COHN · Cohen & Co Inc. - 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 · COHN

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$275.56M	$79.60M	$82.98M	$44.39M	$146.37M	$130.11M
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	-	-	-	-	-	-
Total Operating Expenses	$216.16M	$87.62M	$76.12M	$72.35M	$106.78M	$87.78M
D&A	$724.0K	$556.0K	$563.0K	$557.0K	$371.0K	$334.0K
Operating Income	$59.41M	($8.02M)	$6.86M	($27.96M)	$39.59M	$42.33M
Interest Expense	$35.22M	$38.35M	$31.34M	$33.70M	$48.73M	$66.20M
Income Tax	($632.0K)	($329.0K)	$5.54M	$4.79M	($1.61M)	($8.67M)
Net Income	$14.43M	($129.0K)	($5.11M)	($13.39M)	$11.28M	$14.21M
EPS - Basic	$8.33	($0.08)	($3.38)	($9.43)	$9.50	$12.56
EPS - Diluted	$4.35	($0.08)	($3.38)	($9.43)	$7.48	$7.66

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$56.76M	$19.59M	$10.65M	$29.10M	$50.57M	$42.00M
Accounts Receivable	-	-	-	-	-	-
Inventory	-	-	-	-	-	-
Accounts Payable	-	-	-	-	-	-
Current Assets	-	-	-	-	-	-
Total Assets	$700.59M	$971.15M	$772.76M	$887.05M	$3.65B	$6.15B
Current Liabilities	-	-	-	-	-	-
Long-term Debt	$32.90M	$34.90M	$29.72M	$29.02M	$43.39M	$47.10M
Total Liabilities	$597.50M	$880.87M	$680.96M	$793.03M	$3.50B	$6.05B
Stockholders' Equity	$51.08M	$41.73M	$41.68M	$46.74M	$61.41M	$43.91M
Retained Earnings	($26.59M)	($34.02M)	($32.01M)	($25.15M)	($9.73M)	($20.34M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$27.35M	$9.47M	($39.66M)	($23.49M)	$18.32M	$41.44M
Investing Cash Flow	$26.21M	$16.51M	$38.12M	$13.80M	($22.53M)	($11.95M)
Financing Cash Flow	($17.30M)	($16.72M)	($17.11M)	($11.50M)	$13.16M	$3.79M
CapEx	$1.25M	$1.25M	$373.0K	$573.0K	$1.03M	$217.0K
Free Cash Flow	$26.10M	$8.23M	($40.03M)	($24.06M)	$17.29M	$41.22M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	21.6%	-10.1%	8.3%	-63.0%	27.1%	32.5%
EBITDA margin	21.8%	-9.4%	8.9%	-61.7%	27.3%	32.8%
Net margin	5.2%	-0.2%	-6.2%	-30.2%	7.7%	10.9%
Free cash flow margin	9.5%	10.3%	-48.2%	-54.2%	11.8%	31.7%
FCF / Net income	1.81	-63.77	7.83	1.80	1.53	2.90
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	-	-	-	-	-	-
Effective tax rate	-4.6%	-	1283.6%	-	-16.7%	-156.6%
Return on assets	2.1%	-0.0%	-0.7%	-1.5%	0.3%	0.2%
Return on equity	28.3%	-0.3%	-12.3%	-28.6%	18.4%	32.4%
Return on invested capital	70.7%	-8.3%	4.8%	-29.2%	37.8%	46.5%
Liquidity
Current ratio	-	-	-	-	-	-
Quick ratio	-	-	-	-	-	-
Cash ratio	-	-	-	-	-	-
Leverage
Debt / Equity	0.64	0.84	0.71	0.62	0.71	1.07
Debt / Assets	0.05	0.04	0.04	0.03	0.01	0.01
Debt / EBITDA	0.55	-	4.00	-	1.09	1.10
Interest coverage	1.7x	-0.2x	0.2x	-0.8x	0.8x	0.6x
Equity multiplier	13.72	23.27	18.54	18.98	59.50	140.05
Liabilities / Assets	0.85	0.91	0.88	0.89	0.96	0.98
Efficiency
Asset turnover	0.39	0.08	0.11	0.05	0.04	0.02
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	-	-	-	-	-	-
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	5.4x	-	-	-	2.0x	2.1x
P / B	2.8x	1.4x	0.2x	0.3x	1.3x	1.9x
P / S	0.5x	0.7x	0.1x	0.3x	0.5x	0.6x
EV / EBITDA	1.9x	-	3.9x	-	1.8x	2.1x
Growth
Revenue growth (YoY)	246.2%	-4.1%	86.9%	-69.7%	12.5%	162.0%
Revenue CAGR (3y)	83.8%	-18.4%	-13.9%	-3.7%	43.6%	39.9%
Revenue CAGR (5y)	16.2%	9.9%	10.9%	-1.4%	21.5%	23.0%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	-	-	-	-	-6.5%	947.5%
Net income growth (YoY)	-	97.5%	61.8%	-	-20.6%	-
EPS growth (YoY)	-	97.6%	64.2%	-	-2.3%	-
EPS CAGR (3y)	-	-	-	-	-	68.5%
EPS CAGR (5y)	-10.7%	-	-	-	108.5%	-
FCF growth (YoY)	217.2%	-	-66.4%	-	-58.0%	-
FCF CAGR (5y)	-8.7%	-	-	-	-	-
Book value growth (YoY)	22.4%	0.1%	-10.8%	-23.9%	39.9%	31.8%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$275.56M total

Capital Markets$234.96M · 85.3%

Principal Investing$30.00M · 10.9%

Asset Management Segment$10.61M · 3.9%

Product / service

$215.64M total

New Issue And Advisory$187.61M · 87.0%

Gestational Repo Business$19.21M · 8.9%

Asset Management1$8.82M · 4.1%

Geographic

$275.56M total

US$265.58M · 96.4%

Non Us$9.98M · 3.6%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

6/9

Neutral

✓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: Security Brokers, Dealers & Flotation Companies

Company	Revenue (last FY)	Net margin	ROE
HOOD	$4.47B	42.1%	27.1%
SCHW	$23.92B	37.0%	17.9%
PIPR	$1.90B	14.8%	20.5%
RJF	$15.91B	13.4%	17.1%
IBKR	$6.21B	15.9%	18.3%

Comparing Cohen & Co Inc. against the 5 most active filers in the same SIC group.

Dividends

$3.70/share trailing 12 months · +270.0% YoY

Ex-date	Per share
May 18, 2026	$0.2500
Mar 20, 2026	$0.9500
Jan 7, 2026	$2.0000
Nov 19, 2025	$0.2500
Aug 15, 2025	$0.2500
May 16, 2025	$0.2500
Mar 26, 2025	$0.2500
Nov 20, 2024	$0.2500
Aug 22, 2024	$0.2500
May 17, 2024	$0.2500
Mar 21, 2024	$0.2500
Nov 16, 2023	$0.2500
Aug 17, 2023	$0.2500
May 17, 2023	$0.2500
Mar 21, 2023	$0.2500
Nov 17, 2022	$0.2500
Aug 17, 2022	$0.2500
May 19, 2022	$0.2500
Mar 21, 2022	$1.0000
Nov 15, 2021	$0.2500
Aug 12, 2021	$0.2500
May 21, 2019	$0.2000
Mar 19, 2019	$0.2000
Nov 15, 2018	$0.2000