Covista Inc. (CVSA) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CVSA SEC filings page.
Covista Inc. (CVSA) reported $2.0B in revenue for fiscal year 2026, up 9.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Margin expansion and rising cash conversion are funding cash-funded distributions while borrowing remains below its earlier balance-sheet burden.
From FY2024 to FY2026, operating margin rose from13.7% to19.6% , while cash generation strengthened relative to sales. Free cash flow climbed from$247M to$393M over the same span, indicating that the earnings improvement is reaching cash rather than being consumed by reinvestment.
Revenue growth was accompanied by gross margin moving from
FY2026 free cash flow of
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Covista Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Covista Inc. has an operating margin of 19.6%, meaning the company retains $20 of operating profit per $100 of revenue. This strong profitability earns a score of 77/100, reflecting efficient cost management and pricing power. This is up from 19.1% the prior year.
Covista Inc.'s revenue grew 9.3% year-over-year to $2.0B, a solid pace of expansion. This earns a growth score of 67/100.
Covista Inc. has a moderate D/E ratio of 0.45. This balance of debt and equity financing earns a leverage score of 58/100.
Covista Inc.'s current ratio of 1.09 is below the typical benchmark, resulting in a score of 24/100. However, the company holds substantial cash reserves (68% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
Covista Inc. converts 20.1% of revenue into free cash flow ($392.7M). This strong cash generation earns a score of 84/100.
Covista Inc. earns a strong 17.4% return on equity (ROE), meaning it generates $17 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 72/100. This is up from 16.5% the prior year.
Covista Inc. scores 4.13, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Covista Inc. passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Covista Inc. generates $1.87 in operating cash flow ($470.4M OCF vs $251.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Covista Inc. earns $8.44 in operating income for every $1 of interest expense ($383.4M vs $45.4M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Covista Inc. generated $501.4M in revenue in Q4 2026. This represents an increase of 9.7% from the same quarter a year earlier. Against the prior quarter it is up 2.9%.
Covista Inc.'s EBITDA was $109.5M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 21.4% from the same quarter a year earlier. Against the prior quarter it is up 3.7%.
Covista Inc. reported $71.7M in net income in Q4 2026. This represents an increase of 32.3% from the same quarter a year earlier. Against the prior quarter it is up 72.3%.
Covista Inc. earned $2.05 per diluted share (EPS) in Q4 2026. This represents an increase of 42.4% from the same quarter a year earlier. Against the prior quarter it is up 70.8%.
Cash & Balance Sheet
Covista Inc. generated $97.1M in free cash flow in Q4 2026, representing cash available after capex. This represents an increase of 138.7% from the same quarter a year earlier. Against the prior quarter it is down 41.5%.
Covista Inc. held $406.3M in cash against $657.8M in long-term debt as of Q4 2026.
Not reported for Q4 2026.
Margins & Returns
Covista Inc.'s gross margin was 56.8% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the same quarter a year earlier. It is unchanged from the prior quarter.
Covista Inc.'s operating margin was 19.0% in Q4 2026, reflecting core business profitability. This is up 2.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.3 percentage points.
Covista Inc.'s net profit margin was 14.3% in Q4 2026, showing the share of revenue converted to profit. This is up 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.7 percentage points.
Covista Inc.'s ROE was 5.0% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is up 1.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.9 percentage points.
Capital Allocation
Covista Inc. repurchased no shares in Q4 2026. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.
Covista Inc. invested $26.8M in capex in Q4 2026, funding long-term assets and infrastructure. This represents an increase of 41.2% from the same quarter a year earlier. Against the prior quarter it is up 32.5%.
Not reported for Q4 2026.
