Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Jim Metcalf was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 09
Gibraltar Industries, Inc. Reiterates Earnings Guidance for the Year Ending December 31, 2026 Gibraltar Industries, Inc. reiterated earnings guidance for the year ending December 31, 2026. Consolidated net sales are expected to range between $1.76 billion and $1.83 billion. GAAP EPS - Diluted is expected to range between $2.40 and $2.80. Announcement • Apr 23
Gibraltar Industries, Inc. to Report Q1, 2026 Results on May 07, 2026 Gibraltar Industries, Inc. announced that they will report Q1, 2026 results at 7:30 AM, US Eastern Standard Time on May 07, 2026 Announcement • Apr 07
Gibraltar Industries, Inc., Annual General Meeting, May 07, 2026 Gibraltar Industries, Inc., Annual General Meeting, May 07, 2026. Announcement • Feb 26
Gibraltar Industries, Inc. Provides Earnings Guidance for 2026 Gibraltar Industries, Inc. provided earnings guidance for 2026. Consolidated net sales are expected to range between $1.76 billion and $1.83 billion. This compares to net sales of $1.14 billion in 2025. GAAP EPS is expected to range between $2.40 and $2.80, compared to $3.25 in 2025. Announcement • Feb 13
Gibraltar Industries, Inc. to Report Q4, 2025 Results on Feb 26, 2026 Gibraltar Industries, Inc. announced that they will report Q4, 2025 results at 7:30 AM, US Eastern Standard Time on Feb 26, 2026 Announcement • Feb 03
Gibraltar Industries, Inc. (NasdaqGS:ROCK) completed the acquisition of OmniMax International, Inc. from funds managed by Strategic Value Partners, LLC. Gibraltar Industries, Inc. (NasdaqGS:ROCK) entered into an agreement to acquire OmniMax International, Inc. from funds managed by Strategic Value Partners, LLC for approximately $1.3 billion on November 16, 2025. The consideration consists of a total cash purchase price of $1.335 billion in cash at the closing of the Transaction, subject to customary adjustments related to working capital, indebtedness, cash and transaction expenses. Gibraltar has in place committed financing from Bank of America, Wells Fargo and KeyBanc Capital Markets to finance the transaction in the form of up to $1.3 billion new term loan facilities and an upsized $500 million revolving credit facility. Gibraltar intends to finance the Transaction with a combination of existing cash resources and proceeds from new indebtedness.
The acquisition, which has been unanimously approved by Gibraltar’s Board of Directors, is subject to the satisfaction of customary closing conditions, including receipt of required regulatory approvals and the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. No vote of Gibraltar’s shareholders is required to approve the transaction. The acquisition is expected to close in the first half of 2026. The transaction is expected to be immediately accretive to EBITDA margin and cash flow. The transaction will be accretive to Gibraltar’s adjusted EPS in the first fiscal full year post close. Buy side termination fee is $55 million.
Perella Weinberg and BofA Securities are serving as financial advisors and Alison Z. Preiss and Hannah Clark of Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Gibraltar. Rothschild & Co. is serving as financial advisor and Nickolas Bogdanovich, Robert Kindler, James Langston, Matthew Leist, Christopher Wilson, Scott Sher, Robert Holo, Brianna van Kan, William O’Brien and Rebecca Coccaro of Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal advisor to OmniMax. Lisa Collier and Josh Zelig of Paul Hastings LLP advises the financing sources in the transaction.
