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Stock research / United States / CTS · Printed Circuit Boards · NYSE

CTS Corp. (CTS)

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CTS Corp. (CTS) reported revenue of $145 million for Q2 FY2026, the quarter ended 30 June 2026, up 7.0% on the same quarter a year earlier. Net income was $19 million, up 3.4% on the year, and diluted earnings per share $0.66. The figures are the company's own, from the 10-Q it filed with the SEC on 28 July 2026.

Revenue$145 millionup 7.0%
Net income$19 millionup 3.4%
Diluted EPS$0.66
QuarterQ2 FY2026ended 30 June 2026

CTS (CTS) in brief

CTS (CTS) reported revenue of $541 million for fiscal 2025, the year ended 31 December 2025, up 5.0% on the year before.
Read moreNet income was $65 million and diluted earnings per share $2.19. Revenue was $516 million in fiscal 2024, $550 million in fiscal 2023, $587 million in fiscal 2022 and $513 million in fiscal 2021. Net income in the same years was $55 million, $61 million, $60 million and a loss of $42 million. Over the twelve months to 30 June 2026, CTS reported revenue of $564 million. Revenue grew 5.0% a year, compounded, over the five years to fiscal 2025. CTS declared $0.16 a share in dividends over the last four quarters and had 29 million shares outstanding at the latest filed count. At 30 June 2026 it carried $55 million of debt and $108 million of cash. At the close of 9 October 2026 the market cap of CTS was $1.6 billion.

Ratios

From the filings

ROEn/a
ROCEn/a
Operating marginn/a
Net marginn/a
FCF margin16.2%
Interest covern/a
Debt to equity0.10
Cash conversionn/a
Share count, 1 year-3.3%
Sales CAGR, 3 years-2.7%
Profit CAGR, 3 years3.1%
EPS, TTMn/a

At the close of 9 October 2026

Price$57.21
Market cap$1.6 billion
Stock P/En/a
Price to book2.85
EV / EBITDAn/a
Dividend yield0.3%
Market cap / sales2.90
52-week high$68.31
52-week low$36.47
Price, 1 year49.3%
Price CAGR, 3 years10.9%
Price CAGR, 5 years12.4%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of CTS Corp.'s balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
CTSgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on CTS

