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Side-by-side financial comparison of STRATTEC SECURITY CORP (STRT) and TOYO Co., Ltd (TOYO). Click either name above to swap in a different company.

TOYO Co., Ltd is the larger business by last-quarter revenue ($139.1M vs $137.5M, roughly 1.0× STRATTEC SECURITY CORP). STRATTEC SECURITY CORP runs the higher net margin — 3.6% vs 2.5%, a 1.1% gap on every dollar of revenue. On growth, STRATTEC SECURITY CORP posted the faster year-over-year revenue change (5.9% vs 0.7%). STRATTEC SECURITY CORP produced more free cash flow last quarter ($11.3M vs $-7.1M).

STRATTEC Security Corp designs, manufactures and markets mechanical and electronic security access products, including automotive locks, keys, passive entry systems, and trunk release mechanisms. It primarily serves global automotive original equipment manufacturers, heavy-duty vehicle makers, and the automotive aftermarket across North America, Europe and Asia Pacific.

Toyo Tire Corporation , commonly known as Toyo Tires, is a multinational tire and rubber products company based in Itami, Japan. The company owns and operates eight factories in Asia, North America, and Europe and distributes tires and automotive components through fourteen sales companies throughout the world.

STRT vs TOYO — Head-to-Head

Bigger by revenue
TOYO
TOYO
1.0× larger
TOYO
$139.1M
$137.5M
STRT
Growing faster (revenue YoY)
STRT
STRT
+5.1% gap
STRT
5.9%
0.7%
TOYO
Higher net margin
STRT
STRT
1.1% more per $
STRT
3.6%
2.5%
TOYO
More free cash flow
STRT
STRT
$18.3M more FCF
STRT
$11.3M
$-7.1M
TOYO

