Private company

SERVOTRONICS INC /DE/

American cutlery company based in Elma2

In its 2025 annual report the company says: “We design and manufacture high-performance servo-control valves, including torque motors, hydraulic, and pneumatic valves. Our products are sold to commercial aerospace, government, medical, and industrial markets.”4

Last updated Oct 20, 2026.

Overview

  • IndustryCutlery, Handtools & General Hardware2
  • HeadquartersElma, United States2
  • Incorporated inDE3
  • Business address1110 Maple St, Elma, Ny 140593
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEI549300G2MISHW24LEA032
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O The Corporation Trust Company, 19801 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 7849242

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We design and manufacture high-performance servo-control valves, including torque motors, hydraulic, and pneumatic valves ("servo-control business"). Our products are sold to commercial aerospace, government, medical, and industrial markets.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

18.4%Gross margin5
-2.2%Operating margin5
-3.6%Net margin5
270.3%Revenue growth, 20245
-6.9%Return on equity5

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue80¢$36.7M
  • Selling, general and admin20¢$9.3M
  • Income tax0¢$7.0K

Out of $44.9M in revenue.5 The company lost money this year.

Financial statements

Revenue6789105$44.9M in 2024−6% since 2018
0$20.0M$40.0M$60.0M2018: $47.9M$47.9M20182019: $55.3M$55.3M2019+15%2020: $49.8M$49.8M2020−10%2021: $40.6M$40.6M2021−19%2022: $10.5M$10.5M2022−74%2023: $12.1M$12.1M2023+15%2024: $44.9M$44.9M2024+270%
Gross profit6789105$8.3M in 2024−32% since 2018
0$5.0M$10.0M$15.0M2018: $12.1M$12.1M20182019: $12.1M$12.1M2019+0%2020: $8.2M$8.2M2020−32%2021: $6.0M$6.0M2021−27%2022: $5.6M$5.6M2022−7%2023: $7.8M$7.8M2023+40%2024: $8.3M$8.3M2024+6%
Operating income89105-$1.0M in 2024
-$6.0M-$4.0M-$2.0M0$2.0M2020: $242.0K$242.0K20202021: -$5.3M-$5.3M20212022: -$2.5M-$2.5M2022−53%2023: -$2.1M-$2.1M2023−15%2024: -$1.0M-$1.0M2024−52%
Net income6789105-$1.6M in 2024
-$15.0M-$10.0M-$5.0M0$5.0M2018: $3.5M$3.5M20182019: $2.4M$2.4M2019−30%2020: $100.0K$100.0K2020−96%2021: $4.1M$4.1M2021+3955%2022: -$2.1M-$2.1M20222023: -$10.8M-$10.8M2023+410%2024: -$1.6M-$1.6M2024−85%
Fiscal year2018201920202021202220232024
Revenue$47.9M6$55.3M7$49.8M8$40.6M9$10.5M10$12.1M10$44.9M5
Cost of revenue$35.8M5$36.7M5
Gross profit$12.1M6$12.1M7$8.2M8$6.0M9$5.6M10$7.8M5$8.3M5
Selling, general and admin$7.7M6$8.9M7$8.0M8$9.4M9$8.1M10$9.9M5$9.3M5
Operating expenses$11.3M8
Operating income$242.0K8-$5.3M9-$2.5M10-$2.1M5-$1.0M5
Interest$107.0K6$125.0K7$180.0K8$187.0K9$203.0K10$336.0K10
Income before tax$4.0M9-$2.7M10-$2.4M5-$1.5M5
Income tax$737.0K6$671.0K7-$38.0K8-$43.0K9-$565.0K10$1.1M5$7.0K5
Net income$3.5M6$2.4M7$100.0K8$4.1M9-$2.1M10-$10.8M5-$1.6M5
Earnings per share$1.546$1.057$0.048$1.689-$0.8810-$4.375-$0.645
Earnings per share (diluted)$1.496$1.037$0.048$1.689-$0.8810-$4.3710
Shares (weighted, basic)2.4M shares92.4M shares102.5M shares52.5M shares5
Shares (weighted, diluted)2.4M shares92.4M shares102.5M shares52.5M shares5

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Corporate structure

SERVOTRONICS INC /DE/ sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of SERVOTRONICS INC /DE/

