CTS Corporation (CTS)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 74,285 | 72,576 | 69,289 | 68,453 | 76,092 | 72,720 | 77,176 | 81,430 | 85,301 | 89,812 | 86,135 | 84,028 | 76,480 | 75,181 | 69,473 | 55,136 | 45,130 | 40,384 | 37,249 | 48,090 |
| 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 |
| Operating profit margin | 14.40% | 14.15% | 13.45% | 12.91% | 13.82% | 12.80% | 13.18% | 13.92% | 14.53% | 15.56% | 15.73% | 15.79% | 14.91% | 14.93% | 14.04% | 12.27% | 10.64% | 9.71% | 8.91% | 10.58% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $74,285K ÷ $515,701K
= 14.40%
The operating profit margin of CTS Corporation has shown fluctuations over the past few years, starting at 10.58% in March 2020 and trending upwards to reach a peak of 15.79% in March 2022. Subsequently, there was a slight decline in the margin to 12.91% by March 2024. Overall, the company's operating profit margin has generally been on an upward trajectory, indicating improved operational efficiency and profitability during the period under review. It is essential for investors and stakeholders to closely monitor this metric to assess the company's ability to generate profits from its core business activities.
Peer comparison
Dec 31, 2024