Espey Mfg & Elec Financials
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Espey Mfg & Elec has an operating margin of 18.5%, meaning the company retains $18 of operating profit per $100 of revenue. This strong profitability earns a score of 92/100, reflecting efficient cost management and pricing power. This is up from 16.9% the prior year.
Espey Mfg & Elec's revenue grew 13.5% year-over-year to $44.0M, a solid pace of expansion. This earns a growth score of 67/100.
Espey Mfg & Elec carries a low D/E ratio of 0.56, meaning only $0.56 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 91/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.66, Espey Mfg & Elec holds $2.66 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 86/100.
Espey Mfg & Elec converts 37.8% of revenue into free cash flow ($16.6M). This strong cash generation earns a score of 100/100.
Espey Mfg & Elec's ROE of 16.0% shows moderate profitability relative to equity, earning a score of 64/100. This is up from 14.1% the prior year.
Espey Mfg & Elec scores 5.46, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($155.1M) relative to total liabilities ($28.3M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Espey Mfg & Elec passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Espey Mfg & Elec generates $2.58 in operating cash flow ($21.0M OCF vs $8.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
This page shows Espey Mfg & Elec (ESP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Key Financial Metrics
Espey Mfg & Elec generated $44.0M in revenue in fiscal year 2025. This represents an increase of 13.5% from the prior year.
Espey Mfg & Elec's EBITDA was $8.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 22.7% from the prior year.
Espey Mfg & Elec generated $16.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 206.1% from the prior year.
Espey Mfg & Elec reported $8.1M in net income in fiscal year 2025. This represents an increase of 40.0% from the prior year.
Espey Mfg & Elec earned $3.02 per diluted share (EPS) in fiscal year 2025. This represents an increase of 31.9% from the prior year.
Espey Mfg & Elec held $18.9M in cash against $0 in long-term debt as of fiscal year 2025.
Espey Mfg & Elec paid $1.00 per share in dividends in fiscal year 2025. This represents an increase of 48.1% from the prior year.
Espey Mfg & Elec had 3M shares outstanding in fiscal year 2025. This represents an increase of 5.9% from the prior year.
Espey Mfg & Elec's gross margin was 28.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.4 percentage points from the prior year.
Espey Mfg & Elec's operating margin was 18.5% in fiscal year 2025, reflecting core business profitability. This is up 1.6 percentage points from the prior year.
Espey Mfg & Elec's net profit margin was 18.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 3.5 percentage points from the prior year.
Espey Mfg & Elec's ROE was 16.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.9 percentage points from the prior year.
Espey Mfg & Elec invested $4.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 15.5% from the prior year.
ESP Income Statement
| Metric | Q2'26 | Q2'25 | Q1'25 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.1M0.0% | $12.1M+33.5% | $9.1M-33.2% | $13.6M+30.3% | $10.4M+1.4% | $10.3M+20.2% | $8.6M+2.7% | $8.3M |
| Cost of Revenue | $7.9M0.0% | $7.9M+34.9% | $5.9M-43.7% | $10.4M+36.7% | $7.6M+6.7% | $7.2M+13.2% | $6.3M | N/A |
| Gross Profit | $4.2M0.0% | $4.2M+30.9% | $3.2M+1.7% | $3.2M+13.0% | $2.8M-10.9% | $3.1M+40.0% | $2.2M+12.0% | $2.0M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $1.1M0.0% | $1.1M-0.9% | $1.2M+1.1% | $1.1M+5.3% | $1.1M+3.0% | $1.0M+2.5% | $1.0M | N/A |
| Operating Income | $3.1M0.0% | $3.1M+48.7% | $2.1M+2.0% | $2.0M+17.8% | $1.7M-17.9% | $2.1M+71.3% | $1.2M | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $711K0.0% | $711K+83.3% | $388K+0.9% | $384K-3.7% | $399K-14.0% | $464K+60.8% | $289K | N/A |
| Net Income | $2.8M0.0% | $2.8M+29.3% | $2.2M+13.7% | $1.9M+19.4% | $1.6M-11.0% | $1.8M+64.0% | $1.1M+22.2% | $896K |
| EPS (Diluted) | $0.990.0% | $0.99+30.3% | $0.76+7.0% | $0.71+16.4% | $0.61-15.3% | $0.72+63.6% | $0.44+22.2% | $0.36 |
ESP Balance Sheet
| Metric | Q2'26 | Q2'25 | Q1'25 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $85.2M0.0% | $85.2M+0.4% | $84.8M+41.0% | $60.2M+4.4% | $57.6M+14.4% | $50.4M+2.0% | $49.4M+4.0% | $47.5M |
| Current Assets | $80.9M0.0% | $80.9M+0.2% | $80.7M+45.3% | $55.6M+3.3% | $53.8M+18.8% | $45.3M-0.3% | $45.4M+1.7% | $44.7M |
| Cash & Equivalents | $17.8M0.0% | $17.8M-20.1% | $22.2M+176.8% | $8.0M+66.8% | $4.8M+33.6% | $3.6M+17.6% | $3.1M+11.5% | $2.7M |
| Inventory | $22.9M0.0% | $22.9M+8.9% | $21.1M+19.6% | $17.6M-9.4% | $19.4M+8.8% | $17.9M-7.2% | $19.3M-3.2% | $19.9M |
| Accounts Receivable | $8.2M0.0% | $8.2M+29.5% | $6.4M-9.1% | $7.0M-0.4% | $7.0M+17.7% | $6.0M+0.6% | $5.9M+3.0% | $5.8M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $32.0M0.0% | $32.0M-5.6% | $33.9M+120.3% | $15.4M+1.5% | $15.1M+24.7% | $12.1M-4.2% | $12.7M+9.0% | $11.6M |
| Current Liabilities | $32.0M0.0% | $32.0M-5.6% | $33.9M+120.3% | $15.4M+1.5% | $15.1M+24.7% | $12.1M-4.2% | $12.7M+10.3% | $11.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $53.2M0.0% | $53.2M+4.4% | $51.0M+13.7% | $44.8M+5.5% | $42.5M+11.2% | $38.2M+4.1% | $36.7M+2.3% | $35.9M |
| Retained Earnings | $33.1M0.0% | $33.1M+6.8% | $31.0M+9.7% | $28.2M+4.7% | $27.0M+12.3% | $24.0M+6.3% | $22.6M+3.3% | $21.9M |
ESP Cash Flow Statement
| Metric | Q2'26 | Q2'25 | Q1'25 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.9M+203.5% | -$2.8M-149.1% | $5.7M+6.4% | $5.4M+287.1% | $1.4M-58.2% | $3.3M+27.1% | $2.6M+182.6% | -$3.2M |
| Capital Expenditures | $2.6M+97.6% | $1.3M+2.4% | $1.3M+46.1% | $884K+33.0% | $664K-46.5% | $1.2M-44.3% | $2.2M+568.3% | $334K |
| Free Cash Flow | $296K+107.2% | -$4.1M-193.3% | $4.4M-1.4% | $4.5M+520.0% | $725K-65.2% | $2.1M+439.8% | $386K+111.0% | -$3.5M |
| Investing Cash Flow | $1.3M+223.8% | -$1.0M-320.2% | -$243K+90.2% | -$2.5M-469.0% | -$439K+78.5% | -$2.0M+13.3% | -$2.4M-249.3% | $1.6M |
| Financing Cash Flow | $2.7M+537.3% | -$628K+70.4% | -$2.1M-736.8% | $333K+168.1% | -$488K+34.2% | -$742K-1347.3% | $59K+124.3% | -$245K |
| Dividends Paid | $3.4M+399.3% | $687K-75.0% | $2.7M+324.7% | $646K+2.0% | $633K | N/A | N/A | $245K |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
ESP Financial Ratios
| Metric | Q2'26 | Q2'25 | Q1'25 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.7%0.0pp | 34.7%-0.7pp | 35.4%+12.1pp | 23.3%-3.6pp | 26.8%-3.7pp | 30.5%+4.3pp | 26.2%+2.2pp | 24.0% |
| Operating Margin | 25.3%0.0pp | 25.3%+2.6pp | 22.7%+7.8pp | 14.9%-1.6pp | 16.5%-3.9pp | 20.3%+6.0pp | 14.3% | N/A |
| Net Margin | 23.1%0.0pp | 23.1%-0.8pp | 23.9%+9.8pp | 14.0%-1.3pp | 15.3%-2.1pp | 17.4%+4.7pp | 12.8%+2.0pp | 10.7% |
| Return on Equity | 5.3%0.0pp | 5.3%+1.0pp | 4.3%0.0pp | 4.3%+0.5pp | 3.8%-0.9pp | 4.7%+1.7pp | 3.0%+0.5pp | 2.5% |
| Return on Assets | 3.3%0.0pp | 3.3%+0.7pp | 2.6%-0.6pp | 3.2%+0.4pp | 2.8%-0.8pp | 3.6%+1.3pp | 2.2%+0.3pp | 1.9% |
| Current Ratio | 2.530.0 | 2.53+0.1 | 2.38-1.2 | 3.61+0.1 | 3.55-0.2 | 3.73+0.1 | 3.59-0.3 | 3.89 |
| Debt-to-Equity | 0.600.0 | 0.60-0.1 | 0.66+0.3 | 0.34-0.0 | 0.36+0.0 | 0.32-0.0 | 0.35+0.0 | 0.32 |
| FCF Margin | 2.4%+36.5pp | -34.1%-82.8pp | 48.7%+15.7pp | 33.0%+26.1pp | 6.9%-13.3pp | 20.2%+15.7pp | 4.5%+46.4pp | -41.9% |
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Frequently Asked Questions
What is Espey Mfg & Elec's annual revenue?
