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ESP · AMEX · Electrical Equipment & Parts

Espey Mfg. & Electronics (ESP)

Custom power conversion and magnetics for military and industrial platforms.

$64.05
vs last close+0.36 (+0.57%)
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Espey Mfg. & Electronics Corp.ESP
Industrials

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

CEODavid A. O'Neil
ListedMar 17, 1980
ExchangeAMEX
HeadquartersSaratoga Springs, NY
CountryUnited States
Employees152
CIK0000033533
ISINUS2966501049

Market cap$190.8M
EPS (ttm)$3.79
P/E (ttm)16.80
ROE20.4%
P/B3.38
P/S4.52
Dividend yieldDiv yield2.75%
Beta0.75vs XLI 0.68

No analyst consensus on record.

Next report
Sep 22, 26
estimated · today
EPS estimate
$0.96
Revenue estimate
$14.8M
Fiscal quarter
Q4 FY26

EPSReportedEstimate

Nov '24Feb '25May '25Sep '25Nov '25Feb '26May '26Sep '26
Reported$0.61$0.71$0.63$1.05$0.76$0.99$0.99Pending
Estimate$0.46$0.56$0.67$0.67$0.76$0.88$0.96
Surprise+54.3%+12.5%+56.7%+13.4%+30.3%+12.5%

RevenueReportedEstimate

Nov '24Feb '25May '25Sep '25Nov '25Feb '26May '26Sep '26
Reported$10.4M$13.6M$10.3M$9.6M$9.1M$12.1M$11.4MPending
Estimate$10.9M$12.0M$11.1M$11.1M$12.4M$13.2M$14.8M
Surprise+25.1%−13.9%−13.9%−18.4%−2.1%−13.5%
Estimate$0.96
ReportedDue Sep 22, 2026
Estimate$14.8M
ReportedDue Sep 22, 2026
View details

Debt to equity0.00%
Current ratio227.70%

ProfitabilityRevenueNet incomeNet margin

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$11.6M$10.4M$13.6M$10.3M$9.6M$9.1M$12.1M$11.4M
Net income$1.9M$1.6M$1.9M$1.7M$2.9M$2.2M$2.8M$2.9M
Net margin16.3%15.3%14.0%16.5%30.6%23.9%23.1%25.1%

GrowthOperating income

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Operating income$2.1M$1.7M$2.0M$1.8M$2.6M$2.1M$3.1M$3.0M
YoY growth+117.0%+40.7%−3.3%+60.2%+23.5%+20.2%+51.7%+70.4%

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
View details

Dividend yield
2.75%
Next ex-date
Dec 18, 26
estimated · in 87 days
Annual dividend
$1.75
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Sep '24Dec '24Mar '25Jun '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.25$0.25$0.25$0.25$0.25$0.25$0.25$1.00
Annual yield3.26%3.15%3.56%2.46%1.16%1.87%1.67%2.70%
Ex-dateSep 20Dec 20Mar 21Jun 16Dec 19Mar 20Jun 15Sep 18
Payment dateSep 27Dec 27Mar 28Jun 23Dec 26Mar 27Jun 22Sep 25
View details

Institutions36.09%1.08M shares
79 holders · as of Jun 30, 2026
Insiders8.33%249.7K shares
2 holders · as of Sep 11, 2026
Other55.58%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

HolderStakeSharesDate
Plan and Trust (“ESOP”)Institution
25.66%768,663filed Feb 1, 2021
and Trust (“ESOP”)Institution
25.31%758,364filed Feb 10, 2022
Espey Mfg. & Electronics Corp. Employee Retirement Plan & TrustInstitution
17.94%537,345filed Jan 26, 2026
Stanley KesselmanInsider
8.25%247,177filed Jan 10, 2022
BlackRock, Inc.Institution
3.87%115,929as of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • 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

CompanyPriceChange
Espey Mfg. & Electronics$64.05+0.57%$190.8M16.818.64.5+10.9%
Crane$200.79+0.92%$11.49B34.727.44.4+25.6%
Standex International$268.46+2.27%$3.18B30.226.93.6+2.8%
Vicor$255.01+13.89%$10.15B71.853.421.4+49.3%
Median34.727.44.4+25.6%