Gibraltar Industries (ROCK) FY2025 results: revenue $1.1 billion, up 11.0% on the year
Gibraltar Industries, Inc. (ROCK) reported revenue of $1.1 billion for fiscal 2025, the year ended 31 December 2025, up 11.0% on the year before. Net income was -$44 million, and diluted earnings per share $-1.48. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2026.
Revenue
$1.1 billion
+11.0% on the year
FY2018FY2025
Operating margin
10.8%
13.6% a year earlier
FY2018FY2025
Net income
-$44 million
FY2018FY2025
Diluted EPS
-$1.48
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
The year in brief
What management said about the year
Guidance figures: 5 new.
Full-year net sales rose 11%: Full-year 2025 net sales were $1,135.5 million, up 11.0%. Adjusted EBITDA was $185.3 million, up 4.4%, and adjusted diluted EPS was $3.92, up 2.6%.
Fourth-quarter sales rose on acquisitions: Fourth-quarter net sales were $268.7 million, up 16.0%. Metal roofing and structures acquisitions added sales, offset by a soft end market, channel inventory rightsizing and price/cost timing.
GAAP earnings fell on prior-year gain: Fourth-quarter GAAP diluted EPS was $0.40, down 74.0%, against a prior-year gain on sale of a business. Adjusted diluted EPS was $0.76, down 14.6%.
Residential margin fell on deleveraging: Residential adjusted operating margin was 14.0%, down 320 bps. GAAP Residential operating margin was 11.9%.
Consolidated backlog up 102%: Bookings continued in the fourth quarter, and consolidated backlog was up 102% over the prior year.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
167
174
218
-4.2%
Capital expenditure
46.4
17.4
13.9
+167.1%
Free cash flow
121
157
205
-23.1%
Free cash flow margin
10.6%
15.3%
19.5%
Cash from investing
-257
8.5
-15.7
Cash from financing
-63.7
-12.2
-120
Depreciation and amortisation
29.8
19.1
18.7
+56.1%
Share-based compensation
8.3
10.0
8.9
-17.0%
Buybacks
63.9
12.2
29.3
+424.0%
Diluted shares, weighted
30m
31m
31m
-2.6%
Shares outstanding at period end
34m
34m
34m
+0.5%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
950
1,048
915
-9.3%
Debt
0.0
0.0
0.0
Operating lease liabilities
46.2
33.4
36.0
+38.4%
Other liabilities
397
338
305
+17.5%
Total liabilities and equity
1,394
1,419
1,256
-1.8%
Fixed assets
130
87.1
108
+49.8%
Goodwill
415
323
329
+28.4%
Intangible assets
34.5
26.1
126
+32.2%
Cash and equivalents
116
269
99.4
-57.1%
Receivables
120
115
173
+4.7%
Inventory
117
93.3
121
+25.2%
Other assets
461
505
301
-8.8%
Total assets
1,394
1,419
1,256
-1.8%
10-K for the year ended 31 December 2025, filed 26 February 2026: the filing.