TPI Composites Overview

  • Year Founded
  • 1968

Year Founded

  • Status
  • Public

  • Employees
  • 12,300

Employees

  • Stock Symbol
  • TPIC

Stock Symbol

  • Investments
  • 2

  • Share Price
  • $1.38
  • (As of Friday Closing)

TPI Composites General Information

Description

TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.

Contact Information

Formerly Known As
Tillotson Pearson
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • 9200 East Pima Center Parkway
  • Suite 250
  • Scottsdale, AZ 85258
  • United States
+1 (480)
Primary Industry
Other Equipment
Stock Exchange
NAS
Vertical(s)
Manufacturing, Industrials
Corporate Office
  • 9200 East Pima Center Parkway
  • Suite 250
  • Scottsdale, AZ 85258
  • United States
+1 (480)

TPI Composites Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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TPI Composites Stock Performance

As of 07-Feb-2025, TPI Composites’s stock price is $1.38. Its current market cap is $65.6M with 47.6M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.38 $1.51 $1.10 - $5.75 $65.6M 47.6M 1.87M -$3.60

TPI Composites Financials Summary

As of 30-Sep-2024, TPI Composites has a trailing 12-month revenue of $1.3B.

In Thousands,
USD
TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 806,190 719,494 807,471 870,383
Revenue 1,301,740 1,455,183 1,522,741 1,472,386
EBITDA (142,824) (127,910) 24,572 (59,831)
Net Income (250,225) (201,779) (65,305) (159,548)
Total Assets 752,645 804,080 962,176 1,007,701
Total Debt 740,030 624,343 216,756 233,534
Public Fundamental Data provided by Morningstar, Inc. disclaimer

TPI Composites Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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TPI Composites Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transporta
Other Equipment
Scottsdale, AZ
12,300 As of 2023

Kolding, Denmark
 

Shanghai, China
 
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TPI Composites Competitors (3)

One of TPI Composites’s 3 competitors is LM Wind Power, a Formerly PE-Backed company based in Kolding, Denmark.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
LM Wind Power Formerly PE-Backed Kolding, Denmark
Aeolon Private Equity-Backed Shanghai, China
Aeris Energy (Brazil) Corporation Caucaia, Brazil
You’re viewing 3 of 3 competitors. Get the full list »

TPI Composites Patents

TPI Composites Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240052535-A1 Hybridized recycled fiberglass and thermoplastic comingled technical yarn Pending 12-Aug-2022
US-20220241812-A1 Semi-automated laser-guided mechanism to apply paste bead in bonding process for fabrication of wind turbine blades Active 04-Feb-2021
US-20220242011-A1 Modular molding units for fabrication of wind turbine blades Active 04-Feb-2021
US-12070878-B2 Modular molding units for fabrication of wind turbine blades Active 04-Feb-2021
EP-4288273-A1 A semi-automated laser-guided mechanism to apply paste bead in bonding process for fabrication of wind turbine blades Pending 04-Feb-2021 B05C17/002
To view TPI Composites’s complete patent history, request access »

TPI Composites Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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TPI Composites Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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TPI Composites Investments & Acquisitions (2)

TPI Composites’s most recent deal was a Merger/Acquisition with Euros Group. The deal was made on 12-Jul-2019.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Euros Group 12-Jul-2019 Merger/Acquisition Industrial Supplies and Parts
TPI Kompozit Kanat 20-Mar-2012 Joint Venture Industrial Supplies and Parts
To view TPI Composites’s complete investments and acquisitions history, request access »

TPI Composites ESG

Risk Overview

Risk Rating

Updated December, 20, 2024

18.2 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,120

Rank

Percentile

Machinery

Industry

of 579

Rank

Percentile

Industrial Machinery

Subindustry

of 426

Rank

Percentile

To view TPI Composites’s complete esg history, request access »

Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Tpi Iowa Newton, IA 2007

TPI Composites FAQs

  • When was TPI Composites founded?

    TPI Composites was founded in 1968.

  • Where is TPI Composites headquartered?

    TPI Composites is headquartered in Scottsdale, AZ.

  • What is the size of TPI Composites?

    TPI Composites has 12,300 total employees.

  • What industry is TPI Composites in?

    TPI Composites’s primary industry is Other Equipment.

  • Is TPI Composites a private or public company?

    TPI Composites is a Public company.

  • What is TPI Composites’s stock symbol?

    The ticker symbol for TPI Composites is TPIC.

  • What is the current stock price of TPI Composites?

    As of 07-Feb-2025 the stock price of TPI Composites is $1.38.

  • What is the current market cap of TPI Composites?

    The current market capitalization of TPI Composites is $65.6M.

  • What is TPI Composites’s current revenue?

    The trailing twelve month revenue for TPI Composites is $1.3B.

  • Who are TPI Composites’s competitors?

    LM Wind Power, Aeolon, and Aeris Energy (Brazil) are competitors of TPI Composites.

  • What is TPI Composites’s annual earnings per share (EPS)?

    TPI Composites’s EPS for 12 months was -$3.60.

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