The Eastern Company manufactures and sells industrial hardware, security products, and metal products in the United States and internationally. The Company's Industrial Hardware segment offers passenger restraint locks, slam and draw latches, dead bolt latches, compression latches, cam-type vehicular locks, hinges, tool box locks, light-weight sleeper boxes, school bus door closure hardware, and vents for Class 8 trucks. Its Security Products segment offers electronic and mechanical locking devices for computer, electronics, vending, and gaming industries. In addition, this segment provides coin acceptors and other coin security products for the commercial laundry markets; hardware and accessories for the appliance industry; and printed circuit boards and other electronic assemblies for industrial controls, medical, and military markets. The Company's Metal Products segment offers expansion shells to support the roofs of underground mines; and specialty malleable and ductile iron castings.
Show more
Type
Public
HQ
Naugatuck, US
Founded
1858
Size (employees)
862 (est)-5%
The Eastern Company was founded in 1858 and is headquartered in Naugatuck, US
Report incorrect company information

Key People/Management at The Eastern Company

August Vlak

August Vlak

Chief Executive Officer & President
John Sullivan

John Sullivan

Chief Financial Officer & Vice President
Angelo Labbadia

Angelo Labbadia

Chief Operating Officer & Vice President

The Eastern Company Office Locations

The Eastern Company has an office in Naugatuck
Naugatuck, US (HQ)
112 Bridge St
Show all (1)
Report incorrect company information

The Eastern Company Financials and Metrics

The Eastern Company Financials

The Eastern Company's revenue was reported to be $204.24 m in FY, 2017
USD

Revenue (Q1, 2018)

59.4 m

Gross profit (Q1, 2018)

14.7 m

Gross profit margin (Q1, 2018), %

24.8%

Net income (Q1, 2018)

3.1 m

EBIT (Q1, 2018)

4.2 m

Market capitalization (23-May-2018)

191.7 m

Closing share price (23-May-2018)

30.6

Cash (31-Mar-2018)

16.4 m

EV

177.9 m
The Eastern Company's current market capitalization is $191.7 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

142.5 m140.8 m144.6 m137.6 m204.2 m

Revenue growth, %

(1%)3%(5%)

Cost of goods sold

112.2 m103.3 m154.2 m

Gross profit

32.4 m34.3 m50.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

34.3 m35.8 m34.8 m35.8 m36.2 m36.9 m37 m33.5 m33.1 m36.9 m36 m58 m56 m59.4 m

Cost of goods sold

27 m28.3 m27 m27.2 m27.2 m29.5 m29.1 m24.6 m26.7 m28.3 m27.8 m44 m44.1 m44.7 m

Gross profit

7.2 m7.5 m7.8 m8.6 m9 m7.3 m7.9 m8.9 m6.4 m8.6 m8.3 m14 m11.9 m14.7 m

Gross profit Margin, %

21%21%22%24%25%20%21%26%19%23%23%24%21%25%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

20 m15.8 m17.8 m22.7 m22.3 m

Accounts Receivable

606 k

Inventories

30.7 m34.4 m36.8 m34 m47.3 m

Current Assets

71 m71.3 m75.3 m77.7 m100.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

19.1 m18.5 m19.4 m21.2 m13.6 m14.1 m13.3 m21.6 m16.7 m20.2 m23.6 m19.1 m21.2 m16.4 m

Inventories

30.4 m30.3 m30.8 m30.7 m36.5 m34.2 m34.9 m34.1 m35.7 m34 m32.5 m44.1 m45.2 m49 m

Current Assets

72.6 m71.2 m72.2 m74.4 m72.9 m71.3 m71.3 m77.6 m73.5 m76.7 m78.2 m95.9 m99.6 m99.3 m

PP&E

25.8 m29.3 m28.9 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

6.9 m7.7 m5.7 m7.8 m5 m

Depreciation and Amortization

3.8 m3.5 m3.9 m3.8 m4.7 m

Inventories

(1.4 m)(2.8 m)(3.1 m)2.5 m152.1 k

Accounts Payable

(254 k)998.5 k1.2 m(1.8 m)892.4 k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

1.8 m1.5 m1.7 m2.4 m2.5 m874 k1.5 m2.4 m648.1 k2.7 m1.5 m3 m2.2 m3.1 m

Depreciation and Amortization

1.9 m928.1 k1.8 m955.6 k1.5 m1.2 m

Inventories

30.8 m30.7 m36.5 m34.2 m(724.4 k)34.1 m1.3 m2.9 m1.7 m3.2 m45.2 m(1.5 m)

Accounts Payable

8.4 m8.6 m8.3 m8.2 m1.1 m8.4 m(1.3 m)236.8 k901.5 k956.6 k15.3 m2.3 m
USDY, 2018

EV/EBIT

42.6 x

EV/CFO

1.9 k x

Financial Leverage

1.9 x
Show all financial metrics
Report incorrect company information

The Eastern Company News and Updates

Report incorrect company information