Forterra Inc (FRTA) Stock
FRTA is no longer traded. Forterra was acquired by Quikrete on March 18, 2022.
Each FRTA share was exchanged for $24.00 in cash. Prices on this page are historical; the last trade was March 17, 2022 at $24.00.
Forterra stock price history
FRTA final trading statistics
- Final close
- $24.00
- Final trading day
- Mar 17, 2022
- Market cap at delisting
- $1.62B
- Shares outstanding
- 67.45M
- Final 52-week range
- $22.60 – $24.01
- Avg. volume (final 3 mo.)
- 312,723
- All-time high (split-adj.)
- $24.00 · Mar 2022
- All-time low (split-adj.)
- $3.06 · Sep 2017
- Return since IPO
- +45.5%
- Beta
- 2.19
- Book value / share
- $4.74
- Price / book
- 5.06
Forterra annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2021 | $1.86B | $116.3M | $1.75 |
| FY2020 | $1.59B | $64.5M | $1.37 |
| FY2019 | $1.53B | -$7.3M | $0.12 |
| FY2018 | $1.48B | -$24.4M | -$0.42 |
| FY2017 | $1.58B | -$2.1M | -$0.38 |
Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About Forterra Inc
Forterra, Inc., through its subsidiaries, manufactures and sells pipe and precast products in the United States, Canada, and Mexico. It operates through Drainage Pipe & Products; and Water Pipe & Products segments. The company offers concrete drainage pipes used for storm water applications, residential and non-residential site developments, sanitary sewers, low-pressure sewer force mains, tunneled systems, treatment plant piping, and utility tunnels; precast concrete products, including box culverts, utility vaults, manholes, drainage inlets, and pipe end sections used for roadway and airport drainage, storm water management, utility construction, and water treatment and filtration systems; and architectural panels for buildings, modular railroad crossings, retaining wall and storm water treatment systems, highway noise barriers, and concrete vaults that are used to house dry or wet utilities. It also provides hollow-core planks, prestressed bridge girders, beams, columns, wall panels, stairs, garage floors, and architectural claddings for parking garages and arched and modular bridges; precast concrete bridge girders for highway projects; precast concrete foundation to support prefabricated shelters or equipment buildings; precast product that consolidates and protects underground electrical and communication cables; and storm water technologies for storm water management market. In addition, the company offers ductile iron pipes for transmission and distribution of potable and wastewater; concrete pressure pipes for water transmission and distribution, power plant cooling water lines, sewage force mains for waste and storm water, and other applications; and prestressed concrete and bar-wrapped concrete pipes. The company was founded in 1899 and is headquartered in Irving, Texas. As of March 18, 2022, Forterra, Inc. operates as a subsidiary of Quikrete Holdings, Inc.
Forterra stock FAQ
What happened to Forterra stock?
Forterra was acquired by Quikrete on March 18, 2022. Shareholders received $24.00 in cash for each share. FRTA stock stopped trading on the Nasdaq, with a final close of $24.00 on March 17, 2022.
What did Forterra shareholders receive?
Each FRTA share was converted into $24.00 in cash. The deal was valued at about $2.7 billion including debt.
Is FRTA stock still trading?
No. FRTA was delisted from the Nasdaq on March 18, 2022 and no longer trades on a U.S. exchange.
What was the last price of FRTA stock?
FRTA closed at $24.00 on its final trading day, March 17, 2022, for a market value of about $1.62B.
What were Forterra's revenue and earnings in its last full fiscal year?
Forterra reported revenue of $1.86B and net income of $116.3M in fiscal 2021, its last full year as a public company.
When did Forterra go public?
Forterra Inc stock began trading on October 20, 2016.