Eastern Co Financials
This page shows Eastern Co (EML) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Deleveraging balance sheet is masking a cash-conversion squeeze, as nearly steady sales now produce materially thinner profit and much less cash.
From FY2023 to FY2026, revenue slipped only from$258.9M to$249.0M . Yet operating cash flow fell from$25.5M to$8.9M , indicating the business is still selling at roughly the same scale but converting those sales into far less cash; the operating issue is efficiency, not simple volume loss.
FY2026 gross margin was
Since FY2023, assets have dropped from
Financial Health Signals
Based on FY2026 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Eastern Co's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Eastern Co has an operating margin of 4.3%, meaning the company retains $4 of operating profit per $100 of revenue. This results in a moderate score of 35/100, indicating healthy but not exceptional operating efficiency. This is down from 7.4% the prior year.
Eastern Co's revenue declined 8.7% year-over-year, from $272.8M to $249.0M. This contraction results in a growth score of 30/100.
Eastern Co carries a low D/E ratio of 0.26, meaning only $0.26 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.52, Eastern Co holds $3.52 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 68/100.
Eastern Co has a free cash flow margin of 2.0%, earning a moderate score of 34/100. The company generates positive cash flow after capital investments, but with room for improvement.
Eastern Co generates a 5.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 16/100. This is up from -7.1% the prior year.
Eastern Co scores 3.41, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Eastern Co passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Eastern Co generates $1.24 in operating cash flow ($8.9M OCF vs $7.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Eastern Co earns $4.0 in operating income for every $1 of interest expense ($10.7M vs $2.7M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Eastern Co generated $249.0M in revenue in fiscal year 2026. This represents a decrease of 8.7% from the prior year.
Eastern Co's EBITDA was $17.3M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 33.7% from the prior year.
Eastern Co reported $7.1M in net income in fiscal year 2026. This represents an increase of 183.6% from the prior year.
Eastern Co earned $1.17 per diluted share (EPS) in fiscal year 2026. This represents an increase of 185.4% from the prior year.
Cash & Balance Sheet
Eastern Co generated $4.9M in free cash flow in fiscal year 2026, representing cash available after capex. This represents a decrease of 49.4% from the prior year.
Eastern Co held $7.6M in cash against $32.9M in long-term debt as of fiscal year 2026.
Eastern Co paid $0.44 per share in dividends in fiscal year 2026. This represents an increase of 0.0% from the prior year.
Eastern Co had 6M shares outstanding in fiscal year 2026. This represents a decrease of 2.1% from the prior year.
Margins & Returns
Eastern Co's gross margin was 22.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 1.8 percentage points from the prior year.
Eastern Co's operating margin was 4.3% in fiscal year 2026, reflecting core business profitability. This is down 3.1 percentage points from the prior year.
Eastern Co's net profit margin was 2.9% in fiscal year 2026, showing the share of revenue converted to profit. This is up 6.0 percentage points from the prior year.
Eastern Co's ROE was 5.7% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 12.8 percentage points from the prior year.
Capital Allocation
Eastern Co invested $4.1M in research and development in fiscal year 2026. This represents a decrease of 16.9% from the prior year.
Eastern Co spent $3.7M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 22.0% from the prior year.
