CTS Corporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	550.42	586.87	512.93	424.07	469	Upgrade
Revenue Growth (YoY)	-6.21%	14.42%	20.95%	-9.58%	-0.32%	Upgrade
Cost of Revenue	359.56	376.33	328.31	285	311.42	Upgrade
Gross Profit	190.86	210.54	184.62	139.06	157.58	Upgrade
Selling, General & Admin	83.82	91.52	82.6	67.79	70.41	Upgrade
Research & Development	24.92	24.1	23.86	24.32	25.97	Upgrade
Other Operating Expenses	7.07	1.91	1.69	1.83	7.39	Upgrade
Operating Expenses	115.81	117.53	108.14	93.93	103.76	Upgrade
Operating Income	75.05	93.01	76.48	45.13	53.82	Upgrade
Interest Expense / Income	3.33	2.19	2.11	3.27	2.65	Upgrade
Other Expense / Income	-3.43	10.08	135.25	-3.62	0.9	Upgrade
Pretax Income	75.15	80.74	-60.88	45.48	50.27	Upgrade
Income Tax	14.62	21.16	-19.01	10.79	14.12	Upgrade
Net Income	60.53	59.58	-41.87	34.69	36.15	Upgrade
Net Income Growth	1.61%	-	-	-4.04%	-22.32%	Upgrade
Shares Outstanding (Basic)	31	32	32	32	33	Upgrade
Shares Outstanding (Diluted)	32	32	32	33	33	Upgrade
Shares Change	-2.04%	-0.28%	-0.79%	-1.57%	-1.38%	Upgrade
EPS (Basic)	1.93	1.86	-1.30	1.07	1.11	Upgrade
EPS (Diluted)	1.92	1.85	-1.30	1.06	1.09	Upgrade
EPS Growth	3.78%	-	-	-2.75%	-21.58%	Upgrade
Free Cash Flow	74.07	106.86	70.5	61.93	42.81	Upgrade
Free Cash Flow Per Share	2.36	3.34	2.18	1.92	1.31	Upgrade
Dividend Per Share	0.160	0.160	0.160	0.160	0.160	Upgrade
Gross Margin	34.68%	35.87%	35.99%	32.79%	33.60%	Upgrade
Operating Margin	13.64%	15.85%	14.91%	10.64%	11.47%	Upgrade
Profit Margin	11.00%	10.15%	-8.16%	8.18%	7.71%	Upgrade
Free Cash Flow Margin	13.46%	18.21%	13.74%	14.60%	9.13%	Upgrade
Effective Tax Rate	19.45%	26.21%	-	23.73%	28.09%	Upgrade
EBITDA	107.19	112.68	-31.84	75.42	77.53	Upgrade
EBITDA Margin	19.47%	19.20%	-6.21%	17.79%	16.53%	Upgrade
Depreciation & Amortization	28.71	29.75	26.93	26.67	24.62	Upgrade
EBIT	78.48	82.93	-58.77	48.75	52.91	Upgrade
EBIT Margin	14.26%	14.13%	-11.46%	11.50%	11.28%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).