Tearsheet

Espey Manufacturing & Electronics (ESP)

Market Price (12/18/2025): $42.17 | Market Cap: $114.7 Mil
Sector: Industrials | Industry: Electrical Components & Equipment

Espey Manufacturing & Electronics (ESP)

Market Price (12/18/2025): $42.17
Market Cap: $114.7 Mil
Sector: Industrials
Industry: Electrical Components & Equipment

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 4.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.4%, FCF Yield is 17%	Weak revenue growth Rev Chg QQuarterly Revenue Change % is -13%
1	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -40%	Valuation getting more expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 65%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 59%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 48%	Key risks ESP key risks include [1] a heavy dependence on U.S. Show more.
3	Low stock price volatility Vol 12M is 46%
4	Megatrend and thematic drivers Megatrends include Advanced Aviation & Space, and Automation & Robotics. Themes include Advanced Air Mobility, Drone Technology, Show more.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, Dividend Yield is 4.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 7.4%, FCF Yield is 17%
1	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -40%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 59%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 48%
3	Low stock price volatility Vol 12M is 46%
4	Megatrend and thematic drivers Megatrends include Advanced Aviation & Space, and Automation & Robotics. Themes include Advanced Air Mobility, Drone Technology, Show more.
5	Weak revenue growth Rev Chg QQuarterly Revenue Change % is -13%
6	Valuation getting more expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 65%
7	Key risks ESP key risks include [1] a heavy dependence on U.S. Show more.

Valuation, Metrics & Events

	12/18/25	2024	2023	2022
Share Price CYE	$42.17	$29.02	$17.40	$12.84
Market Cap CYE ($ Mil)	114.7	75.0	43.1	31.5
Total Debt ($ Mil)	0.0	0.0	0.0	0.0
Total Cash ($ Mil)	46.9	43.6	23.2	14.7
Enterprise Value ($ Mil)	67.8	75.0	43.1	31.5
Valuation Ratios
P/S TTM	2.7	1.78	1.20	0.98
P/EBIT TTM	13.5	9.61	7.12	8.11
P/E TTM	13.2	9.59	8.00	9.48
Sector Ratios
P/S TTM (Sector)	1.66	1.50	1.41	1.15
P/EBIT TTM (Sector)	13.95	12.85	12.56	10.02
P/E TTM (Sector)	17.22	16.55	15.40	12.19

	12/18/25	2024
Share Price CYE	$42.17	$29.02
Market Cap CYE ($ Mil)	114.7	75.0
Total Debt ($ Mil)	0.0	0.0
Total Cash ($ Mil)	46.9	43.6
Enterprise Value ($ Mil)	67.8	75.0
Valuation Ratios
P/S TTM	2.7	1.78
P/EBIT TTM	13.5	9.61
P/E TTM	13.2	9.59
Sector Ratios
P/S TTM (Sector)	1.66	1.50
P/EBIT TTM (Sector)	13.95	12.85
P/E TTM (Sector)	17.22	16.55

	ESP	S&P 500
REVENUE GROWTH
Rev LTM ($ Bil)	0.0
Rev Chg Q	-12.9%	7.3%
Rev Chg LTM	4.9%	6.0%
Rev Chg 3Y Avg	8.7%	5.5%
PROFITABILITY	GOOD
Op Inc LTM ($ Bil)	0.0
CFO LTM ($ Bil)	0.0
Net Inc LTM ($ Bil)	0.0
Op Mgn LTM	19.9%	18.8%
CFO/Rev LTM	59.4%	20.4%
Net Inc Mgn	20.5%	13.1%
VALUATION	LOW
P/S	2.7	3.2
P/CFO	4.5	16.0
P/FCF	5.6	20.7
P/E	13.2	23.5
STABILITY	VERY GOOD
Debt/Equity	0.00	0.21
Cash/Assets	0.55	0.07

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Metric	Value	Date	Source
Backlog	$139.7 million	6302025	Link
New Orders	$86.4 million	6302025	Link
Number of Patents	25	11072025	Link
Number of Employees	Approximately 110	8312025	Link

Upcoming
12/19/2025	Dividend	Amount: $0.25 Payment On: 12/26/2025
2/12/2026	Earnings Release	Rev: $12 Mil (E) EPS: $0.76 (E)

ESP Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

Here are five key points explaining factors contributing to Espey Manufacturing & Electronics (ESP) stock movement during the approximate period from August 31, 2025, to December 18, 2025: 1. Significant Stock Price Decrease in September. Espey Manufacturing & Electronics Corp. experienced a substantial stock price decrease of over 10% on September 18, 2025, falling from $51.71 to $45.29.

2. Reduction in Dividend Payout. On December 8, 2025, the company declared a dividend of $0.2500 per share, which represented a decrease of $0.75 from the previously paid dividend. Such a reduction can signal financial concerns to investors and negatively impact stock performance.

Stock Movement Drivers

Fundamental Drivers

The -2.9% change in ESP stock from 9/17/2025 to 12/17/2025 was primarily driven by a -7.1% change in the company's P/E Multiple.

	9172025	12172025	Change
Stock Price ($)	44.28	43.00	-2.89%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	43.95	42.60	-3.07%
Net Income Margin (%)	18.53%	20.46%	10.41%
P/E Multiple	14.44	13.42	-7.08%
Shares Outstanding (Mil)	2.66	2.72	-2.40%
Cumulative Contribution			-2.94%

LTM = Last Twelve Months as of date shown

Market Drivers

9/17/2025 to 12/17/2025

	Return	Correlation
ESP	-2.9%
Market (SPY)	1.9%	14.7%
Sector (XLI)	1.6%	19.4%

Fundamental Drivers

The 7.4% change in ESP stock from 6/18/2025 to 12/17/2025 was primarily driven by a 32.3% change in the company's Net Income Margin (%).

