CTS
Income statement / Annual
Last year (2023), CTS Corporation's total revenue was $550.42 M,
a decrease of 6.21% from the previous year.
In 2023, CTS Corporation's net income was $60.53 M.
See CTS Corporation�s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$550.42 M
|
$586.87 M
|
$512.93 M
|
$424.07 M
|
$469.00 M
|
$470.48 M
|
$422.99 M
|
$396.68 M
|
$382.31 M
|
$404.02 M
|
| Cost of Revenue |
$359.56 M |
$376.33 M |
$328.31 M |
$285.00 M |
$311.42 M |
$305.51 M |
$282.56 M |
$256.25 M |
$255.20 M |
$274.06 M |
| Gross Profit |
$190.86 M |
$210.54 M |
$184.62 M |
$139.06 M |
$157.58 M |
$164.97 M |
$140.43 M |
$140.43 M |
$127.11 M |
$129.96 M |
| Gross Profit Ratio |
0.35 |
0.36 |
0.36 |
0.33 |
0.34 |
0.35 |
0.33 |
0.35 |
0.33 |
0.32 |
| Research and Development
Expenses |
$24.92 M
|
$24.10 M
|
$23.86 M
|
$24.32 M
|
$25.97 M
|
$25.30 M
|
$25.15 M
|
$24.04 M
|
$22.46 M
|
$22.56 M
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$83.82 M
|
$91.52 M
|
$82.60 M
|
$67.79 M
|
$70.41 M
|
$73.57 M
|
$71.94 M
|
$61.62 M
|
$57.43 M
|
$59.14 M
|
| Other Expenses |
$0.00 |
-$11.40 M |
-$136.09 M |
$2.58 M |
-$2.64 M |
-$2.68 M |
$3.82 M |
-$3.52 M |
-$6.30 M |
-$3.44 M |
| Operating Expenses |
$108.73 M |
$115.62 M |
$106.45 M |
$92.10 M |
$96.38 M |
$98.87 M |
$97.09 M |
$85.66 M |
$94.43 M |
$81.70 M |
| Cost And Expenses |
$475.37 M |
$491.95 M |
$434.76 M |
$377.11 M |
$407.80 M |
$404.38 M |
$379.65 M |
$341.92 M |
$349.63 M |
$355.76 M |
| Interest Income |
$4.63 M |
$1.33 M |
$840,000.00 |
$1.05 M |
$1.74 M |
$1.83 M |
$1.28 M |
$1.31 M |
$3.07 M |
$2.79 M |
| Interest Expense |
$3.33 M |
$2.19 M |
$2.11 M |
$3.27 M |
$2.65 M |
$2.09 M |
$3.34 M |
$3.70 M |
$2.63 M |
$2.33 M |
| Depreciation &
Amortization |
$28.71 M
|
$29.75 M
|
$26.93 M
|
$26.67 M
|
$24.62 M
|
$22.51 M
|
$20.67 M
|
$18.99 M
|
$16.25 M
|
$16.97 M
|
| EBITDA |
$109.50 M
|
$113.22 M
|
-$32.58 M
|
$71.98 M
|
$84.85 M
|
$88.24 M
|
$64.02 M
|
$74.56 M
|
$61.95 M
|
$59.13 M
|
| EBITDA Ratio |
0.2 |
0.14 |
-0.11 |
0.12 |
0.13 |
0.14 |
0.11 |
0.13 |
0.08 |
0.16 |
| Operating Income Ratio
|
0.14
|
0.09
|
0.15
|
0.06
|
0.08
|
0.13
|
0.09
|
0.16
|
0.05
|
0.1
|
| Total Other
Income/Expenses Net |
$102,000.00
|
-$12.27 M
|
-$137.36 M
|
$350,000.00
|
-$3.55 M
|
-$2.94 M
|
$1.76 M
|
-$5.92 M
|
-$5.85 M
|
-$2.98 M
|
| Income Before Tax |
$75.15 M |
$80.74 M |
-$60.88 M |
$45.48 M |
$50.27 M |
$58.10 M |
$40.25 M |
$57.25 M |
$12.26 M |
$39.35 M |
| Income Before Tax Ratio
|
0.14
|
0.14
|
-0.12
|
0.11
|
0.11
|
0.12
|
0.1
|
0.14
|
0.03
|
0.1
|
| Income Tax Expense |
$14.62 M |
$21.16 M |
-$19.01 M |
$10.79 M |
$14.12 M |
$11.57 M |
$25.81 M |
$22.87 M |
$5.31 M |
$12.83 M |
| Net Income |
$60.53 M |
$59.58 M |
-$41.87 M |
$34.69 M |
$36.15 M |
$46.53 M |
$14.45 M |
$34.38 M |
$6.95 M |
$26.52 M |
| Net Income Ratio |
0.11 |
0.1 |
-0.08 |
0.08 |
0.08 |
0.1 |
0.03 |
0.09 |
0.02 |
0.07 |
| EPS |
1.93 |
1.86 |
-1.3 |
1.07 |
1.11 |
1.41 |
0.44 |
1.05 |
0.21 |
0.79 |
| EPS Diluted |
1.92 |
1.85 |
-1.3 |
1.06 |
1.09 |
1.39 |
0.43 |
1.03 |
0.21 |
0.78 |
| Weighted Average Shares
Out |
$31.36 M
|
$31.97 M
|
$32.33 M
|
$32.32 M
|
$32.70 M
|
$33.02 M
|
$32.89 M
|
$32.73 M
|
$32.96 M
|
$33.62 M
|
| Weighted Average Shares
Out Diluted |
$31.58 M
|
$32.24 M
|
$32.33 M
|
$32.58 M
|
$33.10 M
|
$33.57 M
|
$33.42 M
|
$33.25 M
|
$33.48 M
|
$34.13 M
|
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