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Side-by-side financial comparison of INSTEEL INDUSTRIES INC (IIIN) and UNITIL CORP (UTL). Click either name above to swap in a different company.

UNITIL CORP is the larger business by last-quarter revenue ($161.5M vs $159.9M, roughly 1.0× INSTEEL INDUSTRIES INC). UNITIL CORP runs the higher net margin — 11.8% vs 4.7%, a 7.0% gap on every dollar of revenue. On growth, UNITIL CORP posted the faster year-over-year revenue change (26.7% vs 23.3%). INSTEEL INDUSTRIES INC produced more free cash flow last quarter ($-2.2M vs $-36.3M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs -4.9%).

Insteel Industries Inc is a leading U.S. manufacturer of steel reinforcing products including welded wire reinforcement and steel fibers. It primarily serves non-residential construction, infrastructure, and precast concrete segments across North America, delivering high-performance reinforcement solutions for various construction projects.

Unitil Corporation is an interstate electricity and natural gas utility company that provides services for New Hampshire, Massachusetts and Maine. Its earliest predecessor company, the Portland Gas Light Company, was founded in Maine in 1849. The current company was set up in 1984 and is based in New Hampshire. With a market cap of 686.51M, it provides electric services to about 102,400 customers and natural gas to over 75,900 customers. The service territory of Unitil includes business distr...

IIIN vs UTL — Head-to-Head

Bigger by revenue
UTL
UTL
1.0× larger
UTL
$161.5M
$159.9M
IIIN
Growing faster (revenue YoY)
UTL
UTL
+3.4% gap
UTL
26.7%
23.3%
IIIN
Higher net margin
UTL
UTL
7.0% more per $
UTL
11.8%
4.7%
IIIN
More free cash flow
IIIN
IIIN
$34.1M more FCF
IIIN
$-2.2M
$-36.3M
UTL
Faster 2-yr revenue CAGR
IIIN
IIIN
Annualised
IIIN
12.0%
-4.9%
UTL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IIIN
IIIN
UTL
UTL
Revenue
$159.9M
$161.5M
Net Profit
$7.6M
$19.0M
Gross Margin
11.3%
Operating Margin
6.0%
21.5%
Net Margin
4.7%
11.8%
Revenue YoY
23.3%
26.7%
Net Profit YoY
602.4%
21.8%
EPS (diluted)
$0.39
$1.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IIIN
IIIN
UTL
UTL
Q4 25
$159.9M
$161.5M
Q3 25
$177.4M
$101.1M
Q2 25
$179.9M
$102.6M
Q1 25
$160.7M
$170.8M
Q4 24
$129.7M
$127.5M
Q3 24
$134.3M
$92.9M
Q2 24
$145.8M
$95.7M
Q1 24
$127.4M
$178.7M
Net Profit
IIIN
IIIN
UTL
UTL
Q4 25
$7.6M
$19.0M
Q3 25
$14.6M
$-300.0K
Q2 25
$15.2M
$4.0M
Q1 25
$10.2M
$27.5M
Q4 24
$1.1M
$15.6M
Q3 24
$4.7M
$0
Q2 24
$6.6M
$4.3M
Q1 24
$6.9M
$27.2M
Gross Margin
IIIN
IIIN
UTL
UTL
Q4 25
11.3%
Q3 25
16.1%
Q2 25
17.1%
Q1 25
15.3%
Q4 24
7.3%
Q3 24
9.1%
Q2 24
10.6%
Q1 24
12.3%
Operating Margin
IIIN
IIIN
UTL
UTL
Q4 25
6.0%
21.5%
Q3 25
10.8%
6.9%
Q2 25
11.0%
13.0%
Q1 25
8.3%
27.0%
Q4 24
1.1%
22.1%
Q3 24
4.5%
6.2%
Q2 24
6.0%
13.0%
Q1 24
7.0%
24.7%
Net Margin
IIIN
IIIN
UTL
UTL
Q4 25
4.7%
11.8%
Q3 25
8.2%
-0.3%
Q2 25
8.4%
3.9%
Q1 25
6.4%
16.1%
Q4 24
0.8%
12.2%
Q3 24
3.5%
Q2 24
4.5%
4.5%
Q1 24
5.4%
15.2%
EPS (diluted)
IIIN
IIIN
UTL
UTL
Q4 25
$0.39
$1.05
Q3 25
$0.74
$-0.02
Q2 25
$0.78
$0.25
Q1 25
$0.52
$1.69
Q4 24
$0.06
$0.97
Q3 24
$0.24
$0.00
Q2 24
$0.34
$0.27
Q1 24
$0.35
$1.69

