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Technology

CTS Corporation (CTS)

Technology $1.7B market cap

Data as of July 17, 2026

Environment
65.00
People
85.00
Leadership
80.00

Environment story

CTS Corporation demonstrates limited environmental disclosure and moderate governance of emissions. The company acknowledges a potential EPA settlement for prior period costs, indicating historical environmental compliance issues. No net-zero target year, Scope 1/2/3 emissions data, or renewable energy percentage is disclosed in the 10-K filing. The absence of quantified GHG targets and scope-based emissions reporting—combined with undisclosed Scope 3 emissions—triggers mandatory deductions per the rubric. The company invests in R&D (4.7% of sales) but no verified physical decarbonization infrastructure investments are detailed. Environmental reporting remains opaque relative to peer disclosure standards.

Criticisms on file

  • Potential EPA Settlement - Prior Period Environmental Costs
    Source: CTS 10-K, Item 7 MD&A: 'a one-time charge related to the potential settlement of prior period costs with the U.S. Environmental Protection Agency (the EPA)' included in SG&A expenses 2025.
  • Environmental Contingencies Disclosure
    Source: CTS 10-K, Critical Accounting Policies: 'Changes in the estimates on which the accruals are based, unanticipated government enforcement action, or changes in health, safety, environmental, and chemical control regulations and testing requirements could, and have, resulted in higher or lower costs.'

Disclosed initiatives

  • Research and Development Investment
    CTS invested $25,268 thousand (4.7% of net sales) in R&D during 2025, up from $23,388 thousand in 2024. Company states commitment to 'invest in research and product development to drive long-term organic growth.'
    No verified connection to decarbonization or emissions reduction infrastructure disclosed.
  • SyQwest Acquisition
    Acquired SyQwest, LLC in July 2024 for $121,912 thousand. SyQwest manufactures sonar and marine sensing products.
    No environmental sustainability metrics disclosed for acquisition target.

Social story

CTS demonstrates adequate social governance in disclosed areas but with limited transparency. No CEO-to-median-worker pay ratio is disclosed, preventing verification of executive compensation alignment. Diversity metrics for leadership and workforce are not reported in the 10-K filing. The company operates in aerospace & defense, industrial, medical, and transportation sectors with global manufacturing footprint (North America, Europe, Asia), but supply-chain labor audits and human-rights due diligence are not addressed in available filings. No documented union suppression, strikes, or major labor litigation within 24 months is evident. Dividend payments ($4,750 thousand in 2025) and share buybacks ($56,178 thousand in 2025) indicate capital discipline, but employee-focused initiatives remain undisclosed.

Criticisms on file

No material criticisms on file for this pillar.

Disclosed initiatives

  • Dividend and Capital Returns
    CTS returned capital to shareholders through dividends of $4,750 thousand in 2025 and treasury stock repurchases of $56,178 thousand in 2025.
    No direct social benefit; capital allocation decision reflects shareholder prioritization.
  • Restructuring and Workforce Adjustment
    Restructuring charges of $1,396 thousand in 2025 (vs. $4,697 thousand in 2024) 'primarily related to changes to adjust our business in response to demand changes across certain locations and products.'
    No detail on employee severance, retraining, or transition support programs disclosed.

Governance story

CTS Corporation exhibits standard governance practices with no evidence of severe violations in the 10-K filing. Board independence percentage, share structure details (single vs. dual-class), and lobbying expenditures are not disclosed. The company completed debt refinancing in November 2025, negotiating modified covenants for 'additional flexibility,' and reduced total debt from $92,300 thousand to $57,500 thousand year-over-year, signaling prudent financial stewardship. No antitrust proceedings, SEC consent decrees, or material privacy fines are mentioned. No shareholder activism or contested governance proposals are referenced. The absence of disclosed lobbying spend, PAC contributions, and board composition details limits assessment of governance rigor relative to ESG standards.

Criticisms on file

No material criticisms on file for this pillar.

Disclosed initiatives

  • Debt Refinancing and Covenant Modernization
    On November 24, 2025, CTS entered into a new five-year $300 million revolving credit facility (expandable by $125 million). New facility replaced expiring $400 million facility, modified financial and non-financial covenants, and is unsecured. Interest rate swaps employed to fix costs on $50 million through December 2026.
    Improved liquidity access and covenant flexibility; reduced weighted-average borrowing rate from 6.41% (2024) to 5.48% (2025).
  • Debt Reduction
    Total debt decreased by $34,800 thousand (38% reduction) year-over-year via scheduled repayment, demonstrating deleveraging discipline.
    Strengthened balance sheet; reduced financial risk and interest burden.

These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of CTS Corporation. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open CTS Corporation in the app for interactive charts and portfolio building.

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