Lakeland Industries Inc
LAKE Nasdaq Orthopedic, Prosthetic & Surgical Appliances & Supplies Financials FY2015–FY2026
Revenue
Total sales reported in the income statement.
$193M
70.7%
vs prior year
Operating margin
Operating income as a share of revenue.
−8.1%
13.0 pts
Net income
Profit after all expenses, interest and tax.
−$25.3M
1,451.4%
Free cash flow
Cash from operations minus capital spending.
−$16.4M
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
−8.3%
10.8 pts
Market cap
Last close times the latest diluted share count, so it is approximate.
—
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
On −$2.76 EPS (TTM)
What Lakeland Industries Inc does
No business description yet.
- Legal name
- LAKELAND INDUSTRIES INC
- Fiscal year ends
- January 31, 2026
- Latest annual report
- 10-K · Apr 16, 2026
- Accession · CIK
- 0001193125-26-159176
0000798081
Revenue and margins
Lakeland Industries Inc had $193M of revenue in fiscal 2026, up 70.7% on the year before.
FY15
Revenue $93.4M
FY16
Revenue $99.6M
FY17
Revenue $86.2M
FY18
Revenue $96.0M
FY19
Revenue $99.0M
FY20
Revenue $108M
FY21
Revenue $159M
FY22
Revenue $118M
FY25
Revenue $113M
FY26
Revenue $193M
Q3 '22
Revenue $30.0M
Q4 '22
Revenue $26.8M
Q1 '25
Revenue $27.3M
Q2 '25
Revenue $28.2M
Q3 '25
Revenue $28.4M
Q4 '25
Revenue $45.8M
Q1 '26
Revenue $46.7M
Q2 '26
Revenue $52.5M
Q3 '26
Revenue $47.6M
Q4 '26
Revenue $45.8M
Q1 '27
Revenue $47.4M
Q2 '27
Revenue $50.1M
FY15
Gross 33.9%
Operating 7.5%
Net 9.0%
FCF 2.6%
FY16
Gross 36.5%
Operating 11.9%
Net 3.9%
FCF −1.4%
FY17
Gross 36.7%
Operating 7.9%
Net 4.5%
FCF 12.9%
FY18
Gross 37.7%
Operating 8.8%
Net 0.5%
FCF −0.3%
FY19
Gross 34.2%
Operating 3.6%
Net 1.5%
FCF −1.3%
FY20
Gross 35.2%
Operating 5.5%
Net 3.0%
FCF 2.4%
FY21
Gross 49.9%
Operating 27.6%
Net 22.2%
FCF 24.5%
FY22
Gross 43.0%
Operating 13.6%
Net 9.6%
FCF 10.1%
FY25
Gross 40.6%
Operating 4.9%
Net 1.7%
FCF −6.6%
FY26
Gross 32.9%
Operating −8.1%
Net −13.1%
FCF −8.5%
Gross
Operating
Net
FCF
Q3 '22
Gross 42.5%
Operating 14.1%
Net 9.6%
FCF −42.1%
Q4 '22
Gross 39.2%
Operating 4.2%
Net 1.9%
FCF 44.7%
Q1 '25
Gross 40.5%
Operating 5.3%
Net 4.1%
FCF 5.3%
Q2 '25
Gross 41.3%
Operating 6.4%
Net −3.1%
FCF −23.0%
Q3 '25
Gross 43.3%
Operating 7.8%
Net 5.0%
FCF −5.2%
Q4 '25
Gross 40.6%
Operating 1.8%
Net 0.2%
FCF −0.4%
Q1 '26
Gross 33.5%
Operating −9.9%
