Strattec Security Corporation (STRT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$1.36	$2.06	+51.5%	—	$151.8M	—
Q3 26	$1.22	$0.9	-26.2%	—	$137.6M	—
Q2 26	$0.93	$1.71	+83.9%	—	$137.5M	—
Q1 26	$1.48	$2.22	+50.0%	—	$152.4M	—
Q4 25	$1.07	$2.06	+92.5%	—	$152M	—
Q3 25	$0.95	$1.5	+57.9%	—	$144.1M	—
Q2 25	$0.28	$0.65	+132.1%	—	$129.9M	—
Q1 25	$0.56	$0.92	+64.3%	—	$139.1M	—
Q4 24	$0.38	$2.39	+528.9%	—	$143.1M	—
Q3 24	$0.1	$0.37	+270.0%	—	$140.8M	—
Q2 24	-$0.46	$0.51	+210.9%	—	$118.5M	—
Q1 24	-$0.21	$1.05	+600.0%	—	$135.4M	—
Q4 23	-$0.2	-$0.69	-245.0%	—	$132.2M	—
Q3 23	-$0.23	-$0.57	-147.8%	—	$127.2M	—
Q2 23	$0.05	-$0.47	-1040.0%	—	$113.2M	—
Q1 23	$0.33	$0.03	-90.9%	—	$120.4M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	—	—	—	$579.4M	—
FY25	—	$4.64	—	—	$565.1M	—
FY24	—	$4.1	—	—	$537.8M	—
FY23	—	-$1.7	—	—	$492.9M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$417.3M	$439.2M	$487M	$385.3M	$485.3M	$452.3M	$492.9M	$537.8M	$565.1M	$579.4M
YoY change	+3.96%	+5.24%	+10.9%	-20.9%	+26%	-6.81%	+8.99%	+9.09%	+5.08%	+2.54%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	417.3M	439.2M	487M	385.3M	485.3M	452.3M	492.9M	537.8M	565.1M	579.4M
Cost of revenue	356.4M	384.8M	429.2M	349.9M	406.6M	396.2M	450.8M	472.3M	480.5M	484M
Gross profit	61M	54.4M	57.8M	35.4M	78.7M	56M	42.2M	65.5M	84.6M	95.4M
Gross margin	14.6%	12.4%	11.9%	9.2%	16.2%	12.4%	8.55%	12.2%	15%	16.5%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	46.1M	41.2M	47.2M	44.1M	44.7M	47.1M	48.2M	47.7M	61.8M	68.8M
Operating expenses	46.1M	41.2M	47.2M	44.1M	44.7M	47.1M	48.2M	47.7M	61.8M	68.8M
Operating income	14.8M	13.3M	10.6M	-8.7M	33.9M	8.9M	-6.1M	17.8M	22.8M	26.5M
Operating margin	3.56%	3.02%	2.18%	-2.25%	6.99%	1.97%	-1.24%	3.31%	4.03%	4.58%
Non-operating income, net	1.8M	5.6M	-29.4M	1.5M	1.4M	583K	-619K	3.3M	820K	3.3M
Pretax income	16.4M	17.7M	-20.4M	-8.1M	35M	9.3M	-7.7M	20.2M	24.6M	33M
Income tax	4.3M	2.1M	-7.7M	-2.3M	5.1M	415K	1.3M	3.8M	5.7M	11.3M
Net income	12.1M	15.6M	-12.7M	-5.9M	29.9M	8.8M	-8.9M	16.4M	18.9M	21.6M
Net margin	2.9%	3.56%	-2.61%	-1.52%	6.16%	1.96%	-1.82%	3.05%	3.35%	3.73%
EBITDA	26.4M	32.7M	29.9M	11M	55.8M	28.2M	12.5M	33.8M	38.9M	45.2M
EPS	2.01	3.39	-4.63	-2.04	5.95	1.82	-1.7	4.1	4.64	—
Diluted EPS	1.96	3.32	-4.63	-2.04	5.85	1.79	-1.7	4.07	4.58	—

