Basanite Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Basanite Inc (PAYM) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Basanite Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 0M vs 96,806M combined for tracked competitors (0.0% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-98.0% annualized vs trailing 12 months), vs decelerating (-63.2%) for its tracked peer group.
- Growth: Basanite Inc generated -97.6% revenue growth year over year in Q3 2025, vs 7.6% for its tracked competitors combined.
- Profitability: Its -13,650.9% net margin compares with 0.5% for the peer group.
- Peer revenue share: Basanite Inc accounted for 0.0% of combined revenue among its tracked peer group, up from 0.0% a year earlier.
- Peer differentiation: Revenue per employee of $0.10M compares with $0.76M for the peer group (0.1x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
PAYM Sales vs. its Competitors, Q3 2025
Basanite Inc reported revenue contraction of 97.59 % year on year in Q3 2025, below its competitors' combined revenue growth of 7.58 %.
With a net margin of -13,650.89 %, Basanite Inc reported lower profitability than its competitors (0.51 %).
Basanite Inc generated 0.00 % of the combined sales of its peer group, up from 0.00 % a year earlier.
Basanite Inc vs. its Competitors, Q3 2025
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Basanite Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Basanite Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Basanite Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (2) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Basanite Inc's competitor groups requires a Commercial License.
For context: the Miscellaneous Manufacturing industry grew revenue 9.6% year over year, combined, vs -97.6% for Basanite Inc. Basanite Inc's share of combined industry revenue moved from 0.00% to 0.00%, a gain of 0.00 percentage points.
Basanite Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Basanite Inc | - | Yes | Yes | Yes |
| Competitors combined (12) | ||||
| High-Confidence Competitors (3) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
PAYM Stock Performance relative to its Competitors
PAYM Stock Performance relative to High-Confidence Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Srx Health Solutions Inc | 282.9% | Outperformed |
| 2 | Proto Labs Inc | 282.9% | Outperformed |
| 3 | Arcelormittal | 282.9% | Outperformed |
| 4 | Corning Inc | 282.9% | Outperformed |
| 5 | Ufp Technologies Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Basanite Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Basanite Inc's Comment on Competition and Industry Peers
Publicly Traded Peers of Basanite Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Basanite Inc | 6,774.64 | 0.31 |
| Corning Inc | 112,358.75 | 16,964.00 |
| Arcelormittal | 47,518.81 | 61,352.00 |
| United States Steel Corp | 12,374.37 | 15,207.00 |
| Owens Corning | 9,003.02 | 9,847.00 |
| Hexcel Corporation | 6,998.60 | 1,978.30 |
| SUBTOTAL | 204,222.87 | 112,074.63 |
Sign in to see all competitors of Basanite Inc .
Sources: Basanite Inc's official press releases and company reports; CSIMarket.com's market research; and the company reports and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Basanite Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Basanite Inc's Competitors Named by the Company
Competitive relationships identified from Basanite Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Owens Corning/Mateen | Company report | 85% |
| Tuf-Bar | Company report | 85% |
| Kodiak | Company report | 85% |
| Pultron | Company report | 85% |
| Armastek | Company report | 85% |
| Liberty | Company report | 85% |
| Sudaglass | Company report | 85% |
| Galen | Company report | 85% |
| Pulltrall | Company report | 85% |
| American Fiberglass Rebar | Company report | 85% |
| Neuvokas | Company report | 85% |
| Cubic Corp | Company report | 85% |
| Srx Health Solutions Inc | Company report | 85% |
| Corning Inc | Company report | 85% |
| Core Molding Technologies Inc | Company report | 85% |
| Hexcel Corporation | Company report | 85% |
Company report basis, confidence, active dates and source counts for Basanite Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from Basanite Inc reports (named-competitor disclosures) and corroborating sources. Confidence reflects evidence strength.
