Insteel Industries, Inc. (IIIN) Key Metrics
IIIN valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $574.2M
- Enterprise value
- $562.1M
- P/E (TTM)
- 15.9 10-yr median 19.1
- Forward P/E
- 12.4
- PEG ratio
- 1.04
- Price / sales
- 0.8 10-yr median 1.2
- Price / book
- 1.6 10-yr median 1.9
- EV / EBITDA
- 8.4 10-yr median 9.6
- Dividend yield
- 0.40% $0.12 a year
- Beta
- 0.53
IIIN key metrics, FY2016–FY2025
Fiscal year ended September 30, 2025 · U.S. dollarsIIIN valuation Price multiples at each fiscal year-end price.
IIIN returns How much profit the business earns on the capital it uses.
IIIN per-share figures Results divided by the shares outstanding at year-end.
IIIN financial health Debt, liquidity and how easily interest is covered.
IIIN efficiency & capital use Working capital cycle and where the cash goes.
IIIN valuation history
IIIN returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
IIIN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
IIIN cash returned to shareholders
IIIN price vs earnings per share
IIIN key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $749.9M | $608.6M | $635.1M | $520.8M | $743.3M | $362.5M | $397.1M | $691.7M | $501.8M | $690.6M |
| Enterprise value | $715.1M | $498.7M | $511.4M | $474.0M | $655.1M | $296.3M | $358.9M | $647.7M | $469.7M | $631.7M |
| P/E ratio | 18.3 | 31.5 | 19.6 | 4.2 | 11.2 | 19.1 | 70.9 | 19.1 | 22.3 | 18.5 |
| Price / sales | 1.2 | 1.2 | 1.0 | 0.6 | 1.3 | 0.8 | 0.9 | 1.5 | 1.3 | 1.6 |
| Price / book | 2.0 | 1.7 | 1.7 | 1.3 | 2.5 | 1.4 | 1.6 | 2.9 | 2.2 | 3.1 |
| Price / free cash flow | 39.6 | 15.6 | 5.7 | — | 14.2 | 7.4 | — | 19.5 | — | 16.6 |
| Price / operating cash flow | 27.6 | 10.5 | 4.5 | 91.8 | 10.6 | 6.4 | 60.1 | 12.8 | 24.7 | 12.7 |
| EV / sales | 1.1 | 0.9 | 0.8 | 0.6 | 1.1 | 0.6 | 0.8 | 1.4 | 1.2 | 1.5 |
| EV / EBITDA | 9.9 | 12.2 | 9.3 | 2.7 | 6.5 | 7.7 | 16.9 | 11.7 | 10.2 | 9.3 |
| EV / free cash flow | 37.7 | 12.8 | 4.6 | — | 12.5 | 6.0 | — | 18.2 | — | 15.2 |
| Earnings yield | 5.5% | 3.2% | 5.1% | 24.0% | 9.0% | 5.2% | 1.4% | 5.2% | 4.5% | 5.4% |
| Free cash flow yield | 2.5% | 6.4% | 17.6% | −2.0% | 7.0% | 13.5% | −1.0% | 5.1% | −0.1% | 6.0% |
| Dividend yield | 2.9% | 8.4% | 6.5% | 7.9% | 4.2% | 0.6% | 0.6% | 3.1% | 5.2% | 3.0% |
| Shareholder yield (dividends + buybacks) | 3.2% | 8.7% | 6.9% | 8.1% | 4.3% | 0.7% | 0.6% | 3.2% | 5.3% | 3.3% |
| Share price at fiscal year-end | $38.34 | $31.09 | $32.46 | $26.53 | $38.05 | $18.70 | $20.53 | $35.88 | $26.11 | $36.24 |
| Per share | ||||||||||
| Revenue per share | $33.12 | $27.03 | $33.18 | $42.12 | $30.23 | $24.38 | $23.56 | $23.51 | $20.24 | $21.97 |
| Earnings per share | $2.10 | $0.99 | $1.66 | $6.37 | $3.41 | $0.98 | $0.29 | $1.88 | $1.17 | $1.95 |
