Gibraltar Industries, Inc. (ROCK) 10-Year Financial Performance & Capital Metrics

ROCK • • Industrial / General

IndustrialsConstructionBuilding Materials & ComponentsStructural & Fastening Systems

AboutGibraltar Industries, Inc. manufactures and distributes building products for the renewable energy, residential, agtech, and infrastructure markets in North America and Asia. It operates through four segments: Renewables, Residential, Agtech, and Infrastructure. The Renewables segment designs, engineers, manufactures, and installs solar racking and electrical balance of systems. The Residential segment offers roof and foundation ventilation products and accessories, such as solar powered units; mail and electronic package solutions, including single mailboxes, cluster style mail and parcel boxes for single and multi-family housing, and electronic package locker systems; roof edgings and flashings; soffits and trims; drywall corner beads; metal roofing products and accessories; rain dispersion products comprising gutters and accessories; and exterior retractable awnings. This segment also provides electronic parcel lockers, rooftop safety kits, chimney caps, heat trace coils and exterior products, remote-controlled deck awnings for sun protection, and solar-powered ventilation products. The Agtech segment offers growing and processing solutions, including the designing, engineering, manufacturing, and installation of greenhouses; and botanical extraction systems. The Infrastructure segment offers expansion joints, structural bearings, rubber pre-formed seals and other sealants, elastomeric concrete, and bridge cable protection systems. It serves solar developers, institutional and commercial growers of food and plants, home improvement retailers, wholesalers, distributors, and contractors. Gibraltar Industries, Inc. was founded in 1972 and is headquartered in Buffalo, New York.Show more

Revenue $1.31B -5.0%
EBITDA $170M -4.4%
Net Income $137M +24.3%
EPS (Diluted) 4.46 +24.2%
Gross Margin 27.53% +4.8%
EBITDA Margin 13.01% +0.7%
Operating Margin 10.93% -0.1%
Net Margin 10.49% +30.8%
ROE 13.99% +10.0%
ROIC 12.72% +0.3%
Debt/Equity 0.04 -12.1%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y profit CAGR of 16.1%
✓Strong Piotroski F-Score: 8/9
✓High quality earnings: Operating CF exceeds net income

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y4.26%

5Y7.82%

3Y-0.78%

TTM0.65%

Profit (Net Income) CAGR

10Y-

5Y16.11%

3Y22%

TTM-96.19%

EPS CAGR

10Y-

5Y17.52%

3Y24.88%

TTM-97.78%

ROCE

10Y Avg11.74%

5Y Avg12.97%

3Y Avg13.81%

Latest13.03%

Peer Comparison

Structural & Fastening Systems

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
AWIArmstrong World Industries, Inc.	8.47B	196.50	32.64	11.62%	19.09%	34.35%	2.17%	0.79
SSDSimpson Manufacturing Co., Inc.	7.79B	187.78	24.71	0.83%	14.9%	17.1%	2.03%	0.27
APTAlpha Pro Tech, Ltd.	48.8M	4.71	13.46	-5.54%	6.23%	5.88%	3.88%	0.14
ROCKGibraltar Industries, Inc.	1.72B	58.26	13.06	-5.01%	0.35%	0.44%	8.97%	0.04

