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NN, Inc. (NNBR) 10-Year Financial Performance & Capital Metrics

NNBR • • Industrial / General
IndustrialsConglomeratesDiversified Industrial ConglomeratesIndustrial Manufacturing & Building Products
AboutNN, Inc., a diversified industrial company, designs, manufactures, and sells high-precision components and assemblies. It operates through two segments, Mobile Solutions and Power Solutions. The Mobile Solutions segment manufactures and sells system critical components for general industrial and automotive end markets. This segments products are used in power steering, braking, transmissions, gasoline fuel system, diesel injection, and diesel emissions treatment applications, as well as use in heating, ventilation, and air conditioning. The Power Solutions segment designs, manufactures, and sells a range of high-precision metal and plastic components, assemblies, and finished devices used in various applications, such as power control, flight control, and military devices. Its products include electrical contacts, connectors, contact assemblies, and precision stampings for the electrical, general industrial, automotive, aerospace, defense, and medical end markets. This segment also produces various tools and instruments for the orthopaedics and medical/surgical end markets. NN, Inc. was founded in 1980 and is headquartered in Charlotte, North Carolina.Show more
  • Revenue $464M -5.1%
  • EBITDA $18M -27.0%
  • Net Income -$38M +23.7%
  • EPS (Diluted) -1.11 +17.8%
  • Gross Margin 14.96% +4.5%
  • EBITDA Margin 3.82% -23.1%
  • Operating Margin -5.93% -33.1%
  • Net Margin -8.24% +19.6%
  • ROE -27.6% -7.1%
  • ROIC -6.39% -51.6%
  • Debt/Equity 2.64 +151.8%
  • Interest Coverage -1.19 -25.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 1.0x book value
  • ✓Efficient asset utilization: 1.0x turnover

✗Weaknesses

  • ✗High debt to equity ratio of 2.6x
  • ✗Negative free cash flow
  • ✗Weak momentum: RS Rating 14 (bottom 14%)
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-0.51%
5Y-1.05%
3Y-0.94%
TTM-9.85%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-12.17%

EPS CAGR

10Y-
5Y-
3Y-
TTM-10.97%

ROCE

10Y Avg-2.99%
5Y Avg-5.2%
3Y Avg-5.36%
Latest-6.87%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
GFFGriffon Corporation3.97B85.2078.17-3.95%2.78%109.49%7.65%21.52
VMIValmont Industries, Inc.8.67B440.0325.60-2.38%5.7%14.02%5.69%0.54
NNBRNN, Inc.73.29M1.46-1.32-5.11%-10.01%-27.05%2.64