  • Star Equity Fund, LP Filed SCHEDULE 13D/A on SERVOTRONICS INC /DE/, latest Jul 2, 2025 (7 filings since Nov 14, 2022)
  • Beaver Hollow Wellness, LLC Filed SCHEDULE 13D/A on SERVOTRONICS INC /DE/, latest Jun 3, 2025 (11 filings since Dec 15, 2022)
  • SERVOTRONICS INC EMPL STK OWNERSHIP TRUST Filed SC 13G/A on SERVOTRONICS INC /DE/, latest Feb 13, 2024 (3 filings since Feb 14, 2022)
  • FMR LLC Filed SC 13G/A on SERVOTRONICS INC /DE/, latest Feb 9, 2024 (3 filings since Feb 9, 2022)
  • Of Nicholas D. Trbovich Estate Sr. Filed SC 13D/A on SERVOTRONICS INC /DE/, latest Apr 28, 2023 (2 filings since Dec 12, 2022)
  • Brent D. Baird Filed SC 13D/A on SERVOTRONICS INC /DE/, latest Feb 16, 2023 (6 filings since Dec 20, 2021)
  • Kenneth D. Trbovich Filed SC 13D/A on SERVOTRONICS INC /DE/, latest Dec 12, 2022 (2 filings since Aug 3, 2022)
  • Michael Trbovich Filed SC 13D on SERVOTRONICS INC /DE/, latest Dec 12, 2022 (2 filings since Aug 4, 2022)
  • Wax Asset Management, LLC Filed SC 13D/A on SERVOTRONICS INC /DE/, latest Nov 22, 2022 (3 filings since Jan 31, 2022)
  • SERVOTRONICS INC /DE/ Elma, New York, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What SERVOTRONICS INC /DE/ reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Construction in progress$216.0K5 Dec 31, 2024$106.0K5 Dec 31, 2023+103.8%
Property and equipment, before depreciation$24.1M10 Dec 31, 2023$23.4M10 Dec 31, 2022+3.0%
Accumulated depreciation$17.1M10 Dec 31, 2023$16.0M10 Dec 31, 2022+6.7%
Property and equipment, net$7.0M10 Dec 31, 2023$7.4M10 Dec 31, 2022−5.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$111.0K5 Dec 31, 2024$95.0K5 Dec 31, 2023+16.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$15.8M5 Dec 31, 2024$14.2M5 Dec 31, 2023+11.5%
Work in process$7.1M5 Dec 31, 2024$6.5M5 Dec 31, 2023+9.4%
Finished goods$1.5M5 Dec 31, 2024$531.0K5 Dec 31, 2023+176.5%

Properties, in its own words

Our corporate headquarters is in Elma, New York, in a facility we own encompassing approximately 83,000 square feet used for manufacturing activities as well as office space for our sales, marketing, engineering, and administrative personnel. The Company also owns a building in Franklinville, New York, of approximately 92,000 square feet, and used primarily by the CPG business segment prior to its divestiture in 2023. This building was listed for sale with a commercial broker in 2024. See also Note 2, Discontinued Operation and Assets and Liabilities Related to Discontinued Operation, for further information. Approximately 10% of the Franklinville facility's square footage continues to be used for manufacturing of our servo-control business.

We believe that our properties are in good condition, are well maintained, and are suitable and adequate to carry on our ongoing, servo-control business.

Item 2 of the 10-K filed Mar 17, 2025.4

Leadership

Who has led SERVOTRONICS INC /DE/, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Kenneth D. Trbovich2018–2021
  2. William F. Farrell Jr.2022–now

President

  1. Nicholas Trbovich Jr.2011–2012
  2. Kenneth D. Trbovich2012–2021

Chief financial officer

  1. Cari L. Jaroslawsky2006–2016
  2. Lisa F. Bencel2017–2021
  3. Robert Fraass2023–now

Chief operating officer

  1. Nicholas Trbovich Jr.2008–2012
  2. James C. Takacs2018–2021
  3. Harrison Kelly2024–now
2010201520202025
Board members and other officers (17)

Timeline

  1. Jul 1, 20258-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer38
  2. Jun 6, 20258-K Shareholder vote39
  3. May 29, 20258-K Entered a material agreement; Regulation FD disclosure40
  4. May 19, 20258-K Entered a material agreement; Regulation FD disclosure; Other events41
  5. Mar 17, 20258-K Results of operations; Other events42
  6. Sep 20, 20248-K Executive or director change43
  7. May 15, 20248-K Shareholder vote44
  8. Feb 1, 20248-K Executive or director change; Regulation FD disclosure45
  9. Aug 3, 20238-K Completed an acquisition or sale; Exit or restructuring costs; Impairment46
  10. Jul 13, 20238-K Entered a material agreement; Exit or restructuring costs; Impairment47
  11. Jul 13, 20238-K Executive or director change48
  12. Jun 30, 20238-K Entered a material agreement; Ended a material agreement; New debt or obligation49
  13. Apr 29, 2022New chief executive William F. Farrell Jr. becomes CEO13
  14. Jan 3, 2018New chief executive Kenneth D. Trbovich becomes CEO14
  15. Sep 8, 1972Founded SERVOTRONICS INC /DE/ is founded2

Calendar

When it reported results

  1. Mar 17, 2025Reported quarterly or annual results42

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

251 filings to the SEC since October 2021: 6 annual reports, 11 quarterly reports, 26 major events, 75 insider forms, 39 large holders, 94 other. The latest 20:

