CTS (CTS) Tax Rate % : 16.77% (As of Sep. 2024)

View and export this data going back to 1962. Start your Free Trial

What is CTS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CTS's Tax Expense for the three months ended in Sep. 2024 was $3.8 Mil. CTS's Pre-Tax Income for the three months ended in Sep. 2024 was $22.4 Mil. Therefore, CTS's Tax Rate % for the quarter that ended in Sep. 2024 was 16.77%.

CTS Tax Rate % Historical Data

The historical data trend for CTS's Tax Rate % 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 Tax Rate % Chart

CTS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

28.09

23.73

31.23

26.21

19.45

CTS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															25.44	13.09	18.59	17.23	16.77

CTS Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

CTS's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	14.621	/	75.153
	=	19.45 %

CTS's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	3.764	/	22.447
	=	16.77 %

CTS Tax Rate % Related Terms

Thank you for viewing the detailed overview of CTS's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

CTS Business Description

Industry

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

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 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

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
Ashish Agrawal	officer: CFO	2375 CABOT DRIVE, LISLE IL 60525
Randy Lee Stone	director	974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Michael Edward Murray	officer: Senior Vice President	4925 INDIANA AVENUE, LISLE IL 60532
Ye Jane Li	director	200 FLYNN ROAD, CAMARILLO CA 93012-8790
Thomas Michael White	officer: Controller and PAO	4925 INDIANA AVENUE, LISLE IL 60532
Donna Costello	director	17 STEWART COURT, WESTWOOD NJ 07675
Scott D'angelo	officer: VP & Secretary	4925 INDIANA AVENUE, LISLE IL 60532
Alfonso G Zulueta	director	4925 INDIANA AVE, LISLE IL 60532
William S Johnson	director	C/O CABOT MICROELECTRONICS, 870 N. COMMONS DR, AURORA IL 60504
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
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