CTS on NYSE
CTS CORP
American printed circuit boards company based in Lisle, incorporated in Indiana2
In its 2026 annual report the company says: “CTS Corporation is a global manufacturer of sensors, connectivity components, and actuators. We design, manufacture, and sell a broad line of sensors, connectivity components, and actuators primarily to original equipment manufacturers, tier one suppliers for the aerospace and defense, industrial, medical, and transportation markets, and the U.S. Government.”5
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Last updated Oct 21, 2026.
Overview
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- TickerCTS on NYSE2
- IndustryPrinted Circuit Boards2
- HeadquartersLisle, United States2
- Incorporated inIN3
- Business address4925 Indiana Avenue, Lisle, Il 605323
- Filer categoryLarge accelerated filer3
- Legal formFor-Profit Corporation2
- LEI549300YV1HQLBVHOI6492
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O CORPORATE CREATIONS NETWORK INC., 46250 Indianapolis, United States2
- Registered withBusiness Services Division (Secretary of State), 194100-0622
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CTS Corporation ("CTS", "we", "our", "us" or the "Company") is a global manufacturer of sensors, connectivity components, and actuators. CTS was established in 1896 as a provider of high-quality telephone products and was incorporated as an Indiana corporation in February 1929. Our principal executive offices are located in Lisle, Illinois.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue62¢$333.3M
- Research and development5¢$25.3M
- Selling, general and admin18¢$98.7M
- Income tax3¢$18.5M
- Profit12¢$65.3M
Out of $541.3M in revenue.6
Where each dollar of operating cash went, fiscal 2025
- Dividends paid5¢$4.8M
- Share buybacks55¢$56.2M
- Kept or used elsewhere40¢$41.2M
Out of $102.1M of cash from operations.6
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net sales | $541.3M | $514.8M | $550.4M |
| Cost of goods sold | $333.3M | $327.2M | $359.6M |
| Gross margin | $208.0M | $187.6M | $190.9M |
| Selling, general and administrative expenses | $98.7M | $88.3M | $83.8M |
| Research and development expenses | $25.3M | $23.4M | $24.9M |
| Restructuring charges | $1.4M | $4.7M | $7.1M |
| Operating earnings | $82.6M | $71.2M | $75.1M |
| Interest expense | -$4.3M | -$4.2M | -$3.3M |
| Interest income | $2.1M | $4.3M | $4.6M |
| Other income (expense), net | $3.3M | -$2.6M | -$1.2M |
| Total other income (expense), net | $1.1M | -$2.6M | $102.0K |
| Earnings before taxes | $83.8M | $68.6M | $75.2M |
| Income tax expense | $18.5M | $13.1M | $14.6M |
| Net earnings | $65.3M | $55.5M | $60.5M |
| Basic | $2.21 | $1.82 | $1.93 |
| Diluted | $2.19 | $1.81 | $1.92 |
| Basic weighted-average common shares outstanding | 29.5M shares | 30.4M shares | 31.4M shares |
| Effect of dilutive securities | 298.0K shares | 309.0K shares | 220.0K shares |
| Diluted weighted - average common shares outstanding: | 29.8M shares | 30.7M shares | 31.6M shares |
| Cash dividends declared per share | $0.16 | $0.16 | $0.16 |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $82.3M | $94.3M | ||
| Accounts receivable, net | $88.1M | $77.6M | $78.6M | |
| Inventories, net | $52.9M | $52.3M | ||
| Other current assets | $29.5M | $17.9M | ||
| Total current assets | $252.7M | $242.2M | ||
| Property, plant and equipment, net | $89.7M | $94.4M | ||
| Operating lease assets, net | $22.5M | $22.9M | ||
| Goodwill | $209.6M | $201.3M | $157.6M | |
| Other intangible assets, net | $153.6M | $163.9M | ||
| Deferred income taxes | $25.1M | $27.6M | ||
| Other assets | $11.0M | $13.2M | ||
| Total other assets | $399.3M | $406.0M | ||
| Total Assets | $764.3M | $765.4M | ||
| Accounts payable | $48.2M | $42.6M | ||
| Operating lease obligations | $3.5M | $4.7M | ||
| Accrued payroll and benefits | $20.7M | $15.8M | ||
| Accrued expenses and other liabilities | $37.3M | $35.4M | ||
| Total current liabilities | $109.7M | $98.5M | ||
| Long-term debt | $57.5M | $92.3M | ||
| Long-term operating lease obligations | $21.8M | $21.1M | ||
| Long-term pension obligations | $3.7M | $3.9M | ||
| Deferred income taxes | $12.8M | $12.7M | ||
| Other long-term obligations | $7.0M | $8.7M | ||
| Total Liabilities | $212.5M | $237.2M | ||
| Common stock | $325.0M | $322.0M | ||
| Additional contributed capital | $43.3M | $44.7M | ||
| Retained earnings | $713.5M | $652.9M | ||
