PRLBProto Labs Inc
Fabricated Structural Metal Products
- Revenue
- $533M
- 6.4% YoY
- Operating margin
- 4.7%
- 18% YoY
- EBITDA
- $59M
- 5.8% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -2.3×
- −$134M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear351% of net incomeCash flow under 80% of net income
- Dilutive SBCClear3% of revenueOver 10% of revenue
- Payouts exceed cash flowClear58% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear34% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $488M | $488M | $504M | $501M | $533M | 6.4% |
| Operating income | $40M | −$98M | $28M | $20M | $25M | 26% |
| Net income | $33M | −$103M | $17M | $17M | $21M | 28% |
| Operating cash flow | $55M | $62M | $73M | $78M | $75M | 4.3% |
| Capex | $34M | $22M | $28M | $9M | $15M | 62% |
| Stock-based comp | $19M | $18M | $16M | $17M | $16M | 7.5% |
| Buybacks | $23M | $30M | $44M | $60M | $43M | 29% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $903K · 3
- Net
- −$903K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 33 | 136 |
| FY2024 | — | — | 26 | 108 |
| FY2023 | — | — | 25 | 85 |
| FY2022 | — | — | 17 | 80 |
| FY2021 | — | — | 34 | 120 |