Compass Diversified (CODI) Financials

$12.05 +0.18 (+1.51%)

Closing price 05/14/2026 03:59 PM Eastern

Extended Trading

$12.00 -0.04 (-0.37%)

As of 05/14/2026 04:43 PM Eastern

Annual Income Statements for Compass Diversified

This table shows Compass Diversified's income and expenses over time, based on annual financial 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
Net Income / (Loss) Attributable to Common Shareholders	144	55	28	-5.70	302	23	115	-59	109	-209	-226
Consolidated Net Income / (Loss)	166	57	34	-1.79	307	27	127	-108	33	-323	-294
Net Income / (Loss) Continuing Operations	8.99	54	14	-19	-70	14	11	-143	-275	-328	-297
Total Pre-Tax Income	24	63	-9.63	-8.41	-60	27	27	-114	-266	-309	-298
Total Operating Income	50	19	25	57	26	78	123	44	-69	-15	11
Total Gross Profit	241	327	361	470	457	534	662	649	675	750	814
Total Revenue	728	978	1,003	1,357	1,263	1,448	1,724	1,757	1,690	1,788	1,874
Operating Revenue	728	978	1,003	1,357	1,263	1,448	1,724	1,757	1,690	1,788	1,874
Total Cost of Revenue	487	652	641	887	806	914	1,062	1,107	1,015	1,038	1,059
Operating Cost of Revenue	487	652	641	887	806	914	1,062	1,107	1,015	1,038	1,059
Total Operating Expenses	191	308	337	413	431	456	538	605	744	790	803
Selling, General & Admin Expense	136	218	262	320	308	360	418	442	502	588	661
Amortization Expense	29	35	35	50	54	62	74	73	84	95	93
Other Operating Expenses / (Income)	26	29	32	43	36	34	46	62	68	75	18
Impairment Charge	0.00	16	8.86	0.00	33	0.00	0.00	29	91	8.18	32
Total Other Income / (Expense), net	-26	44	-34	-65	-86	-51	-96	-158	-197	-270	-309
Interest Expense	-	-	0.00	0.74	12	0.00	33	0.53	0.00	0.00	2.83
Interest & Investment Income	-21	50	-33	-55	-68	-46	-59	-85	-110	-123	-287
Other Income / (Expense), net	-4.54	-5.68	-1.26	-9.05	-5.36	-5.07	-4.28	-73	-87	-147	-19
Income Tax Expense	15	9.47	-24	10	9.91	14	15	29	8.20	19	-0.95
Net Income / (Loss) Discontinued Operations	6.98	0.47	19	16	46	14	43	26	24	-6.91	2.91
Net Income / (Loss) Attributable to Noncontrolling Interest	3.93	-0.12	-2.62	-1.31	4.62	4.42	5.32	1.26	-0.30	-2.88	-67
Weighted Average Basic Shares Outstanding	54.30M	54.59M	59.90M	59.90M	59.90M	63.15M	65.36M	72.20M	75.27M	75.24M	75.24M
Diluted Earnings per Share	$2.61	$0.51	($0.44)	($0.42)	$3.64	($0.34)	$0.73	($1.37)	$0.70	($3.83)	($3.59)
Weighted Average Diluted Shares Outstanding	54.30M	54.59M	59.90M	59.90M	59.90M	63.15M	65.36M	70.72M	72.11M	75.45M	75.24M
Weighted Average Basic & Diluted Shares Outstanding	54.30M	54.59M	59.90M	59.90M	59.90M	63.15M	65.36M	72.20M	75.27M	75.24M	75.24M
Cash Dividends to Common per Share	$1.44	$1.44	$1.44	$1.44	$1.44	$1.44	$2.21	$1.00	$1.00	$1.00	$0.50

This table shows Compass Diversified'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	Q4 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	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	-10	137	-56	-73	-36	12	-30	-51	-74	-71	-31
Consolidated Net Income / (Loss)	-3.76	139	-85	-103	-66	24	-50	-78	-87	-79	-31
Net Income / (Loss) Continuing Operations	-14	-43	-89	-104	-64	22	-50	-81	-87	-79	-31
Total Pre-Tax Income	-10	-35	-86	-88	-62	30	-47	-63	-81	-106	-24
Total Operating Income	17	-8.79	-12	7.48	8.32	60	3.44	-27	-11	46	-1.93
Total Gross Profit	225	186	175	188	197	225	196	209	208	202	189
Total Revenue	521	473	411	427	457	549	454	479	473	469	427
Operating Revenue	521	473	411	427	457	549	454	479	473	469	427
Total Cost of Revenue	296	287	236	239	260	324	258	270	265	266	237
Operating Cost of Revenue	296	287	236	239	260	324	258	270	265	266	237
Total Operating Expenses	208	195	187	181	188	189	193	236	219	156	191
Selling, General & Admin Expense	133	105	138	138	146	127	150	162	179	169	132
Amortization Expense	24	16	23	24	24	19	23	23	23	23	23
Other Operating Expenses / (Income)	18	16	18	19	19	19	19	19	16	-36	16
Impairment Charge	33	57	8.18	0.00	0.00	-	0.00	32	0.00	-	21
Total Other Income / (Expense), net	-28	-26	-74	-96	-70	-5.16	-51	-36	-70	-152	-22
Interest & Investment Income	-28	-25	-25	-30	-32	-29	-36	-34	-67	-150	-27
Other Income / (Expense), net	0.04	-1.33	-48	-66	-38	24	-15	0.74	-3.17	-1.48	5.66
Income Tax Expense	3.84	7.56	3.11	16	2.77	8.05	2.54	17	5.76	-27	7.06
Other Adjustments to Consolidated Net Income / (Loss)	1.27	180	3.35	0.87	0.00	8.61	0.04	2.81	-0.52	-	0.16
Net Income / (Loss) Attributable to Noncontrolling Interest	0.67	-1.03	-0.34	-30	-30	-2.88	0.00	0.00	0.00	-67	0.00
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	5.72	3.03	-29	-	-	15	-20	-27	-13	-	0.09
Weighted Average Basic Shares Outstanding	71.88M	75.27M	75.27M	75.39M	75.65M	75.24M	75.24M	75.24M	75.24M	75.24M	75.24M
Diluted Earnings per Share	($0.33)	$1.85	($1.52)	($1.12)	($0.62)	$0.08	($0.59)	($0.88)	($1.21)	($0.91)	($0.62)
Weighted Average Diluted Shares Outstanding	71.88M	72.11M	75.27M	75.39M	75.65M	75.45M	75.24M	75.24M	75.24M	75.24M	75.24M
Weighted Average Basic & Diluted Shares Outstanding	71.88M	75.27M	75.27M	75.39M	75.65M	75.24M	75.24M	75.24M	75.24M	75.24M	75.24M
Cash Dividends to Common per Share	$0.25	$0.25	$0.25	$0.25	$0.25	$0.25	$0.25	$0.25	$0.00	-	$0.00

