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Gulf Island Fabrication, Inc.
Previous close
$7.16
Day range
$7.11 - $7.41
Year range
$4.18 - $7.93
Market cap
118.07M USD
Avg Volume
46.64K
P/E ratio
6.82
Dividend yield
-
Primary exchange
NASDAQ
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 37.64M | 649.35% |
Operating expense | 2.98M | 8.27% |
Net income | 2.32M | 106.97% |
Net profit margin | 6.16 | 100.93% |
Earnings per share | 0.14 | 40.72% |
EBITDA | 2.88M | 109.22% |
Effective tax rate | 0.09% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 65.35M | 61.11% |
Total assets | 130.77M | 8.43% |
Total liabilities | 41.97M | -14.55% |
Total equity | 88.80M | — |
Shares outstanding | 16.35M | — |
Price to book | 1.32 | — |
Return on assets | 3.17% | — |
Return on capital | 3.86% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 2.32M | 106.97% |
Cash from operations | 5.65M | 179.37% |
Cash from investing | 6.78M | 1,182.91% |
Cash from financing | -606.00K | -373.44% |
Net change in cash | 11.82M | 832.83% |
Free cash flow | 2.67M | 115.14% |
About
Gulf Island Fabrication is an American manufacturer of specialized structures and marine vessels used in the energy sector. The company builds offshore oil and gas platforms, ships and also foundations for offshore wind turbines. It also provides maintenance and marine repair services in-shop and out in the field. The company has built some of the largest offshore platforms in the world.
The company's headquarters are located in Houston, Texas, and its seven building yards are in Louisiana and Texas. Gulf Island Fabrication and Bechtel are partners. The company was founded by Alden “Doc” Laborde, a World War II Navy commander who later worked the offshore oil and gas industry. In 1985, the company took over a bankrupt rival named Delta Fabrication. The company became publicly listed in 1997. The company offered 2,000,000 shares at $15 per share. With a total offer amount of $30 million. The company had diversified revenue to build ships and expanded by taking over LeeVac Shipyards in the beginning of 2016. The acquisition provided about $112 million incremental contract backlog during the industry downturn. Wikipedia
Founded
1985
Headquarters
Website
Employees
840