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Strattec Security

OverviewSuggest Edit

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.
TypePublic
Founded1995
HQGlendale, USMap
Websitestrattec.com
Employee Ratings3.3More
View Jobs (12)

Locations

Strattec Security is headquartered in
Glendale, United States

Location Map
All Locations (5)

Latest Updates

Employees (est.) (Jun 2019)4,209(-4%)
Job Openings12
Revenue (FY, 2020)$385.3 M(-20%)
Share Price (Oct 2020)$22.8 (+5%)
Cybersecurity ratingDMore

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
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Strattec Security Office Locations

Strattec Security has offices in Glendale, Auburn Hills, El Paso and Ciudad Juárez
Glendale, US (HQ)
3333 Good Hope Rd
Auburn Hills, US
2998 Dutton Rd
El Paso, US
12170 Rojas Dr Suite E
Ciudad Juárez, MX
No. 512, Auxiliar No. 1, Gema
Ciudad Juárez, MX
Ponciano Arriaga 550, Revolución Mexicana
Show all (5)

Strattec Security Financials and Metrics

Strattec Security Revenue

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View revenue for all periods
Strattec Security's revenue was reported to be $385.30 m in FY, 2020
USD

Revenue (FY, 2020)

385.3m

Gross profit (FY, 2020)

35.4m

Gross profit margin (FY, 2020), %

9.2%

Net income (FY, 2020)

(5.9m)

EBIT (FY, 2020)

(8.7m)

Market capitalization (16-Oct-2020)

86.2m

Closing stock price (16-Oct-2020)

22.8

Cash (28-Jun-2020)

11.8m

EV

109.4m
Strattec Security's current market capitalization is $86.2 m.
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

279.2m298.2m348.4m411.5m401.4m417.3m439.2m487.0m385.3m

Revenue growth, %

(2%)

Cost of goods sold

229.0m244.3m282.6m338.8m336.6m357.2m384.8m429.2m349.9m

Gross profit

50.3m53.9m65.8m72.7m64.8m60.2m54.4m57.8m35.4m
Quarterly
USDQ1, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

66.4m70.6m70.8m72.2m74.7m79.6m81.5m85.3m122.2m102.0m88.8m96.5m102.5m94.0m100.2m98.9m109.7m102.5m116.8m117.2m112.9m128.2m120.0m106.3m116.9m

Cost of goods sold

54.9m57.6m57.1m59.9m61.4m65.1m65.5m70.4m94.2m83.5m73.1m80.0m83.9m79.5m85.6m85.5m92.3m89.0m101.6m102.0m100.2m112.5m104.1m96.0m99.9m

Gross profit

11.5m13.1m13.7m12.3m13.2m14.5m15.9m14.9m28.1m18.5m15.8m16.5m18.6m14.5m14.6m13.5m17.4m13.5m15.2m15.2m12.7m15.7m15.9m10.3m17.0m

Gross profit Margin, %

17%18%19%17%18%18%20%17%23%18%18%17%18%15%15%14%16%13%13%13%11%12%13%10%15%
show all
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

17.5m20.3m19.8m25.7m15.5m8.4m8.1m7.8m11.8m

Accounts Receivable

44.5m47.5m1.2m64.9m73.8m84.2m42.0m

Prepaid Expenses

8.4m7.8m6.7m6.5m7.0m

Inventories

21.2m24.3m38.7m35.5m46.7m47.3m54.4m
Quarterly
USDQ1, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

13.2m15.7m16.3m18.6m16.3m12.8m20.4m20.5m22.5m19.8m28.0m20.0m17.9m23.2m17.1m8.2m5.0m8.5m7.0m10.3m11.4m9.2m11.2m9.3m10.2m

Accounts Receivable

41.2m41.6m45.1m40.7m50.0m52.0m44.3m54.4m79.3m61.5m62.2m56.7m60.8m55.6m68.1m59.4m70.7m64.0m70.5m78.5m67.3m87.8m78.9m65.9m72.8m

Prepaid Expenses

15.1m17.4m17.1m16.2m13.1m15.3m14.9m16.1m17.6m16.1m14.5m18.5m19.5m19.9m15.0m15.0m16.6m22.0m27.4m20.5m19.7m15.6m14.0m15.8m

Inventories

24.3m23.1m25.5m26.5m25.8m27.3m30.0m28.6m32.0m38.9m35.8m42.0m45.2m41.7m38.7m39.1m38.2m39.4m43.0m46.3m48.0m46.8m51.5m52.5m58.3m
show all
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

8.8m9.4m19.1m24.6m14.1m12.1m15.6m(12.7m)(5.9m)

Depreciation and Amortization

6.8m7.5m8.3m8.8m10.1m11.4m14.6m17.2m19.3m

Inventories

899.0k(3.1m)(6.2m)(4.3m)(3.9m)3.2m(11.2m)(608.0k)(7.1m)

Accounts Payable

3.4m(7.6m)203.0k1.8m5.2m3.7m6.1m(24.2m)
Quarterly
USDQ1, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

1.3m5.6m2.7m5.1m6.2m3.9m8.5m12.8m10.3m17.2m22.6m3.8m9.0m12.3m2.4m4.0m9.1m3.3m11.0m4.4m(17.2m)(14.1m)2.7m1.6m6.5m

Depreciation and Amortization

1.7m5.1m1.8m3.5m5.4m2.1m4.2m6.2m2.1m4.3m6.5m2.4m5.1m7.6m2.8m5.6m8.5m3.1m10.6m4.0m8.1m12.5m4.7m9.6m14.3m

Inventories

(2.2m)(924.0k)(4.2m)(5.3m)(4.6m)(3.0m)(5.7m)(4.3m)(1.5m)(8.4m)(5.3m)(7.2m)(10.4m)(6.9m)(3.0k)(403.0k)473.0k(3.9m)(7.5m)375.0k(1.3m)(168.0k)(4.2m)(5.2m)(11.1m)

Accounts Payable

331.0k1.9m(29.0k)(4.5m)(6.2m)752.0k272.0k6.4m10.3m(781.0k)(5.9m)1.6m1.2m(4.7m)5.3m(248.0k)7.8m(852.0k)6.2m1.4m(3.2m)10.8m1.7m(9.1m)3.7m
show all
USDQ1, 2012

Financial Leverage

1.7 x
Show all financial metrics

Strattec Security Operating Metrics

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

Engineering Centers

13 13 13 13 13

Manufacturing Facilities

16 16 16 16 17
Show all operating metrics

Strattec Security Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

Learn more about about our premium products
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Strattec Security Online and Social Media Presence

Strattec Security's Trends

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 Strattec Security Frequently Asked Questions

  • When was Strattec Security founded?

    Strattec Security was founded in 1995.

  • Who are Strattec Security key executives?

    Strattec Security's key executives are Frank Krejci, Patrick Hansen and Rolando Guillot.

  • How many employees does Strattec Security have?

    Strattec Security has 4,209 employees.

  • What is Strattec Security revenue?

    Latest Strattec Security annual revenue is $385.3 m.

  • What is Strattec Security revenue per employee?

    Latest Strattec Security revenue per employee is $91.5 k.

  • Who are Strattec Security competitors?

    Competitors of Strattec Security include Gentex, WIEGEL Transport Equipment and Stinger.

  • Where is Strattec Security headquarters?

    Strattec Security headquarters is located at 3333 Good Hope Rd, Glendale.

  • Where are Strattec Security offices?

    Strattec Security has offices in Glendale, Auburn Hills, El Paso and Ciudad Juárez.

  • How many offices does Strattec Security have?

    Strattec Security has 5 offices.