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	135.4M	118.5M	140.8M	143.1M	139.1M	129.9M	144.1M	152M	152.4M	137.5M	137.6M	151.8M
Cost of revenue	116.7M	105M	126.1M	124.5M	120.1M	112.8M	121M	126.6M	126.1M	114.8M	115M	128.2M
Gross profit	18.7M	13.5M	14.7M	18.6M	18.9M	17.2M	23.1M	25.4M	26.3M	22.7M	22.7M	23.6M
Gross margin	13.8%	11.4%	10.4%	13%	13.6%	13.2%	16%	16.7%	17.3%	16.5%	16.5%	15.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	12.7M	13.5M	12.8M	8.6M	14.2M	15M	16M	16.9M	16.9M	17.9M	17.6M	17.5M
Operating expenses	12.7M	13.5M	12.8M	8.6M	14.2M	15M	16M	16.9M	16.9M	17.9M	17.6M	17.5M
Operating income	6M	-41K	1.9M	10M	4.7M	2.1M	7.1M	8.5M	9.4M	4.9M	5M	6.2M
Operating margin	4.44%	-0.03%	1.32%	6.98%	3.38%	1.64%	4.92%	5.59%	6.19%	3.54%	3.67%	4.06%
Non-operating income, net	55K	1.2M	-109K	2.2M	841K	-74K	513K	-97K	732K	1.7M	-748K	2.6M
Pretax income	5.8M	1M	1.7M	11.6M	5.2M	1.8M	7.4M	10.2M	10.9M	7.3M	5.1M	9.6M
Income tax	1.4M	264K	546K	1.6M	1.5M	405K	1.6M	2.2M	2.4M	1.7M	1.3M	6M
Net income	4.5M	780K	1.1M	10.1M	3.7M	1.4M	5.7M	8.1M	8.5M	5.6M	3.8M	3.6M
Net margin	3.29%	0.66%	0.8%	7.04%	2.7%	1.08%	3.96%	5.3%	5.6%	4.1%	2.78%	2.38%
EBITDA	10.2M	4.5M	6.1M	13M	8.5M	5.6M	10.6M	14.2M	14.2M	10.4M	9.9M	10.7M
EPS	1.05	0.26	0.38	2.41	0.92	0.33	1.34	2.05	2.1	1.21	0.79	0.96
Diluted EPS	1.05	0.26	0.37	2.39	0.92	0.32	1.32	2.01	2.07	1.2	0.78	0.95

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	127M	110.8M	88.6M	59.6M	168.4M	128M	71.1M	99.4M	250.7M	—	264.9M
Enterprise value	148.7M	153.7M	122.8M	82.8M	165.9M	130.2M	63.6M	87M	174.1M	—	187.8M
Shares outstanding	3.6M	3.6M	3.7M	3.7M	3.8M	3.9M	3.9M	4M	4M	—	—

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	10.5	7.09	—	—	5.63	14.5	—	6.05	13.3	—	13.3
P/S	0.3	0.25	0.18	0.15	0.35	0.28	0.14	0.18	0.44	—	0.46
P/B	0.74	0.6	0.47	0.34	0.79	0.58	0.34	0.44	1.02	—	1.11
EV/EBITDA	5.62	4.7	4.1	7.5	2.97	4.62	5.09	2.57	4.48	—	4.6
EV/Sales	0.36	0.35	0.25	0.21	0.34	0.29	0.13	0.16	0.31	—	0.32
Earnings yield	9.53%	14.1%	—	—	17.8%	6.91%	—	16.5%	7.55%	—	7.53%
FCF yield	-10.9%	-15.5%	14.1%	21.9%	15.6%	-2.93%	-10.2%	2.49%	25.7%	—	10.2%
PEG	—	—	—	—	—	—	—	—	—	—	-0.25

