10-K - CompX International Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

CompX International Inc. reported improved financial performance for fiscal year 2025. Net sales increased 8% year-over-year to $158.3 million, recovering from a 10% decline in 2024. Gross margin improved significantly to $48.2 million (30.4% of net sales) from $41.3 million in 2024, driven by higher sales and improved gross margin at both the Security Products and Marine Components segments. Operating income increased 33% to $22.6 million, representing 14.3% of net sales. Net income reached $19.5 million, with earnings per share of $2.00. The company generated $22.9 million in operating cash flow and paid $27.1 million in dividends. Key growth drivers included higher Security Products sales to the government security market and increased Marine Components sales to towboat, government, and industrial markets.

Key Takeaways

1Net sales increased 8% to $158.3M in 2025, recovering from a 10% decline in 2024.

2Gross margin improved to 30.4% of sales, up from 28.3% in 2024.

3Operating income grew 33% to $22.6M with operating margin of 14.3%.

4Net income was $19.5M with earnings per share of $2.00.

5The company paid $27.1M in dividends, exceeding net income.

Key Financial Metrics

EPS

$2.00

Revenue

$158.3M

+8%

Net Income

$19.5M

Gross Margin

30.4%

28.3% prior year

Gross Profit

$48.2M

+16%

Operating Income

$22.6M

+33%

operating margin

14.3%

Business Segments

Security ProductsHigher sales to government security market drove segment performance

Marine ComponentsIncreased sales to towboat, government and industrial markets