Richardson Electronics, Ltd. (RELL)

Richardson Electronics, Ltd. provides engineered solutions, power grid and microwave tube, and related consumables in North America, the Asia Pacific, Europe, and Latin America. Its Power and Microwave Technologies segment manufactures electron tubes and radio frequency (RF), microwave and power components used in semiconductor manufacturing equipment, RF, and wireless and industrial power applications, as well as various applications, including broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology. This segment also provides thyratrons and rectifiers, power tubes, ignitrons, magnetrons, phototubes, microwave generators, ultracapacitor modules, and liquid crystal display monitors under the Amperex, Cetron, and National brands. The Green Energy Solutions segment operates as a designer, manufacturer, technology partner, and distributor of products for green energy applications, such as wind, solar, hydrogen, and electric vehicles; and other power management applications that support green solutions comprising synthetic diamond manufacturing. Its Canvys segment provides custom display solutions consisting of touch screens, protective panels, custom enclosures, all-in-one computers, specialized cabinet finishes and application-specific software packages, and certification. The company serves energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company was founded in 1947 and is headquartered in LaFox, Illinois.

Symbol
RELL
Exchange
Nasdaq
Sector
Technology
Industry
Electronic Components
Market cap
$240.98M
52 week range
9.37 - 23.15

Valuation

Share price
$18.99 (close of 2026-10-02)
P/E (TTM)
37.64x
Price to book
1.47x
Price to free cash flow
-66.55x
Enterprise value
$210.59M
Book value per share
$12.90

Price performance

PeriodChange
1 day+2.32%
5 days+8.39%
1 month+11.77%
3 months+14.33%
6 months+70.47%
Year to date+74.54%
1 year+99.47%
3 years+75.35%
5 years+100.53%
10 years+180.09%
All time+210.80%

Profitability and growth

Return on equity
3.90%
Return on invested capital
4.03%
Return on assets
3.16%
Return on capital employed
3.90%
Gross margin
31.22%
Net margin
2.79%
EBITDA margin
4.49%
Revenue growth
9.41%
Net income growth
658.44%
Free cash flow growth
-146.78%

Cash flow and balance sheet

Free cash flow yield (TTM)
-1.50%
Current ratio
4.75x
Net debt to EBITDA
-3.23x

Latest reported year

Period end
2026-05-30
Fiscal year
2026
Revenue
$228.56M
Cost of revenue
$157.22M
Gross profit
$71.35M
EBITDA
$10.25M
Net income
$6.38M
Earnings per share
$0.50
Shares outstanding
12.69M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-05-30$228.56M$71.35M$6.38M$0.50
2025-05-31$208.91M$64.80M-$1.14M$-0.09
2024-06-01$196.46M$59.97M$61.00K$0.00
2023-05-27$262.66M$83.69M$22.33M$1.78
2022-05-28$224.62M$71.70M$17.93M$1.52
2021-05-29$176.94M$58.83M$1.66M$0.15
2020-05-30$155.90M$49.67M-$1.84M$-0.17
2019-06-01$166.65M$51.73M-$7.33M$-0.67
2018-06-02$163.21M$55.08M$3.82M$0.00
2017-05-27$136.87M$43.88M-$6.93M$-0.54

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-05-3031.22%2.79%3.90%4.03%
2025-05-3131.02%-0.55%-0.73%-1.69%
2024-06-0130.52%0.03%0.04%0.18%
2023-05-2731.86%8.50%14.02%16.29%
2022-05-2831.92%7.98%13.20%16.22%
2021-05-2933.25%0.94%1.36%2.77%
2020-05-3031.86%-1.18%-1.55%-2.19%
2019-06-0131.04%-4.40%-5.92%-8.68%
2018-06-0233.75%2.34%2.83%2.80%
2017-05-2732.06%-5.06%-5.24%-8.16%

Cash and debt by year

Period endCash
2026-05-30$31.78M
2025-05-31$35.90M
2024-06-01$24.26M
2023-05-27$24.98M
2022-05-28$40.49M
2021-05-29$43.32M
2020-05-30$46.53M
2019-06-01$50.02M
2018-06-02$60.47M
2017-05-27$61.76M

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-05-30-$3.62M$1.62M
2025-05-31$7.74M$1.54M
2024-06-01$2.48M$1.33M
2023-05-27-$15.58M$936.00K
2022-05-28-$1.21M$654.00K
2021-05-29-$1.80M$675.00K
2020-05-30$147.00K$683.00K
2019-06-01-$6.44M$697.00K
2018-06-02-$2.29M$533.00K
2017-05-27-$3.41M$437.00K

Dividend history

Most recent payment
2026-08-07
Paid in the last twelve months
$0.24
Payment dateDividend per share
2026-08-07$0.06
2026-05-08$0.06
2026-02-06$0.06
2025-11-07$0.06
2025-08-08$0.06
2025-05-09$0.06
2025-02-07$0.06
2024-11-08$0.06

Investor relations

Next earnings report

Next confirmed report
2026-10-07
Consensus EPS estimate
$0.09

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-22May/2026$0.07
2026-04-08Feb/2026$0.05
2026-01-07Nov/2025$-0.01
2025-10-08Aug/2025$0.02
2025-07-23May/2025$0.05
2025-04-09Feb/2025$0.08
2025-01-07Nov/2024$-0.02
2024-10-09Aug/2024$-0.01

Filings and sources

Company website
rell.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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