Filings20 in twelve months: 13 current reports (8-K), about 9 regulation FD disclosure; 4 results of operations; 3 officer or director change; 1 shareholder vote; 1 material agreement
Planned insider sales3 Form 144 notices in twelve months, $10.2 million; latest 1 June 2026
Options tapeput/call 0.01 by open interest at the 9 October 2026 close; the straddle prices a 13.3% move to 16 October 2026
13F holders8 of the followed funds hold it; largest Geode Capital Management; 7 Schedule 13D or 13G filings in twelve months
Insider trading4 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest1.1 million shares short, 4.12 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024 †Q4 FY2024 * †Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue135125126130132127126135143137139145
Cost of revenue88.282.680.783.883.279.579.282.987.683.684.284.7
Gross profit46.442.145.146.449.246.946.552.455.353.755.060.0
Gross margin34%34%36%36%37%37%37%39%39%39%39%41%
R&D6.35.36.66.15.05.76.26.36.95.96.64.8
SG&A18.719.522.321.322.522.223.623.127.224.826.028.4
Operating income18.216.314.517.820.918.016.322.720.9n/a22.026.8
Operating margin14%13%12%14%16%14%13%17%15%n/a16%19%
Interest expense1.00.80.80.81.31.31.21.11.10.90.70.7
Pre-tax income18.717.613.717.821.815.316.123.019.7n/a21.726.2
Tax rate25%13%19%17%17%24%17%19%31%n/a21%27%
Net income14.015.311.114.718.111.613.418.513.7n/a17.219.2
Net margin10%12%9%11%14%9%11%14%10%n/a12%13%
Diluted EPS$0.44$0.49$0.36$0.48$0.61$0.44$0.44$0.62$0.46n/a$0.59$0.66
Operating cash flow22.132.118.319.635.426.015.528.429.029.217.333.4
Capital expenditure2.73.54.04.63.96.14.53.34.83.25.04.6
Free cash flow19.428.614.315.031.519.911.125.124.226.012.328.9
Buybacks8.315.012.010.911.97.86.516.516.616.68.63.4
Dividends paid1.31.21.21.21.21.21.21.21.21.21.21.1
Shares outstanding31m31m31m30m30m30m30m30m29m29m29m29m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014 †FY2015 †FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024 †FY2025TTM
Revenue404382397423470469424513587550516541564
Cost of revenue274255256283306311285328376360327333340
Gross profit130127140140165158139185211191188208224
Gross margin32.2%33.2%35.4%33.2%35.1%33.6%32.8%36.0%35.9%34.7%36.4%38.4%39.7%
Research and development22.622.524.025.125.326.024.323.924.124.923.425.324.1
Selling, general and administrative61.159.661.671.973.670.467.882.691.583.888.398.7106
Operating income42.318.163.238.561.053.845.176.593.075.171.282.6n/a
Operating margin10.5%4.7%15.9%9.1%13.0%11.5%10.6%14.9%15.8%13.6%13.8%15.3%n/a
Interest expense2.32.63.73.32.12.63.32.12.23.34.24.33.4
Pre-tax income39.312.357.240.358.150.345.5-60.980.775.268.683.8n/a
Income tax12.85.322.925.811.614.110.8-19.021.214.613.118.522.8
Effective tax rate32.6%43.3%39.9%64.1%19.9%28.1%23.7%n/a26.2%19.5%19.1%22.0%n/a
Net income26.57.034.414.446.536.134.7-41.959.660.555.565.3n/a
Net margin6.6%1.8%8.7%3.4%9.9%7.7%8.2%-8.2%10.2%11.0%10.8%12.1%n/a
Diluted EPS$0.78$0.21$1.03$0.43$1.39$1.09$1.06-$1.30$1.85$1.92$1.81$2.19n/a
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2014 †FY2015 †FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024 †FY2025TTM
Operating cash flow33.339.247.258.058.264.476.886.112188.898.2102109
Capital expenditure12.99.720.518.128.521.714.915.614.314.718.615.717.6
Free cash flow20.429.426.740.029.742.761.970.510774.179.686.491.4
Free cash flow margin5.0%7.7%6.7%9.4%6.3%9.1%14.6%13.7%18.2%13.5%15.4%16.0%16.2%
Cash from investing-8.0-9.1-81.3-36.7-28.5-95.5-23.2-15.9-111-18.1-141-18.5-17.5
Cash from financing-15.9-7.8-8.6-20.8-42.530.1-61.3-20.74.3-65.4-26.9-98.4n/a
Depreciation and amortisation17.016.319.020.722.524.626.726.929.828.730.934.535.1
Buybacks8.018.10.00.09.411.78.18.821.440.942.656.245.1
Dividends paid5.45.35.25.35.35.25.25.25.15.04.94.84.6
Dividend per share$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16$0.16n/a
Diluted shares, weighted34m33m33m33m34m33m33m32m32m32m31m30m29m
Shares outstanding at period end33m33m33m33m33m32m32m32m32m31m30m29m29m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 †FY2015 †FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024 †FY2025TTM
Funded by
Shareholders' equity290282318344378405424464506527528552573
Debtn/an/an/an/an/an/an/an/a83.767.592.357.555.0
Operating lease liabilitiesn/an/an/an/a0.024.923.221.421.825.021.121.830.5
Other liabilities167202200196170213179180137122124133133
Total liabilities and equity457484518540548643626664748741766764792
Owned
Fixed assets71.469.982.188.299.410597.496.997.392.694.489.789.1
Goodwill32.033.961.771.171.1106109110152158201210208
Intangible assets36.634.864.466.960.285.279.169.9108104164154144
Cash and equivalents13515711411410110091.814115716494.382.3108
Receivables56.954.662.670.679.578.081.082.290.978.677.688.192.2
Inventory27.924.628.736.643.542.245.949.562.360.052.352.959.6
Other assets97.611010492.793.812712111580.784.582.388.291.0
Total assets457484518540548643626664748741766764792
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded3.5%5.0%-2.7%8.3%
Profit growth, compounded25.1%13.5%3.1%n/a
Return on equity, average8.1%7.3%11.3%11.8%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was CTS's revenue in fiscal 2025?

