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Transcat, Inc.

TRNS Industrials Specialty Business Services

Transcat, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $331.9 million, up 19.2% from fiscal 2025.

Revenue
+18.0%
EPS
+83.6%
Free cash flow
−28.3%
Total debt
+4.47%

Quarter to September 2026, against a year earlier

101.90 1.52 +1.51%
Market cap
$944.1M
P/E
208×
Fwd P/E
150×
Dividend yield
—
F-score
5/9
Altman Z
3.49
Beneish M
−2.88
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.10
Sold, $m 0.05
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — 1 — — —
Sell — — — — — — — — 1 — — —
Insider Ownership 2.77%

Capital & Financial Ratios $m

Size
Market Cap 944.06
Revenue ttm 363.22
Net income ttm 4.59
Free cash flow ttm 22.97
Net debt Q 111.13
Valuation
P/E 207.62 (above 35: high)
Forward P/E 150.00 (above 35: high)
Price / sales 2.61
Forward P/S Powerpack
Price / FCF 41.33
Price / book 3.07
Financial health
Current ratio Q 2.57 (at or above 1.5: strong)
Debt / equity Q 0.38 (at or below 0.5: strong)
Interest coverage Q 3.17
Growth
Revenue growth Q +18.01% (above 0%: growing)
Operating income growth Q +43.59% (above 0%: growing)
EPS, this year +11.63%
EPS, next year A +13.53%
Revenue, next year A +12.48% (at or above 10%: strong)
EPS, past 5 yrs −11.16% (below 0%: weak)
EPS, next 5 yrs A +12.57%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.9×, against a ten-year median of 2.2×; over the ten years it ranged from 0.6× in 2016 to 4.1× in 2024.
P/E against its own 10 years 97.62%
10-year low 10-year high
P/S against its own 10 years 68.32%
10-year low 10-year high
P/B against its own 10 years 52.95%
10-year low 10-year high
EV/Sales against its own 10 years 74.84%
10-year low 10-year high
EV/FCF against its own 10 years 63.50%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 35 2 5 6
Receivables 48 56 66 72
Inventory 17 14 14 15
Other — — — —
105 78 92 100
2024 2025 2026 Q'26
Payables 11 17 18 21
ST’ Debt 2 2 — —
Other — — — —
33 34 40 39

Compound Annual Growth %

10y 5y 3y
Sales 10.51% 13.87% 12.91%
Cash Flow 12.24% 8.07% 27.16%
Earnings 2.69% (7.15%) (20.47%)
Book Value 22.69% 31.98% 44.50%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY27 Estimate 0.42 Actual 0.64

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q3 FY26 0.30 0.26 Miss by 0.04
Q4 FY26 0.51 0.56 Beat by 0.05
Q1 FY27 0.37 0.51 Beat by 0.14
Q2 FY27 0.42 0.64 Beat by 0.22
Q3 FY27 0.25 — Reports 2 February 2027

EPS $

Jun Sep Dec Mar Year
’26 0.14 0.25 — — —
’26 0.35 0.14 (0.12) 0.21 0.57
’25 0.48 0.35 0.25 0.48 1.57
’24 0.38 0.06 0.38 0.77 1.63
’23 0.40 0.31 0.21 0.48 1.40
’22 0.49 0.40 0.21 0.40 1.50
’21 0.11 0.27 0.23 0.42 1.03
Fiscal quarters ending in the months shown.

