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Strattec Security STRT Effective Income Tax Rate Reconciliation, Prior Year Income Taxes, Percent

Effective Income Tax Rate Reconciliation, Prior Year Income Taxes, Percent at other companies

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Other financials

Income statement

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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

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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

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Operating cash flow$11.4M-44.8%
CapEx$1.8M+49.8%
Free cash flow$9.7M-50.4%

Valuation

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Market cap$337.56M+45.9%
P/E13.5×+2.0×
P/S0.6×+0.2×

Profitability

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Gross margin16.8%+2.8pp
Operating margin5%+0.7pp
Net margin4.3%+0.7pp
FCF margin10%+0.4pp

Returns & leverage

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Return on equity11.1%+1.2pp
Debt / equity0.0×
Current ratio2.6×+0.3×

Where this comes from

Reported directly by Strattec Security in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes.

The official record: Strattec Security’s 10-K, filed August 25, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Strattec Security's effective income tax rate reconciliation, prior year income taxes, percent?
Strattec Security (STRT) reported effective income tax rate reconciliation, prior year income taxes, percent of 1.1% in Q2 2025.
What does effective income tax rate reconciliation, prior year income taxes, percent mean?
Reflects adjustments to the current period's tax expense resulting from the resolution of prior-year tax audits or changes in tax estimates. This metric highlights the volatility and accuracy of historical tax filings and provisions. It is useful for assessing the impact of past tax positions on current financial performance.