CompX International

What CompX International does

CompX International is a U.S.-based diversified manufacturer of engineered mechanical and electronic locking components, organized into two operating segments: Security Products and Marine Components. The Security Products segment designs, manufactures, and assembles a broad portfolio of cabinet locks (disc tumbler, pin tumbler, and tubular keyway), keyless and electronic access control systems (CompX eLock 150/300 series, RegulatoR, StealthLock, Pearl), and non-locking products such as anti-tip drawer interlock systems and file-hanging frames — sold under four legacy brands (CompX National, Fort, Timberline, Chicago) and the STOCK LOCKS distribution program. Customers span office and institutional furniture OEMs, government and defense security buyers, healthcare facilities, vending machine manufacturers, RV/transportation manufacturers, and residential/consumer product OEMs.

The company's technology stack is anchored in proprietary cam, deadbolt, and tubular locking mechanisms; patented SlamCAM self-locking technology (US Patent 9,605,455); BHMA Certified Grade 2 product certification; ANSI/BIFMA-compliant anti-tip interlock systems; and a network-ready electronic access control platform supporting 125kHz/13.56MHz credentials, 3,000 users, 15,000-event audit trails, and LockView 5Pro management software. The LockView reference points to a software-defined control layer on top of the hardware, though the company does not describe any AI/ML or predictive analytics capability within it.

CompX generates revenue via one-time hardware sales across custom (over 80% of manufacturing is engineered to customer specification) and standard catalog SKUs, distributed through a direct North American field sales force and the STOCK LOCKS distribution program (1,600+ stocking products). FY2025 net sales were $158.3M (+8.5% YoY), with operating income of $22.6M and net income of $19.5M. The company is headquartered in Dallas, Texas, operates three U.S. manufacturing facilities (Mauldin SC, Grayslake IL, California), employs ~549 people, and trades on NYSE American under ticker CIX, paying a $0.30 quarterly dividend ($1.20 annualized, ~5.2% yield).

Name

CompX International

Legal name

CompX International, Inc.

Website

https://compx.com

Company type

Public

Founded year

1903

Operating status

Operating

Headcount range

501–1,000 employees

Short description

CompX International is a U.S. manufacturer of mechanical and electronic cabinet locks, keyless access control systems, anti-tip drawer interlocks, and marine components, serving OEM customers across office furniture, government/defense, healthcare, vending, transportation, and residential end markets under the CompX National, Fort, Timberline, and Chicago brands plus the STOCK LOCKS distribution program.

Ownership category

akta.pro rank

Product category

Security Hardware Manufacturing

NAICS

Other General Purpose Machinery Manufacturing (3339)

SIC

Cutlery, Handtools & General Hardware (3420), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Lock, Latch & Handle Hardware Repair/Replacement (Non-locksmith) (HSAGAEAF)

Keywords

• Cabinet lock manufacturing
• Electronic access control
• Mechanical security hardware
• Marine components
• Keyless locking systems

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Security Products Segment Revenue: Revenue from manufacturing and selling mechanical and electronic cabinet locks, locking mechanisms, ignition switches, and file frame systems for industrial, commercial, residential, and government security applications
2. Marine Components Segment Revenue: Revenue from manufacturing recreational marine components and hardware
3. Custom/ Made-to-Order Products: Over 80% of CompX manufacturing is custom made-to-order products developed in collaboration with customers from initial product design through manufacturing

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

CompX International manufactures mechanical and electronic cabinet locking systems, including cam locks, deadbolt locks, drawer locks, file cabinet locks, keyless combination locks, and electronic access control systems, sold primarily to OEMs in office furniture, healthcare, government/defense, vending, and recreational vehicle markets. Over 80% of production is custom-made-to-order, with the company operating three domestic U.S. manufacturing facilities and selling through direct field sales representatives plus the STOCK LOCKS distribution program. The company also operates a Marine Components segment producing recreational marine hardware.

Product overview

CompX International operates as a manufacturer of security products and recreational marine components through two segments: Security Products and Marine Components. The company manufactures cabinet locks and security hardware, with facilities in South Carolina, Illinois, and California. The Security Products segment offers mechanical cabinet locks (including cam locks, deadbolt locks, drawer locks under CompX National, Fort, Timberline, and Chicago brands), electronic keyless locking systems (CompX eLock 150/300 series, RegulatoR, RegulatoR AT, StealthLock, and Pearl), and non-locking products (anti-tip systems, file frames, door latches). The Marine Components segment produces recreational marine hardware. Key product lines include Ace II, GEM, DualAxess, SlamCam/Slamstrike, and the STOCK LOCKS distribution program with 1,600+ stocking products. The company employs approximately 549 people and trades on NYSE American under ticker CIX.

Differentiator

Problem solved

Functional benefit

Brands

• CompX National: Broad line of pin tumbler and disc tumbler locks providing security for cabinet locks for virtually every application since 1903.
• CompX Fort
• CompX Timberline
• CompX Chicago
• eLock
• RegulatoR
• StealthLock
• Pearl
• STOCK LOCKS

Products and services

• Mechanical Cabinet Locks

Quantifiable outcome

• Revenue increased 8.5% year-over-year to $158.3 million in FY 2025
• +3 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• ASSA ABLOY: Global leader in access solutions and locks (Medeco, Yale, Sargent, Corbin Russwin). Competes broadly in commercial and institutional lock markets but is substantially larger and more diversified globally than CompX.
• dormakaba: Swiss-listed access solutions provider offering electronic access control, mechanical locks, and door hardware. Comparable as a commercial lock and electronic access player serving institutional and OEM customers, but with much broader product range and global footprint.
• Master Lock: Iconic consumer and commercial lock brand (owned by Fortune Brands Innovations) producing padlocks, deadbolts, and security storage. Overlaps with CompX in cabinet and specialty lock categories, though Master Lock is far more consumer-focused and brand-driven.

Emerging players

• TriMark: Designer and manufacturer of latches, locks, and access hardware for heavy-duty trucks, RVs, off-road vehicles, and specialty vehicles. Comparable to CompX Fort in serving transportation and recreational vehicle OEMs with custom access solutions.
• Hudson Lock: Specialty lock distributor and supplier of cabinet locks, cam locks, and replacement cylinders. Comparable to the CompX STOCK LOCKS distribution business in serving the aftermarket and small OEM channel.

Direct peers

• Allegion: Public global pure-play security products company (Schlage, Von Duprin, LCN) focused on commercial locks, access control, and door hardware. Directly comparable as a commercial lock and cabinet/drawer hardware manufacturer serving overlapping OEM and institutional end markets.
• Medeco: High-security lock manufacturer (owned by ASSA ABLOY) producing pin tumbler and electronic locks for institutional, government, and commercial customers. Direct competitor in CompX National's high-security vertical.
• Southco: Manufacturer of engineered access hardware including latches, locks, and hinges for OEM applications in industrial, transportation, and medical markets. Closely comparable to CompX Fort and Timberline in serving OEMs with custom mechanical and electronic access solutions.
• The Eastern Company: Public manufacturer of engineered access hardware, locks, and latches serving industrial, transportation, and military markets. Closely comparable business model to CompX as a small-cap public lock and hardware OEM.

Regional players

• Knape & Vogt (KV): Manufacturer of functional hardware including drawer slides, organizational products, and storage solutions. Comparable as a B2B supplier to office furniture and cabinet OEMs, with overlapping customer base in the furniture and institutional channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/compx-security-products

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CompX International