Income Statement — Q2 FY2026 vs Q2 FY2025

Metric
STRT
STRT
TOYO
TOYO
Revenue
$137.5M
$139.1M
Net Profit
$4.9M
$3.5M
Gross Margin
16.5%
16.6%
Operating Margin
3.5%
7.0%
Net Margin
3.6%
2.5%
Revenue YoY
5.9%
0.7%
Net Profit YoY
275.1%
-82.3%
EPS (diluted)
$1.20
$0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
STRT
STRT
TOYO
TOYO
Q4 25
$137.5M
Q3 25
$152.4M
Q2 25
$152.0M
$139.1M
Q1 25
$144.1M
Q4 24
$129.9M
Q3 24
$139.1M
Q2 24
$138.1M
Q1 24
$140.8M
Net Profit
STRT
STRT
TOYO
TOYO
Q4 25
$4.9M
Q3 25
$8.5M
Q2 25
$8.3M
$3.5M
Q1 25
$5.4M
Q4 24
$1.3M
Q3 24
$3.7M
Q2 24
$19.6M
Q1 24
$1.5M
Gross Margin
STRT
STRT
TOYO
TOYO
Q4 25
16.5%
Q3 25
17.3%
Q2 25
16.7%
16.6%
Q1 25
16.0%
Q4 24
13.2%
Q3 24
13.6%
Q2 24
19.3%
Q1 24
10.4%
Operating Margin
STRT
STRT
TOYO
TOYO
Q4 25
3.5%
Q3 25
6.9%
Q2 25
5.6%
7.0%
Q1 25
4.9%
Q4 24
1.6%
Q3 24
3.6%
Q2 24
16.3%
Q1 24
1.4%
Net Margin
STRT
STRT
TOYO
TOYO
Q4 25
3.6%
Q3 25
5.6%
Q2 25
5.4%
2.5%
Q1 25
3.7%
Q4 24
1.0%
Q3 24
2.7%
Q2 24
14.2%
Q1 24
1.1%
EPS (diluted)
STRT
STRT
TOYO
TOYO
Q4 25
$1.20
Q3 25
$2.07
Q2 25
$2.02
$0.10
Q1 25
$1.32
Q4 24
$0.32
Q3 24
$0.92
Q2 24
$0.48
Q1 24
$0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
STRT
STRT
TOYO
TOYO
Cash + ST InvestmentsLiquidity on hand
$99.0M
Total DebtLower is stronger
$13.7M
Stockholders' EquityBook value
$236.8M
$67.0M
Total Assets
$392.2M
$353.6M
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STRT
STRT
TOYO
TOYO
Q4 25
$99.0M
Q3 25
$90.5M
Q2 25
$84.6M
Q1 25
$62.1M
Q4 24
$42.6M
Q3 24
$34.4M
Q2 24
Q1 24
$9.6M
Total Debt
STRT
STRT
TOYO
TOYO
Q4 25
Q3 25
Q2 25
$13.7M
Q1 25
Q4 24
Q3 24
Q2 24
$22.4M
Q1 24
Stockholders' Equity
STRT
STRT
TOYO
TOYO
Q4 25
$236.8M
Q3 25
$230.5M
Q2 25
$221.6M
$67.0M
Q1 25
$210.7M
Q4 24
$204.5M
Q3 24
$203.0M
Q2 24
$73.4M
Q1 24
$193.8M
Total Assets
STRT
STRT
TOYO
TOYO
Q4 25
$392.2M
Q3 25
$390.1M
Q2 25
$391.5M
$353.6M
Q1 25
$387.4M
Q4 24
$355.9M
Q3 24
$366.9M
Q2 24
$241.4M
Q1 24
$348.5M
Debt / Equity
STRT
STRT
TOYO
TOYO
Q4 25
Q3 25
Q2 25
0.20×
Q1 25
Q4 24
Q3 24
Q2 24
0.31×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
STRT
STRT
TOYO
TOYO
Operating Cash FlowLast quarter
$13.9M
$40.0M
Free Cash FlowOCF − Capex
$11.3M
$-7.1M
FCF MarginFCF / Revenue
8.2%
-5.1%
Capex IntensityCapex / Revenue
1.9%
33.9%
Cash ConversionOCF / Net Profit
2.81×
11.55×
TTM Free Cash FlowTrailing 4 quarters
$67.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
STRT
STRT
TOYO
TOYO
Q4 25
$13.9M
Q3 25
$11.3M
Q2 25
$30.2M
$40.0M
Q1 25
$20.7M
Q4 24
$9.4M
Q3 24
$11.3M
Q2 24
$21.8M
Q1 24
$-309.0K
Free Cash Flow
STRT
STRT
TOYO
TOYO
Q4 25
$11.3M
Q3 25
$9.8M
Q2 25
$27.2M
$-7.1M
Q1 25
$19.6M
Q4 24
$8.5M
Q3 24
$9.3M
Q2 24
$5.2M
Q1 24
$-2.0M
FCF Margin
STRT
STRT
TOYO
TOYO
Q4 25
8.2%
Q3 25
6.4%
Q2 25
17.9%
-5.1%
Q1 25
13.6%
Q4 24
6.6%
Q3 24
6.7%
Q2 24
3.8%
Q1 24
-1.4%
Capex Intensity
STRT
STRT
TOYO
TOYO
Q4 25
1.9%
Q3 25
1.0%
Q2 25
2.0%
33.9%
Q1 25
0.8%
Q4 24
0.7%
Q3 24
1.5%
Q2 24
12.0%
Q1 24
1.2%
Cash Conversion
STRT
STRT
TOYO
TOYO
Q4 25
2.81×
Q3 25
1.33×
Q2 25
3.65×
11.55×
Q1 25
3.84×
Q4 24
7.16×
Q3 24
3.06×
Q2 24
1.11×
Q1 24
-0.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

STRT
STRT

Door Handles And Exterior Trim$35.0M25%
Power Access Solutions$34.5M25%
Keys And Locksets$26.8M19%
Latches$16.3M12%
User Interface Controls$12.5M9%
Aftermarket And Service$9.4M7%
Other Product$3.1M2%
Related Party$1.3M1%

TOYO
TOYO

Segment breakdown not available.

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