MTS Systems

OverviewSuggest Edit

MTS Systems (MTS) is a company that supplies test systems and industrial position sensors. The Company provides mechanical test systems, material testing, fatigue testing and tensile testing services, motion simulation systems and calibration services, hydraulic actuators, rolling road simulators, shaker tables and medical testing equipment. The Company's testing hardware and software solutions help customers accelerate and improve their design, development, and manufacturing processes.
TypePublic
Founded1966
HQEden Prairie, USMap
Websitemts.com
Employee Ratings2.6More
View Jobs (72)

Recent NewsAll News

Latest Updates

Employees (est.) (Sep 2018)3,400(-2%)
Job Openings72
Revenue (FY, 2018)$778 M(-1%)
Share Price (Mar 2019)$54.5 (+2%)

Key People/Management at MTS Systems

Jeffrey A. Graves

Jeffrey A. Graves

President, CEO
Brian T. Ross

Brian T. Ross

SVP, CFO
William C. Becker

William C. Becker

President - Test Sales, Service and Marketing
Amanda R. Daniel

Amanda R. Daniel

Chief Human Resources Officer, SVP
Steven Harrison

Steven Harrison

President – Test Engineering, Operations and Order Fulfillment
David T. Hore

David T. Hore

President MTS Sensors
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MTS Systems Office Locations

MTS Systems has offices in Eden Prairie, Bellevue, São Paul, Saigon and in 49 other locations
Eden Prairie, US (HQ)
14000 Technology Dr
Bellevue, US
4401 138th Ave SE
Monserrat, AR
369 Av. Belgrano
Chatswood, AU
61-63 Victoria Ave
Minsk, BY
28 22 vulica Aĺšeŭskaha
Minsk, BY
37/1 Surganova St, Suite 107
Show all (65)
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MTS Systems Financials and Metrics

MTS Systems Revenue

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MTS Systems's revenue was reported to be $778.03 m in FY, 2018
USD

Revenue (Q1, 2019)

203.2m

Gross profit (Q1, 2019)

78.3m

Gross profit margin (Q1, 2019), %

38.5%

Net income (Q1, 2019)

10.5m

EBIT (Q1, 2019)

18.0m

Market capitalization (18-Mar-2019)

975.9m

Closing stock price (18-Mar-2019)

54.5

Cash (29-Dec-2018)

70.4m
MTS Systems's current market capitalization is $975.9 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

569.4m564.3m563.9m650.1m788.0m778.0m

Revenue growth, %

(1%)0%15%21%

Cost of goods sold

337.5m340.7m344.3m418.7m485.7m472.5m

Gross profit

231.9m223.6m219.6m231.4m302.3m305.5m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

133.9m137.1m157.7m199.3m193.4m193.8m194.2m385.5m580.2m203.2m

Cost of goods sold

80.7m92.0m99.6m125.8m114.6m118.2m116.2m232.7m351.1m124.9m

Gross profit

53.2m45.1m58.1m73.5m78.9m75.6m77.9m152.8m229.0m78.3m

Gross profit Margin, %

40%33%37%37%41%39%40%40%39%39%
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Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

48.3m60.4m51.8m84.8m108.7m71.8m

Accounts Receivable

133.5m124.0m

Prepaid Expenses

12.8m19.9m

Inventories

78.0m83.6m86.3m132.6m127.7m139.1m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

53.5m43.7m56.6m55.3m61.3m53.3m63.3m172.7m95.9m97.4m101.6m94.1m84.4m66.4m70.4m

Inventories

79.6m79.4m82.2m89.6m88.8m92.0m96.0m93.0m122.7m125.1m129.4m133.5m143.5m142.4m183.5m

Current Assets

325.4m333.6m343.6m363.6m359.7m331.3m362.2m516.5m430.0m433.7m444.7m445.6m432.4m412.1m460.0m

PP&E

79.4m81.3m83.1m80.9m79.9m79.6m82.6m82.9m98.7m99.1m101.1m97.6m95.6m94.3m89.3m
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Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

57.8m42.0m45.5m27.5m25.1m61.3m

Depreciation and Amortization

16.6m19.3m21.1m24.1m35.5m34.5m

Inventories

(9.6m)(4.6m)(4.1m)3.4m(2.3m)(12.3m)

