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IIIN · NYSE

Insteel Industries Inc.

Metal Fabrication · United States

USD 28.841.4% daily changeQuote 2026-11-02 · USD
Market cap (USD)
US$558.16M
Trailing P/E
18.85x
Forward P/E
12.38x
Quarterly revenue growth
17.9%
Trailing net margin
4.0%
Indicated dividend yield
0.4%

Snapshot 2026-11-03 · Latest financial period 2026-10-03 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2027-01-14 (provider estimate; issuer confirmation unavailable here).

Company background

Insteel Industries Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand, a seven-wire strand that is used to impart compression forces into precast concrete elements and structures providing reinforcement for bridges, parking decks, buildings, and other concrete structures. The company's WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. It sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors. Insteel Industries Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

Company website

Q3 FY2026

Go beyond the headline.

Insteel Stock (IIIN): They Raised Prices 8% — And Margins Collapsed Anyway (Q3 FY2026)

Published 2026-07-18

Comparable businesses

IIIN peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricIIINInsteel Industries Inc.Snapshot 2026-11-03Financial period: 2026-10-03WORWorthington Enterprises, Inc.Snapshot 2026-11-03Financial period: 2026-08-31CMCCommercial Metals CompanySnapshot 2026-11-03Financial period: 2026-08-31
Market capMarket value, converted to USDUS$558.16MUS$3.20BUS$7.27B
Forward P/EProvider forward earnings estimate12.38x15.40x9.43x
EV / EBITDAEnterprise value / trailing EBITDA9.33x23.57x7.96x
Revenue growthLatest quarter vs prior-year quarter17.9%13.2%25.7%
Operating marginLatest reported quarter5.1%4.0%8.8%
Free cash flow yieldTrailing cash flow / market cap3.4%2.1%1.1%
Net debt / EBITDANet debt / trailing EBITDA-0.62x1.97x2.24x
Debt / equityTotal debt / positive book equity0.01x0.33x0.77x
Trailing P/ETrailing twelve-month earnings18.85x18.93x10.92x
Price / bookPrice / positive book equity per share1.47x3.05x1.55x
EV / salesEnterprise value / trailing revenue0.71x2.46x1.07x
Earnings growthLatest quarter vs prior-year quarter-47.8%24.3%41.6%
Gross marginTrailing twelve months10.2%27.4%18.6%
Net marginTrailing twelve months4.0%11.5%7.0%
Return on equityProvider trailing return; positive equity only7.9%16.2%14.8%
Free cash flow marginTrailing free cash flow / revenue2.6%4.6%0.8%
Dividend yieldIndicated annual dividend / price0.4%1.2%1.2%
Earnings payoutProvider trailing dividend payout8.0%23.0%13.0%
Current ratioCurrent assets / current liabilities3.72x2.67x2.34x
BetaProvider historical market sensitivity0.521.181.54

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

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Earnings-multiple scenario

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Starting assumptions, when available, use provider forward estimates as of 2026-11-03. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for IIIN

All available reporting periods
Q3 FY20262026-07-18

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.