Espey Mfg. & Electronics Corp.

Espey Mfg. & Electronics Corp.

ESP
Espey Mfg. & Electronics Corp.US flagNew York Stock Exchange American
55.75
USD
-2.10
- -
167.02MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
15.54
12.09
11.81
12.02
9.74
13.93
15.37
13.17
11.53
13.2
14.5
15.56
16.96
15.35
Basic EPS, GAAP
2.52
0.52
1.4
1.39
0.49
1.32
0.99
0.49
-0.08
0.52
1.5
2.34
3.14
3.91
Free Cash Flow per Basic Share
1.34
2.08
0.18
2.4
2.62
-0.71
-1.78
2.4
0.23
0.79
1.38
2.18
6.42
1.6
Dividend per Share
1.97
2
0.75
1.25
1
1
2
1
0.5
- -
0.2
0.67
1
1.74
Book Value per Share
11.45
9.78
10.07
10.43
9.81
10.04
8.86
8.28
7.67
8.11
9.33
10.87
12.58
13.19
Tangible Book Value per Share
14.43
13.2
13.62
14.17
13.79
14.35
13.45
13.05
12.61
13.2
14.62
16.58
19.62
20.5
Basic Weighted Avg Shares
2
2
2
2
2
2
2
2
2
2
2
2
3
3
Sales/Revenue/Turnover
34
27
27
27
23
33
36
32
28
32
36
39
44
42
Operating Margin (%)
22.69
4.85
16.51
15.81
6.78
11.85
7.27
3.72
-1.54
4.76
12.08
16.88
18.49
25.45
Depreciation Expense
- -
- -
- -
- -
- -
- -
1
1
1
- -
- -
- -
- -
- -
Net Income, GAAP
6
1
3
3
1
3
2
1
- -
1
4
6
8
11
Effective Tax Rate (%)
29.29
20.33
29.23
28.83
31.23
24.41
18.7
11.12
- -
20.59
21.87
20.29
16.3
15.95
Profit Margin (%)
16.22
4.3
11.86
11.56
5.04
9.46
6.42
3.69
-0.65
3.94
10.33
15.01
18.53
25.49
Working Capital
30
27
29
30
30
30
28
28
28
29
33
38
47
52
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
32
30
31
32
32
33
32
31
30
32
36
41
51
56
Return on Invested Capital (%)
17.78
3.39
10.35
9.76
3.27
8.91
6.59
3.3
- -
3.89
9.88
13.48
14.69
17.51
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
22.55
4.95
14.2
13.6
4.88
13.34
10.54
5.7
-0.95
6.63
17.25
23.28
27.31
32.33

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
104
127
153

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
81
81
92
Cash, Cash Equivalents & STI
47
43
47
Accounts Receivable, Net
6
8
6
Inventories
21
23
27
Total Current Liabilities
34
32
40
Payables & Accruals
6
6
6
ST Debt
- -
- -
- -
Deferred Revenue
28
26
33

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.43%
10.6%
23.2%
Free Cash Flow
155.02%
100.06%
206.13%
Net Income, GAAP
-59.15%
-124.73%
40.03%
Sales/Revenue/Turnover
6.42%
7.38%
13.46%
Total Cash Common Dividend
- -
- -
54.78%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9
10
8
12
39
2025
10
14
10
10
44
2026
9
12
11
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.44
0.72
0.41
- -
2.34
2025
0.63
0.74
0.66
- -
3.14
2026
0.8
1.02
1.03
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.3
0.18
- -
0.67
2025
0.25
0.25
0.25
- -
1
2026
1.01
0.25
0.25
- -
- -

Company Description

APIChat
CEO
David A. O'Neil
Full Time Employees
148
Sector
Industrials
Industry
Electrical Equipment & Parts
Address
233 Ballston Avenue Saratoga Springs NY United States of America 12866-4755
IPO Date
Mar 17, 1980
Website
espey.com
Business
Espey Mfg. & Electronics Corp., a power electronics design and original equipment manufacturing company, develops, manufactures and tests highly reliable electronic power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, uninterruptible power supply systems, antennas and high power radar systems for military and rugged industrial applications including airborne, naval, ground-based radar, shipboard power, locomotives and electronic warfare platforms; the company also provides design and development to specification, build to print, design studies, environmental testing, metal fabrication, painting and automatic testing equipment services. Founded in 1928 and headquartered in Saratoga Springs, New York, Espey operates a vertically integrated 150,000-plus square foot ISO AS9100-certified facility serving U.S. and foreign governments, defense contractors and industrial manufacturers primarily through direct sales and independent representatives with exports to global markets. Recent developments include the October 2025 completion and full-scale launch of its 24,000-square-foot Magnetics Center of Excellence expansion supported by a $7.4 million U.S. Navy grant awarded in fiscal 2023 to enhance MIL-STD testing and production scalability; a $3.4 million funding award in March 2025 for capital equipment and facility upgrades; new contract awards totaling over $49 million in 2024-2025 supporting U.S. Navy Virginia and Columbia Class submarine programs for electric power conversion systems; and the February 2025 retirement of its CFO with appointment of a new principal financial officer.

Company News

APIChat
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  • ESP Downgraded to Neutral on Slower Order Intake Despite Margin Strength

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  • ESP Stock Down 13% Despite Q2 Earnings Rise Y/Y on Margin Gains

  • Espey Mfg. & Electronics Corp. reports second quarter results