Broadwind Energy Inc

Broadwind Energy Inc

BWEN · NASDAQ · Industrials / Specialty Industrial Machinery

2.37USD-0.15 (-5.77%)

Price History

Full chart

Market Stats

Previous Close2.52
Open2.58
Day Range2.31 – 2.58
52-Week Range1.88 – 5.70
Volume420.72K
Market Cap98.65M
P/E (TTM)11.91
Forward P/E123.46
EPS0.35
Dividend Yield0.00%
Beta1.82
50-Day Avg4.49
200-Day Avg3.46

About

Broadwind, Inc. manufactures and sells structures, equipment, and components power generation, critical infrastructure, and other specialized applications in the United States. The company operates through Heavy Fabrications, Gearing, and Industrial Solutions segments. The Heavy Fabrications segment provides fabrications to customers in a range of industrial markets. It offers steel towers and adapters primarily to wind turbine manufacturers. The Gearing segment provides gearing, gearboxes, and precision machined components to a range of customers in diverse markets, including power generation, onshore and offshore oil and gas fracking and drilling, material handling, wind energy, surface and underground mining, steel, infrastructure, marine, defense, and other industrial markets. This segment also offers heat treat services for aftermarket and original equipment manufacturer applications. The Industrial Solutions segment provides supply chain solutions, light fabrication, inventory management, and kitting and assembly services for combined cycle natural gas turbine market. The Industrial Solutions segment provides supply chain solutions for offering instrumentation and controls, valve assemblies, sensor devices, fuel system components, electrical junction boxes and wiring, and electromechanical devices; and light fabrication, inventory management, and kitting and assembly services for combined cycle natural gas turbine market, as well as packaging solutions and fabricated panels and sub-assemblies. It sells its products to the energy, mining, and infrastructure sectors through its direct sales force and independent sales agents. The company was formerly known as Broadwind Energy, Inc. and changed its name to Broadwind, Inc. in May 2020. Broadwind, Inc. is headquartered in Cicero, Illinois.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Industrial Machinery
  • CEOMr. Eric B. Blashford
  • Employees341
  • Headquarters3240 S. Central Avenue, Cicero, IL, United States, 60804, USA
  • Websitehttps://www.bwen.com

Leadership

  • Mr. Eric B. BlashfordCEO, President & Director · b. 1964
  • Mr. Thomas A. CicconeVP & CFO · b. 1975
  • Mr. Gilbert M. Mayo Jr.President of Broadwind Industrial Solutions, LLC · b. 1962
  • Ms. Arlene McKenzieCorporate Secretary

