State Ledger
Company profile

ARTS WAY MANUFACTURING CO INC CIK 7623

Ticker
ARTW (Nasdaq)
Industry
Farm Machinery & Equipment
Headquarters
Armstrong, IA 50514
Fiscal year end
2025 (FY)
Market Data
Close
$3.40
Change
-$0.35
Change %
-9.22%
Volume
651

ARTW · trading date Oct 12, 2026 · previous close $3.74 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$22.98M
Net income
$1.03M
Total assets
$22.48M
Total liabilities
$9.17M
Stockholders' equity
$13.31M
Cash & equivalents
$4.8K
Operating income
$289.5K
Operating cash flow
-$904.1K
Capital expenditures
$627.6K

Fiscal year 2025, via 10-K filed 2026-02-12. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
1.3%
Net margin
4.5%
Free cash flow
-$1.53M
Free cash flow margin
-6.7%
Liabilities / assets
40.8%
Equity / assets
59.2%
CapEx / revenue
2.7%
Operating cash flow / net income
-0.87×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $22.98M $1.03M $22.48M $9.17M $13.31M
2024 $24.50M $307.4K $21.24M $9.15M $12.09M
2023 $30.28M $267.0K $24.40M $12.76M $11.64M
2022 $25.65M $97.8K $23.95M $12.80M $11.15M
2021 $24.97M $212.6K $20.85M $10.50M $10.35M
Company Details
SIC code
3523
State of incorporation
NC
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-02
Financials filed via
Form 10-K
filed 2026-02-12

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Armstrong, IA 50514
5556 HIGHWAY 9
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:31 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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