MTS Systems

MTS Systems Corporation (MTS) is a global supplier of test systems and industrial position sensors. The Company provides mechanical test systems, material testing, fatigue testing and tensile testing services, as well as motion simulation systems and calibration services. Examples of MTS products include: hydraulic actuators,rolling road simulators, shaker tables and medical testing equipment. MTS operates in two segments: the test segment and the sensors segment. Its testing hardware and software solutions help customers accelerate and improve their design, development, and manufacturing processes and are used for determining the mechanical behavior of materials, products, and structures. MTS’s high-performance position sensors provide controls for a variety of industrial and vehicular applications. 

Type
Public
HQ
Eden Prairie, US
Founded
1966
Size (employees)
2,400 (est)
Website
mts.com
MTS Systems was founded in 1966 and is headquartered in Eden Prairie, US

MTS Systems Office Locations

MTS Systems has offices in Eden Prairie, Cary, Paris, Berlin and in 5 other locations
Eden Prairie, US (HQ)
14000 Technology Dr

MTS Systems Data and Metrics

MTS Systems Financial Metrics

MTS Systems's revenue was reported to be $563.9 m in 2015
USD

Revenue (Y, 2015)

563.9 m

Revenue growth (Y, 2014 - Y, 2015), %

(0%)

Gross profit (Y, 2015)

219.6 m

Gross profit margin (Y, 2015), %

39%

Net income (Y, 2015)

45.5 m

EBIT (Y, 2015)

61.5 m

Market capitalization (28-Jun-2017)

873 m

Closing share price (28-Jun-2017)

50.7

Cash (03-Oct-2015)

51.8 m
MTS Systems's current market capitalization is $873 m.
USDFY, 2013FY, 2014Y, 2015

Revenue

569.4 m564.3 m563.9 m

Revenue growth, %

(1%)(0%)

Cost of goods sold

337.5 m340.7 m344.3 m

Gross profit

231.9 m223.6 m219.6 m

Gross profit Margin, %

41%40%39%

Sales and marketing expense

81 m88.1 m

R&D expense

22.8 m23.8 m

General and administrative expense

48.2 m51.4 m

Operating expense total

163.4 m158.1 m158.1 m

EBIT

80 m60.3 m61.5 m

EBIT margin, %

14%11%11%

Interest expense

334 k692 k795 k

Interest income

795 k

Pre tax profit

79.3 m58.4 m59.2 m

Income tax expense

21.4 m16.4 m13.7 m

Net Income

57.8 m42 m45.5 m
USDFY, 2013FY, 2014FY, 2015

Cash

48.3 m60.4 m51.8 m

Inventories

78 m83.6 m86.3 m

Current Assets

329.3 m351 m327.7 m

PP&E

78.4 m81.6 m80.5 m

Goodwill

16.6 m26.1 m27.7 m

Total Assets

451.3 m487.4 m460.8 m

Accounts Payable

29.8 m27.2 m33 m

Current Liabilities

174.2 m203 m176.7 m

Additional Paid-in Capital

6.1 m4.3 m

Retained Earnings

240.3 m242.4 m255.7 m

Total Equity

258.1 m

Financial Leverage

1.8 x
USDFY, 2013FY, 2014FY, 2015

Net Income

57.8 m42 m45.5 m

Depreciation and Amortization

16.6 m19.3 m21.1 m

Inventories

(9.6 m)(4.6 m)(4.1 m)

Accounts Payable

(4 m)(2.8 m)6.8 m

Cash From Operating Activities

(2.1 m)64.7 m100.4 m

Purchases of PP&E

(29.7 m)(20 m)(18.4 m)

Cash From Investing Activities

(34.2 m)(19.1 m)

Cash From Financing Activities

1.3 m(15.9 m)(84.8 m)

Interest Paid

146 k594 k816 k

Income Taxes Paid

22.6 m15.6 m10.2 m
Y, 2015

Financial Leverage

1.8 x

MTS Systems Market Value History

MTS Systems Online and Social Media Presence

MTS Systems Company Life and Culture

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