6 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 8.6% per year over the past 5 years.
Net income has grown slower than revenue (2.8% vs 8.6% per year).
Operating margin has contracted, at 11.0% in the latest year.
Free cash flow has grown 6.9% per year over the past 5 years.
Financial health
Total debt ($307M) exceeds cash ($123M); net debt is $184M.
Total debt has grown in line with revenue (7.3% vs 8.6% per year).
Total debt is 3.6× EBITDA.
Shareholder returns
Dividends have been paid for 5 consecutive years, consuming 35.0% of earnings and 27.2% of free cash flow.
The dividend has grown 4.9% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$610M
$44M
42.5%
11.0%
13.9%
5.7%
$57M
$307M
$123M
2024
$568M
$36M
41.1%
11.8%
11.6%
5.5%
$26M
$223M
$125M
2023
$483M
$39M
41.6%
11.7%
19.6%
9.0%
$66M
$142M
—
2022
$458M
$6M
38.4%
3.7%
3.5%
1.5%
$42M
$152M
—
2021
$427M
$13M
39.9%
12.1%
14.3%
4.1%
$37M
$173M
—
2020
$405M
$38M
37.8%
12.3%
434.4%
13.6%
$41M
$216M
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$207M
$11M
42.1%
10.8%
3.3%
1.2%
$19M
$374M
$54M
Mar '26
$155M
$2M
38.7%
4.8%
0.6%
0.2%
$20M
$366M
$41M
Dec '25
$167M
$12M
43.4%
12.2%
3.7%
1.5%
$18M
$307M
$123M
Sep '25
$156M
$11M
42.7%
12.0%
3.2%
1.4%
$22M
$311M
—
Jun '25
$157M
$12M
40.9%
9.3%
3.7%
1.5%
$1M
$315M
—
Mar '25
$130M
$9M
43.1%
10.4%
2.9%
1.4%
$16M
$221M
—
Dec '24
$176M
$13M
43.9%
16.7%
4.2%
2.0%
$22M
$223M
$125M
Sep '24
$109M
$4M
36.6%
5.0%
1.2%
0.6%
-$6M
$208M
—
Jun '24
$144M
$13M
40.6%
13.8%
4.2%
2.0%
$9M
$211M
—
Mar '24
$138M
$7M
41.8%
8.7%
2.6%
1.2%
$794000
$217M
—
Dec '23
$125M
$10M
39.9%
10.2%
4.9%
2.2%
$24M
$142M
—
Sep '23
$125M
$11M
42.8%
13.4%
5.8%
2.6%
$16M
$157M
—
Jun '23
$121M
$11M
41.9%
13.1%
6.1%
2.7%
$14M
$153M
—
Mar '23
$112M
$7M
41.7%
10.0%
4.1%
1.8%
$12M
$157M
—
Dec '22
$124M
$7M
39.2%
10.3%
4.0%
1.7%
$15M
$152M
—
Sep '22
$112M
$5M
39.2%
9.2%
3.2%
1.3%
$4M
$166M
—
Jun '22
$118M
$4M
36.6%
6.9%
3.0%
1.2%
$15M
$163M
—
Mar '22
$104M
-$10M
38.5%
-13.9%
-10.6%
-3.2%
$8M
$168M
—
Dec '21
$104M
$4M
37.9%
9.0%
4.8%
1.4%
$8M
$173M
—
Sep '21
$99M
-$5M
39.8%
11.7%
-72.3%
-1.8%
$2M
$239M
—
Valuation over time
How the market has priced CDRE against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 158.3× (Mar '23) to 30.6× (Nov '26).
The price-to-sales ratio has risen from 2.0× (Mar '23) to 2.2× (Nov '26).
The dividend yield has fallen from 1.2% (Mar '23) to 1.1% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is CDRE growing its revenue and profit?
Over the past 5 years, Cadre Holdings, Inc.'s revenue has grown 8.6% per year, and net income grown 2.8% per year. These are computed facts, not advice.
How much debt does CDRE have?
As of FY2025, Cadre Holdings, Inc. reported $307M of total debt against $123M of cash.
What is CDRE's profit margin?
In FY2025, gross margin was 42.5%, operating margin 11.0%, and net margin 7.2%.
What is CDRE's P/E ratio?
Cadre Holdings, Inc.'s P/E (TTM) is 37.46 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the CDRE stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 30.6× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.