Sturm Ruger & Co Inc
RGR NYSE Ordnance & Accessories, (No Vehicles/Guided Missiles) Financials FY2016–FY2025
Revenue
Total sales reported in the income statement.
$546M
1.9%
vs prior year
Operating margin
Operating income as a share of revenue.
−2.3%
8.2 pts
Net income
Profit after all expenses, interest and tax.
−$4.4M
114.4%
Free cash flow
Cash from operations minus capital spending.
$38.5M
10.9%
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
—
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 $0.75 EPS (TTM)
What Sturm Ruger & Co Inc does
No business description yet.
- Legal name
- STURM RUGER & CO INC
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 2, 2026
- Accession · CIK
- 0001174947-26-000243
0000095029
Revenue and margins
Sturm Ruger & Co Inc had $546M of revenue in fiscal 2025, up 1.9% on the year before.
FY16
Revenue $664M
FY17
Revenue $522M
FY18
Revenue $496M
FY19
Revenue $411M
FY20
Revenue $569M
FY21
Revenue $731M
FY22
Revenue $596M
FY23
Revenue $544M
FY24
Revenue $536M
FY25
Revenue $546M
Q3 '23
Revenue $121M
Q4 '23
Revenue $131M
Q1 '24
Revenue $137M
Q2 '24
Revenue $131M
Q3 '24
Revenue $122M
Q4 '24
Revenue $146M
Q1 '25
Revenue $136M
Q2 '25
Revenue $132M
Q3 '25
Revenue $127M
Q4 '25
Revenue $151M
Q1 '26
Revenue $141M
Q2 '26
Revenue $158M
FY16
Gross 33.0%
Operating 20.2%
Net 13.2%
FCF 10.5%
FY17
Gross 29.5%
Operating 14.6%
Net 10.0%
FCF 12.9%
FY18
Gross 27.1%
Operating 13.5%
Net 10.3%
FCF 22.0%
FY19
Gross 24.3%
Operating 9.6%
Net 7.9%
FCF 7.1%
FY20
Gross 33.7%
Operating 20.9%
Net 15.9%
FCF 21.0%
FY21
Gross 38.3%
Operating 27.8%
Net 21.3%
FCF 19.6%
FY22
Gross 30.2%
Operating 17.4%
Net 14.8%
FCF 8.3%
FY23
Gross 24.6%
Operating 9.6%
Net 8.9%
FCF 3.3%
FY24
Gross 21.4%
Operating 5.9%
Net 5.7%
FCF 6.5%
FY25
Gross 14.9%
Operating −2.3%
Net −0.8%
FCF 7.0%
Gross
Operating
Net
FCF
Q3 '23
Gross 20.5%
Operating 5.2%
Net 6.1%
FCF −9.3%
Q4 '23
Gross 24.7%
Operating 7.9%
Net 7.8%
FCF 9.5%
Q1 '24
Gross 21.5%
Operating 5.5%
Net 5.2%
FCF 4.1%
Q2 '24
Gross 22.3%
Operating 6.9%
Net 6.3%
FCF 7.7%
Q3 '24
Gross 18.5%
Operating 3.1%
Net 3.9%
FCF 2.1%
Q4 '24
Gross 22.8%
Operating 7.8%
Net 7.2%
FCF 11.2%
Q1 '25
Gross 22.0%
Operating 6.2%
Net 5.7%
FCF 7.4%
Q2 '25
Gross 3.9%
Operating −15.6%
Net −13.0%
FCF 6.9%
Q3 '25
Gross 15.1%
Operating −2.7%
Net 1.2%
FCF 5.5%
Q4 '25
Gross 17.8%
Operating 2.3%
Net 2.3%
FCF 8.2%
Q1 '26
Gross 19.9%
Operating −1.4%
Net 0.1%
FCF 9.9%
Q2 '26
Gross 21.3%
Operating 4.8%
Net 4.4%
FCF 8.9%
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY16
Net income $87.5M
FY17
Net income $52.1M
FY18
Net income $50.9M
FY19
Net income $32.3M
FY20
Net income $90.4M
FY21
Net income $156M
FY22
Net income $88.3M
FY23
Net income $48.2M
FY24
Net income $30.6M
FY25
Net income −$4.4M
Q3 '23
Net income $7.4M
Q4 '23
Net income $10.2M
Q1 '24
Net income $7.1M
Q2 '24
Net income $8.3M
Q3 '24
Net income $4.7M
Q4 '24
Net income $10.5M
Q1 '25
Net income $7.8M
Q2 '25
Net income −$17.2M
Q3 '25
Net income $1.6M
Q4 '25
Net income $3.5M
Q1 '26
Net income $0.1M
Q2 '26
Net income $7.0M
FY16
Diluted EPS $4.59
FY17
Diluted EPS $2.91
FY18
Diluted EPS $2.88
FY19
Diluted EPS $1.82
FY20
Diluted EPS $5.09
FY21
Diluted EPS $8.78
FY22
Diluted EPS $4.96
FY23
Diluted EPS $2.71
FY24
Diluted EPS $1.77
FY25
Diluted EPS −$0.27
Q3 '23
Diluted EPS $0.42
