CTS
CTS Corporation
NYSE: CTS · TECHNOLOGY · ELECTRONIC COMPONENTS
$54.43
+0.29% today
Updated 2026-04-29
Market cap
$1.56B
P/E ratio
24.85
P/S ratio
2.88x
EPS (TTM)
$2.19
Dividend yield
—
52W range
$36 – $60
Volume
0.2M
CTS Corporation (CTS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $655.61M | $685.95M | $691.71M | $498.98M | $552.64M | $588.51M | $576.92M | $409.46M | $404.02M | $382.31M | $396.80M | $423.48M | $470.10M | $469.00M | $424.19M | $512.92M | $586.87M | $550.42M | $515.54M | $541.32M |
| Revenue growth (YoY) | — | +4.6% | +0.8% | -27.9% | +10.8% | +6.5% | -2.0% | -29.0% | -1.3% | -5.4% | +3.8% | +6.7% | +11.0% | -0.2% | -9.6% | +20.9% | +14.4% | -6.2% | -6.3% | +5.0% |
| Cost of revenue | $534.78M | $553.05M | $554.33M | $400.14M | $432.73M | $478.66M | $475.54M | $288.11M | $272.12M | $254.57M | $256.36M | $282.06M | $301.47M | $312.28M | $284.25M | $329.69M | $377.25M | $359.56M | $327.33M | $333.29M |
| Gross profit | $120.83M | $132.89M | $137.37M | $98.84M | $119.91M | $109.85M | $101.38M | $121.35M | $131.90M | $127.74M | $140.44M | $141.42M | $168.63M | $156.72M | $139.94M | $183.24M | $209.61M | $190.86M | $188.21M | $208.03M |
| Gross margin | 18.4% | 19.4% | 19.9% | 19.8% | 21.7% | 18.7% | 17.6% | 29.6% | 32.6% | 33.4% | 35.4% | 33.4% | 35.9% | 33.4% | 33.0% | 35.7% | 35.7% | 34.7% | 36.5% | 38.4% |
| R&D | $15.87M | $15.90M | $18.31M | $14.15M | $18.31M | $19.99M | $20.92M | $23.22M | $22.56M | $22.46M | $24.04M | $25.15M | $25.30M | $25.97M | $24.32M | $23.86M | $24.10M | $24.92M | $23.39M | $25.27M |
| SG&A | $70.91M | $82.08M | $82.59M | $67.12M | $72.31M | $71.89M | $80.39M | $69.99M | $59.14M | $57.43M | $61.62M | $71.94M | $73.57M | $70.41M | $67.79M | $82.60M | $91.52M | $87.83M | $88.28M | $98.72M |
| Operating income | $31.90M | $34.92M | $36.48M | $17.57M | $29.29M | $17.97M | $4.08M | $28.14M | $50.20M | $31.15M | $55.58M | $44.37M | $69.87M | $60.25M | $47.85M | $76.78M | $93.99M | $75.05M | $76.53M | $84.04M |
| Operating margin | 4.9% | 5.1% | 5.3% | 3.5% | 5.3% | 3.1% | 0.7% | 6.9% | 12.4% | 8.1% | 14.0% | 10.5% | 14.9% | 12.8% | 11.3% | 15.0% | 16.0% | 13.6% | 14.8% | 15.5% |
| EBITDA | $59.22M | $58.39M | $57.29M | $995000.00 | $46.66M | $46.00M | $49.12M | $38.30M | $59.13M | $31.91M | $80.87M | $64.31M | $83.12M | $78.02M | $74.99M | $-32.58M | $113.22M | $75.05M | $108.17M | $122.58M |
| EBITDA margin | 9.0% | 8.5% | 8.3% | 0.2% | 8.4% | 7.8% | 8.5% | 9.4% | 14.6% | 8.3% | 20.4% | 15.2% | 17.7% | 16.6% | 17.7% | -6.4% | 19.3% | 13.6% | 21.0% | 22.6% |
| EBIT | $34.32M | $35.58M | $33.11M | $-18.54M | $29.10M | $28.46M | $29.51M | $21.00M | $42.16M | $15.66M | $61.88M | $43.63M | $60.61M | $53.41M | $48.32M | $-59.51M | $83.47M | $75.05M | $77.25M | $88.08M |
| Interest expense | $0.00 | $3.10M | $3.81M | $1.72M | $689000.00 | $862000.00 | $2.57M | $3.26M | $2.33M | $2.63M | $3.70M | $3.34M | $2.08M | $2.65M | $3.27M | $2.11M | $2.19M | $3.33M | $4.24M | $4.31M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $24.20M | $25.41M | $29.89M | $-34.05M | $22.04M | $20.97M | $20.33M | $1.22M | $26.52M | $6.95M | $34.38M | $14.45M | $46.53M | $36.15M | $34.69M | $-41.87M | $59.58M | $60.53M | $58.11M | $65.32M |
| Net income growth (YoY) | — | +5.0% | +17.6% | -213.9% | +164.7% | -4.9% | -3.0% | -94.0% | +2075.7% | -73.8% | +394.4% | -58.0% | +222.1% | -22.3% | -4.0% | -220.7% | +242.3% | +1.6% | -4.0% | +12.4% |
| Profit margin | 3.7% | 3.7% | 4.3% | -6.8% | 4.0% | 3.6% | 3.5% | 0.3% | 6.6% | 1.8% | 8.7% | 3.4% | 9.9% | 7.7% | 8.2% | -8.2% | 10.2% | 11.0% | 11.3% | 12.1% |