CTS Corporation (CTS)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 58,115 59,829 55,117 53,307 60,532 60,152 57,979 57,680 59,575 53,800 -21,894 -33,617 -41,866 -36,084 38,885 42,867 34,685 29,800 21,449 28,535
Revenue (ttm) US$ in thousands 515,701 512,960 515,088 530,178 550,422 568,009 585,368 585,168 586,869 577,119 547,590 532,193 512,925 503,412 494,807 449,419 424,067 416,089 417,963 454,450
Net profit margin 11.27% 11.66% 10.70% 10.05% 11.00% 10.59% 9.90% 9.86% 10.15% 9.32% -4.00% -6.32% -8.16% -7.17% 7.86% 9.54% 8.18% 7.16% 5.13% 6.28%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $58,115K ÷ $515,701K
= 11.27%

The net profit margin of CTS Corporation has shown fluctuations over the analyzed period. Starting from March 2020, the net profit margin stood at 6.28% and saw a decrease to 5.13% by June 2020. However, it then recovered and increased to 7.16% by September 2020 and further to 8.18% by December 2020.

Subsequently, there was a notable improvement in the net profit margin, reaching 9.54% by March 2021, followed by a slight decrease to 7.86% by June 2021. The trend then took a negative turn, with the net profit margin dropping significantly to -7.17% by September 2021 and further to -8.16% by December 2021.

Throughout 2022, the net profit margin remained negative but showed signs of recovery, improving from -6.32% in March to -4.00% in June. By September 2022, there was a substantial positive change, with the net profit margin standing at 9.32%.

This positive trend continued into 2023, with the net profit margin gradually increasing to 11.00% by December 2023. In the first half of 2024, the net profit margin continued to improve, reaching 10.70% by June and further increasing to 11.66% by September 2024. Finally, by December 2024, the net profit margin reached 11.27%.

Overall, CTS Corporation's net profit margin has displayed a mix of positive and negative performance trends, but the company has shown resilience and improvement in profitability over the analyzed period, ending with a healthy net profit margin of 11.27% as of December 2024.