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Transcat (TRNS) Financials

Transcat logo
$81.29 -2.17 (-2.60%)
Closing price 07/18/2025 04:00 PM Eastern
Extended Trading
$81.24 -0.05 (-0.06%)
As of 07/18/2025 04:02 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
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Annual Income Statements for Transcat

Annual Income Statements for Transcat

This table shows Transcat's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 3/28/2015 3/26/2016 3/25/2017 3/31/2018 3/30/2019 3/28/2020 3/27/2021 3/26/2022 3/25/2023 3/30/2024 3/29/2025
Net Income / (Loss) Attributable to Common Shareholders		 4.03 4.12 4.52 5.92 7.15 8.07 7.79 11 11 14 15
Consolidated Net Income / (Loss)		 4.03 4.12 4.52 5.92 7.15 8.07 7.79 11 11 14 15
Net Income / (Loss) Continuing Operations		 4.03 4.12 4.52 5.92 7.15 8.07 7.79 11 11 14 15
Total Pre-Tax Income 		6.42 6.01 7.16 7.95 9.24 9.73 9.98 13 13 18 18
Total Operating Income		 6.77 6.30 7.93 9.03 10 11 11 14 16 20 18
Total Gross Profit		 29 29 35 37 39 42 46 58 68 84 89
Total Revenue		 124 122 144 155 161 173 173 205 231 259 278
Operating Revenue		 124 122 144 155 161 173 173 205 231 259 278
Total Cost of Revenue		 95 93 109 118 122 131 127 147 162 176 189
Operating Cost of Revenue		 95 93 109 118 122 131 127 147 162 176 189
Total Operating Expenses		 22 23 27 28 29 32 35 44 52 64 72
Selling, General & Admin Expense		 8.41 9.19 10 12 12 14 17 24 27 35 38
Marketing Expense		 14 14 17 17 17 18 18 21 25 29 33
Total Other Income / (Expense), net		 -0.35 -0.30 -0.77 -1.08 -0.99 -1.12 -1.09 -0.95 -2.76 -1.34 0.45
Interest Expense		 - - - - - - - 0.81 2.42 1.84 0.80
Interest & Investment Income		 - - - - - - - 0.00 0.00 0.81 0.83
Other Income / (Expense), net		 -0.35 -0.30 -0.77 -1.08 -0.99 -1.12 -1.09 -0.14 -0.34 -0.32 0.43
Income Tax Expense		 2.40 1.88 2.64 2.03 2.09 1.66 2.19 1.81 2.80 4.79 3.81
Basic Earnings per Share		 $0.59 $0.60 $0.65 $0.83 $0.99 $1.10 $1.05 $1.52 $1.42 $1.66 $1.58
Weighted Average Basic Shares Outstanding		 6.80M 6.89M 6.99M 7.12M 7.20M 7.33M 7.42M 7.50M 7.55M 8.24M 9.19M
Diluted Earnings per Share		 $0.57 $0.58 $0.64 $0.81 $0.95 $1.08 $1.03 $1.50 $1.40 $1.63 $1.57
Weighted Average Diluted Shares Outstanding		 7.06M 7.12M 7.11M 7.30M 7.52M 7.49M 7.55M 7.59M 7.65M 8.35M 9.25M
Weighted Average Basic & Diluted Shares Outstanding		 6.87M 6.98M 7.11M 7.20M 7.30M 7.39M 7.47M 7.55M 7.64M 9.13M 9.32M

Quarterly Income Statements for Transcat

This table shows Transcat's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 9/24/2022 12/24/2022 3/25/2023 6/24/2023 9/23/2023 12/23/2023 3/30/2024 6/29/2024 9/28/2024 12/28/2024 3/29/2025
Net Income / (Loss) Attributable to Common Shareholders		 2.36 1.60 3.66 2.95 0.46 3.35 6.89 4.41 3.29 2.36 4.46
Consolidated Net Income / (Loss)		 2.36 1.60 3.66 2.95 0.46 3.35 6.89 4.41 3.29 2.36 4.46
Net Income / (Loss) Continuing Operations		 2.36 1.60 3.66 2.95 0.46 3.35 6.89 4.41 3.29 2.36 4.46
Total Pre-Tax Income 		3.09 2.12 4.83 3.76 0.80 4.27 9.60 5.23 3.71 3.13 6.26
Total Operating Income		 3.63 3.16 5.86 4.64 1.64 4.29 9.20 5.10 3.74 2.10 6.94
Total Gross Profit		 17 16 19 19 20 21 24 23 21 20 26
Total Revenue		 56 57 62 61 63 65 71 67 68 67 77
Operating Revenue		 56 57 62 61 63 65 71 67 68 67 77
Total Cost of Revenue		 40 41 43 42 43 44 47 44 47 47 51
Operating Cost of Revenue		 40 41 43 42 43 44 47 44 47 47 51
Total Operating Expenses		 13 13 13 14 18 17 15 18 17 18 19
Selling, General & Admin Expense		 7.24 6.64 6.85 7.60 12 9.12 6.97 9.76 9.29 9.46 9.73
Marketing Expense		 5.90 6.60 6.45 6.47 6.86 7.52 7.87 7.80 8.18 8.12 9.24
Total Other Income / (Expense), net		 -0.54 -1.04 -1.03 -0.88 -0.84 -0.02 0.40 0.13 -0.02 1.03 -0.68
Interest Expense		 - 0.73 - 0.81 0.89 0.08 - 0.05 0.08 0.20 0.47
Interest & Investment Income		 - 0.01 - 0.00 0.00 0.35 - 0.31 0.29 0.22 0.01
Other Income / (Expense), net		 -0.54 -0.31 0.66 -0.06 0.05 -0.29 0.88 -0.13 -0.23 1.01 -0.22
Income Tax Expense		 0.73 0.52 1.17 0.81 0.34 0.92 2.71 0.82 0.43 0.77 1.79
Basic Earnings per Share		 $0.31 $0.21 $0.49 $0.39 $0.06 $0.39 $0.82 $0.49 $0.36 $0.26 $0.47
Weighted Average Basic Shares Outstanding		 7.55M 7.56M 7.55M 7.62M 7.82M 8.62M 8.24M 9.06M 9.16M 9.23M 9.19M
Diluted Earnings per Share		 $0.31 $0.21 $0.48 $0.38 $0.06 $0.38 $0.81 $0.48 $0.35 $0.25 $0.49
Weighted Average Diluted Shares Outstanding		 7.65M 7.67M 7.65M 7.76M 7.95M 8.75M 8.35M 9.20M 9.28M 9.33M 9.25M
Weighted Average Basic & Diluted Shares Outstanding		 7.56M 7.56M 7.64M 7.69M 8.83M 8.83M 9.13M 9.15M 9.20M 9.31M 9.32M

Annual Cash Flow Statements for Transcat

This table details how cash moves in and out of Transcat's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 3/28/2015 3/26/2016 3/25/2017 3/31/2018 3/30/2019 3/28/2020 3/27/2021 3/26/2022 3/25/2023 3/30/2024 3/29/2025
Net Change in Cash & Equivalents		 0.04 0.58 0.20 -0.27 0.21 -0.29 0.06 0.84 0.14 18 -18
Net Cash From Operating Activities		 4.44 11 7.54 9.87 13 12 24 18 17 33 39
Net Cash From Continuing Operating Activities		 4.44 11 7.54 9.87 13 12 24 18 17 33 39
Net Income / (Loss) Continuing Operations		 4.03 4.12 4.52 5.92 7.15 8.07 7.79 11 11 14 15
Consolidated Net Income / (Loss)		 4.03 4.12 4.52 5.92 7.15 8.07 7.79 11 11 14 15
Depreciation Expense		 3.09 3.95 6.18 5.99 6.36 6.66 7.58 9.57 11 14 19
Non-Cash Adjustments To Reconcile Net Income		 0.64 0.54 0.83 1.64 1.63 1.72 2.29 2.45 3.54 4.97 2.70
Changes in Operating Assets and Liabilities, net		 -3.32 2.37 -3.99 -3.68 -2.58 -4.88 5.98 -5.78 -8.23 0.45 3.21
Net Cash From Investing Activities		 -11 -18 -12 -5.87 -11 -20 -10 -40 -19 -42 -84
Net Cash From Continuing Investing Activities		 -11 -18 -12 -5.87 -11 -20 -10 -40 -19 -42 -84
Purchase of Property, Plant & Equipment		 -3.50 -4.10 -5.25 -5.88 -7.00 -6.58 -6.62 -10 -9.41 -13 -13
Acquisitions		 -7.28 -14 -6.98 0.00 -3.92 -14 -3.55 -30 -9.11 -13 -87
Sale of Property, Plant & Equipment		 0.05 0.03 0.06 0.01 0.02 0.18 0.02 0.11 0.01 0.00 1.10
Other Investing Activities, net		 - - - - - - - - 0.00 -16 16
Net Cash From Financing Activities		 4.99 7.23 4.77 -3.98 -1.71 8.25 -13 24 0.88 27 27
Net Cash From Continuing Financing Activities		 4.99 7.23 4.77 -3.98 -1.71 8.25 -13 24 0.88 27 27
Repayment of Debt		 - 0.00 -1.76 -12 -4.35 -1.90 -1.98 -2.11 0.67 -45 29
Repurchase of Common Equity		 -0.07 -0.13 -1.06 -0.45 -0.15 -2.82 -3.05 -6.68 -0.45 -4.91 -3.57
Issuance of Common Equity		 0.47 0.45 0.64 0.93 0.29 1.73 1.18 1.49 0.66 77 1.87
Effect of Exchange Rate Changes		 1.34 0.33 0.06 -0.29 0.26 0.15 - - 0.82 -0.23 0.02
Cash Interest Paid		 0.23 0.24 0.69 1.02 0.91 0.94 0.86 0.78 2.26 1.24 -0.15
Cash Income Taxes Paid		 2.43 1.29 1.84 2.07 1.30 1.37 1.76 3.90 1.12 3.10 7.84

Quarterly Cash Flow Statements for Transcat

This table details how cash moves in and out of Transcat's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 9/24/2022 12/24/2022 3/25/2023 6/24/2023 9/23/2023 12/23/2023 3/30/2024 6/29/2024 9/28/2024 12/28/2024 3/29/2025
Net Change in Cash & Equivalents		 0.47 0.68 -0.06 0.62 -0.90 34 -16 3.01 1.16 -19 -3.12
Net Cash From Operating Activities		 3.19 8.74 2.98 7.54 8.44 11 5.73 8.92 6.84 13 11
Net Cash From Continuing Operating Activities		 3.19 8.74 2.98 7.54 8.44 11 5.73 8.92 6.73 13 11
Net Income / (Loss) Continuing Operations		 2.36 1.60 3.66 2.95 0.46 3.35 6.89 4.41 3.29 2.36 4.46
Consolidated Net Income / (Loss)		 2.36 1.60 3.66 2.95 0.46 3.35 6.89 4.41 3.29 2.36 4.46
Depreciation Expense		 2.78 2.82 2.71 2.79 3.29 3.76 3.70 4.11 4.40 4.43 5.63
Non-Cash Adjustments To Reconcile Net Income		 1.14 0.92 0.55 1.08 1.45 1.21 1.23 0.60 1.07 -0.37 1.40
Changes in Operating Assets and Liabilities, net		 -3.09 3.39 -3.94 0.72 3.24 2.59 -6.10 -0.20 -2.03 6.29 -0.86
Net Cash From Investing Activities		 -2.37 -6.64 -3.07 -5.64 -13 -3.71 -20 -4.09 -3.86 -72 -4.04
Net Cash From Continuing Investing Activities		 -2.37 -6.64 -3.07 -5.64 -13 -3.71 -20 -4.09 -3.86 -72 -4.04
Purchase of Property, Plant & Equipment		 -2.37 -2.38 -2.27 -2.77 -2.68 -3.66 -4.18 -3.67 -3.96 -2.87 -2.70
Acquisitions		 - -4.27 -0.80 -2.87 -10 -0.05 0.07 -16 0.10 -70 -1.34
Net Cash From Financing Activities		 -0.82 -1.51 0.09 -0.86 3.17 27 -1.68 -1.94 -1.41 40 -9.45
Net Cash From Continuing Financing Activities		 -0.82 -1.51 0.09 -0.86 3.17 27 -1.68 -1.94 -1.41 40 -9.45
Repayment of Debt		 -0.54 -0.54 -0.55 -0.55 -0.56 -43 -0.57 -0.58 -0.58 39 -9.20
Repurchase of Common Equity		 - - -0.01 -0.30 -1.95 - -2.66 -1.62 -1.41 -0.18 -0.36
Issuance of Common Equity		 0.14 0.14 0.16 0.20 0.19 75 1.55 0.26 0.58 0.93 0.11
Effect of Exchange Rate Changes		 - - - - - - - - - 0.58 -0.27
Cash Interest Paid		 0.51 0.68 0.75 0.82 - - -0.41 0.26 - - 0.46
Cash Income Taxes Paid		 0.37 0.47 0.16 0.11 0.99 0.79 1.22 0.06 5.47 1.33 0.98

