Saturday 17 October 2026 Export CDRE’s income statement to Excel — free account

Cadre Holdings, Inc.

Cadre Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $610.3 million, up 7.53% from fiscal 2024. In the quarter to June 2026, revenue grew 31.8%, EPS fell 10.0%, free cash flow grew 1,496.4% and total debt rose 18.8%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five.

26.38 0.46 +1.77%

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Market cap: $1.1B
P/E: 30.3×
Fwd P/E: 26.3×
Dividend yield: 1.50%
F-score: 5/9
Altman Z: 3.77
Beneish M: −2.45
Dividend safety: 74/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 79.95

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	2	2	—	—	1	—	—	2	—	2	—	—

Insider Ownership 27.07%

Capital & Financial Ratios $m

Market Cap 1,110.00

Revenue 685.65

Net Income 36.06

Free Cash Flow 78.19

Net Debt 316.66

Current Ratio 2.14

Debt/Equity 1.08

P/E ratio 30.32

Fwd P/E 26.30

P/S ratio 1.65

P/B ratio 3.26

Past 5Y EPS Growth (6.13%)

This Y EPS Growth (1.80%)

Next Y EPS Growth 46.54%

Next Y revenue growth 24.43%

Next 5Y EPS Growth 19.20%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 8.60%

10-year low 10-year high

P/S against its own 10 years 12.00%

10-year low 10-year high

P/B against its own 10 years 1.45%

10-year low 10-year high

EV/Sales against its own 10 years 24.40%

10-year low 10-year high

EV/FCF against its own 10 years 5.39%

10-year low 10-year high

Dividends

Payout Ratio 0.46

Annual Dividend Rate 0.40

Annual Dividend Yield 1.50%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.40	0.10 0.10 0.10
2025	0.38	0.10 0.10 0.10 0.10
2024	0.35	0.09 0.09 0.09 0.09
2023	0.32	0.08 0.08 0.08 0.08
2022	0.32	0.08 0.08 0.08 0.08
2021	0.08	0.08
2020	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	88	125	125	58
Receivables	58	94	111	128
Inventory	81	82	100	129
Other	7	8	15	17
	246	328	366	348

	2023	2024	2025	Q'26
Payables	28	30	22	39
ST’ Debt	12	11	16	20
Other	—	—	—	—
	95	94	104	162

Compound Annual Growth %

	10y	5y	3y
Sales	—	8.57%	10.06%
Cash Flow	—	7.00%	11.14%
Earnings	—	2.80%	96.47%
Book Value	—	104.66%	24.20%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	155	207	—	—	—
’25	130	157	156	167	610
’24	138	144	109	176	568
’23	112	121	125	125	483
’22	104	118	112	124	458
’21	111	115	99	104	427
’20	98	93	106	—	405

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	23	22	—	—	—
’25	17	3	22	21	64
’24	2	11	(5)	24	32
’23	13	16	18	27	73
’22	9	16	4	17	46
’21	17	12	2	9	40
’20	15	0	28	17	45

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	20	19	—	—	—
’25	16	1	22	18	57
’24	1	9	(6)	22	26
’23	12	14	16	24	67
’22	8	15	4	16	42
’21	16	11	2	8	37
’20	15	0	37	16	53

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.05	0.26	—	—	—
’25	0.23	0.30	0.27	0.27	1.02
’24	0.18	0.31	0.09	0.32	0.90
’23	0.19	0.29	0.29	0.25	1.02
’22	(0.30)	0.12	0.13	0.17	0.16
’21	0.25	0.25	(0.19)	0.13	0.44
’20	0.12	0.35	0.23	—	1.40

