Here are the 10-K annual reports from Arts-Way Manufacturing Co Inc (ARTW) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow ARTW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ARTW filings page.
Art’s-Way Manufacturing Co., Inc. reported fiscal 2025 net sales of $22,975,408, down 6.2% from 2024, but increased net income to $1,034,899 from $307,375. Operating income was $289,455 as profitability benefited from employee retention credits and stronger results in Modular Buildings.
The Agricultural Products segment saw net sales fall 13.1% to $12,749,000 and posted a $1,462,000 operating loss amid weak row-crop commodity prices and higher input costs, including steel and tariffs. Modular Buildings net sales rose 4.0% to $10,226,000 with 32.2% gross margin and $1,751,000 operating income.
Working capital improved to $8,343,499 with a 2.30 current ratio, up from 1.98, supported by higher inventories and a positive banking relationship. As of November 30, 2025, $3,252,437 was drawn on a $4,000,000 line of credit, and total debt, excluding leases, was $2,490,429.