ROCKGibraltar Industries, Inc.
Is the business good?
More warning than reassurance: 3 of 9 health tests passed and margins compressing.
Weak, deteriorating fundamentals. Nine pass/fail tests of year-over-year health from the filings.
Operating profit is mostly backed by cash. Conversion is worsening vs a year ago.
Operating profit is falling even as sales grow, costs are outrunning the top line.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is ROCK?
Gibraltar Industries, Inc. earns 4.2% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 4.9 points below what the capital costs: growth destroys value
- Operating margin
- 7.6%
Operating margin · Building Products & Equipment median 7.8% · 12 months to Q2 2026
- Cash conversion
- 0.84×
Cash conversion · 1.31× a year ago · most of the operating profit arrived as cash, working capital took the rest
- Share count, year on year
- +0.01%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 10% |
| FY2021 | 7.2% |
| FY2022 | 9.4% |
| FY2023 | 12% |
| FY2024 | 14% |
| FY2025 | 11% |
Details›
- Gross margin12 months to Q2 2026
- 25%
- Operating margin12 months to Q2 2026
- 7.6%
- Net margin12 months to Q2 2026
- −10%
- Free cash flow margin
- 2.9%
- Revenue, trailing twelve months
- $1.45B
- Free cash flow, trailing twelve months
- $42M
- Net income, trailing twelve months
- −$151M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 4.2%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Customers and suppliers
Who buys from ROCK and who it buys from, as the companies report it.
- One customer12%
Share of revenue · FY2025 10-K
- Ten largest customers43%
Combined share of revenue · FY2025 10-K
None disclosed.
A company has to disclose every customer behind 10% or more of its revenue. Each share comes from the latest annual report of the company that states it and shows on both companies’ pages; ROCK’s own figures are from its FY2025 10-K. Smaller customers and suppliers go unreported.
Building Products & Equipment
Ranks #9 of 19 by RyuScore