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	1.04B	1.01B	986.92M	1B	898.23M	1.03B	1.34B	1.39B	1.38B	1.31B
Revenue Growth %	0.21%	-0.03%	-0.02%	0.02%	-0.1%	0.15%	0.3%	0.04%	-0.01%	-0.05%
Cost of Goods Sold+	853.9M	763.22M	750.37M	760.01M	678.34M	774.54M	1.05B	1.07B	1.02B	948.42M
COGS % of Revenue	0.82%	0.76%	0.76%	0.76%	0.76%	0.75%	0.78%	0.77%	0.74%	0.72%
Gross Profit+	186.98M	244.76M	236.54M	242.36M	219.9M	258.04M	290.01M	318.69M	361.97M	360.34M
Gross Margin %	0.18%	0.24%	0.24%	0.24%	0.24%	0.25%	0.22%	0.23%	0.26%	0.28%
Gross Profit Growth %	0.34%	0.31%	-0.03%	0.02%	-0.09%	0.17%	0.12%	0.1%	0.14%	-0%
Operating Expenses+	134.03M	161.62M	143.45M	146.84M	139.09M	150.85M	193.02M	188.59M	211.24M	217.32M
OpEx % of Revenue	0.13%	0.16%	0.15%	0.15%	0.15%	0.15%	0.14%	0.14%	0.15%	0.17%
Selling, General & Admin	134.03M	161.62M	143.45M	146.84M	139.09M	0	184.72M	188.59M	207.44M	197.5M
SG&A % of Revenue	0.13%	0.16%	0.15%	0.15%	0.15%	-	0.14%	0.14%	0.15%	0.15%
Research & Development	900K	2.2M	0	0	0	0	0	0	0	0
R&D % of Revenue	0%	0%	-	-	-	-	-	-	-	-
Other Operating Expenses	0	-8.4M	-909K	0	0	150.85M	8.3M	0	3.8M	19.81M
Operating Income+	48.09M	72.96M	92.85M	93.97M	80.81M	107.19M	96.99M	130.1M	150.73M	143.02M
Operating Margin %	0.05%	0.07%	0.09%	0.09%	0.09%	0.1%	0.07%	0.09%	0.11%	0.11%
Operating Income Growth %	1.68%	0.52%	0.27%	0.01%	-0.14%	0.33%	-0.1%	0.34%	0.16%	-0.05%
EBITDA+	78.63M	97.08M	114.54M	114.34M	98.37M	128.1M	128.95M	156.27M	178.11M	170.34M
EBITDA Margin %	0.08%	0.1%	0.12%	0.11%	0.11%	0.12%	0.1%	0.11%	0.13%	0.13%
EBITDA Growth %	2.75%	0.23%	0.18%	-0%	-0.14%	0.3%	0.01%	0.21%	0.14%	-0.04%
D&A (Non-Cash Add-back)	30.55M	24.11M	21.69M	20.37M	17.56M	20.91M	31.97M	26.17M	27.38M	27.31M
EBIT	52.1M	97.27M	98.28M	92.01M	80.4M	113.06M	101.2M	115.54M	151.99M	154.32M
Net Interest Income+	-15M	-14.58M	-14.03M	-10.71M	-2.32M	-703K	-1.64M	-4.05M	-3M	6.17M
Interest Income	0	0	0	1.35M	0	0	0	0	0	0
Interest Expense	15M	14.58M	14.03M	12.06M	2.32M	703K	1.64M	4.05M	3M	-6.17M
Other Income/Expense	-11.63M	-23.5M	-14.94M	-1.2M	-2.73M	569K	2.57M	-18.61M	-1.74M	30.9M
Pretax Income+	37.1M	49.98M	77.91M	79.94M	78.08M	107.76M	99.56M	111.49M	148.99M	173.93M
Pretax Margin %	0.04%	0.05%	0.08%	0.08%	0.09%	0.1%	0.07%	0.08%	0.11%	0.13%
Income Tax+	13.62M	16.26M	14.94M	16.14M	18.15M	24.47M	25.05M	29.08M	38.46M	36.59M
Effective Tax Rate %	0.63%	0.67%	0.8%	0.8%	0.83%	0.6%	0.76%	0.74%	0.74%	0.79%
Net Income+	23.45M	33.67M	62.56M	63.81M	65.09M	64.57M	75.63M	82.41M	110.53M	137.34M
Net Margin %	0.02%	0.03%	0.06%	0.06%	0.07%	0.06%	0.06%	0.06%	0.08%	0.1%
Net Income Growth %	1.29%	0.44%	0.86%	0.02%	0.02%	-0.01%	0.17%	0.09%	0.34%	0.24%
Net Income (Continuing)	23.48M	33.72M	62.97M	54.11M	59.93M	83.29M	74.52M	82.41M	110.53M	137.34M
Discontinued Operations	0	0	0	9.7M	5.16M	-18.73M	1.11M	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.74	1.05	1.94	1.96	1.99	1.96	2.29	2.56	3.59	4.46
EPS Growth %	1.28%	0.42%	0.85%	0.01%	0.02%	-0.02%	0.17%	0.12%	0.4%	0.24%
EPS (Basic)	0.75	1.07	1.97	2.00	2.01	1.98	2.30	2.57	3.61	4.50
Diluted Shares Outstanding	31.55M	32.07M	32.25M	32.53M	32.72M	32.92M	33.05M	32.19M	30.79M	30.77M
Basic Shares Outstanding	31.23M	31.54M	31.7M	31.98M	32.39M	32.66M	32.87M	32.1M	30.63M	30.54M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	351.42M	391.2M	462.76M	544.55M	437.1M	425.46M	446.97M	423.94M	462.25M	651.33M
Cash & Short-Term Investments	68.86M	170.18M	222.28M	297.01M	191.36M	32.05M	12.85M	17.61M	99.43M	269.48M
Cash Only	68.86M	170.18M	222.28M	297.01M	191.36M	32.05M	12.85M	17.61M	99.43M	269.48M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	164.97M	124.07M	145.38M	140.28M	133.9M	197.99M	236.44M	217.16M	224.55M	203.92M
Days Sales Outstanding	57.85	44.93	53.77	51.08	54.41	69.99	64.42	57.02	59.49	56.87
Inventory	107.06M	89.61M	86.37M	98.91M	61.96M	98.31M	176.21M	170.36M	120.5M	138.14M
Days Inventory Outstanding	45.76	42.86	42.01	47.5	33.34	46.33	61.27	58.04	43.3	53.16
