ARTW · Arts Way Manufacturing Co Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.64M | - | $6.43M | $6.34M | $5.14M | - | $5.88M | $6.73M | $5.72M | - |
| Cost of Revenue | $4.73M | - | $4.67M | $4.28M | $3.64M | - | $4.18M | $4.82M | $4.25M | - |
| Gross Profit | $1.91M | - | $1.77M | $2.06M | $1.50M | - | $1.70M | $1.91M | $1.47M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $1.04M | - | $983.3K | $1.03M | $1.06M | - | $1.09M | $1.23M | $1.23M | - |
| Total Operating Expenses | $1.58M | - | $1.42M | $1.55M | $1.49M | - | $1.55M | $1.74M | $1.85M | - |
| D&A | $204.6K | - | - | - | $208.1K | - | - | - | $208.1K | - |
| Operating Income | $330.0K | - | $344.7K | $510.7K | $2.5K | - | $153.7K | $168.8K | ($380.1K) | - |
| Interest Expense | $110.8K | - | $83.7K | $99.7K | $165.6K | - | $150.0K | $147.2K | $165.6K | - |
| Income Tax | $59.0K | - | $67.1K | $393.8K | ($14.7K) | - | ($2.7K) | ($613) | ($112.8K) | - |
| Net Income | $196.4K | - | $254.1K | $1.48M | ($55.8K) | - | ($26.2K) | ($33.3K) | ($465.0K) | - |
| EPS - Basic | $0.04 | - | $0.05 | $0.29 | ($0.01) | - | ($0.01) | ($0.01) | ($0.09) | - |
| EPS - Diluted | $0.04 | - | $0.05 | $0.29 | ($0.01) | - | ($0.01) | ($0.01) | ($0.09) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.9K | $4.8K | $6.0K | $4.5K | $4.1K | $1.9K | $5.1K | $4.5K | $2.5K | $4.0K |
| Accounts Receivable | $3.43M | $2.20M | $2.02M | $1.84M | $1.41M | $2.37M | $2.94M | $2.65M | $3.05M | $3.43M |
| Inventory | $12.07M | $11.71M | $11.24M | $10.78M | $10.88M | $10.33M | $10.69M | $10.50M | $10.98M | $11.03M |
| Accounts Payable | $1.68M | $902.3K | $1.18M | $1.25M | $945.2K | $944.4K | $870.3K | $1.02M | $1.15M | $2.26M |
| Current Assets | $16.95M | $14.78M | $14.18M | $13.29M | $13.00M | $13.12M | $14.05M | $13.62M | $14.71M | $15.09M |
| Total Assets | $24.56M | $22.48M | $21.82M | $20.88M | $21.00M | $21.24M | $23.47M | $23.17M | $24.25M | $24.40M |
| Current Liabilities | $8.39M | $6.44M | $5.58M | $4.88M | $6.50M | $6.63M | $9.06M | $8.71M | $9.74M | $9.40M |
| Long-term Debt | $2.28M | $2.33M | $1.88M | $1.91M | $1.94M | $1.98M | $2.54M | $2.57M | $2.60M | $2.63M |
| Total Liabilities | $11.02M | $9.17M | $7.90M | $7.26M | $8.92M | $9.15M | $12.20M | $11.94M | $13.05M | $12.76M |
| Stockholders' Equity | $13.55M | $13.31M | $13.91M | $13.62M | $12.08M | $12.09M | $11.27M | $11.23M | $11.20M | $11.64M |
| Retained Earnings | $8.56M | $8.36M | $9.01M | $8.75M | $7.27M | $7.33M | $6.50M | $6.52M | $6.56M | $7.02M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $148.4K | - | - | - | ($101.8K) | - | - | - | ($99.3K) | - |
| Investing Cash Flow | ($172.3K) | - | - | - | ($82.7K) | - | - | - | ($281.2K) | - |
| Financing Cash Flow | $22.0K | - | - | - | $186.8K | - | - | - | $378.9K | - |
| CapEx | $176.4K | - | - | - | $82.7K | - | - | - | $281.2K | - |
| Free Cash Flow | ($28.0K) | - | - | - | ($184.5K) | - | - | - | ($380.4K) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 28.8% | - | 27.5% | 32.5% | 29.1% | - | 28.9% | 28.3% | 25.7% | - |
| Operating margin | 5.0% | - | 5.4% | 8.1% | 0.0% | - | 2.6% | 2.5% | -6.6% | - |
| EBITDA margin | 8.1% | - | - | - | 4.1% | - | - | - | -3.0% | - |
| Net margin | 3.0% | - | 4.0% | 23.4% | -1.1% | - | -0.4% | -0.5% | -8.1% | - |
| Free cash flow margin | -0.4% | - | - | - | -3.6% | - | - | - | -6.6% | - |
| FCF / Net income | -0.14 | - | - | - | 3.31 | - | - | - | 0.82 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 15.6% | - | 15.3% | 16.2% | 20.6% | - | 18.5% | 18.3% | 21.5% | - |
