Login

RAVEN INDUSTRIES INC

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2022 10-Q, filed Aug 25, 2021. Its latest SEC filing is a 15-12B from Feb 14, 2022.

The sections below describe the company as of the FY2021 annual report.

What Did They Do?

Sells precision-agriculture equipment, plastic films and sheeting, and aerospace and defense products to agricultural customers, industrial and construction businesses, and government and commercial users.

How Did They Make Money?

Customers buy precision-agriculture equipment and most film and sheeting for fixed prices, usually when products ship. Raven also earns money from installation, customized products and some aerospace contracts as work progresses or as units are delivered.

revenue

Who Were Their Customers?

Agricultural equipment makers buy precision-agriculture products as original equipment manufacturers, while other sales go through aftermarket distributors. Film sales are direct in geomembrane and industrial markets and mostly through distributors in construction and agriculture; Aerostar sells to government agencies and commercial users, often as a subcontractor.

Customers above 10% of revenue, FY2021
of revenue from one customer
FY2019: no customer at 10% or more of revenue

Did Revenues Turn Into Profits?

Yes. It kept 5 cents of every revenue dollar as net income in .

Operating income,
6% of revenue
▼ −51% vs ($39.9M, 10%)
Net income,
5% of revenue
▼ −46% vs ($35.2M, 9%)

How Were They Changing?

Since the FY2021 annual report
Latest quarter: Q2 FY2022, the three months to Jul 31, 2021
Revenue
▲ +34%
vs $85.2M in Q2 FY2021
Net income
▲ +18%
vs $5.8M in Q2 FY2021
Engineered Films share of revenue vs 42.6% in Q2 FY2021
  • Nov 30, 2021 CNH Industrial completed its acquisition of Raven Raven became a wholly owned subsidiary of CNH Industrial.

Grew. Revenue grew 26% in 4 years, from $277.4M in to $348.4M in , about 6% a year.

Autonomous agriculture Applied Technology's earlier description centered on precision-agriculture controls and farm information tools; the latest report adds autonomous smart-machine platforms and implements, with pre-orders for AutoCart and planned launches of the Dot Power Platform and tractor units.

Revenue over time
Applied Technology Engineered Films Aerostar
$500M$250M$0

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support