NASDAQ$ROCK

Gibraltar Industries Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Reported fourth quarter results, with adjusted EPS reaching the top end of guidance and net sales slightly below expectations, driven by solid execution in Residential, Agtech, and Infrastructure, and acceleration in the Renewables business.

Gibraltar Industries reported Q4 2024 results with net sales of $302.1 million and adjusted EPS of $1.01. GAAP net income more than doubled to $46.2 million, and adjusted net income increased 17.9% to $31.0 million. The company provided 2025 guidance with net sales expected between $1.40B and $1.45B and adjusted EPS between $4.80 and $5.05.

  • Net sales decreased by 8.1% to $302.1 million, impacted by headwinds in the Renewables business and slowness in the Residential market.
  • GAAP net income increased to $46.2 million, or $1.50 per share, while adjusted net income rose to $31.0 million, or $1.01 per share.
  • Residential net sales decreased 4.8%, Renewables net sales decreased 19.6%, Agtech net sales increased 0.7%, and Infrastructure net sales decreased 6.7%.
  • The acquisition of Lane Supply is expected to be immediately accretive to earnings.

Headline financials

Total Revenue

$302M

Previous: $329M-8.1%
EPS (adj)

$1.01

Previous: $0.85+18.8%
Capital Expenditures

-$5.6M

Previous: -$5.93M+5.5%
Net Income

$46.2M

Previous: $19.4M+137.7%
Operating Income

$24.8M

Previous: $25.1M-1.1%
Gross Profit

$78.2M

Previous: $82.9M-5.7%

Revenue & EPS history

Gibraltar · Revenue · Quarterly

$302M

Q4 2024-8.1%vs Q4 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Gibraltar · $188M total across 2 segments · Q2 2020

  • Residential
    $140M+7.0%
  • Infrastructure
    $48.1M-14.4%

Forward guidance

For 2025, Gibraltar expects growth, solid margin expansion, and strong cash flow generation across the business. Consolidated net sales are expected to range between $1.40 billion and $1.45 billion. GAAP EPS is expected to range between $4.25 and $4.50, and adjusted EPS is expected to range between $4.80 and $5.05.

Tailwinds

  • Expects participation gains to support growth in existing businesses.
  • Renewables business expected to improve execution.
  • Solid growth and margin contribution from the addition of Lane Supply in the Agtech segment.
  • Consolidated net sales are expected to range between $1.40 billion and $1.45 billion.
  • Adjusted EPS is expected to range between $4.80 and $5.05.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.5%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.5%

Avg return

30 days after

53%

36 / 68 earnings

Positive

+24.7%

Q1 2010

Best reaction

-15.4%

Q2 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.0%-0.0%-2.5%
Q4 2025-0.4%-10.9%-17.9%
Q3 2025-0.9%-9.1%-26.1%
Q1 2025+0.2%+6.5%+10.9%
Q4 2024+11.7%+12.9%+5.0%
Q3 2024+3.8%+3.7%+11.4%
Q2 2024-11.7%-18.4%-13.1%
Q1 2024-0.3%+1.8%+5.6%
Q4 2023-14.5%-9.4%-5.7%
Q3 2023+7.2%+8.0%+12.6%
Q2 2023+8.3%+11.8%+15.3%
Q1 2023+5.8%+7.4%+13.7%
Q4 2022-0.8%+0.9%-12.0%
Q3 2022-0.2%-1.0%+4.0%
Q2 2022-3.9%-2.6%-12.7%
Q1 2022+10.6%+6.5%+13.2%
Q4 2021-4.9%-1.4%-5.9%
Q3 2021-9.9%-6.5%+0.9%
Q2 2021-4.6%-3.2%+2.2%
Q1 2021-9.4%-10.6%-16.7%
Q4 2020-10.6%-13.9%-6.1%
Q3 2020-9.5%-3.5%+4.6%
Q2 2020+16.2%+22.1%+16.2%
Q1 2020-8.4%-8.9%+9.8%
Q4 2019+7.4%+11.7%-12.0%
Q3 2019+13.7%+20.2%+15.0%
Q2 2019+5.6%+4.4%+0.7%
Q1 2019-1.4%-5.7%-10.8%
Q4 2018+7.9%+2.7%-0.2%
Q3 2018-7.8%-3.1%+1.5%
Q2 2018+18.3%+17.9%+24.0%
Q1 2018+4.3%+4.1%+11.7%
Q4 2017+11.7%+12.3%+5.0%
Q3 2017+1.7%-1.5%+1.1%
Q2 2017-2.4%-1.6%-8.3%
Q1 2017-15.0%-18.7%-16.2%
Q4 2016-6.8%-5.5%-4.1%
Q3 2016+7.8%+12.8%+38.1%
Q2 2016-1.1%+1.7%+7.2%
Q1 2016+6.4%
Q4 2015+24.4%
Q3 2015+15.8%
Q2 2015+4.7%
Q1 2015+7.3%
Q4 2014-5.6%
Q3 2014+3.2%
Q2 2014+5.2%
Q1 2014-4.2%
Q4 2013+2.9%
Q3 2013+7.9%
Q2 2013-7.5%
Q1 2013-7.5%
Q4 2012+4.4%
Q3 2012-1.3%
Q2 2012+14.7%
Q1 2012+2.6%
Q4 2011-10.3%
Q3 2011+1.4%
Q2 2011-15.4%
Q1 2010+24.7%
Q1 2011+6.7%
Q4 2008+3.4%
Q4 2010+3.4%
Q3 2009+2.9%
Q3 2010+2.9%
Q2 2010-2.9%
Q2 2009-2.9%
Q4 2009-2.9%

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