Gibraltar Industries, Inc. (NasdaqGS:ROCK) completed the acquisition of OmniMax International, Inc. from funds managed by Strategic Value Partners, LLC. on February 2, 2026. The transaction has received of all required regulatory approvals and satisfaction of customary closing conditions. Announcement • Jan 21
Gibraltar Industries, Inc. Revises Consolidated Earnings Guidance for the Three Months and Full Year ended December 31, 2025 Gibraltar Industries, Inc. revised consolidated earnings guidance for the three months and full year ended December 31, 2025. For the quarter, the company expects consolidated net sales to range between $261 million to $271 million against previous guidance of $283 million to $308 million. GAAP EPS is expected to range between $0.36 and $0.41, compared to previous guidance of $0.82 and $0.92 and Operating Income $13 million - $15 Million compared to $33 million - $37 million
For the year, the company expects consolidated net sales to range between $1,128 million to $1,138 million against previous guidance of $1,150 million to $1,175 million. GAAP EPS is expected to range between $3.21 and $3.26, compared to previous guidance of $3.67 and $3.77 and Operating Income $121 million - $123 million compared to $141 million - $145 million. Announcement • Nov 17
Gibraltar Industries, Inc. (NasdaqGS:ROCK) entered into an agreement to acquire OmniMax International, Inc. from funds managed by Strategic Value Partners, LLC for approximately $1.3 billion. Gibraltar Industries, Inc. (NasdaqGS:ROCK) entered into an agreement to acquire OmniMax International, Inc. from funds managed by Strategic Value Partners, LLC for approximately $1.3 billion on November 17, 2025. The consideration consists of a total cash purchase price of $1.335 billion. Gibraltar has in place committed financing from Bank of America, Wells Fargo and KeyBanc Capital Markets to finance the transaction in the form of up to $1.3 billion new term loan facilities and an upsized $500 million revolving credit facility.
The acquisition, which has been unanimously approved by Gibraltar’s Board of Directors, is subject to the satisfaction of customary closing conditions, including receipt of required regulatory approvals. No vote of Gibraltar’s shareholders is required to approve the transaction. The acquisition is expected to close in the first half of 2026. The transaction is expected to be immediately accretive to EBITDA margin and cash flow. The transaction will be accretive to Gibraltar’s adjusted EPS in the first fiscal full year post close.
Perella Weinberg and BofA Securities are serving as financial advisors and Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Gibraltar. Rothschild & Co. is serving as financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal advisor to OmniMax. Announcement • Oct 30
Gibraltar Industries, Inc. Revises Consolidated Earnings Guidance for the Fiscal Year 2025 Gibraltar Industries, Inc. revised consolidated earnings guidance for the fiscal year 2025. Current 2025 full year outlook for continuing operations remains on track for solid revenue, margin, and cash flow performance. The company expects consolidated net sales to range between $1.15 billion and $1.175 billion. This compares to GAAP net sales of $1.02 billion and adjusted net sales of $1.01 billion in 2024. GAAP EPS is expected to range between $3.67 and $3.77, compared to $4.58 in 2024 which included the gain on the sale of the electronic locker business and contributed $0.82 accordingly. Announcement • Oct 18
Gibraltar Industries, Inc. to Report Q3, 2025 Results on Oct 30, 2025 Gibraltar Industries, Inc. announced that they will report Q3, 2025 results at 7:30 AM, US Eastern Standard Time on Oct 30, 2025 Announcement • Aug 06
Gibraltar Industries, Inc. Provides Earnings Guidance for the Year 2025 Gibraltar Industries, Inc. provided earnings guidance for the year 2025 . For the year, company expected Consolidated net sales to range between $1.15 billion and $1.20 billion, GAAP EPS is expected to range between $3.67 and $3.91, compared to $4.58 in 2024 . Announcement • Jul 23
Gibraltar Industries, Inc. to Report Q2, 2025 Results on Aug 06, 2025 Gibraltar Industries, Inc. announced that they will report Q2, 2025 results at 7:30 AM, US Eastern Standard Time on Aug 06, 2025 Announcement • Apr 30
