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Compass Diversified Holdings
(NYSE:CODI)
Compass Diversified Holdings (CODI) vs. SPDR S&P 500 ETF (SPY)
Compass Diversified Holdings Business Overview & Revenue Model
Compass Diversified Holdings Earnings Call Summary
Compass Diversified Holdings Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.87B | 1.79B | 1.69B | 1.76B | 1.72B |
| Gross Profit | 721.24M | 750.42M | 674.72M | 649.43M | 661.58M |
| EBITDA | 16.16M | -69.49M | -73.03M | 81.59M | 193.13M |
| Net Income | -229.32M | -208.86M | 108.65M | -59.22M | 114.55M |
Balance Sheet | |||||
| Total Assets | 3.04B | 3.30B | 3.33B | 3.49B | 3.14B |
| Cash, Cash Equivalents and Short-Term Investments | 68.02M | 59.66M | 446.62M | 52.67M | 160.73M |
| Total Debt | 1.88B | 3.53B | 3.33B | 1.83B | 1.28B |
| Total Liabilities | 2.47B | 2.77B | 2.47B | 2.56B | 1.86B |
| Stockholders Equity | 442.02M | 678.62M | 929.66M | 877.58M | 1.11B |
Cash Flow | |||||
| Free Cash Flow | -51.15M | -124.34M | 22.30M | -106.83M | 94.17M |
| Operating Cash Flow | -6.83M | -67.64M | 78.08M | -46.65M | 134.05M |
| Investing Cash Flow | -48.03M | -422.45M | 570.50M | -626.72M | -317.50M |
| Financing Cash Flow | 60.50M | 100.61M | -260.16M | 575.24M | 273.21M |
Compass Diversified Holdings Technical Analysis
Compass Diversified Holdings Risk Analysis
Compass Diversified Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | $1.14B | 6.33 | 32.84% | 8.97% | 2.00% | ― | |
68 Neutral | $719.03M | 8.56 | 20.18% | 10.18% | -11.13% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
52 Neutral | $625.66M | -1.54 | -13.99% | 1.90% | 32.39% | -19.35% | |
50 Neutral | $476.24M | -1.57 | -40.47% | 20.53% | -15.85% | -59.42% | |
50 Neutral | $798.38M | 4.71 | 4.73% | 3.87% | -16.60% | 58.86% | |
47 Neutral | $68.26M | -1.26 | -21.63% | ― | -9.85% | -11.65% |
Compass Diversified Holdings Corporate Events
Compass Diversified Holdings, an owner of middle-market branded businesses, reported board changes that took effect around the turn of March 2026, as it continues to use its permanent capital model to support subsidiary growth and long-term value creation. The company structures control investments and capital support to maximize operating flexibility and cash flow across its portfolio.
On February 27, 2026, director Alexander S. Bhathal notified Compass Diversified of his decision to resign from the board, effective February 28, 2026, citing other commitments and no disagreements with the company or its board. The move prompted governance changes finalized in early March.
Effective March 1, 2026, the board expanded from seven to eight members and elected Eugene Kim and Glenn Richter to fill the vacancy from Bhathal’s departure and the newly created seat, with both serving until the 2026 annual shareholders’ meeting. Their appointments were disclosed in a March 3, 2026 press release.
Kim, managing partner and co-founder of independent advisory firm Compass LKL, brings more than 25 years of private equity and investment banking experience in the U.S. and Europe and will sit on the audit and compensation committees. His background includes senior roles at Compass Partners International, Goldman Sachs International and UBS/Warburg Dillon Read.
Richter, formerly chief financial and business transformation officer at International Flavors & Fragrances, joins the audit and nominating and corporate governance committees with extensive experience in finance and large-scale transformations. He previously held top finance and operating posts at TIAA, RR Donnelley, Sears and PepsiCo’s Frito-Lay, and currently serves on the boards of Samsonite International and TruStage.
Company leaders, including board chair Larry Enterline and CEO Elias Sabo, said the new directors’ private-market, capital markets and transformation expertise would support CODI’s strategy and long-term value focus while thanking Bhathal for his service. Both new directors will receive compensation in line with existing non-management director arrangements, signaling continuity in CODI’s governance and pay practices.
The most recent analyst rating on (CODI) stock is a Hold with a $7.50 price target. To see the full list of analyst forecasts on Compass Diversified Holdings stock, see the CODI Stock Forecast page.
On February 23, 2026, Compass Group Diversified Holdings LLC and its external manager, Compass Group Management LLC, entered into an Eighth Amended and Restated Management Services Agreement, revising key terms of their management arrangement. The amendment requires the manager to repay overpaid management fees on scheduled payment dates unless the company agrees otherwise and permits the company, at its discretion, to resume paying certain fees even while overpayments remain outstanding, provided such amounts accrue agreed interest.
