Art's-Way Manufacturing Co., Inc. (ARTW) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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ARTW Revenue Growth
Revenue Breakdown (FY 2024)
ARTW's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
ARTW Revenue Analysis (2013–2024)
As of May 8, 2026, Art's-Way Manufacturing Co., Inc. (ARTW) generated trailing twelve-month (TTM) revenue of $24.1 million, reflecting solid growth of +9.5% year-over-year. The most recent quarter (Q3 2025) recorded $6.4 million in revenue, up 1.5% sequentially.
Looking at the longer-term picture, ARTW's 5-year compound annual growth rate (CAGR) stands at +1.4%, indicating moderate growth over time. The company achieved its highest annual revenue of $36.2 million in 2014.
Revenue diversification analysis shows ARTW's business is primarily driven by Farm Equipment (51%), Modular Buildings (38%), and Farm Equipment Service Parts (8%). With over half of revenue concentrated in Farm Equipment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including LEGH (-7.6% YoY), TWIN (+8.3% YoY), and AGCO (-3.8% YoY), ARTW has outperformed the peer group in terms of revenue growth. Compare ARTW vs LEGH →
ARTW Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ARTWCurrent | $24M | +9.5% | +1.4% | 1.9% | |
 LEGH | $165M | -7.6% | -1.4% | 29.4% | |
 TWIN | $341M | +8.3% | +6.7% | 2.9% | |
 AGCO | $10.1B | -3.8% | +2.0% | 6.9% | |
 CNH | $18.1B | -4.0% | +4.1% | 15.4% | |
 DE | $44.7B | +8.1% | +5.6% | 18.8% |
ARTW Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $24.5M | -19.1% | $7.3M | 29.8% | $461K | 1.9% |
| 2023 | $30.3M | +18.1% | $8.6M | 28.3% | $1.5M | 5.1% |
| 2022 | $25.6M | +2.7% | $6.9M | 27.1% | $605K | 2.4% |
| 2021 | $25.0M | +11.4% | $6.6M | 26.4% | $523K | 2.1% |
| 2020 | $22.4M | -2.1% | $2.4M | 10.7% | $-3,909,634 | -17.4% |
| 2019 | $22.9M | +16.0% | $3.9M | 17.2% | $-1,496,881 | -6.5% |
| 2018 | $19.7M | -4.8% | $3.5M | 17.8% | $-3,095,270 | -15.7% |
| 2017 | $20.7M | -3.9% | $4.1M | 19.7% | $-1,722,042 | -8.3% |
| 2016 | $21.6M | -18.1% | $5.3M | 24.7% | $-431,447 | -2.0% |
| 2015 | $26.3M | -27.2% | $6.9M | 26.3% | $-76,812 | -0.3% |
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Start ComparisonARTW — Frequently Asked Questions
Quick answers to the most common questions about buying ARTW stock.
Is ARTW's revenue growth accelerating or slowing?
ARTW maintains +9.5% revenue growth, in line with its 5-year CAGR of +1.4%. TTM revenue stands at $24M. Growth rate remains consistent with historical average.
What is ARTW's long-term revenue growth rate?
Art's-Way Manufacturing Co., Inc.'s 5-year revenue CAGR of +1.4% reflects the sustained expansion pattern. Current YoY growth of +9.5% is near this long-term average.
How is ARTW's revenue distributed by segment?
ARTW reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.