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COMPX REPORTS FOURTH QUARTER 2025 RESULTS

COMPX REPORTS FOURTH QUARTER 2025 RESULTS

FinvizFinviz2026/03/04 21:18
By:Finviz

Dallas, Texas, March 04, 2026 (GLOBE NEWSWIRE) -- CompX International Inc. (NYSE American: CIX) announced today net sales of $37.7 million for the fourth quarter of 2025 compared to $38.4 million in the same period of 2024. Operating income was $5.6 million in the fourth quarter of 2025 compared to $4.9 million in the same period of 2024. Net income was $4.7 million, or $.38 per basic and diluted common share, for the fourth quarter of 2025 compared to $4.5 million, or $.37 per basic and diluted common share, in the same period of 2024.

Net sales for the year ended December 31, 2025 were $158.3 million compared to $145.9 million in the previous year. Operating income was $22.6 million for the year ended December 31, 2025 compared to $17.0 million in 2024. Net income for the year ended December 31, 2025 was $19.5 million, or $1.58 per basic and diluted common share, compared to $16.6 million, or $1.35 per basic and diluted common share, for the same period in 2024.

Fourth quarter 2025 net sales decreased over the comparable 2024 period predominantly due to lower Security Products sales to the healthcare market, partially offset by higher Marine Components sales to the industrial market. Operating income increased in the fourth quarter of 2025 compared to the same period in 2024 primarily due to higher sales at Marine Components as well as improved gross margins at each of the Security Products and Marine Components segments.

Net sales increased for the full year of 2025 compared to the same period in 2024 primarily due to higher Security Products sales to the government security market and higher Marine Components sales to various markets including the towboat, government and industrial markets. Operating income for the full year of 2025 increased compared to 2024 due to higher sales and improved gross margins at each of the Security Products and Marine Components segments.

CompX is a leading manufacturer of security products and recreational marine components. It operates from three locations in the U.S. and employs approximately 549 people.

Forward-Looking Statements

  • Future supply and demand for our products;
  • Changes in our raw material and other operating costs (such as zinc, brass, aluminum, steel and energy costs), including as a result of additional or changed tariffs on imported raw materials, and our ability to pass those costs on to our customers or offset them with reductions in other operating costs;
  • Price and product competition from low-cost manufacturing sources (such as China);
  • The impact of pricing and production decisions;
  • Customer and competitor strategies including substitute products;
  • Our ability to retain key customers;
  • Uncertainties associated with new product development and the development of new product features;
  • Pending or possible future litigation (such as litigation related to our use of certain permitted chemicals in our production process) or other actions;
  • Our ability to protect or defend our intellectual property rights;
  • Potential difficulties in integrating future acquisitions;
  • Decisions to sell operating assets other than in the ordinary course of business;
  • Environmental matters (such as those requiring emission and discharge standards for existing and new facilities);
  • The ultimate outcome of income tax audits, tax settlement initiatives or other tax matters, including future tax reform;
  • Government laws and regulations and possible changes therein including new environmental, health and safety, sustainability or other regulations;
  • General global economic and political conditions that disrupt our supply chain, reduce demand or perceived demand for component products or impair our ability to operate our facilities (including changes in the level of gross domestic product in various regions of the world, natural disasters, terrorist acts, global conflicts and public health crises);
  • Operating interruptions (including, but not limited to, labor disputes, leaks, natural disasters, fires, explosions, unscheduled or unplanned downtime, transportation interruptions, certain regional and world events or economic conditions and public health crises);
  • The introduction of new, or changes in existing, tariffs, trade barriers or trade disputes (including tariffs imposed by the U.S. government on imports from China and Mexico);
  • Technology related disruptions (including, but not limited to, cyber attacks; software implementation, upgrades or improvements; technology processing failures; or other events) related to our technology infrastructure that could impact our ability to continue operations, or at key vendors which could impact our supply chain, or at key customers which could impact their operations and cause them to curtail or pause orders; and
  • Possible disruption of our business or increases in the cost of doing business resulting from terrorist activities or global conflicts.

Investor Relations Contact

Bryan A. Hanley
Senior Vice President and Treasurer
Tel. 972-233-1700

* * *



COMPX INTERNATIONAL INC.

SUMMARY OF CONSOLIDATED OPERATIONS

(In millions, except per share amounts)

                       
 
Three months ended
    
Year ended
 
December 31,
 
December 31,
 
2024
    
2025
    
2024
    
2025
 
(Unaudited)
 
 
 
 
 
 
Net sales $  38.4
 
$
 37.7
  $  145.9
 
$
 158.3
Cost of sales    27.4
 
 
 25.6
     104.6
 
 
 110.1
Gross margin    11.0
 
 
 12.1
     41.3
 
 
 48.2
Selling, general and administrative expense    6.1
 
 
 6.5
     24.3
 
 
 25.6
Operating income    4.9
 
 
 5.6
     17.0
 
 
 22.6
Interest income    .9
 
 
 .7
     4.7
 
 
 3.2
Income before income taxes    5.8
 
 
 6.3
     21.7
 
 
 25.8
Income tax expense    1.3
 
 
 1.6
     5.1
 
 
 6.3
Net income $  4.5
 
$
 4.7
  $  16.6
 
$
 19.5
     
 
 
 
     
 
 
 
Basic and diluted net income per common share $  .37  
$
 .38
  $  1.35  
$
 1.58
Weighted average diluted common shares outstanding    12.3    
 12.3
     12.3  
 
 12.3



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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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