ROCKGIBRALTAR INDUSTRIES, INC.
Steel Works, Blast Furnaces & Rolling & Finishing Mills
- Revenue
- $1.1B
- 11% YoY
- Operating margin
- 10.8%
- 21% YoY
- EBITDA
- $153M
- 3.9% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 7.9×
- $1.2B 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 cashClear—Cash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear39% 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 | $1.3B | $1.4B | $1.0B | $1.0B | $1.1B | 11% |
| Operating income | $97M | $130M | $121M | $140M | $123M | 12% |
| Net income | $76M | $82M | $111M | $137M | −$44M | 132% |
| Operating cash flow | $23M | $103M | $218M | $174M | $167M | 4.2% |
| Capex | $18M | $20M | $14M | $17M | $46M | 167% |
| Stock-based comp | $9M | $8M | $9M | $10M | $8M | 17% |
| Buybacks | $6M | $89M | $29M | $12M | $64M | 424% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $232K · 2
- Open-market sells, 12 mo
- $0 · 0
- Net
- $232K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $5M | $2M | 69 | 200 |
| FY2024 | $5M | $1M | 82 | 176 |
| FY2023 | $6M | $12M | 110 | 150 |
| FY2022 | $4M | $2M | 64 | 114 |
| FY2021 | $4M | $1M | 93 | 126 |