Strattec Security Corporation

STRT

$74.42

+1.85%

2026-09-03 16:00:00 EDT+$1.35

Consumer Cyclical

Auto - Parts

NASDAQ

Active Trading

Established in 1908 and headquartered in Milwaukee, Wisconsin, Strattec Security Corporation specializes in the design, development, manufacturing, and marketing of automotive access ...

Price Action of STRT

$74.42

+1.85%+$1.35

High—

Low—

52W High-20.0%

Rel. vol—

Interval

Range5.7h

Volume—SMA5SMA10

—

Strattec Security Corporation (NASDAQ: STRT) is a leading global provider of automotive access control and security systems. Established in 1908 as a division of Briggs & Stratton, the company became independent in 1995. Headquartered in Milwaukee, Wisconsin, Strattec specializes in the design, development, manufacturing, and marketing of mechanical locks, electronically ...Strattec Security Corporation (NASDAQ: STRT) is a leading global provider of automotive access control and security systems. Established in 1908 as a division of Briggs & Stratton, the company became independent in 1995. Headquartered in Milwaukee, Wisconsin, Strattec specializes in the design, development, manufacturing, and marketing of mechanical locks, electronically enhanced locks, keys, ignition lock housings, latch systems, power sliding side doors, power tailgates and liftgates, deck lid systems, and door handles. The company operates primarily in North America but exports to Europe, South America, Korea, China, and India. Its customer base includes original equipment manufacturers (OEMs) of cars and light trucks, other transportation manufacturers, wholesale distributors, and non-automotive commercial clients. Strattec's products are often branded under the VAST Automotive Group. The company also provides full service and aftermarket support. As of the latest data, Strattec employs approximately 2,848 full-time employees. The company's market capitalization is around $361 million, with a price-to-earnings ratio of about 14.0. It maintains strong financial metrics, including a current ratio of 2.63 and a debt-to-equity ratio of only 0.004, indicating a conservative capital structure. The company has a solid gross profit margin of 16.8% and a net profit margin of 4.3%. Sales per share are approximately $142.30, and book value per share is $65.59. In July 2024, Jennifer L. Slater became President and CEO, bringing over 25 years of automotive industry experience. Under her leadership, Strattec is accelerating its strategic transformation with a new brand identity, focusing on becoming the most trusted global leader in safe and secure access solutions. The company is committed to innovation, quality, and customer satisfaction, leveraging its long tradition of lock-craft and precision engineering. With a global footprint and a focus on advanced technologies like passive entry and start systems, Strattec continues to play a vital role in the automotive parts industry.ExpandCollapse

Founded

1995

Employees

2654

CEO

Jennifer L. Slater

Full Name

Strattec Security Corporation

Sector

Consumer Cyclical

Industry

Auto - Parts

ROE

8.70%

Market Cap

$0.31B

Current Ratio

2.90

WACC

10.21%

ROIC

6.59%

Contact Information

https://www.strattec.com

414 247 3333

3333 West Good Hope Road, Milwaukee, WI 53209

Key Metrics of STRT

Snapshot

Latest / TTM · 6 periods

Market Cap

$310.99M

ROCE

9.3%

EV / EBITDA

4.87x

+0.0% YoY

FCF Yield

12.5%

+0.8% YoY

Cash Conversion Cycle

69.5d

Current Ratio

2.90

Quick take

TTM —

Positive CCC

Financial Highlights of STRT

Profitability trend

Latest / TTM · 6 periods

Gross Margin

16.5%

Net Margin

3.6%

P/E Ratio

14.41x

n/a

Debt / Equity

0.00

n/a

Current Ratio

2.90

Dividend Yield

0.0%

Understanding

TTM —

No major balance sheet stress in these headline ratios.

