What is Commercial Vehicle Group's operating income?

Commercial Vehicle Group's total operating income in 2024 was -$758 thousand, based on the following breakdown: Total Gross Profit: $73.12 million Total Operating Expenses: $73.88 million

Commercial Vehicle Group (CVGI) Financials

$4.62 -0.08 (-1.60%)

As of 11:28 AM Eastern

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Annual Income Statements for Commercial Vehicle Group

This table shows Commercial Vehicle Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	7.63	7.06	6.79	-2.27	41	16	-37	24	-22	49	-28
Consolidated Net Income / (Loss)	7.63	7.06	6.79	-2.27	41	16	-37	24	-22	49	-28
Net Income / (Loss) Continuing Operations	7.63	7.06	6.79	-2.27	41	16	-37	24	-17	44	-36
Total Pre-Tax Income	13	17	6.83	13	50	22	-45	32	4.28	28	-8.24
Total Operating Income	34	38	25	30	63	41	-23	50	25	40	-0.76
Total Gross Profit	108	111	87	91	125	105	74	119	85	121	73
Total Revenue	840	825	662	755	898	901	718	972	783	835	723
Operating Revenue	840	825	662	755	898	901	718	972	783	835	723
Total Cost of Revenue	732	715	575	664	773	796	644	853	698	714	650
Operating Cost of Revenue	732	715	575	664	773	796	644	853	698	714	650
Total Operating Expenses	74	73	62	61	62	65	97	69	60	81	74
Selling, General & Admin Expense	72	71	60	60	61	65	68	69	60	81	74
Total Other Income / (Expense), net	-21	-21	-18	-17	-13	-19	-21	-17	-21	-11	-7.48
Interest Expense	21	21	19	19	15	17	21	18	10	10	9.68
Other Income / (Expense), net	-0.22	0.15	1.24	1.94	1.31	-2.23	-0.73	0.88	-10	-1.20	2.20
Income Tax Expense	5.13	9.76	0.05	15	8.09	5.78	-7.45	8.39	21	-15	27
Net Income / (Loss) Discontinued Operations	-	-	-	-	-	-	-	-	-5.35	5.78	7.87
Basic Earnings per Share	$0.26	$0.24	$0.23	($0.08)	$1.37	$0.52	($1.20)	$0.75	($0.68)	$1.50	($0.83)
Weighted Average Basic Shares Outstanding	28.93M	29.21M	29.53M	29.94M	30.28M	30.60M	30.94M	31.50M	32.33M	33.04M	33.42M
Diluted Earnings per Share	$0.26	$0.24	$0.23	($0.08)	$1.36	$0.51	($1.20)	$0.72	($0.68)	$1.47	($0.83)
Weighted Average Diluted Shares Outstanding	29.12M	29.40M	29.88M	29.94M	30.59M	30.82M	30.94M	32.79M	32.33M	33.58M	33.42M
Weighted Average Basic & Diluted Shares Outstanding	29.30M	29.40M	29.50M	28.40M	30.30M	31.33M	32.51M	32.88M	33.35M	33.90M	34.64M

This table shows Commercial Vehicle Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	7.29	23	2.94	-1.60	9.51	-39	-4.31	-4.76	-7.08	0.90
Consolidated Net Income / (Loss)	7.29	23	2.94	-1.60	9.51	-39	-4.31	-4.76	-7.08	0.90
Net Income / (Loss) Continuing Operations	4.68	20	1.45	-1.30	-0.88	-36	-3.14	-4.11	-6.82	0.90
Total Pre-Tax Income	6.05	-2.41	2.11	-1.56	-2.40	-8.02	-1.02	-2.38	-6.13	2.80
Total Operating Income	8.92	0.37	4.51	1.06	-1.06	-7.03	1.41	0.80	-1.06	15
Total Gross Profit	29	18	23	20	16	9.05	18	20	16	20
Total Revenue	203	108	195	194	172	90	170	172	152	171
Operating Revenue	203	108	195	194	172	90	170	172	152	171
Total Cost of Revenue	174	89	171	173	155	81	152	152	136	152
Operating Cost of Revenue	174	89	171	173	155	81	152	152	136	152
Total Operating Expenses	20	18	19	19	17	16	16	19	17	5.10
Selling, General & Admin Expense	20	18	19	19	17	16	16	19	17	19
Other Special Charges / (Income)	-	-	-	-	-	-	0.00	-	-	-14
Total Other Income / (Expense), net	-2.87	-2.77	-2.40	-2.62	-1.34	-0.99	-2.43	-3.18	-5.07	-12
Interest Expense	2.49	2.07	2.19	2.42	2.37	2.57	2.50	2.75	4.07	6.05
Other Income / (Expense), net	-0.38	-0.71	-0.21	-0.21	1.03	1.59	0.07	-0.43	-1.00	-5.86
Income Tax Expense	1.37	-23	0.67	-0.26	-1.52	28	2.12	1.73	0.69	1.89
Net Income / (Loss) Discontinued Operations	2.61	-	1.49	-0.30	10	-	-1.17	-0.66	-0.26	0.00
Basic Earnings per Share	$0.22	$0.71	$0.09	($0.05)	$0.28	($1.15)	($0.12)	($0.14)	($0.21)	$0.03
Weighted Average Basic Shares Outstanding	33.10M	33.04M	33.33M	33.39M	33.46M	33.42M	33.69M	33.80M	33.89M	34.19M
Diluted Earnings per Share	$0.22	$0.69	$0.09	($0.05)	$0.28	($1.15)	($0.12)	($0.14)	($0.21)	$0.03
Weighted Average Diluted Shares Outstanding	33.35M	33.58M	33.40M	33.39M	33.46M	33.42M	33.69M	33.80M	33.89M	35.51M
Weighted Average Basic & Diluted Shares Outstanding	33.71M	33.90M	34.38M	34.50M	34.50M	34.64M	34.64M	37.03M	36.73M	36.26M