Other Current Assets	10.54M	7.34M	8.73M	8.35M	49.89M	97.11M	0	18.81M	17.77M	39.79M
Total Non-Current Assets+	538.35M	527.05M	528.62M	517.09M	547.35M	787.03M	767.93M	786.68M	794.2M	768.08M
Property, Plant & Equipment	118.93M	108.3M	97.1M	95.83M	99.35M	114.79M	115M	136.09M	152.52M	154.84M
Fixed Asset Turnover	8.75x	9.31x	10.16x	10.46x	9.04x	9.00x	11.65x	10.21x	9.03x	8.45x
Goodwill	292.39M	304.03M	321.07M	323.67M	307.36M	514.28M	510.94M	512.36M	513.38M	507.42M
Intangible Assets	123.01M	110.79M	105.77M	96.38M	76.73M	156.37M	141.5M	137.53M	125.98M	103.88M
Long-Term Investments	-42.65M	-38M	-31.24M	-36.53M	0	-39.06M	0	0	0	0
Other Non-Current Assets	4.01M	3.92M	4.68M	1.22M	63.91M	1.6M	483K	701K	2.32M	1.94M
Total Assets+	889.77M	918.25M	991.38M	1.06B	984.45M	1.21B	1.21B	1.21B	1.26B	1.42B
Asset Turnover	1.17x	1.10x	1.00x	0.94x	0.91x	0.85x	1.10x	1.15x	1.10x	0.92x
Asset Growth %	0.09%	0.03%	0.08%	0.07%	-0.07%	0.23%	0%	-0%	0.04%	0.13%
Total Current Liabilities+	185.4M	152.09M	171.03M	392.87M	229.2M	302.24M	286.99M	215.32M	225.58M	254.86M
Accounts Payable	89.2M	69.94M	82.39M	79.14M	72.63M	134.74M	172.29M	106.58M	92.12M	117.41M
Days Payables Outstanding	38.13	33.45	40.08	38.01	39.08	63.49	59.9	36.31	33.1	45.18
Short-Term Debt	400K	400K	400K	208.81M	6.49M	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	45.39M	42.72M	16.46M	29.89M	73.59M	85.31M	18.24M	19.28M	55.55M	20.19M
Current Ratio	1.90x	2.57x	2.71x	1.39x	1.91x	1.41x	1.56x	1.97x	2.05x	2.56x
Quick Ratio	1.32x	1.98x	2.20x	1.13x	1.64x	1.08x	0.94x	1.18x	1.51x	2.01x
Cash Conversion Cycle	65.48	54.33	55.71	60.58	48.67	52.82	65.78	78.75	69.69	64.85
Total Non-Current Liabilities+	294.29M	305.28M	288.63M	72.08M	81.29M	166.45M	102.65M	173.19M	115.88M	116.51M
Long-Term Debt	208.88M	209.24M	209.62M	1.6M	0	85.64M	23.78M	88.76M	0	0
Capital Lease Obligations	0	0	0	0	14.94M	17.73M	11.39M	19.04M	35.99M	35.13M
Deferred Tax Liabilities	42.65M	38M	31.24M	36.53M	35.4M	39.06M	40.28M	47.09M	57.1M	56.66M
Other Non-Current Liabilities	42.76M	58.04M	47.77M	70.48M	30.94M	24.03M	27.2M	18.3M	22.78M	24.73M
Total Liabilities	479.69M	457.37M	459.67M	464.95M	310.49M	468.69M	389.64M	388.51M	341.45M	371.38M
Total Debt+	209.28M	209.64M	210.02M	210.41M	21.43M	111.4M	42.41M	116.42M	46.27M	46.6M
Net Debt	140.42M	39.46M	-12.26M	-86.6M	-169.93M	79.35M	29.56M	98.81M	-53.16M	-222.88M
Debt / Equity	0.51x	0.45x	0.39x	0.35x	0.03x	0.15x	0.05x	0.14x	0.05x	0.04x
Debt / EBITDA	2.66x	2.16x	1.83x	1.84x	0.22x	0.87x	0.33x	0.75x	0.26x	0.27x
Net Debt / EBITDA	1.79x	0.41x	-0.11x	-0.76x	-1.73x	0.62x	0.23x	0.63x	-0.30x	-1.31x
Interest Coverage	3.21x	5.01x	6.62x	7.79x	34.79x	152.48x	59.18x	32.15x	50.21x	-
Total Equity+	410.09M	460.88M	531.72M	596.69M	673.96M	743.8M	825.26M	822.1M	915M	1.05B
Equity Growth %	0.06%	0.12%	0.15%	0.12%	0.13%	0.1%	0.11%	-0%	0.11%	0.15%
Book Value per Share	13.00	14.37	16.49	18.34	20.60	22.60	24.97	25.54	29.72	34.06
Total Shareholders' Equity	410.09M	460.88M	531.72M	596.69M	673.96M	743.8M	825.26M	822.1M	915M	1.05B
Common Stock	317K	320K	323K	329K	332K	336K	338K	340K	342K	343K
Retained Earnings	178.07M	211.75M	274.56M	339M	405.67M	469.94M	545.57M	627.98M	738.51M	875.85M
Treasury Stock	-6.35M	-7.88M	-10.76M	-17.92M	-22.23M	-28.88M	-35.38M	-125.66M	-154.36M	-166.42M
Accumulated OCI	-15.42M	-7.72M	-4.37M	-7.23M	-5.39M	-2.46M	187K	-3.43M	-2.11M	-5.33M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	86.68M	122.74M	70.07M	97.55M	129.94M	89.1M	23.07M	102.69M	218.48M	174.26M
Operating CF Margin %	0.08%	0.12%	0.07%	0.1%	0.14%	0.09%	0.02%	0.07%	0.16%	0.13%
Operating CF Growth %	1.66%	0.42%	-0.43%	0.39%	0.33%	-0.31%	-0.74%	3.45%	1.13%	-0.2%
Net Income	23.48M	33.72M	62.97M	63.81M	65.09M	83.29M	74.52M	82.41M	110.53M	137.34M
Depreciation & Amortization	30.55M	24.11M	21.69M	20.37M	19.95M	20.91M	31.97M	26.17M	27.38M	27.31M
Stock-Based Compensation	3.89M	6.37M	7.12M	9.19M	12.57M	8.17M	8.65M	8.33M	9.75M	10.96M
Deferred Taxes	-2.05M	-4.89M	-7.11M	4.78M	3.3M	3.79M	2.97M	6.34M	10.8M	-486K