	6182025	12172025	Change
Stock Price ($)	40.04	43.00	7.40%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	45.97	42.60	-7.32%
Net Income Margin (%)	15.46%	20.46%	32.35%
P/E Multiple	14.65	13.42	-8.42%
Shares Outstanding (Mil)	2.60	2.72	-4.59%
Cumulative Contribution			7.18%

LTM = Last Twelve Months as of date shown

Market Drivers

6/18/2025 to 12/17/2025

	Return	Correlation
ESP	7.4%
Market (SPY)	12.7%	14.7%
Sector (XLI)	8.3%	19.7%

Fundamental Drivers

The 62.7% change in ESP stock from 12/17/2024 to 12/17/2025 was primarily driven by a 31.5% change in the company's Net Income Margin (%).

	12172024	12172025	Change
Stock Price ($)	26.44	43.00	62.66%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	40.61	42.60	4.90%
Net Income Margin (%)	15.56%	20.46%	31.47%
P/E Multiple	10.57	13.42	26.98%
Shares Outstanding (Mil)	2.53	2.72	-7.66%
Cumulative Contribution			61.71%

LTM = Last Twelve Months as of date shown

Market Drivers

12/17/2024 to 12/17/2025

	Return	Correlation
ESP	62.7%
Market (SPY)	12.1%	21.6%
Sector (XLI)	13.9%	21.9%

Fundamental Drivers

The 254.3% change in ESP stock from 12/18/2022 to 12/17/2025 was primarily driven by a 293.1% change in the company's Net Income Margin (%).

	12182022	12172025	Change
Stock Price ($)	12.14	43.00	254.34%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	33.20	42.60	28.33%
Net Income Margin (%)	5.20%	20.46%	293.12%
P/E Multiple	17.19	13.42	-21.93%
Shares Outstanding (Mil)	2.45	2.72	-11.16%
Cumulative Contribution			249.92%

LTM = Last Twelve Months as of date shown

Market Drivers

12/18/2023 to 12/17/2025

	Return	Correlation
ESP	144.6%
Market (SPY)	44.9%	19.7%
Sector (XLI)	39.5%	21.3%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
ESP Return	-8%	-25%	-0%	35%	67%	48%	131%
Peers Return	3%	18%	-0%	23%	24%	31%	142%
S&P 500 Return	16%	27%	-19%	24%	23%	14%	108%
Monthly Win Rates [3]
ESP Win Rate	58%	50%	50%	58%	83%	58%
Peers Win Rate	50%	58%	40%	52%	68%	60%
S&P 500 Win Rate	58%	75%	42%	67%	75%	73%
Max Drawdowns [4]
ESP Max Drawdown	-22%	-32%	-10%	0%	-2%	-16%
Peers Max Drawdown	-41%	-9%	-17%	-8%	-7%	-12%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: LHX, HEI, TDY, CW, ITT. See ESP Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/17/2025 (YTD)

How Low Can It Go

Unique Key	Event	ESP	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-38.2%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	61.8%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	322 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-27.9%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	38.6%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	1,248 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-38.0%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	61.3%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	1,796 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-42.4%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	73.6%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	574 days	1,480 days

Compare to POWL, AZZ, SXI, TISI, AIGO

In The Past

Espey Manufacturing & Electronics's stock fell -38.2% during the 2022 Inflation Shock from a high on 2/10/2021. A -38.2% loss requires a 61.8% gain to breakeven.

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About Espey Manufacturing & Electronics (ESP)

Espey Mfg. & Electronics Corp., a power electronics design and original equipment manufacturing company, designs, manufactures, and tests electronic equipment primarily for use in military and industrial applications in the United States and internationally. The company's principal products include power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, antennas, and high-power radar systems for use in AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power applications. It also provides various services comprising design and development to specification, build to print, design services, design studies, environmental testing services, metal fabrication, painting services, and development of automatic testing equipment. In addition, the company produces individual components, such as inductors, printed circuit boards, wires, and tests items. It 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. The company was incorporated in 1928 and is based in Saratoga Springs, New York.

AI Generated Analysis | Feedback

Here are 1-3 brief analogies for Espey Manufacturing & Electronics (ESP):

Like a focused Honeywell, but solely designing and manufacturing rugged power electronics for defense and aerospace.
Think of them as a dedicated power electronics division of a major defense contractor such as Raytheon (RTX), but operating as an independent company.
A custom builder of high-reliability power systems for demanding industrial and military applications, similar to a highly specialized segment of Eaton or Schneider Electric.

AI Generated Analysis | Feedback

Power Supplies: Espey designs and manufactures various power supplies, including high voltage, AC-DC, and DC-DC converters, for military and industrial applications.
Transformers and Filters: The company produces specialized transformers and power filters used for power conditioning and distribution in critical systems.
Power Distribution Units: Espey develops integrated power distribution units to manage and distribute electrical power efficiently within complex equipment.
Custom Power Electronics & Contract Manufacturing: They offer custom design, development, and third-party contract manufacturing services for specialized power electronic systems tailored to customer specifications.

AI Generated Analysis | Feedback

Espey Manufacturing & Electronics (ESP) sells primarily to other companies and government entities, particularly the U.S. government as a prime contractor or through its prime contractors. The company is a high-technology designer and manufacturer of power electronics and power supplies for military and industrial applications.

Its major customers, as identified in its recent filings, include:

Lockheed Martin Corporation (NYSE: LMT)
Northrop Grumman Corporation (NYSE: NOC)
U.S. Air Force

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David O'Neil, President and Chief Executive Officer

Mr. O'Neil was appointed President and Chief Executive Officer of Espey Manufacturing & Electronics Corp. on January 1, 2022. He has been with the company since 2000, having previously served as Treasurer, Chief Financial Officer, and Executive Vice President. Mr. O'Neil also held the position of Interim President and CEO from June 2014 to January 2015. Prior to joining Espey, he worked as a Senior Manager at KPMG LLP.

Kaitlyn O'Neil, Principal Financial Officer and Treasurer

Ms. O'Neil was appointed Principal Financial Officer and Treasurer, effective February 15, 2025, succeeding Katrina Sparano. She joined Espey Manufacturing & Electronics Corp. on January 6, 2025, and is a Certified Public Accountant with over 10 years of financial leadership experience in various industries. Her previous roles include Finance Director at Octo Telematics North America, LLC from September 2021, and various finance department positions at Precisely Holdings, LLC from April 2017 to September 2021. She also worked as a Senior Audit Associate at KPMG LLP from January 2015 to April 2017. Ms. O'Neil is not related to David O'Neil.