Gibraltar Industries, Inc. Reiterates Earnings Guidance for the Full Year of 2025 Gibraltar Industries, Inc. reiterated earnings guidance for the full year of 2025. For the period, the company Consolidated net sales are expected to range between $1.40 billion and $1.45 billion, compared to $1.31 billion in 2024. GAAP EPS is expected to range between $4.25 and $4.50, compared to $4.46 in 2024. Announcement • Apr 17
Gibraltar Industries, Inc. to Report Q1, 2025 Results on Apr 30, 2025 Gibraltar Industries, Inc. announced that they will report Q1, 2025 results at 7:30 AM, US Eastern Standard Time on Apr 30, 2025 Announcement • Mar 24
Gibraltar Industries, Inc., Annual General Meeting, Apr 30, 2025 Gibraltar Industries, Inc., Annual General Meeting, Apr 30, 2025. Announcement • Feb 21
Gibraltar Industries, Inc. Provides Earnings Guidance for the Full Year 2025 Gibraltar Industries, Inc. provided earnings guidance for the full year 2025. For the year, the company's consolidated net sales are expected to range between $1.40 billion and $1.45 billion, compared to $1.31 billion in 2024. GAAP EPS is expected to range between $4.25 and $4.50, compared to $4.46. Announcement • Feb 19
Gibraltar Industries, Inc. (NasdaqGS:ROCK) acquired Lane Supply, Inc. for $120 million. Gibraltar Industries, Inc. (NasdaqGS:ROCK) acquired Lane Supply, Inc. for $120 million on February 11, 2025. A cash consideration of $120 million will be paid by Gibraltar Industries, Inc. towards common equity of Lane Supply, Inc. The purchase price is subject to customary working capital and other adjustments. For the period ending December 31, 2024, Lane Supply, Inc. reported total revenue of $112.2 million and EBITDA of $16.7 million. The transaction is expected to be immediately accretive to earnings.
Gibraltar Industries, Inc. (NasdaqGS:ROCK) completed the acquisition of Lane Supply, Inc. on February 11, 2025. Announcement • Feb 05
Gibraltar Industries, Inc. to Report Q4, 2024 Results on Feb 19, 2025 Gibraltar Industries, Inc. announced that they will report Q4, 2024 results at 7:30 AM, US Eastern Standard Time on Feb 19, 2025 Announcement • Dec 20
Quadient S.A. (ENXTPA:QDT) acquired Package Concierge, Inc. Quadient S.A. (ENXTPA:QDT) acquired Package Concierge, Inc. from Gibraltar Industries, Inc. (NasdaqGS:ROCK) on December 17, 2024. GLC Advisors & Co., LLC acted as financial advisor to Package Concierge, Inc. in the deal.
Quadient S.A. (ENXTPA:QDT) completed the acquisition of Package Concierge, Inc. on December 17, 2024. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: US$1.12 (vs US$1.29 in 3Q 2023) Third quarter 2024 results: EPS: US$1.12 (down from US$1.29 in 3Q 2023). Revenue: US$361.2m (down 7.6% from 3Q 2023). Net income: US$34.0m (down 13% from 3Q 2023). Profit margin: 9.4% (in line with 3Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Oct 30
Gibraltar Industries, Inc. Appoints James S. Metcalf to the Board of Directors Gibraltar Industries, Inc. announced that its Board of Directors has appointed James S. Metcalf as a new independent member of the Board, effective October 25, 2024. Mr. Metcalf fills the Board seat left open by Craig Hindman’s May 2024 retirement, restoring the Board to eight members. Mr. Metcalf will sit on the Capital Structure and Asset Management and Nominating, Governance, and Corporate Social Responsibility Committees. Jim Metcalf began his career at USG, then the U.S.’s largest manufacturer of wallboard and building products, working his way through the sales and marketing ranks to lead successively larger business units. He served as Chairman, President and Chief Executive Officer of USG, during which he strengthened the organization’s core businesses, diversified revenue streams and restored the company’s profitability. In 2018, when Jim was a member of the board of directors of NCI Building Systems, NCI Building Systems merged with Ply Gem Building Products to form Cornerstone Building Brands, Jim was asked to step in as CEO and Chairman. During his tenure at Cornerstone Building Brands, Jim led the investment in manufacturing plant upgrades and integration of the two organizations and cultures, iterative M&A, operational excellence and innovation, and oversaw a period of intense growth until his retirement in 2022. He has served on the board of directors of Ferguson Enterprises Inc. since 2023 and previously on the boards of Tenneco Inc., Cornerstone Building Brands, Inc., NCI Building Systems, USG Corporation, and Molex LLC. Jim also serves on the Naval War College Foundation Board of Trustees. He earned an MBA, Business from Pepperdine University and a BA in Criminal Justice and Pre-Law from The Ohio State University. Announcement • Oct 23