Other Non-Cash Items	11.16M	27.11M	365K	4.14M	5.7M	16.64M	9.06M	17.77M	19.06M	-8.07M
Working Capital Changes	19.66M	36.31M	-14.97M	-4.75M	23.32M	-43.7M	-104.09M	-38.33M	40.95M	7.2M
Change in Receivables	-17.21M	37.83M	-21.81M	9.74M	-9.42M	2.28M	-41.89M	32.75M	-15.38M	17.91M
Change in Inventory	22.27M	11.78M	870K	-16.95M	23.11M	-5.72M	-85.76M	14.38M	45.91M	-18.62M
Change in Payables	-5.16M	-17.06M	11.33M	-4.83M	2.57M	-1.16M	38.37M	-76.26M	-14.39M	26.53M
Cash from Investing+	-125.34M	-23.87M	-16.8M	-14.55M	-19.67M	-326.71M	24.54M	-71.68M	-15.72M	8.54M
Capital Expenditures	-12.37M	-10.78M	-11.4M	-12.46M	-11.18M	-13.07M	-17.7M	-20.06M	-13.91M	-19.93M
CapEx % of Revenue	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	27.65M	2.07M	13.1M	3.15M	106K	-1.96M	38K	0	8.05M	0
Cash from Financing+	-184K	2.6M	-2.6M	-6.18M	-217.05M	79.46M	-66.61M	-25.01M	-120.33M	-12.19M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	537K	1.25M	0	0	-1.24M	0	0	-2.01M	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	74.31M	111.96M	58.67M	85.09M	118.75M	76.04M	5.37M	82.63M	204.57M	154.33M
FCF Margin %	0.07%	0.11%	0.06%	0.08%	0.13%	0.07%	0%	0.06%	0.15%	0.12%
FCF Growth %	7.03%	0.51%	-0.48%	0.45%	0.4%	-0.36%	-0.93%	14.4%	1.48%	-0.25%
FCF per Share	2.36	3.49	1.82	2.62	3.63	2.31	0.16	2.57	6.65	5.02
FCF Conversion (FCF/Net Income)	3.70x	3.64x	1.12x	1.53x	2.00x	1.38x	0.31x	1.25x	1.98x	1.27x
Interest Paid	0	0	0	0	0	0	0	0	0	1.05M
Taxes Paid	0	0	0	0	0	0	0	0	0	31.04M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	5.88%	7.73%	12.61%	11.31%	10.25%	9.11%	9.64%	10%	12.73%	13.99%
Return on Invested Capital (ROIC)	6.93%	10.42%	13.66%	13.69%	11.95%	12.11%	8.67%	10.99%	12.68%	12.72%
Gross Margin	17.96%	24.28%	23.97%	24.18%	24.48%	24.99%	21.65%	22.93%	26.27%	27.53%
Net Margin	2.25%	3.34%	6.34%	6.37%	7.25%	6.25%	5.64%	5.93%	8.02%	10.49%
Debt / Equity	0.51x	0.45x	0.39x	0.35x	0.03x	0.15x	0.05x	0.14x	0.05x	0.04x
Interest Coverage	3.21x	5.01x	6.62x	7.79x	34.79x	152.48x	59.18x	32.15x	50.21x	-
FCF Conversion	3.70x	3.64x	1.12x	1.53x	2.00x	1.38x	0.31x	1.25x	1.98x	1.27x
Revenue Growth	20.74%	-3.16%	-2.09%	1.57%	-10.39%	14.96%	29.75%	3.75%	-0.88%	-5.01%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Residential	-	-	-	-	-	-	635.5M	767.25M	814.8M	782.52M
Residential Growth	-	-	-	-	-	-	-	20.73%	6.20%	-3.96%
Renewables	-	-	-	-	-	-	432.1M	377.57M	330.74M	285.4M
Renewables Growth	-	-	-	-	-	-	-	-12.62%	-12.40%	-13.71%
Agtech	-	-	-	-	-	-	199.16M	168.87M	144.97M	152.81M
Agtech Growth	-	-	-	-	-	-	-	-15.21%	-14.15%	5.41%
Infrastructure	-	-	-	-	-	-	73.02M	76.28M	87.23M	88.03M
Infrastructure Growth	-	-	-	-	-	-	-	4.47%	14.35%	0.92%
Residential Products	475.65M	430.94M	466.6M	463.22M	461.63M	522.81M	-	-	-	-
Residential Products Growth	-	-9.40%	8.28%	-0.73%	-0.34%	13.25%	-	-	-	-
Renewable Energy and Conservation	188.53M	282.02M	306.35M	317.25M	373.02M	447.57M	-	-	-	-
Renewable Energy and Conservation Growth	-	49.59%	8.63%	3.56%	17.58%	19.98%	-	-	-	-
Infrastructure Products	-	-	-	-	-	62.2M	-	-	-	-
Infrastructure Products Growth	-	-	-	-	-	-	-	-	-	-
Industrial And Infrastructure Products	-	-	-	223.01M	213.81M	-	-	-	-	-
Industrial And Infrastructure Products Growth	-	-	-	-	-4.13%	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
North America	968.41M	963.8M	977.94M	990.77M	1.03B	1.02B	1.32B	1.37B	1.37B	1.31B
North America Growth	-	-0.48%	1.47%	1.31%	4.02%	-1.19%	29.50%	4.18%	-0.57%	-4.19%
Asia	24.24M	24.74M	7.84M	11.6M	16.8M	14.17M	20.99M	16.06M	11.72M	-
Asia Growth	-	2.04%	-68.29%	47.86%	44.84%	-15.65%	48.09%	-23.48%	-26.99%	-
Europe	48.22M	19.45M	1.13M	-	-	-	-	-	-	-
Europe Growth	-	-59.67%	-94.18%	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Gibraltar Industries, Inc. (ROCK) has a price-to-earnings (P/E) ratio of 13.1x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Gibraltar Industries, Inc. (ROCK) reported $1.21B in revenue for fiscal year 2024. This represents a 58% increase from $766.6M in 2011.