This table details how cash moves in and out of Commercial Vehicle Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-2.60	22	38	-78	19	-31	11	-16	-3.13	6.02	-11
Net Cash From Operating Activities	9.52	55	49	2.26	41	37	34	-30	69	38	-33
Net Cash From Continuing Operating Activities	9.52	55	49	2.26	41	37	34	-30	69	38	-33
Net Income / (Loss) Continuing Operations	7.63	7.06	6.79	-2.27	41	16	-37	24	-22	49	-28
Consolidated Net Income / (Loss)	7.63	7.06	6.79	-2.27	41	16	-37	24	-22	49	-28
Depreciation Expense	18	18	16	15	15	16	18	18	18	18	17
Amortization Expense	0.89	1.06	0.84	1.25	1.40	1.39	1.93	1.01	0.35	0.30	0.34
Non-Cash Adjustments To Reconcile Net Income	9.55	8.83	9.38	7.40	1.67	4.82	38	15	19	5.45	-21
Changes in Operating Assets and Liabilities, net	-27	21	16	-19	-19	-0.75	13	-88	54	-35	-2.24
Net Cash From Investing Activities	-12	-15	-8.90	-11	-14	-58	-6.42	-18	-20	-20	31
Net Cash From Continuing Investing Activities	-12	-15	-8.90	-11	-14	-58	-6.42	-18	-20	-20	31
Purchase of Property, Plant & Equipment	-14	-15	-11	-13	-14	-24	-7.14	-18	-20	-20	-19
Sale of Property, Plant & Equipment	0.69	0.11	0.04	2.68	0.05	0.02	0.72	0.09	0.00	0.00	4.46
Divestitures	-	-	-	-	-	-	-	-	0.00	0.00	45
Net Cash From Financing Activities	0.51	-16	-0.71	-73	-5.84	-10	-19	31	-50	-13	-7.12
Net Cash From Continuing Financing Activities	0.51	-16	-0.71	-73	-5.84	-10	-19	31	-50	-13	-7.12
Repayment of Debt	0.00	-16	0.00	-246	-85	-45	-33	-210	-140	-40	-96
Issuance of Debt	1.04	0.00	0.00	175	81	36	15	248	96	29	89
Other Financing Activities, net	-0.53	-0.42	-0.71	-1.36	-1.13	-0.99	-1.66	-6.28	-6.09	-1.64	-0.32
Effect of Exchange Rate Changes	-0.35	-2.68	-1.78	3.45	-2.39	-0.06	2.30	0.84	-2.28	0.17	-1.54

This table details how cash moves in and out of Commercial Vehicle Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Net Change in Cash & Equivalents	3.85	-8.45	8.97	-7.48	-8.46	-4.26	-6.42	25	-14	-4.60
Net Cash From Operating Activities	18	8.29	-2.36	13	-17	-27	15	19	-1.69	-1.56
Net Cash From Continuing Operating Activities	18	8.29	-2.36	13	-17	-27	15	19	-1.69	-1.56
Net Income / (Loss) Continuing Operations	7.29	23	2.94	-1.60	9.51	-39	-4.31	-4.76	-7.08	0.90
Consolidated Net Income / (Loss)	7.29	23	2.94	-1.60	9.51	-39	-4.31	-4.76	-7.08	0.90
Depreciation Expense	4.49	4.47	4.47	4.50	4.67	3.75	3.58	3.66	3.73	3.72
Amortization Expense	0.08	0.08	0.08	0.08	0.09	0.10	0.09	0.06	0.46	0.51
Non-Cash Adjustments To Reconcile Net Income	0.76	0.91	0.68	0.86	-23	0.61	0.50	0.89	0.63	-6.31
Changes in Operating Assets and Liabilities, net	5.85	-20	-11	8.76	-8.12	7.65	15	19	0.57	-0.37
Net Cash From Investing Activities	-6.02	-4.50	-1.86	-6.21	21	18	-3.81	-1.47	-1.76	13
Net Cash From Continuing Investing Activities	-6.02	-4.50	-1.86	-6.21	21	18	-3.81	-1.47	-1.76	13
Purchase of Property, Plant & Equipment	-6.02	-4.50	-5.06	-6.21	-3.28	-3.97	-3.81	-1.47	-1.82	-2.65
Sale of Property, Plant & Equipment	-	-	-	-	-	-	0.00	-	-	16
Net Cash From Financing Activities	-7.36	-13	14	-14	-13	5.81	-18	5.90	-10	-16
Net Cash From Continuing Financing Activities	-7.36	-13	14	-14	-13	5.81	-18	5.90	-10	-16
Repayment of Debt	-12	-17	-3.32	-21	-27	-44	-18	-124	-6.17	-17
Issuance of Debt	5.00	4.37	18	7.00	14	51	0.00	129	-4.19	2.90
Other Financing Activities, net	-0.02	-0.83	-	-	-0.04	-0.26	0.00	-	-0.09	-1.54
Effect of Exchange Rate Changes	-	1.03	-0.99	-0.04	0.96	-	-	1.77	-0.08	-0.55

This table presents Commercial Vehicle Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	434	429	384	413	436	454	508	470	483	425	392
Total Current Assets	308	309	275	309	256	311	371	340	328	303	263
Cash & Equivalents	92	130	52	71	40	51	35	32	38	27	33
Accounts Receivable	130	98	109	134	115	151	174	153	129	119	86
Inventories, net	76	71	99	92	83	91	141	143	117	128	119
Other Current Assets	10	9.94	15	12	18	18	20	13	28	30	25
Plant, Property, & Equipment, net	71	66	65	64	74	63	63	68	69	69	67
Total Noncurrent Assets	55	54	45	39	106	81	74	63	87	52	62
Intangible Assets	17	16	15	13	25	22	18	15	6.59	3.92	3.35
Noncurrent Deferred & Refundable Income Taxes	25	29	20	16	15	26	24	12	34	11	11
Other Noncurrent Operating Assets	4.77	1.98	2.25	2.58	38	33	32	36	37	37	47
Total Liabilities & Shareholders' Equity	434	429	384	413	436	454	508	470	483	425	392
Total Liabilities	368	361	310	303	307	359	381	350	310	289	258
Total Current Liabilities	115	106	124	133	107	165	162	176	145	126	108
Short-Term Debt	-	0.00	3.19	9.10	3.26	2.43	9.38	11	15	8.44	2.37
Accounts Payable	67	61	87	87	63	112	102	122	75	77	74
Accrued Expenses	48	46	34	37	33	41	42	35	45	40	32
Total Noncurrent Liabilities	253	255	186	170	201	194	219	174	165	163	150
Long-Term Debt	232	233	164	155	153	144	186	141	126	127	104
Noncurrent Employee Benefit Liabilities	17	19	15	12	11	15	9.91	8.43	9.20	8.14	6.90
Other Noncurrent Operating Liabilities	3.66	2.73	6.70	3.66	37	35	4.91	24	30	28	39
Total Equity & Noncontrolling Interests	66	68	75	110	129	95	127	120	173	136	133
Total Preferred & Common Equity	66	68	75	110	129	95	127	120	173	136	133
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	66	68	75	110	129	95	127	120	173	136	133
Common Stock	235	238	240	243	246	250	256	262	266	269	273
Retained Earnings	-122	-113	-115	-76	-60	-97	-74	-96	-46	-74	-97
Treasury Stock	-7.04	-7.75	-9.11	-10	-11	-12	-13	-15	-16	-16	-17
Accumulated Other Comprehensive Income / (Loss)	-40	-49	-41	-47	-46	-45	-42	-32	-30	-43	-26

