NYSEAMERICAN : ESP
Espey Mfg. & Electronics Corp. — Financial statements
Industrials · Electrical Equipment & Parts · United States
Last price 53.2 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 155.06M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Espey Mfg. & Electronics Corp. (ESP) reported revenue of 46.12M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 46.12M | 46.12M | 43.95M | 38.74M | 35.59M | 32.10M |
| Cost of Revenue | 29.84M | 29.84M | 31.27M | 28.08M | 27.54M | 26.63M |
| Gross Profit | 16.28M | 16.28M | 12.68M | 10.65M | 8.05M | 5.47M |
| Selling, General & Admin | 4.69M | 4.69M | 4.56M | 4.11M | 3.75M | 3.94M |
| Operating Expenses | 4.69M | 4.69M | 4.56M | 4.11M | 3.75M | 3.94M |
| Operating Income | 11.59M | 11.59M | 8.13M | 6.54M | 4.30M | 1.53M |
| Interest & Investment Income | 1.70M | 1.70M | 1.26M | 728.30K | 359.62K | 12.15K |
| Other Non Operating Income (Expenses) | 17.83K | 17.83K | 342.13K | 27.26K | 46.84K | 51.76K |
| Pretax Income | 13.32M | 13.32M | 9.73M | 7.30M | 4.71M | 1.59M |
| Income Tax Expense | 2.14M | 2.14M | 1.59M | 1.48M | 1.03M | 327.95K |
| Net Income | 11.18M | 11.18M | 8.14M | 5.82M | 3.68M | 1.27M |
| Net Income to Common | 11.18M | 11.18M | 8.14M | 5.82M | 3.68M | 1.27M |
| Shares Outstanding (Basic) | 2.77M | 2.77M | 2.59M | 2.49M | 2.45M | 2.43M |
| Shares Outstanding (Diluted) | 2.87M | 2.87M | 2.70M | 2.54M | 2.47M | 2.43M |
| EPS (Basic) | 4.04 | 4.04 | 3.14 | 2.34 | 1.50 | 0.52 |
| EPS (Diluted) | 3.89 | 3.89 | 3.02 | 2.29 | 1.49 | 0.52 |
| Free Cash Flow | 2.58M | 2.58M | 16.63M | 5.43M | 3.39M | 1.92M |
| Free Cash Flow Per Share | 0.90 | 0.90 | 6.17 | 2.14 | 1.37 | 0.79 |
| Dividend Per Share | 1.00 | 1.00 | 1.00 | 0.68 | 0.20 | |
| Gross Margin | 35.30% | 35.30% | 28.86% | 27.50% | 22.62% | 17.04% |
| Operating Margin | 25.14% | 25.14% | 18.49% | 16.88% | 12.08% | 4.76% |
| Profit Margin | 24.24% | 24.24% | 18.53% | 15.01% | 10.33% | 3.94% |
| Free Cash Flow Margin | 5.60% | 5.60% | 37.83% | 14.02% | 9.52% | 5.97% |
| EBITDA | 12.11M | 12.11M | 8.58M | 6.99M | 4.78M | 2.02M |
| EBITDA Margin | 26.25% | 26.25% | 19.52% | 18.05% | 13.44% | 6.30% |
| D&A For EBITDA | 512.34K | 512.34K | 451.52K | 453.52K | 484.92K | 494.63K |
| EBIT | 11.59M | 11.59M | 8.13M | 6.54M | 4.30M | 1.53M |
| EBIT Margin | 25.14% | 25.14% | 18.49% | 16.88% | 12.08% | 4.76% |
| Effective Tax Rate | 16.04% | 16.04% | 16.30% | 20.29% | 21.87% | 20.59% |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 19.44M | 19.44M | 18.86M | 4.35M | 2.75M | 8.10M |
| Short-Term Investments | 26.01M | 26.01M | 24.72M | 18.88M | 11.96M | 3.71M |
| Cash & Short-Term Investments | 45.44M | 45.44M | 43.58M | 23.23M | 14.71M | 11.81M |
| Accounts Receivable | 8.96M | 8.96M | 7.60M | 6.64M | 5.76M | 5.73M |
| Other Receivables | 681.51K | 681.51K | 273.92K | 35.67K | ||
| Receivables | 9.64M | 9.64M | 7.87M | 6.64M | 5.79M | 5.73M |
| Inventory | 25.97M | 25.97M | 17.84M | 19.24M | 19.89M | 18.56M |
| Prepaid Expenses | 381.36K | 381.36K | 279.85K | 3.23M | 4.28M | 992.77K |
| Other Current Assets | 9.88M | 9.88M | 4.38M | |||
| Total Current Assets | 91.31M | 91.31M | 73.95M | 53.24M | 44.68M | 37.10M |
| Property, Plant & Equipment | 4.50M | 4.50M | 3.96M | 3.31M | 2.83M | 2.80M |
| Long-Term Deferred Tax Assets | 1.34M | 1.34M | 1.20M | |||