This table details how cash moves in and out of Compass Diversified's business through operations, investing, and financing, using annual figures. 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
Net Change in Cash & Equivalents	62	-46	4.21	10	48	-30	90	-99	389	-391	8.36
Net Cash From Operating Activities	85	111	82	114	85	149	134	-47	17	-151	-6.83
Net Cash From Continuing Operating Activities	69	108	47	72	57	131	95	-70	-46	-156	-6.83
Net Income / (Loss) Continuing Operations	8.99	54	14	-19	-70	14	11	-143	-275	-335	-297
Consolidated Net Income / (Loss)	166	57	34	-1.79	307	27	127	-108	33	-323	-294
Net Income / (Loss) Discontinued Operations	157	2.78	20	17	377	14	43	26	24	12	2.91
Depreciation Expense	21	27	22	31	30	33	35	39	46	44	45
Amortization Expense	35	62	65	64	57	70	79	77	88	104	97
Non-Cash Adjustments To Reconcile Net Income	-1.41	-44	23	7.73	56	14	-24	36	-178	45	205
Changes in Operating Assets and Liabilities, net	5.46	8.97	-78	-12	-16	0.32	-80	-88	-10	-22	-58
Net Cash From Discontinued Operating Activities	16	3.69	35	43	27	17	39	23	63	4.99	0.00
Net Cash From Investing Activities	234	-363	-77	-604	743	-701	-317	-627	571	-422	-43
Net Cash From Continuing Investing Activities	237	-372	-65	-538	472	-699	-290	-621	444	-504	-43
Purchase of Property, Plant & Equipment	-16	-24	-38	-41	-27	-29	-33	-60	-55	-57	-44
Acquisitions	-130	-536	-159	-495	0.00	-667	-357	-569	0.00	-518	0.50
Divestitures	386	11	0.34	0.09	503	0.10	101	9.39	500	75	3.65
Other Investing Activities, net	-0.10	181	136	-0.13	1.72	-3.01	-1.13	-1.10	-1.74	-4.30	-2.45
Net Cash From Discontinued Investing Activities	-3.57	9.19	-13	-66	271	-1.42	-27	-5.80	127	82	0.00
Net Cash From Financing Activities	-254	209	-2.59	500	-780	522	273	575	-199	184	55
Net Cash From Continuing Financing Activities	-254	209	-2.59	500	-780	522	205	522	-260	184	55
Repayment of Debt	-370	-431	-233	-1,201	-836	-261	-1,514	-123	-525	-485	-276
Repurchase of Common Equity	-	-	-	-	-	-	0.00	0.00	-9.34	-9.57	0.00
Payment of Dividends	-96	-126	-128	-98	-162	-135	-210	-106	-134	-150	-75
Issuance of Debt	197	671	261	1,709	108	767	1,857	668	360	739	361
Issuance of Preferred Equity	0.00	0.00	96	97	111	-	-	0.00	0.00	115	59
Issuance of Common Equity	15	108	0.82	0.40	0.04	84	123	85	90	50	2.25
Other Financing Activities, net	0.00	1.16	0.42	-	-1.01	66	-	-	-	-75	-16
Effect of Exchange Rate Changes	-1.91	-3.17	-	-	-	-	-	-	-	-1.28	2.71
Other Net Changes in Cash	-	-	2.30	0.00	-	-	14	7.17	9.29	3.80	0.00

This table details how cash moves in and out of Compass Diversified'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	Q4 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	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-2.62	386	-386	3.66	3.58	-12	87	-72	-13	6.88	-2.83
Net Cash From Operating Activities	20	21	-25	-35	-29	9.97	-29	-35	11	47	24
Net Cash From Continuing Operating Activities	18	6.92	-28	-35	-29	4.98	-29	-35	11	47	24
Net Income / (Loss) Continuing Operations	-14	-43	-89	-14	31	15	-50	-81	-87	-79	-31
Consolidated Net Income / (Loss)	-3.76	139	-85	-14	31	24	-50	-78	-87	-79	-31
Net Income / (Loss) Discontinued Operations	10	182	3.66	-	-	8.61	0.04	2.81	-0.52	0.58	0.16
Depreciation Expense	12	11	11	11	10	12	12	11	11	11	12
Amortization Expense	25	17	27	30	28	22	24	24	24	25	25
Non-Cash Adjustments To Reconcile Net Income	37	60	12	-25	53	17	3.07	38	29	135	14
Changes in Operating Assets and Liabilities, net	-42	-38	12	-86	-102	-54	-19	-28	33	-44	4.18
Net Cash From Investing Activities	-14	466	-382	46	-16	-70	-13	-9.27	-11	-9.53	6.23
Net Cash From Continuing Investing Activities	-11	379	-382	46	-16	-152	-13	-9.27	-11	-9.53	6.23
Purchase of Property, Plant & Equipment	-9.93	-16	-7.73	-11	-16	-22	-13	-11	-10	-10	-5.11
Acquisitions	-	-	-380	-	-0.53	-138	0.50	-	-	-	0.00
Divestitures	-	395	3.35	61	0.39	9.50	0.04	2.81	-0.52	1.33	0.16
Other Investing Activities, net	-0.74	-0.09	1.51	-3.91	-0.45	-1.39	-0.36	-1.19	-0.18	-0.72	11
Net Cash From Financing Activities	-8.31	-102	23	-7.54	48	50	128	-30	-12	-31	-33
Net Cash From Continuing Financing Activities	-8.31	-102	23	-7.54	48	50	128	-30	-12	-31	-33
Repayment of Debt	-53	-188	-57	-132	-59	-239	-165	-27	-26	-57	-43
Repurchase of Preferred Equity	-0.51	-40	-2.51	-0.35	-1.47	-	-4.67	-1.80	-0.78	-	-9.46
Payment of Dividends	-24	-62	-25	-25	-74	-26	-27	-29	-9.72	-9.71	-9.71
Issuance of Debt	70	73	100	137	112	236	250	24	25	63	24
Issuance of Preferred Equity	-	-	0.83	8.98	17	88	58	0.86	-	-	0.00
Issuance of Common Equity	0.26	90	1.22	3.28	3.60	42	1.33	0.37	0.27	0.21	4.88
Other Financing Activities, net	-	26	4.90	-	49	-46	16	3.09	-0.11	-35	0.00
Other Net Changes in Cash	-0.48	3.65	-0.99	-0.03	-	-	0.61	1.81	-0.07	-2.34	-0.16

This table presents Compass Diversified'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	1,421	1,777	1,820	2,372	1,892	2,599	3,144	3,493	3,325	3,297	3,039
Total Current Assets	291	453	527	681	644	708	1,061	1,015	1,269	965	845
Cash & Equivalents	85	40	40	49	100	60	161	53	447	60	68
Note & Lease Receivable	-	-	-	-	-	-	-	-	-	0.00	71
Accounts Receivable	106	181	215	206	191	207	278	204	185	207	224
Inventories, net	60	213	247	307	317	351	566	561	523	571	404
Prepaid Expenses	22	19	25	30	35	40	57	53	78	127	78
Other Current Assets	-	-	-	-	-	-	-	-	-	-	0.00
Plant, Property, & Equipment, net	116	142	173	147	146	154	186	183	191	245	210
Total Noncurrent Assets	1,014	1,182	1,120	1,545	1,101	1,736	1,897	2,295	1,865	2,088	1,984
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	-	-	-	0.00	26
Goodwill	391	492	532	471	439	667	882	864	774	896	895
Intangible Assets	351	539	581	616	562	834	873	891	808	983	893
Other Noncurrent Operating Assets	9.82	9.35	8.20	8.38	101	97	142	162	195	209	170
Total Liabilities & Shareholders' Equity	1,421	1,777	1,820	2,372	1,892	2,599	3,144	3,493	3,325	3,297	3,039
Total Liabilities	548	883	894	1,453	726	1,378	1,860	2,564	2,469	2,767	2,466
Total Current Liabilities	116	203	212	259	209	295	362	457	2,161	2,433	350
Short-Term Debt	3.25	5.69	5.69	5.00	0.00	-	0.00	10	1,672	1,774	38
Accounts Payable	52	82	92	88	78	102	136	77	91	103	96
Accrued Expenses	44	91	107	107	109	134	179	233	238	318	163
Other Current Liabilities	9.00	23	7.30	6.91	23	26	34	98	152	237	53
Other Current Nonoperating Liabilities	8.46	-	-	52	-	24	-	40	8.99	-	0.00
Total Noncurrent Liabilities	431	680	682	1,194	517	1,084	1,498	2,107	308	333	2,116
Long-Term Debt	309	552	584	1,099	394	899	1,285	1,824	0.00	0.00	1,840
Noncurrent Deferred & Payable Income Tax Liabilities	104	111	81	34	33	68	98	119	103	108	104
Other Noncurrent Operating Liabilities	19	18	17	13	89	105	116	139	203	225	172
Total Equity & Noncontrolling Interests	873	895	926	919	1,166	1,220	1,285	929	856	531	574
Total Preferred & Common Equity	826	856	873	859	1,115	1,100	1,112	878	930	679	442
Preferred Stock	-	-	96	193	304	304	304	304	304	419	478
Total Common Equity	827	856	777	666	811	796	808	574	626	260	-36
Common Stock	825	925	925	925	925	1,009	1,123	1,207	1,281	1,289	1,289
Retained Earnings	11	-59	-145	-249	-109	-211	-314	-632	-646	-1,005	-1,307
Treasury Stock	-	-	-	-	-	-	-	0.00	-9.34	-19	-19
Accumulated Other Comprehensive Income / (Loss)	-9.80	-9.52	-2.57	-8.78	-3.93	-1.46	-1.03	-1.14	0.00	-5.34	0.74
Noncontrolling Interest	46	38	53	60	51	120	173	51	-73	-148	132