Alan Winslow, Chief Technical Officer

Mr. Winslow serves as the Chief Technical Officer for Espey Manufacturing & Electronics Corp.

Jennifer Pickering, Chief Human Resources Officer and Assistant Corporate Secretary

Ms. Pickering was named Assistant Corporate Secretary, which is a board position. She was hired to lead human resources for Espey in April 2024 and previously worked in human resources at GlobalFoundries.

Howard Pinsley, Independent Chairman of the Board

Mr. Pinsley is the Independent Chairman of the Board for Espey Manufacturing & Electronics Corp.

AI Generated Analysis | Feedback

Espey Manufacturing & Electronics (ESP) faces several key risks, primarily stemming from its significant reliance on government contracts and a concentrated customer base.

Key Risks to Espey Manufacturing & Electronics (ESP)

1. Dependence on U.S. Government Defense Budget and Contracts: Espey's primary business revolves around designing, developing, and producing specialized military and industrial power supplies and transformers for the U.S. government and defense contractors. This makes the company highly susceptible to changes in the U.S. government's defense budget, shifting priorities, or the unilateral termination of government contracts. Such changes could significantly impact sales and backlog.

2. Customer Concentration: A substantial portion of Espey's sales and backlog is concentrated among a few key domestic customers. In fiscal year 2024, sales to five domestic customers accounted for 20%, 18%, 16%, 16%, and 11% of total sales, respectively. Similarly, the company's total backlog at June 30, 2024, included approximately $61 million from four significant customers. The loss of, or a significant reduction in business from, one or more of these major customers could have a material adverse effect on Espey's financial performance.

3. Performance on Fixed-Price Contracts and Supply Chain Volatility: Espey engages in long-term fixed-price contracts. There is a risk that actual program performance may differ from expectations, particularly regarding the ability to perform within estimated costs. Additionally, performance issues with key suppliers and subcontractors, as well as potential for changing prices for energy and raw materials, could impact the company's profitability and ability to deliver on contracts.

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AI Generated Analysis | Feedback

Espey Manufacturing & Electronics Corp. (ESP) operates in specialized segments of the electronics industry, primarily serving military and industrial applications. The addressable markets for their main products and services can be estimated based on broader industry categories:

Military Power Supplies and Solutions: The global next-generation military power supply market was valued at approximately USD 12.1 billion in 2023 and is projected to grow to USD 20 billion by 2032, with a Compound Annual Growth Rate (CAGR) exceeding 6%. Other estimates for the global military power solutions market indicate a value of USD 10.1 billion in 2023, poised to reach USD 23.05 billion by 2032 at a CAGR of 9.6%. North America held approximately a 40% share of the next-generation military power supply market in 2023 and is expected to lead the military power sources market.
Defense Electronics: This is a broader market that encompasses many of Espey's offerings. The global defense electronics market size was valued at USD 176.0 billion in 2024 and is expected to reach USD 278.2 billion by 2033, growing at a CAGR of 4.96%. Another report indicates a market size of USD 180.20 billion in 2024, projected to grow to USD 324.80 billion by 2035 with a CAGR of 5.50%. The North American defense electronics market is anticipated to reach over USD 125 billion by 2034.
Industrial Power Supplies and Power Converters: The global industrial power supply market was estimated at USD 10.8 billion in 2022 and is poised to reach USD 14.5 billion by 2027, growing at a CAGR of 6.0%. Other projections show the industrial power supply market growing from USD 9.0 billion in 2025 to USD 22.6 billion by 2035, at a CAGR of 9.6%. The global power converter market was valued at USD 20.9 billion in 2022 and is projected to reach USD 44.6 billion by 2032, growing at a CAGR of 7.8%. The industrial segment held a dominant market position in the power converter market in 2023, capturing over a 53.3% share.
Magnetic Components (including Power Transformers and Inductors): The global magnetic components market size was valued at USD 5.66 billion in 2023 and is expected to reach USD 8.93 billion by 2032, expanding at a CAGR of 5.2%. Another source estimates the global magnetic components market size at USD 6,378.78 million in 2024, projected to reach USD 9,348.11 million by 2032, growing at a CAGR of 5.61%. The global power transformer market is estimated to be valued at USD 29.28 billion in 2025 and is expected to reach USD 54.25 billion by 2032, exhibiting a CAGR of 9%. The industrial sector is expected to hold the largest revenue share in the power transformer market in 2024.
Antennas (Defense Integrated Antennas): The global defense integrated antenna market was valued at USD 14.1 billion in 2024 and is projected to grow to USD 44.0 billion by 2035 with a CAGR of 10.89%. Another report states the global military antenna market size was USD 4.05 billion in 2023 and is projected to grow to USD 7.77 billion by 2032, exhibiting a CAGR of 7.6%. North America dominated the military antenna market with a 37.53% share in 2023.

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Espey Manufacturing & Electronics (ESP) Future Revenue Growth Drivers

Espey Manufacturing & Electronics (ESP) Expected Drivers of Future Revenue Growth

Over the next 2-3 years, Espey Manufacturing & Electronics (ESP) is expected to drive revenue growth through several key factors:

Conversion of Record Backlog: Espey's significantly increased sales order backlog, which reached $139.7 million at June 30, 2025, up 43.7% from the previous year, provides strong visibility for future revenue. New orders also surged to $86.4 million in fiscal year 2025, indicating sustained demand for its products.
Sustained Demand in Defense and Aerospace Markets: The company's specialization in designing and manufacturing high-reliability electronic components for military and severe environment applications positions it well within a positive defense budget outlook. This niche focus on customized, rugged components for the defense and aerospace sectors is a primary driver of ongoing demand.
Investment in New Programs and Expanded Capabilities: Espey plans to continue investing in new programs to ensure longer-term production cycles. The company also focuses on integrating emerging technologies into its product development and manufacturing processes to refine its offerings. A notable recent development is the completion and full-scale operation of its Magnetics Center of Excellence Facility Expansion in October 2025, enhancing production capacity and potentially enabling new product launches.
Strategic Acquisitions: Espey raised £56 million in Q4 2024 through equity issuance, with funds allocated towards acquisitions and refurbishments. This indicates that strategic acquisitions are a potential avenue for inorganic growth and market expansion.
Strong Customer Relationships and Execution: The company's leadership has highlighted strong execution and lasting customer relationships as critical to achieving steady revenue growth. Maintaining and leveraging these relationships, particularly with its key customers in defense, are expected to contribute to continued revenue stability and growth.

