Eastern CoEML

NasdaqIndustrialsCutlery, Handtools & General Hardware
Price (close)
$24.60
Market cap
$148.0M
P/E
18.4x
Revenue (TTM)
$234.4M
Net income
$8.0M
Dividend yield
1.79%
1-year total return
3.1%
Net margin
3.4%
Revenue growth
-13.7%
Debt / equity
0.32x

What Eastern Co does.

The Eastern Company was incorporated under the laws of the State of Connecticut in October 1912, succeeding a co-partnership established in October 1858. The businesses of the Company design, manufacture and sell unique engineered solutions for industrial markets.

In the third quarter of 2024, the Company decided to sell Big 3 Mold and determined that the Big 3 Mold business met the criteria to be held for sale and that the assets held for sale qualified for discontinued operations. As such, the financial results of the Big 3 Mold business are reflected in our consolidated statements of income as discontinued operations for all periods presented. Additionally, current and non-current assets and liabilities of discontinued operations are reflected in the consolidated balance sheets for all periods presented. On April 30, 2025, the Company sold the equipment, workforce and customer list of the ISBM division of Big 3 Mold. ISBM, which is located in Centralia, Illinois, is an injection stretch blow mold toolmaker. As of January 3, 2026, the other divisions of Big 3 Mold have been reclassified to continuing operations.

The Eastern Company manages industrial businesses that design, manufacture and sell unique engineered solutions to industrial markets. We believe Eastern’s businesses operate in industries with long-term macroeconomic growth opportunities.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$197.6M$246.5M$279.3M$258.9M$272.8M$249.0M
Net income$5.4M$9.3M$12.3M$8.6M-$8.5M$7.1M
Free cash flow$12.2M-$11.5M$4.1M$20.0M$9.7M$4.9M

More on EML.

Figures from Eastern Co's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.