Standex International Corporation manufactures and sells products and services for commercial and industrial markets in the United States and internationally. It operates through Electronics, Engineering Technologies, Scientific, Engraving, and Specialty Solutions segments. The company offers reed relays, fluid level, proximity, motion, flow, HVAC condensate, custom electronic and current sensors, instrument transformers, wound transformers, bushings, inductors, current sense and planar transformer technology, value added assemblies, mechanical packaging applications under the Standex Electronics, Standex-Meder Electronics, Renco Electronics, Northlake Engineering, Agile Magnetics, Sensor Solutions, Standex Electronics Japan, Minntronix, Nascentechnology, Sanyu, Amran Instruments, and Narayan Powertech brands. It also provides mold texturizing, slush molding tools, project management and design services, roll engraving, hygiene product tooling, low observation vents for stealth aircraft, and process machinery services under the Piazza Rosa, World Client Services, Tenibac-Graphion, GS Engineering, and Innovent brands. In addition, it provides specialty temperature-controlled equipment for medical, scientific, pharmaceutical, biotech, and industrial markets under the American BioTech Supply, Lab Research Products, Corepoint, Cryosafe, CryoGuard, and Custom Biogenic Systems brands; and net and near net formed single-source customized solutions for the aviation, aerospace, defense, energy, industrial, medical, marine, oil and gas, and manned and unmanned space markets under the Spincraft and McStarlite brands. Further, it offers refrigerated, heated, display cases, single and double acting telescopic, and piston rod hydraulic cylinders under the Federal and Custom Hoist brands. The company was founded in 1955 and is headquartered in Salem, New Hampshire.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $790M | $128M | $56M | $41M | 7.8% | 9.6% | -23.7% |
| 2024 | $721M | $128M | $73M | $72M | 11.8% | -2.8% | -47.4% |
| 2023 | $741M | $198M | $139M | $67M | 22.9% | 0.8% | 126.4% |
| 2022 | $735M | $117M | $61M | $54M | 12.3% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 735.34 | 741.05 | 720.64 | 790.11 |
| Operating Revenue | - | 735.34 | 741.05 | 720.64 | 790.11 |
| Cost Of Revenue | - | 465.39 | 455.95 | 438.63 | 474.86 |
| Gross Profit | - | 269.95 | 285.10 | 282 | 315.25 |
| Operating Expense | - | 175.64 | 171.72 | 169.71 | 193.36 |
| Selling General And Administration | - | 169.89 | 172.34 | 169.60 | 193.36 |
| Total Expenses | - | 641.03 | 627.68 | 608.34 | 668.22 |
| Operating Income | - | 94.31 | 113.37 | 112.29 | 121.89 |
| Total Operating Income As Reported | - | 88.29 | 171.09 | 101.74 | 93.55 |
| EBITDA | - | 116.86 | 197.83 | 127.81 | 128.18 |
| Normalized EBITDA | - | 122.88 | 140.11 | 138.36 | 156.52 |
| EBIT | - | 87.16 | 169.35 | 99.67 | 92.74 |
| Interest Expense | - | 5.87 | 5.40 | 4.54 | 23.93 |
| Net Interest Income | - | -5.87 | -5.40 | -4.54 | -23.93 |
| Other Non Operating Income Expenses | - | -1.13 | -1.74 | -2.07 | -0.81 |
| Other Income Expense | - | -7.15 | 55.98 | -12.62 | -29.14 |
| Interest Expense Non Operating | - | 5.87 | 5.40 | 4.54 | 23.93 |
| Net Non Operating Interest Income Expense | - | -5.87 | -5.40 | -4.54 | -23.93 |
| Pretax Income | - | 81.29 | 163.95 | 95.12 | 68.81 |
| Tax Provision | - | 19.81 | 24.80 | 21.53 | 11.08 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -1.47 | 8.72 | -2.39 | -4.57 |
| Net Income Continuous Operations | - | 61.48 | 139.15 | 73.59 | 57.73 |
| Net Income From Continuing And Discontinued Operation | - | 61.39 | 138.99 | 73.07 | 55.76 |
| Net Income From Continuing Operation Net Minority Interest | - | 61.48 | 139.15 | 73.59 | 55.80 |
| Net Income | - | 61.39 | 138.99 | 73.07 | 55.76 |
| Net Income Common Stockholders | - | 61.39 | 138.99 | 73.07 | 55.76 |
| Net Income Including Noncontrolling Interests | - | 61.39 | 138.99 | 73.07 | 57.68 |
| Normalized Income | - | 66.03 | 90.15 | 81.76 | 79.57 |
| Diluted NI Availto Com Stockholders | - | 61.39 | 138.99 | 73.07 | 55.76 |
| Basic Average Shares | - | 11.97 | 11.81 | 11.76 | 11.93 |
| Diluted Average Shares | - | 12.12 | 12.01 | 11.90 | 12.02 |
| Reconciled Depreciation | - | 29.70 | 28.47 | 28.14 | 35.44 |
| Reconciled Cost Of Revenue | - | 465.39 | 455.95 | 438.63 | 474.86 |
| Total Unusual Items | - | -6.02 | 57.72 | -10.55 | -28.34 |
| Total Unusual Items Excluding Goodwill | - | -6.02 | 57.72 | -10.55 | -28.34 |
| Minority Interests | - | - | 0 | 0 | -1.92 |
| Net Income Discontinuous Operations | - | -0.09 | -0.16 | -0.52 | -0.04 |
| Special Income Charges | - | -6.02 | 57.72 | -10.55 | -28.34 |
| Gain On Sale Of Business | - | 0 | 62.10 | 0.27 | 0 |
| Restructuring And Mergern Acquisition | - | 6.02 | 4.39 | 10.83 | 28.34 |
| Other Operating Expenses | - | 5.74 | -0.61 | 0.11 | - |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Standex International Corporationthis co. | SXI | $3.6B | 64.67β premium | 5.07 | 7.8% | 32.03 |
| Griffon Corporation | GFF | $3.9B | 77.09 | 53.26 | 69.1% | 18.97 |
| Mueller Water Products, Inc. | MWA | $3.9B | 20.48 | 4.00 | 19.5% | 12.33 |
| Korn Ferry | KFY | $3.7B | 14.92 | 1.97 | 13.2% | 7.26 |
| Otter Tail Corporation | OTTR |
| 2021 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| $3.6B |
| 13.16 |
| 1.95 |
| 14.8% |
| 8.92 |
| Kadant Inc. | KAI | $3.6B | 35.19 | 3.66 | 10.4% | 18.27 |
| The GEO Group, Inc. | GEO | $3.4B | 13.21 | 2.23 | 16.9% | 7.99 |
| SkyWest, Inc. | SKYW | $3.3B | 7.72 | 1.20 | 15.6% | 5.47 |
| ArcBest Corporation | ARCB | $3.3B | 54.12 | 2.51 | 4.6% | 13.60 |
| Peer Median | - | 17.70 | 2.37 | 15.2% | 10.62 | |