Gibraltar Industries, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Gibraltar Industries, Inc. announced that they will report Q3, 2024 results at 7:30 AM, US Eastern Standard Time on Oct 30, 2024 Announcement • Oct 11
Gibraltar Industries, Inc. Revises Consolidated Earnings Guidance for the Full Year Ending December 31, 2024 Gibraltar Industries, Inc. revised consolidated earnings guidance for the full year ending December 31, 2024. For the year, the company expects revenue to be in the range of $1,310 million to $1,330 million compared to previous guidance of $1,380 million to $1,420 million. GAAP EPS to be to be in the range of $3.57 to $3.71 compared to previous guidance of $4.04 to $4.29. Announcement • Aug 19
Gibraltar Industries, Inc. Appoints Joseph A. Lovechio as Chief Financial Officer Gibraltar Industries, Inc. announced the appointment of Joseph A. Lovechio as chief financial officer, effective August 19, 2024. Mr. Lovechio, who was previously chief financial officer, North America Region for Whirlpool Corporation will succeed Timothy F. Murphy who recently announced his plans to retire. Mr. Murphy will continue with Gibraltar through early 2025 and will oversee the onboarding and transition process for Mr. Lovechio while continuing to lead ongoing strategic initiatives. Mr. Lovechio, 50, joins Gibraltar following 20 years with Whirlpool, where he advanced through positions of increasing responsibility, most recently serving, since 2018, as CFO, North America Region, which is Whirlpool’s largest region. During his career at Whirlpool, he also served as Corporate Controller and Principal Accounting Officer, CFO EMEA Region, and Senior Finance Director of Investor Relations. Prior to Whirlpool, Mr. Lovechio held finance positions at public companies including CTS Corporation, Federal Mogul (since acquired by Apollo Global Management) and Ford Motor Company. He earned a BBA in Finance from the University of Notre Dame and an MBA, Finance and Accounting, from The University of Chicago Booth School of Business. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €60.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Building industry in Europe. Negligible returns to shareholders over past three years. Simply Wall St's valuation model estimates the intrinsic value at €102 per share. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: US$1.05 (vs US$1.01 in 2Q 2023) Second quarter 2024 results: EPS: US$1.05 (up from US$1.01 in 2Q 2023). Revenue: US$353.0m (down 3.3% from 2Q 2023). Net income: US$32.2m (up 4.8% from 2Q 2023). Profit margin: 9.1% (up from 8.4% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jul 31
Gibraltar Industries, Inc. Provides Earnings Guidance for the Full Year 2024 Gibraltar Industries, Inc. provided earnings guidance for the full year 2024. Consolidated net sales are now expected to range between $1.38 billion and $1.42 billion, compared to $1.38 billion in 2023. GAAP EPS continuing to range between $4.04 and $4.29, compared to $3.59 in 2023. Announcement • Jul 17
Gibraltar Industries, Inc. to Report Q2, 2024 Results on Jul 31, 2024 Gibraltar Industries, Inc. announced that they will report Q2, 2024 results at 7:30 AM, US Eastern Standard Time on Jul 31, 2024 Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €71.50, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Building industry in Europe. Total returns to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €83.92 per share. Buy Or Sell Opportunity • Jun 03
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at €67.50. The fair value is estimated to be €84.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 6.0% in a year. Earnings are forecast to grow by 27% in the next year. Buy Or Sell Opportunity • May 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to €67.50. The fair value is estimated to be €84.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 6.0% in a year. Earnings are forecast to grow by 27% in the next year. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$0.82 (vs US$0.68 in 1Q 2023) First quarter 2024 results: EPS: US$0.82 (up from US$0.68 in 1Q 2023). Revenue: US$292.5m (flat on 1Q 2023). Net income: US$24.9m (up 18% from 1Q 2023). Profit margin: 8.5% (up from 7.2% in 1Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • May 01