| Accumulated other comprehensive income (loss) | $13.7M | -$4.3M | ||
| Total shareholders' equity before treasury stock | $1.1B | $1.0B | ||
| Treasury stock | -$543.7M | -$487.0M | ||
| Total shareholders' equity | $551.8M | $528.2M | $526.8M | $506.2M |
| Total Liabilities and Shareholders' Equity | $764.3M | $765.4M |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $82.3M | $94.3M | ||
| Accounts receivable, net | $88.1M | $77.6M | $78.6M | |
| Inventories, net | $52.9M | $52.3M | ||
| Other current assets | $29.5M | $17.9M | ||
| Total current assets | $252.7M | $242.2M | ||
| Property, plant and equipment, net | $89.7M | $94.4M | ||
| Operating lease assets, net | $22.5M | $22.9M | ||
| Goodwill | $209.6M | $201.3M | $157.6M | |
| Other intangible assets, net | $153.6M | $163.9M | ||
| Deferred income taxes | $25.1M | $27.6M | ||
| Other assets | $11.0M | $13.2M | ||
| Total other assets | $399.3M | $406.0M | ||
| Total Assets | $764.3M | $765.4M | ||
| Accounts payable | $48.2M | $42.6M | ||
| Operating lease obligations | $3.5M | $4.7M | ||
| Accrued payroll and benefits | $20.7M | $15.8M | ||
| Accrued expenses and other liabilities | $37.3M | $35.4M | ||
| Total current liabilities | $109.7M | $98.5M | ||
| Long-term debt | $57.5M | $92.3M | ||
| Long-term operating lease obligations | $21.8M | $21.1M | ||
| Long-term pension obligations | $3.7M | $3.9M | ||
| Deferred income taxes | $12.8M | $12.7M | ||
| Other long-term obligations | $7.0M | $8.7M | ||
| Total Liabilities | $212.5M | $237.2M | ||
| Common stock | $325.0M | $322.0M | ||
| Additional contributed capital | $43.3M | $44.7M | ||
| Retained earnings | $713.5M | $652.9M | ||
| Accumulated other comprehensive income (loss) | $13.7M | -$4.3M | ||
| Total shareholders' equity before treasury stock | $1.1B | $1.0B | ||
| Treasury stock | -$543.7M | -$487.0M | ||
| Total shareholders' equity | $551.8M | $528.2M | $526.8M | $506.2M |
| Total Liabilities and Shareholders' Equity | $764.3M | $765.4M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net earnings | $65.3M | $55.5M | $60.5M |
| Depreciation and amortization | $34.5M | $30.9M | $28.7M |
| Non-cash inventory charges | $0 | $2.1M | |
| Pensions and other post-retirement plan expense | $168.0K | $302.0K | $135.0K |
| Stock-based compensation | $4.9M | $5.7M | $5.2M |
| Restructuring non-cash charges | $0 | $1.5M | |
| Deferred income taxes | -$412.0K | -$2.8M | -$4.0M |
| Change in fair value of contingent consideration liability | -$3.6M | -$1.8M | $200.0K |
| (Gain) loss on foreign currency hedges, net of cash | -$320.0K | -$575.0K | $154.0K |
| Goodwill prior period adjustment | -$2.2M | ||
| Accounts receivable | -$7.4M | $27.0K | $12.6M |
| Inventories | $1.4M | $12.5M | $2.4M |
| Operating lease assets | $397.0K | $4.2M | -$3.7M |
| Other assets | -$2.7M | $1.7M | $767.0K |
| Accounts payable | $4.2M | -$1.8M | -$9.8M |
| Accrued payroll and benefits | $3.4M | $1.8M | -$6.5M |
| Operating lease liabilities | -$545.0K | -$4.2M | $3.7M |
| Accrued expenses and other liabilities | $5.1M | -$5.1M | -$2.8M |
| Pension and other post-retirement plans | -$147.0K | -$227.0K | -$110.0K |
| Net cash provided by operating activities | $102.1M | $98.2M | $88.8M |
| Capital expenditures | -$15.7M | -$18.6M | -$14.7M |
| Payments for acquisitions, net of cash acquired | $0 | -$121.9M | -$3.4M |
| Short-term investments | -$2.8M | ||
| Net cash used in investing activities | -$18.5M | -$140.6M | -$18.1M |
| Payments of long-term debt | -$1.1B | -$890.8M | -$774.5M |
| Proceeds from borrowings of long-term debt | $1.1B | $915.6M | $758.4M |
| Purchase of treasury stock | -$56.2M | -$42.6M | -$40.9M |
| Dividends paid | -$4.8M | -$4.9M | -$5.0M |
| Taxes paid on behalf of equity award participants | -$2.7M | -$3.1M | -$3.3M |
| Contingent consideration payments | $0 | -$1.1M | |
| Net cash used in financing activities | -$98.4M | -$26.9M | -$65.4M |
| Effect of exchange rate on cash and cash equivalents | $2.8M | -$340.0K | $1.7M |
| Net (decrease) increase in cash and cash equivalents | -$12.0M | -$69.5M | $7.0M |
| Cash paid for interest | $4.0M | $4.2M | $3.1M |
| Cash paid for income taxes, net | $16.8M | $16.6M | $20.2M |
| Capital expenditures incurred not paid | $1.7M | $2.3M | $2.0M |
| Excise taxes on purchase of treasury stock incurred not paid | $517.0K | $382.0K | $359.0K |
No quarter-by-quarter statement was filed.
