ACME UNITED CORP
Business
Acme United Corporation is a worldwide supplier of first aid and medical products and cutting tools to school, home, office, hardware, sporting goods and industrial markets. Principal products include first aid kits and medical supplies under brands such as First Aid Only, PhysiciansCare, and Spill Magic, as well as cutting and sharpening tools under Westcott, Clauss and DMT brands. The company operates two reportable segments: first aid and medical products, and cutting and sharpening tools, distributing through mass-market and e-commerce retailers, industrial distributors, stationery distributors and hardware chains across the United States, Canada, Europe and Asia.
Summary from 10-K filed 2026-03-11
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 197 | 194 | 192 | 194 | 182 | |
| Cost of goods sold | 119 | 118 | 119 | 130 | 117 | |
| Gross profit | 77 | 76 | 72 | 64 | 65 | |
| Selling, general and administrative expenses | 63 | 62 | 59 | 57 | 52 | |
| Operating income | 15 | 14 | 13 | 6 | 13 | |
| Interest expense, net | −2 | −2 | −3 | — | — | |
| Other (expense) income, net | −47,000 | 95,000 | −41,000 | −246,396 | −194,877 | |
| Income before income tax expense | 13 | 12 | 23 | 4 | 15 | |
| Income tax expense | 3 | 2 | 5 | 627,679 | 2 | |
| Net income | 10 | 10 | 18 | 3 | 14 | |
| Basic earnings per share | 2.69 | 2.71 | 4.98 | 0.86 | 3.93 | |
| Diluted earnings per share | 2.49 | 2.45 | 4.86 | 0.82 | 3.45 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 4 | 6 | 5 | 6 | 5 | |
| Accounts receivable, less allowance for credit losses of $480,736 and $493,705 as of December 31, 2025 and 2024, respectively | 29 | 28 | 26 | 33 | 34 | |
| Inventories | 60 | 56 | 55 | 63 | 54 | |
| Prepaid expenses and other current assets | 4 | 5 | 5 | 3 | 3 | |
| Total current assets | 96 | 95 | 92 | 106 | 95 | |
| Land | 3 | 3 | 2 | 2 | 2 | |
| Buildings and building improvements | 24 | 21 | 18 | 17 | 13 | |
| Machinery and equipment | 43 | 37 | 35 | 31 | 30 | |
| Total property, plant and equipment | 71 | 61 | 55 | 50 | 45 | |
| Less: accumulated depreciation | 32 | 29 | 27 | 24 | 21 | |
| Net property, plant and equipment | 39 | 32 | 28 | 26 | 24 | |
| Intangible assets, less accumulated amortization | 19 | 20 | 19 | 21 | 17 | |
| Goodwill | 10 | 10 | 8 | 8 | 5 | |
| Operating lease right-of-use asset, net | 7 | 5 | 2 | 3 | 3 | |
| Total assets | 171 | 162 | 149 | 164 | 144 | |
| Accounts payable | 8 | 9 | 12 | 11 | 9 | |
| Operating lease liability - current portion | 1 | 2 | 1 | 1 | 1 | |
| Current portion of mortgage payable | 454,112 | 436,949 | 419,309 | 404,588 | 388,536 | |
| Other accrued liabilities | 13 | 12 | 12 | 10 | 10 | |
| Total current liabilities | 23 | 23 | 26 | 22 | 20 | |
| Long-term debt | 12 | 18 | 13 | 50 | 33 | |
| Mortgage payable, net of current portion | 9 | 10 | 10 | 11 | 11 | |
| Operating lease liability - non-current portion | 6 | 3 | 1 | 2 | 2 | |
| Deferred income taxes | 4 | 1 | 899,344 | 305,285 | 599,280 | |
| Other non-current liabilities | 13,972 | 13,355 | 16,274 | 622,441 | — | |
| Total liabilities | 53 | 55 | 51 | 85 | 67 | |
| Commitments and contingencies (see note 16) | — | — | — | — | — | |
| Common stock, par value $2.50: 5,351,596 shares issued and 3,806,724 shares outstanding in 2025; 5,299,370 shares issued and 3,754,498 shares outstanding in 2024 | 13 | 13 | 13 | 13 | 13 | |
| Treasury stock, at cost, 1,544,872 shares in 2025 and 2024 | −16 | −16 | −16 | −16 | −16 | |
| Additional paid-in capital | 20 | 18 | 16 | 13 | 12 | |
