Company Analysis

Art's-Way Manufacturing Co., Inc. (ARTW)

Nasdaq: ARTW · Farm Machinery & Equipment · Armstrong, IA · filing with the SEC since 1996
Grade3.9
◀ Past 3.4● Present 4.4▶ Future 3.6

The grade of Art's-Way Manufacturing Co., Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.9/10
◀ Past3.430% of the headline
● Present4.440% of the headline
▶ Future3.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

3.4/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.2/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 72nd percentile among 68 sector filers · read for itself

From the record

Art's-Way Manufacturing Co., Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.4/10

What has it actually done, year after year?

-3.5% a year over 10 filed years; profitable in 5 of 10.

weight 45% of this tense · 14th percentile among 64 sector filers · read for its customers

From the record

Art's-Way Manufacturing Co., Inc.'s 10 filed years say what it did: revenue went from $36 million in fiscal 2012 to $23 million in fiscal 2025, down 3.5% a year; it rose in 4 of 9 years; the deepest fall was 46% from fiscal 2012 to fiscal 2018; net income was positive in 5 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-3.5%bottom 15% of its family
  • the share of years revenue rosebottom 11% of its family
  • the share of filed years with a profitbottom 21% of its family
  • the deepest fall from a revenue peak45.9%bottom 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
1.9/10

How has it treated the people who own it?

Share count grew 2.7% a year. 6% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 19th percentile among 57 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-11-30, Art's-Way Manufacturing Co., Inc.'s diluted share count grew about 2.7% a year, and dividends and buybacks returned about 6% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 16% of its family
  • cash returned against operating cash flowbottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.4/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.1/10

Is it financially healthy right now?

ROE 8%: 8¢ of profit per shareholder dollar. Leverage 41%: owes 41¢ per asset dollar.

weight 45% of this tense · 51st percentile among 65 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-11-30, Art's-Way Manufacturing Co., Inc. earned about 8 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 28 cents per dollar of everything the company owns. Leverage: it owed about 41 cents per dollar of assets, and net share issuance: its share count grew 0.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 24% of its family
  • return on equitybottom 30% of its family
  • gross profit against assetstop 33% of its family
  • the share count against the year beforebottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
2.0/10

How strong is its position in its industry?

bottom 20% of 63 in its family; net margin 4.5%.

weight 33% of this tense · 20th percentile among 63 sector filers · read for its customers

From the record

Art's-Way Manufacturing Co., Inc.'s standing among 63 graded names in its industry family: revenue of $23 million in fiscal 2025 ranks in the bottom 2% by size; a net margin of 4.5% ranks in the bottom 36%; revenue growth of -3.6% a year over the last 3 filed years ranks in the bottom 23% (its annual reports).

What it rests on

  • revenue against the family$23.0Mbottom 2% of its family
  • net margin4.5%bottom 36% of its family
  • three-year revenue growth-3.6%bottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.7/10

What are the people in charge doing?

top 33% of 55 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 67th percentile among 55 sector filers · read for its shareholders

From the record

Art's-Way Manufacturing Co., Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Mcconnell, Marc H (President, CEO and Chairman, as filed), filing under that title since 2025-01-28, 1.8 years (bottom 21% of its family); the 6 officers and directors filing in the last fifteen months have been on the record a median of 9.2 years (top 8%); 1 officer or director change was reported on Form 8-K since 2023-11-13, against the 6 people in charge now (top 11%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge1 in three years among 6 peopletop 11% of its family
  • the median years the people in charge have filed9.2 yearstop 8% of its family
  • the chief executive's years on the record1.8 yearsbottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
2.6/10

How much room does it have to grow?

bottom 26% of 63 in its family for room to expand.

weight 45% of this tense · 26th percentile among 63 sector filers · read for itself

From the record

Art's-Way Manufacturing Co., Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $5 thousand against debt of $2 million leaves -11.1% of its assets as net cash, top 39% of its family; cash from operations less capital spending is -6.7% of revenue (bottom 10%); a gross margin of 27.3% (bottom 26%); research spending of 1% of revenue (bottom 8%) (its annual report).

What it rests on

  • cash less debt against assets-11.1%top 39% of its family
  • cash from operations less capital spending against revenue-6.7%bottom 10% of its family
  • gross margin27.3%bottom 26% of its family
  • research spending against revenue1.0%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.1/10

What could actually drive growth from here?

bottom 31% of 64 in its family for growth drivers.

weight 33% of this tense · 31st percentile among 64 sector filers · read for its customers

From the record

Art's-Way Manufacturing Co., Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -3.6% a year over the last three filed years against -3.5% over all 10, slowing (top 50% of its family); the newest year grew -6.2% (bottom 12%); research spending grew 5.7% a year (top 49%); capital spending grew -27.8% a year (bottom 10%) (its annual reports). Art's-Way Manufacturing Co., Inc. reported 2 lines of business in fiscal 2025: Agricultural Products at $13 million, Modular Buildings at $10 million. 1 of 2 grew in the latest filed year, and the largest line is 55% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span-0.1 points a yeartop 50% of its family
  • the newest year's revenue growth-6.2%bottom 12% of its family
  • three-year growth of research spending5.7%top 49% of its family
  • three-year growth of capital spending-27.8%bottom 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.5/10

Did its newest year beat what its own record pointed to?

top 35% of 62 in its family for expectations against reality.

weight 22% of this tense · 65th percentile among 62 sector filers · read for its shareholders

From the record

Art's-Way Manufacturing Co., Inc.'s newest year against its own record: revenue of $23 million in fiscal 2025 came in 4.1% below the $24 million its prior three years' pace pointed to (bottom 22% of its family); net income of $1 million against a prior three-year average of $224 thousand (top 7%); a net margin of 4.5% against 0.8% before (top 19%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-4.1%bottom 22% of its family
  • net income against the prior three years' average+362%top 7% of its family
  • net margin against its prior average+3.7 pointstop 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ARTW · research, not advice