Annual Balance Sheets for Transcat

This table presents Transcat's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 3/28/2015 3/26/2016 3/25/2017 3/31/2018 3/30/2019 3/28/2020 3/27/2021 3/26/2022 3/25/2023 3/30/2024 3/29/2025
Total Assets		 62 77 92 97 105 128 132 178 196 288 385
Total Current Assets		 27 26 36 41 45 48 49 60 68 105 78
Cash & Equivalents		 0.07 0.64 0.84 0.58 0.79 0.50 0.56 1.40 1.53 20 1.52
Short-Term Investments		 - - - - - - - - 0.00 16 0.00
Accounts Receivable		 18 18 23 26 29 32 34 40 45 48 56
Inventories, net		 6.75 6.52 10 13 14 14 12 13 17 17 14
Prepaid Expenses		 1.21 1.10 1.19 1.24 1.33 1.70 2.35 5.30 3.94 4.28 5.70
Plant, Property, & Equipment, net		 9.40 12 16 17 20 21 22 26 29 39 50
Total Noncurrent Assets		 26 38 41 39 41 59 61 92 99 143 257
Goodwill		 21 29 33 33 35 42 43 65 69 106 177
Intangible Assets		 3.55 8.21 7.52 5.51 5.23 7.98 7.51 15 14 20 55
Other Noncurrent Operating Assets		 1.13 0.85 0.90 0.97 0.79 9.31 10 12 16 18 26
Total Liabilities & Shareholders' Equity		 62 77 92 97 105 128 132 178 196 288 385
Total Liabilities		 28 38 49 45 46 61 57 92 96 62 98
Total Current Liabilities		 12 16 20 21 22 21 25 28 28 33 34
Short-Term Debt		 - 0.00 1.43 2.14 1.90 1.98 2.07 2.16 2.25 2.34 1.82
Accounts Payable		 7.70 8.14 12 14 15 12 12 14 16 11 17
Accrued Expenses		 - - - - - - - 11 10 17 15
Current Deferred & Payable Income Tax Liabilities		 0.04 0.00 0.81 0.23 0.23 0.09 0.38 - 0.00 2.93 0.00
Total Noncurrent Liabilities		 16 22 29 24 23 40 32 64 68 29 64
Long-Term Debt		 12 19 26 21 19 28 17 46 47 1.82 31
Noncurrent Deferred & Payable Income Tax Liabilities		 1.68 1.07 1.13 1.71 2.45 3.03 3.20 6.72 6.54 9.29 9.29
Other Noncurrent Operating Liabilities		 2.05 1.82 1.92 1.91 1.90 8.73 3.24 11 14 18 24
Total Equity & Noncontrolling Interests		 34 39 43 51 60 67 75 86 100 225 287
Total Preferred & Common Equity		 34 39 43 51 60 67 75 86 100 225 287
Total Common Equity		 34 39 43 51 60 67 75 86 100 225 287
Common Stock		 16 16 17 19 20 22 23 28 32 146 196
Retained Earnings		 19 23 27 33 40 46 53 59 69 80 93
Accumulated Other Comprehensive Income / (Loss)		 -0.14 -0.36 -0.41 -0.28 -0.61 -1.01 -0.45 -0.23 -1.20 -0.95 -1.47

Quarterly Balance Sheets for Transcat

This table presents Transcat's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025
Period end date 6/25/2022 9/24/2022 12/24/2022 6/24/2023 9/23/2023 12/23/2023 6/29/2024 9/28/2024 12/28/2024
Total Assets		 182 187 188 203 248 281 324 324 386
Total Current Assets		 59 63 61 64 65 99 94 95 77
Cash & Equivalents		 0.44 0.91 1.59 2.15 1.25 35 23 24 4.64
Short-Term Investments		 - - - - - - 0.00 0.00 0.00
Accounts Receivable		 38 41 38 43 45 44 48 50 52
Inventories, net		 15 17 17 15 16 16 18 16 14
Prepaid Expenses		 4.85 4.42 4.14 3.39 3.53 3.30 5.07 6.24 5.77
Plant, Property, & Equipment, net		 27 28 28 30 36 37 46 47 50
Total Noncurrent Assets		 96 96 99 110 147 145 183 181 259
Goodwill		 67 66 69 77 106 106 138 138 177
Intangible Assets		 16 15 15 15 23 21 26 24 58
Other Noncurrent Operating Assets		 13 15 16 17 18 18 19 18 25
Total Liabilities & Shareholders' Equity		 182 187 188 203 248 281 324 324 386
Total Liabilities		 92 94 93 93 110 63 61 55 105
Total Current Liabilities		 24 25 25 24 28 29 32 27 32
Short-Term Debt		 2.18 2.21 2.23 2.27 2.29 2.32 2.36 2.39 2.41
Accounts Payable		 - 14 14 12 13 11 13 13 16
Accrued Expenses		 - 9.09 9.01 9.29 13 16 13 11 13
Total Noncurrent Liabilities		 69 70 68 69 82 33 30 28 73
Long-Term Debt		 50 49 47 46 51 2.41 1.22 0.61 39
Noncurrent Deferred & Payable Income Tax Liabilities		 6.70 6.67 6.67 7.18 11 11 9.29 9.30 9.26
Other Noncurrent Operating Liabilities		 12 14 14 16 20 20 19 18 24
Total Equity & Noncontrolling Interests		 90 92 95 111 138 218 262 269 281
Total Preferred & Common Equity		 90 92 95 111 138 218 262 269 281
Total Common Equity		 90 92 95 111 138 218 262 269 281
Common Stock		 29 30 31 40 68 145 180 184 195
Retained Earnings		 62 64 66 72 71 74 84 86 88
Accumulated Other Comprehensive Income / (Loss)		 -0.69 -1.52 -1.12 -0.72 -1.06 -0.69 -1.10 -0.72 -1.88

Annual Metrics And Ratios for Transcat

This table displays calculated financial ratios and metrics derived from Transcat's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 3/28/2015 3/26/2016 3/25/2017 3/31/2018 3/30/2019 3/28/2020 3/27/2021 3/26/2022 3/25/2023 3/30/2024 3/29/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 4.32% -1.18% 17.79% 7.81% 3.71% 7.58% 0.14% 18.24% 12.50% 12.54% 7.30%
EBITDA Growth		 1.30% 4.63% 34.11% 4.43% 11.89% 5.08% 7.16% 34.19% 13.97% 22.90% 11.68%
EBIT Growth		 -0.36% -6.48% 19.26% 10.94% 16.19% 5.36% 2.59% 40.25% 13.60% 22.40% -6.00%
NOPAT Growth		 2.37% 1.99% 15.75% 34.29% 17.68% 13.67% -3.92% 41.19% 5.52% 13.70% -3.30%
Net Income Growth		 1.05% 2.43% 9.65% 30.96% 20.65% 12.90% -3.42% 46.07% -6.08% 27.69% 6.36%
EPS Growth		 5.56% 1.75% 10.34% 26.56% 17.28% 13.68% -4.63% 45.63% -6.67% 16.43% -3.68%
Operating Cash Flow Growth		 -41.68% 147.40% -31.31% 30.89% 27.21% -7.96% 104.47% -25.47% -3.79% 92.41% 19.53%
Free Cash Flow Firm Growth		 -178.68% -45.73% -14.02% 139.56% -43.16% -578.55% 143.71% -636.89% 94.17% -2,814.24% -239.95%
Invested Capital Growth		 23.29% 23.53% 21.85% 5.37% 8.45% 21.40% 5.27% 30.57% 10.50% 31.88% 63.83%
Revenue Q/Q Growth		 1.59% 0.43% 4.04% 2.65% 1.28% 0.74% 1.76% 3.60% 2.76% 3.53% 2.29%
EBITDA Q/Q Growth		 3.45% -4.81% 3.92% 6.77% 1.56% 0.76% 6.54% 6.49% 6.37% 16.02% -1.47%
EBIT Q/Q Growth		 3.36% -13.23% 3.18% 13.36% 0.83% 0.44% 8.74% 5.68% 10.91% 22.43% -11.91%
NOPAT Q/Q Growth		 4.82% -6.58% -1.93% 19.05% 3.45% -1.48% 8.83% -0.94% 9.73% 16.86% -10.06%
Net Income Q/Q Growth		 5.37% -7.45% -3.17% 20.93% 2.97% -2.03% 10.10% -1.39% 6.05% 31.03% -14.32%
EPS Q/Q Growth		 7.55% -7.94% -4.48% 19.12% 2.15% -1.82% 9.57% -1.32% 6.06% 25.38% -16.93%
Operating Cash Flow Q/Q Growth		 -5.13% 3.38% 1.22% 4.08% 11.13% -14.68% 24.59% -13.51% -11.78% 9.21% 14.38%
Free Cash Flow Firm Q/Q Growth		 6.87% -240.06% 51.70% 573.95% -3.28% -258.96% 198.09% -49.30% 89.19% 0.97% 4.23%
Invested Capital Q/Q Growth		 -2.21% 21.00% 2.65% -0.98% -0.50% 15.00% 6.47% 10.22% 3.05% 3.27% -0.09%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 23.53% 23.84% 24.30% 24.13% 24.45% 24.54% 26.61% 28.51% 29.65% 32.30% 32.13%
EBITDA Margin		 7.70% 8.15% 9.28% 8.98% 9.69% 9.47% 10.13% 11.50% 11.65% 12.72% 13.24%
Operating Margin		 5.47% 5.16% 5.51% 5.82% 6.36% 6.27% 6.39% 6.90% 7.05% 7.62% 6.42%
EBIT Margin		 5.20% 4.92% 4.98% 5.12% 5.74% 5.62% 5.76% 6.83% 6.90% 7.50% 6.57%
Profit (Net Income) Margin		 3.26% 3.38% 3.14% 3.82% 4.44% 4.66% 4.49% 5.55% 4.64% 5.26% 5.21%
Tax Burden Percent		 62.68% 68.65% 63.12% 74.51% 77.37% 82.91% 78.05% 86.28% 79.25% 74.01% 79.20%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 94.21% 84.80% 94.72% 100.15%
Effective Tax Rate		 37.32% 31.35% 36.88% 25.49% 22.63% 17.09% 21.95% 13.72% 20.75% 25.99% 20.80%
Return on Invested Capital (ROIC)		 10.09% 8.34% 7.87% 9.37% 10.31% 10.18% 8.69% 10.37% 9.18% 8.58% 5.53%
ROIC Less NNEP Spread (ROIC-NNEP)		 7.89% 7.01% 5.71% 6.08% 6.69% 6.47% 5.69% 8.15% 4.56% -3.42% 431.72%
Return on Net Nonoperating Assets (RNNOA)		 2.41% 2.92% 3.11% 3.13% 2.56% 2.55% 2.27% 3.74% 2.32% -0.17% 0.14%
Return on Equity (ROE)		 12.50% 11.26% 10.99% 12.50% 12.88% 12.73% 10.96% 14.11% 11.50% 8.40% 5.67%
Cash Return on Invested Capital (CROIC)		 -10.77% -12.71% -11.82% 4.15% 2.20% -9.16% 3.56% -16.15% -0.79% -18.92% -42.86%
Operating Return on Assets (OROA)		 11.07% 8.65% 8.49% 8.41% 9.14% 8.34% 7.67% 9.04% 8.52% 8.06% 5.44%
Return on Assets (ROA)		 6.94% 5.94% 5.36% 6.27% 7.07% 6.91% 5.99% 7.34% 5.72% 5.65% 4.31%
Return on Common Equity (ROCE)		 12.50% 11.26% 10.99% 12.50% 12.88% 12.73% 10.96% 14.11% 11.50% 8.40% 5.67%
Return on Equity Simple (ROE_SIMPLE)		 11.73% 10.60% 10.42% 11.53% 11.98% 12.02% 10.38% 13.21% 10.73% 6.06% 5.06%
Net Operating Profit after Tax (NOPAT)		 4.24 4.33 5.01 6.73 7.91 9.00 8.64 12 13 15 14
NOPAT Margin		 3.43% 3.54% 3.48% 4.33% 4.92% 5.20% 4.99% 5.95% 5.58% 5.64% 5.08%
Net Nonoperating Expense Percent (NNEP)		 2.20% 1.33% 2.16% 3.30% 3.62% 3.71% 3.00% 2.22% 4.62% 11.99% -426.20%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - - - 4.43%
Cost of Revenue to Revenue		 76.47% 76.16% 75.70% 75.87% 75.55% 75.46% 73.39% 71.49% 70.35% 67.70% 67.87%
SG&A Expenses to Revenue		 6.80% 7.52% 7.28% 7.64% 7.56% 7.88% 9.98% 11.54% 11.86% 13.61% 13.73%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 18.05% 18.68% 18.79% 18.32% 18.09% 18.27% 20.22% 21.61% 22.60% 24.67% 25.71%
Earnings before Interest and Taxes (EBIT)		 6.42 6.01 7.16 7.95 9.24 9.73 9.98 14 16 19 18
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 9.51 9.95 13 14 16 16 18 24 27 33 37
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 2.78 2.79 5.27 6.48 6.59 4.37 2.38
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 8.35 10.65 16.30 87.08 39.84 9.88 12.38
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.00 1.03 1.08 2.28 2.72 2.85 3.79 2.45
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 23.19 23.20 50.81 49.05 61.40 72.09 47.06
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 4.31% 4.31% 1.97% 2.04% 1.63% 1.39% 2.12%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 2.33 2.24 4.14 4.54 4.78 4.91 2.25
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 1.16 1.25 2.44 2.95 3.05 3.67 2.57
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 11.92 13.24 24.08 25.68 26.21 28.86 19.38
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 20.13 22.30 42.36 43.23 44.26 48.95 39.04
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 23.49 24.12 48.93 49.60 54.66 65.08 50.46
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 14.80 18.77 17.89 34.35 41.52 29.21 18.32
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 109.92 0.00 119.53 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.35 0.49 0.63 0.45 0.35 0.45 0.37 0.56 0.49 0.02 0.11
Long-Term Debt to Equity		 0.35 0.49 0.60 0.40 0.32 0.42 0.34 0.54 0.47 0.01 0.11
Financial Leverage		 0.31 0.42 0.55 0.51 0.38 0.40 0.40 0.46 0.51 0.05 0.00
Leverage Ratio		 1.80 1.90 2.05 1.99 1.82 1.84 1.83 1.92 2.01 1.49 1.31
Compound Leverage Factor		 1.80 1.90 2.05 1.99 1.82 1.84 1.83 1.81 1.70 1.41 1.32
Debt to Total Capital		 26.18% 32.89% 38.62% 30.80% 26.05% 31.14% 26.82% 35.99% 33.02% 1.81% 10.23%
Short-Term Debt to Total Capital		 0.00% 0.00% 2.02% 2.89% 2.36% 2.03% 2.01% 1.61% 1.51% 1.02% 0.57%
Long-Term Debt to Total Capital		 26.18% 32.89% 36.60% 27.91% 23.69% 29.11% 24.81% 34.38% 31.51% 0.79% 9.67%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 73.82% 67.11% 61.38% 69.20% 73.95% 68.86% 73.18% 64.01% 66.98% 98.19% 89.77%
Debt to EBITDA		 1.28 1.92 2.05 1.64 1.35 1.85 1.57 2.06 1.83 0.13 0.89
Net Debt to EBITDA		 1.27 1.85 1.98 1.60 1.30 1.82 1.54 2.00 1.77 -0.94 0.85
Long-Term Debt to EBITDA		 1.28 1.92 1.94 1.49 1.22 1.73 1.45 1.96 1.75 0.06 0.84
Debt to NOPAT		 2.87 4.41 5.45 3.40 2.65 3.37 3.18 3.97 3.81 0.28 2.31
Net Debt to NOPAT		 2.85 4.26 5.29 3.31 2.55 3.32 3.12 3.86 3.70 -2.12 2.20
Long-Term Debt to NOPAT		 2.87 4.41 5.17 3.08 2.41 3.15 2.95 3.79 3.64 0.12 2.18
Altman Z-Score		 0.00 0.00 0.00 0.00 4.79 4.21 6.50 5.75 6.28 11.28 5.52
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 2.27 1.66 1.80 1.92 2.03 2.32 1.95 2.15 2.39 3.14 2.29
Quick Ratio		 1.52 1.18 1.22 1.26 1.33 1.56 1.39 1.50 1.65 2.49 1.70
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -4.53 -6.60 -7.52 2.98 1.69 -8.09 3.54 -19 -1.11 -32 -110
Operating Cash Flow to CapEx		 128.70% 269.83% 145.33% 168.18% 179.91% 180.78% 358.17% 175.43% 180.25% 245.60% 322.27%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -23.45 -0.46 -17.60 -137.55
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 21.75 7.01 17.77 48.85
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9.35 3.12 10.54 33.69
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 2.13 1.76 1.70 1.64 1.59 1.48 1.33 1.32 1.23 1.07 0.83
Accounts Receivable Turnover		 7.10 6.78 6.98 6.29 5.89 5.71 5.22 5.49 5.39 5.55 5.32
Inventory Turnover		 14.62 14.02 12.97 10.27 9.02 9.17 9.86 12.04 10.95 10.23 11.85
Fixed Asset Turnover		 15.00 11.25 10.32 9.50 8.76 8.55 8.06 8.43 8.31 7.63 6.26
Accounts Payable Turnover		 12.75 11.75 11.03 9.36 8.65 9.85 10.50 11.08 10.80 12.84 13.38
Days Sales Outstanding (DSO)		 51.40 53.83 52.30 58.02 61.96 63.96 69.98 66.49 67.67 65.75 68.56
Days Inventory Outstanding (DIO)		 24.96 26.03 28.14 35.55 40.47 39.80 37.03 30.33 33.35 35.68 30.81
Days Payable Outstanding (DPO)		 28.62 31.06 33.10 39.00 42.20 37.05 34.75 32.94 33.80 28.43 27.28
Cash Conversion Cycle (CCC)		 47.74 48.79 47.34 54.57 60.24 66.71 72.26 63.88 67.23 73.01 72.09
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 46 57 70 74 80 97 102 133 147 194 318
Invested Capital Turnover		 2.94 2.35 2.26 2.16 2.10 1.96 1.74 1.74 1.64 1.52 1.09
Increase / (Decrease) in Invested Capital		 8.77 11 13 3.75 6.22 17 5.11 31 14 47 124
Enterprise Value (EV)		 0.00 0.00 0.00 0.00 186 217 423 605 704 953 714
Market Capitalization		 0.00 0.00 0.00 0.00 166 187 396 558 656 984 683
Book Value per Share		 $5.05 $5.65 $6.21 $7.21 $8.27 $9.09 $10.08 $11.46 $13.18 $25.50 $30.82
Tangible Book Value per Share		 $1.45 $0.23 $0.48 $1.84 $2.75 $2.38 $3.26 $0.85 $2.18 $11.28 $5.93
Total Capital		 46 58 71 74 81 97 103 135 149 229 320
Total Debt		 12 19 27 23 21 30 28 48 49 4.16 33
Total Long-Term Debt		 12 19 26 21 19 28 25 46 47 1.82 31
Net Debt		 12 18 26 22 20 30 27 47 48 -31 31
Capital Expenditures (CapEx)		 3.45 4.07 5.19 5.87 6.98 6.40 6.60 10 9.40 13 12
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 15 9.75 16 21 24 29 25 33 40 39 44
Debt-free Net Working Capital (DFNWC)		 15 10 17 22 25 30 26 34 42 74 46
Net Working Capital (NWC)		 15 10 16 19 23 28 24 32 39 72 44
Net Nonoperating Expense (NNE)		 0.22 0.20 0.49 0.80 0.77 0.93 0.85 0.82 2.19 0.99 -0.36
Net Nonoperating Obligations (NNO)		 12 18 26 22 20 30 27 47 48 -31 31
Total Depreciation and Amortization (D&A)		 3.09 3.95 6.18 5.99 6.36 6.66 7.58 9.57 11 14 19
Debt-free, Cash-free Net Working Capital to Revenue		 12.25% 7.98% 11.41% 13.49% 14.90% 16.77% 14.59% 15.98% 17.35% 14.96% 15.90%
Debt-free Net Working Capital to Revenue		 12.30% 8.50% 12.00% 13.86% 15.39% 17.05% 14.92% 16.66% 18.01% 28.52% 16.45%
Net Working Capital to Revenue		 12.30% 8.50% 11.00% 12.48% 14.21% 15.91% 13.72% 15.61% 17.04% 27.62% 15.79%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.59 $0.60 $0.65 $0.83 $0.99 $1.10 $1.05 $1.52 $1.42 $1.66 $1.58
Adjusted Weighted Average Basic Shares Outstanding		 6.80M 6.89M 6.99M 7.12M 7.20M 7.33M 7.42M 7.50M 7.55M 8.24M 9.19M
Adjusted Diluted Earnings per Share		 $0.57 $0.58 $0.64 $0.81 $0.95 $1.08 $1.03 $1.50 $1.40 $1.63 $1.57
Adjusted Weighted Average Diluted Shares Outstanding		 7.06M 7.12M 7.11M 7.30M 7.52M 7.49M 7.55M 7.59M 7.65M 8.35M 9.25M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.99 $1.10 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 6.87M 6.98M 7.11M 7.20M 7.30M 7.39M 7.47M 7.55M 7.64M 9.13M 9.32M
Normalized Net Operating Profit after Tax (NOPAT)		 4.24 4.33 5.01 6.73 7.91 9.00 8.64 12 13 15 14
Normalized NOPAT Margin		 3.43% 3.54% 3.48% 4.33% 4.92% 5.20% 4.99% 5.95% 5.58% 5.64% 5.08%
Pre Tax Income Margin		 5.20% 4.92% 4.98% 5.12% 5.74% 5.62% 5.76% 6.44% 5.85% 7.11% 6.58%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 17.28 6.58 10.61 22.93
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 15.06 5.33 7.98 17.74
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.89 2.69 3.37 7.77
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.67 1.44 0.74 2.58
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 1.76% 3.25% 23.53% 7.60% 2.03% 34.98% 39.13% 58.73% 4.18% 35.95% 24.56%

