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Kimball Electronics, Inc. (KE) 10-Year Financial Performance & Capital Metrics

KE • • Industrial / General
IndustrialsElectrical EquipmentElectrical Infrastructure ProductsElectrical Enclosures & Protection
AboutKimball Electronics, Inc. provides contract electronics manufacturing services and diversified manufacturing services to customers in the automotive, medical, industrial, and public safety end markets. The company's manufacturing services include design services and support, supply chain services and support, and rapid prototyping and product introduction support services, as well as product design, and process validation and qualification services. Its manufacturing services also comprise industrialization and automation of manufacturing processes; reliability testing, including testing of products under a series of environmental conditions; production and testing of printed circuit board assemblies; assembly, production, and packaging of medical devices and disposables, and other non-electronic products; drug delivery devices and solutions with and without electronics; design engineering and manufacturing of automation equipment, test and inspection equipment, and precision molded plastics; software design services; and product life cycle management services. The company operates in the United States, China, Mexico, Poland, Romania, Thailand, and Vietnam. Kimball Electronics, Inc. was founded in 1961 and is headquartered in Jasper, Indiana.Show more
  • Revenue $1.49B -13.3%
  • EBITDA $83M -5.5%
  • Net Income $17M -17.2%
  • EPS (Diluted) 0.68 -16.0%
  • Gross Margin 7.02% -14.2%
  • EBITDA Margin 5.55% +9.0%
  • Operating Margin 3.06% +6.6%
  • Net Margin 1.14% -4.5%
  • ROE 3.06% -20.6%
  • ROIC 4.93% +1.4%
  • Debt/Equity 0.26 -52.7%
  • Interest Coverage 3.09 +69.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Trading at only 1.4x book value
  • ✓Efficient asset utilization: 1.4x turnover

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y6.14%
5Y4.37%
3Y3.28%
TTM-10.46%

Profit (Net Income) CAGR

10Y-4.24%
5Y-1.37%
3Y-18.4%
TTM85.24%

EPS CAGR

10Y-2.66%
5Y-0.86%
3Y-18.15%
TTM86.27%

ROCE

10Y Avg9.46%
5Y Avg9.28%
3Y Avg8.08%
Latest5.72%

Peer Comparison

Electrical Enclosures & Protection
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Size & Scale
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Per Share
Growth
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Technical
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Shares & Dilution
Sector-Specific
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NVTnVent Electric plc17.42B107.9854.8112.63%16.83%16.59%3.27%0.70
KEKimball Electronics, Inc.763.74M31.3846.15-13.29%1.62%4.14%19.67%0.26
HUBBHubbell Incorporated25.73B484.1133.694.76%15.24%23.39%3.15%0.52
CCTGCCSC Technology International Holdings Limited Ordinary Shares3.96M0.12-0.9719.55%-11.73%-25.59%0.12
SKYXSKYX Platforms Corp.276.64M2.39-6.6446.76%-39.12%-30.58%4.35
ATKRAtkore Inc.2.39B70.84-157.42-10.98%-0.53%-1.09%12.37%0.66