This table presents Compass Diversified'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 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	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	3,841	3,758	3,796	3,811	3,865	3,858	3,961	3,367	3,275	3,247	2,964
Total Current Assets	1,195	1,209	1,247	1,315	1,319	1,397	1,525	1,065	1,030	1,011	904
Cash & Equivalents	61	54	67	65	65	68	72	146	74	61	61
Note & Lease Receivable	-	-	-	-	-	-	-	-	-	-	71
Accounts Receivable	326	327	296	350	338	359	413	196	216	225	202
Inventories, net	726	764	788	802	789	844	939	599	605	602	375
Prepaid Expenses	81	64	95	99	127	126	101	124	134	123	64
Other Current Assets	-	-	-	-	-	-	-	-	-	-	132
Plant, Property, & Equipment, net	194	203	205	204	192	181	187	246	217	214	191
Total Noncurrent Assets	2,453	2,347	2,344	2,292	2,355	2,281	2,250	2,056	2,028	2,022	1,869
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	-	-	-	-	26
Goodwill	1,194	1,067	1,073	1,041	1,023	1,004	1,004	895	895	895	831
Intangible Assets	1,096	1,102	1,096	1,070	1,145	1,089	1,062	961	939	916	840
Other Noncurrent Operating Assets	163	177	175	180	186	188	184	200	194	211	172
Total Liabilities & Shareholders' Equity	3,841	3,758	3,796	3,811	3,865	3,858	3,961	3,367	3,275	3,247	2,964
Total Liabilities	2,449	2,313	2,378	2,421	2,371	2,389	2,460	2,853	2,864	2,929	2,433
Total Current Liabilities	377	345	331	354	323	334	361	2,537	2,539	2,599	339
Short-Term Debt	10	10	10	10	10	10	13	1,860	1,857	1,879	41
Accounts Payable	116	79	90	100	82	95	96	100	117	121	72
Accrued Expenses	212	201	178	191	176	174	197	326	312	338	149
Other Current Liabilities	39	55	52	53	55	55	55	251	253	260	48
Other Current Nonoperating Liabilities	-	0.00	0.00	0.00	-	-	-	-	-	-	29
Total Noncurrent Liabilities	2,072	1,968	2,047	2,067	2,048	2,055	2,098	316	325	330	2,094
Long-Term Debt	1,784	1,676	1,758	1,776	1,706	1,712	1,764	0.00	0.00	0.00	1,819
Noncurrent Deferred & Payable Income Tax Liabilities	153	140	137	133	140	138	136	102	112	107	99
Other Noncurrent Operating Liabilities	135	153	152	158	202	205	199	214	213	223	177
Total Equity & Noncontrolling Interests	1,392	1,445	1,418	1,390	1,494	1,469	1,502	514	411	318	530
Total Preferred & Common Equity	1,172	1,215	1,177	1,140	1,251	1,217	1,237	681	602	519	401
Preferred Stock	304	304	304	304	305	314	331	477	478	478	478
Total Common Equity	868	911	873	836	947	903	906	204	124	41	-77
Common Stock	1,207	1,207	1,207	1,207	1,283	1,286	1,289	1,289	1,289	1,289	1,289
Retained Earnings	-337	-292	-329	-363	-325	-369	-372	-1,062	-1,142	-1,226	-1,347
Treasury Stock	-	-3.95	-5.86	-7.39	-9.34	-9.34	-9.34	-19	-19	-19	-19
Accumulated Other Comprehensive Income / (Loss)	-2.59	-0.41	0.28	-1.19	-1.96	-4.50	-1.54	-4.09	-4.04	-2.97	-0.11
Noncontrolling Interest	220	230	241	250	243	252	265	-167	-191	-201	130

This table displays calculated financial ratios and metrics derived from Compass Diversified's official financial filings.

