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Compass Diversified Holdings CODI Lugano — Net Assets

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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:AssetsNet.

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

The Company recorded a loss on the deconsolidation of Lugano of $111.9 million in our consolidated results of operations which reflects (i) the derecognition of Lugano’s assets and liabilities as of the deconsolidation date (resulting in derecognition of Lugano’s net liabilities of $127.6 million), (ii) the derecognition of nonredeemable noncontrolling interests, and (iii) the recognition at fair value of the Company’s retained secured receivable/claim against Lugano as of the deconsolidation date, calculated as follows:

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Compass Diversified Holdings's lugano — net assets?
Compass Diversified Holdings (CODI) reported lugano — net assets of $127.6M in Q4 2025.
What does lugano — net assets mean?
This represents the total value of assets owned by the Lugano segment minus its total liabilities. It provides a measure of the net capital investment and equity value attributable to this specific business unit.

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