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+667.28M833.49M619.79M770.66M489.51M427.53M477.58M498.74M489.27M464.29M
Revenue Growth %0.37%0.25%-0.26%0.24%-0.36%-0.13%0.12%0.04%-0.02%-0.05%
Cost of Goods Sold+525.99M621.02M458.63M588.21M392.48M343.59M390M421.11M419.18M394.81M
COGS % of Revenue0.79%0.75%0.74%0.76%0.8%0.8%0.82%0.84%0.86%0.85%
Gross Profit+141.29M212.47M161.16M182.45M97.03M83.94M87.59M77.63M70.09M69.48M
Gross Margin %0.21%0.25%0.26%0.24%0.2%0.2%0.18%0.16%0.14%0.15%
Gross Profit Growth %0.36%0.5%-0.24%0.13%-0.47%-0.13%0.04%-0.11%-0.1%-0.01%
Operating Expenses+96.38M143.23M126.54M170.8M114.63M201.4M78.58M98.72M91.9M97.03M
OpEx % of Revenue0.14%0.17%0.2%0.22%0.23%0.47%0.16%0.2%0.19%0.21%
Selling, General & Admin51.9M80.74M73.76M93.58M68.89M58.05M51.49M49.63M47.44M49.48M
SG&A % of Revenue0.08%0.1%0.12%0.12%0.14%0.14%0.11%0.1%0.1%0.11%
Research & Development0000000000
R&D % of Revenue----------
Other Operating Expenses-21.78M-214K-39.87M-1.34M45.73M143.34M27.1M49.09M44.46M47.55M
Operating Income+28.73M58.93M33.54M-178.89M-17.59M-117.46M9M-21.09M-21.8M-27.55M
Operating Margin %0.04%0.07%0.05%-0.23%-0.04%-0.27%0.02%-0.04%-0.04%-0.06%
Operating Income Growth %0.04%1.05%-0.43%-6.33%0.9%-5.68%1.08%-3.34%-0.03%-0.26%
EBITDA+73.21M109.65M85.95M-107.76M27.3M-71.78M55.2M26.14M24.32M17.75M
EBITDA Margin %0.11%0.13%0.14%-0.14%0.06%-0.17%0.12%0.05%0.05%0.04%
EBITDA Growth %0.47%0.5%-0.22%-2.25%1.25%-3.63%1.77%-0.53%-0.07%-0.27%
D&A (Non-Cash Add-back)44.48M50.72M52.41M71.13M44.9M45.68M46.2M47.23M46.12M45.3M
EBIT6.95M40.44M-8.12M-197.06M-19.09M-133.19M-9.78M-16.03M-32.66M-24.58M
Net Interest Income+-29.58M-62.87M-52.09M-11.31M-13.03M-18.9M-12.66M-15.04M-22.95M-23.14M
Interest Income317K000000000
Interest Expense29.9M63.15M52.09M11.31M13.03M18.9M12.66M15.04M22.95M23.14M
Other Income/Expense-51.67M-42.28M-90.65M-83.12M-14.53M-31M-25.18M-3.38M-26.06M-8.31M
Pretax Income+-22.95M-7.5M-58.31M-261.03M-32.13M-148.46M-16.18M-24.48M-47.87M-35.86M
Pretax Margin %-0.03%-0.01%-0.09%-0.34%-0.07%-0.35%-0.03%-0.05%-0.1%-0.08%
Income Tax+-9.91M-9.83M-79.21M-10.96M305K-8.97M-1.76M1.62M2.29M2.41M
Effective Tax Rate %0.42%-1.1%-0.45%1.01%1.45%0.68%0.82%1.07%1.05%1.07%
Net Income+-9.58M8.27M26.03M-264.47M-46.74M-100.59M-13.22M-26.1M-50.15M-38.27M
Net Margin %-0.01%0.01%0.04%-0.34%-0.1%-0.24%-0.03%-0.05%-0.1%-0.08%
Net Income Growth %-2.17%1.86%2.15%-11.16%0.82%-1.15%0.87%-0.97%-0.92%0.24%
Net Income (Continuing)-24.38M-9.49M24.55M-221.22M-30.75M-139.49M-14.43M-26.1M-50.15M-38.27M
Discontinued Operations016.15M137.69M0-15.99M38.9M1.2M000
Minority Interest32K32K00000000
EPS (Diluted)+-0.450.255.85-8.35-1.15-3.39-0.47-0.73-1.35-1.11
EPS Growth %-2.05%1.56%22.4%-2.43%0.86%-1.95%0.86%-0.55%-0.85%0.18%
EPS (Basic)-0.450.255.91-8.35-1.15-3.39-0.47-0.73-1.35-1.11
Diluted Shares Outstanding21.18M27.02M27.75M31.68M42.03M42.2M44.01M44.68M46.74M48.65M
