SequelSEC

CTS CORP CTS

Printed Circuit Boards · CIK 0000026058 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$149.58M
Fiscal year ended 2026-09-30
Operating income
$25.54M
Fiscal year ended 2026-09-30
Free cash flow
Unavailable
Fiscal year ended 2026-09-30

Valuation, from the filing

Public float$1.24BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$43.27Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income19.0×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue2.3×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity2.3×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

19.0× earnings today, against a median of 22.1× across 9 years on record. Below its own history.

Float measuredPublic floatFloat / net income
2025-06-30$1.24B19.0×
2024-06-28$1.56B28.2×
2023-06-30$1.34B22.1×
2022-06-30$1.07B18.0×
2020-06-30$637.00M18.4×
2019-06-30$890.00M24.6×
2018-06-30$1.18B25.3×
2017-06-30$706.12M48.9×
2016-06-30$584.00M17.0×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Printed Circuit Boards filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Gross margin38.4%100th
Net margin12.1%100th
Operating margin15.3%100th
R&D / revenue4.7%83th
Current ratio2.30x80th
Effective tax rate22.0%50th
Revenue YoY growth5.2%50th

CTS CORP (CTS) reported revenue of $149.58M and net income of $17.76M for the fiscal year ended 2026-09-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from CTS CORP’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Printed Circuit Boards.

Income

CTS CORP income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-302026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Revenue$149.58M$144.78M$139.23M$137.27M$142.97M$135.31M$125.77MUnavailableUnavailable$130.16M
Cost of revenue$86.43M$84.73M$84.24M$83.56M$87.63M$82.88M$79.22MUnavailableUnavailable$83.79M
Gross profit$63.15M$60.05M$54.99M$53.71M$55.34M$52.43M$46.55MUnavailableUnavailable$46.37M
Operating income$25.54M$26.80M$21.98M$22.69M$20.94M$22.73M$16.28MUnavailableUnavailable$17.76M
Net income$17.76M$19.16M$17.20M$19.74M$13.69M$18.53M$13.37MUnavailableUnavailable$14.71M
Research & development$6.33M$4.76M$6.63M$5.85M$6.90M$6.33M$6.19MUnavailableUnavailable$6.09M
Weighted-average diluted sharesshares 28.92Mshares 28.91Mshares 29.00MUnavailableshares 29.63Mshares 29.99Mshares 30.33MUnavailableUnavailableshares 30.73M
Pretax income$38.22M$26.24M$21.67M$24.95M$19.72M$22.98M$16.12MUnavailableUnavailable$17.77M
Income tax expense$20.47M$7.07M$4.48M$5.21M$6.03M$4.46M$2.76MUnavailableUnavailable$3.06M
Diluted EPS$0.61$0.66$0.59Unavailable$0.46$0.62$0.44UnavailableUnavailable$0.48
Selling, general & administrative$30.81M$28.39M$25.98M$24.80M$27.22M$23.08M$23.62MUnavailableUnavailable$21.33M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

CTS CORP balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-302026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash & equivalents$143.88M$107.54M$90.85M$82.30M$110.30M$99.44M$90.29MUnavailableUnavailable$161.25M
Total assets$822.09M$791.53M$777.16M$764.31M$790.37M$784.73M$765.53MUnavailableUnavailable$725.62M
Current assets$328.95M$286.38M$266.02M$252.71M$276.18M$261.75M$243.54MUnavailableUnavailable$314.86M
Total liabilities$235.37M$218.72M$219.68M$212.52M$242.72M$234.57M$227.29MUnavailableUnavailable$202.87M
Current liabilities$126.84M$109.78M$105.41M$109.69M$104.77M$100.47M$92.43MUnavailableUnavailable$92.45M
Total equity incl. NCI$586.72M$572.82M$557.48M$551.79M$547.65M$550.16M$538.24MUnavailableUnavailable$522.75M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$62.36M$59.59M$57.27M$52.85M$54.25M$57.10M$53.88MUnavailableUnavailable$51.67M
Accounts receivable$93.01M$92.16M$93.77M$88.10M$85.87M$85.58M$81.44MUnavailableUnavailable$85.38M
Goodwill$207.40M$208.06M$208.66M$209.61M$207.25M$207.55M$203.36MUnavailableUnavailable$156.06M
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$50.58M$49.96M$50.33M$48.22M$48.07M$47.26M$43.18MUnavailableUnavailable$40.86M

Cash flow

CTS CORP cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-302026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Operating cash flow$43.52M$33.44M$17.30M$29.21M$29.02M$28.35M$15.52MUnavailableUnavailable$19.63M
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow-$2.39M-$4.58M-$2.11M-$5.97M-$4.80M-$3.28M-$4.46MUnavailableUnavailable-$4.64M
Financing cash flow-$4.47M-$12.26M-$6.44M-$51.03M-$15.05M-$16.45M-$15.90MUnavailableUnavailable-$15.75M
Net change in cash$36.34M$16.68M$8.56M-$28.00M$10.86M$9.15M-$4.05MUnavailableUnavailable-$1.18M
Stock-based compensationUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common dividends paid$1.14M$1.14M$1.15M$1.17M$1.18M$1.20M$1.20MUnavailableUnavailable$1.23M
Common share repurchases$3.26M$3.41M$8.56M$16.63M$16.55M$16.53M$6.46MUnavailableUnavailable$10.93M
Depreciation & amortization$8.74M$8.78M$8.81M$8.66M$8.84M$8.55M$8.49MUnavailableUnavailable$7.33M

Derived

CTS CORP derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-09-302026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross margin42.2%41.5%39.5%39.1%38.7%38.7%37.0%UnavailableUnavailable35.6%
Operating margin17.1%18.5%15.8%16.5%14.6%16.8%12.9%UnavailableUnavailable13.6%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratio2.59x2.61x2.52x2.30x2.64x2.61x2.63xUnavailableUnavailable3.41x
Revenue YoY growth4.6%7.0%10.7%UnavailableUnavailable4.0%0.0%UnavailableUnavailable-10.3%
Net margin11.9%UnavailableUnavailable14.4%9.6%UnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenue4.2%3.3%4.8%4.3%4.8%4.7%4.9%UnavailableUnavailable4.7%
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate53.5%27.0%20.7%20.9%30.6%19.4%17.1%UnavailableUnavailable17.2%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open CTS in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-27View SEC filing
10-Q · Filed 2026-07-28View SEC filing
10-Q · Filed 2026-04-29View SEC filing
10-K · Filed 2026-02-24View SEC filing
10-Q · Filed 2025-10-28View SEC filing
10-Q · Filed 2025-07-24View SEC filing

Companies in the same industry

BHE CLS FLEX JBL KE KTCC NNDM PLXS SANM TTMI

Reconciliation checks needing review

4 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

gross profit bridgeinconsistent2024-12-31

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.

balance equationinconsistent2024-12-31

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.

balance equationinconsistent2024-09-30

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2024-09-30

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.