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	14.6%	12.4%	11.9%	9.2%	16.2%	12.4%	8.55%	12.2%	15%	16.5%	15.6%
Operating margin	3.56%	3.02%	2.18%	-2.25%	6.99%	1.97%	-1.24%	3.31%	4.03%	4.58%	1.19%
Net margin	2.9%	3.56%	-2.61%	-1.52%	6.16%	1.96%	-1.82%	3.05%	3.35%	3.73%	3.56%
ROE	7.01%	8.53%	-6.76%	-3.34%	14%	4.02%	-4.24%	7.28%	7.68%	8.14%	8.45%
ROA	4.42%	5.09%	-4.06%	-2.21%	9.63%	2.77%	-2.62%	4.51%	4.83%	5.58%	4.13%
ROIC	5.64%	5.18%	4.78%	-4.36%	13.7%	3.83%	-2.99%	6.79%	10.3%	11.1%	10.6%
Return on tangible assets	4.43%	5.09%	-4.06%	-2.21%	9.63%	2.77%	-2.62%	4.51%	4.83%	5.58%	5.58%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.9	2.2	1.98	2.6	2.25	2.31	2.07	2.15	2.43	2.9	2.9
Quick ratio	1.38	1.52	1.38	1.47	1.34	1.32	1.36	1.46	1.89	2.27	2.27
Debt / equity	0.17	0.28	0.22	0.2	0.06	0.05	0.06	0.06	0.03	—	0.01
Debt / assets	0.11	0.17	0.13	0.13	0.04	0.03	0.04	0.04	0.02	—	—
Net debt / EBITDA	0.82	1.31	1.14	2.1	-0.04	0.08	-0.61	-0.37	-1.97	—	-2.34
Interest coverage	40.3	16.6	-11.7	-7.83	116.9	42.9	-6.99	23.4	25.5	92.8	92.8
Effective tax rate	26.1%	11.7%	0%	0%	14.6%	4.48%	0%	18.7%	23.2%	34.4%	34.4%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	116.3	121.1	132.5	103.1	128.1	117.1	125.7	135.3	140.2	—	142.6
EPS (basic)	2.01	3.39	-4.63	-2.04	5.95	1.82	-1.7	4.1	4.64	—	—
EPS (diluted)	1.96	3.32	-4.63	-2.04	5.85	1.79	-1.7	4.07	4.58	—	5
Book value per share	48.1	50.5	51.1	46.9	56.3	57	53.8	56.8	61.1	—	60
FCF per share	-3.87	-4.74	3.4	3.49	6.92	-0.97	-1.86	0.62	16	—	9.53
Cash per share	2.33	2.23	2.12	3.15	3.82	2.27	5.25	6.39	21	—	27.2
Capex per share	10.3	6.64	4.73	3.3	2.36	3.67	4.42	2.46	—	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	8.87%	5.49%	3.57%	3.21%	1.84%	3.14%	3.52%	1.82%	—	—	—
Capex / operating cash flow	171.6%	337.4%	-302.1%	24.4%	148%	150.5%	-112.2%	292.3%	—	—	—
Payout ratio	16.6%	13%	-16.3%	-26.8%	0%	—	—	—	—	—	0%
Dividend yield	1.58%	1.84%	2.33%	2.64%	0%	—	—	—	—	—	0.84%

Yield

0.84%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.14

ex-dividend Mar 12, 2020

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Mar 12, 2020	$0.14
Dec 12, 2019	$0.14
Sep 12, 2019	$0.14
Jun 13, 2019	$0.14
Mar 14, 2019	$0.14
Dec 17, 2018	$0.14
Sep 13, 2018	$0.14
Jun 14, 2018	$0.14

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Revenue	$135.4M	$118.5M	$140.8M	$143.1M	$139.1M	$129.9M	$144.1M	$152M	$152.4M	$137.5M	$137.6M	$151.8M
YoY change	+12.5%	+4.73%	+10.7%	+8.2%	+2.69%	+9.61%	+2.35%	+6.26%	+9.6%	+5.86%	-4.48%	-0.12%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	8.4M	8.1M	7.8M	11.8M	14.5M	8.8M	20.6M	25.4M	84.6M	108.2M
Receivables	64.9M	73.8M	84.2M	42M	69.9M	75.8M	89.8M	99.3M	102.1M	99.1M
Inventory	35.5M	46.7M	47.3M	54.4M	70.9M	80.5M	77.6M	81.6M	64.7M	64.3M
Total current assets	129M	151.1M	156.6M	125.4M	174.9M	188.2M	225.8M	253.8M	290.1M	296.3M
Property, plant & equipment	75.5M	82.1M	82.4M	72M	60.1M	54.6M	53.2M	46.3M	37.6M	26.9M
Goodwill & intangibles	82K	0	—	—	—	—	—	—	—	—
Total assets	273.7M	307.2M	312.7M	265.5M	310.6M	319.1M	340.9M	364.3M	391.5M	387.5M
Accounts payable	39.7M	38.4M	41.9M	18.5M	36.7M	44M	57.9M	54.9M	65.8M	55M
Short-term debt	—	—	—	—	—	—	—	—	—	—
Total current liabilities	67.9M	68.8M	79.3M	48.1M	77.6M	81.5M	109M	118.3M	119.3M	102.2M
Long-term debt	30M	51M	42M	35M	12M	11M	13M	13M	8M	—
Total liabilities	101M	123.9M	124.9M	90.1M	97.1M	99.2M	129.9M	138.7M	145M	122M
Shareholders' equity	172.7M	183.2M	187.8M	175.4M	213.4M	219.9M	211M	225.6M	246.4M	265.5M
Total debt	30M	51M	42M	35M	12M	11M	13M	13M	8M	—
Net debt	21.6M	42.9M	34.2M	23.2M	-2.5M	2.2M	-7.6M	-12.4M	-76.6M	—

