Espey Mfg & Elec (ESP) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed May 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ESP SEC filings page.
Espey Mfg & Elec (ESP) reported $42.2M in revenue over the twelve months to Mar 31, 2026, down 8.1% from the prior twelve months. This page shows its 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).
Espey’s dominant mechanic is margin expansion paired with high cash conversion, while growth has increased balance-sheet leverage.
In FY2025, operating cash flow of$21.0M was more than double net income of$8.1M , a gap indicating cash generation was not explained by reported profit alone. FY2024 showed the same earnings-quality pattern: operating cash flow of$10.6M exceeded net income of$5.8M , making the cash uplift look recurring rather than a one-year coincidence.
The margin shape changed materially: by FY2025, gross margin was
Capital intensity remained manageable: FY2025 capital spending was
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Espey Mfg & Elec'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.
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 75/100, 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 68/100.
Espey Mfg & Elec has a moderate D/E ratio of 0.56. This balance of debt and equity financing earns a leverage score of 59/100.
With a current ratio of 2.62, Espey Mfg & Elec holds $2.62 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 73/100.
Espey Mfg & Elec converts 37.8% of revenue into free cash flow ($16.6M). This strong cash generation earns a score of 91/100.
Espey Mfg & Elec earns a strong 16.0% return on equity (ROE), meaning it generates $16 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 76/100. This is up from 14.1% the prior year.
Espey Mfg & Elec scores 6.17, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($189.8M) relative to total liabilities ($28.3M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Espey Mfg & Elec passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 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.
Key Financial Metrics
Earnings & Revenue
Espey Mfg & Elec generated $11.4M in revenue in Q3 2026. This represents an increase of 10.9% from the same quarter a year earlier. Against the prior quarter it is down 5.9%.
Espey Mfg & Elec's EBITDA was $3.1M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 67.0% from the same quarter a year earlier. Against the prior quarter it is down 2.6%.
Espey Mfg & Elec reported $2.9M in net income in Q3 2026. This represents an increase of 68.1% from the same quarter a year earlier. Against the prior quarter it is up 2.1%.
Espey Mfg & Elec earned $0.99 per diluted share (EPS) in Q3 2026. This represents an increase of 57.1% from the same quarter a year earlier. It is unchanged from the prior quarter.
Cash & Balance Sheet
Espey Mfg & Elec generated $3.2M in free cash flow in Q3 2026, representing cash available after capex. This represents a decrease of 69.5% from the same quarter a year earlier. Against the prior quarter it is up 177.4%.
Espey Mfg & Elec held $21.2M in cash as of Q3 2026; long-term debt is not reported for that period.
Espey Mfg & Elec paid $0.25 per share in dividends in Q3 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Espey Mfg & Elec's gross margin was 37.0% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is up 8.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.3 percentage points.
Espey Mfg & Elec's operating margin was 26.1% in Q3 2026, reflecting core business profitability. This is up 9.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.8 percentage points.
Espey Mfg & Elec's net profit margin was 25.1% in Q3 2026, showing the share of revenue converted to profit. This is up 8.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.0 percentage points.
Espey Mfg & Elec's ROE was 5.1% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.
Capital Allocation
Espey Mfg & Elec invested $189K in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 80.4% from the same quarter a year earlier. Against the prior quarter it is down 85.7%.
Not reported for Q3 2026.
Not reported for Q3 2026.
ESP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.4M+10.9% | $12.1M-10.8% | $9.1M-12.9% | $9.6M-17.4% | $10.3M+24.8% | $13.6M+32.1% | $10.4M+21.9% | $11.6M+39.2% |
| Cost of Revenue | $7.2M-2.2% | $7.9M-24.1% | $5.9M-23.1% | N/A | $7.4M+18.8% | $10.4M+45.9% | $7.6M+20.9% | N/A |
| Gross Profit | $4.2M+43.4% | $4.2M+33.2% | $3.2M+14.9% | $3.8M+17.8% | $2.9M+42.8% | $3.2M+0.7% | $2.8M+24.7% | $3.2M+59.7% |
| SG&A Expenses | $1.2M+4.1% | $1.1M+0.2% | $1.2M+6.4% | N/A | $1.2M+23.3% | $1.1M+8.5% | $1.1M+5.7% | N/A |
| Operating Income | $3.0M+70.4% | $3.1M+51.7% | $2.1M+20.2% | N/A | $1.8M+60.2% | $2.0M-3.3% | $1.7M+40.7% | N/A |
| EBITDA | $3.1M+67.0% | $3.2M+49.9% | $2.2M+19.4% | N/A | $1.9M+55.1% | $2.1M-3.3% | $1.8M+36.4% | N/A |
| Income Tax | $527K+37.6% | $711K+84.9% | $388K-2.9% | N/A | $383K+55.8% | $384K-17.2% | $399K+38.3% | N/A |
| Net Income | $2.9M+68.1% | $2.8M+47.0% | $2.2M+35.8% | $2.9M+54.8% | $1.7M+65.2% | $1.9M+6.3% | $1.6M+46.0% | $1.9M+111.4% |
| EPS (Basic) | $1.03+56.1% | $1.02+37.8% | $0.80+27.0% | $1.10+44.7% | $0.66+61.0% | $0.74+1.4% | $0.63+43.2% | $0.76+105.4% |
| EPS (Diluted) | $0.99+57.1% | $0.99+39.4% | $0.76+24.6% | $1.05+43.8% | $0.63+57.5% | $0.71-1.4% | $0.61+38.6% | $0.73+102.8% |
| Diluted Shares (Avg) | 3M+6.9% | 3M+5.1% | 3M+9.4% | N/A | 3M+5.0% | 3M+8.3% | 3M+4.6% | N/A |
Not reported in any period shown, so not listed: R&D Expenses, Interest Expense.
ESP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $96.0M+31.8% | $85.2M+41.5% | $84.8M+47.2% | $79.1M+39.9% | $72.8M+37.1% | $60.2M+19.5% | $57.6M+16.7% | $56.5M+19.0% |
| Current Assets | $90.1M+33.8% | $80.9M+45.6% | $80.7M+50.1% | $74.0M+38.9% | $67.4M+33.7% | $55.6M+22.7% | $53.8M+18.4% | $53.2M+19.2% |
| Cash & Equivalents | $21.2M+52.7% | $17.8M+121.2% | $22.2M+361.6% | $18.9M+333.4% | $13.9M+149.4% | $8.0M+122.8% | $4.8M+57.1% | $4.4M+58.3% |
| Short-Term Investments | $25.5M+3.5% | $25.4M+25.4% | $24.7M+32.3% | $24.7M+30.9% | $24.6M+58.2% | $20.3M+46.1% | $18.7M+42.8% | $18.9M+57.8% |
| Inventory | $26.6M+60.2% | $22.9M+30.3% | $21.1M+8.4% | $17.8M-7.3% | $16.6M-15.4% | $17.6M-1.4% | $19.4M+0.9% | $19.2M-3.2% |
| Accounts Receivable | $6.3M-1.8% | $8.2M+17.7% | $6.4M-9.4% | $7.6M+14.5% | $6.4M+20.5% | $7.0M+17.3% | $7.0M+18.4% | $6.6M+15.3% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $39.6M+49.3% | $32.0M+107.9% | $33.9M+123.7% | $28.3M+85.1% | $26.5M+92.2% | $15.4M+26.7% | $15.1M+19.5% | $15.3M+31.4% |
| Current Liabilities | $39.6M+49.3% | $32.0M+107.9% | $33.9M+123.7% | $28.3M+85.1% | $26.5M+92.2% | $15.4M+26.7% | $15.1M+19.5% | $15.3M+33.0% |
| Non-Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0-100.0% |
| Total Equity | $56.4M+21.8% | $53.2M+18.7% | $51.0M+20.0% | $50.8M+23.2% | $46.3M+17.7% | $44.8M+17.2% | $42.5M+15.7% | $41.3M+15.0% |
| Retained Earnings | $35.3M+20.4% | $33.1M+17.2% | $31.0M+14.9% | $31.6M+21.3% | $29.3M+19.0% | $28.2M+17.6% | $27.0M+19.4% | $26.0M+18.9% |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
ESP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.4M-70.4% | -$2.8M-152.3% | $5.7M+311.8% | $2.8M-14.6% | $11.5M+711.4% | $5.4M+61.8% | $1.4M-46.9% | $3.2M+202.5% |
| Depreciation & Amortization | $134K+15.6% | $128K+16.2% | $118K+7.8% | $117K+6.5% | $116K+4.8% | $110K-3.8% | $109K-8.4% | $110K-9.3% |
| Stock-Based Compensation | $52K-44.6% | $52K-43.6% | $74K-26.7% | N/A | $93K+23.6% | $92K+21.2% | $101K+82.4% | N/A |
| Capital Expenditures | $189K-80.4% | $1.3M+49.6% | $1.3M+94.3% | $1.9M+180.3% | $961K-6.9% | $884K-28.8% | $664K-70.2% | $662K+98.5% |
| Free Cash Flow | $3.2M-69.5% | -$4.1M-192.0% | $4.4M+511.2% | $915K-64.6% | $10.5M+2667.3% | $4.5M+115.7% | $725K+87.8% | $2.6M+173.8% |
| Investing Cash Flow | -$283K+94.7% | -$1.0M+59.0% | -$243K+44.5% | $1.3M+133.4% | -$5.3M-1099.6% | -$2.5M-22.1% | -$439K+81.4% | -$4.0M-351.5% |
| Financing Cash Flow | $297K+201.8% | -$628K-288.8% | -$2.1M-333.9% | $905K+289.4% | -$291K-3479.8% | $333K+144.9% | -$488K-921.1% | -$478K-95.4% |
| Dividends Paid | $699K+7.6% | $687K+6.4% | $2.7M+333.1% | $669K+33.7% | $650K+49.0% | $646K | $633K | $500K+104.4% |
Not reported in any period shown, so not listed: Share Buybacks.
