Espey Mfg. & Electronics Corp. logo

Espey Mfg. & Electronics Corp.

ESP

AMEXIndustrialsElectrical Equipment & Parts

Previous close

$64.78

+$2.47 · +3.96%

Aug 21, 4:00 PM ET

ESP company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

98

Deep Value

Momentum

52

Neutral

Sentiment

53

Mixed

Risk resilience

57

Elevated Risk

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Company profile

Company website

Espey Mfg. & Electronics Corp. manufactures and sells electronic equipment primarily for military and industrial applications in the United States and internationally. Its principal products include power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, and antennas for use in AC and DC locomotives, shipboard power and radar, airborne power, ground-based radar, and ground mobile power applications. The company also provides various services, such as design and development to specification, build to print, design services, design studies, environmental testing services, metal fabrication, and painting services, as well as automatic testing equipment development services. In addition, it produces individual components, which include inductors, as well as paints, wires, qualifies, and test items; populates printed circuit boards; and fabricates metalwork. The company serves industrial manufacturers and defense companies, the government of the United States, foreign governments, and foreign electronic equipment companies through its direct sales organization and outside sales representatives. Espey Mfg. & Electronics Corp. was incorporated in 1928 and is based in Saratoga Springs, New York.

Industry
Electrical Equipment & Parts
Sector
Industrials
Headquarters
US
CEO
David A. O'Neil
Listed since
Mar 17, 1980
Employees
152

Market position

Day range

Current $64.78

52-week range

Current $64.78

Open
$62.64
Previous close
$62.31
Volume
21.09K
0.45× average
Average volume
46.78K
Average daily volume
Market cap
194.08M USD
Beta
0.37
Market reference 1
50-day average
$61.4754
+5.38% above average
200-day average
$55.7825
+16.13% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
99.57M USD
P/E (TTM)
16.36×
P/B (TTM)
3.2×
P/S (TTM)
4.59×
EV / EBITDA
9.78×
Earnings yield
6.88%
Free cash flow yield
14.04%
Dividend yield
2.70%

Profitability & efficiency

Gross margin
36.52%
Operating margin
25.45%
Net margin
25.49%
Return on equity
16.01%
Return on assets
10.29%
Return on invested capital
13.38%

Financial health

Debt / equity
Current ratio
2.66×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends32%20%8%-5%Gross margin, FY2021: 12.11%Gross margin, FY2022: 17.04%Gross margin, FY2023: 22.62%Gross margin, FY2024: 27.50%Gross margin, FY2025: 28.86%Operating margin, FY2021: -1.54%Operating margin, FY2022: 4.76%Operating margin, FY2023: 12.08%Operating margin, FY2024: 16.88%Operating margin, FY2025: 18.49%Net margin, FY2021: -0.65%Net margin, FY2022: 3.94%Net margin, FY2023: 10.33%Net margin, FY2024: 15.01%Net margin, FY2025: 18.53%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 12.11%. Gross margin FY2022 17.04%. Gross margin FY2023 22.62%. Gross margin FY2024 27.50%. Gross margin FY2025 28.86%. Operating margin FY2021 -1.54%. Operating margin FY2022 4.76%. Operating margin FY2023 12.08%. Operating margin FY2024 16.88%. Operating margin FY2025 18.49%. Net margin FY2021 -0.65%. Net margin FY2022 3.94%. Net margin FY2023 10.33%. Net margin FY2024 15.01%. Net margin FY2025 18.53%.

