CVGI · Commercial Vehicle Group, 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 · CVGI

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$649.00M	$723.36M	$994.68M	$981.55M	$971.58M	$717.70M
Cost of Revenue	$580.62M	$650.24M	$860.96M	$895.05M	$852.59M	$643.62M
Gross Profit	$68.39M	$73.12M	$133.72M	$86.50M	$118.99M	$74.08M
R&D	-	-	-	-	-	-
SG&A	$69.04M	$73.88M	$85.66M	$66.36M	$69.41M	$64.79M
Total Operating Expenses	-	-	-	-	-	-
D&A	$14.74M	$17.38M	$17.63M	$18.18M	$18.50M	$18.49M
Operating Income	($656.0K)	($758.0K)	$48.06M	$20.14M	$49.58M	($23.17M)
Interest Expense	$13.03M	$9.17M	$10.69M	$9.83M	$11.18M	$20.60M
Income Tax	$4.74M	$27.49M	($13.24M)	$20.90M	$8.39M	($7.45M)
Net Income	($22.78M)	($27.87M)	$49.41M	($21.97M)	$23.73M	($37.05M)
EPS - Basic	-	-	$1.50	($0.68)	$0.75	($1.20)
EPS - Diluted	-	-	$1.47	($0.68)	$0.72	($1.20)