Gibraltar Industries, Inc. (ROCK) saw revenue decline by 5.0% over the past year.

Yes, Gibraltar Industries, Inc. (ROCK) is profitable, generating $4.2M in net income for fiscal year 2024 (10.5% net margin).

Dividend & Returns

Gibraltar Industries, Inc. (ROCK) has a return on equity (ROE) of 14.0%. This is reasonable for most industries.

Gibraltar Industries, Inc. (ROCK) generated $108.7M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Gibraltar Industries, Inc. (ROCK) 10-Year Financial Performance & Capital Metrics

ROCK • • Industrial / General

IndustrialsConstructionBuilding Materials & ComponentsStructural & Fastening Systems

Revenue $1.31B -5.0%
EBITDA $170M -4.4%
Net Income $137M +24.3%
EPS (Diluted) 4.46 +24.2%
Gross Margin 27.53% +4.8%
EBITDA Margin 13.01% +0.7%
Operating Margin 10.93% -0.1%
Net Margin 10.49% +30.8%
ROE 13.99% +10.0%
ROIC 12.72% +0.3%
Debt/Equity 0.04 -12.1%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y profit CAGR of 16.1%
✓Strong Piotroski F-Score: 8/9
✓High quality earnings: Operating CF exceeds net income

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y4.26%

5Y7.82%

3Y-0.78%

TTM0.65%

Profit (Net Income) CAGR

10Y-

5Y16.11%

3Y22%

TTM-96.19%

EPS CAGR

10Y-

5Y17.52%

3Y24.88%

TTM-97.78%

ROCE

10Y Avg11.74%

5Y Avg12.97%

3Y Avg13.81%

Latest13.03%

Peer Comparison

Structural & Fastening Systems

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
AWIArmstrong World Industries, Inc.	8.47B	196.50	32.64	11.62%	19.09%	34.35%	2.17%	0.79
SSDSimpson Manufacturing Co., Inc.	7.79B	187.78	24.71	0.83%	14.9%	17.1%	2.03%	0.27
APTAlpha Pro Tech, Ltd.	48.8M	4.71	13.46	-5.54%	6.23%	5.88%	3.88%	0.14
ROCKGibraltar Industries, Inc.	1.72B	58.26	13.06	-5.01%	0.35%	0.44%	8.97%	0.04