This table presents Commercial Vehicle Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	496	509	503	495	420	430	400	413
Total Current Assets	364	356	346	346	293	303	276	277
Cash & Equivalents	46	47	39	31	20	45	31	29
Accounts Receivable	160	145	139	127	119	107	91	101
Inventories, net	128	127	133	131	123	117	123	122
Other Current Assets	30	37	36	32	31	34	31	26
Plant, Property, & Equipment, net	72	74	76	70	69	68	66	63
Total Noncurrent Assets	60	79	81	79	58	59	58	73
Intangible Assets	12	8.45	7.74	4.13	3.78	3.66	3.49	3.20
Noncurrent Deferred & Refundable Income Taxes	11	33	34	39	11	12	12	11
Other Noncurrent Operating Assets	37	38	40	36	43	43	43	59
Total Liabilities & Shareholders' Equity	496	509	503	495	420	430	400	413
Total Liabilities	349	334	334	316	283	287	264	282
Total Current Liabilities	176	155	168	150	139	126	112	130
Short-Term Debt	18	16	18	2.97	14	5.13	5.16	3.84
Accounts Payable	105	90	101	93	86	80	67	84
Accrued Expenses	53	48	50	50	39	41	40	42
Total Noncurrent Liabilities	173	179	166	166	145	161	151	152
Long-Term Debt	136	139	124	126	103	117	107	90
Noncurrent Employee Benefit Liabilities	9.33	9.54	9.59	10	8.47	8.96	8.77	6.74
Other Noncurrent Operating Liabilities	28	30	32	30	33	35	35	55
Total Equity & Noncontrolling Interests	147	176	170	179	137	143	137	131
Total Preferred & Common Equity	147	176	170	179	137	143	137	131
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	147	176	170	179	137	143	137	131
Common Stock	264	266	268	269	270	271	272	274
Retained Earnings	-69	-43	-45	-35	-78	-83	-90	-96
Treasury Stock	-15	-16	-16	-16	-16	-16	-17	-17
Accumulated Other Comprehensive Income / (Loss)	-33	-31	-37	-38	-39	-29	-29	-30

