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TRNS Financials Transcat Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 13.9% per year over the past 5 years.
  • Net income has grown slower than revenue (-7.2% vs 13.9% per year).
  • Operating margin has contracted, at 4.0% in the latest year.
  • Free cash flow has grown 2.8% per year over the past 5 years.

Financial health

  • Total debt ($100M) exceeds cash ($5M); net debt is $95M.
  • Total debt has grown faster than revenue (38.6% vs 13.9% per year).
  • Operating income covered interest expense 2.9× in the latest year.
  • Total debt is 2.5× EBITDA.
Revenue & net income
$0 $166M $332M 2012 2014 2016 2018 2020 2022 2024 2026
RevenueNet income
Margins (gross / operating / net)
0% 16% 33% 2012 2014 2016 2018 2020 2022 2024 2026
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $13M $26M 2012 2014 2016 2018 2020 2022 2024 2026
Free cash flow
Cash vs total debt
$0 $50M $100M 2012 2014 2016 2018 2020 2022 2024 2026
CashTotal debt
Cash flow: operating / investing / financing
-$98M -$16M $67M $0 2012 2014 2016 2018 2020 2022 2024 2026
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2026 $332M $5M 32.6% 4.0% $20M $100M $5M
2025 $278M $15M 32.1% 6.4% $26M $33M $2M
2024 $259M $14M 32.3% 7.6% $19M $4M $20M
2023 $231M $11M 29.6% 7.0% $8M $49M $2M
2022 $205M $11M 28.5% 6.9% $7M $48M —
2021 $173M $8M 26.6% 6.4% $17M $20M $560000
2020 $173M $8M 24.5% 6.3% $5M $30M $499000
2019 $161M $7M 24.5% 6.4% $6M $21M $788000
2018 $155M $6M 24.1% 5.8% $4M $23M $577000
2017 $144M $5M 24.3% 5.5% $2M $27M $842000
2016 — $4M — — — $19M $641000
2015 — $4M — — $939000 $12M $65000
2014 — $4M — — $6M $8M $23000
2013 — $4M — — $3M $8M $406000
2012 — $3M — — $5M $3M $32000

Valuation over time

How the market has priced TRNS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 79.8 159.5 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 2.3 4.6 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is TRNS growing its revenue and profit?

Over the past 5 years, Transcat Inc's revenue has grown 13.9% per year, and net income declined 7.2% per year. These are computed facts, not advice.

How much debt does TRNS have?

As of FY2026, Transcat Inc reported $100M of total debt against $5M of cash; operating income covered interest expense 2.9×.

What is TRNS's profit margin?

In FY2026, gross margin was 32.6%, operating margin 4.0%, and net margin 1.6%.

What is TRNS's P/E ratio?

As of Jun '26, Transcat Inc traded at a price-to-earnings ratio of about 159.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.