NASDAQ : EML
The Eastern Company — Financial statements
Industrials · Tools & Accessories · United States
Last price 27.67 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 166.51M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
The Eastern Company (EML) reported revenue of 234.37M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 234.37M | 248.97M | 272.75M | 258.86M | 279.27M | 246.52M |
| Cost of Revenue | 184.19M | 192.01M | 205.48M | 197.09M | 220.65M | 189.76M |
| Gross Profit | 50.18M | 56.96M | 67.27M | 61.77M | 58.62M | 56.77M |
| Selling, General & Admin | 36.55M | 39.70M | 42.23M | 40.28M | 37.73M | 33.27M |
| Research & Development | 4.00M | 4.06M | 4.89M | 5.59M | 4.24M | 4.10M |
| Operating Expenses | 40.55M | 43.76M | 47.12M | 45.87M | 41.97M | 37.37M |
| Operating Income | 9.63M | 13.20M | 20.15M | 15.90M | 16.65M | 19.39M |
| Interest Expense | -2.46M | -2.68M | -2.72M | -2.81M | -2.28M | -1.75M |
| Other Non Operating Income (Expenses) | -701.47K | -499.26K | -353.37K | 1.99M | 728.25K | 1.42M |
| EBT Excluding Unusual Items | 6.47M | 10.01M | 17.07M | 15.08M | 15.10M | 19.07M |
| Merger & Restructuring Charges | -2.52M | -2.52M | -699.87K | |||
| Gain (Loss) on Sale of Assets | 624.00 | 1.84K | ||||
| Pretax Income | 10.48M | 7.49M | 17.07M | 15.08M | 14.40M | 19.07M |
| Income Tax Expense | 2.42M | 1.52M | 3.86M | 3.30M | 3.35M | 2.89M |
| Earnings From Continuing Operations | 8.05M | 5.97M | 13.22M | 11.78M | 11.05M | 16.18M |
| Earnings From Discontinued Operations | -15.06K | 1.17M | -21.74M | -3.20M | 1.25M | -6.83M |
| Net Income | 8.04M | 7.13M | -8.53M | 8.59M | 12.30M | 9.35M |
| Net Income to Common | 8.04M | 7.13M | -8.53M | 8.59M | 12.30M | 9.35M |
| Shares Outstanding (Basic) | 6.04M | 6.09M | 6.21M | 6.23M | 6.22M | 6.26M |
| Shares Outstanding (Diluted) | 6.05M | 6.10M | 6.22M | 6.27M | 6.24M | 6.26M |
| EPS (Basic) | 1.33 | 1.17 | -1.37 | 1.38 | 1.98 | 1.49 |
| EPS (Diluted) | 1.32 | 1.17 | -1.37 | 1.37 | 1.97 | 1.49 |
| Free Cash Flow | 15.14M | 4.90M | 10.84M | 20.94M | 7.23M | -5.74M |
| Free Cash Flow Per Share | 2.50 | 0.80 | 1.74 | 3.34 | 1.16 | -0.92 |
| Dividend Per Share | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 |
| Gross Margin | 21.41% | 22.88% | 24.66% | 23.86% | 20.99% | 23.03% |
| Operating Margin | 4.11% | 5.30% | 7.39% | 6.14% | 5.96% | 7.87% |
| Profit Margin | 3.43% | 2.86% | -3.13% | 3.32% | 4.41% | 3.79% |
| Free Cash Flow Margin | 6.46% | 1.97% | 3.98% | 8.09% | 2.59% | -2.33% |
| EBITDA | 16.25M | 19.78M | 26.04M | 21.26M | 23.88M | 26.64M |
| EBITDA Margin | 6.93% | 7.95% | 9.55% | 8.21% | 8.55% | 10.80% |
| D&A For EBITDA | 6.62M | 6.59M | 5.89M | 5.37M | 7.24M | 7.24M |
| EBIT | 9.63M | 13.20M | 20.15M | 15.90M | 16.65M | 19.39M |
| EBIT Margin | 4.11% | 5.30% | 7.39% | 6.14% | 5.96% | 7.87% |
| Effective Tax Rate | 23.13% | 20.33% | 22.60% | 21.90% | 23.28% | 15.14% |