Profit & Loss

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Sales/Revenue+842.06M930.91M1.07B1.18B1.2B1.29B1.35B1.82B1.71B1.49B
Revenue Growth %0.03%0.11%0.15%0.1%0.02%0.08%0.04%0.35%-0.06%-0.13%
Cost of Goods Sold+777.52M855.32M985.86M1.09B1.12B1.17B1.24B1.67B1.57B1.38B
COGS % of Revenue0.92%0.92%0.92%0.93%0.93%0.91%0.92%0.91%0.92%0.93%
Gross Profit+64.54M75.59M86.2M88.41M83.84M118.03M104.6M156.16M140.26M104.4M
Gross Margin %0.08%0.08%0.08%0.07%0.07%0.09%0.08%0.09%0.08%0.07%
Gross Profit Growth %-0.11%0.17%0.14%0.03%-0.05%0.41%-0.11%0.49%-0.1%-0.26%
Operating Expenses+34.82M32.54M43.85M46.35M51.84M52.33M52.05M68.44M90.98M58.87M
OpEx % of Revenue0.04%0.03%0.04%0.04%0.04%0.04%0.04%0.04%0.05%0.04%
Selling, General & Admin34.82M36.54M43.85M46.65M43.92M52.7M53.44M68.65M66.63M50.27M
SG&A % of Revenue0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.03%
Research & Development9M10M11M15M000000
R&D % of Revenue0.01%0.01%0.01%0.01%------
Other Operating Expenses-1.75M1.2M2.43M-307K7.92M-372K-1.38M-212K24.35M8.6M
Operating Income+29.72M43.06M42.35M38.05M32M65.7M52.55M87.73M49.28M45.53M
Operating Margin %0.04%0.05%0.04%0.03%0.03%0.05%0.04%0.05%0.03%0.03%
Operating Income Growth %-0.18%0.45%-0.02%-0.1%-0.16%1.05%-0.2%0.67%-0.44%-0.08%
EBITDA+49.59M66.98M68.72M66.93M62.87M99.72M81.96M120.14M87.31M82.53M
EBITDA Margin %0.06%0.07%0.06%0.06%0.05%0.08%0.06%0.07%0.05%0.06%
EBITDA Growth %-0.11%0.35%0.03%-0.03%-0.06%0.59%-0.18%0.47%-0.27%-0.05%
D&A (Non-Cash Add-back)19.87M23.92M26.38M28.87M30.87M34.02M29.41M32.42M38.03M36.99M
EBIT29.72M44.53M45.3M42.55M29.58M72.22M46.39M91.01M48.04M40.97M
Net Interest Income+-1K-207K-454K-4.01M-4.36M-2.06M-4.17M-20.91M-26.47M-13.97M
Interest Income79K64K73K62K60K102K81K153K638K771K
Interest Expense80K271K527K4.07M4.42M2.17M4.25M21.06M27.11M14.74M
Other Income/Expense-1.75M1.48M2.74M-3.58M-6.84M4.35M-8.82M-12.98M-24.08M-19.31M
Pretax Income+27.98M44.26M44.77M38.48M25.16M70.05M43.73M74.74M25.2M26.23M
Pretax Margin %0.03%0.05%0.04%0.03%0.02%0.05%0.03%0.04%0.01%0.02%
Income Tax+5.69M10.08M28.02M6.93M6.96M13.26M12.48M18.91M4.69M9.24M
Effective Tax Rate %0.8%0.77%0.37%0.82%0.72%0.81%0.71%0.75%0.81%0.65%
Net Income+22.29M34.18M16.75M31.56M18.2M56.79M31.25M55.83M20.51M16.98M
Net Margin %0.03%0.04%0.02%0.03%0.02%0.04%0.02%0.03%0.01%0.01%
Net Income Growth %-0.15%0.53%-0.51%0.88%-0.42%2.12%-0.45%0.79%-0.63%-0.17%
Net Income (Continuing)22.29M34.18M16.75M31.56M18.2M56.79M31.25M55.83M20.51M16.98M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+0.761.240.621.210.712.241.242.220.810.68
EPS Growth %-0.15%0.63%-0.5%0.95%-0.41%2.15%-0.45%0.79%-0.64%-0.16%
EPS (Basic)0.771.250.631.220.722.261.242.240.820.68
Diluted Shares Outstanding29.18M27.53M27.01M26.08M25.43M25.28M25.22M25.08M25.28M25.02M
Basic Shares Outstanding28.92M27.41M26.75M25.86M25.24M25.09M25.11M24.9M25.08M24.78M
Dividend Payout Ratio----------