ESP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.0%+8.4pp | 34.7%+11.5pp | 35.4%+8.6pp | 39.3%+11.7pp | 28.6%+3.6pp | 23.3%-7.2pp | 26.8%+0.6pp | 27.6%+3.6pp |
| Operating Margin | 26.1%+9.1pp | 25.3%+10.4pp | 22.7%+6.3pp | N/A | 17.0%+3.8pp | 14.9%-5.4pp | 16.5%+2.2pp | N/A |
| Net Margin | 25.1%+8.5pp | 23.1%+9.1pp | 23.9%+8.6pp | 30.6%+14.2pp | 16.5%+4.0pp | 14.0%-3.4pp | 15.3%+2.5pp | 16.3%+5.6pp |
| Return on Equity | 5.1%+1.4pp | 5.3%+1.0pp | 4.3%+0.5pp | 5.8%+1.2pp | 3.7%+1.1pp | 4.3%-0.4pp | 3.8%+0.8pp | 4.6%+2.1pp |
| Return on Assets | 3.0%+0.6pp | 3.3%+0.1pp | 2.6%-0.2pp | 3.7%+0.4pp | 2.3%+0.4pp | 3.2%-0.4pp | 2.8%+0.5pp | 3.4%+1.5pp |
| Current Ratio | 2.28-0.3x | 2.53-1.1x | 2.38-1.2x | 2.62-0.9x | 2.54-1.1x | 3.61-0.1x | 3.550.0x | 3.49-0.4x |
| Debt-to-Equity | 0.70+0.1x | 0.60+0.3x | 0.66+0.3x | 0.56+0.2x | 0.57+0.2x | 0.340.0x | 0.360.0x | 0.370.0x |
| Asset Turnover | 0.120.0x | 0.14-0.1x | 0.11-0.1x | 0.12-0.1x | 0.140.0x | 0.230.0x | 0.180.0x | 0.210.0x |
| FCF Margin | 28.0% | -34.1%-67.1pp | 48.7%+41.8pp | 9.5%-12.7pp | 101.8% | 33.0%+12.8pp | 6.9%+2.4pp | 22.2%+64.2pp |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Espey Mfg & Elec ESP | FY2025 | $44.0M | $8.1M | 18.5% | $189.8M | 74/100 |
| Ultralife ULBI | FY2025 | $191.2M | -$5.9M | -3.1% | $102.1M | 42/100 |
| Neovolta NEOV | FY2025 | $8.4M | -$5.0M | -59.7% | $227.2M | 35/100 |
| SKYX Platforms SKYX | FY2025 | $92.0M | -$33.4M | -36.3% | $185.5M | 32/100 |
| Rf Industries RFIL | FY2025 | $80.6M | $75K | 0.1% | $114.0M | 40/100 |
| Tecogen TGEN | FY2025 | $27.1M | -$8.2M | -30.5% | $94.5M | 34/100 |
Where Espey Mfg & Elec Ranks
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 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.
What is Espey Mfg & Elec's current ratio?
Espey Mfg & Elec (ESP) had a current ratio of 2.62 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 P/E ratio?
Espey Mfg & Elec (ESP) trades at 17.6x earnings, its market capitalization divided by net income of $10.8M net income, trailing 12 months to March 31, 2026. The market capitalization is $189.8M as of Sep 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Espey Mfg & Elec's price-to-sales ratio?
Espey Mfg & Elec (ESP) trades at 4.5x sales, its market capitalization divided by revenue of $42.2M revenue, trailing 12 months to March 31, 2026. The market capitalization is $189.8M as of Sep 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Espey Mfg & Elec's Altman Z-Score?
Espey Mfg & Elec (ESP) has an Altman Z-Score of 6.17, 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 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 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 74 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.