Gibraltar Industries, Inc. Reaffirms Earnings Guidance for the Full Year 2024 Gibraltar Industries, Inc. reaffirmed earnings guidance for the full year 2024. Consolidated revenue is expected to range between $1.43 billion and $1.48 billion, compared to $1.37 billion in 2023. GAAP EPS is expected to range between $4.04 and $4.29, compared to $3.59 in 2023. Announcement • Apr 19
Gibraltar Industries, Inc. to Report Q1, 2024 Results on May 01, 2024 Gibraltar Industries, Inc. announced that they will report Q1, 2024 results at 7:30 AM, US Eastern Standard Time on May 01, 2024 Announcement • Apr 02
Gibraltar Industries, Inc., Annual General Meeting, May 01, 2024 Gibraltar Industries, Inc., Annual General Meeting, May 01, 2024, at 11:00 US Eastern Standard Time. Agenda: To consider the election of directors; and to discuss other matters. Announcement • Mar 02
Gibraltar Industries, Inc. Announces Retirement of Craig Hindman from the Board of Directors On March 1, 2024, Gibraltar Industries, Inc. announced the retirement of Craig Hindman from the Board of Directors of the Company. Mr. Hindman will serve the remainder of his current Board term but will not stand for re-election at Gibraltar's next Annual Meeting, which is expected to be held in May 2024. Mr. Hindman’s planned retirement is not the result of any disagreement with the Company. Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent Director Manish Shah was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Feb 23
Now 30% undervalued Over the last 90 days, the stock has risen 7.2% to €67.00. The fair value is estimated to be €95.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.5% over the last 3 years. Earnings per share has grown by 9.5%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 47% in the next 2 years. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: US$3.61 (vs US$2.57 in FY 2022) Full year 2023 results: EPS: US$3.61 (up from US$2.57 in FY 2022). Revenue: US$1.38b (flat on FY 2022). Net income: US$110.5m (up 34% from FY 2022). Profit margin: 8.0% (up from 5.9% in FY 2022). Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Announcement • Feb 08
Gibraltar Industries, Inc. to Report Q4, 2023 Results on Feb 21, 2024 Gibraltar Industries, Inc. announced that they will report Q4, 2023 results at 7:30 AM, US Eastern Standard Time on Feb 21, 2024 Announcement • Nov 03
Gibraltar Industries, Inc. Provides Earnings Guidance for the Year 2023 Gibraltar Industries, Inc. provided earnings guidance for the year 2023. For the period, the company GAAP EPS is now expected to range between $3.51 and $3.71, compared to $2.56 in 2022. The outlook for consolidated net sales narrows to between $1.37 billion and $1.40 billion, compared to $1.38 billion in 2022. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$1.29 (vs US$1.08 in 3Q 2022) Third quarter 2023 results: EPS: US$1.29 (up from US$1.08 in 3Q 2022). Revenue: US$390.7m (flat on 3Q 2022). Net income: US$39.3m (up 14% from 3Q 2022). Profit margin: 10% (up from 8.8% in 3Q 2022). Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year and the company’s share price has also increased by 6% per year. Announcement • Oct 19
Gibraltar Industries, Inc. to Report Q3, 2023 Results on Nov 02, 2023 Gibraltar Industries, Inc. announced that they will report Q3, 2023 results at 7:30 AM, US Eastern Standard Time on Nov 02, 2023 Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$1.01 (vs US$0.90 in 2Q 2022) Second quarter 2023 results: EPS: US$1.01 (up from US$0.90 in 2Q 2022). Revenue: US$364.9m (flat on 2Q 2022). Net income: US$30.7m (up 4.8% from 2Q 2022). Profit margin: 8.4% (up from 8.0% in 2Q 2022). Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year. Announcement • Aug 03
Gibraltar Industries, Inc. Provides Earnings Guidance for the Full Year 2023 Gibraltar Industries, Inc. provided earnings guidance for the full year 2023. For the year, the consolidated net sales is expected to range between $1.36 billion and $1.41 billion, compared to $1.38 billion in 2022. GAAP EPS is expected to range between $3.46 and $3.66, compared to $2.56 in 2022. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €56.00, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Building industry in Europe. Total returns to shareholders of 30% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €56.14 per share. Recent Insider Transactions • May 26
