CTS Corporation (CTS)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 36.74% | 35.80% | 34.99% | 34.76% | 34.68% | 35.18% | 35.32% | 35.52% | 35.87% | 36.08% | 36.62% | 36.90% | 35.99% | 35.49% | 34.33% | 33.10% | 32.79% | 32.46% | 32.35% | 32.98% |
| 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% |
| Pretax margin | 13.81% | 13.94% | 13.16% | 12.47% | 13.65% | 13.78% | 13.13% | 13.28% | 13.76% | 12.95% | -5.92% | -9.38% | -11.87% | -11.18% | 9.66% | 12.08% | 10.72% | 9.36% | 7.64% | 9.24% |
| 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% |
CTS Corporation's profitability ratios have shown fluctuations over the past few years.
1. Gross Profit Margin: The trend in the gross profit margin has been positive, increasing from 32.98% on March 31, 2020, to 36.74% on December 31, 2024. This indicates an improvement in the company's ability to generate profits from its revenue after deducting the cost of goods sold.
2. Operating Profit Margin: The operating profit margin has also displayed a mixed pattern, with some periods of growth and decline. It rose from 10.58% on March 31, 2020, to a peak of 15.79% on March 31, 2022, before dropping to 14.40% on December 31, 2024. This ratio reflects the company's efficiency in managing its operating expenses relative to its revenue.
3. Pretax Margin: The pretax margin has been volatile, fluctuating widely from negative values on September 30, 2021, and December 31, 2021, to positive values in the subsequent quarters. This indicates fluctuations in the company's profitability before accounting for taxes.
4. Net Profit Margin: Similarly, the net profit margin has shown variability, with negative margins in some quarters due to losses incurred by the company. However, there has been an overall improvement from -8.16% on December 31, 2021, to 11.27% on December 31, 2024. This ratio reflects the company's ability to generate profit after all expenses have been deducted, including taxes.
In conclusion, while CTS Corporation has demonstrated improvements in its gross profit margin and overall profitability ratios over the analyzed period, there have been fluctuations and challenges in maintaining consistent profitability, as evidenced by the variability in operating, pretax, and net profit margins.
Return on investment
| 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 return on assets (Operating ROA) | 9.70% | 9.19% | 9.55% | 9.34% | 10.27% | 9.65% | 10.21% | 10.90% | 11.40% | 12.22% | 11.81% | 12.27% | 11.51% | 11.53% | 10.73% | 8.69% | 7.21% | 6.16% | 5.61% | 7.02% |
| Return on assets (ROA) | 7.59% | 7.58% | 7.60% | 7.27% | 8.17% | 7.98% | 7.67% | 7.72% | 7.96% | 7.32% | -3.00% | -4.91% | -6.30% | -5.53% | 6.01% | 6.75% | 5.54% | 4.54% | 3.23% | 4.16% |
| Return on total capital | 7.67% | 14.79% | 14.47% | 14.74% | 15.95% | 16.60% | 17.38% | 18.21% | 19.18% | 18.43% | -5.00% | -9.96% | -12.52% | -12.08% | 10.54% | 12.36% | 10.69% | 10.08% | 10.06% | 13.15% |
| Return on equity (ROE) | 5.71% | 11.27% | 10.54% | 10.23% | 11.49% | 11.51% | 11.12% | 11.22% | 11.77% | 10.97% | -4.51% | -7.00% | -9.03% | -7.89% | 8.56% | 9.84% | 8.19% | 7.20% | 5.35% | 7.18% |
CTS Corporation's profitability ratios show a varying trend over the years.
- The Operating return on assets (Operating ROA) has been increasing steadily, reaching its peak at 12.27% as of March 31, 2022, indicating the company's ability to generate profits from its operations relative to its asset base.
- The Return on assets (ROA) experienced fluctuations but generally improved over time, with a slight decline in the most recent period. This ratio stood at 9.70% as of December 31, 2024, demonstrating the company's ability to generate profits from its total assets.
- The Return on total capital also displayed fluctuations but showed a positive upward trend, with significant improvements in recent periods. As of December 31, 2024, this ratio was at 7.67%, indicating the company's ability to generate returns from its total capital invested.
- The Return on equity (ROE) followed a similar pattern to the ROA ratios, with improvements over time but with some periods of negative returns. As of December 31, 2024, the ROE stood at 5.71%, showcasing the company's ability to generate returns for its shareholders.
Overall, CTS Corporation has shown improvements in its profitability metrics over the years, with a positive trend in most ratios, highlighting its ability to generate profits and returns for both its operations and capital investments.