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
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	75,235,966.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	75,235,966.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-3.01
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	14.34%	34.39%	2.50%	35.36%	-6.93%	14.59%	19.06%	11.44%	2.31%	11.87%	4.79%
EBITDA Growth	41.05%	1.19%	7.57%	29.42%	-24.54%	63.62%	32.52%	14.80%	-17.01%	68.57%	1,052.18%
EBIT Growth	56.64%	-70.52%	73.74%	104.69%	-56.64%	253.56%	62.88%	19.19%	-41.39%	167.76%	95.31%
NOPAT Growth	-40.25%	-13.37%	5.83%	131.13%	-54.10%	114.07%	35.08%	-20.97%	43.53%	78.64%	174.72%
Net Income Growth	-43.06%	-65.90%	-40.54%	-105.33%	17,258.72%	-91.15%	366.26%	-59.44%	410.14%	-81.96%	9.00%
EPS Growth	-51.49%	-80.46%	-186.27%	4.55%	966.67%	-109.34%	314.71%	-113.70%	2,560.00%	-146.34%	6.27%
Operating Cash Flow Growth	19.60%	31.73%	-26.58%	39.97%	-26.12%	75.76%	-9.81%	-121.11%	375.97%	-186.62%	95.48%
Free Cash Flow Firm Growth	-282.20%	-1,062.43%	55.82%	89.31%	566.79%	-532.26%	-10.62%	22.78%	167.55%	-330.00%	53.89%
Invested Capital Growth	7.19%	53.59%	16.20%	4.05%	-4.94%	30.54%	26.38%	16.16%	-6.26%	24.66%	6.27%
Revenue Q/Q Growth	33.76%	18.76%	-19.12%	20.54%	-8.19%	15.36%	0.14%	-3.83%	3.47%	-0.82%	-1.34%
EBITDA Q/Q Growth	55.63%	-11.92%	-11.31%	31.15%	-22.27%	27.81%	-5.00%	-4.05%	0.64%	30.07%	67.08%
EBIT Q/Q Growth	492.08%	-72.38%	989.89%	5.56%	-53.33%	61.75%	-7.96%	-3.21%	2.36%	67.20%	88.28%
NOPAT Q/Q Growth	134.73%	-62.39%	4,058.16%	-80.82%	-49.09%	9.99%	55.37%	-53.39%	-1.10%	222.32%	120.80%
Net Income Q/Q Growth	-6.15%	7.40%	348.19%	-103.33%	4.00%	14.42%	15.62%	-42.33%	136.15%	-70.94%	-3.50%
EPS Q/Q Growth	-49.71%	-80.46%	-186.27%	32.26%	2.25%	0.00%	0.00%	-143.48%	500.00%	-280.95%	-10.46%
Operating Cash Flow Q/Q Growth	19.07%	12.87%	-25.67%	40.77%	-3.10%	-10.39%	-26.71%	46.64%	13.85%	-19.75%	90.23%
Free Cash Flow Firm Q/Q Growth	-288.44%	3.45%	-82.99%	94.79%	-83.85%	-126.85%	79.70%	55.70%	214.56%	-195.94%	-112.84%
Invested Capital Q/Q Growth	-2.13%	-4.52%	3.00%	-24.23%	-1.35%	0.00%	6.99%	-10.47%	-15.69%	1.97%	11.29%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	33.07%	33.38%	36.04%	34.62%	36.17%	36.87%	38.39%	37.94%	42.39%	45.51%	43.47%
EBITDA Margin	13.92%	10.48%	11.00%	10.52%	8.53%	12.18%	13.55%	13.96%	11.33%	17.07%	7.20%
Operating Margin	6.86%	1.95%	2.44%	4.17%	2.06%	5.39%	7.14%	7.69%	4.34%	10.47%	0.59%
EBIT Margin	6.23%	1.37%	2.32%	3.51%	1.63%	5.04%	6.89%	7.37%	4.22%	10.11%	-0.41%
Profit (Net Income) Margin	22.77%	5.78%	3.35%	-0.13%	24.31%	1.88%	7.36%	2.68%	13.35%	2.15%	-15.68%
Tax Burden Percent	690.94%	89.42%	-349.00%	21.28%	-511.05%	100.09%	475.60%	89.33%	-1,182.59%	51.86%	98.71%
Interest Burden Percent	52.87%	472.52%	-41.43%	-17.68%	-291.32%	37.25%	22.44%	40.67%	-26.74%	41.09%	3,912.42%
Effective Tax Rate	62.53%	14.98%	0.00%	0.00%	0.00%	50.07%	57.26%	71.84%	0.00%	53.68%	0.00%
Return on Invested Capital (ROIC)	2.34%	1.55%	1.25%	2.63%	1.21%	2.31%	2.44%	1.60%	2.20%	3.62%	0.34%
ROIC Less NNEP Spread (ROIC-NNEP)	-352.82%	26.01%	4.80%	-4.47%	64.67%	-0.08%	10.64%	2.37%	18.17%	-0.60%	-16.84%
Return on Net Nonoperating Assets (RNNOA)	17.38%	4.85%	2.44%	-2.83%	28.24%	-0.03%	7.69%	2.29%	16.01%	-0.55%	-53.54%
Return on Equity (ROE)	19.72%	6.40%	3.69%	-0.19%	29.46%	2.28%	10.13%	3.89%	18.21%	3.07%	-53.20%
Cash Return on Invested Capital (CROIC)	-4.60%	-40.72%	-13.74%	-1.34%	6.28%	-24.18%	-20.87%	-13.35%	8.66%	-18.33%	-5.75%
Operating Return on Assets (OROA)	3.06%	0.84%	1.29%	2.27%	0.97%	3.25%	4.14%	4.05%	2.17%	5.65%	-0.24%
Return on Assets (ROA)	11.17%	3.54%	1.87%	-0.09%	14.41%	1.21%	4.42%	1.47%	6.85%	1.20%	-9.27%
Return on Common Equity (ROCE)	18.69%	6.09%	3.31%	-0.15%	20.88%	1.54%	6.48%	2.41%	11.73%	1.89%	-10.79%
Return on Equity Simple (ROE_SIMPLE)	20.07%	6.60%	3.85%	-0.21%	27.54%	2.47%	11.41%	4.52%	19.78%	3.65%	0.00%
Net Operating Profit after Tax (NOPAT)	19	16	17	40	18	39	53	42	60	107	7.78
NOPAT Margin	2.57%	1.66%	1.71%	2.92%	1.44%	2.69%	3.05%	2.16%	3.04%	4.85%	0.42%
Net Nonoperating Expense Percent (NNEP)	355.16%	-24.46%	-3.56%	7.10%	-63.45%	2.40%	-8.20%	-0.77%	-15.97%	4.22%	17.18%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	1.30%	1.87%	3.19%	0.32%
Cost of Revenue to Revenue	66.93%	66.62%	63.96%	65.38%	63.83%	63.13%	61.61%	62.06%	57.61%	54.49%	56.53%
SG&A Expenses to Revenue	18.74%	22.27%	26.08%	23.58%	24.41%	24.84%	24.27%	22.99%	25.55%	26.73%	35.26%
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	26.21%	31.43%	33.60%	30.44%	34.11%	31.49%	31.24%	30.25%	38.05%	36.14%	42.87%
Earnings before Interest and Taxes (EBIT)	45	13	23	48	21	73	119	142	83	222	-7.61
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	101	103	110	143	108	176	234	268	223	375	135
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.56	0.66	0.83	0.77	1.37	1.28	2.20	1.42	1.49	1.97	0.00
Price to Tangible Book Value (P/TBV)	5.38	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.63	0.58	0.64	0.38	0.88	0.70	1.03	0.62	0.78	0.79	0.19
Price to Earnings (P/E)	3.20	10.37	22.97	0.00	3.69	44.76	15.51	32.54	6.19	134.75	0.00
Dividend Yield	16.95%	13.79%	13.41%	16.79%	7.74%	9.17%	8.61%	6.10%	4.71%	4.38%	20.83%
Earnings Yield	31.25%	9.64%	4.35%	0.00%	27.09%	2.23%	6.45%	3.07%	16.16%	0.74%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.59	0.77	0.91	1.19	1.21	1.20	1.40	1.25	1.24	1.26	1.17
Enterprise Value to Revenue (EV/Rev)	0.67	1.00	1.34	1.34	1.40	1.58	1.96	1.82	1.65	1.88	1.48
Enterprise Value to EBITDA (EV/EBITDA)	4.78	9.57	12.17	12.76	16.36	12.95	14.46	13.02	14.58	11.00	20.61
Enterprise Value to EBIT (EV/EBIT)	10.67	73.34	57.75	38.29	85.45	31.30	28.43	24.65	39.11	18.57	0.00
Enterprise Value to NOPAT (EV/NOPAT)	25.89	60.54	78.27	45.96	96.89	58.62	64.21	83.96	54.39	38.70	357.45
Enterprise Value to Operating Cash Flow (EV/OCF)	5.73	8.81	16.42	15.92	20.85	15.36	25.20	0.00	41.57	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	18.72	0.00	0.00	0.00	13.82	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.36	0.62	0.64	1.20	0.34	0.74	1.00	1.35	1.10	1.14	3.27
Long-Term Debt to Equity	0.35	0.62	0.63	1.20	0.34	0.74	1.00	1.34	1.09	1.13	3.21
Financial Leverage	-0.05	0.19	0.51	0.63	0.44	0.41	0.72	0.97	0.88	0.91	3.18
Leverage Ratio	1.77	1.81	1.98	2.27	2.05	1.88	2.29	2.64	2.66	2.55	5.74