Independent Director recently sold €261k worth of stock On the 23rd of May, James Nish sold around 5k shares on-market at roughly €52.62 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Announcement • May 04
Gibraltar Industries, Inc. Reiterates Earnings Guidance for the Full Year 2023 Gibraltar Industries, Inc. reiterated earnings guidance for the full year 2023. For the year, the consolidated net sales is expected to range between $1.36 billion and $1.41 billion. GAAP EPS is expected to range between $3.04 and $3.24. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: US$0.68 (vs US$0.47 in 1Q 2022) First quarter 2023 results: EPS: US$0.68 (up from US$0.47 in 1Q 2022). Revenue: US$293.3m (down 7.7% from 1Q 2022). Net income: US$21.1m (up 37% from 1Q 2022). Profit margin: 7.2% (up from 4.9% in 1Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year. Reported Earnings • Feb 23
Full year 2022 earnings released: EPS: US$2.57 (vs US$2.27 in FY 2021) Full year 2022 results: EPS: US$2.57 (up from US$2.27 in FY 2021). Revenue: US$1.39b (up 3.7% from FY 2021). Net income: US$82.4m (up 11% from FY 2021). Profit margin: 5.9% (up from 5.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Dec 28
Gibraltar Industries, Inc. Announces Resignation of Elizabeth R. Jensen as Chief Human Resources Officer, Effective January 13, 2023 Gibraltar Industries, Inc. announced that On December 21, 2022, Elizabeth R. Jensen notified the company of her intent to resign from her position as Vice President and Chief Human Resources Officer, effective January 13, 2023. Ms. Jensen is resigning to pursue another opportunity. The Company intends to fill the vacancy created by Ms. Jensen's departure in due course, when it identifies an appropriate candidate. Buying Opportunity • Dec 20
Now 20% undervalued Over the last 90 days, the stock is up 1.9%. The fair value is estimated to be €53.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 10% in 2 years. Earnings is forecast to grow by 47% in the next 2 years. Announcement • Dec 06
Gibraltar Industries, Inc. Announces Departure of Patrick M. Burns as Chief Operating Officer On December 2, 2022, Gibraltar Industries, Inc. and Patrick M. Burns, the company’s chief operating officer, mutually agreed that Mr. Burns will depart from his position, effective December 30, 2022. Following such date, the responsibilities of Chief Operating Officer will be reallocated among members of the company’s existing management team. Buying Opportunity • Nov 09
Now 21% undervalued Over the last 90 days, the stock is up 5.3%. The fair value is estimated to be €60.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 10% in 2 years. Earnings is forecast to grow by 47% in the next 2 years. Reported Earnings • Nov 04
Third quarter 2022 earnings released: EPS: US$1.08 (vs US$0.85 in 3Q 2021) Third quarter 2022 results: EPS: US$1.08 (up from US$0.85 in 3Q 2021). Revenue: US$391.3m (up 5.9% from 3Q 2021). Net income: US$34.3m (up 23% from 3Q 2021). Profit margin: 8.8% (up from 7.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Nov 04
Gibraltar Industries, Inc. Raises Earnings Guidance for the Full Year of 2022 Gibraltar Industries, Inc. raised earnings guidance for the full year of 2022. For the year, the company expected consolidated revenue to range between $1.38 billion and $1.43 billion and GAAP EPS to be between $2.90 and $3.00 compared to Previous GAAP EPS guidance ranges were $2.80 to $3.00. Announcement • Oct 21
Gibraltar Industries, Inc. to Report Q3, 2022 Results on Nov 03, 2022 Gibraltar Industries, Inc. announced that they will report Q3, 2022 results at 7:30 AM, US Eastern Standard Time on Nov 03, 2022 Announcement • Aug 24
Gibraltar Industries, Inc. (NasdaqGS:ROCK) acquired Quality Aluminum Products, Inc. from Blackford Capital Associates II, Inc. for $54 million. Gibraltar Industries, Inc. (NasdaqGS:ROCK) acquired Quality Aluminum Products, Inc. from Blackford Capital Associates II, Inc. for $54 million on August 23, 2022. For the trailing twelve months ended July 31, 2022, QAP recorded revenue of $93 million and Adjusted EBITDA of $11.5 million.
