OverviewSuggest Edit

Servotronics is a company that designs, manufactures, and markets advanced technology products consisting primarily of control components and consumer products consisting of knives and various types of cutlery and other edged products. Its products include servocontrol valves, torque motors, actuators, pressure regulators, metallic seals, and other products which are used in a variety of applications. The company serves the commercial aerospace, aircraft, and government related industries, as well as medical and industrial markets.
TypePublic
Founded1959
HQElma Center, NY, US
Websiteservotronics.com
Employee Ratings1.9

Latest Updates

Employees (est.) (Dec 2020)316(-14%)
Job Openings22
Revenue (FY, 2020)$49.8 M(-9%)
Share Price (Sept 2021)$11.8(+6%)
Cybersecurity ratingCMore

Key People/Management at Servotronics

Kenneth D. Trbovich

Kenneth D. Trbovich

Chairman, CEO, and President
Lisa F. Bencel

Lisa F. Bencel

CFO
James Takacs

James Takacs

COO
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Servotronics Office Locations

Servotronics has an office in Elma Center
Elma Center, NY, US (HQ)
1110 Maple Rd
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Servotronics Financials and Metrics

Servotronics Revenue

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Servotronics's revenue was reported to be $49.84 m in FY, 2020 which is a 9.8% decrease from the previous period.
USD

Revenue (Q2, 2021)

10.0m

Gross profit (Q2, 2021)

1.9m

Gross profit margin (Q2, 2021), %

18.7%

Net income (Q2, 2021)

1.2m

EBIT (Q2, 2021)

(337.0k)

Market capitalization (14-Sept-2021)

27.8m

Closing stock price (14-Sept-2021)

11.8

Cash (30-Jun-2021)

9.6m

EV

28.1m
Servotronics's current market capitalization is $27.8 m.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

47.9m55.3m49.8m

Revenue growth, %

15%15%(10%)

Cost of goods sold

35.8m43.1m41.6m

Gross profit

12.1m12.1m8.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

12.0m14.1m12.4m15.4m13.5m10.3m9.1m10.0m

Cost of goods sold

9.9m10.8m8.8m10.7m10.5m10.5m8.1m8.2m

Gross profit

2.1m3.3m3.5m4.7m3.0m(165.0k)993.0k1.9m

Gross profit Margin, %

17%23%29%31%22%(2%)11%19%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

2.6m2.0m5.9m

Accounts Receivable

10.6m13.2m7.6m

Inventories

15.2m20.2m23.4m

Current Assets

29.1m36.3m37.8m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

2.2m1.8m1.2m1.7m7.1m7.5m6.8m9.6m

Accounts Receivable

10.9m11.0m10.9m13.0m10.3m6.8m7.7m7.9m

Inventories

15.7m16.9m19.9m23.5m25.1m25.2m22.3m21.3m

Current Assets

29.7m30.5m32.4m38.9m43.1m40.8m39.5m40.8m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

3.5m2.1m100.0k

Depreciation and Amortization

1.0m1.3m1.4m

Inventories

(2.5m)(4.9m)(3.5m)

Accounts Payable

1.1m2.0m(2.9m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

98.0k812.0k1.9m1.9m2.9m1.1m541.0k1.7m

Depreciation and Amortization

274.0k563.0k902.0k354.0k718.0k1.1m356.0k714.0k

Inventories

(437.0k)(1.8m)(4.7m)(3.4m)(5.1m)(5.2m)1.1m2.1m

Accounts Payable

933.0k1.2m848.0k72.0k(715.0k)(1.2m)146.0k(264.0k)
USDFY, 2018

EV/CFO

29.2 x

Revenue/Employee

145.0k

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.3 x

P/E Ratio

6.7
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Servotronics Acquisitions / Subsidiaries

Company NameDateDeal Size
87 South Main Corp.
Aero Metal Products
G.N. Metal Products, Inc.
King Cutlery, Inc.
MRO Corporation
Ontario Knife Company
Queen Cutlery Company
Servotronics, Inc.
SVT Management, Inc.
TSV ELMA, Inc.
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Servotronics Revenue Breakdown

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Servotronics revenue breakdown by business segment: 81.8% from Advanced Technology and 18.2% from Consumer products

Servotronics Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Servotronics Online and Social Media Presence

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Servotronics News and Updates

Servotronics, Inc. Receives Supplier Of The Year Awards

ELMA, N.Y., May 4, 2021 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products announced that it received the 2020 Supplier of the Year award from Collins Aerospace. Servotronics received the...

Servotronics, Inc. Announces Third Quarter Results For The Period Ended September 30, 2020

ELMA, N.Y., Nov. 13, 2020 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products announced today the results of its operations for the quarter ended September 30, 2020. In the third quarter of...