Q4 '23
Diluted EPS $0.58
Q1 '24
Diluted EPS $0.40
Q2 '24
Diluted EPS $0.47
Q3 '24
Diluted EPS $0.28
Q4 '24
Diluted EPS $0.62
Q1 '25
Diluted EPS $0.46
Q2 '25
Diluted EPS −$1.05
Q3 '25
Diluted EPS $0.10
Q4 '25
Diluted EPS $0.21
Q1 '26
Diluted EPS $0.01
Q2 '26
Diluted EPS $0.43
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY16
Return on capital —
Return on equity 32.9%
Return on assets 25.2%
FY17
Return on capital —
Return on equity 21.0%
Return on assets 16.5%
FY18
Return on capital —
Return on equity 20.6%
Return on assets 16.4%
FY19
Return on capital —
Return on equity 11.7%
Return on assets 9.4%
FY20
Return on capital —
Return on equity 32.9%
Return on assets 25.9%
FY21
Return on capital —
Return on equity 49.6%
Return on assets 39.4%
FY22
Return on capital —
Return on equity 26.0%
Return on assets 19.1%
FY23
Return on capital —
Return on equity 14.9%
Return on assets 10.9%
FY24
Return on capital —
Return on equity 9.4%
Return on assets 7.8%
FY25
Return on capital —
Return on equity −1.5%
Return on assets −1.2%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was $38.5M in fiscal 2025, 7.0% of revenue. Cash from operations minus capital spending.
FY16
Free cash flow $69.6M
FY17
Free cash flow $67.6M
FY18
Free cash flow $109M
FY19
Free cash flow $29.3M
FY20
Free cash flow $120M
FY21
Free cash flow $144M
FY22
Free cash flow $49.5M
FY23
Free cash flow $18.1M
FY24
Free cash flow $34.7M
FY25
Free cash flow $38.5M
Q3 '23
Free cash flow −$11.3M
Q4 '23
Free cash flow $12.4M
Q1 '24
Free cash flow $5.6M
Q2 '24
Free cash flow $10.1M
Q3 '24
Free cash flow $2.6M
Q4 '24
Free cash flow $16.4M
Q1 '25
Free cash flow $10.0M
Q2 '25
Free cash flow $9.1M
Q3 '25
Free cash flow $7.0M
Q4 '25
Free cash flow $12.3M
Q1 '26
Free cash flow $14.0M
Q2 '26
Free cash flow $14.1M
FY16
Cash from operations $105M
Capital spending $35.2M
FY17
Cash from operations $101M
Capital spending $33.6M
FY18
Cash from operations $120M
Capital spending $10.5M
FY19
Cash from operations $49.6M
Capital spending $20.3M
FY20
Cash from operations $144M
Capital spending $24.2M
FY21
Cash from operations $172M
Capital spending $28.8M
FY22
Cash from operations $77.2M
Capital spending $27.7M
FY23
Cash from operations $33.9M
Capital spending $15.8M
FY24
Cash from operations $55.5M
Capital spending $20.8M
FY25
Cash from operations $54.3M
Capital spending $15.8M
Cash from operations
Capital spending
Q3 '23
Cash from operations −$4.5M
Capital spending $6.8M
Q4 '23
Cash from operations $16.6M
Capital spending $4.2M
Q1 '24
Cash from operations $7.3M
Capital spending $1.8M
Q2 '24
Cash from operations $18.7M
Capital spending $8.6M
Q3 '24
Cash from operations $9.4M
Capital spending $6.8M
Q4 '24
Cash from operations $20.0M
Capital spending $3.6M
Q1 '25
Cash from operations $11.1M
Capital spending $1.1M
Q2 '25
Cash from operations $14.7M
Capital spending $5.6M
Q3 '25
Cash from operations $12.9M
Capital spending $5.9M
Q4 '25
Cash from operations $15.5M
Capital spending $3.2M
Q1 '26
Cash from operations $18.8M
Capital spending $4.8M
Q2 '26
Cash from operations $17.3M
Capital spending $3.3M
Cash from operations
Capital spending
Dividends, buybacks and share count
Sturm Ruger & Co Inc returned $36.2M to shareholders in fiscal 2025, 94% of free cash flow. The diluted share count fell 6.0%.
