MTS Systems revenue was $828.59 m in FY, 2020 which is a 7.2% year over year decrease from the previous period.
Founding Date | 1966 |
MTS Systems revenue breakdown by business segment: 59.2% from Test and 40.8% from Sensors
MTS Systems revenue breakdown by geographic segment: 28.5% from Europe, 32.4% from Asia, excluding China and 39.1% from Americas, excluding U.S.
USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|
Revenue | 778.0m | 892.5m | 828.6m |
Revenue growth, % | (1%) | 15% | (7%) |
Cost of goods sold | 472.5m | 563.6m | 540.2m |
Gross profit | 305.5m | 328.9m | 288.4m |
Gross profit Margin, % | 39% | 37% | 35% |
Sales and marketing expense | 126.3m | 131.6m | 120.3m |
R&D expense | 34.8m | 30.9m | 28.1m |
General and administrative expense | 79.2m | 86.7m | 96.1m |
Operating expense total | 240.4m | 249.2m | 535.9m |
EBIT | 65.2m | 79.7m | (247.5m) |
EBIT margin, % | 8% | 9% | (30%) |
Interest expense | 25.9m | 31.6m | 34.0m |
Pre tax profit | 44.2m | 48.6m | (283.7m) |
Income tax expense | (17.1m) | 5.5m | (11.7m) |
Net Income | 61.3m | 43.1m | (272.1m) |
EPS | 3.2 | 2.2 | (14.2) |
USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
---|---|---|---|---|---|---|---|
Revenue | 203.2m | 233.0m | 232.2m | 205.8m | 211.5m | 196.2m | 198.8m |
Cost of goods sold | 124.9m | 145.7m | 147.1m | 129.2m | 140.2m | 130.7m | 124.4m |
Gross profit | 78.3m | 87.4m | 85.1m | 76.6m | 71.2m | 65.5m | 74.4m |
Gross profit Margin, % | 39% | 37% | 37% | 37% | 34% | 33% | 37% |
Sales and marketing expense | 32.1m | 33.4m | 33.3m | 32.7m | 30.1m | 26.9m | 28.4m |
R&D expense | 7.2m | 7.7m | 8.2m | 7.0m | 7.1m | 6.3m | 7.2m |
General and administrative expense | 21.1m | 22.1m | 20.6m | 21.7m | 26.0m | 19.7m | 34.2m |
Operating expense total | 60.3m | 63.2m | 62.1m | 61.5m | 63.3m | 52.9m | 69.8m |
EBIT | 18.0m | 24.2m | 23.0m | 15.2m | 8.0m | 12.6m | 4.6m |
EBIT margin, % | 9% | 10% | 10% | 7% | 4% | 6% | 2% |
Interest expense | 6.8m | 7.4m | 6.7m | 8.3m | 8.9m | 8.8m | 8.5m |
Pre tax profit | 11.2m | 17.1m | 16.2m | 6.5m | (1.1m) | 3.4m | 2.6m |
Income tax expense | 696.0k | 2.9m | 2.6m | 1.1m | 2.0k | (1.0m) | 862.0k |
Net Income | 10.5m | 14.2m | 13.6m | 5.3m | (1.1m) | 4.4m | 1.7m |
EPS | 0.5 | 0.7 | 0.7 | 0.3 | (0.1) | 0.2 | 0.1 |
USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|
Cash | 71.8m | 57.9m | 88.9m |
Accounts Receivable | 122.2m | 121.3m | 128.7m |
Prepaid Expenses | 24.6m | 23.8m | 24.4m |
Inventories | 139.1m | 167.2m | 174.2m |
Current Assets | 428.2m | 450.5m | 501.0m |
PP&E | 90.3m | 101.1m | 95.1m |
Goodwill | 369.3m | 429.0m | 228.6m |
Total Assets | 1.1b | 1.3b | 1.2b |
Accounts Payable | 47.9m | 46.8m | 51.6m |
Dividends Payable | 5.3m | 5.7m | |
Short-term debt | 32.7m | 28.0m | 42.8m |
Current Liabilities | 239.1m | 251.6m | 296.9m |
Long-term debt | 355.6m | 484.6m | 541.7m |
Total Debt | 388.4m | 512.6m | 584.6m |
Total Liabilities | 661.5m | 813.9m | 929.0m |
Common Stock | 4.5m | 4.8m | 4.8m |
Additional Paid-in Capital | 171.4m | 182.4m | 189.6m |
Retained Earnings | 300.6m | 315.3m | 31.8m |
Total Equity | 477.9m | 484.1m | 221.2m |
Debt to Equity Ratio | 0.8 x | 1.1 x | 2.6 x |
Debt to Assets Ratio | 0.3 x | 0.4 x | 0.5 x |
Financial Leverage | 2.4 x | 2.7 x | 5.2 x |
