TPI Composites Overview
- Year Founded
-
1968

- Status
-
Public
- Employees
-
12,300

- Stock Symbol
-
TPIC

- 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
Website
www.tpicomposites.comCorporate Office
- 9200 East Pima Center Parkway
- Suite 250
- Scottsdale, AZ 85258
- United States
Corporate Office
- 9200 East Pima Center Parkway
- Suite 250
- Scottsdale, AZ 85258
- United States
TPI Composites Timeline
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 |
TPI Composites Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
TPI Composites Comparisons
Industry
Financing
Details
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 |
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 |
TPI Composites Signals
TPI Composites Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
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 |
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

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.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »