SIREN : 552126922
SPIRAX SARCO is a French company founded 126 years ago, specialized in the sector Fabrication d'autres articles de robinetterie. Based in TRAPPES (78190), this company of category ETI shows in 2024 a revenue of 59.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 59 704 771 € | 61 084 381 € | 63 475 923 € | 58 434 278 € | 53 259 636 € | 60 854 349 € | 59 869 338 € | 60 455 164 € | 59 349 524 € |
| Net income | 4 667 833 € | 6 496 293 € | 6 806 595 € | 6 303 859 € | 5 321 144 € | 6 698 765 € | 6 761 564 € | 7 609 081 € | 5 827 796 € |
| EBITDA | 6 509 172 € | 8 082 185 € | 9 781 892 € | 10 986 847 € | 8 959 381 € | 11 313 664 € | 10 644 104 € | 11 538 720 € | 10 555 458 € |
| Net margin | 7.8% | 10.6% | 10.7% | 10.8% | 10.0% | 11.0% | 11.3% | 12.6% | 9.8% |
In 2024, SPIRAX SARCO achieves revenue of 59.7 M€. Revenue is growing positively over 9 years (CAGR: +0.1%). Slight decline of -2% vs 2023. After deducting consumption (17.4 M€), gross margin stands at 42.3 M€, i.e. a rate of 71%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 6.5 M€, representing 10.9% of revenue. Warning negative scissor effect: despite revenue change (-2%), EBITDA varies by -19%, reducing margin by 2.3 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 4.7 M€, i.e. 7.8% of revenue. This profit can be retained or distributed to shareholders.
59 704 771 €
42 310 854 €
6 509 172 €
7 023 212 €
4 667 833 €
10.9%
The debt ratio (= Financial debt / Equity x 100) stands at 11%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 64%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
10.505%
63.749%
6.781%
0.736
30.7%
In 2024, the debt ratio of SPIRAX SARCO (10.51) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of SPIRAX SARCO (63.8%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of SPIRAX SARCO (0.74) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 263.77. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 0.7x. Danger: operating income does not cover interest charges, unsustainable situation.
263.772
0.707
In 2024, the liquidity ratio of SPIRAX SARCO (263.77) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of SPIRAX SARCO (0.7x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 71 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 47 days. The company must finance 24 days of gap between collections and payments. Inventory turnover is 62 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 137 days of revenue, i.e. 22.8 M€ to permanently finance. Over 2016-2024, WCR increased by +29%, requiring additional financing.
22 777 370 €
71 j
47 j
62 j
137 j
Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 4 182 869€ to 20 219 130€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 37 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare SPIRAX SARCO with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'autres articles de robinetterie
The revenue of SPIRAX SARCO in 2024 is 59.7 M€.
Yes, SPIRAX SARCO generated a net profit of 4.7 M€ in 2024.
The headquarters of SPIRAX SARCO is located in TRAPPES (78190), in the department Yvelines.
The tax return of SPIRAX SARCO is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
SPIRAX SARCO operates in the sector Fabrication d'autres articles de robinetterie (NAF code 28.14Z). See the 'Sector positioning' section above to compare the company with its competitors.