CTS Corporation

CTS is a designer and manufacturer of sensors, actuators and electronic components for original equipment manufacturers in the aerospace, communications, defense, industrial, information technology, medical and transportation markets. CTS focuses on providing advanced technology, exceptional customer service and superior value to industry partners throughout the globe. CTS aims to be at the forefront of technology, delivering innovative sensing, connectivity and motion solutions for the creation and advancement of products and services around the world. 

Type
Public
HQ
Elkhart, US
Founded
1896
Size (employees)
2,796 (est)-3%
CTS Corporation was founded in 1896 and is headquartered in Elkhart, US

Key People at CTS Corporation

Kieran O’Sullivan

Kieran O’Sullivan

President, Chief Executive Officer and Chairman of the Board

CTS Corporation Office Locations

CTS Corporation has offices in Elkhart, Albuquerque, Malden, Farmington Hills and in 13 other locations
Elkhart, US (HQ)
1142 W Beardsley Ave
Xiaogang District, TW
Zhongshan 4th Rd
Singapore, SG
6 Serangoon North Ave 5
Blantyre, GB
Blantyre Industrial Estate 5358 South Ave
Ostrava, CZ
872 Na Rovince
Ciudad Juárez, MX
Parque Industrial Axial
Lisle, US
2375 Cabot Dr
Hopkinton, US
75 South St
Farmington Hills, US
280 30445 Northwestern Hwy
Malden, US
7 Bow St
Albuquerque, US
4800 Alameda Blvd Ne

CTS Corporation Data and Metrics

CTS Corporation Financial Metrics

CTS Corporation's revenue was reported to be $396.7 m in FY, 2016 which is a 4% increase from the previous period.
USD

Revenue (FY, 2016)

396.7 m

Revenue growth (FY, 2015 - FY, 2016), %

4%

Gross profit (FY, 2016)

140.4 m

Gross profit margin (FY, 2016), %

35%

Net income (FY, 2016)

34.4 m

EBIT (FY, 2016)

63.2 m

Market capitalization (26-Jun-2017)

701.4 m

Closing share price (26-Jun-2017)

21.5

Cash (31-Dec-2016)

113.8 m
CTS Corporation's current market capitalization is $701.4 m.
USDY, 2013FY, 2014FY, 2015FY, 2016

Revenue

409.5 m404 m382.3 m396.7 m

Revenue growth, %

(1%)(5%)4%

Cost of goods sold

288.1 m274.1 m255.2 m256.3 m

Gross profit

121.4 m130 m127.1 m140.4 m

Gross profit Margin, %

30%32%33%35%

EBIT

17.7 m42.3 m18.1 m63.2 m

EBIT margin, %

4%10%5%16%

Interest income

1.9 m2.8 m3.1 m1.3 m

Pre tax profit

39.3 m12.3 m57.2 m

Net Income

26.5 m7 m34.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

124.4 m134.5 m156.9 m113.8 m

Accounts Receivable

56.9 m54.6 m62.6 m

Current Assets

236.3 m240.4 m252 m215.7 m

PP&E

71.4 m69.9 m82.1 m

Goodwill

32 m33.9 m61.7 m

Total Assets

480.3 m456.9 m484.1 m517.7 m

Accounts Payable

47.1 m43.3 m40.3 m40 m

Current Liabilities

95.1 m80 m101.4 m98.1 m

Common Stock

299.9 m300.9 m302.8 m

Retained Earnings

359 m380.1 m381.8 m411 m

Total Equity

296.7 m289.8 m281.7 m317.9 m

Financial Leverage

1.6 x1.6 x1.7 x1.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

26.5 m7 m34.4 m

Depreciation and Amortization

21.2 m17 m16.3 m19 m

Accounts Receivable

(6.1 m)4.4 m1 m(7.1 m)

Inventories

(2.5 m)3.4 m2.2 m(2.3 m)

Accounts Payable

4.7 m(2.7 m)(5.1 m)537 k

Cash From Operating Activities

37.6 m32.4 m38.6 m47.2 m

Capital Expenditures

(14 m)(12.9 m)(9.7 m)(20.5 m)

Cash From Investing Activities

62.8 m(8 m)(9.1 m)(81.3 m)

Long-term Borrowings

(3.9 b)(1 b)(1.3 b)(2.5 b)

Dividends Paid

(4.9 m)(5.4 m)(5.3 m)(5.2 m)

Cash From Financing Activities

(86.6 m)(15 m)(7.3 m)(8.6 m)

Interest Paid

3.1 m2.1 m2.4 m2.9 m

Income Taxes Paid

8 m6.8 m10.5 m

Free Cash Flow

51.6 m45.4 m48.3 m67.7 m
Y, 2016

Financial Leverage

1.6 x

CTS Corporation Market Value History

CTS Corporation Online and Social Media Presence

CTS Corporation Company Life and Culture

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