This table displays calculated financial ratios and metrics derived from Commercial Vehicle Group's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	12.31%	-1.72%	-19.78%	14.06%	18.87%	0.39%	-20.37%	35.37%	-19.45%	6.76%	-13.42%
EBITDA Growth	87.82%	8.23%	-23.71%	11.40%	67.22%	-31.64%	-106.28%	2,113.30%	-52.99%	72.13%	-66.15%
EBIT Growth	431.48%	14.04%	-31.50%	22.16%	101.12%	-40.22%	-162.21%	311.15%	-71.55%	169.38%	-96.27%
NOPAT Growth	347.05%	-20.76%	54.96%	-121.50%	1,090.20%	-43.53%	-154.53%	325.84%	-363.37%	163.44%	-100.87%
Net Income Growth	161.29%	-7.47%	-3.91%	-133.44%	1,928.51%	-61.97%	-334.81%	164.06%	-192.58%	324.89%	-156.40%
EPS Growth	159.09%	-7.69%	-4.17%	-134.78%	1,800.00%	-62.50%	-335.29%	160.00%	-194.44%	316.18%	-156.46%
Operating Cash Flow Growth	-50.30%	480.93%	-10.73%	-95.43%	1,716.22%	-10.36%	-6.46%	-186.79%	331.12%	-44.48%	-187.40%
Free Cash Flow Firm Growth	22.69%	160.68%	23.74%	-140.04%	264.91%	-133.77%	382.59%	-303.43%	58.57%	249.32%	-80.81%
Invested Capital Growth	0.63%	-13.67%	-17.18%	10.99%	6.84%	21.32%	-22.04%	59.41%	-21.14%	5.61%	-3.81%
Revenue Q/Q Growth	3.56%	-3.19%	-4.98%	5.35%	4.09%	-3.65%	3.84%	1.35%	-19.78%	-13.22%	-19.68%
EBITDA Q/Q Growth	1.78%	-6.83%	-2.97%	13.44%	5.66%	-22.25%	71.54%	1.07%	-28.79%	24.73%	-42.21%
EBIT Q/Q Growth	3.94%	-9.58%	-2.30%	21.70%	7.76%	-30.70%	26.29%	2.50%	-47.94%	41.42%	-90.21%
NOPAT Q/Q Growth	58.28%	-40.10%	40.29%	-127.46%	54.86%	-36.02%	28.53%	22.96%	-549.94%	430.40%	-100.69%
Net Income Q/Q Growth	69.99%	-48.04%	63.93%	-138.61%	49.03%	-45.91%	8.40%	39.93%	-273.63%	943.34%	-181.64%
EPS Q/Q Growth	85.71%	-48.94%	64.29%	-142.11%	51.11%	-46.88%	9.09%	38.46%	-278.95%	800.00%	-182.18%
Operating Cash Flow Q/Q Growth	-45.51%	16.29%	-7.05%	171.56%	66.59%	-25.71%	-11.89%	-72.55%	177.44%	-41.24%	-2,405.44%
Free Cash Flow Firm Q/Q Growth	253.35%	-16.66%	15.24%	-324.85%	78.28%	12.84%	-30.74%	-75.97%	-650.46%	448.58%	-83.08%
Invested Capital Q/Q Growth	0.67%	0.30%	-0.13%	-3.32%	-2.54%	-8.90%	-0.36%	14.84%	-14.48%	-0.01%	-11.57%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	12.82%	13.43%	13.09%	12.03%	13.92%	11.67%	10.32%	12.25%	10.86%	14.49%	10.11%
EBITDA Margin	6.27%	6.90%	6.56%	6.41%	9.01%	6.14%	-0.48%	7.20%	4.20%	6.78%	2.65%
Operating Margin	4.01%	4.61%	3.76%	3.97%	7.01%	4.51%	-3.23%	5.10%	3.17%	4.77%	-0.10%
EBIT Margin	3.99%	4.63%	3.95%	4.23%	7.16%	4.26%	-3.33%	5.19%	1.83%	4.63%	0.20%
Profit (Net Income) Margin	0.91%	0.86%	1.02%	-0.30%	4.62%	1.75%	-5.16%	2.44%	-2.81%	5.91%	-3.85%
Tax Burden Percent	59.79%	41.98%	99.28%	-17.73%	83.69%	73.20%	83.26%	73.87%	-513.58%	173.80%	338.15%
Interest Burden Percent	38.12%	44.05%	26.13%	40.06%	77.16%	56.12%	186.22%	63.67%	29.80%	73.50%	-571.50%
Effective Tax Rate	40.21%	58.02%	0.72%	117.73%	16.31%	26.80%	0.00%	26.13%	488.64%	-53.48%	0.00%
Return on Invested Capital (ROIC)	8.47%	7.18%	13.13%	-2.95%	26.88%	13.28%	-7.42%	14.75%	-35.35%	24.74%	-0.21%
ROIC Less NNEP Spread (ROIC-NNEP)	1.46%	1.61%	-1.63%	-0.15%	16.10%	-0.04%	-26.99%	5.36%	14.46%	13.06%	-28.98%
Return on Net Nonoperating Assets (RNNOA)	4.38%	4.14%	-2.98%	-0.23%	18.13%	-0.04%	-25.65%	6.63%	17.53%	9.00%	-17.85%
Return on Equity (ROE)	12.85%	11.32%	10.16%	-3.19%	45.01%	13.24%	-33.07%	21.38%	-17.81%	33.73%	-18.06%
Cash Return on Invested Capital (CROIC)	7.84%	21.85%	31.93%	-13.37%	20.27%	-5.99%	17.35%	-31.05%	-11.71%	19.28%	3.67%
Operating Return on Assets (OROA)	7.65%	8.71%	6.06%	7.86%	16.12%	9.05%	-5.37%	10.49%	2.94%	8.11%	0.32%
Return on Assets (ROA)	1.74%	1.61%	1.57%	-0.56%	10.41%	3.72%	-8.32%	4.93%	-4.49%	10.36%	-6.14%
Return on Common Equity (ROCE)	12.84%	11.32%	10.16%	-3.19%	45.01%	13.24%	-33.07%	21.38%	-17.81%	33.73%	-18.06%
Return on Equity Simple (ROE_SIMPLE)	12.98%	10.71%	10.02%	-3.04%	37.86%	12.26%	-38.85%	18.74%	-18.30%	28.57%	-20.55%
Net Operating Profit after Tax (NOPAT)	20	16	25	-5.32	53	30	-16	37	-96	61	-0.53
NOPAT Margin	2.40%	1.93%	3.74%	-0.70%	5.87%	3.30%	-2.26%	3.77%	-12.33%	7.32%	-0.07%
Net Nonoperating Expense Percent (NNEP)	7.01%	5.56%	14.77%	-2.80%	10.78%	13.32%	19.56%	9.39%	-49.81%	11.68%	28.76%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-35.40%	19.46%	-0.20%
Cost of Revenue to Revenue	87.18%	86.57%	86.91%	87.97%	86.09%	88.33%	89.68%	87.75%	89.14%	85.51%	89.89%
SG&A Expenses to Revenue	8.63%	8.66%	9.13%	7.88%	6.76%	7.16%	9.51%	7.14%	7.69%	9.72%	10.21%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	8.81%	8.82%	9.33%	8.06%	6.90%	7.16%	13.55%	7.14%	7.69%	9.72%	10.21%
Earnings before Interest and Taxes (EBIT)	33	38	26	32	64	38	-24	50	14	39	1.44
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	53	57	43	48	81	55	-3.48	70	33	57	19
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.36	1.26	2.48	4.38	1.61	1.55	2.94	2.10	1.89	1.37	0.63
Price to Tangible Book Value (P/TBV)	6.15	2.01	3.77	6.28	1.97	2.63	3.81	2.45	2.16	1.42	0.65
Price to Revenue (P/Rev)	0.24	0.10	0.25	0.43	0.20	0.22	0.39	0.27	0.29	0.28	0.12
Price to Earnings (P/E)	25.92	11.73	24.74	0.00	4.24	12.61	0.00	11.20	0.00	4.78	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	3.86%	8.53%	4.04%	0.00%	23.56%	7.93%	0.00%	8.93%	0.00%	20.91%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.58	1.08	1.59	2.34	1.33	1.29	1.97	1.46	1.45	1.34	0.80
Enterprise Value to Revenue (EV/Rev)	0.45	0.27	0.41	0.59	0.30	0.35	0.52	0.46	0.44	0.41	0.27
Enterprise Value to EBITDA (EV/EBITDA)	7.18	3.92	6.23	9.14	3.32	5.71	0.00	6.35	10.58	6.01	10.15
Enterprise Value to EBIT (EV/EBIT)	11.28	5.84	10.36	13.85	4.19	8.22	0.00	8.81	24.23	8.79	134.83
Enterprise Value to NOPAT (EV/NOPAT)	18.75	13.97	10.95	0.00	5.11	10.62	0.00	12.13	0.00	5.56	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	39.68	4.03	5.49	196.03	6.56	8.60	10.96	0.00	5.05	8.88	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	20.25	4.59	4.50	0.00	6.77	0.00	9.94	0.00	0.00	7.13	21.24
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	4.25	3.52	3.44	2.23	1.49	1.22	1.54	1.69	1.27	0.82	1.00
Long-Term Debt to Equity	4.25	3.52	3.44	2.19	1.41	1.19	1.51	1.61	1.18	0.73	0.94
Financial Leverage	3.01	2.57	1.82	1.53	1.13	0.88	0.95	1.24	1.21	0.69	0.62
Leverage Ratio	7.37	7.03	6.46	5.71	4.32	3.56	3.97	4.33	3.96	3.25	2.94
Compound Leverage Factor	2.81	3.10	1.69	2.29	3.34	2.00	7.40	2.76	1.18	2.39	-16.82
Debt to Total Capital	80.95%	77.90%	77.50%	69.08%	59.91%	54.86%	60.58%	62.76%	55.94%	45.00%	49.98%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	1.32%	3.33%	1.14%	1.00%	2.76%	4.01%	4.87%	3.11%
Long-Term Debt to Total Capital	80.95%	77.90%	77.50%	67.76%	56.58%	53.72%	59.58%	60.01%	51.93%	40.13%	46.87%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	19.04%	22.10%	22.50%	30.92%	40.09%	45.14%	39.42%	37.24%	44.06%	55.00%	50.02%
Debt to EBITDA	4.75	4.08	5.37	3.45	2.02	2.83	-42.18	3.05	4.63	2.50	7.07
Net Debt to EBITDA	3.42	2.46	2.37	2.37	1.15	2.11	-27.65	2.55	3.67	1.83	5.68
Long-Term Debt to EBITDA	4.75	4.08	5.37	3.38	1.91	2.77	-41.48	2.92	4.30	2.23	6.63
Debt to NOPAT	12.41	14.56	9.43	-31.38	3.11	5.26	-9.04	5.83	-1.58	2.31	-255.37
Net Debt to NOPAT	8.93	8.78	4.16	-21.56	1.76	3.93	-5.92	4.87	-1.25	1.69	-205.18
Long-Term Debt to NOPAT	12.41	14.56	9.43	-30.78	2.94	5.15	-8.89	5.57	-1.47	2.06	-239.47
Altman Z-Score	2.57	2.47	2.22	2.93	3.29	2.97	1.96	2.95	2.29	2.77	2.15
Noncontrolling Interest Sharing Ratio	0.06%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.79	2.68	2.91	2.22	2.33	2.40	1.88	2.29	1.93	2.26	2.41
Quick Ratio	1.95	1.94	2.15	1.30	1.54	1.45	1.22	1.29	1.05	1.15	1.16
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	19	49	60	-24	40	-13	38	-77	-32	48	9.15
Operating Cash Flow to CapEx	73.14%	379.36%	433.33%	20.94%	290.70%	153.24%	535.39%	-169.83%	349.81%	194.33%	-237.84%
Free Cash Flow to Firm to Interest Expense	0.90	2.28	3.11	-1.26	2.71	-0.80	1.84	-4.21	-3.17	4.65	0.95
