CTS Corporation Income Statement
CTS / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
CTS Corporation reported $541M in revenue and $65M in net income for FY2025. Revenue has grown at a 4.8% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 3.06 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $541.3M | $514.8M | $550.4M | $586.9M | $512.9M | $424.1M | $469.0M | $470.5M | $423.0M | $396.7M | $382.3M | $304.5M | $409.5M | $304.5M | $279.9M |
| Cost of Revenue | $333.3M | $327.2M | $359.6M | $376.3M | $328.3M | $285.0M | $311.4M | $305.5M | $282.6M | $256.3M | $255.2M | $213.0M | $288.1M | $213.0M | $190.6M |
| Gross Profit | $208.0M | $187.6M | $190.9M | $210.5M | $184.6M | $139.1M | $157.6M | $165.0M | $140.4M | $140.4M | $127.1M | $30.6M | $121.4M | $23.1M | - |
| SG&A Expense | $98.7M | $88.3M | $83.8M | $91.5M | $82.6M | $67.8M | $70.4M | $73.6M | $71.9M | $61.6M | $59.6M | $63.1M | $70.0M | $63.1M | $54.1M |
| R&D Expense | $25.3M | $23.4M | $24.9M | $24.1M | $23.9M | $24.3M | $26.0M | $25.3M | $25.1M | $24.0M | $22.5M | $20.9M | $23.2M | $20.9M | $20.0M |
| Operating Income | $82.6M | $71.2M | $75.1M | $93.0M | $76.5M | $45.1M | $53.8M | $61.0M | $38.5M | $63.2M | $18.1M | $15.1M | $17.7M | $15.1M | $12.7M |
| Interest Expense | - | - | $3.3M | $2.2M | $2.1M | $3.3M | $2.6M | $2.1M | $3.3M | $3.7M | $2.6M | $2.6M | $3.3M | $2.6M | $2.1M |
| Income Tax | $18.5M | $13.1M | $14.6M | $21.2M | -$19.0M | $10.8M | $14.1M | $11.6M | $25.8M | $22.9M | $5.3M | $952.0K | $16.1M | $952.0K | $1.1M |
| Net Income | $65.3M | $55.5M | $60.5M | $59.6M | -$41.9M | $34.7M | $36.1M | $46.5M | $14.4M | $34.4M | $7.0M | $20.3M | -$3.9M | $20.3M | $21.0M |
| EPS (Basic) | $2.21 | $1.86 | $1.93 | $1.86 | -$1.30 | $1.07 | $1.11 | $1.41 | $0.44 | $1.05 | -$0.12 | $0.60 | $0.61 | $0.65 | -$1.01 |
| EPS (Diluted) | $2.19 | $1.85 | $1.92 | $1.85 | -$1.30 | $1.06 | $1.09 | $1.39 | $0.43 | $1.03 | -$0.12 | $0.59 | $0.60 | $0.63 | -$1.01 |
| Shares Outstanding | 28.8M | 31.7M | 30.8M | 31.7M | 32.2M | 32.3M | 32.5M | 32.8M | 32.9M | 32.8M | 33.6M | 33.4M | 35.0M | 34.8M | - |
| Gross Margin | 38.4% | 36.4% | 34.7% | 35.9% | 36.0% | 32.8% | 33.6% | 35.1% | 33.2% | 35.4% | 33.3% | 10.1% | 29.6% | 7.6% | - |
| Operating Margin | 15.3% | 13.8% | 13.6% | 15.8% | 14.9% | 10.6% | 11.5% | 13.0% | 9.1% | 15.9% | 4.7% | 5.0% | 4.3% | 5.0% | 4.5% |
| Profit Margin | 12.1% | 10.8% | 11.0% | 10.2% | -8.2% | 8.2% | 7.7% | 9.9% | 3.4% | 8.7% | 1.8% | 6.7% | -1.0% | 6.7% | 7.5% |