Insteel Industries, Inc. (IIIN) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Manufacturing - Metal Fabrication
EV/EBITDA
↑
7.28
↓-16% vs avg
5yr avg: 8.72
30Y Low2.4·High18.0
P/FCF
↑
29.81
↑+59% vs avg
5yr avg: 18.80
30Y Low0.8·High41.6
P/B Ratio
↓
1.53
↓-17% vs avg
5yr avg: 1.84
30Y Low0.1·High3.1
ROE
↓
11.4%
↑-33% vs avg
5yr avg: 16.9%
30Y Low-70%·High72%
Debt/EBITDA
↑
0.05
↑+60% vs avg
5yr avg: 0.03
30Y Low0.0·High9.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
IIIN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Insteel Industries, Inc. trades at 13.9x earnings, 18% below its 5-year average of 16.9x, sitting at the 43rd percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a discount of 46%. On a free-cash-flow basis, the stock trades at 29.8x P/FCF, 59% above the 5-year average of 18.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $565M | $753M | $609M | $635M | $521M | $743M | $362M | $397M | $692M | $502M | $691M |
| Enterprise Value | $530M | $718M | $499M | $511M | $474M | $655M | $296M | $359M | $648M | $470M | $632M |
| P/E Ratio → | 13.85 | 18.33 | 31.40 | 19.55 | 4.16 | 11.16 | 19.08 | 70.79 | 19.09 | 22.32 | 18.58 |
| P/S Ratio | 0.87 | 1.16 | 1.15 | 0.98 | 0.63 | 1.26 | 0.77 | 0.87 | 1.53 | 1.29 | 1.65 |
| P/B Ratio | 1.53 | 2.03 | 1.73 | 1.66 | 1.34 | 2.46 | 1.37 | 1.61 | 2.86 | 2.25 | 3.08 |
| P/FCF | 29.81 | 39.72 | 15.58 | 5.70 | — | 14.19 | 7.38 | — | 19.47 | — | 16.62 |
| P/OCF | 20.80 | 27.71 | 10.46 | 4.47 | 91.84 | 10.64 | 6.45 | 60.09 | 12.82 | 24.71 | 12.66 |
P/E links to full P/E history page with 30-year chart
IIIN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Insteel Industries, Inc.'s enterprise value stands at 7.3x EBITDA, 16% below its 5-year average of 8.7x. The Industrials sector median is 13.8x, placing the stock at a 47% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.11 | 0.94 | 0.79 | 0.57 | 1.11 | 0.63 | 0.79 | 1.43 | 1.21 | 1.51 |
| EV / EBITDA | 7.28 | 9.86 | 14.07 | 10.65 | 2.70 | 6.32 | 7.66 | 16.95 | 11.71 | 10.23 | 9.27 |
| EV / EBIT | 9.74 | 13.33 | 19.65 | 12.22 | 2.93 | 7.60 | 12.21 | 47.08 | 15.15 | 13.69 | 11.19 |
| EV / FCF | — | 37.89 | 12.77 | 4.59 | — | 12.51 | 6.03 | — | 18.24 | — | 15.20 |
IIIN Profitability
Margins and return-on-capital ratios measuring operating efficiency
Insteel Industries, Inc. earns an operating margin of 8.4%, above the Industrials sector average of 4.3%. Operating margins have expanded from 5.3% to 8.4% over the past 3 years, signaling improving operational efficiency. ROE of 11.4% is modest. ROIC of 14.1% represents solid returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 14.4% | 14.4% | 9.4% | 10.1% | 23.9% | 20.6% | 11.8% | 6.6% | 15.6% | 15.4% | 20.4% |
| Operating Margin | 8.4% | 8.4% | 3.8% | 5.3% | 19.5% | 15.1% | 5.2% | 1.7% | 9.4% | 8.8% | 13.5% |
| Net Profit Margin | 6.3% | 6.3% | 3.6% | 5.0% | 15.1% | 11.3% | 4.0% | 1.2% | 8.0% | 5.8% | 8.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.4% | 11.4% | 5.3% | 8.4% | 36.1% | 23.5% | 7.4% | 2.3% | 15.6% | 10.1% | 17.5% |
| ROA | 9.3% | 9.3% | 4.4% | 7.1% | 29.0% | 18.3% | 6.0% | 1.8% | 11.8% | 7.8% | 13.5% |
| ROIC | 14.1% | 14.1% | 6.0% | 8.7% | 43.4% | 32.4% | 9.0% | 2.8% | 16.4% | 14.4% | 25.5% |
| ROCE | 14.1% | 14.1% | 5.2% | 8.6% | 44.1% | 29.4% | 8.9% | 2.9% | 17.1% | 14.3% | 25.0% |
IIIN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Insteel Industries, Inc. carries a Debt/EBITDA ratio of 0.1x, which is very conservative (98% below the sector average of 3.2x). The company holds a net cash position — cash of $39M exceeds total debt of $4M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 1046.8x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | — | — | — | — |
| Debt / EBITDA | 0.05 | 0.05 | 0.05 | 0.04 | 0.01 | 0.02 | 0.07 | — | — | — | — |
| Net Debt / Equity | — | -0.09 | -0.31 | -0.32 | -0.12 | -0.29 | -0.25 | -0.16 | -0.18 | -0.14 | -0.26 |
| Net Debt / EBITDA | -0.48 | -0.48 | -3.10 | -2.58 | -0.27 | -0.85 | -1.71 | -1.80 | -0.79 | -0.70 | -0.86 |
| Debt / FCF | — | -1.83 | -2.81 | -1.11 | — | -1.68 | -1.35 | — | -1.24 | — | -1.42 |