FY16
Dividends $32.8M
Buybacks $14.0M
FY17
Dividends $23.9M
Buybacks $64.9M
FY18
Dividends $19.2M
Buybacks —
FY19
Dividends $14.3M
Buybacks $2.0M
FY20
Dividends $114M
Buybacks —
FY21
Dividends $59.1M
Buybacks —
FY22
Dividends $42.7M
Buybacks $0.2M
FY23
Dividends $111M
Buybacks $11.8M
FY24
Dividends $11.8M
Buybacks $34.4M
FY25
Dividends $10.1M
Buybacks $26.1M
Dividends
Buybacks
Q3 '23
Dividends $6.4M
Buybacks —
Q4 '23
Dividends $3.0M
Buybacks —
Q1 '24
Dividends $4.1M
Buybacks $3.2M
Q2 '24
Dividends $2.7M
Buybacks $17.1M
Q3 '24
Dividends $3.2M
Buybacks $9.1M
Q4 '24
Dividends $1.8M
Buybacks $5.1M
Q1 '25
Dividends $4.0M
Buybacks $3.0M
Q2 '25
Dividends $2.9M
Buybacks $13.2M
Q3 '25
Dividends $2.6M
Buybacks $10.0M
Q4 '25
Dividends $0.6M
Buybacks $0.0M
Q1 '26
Dividends $1.3M
Buybacks —
Q2 '26
Dividends $1.8M
Buybacks —
Dividends
Buybacks
FY16
Diluted shares 0.02B
FY17
Diluted shares 0.02B
FY18
Diluted shares 0.02B
FY19
Diluted shares 0.02B
FY20
Diluted shares 0.02B
FY21
Diluted shares 0.02B
FY22
Diluted shares 0.02B
FY23
Diluted shares 0.02B
FY24
Diluted shares 0.02B
FY25
Diluted shares 0.02B
Balance sheet
Cash, debt and the ratios that show how comfortably Sturm Ruger & Co Inc can carry it.
FY16
Cash $87.1M
Debt —
FY17
Cash $63.5M
Debt —
FY18
Cash $153M
Debt —
FY19
Cash $165M
Debt —
FY20
Cash $141M
Debt —
FY21
Cash $221M
Debt —
FY22
Cash $224M
Debt —
FY23
Cash $118M
Debt —
FY24
Cash $105M
Debt —
FY25
Cash $92.5M
Debt —
Cash
Debt
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $221M | $224M | $118M | $105M | $92.5M |
| Interest coverage | 1,238.6x | 404.1x | 254.1x | 310.3x | −130.8x |
| Current ratio | 4.3x | 2.2x | 4.3x | 4.2x | 3.9x |
| Quick ratio | 3.7x | 1.8x | 3.0x | 3.0x | 3.1x |
| Total assets | $442M | $485M | $399M | $384M | $342M |
| Total liabilities | $78.7M | $168M | $67.1M | $64.5M | $58.2M |
| Shareholders' equity | $364M | $317M | $332M | $320M | $284M |
| Net debt (− = net cash) | — | — | — | — | — |
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
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✕ |
| Cash from operations is positive | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
| Return on assets rose | — | ✕ | ✕ | ✕ | ✓ | ✓ | ✕ | ✕ | ✕ | ✕ |
| Cash from operations exceeds net income | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✕ | ✕ | ✓ | ✓ |
| Debt fell relative to assets | — | — | — | — | — | — | — | — | — | — |
| Current ratio rose | — | ✓ | ✓ | ✓ | ✕ | ✓ | ✕ | ✓ | ✕ | ✕ |
| Share count didn't rise | — | ✓ | ✓ | ✕ | ✓ | ✓ | ✕ | ✕ | ✓ | ✓ |
| Gross margin rose | — | ✕ | ✕ | ✕ | ✓ | ✓ | ✕ | ✕ | ✕ | ✕ |
| Revenue rose relative to assets | — | ✕ | ✕ | ✕ | ✓ | ✓ | ✕ | ✓ | ✓ | ✓ |
| F-score | — / 3 | 5 / 8 | 5 / 8 | 4 / 8 | 7 / 8 | 8 / 8 | 2 / 8 | 4 / 8 | 5 / 8 | 4 / 8 |