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	1.04B	1.01B	986.92M	1B	898.23M	1.03B	1.34B	1.39B	1.38B	1.31B
Revenue Growth %	0.21%	-0.03%	-0.02%	0.02%	-0.1%	0.15%	0.3%	0.04%	-0.01%	-0.05%
Cost of Goods Sold+	853.9M	763.22M	750.37M	760.01M	678.34M	774.54M	1.05B	1.07B	1.02B	948.42M
COGS % of Revenue	0.82%	0.76%	0.76%	0.76%	0.76%	0.75%	0.78%	0.77%	0.74%	0.72%
Gross Profit+	186.98M	244.76M	236.54M	242.36M	219.9M	258.04M	290.01M	318.69M	361.97M	360.34M
Gross Margin %	0.18%	0.24%	0.24%	0.24%	0.24%	0.25%	0.22%	0.23%	0.26%	0.28%
Gross Profit Growth %	0.34%	0.31%	-0.03%	0.02%	-0.09%	0.17%	0.12%	0.1%	0.14%	-0%
Operating Expenses+	134.03M	161.62M	143.45M	146.84M	139.09M	150.85M	193.02M	188.59M	211.24M	217.32M
OpEx % of Revenue	0.13%	0.16%	0.15%	0.15%	0.15%	0.15%	0.14%	0.14%	0.15%	0.17%
Selling, General & Admin	134.03M	161.62M	143.45M	146.84M	139.09M	0	184.72M	188.59M	207.44M	197.5M
SG&A % of Revenue	0.13%	0.16%	0.15%	0.15%	0.15%	-	0.14%	0.14%	0.15%	0.15%
Research & Development	900K	2.2M	0	0	0	0	0	0	0	0
R&D % of Revenue	0%	0%	-	-	-	-	-	-	-	-
Other Operating Expenses	0	-8.4M	-909K	0	0	150.85M	8.3M	0	3.8M	19.81M
Operating Income+	48.09M	72.96M	92.85M	93.97M	80.81M	107.19M	96.99M	130.1M	150.73M	143.02M
Operating Margin %	0.05%	0.07%	0.09%	0.09%	0.09%	0.1%	0.07%	0.09%	0.11%	0.11%
Operating Income Growth %	1.68%	0.52%	0.27%	0.01%	-0.14%	0.33%	-0.1%	0.34%	0.16%	-0.05%
EBITDA+	78.63M	97.08M	114.54M	114.34M	98.37M	128.1M	128.95M	156.27M	178.11M	170.34M
EBITDA Margin %	0.08%	0.1%	0.12%	0.11%	0.11%	0.12%	0.1%	0.11%	0.13%	0.13%
EBITDA Growth %	2.75%	0.23%	0.18%	-0%	-0.14%	0.3%	0.01%	0.21%	0.14%	-0.04%
D&A (Non-Cash Add-back)	30.55M	24.11M	21.69M	20.37M	17.56M	20.91M	31.97M	26.17M	27.38M	27.31M
EBIT	52.1M	97.27M	98.28M	92.01M	80.4M	113.06M	101.2M	115.54M	151.99M	154.32M
Net Interest Income+	-15M	-14.58M	-14.03M	-10.71M	-2.32M	-703K	-1.64M	-4.05M	-3M	6.17M
Interest Income	0	0	0	1.35M	0	0	0	0	0	0
Interest Expense	15M	14.58M	14.03M	12.06M	2.32M	703K	1.64M	4.05M	3M	-6.17M
Other Income/Expense	-11.63M	-23.5M	-14.94M	-1.2M	-2.73M	569K	2.57M	-18.61M	-1.74M	30.9M
Pretax Income+	37.1M	49.98M	77.91M	79.94M	78.08M	107.76M	99.56M	111.49M	148.99M	173.93M
Pretax Margin %	0.04%	0.05%	0.08%	0.08%	0.09%	0.1%	0.07%	0.08%	0.11%	0.13%
Income Tax+	13.62M	16.26M	14.94M	16.14M	18.15M	24.47M	25.05M	29.08M	38.46M	36.59M
Effective Tax Rate %	0.63%	0.67%	0.8%	0.8%	0.83%	0.6%	0.76%	0.74%	0.74%	0.79%
Net Income+	23.45M	33.67M	62.56M	63.81M	65.09M	64.57M	75.63M	82.41M	110.53M	137.34M
Net Margin %	0.02%	0.03%	0.06%	0.06%	0.07%	0.06%	0.06%	0.06%	0.08%	0.1%
Net Income Growth %	1.29%	0.44%	0.86%	0.02%	0.02%	-0.01%	0.17%	0.09%	0.34%	0.24%
Net Income (Continuing)	23.48M	33.72M	62.97M	54.11M	59.93M	83.29M	74.52M	82.41M	110.53M	137.34M
Discontinued Operations	0	0	0	9.7M	5.16M	-18.73M	1.11M	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.74	1.05	1.94	1.96	1.99	1.96	2.29	2.56	3.59	4.46
EPS Growth %	1.28%	0.42%	0.85%	0.01%	0.02%	-0.02%	0.17%	0.12%	0.4%	0.24%
EPS (Basic)	0.75	1.07	1.97	2.00	2.01	1.98	2.30	2.57	3.61	4.50
Diluted Shares Outstanding	31.55M	32.07M	32.25M	32.53M	32.72M	32.92M	33.05M	32.19M	30.79M	30.77M
Basic Shares Outstanding	31.23M	31.54M	31.7M	31.98M	32.39M	32.66M	32.87M	32.1M	30.63M	30.54M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	351.42M	391.2M	462.76M	544.55M	437.1M	425.46M	446.97M	423.94M	462.25M	651.33M
Cash & Short-Term Investments	68.86M	170.18M	222.28M	297.01M	191.36M	32.05M	12.85M	17.61M	99.43M	269.48M
Cash Only	68.86M	170.18M	222.28M	297.01M	191.36M	32.05M	12.85M	17.61M	99.43M	269.48M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	164.97M	124.07M	145.38M	140.28M	133.9M	197.99M	236.44M	217.16M	224.55M	203.92M
Days Sales Outstanding	57.85	44.93	53.77	51.08	54.41	69.99	64.42	57.02	59.49	56.87
Inventory	107.06M	89.61M	86.37M	98.91M	61.96M	98.31M	176.21M	170.36M	120.5M	138.14M
Days Inventory Outstanding	45.76	42.86	42.01	47.5	33.34	46.33	61.27	58.04	43.3	53.16
Other Current Assets	10.54M	7.34M	8.73M	8.35M	49.89M	97.11M	0	18.81M	17.77M	39.79M
Total Non-Current Assets+	538.35M	527.05M	528.62M	517.09M	547.35M	787.03M	767.93M	786.68M	794.2M	768.08M
