As of June 13, 2025, CTS Corp (CTS) reports a Gross Margin of 36.67%.
Gross Margin indicates the portion of sales revenue remaining after covering production costs, highlighting operational efficiency.
Historical Trend of CTS Corp's Gross Margin
Over recent years, CTS Corp's Gross Margin has shown a stable trend. The table below summarizes the historical values:
| Date | Gross Margin |
|---|---|
| 2024-12-31 | 36.67% |
| 2023-12-31 | 34.68% |
| 2022-12-31 | 35.87% |
| 2021-12-31 | 35.99% |
| 2020-12-31 | 32.80% |
This slight downward trend highlights how CTS Corp manages its operational efficiency and pricing power over time.
Comparing CTS Corp's Gross Margin to Peers
To better understand CTS Corp's position, it's useful to compare its Gross Margin against industry peers. Below are selected comparisons:
| Company | Gross Margin |
|---|---|
| CTS Corp (CTS) | 36.67% |
| Neonode Inc (NEON) | 96.27% |
| Andrea Electronics Corp (ANDR) | 70.53% |
| Data I/O Corp (DAIO) | 53.31% |
| Baylin Technologies Inc (BYL.TO) | 41.14% |
| IPG Photonics Corp (IPGP) | 34.61% |
Compared to its competitors, CTS Corp's Gross Margin is among the highest compared to peers, indicating superior product pricing power or cost efficiency in production.