CTS (CTS) reported revenue of $541 million for fiscal 2025, the year ended 31 December 2025, up 5.0% on the year before.

How much did CTS earn in fiscal 2025?

Net income was $65 million for fiscal 2025, and diluted earnings per share $2.19.

What is CTS's market cap?

The market cap of CTS was $1.6 billion at the close of 9 October 2026.

Does CTS pay a dividend?

Yes. CTS declared $0.16 a share in dividends over the four quarters to 30 June 2026.

How much debt does CTS have?

At 30 June 2026 CTS carried $55 million of debt and $108 million of cash.

Peers: Electronic Equipment

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Flex Ltd. FLEX$44.3 billion46.2617.7%5.0%12.2%0.95n/a
Jabil Inc. JBL$32.1 billion38.2465.2%4.3%17.8%2.550.1%
TTM Technologies Inc. TTMI$12.7 billion54.5212.2%9.9%27.6%0.50n/a
Sanmina Corp. SANM$11.7 billion38.9111.2%4.2%58.6%0.79n/a
Plexus Corp. PLXS$7.0 billionn/an/an/an/a0.15n/a
Benchmark Electronics Inc. BHE$2.9 billionn/an/a3.4%8.9%0.160.2%
Ichor Holdings, Ltd. ICHR$2.2 billionn/a-4.7%-2.4%9.1%0.14n/a
Solaredge Technologies, Inc. SEDG$2.0 billionn/a-65.6%-11.6%41.6%0.81n/a
Photronics Inc. PLAB$1.7 billion10.4312.9%22.5%1.2%0.00n/a
CTS Corp. CTS$1.6 billionn/an/an/a8.3%0.100.3%
Napco Security Technologies, Inc. NSSC$1.3 billion29.9022.5%22.6%11.4%0.001.6%
Harmonic Inc. HLIT$1.2 billionn/an/an/an/a0.31n/a
All 78 in Electronic Equipment
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
NVIDIA Corp. NVDA$5.53 trillion28.9984.2%65.2%83.4%0.150.0%
Taiwan Semiconductor Manufacturing Company Limited TSM *$2.35 trillion44.3331.7%50.8%31.6%0.190.6%
Broadcom Inc. AVGO$1.73 trillion46.1838.4%48.0%48.7%0.610.7%
Micron Technology Inc. MU$1.16 trillion13.8761.4%74.6%256.3%0.020.1%
Advanced Micro Devices Inc. AMD$992.2 billion156.299.6%15.7%39.5%0.05n/a
Intel Corp. INTC$528.0 billionn/a-12.9%-0.1%7.5%0.550.4%
Applied Materials Inc. AMAT$402.3 billion43.7036.2%29.6%7.8%0.200.4%
Arm Holdings plc ARM *$283.3 billion313.2810.9%18.3%22.8%0.00n/a
Texas Instruments Inc. TXN$259.1 billion43.1833.6%37.3%16.7%0.781.9%
Marvell Technology, Inc. MRVL$241.4 billion90.8614.2%16.5%30.6%0.270.1%
Analog Devices Inc. ADI$196.8 billion48.1812.3%35.5%33.6%0.201.0%
Qualcomm Inc. QCOM$185.5 billion20.3133.5%23.2%1.9%0.462.0%
Amphenol Corp. APH$107.5 billion21.8633.2%27.0%54.2%1.111.0%
ASE Technology Holding Co., Ltd. ASX *$103.2 billion84.9311.7%8.0%8.4%0.740.7%
