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Gulf Is Fabrication Inc Financials

GIFI
Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Gulf Is Fabrication Inc (GIFI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 62 / 100
Financial Profile 62/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
39

Gulf Is Fabrication Inc has an operating margin of 7.7%, meaning the company retains $8 of operating profit per $100 of revenue. This results in a moderate score of 39/100, indicating healthy but not exceptional operating efficiency. This is up from -17.1% the prior year.

Growth
42

Gulf Is Fabrication Inc's revenue grew 5.4% year-over-year to $159.2M, a solid pace of expansion. This earns a growth score of 42/100.

Leverage
98

Gulf Is Fabrication Inc carries a low D/E ratio of 0.19, meaning only $0.19 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
99

With a current ratio of 4.93, Gulf Is Fabrication Inc holds $4.93 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 99/100.

Cash Flow
45

Gulf Is Fabrication Inc has a free cash flow margin of 8.1%, earning a moderate score of 45/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
46

Gulf Is Fabrication Inc's ROE of 15.8% shows moderate profitability relative to equity, earning a score of 46/100. This is up from -30.9% the prior year.

Altman Z-Score Safe
4.85

Gulf Is Fabrication Inc scores 4.85, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($192.0M) relative to total liabilities ($40.1M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Strong
8/9

Gulf Is Fabrication Inc passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.24x

For every $1 of reported earnings, Gulf Is Fabrication Inc generates $1.24 in operating cash flow ($18.2M OCF vs $14.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$159.2M
YoY+5.4%
5Y CAGR-12.1%
10Y CAGR-10.9%

Gulf Is Fabrication Inc generated $159.2M in revenue in fiscal year 2024. This represents an increase of 5.4% from the prior year.

EBITDA
$17.1M
YoY+184.0%
10Y CAGR-10.2%

Gulf Is Fabrication Inc's EBITDA was $17.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 184.0% from the prior year.

Net Income
$14.7M
YoY+160.4%
10Y CAGR-0.4%

Gulf Is Fabrication Inc reported $14.7M in net income in fiscal year 2024. This represents an increase of 160.4% from the prior year.

EPS (Diluted)
$0.88
YoY+158.3%
10Y CAGR-1.8%

Gulf Is Fabrication Inc earned $0.88 per diluted share (EPS) in fiscal year 2024. This represents an increase of 158.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$12.9M
YoY+198.6%
10Y CAGR+11.2%

Gulf Is Fabrication Inc generated $12.9M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 198.6% from the prior year.

Cash & Debt
$27.3M
YoY-28.5%
5Y CAGR-11.3%
10Y CAGR-2.8%

Gulf Is Fabrication Inc held $27.3M in cash against $17.9M in long-term debt as of fiscal year 2024.

Dividends Per Share
N/A
Shares Outstanding
16M
YoY+0.5%
5Y CAGR+1.4%
10Y CAGR+1.2%

Gulf Is Fabrication Inc had 16M shares outstanding in fiscal year 2024. This represents an increase of 0.5% from the prior year.

Margins & Returns

Gross Margin
14.0%
YoY+21.9pp
5Y CAGR+19.6pp
10Y CAGR+5.2pp

Gulf Is Fabrication Inc's gross margin was 14.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 21.9 percentage points from the prior year.

Operating Margin
7.7%
YoY+24.8pp
5Y CAGR+24.2pp
10Y CAGR+3.0pp

Gulf Is Fabrication Inc's operating margin was 7.7% in fiscal year 2024, reflecting core business profitability. This is up 24.8 percentage points from the prior year.

Net Margin
9.3%
YoY+25.4pp
5Y CAGR+25.6pp
10Y CAGR+6.2pp

Gulf Is Fabrication Inc's net profit margin was 9.3% in fiscal year 2024, showing the share of revenue converted to profit. This is up 25.4 percentage points from the prior year.

Return on Equity
15.8%
YoY+46.7pp
5Y CAGR+48.6pp
10Y CAGR+10.5pp

Gulf Is Fabrication Inc's ROE was 15.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 46.7 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$1.2M
YoY+840.6%

Gulf Is Fabrication Inc spent $1.2M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 840.6% from the prior year.

Capital Expenditures
$5.3M
YoY+85.8%
5Y CAGR+7.1%
10Y CAGR-15.2%

Gulf Is Fabrication Inc invested $5.3M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 85.8% from the prior year.