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Share Repurchases

Espey Manufacturing & Electronics did not repurchase any shares held by the Employee Stock Ownership Plan (ESOP) during the fiscal years ended June 30, 2024, and 2023.
As of June 30, 2024, the Board of Directors authorized management to purchase an additional $783,460 of company stock.

Share Issuance

Espey Manufacturing & Electronics issued new shares between June 2024 and June 2025, as annual shares outstanding increased from 2.52 million to 2.90 million during this period.
The company also issued new shares between March 2025 and June 2025, with quarterly shares outstanding increasing from 2.82 million to 2.90 million.
No common stock was sold to the ESOP during fiscal year 2024.

Inbound Investments

As of June 30, 2024, milestone reimbursements totaling $4,228,722 were received.
Property, plant, and equipment worth $965,392 at June 30, 2024, had not yet been reimbursed under a funding award.
The company anticipates spending an additional $2.3 million, allowable under the funding award, during fiscal year 2025.

Capital Expenditures

Capital expenditures for fiscal year 2025 are projected not to exceed $500,000.
These expenditures are primarily focused on machinery and equipment and facility upgrades to maintain competitiveness and fulfill current contract requirements.
The company completed the expansion of its Magnetics Center of Excellence facility on October 22, 2025.

Better Bets than Espey Manufacturing & Electronics (ESP)

	ESP	Better Performance than ESP
Metric	Value	INDUSTRY: Electrical Components & Equipment
Rev Chg LTM	4.9%	BE (44.5%), VRT (28.8%), NVT (21.5%), ETN (8.2%), WWD (7.3%)
Rev Chg 3Y Avg	8.7%	BE (21.8%), VRT (21.4%), ETN (9.7%), NVT (9.7%), EMR (9.4%)
Op Mgn LTM	19.9%	AME (26.2%), NXT (21.1%), HAYW (20.9%)
CFO/Rev LTM	59.4%
FCF/Rev LTM	47.7%
Total Yield	11.5%	PPSI (100.9%), APWC (13.3%)
P/S	2.7	ENS (1.1), ST (1.2), RRX (1.6), GNRC (2.2), AYI (2.4)
P/Op Inc	13.8	ENS (8.6), ST (9.4), KE (12.3)

	ESP	Better Performance than ESP
Metric	Value	SECTOR: Industrials
Rev Chg LTM	4.9%	UBER (18.2%), GE (17.7%), BA (10.2%), GEV (9.4%), RTX (8.8%)
Rev Chg 3Y Avg	8.7%	UBER (19.6%), GE (15.7%), BA (10.1%), ETN (9.7%), RTX (9.4%)
Op Mgn LTM	19.9%	UNP (40.6%), ADP (26.2%), PH (20.7%), GE (20.5%), DE (20.0%)
CFO/Rev LTM	59.4%	AL (60.2%)
FCF/Rev LTM	47.7%
Total Yield	11.5%	GFL (21.0%), UPS (15.4%), TDG (15.3%), DAL (13.2%), CNI (11.6%)
P/S	2.7	UPS (0.8), LMT (1.6), GD (1.8), BA (2.0), RTX (2.6)
P/Op Inc	13.8	UPS (8.6), FDX (8.8), CNI (9.0), CP (12.2), CSX (13.7)

	ESP	Better Performance than ESP
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	4.9%	NVDA (65.2%), MSFT (15.6%), GOOGL (13.4%), AMZN (10.9%), AAPL (6.0%)
Rev Chg 3Y Avg	8.7%	NVDA (91.6%), META (17.3%), MSFT (13.2%), AMZN (11.3%), GOOGL (11.0%)
Op Mgn LTM	19.9%	NVDA (58.8%), MSFT (46.3%), META (43.2%), GOOGL (32.2%), AAPL (31.9%)
CFO/Rev LTM	59.4%	RY (83.0%), BAM (75.6%), SPG (65.3%), CME (65.0%), MFC (60.3%)
FCF/Rev LTM	47.7%	RY (79.6%), BAC (57.3%), V (53.9%), MA (52.5%), APP (50.6%)
Total Yield	11.5%	CMCSA (23.8%), VZ (16.8%), TD (15.1%), PFE (13.5%), MRK (13.0%)
P/S	2.7	WMT (1.2), XOM (1.5), COST (1.5), HD (2.1), BRK-B (2.7)
P/Op Inc	13.8	VZ (5.9), T (8.3), MRK (9.4), UNH (11.9), GILD (12.4)

		Best Bets In Industrials Sector
	ESP	GATX	VRSK	PAYX	ADT	AME	NDSN	PCTY	FTV	VRRM	CSW
What You Pay
P/E	13.4	20.1	38.1	27.6	11.1	29.5	26.6	39.3	26.9	77.1	28.4
P/EBIT	13.8	9.6	26.0	20.0	5.6	23.5	18.0	28.2	13.1	22.8	21.9
What You Get
Rev Chg Q	-12.9%	8.4%	5.9%	10.2%	4.4%	10.8%	12.1%	12.5%	2.3%	16.1%	21.5%
Rev Chg LTM	4.9%	10.7%	7.3%	5.6%	6.3%	3.7%	4.5%	13.3%	27.9%	8.5%	14.9%
Rev Chg 3Y Avg	8.7%	10.3%	13.4%	6.5%	3.4%	5.9%	3.6%	21.4%	9.4%	9.1%	11.3%
FCF/Rev 3Y Avg	23.3%	39.2%	33.2%	31.6%	24.7%	23.2%	21.5%	21.5%	20.1%	19.0%	18.9%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 16%, alpha of 4.2%, and sharpe of 0.76