Corporate structure
CTS CORP sits at the top of its group. 40 entities, 12 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of CTS CORP
- GAMCO Investors Filed SCHEDULE 13D/A on CTS CORP, latest Aug 5, 2026 (2 filings since Apr 3, 2023)
- WASATCH ADVISORS LP Filed SCHEDULE 13G/A on CTS CORP, latest Jul 13, 2026 (4 filings since Nov 14, 2024)
- VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on CTS CORP, latest Apr 29, 2026
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on CTS CORP, latest Mar 26, 2026 (4 filings since Feb 9, 2022)
- T. Rowe Price Investment Management, Inc. Filed SCHEDULE 13G/A on CTS CORP, latest Nov 14, 2025 (6 filings since Nov 10, 2022)
- BlackRock Filed SCHEDULE 13G/A on CTS CORP, latest Oct 17, 2025 (6 filings since Jan 25, 2022)
- EARNEST PARTNERS LLC Filed SCHEDULE 13G/A on CTS CORP, latest Aug 14, 2025 (3 filings since Feb 14, 2023)
- PRICE T ROWE ASSOCIATES INC /MD/ Filed SC 13G/A on CTS CORP, latest Feb 14, 2023 (3 filings since Feb 14, 2022)
- DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on CTS CORP, latest Feb 8, 2022
- Wellington Management Company Filed SC 13G/A on CTS CORP, latest Feb 4, 2022
- CTS CORP Lisle, Illinois, United States
- Componentes de Calidad, S. de R.L. de C.V. Subsidiary · Mexico
- CTS Advanced Materials, LLC Subsidiary · Delaware, United States
- CTS Automotive Holdings 2, LLC Subsidiary · Illinois, United States
- CTS Automotive Holdings, LLC Subsidiary · Delaware, United States
- CTS Automotive, L.L.C Subsidiary · Illinois, United States
- CTS Ceramics Czech Republic s.r.o. Subsidiary · Czechia
- CTS Ceramics Denmark A/S Subsidiary · Helsingør, Denmark
- CTS Components Taiwan, Ltd. Subsidiary · Taiwan
- CTS Corporation U.K. Limited Subsidiary · United Kingdom
- CTS Czech Republic s.r.o. Subsidiary · Czechia
- CTS Denmark A/S Subsidiary · Denmark
- CTS Denmark Holding A/S Subsidiary · Denmark
- CTS Electro de Matamoros, S de R.L. de C.V. Subsidiary · Mexico
- CTS Electro de Mexico S. de R.L. de C.V. Subsidiary · Mexico
- CTS Electronic Components (California), Inc. Subsidiary · California, United States
- CTS Electronic Components, Inc. Subsidiary · Delaware, United States
- CTS Europe GmbH Subsidiary · Germany
- CTS India Private Limited Subsidiary · India
- CTS International B.V. Subsidiary · Netherlands
- CTS Japan, Inc. Subsidiary · Japan
- CTS NA Services, S. de R.L. de C.V. Subsidiary · Mexico
- CTS Overseas Holdings B.V. Subsidiary · Netherlands
- CTS Printex, Inc. Subsidiary · California, United States
- CTS SRL-CV Holdings 1, LLC Subsidiary · Illinois, United States
- CTS Valpey Corporation Subsidiary · Maryland, United States
- and 14 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What CTS CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $260.3M6 Dec 31, 2025 | $245.0M6 Dec 31, 2024 | +6.3% |
| Property and equipment, net | $89.7M6 Dec 31, 2025 | $94.4M6 Dec 31, 2024 | −4.9% |
| Operating-lease assets (leased space) | $22.5M6 Dec 31, 2025 | $22.9M6 Dec 31, 2024 | −1.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $82.3M6 Dec 31, 2025 | $94.3M6 Dec 31, 2024 | −12.8% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $209.6M6 Dec 31, 2025 | $201.3M6 Dec 31, 2024 | +4.1% |
| Finite-lived intangibles, gross | $279.1M6 Dec 31, 2025 | $271.6M6 Dec 31, 2024 | +2.8% |
| Accumulated amortization | $125.5M6 Dec 31, 2025 | $107.7M6 Dec 31, 2024 | +16.5% |
| Finite-lived intangibles, net | $153.6M6 Dec 31, 2025 | $163.9M6 Dec 31, 2024 | −6.3% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $52.9M6 Dec 31, 2025 | $52.3M6 Dec 31, 2024 | +1.0% |
| Raw materials | $30.7M6 Dec 31, 2025 | $31.8M6 Dec 31, 2024 | −3.4% |
| Work in process | $24.4M6 Dec 31, 2025 | $22.3M6 Dec 31, 2024 | +9.3% |
| Finished goods | $11.4M6 Dec 31, 2025 | $12.1M6 Dec 31, 2024 | −6.1% |
Properties, in its own words
As of December 31, 2025, we had manufacturing facilities, administrative, research and development and sales offices in the following locations:
Manufacturing Facilities · Owned/Leased
The rest of Item 2
Albuquerque, New Mexico · Leased
Boise, Idaho · Leased
Calamba, Philippines · Leased
Cranston, Rhode Island · Leased
Kaohsiung, Taiwan · Leased(1)
Kvistgaard, Denmark · Leased
Lisle, Illinois · Leased
Lublin, Poland · Leased
Matamoros, Mexico · Owned
Matamoros, Mexico · Leased
Tecate, Mexico · Leased
Nogales, Mexico · Leased
Nupaky, Czech Republic · Leased
Ostrava, Czech Republic · Leased
Tianjin, China · Owned(2)
Zhongshan, China · Leased
Ground lease through 2036; restrictions on use and transfer apply.
Land Use Rights Agreement through 2050 includes transfer, lease and mortgage rights.
Selected China, Czech Republic, and Denmark locations above also maintain sales offices.
Non-Manufacturing Facilities · Owned/Leased · Description
Boise, Idaho · Leased · Warehouse
Brownsville, Texas · Owned · Land
Brownsville, Texas · Leased · Warehouse
Elkhart, Indiana · Owned · Idle facility
Elkhart, Indiana · Owned · Administrative and research offices
Farmington Hills, Michigan · Leased · Sales office
Kaohsiung, Taiwan · Leased · Administrative and research offices
Lisle, Illinois · Leased · Administrative and research offices
Matamoros, Mexico · Leased · Administrative offices
Nagoya, Japan · Leased · Sales office
Nogales, Mexico · Leased · Warehouse and administrative offices
Rüsselsheim, Germany · Leased · Administrative and sales office
Singapore · Leased · Sales office
Tecate, Mexico · Leased · Warehouse and administrative offices
Tecate, Mexico · Owned · Idle facility
Yokohama, Japan · Leased · Sales office
Zug, Switzerland · Leased · Administrative, sales and research offices
We regularly assess our facilities for manufacturing capacity, available labor, and proximity to our markets and major customers. Management believes our manufacturing facilities are suitable and adequate and have sufficient capacity to meet our current needs. The extent of utilization varies from plant to plant and with economic conditions. We also review the operating costs of our facilities and may from time-to-time relocate a portion of our manufacturing activities in order to reduce operating costs and improve asset utilization and cash flow.
