EMLNasdaqCutlery, Handtools & General HardwareFiscal year ends January 3
EASTERN CO
Financials through Q2 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Aug 11, 2026
$23.65−0.66 (-2.71%)
Close on Oct 19, 2026
- Market cap
- $142.62M
- P/E (TTM)
- 17.6
- Dividend yield
- 1.86%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
22.9%−1.5 pts over 5 years
Operating margin
4.3%−2.5 pts over 5 years
Net margin
2.9%+0.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -8.7% | -3.8% | +4.7% | +5.6% | |
| Gross profit | -15.3% | -1.0% | +3.4% | +5.2% | |
| Operating income | -47.0% | -9.0% | -4.6% | +2.9% | |
| Net income | – | -16.6% | +5.7% | +2.2% | |
| EPS, diluted | – | -15.9% | -7.8% | +2.4% | |
| Free cash flow | -49.4% | +6.2% | -16.7% | -2.9% | |
| Dividend per share | 0.0% | 0.0% | 0.0% | -0.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 9.6% | 5.2% | 5.8% | |
| Return on assets | 6.3% | 1.9% | 3.2% | |
| Current ratio | 6.04 | 2.75 | 3.59 | |
| Debt to equity | 0.02 | 0.85 | 0.27 | |
| Net debt to EBITDA | -1.40× | 3.57× | 1.53× | |
| Interest coverage | 91.7× | 6.6× | 4.0× | |
| Inventory turnover | 2.9× | 3.1× | 3.4× | |
| Capex to revenue | 2.1% | 1.2% | 1.6% | |
| Diluted shares | 6M | 6M | 6M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Eastern generated $69.01M from operations and spent $49.51M on capital expenditure, dividends and share buybacks. 53% of that went back into the business.
Generated
$69.01M
Used
$49.51M
Capital expenditure$26.31M53%Dividends$13.67M28%Share buybacks$9.53M19%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.9%
×Asset turnover1.10×
×Equity multiplier1.84×
=Return on equity, FY20255.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.9% | 1.10× | 1.84× | 5.8% |
| FY2024 | -3.1% | 1.12× | 1.92× | -6.7% |
| FY2023 | 3.3% | 1.01× | 1.98× | 6.6% |
| FY2022 | 4.4% | 1.06× | 2.19× | 10.2% |
| FY2021 | 3.8% | 0.91× | 2.48× | 8.5% |
| FY2020 | 2.7% | 0.71× | 2.65× | 5.2% |
| FY2019 | 5.3% | 1.09× | 2.28× | 13.1% |
| FY2018 | 6.2% | 1.31× | 1.95× | 15.8% |
| FY2017 | 2.5% | 1.36× | 1.77× | 6.0% |
| FY2016 | 5.7% | 1.12× | 1.52× | 9.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$7.13M
- Cash generatingOperating cash flow above zero$8.87M
- Return on assets improvedROA up on the prior year-3.4% → 3.0%
- Earnings backed by cashOperating cash flow above net income$8.87M vs $7.13M
- Less leverageLong-term debt to assets fell16.4% → 15.6%
- Better liquidityCurrent ratio rose2.58 → 3.59
- No dilutionShare count did not rise6M → 6M
- Gross margin improvedGross margin up on the prior year24.66% → 22.88%
- More efficientAsset turnover rose1.08 → 1.06