Eastern Company - Stock

Eastern Company Net Income 2024

Eastern Company Net Income

8.59 M USD

Eastern Company Dividend yield

1.58 %

Ticker

EML

ISIN

US2763171046

WKN

939208

In 2024, Eastern Company's profit amounted to 8.59 M USD, a -30.2% increase from the 12.3 M USD profit recorded in the previous year.

The Eastern Company Net Income history

YEARNET INCOME (undefined USD)
20238.59
202212.3
20219.3
20205.4
201913.3
201814.5
20175
20167.8
20155.7
20147.7
20136.9
20128.6
20115.5
20105.5
20091
20084.5
200710.1
20069.7
20054.4
20044.8

Eastern Company Aktienanalyse

What does Eastern Company do?

Eastern Co is an American company headquartered in Naugatuck, Connecticut. It was founded in 1858 by Seth Atwood as the Atwood Manufacturing Company and its main products were carriages, horse-drawn sleighs, and other horse harnesses. In 1900, the company changed its name to Eastern Manufacturing Company and began producing sliding doors and carriage housings. In the 1920s, Eastern started manufacturing products for the automotive market, particularly steel body parts to reinforce car bodies. In the 1930s, the company further expanded and started manufacturing autonomous curve light systems, as well as reflectors and other safety equipment. During World War II, Eastern was a major supplier of components and parts for the defense industry. After the war, Eastern specialized in various industries such as electrical and telecommunications systems, as well as steel manufacturing and processing. Eastern's current business model is to provide innovative products, services, and solutions to meet customer needs. Eastern has four main divisions: Industrial Hardware, Security Products, Metal Products, and Gears. Eastern takes pride in being recognized worldwide and constantly strives to improve its products and tailor them to customer requirements. The Industrial Hardware division offers several products including hardware, fasteners, locking systems, and die-cast parts. These are used in various industries such as automotive, healthcare, aviation, and construction. The Security Products division includes alarm and security systems, locking systems, door systems, and access controls. It benefits mainly from the growing demand for security solutions and is a key supplier to the construction, trade, and food industries. The Metal Products division is a leading manufacturer of stainless steel products, including screws, nuts, emergency lighting, reflectors, and other lighting solutions. It also provides custom services such as metal cutting and bending. The Gears division manufactures gear products used in various industries such as aerospace, defense, power supply, and automotive. It offers both standardized and custom solutions to meet the different requirements of its customers. Eastern is known for its innovative products and services, which are characterized by high quality, durability, and reliability. The company is committed to always providing the best solutions to its customers and works intensively to improve its work processes, products, and services. The company has a clear vision and mission, which are to create a dynamic by continuously bringing innovative products to the market. Eastern's vision is to be a leader in providing safe, high-quality, and innovative products. The company has extensive experience in manufacturing high-quality products and continues to strive to provide the best solutions to its customers. Eastern Company ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Eastern Company's Profit Margins

The profit margins of Eastern Company represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Eastern Company's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Eastern Company's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Eastern Company's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Eastern Company’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Eastern Company Stock

How much profit has Eastern Company made this year?

Eastern Company has made 8.59 M USD this year.

How has the profit developed compared to last year?

The profit has increased by -30.2% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Eastern Company publish its earnings?

Eastern Company publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Eastern Company?

The profits of Eastern Company are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Eastern Company?

You can learn more about the earnings of Eastern Company by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Eastern Company pay?

Over the past 12 months, Eastern Company paid a dividend of 0.44 USD . This corresponds to a dividend yield of about 1.58 %. For the coming 12 months, Eastern Company is expected to pay a dividend of 0.44 USD.

What is the dividend yield of Eastern Company?

The current dividend yield of Eastern Company is 1.58 %.

When does Eastern Company pay dividends?

Eastern Company pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Eastern Company?

Eastern Company paid dividends every year for the past 20 years.

What is the dividend of Eastern Company?

For the upcoming 12 months, dividends amounting to 0.44 USD are expected. This corresponds to a dividend yield of 1.58 %.

In which sector is Eastern Company located?

Eastern Company is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Eastern Company kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Eastern Company from 6/17/2024 amounting to 0.11 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2024.

When did Eastern Company pay the last dividend?

The last dividend was paid out on 6/17/2024.

What was the dividend of Eastern Company in the year 2023?

In the year 2023, Eastern Company distributed 0.44 USD as dividends.

In which currency does Eastern Company pay out the dividend?

The dividends of Eastern Company are distributed in USD.

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Andere Kennzahlen von Eastern Company

Our stock analysis for Eastern Company Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Eastern Company Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.