KTCC · Key Tronic Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $467.87M | $566.94M | $588.13M | $531.82M | $518.70M | $449.48M |
| Cost of Revenue | $431.44M | $527.06M | $540.66M | $488.60M | $476.66M | $414.23M |
| Gross Profit | $36.43M | $39.88M | $47.47M | $43.21M | $42.04M | $35.25M |
| R&D | $9.16M | $8.33M | $9.73M | $9.82M | $9.79M | $7.39M |
| SG&A | $26.70M | $25.22M | $25.71M | $24.60M | $22.72M | $21.03M |
| Total Operating Expenses | $35.87M | $33.12M | $31.15M | $34.42M | $32.51M | $28.42M |
| D&A | $9.60M | $11.04M | $9.54M | $7.56M | $6.86M | $5.59M |
| Operating Income | $562.0K | $6.76M | $16.32M | $8.79M | $9.53M | $6.83M |
| Interest Expense | $12.52M | $5.10M | $10.02M | $5.10M | $3.61M | $2.51M |
| Income Tax | ($3.64M) | ($2.40M) | $1.14M | $314.0K | $1.57M | ($439.0K) |
| Net Income | ($8.32M) | ($2.79M) | $5.16M | $3.38M | $4.34M | $4.76M |
| EPS - Basic | ($0.77) | ($0.26) | $0.48 | $0.31 | $0.40 | $0.44 |
| EPS - Diluted | ($0.77) | ($0.26) | $0.47 | $0.31 | $0.39 | $0.44 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.38M | $4.75M | $3.60M | $1.71M | $3.47M | $553.0K |
| Accounts Receivable | $96.14M | $132.56M | $150.60M | $135.88M | $110.32M | $86.12M |
| Inventory | $97.32M | $105.10M | $137.91M | $155.70M | $137.30M | $115.02M |
| Accounts Payable | $63.73M | $79.39M | $115.90M | $121.39M | $92.82M | $80.20M |
| Current Assets | $234.17M | $288.40M | $349.55M | $340.01M | $299.25M | $242.76M |
| Total Assets | $315.87M | $355.34M | $418.27M | $406.92M | $361.85M | $304.86M |
| Current Liabilities | $91.99M | $104.18M | $151.97M | $163.67M | $126.70M | $112.22M |
| Long-term Debt | $98.94M | $100.29M | $124.67M | $102.48M | $100.41M | $70.94M |
| Total Liabilities | $198.74M | $231.35M | $287.65M | $282.05M | $238.14M | $189.30M |
| Stockholders' Equity | $117.13M | $123.99M | $130.62M | $124.88M | $123.70M | $115.56M |
| Retained Earnings | $68.60M | $76.92M | $82.99M | $77.83M | $74.45M | $70.11M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $18.93M | $13.78M | ($11.31M) | ($4.91M) | ($15.05M) | ($31.00M) |
| Investing Cash Flow | ($4.20M) | ($2.11M) | ($4.53M) | ($8.05M) | ($10.60M) | ($3.58M) |
| Financing Cash Flow | ($18.10M) | ($10.52M) | $17.74M | $11.19M | $28.57M | $34.53M |
| CapEx | $4.09M | $3.96M | $9.77M | $6.81M | $10.60M | $8.62M |
| Free Cash Flow | $14.83M | $9.82M | ($21.08M) | ($11.72M) | ($25.65M) | ($39.63M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 7.8% | 7.0% | 8.1% | 8.1% | 8.1% | 7.8% |
| Operating margin | 0.1% | 1.2% | 2.8% | 1.7% | 1.8% | 1.5% |
| EBITDA margin | 2.2% | 3.1% | 4.4% | 3.1% | 3.2% | 2.8% |
| Net margin | -1.8% | -0.5% | 0.9% | 0.6% | 0.8% | 1.1% |
| Free cash flow margin | 3.2% | 1.7% | -3.6% | -2.2% | -4.9% | -8.8% |
