SequelSEC

STRATTEC SECURITY CORP STRT

Motor Vehicle Parts & Accessories · CIK 0000933034 · Fiscal year ends 0628

Revenue
$579.39M
Fiscal year ended 2026-06-28
Operating income
$26.52M
Fiscal year ended 2026-06-28
Free cash flow
$38.98M
Fiscal year ended 2026-06-28

Valuation, from the filing

Public float$252.73MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-12-26
Float per share$63.42Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income12.3×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue0.4×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity1.0×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-12-26, not today, and each multiple below it uses the figures for the fiscal year ending 2026-06-28 — the year that filing covered.

Valuation over time

12.3× earnings today, against a median of 12.3× across 7 years on record. In line with its own history.

Float measuredPublic floatFloat / net income
2025-12-26$252.73M12.3×
2024-12-27$135.81M7.3×
2023-12-29$96.49M5.9×
2021-12-23$139.32M19.9×
2020-12-24$187.67M8.3×
2017-12-29$155.32M12.6×
2016-12-30$142.42M19.8×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Motor Vehicle Parts & Accessories filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
CapEx / revenue1.3%10th
Current ratio2.90x82th
FCF margin6.7%78th
Effective tax rate34.4%71th
Gross margin16.5%38th
SBC / revenue0.6%38th
R&D / revenue3.8%40th
Net margin3.6%58th
Revenue YoY growth2.5%44th
Operating margin4.6%52th

STRATTEC SECURITY CORP (STRT) reported revenue of $579.39M and net income of $20.60M for the fiscal year ended 2026-06-28. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from STRATTEC SECURITY CORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Motor Vehicle Parts & Accessories.

Income

STRATTEC SECURITY CORP income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-282025-06-292024-06-302023-07-022022-07-032021-06-272020-06-282019-06-302018-07-012017-07-02
Revenue$579.39M$565.07M$537.77M$492.95M$452.26M$485.30M$385.30M$487.01M$439.20M$417.32M
Cost of revenue$484.03M$480.49M$472.30M$450.79M$396.25M$406.64M$349.85M$429.21M$384.75M$356.37M
Gross profit$95.36M$84.58M$65.47M$42.15M$56.02M$78.66M$35.45M$57.80M$54.44M$60.96M
Operating income$26.52M$22.78M$17.81M-$6.09M$8.90M$33.92M-$8.66M$10.61M$13.28M$14.84M
Net income$20.60M$18.68M$16.31M-$6.67M$7.02M$22.53M-$7.60M-$17.03M$12.28M$7.20M
Research & development$21.80M$21.70M$14.80M$15.90M$12.20M$10.80M$9.80M$13.80M$4.80M$4.60M
Weighted-average diluted sharesshares 4.12Mshares 4.08Mshares 4.00Mshares 3.92Mshares 3.91Mshares 3.85Mshares 3.74Mshares 3.68Mshares 3.70Mshares 3.67M
Pretax income$32.96M$24.64M$20.20M-$7.67M$9.26M$35.01M-$8.12M-$20.43M$17.70M$16.39M
Income tax expense$11.34M$5.72M$3.78M$1.28M$415.00K$5.11M-$2.27M-$7.74M$2.07M$4.28M
Diluted EPS$5.00$4.58$4.07$-1.70$1.79$5.85$-2.04$-4.63$3.32$1.96
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

STRATTEC SECURITY CORP balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-282025-06-292024-06-302023-07-022022-07-032021-06-272020-06-282019-06-302018-07-012017-07-02
Cash & equivalents$108.24M$84.58M$25.41M$20.57M$8.77M$14.46M$11.77M$7.81M$8.09M$8.36M
Total assets$387.48M$391.45M$364.29M$340.93M$319.13M$310.56M$265.54M$312.74M$307.18M$273.71M
Current assets$296.27M$290.06M$253.81M$225.78M$188.23M$174.90M$125.37M$156.63M$151.10M$129.00M
Total liabilities$121.98M$145.02M$138.67MUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current liabilities$102.23M$119.35M$118.29M$108.99M$81.53M$77.57M$48.14M$79.26M$68.79M$67.90M
Total equity incl. NCI$265.50M$246.43M$225.62M$211.02M$219.95M$212.80M$175.44M$187.82M$183.25M$172.71M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$64.31M$64.70M$81.65M$77.60M$80.48M$70.86M$54.40M$47.26M$46.65M$35.48M
Accounts receivable$99.11M$102.06M$99.30M$89.81M$75.83M$69.90M$41.96M$84.23M$73.83M$64.93M
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$54.97M$65.82M$54.91M$57.93M$43.95M$36.73M$18.55M$41.89M$38.44M$39.68M

Cash flow

STRATTEC SECURITY CORP cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-282025-06-292024-06-302023-07-022022-07-032021-06-272020-06-282019-06-302018-07-012017-07-02
Operating cash flow$46.30M$71.68M$12.26M$10.10M$10.44M$35.15M$25.42M$29.94M$6.94M$23.14M
Capital expenditures$7.33M$7.16M$9.79MUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow-$5.40M-$7.16M-$7.79M$8.90M-$14.33M-$9.02M-$12.35M-$17.60M-$23.92M-$39.54M
Financing cash flow-$16.91M-$4.94M$72.00K-$7.44M-$1.89M-$22.89M-$8.99M-$12.18M$16.39M$9.23M
Net change in cash$23.66M$59.17M$4.84M$11.80M-$5.69M$2.69M$3.96M-$281.00K-$271.00K-$7.12M
Stock-based compensation$3.30M$2.72M$1.47M$1.47M$1.14M$972.00K$996.00K$1.13M$1.13M$1.51M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$1.57M$2.06M$2.03M$2.01M
Common share repurchases$7.40M$0$0UnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$17.16M$14.58M$11.42M

Derived

STRATTEC SECURITY CORP derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-282025-06-292024-06-302023-07-022022-07-032021-06-272020-06-282019-06-302018-07-012017-07-02
Free cash flow$38.98M$64.52M$2.48MUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross margin16.5%15.0%12.2%8.6%12.4%16.2%9.2%11.9%12.4%14.6%
Operating margin4.6%4.0%3.3%-1.2%2.0%7.0%-2.2%2.2%3.0%3.6%
FCF margin6.7%11.4%0.5%UnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenue0.6%0.5%0.3%0.3%0.3%0.2%0.3%0.2%0.3%0.4%
Current ratio2.90x2.43x2.15x2.07x2.31x2.25x2.60x1.98x2.20x1.90x
Revenue YoY growth2.5%5.1%9.1%9.0%-6.8%26.0%-20.9%10.9%5.2%Unavailable
Net margin3.6%3.3%3.0%-1.4%1.6%4.6%-2.0%-3.5%2.8%1.7%
R&D / revenue3.8%3.8%2.8%3.2%2.7%2.2%2.5%2.8%1.1%1.1%
CapEx / revenue1.3%1.3%1.8%UnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate34.4%23.2%18.7%Unavailable4.5%14.6%UnavailableUnavailable11.7%26.1%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open STRT in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-30View SEC filing
10-K · Filed 2026-08-28View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-Q · Filed 2026-02-06View SEC filing
10-Q · Filed 2025-10-31View SEC filing
10-K · Filed 2025-08-25View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.