M $3.291M $2.700M $2.900M $2.100M $1.800M $2.400M $3.200M $6.000M $9.500M $4.400M $12.20M $12.90M $10.50M $8.500M $4.400M $2.400M $0.00 $0.00
YoY Change 6.35% 21.89% -6.9% 38.1% 16.67% -25.0% -25.0% -46.67% -36.84% 115.91% -63.93% -5.43% 22.86% 23.53% 93.18% 83.33%
Inventory $37.41M $44.26M $33.40M $26.70M $31.90M $22.70M $19.30M $21.20M $24.20M $31.10M $37.10M $22.00M $23.40M $17.70M $8.800M $41.90M $13.00M $300.0K $300.0K
Prepaid Expenses
Receivables $20.69M $18.97M $14.90M $17.60M $18.30M $17.50M $13.60M $11.90M $9.800M $17.00M $18.70M $20.00M $25.30M $21.40M $21.50M $36.70M $13.50M $200.0K $200.0K
Other Receivables $7.051M $0.00 $500.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $69.75M $79.26M $52.30M $50.60M $54.70M $43.10M $35.40M $58.20M $52.60M $77.70M $86.30M $54.80M $75.00M $65.00M $43.60M $98.20M $34.80M $600.0K $600.0K
YoY Change -12.0% 51.54% 3.36% -7.5% 26.91% 21.75% -39.18% 10.65% -32.3% -9.97% 57.48% -26.93% 15.38% 49.08% -55.6% 182.18% 5700.0% 0.0%
Property, Plant & Equipment $62.72M $61.72M $61.70M $64.50M $62.90M $49.10M $55.70M $54.60M $51.90M $58.50M $69.10M $79.90M $87.80M $106.3M $129.6M $144.7M $58.90M $2.800M $2.700M
YoY Change 1.62% 0.02% -4.34% 2.54% 28.11% -11.85% 2.01% 5.2% -11.28% -15.34% -13.52% -9.0% -17.4% -17.98% -10.44% 145.67% 2003.57% 3.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $630.0K $839.0K $600.0K $400.0K $300.0K $400.0K $200.0K $300.0K $400.0K $4.900M $2.400M $800.0K $900.0K $2.100M $21.30M $300.0K $500.0K $0.00 $0.00
YoY Change -24.91% 39.83% 50.0% 33.33% -25.0% 100.0% -33.33% -25.0% -91.84% 104.17% 200.0% -11.11% -57.14% -90.14% 7000.0% -40.0%
Total Long-Term Assets $65.41M $65.28M $65.70M $69.10M $68.20M $56.10M $77.00M $59.50M $57.30M $68.90M $77.40M $88.10M $97.90M $118.5M $187.9M $281.5M $171.0M $3.300M $2.700M
YoY Change 0.2% -0.64% -4.92% 1.32% 21.57% -27.14% 29.41% 3.84% -16.84% -10.98% -12.15% -10.01% -17.38% -36.93% -33.25% 64.62% 5081.82% 22.22%
Total Assets $135.2M $144.5M $118.0M $119.7M $122.9M $99.20M $112.4M $117.7M $109.9M $146.6M $163.7M $142.9M $172.9M $183.5M $231.5M $379.7M $205.8M $3.900M $3.300M
YoY Change
Accounts Payable $20.73M $26.26M $16.50M $18.20M $21.90M $11.60M $11.80M $15.90M $13.80M $17.50M $27.50M $16.40M $17.40M $22.30M $14.50M $40.20M $10.10M $1.600M $1.200M $0.00
YoY Change -21.05% 59.12% -9.34% -16.89% 88.79% -1.69% -25.79% 15.22% -21.14% -36.36% 67.68% -5.75% -21.97% 53.79% -63.93% 298.02% 531.25% 33.33%
Accrued Expenses $8.074M $6.169M $5.400M $7.900M $6.200M $3.800M $4.300M $8.300M $8.000M $9.100M $7.600M $5.600M $5.400M $6.100M $6.500M $10.40M $12.50M $1.500M $600.0K
YoY Change 30.88% 14.24% -31.65% 27.42% 63.16% -11.63% -48.19% 3.75% -12.09% 19.74% 35.71% 3.7% -11.48% -6.15% -37.5% -16.8% 733.33% 150.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $25.00M $4.400M $3.400M $0.00
YoY Change -100.0% 468.18% 29.41%
Long-Term Debt Due $8.056M $3.178M $8.700M $2.800M $13.50M $12.90M $15.00M $500.0K $3.200M $900.0K $1.100M $3.500M $3.200M $2.500M $19.40M $14.00M $13.40M $700.0K $500.0K
YoY Change 153.49% -63.47% 210.71% -79.26% 4.65% -14.0% 2900.0% -84.38% 255.56% -18.18% -68.57% 9.38% 28.0% -87.11% 38.57% 4.48% 1814.29% 40.0%