Financials

Income Statement

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-----1.97M4.02M29.80M217.32M197.83M136.90M185.85M210.71M215.71M241.27M199.16M180.84M146.78M125.38M178.22M198.50M145.62M176.76M203.48M143.14M158.05M
Growth (%)------+104.52%+640.87%+629.17%-8.97%-30.80%+35.76%+13.37%+2.37%+11.85%-17.45%-9.20%-18.83%-14.58%+42.14%+11.38%-26.64%+21.38%+15.12%-29.65%+10.42%
Cost of Revenue-----4.01M4.52M25.86M183.95M186.03M134.95M178.67M203.87M203.37M223.78M191.29M162.70M138.63M122.31M162.81M180.50M140.11M166.05M170.97M121.95M142.58M
Gross Profit------2.04M-493.74K3.94M33.37M11.80M1.95M7.19M6.84M12.35M17.49M7.87M18.14M8.16M3.06M15.41M18.00M5.51M10.71M32.51M21.19M15.47M
Gross Margin------103.83%-12.27%13.22%15.36%5.97%1.42%3.87%3.24%5.72%7.25%3.95%10.03%5.56%2.44%8.65%9.07%3.78%6.06%15.98%14.80%9.79%
Operating Expense-----845.09K1.83M7.47M55.11M127.44M71.17M27.62M24.13M25.55M23.42M19.77M16.23M15.59M28.13M17.77M17.58M18.11M17.32M21.37M16.96M15.02M
Operating Income-24.66K-5.68K-1.87K-1.87K-7.30K-2.89M-2.32M-3.54M-21.74M-115.64M-69.23M-20.43M-17.30M-13.21M-5.93M-11.91M1.91M-7.43M-25.07M-2.36M422.00K-12.59M-6.61M11.14M4.22M451.00K
Operating Margin------146.80%-57.68%-11.86%-10.01%-58.45%-50.57%-10.99%-8.21%-6.12%-2.46%-5.98%1.06%-5.06%-19.99%-1.32%0.21%-8.65%-3.74%5.47%2.95%0.29%
EBITDA-24.66K-5.68K--615-7.30K-2.64M-1.74M361.00K503.00K-7.35M-52.28M-5.02M367.00K5.52M6.51M-2.29M8.82M1.57M-13.52M5.26M6.70M10.34M-417.00K17.47M10.99M15.03M
EBITDA Margin------134.36%-43.33%1.21%0.23%-3.71%-38.19%-2.70%0.17%2.56%2.70%-1.15%4.88%1.07%-10.79%2.95%3.38%7.10%-0.24%8.59%7.68%9.51%
Net Income-24.66K-5.68K-1.87K-1.87K-7.30K-3.12M-2.73M-3.36M-25.29M-110.12M-85.17M-21.95M-17.91M-10.50M-6.17M-21.81M319.00K-3.64M-24.15M-4.52M-1.49M2.85M-9.73M7.65M1.15M5.24M
Net Income Margin------158.76%-67.97%-11.28%-11.63%-55.66%-62.22%-11.81%-8.50%-4.87%-2.56%-10.95%0.18%-2.48%-19.26%-2.54%-0.75%1.96%-5.50%3.76%0.80%3.32%
R&D-----62.73K42.74K----00000000-------
R&D as % of Total Revenue-----3.19%1.06%----0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense00000221.96K410.87K1.24M2.86M2.52M1.17M1.12M1.71M985.00K656.00K799.00K625.00K798.00K1.50M2.31M1.98M1.13M3.22M3.20M3.08M3.39M
Interest Expense % of Total Revenue-----11.28%10.21%4.16%1.32%1.28%0.86%0.60%0.81%0.46%0.27%0.40%0.35%0.54%1.19%1.30%1.00%0.78%1.82%1.57%2.15%2.14%

Balance Sheet

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets------3.33M3.89M205.82M379.75M230.04M183.51M172.89M142.91M163.69M146.62M109.91M117.66M112.35M99.17M122.87M119.68M118.05M144.54M135.16M128.29M116.81M
Total Liabilities-24.66K30.34K32.21K32.83K40.13K6.75M9.21M81.28M117.59M74.44M57.31M55.03M39.60M68.36M58.24M42.41M49.08M46.28M55.80M82.11M79.02M63.91M98.27M79.14M68.89M50.52M
Total Equity--24.66K-30.34K--32.83K-40.13K-3.42M-5.31M124.54M262.16M155.59M126.20M117.86M103.31M95.33M88.38M67.49M68.58M66.07M43.36M40.76M40.66M54.13M46.27M56.02M59.40M66.29M
Cash------166.02K125.41K5.78M15.25M4.83M15.33M13.34M516.00K24.94M12.15M6.44M18.70M78.00K1.18M2.42M3.37M852.00K12.73M1.10M7.72M456.00K
Total Debt------4.79M5.87M56.74M43.92M39.93M14.98M8.94M7.12M5.08M4.11M5.85M4.10M17.51M14.88M32.56M35.61M31.55M33.12M35.42M35.53M28.28M
Net Debt------4.63M5.74M50.96M28.67M35.10M-349.00K-4.40M6.61M-19.85M-8.04M-590.00K-14.60M17.44M13.70M30.14M32.24M30.70M20.39M34.32M27.81M27.82M

