Compass Diversified Holdings $CODI Read from its own SEC filings · nothing written, nothing inferred
🫧 Edgar looked up COMPASS DIVERSIFIED HOLDINGS ($CODI). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-08-10. 31 event filings (8-K) in the past twelve months. Auditor change (8-K Item 4.01) filed 2026-07-16. Non-reliance (8-K Item 4.02) filed 2025-06-25.
🔖 Exposure: revenue $1.9B (FY2025), total debt $1.9B. Experience: revenue up 4.8% on the year, up 2.1% a year over 4 years; operating margin 0.6%, up from -0.8%. Soundness: equity 14.5% of assets, return on equity -66.5%, the dividend per share fell in the latest year on record. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.7B and $2.1B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $1.6B to $2.2B. A statistical range, not company guidance. Against peers (9 filers, $50M+ revenue, its industry group): operating margin 0.6% against a 4.3% median; growth 4.8% against 1.1%.
Gold paid out, navy kept. Kept share × return on equity = the growth it can fund itself. Facts from the filings, not a recommendation.
Speed and cash · fiscal 2025
Both views must agree for a label · a description, not advice.
| Cash flow (op · inv · fin · free) | −$7M · −$43M · $55M · −$51M |
| Investment book (cash · short · long) | $68M · — · — · current ratio 2.42 |
| Revenue swing · equity of assets | 4.3% · 14.5% |
Compass Diversified Holdings is growing slower than its size class, with steadier revenue. Its own audited SEC figures.
The figures, as filed
| Fiscal year end | 2025-12-31 |
| Revenue | $1.9B |
| Revenue, on the year | 4.8% |
| Revenue, a year over the record | 2.1% |
| Operating margin | 0.6% |
| Operating margin, prior year | −0.8% |
| Net margin | −15.7% |
| Research and development | $17M · 0.9% of revenue |
| Total debt | $1.9B |
| Equity of assets | 14.5% |
| Return on equity | −66.5% |
| Payout of profit | — |
| Dividend per share | $0.5 · cut in the latest year |
| Earnings per share | $-3.59 |
| Book value per share | $5.88 |
| Revenue per share | $24.90 |
| Shares outstanding | 75,236,000 |
| Audited years read | 5 |
Peers: the median of 9 filers with $50M+ revenue in household furniture.
Health HarborCompass Diversified Holdings sails as: Weathered boat
Health watch · 12 monthsExchange listing notice or transferLate quarterly report noticeAuditor changeDirector or officer change ×3
Sailing speed follows growth: 2.2% a year crosses the harbor in 73 seconds.
🌊 Visit the Bay →- filed late quarterly report notice, auditor change in the last 12 months
- operating cash flow was negative
Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider. A picture of the signs, not a rating and not investment advice.
- 8-K · 2026-08-10 · 1.01 Entry into a Material Definitive Agreement; 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits
- 10-Q · 2026-08-10
- 8-K · 2026-07-16 · 4.01 Changes in Registrant's Certifying Accountant; 9.01 Financial Statements and Exhibits
- 8-K · 2026-07-13 · 1.01 Entry into a Material Definitive Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits
- 8-K · 2026-07-01 · 8.01 Other Events; 9.01 Financial Statements and Exhibits
- 8-K · 2026-06-24 · 1.01 Entry into a Material Definitive Agreement; 8.01 Other Events; 9.01 Financial Statements and Exhibits
Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price. Reporting, not investment advice. No price targets and no trading recommendations. Figures from the SEC’s own data · every filing · this page as JSON · ask about another company