NASDAQ : TRNS
Transcat, Inc. — Financial statements
Industrials · Specialty Business Services · United States
Last price 86.41 USD (Oct 30, 2026, 3:14 PM EDT) · Market cap 808.78M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Transcat, Inc. (TRNS) reported revenue of 348.40M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 348.40M | 331.88M | 278.42M | 259.48M | 230.57M | 204.96M |
| Cost of Revenue | 235.18M | 223.57M | 188.97M | 175.68M | 162.21M | 146.52M |
| Gross Profit | 113.22M | 108.30M | 89.45M | 83.81M | 68.36M | 58.44M |
| Selling, General & Admin | 97.79M | 92.59M | 71.14M | 62.83M | 51.91M | 43.40M |
| Operating Expenses | 97.79M | 92.59M | 71.14M | 62.83M | 51.91M | 43.40M |
| Operating Income | 15.43M | 15.71M | 18.32M | 20.98M | 16.45M | 15.04M |
| Interest Expense | -5.67M | -4.60M | -798.00K | -1.83M | -2.42M | -810.00K |
| Interest & Investment Income | 15.00K | 23.00K | 825.00K | 808.00K | ||
| Currency Exchange Gain (Loss) | -200.00K | -200.00K | -100.00K | -100.00K | 400.00K | |
| Other Non Operating Income (Expenses) | -181.00K | -495.00K | 525.00K | -215.00K | -744.00K | -143.00K |
| EBT Excluding Unusual Items | 9.39M | 10.44M | 18.77M | 19.64M | 13.69M | 14.09M |
| Merger & Restructuring Charges | -1.34M | -744.00K | -1.28M | -1.20M | -200.00K | -900.00K |
| Other Unusual Items | -2.44M | -1.71M | 836.00K | |||
| Pretax Income | 5.61M | 7.99M | 18.33M | 18.44M | 13.49M | 13.19M |
| Income Tax Expense | 2.16M | 2.61M | 3.81M | 4.79M | 2.80M | 1.81M |
| Net Income | 3.45M | 5.38M | 14.52M | 13.65M | 10.69M | 11.38M |
| Net Income to Common | 3.45M | 5.38M | 14.52M | 13.65M | 10.69M | 11.38M |
| Shares Outstanding (Basic) | 9.34M | 9.33M | 9.19M | 8.24M | 7.55M | 7.50M |
| Shares Outstanding (Diluted) | 9.40M | 9.38M | 9.25M | 8.35M | 7.64M | 7.59M |
| EPS (Basic) | 0.37 | 0.58 | 1.58 | 1.66 | 1.42 | 1.52 |
| EPS (Diluted) | 0.36 | 0.57 | 1.57 | 1.63 | 1.40 | 1.50 |
| Free Cash Flow | 25.36M | 19.55M | 25.79M | 19.34M | 7.54M | 7.47M |
| Free Cash Flow Per Share | 2.70 | 2.08 | 2.79 | 2.31 | 0.99 | 0.98 |
| Gross Margin | 32.50% | 32.63% | 32.13% | 32.30% | 29.65% | 28.51% |
| Operating Margin | 4.43% | 4.74% | 6.58% | 8.09% | 7.13% | 7.34% |
| Profit Margin | 0.99% | 1.62% | 5.21% | 5.26% | 4.63% | 5.55% |
| Free Cash Flow Margin | 7.28% | 5.89% | 9.26% | 7.45% | 3.27% | 3.64% |
| EBITDA | 42.96M | 41.88M | 36.88M | 34.52M | 27.40M | 24.61M |
| EBITDA Margin | 12.33% | 12.62% | 13.25% | 13.30% | 11.88% | 12.01% |
| D&A For EBITDA | 27.53M | 26.17M | 18.57M | 13.54M | 10.96M | 9.57M |
| EBIT | 15.43M | 15.71M | 18.32M | 20.98M | 16.45M | 15.04M |
| EBIT Margin | 4.43% | 4.74% | 6.58% | 8.09% | 7.13% | 7.34% |
| Effective Tax Rate | 38.56% | 32.71% | 20.80% | 25.99% | 20.75% | 13.72% |
| Revenue as Reported | 348.40M | 331.88M | 278.42M | 259.48M | 230.57M | 204.96M |