Compound Leverage Factor	0.93	8.55	-0.82	-0.40	-5.96	0.70	0.51	1.07	-0.71	1.05	224.51
Debt to Total Capital	26.32%	38.39%	38.92%	54.56%	25.28%	42.44%	50.01%	57.39%	52.39%	53.16%	76.59%
Short-Term Debt to Total Capital	0.27%	0.39%	0.38%	0.25%	0.00%	0.00%	0.00%	0.31%	0.31%	0.45%	1.53%
Long-Term Debt to Total Capital	26.04%	38.00%	38.54%	54.31%	25.28%	42.44%	50.01%	57.08%	52.08%	52.72%	75.06%
Preferred Equity to Total Capital	0.00%	0.00%	6.36%	9.54%	19.48%	14.34%	11.83%	9.51%	9.52%	12.55%	19.50%
Noncontrolling Interests to Total Capital	3.90%	2.63%	3.48%	2.96%	3.24%	5.67%	6.72%	7.04%	6.04%	7.98%	5.37%
Common Equity to Total Capital	69.78%	58.99%	51.24%	32.94%	52.00%	37.56%	31.44%	26.06%	32.05%	26.31%	-1.46%
Debt to EBITDA	3.08	5.43	5.35	7.73	3.66	5.10	5.50	6.84	7.51	4.73	13.91
Net Debt to EBITDA	-0.23	3.66	4.99	7.39	2.73	4.76	4.81	6.63	5.51	4.57	13.41
Long-Term Debt to EBITDA	3.05	5.38	5.30	7.70	3.66	5.10	5.50	6.80	7.47	4.69	13.64
Debt to NOPAT	16.67	34.39	34.40	27.85	21.68	23.10	24.42	44.12	28.02	16.64	241.39
Net Debt to NOPAT	-1.23	23.19	32.08	26.62	16.17	21.55	21.37	42.76	20.53	16.08	232.65
Long-Term Debt to NOPAT	16.50	34.04	34.07	27.72	21.68	23.10	24.42	43.88	27.85	16.50	236.57
Altman Z-Score	1.28	1.08	1.12	0.92	1.82	1.17	1.37	1.04	1.30	1.36	0.29
Noncontrolling Interest Sharing Ratio	5.18%	4.77%	10.29%	21.79%	29.13%	32.63%	35.96%	38.00%	35.59%	38.33%	79.72%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.50	2.24	2.48	2.63	3.08	2.40	2.93	3.36	5.13	4.07	2.42
Quick Ratio	1.64	1.09	1.20	0.98	1.39	0.91	1.21	0.98	2.42	1.31	1.04
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-37	-427	-189	-20	94	-407	-450	-348	235	-540	-133
Operating Cash Flow to CapEx	539.86%	464.65%	212.75%	279.16%	314.07%	505.42%	404.79%	-47.01%	141.92%	-119.29%	-15.41%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	-27.11	7.64	0.00	-13.52	-650.97	0.00	0.00	-46.90
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	153.83	6.86	0.00	4.03	-52.98	0.00	0.00	-2.42
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	98.73	4.68	0.00	3.03	-165.69	0.00	0.00	-18.09
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.49	0.61	0.56	0.65	0.59	0.64	0.60	0.55	0.51	0.56	0.59
Accounts Receivable Turnover	6.48	6.82	5.06	6.45	6.37	7.27	7.12	6.68	6.49	5.84	8.70
Inventory Turnover	8.24	4.78	2.79	3.20	2.58	2.74	2.32	1.91	1.61	1.42	2.17
Fixed Asset Turnover	6.53	7.57	6.36	8.49	8.62	9.65	10.13	10.35	10.46	10.08	8.24
Accounts Payable Turnover	9.08	9.70	7.34	9.83	9.69	10.16	8.93	10.89	13.01	12.26	10.61
Days Sales Outstanding (DSO)	56.35	53.56	72.12	56.56	57.34	50.19	51.30	54.68	56.27	62.48	41.96
Days Inventory Outstanding (DIO)	44.28	76.41	130.86	114.00	141.39	133.38	157.48	190.80	226.31	256.81	168.05
Days Payable Outstanding (DPO)	40.18	37.62	49.71	37.14	37.66	35.92	40.86	33.52	28.06	29.77	34.39
Cash Conversion Cycle (CCC)	60.44	92.35	153.28	133.42	161.08	147.66	167.92	211.95	254.52	289.52	175.63
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	827	1,270	1,476	1,536	1,460	1,906	2,409	2,798	2,623	3,269	2,377
Invested Capital Turnover	0.91	0.93	0.73	0.90	0.84	0.86	0.80	0.74	0.73	0.75	0.81
Increase / (Decrease) in Invested Capital	55	443	206	60	-76	446	503	389	-175	647	140
Enterprise Value (EV)	484	981	1,342	1,822	1,763	2,283	3,378	3,491	3,245	4,126	2,780
Market Capitalization	461	567	643	514	1,114	1,020	1,777	1,184	1,524	1,726	361
Book Value per Share	$15.23	$15.77	$12.97	$11.13	$13.55	$12.27	$12.25	$11.54	$14.24	$11.61	($0.48)
Tangible Book Value per Share	$1.58	($3.21)	($5.60)	($7.02)	($3.16)	($10.85)	($14.36)	($16.25)	($9.97)	($15.25)	($24.24)
Total Capital	1,185	1,452	1,516	2,023	1,560	2,120	2,569	3,196	3,191	3,337	2,451
Total Debt	312	557	590	1,104	394	899	1,285	1,834	1,672	1,774	1,877
Total Long-Term Debt	309	552	584	1,099	394	899	1,285	1,824	1,662	1,759	1,840
Net Debt	-23	376	550	1,055	294	839	1,124	1,778	1,225	1,715	1,809
Capital Expenditures (CapEx)	16	24	38	41	27	29	33	60	55	57	44
Debt-free, Cash-free Net Working Capital (DFCFNWC)	93	216	280	378	334	354	539	804	855	1,138	465
Debt-free Net Working Capital (DFNWC)	178	256	320	427	435	414	700	860	1,301	1,198	533
Net Working Capital (NWC)	175	250	315	422	435	414	700	850	1,291	1,183	496
Net Nonoperating Expense (NNE)	-147	-40	-16	41	-289	12	-74	-9.86	-203	59	302
Net Nonoperating Obligations (NNO)	-46	376	550	617	294	686	1,124	1,436	1,103	1,706	1,804
Total Depreciation and Amortization (D&A)	56	89	87	95	87	103	115	127	140	153	143
Debt-free, Cash-free Net Working Capital to Revenue	12.76%	22.10%	27.96%	27.86%	26.48%	24.43%	31.26%	41.85%	43.50%	51.78%	24.82%
Debt-free Net Working Capital to Revenue	24.47%	26.17%	31.94%	31.45%	34.42%	28.57%	40.59%	44.79%	66.23%	54.49%	28.45%
Net Working Capital to Revenue	24.02%	25.58%	31.38%	31.08%	34.42%	28.57%	40.59%	44.27%	65.72%	53.81%	26.45%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic 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 Shares Outstanding	54.30M	59.90M	59.90M	59.90M	59.90M	64.90M	69.45M	72.20M	75.27M	75.24M	75.24M
Adjusted Diluted Earnings per Share	$2.61	$0.51	($0.44)	($0.42)	$3.64	($0.34)	$0.73	($0.10)	$2.46	($1.14)	($3.59)
Adjusted Weighted Average Diluted Shares Outstanding	54.30M	59.90M	59.90M	59.90M	59.90M	64.90M	69.45M	70.72M	72.11M	75.45M	75.24M
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	54.30M	54.59M	59.90M	59.90M	59.90M	63.15M	65.36M	72.20M	75.27M	75.24M	75.24M
Normalized Net Operating Profit after Tax (NOPAT)	35	38	23	40	41	55	86	103	122	184	30
Normalized NOPAT Margin	4.80%	3.85%	2.33%	2.92%	3.26%	3.77%	5.00%	5.38%	6.22%	8.36%	1.59%
Pre Tax Income Margin	3.30%	6.46%	-0.96%	-0.62%	-4.76%	1.88%	1.55%	3.00%	-1.13%	4.15%	-15.88%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	63.95	1.67	0.00	3.57	265.16	0.00	0.00	-2.69
NOPAT to Interest Expense	0.00	0.00	0.00	53.28	1.48	0.00	1.58	77.86	0.00	0.00	2.75
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	8.84	-0.51	0.00	2.57	152.46	0.00	0.00	-18.37
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	-1.83	-0.71	0.00	0.59	-34.84	0.00	0.00	-12.92
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	57.87%	222.18%	380.52%	-5,499.16%	52.66%	495.21%	165.97%	206.69%	51.21%	316.56%	-25.60%
Augmented Payout Ratio	57.87%	222.18%	380.52%	-5,499.16%	52.66%	495.21%	165.97%	206.69%	54.77%	336.77%	-25.60%