Item 2 of the 10-K filed Feb 24, 2026.5
Leadership
Who has led CTS CORP, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerPratik Trivedi Jul 7, 2026 to now15
- Chief executive officerKieran M. O'Sullivan Jan 9, 2013 to Jul 7, 202616
- Chief executive officerVinod M. Khilnani Jul 3, 2007 to Jan 3, 201317
- Chief executive officerDonald K. Schwanz Jun 9, 2006 to Jun 12, 200718
- ChairKieran M. O'Sullivan Jan 9, 2015 to Mar 3, 201519
- ChairVinod M. Khilnani Jun 3, 2009 to May 2, 201320
- PresidentPratik Trivedi Jul 7, 2026 to now15
- PresidentKieran M. O'Sullivan Jan 9, 2013 to Jul 7, 202616
- PresidentVinod M. Khilnani Jul 3, 2007 to Jan 3, 201317
- Chief financial officerThomas A. Kroll Sep 13, 2011 to Jun 11, 201321
- Chief financial officerDonna L. Belusar Jan 24, 2008 to Jun 7, 201122
- Chief financial officerMatthew W. Long Sep 13, 2007 to Sep 13, 200723
- Chief financial officerVinod M. Khilnani Jun 9, 2006 to Jun 12, 200724
- Chief operating officerPratik Trivedi May 12, 2026 to now25
Board members and other officers (42)
- Senior Vice PresidentJohn M. Hawkins May 1, 2026 to now26
- Vice President-Human ResourcesHeather Pehlke Spitler Aug 31, 2026 to now27
- Senior Vice PresidentPratik Trivedi May 9, 2024 to now28
- Senior Vice PresidentMartin Baumeister Aug 25, 2022 to Feb 11, 202529
- Senior Vice PresidentMichael Edward Murray Aug 25, 2022 to Feb 13, 202330
- VP & SecretaryScott D'Angelo Feb 16, 2021 to Feb 11, 202531
- Vice PresidentRajeeb K. Nath Jul 6, 2015 to Aug 4, 201532
- V.P. Gen. Counsel & SecretaryJohn Richard Dudek May 30, 2012 to May 21, 201333
- Vice PresidentLawrence Joseph Lyng Iii. May 30, 2012 to Feb 15, 201334
- Vice PresidentScott A. Bowmar Nov 9, 2012 to Feb 13, 201335
- V.P. Gen. Counsel & Asst. Sec.Anastacia S. Kilian Sep 7, 2011 to Sep 7, 201136
- Vice PresidentDennis Paul Thornton Dec 9, 2009 to Feb 15, 201337
- Vice PresidentBret Robertson Feb 11, 2008 to Jun 21, 201038
- Vice PresidentMohan S. Mahadevan Feb 12, 2008 to Jun 8, 201039
- Executive Vice PresidentDonald R. Schroeder Jan 17, 2006 to Jun 9, 201140
- Senior Vice PresidentH. Tyler Buchanan Jan 17, 2006 to Apr 17, 200941
- Vice PresidentRai Rohit Feb 6, 2006 to Jun 19, 200742
- Senior VP AdministrationJames L. Cummins Jun 9, 2006 to Aug 25, 200943
- TreasurerMatthew W. Long Jun 9, 2006 to Feb 10, 201144
- V.P. Gen. Counsel & SecretaryRichard G. Cutter Jun 9, 2006 to Apr 30, 201245
- V.P. and ControllerThomas A. Kroll Jun 9, 2006 to Jun 9, 201146
- Board memberPratik Trivedi Jul 7, 2026 to now15
- Board memberKimberly Banks Mackay Nov 10, 2025 to now47
- Board memberAmy M. Dodrill Feb 9, 2024 to now48
- Board memberRandy Lee Stone Feb 10, 2023 to now49
- Board memberDonna Costello Feb 16, 2021 to now50
- Board memberYe Jane Li May 18, 2020 to Nov 14, 202251
- Board memberAlfonso G. Zulueta Apr 18, 2018 to now52
- Board memberKieran M. O'Sullivan Feb 13, 2013 to now53
- Board memberGordon Hunter Feb 10, 2011 to Nov 5, 202154
- Board memberDiana M. Murphy Dec 1, 2010 to Nov 8, 201955
- Board memberDonald K. Schwanz Sep 14, 2007 to Sep 14, 200756
- Board memberBob Profusek Dec 7, 2006 to now57
- Board memberGerald H. Frieling Jr. Dec 7, 2006 to Dec 5, 200858
- Board memberLawrence J. Ciancia Dec 7, 2006 to Nov 14, 201659
- Board memberMichael A. Henning Dec 7, 2006 to Dec 9, 201460
- Board memberPatricia K. Collawn Dec 7, 2006 to Nov 6, 202061
- Board memberRoger R. Hemminghaus Dec 7, 2006 to Dec 16, 201162
- Board memberThomas G. Cody Dec 7, 2006 to Dec 9, 201463
- Board memberWalter S. Catlow Dec 7, 2006 to Nov 13, 201764
- General counselMark R. Pacioni Jul 10, 2025 to now65
- General counselLuis Francisco Machado Aug 26, 2015 to Feb 7, 202066
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- CTS Advanced Materials, LLC Delaware4
- CTS Automotive Holdings 2, LLC Illinois4
- CTS Automotive Holdings, LLC Delaware4
- CTS Automotive, L.L.C Illinois4
- CTS Ceramics Czech Republic s.r.o. Czech Republic4
- CTS Components Taiwan, Ltd. Republic of China4
- CTS Corporation Delaware4
- CTS Corporation U.K. Limited Scotland4
- CTS Czech Republic s.r.o. Czech Republic4
- CTS Denmark A/S Denmark4
- CTS Denmark Holding A/S Denmark4
- CTS Electro de Matamoros, S de R.L. de C.V. Mexico4
- CTS Electro de Mexico S. de R.L. de C.V. Mexico4
- CTS Electronic Components (California), Inc. California4
- CTS Electronic Components, Inc. Delaware4
- CTS Europe GmbH Germany4
- CTS India Private Limited India4
- CTS International B.V. The Netherlands4
- CTS Japan, Inc. Japan4
- CTS NA Services, S. de R.L. de C.V. Mexico4
- CTS Overseas Holdings B.V. The Netherlands4
- CTS Printex, Inc. California4
