STRATTEC SECURITY CORP Income Statement
STRT|14 years of annual SEC 10-K data (FY2012-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 14 fiscal years. All figures from audited SEC 10-K filings.
STRATTEC SECURITY CORP reported $538M in revenue and $16M in net income for FY2025. Revenue has grown at a 7.6% compound annual rate over the past 13 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $537.8M | $492.9M | $452.3M | $485.3M | $385.3M | $487.0M | $439.2M | $401.4M | $411.5M | $348.4M | $298.2M | $279.2M | $260.9M | $208.0M |
| Cost of Revenue | $472.3M | $450.8M | $396.2M | $406.6M | $349.9M | $429.2M | $384.8M | $335.7M | $338.8M | $282.6M | $244.3M | $229.0M | $218.8M | $174.9M |
| Gross Profit | $65.5M | $42.2M | $56.0M | $78.7M | $35.4M | $57.8M | $54.4M | $65.7M | $72.7M | $65.8M | $53.9M | $50.3M | $42.2M | $33.0M |
| R&D Expense | $14.8M | $15.9M | $12.2M | $10.8M | $9.8M | $13.8M | $4.8M | $430.0K | $280.0K | $700.0K | $1.3M | $1.2M | $1.5M | $900.0K |
| Operating Income | $17.8M | -$6.1M | $8.9M | $33.9M | -$8.7M | $10.6M | $13.3M | $22.2M | $31.1M | $26.5M | $16.8M | $16.3M | $8.7M | $4.4M |
| Interest Expense | $900.0K | $960.0K | $221.0K | $302.0K | $920.0K | $1.6M | $1.1M | $176.0K | $71.0K | $45.0K | $34.0K | $81.0K | $175.0K | - |
| Income Tax | $3.8M | $1.3M | $415.0K | $5.1M | -$2.3M | -$7.7M | $2.1M | $5.1M | $9.4M | $8.7M | $5.4M | $3.6M | $2.5M | $1.7M |
| Net Income | $16.3M | -$6.7M | $7.0M | $22.5M | -$7.6M | -$17.0M | $12.3M | $9.1M | $20.7M | $16.4M | $9.4M | $8.8M | $5.4M | $3.4M |
| EPS (Basic) | $4.10 | -$1.70 | $1.82 | $5.95 | -$2.04 | -$4.63 | $3.39 | $2.55 | $5.80 | $4.70 | $2.77 | $2.66 | $1.65 | $1.05 |
| EPS (Diluted) | $4.07 | -$1.70 | $1.79 | $5.85 | -$2.04 | -$4.63 | $3.32 | $2.51 | $5.66 | $4.59 | $2.72 | $2.64 | $1.63 | $1.04 |
| Shares Outstanding | 3.9M | 3.9M | 3.9M | 3.8M | 3.7M | 3.7M | 3.6M | 3.6M | 3.6M | 3.5M | 3.5M | 3.4M | 3.3M | 3.3M |
| Gross Margin | 12.2% | 8.6% | 12.4% | 16.2% | 9.2% | 11.9% | 12.4% | 16.4% | 17.7% | 18.9% | 18.1% | 18.0% | 16.2% | 15.9% |
| Operating Margin | 3.3% | -1.2% | 2.0% | 7.0% | -2.3% | 2.2% | 3.0% | 5.5% | 7.6% | 7.6% | 5.6% | 5.9% | 3.3% | 2.1% |
| Profit Margin | 3.0% | -1.4% | 1.6% | 4.6% | -2.0% | -3.5% | 2.8% | 2.3% | 5.0% | 4.7% | 3.1% | 3.1% | 2.1% | 1.6% |