| Total Assets | 97.15M | 97.15M | 79.12M | 56.54M | 47.50M | 39.90M |
| Accounts Payable | 3.45M | 3.45M | 2.64M | 3.75M | 1.21M | 2.08M |
| Accrued Expenses | 2.13M | 2.13M | 2.35M | 2.20M | 2.12M | 2.05M |
| Current Income Taxes Payable | 298.51K | 220.61K | 54.72K | |||
| Current Unearned Revenue | 31.00M | 31.00M | 22.89M | 9.04M | 8.08M | 3.38M |
| Other Current Liabilities | 831.00 | 831.00 | 93.46K | 56.86K | 66.04K | 55.29K |
| Total Current Liabilities | 36.58M | 36.58M | 28.27M | 15.27M | 11.48M | 7.62M |
| Long-Term Deferred Tax Liabilities | 137.83K | 177.83K | ||||
| Total Liabilities | 36.58M | 36.58M | 28.27M | 15.27M | 11.62M | 7.80M |
| Common Stock | 1.04M | 1.04M | 1.04M | 1.04M | 1.04M | 1.04M |
| Additional Paid-In Capital | 27.35M | 27.35M | 26.33M | 23.93M | 23.28M | 23.10M |
| Retained Earnings | 37.90M | 37.90M | 31.55M | 26.00M | 21.87M | 18.68M |
| Treasury Stock | -2.65M | -2.65M | -4.62M | -5.84M | -6.04M | -6.04M |
| Comprehensive Income & Other | -3.07M | -3.07M | -3.46M | -3.86M | -4.28M | -4.69M |
| Shareholders' Equity | 60.57M | 60.57M | 50.85M | 41.27M | 35.88M | 32.10M |
| Total Liabilities & Equity | 97.15M | 97.15M | 79.12M | 56.54M | 47.50M | 39.90M |
| Net Cash (Debt) | 45.44M | 45.44M | 43.58M | 23.23M | 14.71M | 11.81M |
| Net Cash Per Share | 15.83 | 15.83 | 16.16 | 9.16 | 5.95 | 4.86 |
| Filing Date Shares Outstanding | 2.91M | 2.91M | 2.92M | 2.53M | 2.47M | 2.45M |
| Total Common Shares Outstanding | 2.84M | 2.84M | 2.71M | 2.52M | 2.47M | 2.45M |
| Working Capital | 54.73M | 54.73M | 45.69M | 37.97M | 33.19M | 29.48M |
| Book Value Per Share | 21.34 | 21.34 | 18.79 | 16.36 | 14.53 | 13.12 |
| Tangible Book Value | 60.57M | 60.57M | 50.85M | 41.27M | 35.88M | 32.10M |
| Tangible Book Value Per Share | 21.34 | 21.34 | 18.79 | 16.36 | 14.53 | 13.12 |
| Land | 45.00K | 45.00K | 45.00K | 45.00K | 45.00K | 45.00K |
| Buildings | 6.01M | 6.01M | 6.14M | 5.47M | 4.81M | 4.45M |
| Machinery | 12.69M | 12.69M | 12.05M | 11.67M | 11.57M | 11.45M |
| Order Backlog | 134.90M | 134.90M | 139.70M | 97.20M | 83.60M | 76.80M |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 11.18M | 11.18M | 8.14M | 5.82M | 3.68M | 1.27M |
| Depreciation & Amortization | 512.34K | 512.34K | 451.52K | 453.52K | 484.92K | 494.63K |
| Loss (Gain) From Sale of Assets | 20.80K | 20.80K | 590.00 | -2.50K | -119.00 | |
| Stock-Based Compensation | 1.30M | 1.30M | 968.75K | 721.81K | 592.78K | 501.76K |
| Other Operating Activities | -136.84K | -136.84K | -306.87K | -1.03M | -40.00K | 9.27K |
| Change in Accounts Receivable | -1.36M | -1.36M | -963.40K | -880.21K | -22.11K | -379.39K |
| Change in Inventory | -8.13M | -8.13M | 1.40M | 645.57K | -1.33M | 231.44K |
| Change in Accounts Payable | 807.46K | 807.46K | -1.11M | 2.54M | -866.80K | -639.00K |
| Change in Unearned Revenue | 8.11M | 8.11M | 13.84M | 961.58K | 4.70M | 306.87K |
| Change in Income Taxes | -742.37K | -742.37K | 77.90K | 256.27K | -90.39K | 304.32K |
| Change in Other Net Operating Assets | -5.87M | -5.87M | -1.51M | 1.12M | -3.20M | 124.76K |
| Operating Cash Flow | 5.69M | 5.69M | 20.99M | 10.60M | 3.90M | 2.22M |
| Capital Expenditures | -3.11M | -3.11M | -4.37M | -5.16M | -512.02K | -303.56K |