Basic Shares Outstanding21.18M27.02M27.43M31.68M42.03M42.2M44.01M44.68M46.74M48.65M
Dividend Payout Ratio-0.92%0.3%-------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+280.57M280.56M477.28M296.87M302.98M215.22M196.28M191.7M182.55M167.56M
Cash & Short-Term Investments15.09M14.4M224.45M17.99M17.91M48.14M28.66M12.81M21.9M18.13M
Cash Only15.09M14.4M224.45M17.99M17.91M48.14M28.66M12.81M21.9M18.13M
Short-Term Investments0000000000
Accounts Receivable126.99M95.17M151.7M133.42M89.21M93.42M83.23M86.29M77.43M74.18M
Days Sales Outstanding69.4741.6889.3463.1966.5279.7563.6163.1557.7658.32
Inventory119.78M114.85M82.62M122.61M67.08M62.52M75.03M80.68M71.56M61.88M
Days Inventory Outstanding83.1267.565.7576.0962.3866.4170.2269.9362.3157.2
Other Current Assets18.26M115.42M18.52M23.87M128.78M11.15M7.2M9.12M9.19M10.52M
Total Non-Current Assets+1.12B1.08B997.72M1.2B1.28B468M382.82M354.43M328.33M289.33M
Property, Plant & Equipment318.97M322.95M259.28M361.03M301.43M273.95M255.55M244.35M229.17M201.35M
Fixed Asset Turnover2.09x2.58x2.39x2.13x1.62x1.56x1.87x2.04x2.13x2.31x
Goodwill453.88M450.31M454.61M439.45M94.78M00000
Intangible Assets282.17M255.98M237.7M376.25M117.41M103.06M88.72M72.89M58.72M44.41M
Long-Term Investments38.46M40.69M39.82M20.36M21.75M26.98M34.05M31.8M32.7M34.97M
Other Non-Current Assets24.01M9.89M6.31M7.61M703.63M5.74M4.19M5.28M7M7.27M
Total Assets+1.4B1.36B1.48B1.5B1.59B683.22M579.1M546.13M510.88M456.89M
Asset Turnover0.48x0.61x0.42x0.51x0.31x0.63x0.82x0.91x0.96x1.02x
Asset Growth %0.96%-0.03%0.08%0.02%0.06%-0.57%-0.15%-0.06%-0.06%-0.11%
Total Current Liabilities+136.65M138.62M108.42M145.03M139.48M103.23M74.02M78.81M81.62M83.91M
Accounts Payable69.1M44.69M52.99M65.69M40.97M37.44M36.71M45.87M45.48M38.88M
Days Payables Outstanding47.9526.2742.1740.7738.139.7734.3639.7639.635.94
Short-Term Debt11.71M14.65M17.28M31.28M26.09M13.93M3.07M3.32M3.91M5.04M
Deferred Revenue (Current)1000K1000K1000K1000K000000
Other Current Liabilities21.27M61.55M17M23.42M56.15M27.01M8.72M11.72M8.46M13.38M
Current Ratio2.05x2.02x4.40x2.05x2.17x2.08x2.65x2.43x2.24x2.00x
Quick Ratio1.18x1.20x3.64x1.20x1.69x1.48x1.64x1.41x1.36x1.26x
Cash Conversion Cycle104.6382.92112.9298.5190.8106.499.4793.3380.4879.58
Total Non-Current Liabilities+950.42M906.57M880.48M938.25M1B220.75M280.9M281.06M226.47M298.46M
Long-Term Debt808.36M785.71M790.8M811.47M757.25M79.03M151.05M149.39M149.37M143.59M
Capital Lease Obligations9.57M00056.49M61.91M51.3M51.41M51.77M42.29M
Deferred Tax Liabilities121.58M99.59M71.56M93.48M69.68M69.44M7.46M5.6M4.99M4.97M
Other Non-Current Liabilities115.4M26.91M18.11M33.29M118.02M10.38M71.1M74.66M20.34M107.61M
Total Liabilities1.09B1.05B988.9M1.08B1.14B323.98M354.92M359.86M308.08M382.37M
Total Debt+834.43M9.61M808.09M842.75M839.83M154.87M211.13M209.41M212.83M196.96M
Net Debt819.35M-4.79M583.64M824.76M821.92M106.73M182.47M196.61M190.93M178.83M
Debt / Equity2.68x0.03x1.66x2.01x1.88x0.43x0.94x1.12x1.05x2.64x