Operating Cash Flow to Interest Expense	0.46	2.59	2.56	0.12	2.79	2.18	1.67	-1.63	6.84	3.74	-3.45
Operating Cash Flow Less CapEx to Interest Expense	-0.17	1.91	1.97	-0.44	1.83	0.76	1.36	-2.59	4.88	1.81	-4.91
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.92	1.88	1.53	1.86	2.25	2.12	1.61	2.02	1.60	1.75	1.59
Accounts Receivable Turnover	6.49	6.11	5.81	7.32	7.40	7.24	5.39	5.97	4.79	5.93	5.83
Inventory Turnover	8.93	8.96	7.84	7.81	8.08	9.09	7.39	7.34	4.92	5.50	5.30
Fixed Asset Turnover	11.02	11.43	9.67	11.56	13.95	13.08	10.52	15.43	11.95	12.22	10.50
Accounts Payable Turnover	10.53	10.39	9.05	9.03	8.92	10.64	7.34	7.96	6.23	7.24	8.54
Days Sales Outstanding (DSO)	56.28	59.74	62.85	49.87	49.30	50.42	67.69	61.16	76.28	61.59	62.58
Days Inventory Outstanding (DIO)	40.86	40.72	46.53	46.72	45.19	40.17	49.37	49.72	74.19	66.37	68.90
Days Payable Outstanding (DPO)	34.68	35.12	40.35	40.43	40.91	34.32	49.75	45.88	58.61	50.41	42.73
Cash Conversion Cycle (CCC)	62.47	65.34	69.04	56.17	53.58	56.27	67.31	65.00	91.87	77.55	88.75
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	239	206	171	189	202	246	191	305	241	254	244
Invested Capital Turnover	3.53	3.71	3.51	4.19	4.58	4.02	3.28	3.91	2.87	3.38	2.90
Increase / (Decrease) in Invested Capital	1.50	-33	-35	19	13	43	-54	114	-65	13	-9.68
Enterprise Value (EV)	378	223	271	442	269	316	377	444	348	340	194
Market Capitalization	198	83	168	328	176	199	280	266	227	236	86
Book Value per Share	$1.98	$2.20	$2.23	$2.44	$3.55	$4.11	$2.94	$3.84	$3.60	$5.13	$3.93
Tangible Book Value per Share	$1.08	$1.37	$1.47	$1.70	$2.89	$2.41	$2.27	$3.29	$3.16	$4.93	$3.82
Total Capital	309	298	301	242	273	285	242	340	272	314	271
Total Debt	250	232	233	167	164	156	147	213	152	142	136
Total Long-Term Debt	250	232	233	164	155	153	144	204	141	126	127
Net Debt	180	140	103	115	93	117	96	179	121	104	109
Capital Expenditures (CapEx)	13	15	11	11	14	24	6.42	18	20	20	14
Debt-free, Cash-free Net Working Capital (DFCFNWC)	123	101	73	102	115	113	98	183	143	160	159
Debt-free Net Working Capital (DFNWC)	193	193	203	154	186	153	148	218	175	198	186
Net Working Capital (NWC)	193	193	203	151	177	149	146	209	164	183	178
Net Nonoperating Expense (NNE)	13	8.90	18	-3.05	11	14	21	13	-74	12	27
Net Nonoperating Obligations (NNO)	180	140	103	115	93	117	96	179	121	81	109
Total Depreciation and Amortization (D&A)	19	19	17	16	17	17	20	20	19	18	18
Debt-free, Cash-free Net Working Capital to Revenue	14.59%	12.27%	10.95%	13.49%	12.78%	12.55%	13.60%	18.83%	18.25%	19.15%	22.02%
Debt-free Net Working Capital to Revenue	22.94%	23.44%	30.61%	20.40%	20.68%	16.93%	20.63%	22.43%	22.32%	23.68%	25.71%
Net Working Capital to Revenue	22.94%	23.44%	30.61%	19.98%	19.67%	16.57%	20.29%	21.46%	20.92%	21.85%	24.54%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.26	$0.24	$0.23	($0.06)	$1.47	$0.52	($1.20)	$0.75	($0.68)	$1.50	($0.83)
Adjusted Weighted Average Basic Shares Outstanding	28.93M	29.21M	29.53M	29.94M	30.28M	30.60M	30.94M	31.50M	32.33M	33.04M	33.42M
Adjusted Diluted Earnings per Share	$0.26	$0.24	$0.23	($0.06)	$1.46	$0.51	($1.20)	$0.72	($0.68)	$1.47	($0.83)
Adjusted Weighted Average Diluted Shares Outstanding	29.12M	29.40M	29.88M	29.94M	30.59M	30.82M	30.94M	32.79M	32.33M	33.58M	33.42M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	30.03M	30.59M	30.85M	31.00M	31.27M	31.33M	32.51M	32.88M	33.35M	33.90M	34.64M
Normalized Net Operating Profit after Tax (NOPAT)	20	27	25	21	53	30	4.09	37	17	28	-0.53
Normalized NOPAT Margin	2.40%	3.23%	3.74%	2.78%	5.87%	3.30%	0.57%	3.77%	2.22%	3.34%	-0.07%
Pre Tax Income Margin	1.52%	2.04%	1.03%	1.69%	5.52%	2.39%	-6.20%	3.31%	0.55%	3.40%	-1.14%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.62	1.79	1.35	1.67	4.38	2.28	-1.16	2.75	1.42	3.77	0.15
NOPAT to Interest Expense	0.97	0.75	1.28	-0.28	3.59	1.76	-0.79	2.00	-9.57	5.97	-0.05
EBIT Less CapEx to Interest Expense	0.99	1.11	0.76	1.11	3.42	0.86	-1.47	1.79	-0.53	1.85	-1.30
NOPAT Less CapEx to Interest Expense	0.34	0.06	0.69	-0.84	2.63	0.34	-1.10	1.04	-11.53	4.05	-1.51
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Commercial Vehicle Group's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
DEI Shares Outstanding	33,744,600.00	33,707,070.00	33,898,372.00	34,377,823.00	34,501,771.00	-	34,640,434.00	34,635,779.00	37,025,454.00	36,731,381.00
DEI Adjusted Shares Outstanding	33,744,600.00	33,707,070.00	33,898,372.00	34,377,823.00	34,501,771.00	-	34,640,434.00	34,635,779.00	37,025,454.00	36,731,381.00
DEI Earnings Per Adjusted Shares Outstanding	0.22	0.69	0.09	-0.05	0.28	-	-0.12	-0.14	-0.19	0.02
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-19.30%	199.51%	-25.92%	-26.14%	-15.34%	-16.77%	-12.76%	-11.21%	-11.23%	1.00%
EBITDA Growth	6.59%	279.55%	-53.89%	-72.99%	-63.91%	-138.10%	-41.85%	-24.86%	-55.02%	154.11%
EBIT Growth	12.12%	95.11%	-71.06%	-94.51%	-100.32%	-1,491.81%	-65.56%	-56.88%	-7,548.15%	497.91%
NOPAT Growth	-2.14%	-45.68%	-71.02%	-94.09%	-110.75%	-2,026.03%	-68.09%	-25.09%	-0.09%	381.58%
Net Income Growth	105.29%	172.78%	-66.22%	-115.78%	30.51%	-266.31%	-246.72%	-197.56%	-174.42%	120.92%
EPS Growth	100.00%	169.70%	-65.38%	-116.67%	27.27%	-266.67%	-233.33%	-180.00%	-175.00%	125.00%
Operating Cash Flow Growth	-51.78%	-76.43%	-4,162.07%	9.80%	-192.41%	-421.23%	743.97%	49.90%	90.12%	-110.29%
Free Cash Flow Firm Growth	497.62%	-120.37%	-132.19%	-114.70%	-167.45%	135.97%	320.09%	692.83%	352.32%	-17.22%
Invested Capital Growth	-9.67%	5.61%	10.29%	3.70%	8.76%	-3.81%	-17.79%	-19.30%	-21.28%	-16.24%
Revenue Q/Q Growth	-22.62%	-46.93%	80.76%	-0.49%	-11.30%	-47.83%	89.48%	1.27%	-11.32%	0.00%
EBITDA Q/Q Growth	-34.91%	-67.90%	110.34%	-38.55%	-13.03%	-133.89%	421.04%	-20.59%	-47.94%	0.00%
EBIT Q/Q Growth	-45.41%	-104.01%	1,356.43%	-80.03%	-103.15%	-20,062.96%	127.19%	-75.00%	-658.11%	0.00%
NOPAT Q/Q Growth	-45.20%	-96.30%	1,108.84%	-75.89%	-199.62%	-563.21%	120.03%	-43.39%	-233.12%	0.00%
Net Income Q/Q Growth	-28.11%	219.36%	-87.38%	-154.44%	694.63%	-506.97%	88.86%	-10.41%	-48.71%	0.00%
EPS Q/Q Growth	-26.67%	213.64%	-86.96%	-155.56%	660.00%	-510.71%	89.57%	-16.67%	-50.00%	0.00%
Operating Cash Flow Q/Q Growth	61.10%	-55.13%	-128.43%	634.30%	-235.58%	-55.96%	157.00%	24.37%	-108.94%	0.00%
Free Cash Flow Firm Q/Q Growth	-44.01%	-138.80%	-77.11%	61.80%	-156.96%	120.69%	983.61%	2.91%	9.37%	0.00%
Invested Capital Q/Q Growth	-3.18%	-0.01%	11.93%	-4.30%	1.55%	-11.57%	-4.34%	-6.06%	-0.94%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	14.45%	16.88%	11.90%	10.56%	9.56%	10.10%	10.48%	11.36%	10.52%	11.55%
EBITDA Margin	6.46%	3.91%	4.54%	2.81%	2.75%	-1.79%	3.03%	2.38%	1.39%	7.62%
Operating Margin	4.40%	0.34%	2.32%	0.55%	-0.62%	-7.85%	0.83%	0.46%	-0.70%	8.58%
EBIT Margin	4.21%	-0.32%	2.21%	0.44%	-0.02%	-6.08%	0.87%	0.22%	-1.35%	5.16%
Profit (Net Income) Margin	3.59%	21.62%	1.51%	-0.83%	5.54%	-43.21%	-2.54%	-2.77%	-4.64%	0.53%
Tax Burden Percent	120.54%	-967.22%	139.22%	102.63%	-396.75%	482.96%	421.51%	199.96%	115.44%	32.26%
Interest Burden Percent	70.84%	703.80%	49.13%	-181.70%	8,881.48%	147.26%	-69.12%	-643.51%	297.00%	31.60%
Effective Tax Rate	22.60%	0.00%	31.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	67.74%
Return on Invested Capital (ROIC)	12.23%	0.80%	4.49%	1.01%	-1.09%	-15.93%	1.56%	0.89%	-1.30%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	12.54%	23.62%	4.36%	-1.11%	8.93%	-51.50%	-3.58%	-5.03%	-8.41%	0.00%
Return on Net Nonoperating Assets (RNNOA)	11.25%	16.27%	3.29%	-0.79%	5.61%	-31.73%	-2.36%	-2.89%	-4.75%	0.00%
Return on Equity (ROE)	23.48%	17.07%	7.78%	0.22%	4.53%	-47.66%	-0.80%	-2.00%	-6.04%	0.00%
Cash Return on Invested Capital (CROIC)	3.25%	19.28%	11.68%	29.42%	-7.11%	3.67%	18.49%	20.19%	22.64%	17.67%
Operating Return on Assets (OROA)	7.96%	-0.56%	3.36%	0.62%	-0.02%	-9.68%	1.31%	0.31%	-1.99%	0.00%
Return on Assets (ROA)	6.80%	37.89%	2.30%	-1.15%	7.46%	-68.86%	-3.82%	-4.02%	-6.82%	0.00%
