CoverageForm 410-K10-Q8-K13D13G13F

CODI · Compass Diversified Holdings - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · CODI

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$1.87B$2.20B$2.06B$2.26B$1.84B$1.56B
Cost of Revenue$1.06B$1.20B$1.17B$1.36B$1.12B$997.98M
Gross Profit$814.39M$1.00B$893.32M$907.74M$725.96M$562.78M
R&D$16.60M$16.90M$14.60M$12.90M$11.90M$3.00M
SG&A$660.67M$587.52M$549.59M$553.64M$459.20M$371.26M
Total Operating Expenses------
D&A$142.52M$147.67M$146.41M$142.55M$120.54M$104.98M
Operating Income$11.11M$230.13M$90.07M$175.57M$139.50M$94.83M
Interest Expense$175.27M$106.68M$105.18M$83.51M$58.84M$45.77M
Income Tax($945.0K)$49.01M$21.33M$45.03M$18.34M$16.89M
Net Income($226.41M)$12.81M$246.29M$36.39M$114.55M$22.78M
EPS - Basic-($3.83)----
EPS - Diluted($3.59)($1.14)$2.46($0.10)$0.73($0.34)

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$68.02M$59.73M$450.48M$61.27M$157.13M$70.74M
Accounts Receivable$202.89M$444.39M$318.24M$341.44M$268.26M$232.51M
Inventory$404.10M$962.41M$740.39M$732.43M$562.08M$363.37M
Accounts Payable$96.33M$104.30M$93.41M$94.21M$120.41M$101.67M
Current Assets$845.16M$1.57B$1.60B$1.21B$1.14B$708.37M
Total Assets$3.04B$4.05B$3.82B$3.85B$3.14B$2.60B
Current Liabilities$349.62M$384.79M$312.36M$359.83M$381.53M$294.71M
Long-term Debt$1.84B$1.76B$1.66B$1.82B$1.28B$899.46M
Total Liabilities$2.47B$2.49B$2.30B$2.49B$1.86B$1.38B
Stockholders' Equity$442.02M$1.30B$1.33B$1.14B$1.11B$1.10B
Retained Earnings($1.31B)($386.32M)($249.24M)($372.91M)($314.27M)($211.00M)

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow($6.83M)($67.64M)$78.08M($28.29M)$134.05M$148.63M
Investing Cash Flow($42.61M)($422.45M)$570.50M($626.73M)($317.50M)($700.83M)
Financing Cash Flow$55.09M$100.61M($260.16M)$556.88M$273.21M$521.73M
CapEx$44.31M$56.70M$55.78M$64.27M$39.88M$30.76M
Free Cash Flow($51.15M)($124.34M)$22.30M($92.56M)$94.17M$117.86M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin43.5%45.5%43.4%40.1%39.4%36.1%
Operating margin0.6%10.5%4.4%7.8%7.6%6.1%
EBITDA margin8.2%17.2%11.5%14.1%14.1%12.8%
Net margin-12.1%0.6%12.0%1.6%6.2%1.5%
Free cash flow margin-2.7%-5.7%1.1%-4.1%5.1%7.6%
FCF / Net income0.23-9.710.09-2.540.825.17
R&D / Revenue0.9%0.8%0.7%0.6%0.6%0.2%
SG&A / Revenue35.3%26.7%26.7%24.5%24.9%23.8%
Effective tax rate-79.3%8.0%55.3%13.8%42.6%
Return on assets-7.4%0.3%6.5%0.9%3.6%0.9%
Return on equity-51.2%1.0%18.6%3.2%10.3%2.1%
Return on invested capital0.4%3.8%2.8%3.0%5.0%2.7%
Liquidity
Current ratio2.424.075.133.363.002.40
Quick ratio1.261.572.761.331.521.17
Cash ratio0.190.161.440.170.410.24
Leverage
Debt / Equity4.161.361.251.601.160.82
Debt / Assets0.610.430.440.470.410.35
Debt / EBITDA11.984.667.035.744.944.50
Interest coverage0.1x2.2x0.9x2.1x2.4x2.1x
Equity multiplier6.883.122.883.392.832.36
Liabilities / Assets0.810.610.600.650.590.53
Efficiency
Asset turnover0.620.540.540.590.590.60
Inventory turnover2.621.241.571.851.982.75
Days sales outstanding40d74d56d55d53d54d
Days inventory outstanding139d293d232d197d184d133d
Days payable outstanding33d32d29d25d39d37d
Cash conversion cycle146d335d259d227d198d150d
Valuation
P / E--9.1x-41.9x-
P / B0.8x1.3x1.2x1.0x--
P / S0.2x0.8x0.8x0.5x--
EV / EBITDA13.9x9.1x12.0x9.2x--
Growth
Revenue growth (YoY)-14.8%6.8%-9.1%22.9%18.0%7.6%
Revenue CAGR (3y)-6.1%6.1%9.7%16.0%2.9%16.8%
Revenue CAGR (5y)3.7%8.7%4.0%18.3%13.5%16.1%
Gross profit growth (YoY)-18.6%12.0%-1.6%25.0%29.0%8.3%
Operating income growth (YoY)-95.2%155.5%-48.7%25.9%47.1%57.5%
Net income growth (YoY)--94.8%576.9%-68.2%402.9%-92.5%
EPS growth (YoY)-214.9%-----
EPS CAGR (3y)------
EPS CAGR (5y)----7.4%-
FCF growth (YoY)58.9%----20.1%137.3%
FCF CAGR (5y)---19.0%-1.5%16.8%
Book value growth (YoY)-65.9%-2.3%16.7%2.3%1.1%-1.4%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

0.45
Distress

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

3/9
Weak
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Household Furniture

CompanyRevenue (last FY)Net marginROE
LEG$4.06B5.8%23.0%
TPX$7.48B5.1%12.4%
SNBR$1.41B-9.3%22.8%
PRPL$468.73M-11.0%173.2%
LZB---

Comparing Compass Diversified Holdings against the 5 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months · -100.0% YoY

Ex-datePer share
Apr 17, 2025$0.2500
Jan 16, 2025$0.2500
Oct 17, 2024$0.2500
Jul 18, 2024$0.2500
Apr 17, 2024$0.2500
Jan 17, 2024$0.2500
Oct 18, 2023$0.2500
Jul 19, 2023$0.2500
Apr 19, 2023$0.2500
Jan 18, 2023$0.2500
Oct 19, 2022$0.2500
Jul 20, 2022$0.2500
Apr 20, 2022$0.2500
Jan 12, 2022$0.2500
Oct 14, 2021$0.3600
Aug 30, 2021$0.8800
Jul 14, 2021$0.3600
Apr 14, 2021$0.3600
Jan 14, 2021$0.3600
Oct 14, 2020$0.3600
Jul 15, 2020$0.3600
Apr 15, 2020$0.3600
Jan 15, 2020$0.3600
Oct 16, 2019$0.3600