STRT · Strattec Security 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 | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $137.63M | $137.53M | $152.40M | $129.92M | $144.08M | $139.05M | $118.53M | $140.77M | $135.41M | $127.18M |
| Cost of Revenue | $114.97M | $114.81M | $126.06M | $112.77M | $120.98M | $120.13M | $105.03M | $126.09M | $116.69M | $117.18M |
| Gross Profit | $22.66M | $22.72M | $26.34M | $17.15M | $23.11M | $18.92M | $13.50M | $14.68M | $18.72M | $10.00M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $17.61M | $17.86M | $15.89M | $15.02M | $16.02M | $13.86M | $13.44M | $12.72M | $12.61M | $12.48M |
| D&A | - | - | $3.79M | - | - | $3.66M | - | - | $4.38M | - |
| Operating Income | $5.05M | $4.86M | $10.45M | $2.13M | $7.08M | $5.06M | $58.0K | $1.96M | $6.11M | ($2.48M) |
| Interest Expense | $70.0K | $96.0K | $156.0K | $257.0K | $243.0K | $295.0K | $219.0K | $222.0K | $220.0K | $266.0K |
| Income Tax | $1.28M | $1.70M | $2.36M | $405.0K | $1.64M | $1.50M | $264.0K | $546.0K | $1.39M | $133.0K |
| Net Income | $3.24M | $4.95M | $8.53M | $1.32M | $5.40M | $3.70M | $1.02M | $1.51M | $4.17M | ($2.26M) |
| EPS - Basic | $0.79 | $1.21 | $2.10 | $0.33 | $1.34 | $0.92 | $0.26 | $0.38 | $1.05 | ($0.57) |
| EPS - Diluted | $0.78 | $1.20 | $2.07 | $0.32 | $1.32 | $0.92 | $0.26 | $0.37 | $1.05 | ($0.57) |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $106.96M | $99.03M | $90.47M | $84.58M | $62.11M | $34.40M | $25.41M | $9.59M | $15.66M | $20.57M |
| Accounts Receivable | $102.16M | $89.22M | $102.67M | $102.06M | $109.16M | $102.27M | $99.30M | $97.52M | $87.47M | $89.81M |
| Inventory | $73.40M | $71.93M | $61.59M | $64.70M | $75.59M | $83.79M | $81.65M | $78.61M | $81.37M | $77.60M |
| Accounts Payable | $64.74M | $59.57M | $61.08M | $65.82M | $72.58M | $59.46M | $54.91M | $50.58M | $50.30M | $57.93M |
| Current Assets | $304.16M | $293.27M | $290.13M | $290.06M | $287.21M | $260.75M | $253.81M | $240.93M | $227.85M | $225.78M |
| Total Assets | $399.55M | $392.25M | $390.06M | $391.45M | $387.39M | $366.87M | $364.29M | $348.55M | $340.62M | $340.93M |
| Current Liabilities | $115.85M | $112.45M | $116.51M | $119.35M | $123.30M | $119.57M | $118.29M | $120.77M | $117.39M | $108.99M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $132.39M | $129.23M | $134.28M | $145.02M | - | - | $138.67M | - | - | - |
| Stockholders' Equity | $240.51M | $236.80M | $230.55M | $221.59M | $210.70M | $203.03M | $200.54M | $193.83M | $189.22M | $184.96M |
| Retained Earnings | $286.01M | $282.77M | $277.83M | $269.30M | $261.03M | $254.31M | $250.61M | $240.99M | $238.46M | $234.30M |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $11.33M | - | - | $11.34M | - | - | ($3.87M) | - |
| Investing Cash Flow | - | - | ($1.53M) | - | - | ($2.07M) | - | - | ($920.0K) | - |
| Financing Cash Flow | - | - | ($3.90M) | - | - | $13.0K | - | - | $17.0K | - |
| CapEx | - | - | $1.53M | - | - | $2.07M | - | - | $2.92M | - |
| Free Cash Flow | - | - | $9.80M | - | - | $9.26M | - | - | ($6.79M) | - |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 16.5% | 16.5% | 17.3% | 13.2% | 16.0% | 13.6% | 11.4% | 10.4% | 13.8% | 7.9% |
| Operating margin | 3.7% | 3.5% | 6.9% | 1.6% | 4.9% | 3.6% | 0.0% | 1.4% | 4.5% | -2.0% |
| EBITDA margin | - | - | 9.3% | - | - | 6.3% | - | - | 7.7% | - |
| Net margin | 2.4% | 3.6% | 5.6% | 1.0% | 3.7% | 2.7% | 0.9% | 1.1% | 3.1% | -1.8% |
| Free cash flow margin | - | - | 6.4% | - | - | 6.7% | - | - | -5.0% | - |
| FCF / Net income | - | - | 1.15 | - | - | 2.50 | - | - | -1.63 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 28.4% | 25.6% | 21.6% | 23.5% | 23.4% | 28.8% | 20.5% | 26.6% | 25.0% | - |
| Return on assets | 0.8% | 1.3% | 2.2% | 0.3% | 1.4% | 1.0% | 0.3% | 0.4% | 1.2% | -0.7% |
| Return on equity | 1.3% | 2.1% | 3.7% | 0.6% | 2.6% | 1.8% | 0.5% | 0.8% | 2.2% | -1.2% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.63 | 2.61 | 2.49 | 2.43 | 2.33 | 2.18 | 2.15 | 1.99 | 1.94 | 2.07 |