Cash Flow

Currency: USD2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-24.66K----8.00K-1.53M-710.26K-132.00K-2.36M1.99M-13.47M-11.15M-2.88M26.25M2.50M-5.51M17.30M-9.35M2.04M4.52M5.33M-12.83M16.64M-6.95M13.81M-15.38M
Investing Cash Flow------1.10M-407.60K-82.33M-106.70M-12.52M-5.13M-2.59M-4.70M5.65M-12.32M212.00K-3.16M-19.89M-1.65M-1.84M-1.55M-1.67M-3.10M-6.38M-3.46M8.89M
Financing Cash Flow----8.00K2.80M1.08M88.12M118.53M109.00K29.63M11.22M-5.24M-7.49M-2.97M2.05M-3.32M10.66M807.00K-1.44M-2.83M11.98M-1.67M1.70M-3.73M-772.00K
Capital Expenditure000001.10M407.60K5.85M83.72M11.84M6.89M4.71M5.74M6.95M6.50M2.79M6.62M6.69M2.32M1.84M1.55M1.71M3.10M6.41M3.62M3.63M
Free Cash Flow-24.66K----8.00K-2.63M-1.12M-5.99M-86.08M-9.85M-20.37M-15.86M-8.62M19.30M-4.00M-8.30M10.68M-16.04M-279.00K2.68M3.78M-14.53M13.54M-13.35M10.19M-19.02M
Dividends Paid-----------0000000--139.00K-----
FCF to OCF100.00%---100.00%171.55%157.39%4534.85%3648.96%-495.67%151.16%142.21%299.10%73.53%-160.06%150.60%61.71%171.53%-13.64%59.21%70.98%113.31%81.39%192.21%73.79%123.59%
Dividend Paid to FCF-----------0.00%0.00%0.00%0.00%0.00%0.00%0.00%--3.67%-----

Earnings

Report DateMar 31, 2006Jun 30, 2006Sep 30, 2006Dec 31, 2006Mar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008May 13, 2009Aug 11, 2009Oct 30, 2009Mar 12, 2010May 7, 2010Aug 9, 2010Nov 5, 2010Mar 15, 2011May 9, 2011Aug 5, 2011Nov 4, 2011Mar 13, 2012May 9, 2012Aug 8, 2012Nov 7, 2012Feb 27, 2013May 9, 2013Aug 1, 2013Oct 31, 2013Mar 12, 2014Apr 30, 2014Jul 31, 2014Oct 30, 2014Feb 26, 2015Apr 30, 2015Jul 30, 2015Oct 29, 2015Feb 26, 2016Apr 28, 2016Jul 28, 2016Oct 28, 2016Feb 23, 2017May 2, 2017Aug 1, 2017Oct 31, 2017Feb 27, 2018May 4, 2018Jul 31, 2018Oct 30, 2018Feb 26, 2019Apr 26, 2019Aug 2, 2019Oct 29, 2019Feb 27, 2020May 8, 2020Aug 5, 2020Nov 4, 2020Feb 25, 2021May 7, 2021Aug 6, 2021Nov 10, 2021Mar 2, 2022May 6, 2022Aug 9, 2022Nov 8, 2022Mar 9, 2023May 11, 2023Aug 14, 2023Nov 13, 2023Mar 5, 2024May 14, 2024Aug 13, 2024Nov 13, 2024Mar 3, 2025May 13, 2025Aug 12, 2025Nov 13, 2025Mar 11, 2026May 12, 2026Aug 11, 2026Nov 12, 2026
EPS Estimate----------------0.70-0.87-1.03-0.69-0.14-0.07-0.19-0.21-0.10-0.29-0.19-0.120.05-0.27-0.17-0.15-0.19-0.160.070.11-0.31-0.220.13-0.24-0.62-0.15-0.01-0.020.040.05-0.05-0.16-0.28-0.20-0.08-0.11-0.39-0.12-0.06-0.08-0.040.020.02-0.06-0.12-0.170.08-0.06-0.19-0.16-0.11-0.06-0.15-0.050.010.090.01-0.070.01-0.04-0.07-0.040.010.01-0.01-0.07-0.01-0.04
EPS Actual-0.38-0.24-0.20-0.020.050.100.14-0.91-0.43-0.23-0.36-1.28-0.74-0.56-0.51-1.10-1.40-1.30-0.80-1.10-0.40-0.40-0.60-0.40-0.24-0.30-0.24-0.35-0.280.31-0.09-0.26-0.070.17-0.06-0.35-0.340.11-0.10-0.73-0.02-0.030.080.020.42-0.05-0.14-0.46-0.32-0.40-0.18-0.31-0.06-0.06-0.06-0.090.060.03-0.06-0.12-0.070.06-0.11-0.21-0.12-0.13-0.09-0.140.040.070.200.050.070.020.00-0.04-0.02-0.04-0.03-0.04-0.02-0.03-
Surprise----------------57.14%-60.92%-26.21%-15.94%-685.71%-471.43%-110.53%-185.71%-300.00%17.24%-57.89%-100.00%-800.00%-3.70%282.35%40.00%-36.84%56.25%142.86%-154.55%-12.90%-54.55%-15.38%58.33%-17.74%86.67%-200.00%500.00%-50.00%740.00%0.00%12.50%-64.29%-60.00%-400.00%-63.64%20.51%50.00%0.00%25.00%-125.00%200.00%50.00%0.00%0.00%58.82%-25.00%-83.33%-10.53%25.00%-18.18%-50.00%6.67%180.00%600.00%122.22%400.00%200.00%100.00%108.25%45.43%50.00%-500.00%-400.00%-200.75%71.43%-200.00%-
Timing----------------Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hours-Pre-marketPre-market-