Gibraltar Industries, Inc. (NasdaqGS:ROCK) completed the acquisition of Quality Aluminum Products, Inc. from Blackford Capital Associates II, Inc. on August 23, 2022. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: US$0.90 (vs US$0.80 in 2Q 2021) Second quarter 2022 results: EPS: US$0.90 (up from US$0.80 in 2Q 2021). Revenue: US$366.9m (up 5.3% from 2Q 2021). Net income: US$29.3m (up 11% from 2Q 2021). Profit margin: 8.0% (up from 7.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.1%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Aug 04
Gibraltar Industries, Inc. Re-Affirms Earnings Guidance for the Year 2022 Gibraltar Industries, Inc. reaffirms earnings guidance for the year 2022. For the year, the company consolidated revenue expected to range between $1.38 billion and $1.43 billion. GAAP EPS is expected to be between $2.80 and $3.00. Announcement • Jul 22
Gibraltar Industries, Inc. to Report Q2, 2022 Results on Aug 03, 2022 Gibraltar Industries, Inc. announced that they will report Q2, 2022 results at 7:30 AM, US Eastern Standard Time on Aug 03, 2022 Announcement • Jun 26
Gibraltar Industries, Inc.(NasdaqGS:ROCK) dropped from Russell 2000 Growth-Defensive Index Gibraltar Industries, Inc.(NasdaqGS:ROCK) dropped from Russell 2000 Growth-Defensive Index Recent Insider Transactions • May 24
Independent Director recently bought €58k worth of stock On the 20th of May, Linda Myers bought around 2k shares on-market at roughly €36.17 per share. In the last 3 months, they made an even bigger purchase worth €68k. Despite this recent purchase, insiders have collectively sold €36k more in shares than they bought in the last 12 months. Reported Earnings • May 05
First quarter 2022 earnings released: EPS: US$0.47 (vs US$0.32 in 1Q 2021) First quarter 2022 results: EPS: US$0.47 (up from US$0.32 in 1Q 2021). Revenue: US$317.9m (up 11% from 1Q 2021). Net income: US$15.5m (up 47% from 1Q 2021). Profit margin: 4.9% (up from 3.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 4.9%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year. Announcement • Apr 21
Gibraltar Industries, Inc. to Report Q1, 2022 Results on May 04, 2022 Gibraltar Industries, Inc. announced that they will report Q1, 2022 results at 7:30 AM, US Eastern Standard Time on May 04, 2022 Announcement • Apr 03
Gibraltar Industries, Inc. Announces William P. Montague Not Standing for Election as Director Gibraltar Industries, Inc. announced William P. Montague not standing for election as director at the AGM May 4, 2022. Announcement • Apr 02
Gibraltar Industries, Inc., Annual General Meeting, May 04, 2022 Gibraltar Industries, Inc., Annual General Meeting, May 04, 2022, at 11:00 US Eastern Standard Time. Agenda: To consider election of eight director nominees named in the accompanying proxy statement, each to hold office for a one-year term until the 2023 annual meeting or until a successor has been duly elected and qualified, or until such director's earlier resignation, retirement or other termination of service; to consider advisory approval of the company's executive compensation; to consider approval of the gibraltar industries, inc. amended and restated 2016 stock plan for non-employee directors to increase by 100,000 the number of shares of common stock available for issuance as equity awards thereunder and to make other specified revisions; and to consider other matters. Recent Insider Transactions • Mar 07
Independent Director recently bought €68k worth of stock On the 1st of March, Linda Myers bought around 2k shares on-market at roughly €41.12 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €599k more in shares than they bought in the last 12 months. Reported Earnings • Feb 24