| Advertising Expenses | 2.60M | 2.00M | 1.60M | 1.20M | 1.10M |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 6.71M | 4.94M | 1.52M | 19.65M | 1.53M | 1.40M |
| Short-Term Investments | 15.53M | |||||
| Cash & Short-Term Investments | 6.71M | 4.94M | 1.52M | 35.18M | 1.53M | 1.40M |
| Accounts Receivable | 66.75M | 65.17M | 55.94M | 47.78M | 44.70M | 39.74M |
| Other Receivables | 727.00K | 672.00K | 373.00K | 506.00K | 506.00K | 558.00K |
| Receivables | 67.47M | 65.84M | 56.31M | 48.28M | 45.20M | 40.30M |
| Inventory | 14.78M | 13.71M | 14.48M | 17.42M | 16.93M | 12.71M |
| Prepaid Expenses | 6.77M | 7.97M | 5.70M | 4.28M | 3.83M | 5.20M |
| Other Current Assets | 100.00K | 100.00K | ||||
| Total Current Assets | 95.73M | 92.46M | 78.01M | 105.16M | 67.60M | 59.70M |
| Property, Plant & Equipment | 90.17M | 90.17M | 74.37M | 55.77M | 43.94M | 37.47M |
| Long-Term Investments | 100.00K | 100.00K | 200.00K | 200.00K | ||
| Goodwill | 226.81M | 218.19M | 176.93M | 105.58M | 69.36M | 65.07M |
| Other Intangible Assets | 78.19M | 77.71M | 54.78M | 19.99M | 13.80M | 14.69M |
| Other Long-Term Assets | 1.72M | 1.97M | 1.06M | 955.00K | 851.00K | 627.00K |
| Total Assets | 492.63M | 480.49M | 385.24M | 287.55M | 195.75M | 177.76M |
| Accounts Payable | 20.30M | 17.93M | 16.75M | 11.49M | 15.87M | 14.17M |
| Accrued Expenses | 9.48M | 12.08M | 7.92M | 10.50M | 6.49M | 11.38M |
| Current Portion of Long-Term Debt | 1.82M | 2.34M | 2.25M | 2.16M | ||
| Current Portion of Leases | 4.47M | 4.38M | 3.62M | 2.51M | 2.33M | |
| Current Income Taxes Payable | 2.93M | |||||
| Other Current Liabilities | 4.17M | 5.24M | 3.93M | 3.73M | 1.38M | |
| Total Current Liabilities | 38.42M | 39.63M | 34.04M | 33.50M | 28.32M | 27.71M |
| Long-Term Debt | 110.39M | 99.89M | 30.89M | 1.82M | 46.87M | 46.29M |
| Long-Term Leases | 28.39M | 29.00M | 21.39M | 14.87M | 12.96M | 9.19M |
| Pension & Post-Retirement Benefits | 1.18M | 1.19M | 1.01M | 1.13M | 1.27M | 1.33M |
| Long-Term Deferred Tax Liabilities | 11.36M | 10.17M | 9.29M | 9.29M | 6.54M | 6.72M |
| Other Long-Term Liabilities | 1.74M | 1.77M | 168.00K | 341.00K | ||
| Total Liabilities | 189.73M | 179.87M | 98.36M | 62.38M | 96.12M | 91.59M |
| Common Stock | 4.68M | 4.67M | 4.66M | 4.42M | 3.78M | 3.77M |
| Additional Paid-In Capital | 200.63M | 199.12M | 191.17M | 141.62M | 27.89M | 23.90M |
| Retained Earnings | 98.85M | 97.76M | 92.52M | 80.07M | 69.16M | 58.74M |
| Comprehensive Income & Other | -1.26M | -923.00K | -1.47M | -949.00K | -1.20M | -233.00K |
| Shareholders' Equity | 302.90M | 300.62M | 286.88M | 225.17M | 99.63M | 86.18M |
| Total Liabilities & Equity | 492.63M | 480.49M | 385.24M | 287.55M | 195.75M | 177.76M |
| Total Debt | 143.25M | 133.26M | 57.73M | 21.54M | 64.41M | 57.65M |
| Net Cash (Debt) | -136.54M | -128.32M | -56.21M | 13.64M | -62.88M | -56.25M |