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Cash & short-term investments	15.7M	11.6M	9.6M	25.4M	34.4M	42.6M	62.1M	84.6M	90.5M	99M	107M	108.2M
Receivables	87.5M	70.8M	97.5M	99.3M	102.3M	91.6M	109.2M	102.1M	102.7M	89.2M	102.2M	99.1M
Inventory	81.4M	89.4M	78.6M	81.6M	83.8M	81.5M	75.6M	64.7M	61.6M	71.9M	73.4M	64.3M
Total current assets	227.9M	222.3M	240.9M	253.8M	260.7M	253.9M	287.2M	—	—	—	—	296.3M
Property, plant & equipment	-209.7M	-214.1M	-218.1M	46.3M	44.3M	41.6M	40.2M	37.6M	34.5M	32.7M	29.6M	26.9M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	340.6M	331.8M	348.5M	364.3M	366.9M	355.9M	387.4M	101.4M	99.9M	99M	95.4M	387.5M
Accounts payable	50.3M	41.3M	50.6M	54.9M	59.5M	50.6M	72.6M	65.8M	61.1M	59.6M	64.7M	55M
Short-term debt	13M	13M	13M	—	—	—	—	—	5M	2.5M	1M	—
Total current liabilities	117.4M	106.3M	120.8M	118.3M	119.6M	97.6M	123.3M	119.3M	116.5M	112.5M	115.8M	102.2M
Long-term debt	—	—	—	13M	13M	13M	13M	8M	—	—	—	—
Total liabilities	125.3M	114.1M	128.4M	138.7M	139.8M	127.7M	152.8M	145M	134.3M	129.2M	132.4M	122M
Shareholders' equity	215.3M	217.6M	220.1M	225.6M	227.1M	228.2M	234.6M	246.4M	255.8M	263M	267.2M	265.5M
Total debt	13M	13M	13M	13M	13M	13M	13M	8M	5M	2.5M	1M	—
Net debt	-2.7M	1.4M	3.4M	-12.4M	-21.4M	-29.6M	-49.1M	-76.6M	-85.5M	-96.5M	-106M	—

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	12.1M	15.6M	-12.7M	-5.9M	29.9M	8.8M	-8.9M	16.4M	18.9M	21.6M
Depreciation & amortization	11.4M	14.6M	17.2M	19.3M	19.8M	19.4M	17.5M	16.5M	14.8M	15.1M
Stock-based compensation	1.5M	1.1M	5.3M	5.8M	972K	1.1M	1.5M	1.5M	2.7M	3.3M
Change in working capital	-5M	-25.2M	-5.1M	34.8M	-46.6M	-18.6M	-21.3M	-27M	36.6M	-7M
Operating cash flow	21.6M	7.1M	-5.8M	50.6M	6M	9.4M	-15.5M	3.3M	71.7M	46.3M
Capital expenditure	-37M	-24.1M	-17.4M	-12.3M	-8.9M	-14.2M	-17.3M	-9.8M	—	—
Investing cash flow	-39.5M	-23.9M	-17.6M	-12.3M	-9M	-14.3M	8.9M	-7.8M	0	0
Dividends paid	-2M	-2M	-2.1M	-1.6M	0	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	-7.4M
Financing cash flow	19M	37.1M	-21.4M	-16.6M	-46.5M	-3.8M	-5.6M	0	-5M	-17M
Net change in cash	1M	20.4M	-44.8M	21.7M	-49.5M	-8.7M	-12.2M	-4.4M	66.7M	29.3M
Free cash flow	-13.9M	-17.2M	12.5M	13M	26.2M	-3.8M	-7.3M	2.5M	64.5M	39M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26
Net income	4.5M	780K	1.1M	10.1M	3.7M	1.4M	5.7M	8.1M	8.5M	5.6M	3.8M	3.6M
Depreciation & amortization	4.4M	4.3M	4.1M	3.8M	3.7M	3.5M	3.7M	3.8M	3.8M	3.9M	3.8M	3.6M
Stock-based compensation	505K	479K	240K	243K	188K	891K	760K	886K	669K	1.1M	811K	700K
Change in working capital	-9.1M	4M	-20.4M	-1.6M	547K	12.9M	9M	12M	-2.3M	1.6M	-7.3M	958K
Operating cash flow	143K	9.9M	-15M	12.7M	8.4M	18.7M	19.2M	30.2M	11.3M	13.9M	11.4M	9.7M
Capital expenditure	-2.9M	-1.5M	-1.7M	-3.7M	-2.1M	-917K	-1.2M	—	—	—	—	—
Investing cash flow	-920K	-1.5M	-1.7M	-3.7M	-2.1M	-917K	-1.2M	0	—	—	—	—
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	0	0	0	0	0	0	0	-5M	-3.9M	-3M	-1.6M	-1.1M
Net change in cash	-777K	8.4M	-16.6M	9M	6.3M	17.8M	18M	25.2M	7.4M	10.9M	9.9M	8.5M
Free cash flow	-6.8M	-4.5M	-2M	15.8M	9.3M	8.5M	19.6M	27.2M	9.8M	11.3M	9.7M	8.2M

Strattec Security Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement