Cadre Hldgs Inc Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Cadre Hldgs Inc has an operating margin of 11.8%, meaning the company retains $12 of operating profit per $100 of revenue. This results in a moderate score of 59/100, indicating healthy but not exceptional operating efficiency. This is up from 11.7% the prior year.
Cadre Hldgs Inc's revenue surged 17.6% year-over-year to $567.6M, reflecting rapid business expansion. This strong growth earns a score of 79/100.
Cadre Hldgs Inc carries a low D/E ratio of 0.68, meaning only $0.68 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 86/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.48, Cadre Hldgs Inc holds $3.48 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
Cadre Hldgs Inc's free cash flow margin of 4.6% results in a low score of 23/100. Capital expenditures of $5.7M absorb a large share of operating cash flow.
Cadre Hldgs Inc's ROE of 11.6% shows moderate profitability relative to equity, earning a score of 46/100. This is down from 19.6% the prior year.
Cadre Hldgs Inc scores 4.67, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($1.7B) relative to total liabilities ($341.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Cadre Hldgs Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Cadre Hldgs Inc generates $0.88 in operating cash flow ($31.8M OCF vs $36.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Cadre Hldgs Inc earns $8.5 in operating income for every $1 of interest expense ($66.8M vs $7.8M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
This page shows Cadre Hldgs Inc (CDRE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Cadre Hldgs Inc generated $567.6M in revenue in fiscal year 2024. This represents an increase of 17.6% from the prior year.
Cadre Hldgs Inc's EBITDA was $83.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 15.1% from the prior year.
Cadre Hldgs Inc generated $26.1M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 60.7% from the prior year.
Cadre Hldgs Inc reported $36.1M in net income in fiscal year 2024. This represents a decrease of 6.5% from the prior year.
Cadre Hldgs Inc earned $0.90 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 11.8% from the prior year.
Cadre Hldgs Inc held $124.9M in cash against $211.8M in long-term debt as of fiscal year 2024.
Cadre Hldgs Inc paid $0.09 per share in dividends in fiscal year 2024. This represents an increase of 9.4% from the prior year.
Cadre Hldgs Inc had 41M shares outstanding in fiscal year 2024. This represents an increase of 8.0% from the prior year.
Cadre Hldgs Inc's gross margin was 41.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 0.5 percentage points from the prior year.
Cadre Hldgs Inc's operating margin was 11.8% in fiscal year 2024, reflecting core business profitability. This is up 0.1 percentage points from the prior year.
Cadre Hldgs Inc's net profit margin was 6.4% in fiscal year 2024, showing the share of revenue converted to profit. This is down 1.6 percentage points from the prior year.
Cadre Hldgs Inc's ROE was 11.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 8.0 percentage points from the prior year.
Cadre Hldgs Inc invested $8.4M in research and development in fiscal year 2024. This represents an increase of 20.5% from the prior year.
Cadre Hldgs Inc invested $5.7M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 15.7% from the prior year.
CDRE Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $155.9M-0.8% | $157.1M+20.8% | $130.1M-26.1% | $176.0M+21.9% | $144.3M+4.7% | $137.9M+10.7% | $124.6M-0.4% | $125.1M |
| Cost of Revenue | $89.2M-3.9% | $92.9M+25.5% | $74.0M-25.1% | $98.8M+15.3% | $85.7M+6.8% | $80.2M+7.2% | $74.8M+4.6% | $71.5M |
| Gross Profit | $66.6M+3.7% | $64.2M+14.5% | $56.1M-27.3% | $77.2M+31.6% | $58.6M+1.8% | $57.6M+15.8% | $49.8M-7.2% | $53.6M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $45.6M+1.1% | $45.1M+8.1% | $41.8M-7.3% | $45.0M+16.8% | $38.6M-5.3% | $40.7M+16.7% | $34.9M-3.9% | $36.3M |