| Net Cash Per Share | -14.52 | -13.68 | -6.07 | 1.63 | -8.22 | -7.41 |
| Filing Date Shares Outstanding | 9.36M | 9.34M | 9.32M | 9.13M | 7.64M | 7.55M |
| Total Common Shares Outstanding | 9.36M | 9.33M | 9.32M | 8.84M | 7.56M | 7.53M |
| Working Capital | 57.32M | 52.83M | 43.97M | 71.66M | 39.28M | 31.99M |
| Book Value Per Share | 32.36 | 32.21 | 30.79 | 25.47 | 13.17 | 11.45 |
| Tangible Book Value | -2.10M | 4.73M | 55.17M | 99.60M | 16.47M | 6.41M |
| Tangible Book Value Per Share | -0.22 | 0.51 | 5.92 | 11.27 | 2.18 | 0.85 |
| Machinery | 121.54M | 106.08M | 87.82M | 72.62M | 66.22M | |
| Leasehold Improvements | 12.16M | 9.79M | 9.47M | 8.19M | 7.22M | |
| Order Backlog | 7.25M | 3.32M |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 3.45M | 5.38M | 14.52M | 13.65M | 10.69M | 11.38M |
| Depreciation & Amortization | 27.53M | 26.17M | 18.57M | 13.54M | 10.96M | 9.57M |
| Other Amortization | 142.00K | 104.00K | ||||
| Loss (Gain) From Sale of Assets | 223.00K | 232.00K | -886.00K | 53.00K | 88.00K | 88.00K |
| Stock-Based Compensation | 8.40M | 7.55M | 3.25M | 4.51M | 3.38M | 2.33M |
| Provision & Write-off of Bad Debts | 468.00K | 471.00K | 336.00K | 406.00K | 74.00K | 34.00K |
| Other Operating Activities | 7.51M | 6.85M | 3.44M | -832.00K | -186.00K | 559.00K |
| Change in Accounts Receivable | -6.63M | -6.58M | -1.29M | -1.26M | -5.23M | -3.39M |
| Change in Inventory | 1.99M | 839.00K | 4.39M | 2.32M | -3.38M | -122.00K |
| Change in Accounts Payable | 6.05M | 965.00K | 4.94M | -5.00M | 1.60M | 1.90M |
| Change in Income Taxes | -376.00K | -2.92M | 2.90M | -653.00K | ||
| Change in Other Net Operating Assets | -8.71M | -7.13M | -5.35M | 2.33M | -1.04M | -4.07M |
| Operating Cash Flow | 40.04M | 34.85M | 38.98M | 32.62M | 16.95M | 17.62M |
| Capital Expenditures | -14.68M | -15.30M | -13.20M | -13.28M | -9.41M | -10.15M |
| Sale of Property, Plant & Equipment | 1.10M | 10.00K | 109.00K | |||
| Cash Acquisitions | -95.33M | -82.53M | -87.44M | -12.86M | -9.11M | -29.81M |
| Investment in Securities | 15.53M | -15.53M | ||||
| Investing Cash Flow | -110.02M | -97.82M | -84.00M | -41.67M | -18.51M | -39.85M |
| Long-Term Debt Issued | 156.68M | 68.63M | 58.07M | 2.79M | 31.00M | |
| Long-Term Debt Repaid | -90.18M | -40.08M | -103.03M | -2.12M | -2.11M | |
| Net Debt Issued (Repaid) | 75.22M | 66.49M | 28.55M | -44.96M | 665.00K | 28.89M |
| Issuance of Common Stock | 1.75M | 842.00K | 1.87M | 77.27M | 658.00K | 1.49M |
| Repurchase of Common Stock | -2.32M | -469.00K | -3.56M | -4.91M | -447.00K | -6.68M |
| Other Financing Activities | -365.00K | -365.00K | ||||
| Financing Cash Flow | 74.28M | 66.50M | 26.86M | 27.40M | 876.00K | 23.69M |
| Foreign Exchange Rate Adjustments | 542.00K | -103.00K | 24.00K | -228.00K | 821.00K | -625.00K |