Balance Sheet

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Total Current Assets+362.21M388.17M436.99M555.31M558.41M583.39M761.08M929.43M847.01M699.6M
Cash & Short-Term Investments54.74M44.55M46.43M49.28M64.99M106.44M49.85M42.95M77.97M88.78M
Cash Only54.74M44.55M46.43M49.28M64.99M106.44M49.85M42.95M77.97M88.78M
Short-Term Investments0000000000
Accounts Receivable149.65M169.78M173.56M277.48M250.48M249.25M286.94M386.96M358.66M294.44M
Days Sales Outstanding64.8766.5759.0985.776.1570.4277.6177.4676.3572.29
Inventory132.88M144.61M201.6M203.84M219.04M200.39M395.63M450.32M338.12M273.5M
Days Inventory Outstanding62.3861.7174.6468.0471.5962.31115.9998.5878.3972.22
Other Current Assets968K2.07M2.01M3.56M04.56M07.23M29.82M42.89M
Total Non-Current Assets+148.35M166.78M171.77M206.8M216.42M230.67M274.68M330.29M360.91M377.71M
Property, Plant & Equipment120.7M137.55M137.21M143.63M154.53M163.25M206.84M267.68M269.66M264.8M
Fixed Asset Turnover6.98x6.77x7.81x8.23x7.77x7.91x6.52x6.81x6.36x5.61x
Goodwill6.19M6.19M6.19M16.1M12.01M12.01M12.01M12.01M6.19M6.19M
Intangible Assets4.59M4.58M4.38M22.19M19.34M17.01M14.71M12.34M2.99M2.43M
Long-Term Investments600K500K400K300K00002.5M0
Other Non-Current Assets16.87M18.46M23.99M24.88M30.54M38.4M41.13M38.26M79.57M104.29M
Total Assets+510.56M554.94M608.76M762.11M774.83M814.06M1.04B1.26B1.21B1.08B
Asset Turnover1.65x1.68x1.76x1.55x1.55x1.59x1.30x1.45x1.42x1.38x
Asset Growth %0.06%0.09%0.1%0.25%0.02%0.05%0.27%0.22%-0.04%-0.11%
Total Current Liabilities+174.8M199.25M228.57M274.91M272.61M300.77M408.74M475.15M375.32M318.56M
Accounts Payable142.15M154.62M187.79M197M203.7M216.54M300.22M322.27M213.55M218.81M
Days Payables Outstanding66.7365.9869.5365.7666.5867.3488.0270.5549.5157.78
Short-Term Debt9M10M8.34M34.71M26.64M26.21M35.58M46.45M59.84M17.4M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities7.56M14.77M4.53M8.36M19.18M5.49M27.39M37.92M42.53M26.51M
Current Ratio2.07x1.95x1.91x2.02x2.05x1.94x1.86x1.96x2.26x2.20x
Quick Ratio1.31x1.22x1.03x1.28x1.24x1.27x0.89x1.01x1.36x1.34x
Cash Conversion Cycle60.5162.364.287.9881.1765.4105.58105.49105.2386.73
Total Non-Current Liabilities+11.39M13.42M24.66M117.35M122.86M71.31M173.05M260.58M292.14M188.87M
Long-Term Debt00091.5M91.5M40M145M235M235M129.65M
Capital Lease Obligations0000000000
Deferred Tax Liabilities0000000000
Other Non-Current Liabilities11.39M13.42M24.66M27.85M31.36M31.32M28.05M25.58M57.14M59.22M
Total Liabilities186.2M212.67M253.23M392.26M395.46M372.09M581.8M735.73M667.46M507.43M
Total Debt+9M10M8.34M126.21M118.14M66.21M180.58M281.45M294.84M147.05M
Net Debt-45.74M-34.55M-38.09M76.94M53.15M-40.23M130.73M238.5M216.87M58.27M
Debt / Equity0.03x0.03x0.02x0.34x0.31x0.15x0.40x0.54x0.55x0.26x
Debt / EBITDA0.18x0.15x0.12x1.89x1.88x0.66x2.20x2.34x3.38x1.78x
Net Debt / EBITDA-0.92x-0.52x-0.55x1.15x0.85x-0.40x1.60x1.99x2.48x0.71x
Interest Coverage371.53x158.88x80.36x9.35x7.24x30.35x12.35x4.17x1.82x3.09x
Total Equity+324.37M342.27M355.53M369.85M379.37M441.97M453.97M523.99M540.46M569.88M
Equity Growth %0.04%0.06%0.04%0.04%0.03%0.17%0.03%0.15%0.03%0.05%
Book Value per Share11.1212.4313.1614.1814.9217.4818.0020.9021.3822.78
Total Shareholders' Equity324.37M342.27M355.53M369.85M379.37M441.97M453.97M523.99M540.46M569.88M
Common Stock0000000000
Retained Earnings48.49M82.67M99.37M133.98M152.18M208.97M240.22M296.05M316.56M333.55M
Treasury Stock-13.51M-33.8M-41.16M-62.42M-69.07M-70.24M-77.67M-76.5M-77.76M-88.04M
Accumulated OCI-12.19M-9.08M-6.9M-7.63M-10.55M-4.88M-19.67M-11.05M-17.81M1.06M
Minority Interest0000000000