Total Short-Term Liabilities $53.61M $70.18M $42.70M $48.00M $64.30M $51.90M $41.00M $43.30M $36.80M $51.70M $60.50M $33.80M $48.40M $44.50M $52.70M $85.70M $62.40M $8.400M $5.900M $0.00
YoY Change -23.61% 64.35% -11.04% -25.35% 23.89% 26.59% -5.31% 17.66% -28.82% -14.55% 78.99% -30.17% 8.76% -15.56% -38.51% 37.34% 642.86% 42.37%
Long-Term Debt $9.622M $11.37M $2.700M $11.40M $1.200M $2.000M $1.700M $3.600M $2.600M $3.100M $3.900M $3.600M $5.800M $11.50M $16.10M $29.30M $18.30M $800.0K $900.0K $0.00
YoY Change -15.35% 321.0% -76.32% 850.0% -40.0% 17.65% -52.78% 38.46% -16.13% -20.51% 8.33% -37.93% -49.57% -28.57% -45.05% 60.11% 2187.5% -11.11%
Other Long-Term Liabilities $15.90M $16.72M $18.60M $19.70M $16.60M $2.000M $3.600M $2.200M $3.100M $3.500M $3.900M $2.200M $800.0K $1.300M $6.600M $1.000M $400.0K $0.00
YoY Change -4.9% -10.1% -5.58% 18.67% 730.0% -44.44% 63.64% -29.03% -11.43% -10.26% 77.27% 175.0% -38.46% -80.3% 560.0% 150.0%
Total Long-Term Liabilities $25.53M $28.09M $21.30M $31.10M $17.80M $4.000M $5.300M $5.800M $5.700M $6.600M $7.800M $5.800M $6.600M $12.80M $22.70M $30.30M $18.70M $800.0K $900.0K $0.00
YoY Change -9.13% 31.87% -31.51% 74.72% 345.0% -24.53% -8.62% 1.75% -13.64% -15.38% 34.48% -12.12% -48.44% -43.61% -25.08% 62.03% 2237.5% -11.11%
Total Liabilities $79.14M $98.27M $63.90M $79.00M $82.10M $55.80M $46.30M $49.10M $42.40M $58.20M $68.40M $39.60M $55.00M $57.30M $75.90M $117.6M $81.30M $9.200M $6.800M $0.00
YoY Change -19.47% 53.78% -19.11% -3.78% 47.13% 20.52% -5.7% 15.8% -27.15% -14.91% 72.73% -28.0% -4.01% -24.51% -35.46% 44.65% 783.7% 35.29%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Basic Shares Outstanding 21.19M 20.30M 18.73M 16.75M 16.13M 15.47M 15.05M 14.84M 14.68M 14.72M 14.46M shares 14.06M shares 11.62M shares 10.63K shares 96.57M shares
Diluted Shares Outstanding 21.49M 20.30M 19.39M 16.75M 16.13M 14.46M shares 14.06M shares 11.62M shares 10.63K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $47.709 Million

About Broadwind Inc

Broadwind, Inc. is engaged in the manufacture of structures, equipment, and components for clean tech and other specialized applications. The company is headquartered in Cicero, Illinois and currently employs 444 full-time employees. The company went IPO on 2004-03-29. The firm operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides large, complex and precision fabrications to customers in a broad range of industrial markets. The Gearing segment provides gearing and gearboxes to a set of customers in diverse markets, including onshore and offshore oil and gas, fracking and drilling, surface and underground mining, wind energy, steel, material handling, infrastructure, marine and other industrial markets. The company also provides gearbox repair services. Industrial Solutions provides supply chain solutions, light fabrication, inventory management, kitting, and assembly services, primarily serving the combined cycle natural gas turbine market. The company also provides packaging solutions and fabricates panels and sub-assemblies.

Industry: Nonferrous Foundries (Castings) Peers: 374Water Inc Babcock & Wilcox Enterprises Inc Bloom Energy Corp Clean Energy Technologies, Inc. Power Solutions International Inc Ocean Power Technologies Inc Polar Power Inc TPI Composites Inc