CTS CORP
For the period ended Apr 29, 2026. Filed Apr 29, 2026.
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Apr 29, 2026 · Filed Apr 29, 2026
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CTS$57.87+1.7%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · Adjusted EBITDA Margin
Adjusted EBITDA Margin
| Three Months EndedMarch 31, · Twelve Months EndedDecember 31, | |||||
|---|---|---|---|---|---|
| 2026 | 2025 | 2025 | 2024 | 2023 | |
| Net earnings | $17.2 | $13.4 | $65.3 | $55.5 | $60.5 |
| Net sales | $139.2 | $125.8 | $541.3 | $514.8 | $550.4 |
| Net earnings margin | 12.4% | 10.6% | 12.1% | 10.8% | 11.0% |
| Depreciation and amortization expense | 8.8 | 8.5 | 34.5 | 30.9 | 28.7 |
| Interest expense | 0.7 | 1.2 | 4.3 | 4.2 | 3.3 |
| Tax expense | 4.5 | 2.8 | 18.5 | 13.1 | 14.6 |
| EBITDA | 31.2 | 25.8 | 122.6 | 103.7 | 107.2 |
| EBITDA Margin | 22.4% | 20.5% | 22.6% | 20.1% | 19.5% |
| Adjustments to EBITDA: | |||||
| Restructuring charges (c) | 0.4 | 0.5 | 1.4 | 4.7 | 7.1 |
| Restructuring-related charges (b) | 0.1 | — | 0.7 | 0.7 | 0.6 |
| Environmental charges (a) | 0.2 | 0.2 | 5.5 | 1.6 | 3.5 |
| Acquisition-related adjustments (a) | 0.1 | (0.2) | (5.6) | (0.3) | 0.4 |
| Inventory fair value step-up (b) | — | — | — | 2.1 | — |
| Non-cash pension and related expense (d) | — | — | 0.1 | 0.2 | — |
| Foreign currency loss (gain) (d) | 0.1 | (0.5) | (1.3) | 2.7 | 2.0 |
| Total adjustments to EBITDA | 0.8 | - | 0.9 | 11.7 | 13.5 |
| Adjusted EBITDA | $32.0 | $25.8 | $123.4 | $115.4 | $120.7 |
| Adjusted EBITDA Margin | 23.0% | 20.5% | 22.8% | 22.4% | 21.9% |
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