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Gulf Island Fabrication, Inc.(GIFI)Earnings, Financials & Key Ratios
GIFI•NASDAQ
$12.00
13.6× P/E·Price updated Jun 20, 2026
SectorIndustrialsIndustryMetal FabricationSub-IndustryMetal products for infrastructure and construction
AboutGulf Island Fabrication, Inc., together with its subsidiaries, operates as a fabricator of steel structures and modules in the United States. The company fabricates modules, skids, and piping systems for onshore refining, petrochemical, liquified natural gas (LNG), industrial, and offshore facilities; foundations, secondary steel components, and support structures for alternative energy developments and coastal mooring facilities; offshore production platforms and associated structures, including jacket foundations, piles, and topsides for fixed production and utility platforms, as well as hulls and topsides for floating production and utility platforms; and other complex steel structures and components. It also provides services on offshore platforms, including maintenance, repair, construction, and other services required to connect production equipment and service modules and equipment; on-site construction and maintenance services on inland platforms and structures and industrial facilities; project management and commissioning services; and scaffolding, coatings, industrial staffing, and other specialty services, as well as performs municipal and drainage projects, including pump stations, levee reinforcement, bulkheads, and other public works. The company serves international energy producers; refining, petrochemical, LNG, industrial, and power operators; and engineering, procurement, and construction companies. Gulf Island Fabrication, Inc. was founded in 1947 and is headquartered in Houston, Texas.Show more
- Revenue$159M+5.4%
- EBITDA$17M+184.0%
- Net Income$15M+160.4%
- EPS (Diluted)0.88+158.3%
- Gross Margin13.98%+277.4%
- EBITDA Margin10.77%+179.7%
- Operating Margin7.71%+145.0%
- Net Margin9.26%+157.3%
- ROE17.13%+163.8%
GIFI Price & Volume
Gulf Island Fabrication, Inc. (GIFI) stock price & volume — 10-year historical chart
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Project Lumpiness Challenges Consistent Margin Scaling Potential
Investment Thesis • Updated 2025Q3
VerdictNeutral
Growth:Mixed
Profitability:Strained
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Project backlog execution volatility
Key Thesis Takeaways
- Gulf Island Fabrication has successfully de-risked its balance sheet, maintaining a conservative 0.20 debt-to-equity ratio that provides a buffer against the inherent volatility of its project-based revenue model.
- While the company achieved a 36.9% year-over-year revenue growth in 2025Q3, the inconsistency in operating margins—ranging from a 15.0% peak in 2023Q4 to a 2.2% level in 2025Q3—suggests that structural overhead remains a significant hurdle.
- Investors should monitor the company's ability to convert project wins into sustained profitability, as the current reliance on non-operating items to bolster net income may mask underlying operational fragility.
Verdict Logic
while the company maintains a robust liquidity profile with a 3.54 current ratio, the inconsistent profitability and reliance on project-based revenue cycles warrant a cautious approach until operating margins stabilize above the 2.2% level observed in 2025Q3.
GIFI Growth Metrics
Gulf Island Fabrication, Inc. (GIFI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-10.93%
5 Years-12.1%
3 Years19.43%
TTM0.26%
Profit CAGR
10 Years-0.38%
5 Years-
3 Years-
TTM-48.07%
EPS CAGR
10 Years-1.75%
5 Years-
3 Years-
TTM-48.04%
Return on Capital
10 Years-11.34%
5 Years-7.65%
3 Years-5.71%
Last Year11.67%
GIFI Recent Earnings
Gulf Island Fabrication, Inc. (GIFI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (73%)●Beat Revenue 5/12 qtrs (63%)
Q2 2026Latest
Mar 3, 2026Metric
Actual
Est
EPS
$0.26+414.9%
$0.05
Rev
—
$39M
Q4 2025
Nov 12, 2025Metric
Actual
Est
EPS
$0.10+2602.7%
$0.00
Rev
$52M+51.6%
$34M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$0.07-41.7%
$0.12
Rev
$38M+5.7%
$36M
Q2 2025
May 6, 2025Metric
Actual
Est
EPS
$0.23+187.5%
$0.08
Rev
$40M+10.3%
$37M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 3, 2026 | $0.26vs $0.05+414.9% | —vs $39M |
| Q4 2025 | Nov 12, 2025 | $0.10vs $0.00+2602.7% | $52Mvs $34M+51.6% |
| Q3 2025 | Aug 6, 2025 | $0.07vs $0.12-41.7% | $38Mvs $36M+5.7% |
| Q2 2025 | May 6, 2025 | $0.23vs $0.08+187.5% | $40Mvs $37M+10.3% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Gulf Island Fabrication, Inc. (GIFI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $12.00 | $191.98M | 13.64 | 5.38% | 9.26% | 17.13% | — | |
| $139.44 | $2.91B | 35.66 | 11.21% | 7.52% | 15.96% | — | |
| $17.00 | $1.14B | 15.74 | 16.47% | 8.27% | 14.83% | — | |
| $294.10 | $11.58B | 19.11 | 8.23% | 4.71% | 12.05% | — | |
| $50.48 | $922.67M | 25.76 | -5.43% | 2.6% | 27.22% | — | |
| $776.55 | $23.83B | 82.79 | 17.69% | 12.02% | 32.26% | — |
Compare GIFI vs Peers
Gulf Island Fabrication, Inc. (GIFI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
GIFI SEC Filings & Documents
Gulf Island Fabrication, Inc. (GIFI) SEC filings — annual & quarterly reports (10-K, 10-Q)
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GIFI Frequently Asked Questions
Gulf Island Fabrication, Inc. (GIFI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Gulf Island Fabrication, Inc.'s revenue?
Gulf Island Fabrication, Inc. (GIFI) reported $166.8M in revenue for fiscal year 2024. This represents a 22% increase from $136.4M in 1997.
How fast is Gulf Island Fabrication, Inc. growing?
Gulf Island Fabrication, Inc. (GIFI) grew revenue by 5.4% over the past year. This is steady growth.
Is GIFI profitable?
Yes, Gulf Island Fabrication, Inc. (GIFI) is profitable, generating $9.1M in net income for fiscal year 2024 (9.3% net margin).
Dividend & Returns
What is GIFI's return on equity?
Gulf Island Fabrication, Inc. (GIFI) has a return on equity (ROE) of 17.1%. This is reasonable for most industries.
What is Gulf Island Fabrication, Inc.'s free cash flow?
Gulf Island Fabrication, Inc. (GIFI) generated $8.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.