Income trends

Revenue

43.95M USD+13.46%

Operating income

8.13M USD+24.27%

Net income

8.14M USD+40.03%
Income trends across reported periods48.39M USD30.64M USD12.89M USD−4.86M USDRevenue, FY2021: 27.73M USDRevenue, FY2022: 32.1M USDRevenue, FY2023: 35.59M USDRevenue, FY2024: 38.74M USDRevenue, FY2025: 43.95M USDOperating income, FY2021: −426.14K USDOperating income, FY2022: 1.53M USDOperating income, FY2023: 4.3M USDOperating income, FY2024: 6.54M USDOperating income, FY2025: 8.13M USDNet income, FY2021: −181.54K USDNet income, FY2022: 1.27M USDNet income, FY2023: 3.68M USDNet income, FY2024: 5.82M USDNet income, FY2025: 8.14M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 27.73M USD. Revenue FY2022 32.1M USD. Revenue FY2023 35.59M USD. Revenue FY2024 38.74M USD. Revenue FY2025 43.95M USD. Operating income FY2021 −426.14K USD. Operating income FY2022 1.53M USD. Operating income FY2023 4.3M USD. Operating income FY2024 6.54M USD. Operating income FY2025 8.13M USD. Net income FY2021 −181.54K USD. Net income FY2022 1.27M USD. Net income FY2023 3.68M USD. Net income FY2024 5.82M USD. Net income FY2025 8.14M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue43.95M USD38.74M USD35.59M USD32.1M USD27.73M USD
Cost of goods sold31.27M USD28.08M USD27.54M USD26.63M USD24.37M USD
Gross profit12.68M USD10.65M USD8.05M USD5.47M USD3.36M USD
Research and development71.07K USD86.71K USD65.43K USD32.36K USD40.91K USD
Selling, general, and administrative4.49M USD4.03M USD3.69M USD3.91M USD3.74M USD
Operating expenses4.56M USD4.11M USD3.75M USD3.94M USD3.79M USD
Interest income1.26M USD728.3K USD359.62K USD12.15K USD21.38K USD
Depreciation and amortization451.52K USD453.52K USD484.92K USD494.64K USD519.81K USD
Operating income8.13M USD6.54M USD4.3M USD1.53M USD−426.14K USD
Net income8.14M USD5.82M USD3.68M USD1.27M USD−181.54K USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
78%
7 beats, 2 misses, 0 met estimates
Average EPS surprise
+10.91%
9 comparable reports
Latest EPS result
0.99
Estimate 0.88 · Beat by 12.50%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.10.870.640.41Q4 '24No estimateQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Nov 13, 2024: actual 0.61, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 0.71, estimate 0.46, surprise +54.35%, Beat. Q2 2025, reported May 12, 2025: actual 0.63, estimate 0.56, surprise +12.50%, Beat. Q3 2025, reported Sep 16, 2025: actual 1.05, estimate 0.67, surprise +56.72%, Beat. Q4 2025, reported Nov 12, 2025: actual 0.76, estimate 0.67, surprise +13.43%, Beat. Q1 2026, reported Feb 10, 2026: actual 0.99, estimate 0.76, surprise +30.26%, Beat. Q2 2026, reported May 12, 2026: actual 0.99, estimate 0.88, surprise +12.50%, Beat. Q3 2026, reported Sep 16, 2026: actual —, estimate 0.96, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates15.39M13.09M10.8M8.5MQ4 '24No estimateQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26Estimate
Q4 2024, reported Nov 13, 2024: actual 10.44M USD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 13.61M USD, estimate 10.88M USD, surprise +25.07%, Beat. Q2 2025, reported May 12, 2025: actual 10.3M USD, estimate 11.97M USD, surprise -13.92%, Miss. Q3 2025, reported Sep 16, 2025: actual 9.6M USD, estimate 11.14M USD, surprise -13.87%, Miss. Q4 2025, reported Nov 12, 2025: actual 9.09M USD, estimate 11.14M USD, surprise -18.38%, Miss. Q1 2026, reported Feb 10, 2026: actual 12.14M USD, estimate 12.4M USD, surprise -2.12%, Miss. Q2 2026, reported May 12, 2026: actual 11.42M USD, estimate 13.2M USD, surprise -13.46%, Miss. Q3 2026, reported Sep 16, 2026: actual —, estimate 14.8M USD, surprise —, Comparison unavailable.

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