Sparton Corporation (Sparton) provides electromechanical devices with capabilities that include concept development, industrial design, design and manufacturing engineering, production, distribution, and field service. It operates in three segments: Medical Device (Medical), Defense & Security Systems (DSS), and Electronic Manufacturing Services (EMS). Its products and services include products for original equipment manufacturers (OEM) and emerging technology (ET) customers. These products are microprocessor-based systems, which include transducers, printed circuit boards and assemblies, sensors and electromechanical components, as well as development and design engineering services relating to these product sales. Sparton also develops and manufactures sonobuoys, an anti-submarine warfare (ASW) device.

Type
Public
HQ
Schaumburg, US
Founded
1900
Size (employees)
1,697 (est)-6%
Sparton was founded in 1900 and is headquartered in Schaumburg, US

Sparton Office Locations

Sparton has offices in Schaumburg, Strongsville, Longmont, De Leon Springs and in 9 other locations
Schaumburg, US (HQ)
425 N. Martingale Road
Watertown, US
2920 Kelly Ave
Milpitas, US
1940 Milmont Dr
Vaughan, CA
4 Rowntree Dairy Rd
Pittsford, US
160 Office Park Way
Irvine, US
2602 Mc Gaw Ave
Birdsboro, US
1 Riga Ln
Plaistow, US
27 Hale Spring Rd
Minneapolis, US
16305 36th Ave N
Watertown, US
2920 Kelly Avenue
Brooksville, US
30167 Power Line Rd
De Leon Springs, US
5612 Johnson Lake Rd
Longmont, US
4300 Godding Hollow Pkwy
Strongsville, US
22740 Lunn Rd

Sparton Data and Metrics

Sparton Financial Metrics

Sparton's revenue was reported to be $419.4 m in FY, 2016 which is a 10% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

419.4 m

Revenue growth (FY, 2015 - FY, 2016), %

10%

Gross profit (FY, 2016)

80.1 m

Gross profit margin (FY, 2016), %

19%

Net income (FY, 2016)

(38.3 m)

EBIT (FY, 2016)

(51.8 m)

Market capitalization (22-Jun-2017)

180.6 m

Closing share price (22-Jun-2017)

18.5

Cash (03-Jul-2016)

132 k
Sparton's current market capitalization is $180.6 m.
FY, 2014FY, 2015FY, 2016

Revenue

336.1 m382.1 m419.4 m

Revenue growth, %

14%10%

Cost of goods sold

307.5 m339.2 m

Gross profit

64.5 m74.7 m80.1 m

Gross profit Margin, %

19%20%19%

Operating expense total

44.6 m57.4 m131.9 m

EBIT

19.9 m17.3 m(51.8 m)

EBIT margin, %

6%5%(12%)

Interest expense

2.5 m3.8 m

Interest income

3 k

Pre tax profit

15 m(55.5 m)

Income tax expense

4 m(17.2 m)

Net Income

13 m11 m(38.3 m)
FY, 2014FY, 2015FY, 2016

Cash

8 m14.9 m132 k

Inventories

2.7 m5.5 m5.8 m

Current Assets

116.6 m175.6 m130.6 m

PP&E

28.5 m32.6 m33.3 m

Goodwill

28.2 m74.2 m12.7 m

Total Assets

199 m337.6 m246 m

Accounts Payable

16.5 m29.9 m38.3 m

Current Liabilities

41.1 m58.6 m62.4 m

Additional Paid-in Capital

19.5 m16 m16.4 m

Retained Earnings

78.9 m89.9 m51.7 m

Total Equity

116.9 m78.6 m

Financial Leverage

2.9 x3.1 x
FY, 2014FY, 2015FY, 2016

Net Income

13 m11 m(38.3 m)

Depreciation and Amortization

8.1 m6.6 m9.6 m

Accounts Receivable

4.9 m(7 m)23.8 m

Accounts Payable

(2.7 m)(11.3 m)8 m

Cash From Operating Activities

12.5 m4.5 m48.1 m

Purchases of PP&E

(3.5 m)(5.8 m)(6.1 m)

Cash From Investing Activities

(39 m)(104.1 m)(4.8 m)

Long-term Borrowings

(40.6 m)(102.3 m)

Cash From Financing Activities

28.5 m106.5 m(58.1 m)

Interest Paid

631 k1.7 m3.5 m

Income Taxes Paid

7.1 m7.2 m766 k
Numbers are in $, USDY, 2016

Revenue/Employee

230 k

Financial Leverage

3.1 x

Sparton Market Value History

Sparton Online and Social Media Presence

Sparton Company Life and Culture

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