What does floating rate percentage mean?

This metric indicates the proportion of the company's total debt or financial obligations that are subject to variable interest rates rather than fixed rates. It serves as a measure of interest rate risk, as a higher percentage exposes the company to increased interest expenses during periods of rising market rates. Management uses this to assess the sensitivity of cash flows to macroeconomic interest rate fluctuations.

Espey Manufacturing & Electronics Corp. ESP Floating Rate Percentage

Floating Rate Percentage at other companies

RBC BearingsRBC

2.9%—

OceanFirst FinancialOCFC

$339.34M+78.8%

TFI

Triumph FinancialTFIN

$954K-4.0%

ConocoPhillipsCOP

60%—

PRO

Provident Financial HoldingsPROV

10%0.0pp

Community West BancsharesCWBC

$212K-87.3%

Other financials

Income statement

See full

Revenue$11.4M+10.9%

Gross profit$4.2M+43.4%

Operating income$3.0M+70.4%

Net income$2.9M+68.1%

EPS (diluted)$0.99+57.1%

Balance sheet

See full

Cash & equivalents$21.2M+52.7%

Total debt$561.9K—

Total equity$56.4M+21.8%

Total assets$96.0M+31.8%

Cash flow

See full

Operating cash flow$3.4M-70.4%

CapEx$188.7K-80.4%

Free cash flow$3.2M-69.5%

Valuation

See full

Market cap$194.65M+50.4%

P/E18.1×+2.2×

P/S4.6×+1.7×

Profitability

See full

Gross margin36.5%+10.2pp

Operating margin25.4%+8.9pp

Net margin25.5%+10.0pp

FCF margin47.7%+33.5pp

Returns & leverage

See full

Return on equity21%+4.4pp

Debt / equity0×—

Current ratio2.3×-0.3×

Where this comes from

Reported directly by Espey Manufacturing & Electronics Corp. in its filing.

Tagged under the XBRL concept esp:FloatingRatePercentage.

The official record: Espey Manufacturing & Electronics Corp.’s 10-K, filed September 16, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Espey Manufacturing & Electronics Corp.'s floating rate percentage?: Espey Manufacturing & Electronics Corp. (ESP) reported floating rate percentage of 2% in Q2 2025.
What does floating rate percentage mean?: This metric indicates the proportion of the company's total debt or financial obligations that are subject to variable interest rates rather than fixed rates. It serves as a measure of interest rate risk, as a higher percentage exposes the company to increased interest expenses during periods of rising market rates. Management uses this to assess the sensitivity of cash flows to macroeconomic interest rate fluctuations.