| Net Cash Flow | 4.85M | 3.42M | -18.13M | 18.11M | 135.00K | 836.00K |
| Free Cash Flow | 25.36M | 19.55M | 25.79M | 19.34M | 7.54M | 7.47M |
| Free Cash Flow Margin | 7.28% | 5.89% | 9.26% | 7.45% | 3.27% | 3.64% |
| Free Cash Flow Per Share | 2.70 | 2.08 | 2.79 | 2.31 | 0.99 | 0.98 |
| Levered Free Cash Flow | 27.98M | 21.10M | 13.00M | 17.74M | 4.12M | 3.17M |
| Unlevered Free Cash Flow | 31.38M | 23.87M | 13.50M | 18.89M | 5.63M | 3.68M |
| Cash Interest Paid | 780.00K | |||||
| Cash Income Tax Paid | 2.33M | 2.22M | 7.84M | 3.10M | 1.12M | 3.90M |
| Change in Working Capital | -7.67M | -11.90M | -237.00K | 1.29M | -8.04M | -6.34M |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 822.91M | 665.57M | 683.13M | 983.83M | 656.26M | 558.15M |
| Enterprise Value | 959.45M | 796.10M | 744.51M | 970.69M | 716.84M | 603.25M |
| Last Close Price | 87.92 | 71.32 | 73.38 | 111.43 | 86.79 | 74.21 |
| PE Ratio | 244.06 | 123.80 | 47.06 | 72.09 | 61.40 | 49.05 |
| Forward PE | 116.60 | 99.86 | 50.00 | 54.60 | 62.42 | 45.98 |
| PS Ratio | 2.36 | 2.00 | 2.45 | 3.79 | 2.85 | 2.72 |
| PB Ratio | 2.72 | 2.21 | 2.38 | 4.37 | 6.59 | 6.48 |
| P/TBV Ratio | 140.77 | 12.38 | 9.88 | 39.84 | 87.08 | |
| P/FCF Ratio | 32.45 | 34.04 | 26.49 | 50.88 | 87.07 | 74.76 |
| P/OCF Ratio | 20.55 | 19.10 | 17.52 | 30.16 | 38.72 | 31.68 |
| PEG Ratio | 5.83 | 9.87 | 6.25 | 2.18 | 3.12 | 2.87 |
| EV/Sales Ratio | 2.75 | 2.40 | 2.67 | 3.74 | 3.11 | 2.94 |
| EV/EBITDA Ratio | 22.34 | 19.01 | 20.19 | 28.11 | 26.16 | 24.51 |
| EV/EBIT Ratio | 62.18 | 50.66 | 40.65 | 46.27 | 43.58 | 40.10 |
| EV/FCF Ratio | 37.83 | 40.72 | 28.87 | 50.20 | 95.11 | 80.80 |
| Debt / Equity Ratio | 0.47 | 0.44 | 0.20 | 0.10 | 0.65 | 0.67 |
| Debt / EBITDA Ratio | 2.81 | 2.68 | 1.31 | 0.52 | 1.97 | 1.99 |
| Debt / FCF Ratio | 5.65 | 6.82 | 2.24 | 1.11 | 8.55 | 7.72 |
| Net Debt / Equity Ratio | 0.45 | 0.43 | 0.20 | -0.06 | 0.63 | 0.65 |
| Net Debt / EBITDA Ratio | 3.18 | 3.06 | 1.52 | -0.40 | 2.29 | 2.29 |
| Net Debt / FCF Ratio | 5.38 | 6.56 | 2.18 | -0.70 | 8.34 | 7.53 |
| Asset Turnover | 0.79 | 0.77 | 0.83 | 1.07 | 1.24 | 1.32 |
| Inventory Turnover | 15.59 | 15.86 | 11.85 | 10.23 | 10.95 | 12.04 |
| Quick Ratio | 1.93 | 1.79 | 1.70 | 2.49 | 1.65 | 1.50 |
| Current Ratio | 2.49 | 2.33 | 2.29 | 3.14 | 2.39 | 2.15 |
| Return on Equity (ROE) | 1.16% | 1.83% | 5.67% | 8.40% | 11.50% | 14.11% |
| Return on Assets (ROA) | 2.18% | 2.27% | 3.40% | 5.43% | 5.50% | 6.07% |
| Return on Invested Capital (ROIC) | 2.18% | 2.74% | 5.23% | 8.30% | 8.55% | 10.62% |
| Return on Capital Employed (ROCE) | 3.40% | 3.60% | 5.20% | 8.30% | 9.80% | 10.00% |
| Earnings Yield | 0.41% | 0.81% | 2.12% | 1.39% | 1.63% | 2.04% |
| FCF Yield | 3.08% | 2.94% | 3.77% | 1.97% | 1.15% | 1.34% |
| Buyback Yield / Dilution | -1.06% | -1.36% | -10.80% | -9.25% | -0.74% | -0.54% |