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$2.27 (down from US$2.55 in FY 2020). Revenue: US$1.34b (up 30% from FY 2020). Net income: US$74.5m (down 11% from FY 2020). Profit margin: 5.6% (down from 8.1% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 6.3%, compared to a 10.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Dec 03
Chief Operating Officer recently sold €197k worth of stock On the 30th of November, Patrick Burns sold around 3k shares on-market at roughly €61.96 per share. This was the largest sale by an insider in the last 3 months. Patrick has been a seller over the last 12 months, reducing personal holdings by €399k. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improved over the past week After last week's 16% share price gain to €65.00, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 21x in the Building industry in Europe. Total returns to shareholders of 122% over the past three years. Reported Earnings • Oct 30
Third quarter 2021 earnings released: EPS US$0.85 (vs US$0.96 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$369.4m (up 24% from 3Q 2020). Net income: US$27.9m (down 11% from 3Q 2020). Profit margin: 7.5% (down from 11% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS US$0.80 (vs US$0.75 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: US$348.4m (up 37% from 2Q 2020). Net income: US$26.4m (up 7.8% from 2Q 2020). Profit margin: 7.6% (down from 9.6% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 05
Gibraltar Industries, Inc. Reaffirms Consolidated Earnings Guidance for the Full Year 2021 Gibraltar Industries, Inc. reaffirmed consolidated earnings guidance for the full year 2021. For the year, the company expects revenue to be in range between $1.3 billion and $1.35 billion. GAAP EPS from continuing operations is expected to range between $2.78 and $2.95 compared to $2.53 in 2020. Recent Insider Transactions • May 23
Independent Director recently bought €61k worth of stock On the 20th of May, Linda Myers bought around 962 shares on-market at roughly €63.63 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €379k more in shares than they bought in the last 12 months. Executive Departure • May 12
Independent Director has left the company On the 5th of May, Sharon Brady's tenure as Independent Director ended after 5.8 years in the role. We don't have any record of a personal shareholding under Sharon's name. A total of 3 executives have left over the last 12 months. Executive Departure • May 12
Independent Director has left the company On the 5th of May, Vinod Khilnani's tenure as Independent Director ended after 6.6 years in the role. We don't have any record of a personal shareholding under Vinod's name. A total of 3 executives have left over the last 12 months. Announcement • May 06
Gibraltar Industries, Inc. Provides Consolidated Earnings Guidance for the Full Year 2021 Gibraltar Industries, Inc. provided consolidated earnings guidance for the full year 2021. For the year, consolidated revenue is expected to range between $1.3 billion and $1.35 billion. GAAP EPS is expected to range between $2.78 and $2.95 compared to $2.53 in 2020. Reported Earnings • May 05
First quarter 2021 earnings released: EPS US$0.32 (vs US$0.37 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: US$287.6m (up 15% from 1Q 2020). Net income: US$10.5m (down 13% from 1Q 2020). Profit margin: 3.6% (down from 4.8% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Mar 13
VP, Treasurer & Secretary recently sold €364k worth of stock On the 10th of March, Jeffrey Watorek sold around 5k shares on-market at roughly €74.01 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €238k more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 17% share price gain to US$77.50, the stock is trading at a trailing P/E ratio of 36.2x, up from the previous P/E ratio of 31.1x. This compares to an average P/E of 22x in the Building industry in Europe. Total returns to shareholders over the past three years are 179%. 