Calendar of STRT

Upcoming

Sep 28, 2026In 24 days
Q1 FY2027 · Estimated results
Est. EPS $1.47 · Revenue $146.60M · 1 analysts
Dec 28, 2026
Q2 FY2027 · Estimated results
Est. EPS $1.12 · Revenue $130.12M · 1 analysts
Mar 28, 2027
Q3 FY2027 · Estimated results
Est. EPS $1.16 · Revenue $136.11M · 1 analysts
Jun 28, 2027
FY2027 · Estimated annual results
Est. EPS $4.88 · Revenue $557.48M · 1 analysts

Recent history

Aug 28, 2026
FY2026 · Annual results
EPS $5.00 · Revenue $579.39M
View filing
May 8, 2026
Q3 FY2026 · Results reported
EPS $0.78 · Revenue $137.63M
View filing
Feb 6, 2026
Q2 FY2026 · Results reported
EPS $1.20 · Revenue $137.53M
View filing
Oct 31, 2025
Q1 FY2026 · Results reported
EPS $2.07 · Revenue $152.40M
View filing
Aug 25, 2025
FY2025 · Annual results
EPS $4.58 · Revenue $565.07M
View filing
May 9, 2025
Q3 FY2025 · Results reported
EPS $1.32 · Revenue $144.08M
View filing

Financial Statements of STRT

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$579.4M	+2.5%	+10.3%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$20.6M	+10.2%	+19.8%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+16.5%	+10.0%	-5.4%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+4.6%	+13.5%	+28.9%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+3.6%	+7.5%	+8.6%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$39.0M	-39.6%	-15.0%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+6.7%	-41.1%	-22.9%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	0.0%	-100.0%	-100.0%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	2.90x	+19.2%	+10.4%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$387.5M	-1.0%	-3.0%

Actual vs Estimate

A Jun 28Q Jun 28

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	5.00 vs 6.19	-19.2%	0.95 vs 1.36	-30.1%
Revenue Surprise	$579.4M vs $574.5M	+0.8%	$151.8M vs $146.8M	+3.4%

Insider Transactions of STRT

Acquisitions (A)

Since Nov 17, 2025

Disposals (D)

Since Nov 17, 2025

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Aug 22, 2026	Pauli Matthew	officer: SVP & CFO	Common Stock, par value $0.01 per share	D	551	—
Aug 22, 2026	Becker-Varto Chey	officer: SVP & Chief Commercial Officer	Common Stock, par value $0.01 per share	D	248	—
Aug 22, 2026	Slater Jennifer Lynn	director, officer: President & CEO	Common Stock, par value $0.01 per share	D	1,594	—
Jul 1, 2026	Denis James	—	—	—	0	—
Jul 1, 2026	Slater Jennifer Lynn	director, officer: President & CEO	Common Stock, par value $0.01 per share	D	5,931	—