| Advertising Expenses | 500.00K | 600.00K | 400.00K | 300.00K | 200.48K |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 15.11M | 7.41M | 14.01M | 8.05M | 10.19M | 6.17M |
| Short-Term Investments | 32.83K | 2.05M | 986.48K | |||
| Cash & Short-Term Investments | 15.14M | 7.41M | 16.06M | 9.03M | 10.19M | 6.17M |
| Accounts Receivable | 36.84M | 30.13M | 35.52M | 34.20M | 42.89M | 43.15M |
| Receivables | 36.87M | 30.16M | 35.80M | 34.78M | 43.89M | 44.18M |
| Inventory | 65.99M | 56.34M | 55.21M | 58.40M | 64.64M | 62.86M |
| Prepaid Expenses | 6.15M | 4.78M | 3.48M | 5.44M | 6.60M | 6.94M |
| Other Current Assets | 608.48K | 570.10K | 5.07M | 4.58M | 3.52M | |
| Total Current Assets | 124.76M | 99.27M | 115.62M | 112.24M | 125.32M | 123.67M |
| Property, Plant & Equipment | 46.86M | 42.90M | 41.69M | 40.59M | 38.33M | 39.44M |
| Goodwill | 58.67M | 58.63M | 58.51M | 58.58M | 70.78M | 72.21M |
| Other Intangible Assets | 9.20M | 10.35M | 12.71M | 15.10M | 24.33M | 28.27M |
| Long-Term Deferred Tax Assets | 5.53M | 5.53M | 6.61M | 2.28M | 488.99K | |
| Other Long-Term Assets | 102.67K | 22.89M | ||||
| Total Assets | 245.12M | 216.68M | 235.31M | 252.04M | 261.52M | 266.33M |
| Accounts Payable | 27.19M | 16.43M | 19.65M | 24.55M | 27.64M | 29.63M |
| Accrued Expenses | 12.50M | 6.55M | 15.06M | 9.16M | 7.27M | 9.18M |
| Current Portion of Long-Term Debt | 3.60M | 2.87M | 9.01M | 7.50M | ||
| Current Portion of Leases | 4.90M | 4.64M | 3.83M | 4.51M | 3.06M | 2.66M |
| Other Current Liabilities | 2.65M | 1.64M | 580.99K | |||
| Total Current Liabilities | 44.60M | 27.62M | 44.79M | 42.73M | 46.98M | 49.56M |
| Long-Term Debt | 41.68M | 33.90M | 38.64M | 41.06M | 55.14M | 63.81M |
| Long-Term Leases | 14.95M | 15.32M | 14.16M | 13.44M | 9.20M | 8.64M |
| Pension & Post-Retirement Benefits | 13.44M | 14.73M | 16.48M | 21.58M | 22.84M | 27.89M |
| Long-Term Deferred Tax Liabilities | 1.15M | |||||
| Other Long-Term Liabilities | 464.90K | 464.90K | 546.39K | 737.89K | 754.76K | 668.35K |
| Total Liabilities | 115.13M | 92.03M | 114.62M | 119.56M | 134.91M | 151.73M |
| Common Stock | 36.53M | 36.34M | 35.44M | 33.95M | 33.59M | 32.62M |
| Retained Earnings | 142.96M | 138.00M | 133.55M | 144.81M | 138.99M | 129.42M |
| Treasury Stock | -30.90M | -30.07M | -26.34M | -23.28M | -22.54M | -20.91M |
| Comprehensive Income & Other | -18.60M | -19.62M | -21.96M | -22.99M | -23.41M | -26.53M |
| Shareholders' Equity | 129.99M | 124.65M | 120.69M | 132.48M | 126.61M | 114.60M |
| Total Liabilities & Equity | 245.12M | 216.68M | 235.31M | 252.04M | 261.52M | 266.33M |
| Total Debt | 61.53M | 53.86M | 60.24M | 61.89M | 76.40M | 82.62M |
| Net Cash (Debt) | -46.39M | -46.44M | -44.18M | -52.86M | -66.21M | -76.45M |
| Net Cash Per Share | -7.66 | -7.61 | -7.11 | -8.43 | -10.61 | -12.21 |
| Filing Date Shares Outstanding | 6.02M | 6.04M | 6.14M | 6.21M | 6.22M | 6.25M |
| Total Common Shares Outstanding | 6.02M | 6.04M | 6.16M | 6.22M | 6.22M | 6.27M |
