Webco Industries Inc. Reports Mixed Fiscal 2025 Third Quarter Results

SAND SPRINGS, Okla., May 22, 2025 — Webco Industries, Inc. (OTC: WEBC), a U.S.-based company specializing in carbon-and stainless-steel tubing products, has released its fiscal 2025 third-quarter results. The company, headquartered in Sand Springs, Oklahoma, reported a net income of $5.0 million, or $7.05 per diluted share, for the quarter ending April 30, 2025. This represents a decrease from the $6.4 million, or $7.49 per diluted share, reported in the same quarter of fiscal year 2024.

Despite the decline in net income, Webco Industries saw a modest increase in net sales, which rose 1.4% year-over-year to $155.4 million from $153.2 million in the third quarter of fiscal year 2024. This slight uptick in sales reflects the company’s ongoing efforts to meet industry and customer specifications with its range of products, including welded carbon heat exchanger tubing, stainless tube and pipe, and advanced mechanical tubing.

However, the first nine months of fiscal year 2025 have been challenging for Webco Industries. The company reported a net income of $2.9 million, or $3.68 per diluted share, compared to a significantly higher net income of $11.8 million, or $14.30 per diluted share, for the same period in fiscal year 2024. Net sales for the first nine months decreased by 6.7% to $426.5 million.

Financially, Webco Industries maintains a strong liquidity position, with $75.7 million in cash and available credit. The company has also been actively repurchasing its stock, having bought back 166,000 shares in the first nine months of fiscal year 2025. Despite these positive measures, the gross profit margin improved only slightly to 13.7% from 12.9% year-over-year, and interest expenses increased to $1.5 million from $0.7 million in the third quarter of the previous year.

As Webco Industries navigates these financial challenges, the company continues to focus on its core competencies in the metals and mining sector. With a market capitalization of $158.88 million and a price-to-earnings ratio of 19.74, investors will be closely watching the company’s strategies to enhance profitability and sustain growth in the coming quarters.