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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%
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 (at or above 1.5: strong)
Debt/Equity 0.36 (at or below 0.5: strong)
P/E ratio 217.16 (above 35: high)
Fwd P/E 195.00 (above 35: high)
P/S ratio 2.16
P/B ratio 2.48
Past 5Y EPS Growth (11.16%) (below 0%: weak)
This Y EPS Growth 2.99%
Next Y EPS Growth 14.38%
Next Y revenue growth 12.36% (at or above 10%: strong)
Next 5Y EPS Growth 11.93%

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

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.5×, 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 97.20%
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.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
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

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
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.

Source: company filings (standardised) and stockrow calculations.

Transcat, Inc. (TRNS) Latest News

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stockrow.com/TRNS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com