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	Can Espey Manufacturing & Electronics Stock Hold Up When Markets Turn?	Return
2	Day 0 of Loss Streak for Espey Manufacturing & Electronics Stock with 0% Return (vs. -6.1% YTD) [1/8/2025]	Notification
3	Espey Manufacturing & Electronics vs. S&P500 Correlation	Correlation
4	Espey Manufacturing & Electronics Price Volatility	Volatility
5	Espey Manufacturing & Electronics Total Shareholder Return (TSR): 125.2% in 2025 and 53.4% 3-yr compounded annual returns (above peer average)
6	Day 5 of Gains Streak for Espey Mfg. & Electronics Stock with 11% Return (vs. 22% YTD) [6/12/2024]	Notification
7	Day 5 of Loss Streak for Espey Mfg. & Electronics Stock with -5.1% Return (vs. 17% YTD) [4/21/2024]	Notification
8	Day 5 of Loss Streak for Espey Mfg. & Electronics Stock with -5.1% Return (vs. 17% YTD) [4/20/2024]	Notification
9	Espey Mfg. & Electronics vs. Standex: With Return Forecast Of 15%, Espey Mfg. & Electronics Is A Better Bet
10	Day 7 of Gains Streak for Espey Mfg. & Electronics Stock with 21% Return (vs. 44% YTD) [2/15/2024]	Notification

	Title
0	ARTICLES

Trade Ideas

Select past ideas related to ESP. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	19.8%	19.8%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.2%	2.2%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	5.9%	5.9%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	4.2%	4.2%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	1.5%	1.5%	0.0%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	19.8%	19.8%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	2.2%	2.2%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	5.9%	5.9%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	4.2%	4.2%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	1.5%	1.5%	0.0%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
UDMY	Udemy	0.9	12.7%	-26.5%
TWO	Two Harbors Investment	1.2	12.1%	8.5%
IOVA	Iovance Biotherapeutics	0.9	12.0%	-65.9%
KOD	Kodiak Sciences	1.4	11.8%	171.1%
RXRX	Recursion Pharmaceuticals	2.1	11.4%	-30.8%
TTC	Toro	7.9	10.7%	2.0%
HUT	Hut 8	4.2	9.0%	96.0%
TPL	Texas Pacific Land	20.3	7.6%	-19.7%
AXGN	Axogen	1.5	7.0%	90.5%
SSII	SS Innovations International	1.1	6.7%	-25.6%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
NOW	ServiceNow	32.5	-80.0%	-85.2%
FDMT	4D Molecular Therapeutics	0.5	-20.1%	65.4%
IMNM	Immunome	1.7	-15.8%	86.3%
HNRG	Hallador Energy	0.7	-15.2%	51.2%
AMPX	Amprius Technologies	1.1	-14.6%	213.6%
BNTC	Benitec Biopharma	0.4	-13.1%	-14.6%
FLNC	Fluence Energy	2.4	-12.9%	16.9%
IMSR	Terrestrial Energy	0.7	-12.6%
BE	Bloom Energy	18.1	-12.1%	246.6%
BW	Babcock & Wilcox Enterprises	0.5	-12.1%	182.9%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TLRY	Tilray Brands	13.7	55.9%	-3.2%
PL	Planet Labs PBC	5.0	27.3%	307.7%
EEX	Emerald	0.9	25.9%	-2.8%
EVCM	EverCommerce	2.2	17.2%	10.4%
CNL	Collective Mining	1.1	15.8%	229.3%
ENVA	Enova International	4.1	15.8%	70.8%
IMVT	Immunovant	4.6	14.5%	8.9%
QURE	uniQure	1.3	14.3%	30.4%
INNV	InnovAge	0.8	14.2%	49.6%
PGEN	Precigen	1.2	13.4%	255.4%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
NOW	ServiceNow	32.5	-81.7%	-85.2%
RZLT	Rezolute	0.2	-81.6%	-59.0%
FRMI	Fermi	6.3	-41.1%
LENZ	LENZ Therapeutics	0.5	-34.6%	-43.3%
BETR	Better Home & Finance	0.5	-30.9%	292.0%
LWLG	Lightwave Logic	0.4	-29.5%	41.4%
APLD	Applied Digital	5.6	-29.0%	188.0%
CRWV	CoreWeave	31.4	-26.8%
WULF	TeraWulf	4.5	-26.6%	104.4%
BW	Babcock & Wilcox Enterprises	0.5	-26.5%	182.9%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
OLMA	Olema Pharmaceuticals	2.8	282.6%	459.2%
WVE	WAVE Life Sciences	2.7	128.5%	32.1%
ALMS	Alumis	0.8	89.8%	34.6%
NUVB	Nuvation Bio	2.9	82.4%	220.3%
SEMR	SEMrush	1.8	75.7%	-0.2%
TE	T1 Energy	0.8	70.4%
ANF	Abercrombie & Fitch	5.6	68.4%	-21.6%
CBLL	CeriBell	0.8	67.5%	-16.6%
FTRE	Fortrea	1.5	65.4%	-13.2%
VERA	Vera Therapeutics	3.1	64.7%	14.8%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
NOW	ServiceNow	32.5	-81.3%	-85.2%
RZLT	Rezolute	0.2	-80.3%	-59.0%
JANX	Janux Therapeutics	0.9	-50.9%	-73.7%
FRMI	Fermi	6.3	-50.6%
AGIO	Agios Pharmaceuticals	1.5	-43.6%	-22.6%
IMSR	Terrestrial Energy	0.7	-38.9%
LENZ	LENZ Therapeutics	0.5	-36.3%	-43.3%
LWLG	Lightwave Logic	0.4	-36.3%	41.4%
UAMY	United States Antimony	0.5	-33.7%	156.5%
BETR	Better Home & Finance	0.5	-33.6%	292.0%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
UDMY	Udemy	0.9	12.7%	-26.5%
TWO	Two Harbors Investment	1.2	12.1%	8.5%
IOVA	Iovance Biotherapeutics	0.9	12.0%	-65.9%
KOD	Kodiak Sciences	1.4	11.8%	171.1%
RXRX	Recursion Pharmaceuticals	2.1	11.4%	-30.8%
TTC	Toro	7.9	10.7%	2.0%
HUT	Hut 8	4.2	9.0%	96.0%
TPL	Texas Pacific Land	20.3	7.6%	-19.7%
AXGN	Axogen	1.5	7.0%	90.5%
SSII	SS Innovations International	1.1	6.7%	-25.6%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
NOW	ServiceNow	32.5	-80.0%	-85.2%
FDMT	4D Molecular Therapeutics	0.5	-20.1%	65.4%
IMNM	Immunome	1.7	-15.8%	86.3%
HNRG	Hallador Energy	0.7	-15.2%	51.2%
AMPX	Amprius Technologies	1.1	-14.6%	213.6%
BNTC	Benitec Biopharma	0.4	-13.1%	-14.6%
FLNC	Fluence Energy	2.4	-12.9%	16.9%
IMSR	Terrestrial Energy	0.7	-12.6%
BE	Bloom Energy	18.1	-12.1%	246.6%
BW	Babcock & Wilcox Enterprises	0.5	-12.1%	182.9%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TLRY	Tilray Brands	13.7	55.9%	-3.2%
PL	Planet Labs PBC	5.0	27.3%	307.7%
EEX	Emerald	0.9	25.9%	-2.8%
EVCM	EverCommerce	2.2	17.2%	10.4%
CNL	Collective Mining	1.1	15.8%	229.3%
ENVA	Enova International	4.1	15.8%	70.8%
IMVT	Immunovant	4.6	14.5%	8.9%
QURE	uniQure	1.3	14.3%	30.4%
INNV	InnovAge	0.8	14.2%	49.6%
PGEN	Precigen	1.2	13.4%	255.4%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
NOW	ServiceNow	32.5	-81.7%	-85.2%
RZLT	Rezolute	0.2	-81.6%	-59.0%
FRMI	Fermi	6.3	-41.1%
LENZ	LENZ Therapeutics	0.5	-34.6%	-43.3%
BETR	Better Home & Finance	0.5	-30.9%	292.0%
LWLG	Lightwave Logic	0.4	-29.5%	41.4%
APLD	Applied Digital	5.6	-29.0%	188.0%
CRWV	CoreWeave	31.4	-26.8%
WULF	TeraWulf	4.5	-26.6%	104.4%
BW	Babcock & Wilcox Enterprises	0.5	-26.5%	182.9%