| Sale of Property, Plant & Equipment | 5.50K | 5.50K | 150.00 | 2.50K | 2.00K | |
| Investment in Securities | -1.29M | -1.29M | -5.83M | -6.90M | -8.26M | -616.78K |
| Other Investing Activities | 2.03M | 2.03M | 3.26M | 4.23M | ||
| Investing Cash Flow | -2.36M | -2.36M | -6.94M | -7.84M | -8.77M | -918.34K |
| Issuance of Common Stock | 2.08M | 2.08M | 3.06M | 526.36K | ||
| Common Dividends Paid | -4.83M | -4.83M | -2.60M | -1.68M | -489.27K | |
| Financing Cash Flow | -2.75M | -2.75M | 458.27K | -1.15M | -489.27K | |
| Net Cash Flow | 574.32K | 574.32K | 14.51M | 1.60M | -5.36M | 1.30M |
| Free Cash Flow | 2.58M | 2.58M | 16.63M | 5.43M | 3.39M | 1.92M |
| Free Cash Flow Margin | 5.60% | 5.60% | 37.83% | 14.02% | 9.52% | 5.97% |
| Free Cash Flow Per Share | 0.90 | 0.90 | 6.17 | 2.14 | 1.37 | 0.79 |
| Levered Free Cash Flow | -1.24M | -1.24M | 14.76M | 3.84M | 2.44M | 1.60M |
| Unlevered Free Cash Flow | -1.24M | -1.24M | 14.76M | 3.84M | 2.44M | 1.60M |
| Cash Income Tax Paid | 3.02M | 3.02M | 1.82M | 2.26M | 1.16M | 14.37K |
| Change in Working Capital | -7.18M | -7.18M | 11.74M | 4.64M | -812.46K | -50.99K |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 152.29M | 190.06M | 120.50M | 53.46M | 41.25M | 34.67M |
| Enterprise Value | 106.85M | 143.40M | 82.00M | 32.33M | 22.79M | 24.18M |
| Last Close Price | 53.20 | 66.32 | 43.37 | 19.48 | 14.85 | 12.50 |
| PE Ratio | 13.43 | 17.00 | 14.80 | 9.19 | 11.22 | 27.41 |
| Forward PE | 14.26 | 18.66 | 16.89 | 16.89 | 16.89 | 16.89 |
| PS Ratio | 3.31 | 4.12 | 2.74 | 1.38 | 1.16 | 1.08 |
| PB Ratio | 2.49 | 3.14 | 2.37 | 1.29 | 1.15 | 1.08 |
| P/TBV Ratio | 2.52 | 3.14 | 2.37 | 1.29 | 1.15 | 1.08 |
| P/FCF Ratio | 59.18 | 73.62 | 7.25 | 9.84 | 12.18 | 18.09 |
| P/OCF Ratio | 26.85 | 33.40 | 5.74 | 5.05 | 10.58 | 15.62 |
| PEG Ratio | 23.77 | 2.87 | 3.92 | 3.92 | 3.92 | 3.92 |
| EV/Sales Ratio | 2.33 | 3.11 | 1.87 | 0.83 | 0.64 | 0.75 |
| EV/EBITDA Ratio | 8.87 | 11.84 | 9.56 | 4.62 | 4.76 | 11.95 |
| EV/EBIT Ratio | 9.26 | 12.37 | 10.09 | 4.95 | 5.30 | 15.81 |
| EV/FCF Ratio | 41.58 | 55.55 | 4.93 | 5.95 | 6.73 | 12.62 |
| Net Debt / Equity Ratio | -0.75 | -0.75 | -0.86 | -0.56 | -0.41 | -0.37 |
| Net Debt / EBITDA Ratio | -3.75 | -3.75 | -5.08 | -3.32 | -3.08 | -5.84 |
| Net Debt / FCF Ratio | -17.60 | -17.60 | -2.62 | -4.28 | -4.34 | -6.17 |
| Asset Turnover | 0.52 | 0.52 | 0.65 | 0.74 | 0.81 | 0.82 |
| Inventory Turnover | 1.36 | 1.36 | 1.69 | 1.44 | 1.43 | 1.43 |
| Quick Ratio | 1.51 | 1.51 | 1.82 | 1.96 | 1.78 | 2.30 |
| Current Ratio | 2.50 | 2.50 | 2.62 | 3.49 | 3.89 | 4.87 |
| Return on Equity (ROE) | 20.07% | 20.07% | 17.68% | 15.07% | 10.82% | 4.05% |
| Return on Assets (ROA) | 8.22% | 8.22% | 7.49% | 7.86% | 6.15% | 2.45% |
| Return on Invested Capital (ROIC) | 78.24% | 86.92% | 53.74% | 26.59% | 16.21% | 5.96% |
| Return on Capital Employed (ROCE) | 19.10% | 19.10% | 16.00% | 15.80% | 11.90% | 4.70% |
| Earnings Yield | 7.45% | 5.88% | 6.76% | 10.88% | 8.91% | 3.65% |
| FCF Yield | 1.69% | 1.36% | 13.80% | 10.16% | 8.21% | 5.53% |
| Dividend Yield | 1.91% | 1.49% | 2.25% | 3.19% | 1.20% | |
| Payout Ratio | 44.99% | 43.22% | 31.90% | 28.86% | 13.31% | |
| Buyback Yield / Dilution | -6.50% | -6.50% | -6.28% | -2.67% | -1.61% | -1.06% |
| Total Shareholder Return | -4.59% | -5.00% | -4.03% | 0.52% | -0.41% | -1.06% |