
Napco Security (NSSC) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
50.7M
Gross Profit
26.8M
52.83%
Operating Income
12.1M
23.83%
Net Income
11.6M
22.93%
Balance Sheet Metrics
Total Assets
198.1M
Total Liabilities
29.5M
Shareholders Equity
168.6M
Debt to Equity
0.18
Cash Flow Metrics
Operating Cash Flow
14.0M
Free Cash Flow
14.4M
Revenue & Profitability Trend
Napco Security Income Statement From 2021 to 2025
Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Revenue | 181.6M | 188.8M | 170.0M | 143.6M | 114.0M |
Cost of Goods Sold | 80.6M | 87.1M | 96.8M | 84.4M | 63.3M |
Gross Profit | 101.0M | 101.8M | 73.2M | 59.2M | 50.7M |
Gross Margin % | 55.6% | 53.9% | 43.1% | 41.2% | 44.5% |
Operating Expenses | |||||
Research & Development | 12.6M | 10.8M | 9.3M | 8.0M | 7.6M |
Selling, General & Administrative | 42.2M | 37.2M | 33.6M | 32.9M | 25.2M |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 54.8M | 47.9M | 42.9M | 40.9M | 32.8M |
Operating Income | 46.3M | 53.8M | 30.3M | 18.2M | 17.9M |
Operating Margin % | 25.5% | 28.5% | 17.8% | 12.7% | 15.7% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | - | - | - | 283.0K | 5.0K |
Other Non-Operating Income | - | - | - | 3.9M | - |
Pre-tax Income | 50.1M | 56.4M | 31.2M | 21.8M | 17.9M |
Income Tax | 6.7M | 6.6M | 4.1M | 2.2M | 2.5M |
Effective Tax Rate % | 13.3% | 11.6% | 13.1% | 10.3% | 14.0% |
Net Income | 43.4M | 49.8M | 27.1M | 19.6M | 15.4M |
Net Margin % | 23.9% | 26.4% | 16.0% | 13.6% | 13.5% |
Key Metrics | |||||
EBITDA | 48.5M | 56.0M | 32.3M | 16.1M | 19.6M |
EPS (Basic) | $1.20 | $1.35 | $0.74 | $0.53 | $0.41 |
EPS (Diluted) | $1.19 | $1.34 | $0.73 | $0.53 | $0.41 |
Basic Shares Outstanding | 36298000 | 36812000 | 36741000 | 36725000 | 36696000 |
Diluted Shares Outstanding | 36298000 | 36812000 | 36741000 | 36725000 | 36696000 |
Income Statement Trend
Napco Security Balance Sheet From 2021 to 2025
Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 83.1M | 65.3M | 36.0M | 41.7M | 34.8M |
Short-term Investments | 16.1M | 32.4M | 30.8M | 5.1M | 5.4M |
Accounts Receivable | 30.1M | 31.9M | 26.1M | 29.2M | 28.1M |
Inventory | 30.0M | 34.8M | 35.1M | 40.8M | 24.9M |
Other Current Assets | 3.2M | 4.3M | 3.4M | 2.8M | 2.4M |
Total Current Assets | 162.4M | 168.8M | 131.4M | 119.6M | 95.6M |
Non-Current Assets | |||||
Property, Plant & Equipment | 12.7M | 13.0M | 13.3M | 14.8M | 14.8M |
Goodwill | 3.3M | 3.6M | 3.9M | 4.3M | 4.7M |
Intangible Assets | 3.3M | 3.6M | 3.9M | 4.3M | 4.7M |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 18.0M | 20.8M | 16.3M | 9.4M | 7.0M |
Total Non-Current Assets | 35.7M | 39.0M | 35.3M | 28.9M | 26.9M |
Total Assets | 198.1M | 207.8M | 166.7M | 148.6M | 122.6M |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 5.7M | 8.0M | 8.1M | 11.1M | 6.1M |
