Latest Ratios: P/E Ratio -3.3x · EV/EBITDA 14.2x · ROE -41.5%. (2005–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $756M | $361M | $1.7B | $1.6B | $1.3B | $2.0B | $1.2B | $1.5B | $746M | $1.0B | $977M |
| Enterprise Value | $2.6B | $2.2B | $5.2B | $4.5B | $3.1B | $3.1B | $2.1B | $1.8B | $1.8B | $1.6B | $1.5B |
| P/E Ratio → | -3.30 | — | 100.35 | 9.13 | — | — | — | — | — | — | 35.10 |
| P/S Ratio | 0.40 | 0.19 | 0.97 | 0.96 | 0.73 | 1.16 | 0.85 | 1.18 | 0.55 | 1.01 | 1.00 |
| P/B Ratio | 1.32 | 0.63 | 3.28 | 1.89 | 1.39 | 1.56 | 1.01 | 1.28 | 0.81 | 1.10 | 1.09 |
| P/FCF | — | — | — | 72.58 | — | 21.22 | 10.42 | 29.98 | 10.15 | 27.44 | 11.18 |
| P/OCF | — | — | — | 20.73 | — | 14.91 | 8.26 | 17.61 | 6.52 | 12.42 | 8.77 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.16 | 2.92 | 2.67 | 1.75 | 1.81 | 1.43 | 1.41 | 1.33 | 1.56 | 1.53 |
| EV / EBITDA | 14.17 | 11.99 | 51.21 | 318.10 | 19.61 | 13.45 | 11.94 | 16.31 | 12.22 | 14.69 | 14.28 |
| EV / EBIT | 60.19 | — | — | — | — | 37.18 | 28.71 | — | 37.90 | 102.01 | 17.82 |
| EV / FCF | — | — | — | 202.02 | — | 33.16 | 17.54 | 35.91 | 24.52 | 42.30 | 17.10 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 38.5% | 38.5% | 42.0% | 39.9% | 37.0% | 38.4% | 36.9% | 36.2% | 34.6% | 36.0% | 33.4% |
| Operating Margin | 2.3% | 2.3% | -0.8% | -4.1% | 2.5% | 7.1% | 5.4% | 2.1% | 4.2% | 2.4% | 1.9% |
| Net Profit Margin | -12.2% | -12.2% | -11.7% | 6.4% | -3.4% | 6.6% | 1.6% | 23.9% | -0.4% | 2.8% | 5.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -41.5% | -41.5% | -30.1% | 12.2% | -5.4% | 9.1% | 1.9% | 29.0% | -0.6% | 3.1% | 6.2% |
| ROA | -7.2% | -7.2% | -6.3% | 3.2% | -1.8% | 4.0% | 1.0% | 14.2% | -0.3% | 1.6% | 3.4% |
| ROIC | 1.0% | 1.0% | -0.3% | -1.6% | 1.3% | 4.1% | 3.3% | 1.1% | 2.5% | 1.3% | 1.1% |
| ROCE | 2.4% | 2.4% | -1.5% | -3.3% | 1.5% | 4.8% | 3.9% | 1.4% | 3.0% | 1.5% | 1.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 3.27 | 3.27 | 6.66 | 3.89 | 1.97 | 1.00 | 0.74 | 0.34 | 1.20 | 0.64 | 0.62 |
| Debt / EBITDA | 10.37 | 10.37 | 34.70 | 235.35 | 11.72 | 5.53 | 5.19 | 3.61 | 7.49 | 5.54 | 5.32 |
| Net Debt / Equity | — | 3.15 | 6.55 | 3.37 | 1.92 | 0.88 | 0.69 | 0.25 | 1.15 | 0.59 | 0.58 |
| Net Debt / EBITDA | 9.99 | 9.99 | 34.11 | 203.82 | 11.38 | 4.84 | 4.85 | 2.69 | 7.16 | 5.16 | 4.94 |
| Debt / FCF | — | — | — | 129.45 | — | 11.94 | 7.12 | 5.92 | 14.36 | 14.87 | 5.92 |
| Interest Coverage | -0.70 | -0.70 | -1.44 | -1.35 | -0.35 | 1.36 | 1.49 | -0.09 | 0.77 | 0.48 | 3.24 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.42 | 2.42 | 0.40 | 0.59 | 2.22 | 2.93 | 2.40 | 3.08 | 2.63 | 2.48 | 2.24 |
| Quick Ratio | 1.26 | 1.26 | 0.16 | 0.35 | 0.99 | 1.37 | 1.21 | 1.56 | 1.44 | 1.32 | 1.18 |
| Cash Ratio | 0.19 | 0.19 | 0.02 | 0.21 | 0.12 | 0.44 | 0.20 | 0.48 | 0.19 | 0.19 | 0.20 |
| Asset Turnover | — | 0.62 | 0.54 | 0.51 | 0.50 | 0.55 | 0.56 | 0.67 | 0.57 | 0.55 | 0.55 |
| Inventory Turnover | 2.85 | 2.85 | 1.82 | 1.94 | 1.97 | 1.88 | 2.61 | 2.54 | 2.89 | 2.60 | 3.06 |
| Days Sales Outstanding | — | 39.53 | 42.29 | 40.01 | 42.32 | 58.81 | 52.12 | 55.30 | 55.27 | 78.30 | 67.60 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 5.0% | 10.4% | 7.1% | 4.4% | 5.5% | 7.6% | 7.3% | 5.8% | 11.6% | 8.5% | 8.0% |
| Payout Ratio | — | — | — | 66.2% | — | 131.8% | 394.5% | 28.6% | — | 308.2% | 143.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 1.0% | 11.0% | — | — | — | — | — | — | 2.8% |
| FCF Yield | — | — | — | 1.4% | — | 4.7% | 9.6% | 3.3% | 9.8% | 3.6% | 8.9% |
| Buyback Yield | 0.0% | 0.0% | 0.5% | 0.6% | 0.0% | 0.0% | 0.0% | 0.1% | 0.8% | 0.0% | 0.0% |
| Total Shareholder Yield | 5.0% | 10.4% | 7.7% | 5.0% | 5.5% | 7.6% | 7.3% | 5.9% | 12.4% | 8.5% | 8.0% |
| Shares Outstanding | — | $75M | $75M | $72M | $71M | $65M | $63M | $60M | $60M | $60M | $55M |
High Debt Service Burden
