Company Quick10K Filing
Global Brass & Copper Holdings
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 22 $750
10-Q 2019-05-02 Quarter: 2019-03-31
10-K 2019-02-28 Annual: 2018-12-31
10-Q 2018-11-01 Quarter: 2018-09-30
10-Q 2018-08-03 Quarter: 2018-06-30
10-Q 2018-05-03 Quarter: 2018-03-31
10-K 2018-03-01 Annual: 2017-12-31
10-Q 2017-11-02 Quarter: 2017-09-30
10-Q 2017-08-02 Quarter: 2017-06-30
10-Q 2017-05-05 Quarter: 2017-03-31
10-K 2017-03-07 Annual: 2016-12-31
10-Q 2016-11-04 Quarter: 2016-09-30
10-Q 2016-08-05 Quarter: 2016-06-30
10-Q 2016-05-05 Quarter: 2016-03-31
10-K 2016-03-09 Annual: 2015-12-31
10-Q 2015-11-03 Quarter: 2015-09-30
10-Q 2015-08-07 Quarter: 2015-06-30
10-Q 2015-05-11 Quarter: 2015-03-31
10-K 2015-03-16 Annual: 2014-12-31
10-Q 2014-11-13 Quarter: 2014-09-30
10-Q 2014-08-07 Quarter: 2014-06-30
10-Q 2014-05-08 Quarter: 2014-03-31
10-K 2014-03-19 Annual: 2013-12-31
10-Q 2013-11-12 Quarter: 2013-09-30
10-Q 2013-08-13 Quarter: 2013-06-30
8-K 2019-07-15 Leave Agreement, M&A, Shareholder Rights, Control, Officers, Regulation FD, Exhibits
8-K 2019-07-09 Shareholder Vote
8-K 2019-06-28 Other Events
8-K 2019-06-12 Other Events
8-K 2019-05-23 Shareholder Vote
8-K 2019-05-02 Earnings, Exhibits
8-K 2019-05-01 Other Events, Exhibits
8-K 2019-04-10 Other Events, Exhibits
8-K 2019-04-09 Enter Agreement, Officers, Exhibits
8-K 2019-02-28 Earnings, Exhibits
8-K 2019-02-08 Other Events, Exhibits
8-K 2018-11-15 Officers, Exhibits
8-K 2018-11-01 Earnings, Other Events, Exhibits
8-K 2018-08-31 Officers, Exhibits
8-K 2018-08-02 Earnings, Other Events, Exhibits
8-K 2018-05-24 Shareholder Vote
8-K 2018-05-03 Earnings, Other Events, Exhibits
8-K 2018-03-01 Earnings, Exhibits
8-K 2018-02-09 Other Events, Exhibits

Global Brass & Copper Holdings Financials

BRSS Metrics, Comps, Filings

Annual | Quarterly

Business

Global Brass and Copper Holdings, Inc. ("Holdings," the "Company," "we," "us," or "our") was incorporated in Delaware on October 10, 2007. We commenced commercial operations on November 19, 2007 following the acquisition of the metals business from Olin Corporation. The majority of our operations are managed through three reportable operating segments: Olin Brass, Chase Brass and A.J. Oster.

We are a leading value-added converter, fabricator, processor and distributor of specialized non-ferrous products, including a wide range of sheet, strip, foil, rod, tube and fabricated metal component products. While we primarily process copper and copper alloys, we also reroll and form certain other metals such as stainless steel, carbon steel and aluminum. Using processed scrap, virgin metals and other refined metals, we engage in metal melting and casting, rolling, drawing, extruding, welding and stamping to fabricate finished and semi-finished alloy products. Key attributes of copper and copper alloys are conductivity, corrosion resistance, strength, malleability, cosmetic appearance and bactericidal properties.

Unlike traditional metals companies, particularly those that engage in mining, smelting and refining activities, we are purely a metal converter, fabricator, processor and distributor, and we do not attempt to generate profits from fluctuations in publicly traded commodity metal prices. Our financial performance is primarily driven by metal conversion economics, not by the underlying movements in the commodity price of copper and the other metals we use. Through our "balanced book" approach (as further described under "Management's Discussion and Analysis of Financial Condition and Results of Operations-Key Business Principles Affecting Our Results of Operations -Balanced Book"), we strive to match the timing, quantity and price of our metal sales with the timing, quantity and price of our replacement metal purchases. We do this, for the most part, by basing both sales and purchase transaction on the price of publicly traded commodity prices and having both transactions occur on the same date. This practice, along with our toll processing operations and last-in, first-out ("LIFO") inventory accounting methodology, substantially reduces the financial impact of metal price movements on our earnings and operating margins.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Mobile Mini (MINI) 1,338 0% 11.6 3% 2,093 1,274 610 0 64 191 2,228
Encore Wire (WIRE) 1,197 15% 8.4 9% 854 102 1,312 195 80 121 1,012
Matthews International (MATW) 1,083 35% 10.2 3% 2,345 1,497 1,552 549 63 199 2,029
Oil States International (OIS) 1,081 18% 13.5 -2% 1,998 578 1,064 192 -43 101 1,367
Constellium (CSTM) 930 0% 3,901 4,015 0 0 0 0 766
Circor (CIR) 910 29% 16.2 -3% 1,713 1,218 1,139 329 -51 96 1,561
NCI Building Systems (NCS) 758 22% 13.4 0% 5,654 4,746 3,482 757 21 299 4,008
Global Brass & Copper Holdings (BRSS) 750 11% 8.0 8% 721 516 1,724 190 61 119 952
Weatherford (WFT) 703 6% -7.0 -35% 6,381 10,770 5,528 308 -2,211 -1,070 7,451
Newpark Resources (NR) 666 13% 9.1 2% 934 368 911 116 20 86 783
Tredegar (TG) 660 9.9 4% 730 342 0 48 26 70 693
Quanex Building Products (NX) 614 12% 13.4 -1% 680 319 898 104 -9 59 795
Forum Energy Technologies (FET) 397 24% -2.5 -22% 1,822 802 1,062 250 -408 -333 838
NN (NNBR) 379 0% -11.1 -16% 1,572 1,194 840 0 -259 -112 1,245
Ryerson (RYI) 292 18% 6.8 6% 2,196 2,064 4,846 851 124 204 1,384
Ferroglobe (GSM) 269 0% 2,124 0 0 0 0 269
LB Foster (FSTR) 238 19% 49.1 -5% 417 281 683 129 -21 6 314
Olympic Steel (ZEUS) 182 0% 10.1 2% 724 416 1,762 0 14 44 440
American Superconductor (AMSC) 171 27% 2.5 23% 120 42 43 12 28 39 96
NF Energy Saving (NFEC) 153 27% -10.4 -64% 25 14 1 0 -16 -15 153

Balance Sheet ($MM)2013-06-302013-09-302013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash341134698859126
Accounts Receivable5551523134198166
Inventory001911740164208218
PP&E1111310130143148
Assets698705721855997583674691
Accounts Payable02831289117114
Long-Term Debt431398380381343316314310
Liabilities715710120550932487527503
Stockholders' Equity-17-521306591142183
Income Statement ($MM)2013-06-302013-09-302013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue989801,3381,5611,765
Cost of Revenue1,576161,1571,3771,579
Gross Profit1820-6182184187
R&D221
SG&A1117721838493
Tax21418133417
Net Income11336335259
Cash Flow ($MM)2013-06-302013-09-302013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-043679549122
Cash Investing-25-220-34-65-28
Cash Financing-2-9-35-56-14-27