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)
Athol, US
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 Data and Metrics

Starrett Financial Metrics

Starrett's revenue was reported to be $209.7 m in FY, 2016 which is a 13% decrease from the previous period.
$, USD

Revenue (FY, 2016)

209.7 m

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


Gross profit (FY, 2016)

47 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(14.1 m)

EBIT (FY, 2016)

(20.4 m)

Market capitalization (23-Jun-2017)

59.6 m

Closing share price (23-Jun-2017)


Cash (30-Jun-2016)

19.8 m
Starrett's current market capitalization is $59.6 m.
$, USDFY, 2014FY, 2015FY, 2016


247.1 m241.6 m209.7 m

Revenue growth, %


Cost of goods sold

166 m164.9 m162.7 m

Gross profit

81.1 m76.7 m47 m

Gross profit Margin, %


General and administrative expense

69.2 m68.1 m63.3 m

Operating expense total

69.2 m68.1 m63.3 m


11.9 m8.6 m(20.4 m)

EBIT margin, %


Pre tax profit

12.1 m9.9 m

Income tax expense

5.3 m4.7 m(6.2 m)

Net Income

6.7 m5.2 m(14.1 m)
$, USDFY, 2014FY, 2015FY, 2016


16.2 m11.1 m19.8 m

Accounts Receivable

43.7 m40.3 m34.4 m


65.6 m63 m56.3 m

Current Assets

147 m133.4 m120.9 m


51.5 m44.4 m41 m


3 m3 m3 m

Total Assets

239.2 m212.3 m201.6 m

Accounts Payable

10 m9.5 m9 m

Current Liabilities

35.7 m23.6 m21.8 m

Common Stock

6.2 m6.2 m6.3 m

Additional Paid-in Capital

54.1 m54.9 m55.2 m

Retained Earnings

95.7 m98.2 m81.2 m

Total Equity

114.4 m91.5 m

Financial Leverage

1.9 x2.2 x
$, 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


(7.5 m)(6.2 m)3.6 m

Accounts Payable

13.6 m34.7 m

Cash From Operating Activities

(3.5 m)(5.1 m)8.7 m

Purchases of PP&E

(7.5 m)

Cash From Investing Activities

(8 m)(5.5 m)(619 k)

Dividends Paid

(2.8 m)(2.8 m)(2.8 m)

Cash From Financing Activities

(6.7 m)(3.5 m)(4.3 m)

Interest Paid

813 k724 k654 k
$, USDY, 2016


116.2 k

Financial Leverage

2.2 x

Starrett Market Value History

Starrett Online and Social Media Presence

Starrett Company Life and Culture

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