Peer Comparisons for Espey Manufacturing & Electronics

Peers to compare with:

Financials

	ESP	LHX	HEI	TDY	CW	ITT	Median
Name	Espey Ma.	L3Harris.	Heico	Teledyne.	Curtiss-.	ITT
Mkt Price	43.00	278.72	306.89	502.82	533.58	172.08	292.81
Mkt Cap	0.1	52.1	42.7	23.6	20.0	13.4	21.8
Rev LTM	43	21,373	4,289	6,005	3,376	3,814	4,051
Op Inc LTM	8	2,366	959	1,110	618	664	811
FCF LTM	20	2,164	782	1,038	517	546	664
FCF 3Y Avg	10	1,828	581	923	469	454	525
CFO LTM	25	2,507	845	1,145	592	664	754
CFO 3Y Avg	13	2,208	635	1,026	525	568	601

Growth & Margins

	ESP	LHX	HEI	TDY	CW	ITT	Median
Name	Espey Ma.	L3Harris.	Heico	Teledyne.	Curtiss-.	ITT
Rev Chg LTM	4.9%	2.9%	13.5%	7.4%	9.5%	8.0%	7.7%
Rev Chg 3Y Avg	8.7%	8.4%	27.3%	3.6%	11.1%	9.6%	9.2%
Rev Chg Q	-12.9%	2.4%	15.7%	6.7%	8.8%	12.9%	7.7%
QoQ Delta Rev Chg LTM	-3.1%	0.6%	3.8%	1.6%	2.1%	3.1%	1.9%
Op Mgn LTM	19.9%	11.1%	22.3%	18.5%	18.3%	17.4%	18.4%
Op Mgn 3Y Avg	16.7%	10.4%	21.8%	18.4%	17.6%	17.1%	17.4%
QoQ Delta Op Mgn LTM	1.4%	0.2%	0.3%	-0.1%	0.2%	-0.0%	0.2%
CFO/Rev LTM	59.4%	11.7%	19.7%	19.1%	17.5%	17.4%	18.3%
CFO/Rev 3Y Avg	32.7%	11.0%	17.6%	17.8%	16.9%	16.1%	17.3%
FCF/Rev LTM	47.7%	10.1%	18.2%	17.3%	15.3%	14.3%	16.3%
FCF/Rev 3Y Avg	23.3%	9.2%	16.1%	16.0%	15.2%	12.8%	15.6%

Valuation

	ESP	LHX	HEI	TDY	CW	ITT	Median
Name	Espey Ma.	L3Harris.	Heico	Teledyne.	Curtiss-.	ITT
Mkt Cap	0.1	52.1	42.7	23.6	20.0	13.4	21.8
P/S	2.7	2.7	10.6	4.6	6.0	3.7	4.1
P/EBIT	13.8	22.6	47.4	25.8	31.8	20.7	24.2
P/E	13.4	33.7	71.1	33.6	43.7	28.9	33.6
P/CFO	4.6	22.8	54.0	24.0	34.3	21.0	23.4
Total Yield	11.5%	4.5%	1.5%	3.0%	2.4%	4.2%	3.6%
Dividend Yield	4.0%	1.6%	0.1%	0.0%	0.1%	0.8%	0.4%
FCF Yield 3Y Avg	11.2%	4.2%	1.7%	4.2%	4.0%	4.1%	4.2%
D/E	0.0	0.2	0.1	0.1	0.1	0.1	0.1
Net D/E	-0.4	0.2	0.0	0.1	0.0	0.0	0.0

