Eastern (EML) financial statements
Eastern reported revenue of $249M in fiscal 2025, up 6.8% a year over 9 years.
Net income was $7M and the operating margin 4.3%, against 8.1% in 2016.
Free cash flow was $5M, and the company returned $3M in dividends and $4M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Eastern's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $138M | $204M | $234M | $252M | $198M | $247M | $279M | $259M | $273M | $249M |
| Cost of revenue | $101M | $154M | $176M | $190M | $150M | $190M | $221M | $197M | $205M | $192M |
| Gross profit | $36M | $50M | $59M | $62M | $48M | $57M | $59M | $62M | $67M | $57M |
| Research and development | $2M | $6M | $7M | $6M | $3M | $4M | $4M | $6M | $5M | $4M |
| Selling, general and admin | $23M | $32M | $34M | $36M | $30M | $35M | $40M | $39M | $42M | $42M |
| Operating income | $11M | $12M | $18M | $17M | $14M | $17M | $14M | $17M | $20M | $11M |
| Interest expense | $121,500 | $976,512 | $1M | $2M | $2M | $2M | $2M | $3M | $3M | $3M |
| Pre-tax income | $11M | $11M | $18M | $16M | $13M | $19M | $14M | $15M | $17M | $7M |
| Income tax | $3M | $6M | $3M | $3M | $2M | $2M | $414,855 | $3M | $4M | $2M |
| Net income | $8M | $5M | $15M | $13M | $5M | $9M | $12M | $9M | -$9M | $7M |
| EPS (diluted) | $1.25 | $0.80 | $2.31 | $2.12 | $1.76 | $2.58 | $1.97 | $1.37 | -$1.37 | $1.17 |
| Diluted shares | 6M | 6M | 6M | 6M | 6M | 6M | 6M | 6M | 6M | 6M |
| Gross margin | 26.4% | 24.4% | 25.1% | 24.6% | 24.3% | 23.0% | 21.0% | 23.9% | 24.7% | 22.9% |
| Operating margin | 8.1% | 5.9% | 7.6% | 6.9% | 6.8% | 7.1% | 5.1% | 6.6% | 7.4% | 4.3% |
| Net margin | 5.7% | 2.5% | 6.2% | 5.3% | 2.7% | 3.8% | 4.4% | 3.3% | -3.1% | 2.9% |
Balance sheet
Fiscal years, from Eastern's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $23M | $22M | $14M | $18M | $15M | $6M | $10M | $9M | $16M | $7M |
| Receivables | $18M | $27M | $30M | $38M | $32M | $43M | $43M | $34M | $36M | $30M |
| Inventory | $34M | $47M | $53M | $55M | $43M | $63M | $65M | $58M | $55M | $56M |
| Total current assets | $78M | $100M | $101M | $116M | $112M | $124M | $125M | $112M | $116M | $99M |
| Property, plant and equipment | $26M | $29M | $30M | $41M | $29M | $28M | $26M | $24M | $28M | $27M |
| Goodwill | $15M | $32M | $35M | $80M | $72M | $72M | $71M | $59M | $59M | $59M |
| Total assets | $124M | $176M | $181M | $281M | $276M | $266M | $262M | $252M | $235M | $217M |
| Total current liabilities | $13M | $31M | $30M | $35M | $41M | $50M | $47M | $43M | $45M | $28M |
| Long-term debt | $892,857 | $29M | $26M | $94M | $82M | $64M | $55M | $41M | $39M | $34M |
| Total liabilities | $42M | $90M | $84M | $175M | $171M | $152M | $135M | $120M | $115M | $92M |
| Shareholders' equity | $82M | $87M | $97M | $105M | $104M | $115M | $127M | $132M | $121M | $125M |
| Net debt | -$21M | $13M | $15M | $81M | $73M | $65M | $54M | $36M | $28M | $26M |
Cash flow
Fiscal years, from Eastern's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $12M | $11M | $13M | $23M | $15M | -$8M | $7M | $26M | $19M | $9M |
| Capital spending | $3M | $3M | $5M | $5M | $2M | $4M | $3M | $6M | $10M | $4M |
| Free cash flow | $10M | $8M | $7M | $18M | $12M | -$11M | $4M | $20M | $10M | $5M |
| Stock-based compensation | $149,572 | $354,501 | $493,767 | $656,925 | $849,226 | $1M | $966,157 | $364,694 | $1M | $894,091 |
| Dividends paid | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M |
| Share buybacks (net) | — | $0 | -$1M | $0 | -$368,864 | -$369,651 | -$2M | -$735,783 | -$3M | -$4M |
| Net borrowing | -$1M | $28M | -$2M | $70M | -$10M | -$17M | -$17M | -$20M | -$3M | -$9M |
| Free cash flow margin | 6.9% | 4.1% | 3.2% | 7.0% | 6.2% | -4.7% | 1.4% | 7.7% | 3.5% | 2.0% |
| Dividends per share | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 | $0.44 |
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Open EML in InvestinglyQuestions
What was Eastern's revenue in 2025?
$249M in fiscal 2025, from its 10-K filing.
How much free cash flow does Eastern generate?
$5M in fiscal 2025 (operating cash flow minus capital spending).
From Eastern's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.