CTS Gross Profit from 2010 to 2024

CTS Stock

USD 45.64 0.15 0.33%

CTS Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 130.6 M in 2024. Gross Profit is the profit CTS Corporation makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1985-09-30

Previous Quarter

46.4 M

Current Value

42.1 M

Quarterly Volatility

16.7 M

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check CTS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CTS main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.5 M, Interest Expense of 3.5 M or Selling General Administrative of 67.3 M, as well as many exotic indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0035 or PTB Ratio of 1.63. CTS financial statements analysis is a perfect complement when working with CTS Valuation or Volatility modules.

This module can also supplement CTS's financial leverage analysis and stock options assessment as well as various CTS Technical models . Check out the analysis of CTS Correlation against competitors.

Latest CTS's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of CTS Corporation over the last few years. Gross profit is a required income statement account that reflects total revenue of CTS Corporation minus its cost of goods sold. It is profit before CTS operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. CTS's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CTS's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 214.73 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

CTS Gross Profit Regression Statistics

	Arithmetic Mean	141,026,769
	Geometric Mean	136,188,069
	Coefficient Of Variation	26.09
	Mean Deviation	27,124,021
	Median	139,063,000
	Standard Deviation	36,789,111
	Sample Variance	1353.4T
	Range	143.8M
	R-Value	0.80
	Mean Square Error	522.7T
	R-Squared	0.64
	Significance	0.0003
	Slope	6,588,206
	Total Sum of Squares	18948.1T