Returns

	ESP	LHX	HEI	TDY	CW	ITT	Median
Name	Espey Ma.	L3Harris.	Heico	Teledyne.	Curtiss-.	ITT
1M Rtn	12.2%	-3.1%	-1.3%	0.7%	-1.8%	-5.4%	-1.6%
3M Rtn	-2.9%	-0.7%	-3.2%	-8.7%	7.3%	-3.9%	-3.0%
6M Rtn	7.4%	13.0%	-1.3%	2.8%	15.4%	14.7%	10.2%
12M Rtn	62.7%	30.0%	18.2%	6.8%	46.7%	16.5%	24.1%
3Y Rtn	254.3%	39.3%	102.7%	26.8%	225.6%	130.2%	116.5%
1M Excs Rtn	11.5%	-3.9%	-2.0%	-0.1%	-2.6%	-6.1%	-2.3%
3M Excs Rtn	-2.7%	-2.4%	-6.0%	-12.0%	2.8%	-7.1%	-4.3%
6M Excs Rtn	-5.0%	0.6%	-13.7%	-9.5%	3.0%	2.3%	-2.2%
12M Excs Rtn	47.0%	16.2%	8.5%	-5.2%	34.6%	4.1%	12.3%
3Y Excs Rtn	189.5%	-31.9%	27.4%	-48.7%	148.8%	47.7%	37.5%

Financials

Annual
Quarterly

$ Mil \| FY: 6/30	LTM	2025	2024	2023	2022	2021	2020
Period End	9/30/2025	6/30/2025	6/30/2024	6/30/2023	6/30/2022	6/30/2021	6/30/2020
Filing Date	11/12/2025	9/16/2025	9/27/2024	9/21/2023	9/22/2022	9/24/2021	9/21/2020
Key Financials
Total Revenue	43	44	39	36	32	28	32
EBITDA	9	9	7	5	2	0	2
Operating Income	8	8	7	4	2	-0	1
Net Income	9	8	6	4	1	-0	1
EPS	3.31	3.14	2.34	1.50	0.52	-0.08	0.49
Growth Rates
Total Revenue Growth	4.9%	13.5%	8.8%	10.9%	15.8%	-12.0%	-13.6%
EBITDA Growth	19.4%	22.7%	46.1%	136.4%	2060.5%	-94.6%	-45.5%
Operating Income Growth	20.4%	24.3%	52.1%	181.2%	458.8%	-136.4%	-55.8%
Net Income Growth	37.9%	40.0%	58.1%	190.7%	796.9%	-115.6%	-50.3%
Margins
EBITDA Margin	21.0%	19.5%	18.1%	13.4%	6.3%	0.3%	5.5%
Operating Income Margin	19.9%	18.5%	16.9%	12.1%	4.8%	-1.5%	3.7%
Net Income Margin	20.5%	18.5%	15.0%	10.3%	3.9%	-0.7%	3.7%
Cash & Debt
Total Cash	47	44	23	15	12	10	11
Total Debt	0	0	0	0	0	0	0
Net Debt / (Cash)	-47	-44	-23	-15	-12	-10	-11
Cash Flows
Net Cash from Operations	25	21	11	4	2	1	6
Free Cash from Operations	20	17	5	3	2	1	6
Returns to Shareholders
Dividends	5	3	2	0	-0	1	2
Share Repurchases	-0	-0	-0	-0	-0	-0	0

$ Mil \| FY: 6/30	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/12/2025	9/16/2025	5/12/2025	2/12/2025	11/13/2024	9/27/2024	5/13/2024	2/12/2024	11/13/2023	9/21/2023	5/15/2023	2/13/2023
Key Financials Quarterly
Total Revenue	9	10	10	14	10	12	8	10	9	8	10	9
Ebitda	2	3	2	2	2	2	1	2	1	1	1	2
Operating Income	2	3	2	2	2	2	1	2	1	1	1	1
Net Income	2	3	2	2	2	2	1	2	1	1	1	1
EPS	0.80	1.11	0.66	0.74	0.63	0.76	0.41	0.73	0.44	0.37	0.35	0.47
Key Financials TTM
Total Revenue TTM	43	44	46	44	41	39	35	37	36	36	36	35
Ebitda TTM	9	9	8	7	7	7	6	6	5	5	4	4
Operating Income TTM	8	8	8	7	7	7	5	5	5	4	4	4
Net Income TTM	9	8	7	6	6	6	5	5	4	4	3	3
Growth Rates Quarterly
Total Revenue Growth	-12.9%	-17.4%	24.8%	32.1%	21.9%	39.2%	-15.9%	17.0%	-0.8%	-1.6%	13.8%	18.0%
EBITDA Growth	19.4%	22.6%	55.1%	-3.3%	36.4%	103.2%	11.4%	46.4%	22.6%	134.8%	17.3%	883.4%
Operating Income Growth	20.2%	23.5%	60.2%	-3.3%	40.7%	117.0%	14.0%	51.0%	25.5%	181.4%	19.7%	6611.2%
Net Income Growth	35.8%	54.8%	65.2%	6.3%	46.0%	111.4%	19.0%	56.7%	42.5%	223.9%	31.1%	5305.6%
Margins Quarterly
EBITDA Margin	24.0%	28.6%	18.1%	15.7%	17.5%	19.3%	14.6%	21.4%	15.7%	13.2%	11.0%	17.1%
Operating Income Margin	22.7%	27.4%	17.0%	14.9%	16.5%	18.4%	13.2%	20.3%	14.3%	11.8%	9.8%	15.7%
Net Income Margin	23.9%	30.6%	16.5%	14.0%	15.3%	16.3%	12.5%	17.4%	12.8%	10.7%	8.8%	13.0%
Cash & Debt
Total Cash	47	44	38	28	23	23	21	17	16	15	18	16
Total Debt	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt / (Cash)	-47	-44	-38	-28	-23	-23	-21	-17	-16	-15	-18	-16
Cash Flows Quarterly
FCF from Operations	6	3	11	5	1	3	1	3	3	-3	2	4
Cash Flows TTM
FCF from Operations TTM	25	21	21	11	9	11	4	5	6	4	8	7
Returns to Shareholders Quarterly
Dividends	3	1	1	1	1	1	0	1	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-	-	-	-	-	-	-	-	-	-	-	-
Return on Invested Capital (ROIC) TTM
ROIC TTM	-	-	-	-	-	-	-	-	-	-	-	-

Segment Financials

Revenue by Segment

$ Mil	2025	2024	2023	2022	2021
Single segment	39	36	32	28	32
Total	39	36	32	28	32