Net −8.4%
FCF −12.9%
Q2 '26
Gross 35.8%
Operating −7.7%
Net 1.5%
FCF −10.9%
Q3 '26
Gross 29.7%
Operating −3.4%
Net −33.5%
FCF −13.8%
Q4 '26
Gross 32.2%
Operating −11.4%
Net −13.6%
FCF 4.3%
Q1 '27
Gross 31.4%
Operating 4.8%
Net 0.8%
FCF 9.3%
Q2 '27
Gross 37.0%
Operating −6.7%
Net −9.8%
FCF −0.9%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY15
Net income $8.4M
FY16
Net income $3.9M
FY17
Net income $3.9M
FY18
Net income $0.4M
FY19
Net income $1.5M
FY20
Net income $3.3M
FY21
Net income $35.3M
FY22
Net income $11.4M
FY25
Net income $1.9M
FY26
Net income −$25.3M
Q3 '22
Net income $2.9M
Q4 '22
Net income $0.5M
Q1 '25
Net income $1.1M
Q2 '25
Net income −$0.9M
Q3 '25
Net income $1.4M
Q4 '25
Net income $0.1M
Q1 '26
Net income −$3.9M
Q2 '26
Net income $0.8M
Q3 '26
Net income −$16.0M
Q4 '26
Net income −$6.2M
Q1 '27
Net income $0.4M
Q2 '27
Net income −$4.9M
FY15
Diluted EPS $1.33
FY16
Diluted EPS $0.53
FY17
Diluted EPS $0.53
FY18
Diluted EPS $0.06
FY19
Diluted EPS $0.18
FY20
Diluted EPS $0.41
FY21
Diluted EPS $4.34
FY22
Diluted EPS $1.41
FY25
Diluted EPS $0.24
FY26
Diluted EPS −$2.63
Q3 '22
Diluted EPS $0.36
Q4 '22
Diluted EPS $0.08
Q1 '25
Diluted EPS $0.14
Q2 '25
Diluted EPS $0.11
Q3 '25
Diluted EPS $0.19
Q4 '25
Diluted EPS $0.01
Q1 '26
Diluted EPS −$0.41
Q2 '26
Diluted EPS $0.08
Q3 '26
Diluted EPS −$1.64
Q4 '26
Diluted EPS −$0.66
Q1 '27
Diluted EPS $0.04
Q2 '27
Diluted EPS −$0.50
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY15
Return on capital 10.1%
Return on equity 13.3%
Return on assets 9.0%
FY16
Return on capital 10.9%
Return on equity 5.9%
Return on assets 4.2%
FY17
Return on capital 6.6%
Return on equity 5.6%
Return on assets 4.5%
FY18
Return on capital 8.0%
Return on equity 0.6%
Return on assets 0.5%
FY19
Return on capital 3.2%
Return on equity 1.8%
Return on assets 1.5%
FY20
Return on capital 5.3%
Return on equity 3.9%
Return on assets 3.4%
FY21
Return on capital 51.1%
Return on equity 34.2%
Return on assets 29.6%
FY22
Return on capital 15.6%
Return on equity 9.2%
Return on assets 8.1%
FY25
Return on capital 2.5%
Return on equity 1.3%
Return on assets 0.9%
FY26
Return on capital −8.3%
Return on equity −18.4%
Return on assets −12.0%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was −$16.4M in fiscal 2026, −8.5% of revenue. Cash from operations minus capital spending.
