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The L.S. Starrett Company SCX
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Quarterly report 2024-Q3
added 05-16-2026

The L.S. Starrett Company Income Statement 2023-2009 | SCX

Brief overview of profit and loss at The L.S. Starrett Company

The figures are compared over a five-year interval. According to figures from The L.S. Starrett Company, revenue changed from $56.5 million to $256 million over five years. Overall revenue changed by +353.2%, equal to an annualized rate of about 35.3%. Sales grew at a rate typical of a strong expansion phase.

Gross profit was 18.5 million dollars at the start and 82.5 million dollars at the end of the period (+344.7%). Direct costs grew more slowly than revenue and improved the economics of sales. Comparing the endpoints gives gross margins of 32.8% and 32.2%. The relationship between gross profit and revenue changed only slightly.

EBITDA was $13 million at the beginning and $24.1 million at the end of the period (+85.3%). EBITDA underperformed the top-line trend. At the operating-margin level, the figure shifted from 23% to 9.4%. The margin contraction indicates weaker operating efficiency.

Over the period, net income shifted from $1.9 million to $23.1 million (+1098.8%). Net profit ended the five years at a local peak.

The market value of the business moved from $44.5 million to $83.8 million, or +88.2%. Investors responded cautiously to the improvement in the business.

Conclusion

Positive developments coexist with areas of weakness. The strongest signals are revenue expansion, a stable gross margin and net-income growth. The most visible risks are weaker operating efficiency. Further direction will depend on top-line growth, operating profitability, and net income.

Annual Income Statement The L.S. Starrett Company

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009

Market Cap

 83.8 M 49.6 M 64.1 M 30.2 M 39.2 M 44.5 M 58.2 M 73.7 M 61.3 K 133 M 93.9 M 60.7 M 77.5 M - -

Shares

 7.39 M 7.23 M 7.07 M 6.95 M 6.96 M 7.01 M 7.05 M 7.02 M 6.98 K 6.93 M 6.8 M 6.76 M 6.7 M 6.67 M -

Historical Prices

 11.3 6.86 9.06 4.34 5.63 6.35 8.25 10.5 8.77 19.1 13.8 8.98 11.6 - -

Net Income

 23.1 M 14.9 M 2.53 M 3.86 M 1.26 M 1.93 M -6.52 M 1.06 M 458 K 2.45 M 1.78 M 476 K 1.72 M 1.69 M -

Revenue

 256 M 254 M 61.3 M 42.5 M 56.9 M 56.5 M 52.1 M 53.2 M 242 M 247 M 244 M 260 M 245 M - -

Cost of Revenue

 174 M 169 M 146 M 139 M 153 M 147 M 144 M 163 M - - - - - - -

Gross Profit

 82.5 M 84.2 M 19 M 17.6 M 18.8 M 18.5 M 16.1 M 16.8 M 16 M 22.2 M 20.3 M 18.8 M 22.1 M 19.3 M -

Operating Income

 18.9 M 21.6 M 16.6 M -5.3 M 11.2 M 5.52 M -147 K -20.4 M 8.6 M 11.9 M -1.28 M -1.85 M 12.4 M -9.45 M -

Interest Expense

 1.41 M 1.26 M 999 K 975 K 976 K 845 K 674 K 669 K 713 K 800 K 968 K 712 K 257 K 484 K -

EBITDA

 24.1 M 28.2 M 22.9 M 1.89 M 18.6 M 13 M 6.88 M -13.2 M 17.3 M 21.3 M 7.25 M 7.19 M 21.8 M 589 K -

Operating Expenses

 - - - - 64.2 M 62.7 M 61.9 M 63.2 M 67.8 M 69.1 M 73.1 M 79.9 M 70.8 M - -

General and Administrative Expenses

 63.3 M 62.3 M 56.3 M 59.4 M 63.7 M 64 M 61.8 M 63.3 M 68.1 M 69.2 M 73.1 M 79.9 M 70.8 M 64.1 M -

All numbers in USD currency

Quarterly Income Statement The L.S. Starrett Company

2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

 7.5 M 7.5 M 7.44 M 7.5 M 7.43 M 7.3 M 7.4 M 7.26 M 7.4 M 7.13 M 7.24 M 7.1 M 7.24 M 6.99 M 7.08 M 6.96 M 6.96 M 6.9 M 6.96 M 6.89 M 7.02 M 7.02 M 7.02 M 7.02 M 7.01 M 7.01 M 7.01 M 7.06 M 7.05 M 7.03 M 7.05 M 7.01 M 7.02 M 7.01 M 7.02 M 6.99 M 6.97 M 6.96 M 6.97 M 6.94 M 6.92 M 6.9 M 6.92 M 6.8 M 6.79 M 6.78 M 6.79 M 6.76 M 6.75 M 6.74 M 6.75 M 6.74 M 6.75 M 6.74 M