This table displays calculated financial ratios and metrics derived from Compass Diversified's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 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	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	150,471,932.00	150,471,932.00	75,235,966.00	75,235,966.00	75,235,966.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	150,471,932.00	150,471,932.00	75,235,966.00	75,235,966.00	75,235,966.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-0.20	-0.34	-0.98	-0.95	-0.41
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-9.51%	48.43%	8.34%	11.44%	11.81%	15.98%	10.45%	12.18%	3.51%	-5.14%	-5.93%
EBITDA Growth	-31.07%	-29.05%	5.12%	-4.59%	97.46%	550.51%	210.78%	139.30%	328.44%	208.70%	59.46%
EBIT Growth	-57.38%	-311.34%	-0.04%	-16.17%	297.32%	929.84%	81.23%	54.92%	52.65%	447.64%	132.80%
NOPAT Growth	263.78%	-198.10%	29.41%	-466.56%	330.62%	813.94%	128.42%	-464.14%	-233.02%	347.69%	-156.09%
Net Income Growth	-245.45%	1,277.31%	-94.73%	-180.14%	936.73%	-82.91%	41.70%	24.36%	-33.10%	-14.43%	38.29%
EPS Growth	-57.14%	1,025.00%	-165.89%	-28.57%	124.24%	-95.68%	61.18%	21.43%	-95.16%	-59.65%	-5.08%
Operating Cash Flow Growth	529.85%	81.67%	-184.92%	-262.17%	-248.26%	-52.79%	-15.69%	42.61%	122.08%	391.84%	181.48%
Free Cash Flow Firm Growth	103.00%	144.13%	90.70%	81.84%	-262.32%	-456.69%	1,289.09%	130,936.08%	1,286.81%	62.71%	-114.39%
Invested Capital Growth	-0.46%	-6.26%	2.24%	0.15%	3.06%	24.66%	-29.18%	-29.73%	-33.38%	6.27%	5.89%
Revenue Q/Q Growth	7.02%	-9.20%	1.12%	3.49%	7.38%	-5.82%	227.62%	5.49%	-1.28%	-0.85%	-8.90%
EBITDA Q/Q Growth	-30.38%	-66.75%	653.76%	-1.59%	44.08%	9.55%	109.35%	-65.95%	139.52%	286.53%	-49.42%
EBIT Q/Q Growth	-57.51%	-158.11%	311.63%	-0.98%	101.37%	21.37%	96.22%	-133.14%	46.27%	412.52%	-91.62%
NOPAT Q/Q Growth	-58.71%	-150.62%	180.28%	-1,377.84%	148.50%	-16.08%	101.86%	-891.57%	59.37%	515.42%	-104.20%
Net Income Q/Q Growth	-121.96%	3,808.54%	-95.85%	-337.38%	329.26%	-24.25%	85.64%	-56.85%	-11.89%	9.67%	61.08%
EPS Q/Q Growth	5.71%	660.61%	-145.95%	47.06%	117.78%	0.00%	77.39%	-49.15%	-37.50%	24.79%	31.87%
Operating Cash Flow Q/Q Growth	-9.13%	7.18%	-162.48%	-166.51%	16.93%	134.13%	60.06%	-19.80%	130.36%	340.36%	-49.12%
Free Cash Flow Firm Q/Q Growth	104.27%	538.36%	-230.04%	-86.02%	61.81%	-1,302.80%	326.34%	-1.20%	16.81%	-110.18%	-22.43%
Invested Capital Q/Q Growth	-0.23%	-15.69%	14.77%	-0.73%	2.68%	1.97%	-0.42%	-1.50%	-2.64%	11.29%	-0.79%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	43.24%	39.31%	46.12%	47.75%	47.13%	40.98%	43.20%	43.56%	43.96%	43.13%	44.36%
EBITDA Margin	10.43%	3.82%	14.44%	13.73%	18.43%	21.43%	5.60%	1.81%	4.39%	17.10%	9.49%
Operating Margin	3.33%	-1.86%	7.36%	11.31%	12.06%	10.92%	0.76%	-5.69%	-2.34%	9.81%	-0.45%
EBIT Margin	3.34%	-2.14%	6.62%	6.33%	11.87%	15.30%	-2.50%	-5.54%	-3.01%	9.50%	0.87%
Profit (Net Income) Margin	-0.72%	29.47%	1.10%	-2.53%	5.40%	4.34%	-10.95%	-16.29%	-18.46%	-16.82%	-7.19%
Tax Burden Percent	37.06%	-399.03%	51.98%	-176.00%	74.53%	78.97%	105.28%	122.95%	107.76%	74.35%	129.06%
Interest Burden Percent	-58.27%	345.34%	32.05%	22.69%	61.02%	35.94%	415.45%	239.35%	568.68%	-238.22%	-637.53%
Effective Tax Rate	0.00%	0.00%	78.10%	276.00%	25.47%	26.68%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	1.42%	-0.94%	1.09%	-13.74%	6.31%	5.98%	0.36%	-2.82%	-1.17%	5.58%	-0.25%
ROIC Less NNEP Spread (ROIC-NNEP)	0.50%	10.52%	0.92%	-8.12%	5.09%	4.54%	-2.74%	-6.25%	-5.68%	-0.75%	-1.91%
Return on Net Nonoperating Assets (RNNOA)	0.62%	9.27%	1.03%	-9.44%	6.03%	4.14%	-4.59%	-11.43%	-10.99%	-2.37%	-6.48%
Return on Equity (ROE)	2.04%	8.33%	2.12%	-23.18%	12.33%	10.12%	-4.22%	-14.25%	-12.16%	3.21%	-6.74%
Cash Return on Invested Capital (CROIC)	2.39%	8.66%	-0.10%	2.40%	-5.78%	-18.33%	34.19%	34.03%	38.66%	-5.75%	-5.54%
Operating Return on Assets (OROA)	1.66%	-1.10%	3.64%	3.57%	6.77%	8.55%	-1.27%	-2.92%	-1.59%	5.62%	0.51%
Return on Assets (ROA)	-0.36%	15.11%	0.61%	-1.42%	3.08%	2.43%	-5.55%	-8.60%	-9.73%	-9.95%	-4.19%
Return on Common Equity (ROCE)	1.25%	5.37%	1.34%	-14.26%	7.43%	6.24%	-2.42%	-7.78%	-6.33%	0.65%	-0.82%
Return on Equity Simple (ROE_SIMPLE)	9.75%	0.00%	12.67%	10.50%	13.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	12	-6.16	8.45	-108	52	44	2.41	-19	-7.75	32	-1.35
NOPAT Margin	2.33%	-1.30%	1.61%	-19.90%	8.99%	8.01%	0.53%	-3.98%	-1.64%	6.87%	-0.32%
Net Nonoperating Expense Percent (NNEP)	0.92%	-11.47%	0.16%	-5.62%	1.22%	1.43%	3.10%	3.43%	4.51%	6.32%	1.66%
Return On Investment Capital (ROIC_SIMPLE)	-	-0.19%	-	-	-	1.32%	0.10%	-0.84%	-0.35%	1.31%	-0.06%
Cost of Revenue to Revenue	56.76%	60.69%	53.88%	52.25%	52.87%	59.02%	56.80%	56.44%	56.04%	56.87%	55.64%
SG&A Expenses to Revenue	25.51%	22.20%	28.75%	27.91%	27.25%	23.07%	33.14%	33.87%	37.95%	36.04%	30.93%
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	39.91%	41.17%	38.77%	36.45%	35.07%	34.46%	42.44%	49.26%	46.30%	33.32%	44.81%
Earnings before Interest and Taxes (EBIT)	17	-10	35	34	69	84	-11	-26	-14	44	3.73
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	54	18	76	75	107	118	25	8.65	21	80	41
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.52	1.49	1.87	1.81	1.83	1.97	6.79	3.81	12.03	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.67	0.78	0.84	0.76	0.75	0.79	0.76	0.25	0.26	0.19	0.32
Price to Earnings (P/E)	13.14	6.19	12.73	15.39	11.96	134.75	0.00	0.00	0.00	0.00	0.00
Dividend Yield	5.65%	4.71%	4.25%	4.62%	4.57%	4.38%	5.44%	15.92%	15.11%	20.83%	12.72%
Earnings Yield	7.61%	16.16%	7.85%	6.50%	8.36%	0.74%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.14	1.24	1.26	1.23	1.23	1.26	1.53	1.16	1.21	1.17	1.27
Enterprise Value to Revenue (EV/Rev)	1.87	1.65	1.89	1.79	1.78	1.88	1.86	1.35	1.37	1.48	1.62
Enterprise Value to EBITDA (EV/EBITDA)	16.04	14.58	16.62	16.36	13.71	11.00	99.68	39.20	32.11	20.61	19.99
Enterprise Value to EBIT (EV/EBIT)	43.76	39.11	45.26	47.49	29.76	18.57	0.00	0.00	0.00	0.00	400.48
Enterprise Value to NOPAT (EV/NOPAT)	58.81	54.39	60.31	48.57	0.00	38.70	7,158.34	0.00	0.00	357.45	746.37
Enterprise Value to Operating Cash Flow (EV/OCF)	51.73	41.57	80.51	0.00	0.00	0.00	0.00	0.00	0.00	0.00	64.58
Enterprise Value to Free Cash Flow (EV/FCFF)	47.53	13.82	0.00	51.52	0.00	0.00	3.71	2.81	2.51	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.29	1.10	1.15	1.17	1.18	1.14	3.62	4.52	5.90	3.27	3.51
