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CTS Corporation

CTS

CTS Corporation is a global designer and manufacturer of custom engineered sensors, connectivity components, and actuators.

Market cap
$1.81B+43.8%
Revenue$570.9M+7.4%
Net income$73.9M+24.8%
Free cash flow$108.3M+35.1%
EPS (diluted)$2.53+29.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q3 2026

Income statement

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Revenue$149.6M+4.6%
Gross profit$63.2M+14.1%
Operating income$25.5M+22.0%
Net income$17.8M+29.7%
EPS (diluted)$0.61+32.6%

Balance sheet

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Cash & equivalents$143.9M+30.4%
Total debt$33.8M+27.8%
Total equity$586.7M+7.1%
Total assets$822.1M+4.0%

Cash flow

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Operating cash flow$43.5M+50.0%
CapEx$2.4M-50.2%
Free cash flow$41.1M+69.8%

Valuation & ratios

Valuation

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Market cap$1.81B+43.8%
Enterprise value$1.7B+54.3%
P/E24.5×+4.5×
P/S3.2×+0.9×

Profitability

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Gross margin40.6%+2.6pp
Operating margin17%+2.1pp
Net margin12.9%+1.8pp
FCF margin19%+3.9pp

Returns & leverage

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Return on equity13%+2.0pp
Debt / equity0.1×0.0×
Current ratio2.6×0.0×

Competitors

Profile

CTS Corporation is a global designer and manufacturer of custom engineered sensors, connectivity components, and actuators. The company provides vital electronic functions that enable systems to sense, connect, and move across critical applications in the transportation, industrial, medical, and aerospace and defense markets. CTS primarily serves original equipment manufacturers (OEMs) and tier-one suppliers through a global manufacturing and sales footprint.

Competitive position

CTS is a leading provider of custom engineered sensing and motion devices, competing primarily on technical features and reliability for major global OEMs.

GeographiesNorth America, Asia, Europe
Customer segmentsAutomotive OEMs, Aerospace and Defense, Medical Device Manufacturers, Industrial Equipment Manufacturers
Business modelB2B Manufacturing, Custom Engineered Solutions, OEM Supply
SuppliersSemiconductor suppliers, Rare earth element providers, Precious metal suppliers (Gold, Platinum, Silver), Ceramic powder manufacturers, Printed circuit board fabricators
CustomersAutomotive OEMs, Tier one transportation suppliers, Medical imaging and device companies, Defense contractors, Electronic component distributors
Listed1962
Employees4.1K
CEOPratik Trivedi
FilingsSEC EDGAR

FAQ

What is CTS Corporation's market cap?
CTS Corporation (CTS) has a market capitalization of $1.8B and trades on NYSE.
What is CTS Corporation's revenue and profitability?
CTS Corporation generated $570.9M in trailing twelve-month revenue with net income of $73.9M, representing a net margin of 12.9%. Gross margin stands at 40.6%, with free cash flow of $108.3M. The latest reported period is Q3 2026.
Who are CTS Corporation's competitors?
CTS Corporation's key competitors include Sensata Technologies, TE Connectivity, Amphenol Corporation, and others. These companies compete in similar markets and product categories.
Who does CTS Corporation partner with?
CTS Corporation's notable partners include Avnet, Inc., Digi-Key Electronics, Master Electronics, and others.
Where is CTS Corporation headquartered?
CTS Corporation is headquartered in United States of America and employs approximately 4,081 people. It has been publicly traded since 1962.