Strattec Security

STRATTEC SECURITY CORPORATION, headquartered in Milwaukee, Wisconsin, 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. STRATTEC ships products to customer locations in the United States, Canada, Mexico, Europe, South America, Korea and China, and provides full service aftermarket support. STRATTEC also supplies products for the heavy truck and recreational vehicle markets, as well as precision die castings. STRATTEC's mission is to provide the highest value mechanical, electro-mechanical and electronic security/access control products for the global motor vehicle industry. We will do so in a manner which ensures our customers' total satisfaction with the products and services we supply and provides enhanced economic value to our shareholders.
Glendale, US
Size (employees)
3,877 (est)+14%
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 Data and Metrics

Strattec Security Financial Metrics

Strattec Security's revenue was reported to be $401.4 m in FY, 2016 which is a 2% decrease from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

401.4 m

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


Gross profit (FY, 2016)

64.8 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

14.1 m

EBIT (FY, 2016)

20.9 m

Market capitalization (26-May-2017)

125 m

Closing share price (26-May-2017)


Cash (03-Jul-2016)

15.5 m
Strattec Security's current market capitalization is $125 m.
Numbers are in $, 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

Gross profit Margin, %



31.1 m20.9 m

EBIT margin, %


Interest income

185 k25 k

Net Income

19.1 m24.6 m14.1 m
Numbers are in $, USDFY, 2014FY, 2015FY, 2016


19.8 m25.7 m15.5 m

Accounts Receivable

1.2 m

Current Assets

135.6 m138.2 m134.5 m


55.8 m71.1 m85.1 m

Total Assets

213 m235.4 m242.2 m

Accounts Payable

36.1 m27.8 m32.4 m

Current Liabilities

65.3 m64.7 m64.2 m

Additional Paid-in Capital

87.1 m89.6 m92.1 m

Retained Earnings

194.5 m213.4 m220.7 m

Total Equity

152.4 m154.5 m

Financial Leverage

1.5 x1.6 x
Numbers are in $, 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)

Accounts Payable

203 k1.8 m

Cash From Operating Activities

11.5 m31.5 m8.2 m

Purchases of PP&E

(12.8 m)(26.1 m)(23.5 m)

Cash From Investing Activities

(13 m)(30.8 m)(25.3 m)

Dividends Paid

(1.5 m)(1.7 m)(1.9 m)

Cash From Financing Activities

961 k5.8 m7.2 m

Interest Paid

42 k47 k157 k

Income Taxes Paid

5.4 m14.8 m4.7 m
Numbers are in $, USDY, 2016


117.4 k

Financial Leverage

1.6 x

Strattec Security Market Value History

Strattec Security Online and Social Media Presence

Strattec Security Company Life and Culture

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