| Working Capital | 80.16M | 71.65M | 70.83M | 69.50M | 78.33M | 74.11M |
| Book Value Per Share | 21.60 | 20.63 | 19.58 | 21.31 | 20.35 | 18.29 |
| Tangible Book Value | 62.12M | 55.66M | 49.47M | 58.81M | 31.50M | 14.12M |
| Tangible Book Value Per Share | 10.32 | 9.21 | 8.03 | 9.46 | 5.06 | 2.25 |
| Land | 664.34K | 579.34K | 739.34K | 824.34K | 1.29M | |
| Buildings | 9.79M | 7.29M | 12.21M | 14.36M | 16.32M | |
| Machinery | 49.71M | 48.45M | 39.74M | 40.93M | 39.32M | |
| Order Backlog | 81.10M | 89.20M | 77.10M | 72.50M | 82.80M |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 8.04M | 7.13M | -8.53M | 8.59M | 12.30M | 9.35M |
| Depreciation & Amortization | 6.62M | 6.59M | 5.89M | 5.37M | 7.24M | 7.24M |
| Loss (Gain) From Sale of Assets | 262.12K | 365.26K | 162.92K | 894.94K | -274.24K | -2.47M |
| Stock-Based Compensation | 793.10K | 894.09K | 1.49M | 364.69K | 966.16K | 1.12M |
| Provision & Write-off of Bad Debts | 136.59K | 95.77K | 2.43K | 62.89K | 207.04K | 73.10K |
| Other Operating Activities | -10.04M | -3.66M | 12.55M | -632.25K | -7.75M | -209.86K |
| Change in Accounts Receivable | 5.16M | 7.86M | -1.32M | 6.72M | -1.08M | -11.28M |
| Change in Inventory | -1.23M | -268.52K | 3.13M | 6.13M | -5.30M | -19.61M |
| Change in Accounts Payable | 1.96M | -4.50M | -4.00M | -1.97M | -1.74M | 8.83M |
| Change in Other Net Operating Assets | 7.31M | -5.64M | 10.02M | 20.07K | 2.88M | -803.43K |
| Operating Cash Flow | 18.99M | 8.87M | 20.55M | 26.48M | 10.59M | -2.02M |
| Capital Expenditures | -3.85M | -3.97M | -9.71M | -5.54M | -3.37M | -3.72M |
| Sale of Property, Plant & Equipment | 54.43K | 51.73K | 2.28M | 2.17M | 1.98M | |
| Cash Acquisitions | -8.04M | -421.04K | -444.84K | |||
| Divestitures | 1.59M | 1.59M | 5.81M | 17.03M | ||
| Investment in Securities | -32.83K | 2.22M | -956.73K | -986.48K | 28.95K | |
| Other Investing Activities | -1.59M | 14.54K | -83.43K | 1.55M | 470.77K | -2.70M |
| Investing Cash Flow | -11.87M | -508.92K | -8.47M | -5.43M | 5.09M | 12.62M |
| Short-Term Debt Issued | 3.00M | 10.00M | ||||
| Long-Term Debt Issued | 36.02M | 2.80M | 60.64M | 260.79K | 126.80K | |
| Total Debt Issued | 44.80M | 36.02M | 5.80M | 60.64M | 10.26M | 126.80K |
| Short-Term Debt Repaid | -1.75M | -300.03K | ||||
| Long-Term Debt Repaid | -45.60M | -3.09M | -79.74M | -17.79M | -17.27M | |
| Total Debt Repaid | -40.73M | -45.60M | -4.84M | -80.04M | -17.79M | -17.27M |
| Net Debt Issued (Repaid) | 4.07M | -9.59M | 964.23K | -19.40M | -7.53M | -17.15M |
| Repurchase of Common Stock | -2.43M | -3.73M | -3.06M | -735.78K | -1.64M | -369.65K |
| Common Dividends Paid | -2.66M | -2.68M | -2.73M | -2.77M | -2.74M | -2.76M |
| Other Financing Activities | -299.52K | -299.52K | ||||
| Financing Cash Flow | -1.33M | -16.30M | -4.82M | -22.90M | -11.90M | -20.27M |
| Foreign Exchange Rate Adjustments | 199.26K | 509.42K | -711.84K | -37.55K | -193.54K | 174.76K |