CTS Gross Profit History

	2024	130.6 M
	2023	190.9 M
	2022	210.5 M
	2021	184.6 M
	2020	139.1 M
	2019	157.6 M
	2018	165 M

Other Fundumenentals of CTS Corporation

Gross Profit Margin

CTS Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Good Will	Current Deferred Revenue	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.95	-0.27	0.96	0.79	0.71	0.82	-0.34	0.74	0.46	0.82	-0.53	-0.75	-0.36	0.72	0.03	0.36	0.59	0.01	0.66	0.56	0.4	0.06	-0.72	0.49	0.67	0.62	0.17
Total Stockholder Equity	0.95		-0.41	0.95	0.64	0.46	0.67	-0.49	0.76	0.25	0.74	-0.61	-0.8	-0.2	0.77	0.13	0.55	0.69	-0.25	0.73	0.61	0.49	0.07	-0.82	0.54	0.73	0.68	0.2
Net Debt	-0.27	-0.41		-0.34	-0.01	0.13	-0.24	0.02	-0.32	0.03	-0.52	0.73	0.49	0.41	-0.4	0.08	-0.53	-0.38	0.59	-0.4	-0.39	-0.46	0.01	0.25	-0.46	-0.33	-0.45	-0.39
Retained Earnings	0.96	0.95	-0.34		0.69	0.58	0.71	-0.33	0.67	0.38	0.84	-0.65	-0.71	-0.42	0.65	0.0	0.35	0.6	-0.13	0.61	0.46	0.54	0.06	-0.72	0.35	0.55	0.49	0.06
Net Receivables	0.79	0.64	-0.01	0.69		0.81	0.81	-0.16	0.55	0.86	0.71	-0.45	-0.49	-0.41	0.49	-0.03	0.2	0.38	0.11	0.37	0.42	0.02	0.08	-0.53	0.23	0.44	0.38	0.21
Total Liab	0.71	0.46	0.13	0.58	0.81		0.81	0.12	0.41	0.74	0.68	-0.14	-0.33	-0.56	0.32	-0.2	-0.21	0.14	0.59	0.25	0.23	0.04	0.01	-0.2	0.17	0.28	0.23	0.06
Total Current Assets	0.82	0.67	-0.24	0.71	0.81	0.81		0.1	0.4	0.7	0.7	-0.36	-0.39	-0.45	0.38	-0.08	0.25	0.14	0.26	0.46	0.36	0.08	0.21	-0.34	0.55	0.45	0.54	0.07
Short Term Debt	-0.34	-0.49	0.02	-0.33	-0.16	0.12	0.1		-0.65	0.25	-0.08	0.17	0.62	-0.42	-0.67	-0.29	-0.5	-0.66	0.38	-0.54	-0.57	-0.09	0.39	0.75	-0.26	-0.63	-0.5	-0.43
Intangible Assets	0.74	0.76	-0.32	0.67	0.55	0.41	0.4	-0.65		0.15	0.63	-0.45	-0.88	-0.14	0.98	-0.1	0.42	0.83	-0.16	0.81	0.9	0.2	-0.22	-0.79	0.52	0.88	0.76	0.69
Accounts Payable	0.46	0.25	0.03	0.38	0.86	0.74	0.7	0.25	0.15		0.57	-0.39	-0.11	-0.59	0.08	-0.14	-0.01	0.02	0.18	-0.01	0.07	-0.13	0.12	-0.1	0.0	0.06	0.04	0.07
Common Stock	0.82	0.74	-0.52	0.84	0.71	0.68	0.7	-0.08	0.63	0.57		-0.78	-0.68	-0.79	0.6	-0.21	0.18	0.57	-0.08	0.45	0.42	0.53	-0.08	-0.48	0.24	0.42	0.37	0.26
Long Term Debt	-0.53	-0.61	0.73	-0.65	-0.45	-0.14	-0.36	0.17	-0.45	-0.39	-0.78		0.59	0.6	-0.47	0.01	-0.48	-0.59	0.66	-0.32	-0.34	-0.55	0.04	0.5	-0.14	-0.31	-0.26	-0.28
Treasury Stock	-0.75	-0.8	0.49	-0.71	-0.49	-0.33	-0.39	0.62	-0.88	-0.11	-0.68	0.59		0.18	-0.91	-0.16	-0.47	-0.76	0.33	-0.64	-0.74	-0.49	0.08	0.82	-0.39	-0.78	-0.66	-0.55
Property Plant Equipment	-0.36	-0.2	0.41	-0.42	-0.41	-0.56	-0.45	-0.42	-0.14	-0.59	-0.79	0.6	0.18		-0.09	0.43	0.26	-0.13	-0.1	0.02	0.03	-0.39	0.13	-0.1	0.13	0.11	0.12	-0.04
Good Will	0.72	0.77	-0.4	0.65	0.49	0.32	0.38	-0.67	0.98	0.08	0.6	-0.47	-0.91	-0.09		0.01	0.54	0.81	-0.25	0.84	0.93	0.21	-0.15	-0.83	0.56	0.92	0.8	0.73
Current Deferred Revenue	0.03	0.13	0.08	0.0	-0.03	-0.2	-0.08	-0.29	-0.1	-0.14	-0.21	0.01	-0.16	0.43	0.01		0.33	-0.04	-0.32	-0.21	-0.09	0.1	0.16	-0.2	-0.03	0.07	0.0	-0.08
Net Tangible Assets	0.36	0.55	-0.53	0.35	0.2	-0.21	0.25	-0.5	0.42	-0.01	0.18	-0.48	-0.47	0.26	0.54	0.33		0.42	-0.68	0.63	0.61	-0.01	0.23	-0.69	0.63	0.67	0.71	0.47
Total Permanent Equity	0.59	0.69	-0.38	0.6	0.38	0.14	0.14	-0.66	0.83	0.02	0.57	-0.59	-0.76	-0.13	0.81	-0.04	0.42		-0.43	0.61	0.65	0.43	-0.3	-0.73	0.29	0.62	0.5	0.48
Long Term Debt Total	0.01	-0.25	0.59	-0.13	0.11	0.59	0.26	0.38	-0.16	0.18	-0.08	0.66	0.33	-0.1	-0.25	-0.32	-0.68	-0.43		-0.15	-0.22	-0.33	-0.03	0.41	-0.05	-0.19	-0.16	-0.24
Capital Surpluse	0.66	0.73	-0.4	0.61	0.37	0.25	0.46	-0.54	0.81	-0.01	0.45	-0.32	-0.64	0.02	0.84	-0.21	0.63	0.61	-0.15		0.88	-0.01	-0.03	-0.73	0.77	0.88	0.88	0.57
Deferred Long Term Liab	0.56	0.61	-0.39	0.46	0.42	0.23	0.36	-0.57	0.9	0.07	0.42	-0.34	-0.74	0.03	0.93	-0.09	0.61	0.65	-0.22	0.88		-0.08	-0.06	-0.72	0.68	0.94	0.88	0.83
Accumulated Depreciation	0.4	0.49	-0.46	0.54	0.02	0.04	0.08	-0.09	0.2	-0.13	0.53	-0.55	-0.49	-0.39	0.21	0.1	-0.01	0.43	-0.33	-0.01	-0.08		0.0	-0.27	-0.15	0.0	-0.06	-0.26
Short Long Term Debt	0.06	0.07	0.01	0.06	0.08	0.01	0.21	0.39	-0.22	0.12	-0.08	0.04	0.08	0.13	-0.15	0.16	0.23	-0.3	-0.03	-0.03	-0.06	0.0		-0.13	-0.03	-0.01	-0.02	-0.22
Long Term Investments	-0.72	-0.82	0.25	-0.72	-0.53	-0.2	-0.34	0.75	-0.79	-0.1	-0.48	0.5	0.82	-0.1	-0.83	-0.2	-0.69	-0.73	0.41	-0.73	-0.72	-0.27	-0.13		-0.36	-0.78	-0.64	-0.43
Cash And Equivalents	0.49	0.54	-0.46	0.35	0.23	0.17	0.55	-0.26	0.52	0.0	0.24	-0.14	-0.39	0.13	0.56	-0.03	0.63	0.29	-0.05	0.77	0.68	-0.15	-0.03	-0.36		0.75	0.92	0.45
Net Invested Capital	0.67	0.73	-0.33	0.55	0.44	0.28	0.45	-0.63	0.88	0.06	0.42	-0.31	-0.78	0.11	0.92	0.07	0.67	0.62	-0.19	0.88	0.94	0.0	-0.01	-0.78	0.75		0.93	0.7
Net Working Capital	0.62	0.68	-0.45	0.49	0.38	0.23	0.54	-0.5	0.76	0.04	0.37	-0.26	-0.66	0.12	0.8	0.0	0.71	0.5	-0.16	0.88	0.88	-0.06	-0.02	-0.64	0.92	0.93		0.63
Capital Stock	0.17	0.2	-0.39	0.06	0.21	0.06	0.07	-0.43	0.69	0.07	0.26	-0.28	-0.55	-0.04	0.73	-0.08	0.47	0.48	-0.24	0.57	0.83	-0.26	-0.22	-0.43	0.45	0.7	0.63