FY15
Free cash flow $2.4M
FY16
Free cash flow −$1.4M
FY17
Free cash flow $11.1M
FY18
Free cash flow −$0.3M
FY19
Free cash flow −$1.3M
FY20
Free cash flow $2.6M
FY21
Free cash flow $39.0M
FY22
Free cash flow $12.0M
FY25
Free cash flow −$7.4M
FY26
Free cash flow −$16.4M
Q3 '22
Free cash flow −$12.6M
Q4 '22
Free cash flow $12.0M
Q1 '25
Free cash flow $1.4M
Q2 '25
Free cash flow −$6.5M
Q3 '25
Free cash flow −$1.5M
Q4 '25
Free cash flow −$0.2M
Q1 '26
Free cash flow −$6.1M
Q2 '26
Free cash flow −$5.7M
Q3 '26
Free cash flow −$6.6M
Q4 '26
Free cash flow $2.0M
Q1 '27
Free cash flow $4.4M
Q2 '27
Free cash flow −$0.4M
FY15
Cash from operations $3.3M
Capital spending $0.9M
FY16
Cash from operations −$0.5M
Capital spending $0.8M
FY17
Cash from operations $11.5M
Capital spending $0.4M
FY18
Cash from operations $0.6M
Capital spending $0.9M
FY19
Cash from operations $1.8M
Capital spending $3.1M
FY20
Cash from operations $3.6M
Capital spending $1.0M
FY21
Cash from operations $40.7M
Capital spending $1.7M
FY22
Cash from operations $12.8M
Capital spending $0.8M
FY25
Cash from operations −$5.5M
Capital spending $2.0M
FY26
Cash from operations −$15.8M
Capital spending $0.7M
Cash from operations
Capital spending
Q3 '22
Cash from operations −$13.1M
Capital spending −$0.5M
Q4 '22
Cash from operations $12.8M
Capital spending $0.8M
Q1 '25
Cash from operations $1.9M
Capital spending $0.5M
Q2 '25
Cash from operations −$6.5M
Capital spending −$0.0M
Q3 '25
Cash from operations −$0.7M
Capital spending $0.8M
Q4 '25
Cash from operations $0.3M
Capital spending $0.5M
Q1 '26
Cash from operations −$4.8M
Capital spending $1.2M
Q2 '26
Cash from operations −$4.8M
Capital spending $0.9M
Q3 '26
Cash from operations −$7.9M
Capital spending −$1.3M
Q4 '26
Cash from operations $1.8M
Capital spending −$0.1M
Q1 '27
Cash from operations $5.8M
Capital spending $1.4M
Q2 '27
Cash from operations −$0.4M
Capital spending $0.0M
Cash from operations
Capital spending
Dividends, buybacks and share count
Lakeland Industries Inc returned $1.2M to shareholders in fiscal 2026. The diluted share count rose 24.4%.
FY15
Dividends —
Buybacks —
FY16
Dividends —
Buybacks —
FY17
Dividends —
Buybacks —
FY18
Dividends —
Buybacks —
FY19
Dividends —
Buybacks —
FY20
Dividends —
Buybacks —
FY21
Dividends —
Buybacks —
FY22
Dividends —
Buybacks —
FY25
Dividends —
Buybacks —
FY26
Dividends $1.2M
Buybacks —
Dividends
Buybacks
Q3 '22
Dividends —
Buybacks —
Q4 '22
Dividends —
Buybacks —
Q1 '25
Dividends —
Buybacks —
Q2 '25
Dividends —
Buybacks —
Q3 '25
Dividends $0.0M
Buybacks —
Q4 '25
Dividends $0.2M
Buybacks —
Q1 '26
Dividends $0.3M
Buybacks —
Q2 '26
Dividends $0.3M
Buybacks —
Q3 '26
Dividends $0.3M
Buybacks —
Q4 '26
Dividends $0.3M
Buybacks —
Q1 '27
Dividends $0.0M
Buybacks —
Q2 '27
Dividends $0.0M
Buybacks —
Dividends
Buybacks
FY15
Diluted shares 0.01B
FY16
Diluted shares 0.01B
FY17
Diluted shares 0.01B
FY18
Diluted shares 0.01B
FY19
Diluted shares 0.01B
FY20
Diluted shares 0.01B
FY21
Diluted shares 0.01B
FY22
Diluted shares 0.01B
FY25
Diluted shares 0.01B
FY26
Diluted shares 0.01B
Balance sheet
Cash, debt and the ratios that show how comfortably Lakeland Industries Inc can carry it.