Key Statistics & Ratios

Market Cap98.65M
Enterprise Value106.99M
Trailing P/E11.91
Forward P/E123.46
PEG Ratio1.05
Price / Sales0.58
Price / Book1.55
EPS0.35
Book Value2.78
Revenue (TTM)170.91M
Gross Profit (TTM)20.22M
EBITDA9.70M
Profit Margin3.20%
Operating Margin-1.02%
Return on Equity13.12%
Return on Assets1.72%
Shares Outstanding23.66M
Shares Float20.57M
Beta1.82
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 3 analystsTarget 6.83
  • Strong Buy
    1
  • Buy
    2

Ownership Breakdown

Institutions
35.73%
Insiders
13.98%
Retail / Other
50.29%

Top Institutional Holders

  • Grace & White Inc
    1.78M7.53%
  • AIGH Capital Management, LLC
    1.16M4.89%
  • Vanguard Capital Management, LLC
    877.00K3.71%
  • Arrowstreet Capital Limited Partnership
    434.86K1.84%
  • BlackRock Inc
    365.85K1.55%
  • Dimensional Fund Advisors, Inc.
    342.45K1.45%
  • Marshall Wace Asset Management Ltd
    297.45K1.26%
  • Geode Capital Management, LLC
    251.03K1.06%
  • Renaissance Technologies Corp
    193.86K0.82%
  • Bridgeway Capital Management, LLC
    186.72K0.79%
  • U.S. Bancorp
    160.13K0.68%
  • Aristides Capital LLC
    144.93K0.61%
  • Empowered Funds, LLC
    127.73K0.54%
  • Acadian Asset Management LLC
    120.59K0.51%
  • Vanguard Fiduciary Trust Co
    113.52K0.48%
  • Essex Investment Management Company, LLC
    94.67K0.40%
  • Jane Street Group LLC
    82.17K0.35%
  • State Street Corp
    80.27K0.34%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    660.52K2.79%
  • Fidelity Extended Market Index
    99.40K0.42%

Stock Splits

  • Aug 23, 20121:10