What is Eastern Company's work in process?

Eastern Company (EML) reported work in process of $6.72M in Q1 2026.

What is the long-term trend for Eastern Company's work in process?

Over 5 years (2021 to 2026), Eastern Company's work in process has grown at a 9.8% compound annual growth rate (CAGR), from $4.47M to $7.14M.

What does work in process mean?

Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.

Eastern Company EML Work in process

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Other financials

Income statement

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Revenue$59.7M-5.7%

Gross profit$11.9M-15.9%

Operating income$1.3M-59.0%

Net income$640.1K-67.1%

EPS (diluted)$0.11-65.6%

Balance sheet

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Cash & equivalents$7.6M-16.1%

Total debt$54.1M-14.6%

Total equity$124.5M+2.9%

Total assets$217.1M-6.6%

Cash flow

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Operating cash flow$3.5M+288%

CapEx$867.3K+2.1%

Free cash flow$2.6M+197%

Valuation

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Market cap$167.96M+24.7%

Enterprise value$214.45M+13.8%

P/E28.8×—

P/S0.7×+0.2×

Profitability

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Gross margin22.2%-2.0pp

Operating margin3.4%-3.5pp

Net margin2.4%—

FCF margin4.2%—

Returns & leverage

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Return on equity4.7%—

Debt / equity0.4×-0.1×

Current ratio3.5×+0.7×

Where this comes from

Reported directly by Eastern Company in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: Eastern Company’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Eastern Company's work in process?: Eastern Company (EML) reported work in process of $6.72M in Q1 2026.
What is the long-term trend for Eastern Company's work in process?: Over 5 years (2021 to 2026), Eastern Company's work in process has grown at a 9.8% compound annual growth rate (CAGR), from $4.47M to $7.14M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.