| Operating cash flow per share | $1.39 | $2.97 | $7.27 | $0.29 | $3.58 | $2.90 | $0.34 | $2.80 | $1.06 | $2.86 |
| Free cash flow per share | $0.97 | $2.00 | $5.70 | −$0.52 | $2.68 | $2.53 | −$0.20 | $1.84 | −$0.01 | $2.18 |
| Cash per share | $1.98 | $5.70 | $6.42 | $2.46 | $4.60 | $3.54 | $1.97 | $2.28 | $1.67 | $3.09 |
| Book value per share | $19.00 | $17.92 | $19.50 | $19.86 | $15.46 | $13.66 | $12.72 | $12.54 | $11.62 | $11.79 |
| Tangible book value per share | $16.22 | $17.15 | $18.69 | $19.01 | $14.57 | $12.72 | $11.85 | $11.60 | $10.85 | $10.94 |
| Dividends per share | $1.11 | $2.60 | $2.11 | $2.10 | $1.60 | $0.12 | $0.12 | $1.11 | $1.35 | $1.09 |
| Capex per share | $0.42 | $0.98 | $1.57 | $0.81 | $0.90 | $0.37 | $0.54 | $0.96 | $1.07 | $0.68 |
| Debt per share | $0.20 | $0.09 | $0.10 | $0.08 | $0.09 | $0.13 | — | $0.00 | $0.00 | $0.00 |
| Shares outstanding | 19.6M | 19.6M | 19.6M | 19.6M | 19.5M | 19.4M | 19.3M | 19.3M | 19.2M | 19.1M |
| Change in shares outstanding | −0.1% | +0.0% | −0.3% | +0.5% | +0.8% | +0.2% | +0.3% | +0.3% | +0.9% | +1.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 11.4% | 5.3% | 8.4% | 36.1% | 23.5% | 7.4% | 2.3% | 15.6% | 10.1% | 17.5% |
| Return on invested capital (ROIC) | 14.4% | 6.1% | 9.0% | 44.8% | 33.4% | 9.5% | 2.8% | 18.6% | 12.7% | 22.3% |
| Return on assets (ROA) | 9.3% | 4.4% | 7.1% | 29.0% | 18.3% | 6.0% | 1.8% | 11.8% | 7.8% | 13.5% |
| Return on tangible assets | 10.0% | 4.7% | 7.5% | 27.5% | 17.8% | 5.9% | 2.0% | 11.6% | 8.4% | 13.5% |
| Free cash flow margin | 2.9% | 7.4% | 17.2% | −1.2% | 8.9% | 10.4% | −0.9% | 7.8% | −0.1% | 9.9% |
| Income quality (OCF / net income) | 0.66 | 3.02 | 4.39 | 0.05 | 1.05 | 2.96 | 1.18 | 1.49 | 0.90 | 1.46 |
| Financial health | ||||||||||
| Total debt | $3.9M | $1.7M | $1.9M | $1.6M | $1.7M | $2.5M | — | $0 | $0 | $0 |
| Cash & short-term investments | $38.6M | $111.5M | $125.7M | $48.3M | $89.9M | $68.7M | $38.2M | $43.9M | $32.1M | $58.9M |
| Net debt | −$34.7M | −$109.8M | −$123.7M | −$46.7M | −$88.2M | −$66.2M | −$38.2M | −$43.9M | −$32.1M | −$58.9M |
| Debt / equity | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | — | 0.00 | 0.00 | 0.00 |
| Debt / assets | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | — | 0.00 | 0.00 | 0.00 |
| Net debt / EBITDA | −0.48 | −2.69 | −2.24 | −0.27 | −0.88 | −1.72 | −1.80 | −0.79 | −0.70 | −0.87 |
| Current ratio | 3.97 | 5.68 | 6.47 | 5.36 | 3.59 | 3.67 | 5.65 | 2.72 | 3.79 | 3.36 |
| Quick ratio | 1.88 | 3.79 | 4.24 | 2.20 | 2.44 | 2.39 | 3.16 | 1.41 | 1.85 | 2.03 |
| Interest coverage | — | 225.2 | 399.0 | — | 928.8 | 230.6 | 45.4 | 372.8 | 252.0 | 358.1 |
| Working capital | $195.9M | $220.3M | $252.7M | $272.7M | $178.1M | $143.4M | $132.2M | $123.5M | $117.9M | $126.7M |
