Gibraltar Industries Company profile
About Gibraltar Industries Inc
Gibraltar Industries, Inc. is a renewable energy (solar) developer, institutional and commercial growers of food and plants, home improvement retailers, wholesalers, distributors and contractors. The Company’s segments include Renewables, Residential, Agtech, and Infrastructure. The Renewables segment is engaged in designing, engineering, manufacturing and installation of solar racking and electrical balance of systems. The Residential segment includes products, such as roof and foundation ventilation products, single point and centralized mail systems and electronic package solutions, retractable awnings and gutter guards, and retractable awnings and gutter guards. The Agtech segment provides products and services, including the designing, engineering, manufacturing, construction, maintenance and support of greenhouses and indoor growing operations, and botanical extraction systems. The Infrastructure segment provides engineered solutions for bridges, highways and airfields.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Gibraltar Industries Inc revenues increased 30% to $1.34B. Net income before extraordinary items decreased 11% to $74.5M. Revenues reflect Residental Products segment increase of 22% to $635.5M, Industrial & Infrastructure Products segment increase of 17% to $73M, Asia (Region) segment increase of 48% to $21M.
Equity composition
Common Stock $.01 Par, 03/11, 50M auth., 30,516,197 issd., less 218,894 shs. in Treas @ $2.3M. Insiders control approx. 5.87%. IPO: 11/93, 2,662,900 shares @ $11 by Salomon Brothers, Inc. PO: 7/96, 3M shares (2M by Co.) @ $18 by Salomon Brothers. PO 3/02, 3.5M shs. (2.7M by Co.)@ $17.20 by Salomon Smith Barney.