Property, Plant & Equipment	118.93M	108.3M	97.1M	95.83M	99.35M	114.79M	115M	136.09M	152.52M	154.84M
Fixed Asset Turnover	8.75x	9.31x	10.16x	10.46x	9.04x	9.00x	11.65x	10.21x	9.03x	8.45x
Goodwill	292.39M	304.03M	321.07M	323.67M	307.36M	514.28M	510.94M	512.36M	513.38M	507.42M
Intangible Assets	123.01M	110.79M	105.77M	96.38M	76.73M	156.37M	141.5M	137.53M	125.98M	103.88M
Long-Term Investments	-42.65M	-38M	-31.24M	-36.53M	0	-39.06M	0	0	0	0
Other Non-Current Assets	4.01M	3.92M	4.68M	1.22M	63.91M	1.6M	483K	701K	2.32M	1.94M
Total Assets+	889.77M	918.25M	991.38M	1.06B	984.45M	1.21B	1.21B	1.21B	1.26B	1.42B
Asset Turnover	1.17x	1.10x	1.00x	0.94x	0.91x	0.85x	1.10x	1.15x	1.10x	0.92x
Asset Growth %	0.09%	0.03%	0.08%	0.07%	-0.07%	0.23%	0%	-0%	0.04%	0.13%
Total Current Liabilities+	185.4M	152.09M	171.03M	392.87M	229.2M	302.24M	286.99M	215.32M	225.58M	254.86M
Accounts Payable	89.2M	69.94M	82.39M	79.14M	72.63M	134.74M	172.29M	106.58M	92.12M	117.41M
Days Payables Outstanding	38.13	33.45	40.08	38.01	39.08	63.49	59.9	36.31	33.1	45.18
Short-Term Debt	400K	400K	400K	208.81M	6.49M	0	0	0	0	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	45.39M	42.72M	16.46M	29.89M	73.59M	85.31M	18.24M	19.28M	55.55M	20.19M
Current Ratio	1.90x	2.57x	2.71x	1.39x	1.91x	1.41x	1.56x	1.97x	2.05x	2.56x
Quick Ratio	1.32x	1.98x	2.20x	1.13x	1.64x	1.08x	0.94x	1.18x	1.51x	2.01x
Cash Conversion Cycle	65.48	54.33	55.71	60.58	48.67	52.82	65.78	78.75	69.69	64.85
Total Non-Current Liabilities+	294.29M	305.28M	288.63M	72.08M	81.29M	166.45M	102.65M	173.19M	115.88M	116.51M
Long-Term Debt	208.88M	209.24M	209.62M	1.6M	0	85.64M	23.78M	88.76M	0	0
Capital Lease Obligations	0	0	0	0	14.94M	17.73M	11.39M	19.04M	35.99M	35.13M
Deferred Tax Liabilities	42.65M	38M	31.24M	36.53M	35.4M	39.06M	40.28M	47.09M	57.1M	56.66M
Other Non-Current Liabilities	42.76M	58.04M	47.77M	70.48M	30.94M	24.03M	27.2M	18.3M	22.78M	24.73M
Total Liabilities	479.69M	457.37M	459.67M	464.95M	310.49M	468.69M	389.64M	388.51M	341.45M	371.38M
Total Debt+	209.28M	209.64M	210.02M	210.41M	21.43M	111.4M	42.41M	116.42M	46.27M	46.6M
Net Debt	140.42M	39.46M	-12.26M	-86.6M	-169.93M	79.35M	29.56M	98.81M	-53.16M	-222.88M
Debt / Equity	0.51x	0.45x	0.39x	0.35x	0.03x	0.15x	0.05x	0.14x	0.05x	0.04x
Debt / EBITDA	2.66x	2.16x	1.83x	1.84x	0.22x	0.87x	0.33x	0.75x	0.26x	0.27x
Net Debt / EBITDA	1.79x	0.41x	-0.11x	-0.76x	-1.73x	0.62x	0.23x	0.63x	-0.30x	-1.31x
Interest Coverage	3.21x	5.01x	6.62x	7.79x	34.79x	152.48x	59.18x	32.15x	50.21x	-
Total Equity+	410.09M	460.88M	531.72M	596.69M	673.96M	743.8M	825.26M	822.1M	915M	1.05B
Equity Growth %	0.06%	0.12%	0.15%	0.12%	0.13%	0.1%	0.11%	-0%	0.11%	0.15%
Book Value per Share	13.00	14.37	16.49	18.34	20.60	22.60	24.97	25.54	29.72	34.06
Total Shareholders' Equity	410.09M	460.88M	531.72M	596.69M	673.96M	743.8M	825.26M	822.1M	915M	1.05B
Common Stock	317K	320K	323K	329K	332K	336K	338K	340K	342K	343K
Retained Earnings	178.07M	211.75M	274.56M	339M	405.67M	469.94M	545.57M	627.98M	738.51M	875.85M
Treasury Stock	-6.35M	-7.88M	-10.76M	-17.92M	-22.23M	-28.88M	-35.38M	-125.66M	-154.36M	-166.42M
Accumulated OCI	-15.42M	-7.72M	-4.37M	-7.23M	-5.39M	-2.46M	187K	-3.43M	-2.11M	-5.33M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	86.68M	122.74M	70.07M	97.55M	129.94M	89.1M	23.07M	102.69M	218.48M	174.26M
Operating CF Margin %	0.08%	0.12%	0.07%	0.1%	0.14%	0.09%	0.02%	0.07%	0.16%	0.13%
Operating CF Growth %	1.66%	0.42%	-0.43%	0.39%	0.33%	-0.31%	-0.74%	3.45%	1.13%	-0.2%
Net Income	23.48M	33.72M	62.97M	63.81M	65.09M	83.29M	74.52M	82.41M	110.53M	137.34M
Depreciation & Amortization	30.55M	24.11M	21.69M	20.37M	19.95M	20.91M	31.97M	26.17M	27.38M	27.31M
Stock-Based Compensation	3.89M	6.37M	7.12M	9.19M	12.57M	8.17M	8.65M	8.33M	9.75M	10.96M
Deferred Taxes	-2.05M	-4.89M	-7.11M	4.78M	3.3M	3.79M	2.97M	6.34M	10.8M	-486K
Other Non-Cash Items	11.16M	27.11M	365K	4.14M	5.7M	16.64M	9.06M	17.77M	19.06M	-8.07M
Working Capital Changes	19.66M	36.31M	-14.97M	-4.75M	23.32M	-43.7M	-104.09M	-38.33M	40.95M	7.2M
Change in Receivables	-17.21M	37.83M	-21.81M	9.74M	-9.42M	2.28M	-41.89M	32.75M	-15.38M	17.91M
