61.59
-0.60%
Close of 9 Nov 2026, in USD
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About Strattec Security
From its filings with the US Securities and Exchange Commission
Strattec Security is based in Milwaukee, Wisconsin and is incorporated in Wisconsin. Its shares trade on Nasdaq under the ticker STRT. The SEC classifies its business as motor vehicle parts & accessories. In the fiscal year to 28 June 2026, it reported revenue of $579.4m and net income of $20.6m. At that date it held total assets of $387.5m and shareholders' equity of $238.6m.
Strattec is a global automotive access company that designs and delivers safe, secure, and highly engineered access solutions for the automotive and mobility markets. Built on generations of access and security engineering expertise, we partner closely with OEMs to create differentiated, system level access experiences for end consumers. Our product portfolio spans the access journey from Permission, enabling secure vehicle entry through advanced mechanical and electronic systems; to Motion, delivering effortless, reliable powered access that enhances everyday usability; and through to Hold, providing precision‑engineered latching solutions that give drivers confidence through proven strength, safety, and durability trusted by OEMs worldwide. While primarily focused on key North American automotive original equipment manufacturers (“OEM”), we also provide our products globally to customers in both OEM and aftermarket channels. We believe that our engineering expertise, ability to deliver customized solutions and our quality and delivery performance are key advantages that differentiate the Company from its competitors and allow us to be a premier partner to our customers.
Quoted from its 10-K, filed 28 Aug 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Auto Components
- Listed since
- 23 Feb 1995
- Employees
- 2,848
- Website
- strattec.com ↗
- Head office
- 3333 WEST GOOD HOPE ROAD, MILWAUKEE, WI, 53209
- Incorporated in
- WI
- Classification
- Motor Vehicle Parts & Accessories
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. F. Jack LiebauIndependent Chairman of the Board$246,006
- Ms. Jennifer SlaterPresident, Chief Executive Officer, Director, since 2024$5.4m
- Mr. Matthew PauliChief Financial Officer, Senior Vice President$1.1m
- Mr. Aaron ByrneChief Operating Officer, Senior Vice President
- Mr. Rolando GuillotChief Operating Officer, Senior Vice President - Operations$1.0m
- Ms. Linda RedmannChief People Officer
- Mr. Richard MessinaChief Technology Officer, Vice President - Global Engineering$567,141
- Ms. Chey Becker-vartoChief Commercial Officer
- Mr. Matteo AnversaIndependent Director$158,847
- Ms. Tina ChangIndependent Director$212,256
- Mr. Thomas FlorsheimIndependent Director$212,256
- Mr. Bruce LismanIndependent Director$201,006
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 37
- Environment
- 3
- Social
- 51
- Governance
- 55
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strattec Security Corp has established a strong reputation in the security industry, known for its high-quality products and reliable services. The company has a long history of providing innovative security solutions and has built a loyal customer base. Its strong financial position allows for investments in research and development, further enhancing its competitive advantage. Additionally, Strattec Security Corp has well-trained and experienced employees who contribute to the company's success.
Weaknesses
- Despite its strengths, Strattec Security Corp faces certain weaknesses. The company relies heavily on a limited number of customers for a significant portion of its revenue, which exposes it to potential risks if those customers shift their preferences or reduce their orders. Additionally, the company's dependency on key suppliers for critical components may make it susceptible to supply chain disruptions. Strattec Security Corp should also focus on improving its international presence to mitigate the risk of over-reliance on the domestic market.
Opportunities
- Strattec Security Corp can capitalize on several opportunities to drive growth and expand its market share. The increasing demand for advanced security technologies, such as keyless entry systems and wireless locking solutions, presents significant opportunities for the company to introduce new products and services. Moreover, the growing emphasis on vehicle safety and security in the automotive industry opens doors for strategic partnerships with automobile manufacturers. Expanding into emerging markets where there is a rising need for efficient security solutions could also be a fruitful opportunity for the company.
Threats
- Strattec Security Corp faces various threats that may impact its business operations. Intense competition from both established players and new entrants in the security industry poses a challenge to the company's market position. Rapid technological advancements and changing customer preferences require Strattec Security Corp to continually innovate and adapt its products to remain competitive. Moreover, economic fluctuations, trade policies, and other macroeconomic factors can affect the demand for security products and impact the company's financial performance. Lastly, the risk of intellectual property theft and cybersecurity breaches need to be addressed to protect the company's valuable innovations and customer data.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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