The revised agreement also introduces a dollar‑for‑dollar reduction in management fees when the company outsources specified services to third‑party providers, clarifying that those outsourced functions are excluded from the manager’s scope of work. It further tightens governance by requiring seconded personnel to work substantially full‑time for the company, empowering the board to block specific service providers, restricting the manager’s personnel from binding the company without authorization, and obligating the manager to indemnify the company on substantially the same basis as the company indemnifies the manager, collectively strengthening oversight and aligning incentives for stakeholders.
The most recent analyst rating on (CODI) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Compass Diversified Holdings stock, see the CODI Stock Forecast page.
The Board of Directors of Compass Diversified Holdings has scheduled the company’s 2026 Annual Meeting of Shareholders for May 21, 2026, after it was unable to hold an annual meeting in 2025. The company set specific deadlines in early 2026 for shareholders to submit director nominations, proposals for inclusion in proxy materials, and notices related to proxy solicitations, clarifying the procedural framework governing shareholder participation and potentially shaping board composition and corporate governance in the upcoming meeting cycle.
The most recent analyst rating on (CODI) stock is a Sell with a $5.00 price target. To see the full list of analyst forecasts on Compass Diversified Holdings stock, see the CODI Stock Forecast page.
On January 2, 2026, Compass Diversified Holdings was notified by the New York Stock Exchange that it was out of compliance with NYSE corporate governance listing standards because it failed to hold an annual shareholder meeting during its 2025 fiscal year. The company attributed the missed meeting to delays caused by restating its financial statements for the fiscal years ended December 31, 2024, 2023 and 2022, and the corresponding late filing of its amended 2024 annual report, which was ultimately submitted to the SEC on December 8, 2025. Until it regains compliance by holding an annual meeting, Compass Diversified will appear on the NYSE’s list of non-compliant issuers and have a “.BC” below-compliance indicator attached to its ticker symbols, signaling heightened governance and reporting risk for investors.
The most recent analyst rating on (CODI) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Compass Diversified Holdings stock, see the CODI Stock Forecast page.
On January 5, 2026, Compass Diversified announced that its board declared fourth-quarter 2025 cash distributions on all three of its preferred share series, reflecting the company’s continued practice of returning capital to preferred shareholders. Holders of the 7.250% Series A Preferred Shares will receive a quarterly distribution of $0.453125 per share, while holders of the 7.875% Series B and Series C Preferred Shares will each receive $0.4921875 per share, with all distributions covering the period from October 30, 2025, up to but excluding January 30, 2026, and payable on January 30, 2026 to shareholders of record as of January 15, 2026; for many investors these payments are expected to qualify as “qualified dividends” for U.S. federal income tax purposes to the extent they are paid from earnings and profits, with any excess treated as a return of capital and then capital gain, underscoring the importance of CODI’s tax profile for income-focused stakeholders.
The most recent analyst rating on (CODI) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Compass Diversified Holdings stock, see the CODI Stock Forecast page.
Compass Diversified Holdings announced that director James J. Bottiglieri, who had previously notified the company on February 14, 2025 of his intention to retire and not stand for re-election at the 2025 annual shareholders’ meeting originally set for May 29, 2025, formally resigned from the board effective December 31, 2025 after the meeting could not be held as planned. The company emphasized that both Bottiglieri’s earlier decision to retire and his year-end resignation were not due to any disagreement with the company or its board regarding Compass Diversified’s operations, policies, or practices, suggesting a routine governance transition rather than a sign of internal conflict.
The most recent analyst rating on (CODI) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Compass Diversified Holdings stock, see the CODI Stock Forecast page.
On December 19, 2025, Compass Diversified Holdings LLC entered into a fifth amendment to its credit agreement and related transaction letter with Bank of America and a majority of its lenders, restoring full access to its $100 million revolving credit facility and securing waivers of prior events of default tied to financial covenants and issues at subsidiary Lugano Holding, Inc., which filed for Chapter 11 protection in November 2025. The amended terms reset interest rate margins based on leverage, require aggressive application of disposition and deleveraging proceeds to debt repayment, impose tighter reporting and budgeting obligations—including detailed 13‑week cash flow forecasts and controls over the Lugano debtor-in-possession budget—and cap management fees and certain restricted payments unless leverage targets are met, while also revising financial covenants after March 31, 2025 and establishing potential milestone fees if leverage remains elevated through early 2027, collectively bolstering liquidity but placing the company under stricter lender oversight as it seeks to reduce leverage and stabilize its capital structure.
The most recent analyst rating on (CODI) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Compass Diversified Holdings stock, see the CODI Stock Forecast page.
On December 9, 2025, Compass Diversified Holdings announced that its lenders agreed to waive the requirement to deliver restated financial statements by December 5, 2025, as per the Fifth Forbearance Agreement. This decision, following the company’s filing of an amendment to its annual report, ensures that the Fifth Forbearance Agreement remains in effect until December 19, 2025, providing stability and compliance with the Credit Agreement terms.
The most recent analyst rating on (CODI) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Compass Diversified Holdings stock, see the CODI Stock Forecast page.