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SXI

Standex International Corporation

SXI

Standex International Corporation NYSE
$245.16 0.77% (+1.87)

Market Cap $2.97 B
52w High $247.16
52w Low $128.85
Dividend Yield 1.30%
P/E 56.23
Volume 40.33K
Outstanding Shares 12.12M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $217.431M $60.799M $15.056M 6.924% $1.25 $39.716M
Q4-2025 $222.049M $47.954M $14.826M 6.677% $1.24 $45.227M
Q3-2025 $207.78M $56.177M $21.88M 10.53% $1.83 $26.253M
Q2-2025 $189.814M $62.984M $857K 0.451% $0.072 $16.078M
Q1-2025 $170.464M $45.974M $18.197M 10.675% $1.54 $31.188M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $98.653M $1.555B $820.056M $707.659M
Q4-2025 $104.542M $1.567B $827.29M $711.677M
Q3-2025 $109.81M $1.555B $840.056M $686.928M
Q2-2025 $121.147M $1.483B $800.269M $656.034M
Q1-2025 $164.584M $1.038B $379.861M $658.021M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $15.795M $16.808M $-6.361M $-15.493M $-5.889M $10.379M
Q4-2025 $14.813M $33.425M $-10.09M $-30.952M $-5.268M $24.844M
Q3-2025 $22.778M $9.54M $-63.905M $41.392M $-11.337M $3.468M
Q2-2025 $870K $9.058M $-423.124M $376.324M $-43.437M $2.093M
Q1-2025 $18.188M $17.573M $-6.314M $-6.273M $10.381M $10.848M

Revenue by Products

Product Q1-2026
Electronics Products Group
Electronics Products Group
$110.00M
Engineering Technologies Group
Engineering Technologies Group
$30.00M
Engraving Group
Engraving Group
$40.00M
Scientific Group
Scientific Group
$20.00M
Specialty Solutions Group
Specialty Solutions Group
$20.00M

Five-Year Company Overview

Income Statement

Income Statement Standex’s income statement shows a business that has been growing slowly but improving in quality. Sales have edged up over the last few years, not explosively, but steadily. Profit margins are generally better than they were earlier in the period, suggesting the company has shifted more into higher‑value, higher‑margin products. That said, reported earnings per share have been quite up and down, with one standout year followed by more normal levels. That pattern often points to one‑time gains or accounting items rather than a fundamental swing in the underlying business. Stripping out that spike, the picture looks more like a gradual move toward stronger, more consistent profitability, not a boom‑and‑bust story.


Balance Sheet

Balance Sheet The balance sheet shows a company that has bulked up recently. Total assets jumped in the most recent year, which usually hints at acquisitions or a big round of investment. At the same time, debt has risen meaningfully, so Standex is now using more borrowing than it did a few years ago. Shareholders’ equity has also grown over time, which is a healthy sign and suggests the business has been building value overall. Cash on hand is reasonable but not excessive, meaning Standex is relying on a mix of its own cash generation and debt to fund growth. The key watchpoint going forward is how comfortably the company services this higher debt load and whether the new assets earn good returns.


Cash Flow

Cash Flow Cash flow looks steady and reliable rather than dramatic. Standex has consistently generated cash from its operations year after year, broadly in line with its profits, which supports the idea that earnings are backed by real cash, not just accounting entries. Free cash flow, after capital spending, has been positive across the period. Capital spending itself is moderate and quite stable, which fits an industrial business that is not extremely capital‑hungry but still has to invest to stay competitive. This steady cash generation gives Standex flexibility to pay down debt, invest in new projects, and continue doing bolt‑on acquisitions when opportunities arise.


Competitive Edge

Competitive Edge Standex competes in focused, specialized niches rather than in broad, commodity markets. Its strength lies in custom, engineered components and solutions—such as magnetic components, sensors, surface texturing, and advanced metal‑formed parts—that are deeply integrated into customers’ products and processes. Once designed in, these parts can be hard and costly for customers to switch out, which creates stickiness and a practical moat. The company also benefits from a global footprint and long‑standing relationships with large customers in automotive, aerospace, medical, and industrial markets. That said, it still faces cyclical risk from these end markets and competition from both large diversified industrials and nimble specialists. Its edge depends on maintaining superior engineering support, reliability, and the ability to solve complex problems better than rivals.


Innovation and R&D

Innovation and R&D Innovation at Standex is very applied and customer‑driven. Instead of chasing headline‑grabbing inventions, the company focuses on refining and combining technologies—like planar transformers for electrification, reed‑based sensors, advanced mold texturing, scientific refrigeration, and complex metal forming—to solve specific, high‑value problems for customers. This approach, supported by selective acquisitions, has positioned Standex in growth areas such as electric vehicles, renewable energy, life sciences, and space. The main risk is that these markets evolve quickly, especially in electronics and electrification. Standex needs to keep investing in engineering talent, product development, and integration of acquired technologies to stay at the leading edge of these niches.


Summary

Overall, Standex looks like a traditional industrial company that has been steadily migrating toward higher‑tech, mission‑critical niches. Revenues are growing gradually, margins are generally stronger than they were a few years ago, and cash generation is consistent. The recent step‑up in assets and debt suggests a deliberate push to scale and reposition the portfolio. Its competitive position rests on customization, engineering depth, and close customer relationships in attractive markets like EVs, renewables, aerospace, and medical. The main things to watch are: how well new investments and acquisitions perform, whether the higher leverage remains comfortable through economic cycles, and if Standex can keep its innovation engine running fast enough to stay ahead in its chosen niches.