Core Molding Technologies IncCMT
What Core Molding Technologies Inc does.
Core Molding Technologies, Inc. (the "Company") and its subsidiaries operate in the engineered materials market as one operating segment as a molder of thermoplastic and thermoset structural products. The Company produces and sells molded products for varied markets, including medium and heavy-duty trucks, power sports, building products and other industrial markets. Core Molding Technologies has its headquarters in Columbus, Ohio, and operates six production facilities in the United States, Canada and Mexico.
In general, the Company achieves product growth and diversification in several different ways, including: (1) resourcing of existing structural products from another supplier by an original equipment manufacturer (“OEM”); (2) obtaining new structural products through a selection process in which an OEM solicits bids; (3) successful marketing of structural products for previously non-structural applications; (4) successful marketing of structural products to OEMs outside of our traditional markets; (5) developing of new materials, technology and processes to meet current or prospective customer requirements; (6) converting alternative materials to engineered materials; (7) expanding its business through the direct sale of engineered materials, including Sheet Molding Compound ("SMC"); and (8) acquiring an existing business. The Company's efforts continue to be directed towards all seven of those identified areas.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $222.4M | $307.5M | $377.4M | $357.7M | $302.4M | $273.8M |
| Net income | $8.2M | $4.7M | $12.2M | $20.3M | $13.3M | $11.2M |
| Free cash flow | $24.5M | $977,000 | $2.4M | $25.7M | $23.6M | $1.9M |
More on CMT.
- Core Molding Technologies Inc summary
- Core Molding Technologies Inc financial statements
- Core Molding Technologies Inc key metrics
- Core Molding Technologies Inc health scores and style box
- Core Molding Technologies Inc earnings
- Core Molding Technologies Inc dividends
- Core Molding Technologies Inc valuation
- Core Molding Technologies Inc ownership and insiders
- Core Molding Technologies Inc peers
Figures from Core Molding Technologies Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.