Revenue $m

Jun Sep Dec Mar Year
’26 93 97 — — —
’26 76 82 84 89 332
’25 67 68 67 77 278
’24 61 63 65 71 259
’23 55 56 57 62 231
’22 48 50 51 56 205
’21 39 42 44 49 173
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 9 10 — — —
’26 4 13 12 6 35
’25 9 7 13 11 39
’24 8 8 11 6 33
’23 2 3 9 3 17
’22 2 5 5 5 18
’21 4 8 3 8 24
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 5 6 — — —
’26 (1) 8 9 3 20
’25 5 3 11 8 27
’24 5 6 7 2 19
’23 0 1 6 1 8
’22 1 3 3 1 8
’21 3 7 2 6 17
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Sep ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 144 155 161 173 173 205 231 259 278 332 363 +9.7% 373 398 425 +8.6%
Gross margin, % 24.30 24.13 24.45 24.54 26.61 28.51 29.65 32.30 32.13 32.63 32.79 +8.3 pt
EBT 7 8 9 10 10 13 13 18 18 8 7 +1.2%
EBT margin, % 4.98 5.12 5.74 5.62 5.76 6.44 5.85 7.11 6.58 2.41 1.86 (2.6) pt
Net income 5 6 7 8 8 11 11 14 15 5 5 +1.9%
Per share, $
Per share, $ Revenue 20.57 21.78 22.36 23.61 23.35 27.34 30.53 31.49 30.31 35.56 38.68 +6.3%
Earnings 0.65 0.83 0.99 1.10 1.05 1.52 1.42 1.66 1.58 0.58 0.49 (1.3%)
Cash flow 1.08 1.39 1.75 1.58 3.18 2.35 2.24 3.96 4.24 3.73 3.97 +14.8%
Capex (0.74) (0.82) (0.97) (0.87) (0.89) (1.34) (1.25) (1.61) (1.32) (1.64) (1.53) +9.2%
Free cash flow 0.34 0.56 0.77 0.70 2.30 1.01 1.00 2.35 2.93 2.09 2.45 +22.5%
Book value 6.21 7.21 8.29 9.15 10.11 11.50 13.19 27.33 31.23 32.21 32.93 +20.1%
Shares, m 7 7 7 7 7 7 8 8 9 9 9 +3.3%
Valuation, ×
Valuation, × P/E 20.16 18.61 22.85 24.09 46.74 53.38 63.40 68.27 46.82 126.64 207.62 49.1
P/S 0.62 0.71 1.02 1.12 2.10 2.97 2.93 3.51 2.46 2.07 2.61 2.0
P/B 2.05 2.14 2.76 2.90 4.85 7.06 6.77 4.05 2.38 2.28 3.07 3.7
EV/Sales 0.80 0.85 1.15 1.29 2.21 3.20 3.13 3.39 2.57 2.36 2.92 2.1
EV/FCF 49.00 33.06 33.19 43.38 22.50 86.51 95.74 45.52 26.59 39.98 46.22 47.5
Cash, $m
Cash, $m Operating cash flow 8 10 13 12 24 18 17 33 39 35 37 +18.5%
Capex (5) (6) (7) (6) (7) (10) (9) (13) (12) (15) (14) +12.8%
Free cash flow 2 4 6 5 17 8 8 19 27 20 23 +26.5%
Balance, $m
Balance, $m Working capital 16 19 23 28 24 32 39 72 44 53 61 +14.3%
Net debt 26 22 20 30 19 47 48 (31) 31 95 111 +15.2%
Shareholders’ equity 43 51 60 67 75 86 100 225 287 301 309 +24.0%
Returns, %
Returns, % ROA 5.36 6.27 7.07 6.91 5.99 7.34 5.72 5.65 4.31 1.24 0.93 (4.1) pt
ROIC 7.10 7.66 8.01 7.00 7.36 6.63 6.90 6.37 3.51 2.10 1.96 (5.0) pt
ROE 10.99 12.50 12.88 12.73 10.96 14.11 11.50 8.40 5.67 1.83 1.52 (9.2) pt
People
People Employees 585 606 685 772 765 918 1,030 1,104 1,245 1,413 — +10.3%
Revenue/emp, $m 0.25 0.26 0.23 0.22 0.23 0.22 0.22 0.24 0.22 0.23 — (0.5%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Mar 2026 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Transcat, Inc. vs peers in Specialty Business Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BV BrightView Holdings, Inc. $1.1B — (loss-making) — (loss-making) +1.31% (above 0%: growing) n/m +69.17% (above 0%: growing) 21.17% 4.50% Compare
TH Target Hospitality Corp. $1.0B — (loss-making) — (loss-making) +38.71% (above 0%: growing) n/m +486.17% (above 0%: growing) 18.49% (8.77%) Compare
RHLD Resolute Holdings Management, Inc. $1.0B 23.4× — +295.65% (above 0%: growing) n/m +64.98% (above 0%: growing) 34.87% 7.44% Compare
LZ LegalZoom.com, Inc. $1.0B 51.2× 27.7× +2.62% (above 0%: growing) +66.67% (above 0%: growing) −27.39% (below 0%: shrinking) 70.75% 6.94% Compare
BUUU BUUU Group Limited $997.0M — — — — +124.80% (above 0%: growing) — — Compare
TRNS Transcat, Inc. $944.1M 208× 150× +18.01% (above 0%: growing) +83.57% (above 0%: growing) −28.28% (below 0%: shrinking) 33.61% 5.18%
BKSY BlackSky Technology Inc. $782.5M — (loss-making) — (loss-making) +118.39% (above 0%: growing) n/m +100.16% (above 0%: growing) 0.00% 0.95% Compare
KODK Eastman Kodak Company $725.9M — (loss-making) 32.5× +2.60% (above 0%: growing) n/m −129.41% (below 0%: shrinking) 26.45% 5.43% Compare
CASS Cass Information Systems, Inc $695.5M 19.1× 17.3× +12.24% (above 0%: growing) +23.88% (above 0%: growing) +625.84% (above 0%: growing) 92.56% 0.00% Compare
Median of peers $1.0B 23.4× 27.7× +12.24% — +84.67% 26.45% 4.50%

