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Haynes International inc   (HAYN)
Other Ticker:  
 
    Sector  Basic Materials    Industry Iron & Steel
   Industry Iron & Steel
   Sector  Basic Materials
 



 

What are Haynes International Inc's Business Segments?



The global specialty alloy market consists of three primary sectors: stainless steel, general purpose nickel alloys and high-performance nickel- and cobalt-based alloys. The Company believes that the high-performance alloy sector represents less than 10% of the total alloy market. The Company competes primarily in the high-performance nickel- and cobalt-based alloy sectors, which includes HTA products and CRA products. These percentages are based on data which include revenue associated with sales by the Company to its foreign subsidiaries, but exclude revenue associated with sales by foreign subsidiaries to their customers. Management believes, however, that the effect of including revenue data associated with sales by its foreign subsidiaries would not materially change the percentages presented in this section.


High-temperature Resistant Alloys. HTA products are used primarily in manufacturing components for the hot sections of gas turbine engines. Stringent safety and performance standards in the aerospace industry result in development lead times typically as long as eight to ten years in the introduction of new aerospace-related market applications for HTA products. However, once a particular new alloy is shown to possess the properties required for a specific application in the aerospace market, it tends to remain in use for extended periods. HTA products are also used in gas turbine engines produced for use in applications such as naval and commercial vessels, electric power generation, power sources for offshore drilling platforms, gas pipeline booster stations and emergency standby power generators.

   

Haynes International Inc Tax Rate Companies within the Iron & Steel Industry


Business Segments Q2
Revenues
(in millions $)
Q2
Income
(in millions $)
(Mar 31 2024)
%
(Profit Margin)
Total 152.01 8.55 5.63 %

Growth rates by Segment Q2
Y/Y Revenue
%
(Mar 31 2024)
Q/Q Revenue
%
Q2
Y/Y Income
%
(Mar 31 2024)
Q/Q Income
%
Total -0.51 % 3.62 % -30.76 % 11.02 %

To get more information on Haynes International Inc's Total segment. Select each division with the arrow.


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