| Quick ratio | 1.99 | 1.97 | 1.96 | 1.89 | 1.72 | 1.48 | 1.46 | 1.34 | 1.25 | 1.36 |
| Cash ratio | 0.92 | 0.88 | 0.78 | 0.71 | 0.50 | 0.29 | 0.21 | 0.08 | 0.13 | 0.19 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 72.1x | 50.6x | 67.0x | 8.3x | 29.2x | 17.2x | 0.3x | 8.8x | 27.8x | -9.3x |
| Equity multiplier | 1.66 | 1.66 | 1.69 | 1.77 | 1.84 | 1.81 | 1.82 | 1.80 | 1.80 | 1.84 |
| Liabilities / Assets | 0.33 | 0.33 | 0.34 | 0.37 | - | - | 0.38 | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.34 | 0.35 | 0.39 | 0.33 | 0.37 | 0.38 | 0.33 | 0.40 | 0.40 | 0.37 |
| Inventory turnover | 1.57 | 1.60 | 2.05 | 1.74 | 1.60 | 1.43 | 1.29 | 1.60 | 1.43 | 1.51 |
| Days sales outstanding | 271d | 237d | 246d | 287d | 277d | 268d | 306d | 253d | 236d | 258d |
| Days inventory outstanding | 233d | 229d | 178d | 209d | 228d | 255d | 284d | 228d | 255d | 242d |
| Days payable outstanding | 206d | 189d | 177d | 213d | 219d | 181d | 191d | 146d | 157d | 180d |
| Cash conversion cycle | 298d | 276d | 247d | 283d | 286d | 342d | 399d | 334d | 333d | 319d |
| Valuation | ||||||||||
| P / E | 99.3x | 66.2x | 32.3x | 190.7x | 30.1x | 42.2x | 96.2x | 64.1x | 21.8x | - |
| P / B | 1.3x | 1.4x | 1.2x | 1.1x | 0.8x | 0.8x | 0.5x | 0.5x | 0.5x | 0.4x |
| P / S | 2.3x | 2.4x | 1.8x | 1.9x | 1.1x | 1.1x | 0.8x | 0.7x | 0.7x | 0.6x |
| EV / EBITDA | - | - | 13.0x | - | - | 14.0x | - | - | 7.2x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -4.5% | 5.9% | 9.6% | 9.6% | 2.4% | - | 4.7% | 10.7% | 34.9% | 9.7% |
| Revenue CAGR (3y) | 2.7% | 6.7% | 4.0% | 4.8% | 7.5% | 11.5% | -2.4% | 5.0% | 4.1% | 2.8% |
| Revenue CAGR (5y) | 2.5% | 1.5% | 3.8% | 4.1% | 4.3% | 3.0% | 1.0% | 3.8% | - | - |
| Gross profit growth (YoY) | -1.9% | 32.5% | 39.2% | 27.1% | 57.3% | - | 82.7% | 46.8% | 49.2% | -31.7% |
| Operating income growth (YoY) | -28.8% | 127.8% | 106.3% | 3579.3% | 261.7% | - | - | - | 1326.6% | - |
| Net income growth (YoY) | -40.0% | 275.1% | 130.3% | 29.1% | 258.3% | - | - | - | 4023.8% | - |
| EPS growth (YoY) | -40.9% | 275.0% | 125.0% | 23.1% | 256.8% | - | - | - | 3400.0% | - |
| EPS CAGR (3y) | - | - | 25.4% | -28.4% | 18.2% | 213.0% | -48.0% | -31.5% | 47.1% | - |
| EPS CAGR (5y) | -7.5% | -8.3% | -0.4% | - | 10.8% | 22.8% | - | -4.3% | 9.4% | - |
| FCF growth (YoY) | - | - | 5.8% | - | - | - | - | - | 45.4% | - |
| FCF CAGR (5y) | - | - | 11.1% | - | - | -2.9% | - | - | - | - |
| Book value growth (YoY) | 14.1% | 6.9% | 13.6% | 10.5% | 8.7% | - | 7.2% | 4.8% | 3.8% | -2.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-29.
Business segments
$565.07M totalReportable Segment$565.07M · 100.0%
Product / service
$565.07M totalDoor Handles And Exterior Trim$140.55M · 24.9%
Power Access Solutions$138.40M · 24.5%
Keys And Locksets$99.79M · 17.7%
Latches$75.36M · 13.3%
User Interface Controls$53.41M · 9.5%
Aftermarket And Service$46.70M · 8.3%
Other Product$10.86M · 1.9%
Geographic
$748.73M totalUS$381.40M · 50.9%
Non Us$183.66M · 24.5%
CA$59.72M · 8.0%
KR$56.85M · 7.6%
MX$52.84M · 7.1%
Other Country$14.24M · 1.9%
Peer comparison
Same SIC group: Motor Vehicle Parts & Accessories
Comparing STRATTEC SECURITY CORP against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Mar 12, 2020 | $0.1400 |
| Dec 12, 2019 | $0.1400 |
| Sep 12, 2019 | $0.1400 |
| Jun 13, 2019 | $0.1400 |
| Mar 14, 2019 | $0.1400 |
| Dec 17, 2018 | $0.1400 |
| Sep 13, 2018 | $0.1400 |
| Jun 14, 2018 | $0.1400 |
| Mar 15, 2018 | $0.1400 |
| Dec 14, 2017 | $0.1400 |
| Sep 14, 2017 | $0.1400 |
| Jun 14, 2017 | $0.1400 |
| Mar 15, 2017 | $0.1400 |
| Dec 14, 2016 | $0.1400 |
| Sep 14, 2016 | $0.1400 |
| Jun 8, 2016 | $0.1300 |
| Mar 9, 2016 | $0.1300 |
| Dec 7, 2015 | $0.1300 |
| Sep 9, 2015 | $0.1300 |
| Jun 10, 2015 | $0.1200 |
| Mar 11, 2015 | $0.1200 |
| Dec 10, 2014 | $0.1200 |
| Sep 10, 2014 | $0.1200 |
| Jun 11, 2014 | $0.1100 |