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C

Cadre Holdings CDRE · USD

Industrials · US listing · 🇺🇸 United States

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34.18

+4.85%

Close of 9 Nov 2026, in USD

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At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$610.3m

FY2019FY2025

Net income

$44.1m

FY2019FY2025

Free cash flow

$56.8m

FY2019FY2025

Shareholders' equity

$317.8m

FY2019FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue$610.3m$567.6m$482.5m$457.8m$427.3m$404.6m$420.7m
Gross profit$251.7m$233.5m$200.7m$175.7m$170.7m$152.9m$146.0m
Research and development$11.4m—$7.0m$8.7m$12.4m$9.3m$9.2m
Operating income$75.0m$66.8m$56.5m$15.6m$51.7m$49.8m$27.4m
Net income$44.1m$36.1m$38.6m$5.8m$12.7m$38.5m−$1.9m
Diluted earnings per share1.020.881.010.150.401.15-0.06

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Total assets$770.0m$652.7m$431.2m$392.0m$311.8m$283.3m$307.3m
Cash and short-term investments$122.9m$124.9m$87.7m$45.3m$33.9m$2.9m$2.5m
Total liabilities$452.2m$341.2m$234.0m$226.1m$223.2m$274.4m$337.4m
Debt$312.8m$223.2m$140.1m$149.7m$159.7m$212.9m$274.8m
Shareholders' equity$317.8m$311.5m$197.2m$165.9m$88.6m$8.9m−$30.0m
Shares outstanding43m41m38m38m32m33m33m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Cash from operations$63.7m$31.8m$73.2m$46.4m$40.1m$45.4m$7.4m
Capital spending−$6.9m−$5.7m−$6.7m−$4.5m−$2.8m−$4.7m−$3.1m
Free cash flow$56.8m$26.1m$66.5m$41.9m$37.3m$40.7m$4.3m
Dividends paid−$15.4m−$13.9m−$12.0m−$11.5m−$12.8m−$12.8m−$12.8m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$207.1m$155.4m$167.2m$155.9m$157.1m$130.1m$176.0m$109.4m
Gross profit$87.1m$58.7m$68.3m$65.3m$63.0m$55.1m$77.2m$40.0m
Operating income$22.5m$9.3m$21.9m$20.9m$18.0m$14.3m$29.4m$5.4m
Net income$11.4m$2.0m$11.7m$10.9m$12.2m$9.2m$13.0m$3.7m
Diluted earnings per share0.260.050.270.250.280.210.320.09
Cash from operations$22.0m$22.0m$21.0m$22.0m$2.0m$17.0m$23.0m−$5.0m
Capital spending−$3.0m−$2.0m−$3.0m—−$1.0m−$1.0m−$1.0m−$1.0m
Free cash flow$19.0m$20.0m$18.0m—$1.0m$16.0m$22.0m−$6.0m
Total assets$917.3m$879.7m$770.0m$792.1m$794.4m$656.3m$652.7m$616.6m
Cash and short-term investments$54.0m$41.3m$122.9m$150.9m$137.5m$133.4m$124.9m$93.0m
Debt$382.6m$374.0m$312.8m$317.1m$315.1m$220.5m$228.0m$208.1m
Shareholders' equity$346.8m$336.1m$317.8m$340.4m$332.5m$317.6m$311.5m$300.3m

Financial ratios

Data as of 1 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin41.2%41.1%41.6%38.4%39.9%37.8%—
Operating margin12.2%10.9%11.9%3.4%8.3%12.9%—
Net margin7.2%6.4%8.0%1.3%3.0%9.5%—
Return on equity13.9%11.6%19.6%3.5%14.3%434.4%—
Return on assets5.7%5.5%9.0%1.5%4.1%13.6%—
Free cash flow yield5.4%3.0%6.9%4.4%4.4%4.9%—
Revenue growth7.5%17.6%5.4%7.1%5.6%-3.8%—
Earnings growth22.2%-6.5%563.9%-54.0%-67.1%-2094.5%—
Current ratio3.50x3.48x2.58x2.50x2.14x1.88x—
Debt to equity0.98x0.73x0.73x0.93x1.80x24.04x—
Equity ratio41.3%47.7%45.7%42.3%28.4%3.1%—
Interest coverage6.27x7.93x12.68x2.51x2.17x2.14x—
R&D as a share of sales1.9%—1.4%1.9%2.9%2.3%2.2%
Buybacks as a share of market value-5.7%-7.5%-0.6%-18.7%4.7%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue10.1%8.6%—
Operating income68.9%8.5%—
Net income96.5%2.8%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin41.2%40.7%40.2%—
Operating margin12.0%10.1%10.7%—
Net margin6.8%5.9%6.0%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021
Price to earnings40.136.632.5131.164.1
Price to sales2.92.32.61.71.9

Market value over time

30 Nov 2021 to 30 Oct 2026, in USD

$547.3m$1.32bn

Share price return

Finished calendar years

20252024202320222021
Return12%13%50%2%37%

Dividends and splits

Per share, in the currency the company pays

Paid for 5 years. Last went ex-dividend on 31 Jul 2026.

FY2026FY2025FY2024FY2023FY2022FY2021
Paid in the year0.300.380.350.320.320.08

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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