- CTS SRL-CV Holdings 1, LLC Illinois4
- CTS Valpey Corporation Maryland4
All 39 listed subsidiaries
- Componentes de Calidad, S. de R.L. de C.V. Mexico4
- Dynamics Corporation of America New York4
- Filter Sensing Technologies, Inc. Delaware4
- LTB Investment Corporation Delaware4
- Quality Thermistor, Inc. Idaho4
- Sensor Scientific, Inc. New Jersey4
- SyQwest, LLC Rhode Island4
- TEWA Sensors LLC Utah4
- TEWA Temperature Sensors sp. zo.o Poland4
- Tecate Assembly Services, Inc. Idaho4
- Tecate Holdings, LLC Delaware4
- Tecate Investments, LLC Delaware4
- Technologia Mexicana, S de R.L. de C.V. Mexico4
- Tusonix, LLC Arizona4
- maglab AG Switzerland4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Jul 28, 20268-K Results of operations; Regulation FD disclosure67
- Jul 28, 20268-K Regulation FD disclosure68
- Jul 7, 2026New chief executive Pratik Trivedi becomes CEO15
- Jun 25, 20268-K Executive or director change69
- May 19, 20268-K Shareholder vote70
- Apr 29, 20268-K Results of operations; Regulation FD disclosure71
- Apr 29, 20268-K Regulation FD disclosure72
- Feb 10, 20268-K Results of operations; Regulation FD disclosure73
- Feb 10, 20268-K Regulation FD disclosure74
- Nov 26, 20258-K Executive or director change75
- Nov 24, 20258-K Entered a material agreement; Ended a material agreement; New debt or obligation76
- Nov 6, 20258-K Executive or director change; Regulation FD disclosure77
- Oct 28, 20258-K Results of operations; Regulation FD disclosure78
- Jan 9, 2013New chief executive Kieran M. O'Sullivan becomes CEO16
- Jul 3, 2007New chief executive Vinod M. Khilnani becomes CEO17
- Jun 9, 2006New chief executive Donald K. Schwanz becomes CEO18
- Feb 8, 1929Founded CTS CORP is founded2
Calendar
Coming up
- Oct 27, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.60 a share, on Oct 28, 2025.79
When it reported results
- Jul 28, 2026Reported quarterly or annual results67
- Apr 29, 2026Reported quarterly or annual results71
- Feb 10, 2026Reported quarterly or annual results73
- Oct 28, 2025Reported quarterly or annual results78
- Jul 24, 2025Reported quarterly or annual results80
- Apr 30, 2025Reported quarterly or annual results81
- Feb 4, 2025Reported quarterly or annual results82
- Oct 29, 2024Reported quarterly or annual results83
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
274 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 63 major events, 125 insider forms, 31 large holders, 35 other. The latest 20:
- Aug 31, 20263 PRIMARY DOCUMENT EDGAR
- Aug 5, 2026SCHEDULE 13D/A EDGAR
- Jul 30, 20264 PRIMARY DOCUMENT EDGAR
- Jul 28, 202610-Q EDGAR
- Jul 28, 20268-K EDGAR
- Jul 28, 20268-K EDGAR
- Jul 13, 2026SCHEDULE 13G/A EDGAR
- Jul 7, 20264 PRIMARY DOCUMENT EDGAR
- Jun 25, 20268-K EDGAR
- Jun 3, 2026SCHEDULE 13G/A EDGAR
- Jun 3, 20264 PRIMARY DOCUMENT EDGAR
- Jun 3, 20264 PRIMARY DOCUMENT EDGAR
- Jun 1, 2026144 EDGAR
- May 29, 2026SD EDGAR
- May 19, 20268-K EDGAR
- May 12, 20264 PRIMARY DOCUMENT EDGAR
- May 1, 20263 PRIMARY DOCUMENT EDGAR
- Apr 29, 2026SCHEDULE 13G EDGAR
- Apr 29, 202610-Q EDGAR
- Apr 29, 20268-K EDGAR
The 274 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
35 open-market trades by officers, directors and large owners since October 2021: 0 buys and 35 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 3, 2026 | O'SULLIVAN KIERAN MPresident & CEO | Sale | 22,657 | $66.67 | $1.5M | Form 4 |
| Jun 2, 2026 | O'SULLIVAN KIERAN MPresident & CEO | Sale | 60,388 | $66.26 | $4.0M | Form 4 |
| Jun 1, 2026 | O'SULLIVAN KIERAN MPresident & CEO | Sale | 46,955 | $63.31 | $3.0M | Form 4 |
| Feb 2, 2026 | Agrawal AshishCFO | Sale | 25,000 | $53.00 | $1.3M | Form 4 |
| Dec 9, 2024 | O'SULLIVAN KIERAN MPresident & CEO | Sale | 6,690 | $55.83 | $373.5K | Form 4 |
| Dec 6, 2024 | O'SULLIVAN KIERAN MPresident & CEO | Sale | 8,494 | $54.50 | $462.9K | Form 4 |
| Dec 5, 2024 | O'SULLIVAN KIERAN MPresident & CEO | Sale | 9,629 | $54.60 | $525.7K | Form 4 |
| Dec 4, 2024 | O'SULLIVAN KIERAN MPresident & CEO | Sale | 12,794 | $55.50 | $710.1K | Form 4 |
| Dec 3, 2024 | O'SULLIVAN KIERAN MPresident & CEO | Sale | 10,415 | $55.57 | $578.8K | Form 4 |
| Dec 2, 2024 | O'SULLIVAN KIERAN MPresident & CEO | Sale | 31,978 | $55.82 | $1.8M | Form 4 |
| May 24, 2024 | Baumeister MartinSenior Vice President | Sale | 5,733 | $52.39 | $300.4K | Form 4 |
| May 1, 2024 | O'SULLIVAN KIERAN MPresident & CEO | Sale | 27,905 | $47.11 | $1.3M | Form 4 |
| May 1, 2024 | Agrawal AshishCFO | Sale | 4,495 | $47.03 | $211.4K | Form 4 |
| Apr 30, 2024 | O'SULLIVAN KIERAN MPresident & CEO | Sale | 9,771 | $47.02 | $459.4K | Form 4 |
