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Compass Diversified Holdings CODI Lugano — Goodwill impairment expense

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Other financials

Income statement

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Revenue$424.0M-11.4%
Gross profit$200.0M-4.1%
Operating income$29.0M+206%
Net income$81.1M+258%
EPS (diluted)$0.86+198%

Balance sheet

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Cash & equivalents$87.4M+18.6%
Total debt$1.7B-15.6%
Total equity$472.6M-21.5%
Total assets$2.8B-15.9%

Cash flow

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Operating cash flow$29.7M+184%
CapEx$6.2M-42.7%
Free cash flow$23.5M+151%

Valuation

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Market cap$810.29M+65.2%
Enterprise value$2.47B-0.4%
P/S0.5×+0.2×

Profitability

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Gross margin44.6%+2.5pp
Operating margin3.5%+2.6pp
Net margin-5.3%-1.5pp
FCF margin-10.1%+5.3pp

Returns & leverage

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Return on equity-17.7%-3.9pp
Debt / equity3.7×+0.3×
Current ratio2.3×+1.9×

Where this comes from

Reported directly by Compass Diversified Holdings in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Compass Diversified Holdings’s 10-K, filed February 27, 2026.

Filed
Feb 26, 2026, 9:57 PM EST
Fiscal year
FY2025
Accession
0001345126-26-000026
Line itemBalance at January 1, 2025Acquisitions/Measurement Period AdjustmentsGoodwill ImpairmentBalance at December 31, 2025
5.11$92,966$92,966
BOA254,153254,153
Lugano
PrimaLoft232,536232,536
The Honey Pot Co.107,039107,039
Velocity Outdoor
Altor Solutions114,619(495)114,124
Arnold39,26739,267

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Compass Diversified Holdings's lugano — goodwill impairment expense?
Compass Diversified Holdings (CODI) reported lugano — goodwill impairment expense of $0 in Q4 2025.
What is the long-term trend for Compass Diversified Holdings's lugano — goodwill impairment expense?
Over 3 years (2021 to 2025), Compass Diversified Holdings's lugano — goodwill impairment expense has grown at a -100.0% compound annual growth rate (CAGR), from $237.2M to $0.
What does lugano — goodwill impairment expense mean?
This represents a non-cash charge taken when the carrying value of goodwill in the Lugano segment exceeds its implied fair value. It serves as a critical indicator that the expected future economic benefits from past acquisitions have declined.

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