GIFI · Gulf Island Fabrication 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 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $51.54M | $37.54M | $40.27M | - | $37.64M | $41.26M | $42.88M | - | $5.02M | $39.33M |
| Cost of Revenue | $46.66M | $33.98M | $33.66M | - | $32.98M | $37.10M | $36.76M | - | $34.90M | $34.84M |
| Gross Profit | $4.88M | $3.56M | $6.62M | - | $4.66M | $4.16M | $6.12M | - | ($29.88M) | $4.48M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $3.65M | $3.29M | $3.23M | - | $2.98M | $3.35M | $3.48M | - | $4.08M | $3.74M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | $1.26M | - | - | - | $1.19M | - | - | - |
| Operating Income | $1.15M | ($1.08M) | $3.28M | - | $1.67M | $1.28M | $5.71M | - | ($33.63M) | $749.0K |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($2.0K) | $5.0K | $2.0K | - | $2.0K | ($3.0K) | $10.0K | - | ($3.0K) | ($13.0K) |
| Net Income | $1.56M | ($574.0K) | $3.83M | - | $2.32M | $1.89M | $6.24M | - | ($33.23M) | $1.10M |
| EPS - Basic | $0.10 | ($0.04) | $0.23 | - | $0.14 | $0.12 | $0.38 | - | ($2.04) | $0.07 |
| EPS - Diluted | $0.10 | ($0.04) | $0.23 | - | $0.14 | $0.11 | $0.37 | - | ($2.04) | $0.07 |
Balance Sheet
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $23.21M | $46.83M | $28.64M | $27.28M | $21.33M | $9.51M | $32.47M | $38.18M | $25.13M | $23.86M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $2.72M | $2.73M | $3.01M | $1.91M | $2.27M | $2.33M | $2.00M | $2.07M | $2.34M | $2.64M |
| Accounts Payable | $18.07M | $6.46M | $9.52M | $5.80M | $5.54M | $9.02M | $6.63M | $8.47M | $11.52M | $16.85M |
| Current Assets | $118.24M | $105.40M | $111.58M | $105.41M | $102.48M | $105.34M | $99.73M | $101.63M | $87.53M | $90.85M |
| Total Assets | $146.73M | $134.35M | $138.16M | $133.22M | $130.77M | $133.26M | $127.76M | $128.43M | $120.60M | $136.49M |
| Current Liabilities | $33.42M | $22.77M | $22.79M | $21.38M | $22.25M | $27.11M | $22.83M | $29.85M | $28.30M | $31.25M |
| Long-term Debt | $17.88M | $17.88M | $17.89M | $17.89M | $18.93M | $18.93M | $18.93M | $18.93M | - | - |
| Total Liabilities | $52.42M | $41.59M | $41.46M | $40.11M | $41.97M | $46.58M | $42.31M | $49.46M | $49.12M | $32.29M |
| Stockholders' Equity | $94.30M | $92.76M | $96.70M | $93.10M | $88.80M | $86.68M | $85.44M | $78.97M | $71.48M | $104.21M |
| Retained Earnings | ($21.82M) | ($23.38M) | ($22.80M) | ($26.63M) | ($30.93M) | ($33.24M) | ($35.13M) | ($41.37M) | ($48.46M) | ($15.23M) |
Cash Flow
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $2.22M | - | - | - | $7.02M | - | - | - |
| Investing Cash Flow | - | - | ($300.0K) | - | - | - | ($12.45M) | - | - | - |
| Financing Cash Flow | - | - | ($567.0K) | - | - | - | ($273.0K) | - | - | - |
| CapEx | - | - | $307.0K | - | - | - | $2.55M | - | - | - |
| Free Cash Flow | - | - | $1.91M | - | - | - | $4.47M | - | - | - |
Ratios
| Metric | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 9.5% | 9.5% | 16.4% | - | 12.4% | 10.1% | 14.3% | - | -594.8% | 11.4% |
| Operating margin | 2.2% | -2.9% | 8.1% | - | 4.4% | 3.1% | 13.3% | - | -669.6% | 1.9% |
