Conrad Industries(OTC) CNRD

Conrad Industries, Inc. is a U.S.-based company specializing in the construction, modification, and upkeep of a wide array of marine vessels crafted from steel and aluminum. Established in 1948, the company operates in the aerospace and defense sector, focusing on shipbuilding and repair services.

Products and Services

• Construction of harbor tugs and various types of barges
• Manufacturing of offshore support vessels, including crew boats
• Comprehensive repair and conversion services for marine vessels

Growth Outlook

• Revenue increased to $69.35 million in Q1 2026, showing resilience
• Trailing twelve months (TTM) net income margin stands at 6.07%
• Strong operating cash flow of $3.78 million in Q1 2026 indicates operational efficiency

Financial Highlights

• TTM P/E ratio of 7.72 suggests attractive valuation compared to industry peers
• Current ratio of 2.43 indicates strong liquidity position
• Net income of $3.21 million in Q1 2026 reflects solid profitability

Conrad Industries, Inc. has established itself as a key player in the marine vessel construction and repair industry. The company's diverse product offerings, including specialized barges and offshore support vessels, cater to a wide range of maritime needs. Recent financial performance highlights a robust revenue stream and a healthy net income margin, indicating effective management and operational efficiency. The strong liquidity position further enhances the company's ability to navigate market fluctuations and invest in future growth opportunities. With a favorable P/E ratio, Conrad Industries presents a compelling case for potential investors looking for opportunities in the aerospace and defense sector.