KEY Tronic Corp key statistics and ratios

In fiscal 2026, KEY Tronic Corp had return on equity of -51.3%, an operating margin of -3.8%, debt equal to 156.6% of equity and a current ratio of 2.10. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

KEY Tronic Corp: financial ratios, annual
Fiscal year	2010Jul 2010	2011Jul 2011	2012Jun 2012	2013Jun 2013	2014Jun 2014	2015Jun 2015	2016Jul 2016	2017Jul 2017	2018Jun 2018	2019Jun 2019	2020Jun 2020	2021Jul 2021	2022Jul 2022	2023Jul 2023	2024Jun 2024	2025Jun 2025	2026Jun 2026
Gross margin	9.6%	8.1%	8.6%	9.6%	8.8%	7.7%	8.0%	8.2%	7.7%	7.5%	7.8%	8.1%	7.9%	7.8%	7.0%	7.8%	6.2%
Operating margin	3.7%	2.7%	4.1%	5.0%	3.0%	1.5%	2.1%	2.0%	0.2%	−1.3%	1.5%	1.8%	1.6%	2.7%	1.2%	0.1%	−3.8%
Net margin	4.4%	2.3%	3.4%	3.5%	2.5%	1.0%	1.3%	1.2%	−0.3%	−1.7%	1.1%	0.8%	0.6%	0.9%	−0.5%	−1.8%	−12.4%
Free-cash-flow margin	0.1%	−2.5%	−2.8%	7.1%	−2.1%	−0.3%	−1.8%	−1.5%	−0.3%	−1.6%	−8.8%	−4.9%	−2.2%	−3.5%	1.7%	3.2%	−0.5%
Return on equity	14.6%	9.0%	15.9%	14.6%	7.7%	4.2%	6.3%	5.1%	−1.1%	−6.9%	4.1%	3.6%	2.7%	4.0%	−2.2%	−6.9%	−51.3%
Return on assets	—	5.1%	8.8%	8.8%	5.2%	2.2%	2.8%	2.4%	−0.6%	−3.3%	1.8%	1.3%	0.9%	1.2%	−0.7%	−2.5%	−15.5%
Asset turnover	—	2.26	2.63	2.52	2.09	2.24	2.08	2.00	1.86	1.91	1.66	1.56	1.42	1.47	1.47	1.39	1.26
Current ratio	—	2.75	2.43	2.95	2.36	2.06	2.16	2.29	1.97	2.12	2.16	2.36	2.08	2.30	2.77	2.55	2.10
Debt to equity	0.0%	8.8%	19.1%	0.0%	0.0%	31.1%	42.0%	36.9%	29.7%	31.8%	61.4%	81.6%	82.5%	95.9%	97.2%	91.9%	156.6%
Interest cover (operating income ÷ interest)	72.4x	15.2x	28.1x	66.9x	114.9x	4.9x	4.6x	4.2x	0.4x	n/m	2.7x	2.6x	1.7x	1.6x	0.6x	0.0x	n/m
Effective tax rate	−19.3%	11.5%	16.0%	29.5%	17.5%	18.8%	19.9%	22.6%	—	—	−10.2%	26.6%	8.5%	18.1%	—	—	—
R&D as % of revenue	1.4%	1.5%	1.3%	1.4%	1.8%	1.3%	1.3%	1.4%	1.4%	1.4%	1.6%	1.9%	1.8%	1.6%	1.5%	2.0%	2.1%
SG&A as % of revenue	4.5%	3.9%	3.2%	3.1%	3.9%	4.8%	4.5%	4.8%	5.0%	4.6%	4.7%	4.4%	4.5%	4.2%	4.4%	5.7%	9.5%
Capital spending as % of revenue	1.7%	1.5%	1.3%	1.0%	2.5%	2.0%	2.7%	2.0%	1.0%	1.8%	1.9%	2.0%	1.3%	1.6%	0.7%	0.9%	1.6%
Free cash flow ÷ net income	1.8%	−111.3%	−83.6%	205.1%	−82.8%	−26.5%	−133.1%	−125.0%	—	—	−832.8%	−591.0%	−347.1%	−408.8%	—	—	—

US$ thousands unless shown otherwise. Fiscal quarters.

KEY Tronic Corp: financial ratios, quarterly
Quarter	2025 Q1Sept 2024	2025 Q2Dec 2024	2025 Q3Mar 2025	2025 Q4Jun 2025	2026 Q1Sept 2025	2026 Q2Dec 2025	2026 Q3Mar 2026	2026 Q4Jun 2026
Gross margin	10.1%	6.8%	7.7%	6.2%	8.4%	0.6%	8.0%	7.8%
Operating margin	3.4%	−1.0%	−0.4%	−2.1%	−0.6%	−10.7%	−0.3%	−3.6%
Net margin	0.9%	−4.3%	−0.5%	−3.6%	−2.3%	−8.9%	−2.9%	−33.7%
Free-cash-flow margin	7.3%	1.0%	−3.2%	7.0%	4.5%	3.2%	−1.3%	−8.1%
Current ratio	2.57	2.78	2.72	2.55	2.39	2.03	2.06	2.10
Debt to equity	90.7%	93.0%	95.0%	89.8%	87.8%	92.0%	96.3%	153.5%
R&D as % of revenue	1.7%	2.0%	2.1%	2.0%	2.1%	1.9%	2.0%	2.2%
SG&A as % of revenue	5.0%	5.7%	6.0%	6.2%	6.8%	9.3%	7.0%	14.3%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

2 of 7 checks passed · June 27, 2026

What it owns · $300m

Short-term assets $224mLonger-term assets $76m

What it owes, and who funded it · $300m

Short-term liabilities $106mLonger-term liabilities $124mShareholders' equity $69m

Short-term assets cover short-term liabilities $224m of assets due within a year against $106m of liabilities due within a year.
Short-term assets cover long-term liabilities $224m short-term assets against $124m of longer-dated liabilities.
More cash than debt $584,000 of cash against $106m of debt.
Debt below 40% of shareholders' equity Debt is 154% of equity.
Debt burden no higher than five years ago Debt to equity moved from 86% to 154% over five years.
A year's operating cash flow covers at least 20% of debt $4m of operating cash flow against $106m of debt.
Operating profit covers interest at least five times over Operating income of −$15m against $10m of interest.

From KEY Tronic Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

23 /100

Weak moat

How hard KEY Tronic's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

Returns on capital 0 / 20

Net income has been a median 0.1% of total assets over 10 years.
Pricing power 8 / 20

Gross margin has been a median 7.8%, moving by 0.6 percentage points (standard deviation) across 10 years.
Durability 0 / 20

Operating margin has been a median 1.4%; its worst year was -3.8%.
Cash conversion 2 / 20

Free cash flow was positive in 2 of 10 years, at a median -1.6% of revenue.
Discipline 18 / 20

The diluted share count fell 3.7% over five years; stock-based pay has been a median 0.1% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (28 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

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Figures from KEY Tronic Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to KEY Tronic Corp.