| FCF / Net income | -1.78 | -3.52 | -4.09 | -3.47 | -5.91 | -8.33 |
| R&D / Revenue | 2.0% | 1.5% | 1.7% | 1.8% | 1.9% | 1.6% |
| SG&A / Revenue | 5.7% | 4.4% | 4.4% | 4.6% | 4.4% | 4.7% |
| Effective tax rate | - | - | 18.1% | 8.5% | 26.6% | -10.2% |
| Return on assets | -2.6% | -0.8% | 1.2% | 0.8% | 1.2% | 1.6% |
| Return on equity | -7.1% | -2.2% | 3.9% | 2.7% | 3.5% | 4.1% |
| Return on invested capital | 0.2% | 2.4% | 5.2% | 3.5% | 3.1% | 3.7% |
| Liquidity | ||||||
| Current ratio | 2.55 | 2.77 | 2.30 | 2.08 | 2.36 | 2.16 |
| Quick ratio | 1.49 | 1.76 | 1.39 | 1.13 | 1.28 | 1.14 |
| Cash ratio | 0.02 | 0.05 | 0.02 | 0.01 | 0.03 | 0.00 |
| Leverage | ||||||
| Debt / Equity | 0.84 | 0.81 | 0.95 | 0.82 | 0.81 | 0.61 |
| Debt / Assets | 0.31 | 0.28 | 0.30 | 0.25 | 0.28 | 0.23 |
| Debt / EBITDA | 9.74 | 5.64 | 4.82 | 6.27 | 6.13 | 5.71 |
| Interest coverage | 0.0x | 1.3x | 1.6x | 1.7x | 2.6x | 2.7x |
| Equity multiplier | 2.70 | 2.87 | 3.20 | 3.26 | 2.93 | 2.64 |
| Liabilities / Assets | 0.63 | 0.65 | 0.69 | 0.69 | 0.66 | 0.62 |
| Efficiency | ||||||
| Asset turnover | 1.48 | 1.60 | 1.41 | 1.31 | 1.43 | 1.47 |
| Inventory turnover | 4.43 | 5.01 | 3.92 | 3.14 | 3.47 | 3.60 |
| Days sales outstanding | 75d | 85d | 93d | 93d | 78d | 70d |
| Days inventory outstanding | 82d | 73d | 93d | 116d | 105d | 101d |
| Days payable outstanding | 54d | 55d | 78d | 91d | 71d | 71d |
| Cash conversion cycle | 103d | 103d | 108d | 119d | 112d | 101d |
| Valuation | ||||||
| P / E | - | - | 12.1x | 13.8x | 16.8x | 12.0x |
| P / B | 0.3x | 0.4x | 0.5x | 0.4x | 0.6x | 0.5x |
| P / S | 0.1x | 0.1x | 0.1x | 0.1x | 0.1x | 0.1x |
| EV / EBITDA | 12.6x | 7.8x | 7.1x | 9.0x | 10.3x | 10.2x |
| Growth | ||||||
| Revenue growth (YoY) | -17.5% | -3.6% | 10.6% | 2.5% | 15.4% | -3.9% |
| Revenue CAGR (3y) | -4.2% | 3.0% | 9.4% | 4.4% | 5.1% | -1.3% |
| Revenue CAGR (5y) | 0.8% | 3.9% | 5.7% | 2.6% | 1.4% | 0.7% |
| Gross profit growth (YoY) | -8.7% | -16.0% | 9.9% | 2.8% | 19.3% | 1.9% |
| Operating income growth (YoY) | -91.7% | -58.6% | 85.6% | -7.7% | 39.5% | - |
| Net income growth (YoY) | -198.5% | - | 52.7% | -22.2% | -8.8% | - |
| EPS growth (YoY) | -196.2% | - | 51.6% | -20.5% | -11.4% | - |
| EPS CAGR (3y) | - | - | 2.2% | - | - | -4.8% |
| EPS CAGR (5y) | - | - | - | -9.5% | -7.6% | 3.0% |
| FCF growth (YoY) | 51.1% | - | -79.9% | 54.3% | 35.3% | -430.7% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -5.5% | -5.1% | 4.6% | 0.9% | 7.1% | 1.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-28.
Geographic
$935.77M totalKey Tronic EMS$467.90M · 50.0%
US$368.56M · 39.4%
Non Us$99.31M · 10.6%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.24
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Printed Circuit Boards
Comparing KEY TRONIC CORP against the 5 most active filers in the same SIC group.