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Espey Mfg. & Electronics Corp.

AMEX•ESP
CEO: Mr. Alan Winslow
Sector: Industrials
Industry: Electrical Equipment & Parts
Listing Date: 1980-03-17
Espey Mfg. & Electronics Corp., a power electronics design and original equipment manufacturing company, designs, manufactures, and tests electronic equipment primarily for use in military and industrial applications in the United States. Its principal products include power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, and antennas for use in AC and DC locomotives, shipboard power and radar, airborne power, ground-based radar, and ground mobile power applications. The company also provides various services, such as design and development to specification, build to print, design services, design studies, environmental testing services, metal fabrication, and painting services, as well as development of automatic testing equipment. In addition, it produces individual components, which include inductors, as well as paints, wires, qualifies, and test items; populates printed circuit boards; and fabricates metalwork. The company serves industrial manufacturers and defense companies, the government of the United States, foreign governments, and foreign electronic equipment companies through its direct sales organization and outside sales representatives. It also exports its products. Espey Mfg. & Electronics Corp. was incorporated in 1928 and is based in Saratoga Springs, New York.
Contact Information
233 Ballston Avenue, Saratoga Springs, NY, 12866-4755, United States
518-584-4100
www.espey.com
Market Cap
$166.61M
P/E (TTM)
16.1
7.4
Dividend Yield
3.1%
52W High
$62.15
52W Low
$24.85
52W Range
84%
Rank30Top 19.5%
5.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q2 2026 Data

Revenue

$12.14M+0.00%
4-Quarter Trend

EPS

$1.02+0.00%
4-Quarter Trend

FCF

-$4.13M+0.00%
4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Net Income Significantly Increased Six-month Net Income reached $4.97M USD, showing strong growth of 41.9% compared to prior year period.
Gross Profit Margin Improvement Six-month Gross Profit totaled $7.43M USD, reflecting a 24.5% increase driven by product mix changes.
Order Backlog Growth Total backlog stands at $134.7M USD, increasing from $120.1M USD year-end 2024, supporting future revenue.
Working Capital Strengthened Working capital improved to $48.9M USD as of December 31, 2025, up from $40.2M USD last year.

Risk Factors

Six-Month Sales Decline Six-month Net Sales decreased 11.3% to $21.23M USD, primarily due to timing of milestone deliveries and product mix.
Customer Sales Concentration Four significant customers accounted for 65% of Q4 sales, exposing revenue stability to key relationships.
Engineering Program Risks Backlog conversion faces risks from technical delays, scheduling issues, and potential cost overruns on design contracts.
Inflationary Cost Pressures Inflationary costs and tariffs are expected to continue, potentially impacting operating income despite current stability.

Outlook

FY2026 Revenue Expectation Management expects fiscal year 2026 revenues to be higher than fiscal year 2025, driven by current backlog shipments.
Backlog Fulfillment Timeline Minimum $26.8M USD of current backlog orders are anticipated to be filled during the fiscal year ending June 30, 2026.
New Order Forecast New orders for fiscal year 2026 are currently anticipated to be lower than the $86.4M USD received in fiscal year 2025.
Converting Strategic Opportunities Company maintains $167.1M USD in outstanding opportunities, focusing efforts on converting these into tangible long-term results.

Peer Comparison

Revenue (TTM)

MVST stock ticker logoMVST
$444.50M
+19.8%
EML stock ticker logoEML
$248.97M
-9.5%
ULBI stock ticker logoULBI
$191.16M
+16.2%

Gross Margin (Latest Quarter)

SNT stock ticker logoSNT
67.3%
-0.7pp
MVST stock ticker logoMVST
37.6%
+4.5pp
ESP stock ticker logoESP
34.7%
+8.6pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
MVST$738.41M-4.8-38.9%15.5%
GIFI$191.98M21.39.7%12.9%
ESP$166.61M16.119.1%0.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
5.6%
Steady Growth
4Q Net Income CAGR
18.1%
Profitability Improved
Cash Flow Stability
75%
Volatile Cash Flow

Deep Research

Next earnings:May 11, 2026
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