| Accruals ratio | −5.0% | −15.5% | −22.2% | −5.1% | −15.3% | −4.2% | 2.4% | 3.2% | −6.4% | −16.2% |
| Altman Z'' | 11.34 | 12.58 | 11.79 | 12.45 | 11.71 | 14.90 | 8.75 | 12.91 | 12.84 | 11.91 |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $664M | $522M | $496M | $411M | $569M | $731M | $596M | $544M | $536M | $546M |
| Gross profit | $220M | $154M | $134M | $99.5M | $191M | $280M | $180M | $134M | $114M | $81.2M |
| Research and development | $8.7M | $9.8M | $8.5M | $8.2M | $8.0M | $11.7M | $9.6M | $9.8M | $8.2M | $8.4M |
| Operating income | $134M | $76.3M | $67.0M | $39.4M | $119M | $203M | $103M | $52.1M | $31.7M | −$12.3M |
| Interest expense | $0.2M | $0.2M | $0.3M | $0.2M | $0.2M | $0.2M | $0.3M | $0.2M | $0.1M | $0.1M |
| Pretax income | $136M | $77.6M | $68.7M | $43.0M | $121M | $207M | $108M | $58.8M | $37.8M | −$7.2M |
| Income tax | $48.4M | $25.5M | $17.8M | $10.7M | $30.6M | $50.7M | $19.9M | $10.6M | $7.2M | −$2.8M |
| Net income | $87.5M | $52.1M | $50.9M | $32.3M | $90.4M | $156M | $88.3M | $48.2M | $30.6M | −$4.4M |
| Diluted EPS | $4.59 | $2.91 | $2.88 | $1.82 | $5.09 | $8.78 | $4.96 | $2.71 | $1.77 | −$0.27 |
| Diluted shares | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B |
| Cash flow | ||||||||||
| Cash from operations | $105M | $101M | $120M | $49.6M | $144M | $172M | $77.2M | $33.9M | $55.5M | $54.3M |
| Capital expenditure | $35.2M | $33.6M | $10.5M | $20.3M | $24.2M | $28.8M | $27.7M | $15.8M | $20.8M | $15.8M |
| Free cash flow | $69.6M | $67.6M | $109M | $29.3M | $120M | $144M | $49.5M | $18.1M | $34.7M | $38.5M |
| Depreciation and amortization | $35.4M | $34.3M | $32.0M | $29.3M | $27.6M | $26.2M | $25.8M | $22.4M | $22.1M | $22.9M |
| Stock-based compensation | $3.1M | $3.7M | $5.8M | $6.3M | $6.1M | $8.3M | $1.7M | $4.0M | $4.3M | $5.0M |
| Acquisitions | — | — | — | — | $28.3M | — | — | — | — | — |
| Share buybacks | $14.0M | $64.9M | — | $2.0M | — | — | $0.2M | $11.8M | $34.4M | $26.1M |
| Dividends paid | $32.8M | $23.9M | $19.2M | $14.3M | $114M | $59.1M | $42.7M | $111M | $11.8M | $10.1M |
| Dividends and buybacks | $46.8M | $88.8M | $19.2M | $16.3M | $114M | $59.1M | $42.9M | $123M | $46.2M | $36.2M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $87.1M | $63.5M | $153M | $165M | $141M | $221M | $224M | $118M | $105M | $92.5M |
| Current assets | $215M | $167M | $232M | $249M | $234M | $329M | $362M | $271M | $258M | $212M |
| Current liabilities | $80.9M | $52.7M | $71.2M | $61.2M | $81.8M | $77.1M | $163M | $63.2M | $60.8M | $54.7M |
| Inventory | $54.5M | $39.7M | $31.4M | $28.3M | $29.1M | $43.9M | $65.0M | $79.8M | $76.5M | $42.9M |
| Property and equipment, net | $104M | $104M | $82.7M | $73.9M | $70.7M | $73.6M | $76.9M | $71.5M | $71.2M | $80.1M |
| Goodwill | — | — | — | $0.2M | $0.8M | $3.3M | $3.3M | $3.3M | $3.3M | $3.7M |