| Apr 30, 2024 | Agrawal AshishCFO | Sale | 1,600 | $47.01 | $75.2K | Form 4 |
| Apr 29, 2024 | O'SULLIVAN KIERAN MPresident & CEO | Sale | 6,179 | $47.00 | $290.4K | Form 4 |
| Apr 29, 2024 | Agrawal AshishCFO | Sale | 1,604 | $47.00 | $75.4K | Form 4 |
| Apr 11, 2024 | Agrawal AshishCFO | Sale | 800 | $47.00 | $37.6K | Form 4 |
| Apr 11, 2024 | O'SULLIVAN KIERAN MPresident & CEO | Sale | 2,064 | $47.00 | $97.0K | Form 4 |
| Apr 1, 2024 | O'SULLIVAN KIERAN MPresident & CEO | Sale | 75 | $47.00 | $3.5K | Form 4 |
All 35 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- GAMCO InvestorsSCHEDULE 13D/A, 2 filings Apr 3, 2023 to Aug 5, 202684
- WASATCH ADVISORS LPSCHEDULE 13G/A, 4 filings Nov 14, 2024 to Jul 13, 202685
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 202686
- VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 9, 2022 to Mar 26, 202687
- T. Rowe Price Investment Management, Inc.SCHEDULE 13G/A, 6 filings Nov 10, 2022 to Nov 14, 202588
- BlackRockSCHEDULE 13G/A, 6 filings Jan 25, 2022 to Oct 17, 202589
- EARNEST PARTNERS LLCSCHEDULE 13G/A, 3 filings Feb 14, 2023 to Aug 14, 202590
- PRICE T ROWE ASSOCIATES INC /MD/SC 13G/A, 3 filings Feb 14, 2022 to Feb 14, 202391
- DIMENSIONAL FUND ADVISORS LPSC 13G/A, 1 filing Feb 8, 202292
- Wellington Management CompanySC 13G/A, 1 filing Feb 4, 202293
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Kieran M. O’Sullivan | $856.3K | $4.8M94 | |
| 2025 | Ashish Agrawal | $450.7K | $1.5M94 | |
| 2025 | Pratik Trivedi | $388.7K | $982.4K94 | |
| 2025 | Mark Pacioni | $187.5K | $799.6K94 | |
| 2025 | Scott L. D’Angelo | $136.3K | $737.4K94 | |
| 2024 | ChairmanPresident and | $823.4K | $4.2M94 | |
| 2024 | Vice President and | $430.3K | $1.5M94 | |
| 2024 | Former Vice PresidentChief Legal and | $391.0K | $1.3M94 | |
| 2024 | Senior Vice PresidentChief Operating Officer | $245.2K | $786.3K94 | |
| 2023 | Chief Executive Officer | $775.4K | $3.2M94 | |
| 2023 | Chief Financial Officer | $400.9K | $1.0M94 | |
| 2023 | Administrative Officer and Corporate Secretary | $349.5K | $825.1K94 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 4,501,796 | $293.5M | 0.0% | +97,271 |
| Wasatch Advisors LP | 3,599,707 | $234.7M | 1.5% | +1,605,778 |
| Earnest Partners LLC | 1,651,926 | $107.7M | 0.4% | −63,290 |
| Vanguard Portfolio Management LLC | 1,260,973 | $82.2M | 0.0% | +48,078 |
| Vanguard Capital Management LLC | 1,217,355 | $79.4M | 0.0% | −21,839 |
| Dimensional Fund Advisors LP | 1,193,348 | $77.8M | 0.0% | −36,247 |
| State Street Corp | 1,176,885 | $76.8M | 0.0% | +25,805 |
| Gamco Investors, Inc. Et Al | 1,170,496 | $76.3M | 0.7% | −28,269 |
| Brown Advisory Inc | 981,819 | $64.0M | 0.1% | −39,832 |
| Geode Capital Management, LLC | 760,914 | $49.6M | 0.0% | +20,851 |
| Harvey Partners, LLC | 545,231 | $35.5M | 2.5% | −49,169 |
| London Co Of Virginia | 513,204 | $33.5M | 0.2% | −23,256 |
| Gabelli Funds LLC | 450,000 | $29.3M | 0.2% | −19,950 |
| Charles Schwab Investment Management Inc | 409,614 | $26.7M | 0.0% | −15,896 |
| Qube Research & Technologies Ltd | 331,194 | $21.6M | 0.0% | +48,842 |
| Morgan Stanley | 326,843 | $21.3M | 0.0% | −7,962 |
| Northern Trust Corp | 316,894 | $20.7M | 0.0% | +20,945 |
| Renaissance Technologies LLC | 311,342 | $20.3M | 0.0% | −77,042 |
| Two Sigma Investments, LP | 311,249 | $20.3M | 0.0% | +120,942 |
| Royce & Associates LP | 297,648 | $19.4M | 0.2% | +11,161 |
| Bank of New York Mellon Corp | 225,744 | $14.7M | 0.0% | −8,339 |
| Vanguard Fiduciary Trust Co | 199,898 | $13.0M | 0.0% | +9,069 |
| Raymond James Financial Inc | 197,855 | $12.9M | 0.0% | −24,465 |
| Hillsdale Investment Management Inc. | 192,070 | $12.5M | 0.3% | +16,000 |
| Panagora Asset Management Inc | 190,216 | $12.4M | 0.0% | New |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How CTS CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCTS CORP1
- CIK0000026058
- Employer ID (EIN)35-02250105
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
- Incorporated inIndiana5
- Fiscal year endsDecember 311
- Industry code (SIC)3672 Printed Circuit Boards1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address4925 Indiana Avenue, Lisle, IL 605321
- Phone63057788001
- Shares outstanding28,592,910 as of Apr 22, 202613
- Public float$1.2B as of Jun 30, 20255
- AuditorGRANT THORNTON LLP, Chicago, Illinois PCAOB ID 248; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceMar 16, 19941
- Filings1,600 in all: 4 (668), 8-K (333), 10-Q (98), SC 13G/A (89), SC 13D/A (59), 3 (34), 10-K (33), DEF 14A (30)1
All 48 form types