| Operating Income | $18.7M+27.2% | $14.7M+8.4% | $13.6M-53.9% | $29.4M+47.4% | $20.0M+66.6% | $12.0M-5.5% | $12.7M-24.2% | $16.7M |
| Interest Expense | N/A | $3.6M+60.9% | $2.2M+1.8% | $2.2M+9.4% | $2.0M+22.4% | $1.6M+103.6% | $804K-25.1% | $1.1M |
| Income Tax | $3.9M-21.9% | $5.0M+48.8% | $3.4M-65.5% | $9.7M+92.8% | $5.0M+156.2% | $2.0M-30.1% | $2.8M-34.3% | $4.3M |
| Net Income | $10.9M-10.4% | $12.2M+32.0% | $9.2M-28.8% | $13.0M+3.3% | $12.6M+81.4% | $6.9M-27.8% | $9.6M-13.2% | $11.1M |
| EPS (Diluted) | $0.27-10.0% | $0.30+30.4% | $0.23-28.1% | $0.32+3.2% | $0.31+72.2% | $0.18-28.0% | $0.25-13.8% | $0.29 |
CDRE Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $792.1M-0.3% | $794.4M+21.0% | $656.3M+0.5% | $652.7M+5.2% | $620.6M+3.5% | $599.4M+39.0% | $431.2M+2.5% | $420.5M |
| Current Assets | $386.2M+1.4% | $381.0M+14.6% | $332.5M+1.5% | $327.6M+11.0% | $295.0M+9.5% | $269.3M+9.6% | $245.8M+3.9% | $236.7M |
| Cash & Equivalents | $150.9M+9.8% | $137.5M+3.0% | $133.4M+6.8% | $124.9M+18.0% | $105.9M+21.7% | $87.1M-0.7% | $87.7M+26.3% | $69.4M |
| Inventory | $112.2M+2.4% | $109.6M+19.4% | $91.8M+11.5% | $82.4M-13.9% | $95.6M-0.1% | $95.8M+18.3% | $81.0M-1.9% | $82.5M |
| Accounts Receivable | $99.4M-8.0% | $108.1M+30.4% | $82.9M-11.4% | $93.5M+28.7% | $72.7M+6.7% | $68.1M+16.7% | $58.4M-4.7% | $61.3M |
| Goodwill | $179.2M+2.7% | $174.5M+17.4% | $148.6M+0.3% | $148.2M0.0% | $148.1M-0.5% | $148.9M+82.3% | $81.7M+0.6% | $81.2M |
| Total Liabilities | $451.7M-2.2% | $462.0M+36.4% | $338.7M-0.7% | $341.2M+6.2% | $321.3M-2.3% | $328.7M+40.5% | $234.0M+1.5% | $230.5M |
| Current Liabilities | $106.0M0.0% | $106.1M+13.2% | $93.7M-0.5% | $94.1M+1.2% | $93.0M-2.6% | $95.6M+0.4% | $95.2M+6.1% | $89.7M |
| Long-Term Debt | $295.0M-1.3% | $298.9M+42.9% | $209.1M-1.3% | $211.8M+6.9% | $198.2M-1.2% | $200.6M+57.0% | $127.8M-1.9% | $130.3M |
| Total Equity | $340.4M+2.4% | $332.5M+4.7% | $317.6M+1.9% | $311.5M+4.1% | $299.4M+10.6% | $270.7M+37.3% | $197.2M+3.8% | $190.0M |
| Retained Earnings | $26.9M+35.7% | $19.8M+72.8% | $11.5M+88.6% | $6.1M+276.0% | -$3.5M+72.3% | -$12.5M+22.6% | -$16.1M+29.0% | -$22.7M |
CDRE Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $22.5M+768.5% | $2.6M-85.1% | $17.4M-26.7% | $23.7M+112.8% | $11.1M+421.4% | $2.1M-92.1% | $26.9M+49.8% | $18.0M |
| Capital Expenditures | $849K-40.4% | $1.4M+8.8% | $1.3M+1.7% | $1.3M-36.4% | $2.0M+50.6% | $1.3M-45.8% | $2.5M+34.4% | $1.8M |
| Free Cash Flow | $21.6M+1758.0% | $1.2M-92.8% | $16.1M-28.3% | $22.4M+145.9% | $9.1M+1048.7% | $794K-96.8% | $24.5M+51.5% | $16.1M |
| Investing Cash Flow | -$849K+99.1% | -$91.0M-6852.5% | -$1.3M-0.2% | -$1.3M+47.6% | -$2.5M+98.3% | -$142.6M-5656.1% | -$2.5M-34.4% | -$1.8M |
| Financing Cash Flow | -$7.6M-108.4% | $90.8M+1261.7% | -$7.8M-179.4% | $9.8M-2.6% | $10.1M-92.8% | $139.8M+2238.1% | -$6.5M-187.1% | -$2.3M |
| Dividends Paid | $3.9M0.0% | $3.9M+0.1% | $3.9M+8.6% | $3.6M0.0% | $3.6M+8.0% | $3.3M+9.4% | $3.0M0.0% | $3.0M |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
CDRE Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 42.7%+1.9pp | 40.9%-2.3pp | 43.1%-0.7pp | 43.9%+3.2pp | 40.6%-1.2pp | 41.8%+1.9pp | 39.9%-2.9pp | 42.8% |
| Operating Margin | 12.0%+2.6pp | 9.3%-1.1pp | 10.4%-6.3pp | 16.7%+2.9pp | 13.8%+5.1pp | 8.7%-1.5pp | 10.2%-3.2pp | 13.4% |
| Net Margin | 7.0%-0.8pp | 7.8%+0.7pp | 7.1%-0.3pp | 7.4%-1.3pp | 8.7%+3.7pp | 5.0%-2.7pp | 7.7%-1.1pp | 8.8% |
| Return on Equity | 3.2%-0.5pp | 3.7%+0.8pp | 2.9%-1.3pp | 4.2%-0.0pp | 4.2%+1.6pp | 2.6%-2.3pp | 4.9%-1.0pp | 5.8% |
| Return on Assets | 1.4%-0.2pp | 1.5%+0.1pp | 1.4%-0.6pp | 2.0%-0.0pp | 2.0%+0.9pp | 1.2%-1.1pp | 2.2%-0.4pp | 2.6% |
| Current Ratio | 3.64+0.0 | 3.59+0.0 | 3.55+0.1 | 3.48+0.3 | 3.17+0.4 | 2.82+0.2 | 2.58-0.1 | 2.64 |
| Debt-to-Equity | 0.87-0.0 | 0.90+0.2 | 0.66-0.0 | 0.68+0.0 | 0.66-0.1 | 0.74+0.1 | 0.65-0.0 | 0.69 |
| FCF Margin | 13.9%+13.1pp | 0.7%-11.6pp | 12.4%-0.4pp | 12.7%+6.4pp | 6.3%+5.7pp | 0.6%-19.1pp | 19.6%+6.7pp | 12.9% |
Similar Companies
Frequently Asked Questions
What is Cadre Hldgs Inc's annual revenue?