Price Behavior

Price Behavior

Market Price	$43.00
Market Cap ($ Bil)	0.1
First Trading Date	03/17/1992
Distance from 52W High	-16.3%
	50 Days	200 Days
DMA Price	$39.06	$38.15
DMA Trend	up	down
Distance from DMA	10.1%	12.7%
	3M	1YR
Volatility	39.0%	46.3%
Downside Capture	141.76	79.42
Upside Capture	113.94	118.61
Correlation (SPY)	14.1%	21.8%

ESP Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	-0.09	0.16	0.47	0.63	0.50	0.50
Up Beta	-0.79	-1.02	-0.75	0.13	0.37	0.49
Down Beta	-0.06	-0.02	-0.46	-0.84	0.06	0.07
Up Capture	14%	39%	57%	132%	105%	69%
Bmk +ve Days	12	25	38	73	141	426
Stock +ve Days	12	22	31	69	127	380
Down Capture	3%	66%	170%	150%	90%	81%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	7	19	30	55	118	353

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of ESP With Other Asset Classes (Last 1Y)
	ESP	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	57.8%	12.7%	12.1%	61.5%	2.2%	-2.2%	-12.7%
Annualized Volatility	46.1%	19.0%	19.7%	19.3%	15.9%	17.7%	35.4%
Sharpe Ratio	1.12	0.50	0.46	2.36	-0.05	-0.28	-0.17
Correlation With Other Assets		22.0%	21.5%	11.3%	11.0%	15.9%	13.3%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of ESP With Other Asset Classes (Last 5Y)
	ESP	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	18.2%	13.1%	14.4%	18.3%	11.4%	4.8%	36.3%
Annualized Volatility	41.4%	17.2%	17.1%	15.5%	18.9%	18.9%	48.9%
Sharpe Ratio	0.53	0.61	0.68	0.95	0.49	0.17	0.63
Correlation With Other Assets		15.4%	14.5%	4.2%	4.1%	10.9%	4.9%

Based On 10-Year Data

		Comparison of ESP With Other Asset Classes (Last 10Y)
	ESP	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	9.4%	13.1%	14.5%	14.6%	6.1%	5.4%	70.7%
Annualized Volatility	36.7%	19.9%	18.0%	14.7%	17.7%	20.8%	55.9%
Sharpe Ratio	0.36	0.59	0.69	0.82	0.27	0.23	0.91
Correlation With Other Assets		18.0%	17.8%	0.2%	6.2%	15.6%	7.1%

Short Interest

Short Interest: As Of Date	11282025
Short Interest: Shares Quantity	6,917
Short Interest: % Change Since 11152025	-32.7%
Average Daily Volume	12,607
Days-to-Cover Short Interest	1
Basic Shares Quantity	2,719,387
Short % of Basic Shares	0.3%

Returns Analyses

	Title
0	Can Espey Manufacturing & Electronics Stock Hold Up When Markets Turn?
1	Espey Manufacturing & Electronics Stock Return Comparison
2	Espey Mfg. & Electronics (ESP) Stock Return: AI Predicts ESP Average and Excess Return After a Fall or Rise

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
8/24/2009	-0.5%	2.5%	10.2%
8/20/2008	1.9%	5.2%	-4.3%
8/21/2007	1.7%	2.1%	-6.6%
8/29/2006	-0.1%	5.2%	-0.9%
8/18/2005	0.4%	1.1%	2.5%
5/18/2005	0.6%	4.3%	11.7%
2/15/2005	0.0%	1.0%	2.9%
11/12/2004	1.6%	-4.3%	-3.2%
...
SUMMARY STATS
# Positive	7	8	5
# Negative	2	1	4
Median Positive	0.6%	2.3%	6.1%
Median Negative	-0.3%	-4.3%	-3.7%
Max Positive	1.9%	5.2%	11.7%
Max Negative	-0.5%	-4.3%	-6.6%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	11122025	10-Q 9/30/2025
6302025	9162025	10-K 6/30/2025
3312025	5122025	10-Q 3/31/2025
12312024	2122025	10-Q 12/31/2024
9302024	11132024	10-Q 9/30/2024
6302024	9272024	10-K 6/30/2024
3312024	5132024	10-Q 3/31/2024
12312023	2122024	10-Q 12/31/2023
9302023	11132023	10-Q 9/30/2023
6302023	9212023	10-K 6/30/2023
3312023	5152023	10-Q 3/31/2023
12312022	2132023	10-Q 12/31/2022
9302022	11102022	10-Q 9/30/2022
6302022	9222022	10-K 6/30/2022
3312022	5162022	10-Q 3/31/2022
12312021	2142022	10-Q 12/31/2021

Insider Activity

Expand for More

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	ONEIL DAVID A	President & CEO	6042025	Sell	38.00	1,023	38,874		Form
1	ONEIL DAVID A	President & CEO	6022025	Sell	38.05	1,977	75,225	38,925	Form
2	ONEIL DAVID A	President & CEO	5232025	Sell	36.00	687	24,732	155,268	Form
3	ONEIL DAVID A	President & CEO	5202025	Sell	35.80	5,000	179,000	179,000	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Espey Manufacturing & Electronics (ESP)

Market Price (12/18/2025): $42.17 | Market Cap: $114.7 MilSector: Industrials | Industry: Electrical Components & Equipment

Espey Manufacturing & Electronics (ESP)

Market Price (12/18/2025): $42.17Market Cap: $114.7 MilSector: IndustrialsIndustry: Electrical Components & Equipment

Valuation, Metrics & Events

ESP Stock

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About Espey Manufacturing & Electronics (ESP)

Key Risks to Espey Manufacturing & Electronics (ESP)

Espey Manufacturing & Electronics (ESP) Expected Drivers of Future Revenue Growth

Interactive Breakdown

Better Bets than Espey Manufacturing & Electronics (ESP)

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Market Price (12/18/2025): $42.17 | Market Cap: $114.7 Mil
Sector: Industrials | Industry: Electrical Components & Equipment

Market Price (12/18/2025): $42.17
Market Cap: $114.7 Mil
Sector: Industrials
Industry: Electrical Components & Equipment