OverviewSuggest Edit
Starrett is a company that manufactures and sells industrial, professional, and consumer measuring and cutting tools. Its products include precision tools, electronic gages, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, squares, and various saws and blades. The company provides 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. It also offers material test systems comprising the manual and automated field of view measurement systems, and hand tools for measuring, marking, and layout, as well as other products for building, construction, and retail trades.
| Type | Public | |
| Founded | 1880 | |
| HQ | Athol, MA, US | Map |
| Website | starrett.com | |
| Employee Ratings | More |
Recent NewsAll News
- Turbopower Announces Appointment of Scott Starrett to Board of Directors
- Fallon Health helps fund new Starrett Center for Emergency Care at Athol Hospital
- Micrometers Market to Set Phenomenal Growth by 2025| Mitutoyo, Starrett, Alpa Srl, Hexagon AB
- SME Education Foundation Partners to Provide Certification in Precision Measurement for High School Career Training
Key People/Management at Starrett
Douglas Starrett
John Tripp
Starrett Office Locations
Starrett Financials and Metrics
Starrett Revenue
| USD | |
|---|---|
Revenue (Q1, 2022) | 61.5m |
Gross profit (Q1, 2022) | 20.1m |
Gross profit margin (Q1, 2022), % | 32.7% |
Net income (Q1, 2022) | 3.2m |
EBIT (Q1, 2022) | 4.1m |
Market capitalization (31-Dec-2021) | 64.0m |
Closing stock price (31-Dec-2021) | 9.4 |
Cash (30-Sept-2021) | 6.6m |
EV | 91.6m |
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 51.9m | 56.5m | 58.5m | 52.1m | 56.9m | 50.0m | 49.4m | 54.1m | 54.9m | 61.5m |
Cost of goods sold | 35.4m | 38.1m | 39.5m | 34.4m | 38.2m | 35.2m | 33.8m | 36.4m | 36.8m | 41.4m |
Gross profit | 16.5m | 18.4m | 19.0m | 17.7m | 18.6m | 14.8m | 15.6m | 17.6m | 18.1m | 20.1m |
Gross profit Margin, % | 32% | 33% | 33% | 34% | 33% | 30% | 32% | 33% | 33% | 33% |
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 14.0m | 13.4m | 12.9m | 10.5m | 9.4m | 10.2m | 11.6m | 14.6m | 11.2m | 6.6m |
Accounts Receivable | 31.0m | 31.6m | 32.6m | 31.3m | 34.0m | 29.1m | 30.6m | 34.4m | 34.5m | 39.1m |
Inventories | 58.0m | 60.7m | 63.2m | 64.5m | 65.1m | 58.3m | 50.1m | 51.0m | 52.5m | 61.2m |
Current Assets | 110.9m | 114.3m | 116.3m | 113.1m | 114.9m | 104.2m | 101.2m | 109.4m | 108.6m | 122.4m |
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 584.0k | 2.5m | 4.6m | 778.0k | 2.0m | 2.7m | 4.1m | 8.0m | 11.0m | 3.2m |
Depreciation and Amortization | 1.8m | 3.7m | 5.5m | 1.8m | 3.5m | 5.3m | 1.7m | 3.3m | 4.8m | 1.6m |
Inventories | (1.1m) | (3.3m) | (5.5m) | (5.1m) | (4.1m) | (3.1m) | 3.2m | 4.6m | 1.4m | (2.9m) |
Cash From Operating Activities | 905.0k | 2.8m | 4.7m | (3.5m) | (2.3m) | (3.9m) | 3.7m | 2.4m | 2.7m | (5.8m) |
| USD | Q1, 2019 |
|---|---|
Debt/Equity | 0.2 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.1 x |
Starrett Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Bytewise Development | November 23, 2011 | |
| Kinemetric Engineering | July 18, 2007 | $2.3 m |
| Tru-Stone Technologies | August 18, 2006 | $19.8 m |
| Evans Rule | January 01, 1986 | |
| Webber Gage | January 01, 1962 | |
| Starrett (Asia) Pte Ltd. | ||
| Starrett Bytewise Development, Inc. | ||
| Starrett GmbH | ||
| Starrett Industria E Commercio Ltda. | ||
| Starrett Kinemetric Engineering, Inc. |
Starrett Revenue Breakdown
Starrett revenue breakdown by geographic segment: 54.5% from North America and 45.5% from International
Starrett Cybersecurity Score
Starrett Online and Social Media Presence
3.89k Twitter followers
Starrett has 3.89k Twitter Followers. The number of followers has decreased 0.4% month over month and decreased 1.5% quarter over quarter
Starrett's Trends
Twitter Engagement Stats for @StarrettTools
1.1k
Tweets
152
Following
3.9k
Followers
6
Tweets last 30 days
1.3
Avg. likes per Tweet
66.7%
Tweets with engagement
Starrett News and Updates
Turbopower Announces Appointment of Scott Starrett to Board of Directors
Fallon Health helps fund new Starrett Center for Emergency Care at Athol Hospital
Micrometers Market to Set Phenomenal Growth by 2025| Mitutoyo, Starrett, Alpa Srl, Hexagon AB
SME Education Foundation Partners to Provide Certification in Precision Measurement for High School Career Training
Hacksaw Blades Market: Players, Consumption & Forecast for Next 5 Years
Barrus celebrates its 100 year anniversary
Starrett Frequently Asked Questions
When was Starrett founded?
Starrett was founded in 1880.
Who are Starrett key executives?
Starrett's key executives are Douglas Starrett and John Tripp.
How many employees does Starrett have?
Starrett has 1,436 employees.
What is Starrett revenue?
Latest Starrett annual revenue is $219.6 m.
What is Starrett revenue per employee?
Latest Starrett revenue per employee is $153 k.
Who are Starrett competitors?
Competitors of Starrett include Transcat, Fluke and Snap-on.
Where is Starrett headquarters?
Starrett headquarters is located at 121 Crescent St, Athol.
Where are Starrett offices?
Starrett has offices in Athol, Columbus, Laguna Hills, Mount Airy and in 11 other locations.
How many offices does Starrett have?
Starrett has 16 offices.
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