Company Analysis

CTS Corporation (CTS)

NYSE: CTS · Printed Circuit Boards · Lisle, IL · filing with the SEC since 1994
Grade6.0
◀ Past 5.4● Present 5.9▶ Future 6.8

The grade of CTS Corporation

Nine metrics read from its own filings, by tense
Headline grade
6.0/10
◀ Past5.430% of the headline
● Present5.940% of the headline
▶ Future6.830% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.4/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.1/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 71st percentile among 12 sector filers · read for itself

From the record

CTS Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.3/10

What has it actually done, year after year?

+3.5% a year over 10 filed years; profitable in 9 of 10.

weight 45% of this tense · 33rd percentile among 11 sector filers · read for its customers

From the record

CTS Corporation's 10 filed years say what it did: revenue went from $397 million in fiscal 2016 to $541 million in fiscal 2025, up 3.5% a year; it rose in 5 of 9 years; the deepest fall was 12% from fiscal 2022 to fiscal 2024; net income was positive in 9 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span3.5%bottom 32% of its family
  • the share of years revenue rosebottom 18% of its family
  • the share of filed years with a profitbottom 32% of its family
  • the deepest fall from a revenue peak12.3%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.0/10

How has it treated the people who own it?

Share count shrank 2.6% a year. 53% of cash flow returned. Insiders: 4 sales, 0 purchases.

weight 22% of this tense · 70th percentile among 11 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, CTS Corporation's diluted share count shrank about 2.6% a year, and dividends and buybacks returned about 53% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 4 sales (3 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-09 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 37% of its family
  • cash returned against operating cash flowtop 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.9/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
7.9/10

Is it financially healthy right now?

ROE 12%: 12¢ of profit per shareholder dollar. Leverage 28%: owes 28¢ per asset dollar.

weight 45% of this tense · 79th percentile among 12 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, CTS Corporation earned about 12 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 27 cents per dollar of everything the company owns. Leverage: it owed about 28 cents per dollar of assets, and net share issuance: its share count shrank 3.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 12% of its family
  • return on equitytop 37% of its family
  • gross profit against assetstop 4% of its family
  • the share count against the year beforetop 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.1/10

How strong is its position in its industry?

top 49% of 12 in its family; net margin 12.1%.

weight 33% of this tense · 51st percentile among 12 sector filers · read for its customers

From the record

CTS Corporation's standing among 12 graded names in its industry family: revenue of $541 million in fiscal 2025 ranks in the bottom 29% by size; a net margin of 12.1% ranks in the top 4%; revenue growth of -2.7% a year over the last 3 filed years ranks in the bottom 29% (its annual reports).

What it rests on

  • revenue against the family$541Mbottom 29% of its family
  • net margin12.1%top 4% of its family
  • three-year revenue growth-2.7%bottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.9/10

What are the people in charge doing?

bottom 28% of 9 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 28th percentile among 9 sector filers · read for its shareholders

From the record

CTS Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Trivedi, Pratik (President & CEO, as filed), filing under that title since 2026-07-07, 4 months (bottom 6% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 3.8 years (bottom 39%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 41%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 13 peoplebottom 41% of its family
  • the median years the people in charge have filed3.8 yearsbottom 39% of its family
  • the chief executive's years on the record5 monthsbottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.8/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
8.8/10

How much room does it have to grow?

top 11% of 12 in its family for room to expand.

weight 45% of this tense · 89th percentile among 12 sector filers · read for itself

From the record

CTS Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $82 million against no long-term debt tagged leaves 10.8% of its assets as net cash, top 21% of its family; cash from operations less capital spending is 16% of revenue (top 4%); a gross margin of 38.4% (top 4%); research spending of 4.7% of revenue (top 17%) (its annual report).

What it rests on

  • cash less debt against assets10.8%top 21% of its family
  • cash from operations less capital spending against revenue16.0%top 4% of its family
  • gross margin38.4%top 4% of its family
  • research spending against revenue4.7%top 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.1/10

What could actually drive growth from here?

bottom 41% of 11 in its family for growth drivers.

weight 33% of this tense · 41st percentile among 11 sector filers · read for its customers

From the record

CTS Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew -2.7% a year over the last three filed years against 3.5% over all 10, slowing (bottom 14% of its family); the newest year grew 5.2% (bottom 32%); research spending grew 1.6% a year (top 50%); capital spending grew 3.2% a year (top 32%) (its annual reports). CTS Corporation tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-6.2 points a yearbottom 14% of its family
  • the newest year's revenue growth5.2%bottom 32% of its family
  • three-year growth of research spending1.6%top 50% of its family
  • three-year growth of capital spending3.2%top 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.8/10

Did its newest year beat what its own record pointed to?

top 32% of 10 in its family for expectations against reality.

weight 22% of this tense · 68th percentile among 10 sector filers · read for its shareholders

From the record

CTS Corporation's newest year against its own record: revenue of $541 million in fiscal 2025 came in 12.3% above the $482 million its prior three years' pace pointed to (top 35% of its family); net income of $65 million against a prior three-year average of $59 million (top 35%); a net margin of 12.1% against 10.6% before (top 25%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace12.3%top 35% of its family
  • net income against the prior three years' average+12%top 35% of its family
  • net margin against its prior average+1.4 pointstop 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CTS · research, not advice