GIFI Income Statement

Metric Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23
Revenue $51.5M+37.3% $37.5M-6.8% $40.3M+7.6% $37.4M-0.6% $37.6M-8.8% $41.3M-3.8% $42.9M-3.7% $44.5M
Cost of Revenue $46.7M+37.3% $34.0M+0.9% $33.7M+11.8% $30.1M-8.7% $33.0M-11.1% $37.1M+0.9% $36.8M+1.9% $36.1M
Gross Profit $4.9M+37.0% $3.6M-46.2% $6.6M-9.6% $7.3M+57.1% $4.7M+12.0% $4.2M-32.1% $6.1M-27.6% $8.5M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $3.7M+11.1% $3.3M+1.6% $3.2M-12.5% $3.7M+23.9% $3.0M-11.0% $3.4M-3.7% $3.5M+2.6% $3.4M
Operating Income $1.1M+206.2% -$1.1M-132.9% $3.3M-9.3% $3.6M+116.3% $1.7M+30.3% $1.3M-77.5% $5.7M-14.5% $6.7M
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax -$2K-140.0% $5K+150.0% $2K+103.3% -$60K-3100.0% $2K+166.7% -$3K-130.0% $10K+131.3% -$32K
Net Income $1.6M+371.6% -$574K-115.0% $3.8M-10.9% $4.3M+85.4% $2.3M+22.7% $1.9M-69.7% $6.2M-12.0% $7.1M
EPS (Diluted) $0.10+350.0% $-0.04-117.4% $0.23 N/A $0.14+27.3% $0.11-70.3% $0.37 N/A

GIFI Balance Sheet

Metric Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23
Total Assets $146.7M+9.2% $134.3M-2.8% $138.2M+3.7% $133.2M+1.9% $130.8M-1.9% $133.3M+4.3% $127.8M-0.5% $128.4M
Current Assets $118.2M+12.2% $105.4M-5.5% $111.6M+5.9% $105.4M+2.9% $102.5M-2.7% $105.3M+5.6% $99.7M-1.9% $101.6M
Cash & Equivalents $23.2M-50.4% $46.8M+63.5% $28.6M+5.0% $27.3M+27.9% $21.3M+124.3% $9.5M-70.7% $32.5M-14.9% $38.2M
Inventory $2.7M-0.7% $2.7M-9.2% $3.0M+57.9% $1.9M-15.8% $2.3M-2.8% $2.3M+16.3% $2.0M-3.3% $2.1M
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A N/A
Goodwill $3.6M0.0% $3.6M+62.7% $2.2M0.0% $2.2M0.0% $2.2M0.0% $2.2M0.0% $2.2M0.0% $2.2M
Total Liabilities $52.4M+26.0% $41.6M+0.3% $41.5M+3.3% $40.1M-4.4% $42.0M-9.9% $46.6M+10.1% $42.3M-14.4% $49.5M
Current Liabilities $33.4M+46.8% $22.8M-0.1% $22.8M+6.6% $21.4M-3.9% $22.3M-17.9% $27.1M+18.7% $22.8M-23.5% $29.8M
Long-Term Debt $17.9M0.0% $17.9M0.0% $17.9M0.0% $17.9M-5.5% $18.9M0.0% $18.9M0.0% $18.9M0.0% $18.9M
Total Equity $94.3M+1.7% $92.8M-4.1% $96.7M+3.9% $93.1M+4.8% $88.8M+2.4% $86.7M+1.4% $85.4M+8.2% $79.0M
Retained Earnings -$21.8M+6.7% -$23.4M-2.5% -$22.8M+14.4% -$26.6M+13.9% -$30.9M+7.0% -$33.2M+5.4% -$35.1M+15.1% -$41.4M

GIFI Cash Flow Statement

Metric Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23
Operating Cash Flow $2.9M+12.5% $2.5M+14.4% $2.2M-3.7% $2.3M-59.2% $5.6M+72.2% $3.3M-53.3% $7.0M-4.7% $7.4M
Capital Expenditures $197K-36.2% $309K+0.7% $307K-33.8% $464K-64.7% $1.3M+29.7% $1.0M-60.3% $2.6M+117.3% $1.2M
Free Cash Flow $2.7M+19.2% $2.2M+16.6% $1.9M+3.9% $1.8M-57.5% $4.3M+91.3% $2.3M-49.3% $4.5M-27.9% $6.2M
Investing Cash Flow -$26.2M-235.6% $19.3M+6537.3% -$300K-106.3% $4.8M-29.6% $6.8M+127.1% -$25.1M-101.2% -$12.5M-304.5% $6.1M
Financing Cash Flow -$289K+92.1% -$3.7M-545.9% -$567K+59.5% -$1.4M-131.0% -$606K+48.8% -$1.2M-333.3% -$273K-113.3% -$128K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $289K-89.7% $2.8M+394.2% $567K+74.5% $325K-46.4% $606K $0-100.0% $273K N/A