| Total assets | $347M | $284M | $336M | $349M | $348M | $442M | $485M | $399M | $384M | $342M |
| Total liabilities | $81.0M | $54.2M | $71.3M | $63.5M | $83.6M | $78.7M | $168M | $67.1M | $64.5M | $58.2M |
| Shareholders' equity | $266M | $230M | $264M | $285M | $265M | $364M | $317M | $332M | $320M | $284M |
| Margins | ||||||||||
| Gross margin | 33.0% | 29.5% | 27.1% | 24.3% | 33.7% | 38.3% | 30.2% | 24.6% | 21.4% | 14.9% |
| Operating margin | 20.2% | 14.6% | 13.5% | 9.6% | 20.9% | 27.8% | 17.4% | 9.6% | 5.9% | −2.3% |
| EBITDA margin | 25.6% | 21.2% | 20.0% | 16.7% | 25.8% | 31.4% | 21.7% | 13.7% | 10.0% | 1.9% |
| Net margin | 13.2% | 10.0% | 10.3% | 7.9% | 15.9% | 21.3% | 14.8% | 8.9% | 5.7% | −0.8% |
| FCF margin | 10.5% | 12.9% | 22.0% | 7.1% | 21.0% | 19.6% | 8.3% | 3.3% | 6.5% | 7.0% |
| Returns | ||||||||||
| Return on capital employed | 50.5% | 33.0% | 25.3% | 13.7% | 44.7% | 55.6% | 32.2% | 15.5% | 9.8% | −4.3% |
| Return on equity | 32.9% | 21.0% | 20.6% | 11.7% | 32.9% | 49.6% | 26.0% | 14.9% | 9.4% | −1.5% |
| Return on assets | 25.2% | 16.5% | 16.4% | 9.4% | 25.9% | 39.4% | 19.1% | 10.9% | 7.8% | −1.2% |
| Return on tangible equity | 32.9% | 22.7% | 19.3% | 11.3% | 34.3% | 43.3% | 28.2% | 14.7% | 9.7% | −1.6% |
| Growth | ||||||||||
| Revenue growth | — | −21.4% | −5.1% | −17.2% | 38.6% | 28.5% | −18.5% | −8.7% | −1.5% | 1.9% |
| Net income growth | — | −40.4% | −2.3% | −36.6% | 179.9% | 72.5% | −43.3% | −45.4% | −36.6% | −114.4% |
| EPS growth | — | −36.6% | −1.0% | −36.8% | 179.7% | 72.5% | −43.5% | −45.4% | −34.7% | −115.3% |
| FCF growth | — | −2.9% | 61.7% | −73.2% | 308.2% | 20.1% | −65.5% | −63.4% | 91.6% | 10.9% |
| Share count change | — | −5.8% | −1.6% | 0.7% | −0.1% | −0.1% | 0.2% | 0.1% | −3.0% | −6.0% |
| Financial health | ||||||||||
| Interest coverage | 722.6x | 502.3x | 203.1x | 205.1x | 623.8x | 1,238.6x | 404.1x | 254.1x | 310.3x | −130.8x |
| Current ratio | 2.7x | 3.2x | 3.3x | 4.1x | 2.9x | 4.3x | 2.2x | 4.3x | 4.2x | 3.9x |
| Quick ratio | 2.0x | 2.4x | 2.8x | 3.6x | 2.5x | 3.7x | 1.8x | 3.0x | 3.0x | 3.1x |
| Capital allocation | ||||||||||
| Capex / revenue | 5.3% | 6.4% | 2.1% | 4.9% | 4.3% | 3.9% | 4.7% | 2.9% | 3.9% | 2.9% |
| Stock comp / revenue | 0.5% | 0.7% | 1.2% | 1.5% | 1.1% | 1.1% | 0.3% | 0.7% | 0.8% | 0.9% |
| Payouts / FCF | 67.3% | 131.3% | 17.6% | 55.7% | 95.2% | 41.2% | 86.7% | 677.2% | 133.3% | 94.2% |
| Quality scores | ||||||||||
| Piotroski F-score | — | 5.0 | 5.0 | 4.0 | 7.0 | 8.0 | 2.0 | 4.0 | 5.0 | 4.0 |
| Altman Z'' | 11.3 | 12.6 | 11.8 | 12.5 | 11.7 | 14.9 | 8.7 | 12.9 | 12.8 | 11.9 |
| Accruals ratio | −5.0% | −15.5% | −22.2% | −5.1% | −15.3% | −4.2% | 2.4% | 3.2% | −6.4% | −16.2% |
Source: SEC EDGAR XBRL filings (CIK 0000095029). 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.