Basanite Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Corning Inc | Optical Communications 40.55 % |
| United States Steel Corp | Flat Rolled Products 60.10 % |
| Owens Corning | Roofing 42.38 % |
| Hexcel Corporation | Composite Materials 84.77 % |
| Avient Corporation | Color Additives and Inks 62.32 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Basanite Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Basanite Inc | 6,775 | 101,778 | -672,598 |
| Corning Inc | 112,359 | 252,440 | 30,863 |
| Arcelormittal | 47,519 | 475,596,899 | 25,139,535 |
| United States Steel Corp | 12,374 | 633,625 | 4,042 |
| Owens Corning | 9,003 | 393,880 | -26,720 |
| Hexcel Corporation | 6,999 | 355,617 | 27,593 |
| PEERS TOTAL | 197,448 | 763,002 | 35,382 |
Basanite Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Owens Corning | North America 88.17 % |
| Deswell Industries Inc | CN 33.20 % |
| Srx Health Solutions Inc | US 89.62 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Basanite Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 35 companies in Basanite Inc's industry classification, broader than the peer set above. Market cap in millions of $.Basanite Inc ranks #0 of 35 companies by market capitalization in its industry, holding 0.00 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,630, indicating a moderately concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Abb Ltd | 159,516 | 32.06 % |
| 2 | Trane Technologies Plc | 100,719 | 20.24 % |
| 3 | Ferguson Enterprises Inc | 43,551 | 8.75 % |
| 4 | Xylem Inc | 24,563 | 4.94 % |
| 5 | Amcor Plc | 1,234 | 5.2% |
| 6 | Snap on Inc | 1,234 | 5.2% |
| 7 | Itt Inc | 1,234 | 5.2% |
| 8 | Idex Corp | 1,234 | 5.2% |
| 9 | Stanley Black and Decker Inc | 1,234 | 5.2% |
| 10 | Graco Inc | 1,234 | 5.2% |
| 0 | Basanite Inc | 6,785 | 0.00 % |
Market cap and industry share for the rest of Basanite Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-10-20.
Basanite Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Miscellaneous Manufacturing industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (54 companies). See the full Miscellaneous Manufacturing industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 12.51 % | 28.72 % (avg) | -16.2 pp |
| Operating Margin | - | industry median | - |
| EBITDA Margin | - | 6.25 % (avg) | - |
| Capital Intensity (Capex / Revenue) | - | 5.06 % (avg) | - |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Basanite Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | -97.55 % | - | - | - | 440.61 % | 500.00 % | - | - |
| Operating Margin | -24,333.15 % | -3,869.48 % | - | -8,355.60 % | -5,070.32 % | - | - | - |
| Return on Invested Capital | 348.66 % | 566.12 % | 883.27 % | 245.39 % | -3,298.36 % | 145.25 % | 12.04 % | 5.00 % |
| P/E | - | - | - | - | - | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Basanite Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Moderate | Industry HHI of 1,630 (see Industry Market Structure & Concentration above) |
| Supplier Power | Not covered on this page | See Basanite Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Basanite Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Basanite Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Return on equity 5.8 points above the industry aggregate.
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Latest-quarter revenue run-rate is decelerating (-98.0% annualized vs trailing 12 months).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
No rule matched.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-63.2% annualized).
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Basanite Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Basanite Inc | 0.01 | 0.01 | - |
| Corning Inc | 0.25 | 1.64 | 0.68 |
| Arcelormittal | 0.24 | 1.36 | 0.05 |
| United States Steel Corp | 0.42 | 1.60 | 0.37 |
| Owens Corning | 0.10 | 1.26 | 1.38 |
| Hexcel Corporation | 0.22 | 2.47 | 0.87 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Basanite Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Basanite Inc | Q3 2025 | -97.6 % | - |
| Corning Inc | Q2 2026 | +16.6 % | +21.8 % |
| Arcelormittal | Q4 2025 | -1.7 % | +135.0 % |
| United States Steel Corp | Q1 2025 | -10.4 % | - |
| Owens Corning | Q2 2026 | +0.3 % | -37.3 % |
| Hexcel Corporation | Q2 2026 | +8.0 % | +265.2 % |
| PEERS TOTAL | -1.0 % | +86.5 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Basanite Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Basanite Inc | Q3 2025 | +246.5 % | - |
| Corning Inc | Q2 2026 | +16.5 % | +37.0 % |
| Arcelormittal | Q4 2025 | +1.1 % | - |
| United States Steel Corp | Q1 2025 | -4.7 % | -43.9 % |
| Owens Corning | Q2 2026 | +3.9 % | +0.5 % |
| Hexcel Corporation | Q2 2026 | +3.4 % | +28.8 % |
Basanite Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Basanite Inc | - | - | - |
| Corning Inc | 6.63% | 8.04% | 16.66% |
| Arcelormittal | 3.32% | 4.09% | 5.74% |
| United States Steel Corp | 0.48% | 0.55% | 0.85% |
| Owens Corning | - | - | - |
| Hexcel Corporation | 5.62% | 5.65% | 11.41% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Basanite Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Basanite Inc | 4,964.71 | 22,187.71 |
| Corning Inc | 58.63 | 6.62 |
| Arcelormittal | 15.08 | 0.77 |
| United States Steel Corp | 156.69 | 0.81 |
| Owens Corning | - | 0.91 |
| Hexcel Corporation | 46.44 | 3.54 |
| PEERS AVERAGE | 39.31 | 1.82 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.