Haynes International, Inc. (OQ:HAYN)

Sector:  Basic Materials Industry:  Steel
 
See Regulatory Filings on SEC
Company Contact
Address: 1020 W Park Ave
PO Box 9013
KOKOMO IN 46904-9013
Tel: 1-765-4566102
Website: https://www.haynesintl.com
IR: See website
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Key People
Michael L. Shor
President, Chief Executive Officer, Director
Daniel W. Maudlin
Chief Financial Officer, Vice President - Finance, Treasurer
David S. Van Bibber
Chief Accounting Officer, Controller
Gregory W. Tipton
Chief Information Officer, Vice President
David L. Strobel
Vice President - Operations
Angela M. Kohlheim
Vice President, General Counsel, Company Secretary
Marlin C. Losch
Vice President - Sales and Distribution
Susan M. Perry
Vice President of Human Resources
Scott R. Pinkham
Vice President - Tube and Wire Products
Business Overview
Haynes International, Inc. develops, manufactures, markets, and distributes technologically advanced nickel and cobalt-based alloys primarily for use in the aerospace, industrial gas turbine and chemical processing industries. Its products consist of high-temperature resistant alloys (HTA) products, and corrosion-resistant alloys (CRA) products. HTA products are used by manufacturers of equipment that is subjected to high temperatures, such as jet engines, gas turbine engines, and industrial heating and heat treatment equipment. CRA products are used in applications that require resistance to corrosive media found in chemical processing, power plant emissions control and hazardous waste treatment. It produces its high-performance alloys primarily in sheet, coil, and plate forms. In addition, the Company produces its products as seamless and welded tubulars, and in slab, bar, billets, and wire forms. It has manufacturing facilities in Indiana, Louisiana, and North Carolina.
Financial Overview
For the three months ended 31 December 2023, Haynes International, Inc. revenues increased 11% to $147.4M. Net income remained flat at $7.7M. Revenues reflect Industrial gas turbine segment increase of 36% to $35.4M, Aerospace segment increase of 14% to $73.3M. Net income reflects Nonoperating retirement benefit income increase of 36% to $498K (income), Interest Income increase from $6K to $23K (income), offset by Selling/General/Admin.
Employees: 1,248 as of Sep 30, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $873.68M as of Dec 31, 2023
Annual revenue (TTM): $604.64M as of Dec 31, 2023
EBITDA (TTM): $75.92M as of Dec 31, 2023
Net annual income (TTM): $41.94M as of Dec 31, 2023
Free cash flow (TTM): -$21.33M as of Dec 31, 2023
Net Debt Last Fiscal Year: $102.49M as of Dec 31, 2023
Shares outstanding: 12,782,992 as of Feb 2, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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