Net margin is calculated as Net Income divided by its Revenue. Insteel Industries's Net Income for the
three
months ended in Dec. 2023 was $1.1 Mil. Insteel Industries's Revenue for the
three
months ended in Dec. 2023 was $121.7 Mil. Therefore, Insteel Industries's net margin for the quarter that ended in Dec. 2023 was 0.93%.
The historical rank and industry rank for Insteel Industries's Net Margin % or its related term are showing as below:
IIIN'
s Net Margin % Range Over the Past 10 Years
Min: 1.23 Med: 5.4 Max: 15.12
Current: 3.71
IIIN's Net Margin % is ranked worse than 59.23% of 2973
companies
in the Industrial Products industry
Industry Median: 5.21
vs IIIN: 3.71
Insteel Industries Net Margin % Historical Data
The historical data trend for Insteel Industries's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Insteel Industries's Net Margin %
For the Metal Fabrication subindustry, Insteel Industries's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Insteel Industries's Net Margin % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Insteel Industries's Net Margin % distribution charts can be found below:
* The bar in red indicates where Insteel Industries's Net Margin % falls into.
Insteel Industries Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Insteel Industries's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Insteel Industries (NYSE:IIIN) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Insteel Industries Net Margin % Related Terms
Thank you for viewing the detailed overview of Insteel Industries's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Insteel Industries (Insteel Industries) Business Description
Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.
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