Growth Metrics

Cts (CTS) Tax Rate (2016 - 2025)

Cts (CTS) has disclosed Tax Rate for 16 consecutive years, with 18.22% as the latest value for Q1 2025.

  • For the quarter ending Q1 2025, Tax Rate fell 37.0% year-over-year to 18.22%, compared with a TTM value of 19.03% through Mar 2025, down 33.0%, and an annual FY2024 reading of 19.11%, down 34.0% over the prior year.
  • Tax Rate was 18.22% for Q1 2025 at Cts, down from 24.47% in the prior quarter.
  • Across five years, Tax Rate topped out at 245.59% in Q2 2021 and bottomed at 41.06% in Q4 2022.
  • Average Tax Rate over 5 years is 31.89%, with a median of 19.79% recorded in 2023.
  • The sharpest move saw Tax Rate crashed -22004bps in 2022, then surged 5415bps in 2023.
  • Year by year, Tax Rate stood at 37.87% in 2021, then tumbled by -208bps to 41.06% in 2022, then surged by 132bps to 13.09% in 2023, then soared by 87bps to 24.47% in 2024, then decreased by -26bps to 18.22% in 2025.
  • Business Quant data shows Tax Rate for CTS at 18.22% in Q1 2025, 24.47% in Q4 2024, and 17.23% in Q3 2024.