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	14.16	17.74	16.58	29.19	27.07	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	25.58	31.50	33.62	40.28	46.64
People
People	Employees	—	—	—	—	—	2,237	2,274	2,435	2,284	2,533
	Revenue/emp, $m	—	—	—	0.00	0.00	0.19	0.20	0.20	0.25	0.24
Income, $m
Income, $m	Revenue	—	—	—	421	405	427	458	483	568	610
	Gross margin, %	—	—	—	32.68	37.80	39.95	38.37	41.60	41.14	42.54
	EBT	—	—	—	(2)	28	19	9	53	54	62
	EBT margin, %	—	—	—	(0.49)	6.89	4.49	2.05	10.97	9.55	10.21
	Net income	—	0	—	(2)	38	13	6	39	36	44
	Depreciation	—	—	—	15	17	17	21	16	21	21
Per share, $
Per share, $	Revenue	—	—	—	12.24	14.72	14.94	12.68	12.86	14.21	14.93
	Earnings	—	—	—	(0.06)	1.40	0.44	0.16	1.03	0.90	1.08
	Cash flow	—	—	—	0.22	1.65	1.40	1.29	1.95	0.80	1.56
	Capex	—	—	—	0.00	0.28	(0.10)	(0.11)	(0.17)	(0.14)	(0.17)
	Free cash flow	—	—	—	0.22	1.93	1.30	1.17	1.78	0.66	1.39
	Book value	—	—	—	(0.87)	0.32	3.10	4.59	5.25	7.80	7.78
	Shares, m	—	—	—	34	27	29	36	38	40	41
Valuation, ×
Valuation, ×	P/E	—	—	—	28.19	28.19	58.06	143.07	31.39	35.89	37.81
	P/S	—	—	—	0.98	0.98	1.70	1.58	2.51	2.27	2.73
	P/B	—	—	—	57.27	57.27	8.20	4.36	6.15	4.14	5.25
	EV/Sales	—	—	—	1.47	1.47	2.00	1.81	2.62	2.45	3.03
	EV/FCF	—	—	—	13.95	13.95	22.89	19.56	18.98	53.07	32.51
Cash, $m
Cash, $m	Operating cash flow	—	—	—	7	45	40	46	73	32	64
	Capex	—	—	—	(3)	8	(3)	(4)	(7)	(6)	(7)
	Free cash flow	—	—	—	7	53	37	42	67	26	57
Balance, $m
Balance, $m	Working capital	—	—	—	80	55	85	118	151	233	261
	Total debt	—	—	—	275	213	160	150	140	223	307
	Net debt	—	—	—	267	210	126	104	52	98	182
	Shareholders’ equity	—	—	—	(30)	9	89	166	197	312	318
Returns, %
Returns, %	ROA	—	—	—	(1.25)	13.02	4.26	1.65	9.39	6.67	6.20
	ROIC	—	—	—	0.00	14.23	15.07	3.87	14.15	10.18	8.42
	ROE	—	—	—	18.21	(363.26)	25.97	4.57	21.29	14.21	14.03

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
VOYG Voyager Technologies, Inc.	$1.6B	— (loss-making)	— (loss-making)	+15.48% (above 0%: growing)	n/m	−167.81% (below 0%: shrinking)	8.45%	(97.46%)	Compare
CDRE Cadre Holdings, Inc.	$1.1B	30.3×	26.3×	+31.84% (above 0%: growing)	−10.00% (below 0%: shrinking)	+1,496.41% (above 0%: growing)	42.07%	10.84%
NPK National Presto Industries, Inc.	$1.1B	24.9×	— (loss-making)	+21.71% (above 0%: growing)	+206.94% (above 0%: growing)	+169.47% (above 0%: growing)	19.47%	13.24%	Compare
RCAT Red Cat Holdings, Inc.	$748.3M	— (loss-making)	— (loss-making)	+527.18% (above 0%: growing)	n/m	−298.17% (below 0%: shrinking)	16.15%	(191.42%)	Compare
RGR Sturm, Ruger & Company, Inc.	$686.1M	56.3×	— (loss-making)	+19.30% (above 0%: growing)	n/m	+54.31% (above 0%: growing)	21.35%	4.83%	Compare
SWBI Smith & Wesson Brands, Inc.	$634.9M	26.2×	30.6×	+32.34% (above 0%: growing)	n/m	−67.46% (below 0%: shrinking)	28.66%	3.75%	Compare
SATL Satellogic Inc.	$631.9M	— (loss-making)	— (loss-making)	+258.54% (above 0%: growing)	n/m	−178.72% (below 0%: shrinking)	82.27%	1.67%	Compare
EVEX Eve Holding, Inc.	$582.0M	— (loss-making)	—	—	n/m	+13.25% (above 0%: growing)	0.00%	0.00%	Compare
PKE Park Aerospace Corp.	$578.8M	36.5×	— (loss-making)	+26.92% (above 0%: growing)	+75.00% (above 0%: growing)	+21.48% (above 0%: growing)	34.32%	22.76%	Compare
Median of peers	$660.5M	31.4×	—	+26.92%	—	−27.10%	20.41%	2.71%

All 82 Aerospace & Defense stocks →

Cadre Holdings, Inc. (CDRE) key facts

Strength: Cadre Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $610.3 million, up 7.53% from fiscal 2024.
Strength: Net income was $44.1 million, or $1.08 per share (basic), a net margin of 7.23%.
Cadre Holdings, Inc. (CDRE) is an Aerospace & Defense company in the Industrials sector, listed on the New York Stock Exchange.
As of October 16, 2026, CDRE traded at $26.38, a market capitalization of $1.1 billion.
At that price the stock trades at 30.3× trailing-twelve-month earnings and 1.6× sales; its P/E is higher than 9% of its own readings over the past ten years.
Cadre Holdings, Inc. pays an annual dividend of $0.40 per share, a yield of 1.50%, with a payout ratio of 46.5%.
Return on equity was 14.0% and debt-to-equity 1.08.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 3.77 (safe zone) for fiscal 2025.