Espey Mfg & Elec (ESP) reported $44.0M in total revenue for fiscal year 2025. This represents a 13.5% 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 Espey Mfg & Elec's revenue growing?
Espey Mfg & Elec (ESP) revenue grew by 13.5% year-over-year, from $38.7M to $44.0M in fiscal year 2025.
Is Espey Mfg & Elec profitable?
Yes, Espey Mfg & Elec (ESP) reported a net income of $8.1M in fiscal year 2025, with a net profit margin of 18.5%.
What is Espey Mfg & Elec's earnings per share (EPS)?
Espey Mfg & Elec (ESP) reported diluted earnings per share of $3.02 for fiscal year 2025. This represents a 31.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Espey Mfg & Elec's EBITDA?
Espey Mfg & Elec (ESP) had EBITDA of $8.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Espey Mfg & Elec's gross margin?
Espey Mfg & Elec (ESP) had a gross margin of 28.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Espey Mfg & Elec's operating margin?
Espey Mfg & Elec (ESP) had an operating margin of 18.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Espey Mfg & Elec's net profit margin?
Espey Mfg & Elec (ESP) had a net profit margin of 18.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Espey Mfg & Elec pay dividends?
Yes, Espey Mfg & Elec (ESP) paid $1.00 per share in dividends during fiscal year 2025.
What is Espey Mfg & Elec's return on equity (ROE)?
Espey Mfg & Elec (ESP) has a return on equity of 16.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Espey Mfg & Elec's free cash flow?
Espey Mfg & Elec (ESP) generated $16.6M in free cash flow during fiscal year 2025. This represents a 206.1% 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 Espey Mfg & Elec's operating cash flow?
Espey Mfg & Elec (ESP) generated $21.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Espey Mfg & Elec's total assets?
Espey Mfg & Elec (ESP) had $79.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Espey Mfg & Elec's capital expenditures?
Espey Mfg & Elec (ESP) invested $4.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How many shares does Espey Mfg & Elec have outstanding?
Espey Mfg & Elec (ESP) had 3M shares outstanding as of fiscal year 2025.
What is Espey Mfg & Elec's current ratio?
Espey Mfg & Elec (ESP) had a current ratio of 2.66 as of fiscal year 2025, which is generally considered healthy.
What is Espey Mfg & Elec's debt-to-equity ratio?
Espey Mfg & Elec (ESP) had a debt-to-equity ratio of 0.56 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Espey Mfg & Elec's return on assets (ROA)?
Espey Mfg & Elec (ESP) had a return on assets of 10.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Espey Mfg & Elec's Altman Z-Score?
Espey Mfg & Elec (ESP) has an Altman Z-Score of 5.46, 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 Espey Mfg & Elec's Piotroski F-Score?
Espey Mfg & Elec (ESP) has a Piotroski F-Score of 5 out of 9, indicating neutral 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Espey Mfg & Elec's earnings high quality?
Espey Mfg & Elec (ESP) has an earnings quality ratio of 2.58x, 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.
How financially healthy is Espey Mfg & Elec?
Espey Mfg & Elec (ESP) scores 83 out of 100 on our Financial Profile, indicating strong 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.