HAYN on NASDAQ

Haynes International

Logo: The original uploader was Jovianeye at English Wikipedia ., Public domain, via Wikimedia Commons4

Producer of corrosion-resistant and high-temperature alloys

Haynes International, Inc., a subsidiary of Acerinox headquartered in Kokomo, Indiana, is one of the largest producers of corrosion-resistant and high-temperature alloys. In addition to Kokomo, Haynes has manufacturing facilities in Arcadia, Louisiana, Laporte, Indiana, and Mountain Home, North Carolina.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 18, 2026.

Overview

$590.0MRevenue, fiscal 20235
$42.0MNet income, fiscal 20235
1912Founded1

Compare with INSTEEL INDUSTRIES INC, FRIEDMAN INDUSTRIES INC or Gibraltar Industries, or pick any stock.

  • TickerHAYN on NASDAQ1
  • Industrymetal1
  • HeadquartersKokomo1
  • Websitewww.haynesintl.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business address1020 West Park Ave, Po Box 9013, Kokomo, In 469046
  • Filer categoryAccelerated filer6
Swing Check valves
Photo: Heather Smith, CC BY 3.0, via Wikimedia Commons8

Haynes International, Inc., a subsidiary of Acerinox headquartered in Kokomo, Indiana, is one of the largest producers of corrosion-resistant and high-temperature alloys. In addition to Kokomo, Haynes has manufacturing facilities in Arcadia, Louisiana, Laporte, Indiana, and Mountain Home, North Carolina. The Kokomo facility specializes in flat products, the Arcadia facility in tubular products, and the Mountain Home facility in wire products. In fiscal year 2018, the company's revenues were derived from the aerospace (52.1%), chemical processing (18.2%), industrial gas turbine (12.0%) and other (12.3%) industries. The company's alloys are primarily marketed under the Hastelloy and the Haynes brands. They are based on nickel, but also include cobalt, chromium, molybdenum, tungsten, iron, silicon, manganese, carbon, aluminium, and/or titanium.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

18.6%Gross margin5
9.8%Operating margin5
7.1%Net margin5
20.3%Revenue growth, 20235
9.7%Return on equity5
-$33.1MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue81¢$480.2M
  • Research and development1¢$4.1M
  • Selling, general and admin8¢$48.0M
  • Interest1¢$7.6M
  • Income tax2¢$9.9M
  • Profit7¢$42.0M

Out of $590.0M in revenue.5

Financial statements

Revenue9101112135$590.0M in 2023+45% since 2016
0$200.0M$400.0M$600.0M2016: $406.4M$406.4M20162017: $395.2M$395.2M2017−3%2018: $435.3M$435.3M2018+10%2019: $490.2M$490.2M2019+13%2020: $380.5M$380.5M2020−22%2021: $337.7M$337.7M2021−11%2022: $490.5M$490.5M2022+45%2023: $590.0M$590.0M2023+20%
Gross profit9101112135$109.8M in 2023+131% since 2016
0$50.0M$100.0M$150.0M2016: $47.6M$47.6M20162017: $45.7M$45.7M2017−4%2018: $55.8M$55.8M2018+22%2019: $65.5M$65.5M2019+17%2020: $44.6M$44.6M2020−32%2021: $39.7M$39.7M2021−11%2022: $106.3M$106.3M2022+168%2023: $109.8M$109.8M2023+3%
Operating income9101112135$57.6M in 2023+1272% since 2016
-$20.0M0$20.0M$40.0M$60.0M2016: $4.2M$4.2M20162017: $265.0K$265.0K2017−94%2018: $5.0M$5.0M2018+1794%2019: $17.7M$17.7M2019+253%2020: $612.0K$612.0K2020−97%2021: -$7.1M-$7.1M20212022: $55.4M$55.4M20222023: $57.6M$57.6M2023+4%
Net income9101112135$42.0M in 2023+736% since 2016
-$40.0M-$20.0M0$20.0M$40.0M$60.0M2016: $5.0M$5.0M20162017: -$10.2M-$10.2M20172018: -$21.8M-$21.8M2018+113%2019: $9.7M$9.7M20192020: -$6.5M-$6.5M20202021: -$8.7M-$8.7M2021+34%2022: $45.1M$45.1M20222023: $42.0M$42.0M2023−7%
Fiscal year20162017201820192020202120222023
Revenue$406.4M9$395.2M10$435.3M11$490.2M12$380.5M13$337.7M5$490.5M5$590.0M5
Cost of revenue$358.8M9$349.5M10$379.5M11$424.7M12$335.9M13$297.9M5$384.1M5$480.2M5
Gross profit$47.6M9$45.7M10$55.8M11$65.5M12$44.6M13$39.7M5$106.3M5$109.8M5
Research and development$3.7M9$3.9M10$3.8M11$3.6M12$3.7M13$3.4M5$3.8M5$4.1M5
Selling, general and admin$39.7M9$41.6M10$47.0M11$44.2M12$40.3M13$43.5M5$47.1M5$48.0M5
Operating income$4.2M9$265.0K10$5.0M11$17.7M12$612.0K13-$7.1M5$55.4M5$57.6M5
Interest$555.0K9$865.0K10$918.0K11$986.0K12$1.3M13$1.2M5$2.5M5$7.6M5
Income tax-$1.3M9-$7.0M10$17.7M11$3.6M12-$1.0M13-$1.1M5$12.5M5$9.9M5
Net income$5.0M9-$10.2M10-$21.8M11$9.7M12-$6.5M13-$8.7M5$45.1M5$42.0M5
Earnings per share$0.409-$0.8310-$1.7511$0.7812-$0.5313-$0.715$3.625$3.315
Earnings per share (diluted)$0.409-$0.8310-$1.7511$0.7812-$0.5313-$0.715$3.575$3.265

