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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 | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.06B | 2.20B | 1.97B | 2.01B | 1.72B | 1.45B |
| Gross Profit | 950.17M | 1.00B | 833.00M | 783.05M | 661.58M | 539.67M |
| EBITDA | 173.47M | 347.71M | 311.38M | 280.22M | 240.10M | 185.06M |
| Net Income | -47.23M | 12.81M | 246.29M | 36.39M | 114.55M | 22.78M |
Balance Sheet | ||||||
| Total Assets | 3.27B | 4.05B | 3.82B | 3.85B | 3.14B | 2.60B |
| Cash, Cash Equivalents and Short-Term Investments | 73.76M | 59.73M | 450.48M | 56.60M | 160.73M | 60.02M |
| Total Debt | 1.86B | 1.77B | 1.87B | 2.00B | 1.42B | 988.87M |
| Total Liabilities | 2.86B | 2.49B | 2.30B | 2.49B | 1.86B | 1.38B |
| Stockholders Equity | 601.88M | 1.30B | 1.33B | 1.14B | 1.11B | 1.10B |
Cash Flow | ||||||
| Free Cash Flow | -81.02M | -124.34M | 22.30M | -92.56M | 94.17M | 117.86M |
| Operating Cash Flow | -19.25M | -67.64M | 78.08M | -28.29M | 134.05M | 148.63M |
| Investing Cash Flow | -108.56M | -422.45M | 570.50M | -626.73M | -317.50M | -700.83M |
| Financing Cash Flow | 97.25M | 100.61M | -260.16M | 556.88M | 273.21M | 521.73M |
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 |
|---|---|---|---|---|---|---|---|
77 Outperform | $803.54M | 4.25 | 20.18% | 10.18% | -11.13% | ― | |
77 Outperform | $1.29B | 3.03 | 32.84% | 8.97% | 2.00% | ― | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | $828.20M | ― | -5.33% | 3.87% | -16.60% | 58.86% | |
53 Neutral | $356.62M | -1.22 | ― | 20.53% | -15.85% | -59.42% | |
50 Neutral | $64.75M | -1.07 | -24.06% | ― | -9.85% | -11.65% | |
48 Neutral | $582.64M | -2.10 | -13.99% | 1.90% | 32.39% | -19.35% |
Compass Diversified Holdings Corporate Events
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.
Compass Diversified Holdings, a company involved in various industries through its subsidiaries, faced significant financial and operational challenges due to irregularities at its subsidiary, Lugano Holding, Inc. These issues led to a series of forbearance agreements with lenders to delay exercising rights related to defaults under a credit agreement, allowing the company time to address financial restatements and operational concerns. The situation culminated in Lugano filing for Chapter 11 bankruptcy on November 17, 2025, highlighting the potential adverse effects on Compass Diversified Holdings’ business and financial condition.
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 November 18, 2025, Compass Diversified Holdings (CODI) secured an extension from the New York Stock Exchange to continue listing and trading its securities until January 20, 2026. This extension allows CODI additional time to file restated financial reports for fiscal years 2022 through 2024 and quarterly reports for 2025 with the SEC. The extension is subject to ongoing reassessment by the NYSE. The announcement highlights the company’s ongoing challenges related to financial reporting and internal control issues, which are under investigation by the Audit Committee. The outcome of these investigations could significantly impact CODI’s financial statements and its compliance with NYSE listing requirements.
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 November 17, 2025, Lugano Holding, Inc., a subsidiary of Compass Diversified Holdings LLC, filed for Chapter 11 bankruptcy protection in Delaware. Compass Diversified, as Lugano’s senior secured lender, will provide debtor-in-possession financing to support the bankruptcy process, which aims to maximize value for Lugano’s stakeholders. This development will result in Lugano no longer being consolidated with Compass Diversified’s financial results starting in the fourth quarter of 2025, while the company continues to work on financial restatements and maintain strong performance across its other subsidiaries.
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.
Compass Diversified Holdings, a company involved in diverse business operations, has faced significant financial and operational challenges due to irregularities at its subsidiary, Lugano Holding, Inc. These issues have led to delays in financial reporting and potential defaults under its credit agreements. To address these challenges, Compass Diversified Holdings has entered into multiple forbearance agreements with its lenders, most recently the Fourth Forbearance Agreement on November 7, 2025, which provides temporary relief from exercising rights related to defaults. This agreement allows the company to continue discussions for waivers and relief while working on restating its financial statements. However, failure to resolve these issues could have a material adverse effect on the company’s business and financial condition.
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 October 30, 2025, Compass Diversified Holdings LLC announced that its senior secured lender group extended the deadline to November 10, 2025, for the company to publish its restated financial results for the fiscal years ended December 31, 2022, 2023, and 2024. This extension is part of an ongoing investigation into financial irregularities at its Lugano Holding Inc. subsidiary, which has not affected its other subsidiaries. The company is actively working to complete the restatement process and resolve the sophisticated financial fraud perpetrated by Lugano’s founder and former CEO, with a focus on maximizing stakeholder value and maintaining strong performance across its businesses.
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.
Compass Diversified Holdings announced a series of forbearance agreements due to financial irregularities discovered in its subsidiary, Lugano Holding, Inc., impacting its financial statements for 2024. The company has entered into a Third Forbearance Agreement with its lenders to delay exercising rights related to these defaults until November 24, 2025, while it works on restating its financials and negotiating waivers, which, if unsuccessful, could adversely affect its business and financial condition.
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.