Espey Mfg. & Electronics (ESP)
Custom power conversion and magnetics for military and industrial platforms.
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Supplies custom power-conversion equipment, power magnetics and integrated manufacturing services for military and severe-environment industrial platforms. Most sales arise from fixed-price military contracts, while customer-funded engineering supports later production and all core operations are concentrated at one Saratoga Springs site.
Designs and manufactures custom, high-reliability power-conversion equipment, power magnetics and integrated power-distribution systems for military and severe-environment industrial platforms. The portfolio spans AC-DC, DC-DC and DC-AC supplies, transformers, inductors, filters, battery chargers, intelligent distribution units and smart circuit breakers, alongside build-to-print manufacturing and environmental qualification testing.
Earns most sales through fixed-price military contracts with defense companies, U.S. government customers and other agencies, while also serving industrial manufacturers. Customer-funded engineering can precede follow-on production, and work is sold directly or through representatives and prime contractors. Administration, engineering, manufacturing and testing are concentrated at its Saratoga Springs site, making execution dependent on government appropriations, a small group of major customers, suppliers and skilled labor.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Mar 31, 2026Cash & short-term investments $46.7M · Total debt $0 · Total assets $96.0M · Shareholders' equity $56.4M
- Revenue
- $11.4M
- Operating income
- $3.0M
- Net income
- $2.9M
HistoryDividendAnnual yield
| Institutions | 36.09% | 1.08M shares | |
|---|---|---|---|
| 79 holders · as of Jun 30, 2026 | |||
| Insiders | 8.33% | 249.7K shares | |
| 2 holders · as of Sep 11, 2026 | |||
| Other | 55.58% | 1.66M shares | |
| remainder | |||
3.00M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Plan and Trust (“ESOP”)Institution | 25.66% | 768,663 | filed Feb 1, 2021 |
and Trust (“ESOP”)Institution | 25.31% | 758,364 | filed Feb 10, 2022 |
Espey Mfg. & Electronics Corp. Employee Retirement Plan & TrustInstitution | 17.94% | 537,345 | filed Jan 26, 2026 |
Stanley KesselmanInsider | 8.25% | 247,177 | filed Jan 10, 2022 |
BlackRock, Inc.Institution | 3.87% | 115,929 | as of Jun 30, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
- Crane
Rugged defense power conversion and radar-platform rival.
- Standex International
Custom high-reliability magnetics and power-conversion rival.
- Vicor
High-density MIL-COTS power modules for defense and rail.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Espey Mfg. & Electronics | $64.05 | +0.57% | $190.8M | 16.8 | 18.6 | 4.5 | +10.9% |
| Crane | $200.79 | +0.92% | $11.49B | 34.7 | 27.4 | 4.4 | +25.6% |
| Standex International | $268.46 | +2.27% | $3.18B | 30.2 | 26.9 | 3.6 | +2.8% |
| Vicor | $255.01 | +13.89% | $10.15B | 71.8 | 53.4 | 21.4 | +49.3% |
| Median | 34.7 | 27.4 | 4.4 | +25.6% |