Return on Common Equity (ROCE)	23.48%	17.07%	7.78%	0.22%	4.53%	-47.66%	-0.80%	-2.00%	-6.04%	0.00%
Return on Equity Simple (ROE_SIMPLE)	-4.00%	0.00%	24.87%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	6.90	0.26	3.09	0.74	-0.74	-4.92	0.99	0.56	-0.74	4.75
NOPAT Margin	3.40%	0.24%	1.59%	0.38%	-0.43%	-5.49%	0.58%	0.32%	-0.49%	2.77%
Net Nonoperating Expense Percent (NNEP)	-0.31%	-22.82%	0.13%	2.12%	-10.02%	35.56%	5.14%	5.92%	7.11%	4.74%
Return On Investment Capital (ROIC_SIMPLE)	-	0.08%	0.93%	0.24%	-0.24%	-1.82%	0.39%	0.21%	-0.30%	2.11%
Cost of Revenue to Revenue	85.55%	83.12%	88.10%	89.44%	90.44%	89.90%	89.52%	88.64%	89.48%	88.45%
SG&A Expenses to Revenue	10.05%	16.54%	9.59%	10.01%	10.18%	17.95%	9.65%	10.89%	11.22%	11.11%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	10.05%	16.54%	9.59%	10.01%	10.18%	17.95%	9.65%	10.89%	11.22%	2.98%
Earnings before Interest and Taxes (EBIT)	8.54	-0.34	4.30	0.86	-0.03	-5.44	1.48	0.37	-2.07	8.85
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	13	4.21	8.85	5.44	4.73	-1.60	5.14	4.08	2.13	13
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.79	1.37	1.24	0.99	0.63	0.63	0.29	0.40	0.46	0.96
Price to Tangible Book Value (P/TBV)	1.95	1.42	1.30	1.04	0.64	0.65	0.30	0.41	0.47	0.98
Price to Revenue (P/Rev)	0.27	0.28	0.28	0.24	0.17	0.12	0.06	0.08	0.10	0.00
Price to Earnings (P/E)	0.00	4.78	4.99	5.28	3.29	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	20.91%	20.03%	18.94%	30.44%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.45	1.34	1.15	1.00	0.76	0.80	0.59	0.61	0.66	0.97
Enterprise Value to Revenue (EV/Rev)	0.38	0.41	0.43	0.39	0.31	0.27	0.20	0.20	0.22	0.00
Enterprise Value to EBITDA (EV/EBITDA)	8.14	6.01	7.06	8.58	9.05	10.15	8.86	9.54	12.52	0.00
Enterprise Value to EBIT (EV/EBIT)	13.51	8.79	11.62	20.30	43.88	134.83	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	5.56	5.62	3.07	61.50	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	5.67	8.88	9.12	7.33	144.73	0.00	0.00	0.00	25.10	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	42.49	7.13	10.32	3.45	0.00	21.24	2.86	2.71	2.58	5.01
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.05	0.82	0.89	0.84	0.72	1.00	0.86	0.86	0.82	0.71
Long-Term Debt to Equity	0.93	0.73	0.79	0.73	0.70	0.94	0.76	0.82	0.79	0.69
Financial Leverage	0.90	0.69	0.75	0.71	0.63	0.62	0.66	0.58	0.56	0.61
Leverage Ratio	3.60	3.25	3.26	3.20	3.04	2.94	2.98	2.99	2.84	3.11
Compound Leverage Factor	2.55	22.91	1.60	-5.82	270.24	4.33	-2.06	-19.23	8.42	0.98
Debt to Total Capital	51.22%	45.00%	47.01%	45.56%	41.80%	49.98%	46.21%	46.17%	45.16%	41.67%
Short-Term Debt to Total Capital	6.10%	4.87%	4.95%	5.62%	0.96%	3.11%	5.47%	1.94%	2.07%	1.71%
Long-Term Debt to Total Capital	45.12%	40.13%	42.06%	39.95%	40.84%	46.87%	40.74%	44.23%	43.09%	39.96%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	48.78%	55.00%	52.99%	54.44%	58.20%	50.02%	53.79%	53.83%	54.84%	58.33%
Debt to EBITDA	3.39	2.50	3.37	4.49	5.55	7.07	7.59	8.67	9.77	0.00
Net Debt to EBITDA	2.37	1.83	2.35	3.25	4.22	5.68	6.29	5.46	7.05	0.00
Long-Term Debt to EBITDA	2.99	2.23	3.01	3.94	5.42	6.63	6.69	8.31	9.32	0.00
Debt to NOPAT	-8.31	2.31	2.68	1.61	37.71	-255.37	-43.46	-42.36	-38.91	0.00
Net Debt to NOPAT	-5.81	1.69	1.87	1.16	28.66	-205.18	-35.98	-26.68	-28.07	0.00
Long-Term Debt to NOPAT	-7.32	2.06	2.39	1.41	36.84	-239.47	-38.31	-40.58	-37.13	0.00
Altman Z-Score	2.71	2.50	2.28	2.00	1.94	2.10	1.94	1.92	1.94	0.44
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.06	2.26	2.30	2.06	2.31	2.41	2.12	2.41	2.46	2.13
Quick Ratio	1.17	1.15	1.24	1.06	1.19	1.16	1.01	1.21	1.08	1.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	34	-13	-23	-8.96	-23	4.76	52	53	58	43
Operating Cash Flow to CapEx	306.93%	184.13%	-46.57%	202.80%	-520.18%	-669.95%	398.63%	1,287.99%	-92.74%	0.00%
Free Cash Flow to Firm to Interest Expense	13.71	-6.41	-10.73	-3.71	-9.71	1.85	20.62	19.30	14.28	7.06
Operating Cash Flow to Interest Expense	7.42	4.01	-1.08	5.21	-7.20	-10.34	6.06	6.86	-0.41	-0.26
Operating Cash Flow Less CapEx to Interest Expense	5.00	1.83	-3.39	2.64	-8.58	-11.89	4.54	6.33	-0.86	1.93
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.89	1.75	1.52	1.39	1.35	1.59	1.50	1.45	1.47	0.00
Accounts Receivable Turnover	5.69	5.93	4.84	4.48	4.65	5.83	5.28	5.50	6.04	0.00
Inventory Turnover	6.08	5.50	4.93	4.60	4.55	5.30	5.04	4.90	4.65	0.00
Fixed Asset Turnover	14.13	12.22	10.75	9.58	9.46	10.50	9.80	9.45	9.69	0.00
Accounts Payable Turnover	7.48	7.24	6.29	5.87	5.95	8.54	7.17	6.75	7.39	0.00
Days Sales Outstanding (DSO)	64.11	61.59	75.39	81.52	78.47	62.58	69.14	66.35	60.46	0.00
Days Inventory Outstanding (DIO)	59.99	66.37	74.02	79.35	80.21	68.90	72.49	74.56	78.41	0.00
Days Payable Outstanding (DPO)	48.77	50.41	58.06	62.20	61.33	42.73	50.91	54.06	49.42	0.00
Cash Conversion Cycle (CCC)	75.33	77.55	91.35	98.67	97.35	88.75	90.72	86.85	89.45	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	254	254	284	272	276	244	234	220	218	196
Invested Capital Turnover	3.60	3.38	2.83	2.61	2.52	2.90	2.70	2.75	2.66	0.00
Increase / (Decrease) in Invested Capital	-27	13	27	9.70	22	-9.68	-51	-53	-59	-38
Enterprise Value (EV)	369	340	327	271	210	194	137	135	144	190
Market Capitalization	262	236	218	168	112	86	40	57	63	125
Book Value per Share	$4.34	$5.13	$5.18	$4.93	$5.20	$3.93	$3.95	$4.12	$3.69	$3.83
Tangible Book Value per Share	$3.99	$4.93	$4.93	$4.71	$5.08	$3.82	$3.84	$4.01	$3.59	$3.74
Total Capital	300	314	331	312	308	271	254	265	249	225
Total Debt	154	142	156	142	129	136	117	122	112	94
Total Long-Term Debt	136	126	139	124	126	127	103	117	107	90
Net Debt	108	104	109	103	98	109	97	77	81	65
Capital Expenditures (CapEx)	6.02	4.50	5.06	6.21	3.28	3.97	3.81	1.47	1.82	-13
Debt-free, Cash-free Net Working Capital (DFCFNWC)	160	160	171	157	168	159	149	137	137	122
Debt-free Net Working Capital (DFNWC)	206	198	218	196	199	186	169	182	169	151
Net Working Capital (NWC)	188	183	201	178	196	178	155	177	164	147
Net Nonoperating Expense (NNE)	-0.39	-23	0.15	2.34	-10	34	5.30	5.32	6.34	3.84
Net Nonoperating Obligations (NNO)	108	81	109	103	97	109	97	77	81	65
Total Depreciation and Amortization (D&A)	4.56	4.55	4.55	4.58	4.75	3.84	3.66	3.71	4.19	4.22
Debt-free, Cash-free Net Working Capital to Revenue	16.60%	19.15%	22.26%	22.40%	25.19%	22.02%	21.27%	20.26%	20.90%	0.00%
Debt-free Net Working Capital to Revenue	21.41%	23.68%	28.36%	28.02%	29.82%	25.71%	24.16%	26.96%	25.66%	0.00%
Net Working Capital to Revenue	19.51%	21.85%	26.22%	25.52%	29.37%	24.54%	22.17%	26.20%	24.88%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.22	$0.71	$0.09	($0.05)	$0.28	($1.15)	($0.12)	($0.14)	($0.21)	$0.03
Adjusted Weighted Average Basic Shares Outstanding	33.10M	33.04M	33.33M	33.39M	33.46M	33.42M	33.69M	33.80M	33.89M	34.19M
Adjusted Diluted Earnings per Share	$0.22	$0.69	$0.09	($0.05)	$0.28	($1.15)	($0.12)	($0.14)	($0.21)	$0.03
Adjusted Weighted Average Diluted Shares Outstanding	33.35M	33.58M	33.40M	33.39M	33.46M	33.42M	33.69M	33.80M	33.89M	35.51M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	33.71M	33.90M	34.38M	34.50M	34.50M	34.64M	34.64M	37.03M	36.73M	36.26M
Normalized Net Operating Profit after Tax (NOPAT)	6.90	0.26	3.09	0.74	-0.74	-4.92	0.99	0.56	-0.74	0.53
Normalized NOPAT Margin	3.40%	0.24%	1.59%	0.38%	-0.43%	-5.49%	0.58%	0.32%	-0.49%	0.31%
Pre Tax Income Margin	2.98%	-2.24%	1.08%	-0.81%	-1.40%	-8.95%	-0.60%	-1.38%	-4.02%	1.63%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.43	-0.17	1.97	0.36	-0.01	-2.12	0.59	0.13	-0.51	1.46
NOPAT to Interest Expense	2.77	0.12	1.41	0.31	-0.31	-1.91	0.39	0.20	-0.18	0.78
EBIT Less CapEx to Interest Expense	1.01	-2.34	-0.35	-2.21	-1.40	-3.66	-0.93	-0.40	-0.95	3.65
NOPAT Less CapEx to Interest Expense	0.36	-2.06	-0.90	-2.26	-1.70	-3.46	-1.13	-0.33	-0.63	2.97
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