Lumentum Holdings Inc. LITE$97.8 billionn/a-149.3%17.4%83.2%0.35n/a
Vertiv Holdings Co. VRT$93.5 billion54.9436.4%18.9%26.2%0.62n/a
Motorola Solutions, Inc. MSI$73.5 billion34.9679.9%24.9%10.3%3.151.0%
Northrop Grumman Corp. NOC$68.3 billion15.3025.1%10.7%5.9%0.812.0%
Monolithic Power Systems, Inc. MPWR$68.1 billionn/an/a28.7%28.7%0.000.5%
Ciena Corp. CIEN$63.8 billion100.3821.4%12.3%32.6%1.06n/a
Nokia Corporation NOK *$57.9 billion76.793.1%4.4%3.5%0.161.5%
United Microelectronics Corporation UMC *$57.8 billion44.9511.0%18.5%2.3%0.17n/a
NXP Semiconductors N.V. NXPI$57.4 billion19.4226.1%32.0%8.8%0.881.8%
Garmin Ltd. GRMN$51.8 billion27.6720.8%27.6%13.5%0.000.5%
STMicroelectronics N.V. STM *$46.3 billion289.190.9%1.5%-11.1%0.120.7%
Flex Ltd. FLEX$44.3 billion46.2617.7%5.0%12.2%0.95n/a
L3Harris Technologies, Inc. LHX$44.1 billion23.939.4%10.1%7.3%0.462.0%
Microchip Technology Inc. MCHP$41.0 billion111.077.4%15.5%20.9%0.832.4%
Telefonaktiebolaget LM Ericsson ERIC *$32.2 billion11.3026.0%16.3%-4.5%0.303.0%
Jabil Inc. JBL$32.1 billion38.2465.2%4.3%17.8%2.550.1%
ON Semiconductor Corp. ON$30.2 billion49.718.7%10.8%-3.1%0.62n/a
Teledyne Technologies Inc. TDY$28.4 billion29.638.9%19.4%7.9%0.19n/a
Qnity Electronics, Inc. Q$26.5 billion45.248.1%n/an/a0.550.1%
Macom Technology Solutions Holdings, Inc. MTSI$25.2 billion106.0715.6%18.1%28.4%0.22n/a
Hubbell Inc. HUBB$25.0 billion28.0623.1%20.0%10.6%1.231.1%
First Solar, Inc. FSLR$19.1 billion10.9616.9%33.6%23.8%0.00n/a
Semtech Corp. SMTC$17.5 billion124.0820.6%8.0%17.8%0.47n/a
Fabrinet FN$17.4 billion37.2719.3%10.0%35.7%0.00n/a
Lattice Semiconductor Corp. LSCC$17.3 billion484.854.6%7.4%33.3%0.00n/a
Sitime Corp. SITM$16.2 billion1,247.891.4%-3.9%83.0%1.29n/a
TTM Technologies Inc. TTMI$12.7 billion54.5212.2%9.9%27.6%0.50n/a
Vicor Corp. VICR$12.7 billion85.2617.4%18.6%11.7%0.00n/a
Amkor Technology, Inc. AMKR$12.2 billion22.0311.9%8.6%17.9%0.540.7%
Nextpower Inc. NXT$11.8 billion22.3023.2%19.3%17.0%0.00n/a
Rambus Inc. RMBS$11.7 billion49.3016.3%35.5%17.2%0.00n/a
Sanmina Corp. SANM$11.7 billion38.9111.2%4.2%58.6%0.79n/a
Advanced Energy Industries Inc. AEIS$11.5 billion53.7515.1%13.2%24.6%0.870.0%
Skyworks Solutions, Inc. SWKS$11.5 billion39.365.1%7.6%0.1%0.093.7%
Viavi Solutions Inc. VIAV$11.2 billionn/a-2.1%6.9%40.0%0.27n/a
Formfactor Inc. FORM$10.9 billion95.6510.4%12.9%18.0%0.01n/a
