Financial Snapshot

Revenue
$516.2M
TTM
Gross Margin
39.74%
TTM
Net Earnings
$32.74M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
300.7%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$300.3M
Q3 2024
Cash
Q3 2024
P/E
43.58
Nov 29, 2024 EST
Free Cash Flow
$28.15M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $482.5M $457.8M $427.3M $404.6M $420.7M
YoY Change 5.39% 7.15% 5.6% -3.83%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $482.5M $457.8M $427.3M $404.6M $420.7M
Cost Of Revenue $281.8M $282.2M $256.6M $251.7M $274.7M
Gross Profit $200.7M $175.7M $170.7M $152.9M $146.0M
Gross Profit Margin 41.6% 38.37% 39.95% 37.8% 34.71%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $140.5M $153.3M $115.0M $106.6M $109.8M
YoY Change -8.33% 33.34% 7.82% -2.9%
% of Gross Profit 70.01% 87.26% 67.35% 69.72% 75.2%
Research & Development $6.954M $7.086M $6.460M $5.630M $6.868M
YoY Change -1.86% 9.69% 14.74% -18.03%
% of Gross Profit 3.46% 4.03% 3.78% 3.68% 4.7%
Depreciation & Amortization $15.74M $15.65M $13.72M $14.73M $15.44M
YoY Change 0.55% 14.09% -6.89% -4.6%
% of Gross Profit 7.84% 8.91% 8.04% 9.63% 10.57%
Operating Expenses $144.2M $159.0M $119.0M $103.1M $110.2M
YoY Change -9.28% 33.61% 15.36% -6.37%
Operating Profit $56.52M $16.72M $51.72M $49.80M $35.89M
YoY Change 238.11% -67.68% 3.85% 38.78%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $4.531M $6.206M $16.43M $24.39M -$29.85M
YoY Change -26.99% -62.22% -32.65% -181.71%
% of Operating Profit 8.02% 37.13% 31.76% 48.97% -83.17%
Other Income/Expense, Net -$3.595M -$7.343M -$32.53M -$21.93M $395.0K
YoY Change -51.04% -77.42% 48.33% -5651.65%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income $52.92M $9.373M $19.19M $27.88M -$2.070M
YoY Change 464.64% -51.16% -31.15% -1446.62%
Income Tax $14.28M $3.553M $6.531M -$10.58M -$142.0K
% Of Pretax Income 26.99% 37.91% 34.03% -37.95%
Net Earnings $38.64M $5.820M $12.66M $38.45M -$1.928M
YoY Change 563.93% -54.03% -67.07% -2094.45%
Net Earnings / Revenue 8.01% 1.27% 2.96% 9.5% -0.46%
Basic Earnings Per Share $1.03 $0.16 $0.44 $1.40
Diluted Earnings Per Share $1.02 $0.16 $0.44 $1.40 -$55.68K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $87.69M $45.29M $33.86M $2.873M $2.520M
YoY Change 93.64% 33.76% 1078.45% 14.01%
Cash & Equivalents $87.69M $45.29M $33.86M $2.873M $2.520M
Short-Term Investments
Other Short-Term Assets $18.82M $16.90M $13.80M $10.03M $22.65M
YoY Change 11.32% 22.46% 37.65% -55.73%
Inventory $80.98M $70.27M $63.98M $60.92M $62.13M
Prepaid Expenses
Receivables $58.36M $64.56M $48.34M $43.65M $55.57M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $245.8M $197.0M $160.0M $117.5M $142.9M
YoY Change 24.78% 23.15% 36.19% -17.78%
Property, Plant & Equipment $51.20M $53.77M $33.05M $35.44M $36.05M
YoY Change -4.78% 62.69% -6.73% -1.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.996M $8.889M $10.09M $13.05M $2.285M
YoY Change 1.2% -11.86% -22.72% 471.12%
Total Long-Term Assets $185.3M $194.9M $151.8M $165.8M $164.5M
YoY Change -4.92% 28.4% -8.44% 0.82%
Total Assets $431.2M $392.0M $311.8M $283.3M $307.3M
YoY Change
Accounts Payable $28.42M $23.41M $19.33M $21.98M $25.70M
YoY Change 21.41% 21.1% -12.06% -14.47%
Accrued Expenses $44.52M $29.16M $28.09M $28.70M $27.29M
YoY Change 52.71% 3.8% -2.13% 5.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $12.32M $12.21M $13.22M $3.539M $4.372M
YoY Change 0.89% -7.61% 273.47% -19.05%
Total Short-Term Liabilities $95.21M $78.92M $74.62M $62.48M $62.91M
YoY Change 20.63% 5.76% 19.43% -0.67%
Long-Term Debt $127.8M $137.5M $146.5M $209.4M $270.4M
YoY Change -7.03% -6.17% -30.01% -22.58%
Other Long-Term Liabilities $6.156M $6.157M $718.0K $504.0K $713.0K
YoY Change -0.02% 757.52% 42.46% -29.31%
Total Long-Term Liabilities $134.0M $143.6M $147.2M $209.9M $271.1M
YoY Change -6.73% -2.45% -29.84% -22.59%
Total Liabilities $234.0M $226.1M $223.2M $274.4M $337.4M
YoY Change 3.52% 1.3% -18.68% -18.65%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 37.53M 36.11M 28.60M 27.48M
Diluted Shares Outstanding 37.92M 36.12M 28.60M 27.48M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.427 Billion

About Cadre Holdings, Inc.

Cadre Holdings, Inc. engages in the manufacture and distribution of safety and survivability products, and other related products for the law enforcement, first responder and military markets. The company is headquartered in Jacksonville, Florida and currently employs 2,435 full-time employees. The company went IPO on 2021-11-04. The firm's equipment provides critical protection to allow users to perform their duties and protect those around them in hazardous or life-threatening situations. The firm's brands include Safariland and Med-Eng, among others. The company sells a range of products, including body armor, explosive ordnance disposal equipment and duty gear through both direct and indirect channels. In addition, the Company provides equipment it manufactures as well as third-party products, including uniforms, optics, boots, firearms and ammunition. The company also provides a diversified suite of capabilities, including ventilation and containment, engineered containers, field services and maintenance, advanced transportation containers, specialty filters, and radiometric instrumentation. Its products are used across federal, state and local law enforcement, explosive ordnance disposal teams, and emergency medical technicians.

Industry: Orthopedic, Prosthetic & Surgical Appliances & Supplies Peers: AAR CORP AerSale Corp Archer Aviation Inc. DUCOMMUN INC /DE/ V2X, Inc. KAMAN Corp Virgin Orbit Holdings, Inc. RTX Corp TRIUMPH GROUP INC