Servotronics, Inc. Announces The Hiring Of Manufacturing Executive Michael F. McKee As Vice President Of Operations

ELMA, N.Y., Sept. 30, 2019 /PRNewswire/ -- Servotronics, Inc. (NYSE AMERICAN – SVT) a designer and manufacturer of servo-control components and other advanced technology products announces the hiring of Michael F. McKee in the role of Vice President of Operations. The Company's...

Servotronics, Inc. (NYSE MKT- SVT) Declares Cash Dividend Of $0.16 Per Share

ELMA, N.Y., May 15, 2019 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT), today announced that its Board of Directors declared a $0.16 per share cash dividend. The dividend will be paid on July 15, 2019 to shareholders of record on June 28, 2019. This dividend does not represent...

Servotronics, Inc. Announces First Quarter Results For The Period Ended March 31, 2019

ELMA, N.Y., May 14, 2019 /PRNewswire/ -- Servotronics, Inc. (NYSE American: SVT) a designer and manufacturer of servo-control components and other advanced technology products announced today the results of its operations for the quarter ended March 31, 2019. Revenues for the quarter were ...

Servotronics, Inc. Announces 2018 Operating Results

ELMA, N.Y., March 14, 2019 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products announced today the results of its operations for the year ended December 31, 2018. Net income for year ended...
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Servotronics Blogs

Servotronics, Inc. Annual Meeting of Shareholders 2021

1110 Maple Street ♦ P.O. Box 300 ♦ Elma, New York 14059-0300 ♦ 716-655-5990 ♦ FAX 716-655-6012 MAY 21, 2021 SERVOTRONICS, INC. PROVIDES LINK TO THE 2021 ANNUAL SHAREHOLDERS MEETING Elma, NY – Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other a…

2021 1st Quarter Report

1110 Maple Street ♦ P.O. Box 300 ♦ Elma, New York 14059-0300 ♦ 716-655-5990 ♦ FAX 716-655-6012 MAY 14, 2021 SERVOTRONICS, INC. ANNOUNCES FIRST QUARTER RESULTS FOR THE PERIOD ENDED MARCH 31, 2021 Elma, NY – Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control componen…

2020 Year End Income and Revenues

1110 Maple Street ♦ P.O. Box 300 ♦ Elma, New York 14059-0300 ♦ 716-655-5990 ♦ FAX 716-655-6012 April 6, 2021 Servotronics, Inc. Announces 2020 Operating Results ELMA, NY — Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology p…

2020 3rd Quarter Report

1110 Maple Street ♦ P.O. Box 300 ♦ Elma, New York 14059-0300 ♦ 716-655-5990 ♦ FAX 716-655-6012 November 13, 2020 SERVOTRONICS, INC. ANNOUNCES THIRD QUARTER RESULTS FOR THE PERIOD ENDED SEPTEMBER 30, 2020 Elma, NY — Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control…

2020 2nd Quarter Report

1110 Maple Street ♦ P.O. Box 300 ♦ Elma, New York 14059-0300 ♦ 716-655-5990 ♦ FAX 716-655-6012 August 13, 2020 SERVOTRONICS, INC. ANNOUNCES SECOND QUARTER RESULTS FOR THE PERIOD ENDED JUNE 30, 2020 Elma, NY – Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control compo…

2020 1st Quarter Report

1110 Maple Street ♦ P.O. Box 300 ♦ Elma, New York 14059-0300 ♦ 716-655-5990 ♦ FAX 716-655-6012 MAY 13, 2020 SERVOTRONICS, INC. ANNOUNCES FIRST QUARTER RESULTS FOR THE PERIOD ENDED MARCH 31, 2020 Elma, NY – Servotronics, Inc. (NYSE American: SVT), a designer and manufacturer of servo-control componen…
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Servotronics Frequently Asked Questions

  • When was Servotronics founded?

    Servotronics was founded in 1959.

  • Who are Servotronics key executives?

    Servotronics's key executives are Kenneth D. Trbovich, Lisa F. Bencel and James Takacs.

  • How many employees does Servotronics have?

    Servotronics has 316 employees.

  • What is Servotronics revenue?

    Latest Servotronics annual revenue is $49.8 m.

  • What is Servotronics revenue per employee?

    Latest Servotronics revenue per employee is $157.7 k.

  • Who are Servotronics competitors?

    Competitors of Servotronics include Thuro Metal Products, Ashcroft and Elmo Motion Control.

  • Where is Servotronics headquarters?

    Servotronics headquarters is located at 1110 Maple Rd, Elma Center.

  • Where are Servotronics offices?

    Servotronics has an office in Elma Center.

  • How many offices does Servotronics have?

    Servotronics has 1 office.