CTS
$55.32-0.22%
CTS CorporationStock · TechnologyRussell 2000 · 0.06% of IWMRussell 3000 · 0.003% of IWVUS Stock Market · 0.002% of VTI
CTS financial statements
The full income statement, balance sheet, and cash-flow statement for CTS Corporation (CTS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 30.4M2024-09 30.1M2024-12 30.0M2025-03 29.8M2025-06 29.5M2025-09 29.1M2025-12 28.7M2026-03 28.6M2026-06 28.9M-4.8% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 541M+5.2% | 515M-6.5% | 550M-6.2% | 587M+14.4% | 513M+21.0% | |
| 208M+10.9% | 188M-1.7% | 191M-9.3% | 211M+14.0% | 185M+32.8% | ||
| Cost of revenue | 333M+1.9% | 327M-9.0% | 360M-4.5% | 376M+14.6% | 328M+15.2% | |
| Research & development | 25.3M+8.0% | 23.4M-6.1% | 24.9M+3.4% | 24.1M+1.0% | 23.9M-1.9% | |
| Selling, general & administrative | 98.7M+11.8% | 88.3M+5.3% | 83.8M-8.4% | 91.5M+10.8% | 82.6M+21.8% | |
| Restructuring | 0.00 | — | 1.48M | — | — | |
| Amortization of intangibles | 16.2M+21.1% | 13.3M+21.1% | 11.0M-5.2% | 11.6M+23.5% | 9.41M+4.0% | |
| Operating income | 82.6M+16.1% | 71.2M-5.2% | 75.1M-19.3% | 93.0M+21.6% | 76.5M+69.5% | |
| Interest expense | 4.31M+1.7% | 4.24M+27.2% | 3.33M+52.0% | 2.19M+3.8% | 2.11M-35.5% | |
| Interest & investment income | 2.13M-50.2% | 4.28M-7.4% | 4.63M+248.8% | 1.33M+57.9% | 840K-19.8% | |
| Other non-operating income | 3.30M+224.7% | -2.65M-122.3% | -1.19M+89.5% | -11.4M+91.6% | -136M-5385.0% | |
| Pre-tax income | 83.8M+22.1% | 68.6M-8.7% | 75.2M-6.9% | 80.7M+232.6% | -60.9M-233.9% | |
| Income tax | 18.5M+40.8% | 13.1M-10.3% | 14.6M-30.9% | 21.2M+211.3% | -19.0M-276.2% | |
| Net income | 65.3M+17.7% | 55.5M-8.4% | 60.5M+1.6% | 59.6M+242.3% | -41.9M-220.7% | |
| $2.19+21.0% | $1.81-5.7% | $1.92+3.8% | $1.85+242.3% | -$1.30-222.6% | ||
| EPS (basic) | $2.21+21.4% | $1.82-5.7% | $1.93+3.8% | $1.86+243.1% | -$1.30-221.5% | |
| Weighted-avg shares (basic) | 29.5M-3.0% | 30.4M-3.0% | 31.4M-1.9% | 32.0M-1.1% | 32.3M+0.0% | |
| Weighted-avg shares (diluted) | 29.8M-3.0% | 30.7M-2.7% | 31.6M-2.0% | 32.2M-0.3% | 32.3M-0.8% | |
| Dividends per share | $0.16+0.0% | $0.16+0.0% | $0.16+0.0% | $0.16+0.0% | $0.16+0.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 253M+4.3% | 242M-24.2% | 319M-2.0% | 326M+12.7% | 289M+23.9% | ||
| Cash & equivalents | 82.3M-12.8% | 94.3M-42.4% | 164M+4.4% | 157M+10.9% | 141M+54.1% | |
| Accounts receivable | 88.1M+13.5% | 77.6M-1.2% | 78.6M-13.6% | 90.9M+10.6% | 82.2M+1.5% | |
| Inventory | 52.9M+1.0% | 52.3M-12.9% | 60.0M-3.6% | 62.3M+25.8% | 49.5M+7.9% | |
| Other current assets | 29.5M+64.8% | 17.9M+6.0% | 16.9M+7.8% | 15.7M-1.7% | 15.9M+9.0% | |
| 764M-0.1% | 765M+3.3% | 741M-1.0% | 748M+12.6% | 664M+6.1% | ||
| Property, plant & equipment | 89.7M-4.9% | 94.4M+1.9% | 92.6M-4.8% | 97.3M+0.4% | 96.9M-0.6% | |
| Operating lease right-of-use | 22.5M-1.7% | 22.9M-13.2% | 26.4M+16.4% | 22.7M+5.1% | 21.6M-7.2% | |
| Goodwill | 210M+4.1% | 201M+27.7% | 158M+3.5% | 152M+38.8% | 110M+0.3% | |
| Intangible assets | 154M-6.3% | 164M+57.6% | 104M-3.8% | 108M+54.6% | 69.9M-11.7% | |
| Deferred tax assets | 25.1M-9.0% | 27.6M+9.6% | 25.2M+7.3% | 23.5M-7.7% | 25.4M+4.8% | |
| Other non-current assets | 11.0M-16.2% | 13.2M-17.7% | 16.0M-15.0% | 18.9M+678.9% | 2.42M-6.6% | |
| 110M+11.4% | 98.5M+1.5% | 97.0M-13.8% | 113M-1.3% | 114M+8.7% | ||
| Accounts payable | 48.2M+13.1% | 42.6M-2.0% | 43.5M-18.3% | 53.2M-4.2% | 55.5M+10.0% | |
| Accrued liabilities | 37.3M+5.4% | 35.4M+2.3% | 34.6M-2.2% | 35.3M-3.8% | 36.7M-3.8% | |
| Deferred revenue | 2.60M+23.1% | 2.11M-2.5% | 2.17M | — | — | |
| Current lease liability | 3.45M-26.8% | 4.72M+7.4% | 4.39M+11.6% | 3.94M+16.0% | 3.39M+3.0% | |
| 213M-10.4% | 237M+10.7% | 214M-11.5% | 242M+20.6% | 201M-0.7% | ||
| Non-current lease liability | 21.8M+3.4% | 21.1M-15.4% | 25.0M+14.8% | 21.8M+1.9% | 21.4M-7.8% | |
| Operating lease liability (total) | 25.3M-2.1% | 25.8M-12.0% | 29.4M+14.3% | 25.7M+3.8% | 24.7M-6.5% | |
| Deferred tax liabilities | 12.8M+0.4% | 12.7M-13.5% | 14.7M-8.0% | 16.0M+171.6% | 5.89M-15.9% | |
| Other non-current liabilities | 7.00M-19.2% | 8.66M+58.7% | 5.46M+68.0% | 3.25M+21.1% | 2.68M-48.3% | |
| 552M+4.5% | 528M+0.3% | 527M+4.1% | 506M+9.2% | 464M+9.4% | ||
| Common stock | 325M+0.9% | 322M+0.8% | 319M+0.8% | 317M+0.7% | 315M+1.1% | |
| Additional paid-in capital | 43.3M-3.0% | 44.7M-1.0% | 45.1M-2.3% | 46.1M+8.4% | 42.5M+2.1% | |
| Retained earnings | 713M+9.3% | 653M+8.4% | 602M+10.2% | 547M+11.1% | 492M-8.7% | |
| Treasury stock | 544M+11.6% | 487M+9.7% | 444M+10.3% | 403M+5.6% | 381M+2.4% | |
| Accumulated other comprehensive income | 13.7M+422.3% | -4.27M-200.0% | 4.26M+735.5% | -671K+85.2% | -4.53M+95.3% | |
| Total liabilities & equity | 764M-0.1% | 765M+3.3% | 741M-1.0% | 748M+12.6% | 664M+6.1% | |
| Common shares issued | 57.6M+0.1% | 57.5M+0.2% | 57.4M+0.2% | 57.3M+0.1% | 57.2M+0.3% | |
| Common shares outstanding | 28.8M-4.2% | 30.0M-2.6% | 30.8M-2.7% | 31.7M-1.5% | 32.2M-0.3% | |
| Shares outstanding (cover) | 28.7M-4.5% | 30.0M-2.4% | 30.8M-2.8% | 31.7M-1.5% | 32.2M-0.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 102M+3.9% | 98.2M+10.6% | 88.8M-26.7% | 121M+40.7% | 86.1M+12.2% | ||
| Depreciation & amortization | 34.5M+11.7% | 30.9M+7.7% | 28.7M-3.5% | 29.8M+10.5% | 26.9M+1.0% | |
| Intangible amortization | 16.2M+21.1% | 13.3M+21.1% | 11.0M-5.2% | 11.6M+23.5% | 9.41M+4.0% | |
| Deferred income taxes | 2.17M+299.0% | -1.09M-10.2% | -990K-301.2% | 492K+101.6% | -31.0M-4370.7% | |
| Change in receivables | 7.44M+27670.4% | -27.0K+99.8% | -12.6M-312.9% | 5.91M+537.2% | 928K+170.6% | |
| Change in inventory | -1.38M+89.0% | -12.5M-430.1% | -2.35M-128.7% | 8.21M+130.0% | 3.57M+517.6% | |
| Change in payables | 4.18M+336.2% | -1.77M+81.8% | -9.75M-325.3% | -2.29M-173.1% | 3.14M-18.8% | |
| -18.5M+86.8% | -141M-676.7% | -18.1M+83.7% | -111M-599.5% | -15.9M+31.4% | ||
| Capital expenditure | 15.7M-15.6% | 18.6M+26.5% | 14.7M+2.8% | 14.3M-8.4% | 15.6M+5.3% | |
| Free cash flow | 86.4M+8.5% | 79.6M+7.5% | 74.1M-30.7% | 107M+51.6% | 70.5M+13.8% | |
| Acquisitions | 0.00-100.0% | 122M+3529.4% | 3.36M-96.5% | 96.9M+37882.4% | 255K-96.9% | |
| -98.4M-266.1% | -26.9M+58.9% | -65.4M-1608.3% | 4.34M+120.9% | -20.7M+66.2% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 56.2M+31.9% | 42.6M+4.1% | 40.9M+90.8% | 21.4M+144.1% | 8.79M+8.7% | |
| Dividends paid | 4.75M-2.8% | 4.88M-3.1% | 5.04M-1.8% | 5.13M-0.8% | 5.17M-0.1% | |
| FX effect on cash | — | — | — | — | 159K+121.2% | |
| Net change in cash | -12.0M+82.7% | -69.5M-1098.3% | 6.97M-54.9% | 15.4M-68.9% | 49.7M+686.8% | |
| Interest paid | 4.00M-5.5% | 4.23M+35.3% | 3.13M+55.1% | 2.02M+3.4% | 1.95M-24.9% | |
| Income taxes paid | 16.8M+0.9% | 16.6M-18.0% | 20.2M+0.8% | 20.1M+18.9% | 16.9M+41.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.23B-22.3% | 1.58B+16.2% | 1.36B+8.4% | 1.26B+6.4% | 1.18B+6.3% | |
| P/E | 18.8×-34.0% | 28.6×+26.0% | 22.7×-3.0% | 23.4× | — | |
| P/S | 2.3×-26.2% | 3.1×+28.3% | 2.4×+10.2% | 2.2×-5.4% | 2.3×-12.1% | |
| P/B | 2.2×-25.7% | 3.0×+15.0% | 2.6×+1.8% | 2.6×+0.6% | 2.5×-2.8% | |
| P/FCF | 14.2×-28.4% | 19.9×-3.8% | 20.7×+72.8% | 12.0×-28.5% | 16.7×-6.6% | |
| Earnings yield | 5.3%+51.6% | 3.5%-20.7% | 4.4%+3.1% | 4.3% | — | |
| FCF yield | 7.0%+39.7% | 5.0%+3.9% | 4.8%-42.1% | 8.4%+39.9% | 6.0%+7.1% | |
| Dividend yield | 0.37%+23.0% | 0.30%-17.0% | 0.37%-9.9% | 0.41%-6.8% | 0.44%-6.5% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: CTS’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CTS filings on SEC EDGAR → Not investment advice.