Eastern Co invested $4.0M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 59.1% from the prior year.
EML Income Statement
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $59.7M-0.8% | $60.2M+8.7% | $55.3M-21.1% | $70.2M+10.8% | $63.3M-1.5% | $64.3M-9.8% | $71.3M-1.8% | $72.6M |
| Cost of Revenue | $47.7M+3.5% | $46.1M+7.3% | $43.0M-20.1% | $53.8M+9.5% | $49.1M0.0% | $49.1M-7.5% | $53.1M-1.9% | $54.1M |
| Gross Profit | $11.9M-15.0% | $14.0M+13.6% | $12.4M-24.4% | $16.4M+15.3% | $14.2M-6.5% | $15.2M-16.6% | $18.2M-1.4% | $18.5M |
| R&D Expenses | $1.0M+11.6% | $928K-6.8% | $996K-3.5% | $1.0M-7.0% | $1.1M-3.5% | $1.1M+6.6% | $1.1M-17.2% | $1.3M |
| SG&A Expenses | $9.6M-9.2% | $10.5M+9.2% | $9.6M-20.9% | $12.2M+23.8% | $9.8M-2.4% | $10.1M-2.2% | $10.3M-7.4% | $11.1M |
| Operating Income | $1.3M-48.6% | $2.6M+49.6% | $1.7M-45.2% | $3.1M-2.7% | $3.2M-17.8% | $3.9M-42.2% | $6.8M+13.0% | $6.0M |
| Interest Expense | $528K-28.9% | $742K+7.8% | $688K+8.2% | $636K+3.0% | $617K+4.9% | $589K-17.1% | $710K-5.0% | $747K |
| Income Tax | $170K-0.5% | $171K-42.5% | $298K-45.5% | $546K+7.7% | $507K-31.4% | $740K-44.6% | $1.3M+13.3% | $1.2M |
| Net Income | $640K-45.3% | $1.2M+102.1% | $579K-83.2% | $3.4M+77.0% | $1.9M+48.1% | $1.3M+108.6% | -$15.3M-536.1% | $3.5M |
| EPS (Diluted) | $0.11 | N/A | $0.10-82.1% | $0.56+75.0% | $0.32 | N/A | $-2.46-539.3% | $0.56 |
EML Balance Sheet
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $217.1M+0.2% | $216.7M-1.5% | $220.0M-4.1% | $229.4M-1.3% | $232.3M-1.3% | $235.3M-3.7% | $244.2M-4.6% | $255.9M |
| Current Assets | $99.6M+0.3% | $99.3M-1.3% | $100.6M-6.8% | $107.9M-1.5% | $109.6M-5.2% | $115.6M-8.3% | $126.1M+6.6% | $118.3M |
| Cash & Equivalents | $7.6M+2.8% | $7.4M-19.7% | $9.2M+1.3% | $9.1M+15.3% | $7.9M-43.6% | $14.0M+82.7% | $7.7M-34.5% | $11.7M |
| Inventory | $53.1M-5.8% | $56.3M-0.7% | $56.8M+4.9% | $54.1M-2.2% | $55.4M+0.3% | $55.2M-5.0% | $58.1M+2.2% | $56.9M |
| Accounts Receivable | $32.6M+8.0% | $30.1M+0.4% | $30.0M-25.4% | $40.2M+20.1% | $33.5M-5.7% | $35.5M-22.8% | $46.0M+8.7% | $42.3M |
| Goodwill | $58.6M-0.1% | $58.6M+0.1% | $58.6M-0.1% | $58.6M0.0% | $58.6M+0.2% | $58.5M-0.1% | $58.6M-17.1% | $70.7M |
| Total Liabilities | $92.6M+0.6% | $92.0M-3.9% | $95.8M-8.8% | $105.0M-5.7% | $111.3M-2.9% | $114.6M-8.3% | $125.0M+4.7% | $119.4M |
| Current Liabilities | $28.3M+2.5% | $27.6M-17.9% | $33.6M-16.9% | $40.5M+2.3% | $39.6M-11.6% | $44.8M-6.3% | $47.8M+5.2% | $45.5M |
| Long-Term Debt | $32.9M-3.0% | $33.9M+9.2% | $31.0M-3.3% | $32.1M-14.5% | $37.6M-2.8% | $38.6M-6.9% | $41.5M+4.8% | $39.6M |
| Total Equity | $124.5M-0.1% | $124.6M+0.3% | $124.3M-0.1% | $124.4M+2.9% | $121.0M+0.3% | $120.7M+1.2% | $119.2M-12.6% | $136.5M |
| Retained Earnings | $138.0M0.0% | $138.0M+0.4% | $137.5M-0.1% | $137.6M+2.6% | $134.2M+0.5% | $133.5M+0.5% | $132.9M-10.7% | $148.9M |
EML Cash Flow Statement
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.5M-9.5% | $3.8M+23.5% | $3.1M-17.2% | $3.8M+303.3% | -$1.8M-116.7% | $11.0M+484.7% | -$2.9M-134.0% | $8.4M |
| Capital Expenditures | $867K-62.7% | $2.3M+5079.8% | $45K-94.0% | $750K-11.8% | $849K-59.1% | $2.1M-56.8% | $4.8M+327.2% | $1.1M |
| Free Cash Flow | $2.6M+72.1% | $1.5M-50.5% | $3.1M+2.0% | $3.0M+211.5% | -$2.7M-130.1% | $9.0M+216.9% | -$7.7M-204.9% | $7.3M |
| Investing Cash Flow | -$859K+62.3% | -$2.3M-5058.3% | -$44K-101.3% | $3.4M+315.6% | -$1.6M-710.7% | $256K+105.3% | -$4.8M-635.4% | -$652K |
| Financing Cash Flow | -$2.3M+36.2% | -$3.7M-29.0% | -$2.8M+58.4% | -$6.8M-131.3% | -$3.0M+31.5% | -$4.3M-248.3% | $2.9M+273.5% | -$1.7M |
| Dividends Paid | $665K0.0% | $665K-0.5% | $668K-0.7% | $673K-0.3% | $675K-0.6% | $679K-0.4% | $682K-0.6% | $686K |
| Share Buybacks | $422K-44.0% | $754K-11.4% | $851K+17.8% | $723K-48.4% | $1.4M+22.7% | $1.1M-20.4% | $1.4M+479.8% | $247K |
EML Financial Ratios
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 20.0%-3.4pp | 23.3%+1.0pp | 22.4%-1.0pp | 23.3%+0.9pp | 22.4%-1.2pp | 23.6%-1.9pp | 25.5%+0.1pp | 25.4% |