Cash Flow

Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025
Cash from Operations+36.83M46.75M40.2M-6.75M72.81M130.09M-83.18M-13.8M73.22M183.94M
Operating CF Margin %0.04%0.05%0.04%-0.01%0.06%0.1%-0.06%-0.01%0.04%0.12%
Operating CF Growth %0.31%0.27%-0.14%-1.17%11.79%0.79%-1.64%0.83%6.3%1.51%
Net Income22.29M34.18M16.75M31.56M18.2M56.79M31.25M55.83M20.51M0
Depreciation & Amortization19.87M23.9M26.38M28.87M30.87M34.02M29.41M32.42M38.03M0
Stock-Based Compensation3.41M3.48M5.3M5.68M4.04M3.91M6.22M6.91M7.18M0
Deferred Taxes1.45M-115K575K-1.52M-91K-5.62M772K-1.71M-8.85M0
Other Non-Cash Items-211K-599K480K427K11.94M586K2M10K25.77M56.53M
Working Capital Changes-9.97M-14.1M-9.28M-71.76M7.85M40.41M-152.84M-107.26M-9.43M127.41M
Change in Receivables-9.19M-19.27M-2.88M-36.53M41.93M-28.39M-26.48M-97.1M10.96M76.28M
Change in Inventory-3.51M-8.55M-55.77M-35.09M-15.05M18.59M-203.17M-50.23M64.22M74.65M
Change in Payables8.27M9.49M33.27M8M3.62M14.6M96.78M20.45M-102.57M-2.79M
Cash from Investing+-42.59M-35.71M-26.21M-68.71M-38.48M-38.8M-74.8M-90.47M-46.52M-14.7M
Capital Expenditures-34.63M-34.27M-26.52M-25.84M-38.75M-39.35M-74.71M-90.69M-47.04M0
CapEx % of Revenue0.04%0.04%0.02%0.02%0.03%0.03%0.06%0.05%0.03%0.02%
Acquisitions----------
Investments----------
Other Investing309K701K305K1.02M109K43K-540K221K519K-14.7M
Cash from Financing+-4.3M-22.03M-12.6M79.43M-17.93M-53.08M103.74M99.18M8.97M-160.87M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing9.2M0-1.51M-445K-1.06M2.19M-652K-1.52M-1.63M-1.51M
Net Change in Cash----------
Free Cash Flow+2.2M12.48M13.68M-32.59M34.06M90.74M-157.89M-104.49M27.14M150.26M
FCF Margin %0%0.01%0.01%-0.03%0.03%0.07%-0.12%-0.06%0.02%0.1%
FCF Growth %1.25%4.67%0.1%-3.38%2.05%1.66%-2.74%0.34%1.26%4.54%
FCF per Share0.080.450.51-1.251.343.59-6.26-4.171.076.01
FCF Conversion (FCF/Net Income)1.65x1.37x2.40x-0.21x4.00x2.29x-2.66x-0.25x3.57x10.83x
Interest Paid00004.93M2.53M2.33M15.33M19.44M18.15M
Taxes Paid00009.1M13.36M14.33M13.66M27.27M12.82M