Quarterly Metrics And Ratios for Transcat

This table displays calculated financial ratios and metrics derived from Transcat's official financial filings.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 9/24/2022 12/24/2022 3/25/2023 6/24/2023 9/23/2023 12/23/2023 3/30/2024 6/29/2024 9/28/2024 12/28/2024 3/29/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 12.01% 12.77% 11.07% 10.86% 11.28% 13.53% 14.25% 10.08% 8.00% 2.44% 8.77%
EBITDA Growth		 7.28% 13.64% 21.10% 20.97% -15.12% 36.91% 49.38% 23.28% 58.69% -2.97% -4.27%
EBIT Growth		 -7.18% 28.09% 31.58% 32.71% -45.23% 40.53% 54.72% 8.57% 107.03% -22.37% -26.91%
NOPAT Growth		 -14.65% 37.93% 33.61% 13.28% -65.94% 41.18% 48.79% 18.20% 250.76% -53.00% -25.00%
Net Income Growth		 -21.82% -1.72% 20.01% -4.00% -80.48% 109.12% 88.35% 49.47% 614.35% -29.60% -35.21%
EPS Growth		 -22.50% 0.00% 20.00% -5.00% -80.65% 80.95% 68.75% 26.32% 483.33% -34.21% -39.51%
Operating Cash Flow Growth		 -41.40% 79.25% -43.21% 268.87% 164.29% 24.91% 92.44% 18.42% -18.98% 15.40% 85.58%
Free Cash Flow Firm Growth		 30.27% 15.92% 65.75% 66.39% -158.62% -113.10% -322.45% -533.56% -15.30% -208.31% -195.02%
Invested Capital Growth		 17.31% 18.19% 10.50% 11.81% 33.79% 31.59% 31.88% 54.98% 30.29% 69.34% 63.83%
Revenue Q/Q Growth		 3.25% 1.71% 8.13% -2.37% 3.64% 3.76% 8.82% -5.93% 1.68% -1.58% 15.55%
EBITDA Q/Q Growth		 -3.65% -3.29% 62.65% -20.19% -32.39% 55.98% 77.47% -34.13% -12.97% -4.63% 63.79%
EBIT Q/Q Growth		 -10.41% -7.74% 128.67% -29.78% -63.02% 136.70% 151.76% -50.73% -29.49% -11.25% 116.11%
NOPAT Q/Q Growth		 -13.84% -13.83% 86.14% -18.04% -74.09% 257.19% 96.17% -34.89% -23.11% -52.14% 213.05%
Net Income Q/Q Growth		 -23.27% -32.07% 128.48% -19.38% -84.40% 627.83% 105.79% -36.02% -25.45% -28.27% 89.39%
EPS Q/Q Growth		 -22.50% -32.26% 128.57% -20.83% -84.21% 533.33% 113.16% -40.74% -27.08% -28.57% 96.00%
Operating Cash Flow Q/Q Growth		 56.24% 173.81% -65.95% 153.23% 11.94% 29.41% -47.54% 55.82% -23.41% 84.32% -15.64%
Free Cash Flow Firm Q/Q Growth		 52.66% -7.57% 51.30% -35.55% -264.19% 11.37% 3.45% -103.29% 33.72% -136.99% 7.61%
Invested Capital Q/Q Growth		 1.34% 0.44% 3.05% 6.60% 21.26% -1.21% 3.27% 25.27% 1.94% 28.40% -0.09%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 29.71% 28.57% 30.85% 30.88% 32.04% 32.13% 33.89% 33.96% 31.27% 29.48% 33.59%
EBITDA Margin		 10.40% 9.88% 14.87% 12.16% 7.93% 11.92% 19.44% 13.61% 11.65% 11.29% 16.00%
Operating Margin		 6.42% 5.51% 9.43% 7.66% 2.62% 6.59% 12.98% 7.64% 5.51% 3.15% 9.00%
EBIT Margin		 5.47% 4.97% 10.50% 7.55% 2.69% 6.15% 14.22% 7.45% 5.16% 4.66% 8.71%
Profit (Net Income) Margin		 4.18% 2.79% 5.89% 4.87% 0.73% 5.14% 9.72% 6.61% 4.84% 3.53% 5.79%
Tax Burden Percent		 76.30% 75.38% 75.80% 78.39% 57.36% 78.39% 71.74% 84.32% 88.50% 75.33% 71.36%
Interest Burden Percent		 100.00% 74.53% 74.05% 82.21% 47.40% 106.64% 95.25% 105.23% 105.99% 100.64% 93.11%
Effective Tax Rate		 23.70% 24.62% 24.20% 21.61% 42.64% 21.61% 28.26% 15.68% 11.50% 24.67% 28.64%
Return on Invested Capital (ROIC)		 8.11% 7.07% 11.76% 9.55% 2.19% 7.83% 14.16% 8.56% 6.02% 2.55% 6.98%
ROIC Less NNEP Spread (ROIC-NNEP)		 7.20% 5.24% 10.11% 8.13% 1.25% 7.62% 17.62% 9.36% 5.89% 25.39% -574.06%
Return on Net Nonoperating Assets (RNNOA)		 3.76% 2.51% 5.15% 3.94% 0.55% 0.42% 0.90% 0.68% 0.45% 0.34% -0.19%
Return on Equity (ROE)		 11.87% 9.58% 16.91% 13.49% 2.74% 8.24% 15.05% 9.24% 6.47% 2.89% 6.79%
Cash Return on Invested Capital (CROIC)		 -7.55% -7.77% -0.79% -2.25% -21.98% -19.71% -18.92% -35.45% -18.30% -45.27% -42.86%
Operating Return on Assets (OROA)		 6.91% 6.36% 12.96% 9.27% 3.01% 6.56% 15.27% 7.51% 4.89% 3.80% 7.21%
Return on Assets (ROA)		 5.27% 3.58% 7.28% 5.97% 0.82% 5.48% 10.43% 6.66% 4.59% 2.88% 4.79%
Return on Common Equity (ROCE)		 11.87% 9.58% 16.91% 13.49% 2.74% 8.24% 15.05% 9.24% 6.47% 2.89% 6.79%
Return on Equity Simple (ROE_SIMPLE)		 10.95% 10.58% 0.00% 9.54% 6.27% 4.77% 0.00% 5.76% 6.67% 6.03% 0.00%
Net Operating Profit after Tax (NOPAT)		 2.77 2.38 4.44 3.64 0.94 3.37 6.60 4.30 3.31 1.58 4.95
NOPAT Margin		 4.90% 4.15% 7.15% 6.00% 1.50% 5.17% 9.31% 6.45% 4.87% 2.37% 6.42%
Net Nonoperating Expense Percent (NNEP)		 0.91% 1.83% 1.65% 1.42% 0.95% 0.21% -3.47% -0.80% 0.12% -22.84% 581.04%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - 1.51% - - - 0.49% 1.55%
Cost of Revenue to Revenue		 70.29% 71.43% 69.15% 69.12% 67.96% 67.87% 66.11% 66.04% 68.73% 70.52% 66.41%
SG&A Expenses to Revenue		 12.83% 11.57% 11.03% 12.54% 18.51% 14.00% 9.82% 14.62% 13.70% 14.17% 12.62%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 23.28% 23.06% 21.42% 23.22% 29.43% 25.54% 20.91% 26.32% 25.76% 26.33% 24.60%
Earnings before Interest and Taxes (EBIT)		 3.09 2.85 6.52 4.58 1.69 4.01 10 4.97 3.50 3.11 6.72
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 5.87 5.67 9.23 7.37 4.98 7.77 14 9.08 7.90 7.54 12
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 5.56 5.55 6.59 6.02 5.28 4.35 4.37 4.17 4.13 3.47 2.38
Price to Tangible Book Value (P/TBV)		 45.29 45.54 39.84 35.99 83.67 10.41 9.88 11.17 10.46 20.85 12.38
Price to Revenue (P/Rev)		 2.35 2.36 2.85 2.82 3.01 3.79 3.79 4.12 4.11 3.58 2.45
Price to Earnings (P/E)		 50.77 52.48 61.40 63.11 84.27 91.23 72.09 72.36 61.96 57.57 47.06
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 1.97% 1.91% 1.63% 1.58% 1.19% 1.10% 1.39% 1.38% 1.61% 1.74% 2.12%
Enterprise Value to Invested Capital (EV/IC)		 3.96 4.04 4.78 4.54 4.11 4.89 4.91 4.42 4.40 3.18 2.25
Enterprise Value to Revenue (EV/Rev)		 2.58 2.57 3.05 3.01 3.22 3.67 3.67 4.04 4.03 3.72 2.57
Enterprise Value to EBITDA (EV/EBITDA)		 22.91 22.83 26.21 25.34 28.72 31.34 28.86 30.93 28.96 27.06 19.38
Enterprise Value to EBIT (EV/EBIT)		 41.05 40.20 44.26 41.86 50.05 54.78 48.95 54.09 50.32 48.74 39.04
Enterprise Value to NOPAT (EV/NOPAT)		 50.97 49.13 54.66 53.89 67.93 73.41 65.08 69.92 62.12 64.32 50.46
Enterprise Value to Operating Cash Flow (EV/OCF)		 36.67 30.00 41.52 31.77 28.26 30.79 29.21 31.59 33.65 29.71 18.32
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.55 0.52 0.49 0.44 0.39 0.02 0.02 0.01 0.01 0.15 0.11
