$198.8 M

MTS Systems Revenue Q1, 2021
MTS Systems Gross profit (Q1, 2021)74.4 M
MTS Systems Gross profit margin (Q1, 2021), %37.4%
MTS Systems Net income (Q1, 2021)1.7 M
MTS Systems EBIT (Q1, 2021)4.6 M
MTS Systems Cash, 02-Jan-2021112.6 M
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MTS Systems Revenue

MTS Systems revenue was $828.59 m in FY, 2020 which is a 7.2% year over year decrease from the previous period.

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MTS Systems Funding

Summary Metrics

Founding Date

1966

MTS Systems Revenue Breakdown

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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.

MTS Systems Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

778.0m892.5m828.6m

Revenue growth, %

(1%)15%(7%)

Cost of goods sold

472.5m563.6m540.2m

Gross profit

305.5m328.9m288.4m

Gross profit Margin, %

39%37%35%

Sales and marketing expense

126.3m131.6m120.3m

R&D expense

34.8m30.9m28.1m

General and administrative expense

79.2m86.7m96.1m

Operating expense total

240.4m249.2m535.9m

EBIT

65.2m79.7m(247.5m)

EBIT margin, %

8%9%(30%)

Interest expense

25.9m31.6m34.0m

Pre tax profit

44.2m48.6m(283.7m)

Income tax expense

(17.1m)5.5m(11.7m)

Net Income

61.3m43.1m(272.1m)

EPS

3.22.2(14.2)

MTS Systems Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

71.8m57.9m88.9m

Accounts Receivable

122.2m121.3m128.7m

Prepaid Expenses

24.6m23.8m24.4m

Inventories

139.1m167.2m174.2m

Current Assets

428.2m450.5m501.0m

PP&E

90.3m101.1m95.1m

Goodwill

369.3m429.0m228.6m

Total Assets

1.1b1.3b1.2b

Accounts Payable

47.9m46.8m51.6m

Dividends Payable

5.3m5.7m

Short-term debt

32.7m28.0m42.8m

Current Liabilities

239.1m251.6m296.9m

Long-term debt

355.6m484.6m541.7m

Total Debt

388.4m512.6m584.6m

Total Liabilities

661.5m813.9m929.0m

Common Stock

4.5m4.8m4.8m

Additional Paid-in Capital

171.4m182.4m189.6m

Retained Earnings

300.6m315.3m31.8m

Total Equity

477.9m484.1m221.2m

Debt to Equity Ratio

0.8 x1.1 x2.6 x

Debt to Assets Ratio

0.3 x0.4 x0.5 x

Financial Leverage

2.4 x2.7 x5.2 x

MTS Systems Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

61.3m43.1m(272.1m)

Depreciation and Amortization

34.5m38.0m46.7m

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

63.2m73.5m47.8m

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)97.4m51.4m

Net Change in Cash

(36.9m)(13.9m)31.0m

Interest Paid

22.2m22.1m33.3m

Income Taxes Paid

11.4m11.4m13.8m

MTS Systems Ratios

USDFY, 2018

Revenue/Employee

228.8k

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.4 x

MTS Systems Operating Metrics

MTS Systems's Backlog was reported to be $457.6m in FY, 2020.
FY, 2014FY, 2015Aug, 2016FY, 2016Apr, 2017May, 2017FY, 2017FY, 2018FY, 2019FY, 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

161616161515

Order Volume

$615.59 m$618.3 m

Remaining Performance Obligations

$188.5 k$209.29 k

MTS Systems Human Capital

Ethnicity

FY, 2020
Black (USA), percent10.5%
White (USA), percent69.1%
Not Specified, percent13.1%
Other7.3%

Gender

FY, 2020
Female (Board of Directors), percent9.7%
Female (Senior Management), percent8.3%
Male (Senior Management), percent25%
Female, percent9.3%
Male, percent24%
Male (Board of Directors), percent23.7%

MTS Systems Employee Rating

3.8295 votes
Culture & Values
2.8
Work/Life Balance
3.1
Senior Management
2.5
Salary & Benefits
3
Career Opportunities
2.7
Source