All 45 Specialty Business Services stocks →

Pay and ownership Proxy statement filed 23 July 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2026 5.86m 4.74m 149.65
2025 1.82m 103.86k 151.69
2024 2.44m 2.21m 227.04
2023 1.44m 1.42m 182.13
2022 1.35m 1.51m 165.32

Ownership

Directors and executive officers, together 1.80%
Conestoga Capital Advisors and Conestoga Funds 10.80%
Neuberger Berman Group LLC, et al. 10.00%
Royce & Associates, LP One Madison Avenue New York, NY 6.60%
BlackRock, Inc. 6.40%
Hood River Capital Management LLC 5.80%
Ophir Asset Management Pty Ltd Level 5.20%
Vanguard Capital Management 5.10%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Transcat, Inc. (TRNS) Latest News

5 Nov

Impact 3 · · Simply Wall St.

4 Nov

Impact 3 · · The Motley Fool transcript
Impact 3 · · Moby
Impact 3 · · GuruFocus.com transcript

3 Nov

Impact 4 · · Business Wire
Impact 3 · · MarketBeat transcript
Impact 3 · · StockStory
Impact 3 · · Zacks

29 Oct

Impact 3 · · Zacks

21 Oct

Impact 3 · · StockStory

20 Oct

Impact 3 · · Business Wire

19 Oct

Impact 3 · · StockStory

14 Oct

Impact 3 · · StockStory

29 Sep

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28 Sep

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22 Sep

Impact 3 · · StockStory

31 Aug

Impact 4 ·

13 Aug

Impact 3 ·

11 Aug

Impact 4 · · The Motley Fool transcript

5 Aug

Impact 3 · · Moby
Impact 3 ·

4 Aug

Impact 4 ·
Impact 3 · · MarketBeat transcript
Impact 3 ·
Impact 3 ·

4 Jun

Impact 3 · · StockStory

27 May

Impact 4 · · GuruFocus.com
Impact 3 · · Moby transcript

26 May

Impact 3 · · MarketBeat transcript
Impact 3 · · The Motley Fool transcript
stockrow.com/TRNS · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com