Strattec Security

Strattec Security Corporation is one of the world's largest producer of automotive locks and keys. Strattec designs, develops, manufactures and markets mechanical locks, electronically enhanced locks and keys, and ignition lock housings; access control products, including latches, power sliding door systems, power lift gate systems, power deck lid systems, door handles and related access control products for North American and global automotive customers. The Company ships products to customer locations in the United States, Canada, Mexico, Europe, South America, Korea and China, and provides full service aftermarket support. Strattec Security also supplies products for the heavy truck and recreational vehicle markets, as well as precision die castings.
Company Growth (employees)
Glendale, US
Size (employees)
3,892 (est)
Strattec Security was founded in 1995 and is headquartered in Glendale, US

Strattec Security Office Locations

Strattec Security has an office in Glendale
Glendale, US (HQ)
3333 W Good Hope Rd

Strattec Security Financials and Metrics

Strattec Security Financials

Strattec Security's revenue was reported to be $401.4 m in FY, 2016

Revenue (Q3, 2017)

109.7 m

Gross profit (Q3, 2017)

17.4 m

Gross profit margin (Q3, 2017), %


Net income (Q3, 2017)

5 m

EBIT (Q3, 2017)

5.5 m

Market capitalization (13-Nov-2017)

169.5 m

Cash (04-Feb-2017)

5 m
Strattec Security's current market capitalization is $169.5 m.
USDFY, 2014FY, 2015FY, 2016


411.5 m401.4 m

Revenue growth, %


Cost of goods sold

338.8 m336.6 m

Gross profit

72.7 m64.8 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2016Q3, 2016Q2, 2017Q3, 2017


79.6 m81.5 m85.3 m122.2 m102 m88.8 m96.5 m102.5 m100.2 m94 m98.9 m109.7 m

Cost of goods sold

65.1 m65.5 m70.4 m94.2 m83.5 m73.1 m80 m83.9 m85.6 m79.5 m85.5 m92.3 m

Gross profit

14.5 m15.9 m14.9 m28.1 m18.5 m15.8 m16.5 m18.6 m14.6 m14.5 m13.5 m17.4 m

Gross profit Margin, %

USDFY, 2014FY, 2015FY, 2016


19.8 m25.7 m15.5 m

Accounts Receivable

1.2 m


38.7 m

Current Assets

135.6 m138.2 m134.5 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2016Q3, 2016Q2, 2017Q3, 2017


12.8 m20.4 m20.5 m22.5 m19.8 m28 m20 m17.9 m17.1 m23.2 m8.2 m5 m


27.3 m30 m28.6 m32 m38.9 m35.8 m42 m45.2 m38.7 m41.7 m39.1 m38.2 m

Current Assets

107.5 m109.6 m119.7 m151.5 m136.4 m140.6 m137.1 m143.5 m138.8 m140.4 m121.6 m130.5 m

Total Assets

174.2 m179.9 m191.7 m234.8 m227.2 m234.4 m234.6 m243.7 m251.6 m247.3 m240.6 m263.5 m
USDFY, 2014FY, 2015FY, 2016

Net Income

19.1 m24.6 m14.1 m

Depreciation and Amortization

8.3 m8.8 m10.1 m

Accounts Receivable

(179 k)(893 k)(27 m)


(6.2 m)(4.3 m)(3.9 m)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2016Q3, 2016Q2, 2017Q3, 2017

Net Income

3.9 m4.7 m4.2 m10.3 m6.9 m5.4 m3.8 m5.2 m2.4 m3.3 m1.6 m5 m

Accounts Payable

34.1 m35.1 m37 m29.4 m32.3 m40.4 m
USDY, 2017


28.3 k

Financial Leverage

1.6 x
Show all financial metrics

Strattec Security Operating Metrics

FY, 2015Nov, 2015May, 2016FY, 2016FY, 2017

Manufacturing Facilities


Engineering Centers

Show all operating metrics

Strattec Security Market Value History

Strattec Security's Web-traffic and Trends

Strattec Security Online and Social Media Presence

Strattec Security Company Life and Culture

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