Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
2.20B | 2.06B | 2.26B | 1.84B | 1.56B | Gross Profit |
1.00B | 893.32M | 907.74M | 725.96M | 562.78M | EBIT |
230.13M | 90.07M | 175.57M | 139.50M | 94.83M | EBITDA |
341.85M | 236.13M | 253.82M | 249.70M | 145.72M | Net Income Common Stockholders |
12.81M | 246.29M | 36.39M | 24.86M | 22.78M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
59.73M | 450.48M | 61.27M | 157.13M | 70.74M | Total Assets |
4.05B | 3.82B | 3.85B | 3.14B | 2.60B | Total Debt |
1.77B | 1.67B | 1.83B | 1.28B | 899.46M | Net Debt |
1.71B | 1.22B | 1.77B | 1.13B | 828.72M | Total Liabilities |
2.49B | 2.30B | 2.49B | 1.86B | 1.38B | Stockholders Equity |
1.30B | 1.33B | 1.14B | 1.11B | 1.10B |
Cash Flow | Free Cash Flow | |||
-124.34M | 22.30M | -92.56M | 94.17M | 117.86M | Operating Cash Flow |
-67.64M | 78.08M | -28.29M | 134.05M | 148.63M | Investing Cash Flow |
-422.45M | 570.50M | -626.73M | -317.50M | -700.83M | Financing Cash Flow |
100.61M | -260.16M | 556.88M | 273.21M | 521.73M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
77 Outperform | $4.98B | 9.35 | 19.26% | 5.28% | 51.80% | 12.05% | |
76 Outperform | $14.50B | 8.79 | 12.40% | 8.96% | 19.95% | -10.57% | |
73 Outperform | $3.89B | 10.51 | 9.40% | 11.48% | 16.10% | -24.30% | |
67 Neutral | $1.10B | 15.71 | 8.57% | 10.60% | 4.85% | -37.38% | |
64 Neutral | $1.46B | ― | -4.98% | 5.14% | 6.77% | 9.95% | |
61 Neutral | $8.21B | 13.22 | 1.07% | 3.07% | 3.78% | -16.88% | |
53 Neutral | $455.77M | 27.71 | 3.28% | 13.15% | ― | -66.59% |
Compass Diversified Holdings reported strong financial results for the fourth quarter and full year of 2024, driven by double-digit sales growth and a significant increase in adjusted EBITDA. The company saw accelerated growth in both its consumer and industrial businesses, with notable sales increases attributed to acquisitions and strong performance from subsidiaries like Lugano and BOA. CODI’s strategic actions included the sale of Ergobaby, issuance of preferred shares, and repurchasing of common shares, which have bolstered its financial position. The company also declared cash distributions for its common and preferred shares, reflecting its robust earnings and profit expectations. Looking ahead to 2025, CODI anticipates continued growth in adjusted EBITDA and earnings, supported by its current subsidiaries.
On February 19, 2025, Compass Diversified Holdings announced the upcoming retirement of James J. Bottiglieri, a long-serving director since 2005, following the 2025 annual shareholders meeting. Bottiglieri’s retirement, which was not due to any disagreement, marks the culmination of a strategic effort to refine the board’s leadership as the company continues to seek growth opportunities. CEO Elias Sabo and Board Chair Larry Enterline praised Bottiglieri’s contributions, highlighting his integral role in CODI’s financial transparency and leadership development.
On January 16, 2025, Compass Diversified Holdings held an Investor Day in New York City, featuring presentations by its management and subsidiary CEOs. The company reported strong subsidiary performance in Q4 2024, with expectations to meet or surpass high-end guidance levels, and announced strategic financial maneuvers including the sale of Ergobaby and raising $300 million through a term loan.
Compass Diversified Holdings has amended its Credit Agreement to include a $200 million Incremental Term Loan and $100 million in delayed draw term loan commitments. These funds will be used for acquisitions, working capital, and other corporate purposes, positioning CODI for strategic growth and operational flexibility.
Compass Diversified Holdings announced a change in its Board of Directors with Gordon M. Burns stepping down as Chair of the Nominating and Corporate Governance Committee, effective January 3, 2025, due to other commitments. He will continue serving on the Board until the 2025 Annual Meeting. Nancy B. Mahon, a current director and Chief Sustainability Officer at The Estée Lauder Companies, has been appointed as the new Chair. This transition is part of CODI’s ongoing efforts to strengthen and diversify its Board, with an emphasis on strong governance and oversight. The change reflects the company’s strategic focus on adapting to future challenges while maintaining a robust governance framework.