CVSA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $501.4M+9.7% | $487.0M+4.5% | $503.4M+12.4% | $462.3M+10.8% | $457.1M+11.5% | $466.1M+12.9% | $447.7M+13.9% | $417.4M+13.2% |
| Cost of Revenue | $216.7M+9.0% | $210.7M+5.4% | $205.4M+10.1% | $200.8M+7.9% | $198.9M+9.0% | $199.9M+14.0% | $186.6M+8.5% | $186.0M+10.3% |
| Gross Profit | $284.6M+10.2% | $276.3M+3.8% | $298.0M+14.1% | $261.5M+13.0% | $258.2M+13.6% | $266.2M+12.2% | $261.1M+18.0% | $231.4M+15.6% |
| SG&A Expenses | $188.1M+4.0% | $184.1M+5.1% | $182.8M+16.5% | $175.7M+10.5% | $180.9M+17.0% | $175.2M+11.8% | $156.9M+0.8% | $159.1M-4.2% |
| Operating Income | $95.4M+24.1% | $91.3M+0.9% | $111.1M+7.0% | $85.5M+21.7% | $76.9M+12.3% | $90.5M+46.6% | $103.9M+77.2% | $70.2M+149.1% |
| EBITDA | $109.5M+21.4% | $105.5M+1.9% | $124.9M+6.9% | $98.6M+19.0% | $90.2M+5.2% | $103.6M+28.7% | $116.9M+49.8% | $82.8M+71.8% |
| Interest Expense | $9.8M-9.7% | $13.6M+4.2% | $10.9M-21.5% | $11.1M-23.4% | $10.9M-26.4% | $13.1M-21.1% | $13.9M-16.7% | $14.5M-7.5% |
| Income Tax | $16.2M+15.0% | $20.0M+7.7% | $25.7M+22.4% | $15.8M+30.1% | $14.1M+178.6% | $18.5M+75.0% | $21.0M+170.6% | $12.2M+335.4% |
| Net Income | $71.7M+32.3% | $41.6M-31.6% | $76.4M+0.7% | $61.8M+33.9% | $54.2M+9.7% | $60.8M+65.2% | $75.9M+90.2% | $46.2M+333.6% |
| EPS (Basic) | $2.10+39.1% | $1.21-26.2% | $2.14+5.4% | $1.71+40.2% | $1.51+17.1% | $1.64+72.6% | $2.03+103.0% | $1.22+369.2% |
| EPS (Diluted) | $2.05+42.4% | $1.20-24.5% | $2.11+6.6% | $1.67+41.5% | $1.44+15.2% | $1.59+71.0% | $1.98+102.0% | $1.18+372.0% |
| Diluted Shares (Avg) | N/A | 35M-9.0% | 36M-5.7% | 37M-5.2% | N/A | 38M-3.5% | 38M-5.8% | 39M-7.3% |
Not reported in any period shown, so not listed: R&D Expenses.
CVSA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $3.0B+9.5% | $2.7B-1.9% | $2.6B-4.0% | $2.9B+1.8% | $2.8B+0.4% | $2.8B+2.8% | $2.7B+0.8% | $2.8B+0.8% |
| Current Assets | $652.4M+56.8% | $403.8M-10.3% | $303.0M-25.6% | $567.2M+9.7% | $416.2M-0.5% | $450.3M+14.9% | $407.1M+6.8% | $516.9M+8.8% |
| Cash & Equivalents | $406.3M+103.6% | $147.0M-32.9% | $56.3M-71.0% | $264.7M0.0% | $199.6M-9.0% | $219.0M+21.8% | $194.0M+6.0% | $264.8M+1.5% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $166.9M+16.3% | $173.3M+8.0% | $160.2M+10.9% | $192.1M+13.7% | $143.4M+15.6% | $160.4M+16.0% | $144.4M+10.1% | $168.9M+16.4% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $961.3M0.0% | $961.3M0.0% | $961.3M0.0% | $961.3M0.0% | $961.3M0.0% | $961.3M0.0% | $961.3M0.0% | $961.3M0.0% |
| Total Liabilities | $1.6B+18.8% | $1.4B+1.2% | $1.2B-3.7% | $1.4B-1.3% | $1.3B-3.9% | $1.4B-2.7% | $1.3B-3.6% | $1.4B+0.9% |
| Current Liabilities | $596.8M+17.5% | $580.4M+7.4% | $442.9M+15.2% | $576.6M+4.6% | $507.9M+4.2% | $540.6M+6.2% | $384.6M-3.5% | $551.3M+11.2% |
| Non-Current Liabilities | $969.7M+19.6% | $792.9M-2.9% | $793.0M-11.8% | $833.2M-4.9% | $810.8M-8.3% | $816.5M-7.7% | $899.5M-3.6% | $876.4M-4.7% |
| Long-Term Debt | $657.8M+19.0% | $495.6M-10.2% | $504.3M-22.4% | $553.2M-14.8% | $552.7M-14.8% | $552.2M-14.8% | $649.9M-6.7% | $649.3M-6.7% |
| Total Equity | $1.4B+0.9% | $1.4B-4.8% | $1.4B-4.2% | $1.5B+4.9% | $1.4B+4.7% | $1.4B+8.5% | $1.4B+5.1% | $1.4B+0.8% |
| Retained Earnings | $3.0B+9.1% | $3.0B+8.6% | $2.9B+9.5% | $2.8B+9.8% | $2.8B+9.3% | $2.7B+9.3% | $2.7B+8.5% | $2.6B+7.1% |
Not reported in any period shown, so not listed: Inventory.