| Invested capital | $336.8M | $241.0M | $257.8M | $343.0M | $213.9M | $198.6M | $207.8M | $197.7M | $191.3M | $165.7M |
| Tangible asset value | $317.2M | $335.8M | $365.7M | $373.2M | $284.6M | $246.5M | $229.1M | $223.7M | $208.5M | $208.5M |
| Net current asset value | $170.8M | $195.6M | $232.8M | $253.3M | $158.2M | $123.9M | $113.6M | $107.6M | $100.5M | $112.2M |
| Graham number | $29.94 | $19.94 | $26.96 | $53.34 | $34.44 | $17.36 | $9.10 | $23.04 | $17.52 | $22.77 |
| Graham net-net per share | $3.86 | $6.59 | $8.12 | $6.44 | $4.69 | $3.63 | $3.09 | $2.17 | $2.27 | $3.24 |
| Capital allocation | ||||||||||
| Dividends paid | $21.8M | $50.9M | $41.3M | $41.2M | $31.3M | $2.3M | $2.3M | $21.3M | $26.0M | $20.9M |
| Share buybacks (net) | $2.3M | $1.8M | $2.3M | $1.2M | $665,000 | $230,000 | $239,000 | $942,000 | $824,000 | $1.9M |
| Dividend payout ratio | 53.0% | 263.9% | 127.3% | 32.9% | 47.0% | 12.2% | 41.3% | 58.8% | 115.4% | 56.0% |
| Dividends + buybacks / free cash flow | 126.8% | 135.1% | 39.1% | — | 61.0% | 5.2% | — | 62.7% | — | 54.7% |
| Capex / revenue | 1.3% | 3.6% | 4.7% | 1.9% | 3.0% | 1.5% | 2.3% | 4.1% | 5.3% | 3.1% |
| Capex / operating cash flow | 30.2% | 32.9% | 21.6% | 280.4% | 25.0% | 12.7% | 159.1% | 34.2% | 101.3% | 23.8% |
| Capex / depreciation | 0.45 | 1.24 | 2.31 | 1.10 | 1.21 | 0.50 | 0.78 | 1.44 | 1.77 | 1.12 |
| Stock-based compensation / revenue | 0.5% | 0.6% | 0.4% | 0.3% | 0.3% | 0.4% | 0.5% | 0.5% | 0.6% | 0.6% |
| SG&A / revenue | 6.0% | 5.6% | 4.7% | 4.4% | 5.5% | 6.6% | 5.4% | 6.2% | 6.6% | 6.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 39.0 | 42.4 | 40.8 | 33.0 | 37.6 | 37.8 | 38.3 | 37.0 | 41.1 | 41.1 |
| Days of inventory on hand | 74.6 | 73.1 | 94.1 | 80.2 | 57.6 | 61.2 | 70.7 | 84.0 | 84.9 | 75.1 |
| Days payables outstanding | 28.2 | 27.3 | 25.4 | 27.9 | 34.4 | 26.5 | 35.0 | 44.7 | 42.4 | 41.0 |
| Cash conversion cycle (days) | 85.4 | 88.2 | 109.5 | 85.3 | 60.8 | 72.5 | 74.0 | 76.2 | 83.6 | 75.1 |
| Receivables turnover | 9.36 | 8.60 | 8.95 | 11.06 | 9.70 | 9.65 | 9.53 | 9.88 | 8.87 | 8.89 |
| Payables turnover | 12.94 | 13.35 | 14.39 | 13.08 | 10.61 | 13.77 | 10.43 | 8.16 | 8.61 | 8.90 |
| Inventory turnover | 4.89 | 4.99 | 3.88 | 4.55 | 6.34 | 5.96 | 5.16 | 4.35 | 4.30 | 4.86 |
| Asset turnover | 1.46 | 1.22 | 1.41 | 1.92 | 1.62 | 1.50 | 1.46 | 1.48 | 1.35 | 1.51 |
| Average receivables | $69.2M | $61.5M | $72.5M | $74.8M | $60.9M | $49.0M | $47.8M | $45.9M | $43.8M | $47.1M |
| Average payables | $42.8M | $35.9M | $40.6M | $48.1M | $44.2M | $30.3M | $40.8M | $46.9M | $38.2M | $37.5M |
| Average inventory | $113.3M | $96.1M | $150.5M | $138.4M | $74.0M | $69.9M | $82.5M | $88.0M | $76.5M | $68.6M |