Long-Term Debt to Equity		 0.53 0.49 0.47 0.42 0.37 0.01 0.01 0.00 0.00 0.14 0.11
Financial Leverage		 0.52 0.48 0.51 0.48 0.44 0.05 0.05 0.07 0.08 0.01 0.00
Leverage Ratio		 1.99 1.96 2.01 1.92 1.89 1.50 1.49 1.41 1.40 1.34 1.31
Compound Leverage Factor		 1.99 1.46 1.49 1.58 0.89 1.60 1.42 1.49 1.49 1.34 1.22
Debt to Total Capital		 35.50% 34.04% 33.02% 30.40% 27.82% 2.12% 1.81% 1.35% 1.10% 12.97% 10.23%
Short-Term Debt to Total Capital		 1.54% 1.54% 1.51% 1.43% 1.20% 1.04% 1.02% 0.89% 0.88% 0.75% 0.57%
Long-Term Debt to Total Capital		 33.96% 32.50% 31.51% 28.97% 26.63% 1.08% 0.79% 0.46% 0.23% 12.23% 9.67%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 64.50% 65.96% 66.98% 69.60% 72.18% 97.88% 98.19% 98.65% 98.90% 87.03% 89.77%
Debt to EBITDA		 2.07 1.95 1.83 1.72 1.96 0.16 0.13 0.10 0.08 1.12 0.89
Net Debt to EBITDA		 2.03 1.88 1.77 1.64 1.91 -1.04 -0.94 -0.55 -0.55 1.00 0.85
Long-Term Debt to EBITDA		 1.98 1.86 1.75 1.64 1.87 0.08 0.06 0.04 0.02 1.06 0.84
Debt to NOPAT		 4.60 4.19 3.81 3.66 4.63 0.38 0.28 0.23 0.17 2.66 2.31
Net Debt to NOPAT		 4.52 4.05 3.70 3.49 4.52 -2.43 -2.12 -1.24 -1.19 2.37 2.20
Long-Term Debt to NOPAT		 4.40 4.00 3.64 3.48 4.43 0.19 0.12 0.08 0.03 2.51 2.18
Altman Z-Score		 5.20 5.36 6.12 6.29 5.57 10.71 11.17 12.15 13.66 6.77 5.42
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 2.52 2.42 2.39 2.68 2.32 3.37 3.14 2.96 3.59 2.42 2.29
Quick Ratio		 1.66 1.58 1.65 1.90 1.64 2.70 2.49 2.23 2.77 1.80 1.70
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -18 -20 -9.55 -13 -47 -42 -40 -82 -54 -129 -119
Operating Cash Flow to CapEx		 134.51% 367.69% 131.39% 272.35% 315.13% 298.69% 136.98% 242.90% 172.64% 439.11% 394.36%
Free Cash Flow to Firm to Interest Expense		 0.00 -26.81 0.00 -15.90 -52.95 -515.64 0.00 -1,576.55 -714.94 -647.10 -252.60
Operating Cash Flow to Interest Expense		 0.00 11.96 0.00 9.26 9.48 134.78 0.00 171.62 89.93 63.31 22.56
Operating Cash Flow Less CapEx to Interest Expense		 0.00 8.70 0.00 5.86 6.47 89.65 0.00 100.96 37.84 48.89 16.84
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.26 1.28 1.23 1.23 1.12 1.07 1.07 1.01 0.95 0.82 0.83
Accounts Receivable Turnover		 5.63 6.11 5.39 5.85 5.70 6.10 5.55 5.82 5.74 5.64 5.32
Inventory Turnover		 11.48 10.31 10.95 10.99 10.38 10.39 10.23 10.68 11.64 12.32 11.85
Fixed Asset Turnover		 8.58 8.61 8.31 8.24 7.66 7.65 7.63 6.98 6.51 6.21 6.26
Accounts Payable Turnover		 12.59 11.82 10.80 0.00 12.90 13.63 12.84 14.44 14.22 13.41 13.38
Days Sales Outstanding (DSO)		 64.86 59.71 67.67 62.44 64.05 59.86 65.75 62.72 63.58 64.69 68.56
Days Inventory Outstanding (DIO)		 31.80 35.41 33.35 33.21 35.15 35.14 35.68 34.18 31.36 29.63 30.81
Days Payable Outstanding (DPO)		 28.99 30.87 33.80 0.00 28.29 26.78 28.43 25.29 25.67 27.22 27.28
Cash Conversion Cycle (CCC)		 67.68 64.25 67.23 95.65 70.91 68.21 73.01 71.62 69.27 67.09 72.09
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 142 143 147 157 190 188 194 243 248 318 318
Invested Capital Turnover		 1.65 1.70 1.64 1.59 1.46 1.52 1.52 1.33 1.24 1.08 1.09
Increase / (Decrease) in Invested Capital		 21 22 14 17 48 45 47 86 58 130 124
Enterprise Value (EV)		 563 577 704 713 782 920 953 1,074 1,090 1,012 714
Market Capitalization		 513 529 656 667 730 950 984 1,093 1,111 975 683
Book Value per Share		 $12.23 $12.61 $13.18 $14.49 $17.98 $24.75 $25.50 $28.72 $29.39 $30.55 $30.82
Tangible Book Value per Share		 $1.50 $1.54 $2.18 $2.42 $1.14 $10.35 $11.28 $10.72 $11.62 $5.09 $5.93
Total Capital		 143 144 149 159 192 223 229 266 272 323 320
Total Debt		 51 49 49 48 53 4.73 4.16 3.58 3.00 42 33
Total Long-Term Debt		 49 47 47 46 51 2.41 1.82 1.22 0.61 39 31
Net Debt		 50 48 48 46 52 -30 -31 -19 -21 37 31
Capital Expenditures (CapEx)		 2.37 2.38 2.27 2.77 2.68 3.66 4.18 3.67 3.96 2.87 2.70
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 39 36 40 40 38 37 39 42 47 43 44
Debt-free Net Working Capital (DFNWC)		 40 38 42 42 39 72 74 65 71 47 46
Net Working Capital (NWC)		 38 36 39 40 37 69 72 62 69 45 44
Net Nonoperating Expense (NNE)		 0.41 0.78 0.78 0.69 0.48 0.02 -0.29 -0.11 0.02 -0.78 0.49
Net Nonoperating Obligations (NNO)		 50 48 48 46 52 -30 -31 -19 -21 37 31
Total Depreciation and Amortization (D&A)		 2.78 2.82 2.71 2.79 3.29 3.76 3.70 4.11 4.40 4.43 5.63
Debt-free, Cash-free Net Working Capital to Revenue		 17.91% 16.15% 17.35% 16.91% 15.69% 14.59% 14.96% 15.87% 17.45% 15.67% 15.90%
Debt-free Net Working Capital to Revenue		 18.33% 16.86% 18.01% 17.82% 16.20% 28.63% 28.52% 24.40% 26.25% 17.37% 16.45%
Net Working Capital to Revenue		 17.31% 15.87% 17.04% 16.86% 15.26% 27.71% 27.62% 23.51% 25.37% 16.49% 15.79%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.31 $0.21 $0.49 $0.39 $0.06 $0.39 $0.82 $0.49 $0.36 $0.26 $0.47
Adjusted Weighted Average Basic Shares Outstanding		 7.55M 7.56M 7.55M 7.62M 7.82M 8.62M 8.24M 9.06M 9.16M 9.23M 9.19M
Adjusted Diluted Earnings per Share		 $0.31 $0.21 $0.48 $0.38 $0.06 $0.38 $0.81 $0.48 $0.35 $0.25 $0.49
Adjusted Weighted Average Diluted Shares Outstanding		 7.65M 7.67M 7.65M 7.76M 7.95M 8.75M 8.35M 9.20M 9.28M 9.33M 9.25M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 7.56M 7.56M 7.64M 7.69M 8.83M 8.83M 9.13M 9.15M 9.20M 9.31M 9.32M
Normalized Net Operating Profit after Tax (NOPAT)		 2.77 2.38 4.44 3.64 0.94 3.37 6.60 4.30 3.31 1.58 4.95
Normalized NOPAT Margin		 4.90% 4.15% 7.15% 6.00% 1.50% 5.17% 9.31% 6.45% 4.87% 2.37% 6.42%
Pre Tax Income Margin		 5.47% 3.70% 7.78% 6.21% 1.28% 6.55% 13.54% 7.84% 5.47% 4.69% 8.11%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 3.90 0.00 5.62 1.90 49.44 0.00 95.54 46.09 15.62 14.27
NOPAT to Interest Expense		 0.00 3.26 0.00 4.47 1.06 41.56 0.00 82.68 43.49 7.95 10.51
EBIT Less CapEx to Interest Expense		 0.00 0.65 0.00 2.22 -1.11 4.32 0.00 24.88 -6.00 1.21 8.54
NOPAT Less CapEx to Interest Expense		 0.00 0.01 0.00 1.07 -1.95 -3.57 0.00 12.02 -8.60 -6.47 4.79
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 14.56% 14.60% 4.18% 2.94% 26.04% 21.67% 35.95% 41.20% 31.70% 34.63% 24.56%

