{ "ok": true, "cik": "730464", "ticker": "CVSA", "name": "Covista Inc.", "filings": [ { "form": "8-K", "filed": "2026-09-23", "items": [ "1.01 Entry into a Material Definitive Agreement", "2.03 Creation of a Direct Financial Obligation", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/730464/000073046426000055/0000730464-26-000055-index.htm" }, { "form": "10-K", "filed": "2026-08-06", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/730464/000110465926092044/0001104659-26-092044-index.htm" }, { "form": "8-K", "filed": "2026-08-06", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/730464/000073046426000037/0000730464-26-000037-index.htm" }, { "form": "8-K", "filed": "2026-07-28", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/730464/000110465926087540/0001104659-26-087540-index.htm" }, { "form": "10-Q", "filed": "2026-05-07", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/730464/000110465926057163/0001104659-26-057163-index.htm" }, { "form": "8-K", "filed": "2026-05-07", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/730464/000073046426000021/0000730464-26-000021-index.htm" } ], "events12m": 13, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000730464.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=730464" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up Covista Inc. ($CVSA). Last filing: 8-K (1.01 Entry into a Material Definitive Agreement), 2026-09-23. 13 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2026-06-30", "revenue": 1954085000, "revenueGrowth1y": 0.09271147297138604, "revenueGrowthPerYear": 0.0904889409686016, "yearsOfData": 5, "operatingMargin": 0.1961920796690011, "operatingMarginPrior": 0.19098803885275878, "netMargin": 0.12873851444537981, "operatingCashFlow": 470422000, "capitalSpending": 77696000, "freeCashFlow": 392726000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 406316000, "longTermDebt": 662850000, "longTermDebtChange": 0.1993616432258729, "revenueHistory": [ { "fiscalYearEnd": "2022-06-30", "revenue": 1381842000 }, { "fiscalYearEnd": "2023-06-30", "revenue": 1450826000 }, { "fiscalYearEnd": "2024-06-30", "revenue": 1584652000 }, { "fiscalYearEnd": "2025-06-30", "revenue": 1788290000 }, { "fiscalYearEnd": "2026-06-30", "revenue": 1954085000 } ], "totalEquity": 1446185000, "totalAssets": 3012708000, "equityRatio": 0.4800282669279598, "returnOnEquity": 0.17395146540726117, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": 0, "dividendYearsRising": 0, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 7.18, "sharesOutstanding": 35715000, "bookValuePerShare": 40.49237015259695, "revenuePerShare": 54.713285734285314, "range80": { "low": 1725835334.2753897, "high": 2549135918.424489, "baseline": 2146628988.7652156, "n": 4599, "band": "b1", "bandLabel": "$1B–10B", "method": "v4.1", "credibility": 0.5714285714285714, "growthYears": 5, "ownVolatility": 0.15550780196645386, "classVolatility": 0.07701947805587882, "volatility": 0.1279099604575429 }, "ifPaceHeld": { "low": 1725835334.2753897, "high": 2549135918.424489 } }, "edgarette": "🔖 Exposure: revenue $2.0B (FY2026), total debt $662.9M. Experience: revenue up 9.3% on the year, up 9.0% a year over 4 years; operating margin 19.6%, up from 19.1%. Soundness: equity 48.0% of assets, return on equity 17.4%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.7B and $2.5B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $1.5B to $2.9B. A range, not a forecast. Against peers (23 filers, $50M+ revenue, services-educational services): operating margin 19.6% against a 7.4% median; growth 9.3% against 8.6%.", "peers": { "sic": 8200, "sicDescription": "Services-Educational Services", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "8200", "growth": [ 0.0864, 21 ], "opMargin": [ 0.0739, 23 ], "equityRatio": [ 0.5273, 21 ], "returnOnEquity": [ 0.098, 20 ] }, "summary": "Covista (CVSA) grew revenue 9.3% in FY2026 to $2.0 billion, operating margin 19.6% against a 7.4% median for services-educational services, equity 48.0% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
Covista Inc. against its own record and its peers
Operating marginPeer median 7.4%19.6%Revenue, on the yearPeer median 8.6%9.3%Equity of assetsPeer median 52.7%48.0%Return on equityPeer median 9.8%17.4%Gold tick: the median of 20–21 peers with $50M+ revenue in services-educational services
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profitHanded back per share$0Revenue growth it managed9.3%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 14, "hits": 11, "rate": 0.7857142857142857, "method": "v4", "byYear": { "2013": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 0, 1 ], "2019": [ 0, 1 ], "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 0, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ], "2026": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-24T14:19:05.266Z", "hash": "6a332866a102bf3e", "status": "open" }, "caution": "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.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Covista (CVSA) grew revenue 9.3% in FY2026 to $2.0 billion, operating margin 19.6% against a 7.4% median for services-educational services, equity 48.0% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2026-06-30", "revenue": 1954085000, "totalDebt": 662850000, "cash": 406316000 }, "experience": { "revenueGrowth1y": 0.09271147297138604, "revenueGrowthPerYear": 0.0904889409686016, "operatingMargin": 0.1961920796690011, "operatingMarginPrior": 0.19098803885275878, "netMargin": 0.12873851444537981, "freeCashFlow": 392726000 }, "soundness": { "equityRatio": 0.4800282669279598, "returnOnEquity": 0.17395146540726117, "payoutRatio": null, "dividendPerShare": 0, "dividendYearsRising": 0, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 8200, "sicDescription": "Services-Educational Services", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "8200", "growth": [ 0.0864, 21 ], "opMargin": [ 0.0739, 23 ], "equityRatio": [ 0.5273, 21 ], "returnOnEquity": [ 0.098, 20 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 1725835334.2753897, "high": 2549135918.424489, "baseline": 2146628988.7652156, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 4599, "sizeBand": "$1B–10B", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.571, "growthYears": 5, "ownVolatility": 0.15550780196645386, "classVolatility": 0.07701947805587882, "pricedVolatility": 0.1279099604575429, "k": 3 }, "stress": { "low": 1496702201.1693544, "high": 2939792587.489614, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 14, "hits": 11, "rate": 0.7857142857142857, "method": "v4", "byYear": { "2013": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 0, 1 ], "2019": [ 0, 1 ], "2020": [ 1, 1 ], "2021": [ 1, 1 ], "2022": [ 0, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ], "2026": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-24T14:19:05.266Z", "hash": "6a332866a102bf3e", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "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.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000730464.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=730464" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }