CTS (CTS) Net Margin % : 12.29% (As of Dec. 2023)

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What is CTS Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. CTS's Net Income for the three months ended in Dec. 2023 was $15.3 Mil. CTS's Revenue for the three months ended in Dec. 2023 was $124.7 Mil. Therefore, CTS's net margin for the quarter that ended in Dec. 2023 was 12.29%.

The historical rank and industry rank for CTS's Net Margin % or its related term are showing as below:

CTS' s Net Margin % Range Over the Past 10 Years
Min: -8.16 Med: 7.95 Max: 11
Current: 11

CTS's Net Margin % is ranked better than
82.05% of 2462 companies
in the Hardware industry
Industry Median: 2.845 vs CTS: 11.00

CTS Net Margin % Historical Data

The historical data trend for CTS's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CTS Net Margin % Chart

CTS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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7.71

8.18

-8.16

10.15

11.00

CTS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															10.50	12.56	8.88	10.38	12.29

Competitive Comparison of CTS's Net Margin %

For the Electronic Components subindustry, CTS's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CTS's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CTS's Net Margin % distribution charts can be found below:

* The bar in red indicates where CTS's Net Margin % falls into.

CTS Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

CTS's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	60.532	/	550.422
	=	11.00 %

CTS's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	15.32	/	124.694
	=	12.29 %

CTS (NYSE:CTS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

CTS Net Margin % Related Terms

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CTS (CTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CTS Corp (NYSE:CTS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

XT1:Germany

Address

4925 Indiana Avenue, Lisle, IL, USA, 60532

Website

https://www.ctscorp.com

CTS Corp operates in the electronics industry. The company is a global manufacturer of Sensors, Electronic components, and Actuators. It designs, manufactures, and sells a broad line of sensors, electronic components, and actuators mainly to original equipment manufacturers (OEM) for the aerospace and defense, industrial, information technology, medical, telecommunications, and transportation markets. Geographically, it derives a majority of its revenue from the United States and also has a presence in China; Singapore; the Czech Republic; Taiwan and other countries.

Executives

Randy Lee Stone	director	974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Kieran M O'sullivan	director, officer: President & CEO	2375 CABOT DRIVE, LISLE IL 60532
Martin Baumeister	officer: Senior Vice President	4925 INDIANA AVENUE, LISLE IL 60532
Michael Edward Murray	officer: Senior Vice President	4925 INDIANA AVENUE, LISLE IL 60532
Ye Jane Li	director	200 FLYNN ROAD, CAMARILLO CA 93012-8790
Ashish Agrawal	officer: CFO	2375 CABOT DRIVE, LISLE IL 60525
Thomas Michael White	officer: Controller and PAO	4925 INDIANA AVENUE, LISLE IL 60532
Scott D'angelo	officer: VP & Secretary	4925 INDIANA AVENUE, LISLE IL 60532
Donna Costello	director	17 STEWART COURT, WESTWOOD NJ 07675
Alfonso G Zulueta	director	4925 INDIANA AVE, LISLE IL 60532
Gordon Hunter	director	25950 ELENA RD, LOS ALTOS HILLS CA 94022
Diana M Murphy	director	C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224
William S Johnson	director	C/O CABOT MICROELECTRONICS, 870 N. COMMONS DR, AURORA IL 60504
Luis Francisco Machado	officer: VP, General Counsel & Sec.	1142 W. BEARDSLEY AVENUE, ELKHART IN 46514
Rajeeb K Nath	officer: Vice President	1142 WEST BEARDSLEY AVENUE, ELKHART IN 46514