Change in Inventory	22.27M	11.78M	870K	-16.95M	23.11M	-5.72M	-85.76M	14.38M	45.91M	-18.62M
Change in Payables	-5.16M	-17.06M	11.33M	-4.83M	2.57M	-1.16M	38.37M	-76.26M	-14.39M	26.53M
Cash from Investing+	-125.34M	-23.87M	-16.8M	-14.55M	-19.67M	-326.71M	24.54M	-71.68M	-15.72M	8.54M
Capital Expenditures	-12.37M	-10.78M	-11.4M	-12.46M	-11.18M	-13.07M	-17.7M	-20.06M	-13.91M	-19.93M
CapEx % of Revenue	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	27.65M	2.07M	13.1M	3.15M	106K	-1.96M	38K	0	8.05M	0
Cash from Financing+	-184K	2.6M	-2.6M	-6.18M	-217.05M	79.46M	-66.61M	-25.01M	-120.33M	-12.19M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	537K	1.25M	0	0	-1.24M	0	0	-2.01M	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	74.31M	111.96M	58.67M	85.09M	118.75M	76.04M	5.37M	82.63M	204.57M	154.33M
FCF Margin %	0.07%	0.11%	0.06%	0.08%	0.13%	0.07%	0%	0.06%	0.15%	0.12%
FCF Growth %	7.03%	0.51%	-0.48%	0.45%	0.4%	-0.36%	-0.93%	14.4%	1.48%	-0.25%
FCF per Share	2.36	3.49	1.82	2.62	3.63	2.31	0.16	2.57	6.65	5.02
FCF Conversion (FCF/Net Income)	3.70x	3.64x	1.12x	1.53x	2.00x	1.38x	0.31x	1.25x	1.98x	1.27x
Interest Paid	0	0	0	0	0	0	0	0	0	1.05M
Taxes Paid	0	0	0	0	0	0	0	0	0	31.04M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	5.88%	7.73%	12.61%	11.31%	10.25%	9.11%	9.64%	10%	12.73%	13.99%
Return on Invested Capital (ROIC)	6.93%	10.42%	13.66%	13.69%	11.95%	12.11%	8.67%	10.99%	12.68%	12.72%
Gross Margin	17.96%	24.28%	23.97%	24.18%	24.48%	24.99%	21.65%	22.93%	26.27%	27.53%
Net Margin	2.25%	3.34%	6.34%	6.37%	7.25%	6.25%	5.64%	5.93%	8.02%	10.49%
Debt / Equity	0.51x	0.45x	0.39x	0.35x	0.03x	0.15x	0.05x	0.14x	0.05x	0.04x
Interest Coverage	3.21x	5.01x	6.62x	7.79x	34.79x	152.48x	59.18x	32.15x	50.21x	-
FCF Conversion	3.70x	3.64x	1.12x	1.53x	2.00x	1.38x	0.31x	1.25x	1.98x	1.27x
Revenue Growth	20.74%	-3.16%	-2.09%	1.57%	-10.39%	14.96%	29.75%	3.75%	-0.88%	-5.01%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Residential	-	-	-	-	-	-	635.5M	767.25M	814.8M	782.52M
Residential Growth	-	-	-	-	-	-	-	20.73%	6.20%	-3.96%
Renewables	-	-	-	-	-	-	432.1M	377.57M	330.74M	285.4M
Renewables Growth	-	-	-	-	-	-	-	-12.62%	-12.40%	-13.71%
Agtech	-	-	-	-	-	-	199.16M	168.87M	144.97M	152.81M
Agtech Growth	-	-	-	-	-	-	-	-15.21%	-14.15%	5.41%
Infrastructure	-	-	-	-	-	-	73.02M	76.28M	87.23M	88.03M
Infrastructure Growth	-	-	-	-	-	-	-	4.47%	14.35%	0.92%
Residential Products	475.65M	430.94M	466.6M	463.22M	461.63M	522.81M	-	-	-	-
Residential Products Growth	-	-9.40%	8.28%	-0.73%	-0.34%	13.25%	-	-	-	-
Renewable Energy and Conservation	188.53M	282.02M	306.35M	317.25M	373.02M	447.57M	-	-	-	-
Renewable Energy and Conservation Growth	-	49.59%	8.63%	3.56%	17.58%	19.98%	-	-	-	-
Infrastructure Products	-	-	-	-	-	62.2M	-	-	-	-
Infrastructure Products Growth	-	-	-	-	-	-	-	-	-	-
Industrial And Infrastructure Products	-	-	-	223.01M	213.81M	-	-	-	-	-
Industrial And Infrastructure Products Growth	-	-	-	-	-4.13%	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
North America	968.41M	963.8M	977.94M	990.77M	1.03B	1.02B	1.32B	1.37B	1.37B	1.31B
North America Growth	-	-0.48%	1.47%	1.31%	4.02%	-1.19%	29.50%	4.18%	-0.57%	-4.19%
Asia	24.24M	24.74M	7.84M	11.6M	16.8M	14.17M	20.99M	16.06M	11.72M	-
Asia Growth	-	2.04%	-68.29%	47.86%	44.84%	-15.65%	48.09%	-23.48%	-26.99%	-
Europe	48.22M	19.45M	1.13M	-	-	-	-	-	-	-
Europe Growth	-	-59.67%	-94.18%	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Gibraltar Industries, Inc. (ROCK) has a price-to-earnings (P/E) ratio of 13.1x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Gibraltar Industries, Inc. (ROCK) reported $1.21B in revenue for fiscal year 2024. This represents a 58% increase from $766.6M in 2011.

Gibraltar Industries, Inc. (ROCK) saw revenue decline by 5.0% over the past year.

Yes, Gibraltar Industries, Inc. (ROCK) is profitable, generating $4.2M in net income for fiscal year 2024 (10.5% net margin).

Dividend & Returns

Gibraltar Industries, Inc. (ROCK) has a return on equity (ROE) of 14.0%. This is reasonable for most industries.

Gibraltar Industries, Inc. (ROCK) generated $108.7M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.