Saturday 17 October 2026 Export TRNS’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 21.6%, EPS fell 60.0%, free cash flow grew 595.9% and total debt rose 220.9%, each against the same quarter a year earlier. Revenue growth for ten consecutive years; insiders bought in the last twelve months.

80.35 2.26 −2.74%

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Market cap: $773.2M
P/E: 217×
Fwd P/E: 195×
Dividend yield: —
F-score: 5/9
Altman Z: 3.49
Beneish M: −2.88
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.10

Total sells 0.05

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	1	—	—
Sell	—	—	—	—	—	—	—	—	—	1	—	—

Insider Ownership 2.38%

Capital & Financial Ratios $m

Market Cap 773.22

Revenue 348.40

Net Income 3.45

Free Cash Flow 25.36

Net Debt 103.68

Current Ratio 2.49

Debt/Equity 0.36

P/E ratio 217.16

Fwd P/E 195.00

P/S ratio 2.16

P/B ratio 2.48

Past 5Y EPS Growth (11.16%)

This Y EPS Growth 2.99%

Next Y EPS Growth 14.38%

Next Y revenue growth 12.36%

Next 5Y EPS Growth 11.93%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 97.20%

10-year low 10-year high

P/S against its own 10 years 54.04%

10-year low 10-year high

P/B against its own 10 years 30.04%

10-year low 10-year high

EV/Sales against its own 10 years 54.99%

10-year low 10-year high

EV/FCF against its own 10 years 35.23%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2018	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	35	2	5	7
Receivables	48	56	66	67
Inventory	17	14	14	15
Other	—	—	—	—
	105	78	92	96

	2024	2025	2026	Q'26
Payables	11	17	18	20
ST’ Debt	2	2	—	—
Other	—	—	—	—
	33	34	40	38

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%

Revenue $m

	Jun	Sep	Dec	Mar	Year
’26	93	—	—	—	—
’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	—	—	—	—
’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	—	—	—	—
’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.

EPS $

	Jun	Sep	Dec	Mar	Year
’26	0.14	—	—	—	—
’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.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	10.49	13.05	18.73	16.50	32.54	50.32	71.04	94.29	50.23	56.00	Analyst estimates 2027–2029 Powerpack
	High	15.15	25.35	34.18	36.49	101.05	95.79	115.41	147.12	111.29	100.00
People
People	Employees	585	606	685	772	765	918	1,030	1,104	1,245	1,413
	Revenue/emp, $m	0.25	0.26	0.23	0.22	0.23	0.22	0.22	0.24	0.22	0.23
Income, $m
Income, $m	Revenue	144	155	161	173	173	205	231	259	278	332
	Gross margin, %	24.30	24.13	24.45	24.54	26.61	28.51	29.65	32.30	32.13	32.63
	EBT	7	8	9	10	10	13	13	18	18	8
	EBT margin, %	4.98	5.12	5.74	5.62	5.76	6.44	5.85	7.11	6.58	2.41
	Net income	5	6	7	8	8	11	11	14	15	5
	Depreciation	6	6	6	7	8	10	11	14	19	26
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
	Earnings	0.65	0.83	0.99	1.10	1.05	1.52	1.42	1.66	1.58	0.58
	Cash flow	1.08	1.39	1.75	1.58	3.18	2.35	2.24	3.96	4.24	3.73
	Capex	(0.74)	(0.82)	(0.97)	(0.87)	(0.89)	(1.34)	(1.25)	(1.61)	(1.32)	(1.64)
	Free cash flow	0.34	0.56	0.77	0.70	2.30	1.01	1.00	2.35	2.93	2.09
	Book value	6.21	7.21	8.29	9.15	10.11	11.50	13.19	27.33	31.23	32.21
	Shares, m	7	7	7	7	7	7	8	8	9	9
Valuation, ×
Valuation, ×	P/E	20.16	18.61	22.85	24.09	46.74	53.38	63.40	68.27	46.82	126.64
	P/S	0.62	0.71	1.02	1.12	2.10	2.97	2.93	3.51	2.46	2.07
	P/B	2.05	2.14	2.76	2.90	4.85	7.06	6.77	4.05	2.38	2.28
	EV/Sales	0.80	0.85	1.15	1.29	2.21	3.20	3.13	3.39	2.57	2.36
	EV/FCF	49.00	33.06	33.19	43.38	22.50	86.51	95.74	45.52	26.59	39.98
Cash, $m
Cash, $m	Operating cash flow	8	10	13	12	24	18	17	33	39	35
	Capex	(5)	(6)	(7)	(6)	(7)	(10)	(9)	(13)	(12)	(15)
	Free cash flow	2	4	6	5	17	8	8	19	27	20
Balance, $m
Balance, $m	Working capital	16	19	23	28	24	32	39	72	44	53
	Total debt	27	23	21	30	20	48	49	4	33	100
	Net debt	26	22	20	30	19	47	48	(31)	31	95
	Shareholders’ equity	43	51	60	67	75	86	100	225	287	301
Returns, %
Returns, %	ROA	5.36	6.27	7.07	6.91	5.99	7.34	5.72	5.65	4.31	1.24
	ROIC	7.10	7.66	8.01	7.00	7.36	6.63	6.90	6.37	3.51	2.10
	ROE	10.99	12.50	12.88	12.73	10.96	14.11	11.50	8.40	5.67	1.83

Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
LZ LegalZoom.com, Inc.	$1.1B	62.9×	21.0×	+6.64% (above 0%: growing)	n/m	+6.58% (above 0%: growing)	68.16%	5.19%	Compare
BV BrightView Holdings, Inc.	$975.1M	— (loss-making)	36.5×	+1.31% (above 0%: growing)	n/m	+69.17% (above 0%: growing)	21.17%	4.50%	Compare
RHLD Resolute Holdings Management, Inc.	$921.6M	20.6×	—	+295.65% (above 0%: growing)	n/m	+64.98% (above 0%: growing)	34.87%	7.44%	Compare
KODK Eastman Kodak Company	$878.2M	— (loss-making)	19.1×	+18.25% (above 0%: growing)	n/m	+100.00% (above 0%: growing)	26.37%	4.82%	Compare
BUUU BUUU Group Limited	$819.7M	—	—	—	—	+124.80% (above 0%: growing)	—	—	Compare
TRNS Transcat, Inc.	$773.2M	217×	195×	+21.62% (above 0%: growing)	−60.00% (below 0%: shrinking)	+595.90% (above 0%: growing)	33.07%	4.00%
BKSY BlackSky Technology Inc.	$755.1M	— (loss-making)	— (loss-making)	+50.08% (above 0%: growing)	n/m	+36.34% (above 0%: growing)	79.00%	(23.41%)	Compare
CASS Cass Information Systems, Inc	$695.3M	19.3×	15.8×	+12.24% (above 0%: growing)	+23.88% (above 0%: growing)	+625.84% (above 0%: growing)	92.56%	0.00%	Compare
QUAD Quad Graphics, Inc	$488.7M	14.5×	8.1×	+0.98% (above 0%: growing)	n/m	+3.54% (above 0%: growing)	21.02%	2.58%	Compare
Median of peers	$848.9M	19.9×	19.1×	+12.24%	—	+67.08%	34.87%	4.50%

All 44 Specialty Business Services stocks →

Transcat, Inc. (TRNS) key facts

Concern: Net income was $5.4 million, or $0.58 per share (basic), a net margin of 1.62%.
Strength: Transcat, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $331.9 million, up 19.2% from fiscal 2025.
Transcat, Inc. (TRNS) is a Specialty Business Services company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, TRNS traded at $80.35, a market capitalization of $773.2 million.
At that price the stock trades at 217× trailing-twelve-month earnings and 2.2× sales; its P/E is higher than 97% of its own readings over the past ten years.
Return on equity was 1.83% and debt-to-equity 0.36.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 3.49 (safe zone) for fiscal 2026.