CVSA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $124.0M+107.7% | $186.2M-10.5% | $29.7M+256.4% | $130.5M+46.2% | $59.7M-1.0% | $207.9M+35.3% | -$19.0M-44.0% | $89.3M-6.1% |
| Depreciation & Amortization | $14.0M+6.0% | $14.2M+8.4% | $13.8M+5.9% | $13.1M+3.9% | $13.2M-22.8% | $13.1M-30.4% | $13.0M-32.9% | $12.6M-37.0% |
| Stock-Based Compensation | N/A | N/A | N/A | $8.3M-12.3% | N/A | N/A | N/A | $9.5M+26.8% |
| Capital Expenditures | $26.8M+41.2% | $20.2M+97.5% | $14.6M+36.9% | $16.0M+53.9% | $19.0M+14.6% | $10.2M-19.4% | $10.7M+16.4% | $10.4M-0.2% |
| Free Cash Flow | $97.1M+138.7% | $165.9M-16.1% | $15.1M+150.9% | $114.5M+45.1% | $40.7M-6.8% | $197.7M+40.3% | -$29.7M-32.7% | $78.9M-6.8% |
| Investing Cash Flow | -$27.8M-138.7% | -$20.2M-101.4% | -$19.6M-83.7% | -$16.0M-68.0% | -$11.7M+25.6% | -$10.0M+20.9% | -$10.7M-16.7% | -$9.5M+7.7% |
| Financing Cash Flow | $162.8M+339.2% | -$75.7M+56.0% | -$217.7M-421.3% | -$49.5M-45.1% | -$68.1M-534.3% | -$172.1M-23.2% | -$41.8M+25.4% | -$34.1M+64.2% |
| Share Buybacks | $0-100.0% | $67.5M-6.7% | $164.8M+303.1% | $7.6M-77.1% | $66.7M+479.8% | $72.4M-19.5% | $40.9M-41.7% | $33.2M-63.3% |
Not reported in any period shown, so not listed: Dividends Paid.
CVSA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.8%+0.3pp | 56.7%-0.4pp | 59.2%+0.9pp | 56.6%+1.1pp | 56.5%+1.0pp | 57.1%-0.4pp | 58.3%+2.1pp | 55.4%+1.2pp |
| Operating Margin | 19.0%+2.2pp | 18.8%-0.7pp | 22.1%-1.1pp | 18.5%+1.7pp | 16.8%+0.1pp | 19.4%+4.5pp | 23.2%+8.3pp | 16.8%+9.2pp |
| Net Margin | 14.3%+2.4pp | 8.6%-4.5pp | 15.2%-1.8pp | 13.4%+2.3pp | 11.9%-0.2pp | 13.1%+4.1pp | 16.9%+6.8pp | 11.1%+8.2pp |
| Return on Equity | 5.0%+1.2pp | 3.0%-1.2pp | 5.5%+0.3pp | 4.2%+0.9pp | 3.8%+0.2pp | 4.3%+1.5pp | 5.3%+2.4pp | 3.3%+2.6pp |
| Return on Assets | 2.4%+0.4pp | 1.5%-0.7pp | 2.9%+0.1pp | 2.2%+0.5pp | 2.0%+0.2pp | 2.2%+0.8pp | 2.8%+1.3pp | 1.6%+1.3pp |
| Current Ratio | 1.09+0.3x | 0.70-0.1x | 0.68-0.4x | 0.980.0x | 0.820.0x | 0.83+0.1x | 1.06+0.1x | 0.940.0x |
| Debt-to-Equity | 0.45+0.1x | 0.360.0x | 0.37-0.1x | 0.38-0.1x | 0.39-0.1x | 0.39-0.1x | 0.45-0.1x | 0.470.0x |
| Asset Turnover | 0.170.0x | 0.180.0x | 0.190.0x | 0.160.0x | 0.170.0x | 0.170.0x | 0.160.0x | 0.150.0x |
| FCF Margin | 19.4%+10.5pp | 34.1%-8.3pp | 3.0%+9.6pp | 24.8%+5.9pp | 8.9%-1.8pp | 42.4%+8.3pp | -6.6%-0.9pp | 18.9%-4.1pp |
Where Covista Inc. Ranks
Frequently Asked Questions
What is Covista Inc.'s annual revenue?