Compare Haynes International with another company

The story

Founded by Elwood Haynes in 1912.1

The company was founded by Elwood Haynes in 1912 in Kokomo, Indiana, as Haynes Stellite Works. The same year Haynes was awarded two more patents for the more advanced versions of Stellite, which he had originally patented in 1907.

In 1915, Elwood Haynes and two local businessmen, Richard Ruddell and James C. Patten, incorporate the business as Haynes Stellite Company.

In 1920, the company was acquired by Union Carbide.

In 1922, the company invented its first alloy under the Hastelloy brand, derived from the words "Haynes Stellite Alloy".

In 1927, Charles Lindbergh's aircraft, the Spirit of St. Louis, which included hard-surfaced engine valves manufactured by Haynes, crossed the Atlantic Ocean.

In 1970, Cabot Corporation purchased the company.

In 1989, the investment banking firm of Morgan, Lewis, Githens, and Ahn purchased the company.

In 1997, the Blackstone Group purchased the company. The debt incurred ultimately forced Haynes into bankruptcy in March 2004, from which it emerged 5 months later in August 2004.

Read the full text

In 1999, the company opened an office in Singapore, its first sales office in Asia.

In 2004, the company acquired Branford Wire & Manufacturing of Mountain Home, North Carolina.

In March 2007, Haynes became a public company via an initial public offering.

The Space Shuttle program, which ended in 2011, used a total of 47 parts made from Haynes 188 alloy and 7 from Haynes' Hastelloy B alloy in its engines. Hastelloy C-22 alloy was used for the fuel line bellows that assisted in achieving takeoff.

In 2015, the company acquired Leveltek Processing.

In 2016, the company expanded its operations in LaPorte, Indiana. The expansion created 52 jobs.

In 2018, chairman Michael Shor became President and chief executive officer of the company and Robert H. Getz became Chairman of the Board.

In 2024, the company was acquired by Acerinox.

From Wikipedia’s article on Haynes International, shared under CC BY-SA 4.0.7

Leadership

Who has led Haynes International, and when. Pick a name to see everywhere that person has worked.

Subsidiaries and ownership

Parent company

From Wikidata.1

Timeline

  1. 2024Acquired Acquired by Acerinox1
  2. Mar 20, 2007Went public Listed on NASDAQ1
  3. 1912Founded Founded1

Recent filings

  1. Nov 21, 20248-K
  2. Nov 21, 20244
  3. Nov 21, 20244
  4. Nov 21, 20244
  5. Nov 21, 20244
  6. Nov 21, 20244
  7. Nov 21, 20244
  8. Nov 21, 20244
  9. Nov 21, 20244
  10. Nov 21, 20244
  11. Nov 21, 20244
  12. Nov 21, 20244
  13. Nov 21, 20244
  14. Nov 21, 20244
  15. Nov 21, 20244

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2