GIFI Financial Ratios

Metric Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 Q4'23
Gross Margin 9.5%-0.0pp 9.5%-6.9pp 16.4%-3.1pp 19.6%+7.2pp 12.4%+2.3pp 10.1%-4.2pp 14.3%-4.7pp 19.0%
Operating Margin 2.2%+5.1pp -2.9%-11.0pp 8.1%-1.5pp 9.7%+5.2pp 4.4%+1.3pp 3.1%-10.2pp 13.3%-1.7pp 15.0%
Net Margin 3.0%+4.5pp -1.5%-11.0pp 9.5%-2.0pp 11.5%+5.3pp 6.2%+1.6pp 4.6%-10.0pp 14.5%-1.4pp 15.9%
Return on Equity 1.7%+2.3pp -0.6%-4.6pp 4.0%-0.6pp 4.6%+2.0pp 2.6%+0.4pp 2.2%-5.1pp 7.3%-1.7pp 9.0%
Return on Assets 1.1%+1.5pp -0.4%-3.2pp 2.8%-0.5pp 3.2%+1.4pp 1.8%+0.3pp 1.4%-3.5pp 4.9%-0.6pp 5.5%
Current Ratio 3.54-1.1 4.63-0.3 4.90-0.0 4.93+0.3 4.61+0.7 3.89-0.5 4.37+1.0 3.40
Debt-to-Equity 0.190.0 0.190.0 0.180.0 0.19-0.0 0.210.0 0.220.0 0.22-0.0 0.24
FCF Margin 5.2%-0.8pp 5.9%+1.2pp 4.8%-0.2pp 4.9%-6.6pp 11.5%+6.0pp 5.5%-4.9pp 10.4%-3.5pp 13.9%

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Frequently Asked Questions

Gulf Is Fabrication Inc (GIFI) reported $159.2M in total revenue for fiscal year 2024. This represents a 5.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Gulf Is Fabrication Inc (GIFI) revenue grew by 5.4% year-over-year, from $151.1M to $159.2M in fiscal year 2024.

Yes, Gulf Is Fabrication Inc (GIFI) reported a net income of $14.7M in fiscal year 2024, with a net profit margin of 9.3%.

Gulf Is Fabrication Inc (GIFI) reported diluted earnings per share of $0.88 for fiscal year 2024. This represents a 158.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Gulf Is Fabrication Inc (GIFI) had EBITDA of $17.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2024, Gulf Is Fabrication Inc (GIFI) had $27.3M in cash and equivalents against $17.9M in long-term debt.

Gulf Is Fabrication Inc (GIFI) had a gross margin of 14.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

Gulf Is Fabrication Inc (GIFI) had an operating margin of 7.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

Gulf Is Fabrication Inc (GIFI) had a net profit margin of 9.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Gulf Is Fabrication Inc (GIFI) has a return on equity of 15.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

Gulf Is Fabrication Inc (GIFI) generated $12.9M in free cash flow during fiscal year 2024. This represents a 198.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Gulf Is Fabrication Inc (GIFI) generated $18.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

Gulf Is Fabrication Inc (GIFI) had $133.2M in total assets as of fiscal year 2024, including both current and long-term assets.

Gulf Is Fabrication Inc (GIFI) invested $5.3M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Yes, Gulf Is Fabrication Inc (GIFI) spent $1.2M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

Gulf Is Fabrication Inc (GIFI) had 16M shares outstanding as of fiscal year 2024.

Gulf Is Fabrication Inc (GIFI) had a current ratio of 4.93 as of fiscal year 2024, which is generally considered healthy.

Gulf Is Fabrication Inc (GIFI) had a debt-to-equity ratio of 0.19 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

Gulf Is Fabrication Inc (GIFI) had a return on assets of 11.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Gulf Is Fabrication Inc (GIFI) has an Altman Z-Score of 4.85, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Gulf Is Fabrication Inc (GIFI) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Gulf Is Fabrication Inc (GIFI) has an earnings quality ratio of 1.24x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Gulf Is Fabrication Inc (GIFI) scores 62 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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