Covista Inc. (CVSA) reported $2.0B in total revenue for fiscal year 2026. This represents a 9.3% 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 Covista Inc.'s revenue growing?
Covista Inc. (CVSA) revenue grew by 9.3% year-over-year, from $1.8B to $2.0B in fiscal year 2026.
Is Covista Inc. profitable?
Yes, Covista Inc. (CVSA) reported a net income of $251.6M in fiscal year 2026, with a net profit margin of 12.9%.
What is Covista Inc.'s EBITDA?
Covista Inc. (CVSA) had EBITDA of $438.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Covista Inc. have?
As of fiscal year 2026, Covista Inc. (CVSA) had $406.3M in cash and equivalents against $657.8M in long-term debt.
What is Covista Inc.'s gross margin?
Covista Inc. (CVSA) had a gross margin of 57.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Covista Inc.'s operating margin?
Covista Inc. (CVSA) had an operating margin of 19.6% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Covista Inc.'s net profit margin?
Covista Inc. (CVSA) had a net profit margin of 12.9% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Covista Inc.'s return on equity (ROE)?
Covista Inc. (CVSA) has a return on equity of 17.4% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Covista Inc.'s free cash flow?
Covista Inc. (CVSA) generated $392.7M in free cash flow during fiscal year 2026. This represents a 36.6% 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 Covista Inc.'s operating cash flow?
Covista Inc. (CVSA) generated $470.4M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Covista Inc.'s total assets?
Covista Inc. (CVSA) had $3.0B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Covista Inc.'s capital expenditures?
Covista Inc. (CVSA) invested $77.7M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Covista Inc.'s current ratio?
Covista Inc. (CVSA) had a current ratio of 1.09 as of fiscal year 2026, which is considered adequate.
What is Covista Inc.'s debt-to-equity ratio?
Covista Inc. (CVSA) had a debt-to-equity ratio of 0.45 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Covista Inc.'s return on assets (ROA)?
Covista Inc. (CVSA) had a return on assets of 8.3% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Covista Inc.'s P/E ratio?
Covista Inc. (CVSA) trades at 16.9x earnings, its market capitalization divided by net income of $251.6M net income, FY2026. The market capitalization is $4.3B as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Covista Inc.'s price-to-sales ratio?
Covista Inc. (CVSA) trades at 2.2x sales, its market capitalization divided by revenue of $2.0B revenue, FY2026. The market capitalization is $4.3B as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Covista Inc.'s Altman Z-Score?
Covista Inc. (CVSA) has an Altman Z-Score of 4.13, 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 Covista Inc.'s Piotroski F-Score?
Covista Inc. (CVSA) has a Piotroski F-Score of 6 out of 9, indicating neutral 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Covista Inc.'s earnings high quality?
Covista Inc. (CVSA) has an earnings quality ratio of 1.87x, considered cash-backed (high 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 Covista Inc. cover its interest payments?
Covista Inc. (CVSA) has an interest coverage ratio of 8.44x, 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 Covista Inc.?
Covista Inc. (CVSA) scores 64 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.