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The L.S. Starrett Company manufactures and sells industrial, professional, and consumer measuring and cutting tools. The Company's products include precision tools, electronic gages, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, squares, and a wide range of saws and blades. It also provides measuring tools, such as micrometers, vernier calipers, height and depth gages, electronic gages, dial indicators, steel rules, and combination squares, as well as custom, non-contact, and in-process gaging products comprising optical, vision, and laser measurement systems. The L.S. Starrett Company offers material test systems comprising manual and automated field of view measurement systems, and hand tools for measuring, marking, and layout that include tapes, levels, chalk lines, and other products for building trades, as well as construction and retail trades. 

TypePublic
Founded1880
HQAthol, US
Websitestarrett.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Feb 2019)1,572
Job Openings3
Revenue (FY, 2018)$216.3 M(+5%)
Share Price (Mar 2019)$7.4

Starrett Office Locations

Starrett has offices in Athol, Westlake, Laguna Hills, Mount Airy and in 13 other locations
Athol, US (HQ)
121 Crescent St
Columbus, US
1245 Broadway
Laguna Hills, US
26052 Merit Cir #103
Laguna Hills, US
26052 Merit Cir #103
Mount Airy, US
1372 Boggs Dr
Mount Airy, US
1372 Boggs Dr
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Starrett Financials and Metrics

Starrett Revenue

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Starrett's revenue was reported to be $216.33 m in FY, 2018 which is a 4.5% increase from the previous period.
USD

Revenue (Q2, 2019)

56.5m

Gross profit (Q2, 2019)

18.4m

Gross profit margin (Q2, 2019), %

32.6%

Net income (Q2, 2019)

1.9m

EBIT (Q2, 2019)

3.3m

Market capitalization (22-Mar-2019)

51.3m

Closing stock price (22-Mar-2019)

7.4

Cash (31-Dec-2018)

13.4m

EV

55.3m
Starrett's current market capitalization is $51.3 m.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

247.1m241.6m209.7m207.0m216.3m

Revenue growth, %

(2%)(13%)(1%)4%

Cost of goods sold

166.0m164.9m162.7m145.1m147.4m

Gross profit

81.1m76.7m47.0m62.0m69.0m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

57.5m61.8m58.3m60.2m63.8m56.1m51.0m53.7m50.3m48.9m53.2m50.7m51.8m103.9m158.8m51.9m56.5m

Cost of goods sold

39.7m41.5m39.0m41.0m41.7m37.4m35.2m37.7m35.6m35.0m36.4m36.2m35.3m71.5m108.2m35.4m38.1m

Gross profit

17.8m20.3m19.3m19.1m22.2m18.7m15.9m16.0m14.7m13.9m16.8m14.5m16.5m32.5m50.5m16.5m18.4m

Gross profit Margin, %

31%33%33%32%35%33%31%30%29%28%32%29%32%31%32%32%33%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

16.2m11.1m19.8m14.6m14.8m

Accounts Receivable

43.7m40.3m34.4m30.4m33.1m

Prepaid Expenses

5.9m7.0m

Inventories

65.6m63.0m56.3m58.1m58.0m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

21.1m16.6m16.1m18.3m12.9m18.4m22.2m21.3m16.7m17.1m12.1m15.1m15.4m14.0m13.4m

Accounts Receivable

34.0m34.9m34.4m35.3m29.2m31.2m31.7m27.4m31.4m28.0m28.9m29.3m31.7m31.0m31.6m

Inventories

58.2m60.4m65.9m66.0m60.1m58.3m57.7m59.0m58.2m58.2m62.1m61.8m63.8m58.0m60.7m

Current Assets

134.5m132.5m137.0m140.8m120.8m118.2m121.8m115.5m113.6m110.7m111.7m115.1m118.5m110.9m114.3m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

6.7m5.2m(14.1m)991.0k(3.6m)

Depreciation and Amortization

8.2m8.7m7.2m7.0m7.5m

Inventories

(7.5m)(6.2m)3.6m(2.5m)(3.5m)

Accounts Payable

13.6m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

216.0k2.0m3.7m923.0k3.4m5.8m(178.0k)280.0k877.0k759.0k1.8m1.0m426.0k(6.1m)(4.5m)584.0k2.5m

Depreciation and Amortization

2.0m4.1m6.1m2.0m4.0m5.8m1.6m3.1m4.4m1.4m2.7m4.0m1.4m2.8m5.7m1.8m3.7m

Inventories

(1.1m)(4.2m)(8.8m)(3.5m)(6.2m)(10.6m)(2.3m)(661.0k)1.4m(3.2m)(3.4m)(2.2m)(2.6m)(3.2m)(4.7m)(1.1m)(3.3m)

Cash From Operating Activities

5.2m5.6m8.1m4.8m5.5m6.4m4.9m6.2m11.7m491.0k(984.0k)3.0m856.0k635.0k1.6m905.0k2.8m
USDY, 2018

EV/EBIT

16.9 x

EV/CFO

19.7 x

Revenue/Employee

36.0k

Financial Leverage

2 x
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Starrett Revenue Breakdown

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Starrett revenue breakdown by geographic segment: 39.8% from International and 60.2% from North America

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Starrett Online and Social Media Presence

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Starrett News and Updates

Micrometers Market to Set Phenomenal Growth by 2025| Mitutoyo, Starrett, Alpa Srl, Hexagon AB

HTF MI released a new market study on Global Micrometers Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The study covers important players Such as Mitutoyo, Starrett…

SME Education Foundation Partners to Provide Certification in Precision Measurement for High School Career Training

SOUTHFIELD, Mich., Aug. 2, 2018 /PRNewswire/ -- Taking part in the National Coalition of Certification Centers (NC3) recent Leadership Summit, the SME Education Foundation has announced a partnership with NC3, Snap-on Inc., and the L.S. Starrett Company to provide custom training in...

Hacksaw Blades Market: Players, Consumption & Forecast for Next 5 Years

The study of the Hacksaw Blades market by HTF MI provides the market size information and market trends along with factors and parameters impacting it in both short- and long-term. Posted via Industry Today. Follow us on Twitter @IndustryToday

Barrus celebrates its 100 year anniversary

P. Barrus Ltd is pleased to announce that September 18, 2017 marks their official 100-year birthday. It all began in 1917 when Ernest Prouty Barrus set up a company in the UK to supply Starrett precision tools including micrometers and measuring equipment and distribute them throughout Europe. Over …
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Starrett Frequently Asked Questions

  • When was Starrett founded?

    Starrett was founded in 1880.

  • How many employees does Starrett have?

    Starrett has 1,572 employees.

  • What is Starrett revenue?

    Latest Starrett annual revenue is $216.3 m.

  • What is Starrett revenue per employee?

    Latest Starrett revenue per employee is $137.6 k.

  • Who are Starrett competitors?

    Competitors of Starrett include Cessco, Severfield and Creative Sign Designs.

  • Where is Starrett headquarters?

    Starrett headquarters is located at 121 Crescent St, Athol.

  • Where are Starrett offices?

    Starrett has offices in Athol, Westlake, Laguna Hills, Mount Airy and in 13 other locations.

  • How many offices does Starrett have?

    Starrett has 20 offices.