Accounts Payable

(4.0m)(2.8m)6.8m5.6m1.8m(846.0k)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

9.1m16.9m31.1m13.8m25.5m36.3m14.8m21.9m1.7m8.9m19.5m33.2m41.6m50.6m10.5m

Depreciation and Amortization

4.5m9.0m13.9m5.2m10.4m15.5m9.9m14.4m8.4m16.8m25.4m8.7m17.3m25.9m9.0m

Inventories

(1.3m)(1.1m)(2.7m)(6.7m)(6.8m)(9.5m)(9.4m)(6.9m)227.0k(1.9m)(5.1m)(5.5m)(14.4m)(15.2m)(15.8m)

Accounts Payable

(2.3m)(1.3m)(5.1m)2.9m10.3m1.9m3.6m4.8m130.0k(3.6m)(452.0k)1.2m(901.0k)(283.0k)(2.8m)
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USDY, 2018

Financial Leverage

2.6 x
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MTS Systems Operating Metrics

MTS Systems's Backlog was reported to be $370.5m in FY, 2016.
FY, 2014FY, 2015Aug, 2016FY, 2016Apr, 2017May, 2017

Backlog

$326.47 m$353.01 m$370.52 m

Manufacturing Facilities

16 16 16

Order Volume

$615.59 m$618.30 m
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MTS Systems Revenue Breakdown

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MTS Systems revenue breakdown by business segment: 36.0% from Sensors and 64.0% from Test

MTS Systems revenue breakdown by geographic segment: 24.4% from Europe, 31.3% from U.S., 22.1% from China, 18.1% from Asia, excluding China and 4.1% from Other

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Competitors

Wacom
Manufacturing & Industrial - Public
MSA Safety
Manufacturing & Industrial - Public
Sparton
Manufacturing & Industrial - Public
Nagano Keiki
Automotive & Transportation - Public
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MTS Systems Online and Social Media Presence

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MTS Systems News and Updates

October 25, 2018

MTS Systems to Present at the Baird 2018 Global Industrial Conference

EDEN PRAIRIE, Minn., Oct. 25, 2018 /PRNewswire/ -- MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and sensors, today announced that Dr. Jeffrey Graves, President and CEO, will make a presentation to the investment community at the Baird...
August 01, 2018

MTS Systems to Present at Intellisight 2018 Conference

EDEN PRAIRIE, Minn., Aug. 1, 2018 /PRNewswire/ -- MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high-performance test systems and sensors, today announced that Dr. Jeffrey Graves, President and CEO, will make a presentation to the investment community at the...
May 13, 2018

MTS Systems' (MTSC) CEO Jeffrey Graves on Q2 2018 Results - Earnings Call Transcript

May 10, 2018

MTS Systems Corporation 2018 Q2 - Results - Earnings Call Slides

October 12, 2017

Mechanical Test Equipment Global Market Top Key Players– Applied Test Systems , Illinois Tool Works , MTS Systems , Shimadzu , Zwick Roell and Forecast to 2021

The analysts forecast the global mechanical test equipment market to grow at a CAGR of 5.87% during the period 2017-2021. Posted via Industry Today. Follow us on Twitter @IndustryToday
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 MTS Systems Frequently Asked Questions

  • When was MTS Systems founded?

    MTS Systems was founded in 1966.

  • Who are MTS Systems key executives?

    MTS Systems's key executives are Jeffrey A. Graves, Brian T. Ross and William C. Becker.

  • How many employees does MTS Systems have?

    MTS Systems has 3,400 employees.

  • What is MTS Systems revenue?

    Latest MTS Systems annual revenue is $778 m.

  • What is MTS Systems revenue per employee?

    Latest MTS Systems revenue per employee is $228.8 k.

  • Who are MTS Systems competitors?

    Competitors of MTS Systems include Wacom, MSA Safety and Sparton.

  • Where is MTS Systems headquarters?

    MTS Systems headquarters is located at 14000 Technology Dr, Eden Prairie.

  • Where are MTS Systems offices?

    MTS Systems has offices in Eden Prairie, Bellevue, São Paul, Saigon and in 49 other locations.

  • How many offices does MTS Systems have?

    MTS Systems has 65 offices.

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