FY15
Cash $6.7M
Debt $12.4M
FY16
Cash $7.0M
Debt $16.7M
FY17
Cash $10.4M
Debt $5.9M
FY18
Cash $15.8M
Debt $1.9M
FY19
Cash $12.8M
Debt $1.3M
FY20
Cash $14.6M
Debt $1.2M
FY21
Cash $52.6M
Debt $0.0M
FY22
Cash $52.7M
Debt $0.0M
FY25
Cash $17.5M
Debt $17.4M
FY26
Cash $12.5M
Debt $30.4M
Cash
Debt
| Fiscal year end | FY20 | FY21 | FY22 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $14.6M | $52.6M | $52.7M | $17.5M | $12.5M |
| Debt incl. finance leases | $1.2M | $0.0M | $0.0M | $17.4M | $30.4M |
| Net debt / EBITDA | −1.8x | −1.1x | −2.9x | −0.0x | — |
| Debt / equity | 0.0x | 0.0x | 0.0x | 0.1x | 0.2x |
| Interest coverage | 50.7x | 1,908.1x | 1,069.8x | 149.8x | −7.2x |
| Current ratio | 6.2x | 7.6x | 10.0x | 3.9x | 3.5x |
| Quick ratio | 2.7x | 4.9x | 6.1x | 1.5x | 1.4x |
| Total assets | $99.4M | $140M | $141M | $213M | $210M |
| Total liabilities | $14.4M | $17.8M | $15.7M | $65.9M | $80.8M |
| Shareholders' equity | $85.1M | $122M | $125M | $147M | $129M |
| Net debt (− = net cash) | −$13.5M | −$52.6M | −$52.7M | −$0.1M | $17.9M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✕ |
| Cash from operations is positive | ✓ | ✕ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✕ | ✕ |
| Return on assets rose | — | ✕ | ✓ | ✕ | ✓ | ✓ | ✓ | ✕ | — | ✕ |
| Cash from operations exceeds net income | ✕ | ✕ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✕ | ✓ |
| Debt fell relative to assets | — | ✕ | ✓ | ✓ | ✓ | ✓ | ✓ | ✕ | — | ✕ |
| Current ratio rose | — | ✓ | ✓ | ✓ | ✕ | ✕ | ✓ | ✓ | — | ✕ |
| Share count didn't rise | — | ✕ | ✕ | ✕ | ✕ | ✓ | ✕ | ✓ | — | ✕ |
| Gross margin rose | — | ✓ | ✓ | ✓ | ✕ | ✓ | ✓ | ✕ | — | ✕ |
| Revenue rose relative to assets | — | ✓ | ✕ | ✕ | ✓ | ✓ | ✓ | ✕ | — | ✓ |
| F-score | — / 3 | 4 / 9 | 7 / 9 | 6 / 9 | 6 / 9 | 8 / 9 | 8 / 9 | 5 / 9 | — / 3 | 2 / 9 |
| Accruals ratio | 5.4% | 4.8% | −8.8% | −0.2% | −0.3% | −0.3% | −4.5% | −1.0% | 3.4% | −4.5% |
| Altman Z'' | 5.87 | 7.76 | 10.48 | 13.07 | 12.86 | 11.61 | 15.54 | 15.65 | 6.42 | 4.56 |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY15 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $93.4M | $99.6M | $86.2M | $96.0M | $99.0M | $108M | $159M | $118M | $113M | $193M |
| Provision for credit losses | $0.0M | $2.3M | $0.0M | $0.0M | — | — | — | — | — | — |
| Gross profit | $31.7M | $36.3M | $31.6M | $36.2M | $33.9M | $37.9M | $79.3M | $50.9M | $45.8M | $63.3M |
| Research and development | $0.1M | $0.2M | $0.5M | $0.3M | $0.2M | $0.2M | $0.2M | — | — | — |
| Operating income | $7.0M | $11.8M | $6.8M | $8.5M | $3.6M | $5.9M | $43.9M | $16.0M | $5.5M | −$15.5M |