Debt / EBITDA11.40x0.09x9.40x-30.76x-3.82x8.01x8.75x11.09x
Net Debt / EBITDA11.19x-0.04x6.79x-30.10x-3.31x7.52x7.85x10.07x
Interest Coverage0.96x0.93x0.64x-15.81x-1.35x-6.22x0.71x-1.40x-0.95x-1.19x
Total Equity+311.76M315.2M486.1M418.3M446.29M359.24M224.19M186.26M202.8M74.52M
Equity Growth %0.8%0.01%0.54%-0.14%0.07%-0.2%-0.38%-0.17%0.09%-0.63%
Book Value per Share14.7211.6717.5113.2010.628.515.094.174.341.53
Total Shareholders' Equity311.73M315.17M486.1M418.3M446.29M359.24M224.19M186.26M202.8M74.52M
Common Stock269K272K275K421K423K427K430K439K473K499K
Retained Earnings55.15M55.51M211.08M-62.05M-105.28M-205.88M-219.1M-245.2M-295.35M-333.62M
Treasury Stock0000000000
Accumulated OCI-19.15M-25.12M-17.75M-31.63M-43.48M-33.73M-31.9M-37.12M-37.76M-48.17M
Minority Interest32K32K00000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+33.31M69.3M-59.82M40.94M49.21M15.55M15.59M7.72M29.34M11.07M
Operating CF Margin %0.05%0.08%-0.1%0.05%0.1%0.04%0.03%0.02%0.06%0.02%
Operating CF Growth %0.08%1.08%-1.86%1.68%0.2%-0.68%0%-0.5%2.8%-0.62%
Net Income-7.43M7.94M170.77M-264.47M-46.74M-100.59M-13.22M-26.1M-50.15M-38.27M
Depreciation & Amortization44.48M62.49M52.41M71.13M44.9M45.68M46.2M47.23M46.12M45.3M
Stock-Based Compensation3.7M4.27M4.73M2.42M2.82M4.23M3.22M4.38M2.82M3.14M
Deferred Taxes-16.88M-10.43M-23.2M-20.76M-3.14M-21.7M-4.84M-1.81M-1.27M-690K
Other Non-Cash Items23.54M8.02M-121.53M230.71M57.16M70.42M-9.56M-7.46M13.46M-715K
Working Capital Changes-14.11M-2.98M-143M21.91M-5.79M17.51M-6.2M-8.52M18.37M2.31M
Change in Receivables-806K-18.5M-11.37M-3.54M1.26M10.83M13.7M-4.92M9.09M-2.84M
Change in Inventory-1.84M4.38M-10.28M-16.87M1.43M5.11M-12.96M-6.67M10M4.21M
Change in Payables-6.75M7.63M4.12M2.69M-7.9M-8.61M343K8.62M1.14M-3.89M
Cash from Investing+-665.84M-41.35M282.47M-461.29M-39.43M719.28M-36.1M-17.49M-17.6M-1.01M
Capital Expenditures-38.55M-43.82M-43.72M-64.04M-54M-23.77M-18.22M-17.95M-20.5M-18.31M
CapEx % of Revenue0.06%0.05%0.07%0.08%0.11%0.06%0.04%0.04%0.04%0.04%
Acquisitions----------
Investments----------
Other Investing3M839K1.19M917K6.58M695K1.42M460K2.9M306K
Cash from Financing+611.85M-24.31M-45.84M215.09M5.3M-714.85M2.56M-5.19M-2.88M-13.24M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-6.43M-7.58M-7.7M-8.83M-8.88M-3.63M0000
Share Repurchases----------
Other Financing140.13M2.66M-41.62M-24.85M-15.05M493K-12.51M-3.23M-2.14M-5.8M
Net Change in Cash----------
Free Cash Flow+-5.24M25.48M-103.54M-23.1M-4.79M-8.22M-2.63M-10.23M8.85M-7.24M
FCF Margin %-0.01%0.03%-0.17%-0.03%-0.01%-0.02%-0.01%-0.02%0.02%-0.02%
FCF Growth %-2.69%5.86%-5.06%0.78%0.79%-0.72%0.68%-2.88%1.86%-1.82%
FCF per Share-0.250.94-3.73-0.73-0.11-0.19-0.06-0.230.19-0.15
FCF Conversion (FCF/Net Income)-3.48x8.38x-2.30x-0.15x-1.05x-0.15x-1.18x-0.30x-0.59x-0.29x
Interest Paid20.15M59.16M52.08M050.51M51.54M10.74M13.34M15.27M17.99M
Taxes Paid6.38M889K72.29M06.43M2.24M7.62M4.74M3.08M3.91M

