Printed Circuit Boards · SIC 3672

Kimball Electronics, Inc.

KE

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Latest revenue

$352.9M

as of 2026-03-31

Latest net income

$5.7M

as of 2026-03-31

Net margin

1.6%

as of 2026-03-31

Price · 5Y

+1.9% / yr 11.8 pts / yr vs S&P 500 9.9% total
Compare:

Live market

delayed ≤15 min
$24.60
1.61%
Market cap
$591.6M
Enterprise value
$591.6M
P/E (trailing)
34.8×
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$33.19
52-wk low
$17.56
Beta
Shares out
24.0M

5-year trend

What this company does

AI

Kimball Electronics is a contract manufacturer that builds durable electronic assemblies, medical disposables, precision plastics, and automated test equipment for automotive, medical, and industrial customers. It earns revenue by providing electronics manufacturing services along with engineering and supply chain support across a global production footprint. Sales dipped slightly to $421 million for the quarter while interest expense jumped 52% on higher borrowings, squeezing net income even as margins held steady amid heavy inventory and capex investment.

Generated from KE's filing dated 2024-02-06

Key risks

AI
  • Interest expense surged 94% YoY to $11.6M on six months, with $321.8M total debt outstanding and $86.8M now classified current.
  • Margins remain thin: Q2 gross margin just 8.2% and net margin 2.0%, leaving little cushion if EMS demand softens further.
  • Operating cash flow negative $17.9M for the half on bloated working capital — inventories $455.7M and receivables $309.7M against $39.9M cash.

Generated from KE's filing dated 2024-02-06

Profitability

Gross margin

7.0%

14.2%

Operating margin

3.1%

6.6%

Net margin

1.1%

4.5%

Return on equity

3.0%

23.9%

Return on assets

1.6%

7.2%

Leverage

Debt / equity

0.89×

31.8%

Long-term debt / equity

0.23×

49.3%

Debt / assets

47.1%

16.8%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$352.9M-5.8%$5.7M+49.8%1.6%

Q4 2025

2025-12-31

$341.3M-4.5%$3.6M+6.0%1.1%

Q3 2025

2025-09-30

$365.6M-2.3%$10.1M+219.8%2.8%

Q2 2025

2025-06-30

$380.5M-11.6%$6.6M-12.8%1.7%

Q1 2025

2025-03-31

$374.6M-11.9%$3.8M+162.8%1.0%

Q4 2024

2024-12-31

$357.4M-15.2%$3.4M-58.6%1.0%

Q3 2024

2024-09-30

$374.3M-14.6%$3.2M-70.7%0.8%

Q2 2024

2024-06-30

$430.2M$7.5M1.8%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Printed Circuit Boards · SIC 3672

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Insider activity

Insider buying

$0

Insider selling

$0

Net activity

+$0

Distinct insiders

0

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns KE

Institutional value

$246.6M

Total shares held

11.1M

Distinct holders

96

-88 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.2.4M$56.0M+21.6K (+0.9%)Added
2DIMENSIONAL FUND ADVISORS LP1.6M$38.9M-703 (-0.0%)Trimmed
3VANGUARD CAPITAL MANAGEMENT LLC1.1M$25.1MNew
4VANGUARD PORTFOLIO MANAGEMENT LLC783.9K$18.6MNew
5OXFORD FINANCIAL GROUP, LTD. LLC342.5K$8.1M+0 (+0.0%)No change
6Pacific Ridge Capital Partners, LLC322.5K$7.6M+1.0K (+0.3%)Added
7ENVESTNET ASSET MANAGEMENT INC298.1K$7.1M-30.2K (-9.2%)Trimmed
8GRACE & WHITE INC /NY266.2K$6.3M+0 (+0.0%)No change
9BNP PARIBAS FINANCIAL MARKETS258.2K$6.1M-8.5K (-3.2%)Trimmed
10Assenagon Asset Management S.A.226.5K$5.4M+54.6K (+31.7%)Added
11WELLS FARGO & COMPANY/MN211.0K$5.0M-25.0K (-10.6%)Trimmed
12SAPIENT CAPITAL LLC209.4K$5.0M-87.1K (-29.4%)Trimmed
13VANGUARD FIDUCIARY TRUST CO158.6K$3.8MNew
14FRANKLIN RESOURCES INC156.4K$3.7M+98.8K (+171.5%)Added
15Creative Planning140.4K$3.3M+25.8K (+22.5%)Added
16O'SHAUGHNESSY ASSET MANAGEMENT, LLC138.4K$3.3M-13.0K (-8.6%)Trimmed
17GLOBEFLEX CAPITAL L P125.3K$3.0M-11.6K (-8.4%)Trimmed
18Cardinal Capital Management108.4K$2.6M+1.9K (+1.7%)Added
19PRUDENTIAL FINANCIAL INC107.1K$2.5M+15.4K (+16.8%)Added
20MARTINGALE ASSET MANAGEMENT L P103.4K$2.4M+12.8K (+14.1%)Added

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

AI
  1. 1

    Interest expense jumped to $11.6M from $6.0M while debt sits at $321M—what's the path to deleveraging given negative operating cash flow?

  2. 2

    Inventories of $456M haven't normalized despite revenue declining 3.5% YoY in Q2—when do you expect destocking, and what's the writedown risk?

  3. 3

    Q2 revenue fell to $421M from $437M YoY; which end market—automotive, medical, or industrial—is decelerating fastest, and is FY24 guidance still achievable?

Refreshed when KE files a new report · last from 2024-02-06