Commercial Vehicle Group (NASDAQ: CVGI) has shown a sharp year-over-year improvement in profitability, but the latest quarter also highlights weak cash generation and a still-leveraged balance sheet. Revenue in Q1 2026 rose to $171.5 million from $169.8 million a year ago, while the company moved from a net loss of $4.3 million in Q1 2025 to net income of $0.9 million. That said, operating cash flow was negative in the quarter, and debt remains a meaningful drag on earnings.

Profitability improved materially in Q1 2026. CVGI posted net income of $902,000 versus a net loss of $4.3 million in Q1 2025.
Operating income turned positive year over year. Operating income was $14.7 million in Q1 2026, compared with $1.4 million in Q1 2025.
Gross profit improved slightly. Gross profit increased to $19.8 million from $17.8 million a year ago, showing modest margin improvement on a larger revenue base.
Recent quarters show better earnings than the weak period in late 2025. Q3 2025 recorded a net loss of $7.1 million, so Q1 2026 reflects a meaningful rebound.
Revenue growth was modest. Q1 2026 revenue of $171.5 million was only slightly above Q1 2025 revenue of $169.8 million, suggesting the recovery is more about margins than volume.
Quarterly revenue remains volatile. The company’s revenue ranged from $152.5 million in Q3 2025 to $194.6 million in Q1 2024, indicating uneven demand.
Balance sheet equity remains positive. Total common equity was $131.0 million at Q1 2026, down from $136.7 million in Q1 2025, but still positive.
Operating cash flow was negative in Q1 2026. Net cash from operating activities was -$1.6 million, compared with +$15.2 million in Q1 2025.
Debt remains high relative to equity. Q1 2026 had $93.6 million of total debt, including $89.7 million of long-term debt, versus $131.0 million of equity.
Interest expense continues to pressure results. Q1 2026 interest expense was $6.1 million, more than the company’s operating income, which limits bottom-line leverage.