Qorvo, Inc. QRVO$10.1 billion26.4911.5%13.1%-0.2%0.45n/a
Maxlinear, Inc. MXL$8.7 billionn/a-21.4%-13.6%50.5%0.26n/a
Silicon Laboratories Inc. SLAB$7.4 billionn/a-3.6%-5.1%21.7%0.00n/a
Plexus Corp. PLXS$7.0 billionn/an/an/an/a0.15n/a
Esco Technologies Inc. ESE$6.7 billion21.2419.5%14.2%24.0%0.050.1%
Allegro Microsystems, Inc. ALGM$6.6 billion592.751.5%4.9%24.2%0.29n/a
Impinj Inc. PI$5.8 billionn/a-11.7%-1.8%3.5%1.04n/a
Cirrus Logic, Inc. CRUS$5.4 billion13.0819.7%23.0%6.2%0.00n/a
Vishay Intertechnology Inc. VSH$5.0 billion179.031.0%3.3%13.4%0.331.2%
Kulicke & Soffa Industries Inc. KLIC$4.8 billion42.4212.7%13.2%44.4%0.000.9%
Mercury Systems Inc. MRCY$4.7 billionn/a-2.0%0.0%7.9%0.29n/a
Synaptics Inc. SYNA$4.7 billionn/a-52.8%-5.6%11.4%0.90n/a
Diodes Inc. /Del DIOD$4.4 billion51.334.4%4.8%17.8%0.01n/a
Enphase Energy, Inc. ENPH$4.3 billion32.8011.3%8.3%-10.4%0.48n/a
Penguin Solutions, Inc. PENG$3.9 billion54.4922.1%7.2%12.0%1.01n/a
Universal Display Corp. \Pa\ OLED$3.5 billion18.1411.6%34.1%-8.3%n/a2.4%
IPG Photonics Corp. IPGP$3.3 billion120.361.3%0.7%13.0%0.00n/a
Ultra Clean Holdings, Inc. UCTT$3.1 billionn/a-3.7%2.8%2.5%0.94n/a
OSI Systems Inc. OSIS$3.1 billion21.6618.6%12.3%4.3%1.20n/a
Benchmark Electronics Inc. BHE$2.9 billionn/an/a3.4%8.9%0.160.2%
Power Integrations Inc. POWI$2.7 billion109.213.7%3.4%1.6%0.001.7%
Ichor Holdings, Ltd. ICHR$2.2 billionn/a-4.7%-2.4%9.1%0.14n/a
Solaredge Technologies, Inc. SEDG$2.0 billionn/a-65.6%-11.6%41.6%0.81n/a
Photronics Inc. PLAB$1.7 billion10.4312.9%22.5%1.2%0.00n/a
CTS Corp. CTS$1.6 billionn/an/an/a8.3%0.100.3%
Napco Security Technologies, Inc. NSSC$1.3 billion29.9022.5%22.6%11.4%0.001.6%
Harmonic Inc. HLIT$1.2 billionn/an/an/an/a0.31n/a
Alpha & Omega Semiconductor Ltd. AOSL$843 millionn/a-5.3%-6.4%-2.5%0.000.0%
6 companies share its SEC industry code (Printed Circuit Boards); the rest are the names nearest in size in its wider industry, Electronic Equipment, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202628 July 2026EDGAR
10-Q31 March 202629 April 2026EDGAR
10-K31 December 202524 February 2026EDGAR
10-Q30 September 202528 October 2025EDGAR
10-Q30 June 202524 July 2025EDGAR
10-Q31 March 202530 April 2025EDGAR
10-K31 December 202426 February 2025EDGAR
10-Q30 September 202429 October 2024EDGAR
10-Q30 June 202430 July 2024EDGAR
10-Q31 March 20241 May 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install