📊 TRNS Key Takeaways
Is Transcat Inc. (TRNS) a Good Investment?
While TRNS demonstrated solid 19.2% revenue growth, the 63% collapse in net income coupled with deteriorating profitability metrics (1.6% net margin, 1.8% ROE) signals severe operational challenges. Despite positive free cash flow of $19.6M, the company is failing to convert top-line growth into bottom-line profits.
Transcat Inc. Key Strengths (TRNS)
- Strong revenue growth of 19.2% YoY demonstrates market demand and sales execution
- Positive free cash flow of $19.6M indicates cash-generating operations despite profit issues
- Solid liquidity with current ratio of 2.33x and manageable debt at 0.33x leverage
TRNS Stock Risks: Transcat Inc. Investment Risks
- Net income collapsed 63% YoY despite revenue growth—indicates profitability crisis and operational deterioration
- Critically low net margin of 1.6% and ROE of 1.8% suggest business is structurally unprofitable or facing severe headwinds
- Minimal cash position of $4.9M relative to $480.5M asset base limits financial flexibility and emergency capacity
Key Metrics to Watch
- Operating margin trend and root cause of profitability decline to determine if temporary or structural
- Operating expense growth rate versus revenue growth to identify cost control deterioration
- Operating cash flow sustainability and working capital changes in next two quarters
Transcat Inc. (TRNS) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.33x current ratio provides a solid financial cushion.
TRNS Profit Margin, ROE & Profitability Analysis
TRNS vs Utilities Sector: How Transcat Inc. Compares
How Transcat Inc. compares to Utilities sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Transcat Inc. Stock Overvalued? TRNS Valuation Analysis 2026
Based on fundamental analysis, Transcat Inc. has mixed fundamental signals relative to the Utilities sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Transcat Inc. Balance Sheet: TRNS Debt, Cash & Liquidity
TRNS Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Transcat Inc.'s revenue has grown significantly by 62% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.63 reflects profitable operations.
TRNS Revenue Growth, EPS Growth & YoY Performance
TRNS Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2026 | $66.8M | -$1.1M | $-0.12 |
| Q2 2026 | $67.8M | $1.3M | $0.14 |
| Q1 2026 | $66.7M | $3.3M | $0.35 |
| Q3 2025 | $65.2M | $460.0K | $0.25 |
| Q2 2025 | $62.8M | $460.0K | $0.06 |
| Q1 2025 | $60.6M | $2.9M | $0.38 |
| Q3 2024 | $57.4M | $460.0K | $0.21 |
| Q3 2023 | $50.9M | $1.6M | $0.21 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Transcat Inc. Dividends, Buybacks & Capital Allocation
TRNS SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Transcat Inc. (CIK: 0000099302)
📋 Recent SEC Filings
❓ Frequently Asked Questions about TRNS
What is the AI rating for TRNS?
Transcat Inc. (TRNS) has an AI grade of C with 70% confidence, based on fundamental analysis of SEC EDGAR filings.
What are TRNS's key strengths?
Claude: Strong revenue growth of 19.2% YoY demonstrates market demand and sales execution. Positive free cash flow of $19.6M indicates cash-generating operations despite profit issues.
What are the risks of investing in TRNS?
Claude: Net income collapsed 63% YoY despite revenue growth—indicates profitability crisis and operational deterioration. Critically low net margin of 1.6% and ROE of 1.8% suggest business is structurally unprofitable or facing severe headwinds.
What is TRNS's revenue and growth?
Transcat Inc. reported revenue of $331.9M.
Does TRNS pay dividends?
Transcat Inc. does not currently pay dividends.
Where can I find TRNS SEC filings?
Official SEC filings for Transcat Inc. (CIK: 0000099302) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is TRNS's EPS?
Transcat Inc. has a diluted EPS of $0.57.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is TRNS's fundamental grade?
Based on our AI fundamental analysis in June 2026, Transcat Inc. has a C grade with 70% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is TRNS stock overvalued or undervalued?
Valuation metrics for TRNS: ROE of 1.8% (sector avg: 10%), net margin of 1.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
What is TRNS's AI grade for 2026?
Our dual AI analysis gives Transcat Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is TRNS's free cash flow?
Transcat Inc.'s operating cash flow is $34.9M, with capital expenditures of $15.3M. FCF margin is 5.9%.
How does TRNS compare to other Utilities stocks?
Vs Utilities sector averages: Net margin 1.6% (avg: 12%), ROE 1.8% (avg: 10%), current ratio 2.33 (avg: 0.8).