National Presto

National Presto is recognized as a leader in the electric housewares industry due to its long history of innovation which has created major new categories of products. Expansion into these new product fields was the result of a long range planning and development program. It is the company's intention to continually provide innovative new products which meet the needs of today's changing lifestyles, as well as a wide selection of basic appliances which reflect the image of quality long associated with the Presto® name.

Type

Public

Eau Claire, US

Founded

1905

Size (employees)

1,090 (est)

Website

gopresto.com

National Presto was founded in 1905 and is headquartered in Eau Claire, US

National Presto Office Locations

National Presto has an office in Eau Claire

Eau Claire, US (HQ)

925 N Hastings Way

National Presto Data and Metrics

National Presto Financial Metrics

National Presto's revenue was reported to be $341.9 m in FY, 2016 which is a 20% decrease from the previous period.

Summary

USD

National Presto's current market capitalization is $780.8 m.

Source: SEC Filings

Income Statement

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	420.2 m	412.4 m	427.7 m	341.9 m
Revenue growth, %		(2%)	4%	(20%)
Cost of goods sold	340.8 m	335.2 m	338.1 m	256.2 m
Gross profit	79.4 m	77.2 m	89.6 m	85.7 m
Gross profit Margin, %	19%	19%	21%	25%
EBIT	57.6 m	39.9 m	60.4 m	62.5 m
EBIT margin, %	14%	10%	14%	18%
Net Income	41.3 m	26.5 m	40.5 m	44.6 m

Source: SEC Filings

Balance Sheet

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	23 m	54 m	56.2 m	27 m
Accounts Receivable	85.4 m	70.2 m	69.4 m	67.3 m
Current Assets	264.1 m	256.9 m	261.6 m	340.5 m
PP&E	89.6 m	95.5 m	91.3 m	49.5 m
Goodwill	11.5 m	11.5 m	11.5 m	11.5 m
Total Assets	393.5 m	378.4 m	387.4 m	417.6 m
Accounts Payable	38.3 m	32.9 m	32.5 m	39.6 m
Current Liabilities	54.2 m	48.6 m	48.1 m	64.4 m
Additional Paid-in Capital	5 m	5.9 m	6.8 m	7.9 m
Retained Earnings	336.9 m	328.4 m	340.8 m	350.2 m
Total Equity	332.6 m	325.4 m	339.3 m	350.2 m
Financial Leverage	1.2 x	1.2 x	1.1 x	1.2 x

Cash Flow

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	41.3 m	26.5 m	40.5 m	44.6 m
Accounts Receivable	(8.5 m)	16.5 m	708 k	(13.5 m)
Inventories	(9.2 m)	8.1 m	(9.4 m)	(7.5 m)
Cash From Operating Activities	24.2 m	73.2 m	46.3 m	66.4 m
Purchases of PP&E	(36.3 m)	(11.3 m)
Cash From Investing Activities	(38.7 m)	(7.5 m)	(16.3 m)	(60.8 m)
Dividends Paid		(35 m)	(28.1 m)	(35.2 m)
Cash From Financing Activities		(34.6 m)	(27.8 m)	(34.7 m)
Income Taxes Paid	19.1 m	17.4 m	21.9 m	17.3 m