What is Strattec Security's income tax?

Strattec Security (STRT) reported income tax of $1.28M in Q1 2026.

How has Strattec Security's income tax changed year-over-year?

Strattec Security's income tax decreased by 22.0% year-over-year, from $1.64M to $1.28M.

What is the long-term trend for Strattec Security's income tax?

Over 4 years (2021 to 2025), Strattec Security's income tax has grown at a 2.8% compound annual growth rate (CAGR), from $5.11M to $5.72M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Strattec Security STRT Income Tax

Income Tax at other companies

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$17.32M+30.6%

Cooper-Standard AutomotiveCPS

$4.2M+55.3%

SMP

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$6.83M+34.7%

indie Semiconductor, Inc.INDI

-$319K-670%

Leggett & PlattLEG

$11.9M-17.9%

Segments

By segment

See full

Reportable$1.28M-22.0%

Other financials

Income statement

See full

Revenue$137.6M-4.5%

Gross profit$22.7M-1.9%

Operating income$5.0M-28.8%

Net income$3.2M-40.0%

EPS (diluted)$0.78-40.9%

Balance sheet

See full

Cash & equivalents$107.0M+72.2%

Total debt$3.3M-20.5%

Total equity$240.5M+14.1%

Total assets$399.5M+3.1%

Cash flow

See full

Operating cash flow$11.4M-44.8%

CapEx$1.8M+49.8%

Free cash flow$9.7M-50.4%

Valuation

See full

Market cap$337.56M+45.9%

P/E13.5×+2.0×

P/S0.6×+0.2×

Profitability

See full

Gross margin16.8%+2.8pp

Operating margin5%+0.7pp

Net margin4.3%+0.7pp

FCF margin10%+0.4pp

Returns & leverage

See full

Return on equity11.1%+1.2pp

Debt / equity0×0.0×

Current ratio2.6×+0.3×

Where this comes from

Reported directly by Strattec Security in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Strattec Security’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Strattec Security's income tax?: Strattec Security (STRT) reported income tax of $1.28M in Q1 2026.
How has Strattec Security's income tax changed year-over-year?: Strattec Security's income tax decreased by 22.0% year-over-year, from $1.64M to $1.28M.
What is the long-term trend for Strattec Security's income tax?: Over 4 years (2021 to 2025), Strattec Security's income tax has grown at a 2.8% compound annual growth rate (CAGR), from $5.11M to $5.72M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.