CTS (FRA:XT1) Pretax Margin % : 10.86% (As of Mar. 2024)

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What is CTS Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CTS's Pre-Tax Income for the three months ended in Mar. 2024 was €12.6 Mil. CTS's Revenue for the three months ended in Mar. 2024 was €115.7 Mil. Therefore, CTS's pretax margin for the quarter that ended in Mar. 2024 was 10.86%.

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

FRA:XT1' s Pretax Margin % Range Over the Past 10 Years
Min: -11.87 Med: 10.72 Max: 14.43
Current: 12.47

FRA:XT1's Pretax Margin % is ranked better than
79.9% of 2463 companies
in the Hardware industry
Industry Median: 3.54 vs FRA:XT1: 12.47

CTS Pretax Margin % Historical Data

The historical data trend for CTS's Pretax 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.

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CTS Pretax Margin % Chart

CTS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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10.72

-11.87

13.76

13.65

CTS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Pretax Margin %	Get a 7-Day Free Trial															15.55	11.08	13.93	14.14	10.86

Competitive Comparison of CTS's Pretax Margin %

For the Electronic Components subindustry, CTS's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % Distribution in the Hardware Industry

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

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

CTS Pretax Margin % Calculation

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

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

Pretax Margin	=	Pre-Tax Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	68.915	/	504.737
	=	13.65 %

CTS's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	12.565	/	115.69
	=	10.86 %

CTS (FRA:XT1) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

CTS Pretax Margin % Related Terms

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CTS (FRA:XT1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CTS Corp (FRA:XT1) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

CTS:USA

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.

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