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Strattec Security STRT Sales taxes payable

Sales taxes payable 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:SalesAndExciseTaxPayableCurrent.

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 sales taxes payable?
Strattec Security (STRT) reported sales taxes payable of $7.91M in Q1 2026.
How has Strattec Security's sales taxes payable changed year-over-year?
Strattec Security's sales taxes payable decreased by 27.1% year-over-year, from $10.84M to $7.91M.
What is the long-term trend for Strattec Security's sales taxes payable?
Over 3 years (2022 to 2025), Strattec Security's sales taxes payable has grown at a 51.2% compound annual growth rate (CAGR), from $3.45M to $11.93M.
What does sales taxes payable mean?
This represents the liability for sales taxes collected from customers on behalf of government taxing authorities that have not yet been remitted. It serves as a measure of the company's short-term obligation to external regulatory bodies resulting from its sales activities.