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$33.28M	$26.63M	$37.85M	$31.82M	$34.96M	$50.50M
Accounts Receivable	$86.26M	$118.68M	$133.95M	$152.63M	$174.47M	$151.10M
Inventory	$118.56M	$128.22M	$128.08M	$142.54M	$141.04M	$91.25M
Accounts Payable	$74.18M	$77.00M	$77.31M	$122.09M	$101.92M	$112.40M
Current Assets	$263.33M	$303.30M	$327.74M	$339.57M	$370.68M	$310.54M
Total Assets	$391.71M	$424.57M	$483.21M	$470.27M	$507.69M	$454.37M
Current Liabilities	$108.35M	$125.80M	$145.19M	$175.84M	$162.13M	$164.89M
Long-term Debt	$104.00M	$127.06M	$126.20M	$141.50M	$185.58M	$144.15M
Total Liabilities	$258.36M	$288.98M	$310.28M	$350.23M	$381.04M	$359.00M
Stockholders' Equity	$133.36M	$135.59M	$172.93M	$120.04M	$126.65M	$95.37M
Retained Earnings	($96.83M)	($74.05M)	($46.18M)	($95.59M)	($73.62M)	($97.36M)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$44.64M	($33.45M)	$38.28M	$68.95M	($29.83M)	$34.37M
Investing Cash Flow	($10.61M)	$30.90M	($19.70M)	($19.71M)	($17.57M)	($6.42M)
Financing Cash Flow	($29.23M)	($7.12M)	($12.73M)	($50.09M)	$31.01M	($19.26M)
CapEx	$10.65M	$18.52M	$19.70M	$19.71M	$17.65M	$7.14M
Free Cash Flow	$33.99M	($51.97M)	$18.58M	$49.24M	($47.48M)	$27.23M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	10.5%	10.1%	13.4%	8.8%	12.2%	10.3%
Operating margin	-0.1%	-0.1%	4.8%	2.1%	5.1%	-3.2%
EBITDA margin	2.2%	2.3%	6.6%	3.9%	7.0%	-0.7%
Net margin	-3.5%	-3.9%	5.0%	-2.2%	2.4%	-5.2%
Free cash flow margin	5.2%	-7.2%	1.9%	5.0%	-4.9%	3.8%
FCF / Net income	-1.49	1.87	0.38	-2.24	-2.00	-0.73
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	10.6%	10.2%	8.6%	6.8%	7.1%	9.0%
Effective tax rate	-	-	-36.6%	-	26.1%	-
Return on assets	-5.8%	-6.6%	10.2%	-4.7%	4.7%	-8.2%
Return on equity	-17.1%	-20.6%	28.6%	-18.3%	18.7%	-38.8%
Return on invested capital	-0.2%	-0.2%	16.1%	6.1%	11.7%	-7.6%
Liquidity
Current ratio	2.43	2.41	2.26	1.93	2.29	1.88
Quick ratio	1.34	1.39	1.38	1.12	1.42	1.33
Cash ratio	0.31	0.21	0.26	0.18	0.22	0.31
Leverage
Debt / Equity	0.78	0.94	0.73	1.18	1.47	1.51
Debt / Assets	0.27	0.30	0.26	0.30	0.37	0.32
Debt / EBITDA	7.39	7.64	1.92	3.69	2.73	-
Interest coverage	-0.1x	-0.1x	4.5x	2.0x	4.4x	-1.1x
Equity multiplier	2.94	3.13	2.79	3.92	4.01	4.76
Liabilities / Assets	0.66	0.68	0.64	0.74	0.75	0.79
Efficiency
Asset turnover	1.66	1.70	2.06	2.09	1.91	1.58
Inventory turnover	4.90	5.07	6.72	6.28	6.04	7.05
Days sales outstanding	49d	60d	49d	57d	66d	77d
Days inventory outstanding	75d	72d	54d	58d	60d	52d
Days payable outstanding	47d	43d	33d	50d	44d	64d
Cash conversion cycle	76d	89d	71d	65d	82d	65d
Valuation
P / E	-	-	4.8x	-	11.2x	-
P / B	0.4x	0.6x	1.4x	1.8x	2.1x	2.8x
P / S	0.1x	0.1x	0.2x	0.2x	0.3x	0.4x
EV / EBITDA	8.5x	11.0x	4.9x	8.6x	6.1x	-
Growth
Revenue growth (YoY)	-10.3%	-27.3%	1.3%	1.0%	35.4%	-20.4%
Revenue CAGR (3y)	-12.9%	-9.4%	11.5%	2.9%	13.6%	-1.7%
Revenue CAGR (5y)	-2.0%	-4.3%	8.5%	5.4%	8.0%	-2.8%
Gross profit growth (YoY)	-6.5%	-45.3%	54.6%	-27.3%	60.6%	-29.5%
Operating income growth (YoY)	13.5%	-	138.6%	-59.4%	-	-
Net income growth (YoY)	18.3%	-	-	-	-	-
EPS growth (YoY)	-	-	-	-	-	-
EPS CAGR (3y)	-	-	-	-	-21.0%	-
EPS CAGR (5y)	-	-	0.1%	-	25.6%	-
FCF growth (YoY)	-	-	-62.3%	-	-	113.7%
FCF CAGR (5y)	4.5%	-	-7.1%	-	-	-7.7%
Book value growth (YoY)	-1.6%	-21.6%	44.1%	-5.2%	32.8%	-25.9%

Sales by segment

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

Business segments

$649.00M total

Global Seating$287.25M · 44.3%

Global Electrical Systems$203.19M · 31.3%

Trim Systems And Components$158.57M · 24.4%

Product / service

$410.39M total

Seats$277.14M · 67.5%

Plastic And Trim Components$123.14M · 30.0%

Mirrors Wipers And Controls$6.38M · 1.6%

Electrical Wire Harnesses Panels And Assemblies$3.73M · 0.9%

Geographic

$649.00M total

US$404.50M · 62.3%

Non Us$137.94M · 21.3%

CZK$106.56M · 16.4%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

1.94

Grey zone

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

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: Motor Vehicle Parts & Accessories

Company	Revenue (last FY)	Net margin	ROE
ALSN	$3.01B	20.7%	33.4%
ALV	$10.81B	6.8%	28.6%
DAN	$7.50B	1.1%	10.1%
PHIN	$3.48B	3.7%	8.2%
BWA	$14.32B	1.9%	5.1%

Comparing Commercial Vehicle Group against the 5 most active filers in the same SIC group.