| Interest expense | $1.7M | $0.8M | $0.6M | $0.2M | $0.1M | $0.1M | $0.0M | $0.0M | $0.0M | $2.1M |
| Pretax income | $2.9M | $10.9M | $6.3M | $8.3M | $3.5M | $5.8M | $43.9M | $16.2M | $5.5M | −$17.7M |
| Income tax | −$8.2M | $3.1M | $2.4M | $7.9M | $2.0M | $2.5M | $8.6M | $4.8M | $3.6M | $7.6M |
| Net income | $8.4M | $3.9M | $3.9M | $0.4M | $1.5M | $3.3M | $35.3M | $11.4M | $1.9M | −$25.3M |
| Diluted EPS | $1.33 | $0.53 | $0.53 | $0.06 | $0.18 | $0.41 | $4.34 | $1.41 | $0.24 | −$2.63 |
| Diluted shares | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B |
| Cash flow | ||||||||||
| Cash from operations | $3.3M | −$0.5M | $11.5M | $0.6M | $1.8M | $3.6M | $40.7M | $12.8M | −$5.5M | −$15.8M |
| Capital expenditure | $0.9M | $0.8M | $0.4M | $0.9M | $3.1M | $1.0M | $1.7M | $0.8M | $2.0M | $0.7M |
| Free cash flow | $2.4M | −$1.4M | $11.1M | −$0.3M | −$1.3M | $2.6M | $39.0M | $12.0M | −$7.4M | −$16.4M |
| Depreciation and amortization | $1.1M | $1.0M | $1.2M | $0.8M | $1.0M | $1.6M | $2.0M | $1.9M | $1.5M | $2.8M |
| Stock-based compensation | $1.2M | $0.6M | $0.3M | $0.4M | $0.7M | −$0.4M | $1.7M | $1.7M | $1.5M | $3.4M |
| Acquisitions | — | — | — | — | — | — | — | — | — | $6.2M |
| Dividends paid | — | — | — | — | — | — | — | — | — | $1.2M |
| Dividends and buybacks | — | — | — | — | — | — | — | — | — | $1.2M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $6.7M | $7.0M | $10.4M | $15.8M | $12.8M | $14.6M | $52.6M | $52.7M | $17.5M | $12.5M |
| Total debt | $12.4M | $16.7M | $5.9M | $1.9M | $1.3M | $1.2M | $0.0M | $0.0M | $17.4M | $30.4M |
| Current assets | $68.6M | $62.1M | $60.1M | $76.5M | $75.5M | $79.8M | $123M | $121M | $137M | $134M |
| Current liabilities | $26.2M | $20.0M | $12.3M | $10.4M | $10.3M | $12.9M | $16.2M | $12.0M | $34.9M | $38.0M |
| Inventory | $37.1M | $40.8M | $35.5M | $42.9M | $42.4M | $44.2M | $43.6M | $47.7M | $82.7M | $82.5M |
| Property and equipment, net | $10.1M | $9.3M | $8.5M | $8.8M | $10.8M | $10.1M | $9.8M | $8.7M | $13.9M | $11.6M |
| Goodwill | $0.9M | $0.9M | $0.9M | $0.9M | $0.9M | $0.9M | $0.9M | $0.9M | $16.2M | $15.3M |
| Intangible assets | $0.2M | $0.1M | — | — | — | — | — | $0.0M | $25.5M | $31.7M |
| Total assets | $93.2M | $88.3M | $84.6M | $94.5M | $94.7M | $99.4M | $140M | $141M | $213M | $210M |
| Total liabilities | $30.0M | $20.7M | $13.0M | $11.7M | $11.5M | $14.4M | $17.8M | $15.7M | $65.9M | $80.8M |
| Preferred stock | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $63.3M | $67.5M | $71.5M | $82.8M | $83.2M | $85.1M | $122M | $125M | $147M | $129M |