| Accumulated other comprehensive loss | −2 | −3 | −2 | −2 | −1 | |
| Retained earnings | 102 | 94 | 87 | 71 | 70 | |
| Total stockholders' equity | 118 | 107 | 98 | 79 | 77 | |
| Total liabilities and stockholders' equity | 171 | 162 | 149 | 164 | 144 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation | 4 | 4 | 3 | 3 | 3 | |
| Amortization of intangible assets | 3 | 3 | 2 | 2 | 1 | |
| Stock compensation expense | 2 | 2 | 2 | 2 | 2 | |
| Deferred income taxes | 2 | 565,312 | 594,059 | −293,995 | 489,059 | |
| Non-cash lease adjustment | −9,790 | −40,373 | −57,648 | −42,570 | 158,250 | |
| Provision for excess and obsolete inventory | 306,739 | — | 171,476 | 189,874 | — | |
| Provision for credit losses | 14,443 | 393,945 | −129,219 | — | — | |
| Amortization of deferred financing costs | 29,804 | 39,738 | 39,405 | 30,151 | — | |
| Change in earnout liability | — | 24,481 | 170,000 | — | — | |
| Accounts receivable | −592,817 | −2 | 6 | 2 | −7 | |
| Inventories | −3 | −329,896 | 4 | −10 | −3 | |
| Prepaid expenses and other current assets | 937,348 | −704,417 | −950,338 | −173,341 | −1 | |
| Accounts payable | −1 | −3 | 2 | 2 | 1 | |
| Other accrued liabilities | 927,167 | −807,171 | 2 | −581,449 | −2 | |
| Total adjustments | 8 | 2 | 11 | −143,027 | −9 | |
| Net cash provided by operating activities | 18 | 12 | 29 | 3 | 5 | |
| Purchase of property, plant and equipment | −11 | −7 | −5 | −4 | −6 | |
| Acquisition of Schmiedeglut | −2 | — | — | — | — | |
| Proceeds from sale of business, net of related costs | — | 1 | 13 | — | — | |
| Acquisition of Safety Made | — | −750,000 | −750,000 | −10 | — | |
| Acquisition of Elite First Aid | — | −6 | — | — | — | |
| Net cash used in investing activities | −12 | −13 | 7 | −14 | −6 | |
| Net (repayments) borrowings of long-term debt | −6 | 4 | −37 | 17 | −6 | |
| Repayments on mortgage | −430,447 | −413,235 | −409,624 | −401,410 | −3 | |
| Distributions to stockholders | −2 | −2 | −2 | −2 | −2 | |
| Cash settlement of stock options | −680,977 | −415,900 | −292,152 | −108,155 | −342,285 | |
| Tax paid on net share settlement of stock options | −354,914 | −1 | −363,273 | −243,463 | — | |
| Issuance of common stock | 697,531 | 2 | 1 | 84,715 | 3 | |
| Net cash (used in) provided by financing activities | −9 | 2 | −38 | 14 | 2 | |
| Effect of exchange rate changes | 154,905 | −186,979 | 60,110 | −184,691 | −134,636 | |
| Net (decrease) increase in cash and cash equivalents and restricted cash | −3 | 852,738 | −2 | 3 | 675,973 | |
| Cash paid for income taxes | 560,723 | 2 | 6 | 978,378 | 874,996 | |
| Cash paid for interest expense | 2 | 2 | 3 | 2 | 908,781 | |
| Dividends accrued not paid | 609,075 | 563,175 | 546,710 | 495,406 | 457,745 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is ACME UNITED CORP's CIK number?
ACME UNITED CORP's SEC CIK number is 0000002098 (2098). 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 ACME UNITED CORP's SEC filings?
All of ACME UNITED 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 ACME UNITED CORP last report earnings?
ACME UNITED CORP (ACU) most recently filed an earnings 8-K with the SEC on Apr 23, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-172010). This is ACME UNITED CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is ACME UNITED CORP's most recent earnings 8-K?
ACME UNITED CORP's latest earnings 8-K (Item 2.02) was filed Apr 23, 2026 under accession 0001193125-26-172010. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View ACME UNITED CORP's latest earnings 8-K →
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