SC 13G (30), 144 (21), 11-K (20), 4/A (20), UPLOAD (16), ARS (14), SD (13), CORRESP (12), 8-K/A (10), DEFA14A (10), SC 14D1/A (8), SCHEDULE 13G/A (8), 424B3 (7), S-8 (7), 10-Q/A (6), 425 (6), 424B5 (4), S-3 (4), S-3/A (4), SC 13D (4), 10-K/A (3), 5 (3), EFFECT (3), POS AM (3), PRE 14A (2), S-4 (2), S-4/A (2), S-8 POS (2), 11-K/A (1), 144/A (1), 3/A (1), 5/A (1), 8-A12B (1), 8-A12B/A (1), DEFR14A (1), NT 10-K (1), NT 10-Q (1), SC 14D1 (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Feb 24, 2026
Quarterly report (10-Q) Jul 28, 2026
Proxy statement (DEF 14A) Apr 2, 2026
Latest 8-K (8-K) Jul 28, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common stock, without par value | CTS | New York Stock Exchange |
From the cover page of the 10-K filed Feb 24, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks CTS CORP names in Item 1A of its 10-K filed Feb 24, 2026: 38 risks under these headings, as written.5
- Risks Related to Our Business and Industry
- Because we currently derive a substantial portion of our revenues from a small number of customers, any decrease in orders from these customers could have an adverse effect on our business, financial condition and operating results.
- Our customers may cancel their orders, change production quantities or locations or delay production.
- Deterioration of general economic, political, credit and/or capital market conditions could adversely affect our financial performance, our ability to grow or sustain our business, financial condition and results of operations, and our ability to access the capital markets.
- Our business, financial condition and results of operations could be adversely affected by disruptions in the global economy caused by the ongoing Russia-Ukraine conflict or other geopolitical tensions and conflict.
- The impacts of supply chain constraints, increased tariffs and inflationary pressures could adversely impact our operating results.
- We sell products to customers in cyclical industries that are subject to significant downturns that could materially adversely affect our business, financial condition and operating results.
- A portion of our revenue is derived from the sale of defense-related products through various contracts and subcontracts. These contracts may be suspended, canceled, or delayed, which could have an adverse impact on our revenues.
- We are susceptible to trends and factors affecting industries that we serve.
- Our operating results may vary significantly from period to period.
- We may pursue acquisition opportunities that are intended to complement or expand our business as well as divestitures that could impact our business operations. We may not be able to complete these transactions, and these transactions, if executed, may pose risks that could materially adversely affect our business, financial condition and operating results.
- We may restructure our operations or fail to execute capital projects as planned, which may materially adversely affect our business, financial condition and operating results.
The other 27 risks
- We have a substantial amount of goodwill on our balance sheet. Future write-offs of goodwill may have the effect of decreasing our earnings or increasing our losses.
- We may be unable to compete effectively against competitors.
- We may be unable to keep pace with rapid technological changes that could make some of our products or processes obsolete before we realize a return on our investment.
- Products we manufacture may contain design or manufacturing defects that could result in reduced demand for our products or services and liability claims against us.
- We are subject to government regulations, including environmental, health, and safety laws and regulations, that expose us to potential financial liability.
- Changes in tax laws could cause volatility or have a material adverse effect on our business and financial results.
- Uncertainty over global tariffs and trade policies, or the financial impact of tariffs and trade policies, may negatively affect our results.
- Risks Related to Technology, Cybersecurity and Data Privacy
- We are exposed to, and may be adversely affected by, cybersecurity threats, incidents or other disruptions to our information technology systems and data.
- Cybersecurity incidents could have a disruptive effect on our business.
- We are exposed to risks and costs associated with complying with privacy laws and protecting personal data and other sensitive information.
- Failure to keep pace with developments in technology could adversely affect our operations or competitive position and we may be exposed to risks and incur costs associated with maintaining or upgrading our technology and systems.
