Compass Diversified Holdings (CODI)

Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage, and middle market investments. It seeks to invest in leading industrial or branded consumer companies, textiles, Apparel and Luxury goods, trading companies and distributors, manufacturing, distribution, consumer discretionary, commercial services and supplies, consumer products, capital good, Leisure Product, consumer service, consumer staples, household durables, business services sector, infrastructure healthcare, safety & security, electronic components, food, and foodservice. The firm prefers to invest in companies based in North America. It seeks to invest between $80 million to$800 million and EBITDA starting from $10 million per annum. It seeks to acquire controlling ownership interests in its portfolio companies and can make additional platform acquisitions. The firm prefer to have controlled and majority stake in companies. The firm invests through its balance sheet and typically holds investments between five to seven years. Compass Diversified was incorporated in 1998 and is based in Westport, Connecticut with an additional office in Costa Mesa, California.

Symbol
CODI
Exchange
NYSE
Sector
Industrials
Industry
Conglomerates
Market cap
$853.93M
52 week range
4.58 - 13.25

Valuation

Share price
$11.35 (close of 2026-09-23)
P/E (TTM)
-9.00x
Price to book
1.41x
Price to free cash flow
10.73x
Enterprise value
$2.35B
Book value per share
$8.07

Price performance

PeriodChange
1 day+1.25%
5 days+2.25%
1 month-2.83%
3 months+10.73%
6 months+86.07%
Year to date+136.46%
1 year+58.96%
3 years-39.27%
5 years-60.49%
10 years-34.13%
All time-23.83%

Profitability and growth

Return on equity
-39.47%
Return on invested capital
0.47%
Return on assets
-7.45%
Return on capital employed
0.41%
Gross margin
43.47%
Net margin
-12.08%
EBITDA margin
8.20%
Revenue growth
4.79%
Net income growth
-8.40%
Free cash flow growth
75.39%

Cash flow and balance sheet

Free cash flow yield (TTM)
9.32%
Current ratio
2.26x
Net debt to EBITDA
7.12x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$1.87B
Cost of revenue
$1.06B
Gross profit
$814.39M
EBITDA
$153.63M
Net income
$-226.41M
Earnings per share
$-3.01
Research and development
$16.60M
Interest expense
$175.27M
Shares outstanding
75.24M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$1.87B$814.39M$-226.41M$-3.01
2024-12-31$1.79B$750.42M$-208.86M$-3.83
2023-12-31$1.69B$674.72M$108.65M$0.70
2022-12-31$1.76B$649.43M$-59.22M$-1.37
2021-12-31$1.72B$661.58M$114.55M$1.75
2020-12-31$1.45B$533.80M$22.78M$0.36
2019-12-31$1.26B$456.93M$301.87M$5.04
2018-12-31$1.36B$469.84M$-5.70M$-0.10
2017-12-31$1.00B$361.39M$27.99M$0.47
2016-12-31$978.31M$326.57M$54.69M$1.00

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3143.47%-12.08%-39.47%0.47%
2024-12-3141.97%-11.68%-39.37%-0.66%
2023-12-3139.93%6.43%12.69%-3.33%
2022-12-3136.97%-3.37%-6.38%0.82%
2021-12-3138.39%6.65%11.33%4.76%
2020-12-3136.87%1.57%1.87%2.97%
2019-12-3136.17%23.89%25.89%1.03%
2018-12-3134.62%-0.42%-0.62%2.23%
2017-12-3136.04%2.79%3.02%1.66%
2016-12-3133.38%5.59%6.11%0.68%

Cash and debt by year

Period endCashDebt
2025-12-31$68.02M$1.84B
2024-12-31$59.66M-
2023-12-31$446.62M-
2022-12-31$52.67M$1.82B
2021-12-31$160.73M$1.28B
2020-12-31$60.02M$899.46M
2019-12-31$100.31M$394.44M
2018-12-31$48.77M$1.10B
2017-12-31$39.88M$584.35M
2016-12-31$39.77M$551.65M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$-51.15M$16.10M
2024-12-31$-207.79M$16.30M
2023-12-31$-38.38M$9.50M
2022-12-31$-106.83M$10.50M
2021-12-31$100.94M$9.80M
2020-12-31$119.22M$9.00M
2019-12-31$57.64M$5.80M
2018-12-31$73.45M$6.70M
2017-12-31$43.34M$4.50M
2016-12-31$87.40M$4.40M

Dividend history

Most recent payment
2025-04-17
Payment dateDividend per share
2025-04-17$0.25
2025-01-16$0.25
2024-10-17$0.25
2024-07-18$0.25
2024-04-17$0.25
2024-01-17$0.25
2023-10-18$0.25
2023-07-19$0.25

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-10Jun/2026$0.07
2026-05-06--
2026-02-26--
2026-01-14--
2025-12-29--
2025-07-29--
2025-04-29--
2025-02-27--

Filings and sources

Company website
compassdiversified.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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