| EBITDA margin | - | - | 11.3% | - | - | - | 16.1% | - | - | - |
| Net margin | 3.0% | -1.5% | 9.5% | - | 6.2% | 4.6% | 14.6% | - | -661.7% | 2.8% |
| Free cash flow margin | - | - | 4.7% | - | - | - | 10.4% | - | - | - |
| FCF / Net income | - | - | 0.50 | - | - | - | 0.72 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 7.1% | 8.8% | 8.0% | - | 7.9% | 8.1% | 8.1% | - | 81.2% | 9.5% |
| Effective tax rate | -0.1% | - | 0.1% | - | 0.1% | -0.2% | 0.2% | - | - | -1.2% |
| Return on assets | 1.1% | -0.4% | 2.8% | - | 1.8% | 1.4% | 4.9% | - | -27.6% | 0.8% |
| Return on equity | 1.7% | -0.6% | 4.0% | - | 2.6% | 2.2% | 7.3% | - | -46.5% | 1.1% |
| Return on invested capital | 1.0% | -0.8% | 2.9% | - | 1.6% | 1.2% | 5.5% | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 3.54 | 4.63 | 4.90 | 4.93 | 4.61 | 3.89 | 4.37 | 3.40 | 3.09 | 2.91 |
| Quick ratio | 3.46 | 4.51 | 4.76 | 4.84 | 4.50 | 3.80 | 4.28 | 3.34 | 3.01 | 2.82 |
| Cash ratio | 0.69 | 2.06 | 1.26 | 1.28 | 0.96 | 0.35 | 1.42 | 1.28 | 0.89 | 0.76 |
| Leverage | ||||||||||
| Debt / Equity | 0.19 | 0.19 | 0.18 | 0.19 | 0.21 | 0.22 | 0.22 | 0.24 | - | - |
| Debt / Assets | 0.12 | 0.13 | 0.13 | 0.13 | 0.14 | 0.14 | 0.15 | 0.15 | - | - |
| Debt / EBITDA | - | - | 3.94 | - | - | - | 2.74 | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.56 | 1.45 | 1.43 | 1.43 | 1.47 | 1.54 | 1.50 | 1.63 | 1.69 | 1.31 |
| Liabilities / Assets | 0.36 | 0.31 | 0.30 | 0.30 | 0.32 | 0.35 | 0.33 | 0.39 | 0.41 | 0.24 |
| Efficiency | ||||||||||
| Asset turnover | 0.35 | 0.28 | 0.29 | - | 0.29 | 0.31 | 0.34 | - | 0.04 | 0.29 |
| Inventory turnover | 17.18 | 12.42 | 11.17 | - | 14.56 | 15.92 | 18.34 | - | 14.92 | 13.22 |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 21d | 29d | 33d | - | 25d | 23d | 20d | - | 24d | 28d |
| Days payable outstanding | 141d | 69d | 103d | - | 61d | 89d | 66d | - | 120d | 177d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 36.9% | -9.0% | -6.1% | - | 649.4% | 4.9% | -31.0% | - | -87.3% | 9.5% |
| Revenue CAGR (3y) | 9.2% | 1.5% | 12.0% | - | 24.3% | 19.4% | -10.1% | - | -54.9% | -13.1% |
| Revenue CAGR (5y) | -1.2% | -8.9% | -12.5% | - | -13.1% | -12.5% | -8.7% | - | -36.8% | -6.1% |
| Gross profit growth (YoY) | 4.8% | -14.4% | 8.0% | - | - | -7.2% | 21.7% | - | - | 168.0% |
| Operating income growth (YoY) | -31.5% | - | -42.5% | - | - | 71.3% | 1640.2% | - | - | 40.5% |
| Net income growth (YoY) | -32.7% | - | -38.7% | - | - | 71.4% | 873.5% | - | - | 108.7% |
| EPS growth (YoY) | -28.6% | - | -37.8% | - | - | 57.1% | - | - | - | - |
| EPS CAGR (3y) | -34.1% | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | -57.2% | - | - | - | 452.0% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 6.2% | 7.0% | 13.2% | 17.9% | 24.2% | -16.8% | -17.0% | -23.0% | -29.5% | 3.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Business segments
$53.31M totalFabrication Segment$51.31M · 96.3%
Shipyard Segment$1.06M · 2.0%
Services Segment$937.0K · 1.8%
Peer comparison
Same SIC group: Fabricated Structural Metal Products
Comparing GULF ISLAND FABRICATION INC against the 5 most active filers in the same SIC group.