| Effective tax rate | 23.1% | - | 20.9% | 21.0% | - | - | - | - | - | - |
| Return on assets | 0.8% | - | 1.2% | 7.1% | -0.3% | - | -0.1% | -0.1% | -1.9% | - |
| Return on equity | 1.5% | - | 1.8% | 10.9% | -0.5% | - | -0.2% | -0.3% | -4.2% | - |
| Return on invested capital | 1.6% | - | 1.7% | 2.6% | 0.0% | - | 0.9% | 1.0% | -2.2% | - |
| Liquidity | ||||||||||
| Current ratio | 2.02 | 2.30 | 2.54 | 2.72 | 2.00 | 1.98 | 1.55 | 1.56 | 1.51 | 1.61 |
| Quick ratio | 0.58 | 0.48 | 0.53 | 0.51 | 0.33 | 0.42 | 0.37 | 0.36 | 0.38 | 0.43 |
| Cash ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Leverage | ||||||||||
| Debt / Equity | 0.17 | 0.17 | 0.14 | 0.14 | 0.16 | 0.16 | 0.23 | 0.23 | 0.23 | 0.23 |
| Debt / Assets | 0.09 | 0.10 | 0.09 | 0.09 | 0.09 | 0.09 | 0.11 | 0.11 | 0.11 | 0.11 |
| Debt / EBITDA | 4.27 | - | - | - | 9.24 | - | - | - | - | - |
| Interest coverage | 3.0x | - | 4.1x | 5.1x | 0.0x | - | 1.0x | 1.1x | -2.3x | - |
| Equity multiplier | 1.81 | 1.69 | 1.57 | 1.53 | 1.74 | 1.76 | 2.08 | 2.06 | 2.16 | 2.10 |
| Liabilities / Assets | 0.45 | 0.41 | 0.36 | 0.35 | 0.42 | 0.43 | 0.52 | 0.52 | 0.54 | 0.52 |
| Efficiency | ||||||||||
| Asset turnover | 0.27 | - | 0.29 | 0.30 | 0.24 | - | 0.25 | 0.29 | 0.24 | - |
| Inventory turnover | 0.39 | - | 0.42 | 0.40 | 0.33 | - | 0.39 | 0.46 | 0.39 | - |
| Days sales outstanding | 189d | - | 115d | 106d | 100d | - | 183d | 144d | 194d | - |
| Days inventory outstanding | 932d | - | 879d | 920d | 1090d | - | 935d | 794d | 943d | - |
| Days payable outstanding | 130d | - | 92d | 107d | 95d | - | 76d | 77d | 99d | - |
| Cash conversion cycle | 991d | - | 902d | 919d | 1095d | - | 1041d | 861d | 1039d | - |
| Valuation | ||||||||||
| P / E | 59.0x | - | 63.0x | 6.2x | - | - | - | - | - | - |
| P / B | 0.9x | - | 1.2x | 0.7x | 0.7x | - | 0.9x | 0.8x | 0.9x | - |
| P / S | 1.8x | - | 2.5x | 1.4x | 1.6x | - | 1.8x | 1.3x | 1.7x | - |
| EV / EBITDA | 27.0x | - | - | - | 48.6x | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 29.2% | - | 9.5% | -5.8% | -10.2% | - | -27.6% | -25.3% | -27.5% | - |
| Revenue CAGR (3y) | -5.6% | - | -7.5% | -4.5% | -2.9% | - | -3.8% | 5.6% | 2.0% | - |
| Revenue CAGR (5y) | 4.2% | - | -0.1% | 3.1% | 0.5% | - | 1.3% | 3.2% | 1.3% | - |
| Gross profit growth (YoY) | 27.7% | - | 3.9% | 8.0% | 1.6% | - | -26.1% | -18.2% | -37.3% | - |
| Operating income growth (YoY) | 13180.4% | - | 124.3% | 202.6% | - | - | -67.2% | -59.7% | - | - |
| Net income growth (YoY) | - | - | - | - | 88.0% | - | 64.6% | - | - | - |
| EPS growth (YoY) | - | - | - | - | 88.9% | - | 0.0% | - | - | - |
| EPS CAGR (3y) | - | - | 0.0% | 93.5% | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 84.8% | - | - | - | 51.5% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 12.1% | 10.0% | 23.5% | 21.3% | 7.8% | 3.9% | -5.2% | -5.4% | -2.9% | 4.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-11-30.
Business segments
$22.98M totalAgricultural Products$12.75M · 55.5%
Modular Buildings$10.23M · 44.5%
Peer comparison
Same SIC group: Farm Machinery & Equipment
Comparing ARTS WAY MANUFACTURING CO INC against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Feb 10, 2015 | $0.0500 |
| Nov 21, 2013 | $0.1000 |
| Nov 15, 2012 | $0.1000 |
| Nov 9, 2011 | $0.0600 |
| Nov 9, 2010 | $0.0600 |
| Nov 12, 2009 | $0.0600 |
| Nov 12, 2008 | $0.0600 |
| Nov 13, 2007 | $0.0500 |
| Nov 13, 2006 | $0.0250 |
| Nov 10, 2005 | $0.0250 |