Starrett

The L.S. Starrett Company was founded 1880 in Athol, MA, which is still the Company’s World Headquarters. Starrett has a history and reputation so rich and solid that the words “quality” and “Starrett” are virtually synonymous. The company employs about 2,000 people worldwide. Most precision tools continue to be manufactured in the Athol plant, where it is not uncommon to see devoted generations of toolmakers with 30 or more years of experience. Starrett, together with its subsidiaries, engages in the manufacture and sale of industrial, professional, and consumer products worldwide. The vast portfolio of over 5,000 products can be grouped in the categories of Precision Measuring Tools, Saws, Metrology Equipment, Precision Ground Stock, Granite, Job-site and shop tools. Starrett markets its products through distributors primarily to companies in the metalworking industry; and automotive, aviation, marine, and farm industries, as well as do-it-yourselfers and tradesmen, such as builders, carpenters, plumbers, and electricians.
Company Growth (employees)
Type
Public
HQ
Athol, US
Founded
1880
Size (employees)
1,804 (est)
Starrett was founded in 1880 and is headquartered in Athol, US

Starrett Office Locations

Starrett has an office in Athol
Athol, US (HQ)
121 Crescent St

Starrett Financials and Metrics

Starrett Financials

Starrett's revenue was reported to be $50.7 m in Q3, 2017
USD

Revenue (Q3, 2017)

50.7 m

Gross profit (Q3, 2017)

14.5 m

Gross profit margin (Q3, 2017), %

29%

Net income (Q3, 2017)

1 m

EBIT (Q3, 2017)

(853 k)

Market capitalization (20-Oct-2017)

59.1 m

Cash (31-Mar-2017)

17.1 m
Starrett's current market capitalization is $59.1 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

247.1 m241.6 m209.7 m

Revenue growth, %

(2%)(13%)

Cost of goods sold

166 m164.9 m162.7 m

Gross profit

81.1 m76.7 m47 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

60.2 m63.8 m56.1 m51 b53.7 b50.3 m48.9 b53.2 m50.7 m

Cost of goods sold

41 m41.7 m37.4 m35.2 b37.7 b35.6 m35 b36.4 m36.2 m

Gross profit

19.1 m22.2 m18.7 m15.9 b16 b14.7 m13.9 b16.8 m14.5 m

Gross profit Margin, %

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

Cash

16.2 m11.1 m19.8 m

Accounts Receivable

43.7 m40.3 m34.4 m

Inventories

65.6 m63 m56.3 m

Current Assets

147 m133.4 m120.9 m
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

12.9 m18.4 m22.2 m21.3 m16.7 m17.1 m

Accounts Receivable

29.2 m31.2 m31.7 m27.4 m31.4 m28 m

Inventories

60.1 m58.3 m57.7 m59 m58.2 m58.2 m

Current Assets

120.8 m118.2 m121.8 m115.5 m113.6 m110.7 m
USDFY, 2014FY, 2015FY, 2016

Net Income

6.7 m5.2 m(14.1 m)

Depreciation and Amortization

8.2 m7.4 m5.8 m

Accounts Receivable

(4.5 m)(2.6 m)2.8 m

Inventories

(7.5 m)(6.2 m)3.6 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

923 k3.4 m5.8 m(178 k)280 k877 k759 k1.8 m1 m

Depreciation and Amortization

2 m4 m5.8 m1.6 m3.1 m4.4 m1.4 m2.7 m4 m

Accounts Receivable

5.8 m5.9 m5.7 m6.8 m4.7 m4.7 m6.6 m1.8 m6.2 m

Inventories

(3.5 m)(6.2 m)(10.6 m)(2.3 m)(661 k)1.4 m(3.2 m)(3.4 m)(2.2 m)
USDY, 2017

Revenue/Employee

28.1 k

Financial Leverage

2 x
Show all financial metrics

Starrett Market Value History

Traffic Overview of Starrett

Starrett Online and Social Media Presence

Starrett News and Updates

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 …

Starrett Company Life and Culture

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