Net Income

 638 K -394 K 1.92 M -394 K 7.47 M 2.06 M 3.13 M 4.28 M 3.13 M 3.23 M 2.53 M 3.02 M 2.53 M 4.12 M 3.86 M 613 K 1.26 M 778 K 1.26 M 2.09 M 1.93 M 584 K 1.93 M 1.64 M -6.52 M 426 K -6.52 M -786 K 1.06 M 759 K 1.06 M 597 K 458 K -178 K 458 K 2.44 M 2.45 M 923 K 2.45 M 1.68 M 1.78 M 216 K 1.78 M -1.48 M 476 K -351 K 476 K 1.57 M 1.72 M 2.25 M 1.72 M 2.25 M 1.72 M 2.25 M

Revenue

 60.8 M 62.1 M 60.6 M 62.1 M 61.7 M 60.5 M 66.8 M 60.5 M 66.8 M 61.5 M 61.3 M 54.9 M 61.3 M 49.4 M 54.1 M 50 M 56.9 M 52.1 M 56.9 M 58.5 M 56.5 M 51.9 M 56.5 M 54.8 M 57.6 M 51.9 M 52.1 M 51.8 M 104 M 50.7 M 53.2 M 48.9 M 53.2 M 48.9 M 53.7 M 51 M 53.7 M 51 M 63.8 M 60.2 M 63.8 M 60.2 M 61.8 M 57.5 M 61.8 M 57.5 M 59.8 M 56.9 M 59.8 M 56.9 M 62.2 M 63.4 M 62.2 M 63.4 M

Cost of Revenue

 43.2 M 43.1 M 41.1 M 43.1 M 42.5 M 40.3 M 45.2 M 39.5 M 45.2 M 41.4 M 42.4 M 36.8 M 42.4 M 33.8 M 36.4 M 35.2 M 38.2 M 34.4 M 38.2 M 39.5 M 38.1 M 35.4 M 38 M 36.8 M 38.1 M 35.4 M 36.2 M 35.3 M - 36.2 M - - - - - - - - - - - - - - - - - - - - - - - -

Gross Profit

 17.6 M 19 M 19.5 M 19 M 19.2 M 20.2 M 21.6 M 21 M 21.6 M 20.1 M 19 M 18.1 M 19 M 15.6 M 17.6 M 14.8 M 18.6 M 17.7 M 18.8 M 19 M 18.4 M 16.5 M 18.5 M 18.1 M 15.9 M 16.5 M 16.1 M 14.5 M 16.8 M 13.9 M 16.8 M 14.7 M 16 M 15.9 M 16 M 18.7 M 22.2 M 19.1 M 22.2 M 19.3 M 20.3 M 17.8 M 20.3 M 15.9 M 18.8 M 17.7 M 18.8 M 21.5 M 22.1 M 21.6 M 22.1 M 21.6 M 22.1 M 21.6 M

Operating Income

 710 K 2.49 M 2.46 M 2.49 M 4.11 M 3.72 M 5.96 M 5.37 M 5.96 M 4.13 M 4.2 M 3.85 M 4.2 M 1.84 M 6.2 M 64 K 2.76 M 1.44 M 2.76 M 3.3 M 3.28 M 768 K 3.45 M 2.21 M 444 K 449 K 444 K -853 K 1.83 M -1.85 M 1.83 M 914 K 1.2 M 179 K 1.2 M 3.12 M 3.7 M 1.07 M 3.7 M 2.92 M 2.43 M 736 K 2.43 M -1.76 M 854 K -882 K 854 K 2.78 M 3.2 M 1.93 M 3.2 M 1.93 M 3.2 M 1.93 M

EBITDA

 4.96 M 5.27 M 3.84 M - 8 M 5 M 5.96 M 9.29 M 8.55 M 5.4 M 4.2 M 7.76 M 6.77 M 3.2 M 6.2 M 3.8 M 5.19 M 2.66 M 2.76 M 7.07 M 5.84 M 2.03 M 3.45 M 6.38 M 3.25 M 1.85 M 444 K 3.17 M 4.56 M -460 K 1.83 M 5.3 M 4.26 M 1.74 M 1.2 M 8.94 M 7.66 M 3.06 M 3.7 M 9.01 M 6.5 M 2.76 M 2.43 M 4.67 M 5.24 M 1.28 M 854 K 9.56 M 7.7 M 4.23 M 3.2 M 4.23 M 7.7 M 4.23 M

General and Administrative Expenses

 16.9 M 16.5 M 17.1 M 16.5 M 15.1 M 16.3 M 15.6 M 15 M 15.6 M 16 M 14.7 M 13.5 M 14.7 M 13.4 M 14.2 M 14.8 M 15.9 M 16.3 M 15.9 M 15.7 M 15.1 M 15.8 M 15.1 M 15.9 M 15.5 M 16.1 M 15.5 M 15.3 M 14.9 M 15.4 M 14.9 M 13.8 M 14.8 M 15.7 M 14.8 M 15.6 M 18.5 M 18.1 M 18.5 M 16.3 M 17.9 M 17.1 M 17.9 M 17.7 M 17.9 M 18.6 M 17.9 M 18.7 M 18.9 M 19.7 M 18.9 M 19.7 M 18.9 M 19.7 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company The L.S. Starrett Company (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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