| Margins | ||||||||||
| Gross margin | 33.9% | 36.5% | 36.7% | 37.7% | 34.2% | 35.2% | 49.9% | 43.0% | 40.6% | 32.9% |
| Operating margin | 7.5% | 11.9% | 7.9% | 8.8% | 3.6% | 5.5% | 27.6% | 13.6% | 4.9% | −8.1% |
| EBITDA margin | 8.6% | 12.8% | 9.3% | 9.6% | 4.6% | 7.0% | 28.8% | 15.1% | 6.2% | −6.6% |
| Net margin | 9.0% | 3.9% | 4.5% | 0.5% | 1.5% | 3.0% | 22.2% | 9.6% | 1.7% | −13.1% |
| FCF margin | 2.6% | −1.4% | 12.9% | −0.3% | −1.3% | 2.4% | 24.5% | 10.1% | −6.6% | −8.5% |
| Returns | ||||||||||
| Return on capital | 10.1% | 10.9% | 6.6% | 8.0% | 3.2% | 5.3% | 51.1% | 15.6% | 2.5% | −8.3% |
| Return on capital employed | 10.4% | 17.3% | 9.5% | 10.1% | 4.2% | 6.8% | 35.6% | 12.5% | 3.1% | −9.0% |
| Return on equity | 13.3% | 5.9% | 5.6% | 0.6% | 1.8% | 3.9% | 34.2% | 9.2% | 1.3% | −18.4% |
| Return on assets | 9.0% | 4.2% | 4.5% | 0.5% | 1.5% | 3.4% | 29.6% | 8.1% | 0.9% | −12.0% |
| Return on tangible equity | 13.5% | 5.8% | 5.5% | 0.5% | 1.8% | 3.9% | 29.2% | 9.2% | 1.8% | −30.8% |
| Growth | ||||||||||
| Revenue growth | — | 6.7% | −13.5% | 11.4% | 3.2% | 8.9% | 47.5% | −25.5% | — | 70.7% |
| Net income growth | — | −54.1% | 1.0% | −88.7% | 231.6% | 124.9% | 976.8% | −67.8% | — | −1,451.4% |
| EPS growth | — | −60.2% | 0.0% | −88.7% | 200.0% | 127.8% | 958.5% | −67.5% | — | −1,195.8% |
| FCF growth | — | −156.8% | — | −102.3% | — | — | 1,425.4% | −69.3% | — | — |
| Share count change | — | 14.7% | 1.0% | 5.0% | 6.2% | −1.6% | 1.3% | −1.1% | — | 24.4% |
| Financial health | ||||||||||
| Net debt / EBITDA | 0.7x | 0.8x | −0.6x | −1.5x | −2.5x | −1.8x | −1.1x | −2.9x | −0.0x | — |
| Debt / equity | 0.2x | 0.2x | 0.1x | 0.0x | 0.0x | 0.0x | 0.0x | 0.0x | 0.1x | 0.2x |
| Interest coverage | 4.1x | 15.0x | 11.0x | 52.0x | 28.5x | 50.7x | 1,908.1x | 1,069.8x | 149.8x | −7.2x |
| Current ratio | 2.6x | 3.1x | 4.9x | 7.4x | 7.3x | 6.2x | 7.6x | 10.0x | 3.9x | 3.5x |
| Quick ratio | 1.2x | 1.1x | 2.0x | 3.2x | 3.2x | 2.7x | 4.9x | 6.1x | 1.5x | 1.4x |
| Capital allocation | ||||||||||
| Capex / revenue | 1.0% | 0.8% | 0.5% | 0.9% | 3.1% | 1.0% | 1.0% | 0.7% | 1.8% | 0.3% |
| Stock comp / revenue | 1.3% | 0.6% | 0.3% | 0.4% | 0.8% | −0.4% | 1.1% | 1.4% | 1.3% | 1.8% |
| Quality scores | ||||||||||
| Piotroski F-score | — | 4.0 | 7.0 | 6.0 | 6.0 | 8.0 | 8.0 | 5.0 | — | 2.0 |
| Altman Z'' | 5.9 | 7.8 | 10.5 | 13.1 | 12.9 | 11.6 | 15.5 | 15.7 | 6.4 | 4.6 |
| Accruals ratio | 5.4% | 4.8% | −8.8% | −0.2% | −0.3% | −0.3% | −4.5% | −1.0% | 3.4% | −4.5% |
Source: SEC EDGAR XBRL filings (CIK 0000798081). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.