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)
Type
Public
HQ
Glendale, US
Founded
1995
Size (employees)
3,892 (est)
Strattec Security was founded in 1995 and is headquartered in Glendale, US

Key People/Management at Strattec Security

Frank Krejci

Frank Krejci

President and Chief Executive Officer
Patrick Hansen

Patrick Hansen

Senior Vice President, Chief Financial Officer, Treasurer and Secretary
Rolando Guillot

Rolando Guillot

Senior Vice President, Operations
Brian Reetz

Brian Reetz

Vice President of Security Products
Richard Messina

Richard Messina

Vice President of Global Sales and Access Control Products
Al Hamdan

Al Hamdan

Vice President, Product Management

Strattec Security Office Locations

Strattec Security has an office in Glendale
Glendale, US (HQ)
3333 W Good Hope Rd
Show all (1)

Strattec Security Financials and Metrics

Strattec Security Financials

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

Revenue (Q2, 2018)

205.6 m

Gross profit (Q2, 2018)

26.1 m

Gross profit margin (Q2, 2018), %

13%

Net income (Q2, 2018)

7.1 m

EBIT (Q2, 2018)

5.9 m

Market capitalization (16-Feb-2018)

142.1 m

Cash (31-Dec-2017)

8.4 m
Strattec Security's current market capitalization is $142.1 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

411.5 m401.4 m

Revenue growth, %

(2%)

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, 2016Q3, 2017Q2, 2018

Revenue

79.6 m81.5 m85.3 m122.2 m102 m88.8 m96.5 m102.5 m100.2 m94 m109.7 m205.6 m

Cost of goods sold

65.1 m65.5 m70.4 m94.2 m83.5 m73.1 m80 m83.9 m85.6 m79.5 m92.3 m179.5 m

Gross profit

14.5 m15.9 m14.9 m28.1 m18.5 m15.8 m16.5 m18.6 m14.6 m14.5 m17.4 m26.1 m

Gross profit Margin, %

18%20%17%23%18%18%17%18%15%15%16%13%
USDFY, 2014FY, 2015FY, 2016

Cash

19.8 m25.7 m15.5 m

Accounts Receivable

1.2 m

Inventories

38.7 m

Current Assets

135.6 m138.2 m134.5 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2016Q3, 2016Q3, 2017Q2, 2018

Cash

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

Inventories

27.3 m30 m28.6 m32 m38.9 m35.8 m42 m45.2 m38.7 m41.7 m38.2 m42.3 m

Current Assets

107.5 m109.6 m119.7 m151.5 m136.4 m140.6 m137.1 m143.5 m138.8 m140.4 m130.5 m134.5 m

Total Assets

174.2 m179.9 m191.7 m234.8 m227.2 m234.4 m234.6 m243.7 m251.6 m247.3 m263.5 m288.5 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)

    Inventories

    (6.2 m)(4.3 m)(3.9 m)
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2016Q3, 2016Q3, 2017Q2, 2018

    Net Income

    3.9 m4.7 m4.2 m10.3 m6.9 m5.4 m3.8 m5.2 m2.4 m3.3 m5 m7.1 m

    Depreciation and Amortization

    6.7 m

    Accounts Receivable

    4.3 m

    Inventories

    (6.8 m)
      USDY, 2017

      Revenue/Employee

      52.8 k

      Financial Leverage

      1.6 x
      Show all financial metrics

      Strattec Security Operating Metrics

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

      Manufacturing Facilities

      1616161617

      Engineering Centers

      1313131313
      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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