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 |
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 |