Click cells to compare fundamentals

About CTS Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include CTS income statement, its balance sheet, and the statement of cash flows. CTS investors use historical funamental indicators, such as CTS's Gross Profit, to determine how well the company is positioned to perform in the future. Although CTS investors may use each financial statement separately, they are all related. The changes in CTS's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CTS's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CTS Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CTS. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	190.9 M	130.6 M
Gross Profit Margin	0.34	0.22

Pair Trading with CTS

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CTS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CTS will appreciate offsetting losses from the drop in the long position's value.

Moving together with CTS Stock

0.79

CDW

CDW Corp Earnings Call This Week

Pair Corr

Moving against CTS Stock

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0.51	DZSI	DZS Inc Financial Report 13th of May 2024	Pair Corr
0.51	COMM	CommScope Holding Buyout Trend	Pair Corr
0.5	ADTN	ADTRAN Inc Financial Report 13th of May 2024	Pair Corr

The ability to find closely correlated positions to CTS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CTS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CTS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CTS Corporation to buy it.

The correlation of CTS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CTS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CTS Corporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for CTS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether CTS Corporation is a strong investment it is important to analyze CTS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CTS's future performance. For an informed investment choice regarding CTS Stock, refer to the following important reports:

How To Invest In CTS

Details

Is CTS Stock a good investment?

Details

What is CTS's Net Worth?

Details

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Check out the analysis of CTS Correlation against competitors.

You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running CTS's price analysis, check to measure CTS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CTS is operating at the current time. Most of CTS's value examination focuses on studying past and present price action to predict the probability of CTS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS's price. Additionally, you may evaluate how the addition of CTS to your portfolios can decrease your overall portfolio volatility.

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Is CTS's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CTS. If investors know CTS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CTS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.044

Dividend Share

0.16

Earnings Share

1.92

Revenue Per Share

17.552

Quarterly Revenue Growth

(0.12)

The market value of CTS Corporation is measured differently than its book value, which is the value of CTS that is recorded on the company's balance sheet. Investors also form their own opinion of CTS's value that differs from its market value or its book value, called intrinsic value, which is CTS's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CTS's market value can be influenced by many factors that don't directly affect CTS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between CTS's value and its price as these two are different measures arrived at by different means. Investors typically determine if CTS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CTS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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CTS Gross Profit from 2010 to 2024

Latest CTS's Gross Profit Growth Pattern

CTS Gross Profit Regression Statistics

CTS Gross Profit History

Other Fundumenentals of CTS Corporation

CTS Gross Profit component correlations

About CTS Financial Statements

Pair Trading with CTS

Moving together with CTS Stock

Moving against CTS Stock

Complementary Tools for CTS Stock analysis

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