Insteel Industries
Makes PC strand and welded wire reinforcement for concrete construction.
Something off on this page? Send us feedback.
Profile
Makes PC strand and welded wire reinforcement used in concrete construction, with demand tied mainly to nonresidential projects. The business runs as one focused segment, sells mostly across the United States, and depends on wire rod supply, trade policy, weather, and construction cycles.
Manufactures steel-wire reinforcing products for concrete construction through PC strand and welded wire reinforcement as core product lines. PC strand supports precast concrete structures such as bridges, parking decks, and buildings, while WWR includes engineered structural mesh, concrete pipe reinforcement, and standard welded wire reinforcement.
The footprint is concentrated in U.S. manufacturing, with sales nationwide and smaller activity in Canada, Mexico, and Central and South America. Demand is tied mainly to nonresidential construction and concrete-product manufacturers.
Execution centers on focused capacity, acquisitions inside WWR and PC strand, and long-tenured operating leadership. The business depends on hot-rolled carbon steel wire rod, domestic-content rules for some applications, trade-policy conditions, weather, and customer inventory cycles.
Company facts
Categories
Key statistics
Year to date −6.0% · Average volume (30d) 221.4K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 16, 2026Q3 FY26 | $0.45 | $0.46 | +2.2% | $192.1M | $197.7M | +2.9% | +3.26% |
| Apr 16, 2026Q2 FY26 | $0.80 | $0.27 | −66.3% | $178.2M | $172.7M | −3.1% | −8.03% |
| Jan 15, 2026Q1 FY26 | $0.33 | $0.39 | +18.2% | $162.0M | $159.9M | −1.3% | +6.65% |
| Oct 16, 2025Q4 FY25 | $0.75 | $0.74 | −1.3% | $161.3M | $177.4M | +10.0% | +1.78% |
Financial highlights
| 12 quarters | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $160.7M | $179.9M | $177.4M | $159.9M | $172.7M | $197.7M | |
| Gross profit | $24.5M | $30.8M | $28.6M | $18.1M | $16.5M | $20.1M | |
| Operating income | $13.7M | $20.2M | $18.9M | $9.3M | $6.7M | $11.5M | |
| Net income | $10.2M | $15.2M | $14.6M | $7.6M | $5.2M | $9.0M | |
| Diluted EPS | $0.52 | $0.78 | $0.74 | $0.39 | $0.27 | $0.46 | |
| Gross margin | 15.3% | 17.1% | 16.1% | 11.3% | 9.6% | 10.2% | |
| Operating margin | 8.5% | 11.2% | 10.7% | 5.8% | 3.9% | 5.8% |
Fiscal years (4-quarter sums)FY21 $590.6M · FY22 $826.8M · FY23 $649.2M · FY24 $529.2M · FY25 $647.7M
Revenue by product · Q3 FY26
Revenue by geography · Q3 FY26
Balance sheet, Jun 27, 2026Cash & short-term investments $22.9M · Total debt $2.6M · Total assets $473.9M · Shareholders' equity $371.4M
Dividends
Raised for 20 straight years. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 12, 2026 | Jun 12 | Jun 26 | $0.03 | |
| Mar 13, 2026 | Mar 13 | Mar 27 | $0.03 | |
| Nov 28, 2025 | Nov 28 | Dec 12 | $1.03 | special dividend |
| Sep 12, 2025 | Sep 12 | Sep 26 | $0.03 | |
| Jun 13, 2025 | Jun 13 | Jun 27 | $0.03 | |
| Mar 14, 2025 | Mar 14 | Mar 28 | $0.03 | |
| Nov 29, 2024 | Nov 29 | Dec 13 | $1.03 | special dividend |
| Sep 13, 2024 | Sep 13 | Sep 27 | $0.03 |
Ownership
Shares outstanding 19.36M · Float 18.44M · 95.2% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 1.52M | 7.87% | 13F | Aug 7, 2026 |
| Mirae Asset Global Etfs Holdings Ltd. | 1.20M | 6.20% | 13F | Aug 14, 2026 |
| Dimensional Fund Advisors LP | 1.17M | 6.04% | 13F | Aug 11, 2026 |
| Global X Management CO LLC | 986.4K | 5.06% | 13G | May 15, 2025 |
| Vanguard Capital Management LLC | 821.5K | 4.24% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 27, 2026 | Richard Wagner | officer: Senior Vice President and COO | −1,640 | $30.31 |
| Feb 26, 2026 | Richard Wagner | officer: Senior Vice President and COO | −1,679 | $37.67 |
| Sep 4, 2025 | James R. York | officer: Senior Vice President | −600 | $38.50 |
Peers
- Nucor
Direct WWR, wire mesh, rebar, and wire rod rival
- Commercial Metals
Major rebar and wire rod rival in construction reinforcement
- Gerdau (ADR)
Long-steel and rebar rival with U.S. and Americas scale
- Steel Dynamics
Adjacent rebar rival through long-products steel mills
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Insteel Industries | $30.49 | +0.07% | $590.2M | 16.4 | 14.6 | 0.8 | +9.9% |
| Nucor | $250.50 | −0.02% | $57.05B | 20.0 | 12.2 | 1.6 | +23.0% |
| Commercial Metals | $67.63 | −0.03% | $7.48B | 12.7 | 9.4 | 0.8 | +22.9% |
| Gerdau (ADR) | $4.64 | +0.87% | $9.07B | 21.3 | 9.5 | — | +8.2% |
| Steel Dynamics | $234.67 | +0.04% | $33.63B | 21.3 | 11.6 | 1.6 | +33.4% |
| Median | 20.6 | 10.6 | 1.6 | +22.9% |