INSTEEL INDUSTRIES INC
Close on Oct 19, 2026
- Market cap
- $575.66M
- P/E (TTM)
- 15.9
- Dividend yield
- 3.79%
About Insteel Industries
Steel Works, Blast Furnaces & Rolling & Finishing Mills, SIC 3310
Insteel Industries Inc. manufactures steel wire reinforcing products used in concrete construction. The company operates through a single reportable segment and offers two primary product lines: prestressed concrete strand and welded wire reinforcement, which includes engineered structural mesh, concrete pipe reinforcement, and standard welded wire reinforcement. These products provide structural support for bridges, buildings, parking decks, driveways, and drainage systems. Insteel sells its goods predominantly to concrete product manufacturers, as well as to distributors, contractors, and rebar fabricators, serving both nonresidential and residential construction sectors.
The company is headquartered in Mount Airy, North Carolina. Insteel operates eleven manufacturing facilities located across the United States and employs 1,007 people in the country. It distributes products nationwide across the United States, with smaller export volumes reaching Canada, Mexico, and Central and South America.
Summary of the business section of Insteel Industries's latest annual report, written by StockData.
Company profile
Company
- Legal name
- INSTEEL INDUSTRIES INC
- Founded
- 1958
- Headquarters
- Mount Airy, NC
- Address
- 1373 Boggs Dr 27030
- Phone
- (336) 786-2141
- Website
- insteel.com
- Employees
- 1,007, Sep 27, 2025
- Industry
- Steel Works, Blast Furnaces & Rolling & Finishing Mills
- Incorporated in
- North Carolina
- Fiscal year ends
- October 3
- Auditor
- Grant Thornton LLP, Charlotte, North Carolina
Stock & identifiers
- Ticker
- IIIN
- Exchange
- NYSE
- IPO date
- Mar 17, 1992
- Shares outstanding
- 19M, Jul 15, 2026
- Public float
- $395.84M, Mar 29, 2025
- Filer category
- Accelerated filer
- Stock splits
- 2-for-1, Jun 19, 2006
- SEC CIK
- 764401
- CUSIP
- 45774W108
- ISIN
- US45774W1080
- LEI
- 52990026LKY4MOX3L174
- EIN
- 56-0674867
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| H. O. Woltz Iii | Chairman, President and CEO, Director | 667,529 |
| Richard Wagner | Senior Vice President and COO | 41,700 |
| Scot R. Jafroodi | VP, CFO and Treasurer | 51,379 |
| James R. York | Senior Vice President | 10,874 |
| Elizabeth Carroll Southern | VP, Secretary and CLO | 1,479 |
| Jon M. Ruth | Director | 45,057 |
| Blake Doyle | Director | 2,703 |
| Eric Zernikow | Director | 137 |
| Abney S. Boxley Iii | Director | 21,461 |
| W. Allen Rogers Ii | Director | 99,754 |
| Anne H. Lloyd | Director | 13,651 |
| G. Kennedy Thompson | Director | 34,117 |
| Joseph A. Rutkowski | Director | 21,851 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 H.O. Woltz III | $3.45M | $3.80M | $981.68K | $275 | $232 |
| FY2024 H.O. Woltz III | $2.10M | $1.72M | $697.55K | $212 | $232 |
| FY2023 H.O. Woltz III | $2.15M | $2.30M | $594.50K | $207 | $146 |
| FY2023 HOWoltz III | $2.15M | $2.30M | $594.50K | $207 | $146 |
| FY2022 H.O. Woltz III | $2.50M | $1.51M | $924.16K | $158 | $109 |
| FY2022 HOWoltz III | $2.50M | $1.51M | $924.16K | $158 | $109 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of September 27, 2025, we had 1,007 employees, all of whom are located in the United States and approximately 60 of whom are represented by a labor union.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 15, 2021 | Delisting | Notice of delisting from exchange (Form 25) |
| Mar 12, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |
| Mar 3, 2021 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Aug 15, 2014 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 22, 2010 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 15, 2005 | Late filing | Notification of late filing |
| Dec 29, 2003 | Late filing | Notification of late filing |
| Feb 12, 2003 | Late filing | Notification of late filing |
| May 15, 2001 | Late filing | Notification of late filing |
| Dec 29, 2000 | Late filing | Notification of late filing |
| May 7, 1999 | Listing | Registration of securities on an exchange (Form 8-A) |