Short-term Debt | - | - | - | - | 2.4M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | 24.1M | 22.2M | 19.7M | 26.5M | 20.2M |
Non-Current Liabilities | |||||
Long-term Debt | 5.3M | 5.5M | 5.7M | 7.1M | 8.6M |
Deferred Tax Liabilities | - | - | 0 | 166.0K | 380.0K |
Other Non-Current Liabilities | - | - | - | - | - |
Total Non-Current Liabilities | 5.5M | 6.6M | 6.8M | 8.3M | 9.9M |
Total Liabilities | 29.5M | 28.9M | 26.5M | 34.8M | 30.2M |
Equity | |||||
Common Stock | 398.0K | 398.0K | 397.0K | 396.0K | 396.0K |
Retained Earnings | 199.1M | 174.3M | 137.7M | 112.9M | 93.3M |
Treasury Stock | 56.3M | 19.5M | 19.5M | 19.5M | 19.5M |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 168.6M | 178.9M | 140.2M | 113.8M | 92.4M |
Key Metrics | |||||
Total Debt | 5.3M | 5.5M | 5.7M | 7.1M | 11.0M |
Working Capital | 138.4M | 146.5M | 111.7M | 93.1M | 75.4M |
Balance Sheet Composition
Napco Security Cash Flow Statement From 2021 to 2025
Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 43.4M | 49.8M | 27.1M | 19.6M | 15.4M |
Depreciation & Amortization | 2.3M | 2.2M | 1.9M | 1.8M | 1.7M |
Stock-Based Compensation | 1.5M | 1.7M | 1.5M | 1.6M | 435.0K |
Working Capital Changes | 9.9M | -9.0M | 5.1M | -20.5M | 3.7M |
Operating Cash Flow | 56.1M | 42.0M | 32.3M | 2.3M | 21.6M |
Investing Activities | |||||
Capital Expenditures | -2.1M | -1.6M | -2.9M | -1.5M | -1.0M |
Acquisitions | - | - | - | - | - |
Investment Purchases | -12.8M | -1.6M | -35.4M | -81.0K | -5.4M |
Investment Sales | 29.5M | 0 | 10.1M | 0 | 0 |
Investing Cash Flow | 14.6M | -3.2M | -28.3M | -1.6M | -6.4M |
Financing Activities | |||||
Share Repurchases | -36.8M | - | - | 0 | 0 |
Dividends Paid | -13.6M | -13.3M | -2.3M | 0 | 0 |
Debt Issuance | - | - | - | 0 | 0 |
Debt Repayment | - | - | - | - | - |
Financing Cash Flow | -50.4M | -13.3M | -2.3M | 0 | 0 |
Free Cash Flow | 51.4M | 43.8M | 21.7M | 6.8M | 22.0M |
Net Change in Cash | 20.2M | 25.6M | 1.8M | 711.0K | 15.2M |
Cash Flow Trend
Napco Security Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
35.83
Forward P/E
23.56
Price to Book
9.02
Price to Sales
8.37
PEG Ratio
23.56
Profitability Ratios
Profit Margin
23.90%
Operating Margin
25.09%
Return on Equity
24.98%
Return on Assets
14.44%
Financial Health
Current Ratio
6.75
Debt to Equity
3.16
Beta
1.51
Per Share Data
EPS (TTM)
$1.19
Book Value per Share
$4.73
Revenue per Share
$5.00
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
nssc | 1.5B | 35.83 | 9.02 | 24.98% | 23.90% | 3.16 |
Allegion plc | 15.2B | 24.62 | 8.52 | 38.99% | 16.15% | 124.85 |
ADT | 7.3B | 12.39 | 1.99 | 17.14% | 12.31% | 216.42 |
Evolv Technologies | 1.3B | -29.84 | 13.74 | -71.94% | -73.04% | 15.40 |
Mistras | 311.0M | 26.41 | 1.43 | 5.64% | 1.63% | 117.56 |
NL Industries | 300.0M | 5.58 | 0.75 | 13.76% | 35.08% | 0.12 |
Financial data is updated regularly. All figures are in the company's reporting currency.