STRATTEC SECURITY CORP

Listed Company

STRTCIK 0000933034NasdaqAcceleratedSmaller ReportingMotor Vehicle Parts & AccessoriesWisconsinFY ends Jun 28

Period

FY 2025

Revenue

$565.07M

Net Income

$18.68M

Total Assets

$391.45M

Equity

$221.59M

Shares Out

4.18M

Op. Cash Flow

$71.68M

STRT$82.38+34.10% · past yearDBEQ Basic

Daily closing prices

Business

Strattec Security Corp manufactures automotive access and security products for original equipment manufacturers and aftermarket channels. The company designs and produces mechanical and electronically enhanced locks, keys, fobs, passive entry systems, digital keys, ignition lock housings, power doors, tailgates, and user-interface control products. Strattec operates in North America with facilities in the United States and Mexico, serving major OEMs across over 90 vehicle platforms.

Summary from 10-K filed 2025-08-25

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Net sales	565	538	493	452	485
Cost of goods sold	480	472	451	396	407
Gross profit	85	65	42	56	79
Selling, administrative and engineering expenses	62	48	48	47	45
Income from operations	23	18	−6	9	34
Interest income	2	572,000	—	—	—
Interest expense	−1	−900,000	−960,000	−221,000	−302,000
Other income, net	820,000	3	—	—	—
Income before income taxes and non-controlling interest	25	20	−8	9	35
Income tax expense	6	4	1	415,000	5
Net income	19	16	−9	9	30
Net income attributable to non-controlling interest	234,000	115,000	−2	2	7
Net income attributable to Strattec	19	16	−7	7	23
Basic	4.64	4.1	−1.7	1.82	5.95
Diluted	4.58	4.07	−1.7	1.79	5.85

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Cash and cash equivalents	85	25	21	9	14
Receivables, net	102	99	90	76	70
Finished products	12	20	—	—	—
Work in process	11	15	—	—	—
Purchased materials	41	46	—	—	—
Inventories, net	65	82	78	80	71
Pre-production costs	9	22	—	—	—
Value added tax recoverable	19	20	—	—	—
Income taxes recoverable	2	319,000	—	—	—
Other current assets	8	5	6	5	6
Total current assets	290	254	226	188	175
Land and Land Improvements	7	7	—	—	—
Buildings and improvements	40	40	—	—	—
Machinery and equipment	237	259	—	—	—
Total property, plant and equipment	283	305	—	—	—
Less: accumulated depreciation	206	219	—	—	—
Property, plant and equipment, net	77	86	94	92	96
Deferred income taxes	20	18	14	7	5
Other noncurrent assets	4	7	7	5	7
Total assets	391	364	341	319	311
Accounts payable	66	55	58	44	37
Accrued payroll and benefits	23	29	23	18	22
Value added tax payable	12	10	6	3	—
Income tax payable	88,000	5	3	249,000	—
Warranty reserve	9	11	10	8	8
Other current liabilities	10	9	—	—	—
Total current liabilities	119	118	109	82	78
Borrowings under credit facilities	8	13	13	11	12
Post-employment benefits	13	2	—	—	—
Other noncurrent liabilities	4	5	6	4	5
Total Liabilities	145	139	—	—	—
Common stock, authorized 18,000,000 shares, $.01 par value, 7,635,883 issued shares at June 29, 2025 and 7,586,920 issued shares at June 30, 2024	76,000	76,000	75,000	75,000	74,000
Capital in excess of par value	104	101	100	102	100
Retained earnings	269	251	234	241	234
Accumulated other comprehensive loss	−16	−16	−14	−19	−17
Less: treasury stock, at cost (3,596,549 shares at June 29, 2025 and 3,598,126 shares at June 30, 2024)	−135	−135	−136	−136	−136
Total Strattec shareholders' equity	222	201	185	188	181
Non-controlling interest	25	25	26	32	32
Total shareholders equity	246	226	211	220	213
Total Liabilities and Shareholders' Equity	391	364	341	319	311

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-06-30	FY 2024 2024-06-30	FY 2023 2023-06-30	FY 2022 2022-06-30	FY 2021 2021-06-30
Depreciation	15	17	17	19	20
Foreign currency transaction loss (gain)	591,000	−2	3	−237,000	2
Deferred income taxes	−2	−5	−5	−2	1
Stock-based compensation expense	3	1	1	1	972,000
Unrealized gain on peso contracts	−2	0	—	−384,000	−723,000
Receivables	−3	−9	−14	−6	−28
Inventories	17	−4	3	−10	−16
Other assets	12	−14	−10	−3	−2
Accounts payable	11	−3	—	—	—
Accrued liabilities	970,000	14	—	—	—
Other, net	1	919,000	767,000	677,000	538,000
Net cash provided by operating activities	72	12	10	10	35
Proceeds from sale of interest in joint ventures	0	2	—	—	—
Purchase of property, plant and equipment	−7	−10	—	—	—
Net cash used in investing activities	−7	−8	9	−14	−9
Borrowings under credit facilities	3	2	17	13	—
Repayments under credit facilities	−8	−2	−15	−14	−23
Employee stock purchases	61,000	72,000	183,000	908,000	604,000
Net cash (used in) provided by financing activities	−5	72,000	−7	−2	−23
Foreign currency impact on cash	−413,000	290,000	237,000	98,000	−552,000
NET INCREASE IN CASH AND CASH EQUIVALENTS	59	5	12	−6	3
Income taxes	14	4	3	−842,000	5
Interest	1	888,000	890,000	230,000	320,000
Change in capital expenditures in accounts payable	−422,000	171,000	−1	1	225,000

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Frequently asked questions

What is STRATTEC SECURITY CORP's CIK number?

STRATTEC SECURITY CORP's SEC CIK number is 0000933034 (933034). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find STRATTEC SECURITY CORP's SEC filings?

All of STRATTEC SECURITY CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did STRATTEC SECURITY CORP last report earnings?

STRATTEC SECURITY CORP (STRT) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-212420). This is STRATTEC SECURITY CORP's most recent earnings filing of record — not a forecast of its next earnings date.

What is STRATTEC SECURITY CORP's most recent earnings 8-K?

STRATTEC SECURITY CORP's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001193125-26-212420. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View STRATTEC SECURITY CORP's latest earnings 8-K →
Look up any company's CIK number →