USD | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|
Net Income | 61.3m | 43.1m | (272.1m) |
Depreciation and Amortization | 34.5m | 38.0m | 46.7m |
Accounts Receivable | 4.8m | (21.3m) | 15.7m |
Inventories | (12.3m) | 8.7m | (6.1m) |
Accounts Payable | (846.0k) | (4.6m) | (7.4m) |
Cash From Operating Activities | 63.2m | 73.5m | 47.8m |
Purchases of PP&E | (12.3m) | (30.5m) | (23.9m) |
Cash From Investing Activities | (4.7m) | (182.8m) | (72.2m) |
Short-term Borrowings | (38.7m) | (70.0m) | (133.0m) |
Long-term Borrowings | (64.5m) | (298.7m) | (5.5m) |
Dividends Paid | (21.4m) | (21.7m) | (17.2m) |
Cash From Financing Activities | (94.6m) | 97.4m | 51.4m |
Net Change in Cash | (36.9m) | (13.9m) | 31.0m |
Interest Paid | 22.2m | 22.1m | 33.3m |
Income Taxes Paid | 11.4m | 11.4m | 13.8m |
USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
---|---|---|---|---|---|---|---|
Net Income | 10.5m | 24.7m | 38.2m | 5.3m | 4.2m | 8.6m | 1.7m |
Depreciation and Amortization | 10.0m | 18.5m | 28.2m | 10.4m | 23.1m | 34.6m | 11.3m |
Accounts Receivable | 9.0m | 3.8m | (15.4m) | 5.0m | 18.7m | 13.9m | 14.1m |
Inventories | (15.8m) | (12.9m) | 1.0m | (9.7m) | (13.6m) | (10.4m) | (4.1m) |
Accounts Payable | (2.8m) | (10.4m) | (11.4m) | 913.0k | 1.1m | (6.4m) | 7.2m |
Cash From Operating Activities | 10.6m | 30.7m | 50.0m | (5.7m) | (2.6m) | 13.4m | 19.3m |
Purchases of PP&E | (3.8m) | (9.3m) | (17.4m) | (10.6m) | (16.3m) | (21.1m) | (2.6m) |
Cash From Investing Activities | (82.1m) | (91.4m) | (101.2m) | (10.6m) | (64.4m) | (70.3m) | 6.1m |
Short-term Borrowings | (25.0m) | (30.0m) | (35.0m) | (20.0m) | (48.0m) | (88.0m) | (32.0m) |
Long-term Borrowings | (1.3m) | (1.4m) | (3.9m) | (1.3m) | (2.6m) | (4.2m) | (1.3m) |
Dividends Paid | (5.4m) | (10.7m) | (16.1m) | (5.7m) | (11.5m) | (17.2m) | |
Cash From Financing Activities | 70.6m | 63.2m | 55.4m | 21.5m | 75.6m | 63.0m | (5.9m) |
Net Change in Cash | (1.4m) | 2.3m | 3.9m | 6.1m | 8.6m | 7.1m | 23.7m |
Interest Paid | 5.3m | 12.1m | 18.2m | 1.9m | 16.4m | 19.6m | 2.7m |
Income Taxes Paid | 2.0m | 6.3m | 9.3m | 2.1m | 8.0m | 10.3m | 2.5m |
USD | FY, 2018 |
---|---|
Revenue/Employee | 228.8k |
Debt/Equity | 0.8 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2.4 x |
FY, 2014 | FY, 2015 | Aug, 2016 | FY, 2016 | Apr, 2017 | May, 2017 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 | |
---|---|---|---|---|---|---|---|---|---|---|
Backlog | $326.47 m | $353.01 m | $370.52 m | $360.02 m | $415.16 m | $420.12 m | $457.59 m | |||
Backlog (Sensors) | $48.47 m | $69.15 m | $77.46 m | $71.68 m | ||||||
Backlog (Test and Simulation) | $311.55 m | $346.01 m | $342.65 m | $385.91 m | ||||||
Manufacturing Facilities | 16 | 16 | 16 | 16 | 15 | 15 | ||||
Order Volume | $615.59 m | $618.3 m | ||||||||
Remaining Performance Obligations | $188.5 k | $209.29 k |
FY, 2020 | |
---|---|
Black (USA), percent | 10.5% |
White (USA), percent | 69.1% |
Not Specified, percent | 13.1% |
Other | 7.3% |
FY, 2020 | |
---|---|
Female (Board of Directors), percent | 9.7% |
Female (Senior Management), percent | 8.3% |
Male (Senior Management), percent | 25% |
Female, percent | 9.3% |
Male, percent | 24% |
Male (Board of Directors), percent | 23.7% |