Long-Term Debt to Equity	1.28	1.09	1.14	1.17	1.17	1.13	0.00	0.00	0.00	3.21	3.43
Financial Leverage	1.24	0.88	1.12	1.16	1.18	0.91	1.68	1.83	1.93	3.18	3.39
Leverage Ratio	2.75	2.66	2.59	2.65	2.69	2.55	3.60	3.80	3.96	5.74	6.06
Compound Leverage Factor	-1.60	9.19	0.83	0.60	1.64	0.92	14.96	9.08	22.52	-13.67	-38.66
Debt to Total Capital	56.24%	52.39%	53.45%	53.97%	54.18%	53.16%	78.36%	81.89%	85.51%	76.59%	77.81%
Short-Term Debt to Total Capital	0.31%	0.31%	0.31%	0.31%	0.38%	0.45%	78.36%	81.89%	85.51%	1.53%	1.73%
Long-Term Debt to Total Capital	55.92%	52.08%	53.14%	53.66%	53.80%	52.72%	0.00%	0.00%	0.00%	75.06%	76.09%
Preferred Equity to Total Capital	9.57%	9.52%	9.49%	9.83%	10.09%	12.55%	20.09%	21.07%	21.75%	19.50%	19.99%
Noncontrolling Interests to Total Capital	7.88%	6.04%	7.57%	7.91%	8.08%	7.98%	-7.04%	-8.43%	-9.14%	5.37%	5.42%
Common Equity to Total Capital	26.32%	32.05%	29.49%	28.29%	27.64%	26.31%	8.58%	5.47%	1.88%	-1.46%	-3.23%
Debt to EBITDA	8.08	7.51	7.18	7.31	6.16	4.73	54.42	28.63	23.27	13.91	12.40
Net Debt to EBITDA	7.78	5.51	6.91	7.02	5.91	4.57	50.14	27.50	22.51	13.41	11.99
Long-Term Debt to EBITDA	8.03	7.47	7.14	7.27	6.11	4.69	0.00	0.00	0.00	13.64	12.12
Debt to NOPAT	29.60	28.02	26.05	21.71	-20.38	16.64	3,907.70	-77.94	-50.24	241.39	463.06
Net Debt to NOPAT	28.52	20.53	25.07	20.85	-19.55	16.08	3,600.48	-74.84	-48.61	232.65	447.94
Long-Term Debt to NOPAT	29.43	27.85	25.90	21.58	-20.24	16.50	0.00	0.00	0.00	236.57	452.79
Altman Z-Score	1.00	1.22	1.21	1.19	1.24	1.24	-0.14	-0.39	-0.44	0.35	0.37
Noncontrolling Interest Sharing Ratio	38.77%	35.59%	36.79%	38.48%	39.77%	38.33%	42.71%	45.37%	47.95%	79.72%	87.87%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.71	5.13	4.08	4.18	4.22	4.07	0.42	0.41	0.39	2.42	2.67
Quick Ratio	1.17	2.42	1.25	1.28	1.34	1.31	0.14	0.11	0.11	1.04	0.98
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	26	169	-60	-113	-43	-603	920	909	1,062	-108	-132
Operating Cash Flow to CapEx	198.46%	128.21%	-170.40%	-314.91%	-187.50%	44.94%	-224.03%	-323.07%	104.72%	463.60%	468.26%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	321.68	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-12.44	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-16.29	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.50	0.51	0.55	0.56	0.57	0.56	0.51	0.53	0.53	0.59	0.58
Accounts Receivable Turnover	5.62	6.49	6.31	6.58	5.81	5.84	6.85	6.55	5.96	8.70	9.28
Inventory Turnover	1.45	1.61	1.51	1.45	1.37	1.42	1.53	1.51	1.42	2.17	2.13
Fixed Asset Turnover	9.56	10.46	10.64	11.17	11.36	10.08	8.37	9.47	9.47	8.24	8.46
Accounts Payable Turnover	10.28	13.01	14.52	12.78	12.19	12.26	11.61	10.31	10.10	10.61	12.08
Days Sales Outstanding (DSO)	64.97	56.27	57.82	55.46	62.78	62.48	53.30	55.72	61.26	41.96	39.35
Days Inventory Outstanding (DIO)	250.93	226.31	242.39	251.89	266.00	256.81	239.03	242.38	256.68	168.05	171.12
Days Payable Outstanding (DPO)	35.49	28.06	25.15	28.57	29.94	29.77	31.44	35.39	36.15	34.39	30.21
Cash Conversion Cycle (CCC)	280.41	254.52	275.06	278.78	298.84	289.52	260.89	262.71	281.79	175.63	180.27
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,111	2,623	3,145	3,122	3,206	3,269	2,227	2,194	2,136	2,377	2,359
Invested Capital Turnover	0.61	0.73	0.67	0.69	0.70	0.75	0.68	0.71	0.71	0.81	0.81
Increase / (Decrease) in Invested Capital	-14	-175	69	4.54	95	647	-918	-928	-1,070	140	131
Enterprise Value (EV)	3,548	3,245	3,972	3,853	3,955	4,126	3,407	2,542	2,593	2,780	2,998
Market Capitalization	1,273	1,524	1,773	1,633	1,655	1,726	1,384	472	498	361	591
Book Value per Share	$11.62	$14.24	$12.58	$11.98	$11.98	$11.61	$2.71	$1.65	$0.55	($0.48)	($1.03)
Tangible Book Value per Share	($17.75)	($9.97)	($16.23)	($15.78)	($15.34)	($15.25)	($21.96)	($22.73)	($23.52)	($24.24)	($23.23)
Total Capital	3,176	3,191	3,210	3,191	3,278	3,337	2,374	2,268	2,197	2,451	2,391
Total Debt	1,786	1,672	1,716	1,722	1,776	1,774	1,860	1,857	1,879	1,877	1,860
Total Long-Term Debt	1,776	1,662	1,706	1,712	1,764	1,759	0.00	0.00	0.00	1,840	1,819
Net Debt	1,721	1,225	1,651	1,654	1,704	1,715	1,714	1,783	1,818	1,809	1,800
Capital Expenditures (CapEx)	9.93	16	7.75	11	16	22	13	11	10	10	5.11
Debt-free, Cash-free Net Working Capital (DFCFNWC)	906	855	941	1,004	1,104	1,138	242	274	230	465	546
Debt-free Net Working Capital (DFNWC)	971	1,301	1,006	1,072	1,176	1,198	388	348	291	533	607
Net Working Capital (NWC)	961	1,291	996	1,062	1,163	1,183	-1,472	-1,509	-1,588	496	565
Net Nonoperating Expense (NNE)	16	-146	2.67	-94	21	20	52	59	79	111	29
Net Nonoperating Obligations (NNO)	1,721	1,103	1,651	1,654	1,704	1,706	1,714	1,783	1,818	1,804	1,828
Total Depreciation and Amortization (D&A)	37	28	41	40	38	34	37	35	35	36	37
Debt-free, Cash-free Net Working Capital to Revenue	47.73%	43.50%	44.82%	46.59%	49.80%	51.78%	13.20%	14.55%	12.09%	24.82%	29.56%
Debt-free Net Working Capital to Revenue	51.14%	66.23%	47.91%	49.76%	53.05%	54.49%	21.19%	18.46%	15.31%	28.45%	32.85%
Net Working Capital to Revenue	50.61%	65.72%	47.43%	49.29%	52.48%	53.81%	-80.40%	-80.16%	-83.63%	26.45%	30.61%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic 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 Shares Outstanding	71.82M	75.27M	75.38M	75.65M	75.65M	75.24M	75.24M	75.24M	75.24M	75.24M	75.24M
Adjusted Diluted Earnings per Share	($0.33)	$1.85	($0.85)	($0.45)	$0.08	$0.08	($0.59)	($0.88)	($1.21)	($0.91)	($0.62)
Adjusted Weighted Average Diluted Shares Outstanding	71.82M	72.11M	75.38M	75.65M	75.65M	75.45M	75.24M	75.24M	75.24M	75.24M	75.24M
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	71.88M	75.27M	75.27M	75.39M	75.65M	75.24M	75.24M	75.24M	75.24M	75.24M	75.24M
Normalized Net Operating Profit after Tax (NOPAT)	35	34	33	43	52	44	2.41	2.99	-7.75	32	13
Normalized NOPAT Margin	6.71%	7.11%	6.24%	7.91%	8.99%	8.01%	0.53%	0.63%	-1.64%	6.87%	3.05%
Pre Tax Income Margin	-1.95%	-7.39%	2.12%	1.44%	7.25%	5.50%	-10.41%	-13.25%	-17.13%	-22.62%	-5.57%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-9.37	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-6.74	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-13.22	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-10.59	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	86.61%	51.21%	85.21%	106.51%	114.28%	316.56%	-53.02%	-59.46%	-49.44%	-25.60%	-20.99%
Augmented Payout Ratio	93.26%	54.77%	88.61%	109.23%	115.48%	336.77%	-53.02%	-59.46%	-49.44%	-25.60%	-20.99%