According to recent market data, CODI trades at a forward P/E of 36.85 and an EV/EBITDA of 14.32, suggesting that investors are applying a significant conglomerate discount that may fail to account for the underlying growth potential of its specialized consumer brand portfolio.
The elevated forward P/E multiple relative to historical norms indicates that the market is pricing in a recovery that has yet to materialize in GAAP earnings. Investors should monitor whether the current valuation reflects a realistic assessment of the company's ability to execute acquisition multiple arbitrage in a higher-rate environment.
Based on reported figures, CODI's ROIC has struggled to maintain positive momentum, fluctuating near 0.6% in 2026Q1, which suggests that the company is failing to generate returns on invested capital that exceed its cost of debt in the current macroeconomic cycle.
The persistent decay in ROIC highlights the difficulty of compounding value when the cost of capital is elevated and operational margins remain thin. This trend warrants further investigation into whether the company's acquisition strategy is truly value-accretive or merely expanding the asset base without improving shareholder returns.
As reported in financial statements, CODI's cash conversion cycle reached 167 days in 2026Q1, a figure that reflects significant inefficiencies in inventory management and suggests that the company's capital is being tied up in slow-moving goods across its diverse industrial and consumer subsidiaries.
The high days inventory outstanding, which peaked at 311 days in 2024Q2, indicates a structural challenge in aligning production with demand. This inefficiency places additional pressure on liquidity, as the company must finance these extended cycles through debt rather than internal cash generation.
Based on the provided financial data, CODI's debt-to-equity ratio has climbed to 3.52 as of 2026Q1, signaling a highly leveraged capital structure that leaves the company with limited room to maneuver during periods of economic volatility or rising interest rate environments.
The interest coverage ratio of 0.14 in 2026Q1 is particularly concerning, as it suggests that the company's operating income is insufficient to comfortably service its debt obligations. This level of leverage appears to be a primary driver of the company's negative net margins and restricts its ability to pursue new growth opportunities.
Investors frequently misapply GAAP net income as a proxy for CODI's performance, which obscures the company's true earning power by failing to account for the significant non-cash amortization charges inherent in its acquisition-heavy business model and permanent capital structure.
Relying on net income ignores the cash-generating capacity of the underlying subsidiaries, which is better captured by Cash Available for Distribution (CAD). Analysts should prioritize cash flow metrics over accounting earnings to avoid drawing erroneous conclusions about the company's ability to sustain its dividend and debt service.
Includes 30+ ratios · 21 years · Updated daily
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Quick answers to the most common questions about buying CODI stock.
Compass Diversified's current P/E ratio is -3.3x. The historical average is 21.8x.
Compass Diversified's current EV/EBITDA is 14.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.3x.
Compass Diversified's return on equity (ROE) is -41.5%. The historical average is 3.1%.
Based on historical data, Compass Diversified is trading at a P/E of -3.3x. Compare with industry peers and growth rates for a complete picture.
Compass Diversified's current dividend yield is 4.98%.
Compass Diversified has 38.5% gross margin and 2.3% operating margin.
Compass Diversified's Debt/EBITDA ratio is 10.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.