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IIIN
IIIN
UTL
UTL
Cash + ST InvestmentsLiquidity on hand
$15.6M
$15.6M
Total DebtLower is stronger
$670.5M
Stockholders' EquityBook value
$358.8M
$609.6M
Total Assets
$456.1M
$2.1B
Debt / EquityLower = less leverage
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IIIN
IIIN
UTL
UTL
Q4 25
$15.6M
$15.6M
Q3 25
$38.6M
$14.6M
Q2 25
$53.7M
$8.5M
Q1 25
$28.4M
$10.2M
Q4 24
$36.0M
$6.3M
Q3 24
$111.5M
$6.3M
Q2 24
$97.7M
$2.8M
Q1 24
$83.9M
$6.3M
Total Debt
IIIN
IIIN
UTL
UTL
Q4 25
$670.5M
Q3 25
$670.5M
Q2 25
$640.7M
Q1 25
$642.1M
Q4 24
$643.3M
Q3 24
$643.3M
Q2 24
$511.3M
Q1 24
$512.8M
Stockholders' Equity
IIIN
IIIN
UTL
UTL
Q4 25
$358.8M
$609.6M
Q3 25
$371.5M
$597.2M
Q2 25
$356.2M
$532.8M
Q1 25
$341.4M
$534.1M
Q4 24
$331.6M
$512.5M
Q3 24
$350.9M
$502.4M
Q2 24
$346.0M
$508.8M
Q1 24
$340.6M
$510.8M
Total Assets
IIIN
IIIN
UTL
UTL
Q4 25
$456.1M
$2.1B
Q3 25
$462.6M
$1.9B
Q2 25
$471.9M
$1.9B
Q1 25
$421.9M
$1.9B
Q4 24
$404.7M
$1.8B
Q3 24
$422.6M
$1.7B
Q2 24
$414.6M
$1.7B
Q1 24
$397.2M
$1.7B
Debt / Equity
IIIN
IIIN
UTL
UTL
Q4 25
1.10×
Q3 25
1.12×
Q2 25
1.20×
Q1 25
1.20×
Q4 24
1.26×
Q3 24
1.28×
Q2 24
1.00×
Q1 24
1.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IIIN
IIIN
UTL
UTL
Operating Cash FlowLast quarter
$-701.0K
$21.4M
Free Cash FlowOCF − Capex
$-2.2M
$-36.3M
FCF MarginFCF / Revenue
-1.4%
-22.5%
Capex IntensityCapex / Revenue
0.9%
35.7%
Cash ConversionOCF / Net Profit
-0.09×
1.13×
TTM Free Cash FlowTrailing 4 quarters
$439.0K
$-53.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IIIN
IIIN
UTL
UTL
Q4 25
$-701.0K
$21.4M
Q3 25
$-17.0M
$15.6M
Q2 25
$28.5M
$42.2M
Q1 25
$-3.3M
$52.1M
Q4 24
$19.0M
$23.3M
Q3 24
$16.2M
$26.1M
Q2 24
$18.8M
$49.9M
Q1 24
$1.4M
$26.6M
Free Cash Flow
IIIN
IIIN
UTL
UTL
Q4 25
$-2.2M
$-36.3M
Q3 25
$-18.7M
$-39.0M
Q2 25
$26.9M
$2.0M
Q1 25
$-5.5M
$19.5M
Q4 24
$16.3M
$-32.3M
Q3 24
$14.5M
$-31.3M
Q2 24
$15.5M
$13.2M
Q1 24
$-580.0K
$6.4M
FCF Margin
IIIN
IIIN
UTL
UTL
Q4 25
-1.4%
-22.5%
Q3 25
-10.6%
-38.6%
Q2 25
15.0%
1.9%
Q1 25
-3.5%
11.4%
Q4 24
12.6%
-25.3%
Q3 24
10.8%
-33.7%
Q2 24
10.7%
13.8%
Q1 24
-0.5%
3.6%
Capex Intensity
IIIN
IIIN
UTL
UTL
Q4 25
0.9%
35.7%
Q3 25
1.0%
54.0%
Q2 25
0.9%
39.2%
Q1 25
1.4%
19.1%
Q4 24
2.1%
43.6%
Q3 24
1.3%
61.8%
Q2 24
2.2%
38.3%
Q1 24
1.5%
11.3%
Cash Conversion
IIIN
IIIN
UTL
UTL
Q4 25
-0.09×
1.13×
Q3 25
-1.17×
Q2 25
1.88×
10.55×
Q1 25
-0.32×
1.89×
Q4 24
17.56×
1.49×
Q3 24
3.48×
Q2 24
2.86×
11.60×
Q1 24
0.20×
0.98×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IIIN
IIIN

Welded Wire Reinforcement$108.4M68%
PC Strand$51.6M32%

UTL
UTL

Segment breakdown not available.

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