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Transcat TRNS Operating margin

Operating margin at other companies

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11.5%+0.5pp
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18.2%+1.3pp
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17.6%-0.3pp
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VontierVNT
18.4%+0.6pp
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10.9%-0.3pp
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6.2%-10.1pp

Other financials

Income statement

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Revenue$89.3M+15.8%
Gross profit$30.5M+17.6%
Operating income$4.3M-37.6%
Net income$1.9M-56.4%
EPS (diluted)$0.20-58.3%

Balance sheet

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Cash & equivalents$4.9M+226%
Total debt$133.6M+131%
Total equity$300.6M+4.8%
Total assets$480.5M+24.7%

Cash flow

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Operating cash flow$6.2M-41.7%
CapEx$3.6M+33.2%
Free cash flow$2.6M-67.1%

Valuation

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Market cap$837.21M+11.6%
Enterprise value$965.85M+19.7%
P/E155.7×+104×
P/S2.5×-0.2×

Profitability

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Gross margin32.6%+0.5pp
Net margin1.6%-3.6pp
FCF margin5.9%-3.4pp

Returns & leverage

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Return on equity1.8%-3.8pp
Debt / equity0.4×+0.2×
Current ratio2.3×0.0×

Where this comes from

Calculated from Transcat’s reported figures.

Based on trailing twelve months.

The official record: Transcat’s 10-K, filed May 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Transcat's operating margin?
Transcat (TRNS) reported operating margin of 4% in Q1 2026.
How has Transcat's operating margin changed year-over-year?
Transcat's operating margin decreased by 37.7% year-over-year, from 6.4% to 4%.
What is the long-term trend for Transcat's operating margin?
Over 5 years (2021 to 2026), Transcat's operating margin has grown at a -9.0% compound annual growth rate (CAGR), from 6.4% to 4%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.