Cadre Hldgs Inc (CDRE) reported $567.6M in total revenue for fiscal year 2024. This represents a 17.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Cadre Hldgs Inc's revenue growing?
Cadre Hldgs Inc (CDRE) revenue grew by 17.6% year-over-year, from $482.5M to $567.6M in fiscal year 2024.
Is Cadre Hldgs Inc profitable?
Yes, Cadre Hldgs Inc (CDRE) reported a net income of $36.1M in fiscal year 2024, with a net profit margin of 6.4%.
What is Cadre Hldgs Inc's earnings per share (EPS)?
Cadre Hldgs Inc (CDRE) reported diluted earnings per share of $0.90 for fiscal year 2024. This represents a -11.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Cadre Hldgs Inc's EBITDA?
Cadre Hldgs Inc (CDRE) had EBITDA of $83.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Cadre Hldgs Inc have?
As of fiscal year 2024, Cadre Hldgs Inc (CDRE) had $124.9M in cash and equivalents against $211.8M in long-term debt.
What is Cadre Hldgs Inc's gross margin?
Cadre Hldgs Inc (CDRE) had a gross margin of 41.1% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Cadre Hldgs Inc's operating margin?
Cadre Hldgs Inc (CDRE) had an operating margin of 11.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Cadre Hldgs Inc's net profit margin?
Cadre Hldgs Inc (CDRE) had a net profit margin of 6.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Cadre Hldgs Inc pay dividends?
Yes, Cadre Hldgs Inc (CDRE) paid $0.09 per share in dividends during fiscal year 2024.
What is Cadre Hldgs Inc's return on equity (ROE)?
Cadre Hldgs Inc (CDRE) has a return on equity of 11.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Cadre Hldgs Inc's free cash flow?
Cadre Hldgs Inc (CDRE) generated $26.1M in free cash flow during fiscal year 2024. This represents a -60.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Cadre Hldgs Inc's operating cash flow?
Cadre Hldgs Inc (CDRE) generated $31.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Cadre Hldgs Inc's total assets?
Cadre Hldgs Inc (CDRE) had $652.7M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Cadre Hldgs Inc's capital expenditures?
Cadre Hldgs Inc (CDRE) invested $5.7M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Cadre Hldgs Inc spend on research and development?
Cadre Hldgs Inc (CDRE) invested $8.4M in research and development during fiscal year 2024.
How many shares does Cadre Hldgs Inc have outstanding?
Cadre Hldgs Inc (CDRE) had 41M shares outstanding as of fiscal year 2024.
What is Cadre Hldgs Inc's current ratio?
Cadre Hldgs Inc (CDRE) had a current ratio of 3.48 as of fiscal year 2024, which is generally considered healthy.
What is Cadre Hldgs Inc's debt-to-equity ratio?
Cadre Hldgs Inc (CDRE) had a debt-to-equity ratio of 0.68 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Cadre Hldgs Inc's return on assets (ROA)?
Cadre Hldgs Inc (CDRE) had a return on assets of 5.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Cadre Hldgs Inc's Altman Z-Score?
Cadre Hldgs Inc (CDRE) has an Altman Z-Score of 4.67, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Cadre Hldgs Inc's Piotroski F-Score?
Cadre Hldgs Inc (CDRE) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Cadre Hldgs Inc's earnings high quality?
Cadre Hldgs Inc (CDRE) has an earnings quality ratio of 0.88x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Cadre Hldgs Inc cover its interest payments?
Cadre Hldgs Inc (CDRE) has an interest coverage ratio of 8.5x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Cadre Hldgs Inc?
Cadre Hldgs Inc (CDRE) scores 66 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.