Looking at the bigger picture, CVGI has made real progress from the weak profitability seen in 2025 and late 2024, when operating income often swung negative. However, the business still appears sensitive to margin compression, working-capital swings, and financing costs. Investors should watch whether the company can sustain positive operating income and convert it into consistent free cash flow.

07/17/26 11:29 AM ETAI Generated. May Contain Errors.

Commercial Vehicle Group Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Commercial Vehicle Group's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

Commercial Vehicle Group's net income appears to be on a downward trend, with a most recent value of -$27.87 million in 2024, falling from $7.63 million in 2014. The previous period was $49.41 million in 2023. View Commercial Vehicle Group's forecast to see where analysts expect Commercial Vehicle Group to go next.

Commercial Vehicle Group's total operating income in 2024 was -$758 thousand, based on the following breakdown:

Total Gross Profit: $73.12 million
Total Operating Expenses: $73.88 million

Over the last 10 years, Commercial Vehicle Group's total revenue changed from $839.74 million in 2014 to $723.36 million in 2024, a change of -13.9%.

Commercial Vehicle Group's total liabilities were at $258.36 million at the end of 2025, a 10.6% decrease from 2024, and a 29.8% decrease since 2015.

In the past 10 years, Commercial Vehicle Group's cash and equivalents has ranged from $26.63 million in 2024 to $130.16 million in 2016, and is currently $33.28 million as of their latest financial filing in 2025.

Over the last 10 years, Commercial Vehicle Group's book value per share changed from 1.98 in 2014 to 3.93 in 2024, a change of 98.5%.

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Financial statements for NASDAQ:CVGI last updated on 7/2/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Commercial Vehicle Group (CVGI) Financials

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Commercial Vehicle Group (CVGI) Financials

Annual Income Statements for Commercial Vehicle Group

Quarterly Income Statements for Commercial Vehicle Group

Annual Cash Flow Statements for Commercial Vehicle Group

Quarterly Cash Flow Statements for Commercial Vehicle Group

Annual Balance Sheets for Commercial Vehicle Group

Quarterly Balance Sheets for Commercial Vehicle Group

Annual Metrics And Ratios for Commercial Vehicle Group

Quarterly Metrics And Ratios for Commercial Vehicle Group

Financials Breakdown Chart

Key Financial Trends

Commercial Vehicle Group Financials - Frequently Asked Questions

When does Commercial Vehicle Group's fiscal year end?

How has Commercial Vehicle Group's net income changed over the last 10 years?

What is Commercial Vehicle Group's operating income?

How has Commercial Vehicle Group's revenue changed over the last 10 years?

How much debt does Commercial Vehicle Group have?

How much cash does Commercial Vehicle Group have?

How has Commercial Vehicle Group's book value per share changed over the last 10 years?

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