Financials Breakdown Chart

Key Financial Trends

Compass Diversified Holdings (CODI) has shown a pattern of revenue growth over the 2022–2024 period, with a modest dip in late 2025. Profitability remains pressured by operating costs and interest-like items, while cash flow has been volatile but improved in the latest quarter. Below are the key takeaways distilled from the quarterly statements provided.

Strong top-line growth into 2024, followed by a modest 2025 dip. Revenue rose from about $318.8M in 2022 Q4 to $548.7M in 2024 Q4, then eased to about $468.6M in 2025 Q4.
Gross margin stayed solid, around 40–44%. 2023–2025 gross margins are generally in the low-40s, with 2025 Q4 gross margin about 43% (2025 Q4 gross profit of $202.1M on $468.6M revenue).
No long-term debt on the balance sheet in 2025. Long-term debt is reported as zero in 2025 across the quarterly balance sheets, reducing interest burden relative to prior years.
Operating cash flow improved in the latest quarter. 2025 Q4 net cash from continuing operating activities was about $47.0M, signaling a step toward cash generation capability after some earlier volatility.
Inventory and asset levels remain elevated. Inventories/net inventories appear high across multiple periods, contributing to a sizable asset base without a clear, simple near-term clearance in sight.
Selling, General & Admin (SG&A) expense as a % of revenue edged higher in 2025. SG&A was roughly 36% of revenue in 2025 Q4 versus about 34% in 2024 Q4, indicating some pressure on operating efficiency.
Equity position remains positive but fluctuating. Total equity and noncontrolling interests sit on the positive side, with changes driven by portfolio activity and noncontrolling interests across quarters.
Net income to common shareholders is persistently negative and worsened in 2025. 2025 Q4 net income attributable to common shareholders was about -$71.2M, larger than 2024 Q4's which was around -$11.9M.
Cash flow from operating activities has been volatile. 2025 Q1 and Q2 showed negative operating cash flow (e.g., Q1 2025 ~ -$29.3M; Q2 2025 ~ -$35.2M), though Q3 and Q4 recovered to positive.
High short-term debt raises near-term liquidity questions. Short-term debt around $1.8B in mid-2025 suggests liquidity management will be important going forward.

05/15/26 04:37 AM ETAI Generated. May Contain Errors.

Compass Diversified Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Compass Diversified's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Compass Diversified's net income appears to be on a downward trend, with a most recent value of -$293.73 million in 2025, falling from $165.77 million in 2015. The previous period was -$322.77 million in 2024. Check out Compass Diversified's forecast to explore projected trends and price targets.

Compass Diversified's total operating income in 2025 was $11.11 million, based on the following breakdown:

Total Gross Profit: $814.39 million
Total Operating Expenses: $803.28 million

Over the last 10 years, Compass Diversified's total revenue changed from $727.98 million in 2015 to $1.87 billion in 2025, a change of 157.4%.

Compass Diversified's total liabilities were at $2.47 billion at the end of 2025, a 10.9% decrease from 2024, and a 350.1% increase since 2015.

In the past 10 years, Compass Diversified's cash and equivalents has ranged from $39.77 million in 2016 to $446.62 million in 2023, and is currently $68.02 million as of their latest financial filing in 2025.

Over the last 10 years, Compass Diversified's book value per share changed from 15.23 in 2015 to -0.48 in 2025, a change of -103.1%.

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Financial statements for NYSE:CODI last updated on 5/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Compass Diversified (CODI) Financials

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Compass Diversified (CODI) Financials

Annual Income Statements for Compass Diversified

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Quarterly Balance Sheets for Compass Diversified

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Compass Diversified Financials - Frequently Asked Questions

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