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-3.95%2.64%6.5%-58.48%-10.81%-24.98%-4.53%-12.72%-25.78%-27.6%
Return on Invested Capital (ROIC)2.66%6.13%3.65%-11.6%-1.05%-10.16%1.55%-4.01%-4.21%-6.39%
Gross Margin21.17%25.49%26%23.67%19.82%19.63%18.34%15.57%14.33%14.96%
Net Margin-1.44%0.99%4.2%-34.32%-9.55%-23.53%-2.77%-5.23%-10.25%-8.24%
Debt / Equity2.68x0.03x1.66x2.01x1.88x0.43x0.94x1.12x1.05x2.64x
Interest Coverage0.96x0.93x0.64x-15.81x-1.35x-6.22x0.71x-1.40x-0.95x-1.19x
FCF Conversion-3.48x8.38x-2.30x-0.15x-1.05x-0.15x-1.18x-0.30x-0.59x-0.29x
Revenue Growth36.57%24.91%-25.64%24.34%-36.48%-12.66%11.71%4.43%-1.9%-5.11%

Revenue by Segment

2015201620172018201920202021202220232024
Automotive-------238.23M247.54M221.19M
Automotive Growth--------3.91%-10.64%
General Industrial-------139.97M125.63M117.73M
General Industrial Growth---------10.25%-6.28%
Electrical-------70.06M67.55M80.55M
Electrical Growth---------3.58%19.24%
Other End Market-------50.48M48.56M44.82M
Other End Market Growth---------3.81%-7.70%
Automotive Member------220.87M---
Automotive Member Growth----------
General Industrial Member------150.6M---
General Industrial Member Growth----------
Electrical Member------61.75M---
Electrical Member Growth----------
Other End Market Member------44.36M---
Other End Market Member Growth----------
Mobile Solutions---335.04M297.75M256.36M----
Mobile Solutions Growth-----11.13%-13.90%----
Power Solutions---189.78M192.1M171.27M----
Power Solutions Growth----1.22%-10.84%----
Life Sciences---248.17M359.73M-----
Life Sciences Growth----44.95%-----
Autocam Precision Components Group328.26M326.14M336.85M-------
Autocam Precision Components Group Growth--0.65%3.29%-------
Precision Engineered Products Holding Inc77.18M258.82M282.94M-------
Precision Engineered Products Holding Inc Growth-235.33%9.32%-------
Precision Bearing Components Group261.84M248.53M--------
Precision Bearing Components Group Growth--5.08%--------

Revenue by Geography

2015201620172018201920202021202220232024
Mobile Solutions----297.75M----283.94M
Mobile Solutions Growth----------
UNITED STATES326.75M456.1M437.84M157.36M-268.55M293.24M301.82M294.05M-
UNITED STATES Growth-39.59%-4.00%-64.06%--9.19%2.93%-2.58%-
CHINA---5.54M-52.01M56.97M51.56M58.2M-
CHINA Growth------9.55%-9.51%12.88%-
BRAZIL---215K-27.74M35.45M48.22M48.7M-
BRAZIL Growth------27.79%35.99%1.00%-
Other Country--6K10.76M-38.22M46.69M45.95M46.79M-
Other Country Growth---179300.00%--22.16%-1.58%1.83%-
MEXICO39.12M54.39M40.94M12.25M-29.86M35.7M40.65M26.68M-
MEXICO Growth-39.04%-24.73%-70.07%--19.53%13.86%-34.35%-
GERMANY---26K-6.22M5.78M5.51M8.7M-
GERMANY Growth-------7.20%-4.67%58.01%-
POLAND---13K-4.93M3.76M5.04M6.16M-
POLAND Growth-------23.67%34.06%22.19%-
NETHERLANDS---3.29M------
NETHERLANDS Growth----------
ITALY---221K------
ITALY Growth----------
SWITZERLAND---54K------
SWITZERLAND Growth----------
CZECH REPUBLIC---47K------
CZECH REPUBLIC Growth----------
Non-US340.53M377.39M181.96M-------
Non-US Growth-10.82%-51.79%-------
Asia86.56M102.85M62.66M-------
Asia Growth-18.82%-39.08%-------
Europe170.92M172.9M40.33M-------
Europe Growth-1.15%-76.67%-------
South America34.17M36.27M35.84M-------
South America Growth-6.14%-1.17%-------
CANADA9.76M10.98M2.18M-------
CANADA Growth-12.51%-80.18%-------

Frequently Asked Questions

Growth & Financials

NN, Inc. (NNBR) reported $424.0M in revenue for fiscal year 2024. This represents a 0% decrease from $424.7M in 2011.

NN, Inc. (NNBR) saw revenue decline by 5.1% over the past year.

NN, Inc. (NNBR) reported a net loss of $42.4M for fiscal year 2024.

Dividend & Returns

NN, Inc. (NNBR) has a return on equity (ROE) of -27.6%. Negative ROE indicates the company is unprofitable.

NN, Inc. (NNBR) generated $3.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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