15 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 16.2% per year over the past 5 years.
Net income has grown slower than revenue (0.3% vs 16.2% per year).
Operating margin has contracted, at 21.6% in the latest year.
Free cash flow has declined 8.7% per year over the past 5 years.
Financial health
The company holds more cash ($57M) than total debt ($33M).
Total debt has grown slower than revenue (-6.9% vs 16.2% per year).
Operating income covered interest expense 1.7× in the latest year, up from 0.6× 5 years ago.
Total debt is 0.5× EBITDA.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 14.8% of earnings and 8.2% of free cash flow.
The dividend has grown 139.6% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
2025
$276M
$14M
0.0%
21.6%
$26M
$33M
$57M
2024
$80M
-$129000
0.0%
-10.1%
$8M
$35M
$20M
2023
$83M
-$5M
0.0%
8.3%
-$40M
$30M
$11M
2022
$44M
-$13M
0.0%
-63.0%
-$24M
$29M
$29M
2021
$146M
$12M
0.0%
27.1%
$17M
$43M
$51M
2020
$130M
$14M
0.0%
32.5%
$41M
$47M
$42M
2019
$50M
-$2M
0.0%
8.1%
-$16M
$49M
$8M
2018
$49M
-$2M
0.0%
7.4%
-$8M
$44M
$14M
2017
$48M
$2M
0.0%
15.6%
-$12M
$44M
$23M
2016
$55M
$2M
0.0%
15.5%
-$9M
$30M
$15M
2015
$46M
-$4M
0.0%
-3.6%
-$4M
$29M
$14M
2014
$56M
-$3M
0.0%
0.5%
$4M
$28M
$12M
2013
$58M
-$13M
0.0%
-36.7%
-$9M
$30M
$13M
2012
$95M
-$968000
0.0%
0.3%
$15M
$26M
$15M
2011
$100M
-$9M
0.0%
-18.1%
-$7M
—
$18M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$58M
$1M
0.0%
8.9%
-$32M
$29M
$19M
Dec '25
$103M
$8M
0.0%
29.2%
-$2M
$33M
$57M
Sep '25
$84M
$5M
0.0%
25.8%
$22M
$33M
$55M
Jun '25
$60M
$1M
0.0%
12.5%
$13M
$33M
$26M
Mar '25
$29M
$329000
0.0%
0.4%
-$7M
$35M
$14M
Dec '24
$19M
-$2M
0.0%
-29.7%
$4M
$35M
$20M
Sep '24
$32M
$2M
0.0%
22.8%
$4M
$35M
$14M
Jun '24
$11M
-$2M
0.0%
-59.0%
-$5M
$30M
$10M
Mar '24
$19M
$2M
0.0%
-18.2%
$5M
$30M
$12M
Dec '23
$34M
$5M
0.0%
33.2%
-$4M
$30M
$11M
Sep '23
$17M
-$423000
0.0%
-24.0%
-$592000
$29M
$13M
Jun '23
$23M
-$7M
0.0%
31.0%
-$8M
$29M
$12M
Mar '23
$9M
-$3M
0.0%
-84.8%
-$28M
$29M
$4M
Dec '22
$12M
-$3M
0.0%
-22.3%
-$28M
$29M
$29M
Sep '22
$23M
-$919000
0.0%
12.1%
-$1M
$29M
$47M
Jun '22
$9M
-$2M
0.0%
-89.2%
-$9M
$29M
$50M
Mar '22
-$682000
-$8M
0.0%
2914.7%
$14M
$29M
$63M
Dec '21
$27M
$4M
0.0%
-9.8%
$21M
$43M
$51M
Sep '21
$7M
-$3M
0.0%
-290.4%
$20M
$43M
$42M
Jun '21
$10M
$2M
0.0%
-90.1%
$4M
$45M
$28M
Valuation over time
How the market has priced COHN 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 4.0× (Dec '25) to 2.1× (Jun '26).
The price-to-sales ratio has fallen from 0.4× (Mar '23) to 0.1× (Jun '26).
The dividend yield has fallen from 14.8% (Mar '23) to 7.1% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is COHN growing its revenue and profit?
Over the past 5 years, Cohen & Co Inc.'s revenue has grown 16.2% per year, and net income grown 0.3% per year. These are computed facts, not advice.
How much debt does COHN have?
As of FY2025, Cohen & Co Inc. reported $33M of total debt against $57M of cash; operating income covered interest expense 1.7×.
What is COHN's profit margin?
In FY2025, gross margin was —, operating margin 21.6%, and net margin 5.2%.
What is COHN's P/E ratio?
As of Jun '26, Cohen & Co Inc. traded at a price-to-earnings ratio of about 2.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.