Key Financial Trends

Transcat delivered another quarter of healthy revenue growth while maintaining strong liquidity and manageable leverage. Operating cash flow remains positive, but profitability margins have contracted and free cash flow to the firm is negative due to elevated working capital and acquisition spending. Valuation multiples remain elevated, reflecting investor expectations for continued growth.

  • Revenue growth of 8.8% year-over-year in Q4 2025, extending a multi-quarter track record of double-digit top-line gains.
  • Net cash from operating activities of $10.6 million in Q4, showing resilient core cash generation despite working capital build.
  • Strong balance sheet metrics: current ratio of 2.29, Altman Z-score above 5, and net debt to EBITDA under 1.0x.
  • Ongoing capital expenditures of $2.7 million in Q4 support maintenance and growth of its service capabilities.
  • Invested capital increased by $124 million in Q4, reflecting expansion and acquisition activity.
  • Acquisition outlays of $1.3 million in Q4 boosted geographical and service breadth but pressured free cash flow.
  • Interest coverage remains strong with an EBIT to interest expense ratio over 14x, limiting financial risk.
  • NOPAT margin narrowed to 6.4% in Q4 2025 from over 9% a year ago, highlighting margin pressure from higher SG&A and cost of revenue.
  • Free cash flow to the firm was negative $119 million in Q4 due to working capital increases and acquisition spend.
  • Valuation multiples remain elevated, with a trailing P/E of ~47x and EV/EBITDA around 19x, leaving limited margin for execution missteps.
07/19/25 08:08 PMAI Generated. May Contain Errors.

Frequently Asked Questions About Transcat's Financials

When does Transcat's fiscal year end?

According to the most recent income statement we have on file, Transcat's financial year ends in March. Their financial year 2025 ended on March 29, 2025.

How has Transcat's net income changed over the last 10 years?

Transcat's net income appears to be on an upward trend, with a most recent value of $14.52 million in 2025, rising from $4.03 million in 2015. The previous period was $13.65 million in 2024. See where experts think Transcat is headed by visiting Transcat's forecast page.

What is Transcat's operating income?
Transcat's total operating income in 2025 was $17.87 million, based on the following breakdown:
  • Total Gross Profit: $89.45 million
  • Total Operating Expenses: $71.58 million
How has Transcat's revenue changed over the last 10 years?

Over the last 10 years, Transcat's total revenue changed from $123.62 million in 2015 to $278.42 million in 2025, a change of 125.2%.

How much debt does Transcat have?

Transcat's total liabilities were at $98.36 million at the end of 2025, a 57.7% increase from 2024, and a 253.4% increase since 2015.

How much cash does Transcat have?

In the past 10 years, Transcat's cash and equivalents has ranged from $65 thousand in 2015 to $19.65 million in 2024, and is currently $1.52 million as of their latest financial filing in 2025.

How has Transcat's book value per share changed over the last 10 years?

Over the last 10 years, Transcat's book value per share changed from 5.05 in 2015 to 30.82 in 2025, a change of 510.4%.


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This page (NASDAQ:TRNS) was last updated on 7/19/2025 by MarketBeat.com Staff
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