Key Ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)7%10.25%4.8%8.7%4.86%13.83%6.98%11.42%3.85%3.06%
Return on Invested Capital (ROIC)8.48%11.01%10.16%7.47%5.46%11.81%7.99%9.77%4.86%4.93%
Gross Margin7.66%8.12%8.04%7.48%6.98%9.14%7.75%8.56%8.18%7.02%
Net Margin2.65%3.67%1.56%2.67%1.52%4.4%2.32%3.06%1.2%1.14%
Debt / Equity0.03x0.03x0.02x0.34x0.31x0.15x0.40x0.54x0.55x0.26x
Interest Coverage371.53x158.88x80.36x9.35x7.24x30.35x12.35x4.17x1.82x3.09x
FCF Conversion1.65x1.37x2.40x-0.21x4.00x2.29x-2.66x-0.25x3.57x10.83x
Revenue Growth2.77%10.55%15.16%10.24%1.58%7.6%4.47%35.12%-5.97%-13.29%

Revenue by Segment

2016201720182019202020212022202320242025
Automotive---474.3M457.4M551.5M582.2M820.1M826.4M737.9M
Automotive Growth-----3.56%20.57%5.57%40.86%0.77%-10.71%
Medical---367.5M397.8M384.8M391.7M494M425.7M396.2M
Medical Growth----8.24%-3.27%1.79%26.12%-13.83%-6.93%
Industrial---255.9M271M293.7M308.1M474.6M462.4M352.6M
Industrial Growth----5.90%8.38%4.90%54.04%-2.57%-23.75%
Other---17.9M18.2M13.7M17.4M34.7M--
Other Growth----1.68%-24.73%27.01%99.43%--
Public Safety---66.2M56.2M48.1M50.1M---
Public Safety Growth-----15.11%-14.41%4.16%---

Revenue by Geography

2016201720182019202020212022202320242025
MEXICO-94.73M117.33M282.4M232.13M265.48M316.88M502.71M519.28M445.72M
MEXICO Growth--23.86%140.69%-17.80%14.36%19.36%58.64%3.30%-14.17%
UNITED STATES383.68M403.83M448.79M321.81M346.38M359.84M337.81M395.44M404.97M341.82M
UNITED STATES Growth-5.25%11.13%-28.29%7.64%3.89%-6.12%17.06%2.41%-15.60%
CHINA150.08M152.82M160.18M146.33M159.75M180.41M204.85M253.98M248.09M258.9M
CHINA Growth-1.82%4.81%-8.64%9.17%12.93%13.55%23.98%-2.32%4.35%
POLAND---251.63M244.11M268.13M234.06M302.35M261.43M241.94M
POLAND Growth-----2.99%9.84%-12.71%29.18%-13.53%-7.46%
THAILAND----124.42M100.48M152.29M232.88M171.34M132.3M
THAILAND Growth------19.24%51.56%52.92%-26.42%-22.79%
Other Foreign243.62M279.54M345.77M179.67M93.77M117.48M103.64M136.08M109.39M66.06M
Other Foreign Growth-14.74%23.69%-48.04%-47.81%25.28%-11.78%31.30%-19.61%-39.61%
GERMANY64.68M---------
GERMANY Growth----------

Frequently Asked Questions

Valuation & Price

Kimball Electronics, Inc. (KE) has a price-to-earnings (P/E) ratio of 46.1x. This suggests investors expect higher future growth.

Growth & Financials

Kimball Electronics, Inc. (KE) reported $1.48B in revenue for fiscal year 2025. This represents a 140% increase from $616.8M in 2012.

Kimball Electronics, Inc. (KE) saw revenue decline by 13.3% over the past year.

Yes, Kimball Electronics, Inc. (KE) is profitable, generating $23.9M in net income for fiscal year 2025 (1.1% net margin).

Dividend & Returns

Kimball Electronics, Inc. (KE) has a return on equity (ROE) of 3.1%. This is below average, suggesting room for improvement.

Kimball Electronics, Inc. (KE) generated $115.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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