| Interest Coverage | 1046.85 | 1046.85 | 225.18 | 399.00 | 1772.11 | 928.75 | 230.56 | 45.38 | 372.83 | 252.01 | 358.10 |
Net cash position: cash ($39M) exceeds total debt ($4M)
IIIN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Insteel Industries, Inc.'s current ratio of 3.97x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.88x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 6.47x to 3.97x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.97 | 3.97 | 5.68 | 6.47 | 5.36 | 3.59 | 3.67 | 5.65 | 2.72 | 3.79 | 3.36 |
| Quick Ratio | 1.88 | 1.88 | 3.79 | 4.24 | 2.20 | 2.44 | 2.39 | 3.16 | 1.41 | 1.85 | 2.03 |
| Cash Ratio | 0.59 | 0.59 | 2.37 | 2.72 | 0.77 | 1.31 | 1.28 | 1.34 | 0.61 | 0.76 | 1.09 |
| Asset Turnover | — | 1.40 | 1.25 | 1.45 | 1.75 | 1.51 | 1.40 | 1.56 | 1.38 | 1.37 | 1.43 |
| Inventory Turnover | 4.02 | 4.02 | 5.40 | 5.65 | 3.18 | 5.93 | 6.04 | 6.01 | 4.06 | 4.02 | 4.68 |
| Days Sales Outstanding | — | 44.36 | 41.15 | 35.66 | 36.04 | 41.97 | 41.56 | 35.39 | 41.46 | 37.81 | 41.33 |
IIIN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Insteel Industries, Inc. returns 4.2% to shareholders annually — split between a 3.8% dividend yield and 0.4% buyback yield. A payout ratio of 53.0% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 7.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.8% | 2.9% | 8.4% | 6.5% | 7.9% | 4.2% | 0.6% | 0.6% | 3.1% | 5.2% | 3.0% |
| Payout Ratio | 53.0% | 53.0% | 263.9% | 127.3% | 32.9% | 47.0% | 12.2% | 41.3% | 58.8% | 115.4% | 56.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.2% | 5.5% | 3.2% | 5.1% | 24.0% | 9.0% | 5.2% | 1.4% | 5.2% | 4.5% | 5.4% |
| FCF Yield | 3.4% | 2.5% | 6.4% | 17.6% | — | 7.0% | 13.5% | — | 5.1% | — | 6.0% |
| Buyback Yield | 0.4% | 0.3% | 0.3% | 0.4% | 0.2% | 0.0% | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 4.2% | 3.2% | 8.7% | 6.9% | 8.1% | 4.2% | 0.6% | 0.6% | 3.1% | 5.2% | 3.0% |
| Shares Outstanding | — | $20M | $20M | $20M | $20M | $20M | $19M | $19M | $19M | $19M | $19M |
Peer Comparison
Compare IIIN with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 IIINYou | $565M | 13.9 | 7.3 | 29.8 | 14.4% | 8.4% | 11.4% | 14.1% | 0.1 |
 NUE | $56B | 32.4 | 14.6 | — | 11.9% | 8.2% | 8.0% | 7.7% | 1.7 |
 STLD | $36B | 31.3 | 19.6 | 72.2 | 13.0% | 8.1% | 13.3% | 9.2% | 2.1 |
 CMC | $8B | 97.8 | 10.4 | 25.7 | 15.6% | 6.7% | 2.0% | 8.5% | 1.7 |
 RS | $20B | 28.4 | 16.9 | 40.3 | 26.8% | 7.2% | 10.3% | 8.9% | 1.5 |
 WS | $2B | 18.6 | 10.4 | 20.2 | 12.6% | 4.8% | 9.6% | 8.2% | 1.1 |
 MLI | $15B | 20.0 | 14.4 | 22.2 | 27.4% | 21.4% | 28.7% | 44.7% | 0.0 |
 ZEUS | $533M | 24.3 | 10.6 | 127.1 | 23.2% | 2.5% | 4.1% | 4.3% | 4.0 |
 SXC | $733M | -16.6 | 6.0 | 17.3 | 7.1% | 3.5% | -6.6% | 4.3% | 3.1 |
 VMC | $39B | 37.3 | 19.1 | 34.6 | 27.3% | 20.1% | 13.0% | 8.8% | 2.3 |
 MLM | $37B | 32.4 | 19.5 | 37.6 | 30.0% | 23.3% | 11.7% | 7.6% | 2.5 |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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IIIN — Frequently Asked Questions
Quick answers to the most common questions about buying IIIN stock.
What is Insteel Industries, Inc.'s P/E ratio?
Insteel Industries, Inc.'s current P/E ratio is 13.9x. The historical average is 21.2x. This places it at the 43th percentile of its historical range.
What is Insteel Industries, Inc.'s EV/EBITDA?
Insteel Industries, Inc.'s current EV/EBITDA is 7.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.7x.
What is Insteel Industries, Inc.'s ROE?
Insteel Industries, Inc.'s return on equity (ROE) is 11.4%. The historical average is 9.0%.
Is IIIN stock overvalued?
Based on historical data, Insteel Industries, Inc. is trading at a P/E of 13.9x. This is at the 43th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Insteel Industries, Inc.'s dividend yield?
Insteel Industries, Inc.'s current dividend yield is 3.82% with a payout ratio of 53.0%.
What are Insteel Industries, Inc.'s profit margins?
Insteel Industries, Inc. has 14.4% gross margin and 8.4% operating margin.
How much debt does Insteel Industries, Inc. have?
Insteel Industries, Inc.'s Debt/EBITDA ratio is 0.1x, indicating low leverage. A ratio below 2x is generally considered financially healthy.