| Intangibles / total assets | 11.7% | 3.6% | 3.5% | 3.5% | 4.5% | 5.4% | 5.8% | 5.5% | 5.3% | 5.5% |
Computed from IIIN's annual financial statements (latest annual report filed October 23, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
IIIN valuation and financial ratios
At the end of fiscal 2025 (September 30, 2025), Insteel Industries traded at 18.3 times earnings, against a 10-year median of 19.1. Based on the latest twelve months, the trailing P/E is 15.9 and the forward P/E is 12.4. Insteel Industries earned a return on equity of 11.4% and a return on invested capital of 14.4% in fiscal 2025. It ended the year with $3.9 million of debt and $38.6 million in cash and short-term investments, a net cash position of $34.7 million. It returned $24.0 million to shareholders: $21.8 million in dividends and $2.3 million in share buybacks, 127% of free cash flow.
See the IIIN income statement, the IIIN chart for price history, or the IIIN stock overview for the latest quote and news.
IIIN key metrics FAQ
What is Insteel Industries's P/E ratio?
Insteel Industries's trailing P/E ratio is 15.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 12.4. At the end of fiscal 2025 it was 18.3, compared with a 10-year median of 19.1.
What is Insteel Industries's EV/EBITDA?
Insteel Industries's enterprise value was 9.9 times EBITDA at the end of fiscal 2025 (enterprise value $715.1 million, EBITDA $72.2 million); the current EV/EBITDA is 8.4.
What is Insteel Industries's return on equity?
Insteel Industries's return on equity (ROE) was 11.4% in fiscal 2025: net income of $41.0 million on average shareholders' equity of $361.2 million.
What is Insteel Industries's ROIC?
Insteel Industries's return on invested capital was 14.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Insteel Industries have?
Insteel Industries had total debt of $3.9 million at the end of fiscal 2025, a debt-to-equity ratio of 0.01 and more cash than debt.
What is Insteel Industries's dividend yield?
Insteel Industries's forward dividend yield is 0.40%. Insteel Industries paid $21.8 million in dividends in fiscal 2025 ($1.11 per share), a payout ratio of 53.0%.
Does Insteel Industries buy back its shares?
Yes. Insteel Industries spent $2.3 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.1% over the year, to 19.6M..
What is Insteel Industries's free cash flow yield?
Insteel Industries generated $18.9 million of free cash flow in fiscal 2025, a free cash flow yield of 2.5% on its market value at year-end ($749.9 million).
What is Insteel Industries's current ratio?
Insteel Industries's current ratio was 3.97 at the end of fiscal 2025: current assets were 3.97 times current liabilities.