| Operating Margin | 2.2%-2.1pp | 4.3%+1.2pp | 3.1%-1.4pp | 4.5%-0.6pp | 5.1%-1.0pp | 6.1%-3.4pp | 9.5%+1.2pp | 8.3% |
| Net Margin | 1.1%-0.9pp | 1.9%+0.9pp | 1.1%-3.9pp | 4.9%+1.8pp | 3.1%+1.0pp | 2.0%+23.5pp | -21.5%-26.3pp | 4.8% |
| Return on Equity | 0.5%-0.4pp | 0.9%+0.5pp | 0.5%-2.3pp | 2.8%+1.1pp | 1.6%+0.5pp | 1.1%+13.9pp | -12.8%-15.4pp | 2.6% |
| Return on Assets | 0.3%-0.3pp | 0.5%+0.3pp | 0.3%-1.2pp | 1.5%+0.7pp | 0.8%+0.3pp | 0.6%+6.8pp | -6.3%-7.6pp | 1.4% |
| Current Ratio | 3.52-0.1 | 3.59+0.6 | 2.99+0.3 | 2.67-0.1 | 2.77+0.2 | 2.58-0.1 | 2.64+0.0 | 2.60 |
| Debt-to-Equity | 0.260.0 | 0.27+0.0 | 0.250.0 | 0.26-0.1 | 0.310.0 | 0.32-0.0 | 0.35+0.1 | 0.29 |
| FCF Margin | 4.4%+1.9pp | 2.5%-3.0pp | 5.5%+1.2pp | 4.3%+8.5pp | -4.3%-18.2pp | 13.9%+24.7pp | -10.8%-20.8pp | 10.1% |
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Frequently Asked Questions
What is Eastern Co's annual revenue?
Eastern Co (EML) reported $249.0M in total revenue for fiscal year 2026. This represents a -8.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Eastern Co's revenue growing?
Eastern Co (EML) revenue declined by 8.7% year-over-year, from $272.8M to $249.0M in fiscal year 2026.
Is Eastern Co profitable?
Yes, Eastern Co (EML) reported a net income of $7.1M in fiscal year 2026, with a net profit margin of 2.9%.
What is Eastern Co's EBITDA?
Eastern Co (EML) had EBITDA of $17.3M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Eastern Co have?
As of fiscal year 2026, Eastern Co (EML) had $7.6M in cash and equivalents against $32.9M in long-term debt.
What is Eastern Co's gross margin?
Eastern Co (EML) had a gross margin of 22.9% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Eastern Co's operating margin?
Eastern Co (EML) had an operating margin of 4.3% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Eastern Co's net profit margin?
Eastern Co (EML) had a net profit margin of 2.9% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
Does Eastern Co pay dividends?
Yes, Eastern Co (EML) paid $0.44 per share in dividends during fiscal year 2026.
What is Eastern Co's return on equity (ROE)?
Eastern Co (EML) has a return on equity of 5.7% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Eastern Co's free cash flow?
Eastern Co (EML) generated $4.9M in free cash flow during fiscal year 2026. This represents a -49.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Eastern Co's operating cash flow?
Eastern Co (EML) generated $8.9M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Eastern Co's total assets?
Eastern Co (EML) had $217.1M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Eastern Co's capital expenditures?
Eastern Co (EML) invested $4.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does Eastern Co spend on research and development?
Eastern Co (EML) invested $4.1M in research and development during fiscal year 2026.
What is Eastern Co's current ratio?
Eastern Co (EML) had a current ratio of 3.52 as of fiscal year 2026, which is generally considered healthy.
What is Eastern Co's debt-to-equity ratio?
Eastern Co (EML) had a debt-to-equity ratio of 0.26 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Eastern Co's return on assets (ROA)?
Eastern Co (EML) had a return on assets of 3.3% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Eastern Co's Altman Z-Score?
Eastern Co (EML) has an Altman Z-Score of 3.41, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Eastern Co's Piotroski F-Score?
Eastern Co (EML) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Eastern Co's earnings high quality?
Eastern Co (EML) has an earnings quality ratio of 1.24x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Eastern Co cover its interest payments?
Eastern Co (EML) has an interest coverage ratio of 4.0x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Eastern Co?
Eastern Co (EML) scores 47 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.