Earnings Call Transcript of STRT

1 transcript segments

Q4 2026

Unknown Speaker

Operator: Greetings. Welcome to Strattec's Fourth Quarter and Fiscal Year 2026 Financial Results Conference Call. [Operator Instructions] Please note, this conference is being recorded. At this time, I'll turn the conference over to Deborah Pawlowski, Investor Relations for Strattec. Thank you. You may begin. Deborah Pawlowski: Thank you, and good morning, everyone. We appreciate you joining us for Strattec's Fourth Quarter and Fiscal 2026 Financial Results Conference Call. Joining me on the call today are Jennifer Slater, our President and Chief Executive Officer; and Matthew Pauli, our Senior Vice President and Chief Financial Officer. Jen and Matt will review our fourth quarter and full year financial results, the progress we are making on our transformation and our outlook for fiscal 2027. You can find a copy of the news release and the slides that accompany our conversation today on the Investor Relations section of the company's website. If you are reviewing those slides, please turn to Slide 2 for the safe harbor statement. As you are aware, we may make forward-looking statements during the formal discussion and during Q&A. These statements apply to future events that are subject to risks and uncertainties as well as other factors that could cause actual results to differ materially from what is stated on today's call. These risks and uncertainties and other factors are discussed in the earnings release and in other documents filed by the company with the Securities and Exchange Commission. You can find these documents on our website as well. I also want to point out that during today's call, we will discuss certain non-GAAP financial measures, which we believe are useful in evaluating our performance. You should not consider this additional information in isolation or as a substitute for the results prepared in accordance with GAAP. We provided reconciliations of non-GAAP measures with the most directly comparable GAAP measures in the tables accompanying the earnings release and in the supplemental slides. So with that, I'll turn the call over to Jen, who will begin with Slide 3. Jennifer Slater: Thank you, Deb, and good morning, everyone. Fiscal '26 was a year of progress as we continue to reshape Strattec into a more resilient, higher-performing business. We delivered record annual revenue of $579.4 million, expanded full year gross margin by 150 basis points to 16.5%, generated $46.3 million in operating cash flow and ended the year with $108.2 million of cash and no debt. In the fourth quarter, sales of $151.8 million were better than expected and essentially flat with the prior year period. These results were achieved in a dynamic automotive environment. Throughout the year, we managed fluctuating North American production levels, the evolving tariff environment, foreign exchange headwinds and customer cancellations of certain EV programs. We believe that our fiscal '26 results are an affirmation that the transformation is …

Leadership Team of STRT

8 executives

Name	Title	Compensation	Gender	Year Born	Status
Jennifer L. Slater	Chief Executive Officer, President & Director	USD 2,547,818	Female	1975	Active
Mathew Pauli	Senior Vice President, Chief Financial Officer, Secretary & Treasurer	USD 869,911	Male	1978	Active
Deborah Kay Pawlowski	Investor Relations	—	Female	1961	Active
Cheylene Becker-Varto	Senior Vice President & Chief Commercial Officer	—	Female	1970	Active
Chad Ormsbee	VP & Head of Innovation	—	Male	—	Active
Aaron E. Byrne	Vice President of Operations	—	Male	—	Active
James Denis	VP, General Counsel & Secretary	—	Male	1975	Active
Leonard Roelant	VP & Head of Business Transformation	—	Male	—	Active

Recent News of STRT

Business Wire8/13/2026Neutral

Strattec to Present at the Midwest IDEAS Investor Conference

MILWAUKEE--(BUSINESS WIRE)--Strattec (Nasdaq: STRT) To Present at the Midwest IDEAS Investor Conference.

Business Wire8/11/2026Neutral

Strattec Announces Fiscal 2026 & Fourth Quarter Financial Results Conference Call and Webcast

MILWAUKEE--(BUSINESS WIRE)--Strattec (Nasdaq: STRT) Announces Fiscal 2026 & Fourth Quarter Financial Results Conference Call and Webcast.

Defense World8/8/2026Neutral

Strattec Security Corporation $STRT Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its stake in Strattec Security Corporation (NASDAQ: STRT) by 3.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 248,136 shares of the auto parts company's stock after acquiring an additional 8,542 shares during the quarter. Dimensional Fund Advisors LP

Business Wire6/2/2026Neutral

Strattec to Present at the East Coast IDEAS Investor Conference

MILWAUKEE--(BUSINESS WIRE)--Strattec (Nasdaq: STRT) to Present at the East Coast IDEAS Investor Conference.

GuruFocus5/28/2026Neutral

Strattec Announces New $40 Million Share Repurchase Program

[url="]Strattec[/url] (the âCompanyâ) (Nasdaq: STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, t

Historical Employee Count of STRT

Current

2,848

Change

-15.36%

Minimum

2,848

Maximum

3,373

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Jun 29, 2025	2,848	10-K	Aug 25, 2025	View
Jun 30, 2024	3,365	10-K	Sep 5, 2024	View
Jul 2, 2023	3,361	10-K	Sep 7, 2023	View
Jul 3, 2022	3,373	10-K	Sep 8, 2022	View

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Strattec Security Corporation