  1. Jul 11, 202515-12G EDGAR
  2. Jul 10, 2025S-8 POS EDGAR
  3. Jul 10, 2025S-8 POS EDGAR
  4. Jul 10, 2025S-8 POS EDGAR
  5. Jul 2, 2025SCHEDULE 13D/A EDGAR
  6. Jul 1, 20258-K EDGAR
  7. Jul 1, 2025SC 14D9/A EDGAR
  8. Jul 1, 202525-NSE EDGAR
  9. Jul 1, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  10. Jul 1, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  11. Jul 1, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  12. Jul 1, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  13. Jul 1, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  14. Jul 1, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  15. Jul 1, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  16. Jun 16, 2025SC 14D9/A EDGAR
  17. Jun 6, 20258-K EDGAR
  18. Jun 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  19. Jun 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  20. Jun 4, 20254 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES EDGAR

The 251 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

18 open-market trades by officers, directors and large owners since October 2021: 6 buys and 12 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 29, 2024Takacs James CChief Technical OfficerSale3,500$12.55$43.9KForm 4
Aug 19, 2024Takacs James CChief Technical OfficerSale1,500$11.88$17.8KForm 4
Aug 12, 2024Takacs James CChief Technical OfficerSale3,500$11.45$40.1KForm 4
Apr 8, 2024Beaver Hollow Wellness, LLC10% ownerSale7,500$12.25$91.9KForm 4
Apr 5, 2024Beaver Hollow Wellness, LLC10% ownerSale600$12.33$7.4KForm 4
Mar 26, 2024Beaver Hollow Wellness, LLC10% ownerSale1,250$12.62$15.8KForm 4
Mar 25, 2024Beaver Hollow Wellness, LLC10% ownerSale11,638$12.50$145.5KForm 4
Mar 22, 2024Beaver Hollow Wellness, LLC10% ownerSale12,362$12.54$155.0KForm 4
Apr 26, 2023Trbovich Kenneth D10% ownerSale77,978$11.20$873.4KForm 4
Apr 20, 2023Estate of Nicholas D. Trbovich, Sr.10% ownerSale44,643$11.20$500.0KForm 4
Apr 19, 2023Estate of Nicholas D. Trbovich, Sr.10% ownerSale44,643$11.20$500.0KForm 4
Jan 18, 2023BAIRD BRENT DDirectorBuy5,000$11.48$57.4KForm 4
Jan 17, 2023BAIRD BRENT DDirectorBuy6,661$11.00$73.3KForm 4
Dec 8, 2022Wax Evan HDirectorBuy643$11.10$7.1KForm 4
Dec 7, 2022Wax Evan HDirectorBuy1,254$11.10$13.9KForm 4
Dec 6, 2022Estate of Nicholas D. Trbovich, Sr.10% ownerSale294,643$11.20$3.3MForm 4
Nov 17, 2022Wax Evan HDirectorBuy1,100$11.06$12.2KForm 4
May 20, 2022Wax Evan HDirectorBuy2,432$10.88$26.5KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How SERVOTRONICS INC /DE/ is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSERVOTRONICS INC /DE/1
  • CIK0000089140
  • Employer ID (EIN)16-08378664
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Industry code (SIC)3420 Cutlery, Handtools & General Hardware1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address1110 Maple St, Elma, NY 140591
  • Mailing addressP O Box 300, Elma, NY 14059-03001
  • Phone71663359901
  • Shares outstanding2,556,502 as of Apr 17, 202512
  • Public float$26.6M as of Jun 30, 20244
  • AuditorFreed Maxick P.C., Buffalo, New York PCAOB ID 317; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceMay 12, 19951
  • Filings738 in all: 4 (164), 8-K (159), 10-Q (54), 10QSB (37), SC 13G/A (34), DEF 14A (29), DFAN14A (28), 3 (19)1
    All 51 form types

    10-K (17), SC 13D/A (16), DEFA14A (15), UPLOAD (15), 10KSB/A (12), SD (12), SCHEDULE 13D/A (11), 5 (10), CORRESP (8), SC 13D (8), 10-K/A (7), 10KSB (7), 144 (7), ARS (7), 10KSB40 (5), PREC14A (5), SC 13G (5), DEFC14A (4), 3/A (3), 8-K/A (3), S-8 (3), S-8 POS (3), 144/A (2), 25-NSE (2), 4/A (2), 8-A12B (2), PRE 14A (2), PRER14A (2), PRRN14A (2), SC 14D9/A (2), SC TO-T/A (2), SC14D9C (2), 10-K405 (1), 10KSB40/A (1), 10QSB/A (1), 15-12G (1), NO ACT (1), NT 10-K (1), NT 10-Q (1), NT 10-Q/A (1), SC 14D9 (1), SC TO-C (1), SC TO-T (1)

  • Latest filingsAnnual report (10-K) Mar 17, 2025
    Quarterly report (10-Q) May 9, 2025
    Proxy statement (DEF 14A) Apr 11, 2024
    Latest 8-K (8-K) Jul 1, 2025

Securities registered for trading

ClassSymbolExchange
Common StockSVTNYSE

From the cover page of the 10-K filed Mar 17, 2025 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

Legal proceedings

See Note 9, Commitments and Contingencies, for information on legal proceedings. There are no other legal proceedings currently pending by or against us other than ordinary routine litigation incidental to the business which is not expected to have a material adverse effect on the business or earnings of the Company that are not disclosed.

The opening of Item 3, Legal Proceedings.4

Sources

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