| Net Cash Flow | 6.00M | -7.43M | 6.54M | -1.89M | 3.59M | -9.50M |
| Free Cash Flow | 15.14M | 4.90M | 10.84M | 20.94M | 7.23M | -5.74M |
| Free Cash Flow Margin | 6.46% | 1.97% | 3.98% | 8.09% | 2.59% | -2.33% |
| Free Cash Flow Per Share | 2.50 | 0.80 | 1.74 | 3.34 | 1.16 | -0.92 |
| Levered Free Cash Flow | 5.43M | 3.41M | 14.21M | 20.73M | 11.71M | 2.58M |
| Unlevered Free Cash Flow | 6.97M | 5.09M | 15.91M | 22.49M | 13.13M | 3.67M |
| Cash Interest Paid | 2.31M | 2.89M | 3.22M | 3.39M | 2.50M | 2.27M |
| Cash Income Tax Paid | 940.20K | 1.92M | 5.17M | 6.61M | 3.68M | 2.32M |
| Change in Working Capital | 13.19M | -2.55M | 7.82M | 10.90M | -5.23M | -22.86M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 171.71M | 119.13M | 164.29M | 137.25M | 119.83M | 157.32M |
| Enterprise Value | 218.10M | 165.32M | 217.72M | 193.11M | 202.21M | 244.83M |
| Last Close Price | 27.97 | 19.33 | 25.67 | 20.91 | 17.91 | 22.82 |
| PE Ratio | 21.56 | 16.70 | 15.99 | 9.74 | 16.83 | |
| PS Ratio | 0.73 | 0.48 | 0.60 | 0.53 | 0.43 | 0.64 |
| PB Ratio | 1.29 | 0.96 | 1.36 | 1.04 | 0.95 | 1.37 |
| P/TBV Ratio | 2.77 | 2.14 | 3.32 | 2.33 | 3.80 | 11.14 |
| P/FCF Ratio | 11.36 | 24.33 | 15.15 | 6.55 | 16.58 | |
| P/OCF Ratio | 9.06 | 13.44 | 7.99 | 5.18 | 11.31 | |
| EV/Sales Ratio | 0.93 | 0.66 | 0.80 | 0.75 | 0.72 | 0.99 |
| EV/EBITDA Ratio | 13.44 | 8.36 | 8.36 | 9.08 | 8.47 | 9.19 |
| EV/EBIT Ratio | 22.67 | 12.53 | 10.80 | 12.15 | 12.14 | 12.62 |
| EV/FCF Ratio | 14.43 | 33.77 | 20.08 | 9.22 | 27.98 | |
| Debt / Equity Ratio | 0.47 | 0.43 | 0.50 | 0.47 | 0.60 | 0.72 |
| Debt / EBITDA Ratio | 2.99 | 2.22 | 1.95 | 2.45 | 2.81 | 2.81 |
| Debt / FCF Ratio | 4.06 | 11.00 | 5.56 | 2.96 | 10.57 | |
| Net Debt / Equity Ratio | 0.36 | 0.37 | 0.37 | 0.40 | 0.52 | 0.67 |
| Net Debt / EBITDA Ratio | 2.85 | 2.35 | 1.70 | 2.49 | 2.77 | 2.87 |
| Net Debt / FCF Ratio | 3.06 | 9.49 | 4.08 | 2.52 | 9.16 | -13.31 |
| Asset Turnover | 0.99 | 1.10 | 1.12 | 1.01 | 1.06 | 0.91 |
| Inventory Turnover | 3.07 | 3.44 | 3.62 | 3.20 | 3.46 | 3.58 |
| Quick Ratio | 1.17 | 1.36 | 1.15 | 1.01 | 1.13 | 0.99 |
| Current Ratio | 2.80 | 3.59 | 2.58 | 2.63 | 2.67 | 2.50 |
| Return on Equity (ROE) | 6.33% | 4.86% | 10.44% | 9.09% | 9.16% | 14.79% |
| Return on Assets (ROA) | 2.54% | 3.65% | 5.17% | 3.87% | 3.94% | 4.47% |
| Return on Invested Capital (ROIC) | 4.27% | 6.26% | 8.91% | 6.57% | 6.65% | 8.63% |
| Return on Capital Employed (ROCE) | 4.80% | 7.00% | 10.60% | 7.60% | 7.80% | 8.90% |
| Earnings Yield | 4.64% | 5.99% | -5.19% | 6.25% | 10.27% | 5.94% |
| FCF Yield | 8.80% | 4.11% | 6.60% | 15.25% | 6.03% | -3.65% |
| Dividend Yield | 1.54% | 2.23% | 1.65% | 1.99% | 2.28% | 1.75% |
| Payout Ratio | 33.24% | 37.59% | 32.21% | 22.26% | 29.48% | |
| Buyback Yield / Dilution | 1.71% | 1.85% | 0.88% | -0.53% | 0.40% | 0.02% |
| Total Shareholder Return | 3.24% | 4.09% | 2.53% | 1.47% | 2.69% | 1.77% |