- Because third parties provide us with a number of operational and technical services, third-party cybersecurity incidents could expose us to liability, harm our reputation, damage our competitiveness and adversely affect our financial performance.
- As we integrate artificial intelligence technologies into our processes, these technologies may present business, compliance and reputational risks.
- Risks Related to Indebtedness and Financing
- Our indebtedness may adversely affect our financial health.
- Our credit facility contains provisions that could materially restrict our business.
- The estimates and assumptions on which our financial projections are based may prove to be inaccurate, which may cause our actual results to materially differ from such projections, which may adversely affect our future profitability, cash flows and stock price.
- Risks Related to Other External Factors
- Loss, operational disruptions or closure of a key facility, including those of our suppliers, due to unforeseen or catastrophic events or otherwise, could have a material adverse effect on our business and financial results.
- Climate-related events and climate change legislation could adversely impact our business.
- General Risk Factors
- Unfavorable outcomes of legal or regulatory matters may adversely affect our business and financial condition and damage our reputation.
- We face risks relating to our international operations.
- We are exposed to fluctuations in foreign currency exchange rates that may adversely affect our business, financial condition and operating results.
- If we are unable to protect our intellectual property or we infringe or are alleged to infringe, on others' intellectual property rights, our business, financial condition and operating results could be materially adversely affected.
- Loss of our key management and other personnel, or an inability to attract key management and other personnel, could materially affect our business.
- Ineffective internal control over our financial reporting may harm our business.
- Shareholder activism efforts or unsolicited offers from a third party could cause a material disruption to our business and financial results.
- Future dividends on our common stock may be restricted or eliminated.
- We may not continue to repurchase our common stock or make repurchases of our common stock at favorable prices.
Legal proceedings
From time to time we are involved in litigation with respect to matters arising from the ordinary conduct of our business, and currently certain claims are pending against us. In the opinion of management, we believe we have established adequate accruals pursuant to U.S. generally accepted accounting principles for our expected future liability with respect to pending lawsuits, claims and proceedings, where the nature and extent of any such liability can be reasonably estimated based on presently available information. However, we cannot provide assurance that the final resolution of any existing or future lawsuits, claims or proceedings will not have a material adverse effect on our business, results of operations, financial condition, or cash flows.
See Note 11, "Commitments and Contingencies," in the Notes to the Consolidated Financial Statements in this Annual Report on Form 10-K.
The opening of Item 3, Legal Proceedings.5
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARCTS CORP filings on SEC EDGAR
- 2
- 3SEC EDGARCTS CORP filings on SEC EDGAR
- 4
- 5
- 6SEC EDGARCTS CORP 10-K for fiscal 2025
- 7SEC EDGARCTS CORP 10-K for fiscal 2019
- 8SEC EDGARCTS CORP 10-K for fiscal 2020
- 9SEC EDGARCTS CORP 10-K for fiscal 2021
- 10SEC EDGARCTS CORP 10-K for fiscal 2022
- 11SEC EDGARCTS CORP 10-Q for fiscal 2025
- 12SEC EDGARCTS CORP 10-Q for fiscal 2025
- 13SEC EDGARCTS CORP 10-Q for fiscal 2026
- 14SEC EDGARCTS CORP 10-K for fiscal 2019
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- 19SEC EDGARKieran M. O'Sullivan, Chair
- 20SEC EDGARVinod M. Khilnani, Chair
- 21
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- 31SEC EDGARScott D'Angelo, VP & Secretary
- 32SEC EDGARRajeeb K. Nath, Vice President
- 33
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- 35SEC EDGARScott A. Bowmar, Vice President
- 36
- 37SEC EDGARDennis Paul Thornton, Vice President
- 38SEC EDGARBret Robertson, Vice President
- 39SEC EDGARMohan S. Mahadevan, Vice President
- 40
- 41
- 42SEC EDGARRai Rohit, Vice President
- 43
- 44SEC EDGARMatthew W. Long, Treasurer
- 45
- 46SEC EDGARThomas A. Kroll, V.P. and Controller
- 47SEC EDGARKimberly Banks Mackay, Board member
- 48SEC EDGARAmy M. Dodrill, Board member
- 49SEC EDGARRandy Lee Stone, Board member
- 50SEC EDGARDonna Costello, Board member
- 51SEC EDGARYe Jane Li, Board member
- 52SEC EDGARAlfonso G. Zulueta, Board member
- 53SEC EDGARKieran M. O'Sullivan, Board member
- 54SEC EDGARGordon Hunter, Board member
- 55SEC EDGARDiana M. Murphy, Board member
- 56SEC EDGARDonald K. Schwanz, Board member
- 57SEC EDGARBob Profusek, Board member
- 58SEC EDGARGerald H. Frieling Jr., Board member
- 59SEC EDGARLawrence J. Ciancia, Board member
- 60SEC EDGARMichael A. Henning, Board member
- 61SEC EDGARPatricia K. Collawn, Board member
- 62SEC EDGARRoger R. Hemminghaus, Board member
- 63SEC EDGARThomas G. Cody, Board member
- 64SEC EDGARWalter S. Catlow, Board member
- 65SEC EDGARMark R. Pacioni, General counsel
- 66
- 67
- 68SEC EDGARRegulation FD disclosure
- 69SEC EDGARExecutive or director change
- 70SEC EDGARShareholder vote
- 71
- 72SEC EDGARRegulation FD disclosure
- 73
- 74SEC EDGARRegulation FD disclosure
- 75SEC EDGARExecutive or director change
- 76
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- 79NasdaqNasdaq calendar
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- 89SEC EDGARBlackRock SCHEDULE 13G/A on CTS CORP
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